junkyarddog

Nationalize Citigroup and Bank of America

Nice job, Felix! You wrote a satire just to get people going.

It's too bad this kind of publication doesn't belong here; it's stuff for the "National Enquirer".

To make your "article" even more humorous, you should include GM, Ford, and Chrysler. Now, that's funny --- even though no one is laughing.

Options Trader: Outlook for Turnaround Tuesday

Helicopter Ben looks now like a child's game, as the world managed to throw money around more than Ben could have ever dreamed. What will be the price to pay? Hyperinflation or deflation?

I think deflation, as if the US starts printing money, all our foreign investors will pull out. They're not stupid. Zimbawe is a case apart, as foreign investments in that country is near nil, so they can print all the money they want and... they did it.

In times like this is difficult to predict anything.

Options Trader: Thursday Outlook - How Much More Disappointment Can We Stand?

It's interesting that the market's psychology was similar when oil was >$140 and people were cock sure it'd hit $200 soon. When the dust settled (albeit perhaps temporatily), more realistic values return to market.

This time around I don't know what the DOW's "real" value is or should be. However, one thing is for sure: there's a lot of panic out there and as such it's hard to assess value on anything.

If it goes below 9K I imagine a lot of people will take their 401K's out of stocks and move it to money markets, perhaps compounding the sell-off.

Options Trader: Monday Outlook

I see Phil's articles at Seeking Alpha as an incredible help to the average American, which is provided free of charge. I don't use Phil's options recommendations (they aren't posted hare anyway), so why don't you write your complains where they belong, i.e. Phil's stock world?

Options Trader: Friday Outlook

These are crazy times, even worse than those of South America in the 80's. Remember their inflation of over 2,000% a year? Back there their goverment exausted all intervention options; all possible interventionists ideas ever written in all economic encyclopedias of the world. Of course, nothing worked for them, even changing their currency name several times AND declaring martial laws to freeze prices! What worked for them, starting in the 90’s (specifically Brazil)? It’s simple: their government stopped spending and printing money.

These are indeed scary and desperate times. All because of greed, out of control spending, and addiction to gambling (derivatives anyone?).

Thanks again for writing your articles free of charge to us, and shedding some light amidst such insane times.

Options Trader: Monday Meltdown Watch

WeeklyTA, yes, I read your blog and you can't be wrong. As you've said, end of discussion.

Options Trader: Monday Meltdown Watch

Phil: you're the only analyst who has the right to brag for being spot on in your market analysis this year. You were alone on insisting on speculation when oil was at $146 (where are the $200-dollar-a-barrel-e... now???). You were [almost] alone about the bailouts back in April.

I can't wait for you analysis tomorrow after the fire has calmed down a bit (hopefully).

Don’t Buy What Wall Street Is Selling

We live in a debt ridden society and once in a while forest fires are a good thing to clear up the forest. We allowed too much worthless brush to creep in, now the burning will be intense until it clears up.

Like firefighters, the Fed can't put out the fire, but dig trenches only hoping to containi it. Well, we may need to simply let it burn.

The major risk to an out of control fire is high oil prices, which adds fuel to the fire (wow! pun intended). If we get a break from high oil prices for a while it may help the markets to re-align themselves without depression-era like crashes. Regardless, like surgery, it'll be painful but life saving.

This is all tough, a rough road ahead, but a good thing in the end.