junkyarddog

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

I found it interesting that you haven't commented on Bush's speech last night. Some said it was his best speech ever, although in terms of leadership he's probably so irrelevant at this point you didn't even pay attention.

When the dust settles, I hope Paulson, Barnanke and Cox are brought to trial. Talk about crooks, they put Nixon to shame.

"Democrats and Republicans coming together". It makes me sick, as it was under their watch all of this $ trillion plus robbery happened.

Options Trader: Monday Outlook

What a tough day, oil reaching $130 for October on pure supply and demand fundamentals..., stocks tanking, panicking showing its ugly head, ald gold gaining a lot. The doomsayers had their day (week).

I can't wait for the next article tomorrow to see what Phil makes out of this insanity.

Options Trader: Monday Outlook

Your last words "be very afraid"... I already am. Afraid that the $700 billion mega bailout is not going to be enough. Afraid that my kids and their grand kids will still be paying to bailout the Wall Street casino playes, who should be in jail.

I'm really afraid that all we'll do is buy time (another few years) instead of fixing the problem: let the unscrupulous private banks fail and work on protecting the credibility of the governement itself and the dollar (what's left of it). Of course it's painful, but at least future generations will be (should be) freed from this deadly derivative virus.

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: Wednesday Outlook

Phil, I always enjoy your articles. In my opinion you're one of the best market analysts in today's world, and I read a lot.

I think you're partially right in your analysis above. What is missing? The democrats. As if they're not part of the same corruption scheme, as if they want the price of oil to come down, to withdraw our troops from Iraq, and as if they're immune to the oil cartel lobbying.

I'd challenge anyone to come up with one SIGNIFICANT difference between republicans and democrats. One. And I will take back everything I said.