Wall Street Breakfast: Must-Know News [View article]
The fact is most consumers aren't as rational as you when it comes to buying a car. Once gas is $4 again, which will happen quickly, they will flock to fuel efficient vehicles in droves.
Last summer you had people taking $10-20K losses on big SUV's so they could buy an Accord, not considering that their approach would not pay for itself within YEARS.
On May 19 09:42 AM sidestick wrote:
> The article mentioned the increased cost of a car as $1300 by 2016. > Will the savings in gas offset that $1300? Or will you pay even less > for car and gas combined, thus making the more fuel efficient car > less expensive over a lifetime than a car that only gets 20 mpg? > How about some real comparisons, please?
You lost credibility at swine flu. Now hurry, run for your life!!!!
On May 01 10:57 PM Gaucho wrote:
> Based on what fundamentals? > > Consumers ability to spend. > The unemployment rate. > Balanced budget. > Manufacturing investment. > Housing market. > Exports. > Price of oil now and future. > GDP > > I could never understand the rally in the market. I could never understand > the doubling of GS. All of this does not make sense and yet the authors > explination does. > > BTW gold has been manipulated way below where it should be. Buy the > metal and not the ETF since the government will take the EFT and > give you worthless dollars when it gets ugly. > > Another BTW if this swine flu really gets going then you can kiss > the economy goodby. As if it wasn't done already.
Kicking People Out - Cramer's Stop Trading! (9/24/08) [View article]
The free market would correct all right, and we'd be in years of demise. There's a LOT of things wrong with this country, however, without banks lending money there is no growth and therefore no climbing out of the hole we're in. We're a capitalist society and we need CAPITAL to get back in the swing of things. Sure, Cramer is an idiot. Do the reverse and you make more money than if you follow his screaming advise - which changes with the wind. But read the Buffett interview on his thoughts about the bailout.
Greedy PEOPLE got us in this mess. Each Wall Street firm is comprised of PEOPLE, despite their lack of consideration toward anyone but themselves. But unfortunately those same people have put this nation in such a situation that the plan is the only option to avoid catastrophe. Like it or not.
Wall Street Breakfast: Must-Know News [View article]
Last summer you had people taking $10-20K losses on big SUV's so they could buy an Accord, not considering that their approach would not pay for itself within YEARS.
On May 19 09:42 AM sidestick wrote:
> The article mentioned the increased cost of a car as $1300 by 2016.
> Will the savings in gas offset that $1300? Or will you pay even less
> for car and gas combined, thus making the more fuel efficient car
> less expensive over a lifetime than a car that only gets 20 mpg?
> How about some real comparisons, please?
Why This Rally Is Unsustainable [View article]
Schmuck you are.
On May 02 01:53 PM sickofthehype wrote:
> You lost credibility at swine flu. Now hurry, run for your life!!!!
>
Why This Rally Is Unsustainable [View article]
On May 01 10:57 PM Gaucho wrote:
> Based on what fundamentals?
>
> Consumers ability to spend.
> The unemployment rate.
> Balanced budget.
> Manufacturing investment.
> Housing market.
> Exports.
> Price of oil now and future.
> GDP
>
> I could never understand the rally in the market. I could never understand
> the doubling of GS. All of this does not make sense and yet the authors
> explination does.
>
> BTW gold has been manipulated way below where it should be. Buy the
> metal and not the ETF since the government will take the EFT and
> give you worthless dollars when it gets ugly.
>
> Another BTW if this swine flu really gets going then you can kiss
> the economy goodby. As if it wasn't done already.
Kicking People Out - Cramer's Stop Trading! (9/24/08) [View article]
Greedy PEOPLE got us in this mess. Each Wall Street firm is comprised of PEOPLE, despite their lack of consideration toward anyone but themselves. But unfortunately those same people have put this nation in such a situation that the plan is the only option to avoid catastrophe. Like it or not.