Fair enough. I agree that there seems to be enough circumstantial evidence that some of these shorts last year engaged in rumor mongering which may have precipitated some of the collapses; I think that is blatantly illegal and should be punished. I also agree that some of these people/companies are parasite-like, as the one mentioned in your link, attacking companies or currencies when they are at their weakest, contributing nothing to the solution and reaping massive rewards at others expense. I guess I have the simplistic view that if you are not part of the solution you are part of the problem. I would definitely agree with the gist of what you are saying and that is these people are not helping the situation. But unfortunately it is part of capitalism, and you have to take the good with the bad, and regulations like banning naked shorts help a little I think to mitigate the "pile on" shorting that happens to some stocks. Also, I think the markets have been manipulated for so long by the rich and powerful and lobbyists, and the main stream media does little to expose this, because, of course, who owns the mainstream media? The question is do you want to know the truth and know things that are being hidden and do you think the masses can handle that info? Check out zero hedge, they have some really good info and articles. Here's another good link to some recent craziness that is happening:
Fair enough. I agree that there seems to be enough circumstantial evidence that some of these shorts last year engaged in rumour mongering which may have precipitated some of the collapses; I think that is blatantly illegal and should be punished. I also agree that some of these people/companies are parasite-like, as the one mentioned in your link, attacking companies or currencies when they are at their weakest, contributing nothing to the solution and reaping massive rewards at others expense. I guess I have the simplistic view that if you are not part of the solution you are part of the problem. I would definitely agree with the jist of what you are saying and that is these people are not helping the situation. But unfortunately it is part of capitalism, and you have to take the good with the bad, and regulations like banning naked shorts help a little I think to mitigate the "pile on" shorting that happens to some stocks. Also, I think the markets have been manipulated for so long by the rich and powerful and lobbyists, and the main stream media does little to expose this, because, of course, who owns the mainstream media? The question is do you want to know the truth and know things that are being hidden and do you think the masses can handle that info? Check out zero hedge, they have some really good info and articles. Here's another good link to some recent craziness that is happening:
Even though his points make somewhat sense, and they are based on flawed assumptions and faulty reasoning, I have one sentence for the author: "China is pushing its citizens to buy gold and silver". This one FACT alone will dramatically change any supply/demand/intrinsic value assumptions we have about gold and silver. I won't even bring up US dollar reserve currency issues.
For a great article on picking junoirs google Rick Rules' "How to pick a Junior Gold Stock" written about two years ago when the junior miners started crashing.
Why Apple Stock Is Poised To Go Flat - At Best [View article]
I was quite shocked at all the emotional and insulting posts to the author's article. I guess it is a testatment to their ability or lack therof to express themselves. To defend Apple in such an emotional manner points to a big ego. Most psychologists agree big egos mean little self esteem. I guess that's what you'd expect with people overly enamoured with gadgets. Do they get away with calling their friends, co-workers, family "idiots"? I have seen some articles on seeking alpha that may have come close to warranting comments such as these but definitely not this article.
There were however some excellent counter arguements and I commend the authors of those posts, but who am I to pass judgement?
I have heard however that recently many customers have complained of connectivity issues with the 3G phone which see it default to the lower bandwidth signals (please excuse my tech ignorance if anything in the previous sentence is technically incorrect).
Anyway, if you have something interesting or at least semi-intelligent to say we'd all love to hear it, otherwise keep the elementary school insults to the schoolyard or other sites where such low class verbiage is acceptable.
Greenspanism Is Looking Pretty Good [View article]
This is probably one of the worst articles I have seen on the causes of this crisis. The ultimate goal of the fed should be to promote stability in our economic system, not promote unhealthy and unatural growth with it's credit availability policies. I'm sure the average American would prefer 10 years of modest growth to 5 years of hyper growth and 5 years of economic devastation. Unfortunately I fear in two years the author will concede Greenspanism was a huge mistake. This crisis has a long way to play out, mortgage resets are just starting to peak, and home equity extraction has dropped by 72%.
Qualcomm and Jacobs Engineering Added to Goldman Sachs Conviction Buy List [View article]
Does anyone happen to know where on the web one can find the Goldman conviction sell and buy list? I've been all over their site and can't seem to find it, thanks.
Made in Taiwan: 3 Funds for the Next Asian Market Bubble [View article]
The party with power in the Taiwanese legislature and now the presidency is the KMT; they are not encouraging reunification, they are just stepping back from the pro-independence policies of the former president Chen Shui Bian and his party. The KMT stance on reunification is and has been for a while: they will consider it if the mainland becomes a fully democratic nation, which is unlikely to happen in the near future. The KMT default position while the Mainland remains communist is to keep the status quo, that is not to push for independence nor to acquiesce to the Mainland's calls for reunification, and increase trade and travel links which benefit both countries. I agree with the premise of the article that the new administration will bode well for the economy of Taiwan, with the caveat that if for some reason hardliners in the PRC can hijack the agenda of the politburo they will push to advance the reunification timetable (and I think the chance of this has decreased with the election of the new Taiwanese president Ma Jing Jou).
Piper Makes Priceline.com an 'Internet Top Pick' [View article]
Are you kidding me? Priceline will keep on growing? Due to the combination of worldwide commodity/food inflation, declining home values, credit tightening, and of course HELLO oil prices (airline tickets are skyrocketing and airlines are currently undergoing massive, urgent downsizing), consumer discretionary income will take a big hit worldwide. People will cut back on the big trips such as going to Europe, Hawaii, Caribbean where priceline is useful. However, you don't need Priceline to plan a trip to the local Six Flags or to go camping, and these are the kind of trips the majority of people will be taking in the future. I don't think priceline is going to go away, but to continue to expect the kind of growth the company has had is to truly be optimistic. Maybe the analyst at Piper Jaffry and his buddies have huge disposable incomes and can afford glamorous trips; but that won't be the case for the average American or citizen of the industrialized world in the near future.
JP Morgan Shows Signs of Fatigue [View article]
www.rollingstone.com/p...
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JP Morgan Shows Signs of Fatigue [View article]
JP Morgan Shows Signs of Fatigue [View article]
harveyorgan.blogspot.c...
JP Morgan Shows Signs of Fatigue [View article]
harveyorgan.blogspot.c...
Wary of the New Gold Rush [View article]
Doug Casey: Why Gold Miner Stocks Are 'Burning Matches' [View article]
Amidst Market Turmoil, Apple Has Unique Opportunity [View article]
Why Apple Stock Is Poised To Go Flat - At Best [View article]
There were however some excellent counter arguements and I commend the authors of those posts, but who am I to pass judgement?
I have heard however that recently many customers have complained of connectivity issues with the 3G phone which see it default to the lower bandwidth signals (please excuse my tech ignorance if anything in the previous sentence is technically incorrect).
Anyway, if you have something interesting or at least semi-intelligent to say we'd all love to hear it, otherwise keep the elementary school insults to the schoolyard or other sites where such low class verbiage is acceptable.
Greenspanism Is Looking Pretty Good [View article]
Qualcomm and Jacobs Engineering Added to Goldman Sachs Conviction Buy List [View article]
Made in Taiwan: 3 Funds for the Next Asian Market Bubble [View article]
Piper Makes Priceline.com an 'Internet Top Pick' [View article]