wyosteven

115 Comments

    • Opportunity in Emerging Markets Amidst This Panic [view article]
      Chris B - I agree, now is opportunity, but not for recommendations.

      Fortunes "can" be made in times like these, but just as much "can" be lost.

      I love the emergings, and will go long as soon as I feel there is something worth taking a stance on. Wild 7% swings in equity markets worldwide are not a sign of confidence to go long, particularly as the global liquidity catastrophe is beginning to get in the spotlight.

      I for one have been saying that this correction has been coming much longer than 4 months, and we won't even begin to see clearly until the DOW is around 8500. There is no end in sight for emerging exposure at this point, and you are simply throwing your money away (short term).

      Not to worry.       Oct 06 01:41 PM
    • Opportunity in Emerging Markets Amidst This Panic [view article]
      This commentary is pure speculation. Why not just come out and say "I see the bottom" like the countless other quacks writing to write.

      No way Jose' would I recommend anyone jumping into international until domestic confidence is restored OR more evidence of decoupling of the US with the rest of the world is seen (over time).

      For disclosure I love emerging markets, they have been good to me.       Oct 06 11:54 AM
    • Bailout 1.1 Passed. Will We Have to Go Back to the Well for v2.0? [view article]
      AlexS I thought that too!

      Therefore I'm going to simplify and am going to change my company logo to -- you guessed it -- A wooden arrow with a kid on it!

      Whew! Now I can finally move my PO box back onshore.       Oct 03 06:56 PM
    • The Die Is Cast [view article]
      I can't wait for the transparency of this to evolve. I can see the in 5 years "Rescue Plan Investment - BAD INVESTMENT".

      Well, on the good side, if you are an illegal alien, the US taxpayer just bought you a free house.       Oct 03 06:48 PM
    • The Die Is Cast [view article]
      The only thing that comes to mind is the quiet words of the virgin Mary, "I'm fu**ed." Oct 03 06:19 PM
    • Time to End Government Dickering Before It's Too Late [view article]
      appro, I wish I could take you seriously. Though your points address many investing particulars, it says nothing about the roots of the problem to our economy.

      All your illegal aliens will be building your municipalities. Not closing the borders will continue to put downward pressure on wages (and continue to promote the lack of transparency).

      Drill, drill, drill speaks for itself - though I am a Republican, this is nothing but absurd rhetoric, that does nothing for the next five years... WE NEED REFINERIES!!

      Separate fund for "urgent requirements"?? What the hell is that, another game to be played?? The problem is regulation (or lack of) with banks. Here's why:

      If I am a bank and I make money the "old fashioned way", I lend. If I want to drive the price up I manipulate lending. In other words, I simply don't lend, which restricts liquidity to an economy addicted out of it's means. No transparency, no accountability. There is no mention of saving in your points, and sadly, that is the easiest means to combat liquidity problems associated with our addiction to banks.

      ... I can keep going.       Oct 03 10:07 AM
    • FDIC Insurance Limits: Eating My Humble Pie [view article]
      Not to worry Mark, there will soon be plenty of turd-sandwich to go around... Oct 02 06:45 PM
    • The U.S. Economy After the Bailout [view article]
      TraderGP, I completely agree. I own everything I have. It may not be the nicest, but it is more than my needs.

      Unfortunately, our good behavior is being overlooked because of the mistakes of others, and not only am I ready for a depression I welcome it!

      Perhaps the illegals will leave, freeing up those whom are too "prideful" to work a shovel and then the real heart of the matter can start to rebuild. Get Main Street off the entitlement programs.       Oct 02 12:11 PM
    • The U.S. Shouldn't Pay Ransom to Wall Street [view article]
      Ill make this simple. We are rewarding bad behavior with "this" bailout. It's not that I don't recognize the economic peril we are facing (or in). It's that we are simply allowing an orchestrated bank heist by a spineless Congress.

      Since the majority of homes are now in conservatorship, why not decrease what is owed on RESPONSIBLE HOMEOWNER'S mortgages?? Give me $3k tax credit for good behavior instead of rewarding the thugs on Wall Street.

      Last time I checked, the vast majority of Americans are well aware of the looming financial disaster and STILL are opposed. Its the sick little entitlement by the corporate and wealthy elite that have Congress in their pockets.

      Time for a "Wall Street Bailout Party" much like Boston Tea.

      Folks, there is no better way to assess what is REALLY happening than to open your friggin eyes and quit pointing fingers.

      Who wins? Wall Street.

      Who created the derivatives? Wall Street.

      Who failed to self-regulate? Wall Street.

      Who do we bailout? Wall Street.

      What a joke. Let the free market bring down the price of McMansions such that those of us that are responsible have a crack at them.       Oct 02 11:57 AM
    • The Economy Won't Be Ignored [view article]
      I completely agree with thedozer. Tough love.

      Don't insult those of us with good behavior, don't buy illegals free houses.       Oct 01 10:54 AM
    • Not Just Oops: Concerns About Technical Glitches [view article]
      What makes you have any confidence that the same fools running banks aren't the same fools running markets? If there is a crooked opportunity, many will accept it as a "glitch".

      Of course there is no transparency nor accountability, only more invisible hand -- what a joke.       Oct 01 10:50 AM
    • How Risk Aversion Is Evolving [view article]
      P.S. The "new" truck I spoke of is a 2001. Actual new trucks are a joke! Oct 01 10:40 AM
    • How Risk Aversion Is Evolving [view article]
      Smarty_Pants makes a number of good points.

      I, being GenX decided to move all my IRA holdings to treasuries after my portfolio is up almost 8% this year (riding emerging markets and energy all the way up and then selling in June). I am a long term buy and hold investor... however that strategy would have been catastrophic in my portfolio.

      Also, not going to lie, I've seen this mess coming for the last three years, so I have been on an utter spending spree!

      I bought the quality big ticket items (not with credit) such as a new truck, television, etc. My logic? These things could become unavailable.

      I've seen this storm for long enough to not only adapt, but "invest" in the "stuff" before the stuff becomes unavailable. A little foresight and the ability to purchase debt free will continue to insulate my family from this mess... and *knock* *knock* to date it has.

      The problem is that with this bailout, my "good" behavior isn't rewarded -- ITS INSULTED!!!!
      Oct 01 10:34 AM
    • What is Hank Paulson Thinking? [view article]
      JasonC and Gabe seem to value democracy differently than 200 years of American patriotism.
       Sep 29 05:57 PM
    • Moving the Deck Chairs on the Economic Titanic [view article]
      "Some are saying that "this is not the time for ideology". They are the ones who don't want their corporate socialist ideology resisted. Their solution already screams of ideology; it is only natural to oppose it on ideological grounds."

      That is absolutely right.

      It's filthy that columnists such as Kedrosky fail to see that when the enemy is "confidence" one has to START by eliminating politics.

      Next remove Paulson, he's front and center "Wall Street's mouthpiece" to most Americans.

      At the same time, transparency and valuation. We need to define the worth of troubled assets.

      Shame on those that approach Democracy in a flaccid, "all or nothing" mentality.

      This is a process, and what all you wimps that wanted the bailout have learned is that good policy comes from patience and understanding the problem.

      That's next and watch for the bill to arise again (in some form) later this week.

      BRAVO TO THE FREE MARKET FOR BEING BIGGER THAN POLITICS.       Sep 29 05:41 PM
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