Is there any hard evidence that "Bollinger Band" analysis works, other than through self-fulfilling prophesy? (I.e., many traders use the same tool and act accordingly, which then skews the market.)
Looking at the Market and Three Tech Stocks - Dell, Apple and IBM [View article]
Re: paying off other people's mortgages
You've been doing that for many, many years. What, you say? Yes. It's called "deducting mortgage interest." That's a taxpayer subsidy to homeowners. As far as I know, no other type of consumer debt has deductible interest. (Quite a while ago, one could deduct interest on car loans, etc.) This is why people get second mortgages and lines of credit to buy cars, send kids to college, etc., and one reason some people are now under water.
Of course, this subsidy is worth more to high-income taxpayers because of their higher marginal rates.
Dark Clouds Gather as Obama Presidency Spooks the Markets [View article]
"Well they would know that Rep. Paul Ryan (R-WI) Requested that the Congressional Budget Office estimate the cost of making permanent 20 of the most 'acceptable' provisions of the stimulus package."
That shows what an idiot Rep Ryan (and the author) is. Obama has never said anything about making any of the provisions of the stimulus package permanent. It was Bush and the Republicans who wanted to make the tax cuts permanent. Taxes are going up, folks, at least on the wealthy who got the largest windfall from the Bush tax cuts. Perhaps we should look at the early 1950s, a time of strong growth, when the top marginal rate was something like 75%. Heck, I'd even settle for going back to the tax rates Reagan set.
A Worm in the Apple? [View article]
Looking at the Market and Three Tech Stocks - Dell, Apple and IBM [View article]
You've been doing that for many, many years. What, you say? Yes. It's called "deducting mortgage interest." That's a taxpayer subsidy to homeowners. As far as I know, no other type of consumer debt has deductible interest. (Quite a while ago, one could deduct interest on car loans, etc.) This is why people get second mortgages and lines of credit to buy cars, send kids to college, etc., and one reason some people are now under water.
Of course, this subsidy is worth more to high-income taxpayers because of their higher marginal rates.
Dark Clouds Gather as Obama Presidency Spooks the Markets [View article]
That shows what an idiot Rep Ryan (and the author) is. Obama has never said anything about making any of the provisions of the stimulus package permanent. It was Bush and the Republicans who wanted to make the tax cuts permanent. Taxes are going up, folks, at least on the wealthy who got the largest windfall from the Bush tax cuts. Perhaps we should look at the early 1950s, a time of strong growth, when the top marginal rate was something like 75%. Heck, I'd even settle for going back to the tax rates Reagan set.