SIEANDME

A Ford Turnaround?

In a Nut shell: Ford has a better idea .......Its called Capitalism!

Where We Stand Compared to 3 Other Bad Bears

Now, I can't speak to whats going on in the rest of these United States of America only to whats going on in my little slice of the world Miami Beach and Greater Miami area. My dad said always believe in your eyes, believe in what you see.

I see resturants packed. I see that its really impossible to find a parking spot on Saturday at my local Best buy. I see for sale signs coming down. And must importanly I see my gross receipts increasing and compatible to say 2004-2005. and I see a stock market up 24%. Becasue I see this things right in front of my face well i gotta believe it.

Personally, and I believe this is true for must Americans that are still employed, I have been agressively paying down my creditcard debt ( the nerve of Bac to raise my rate from 9% to 14%) and building my savings. I have Jumped on stocks like GE and BAC and F at prices of 7,4 and 2.00. and Rimm at 37 was a frigging steal.

As far as inflation is concerned I just don't see it.

Consumer Credit and Savings: Heart of the Crunch for Retailers

Pssst, This recovery is will be explosive and will catch the best of the best by surprise.

Consumer Credit and Savings: Heart of the Crunch for Retailers

So let me understand this. The consumer is paying off creditcard debt at a record pace and at the same time building up a nest egg in a savings account. Does that mean when the economy begins to recover and consumer confidence begins to rise that all this available credit and cash sitting on the side line will be fuel to futher the expansion of that recovery?

Is it possible that America will recover?

Rare Market Indicator Sighting: T2108 Over 90%

Listen, take it from an old broken down cab driver from Miami Dade County when I tell ya America will survive and right here right now is the time to buy. GE at 7 bucks? your kidding me right? 1000 shares @ 7.35 now resides in my IRA. Bac was under 4 bucks? 1000 shares now reside in my IRA. Ford, well you know the old saying " Ford Has A Better Idea" yeah its called capitalism. Being the only auto maker not to beg borrow or steel from the treasury and the fact that my Crown Victoria has 225000 miles on it (TAXI), well 1000 shares of F now resides in my IRA.

Wait to see the whites of the eye before pulling the trigger and It will be too late. Risk = Reward.

On Apr 10 12:35 PM conceptwizard wrote:

> Nice article! I would like to add the the earnings promoted by the
> financials recently. Wells Fargo included are a one time recoup of
> losses flowed through AIG of taxpayers money. AIG recorded a record
> loss to honor their exposure to the underwriting of guarantees to
> these companies. I have a hard time rejoicing in the fact that our
> taxpayer dollars are being used to falsely prop up the financial
> system. In my opinion, although this aticle has good reasearch it
> is to early to trust the bull. There are just to many landmines in
> the field right now with no accurate detection system. Due to the
> uncharted territory we find ourselves trying to make quality decisions
> in I would like to see housing numbers including inventory turn consecutively
> more positive, a marked consecutive decline in unemployment numbers,
> an accurate evaluation of the losses in the financials and them relalized
> by washing them out, new regulation protecting the equity holders
> from unabated risk. At this point we will start to have a floor built
> in the new economic world we are entering. This new economic world
> is a gamechanger and in my opinion we are not there yet.

Rare Market Indicator Sighting: T2108 Over 90%

Interesting these technical indicators yes? unfortunately T2108 does not go back to the period of 1/8/73-10/4/74, when the Dow tanked 47.98%. After a brief rally, the Dow retested the 10/4/74 low on Dec 10 1974 and than rallied (for 10 consectutive weeks) up 26% by 2/21/1975. By July 16 1975 the Dow was up 45.96% from the Dec lows. At the time the media was comparing it to the Great Depression and the gas lines? Who could ever forget.

Now I'm no economist but let me tell ya'll something the service sector in Sunny south Fla is absolutely booming. The only thing I can figure is the 50% drop in gas prices probably put extra cash in the pockets of consumers, cause as i said you gotta stand in line and wait to get into the better restaurants. And omg, just try and find a parking spot at the best buy in adventura on a saturday. They did beat the street yes? I guess just more smoke and mirrors..Just cooking the books. Keep on shorting PLEASE

Now everybody knows that when a bank borrows money at less than 1/2 of 1% and than turns around and lends it out at upwards of 12%, surely they will never be able to earn there way out of all those losses. I mean after all only about 90% of all mortgages our current.

Heres my take: The Bears are forced to cover and on the defence.
The Big Boys can't and will not take the risk of being left behind. This is not a rally its a CAMPAIGN. So, keep on shorting the market needs all the fuel it can get.

Options Trader: Temptation Tuesday

Paulson is an investment banker. When he says that America can sell US treasuries at 3%, use that money to by mortgage back securities below market value at say 60 cents on the dollar yeilding 8% and perhaps a couple three years down the road flip them out for say 85 cents on a dollar, I for one see it as a profitable transaction. This is not a bailout its an investment in Americas economy. Paulson, PLEASE use all that money I've paid to Social securty these past 50 years and get me in on this deal.

The SEC Panics

Imagine if you were in Ackmans shoes, short 5% of Fnm and you learn abet a little to late, that Treasury has received a blank check from Congess to spank his FANNIE. 2 minutes into the open and Treasury is buying up 100000 blocks of shares. Tick: 6.25, Tick 7.00 Tick 8.25 tick 10.00.. The king of shorts is getting his lemons squeezed. That stock pops 50% by Noon and Paulson is eating Ackman for lunch. Treasury sells into this Ackman squeeze and by the end of the day the Tax payers are up 3%.

Not a bad day..