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  • Apple Will Revolutionize TV And Here's How  [View article]
    Revolutionize is a pretty strong term. We'll be watching the same crap, just accessing it through some different type of menu system.
    Jan 13, 2013. 10:20 AM | 1 Like Like |Link to Comment
  • Though many pundits, analysts, and (reportedly) employees liked Apple's (AAPL -2.3%) big management shakeup (I, II), shares have fallen below the $600 threshold today. Scott Forstall had plenty of critics, but he also earned a lot of respect on account of iOS' success over the last 5 years. Today's decline comes as Chinese regulators give their approval to iPhone 5 models meant for China Unicom (CHU) and China Telecom's (CHA) 3G networks.  [View news story]
    sounds like a bunch of bs, I bet the model is useless
    Oct 31, 2012. 07:38 PM | Likes Like |Link to Comment
  • Turning The World's Most Successful Investment Strategy On Its Head  [View article]
    If you read Harry Browne's book, he wasn't trying to predict which assets would do the best over the next 20 years. His thesis was a passive investing approach and he cautioned against following investing "Seers" who claimed foreknowledge of what investments would go up.
    Aug 7, 2012. 11:53 PM | 1 Like Like |Link to Comment
  • Why Silver Is Correcting  [View article]
    Soros sold his gold and silver in April. I think the old poker saying that if you don't know who the fish is at the table, it's probably you is applicable here.
    May 4, 2011. 09:29 AM | 5 Likes Like |Link to Comment
  • Are We Really on the Verge of the Biggest Bear Market in 300 Years?  [View article]
    Actually the major crashes that he is comparing us to did go straight down, at least based on the chart presented here. That's why I'm saying this looks different.
    Sep 21, 2010. 09:49 PM | Likes Like |Link to Comment
  • 11 Firms That Overdid the Layoffs  [View article]
    You're giving them too much credit. I used to work for a 100000+ employee company who I watched stupidly lay off and subsequently rehire the same skilled workers over a couple of economic cycles. Often the separation package was the same or more than those workers would make in the interim period between being laid off and hired back. Basically this is the game executives play to artificially levitate their stock price and subsequently make themselves billionaires.
    Sep 19, 2010. 11:23 PM | 6 Likes Like |Link to Comment
  • Are We Really on the Verge of the Biggest Bear Market in 300 Years?  [View article]
    I don't know anything about Elliot Wave Theory but if you're looking for previous patterns to discern where we're going based on this chart I don't think our current situation mirrors the other major historical crashes at all. 1720, 1840, 1860, 1930 all look like they spike and then plummet relentlessly.

    From this chart it looks like we hit a peak in the early 2000's and then dribbled along sideways for the rest of the decade similar to the 70's. I guess because they are plotting end of year values, 2008 barely even registers as significant.

    I personally think that Prechter is a pretty good macro economist when he is looking for reasons to support his technical analysis. But the only technical analysis that could possibly work is HFT for the big insiders front running the market.
    Sep 19, 2010. 10:58 PM | 1 Like Like |Link to Comment
  • 'After the Fall': Why the Economic Future Looks Bleak  [View article]
    Does anyone ever predict an optimistic outlook when things are bleak or vice versa? That's called human nature.
    Sep 12, 2010. 01:43 PM | Likes Like |Link to Comment
  • Debt: The Chart of the Century  [View article]
    I still think the declining gdp growth issue is independent of the debt issue. Declining gdp is because we hit a saturation level in consumption and geometrically increasing debt levels are due to irresponsible government. It's not as though cutting the deficit will make us buy even more cars and flat screen tvs.
    Mar 25, 2010. 04:06 PM | 1 Like Like |Link to Comment
  • Debt: The Chart of the Century  [View article]
    my bad, I'm used to seeing GDP stated in percentage terms
    Mar 25, 2010. 02:43 PM | Likes Like |Link to Comment
  • Debt: The Chart of the Century  [View article]
    Is the debt inflation adjusted? If not this is meaningless.
    Mar 25, 2010. 08:44 AM | 2 Likes Like |Link to Comment
  • Why Krugman Is Right and Roach Is Wrong  [View article]
    The US (and by extension Krugman) are jawboning the yuan up because they want it to stay weak. They know the Chinese will let pride get in the way of good sense and dig in against our pressure, so it is a classic case of applying reverse psychology. With a strong yuan, the Chinese will end up owning half the US and outflank us in the global rush to grab resources.
    Mar 23, 2010. 10:19 PM | 1 Like Like |Link to Comment
  • 5 Reasons Why the Market Is About to Change Direction  [View article]
    I agree the market can't go up forever but your scribbling on those charts does nothing for me
    Dec 26, 2009. 08:07 PM | Likes Like |Link to Comment
  • Harry Dent: India a Better Long-Term Bet than China  [View article]
    Dent has some valid macro observations with regards to demographic trends or election cycles impacting economic performance. The problem is when he tries to extrapolate asset prices by overlaying it all in a single package. Still worth reading though.
    Sep 16, 2009. 08:23 PM | 2 Likes Like |Link to Comment
  • Another Big Oil Drawdown  [View article]
    So what are you selling?

    On Sep 16 07:58 PM WMD wrote:

    > What JP Morgan have in common with the rest of the banking industry?
    > Nothing.
    > Oh, really it's not that simple, in the end JP is another big bank
    > with the same problems just as small banks. It takes deposits, lends
    > money, leverages itself too much, offers credit cards, custody and
    > sits on a throne of derivative dribble. In fact already 100 banks
    > went bust and every day adds another run on a bank. FDIC have no
    > money to rescue this banks already and by our estimates and contacts,
    > we have learned that FDIC list of banks that they know will be next
    > to go bust, is 9000 banks.
    > Now think what will happen with your bank deposits like CD's or money
    > market, when in this FDIC report we read about FDIC recommends Fed
    > and Treasury to work on a plan, where it will be legal by the government
    > to confiscate all your money so government can pay back debt obligations
    > and renew financial system. All stocks and other holdings held in
    > a brokerage, IRA or bank account will be canceled as well. Only shareholders
    > of stocks that hold shares through a foreign banks will be honored,
    > let's say you have IBM shares with CSFB in Switzerland, then it's
    > OK, but if you have same shares with US bank, then it will be canceled.
    > The problem is that investments held with banks and brokers are insured
    > up to $500,000 by SIPC, $100,000 in cash the rest is negotiable insurance.
    > Private insurance by a broker is $25,000,000 per equity/trading account
    > but this scheme is already bust since 2007.
    > From today the rate of failures will be faster, today already CIB
    > Marine Bancshares, Inc. a bank holding company cibmarine.com/ went
    > bust with it's portfolio of banks marinebank.com/ cibbank.com/ marinebankfsb.com/
    > and more.
    > Only our customers will escape this biggest market trap in history,
    > it's too late to help you.
    Sep 16, 2009. 08:15 PM | 1 Like Like |Link to Comment