Mayascribe

Report from Europe: Bernanke Frets About the Dollar

Great round up, Mole. Love the Merle!

US dollar decline vs. euro must be hurting exports over there. Glad I'm stocked up on the French wine.

Report from Europe: Good 'Earnings' Versus Dodgy Economic Data

Mole: Another fine piece! Clueless as to why more people don't read your from across the pond summaries.

You may find the below article on Florida housing intriguing.

www.miamiherald.com/bu...

Five Reasons Apple’s iPhone Will Succeed in China

China Mobile (CHU) is a stick in the mud stock, and has not participated in the last two months of rallying.

China Mobile (CHL) is only up about $3.00/share over the last six months.

Baffling as to why both stocks are not zooming upward.

Good article, Jason.

Buy and Hold Is Alive and Well

Finally! Someone here at Seeking Alpha has written an article about how buy and hold is NOT DEAD!

Several times I posted comments to articles written opposing this sheeple-fied mindset that this is a traders market, with such thoughts as to why I in the world would I sell my $1.87 shares of Jaguar Mining (JAG) now $8.93, or Exide (XIDE) @ $1.91 now $6.10, or GE @ $9.57 now $13.48, or ATP Oil and Gas (ATPG) $4.21 now $9.05, or Tech Cominco shares I bought @ $4.61 now $15.83!

And then there's those Bank of America $3.57 shares and Wells Fargo shares I picked up for under $9.00.

The above stock purchases proves to me that Buy and Hold is most definitely not dead. Those who think otherwise are just not seeing what I'm seeing...

...Or, they work for CNBC whose producers love a volatile market for ratings, or their employed trading chatterheads who covet a traders volatile market.

So often, in other stocks, I've listened to these CNBC "experts" and took profits from other stocks I own(ed), only to see the stock rocket up so fast I couldn't figure out when to get back in, as in now I only own 100 shares of A Power Genration Systems that I bought for $3.14. Those shares are up over 250%, and I still can't figure when to get back in.

I repeat, Buy and Hold is NOT DEAD!

Alternative Energy Storage: Cheap Will Beat Cool

Let me improve my last prelude to commenting last week--here in this wonderful forum--from, "This market is nutty," to, "This market is spastic."

Yes, spasitic it is. A perfect indicator to how insane things have become is that Star Bucks is now worth more cap-wise than GM. And Star Bucks I would not invest in with a five-to-one put using Monopoly money.

Another is how Bidu crashed 25% today, on spare, almost spam-like news. How in the hell can that happen? This stock market is 'droiding south on paranoia.

And this Energy Storage Sector, which I think will be right behind commodoties when things turn up, is equally insane.

But here's what bothers me about this sector...just maybe, John Peterson is right about the lithium commodity debate. I read today a Forbes article that still did not undress whether or not there is enough, as I would put it, "easily convertible" lithium in the world to make regular joe-like cars go.

This deep, this close, this many auto manufacturers who are about to infuse bilions into lithium-ion vehicles is ripe for investment. But...

Sidebar: About this insane market: to those regular readers that never comment here, I did once say somewhat proudly that I bought exide (XIDE) at $4.20 a share. Sold that that for a profit. And now what, a week plus later, it's $3.20?

All this makes me wonder why I read so much about the kilo watt hours given forth by any battery...

Worldwide, all stock markets are topsy turvy. This adrenelin-crazed paranoid (experimenting) day trader is hugely bullish on the Energy Storage Sector. There is so much money on the sidelines right now, including most of mine. I recognize there are multiples, and the cool part is that the multiples keep increasing. But just when do I/we commit?

My gut tells me that the DOW will test and test again the bottom. I read all day. The experts say that the bottom has been tested three times and that that means the bottom is in. The whole world is pumping money into the global economy, and yet the Russian stock market can't stay open for two minutes. What I see, or better yet, feel, is to wait.

I just hope my Exide goes above $3.20.