Friday, February 8th, 2013 - Weekly Sentiment Report [View instapost]
Thanks again, Bill, for a fine report. I have taken profits in all but my core investments, and am looking to hedge those. Taking profits was easy. Hedging the core is more difficult, but unfortunately , is necessary.
High School Kid Discovers Early Stage Cancer Detection Test [View instapost]
Incredibly fine and life saving work this youngster has achieved for the entire world. There are a lot of red faced professors and medical researchers, at least 199 of them, in their ivory towers, and paneled offices. Thousands more join them here and all across the world. This child, Jack Andraka, and Jonas Salk, Fleming, and a few others prove that character, compassion, intelligence,focus, and determination, achieves far more than that induced by the pursuit of money. Since the mob controls everything in America, and especially too many of our politicians and regulators, breakthroughs of this dimension are suppressed and discouraged rather than encouraged all for reasons of greed and control of entire industries. I did NOT say that all institutions, corporations and manufacturers are mobsters. I say that they are "controlled" by the mob directly or indirectly. Took me a long time to understand his pronunciation of the protein "mesothelin", but finally got it after several replays. This child is what makes me proud to be an American, in contrast to the mobsters that have taken over everything else, one way or the other. Bravo and eternal cheers to Jack Andraka and all outstanding achievers like him. May they bloom and prosper and bring our nation to the glorious state that is its promise and destiny. Thanks to you, John, and all who had a hand in making this info available to me and all the other readers.
What Do The Independent Inflation Gauges Say? [View article]
mike904: Agreed. It's a game of reducing the quality, reliability, value and utility, and the amount for a higher price $$$$$$$.
Pay off enough politicians and the sky is the limit, no matter what the item.
Competitive areas like PC's and TV's are an occasional exception, but these now more durable items are not in the budget every year.
Besides, prices are already too high, what I call "CRESTFLATION", whereby a decrease in prices will still put too many items out of reach of middle income America and the less fortunate. That is what happened to Housing, and cars to a lesser but still important degree.
Market Outlook - Breadth Is Fine, But Volume Depth Is Lacking [View article]
Price, Nice compendium of data and well presented.
I never trust a TRIN number unless I confirm it's validity by looking at it's individual components, and a whole host of other data to boot. Then, I can say, yeah, it ( and it's MA's) means something, or not. While I always like to know what it is and why, I don't put much weight on it alone because it can be misleading at critical times, and thankfully we are not forced to do so, with so many other and better aides available. Every time the market moves up, it is going to run out of oxygen, pass out and fall back down. There is nothing to suggest a lasting breakout out from here as the political climate is not conducive enough (sellable flimflammery) for it right now , and it probably won't be any time soon. Shorting opportunities may arise before buying opportunities if the market takes a big gulp of air and try's to run up the hill. Either way, I have taken profits for the quarter, and am just an innocent bystander until things change enough one way or the other.
I don't care how busy, important , brilliant, gifted , irreplaceable, magnanimous, or life sustaining one might be, if they cannot write a legible signature , then they are OUT!
Beware: A Large Bull Rides A Tiny Elephant [View article]
Add the Bernanke Put to the Boehner Call, and you have the reason that the market rallied so strongly. The insiders took their cues from the Boehner smoke signals and energetic well directed semaphore and went big time Long, options included. That's why the big wig CEO's on TV are pumping the party line so strongly. Boehner would "appear" (who knows, I don't) to have a great deal of money in the markets, because all his politicking would "seem" (not actually of course, and anyway, who could know?) to be coordinated with a hedge fund that knows how to read his smoke signals and front run the market accordingly, both directions (but I'm sure they wouldn't do that in actual practice as they are much too honest and admirable for that ), and anyway all of it is completely blind and therefore legal of course - nothing would or could be unethical there, it's just America folks, and they've got it all covered in the fine print - guaranteed. Meanwhile, there are tens of millions of people in a true depression, and living in abject poverty, while we debate about whether the economy is up or down a half per cent.
Monday, January 7th, 2012 - Short Term Update [View instapost]
Bill, Thanks and my congrats also. Beware of the TRIN without checking the A/D's and volumes separately because otherwise it can be very misleading. I have been thinking about creating some kind of an improved TRIN, such as one tagged valid, invalid, significant, ignore ,etc. , but haven't yet devoted enough time to it. In other words , a series of valid and significant, (high and/or low values, doesn't matter which) TRIN numbers with an appropriate MA could be very useful, which the current standard TRIN too often is not. Have you ever thought about this angle on TRIN?
A good approach worth considering with some adjustments for the particular individual investor and his own outlook, needs and techniques, of course. Many Thanks! And as is said, by some: "I would rather be lucky than smart" , which seldom works in investing, but it worked for you on Nov. 15, when you proved it is better to be Both Lucky AND Smart!
The bungee cord can only be stretched so far before it snaps. I think it will snap in 2013-2014, esp. if food and energy keep climbing. A $USD rise will help the poor buy cheaper imports , but it will make the American investor very unhappy. This is not "quick-sand" economics , it is "TAR PIT" economics, where the death is slower and more painful for the unfortunate that get stuck in it, and your charts indicate that is many miliions of people. Americans are told to despise long range planning, but the steps required to have avoided this tragedy would have been necessary to have started in 1970. Instead we got Reaganomics. Maybe they should start doing some "good" things in private, (like intelligent long range planning to the best of the ability of the best minds) and not just the evil ones plotting their own self serving deeds that are the tradition. Alas, just not going to happen. It appears to be devolving to Darwinian survival at its worst.
Hedging: The Relationship Between 'The Market' And A Portfolio [View article]
Good Timing on Nov. 15, Mr. Armistead! The Boehner "Call" kicked in the next day, - he and his cronies and handlers had made about all they could shorting the slide that they themselves created , and they had the Technical "Oversold" point timed perfectly, so now to provide some "happy talk" and make it again on the upside. They might as well profit from all this political jerking around while they are at it - and why not?- no law against it (that will be enforced anyway). Congratulations to all!
Friday, February 8th, 2013 - Weekly Sentiment Report [View instapost]
I have taken profits in all but my core investments, and am looking to hedge those.
Taking profits was easy.
Hedging the core is more difficult, but unfortunately , is necessary.
High School Kid Discovers Early Stage Cancer Detection Test [View instapost]
There are a lot of red faced professors and medical researchers, at least 199 of them, in their ivory towers, and paneled offices. Thousands more join them here and all across the world.
This child, Jack Andraka, and Jonas Salk, Fleming, and a few others prove that character, compassion, intelligence,focus, and determination, achieves far more than that induced by the pursuit of money.
Since the mob controls everything in America, and especially too many of our politicians and regulators, breakthroughs of this dimension are suppressed and discouraged rather than encouraged all for reasons of greed and control of entire industries.
I did NOT say that all institutions, corporations and manufacturers are mobsters. I say that they are "controlled" by the mob directly or indirectly.
Took me a long time to understand his pronunciation of the protein "mesothelin", but finally got it after several replays.
This child is what makes me proud to be an American, in contrast to the mobsters that have taken over everything else, one way or the other.
Bravo and eternal cheers to Jack Andraka and all outstanding achievers like him.
May they bloom and prosper and bring our nation to the glorious state that is its promise and destiny.
Thanks to you, John, and all who had a hand in making this info available to me and all the other readers.
What Do The Independent Inflation Gauges Say? [View article]
Agreed.
It's a game of reducing the quality, reliability, value and utility, and the amount for a higher price $$$$$$$.
Pay off enough politicians and the sky is the limit, no matter what the item.
Competitive areas like PC's and TV's are an occasional exception, but these now more durable items are not in the budget every year.
Besides, prices are already too high, what I call "CRESTFLATION", whereby a decrease in prices will still put too many items out of reach of middle income America and the less fortunate.
That is what happened to Housing, and cars to a lesser but still important degree.
Markets Still In Slow Motion [View article]
Market Outlook - Breadth Is Fine, But Volume Depth Is Lacking [View article]
Nice compendium of data and well presented.
I never trust a TRIN number unless I confirm it's validity by looking at it's individual components, and a whole host of other data to boot. Then, I can say, yeah, it ( and it's MA's) means something, or not.
While I always like to know what it is and why, I don't put much weight on it alone because it can be misleading at critical times, and thankfully we are not forced to do so, with so many other and better aides available.
Every time the market moves up, it is going to run out of oxygen, pass out and fall back down. There is nothing to suggest a lasting breakout out from here as the political climate is not conducive enough (sellable flimflammery) for it right now , and it probably won't be any time soon.
Shorting opportunities may arise before buying opportunities if the market takes a big gulp of air and try's to run up the hill.
Either way, I have taken profits for the quarter, and am just an innocent bystander until things change enough one way or the other.
Stocks, Options, Taxes: Part V - Options [View article]
The Market Melt-Up Resumes [View article]
So what's in a readable signature? A Lot!
Beware: A Large Bull Rides A Tiny Elephant [View article]
The insiders took their cues from the Boehner smoke signals and energetic well directed semaphore and went big time Long, options included.
That's why the big wig CEO's on TV are pumping the party line so strongly.
Boehner would "appear" (who knows, I don't) to have a great deal of money in the markets, because all his politicking would "seem" (not actually of course, and anyway, who could know?) to be coordinated with a hedge fund that knows how to read his smoke signals and front run the market accordingly, both directions (but I'm sure they wouldn't do that in actual practice as they are much too honest and admirable for that ), and anyway all of it is completely blind and therefore legal of course - nothing would or could be unethical there, it's just America folks, and they've got it all covered in the fine print - guaranteed.
Meanwhile, there are tens of millions of people in a true depression, and living in abject poverty, while we debate about whether the economy is up or down a half per cent.
Monday, January 7th, 2012 - Short Term Update [View instapost]
Thanks and my congrats also.
Beware of the TRIN without checking the A/D's and volumes separately because otherwise it can be very misleading.
I have been thinking about creating some kind of an improved TRIN, such as one tagged valid, invalid, significant, ignore ,etc. , but haven't yet devoted enough time to it.
In other words , a series of valid and significant, (high and/or low values, doesn't matter which) TRIN numbers with an appropriate MA could be very useful, which the current standard TRIN too often is not.
Have you ever thought about this angle on TRIN?
Friday, January 4th, 2013 - Weekly Sentiment Report [View instapost]
Thanks for all your diligent and useful work and info.
Starting To Build A Hedge [View instapost]
And as is said, by some: "I would rather be lucky than smart" , which seldom works in investing, but it worked for you on Nov. 15, when you proved it is better to be Both Lucky AND Smart!
Trillion Dollar Coin To Wipe Out U.S. Debt [View article]
Congrats on your several good global/int'l calls.
Friday: Dow Up 500 Points To Start The Year - Should We Quit While We're Ahead? [View article]
Absent Earnings Growth In 2012 [View article]
I think it will snap in 2013-2014, esp. if food and energy keep climbing.
A $USD rise will help the poor buy cheaper imports , but it will make the American investor very unhappy.
This is not "quick-sand" economics , it is "TAR PIT" economics, where the death is slower and more painful for the unfortunate that get stuck in it, and your charts indicate that is many miliions of people.
Americans are told to despise long range planning, but the steps required to have avoided this tragedy would have been necessary to have started in 1970.
Instead we got Reaganomics.
Maybe they should start doing some "good" things in private, (like intelligent long range planning to the best of the ability of the best minds) and not just the evil ones plotting their own self serving deeds that are the tradition.
Alas, just not going to happen. It appears to be devolving to Darwinian survival at its worst.
Hedging: The Relationship Between 'The Market' And A Portfolio [View article]
The Boehner "Call" kicked in the next day, - he and his cronies and handlers had made about all they could shorting the slide that they themselves created , and they had the Technical "Oversold" point timed perfectly, so now to provide some "happy talk" and make it again on the upside.
They might as well profit from all this political jerking around while they are at it - and why not?- no law against it (that will be enforced anyway).
Congratulations to all!