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  • Bernanke Is Not the Problem [View article]
    Endless bubbles and a recession every five to seven years and the dollar's destructive glide path does not provide evidence that the FED has met its mission.

    The FED must be revised and improved.

    No President has the courage or the time to address this issue. It must be done by the people and their representatives if that is even possible.
    Tragically, the FED is a politically corrupt organization and the relationship it holds with the congressional and executive branches is not a healthy or beneficial one for the ordinary American citizen.
    This means that this overly privileged and basically unaccountable agency is entrenched in our system until everything collapses of its own weight.
    Until then, we will do well merely to mitigate its power to render us economically meaningless.
    Dec 6, 2009. 05:23 PM | 8 Likes Like |Link to Comment
  • Good Jobs Report = Bad News for 2010? [View article]
    A useful article that helps keep our perspectives in better balance which is what I think was intended by the author.
    Well done.
    Dec 4, 2009. 10:50 AM | 7 Likes Like |Link to Comment
  • The Return of the Plutocrats [View article]
    We have learned nothing, accomplished less.
    Dec 4, 2009. 09:28 AM | 2 Likes Like |Link to Comment
  • Debt to Income Ratios and the U.S. Savings Rate [View article]
    It's going to take far more than the much needed improvement in the savings rate to uplift the poverty stricken in America.
    Any asset or improved financial status can be blown away with just one bad political decision anywhere along the line , either by one or more persons at the top or by the collective millions at the bottom.
    Since 2000 we have had both.
    Necessary as they are, we can slice and dice the statistics all we want and it won't help.
    However, I liked and appreciated the chart, and it confirmed very well the general idea I had about wealth disparity and debt loads.
    There are many programs and projects that could alleviate the severe suffering of many of our citizens without work.
    One would be the establishment of a national energy policy with the goal of ultimate energy independence.
    Another would be improvements in our health care system through the use of technology and improved services..
    Another would be improving our infrastructure across the board.
    Steps to reduce tax incentives for exporting jobs would also help.
    Or, we can merely despair, argue , slice and dice the statistics, and keep deteriorating.
    Dec 3, 2009. 10:13 PM | 1 Like Like |Link to Comment
  • Same Index Trades Entered as Wednesday [View article]
    Thanks for the reminder about the ISM manufacturing versus ISM services ratio.
    It reminds me of two bums walking down a lonely road swapping the same quarter back and forth :
    "hey, a quarter for that cigar butt that you found, "
    "sure," then ,
    "ok , you can have it back for that old hat you found."
    We have learned so little.
    Dec 3, 2009. 09:28 PM | Likes Like |Link to Comment
  • Options Trader: Which Way Wednesday? [View article]
    Well balanced review as always.
    Would appreciate more "short" advice and selections with as much justification as possible. This is not to say that I am oblivious to your current strategy, but would like to see it beefed up a little as time goes on if this is possible on a reasonable basis.
    I have properly avoided taking any aggressive insurance positions so far except some selective selling into the rally, but I think some extra insurance is prudent and would appreciate any and all further suggestions.
    Please continue your fine work. Thanks again.
    Dec 2, 2009. 10:27 AM | 1 Like Like |Link to Comment
  • What's in Store for December? [View article]
    Always like this kind of historical data.
    That said, a separate chart displayed just below the one presented (100 yrs) that showed each month's performance since 1950 would have made it even better.
    And there are many more interesting ways to display the data also, such as showing each months average performance for each year of a Presidential Election Cycle, etc. would also be relevant and useful, at least to me.
    Nov 30, 2009. 06:53 PM | 1 Like Like |Link to Comment
  • Market Outlooks by Sector: Part 2 [View article]
    The charts plus the commentary provide a powerful combination, interesting too, Thanks.

    The question relative the OIH Oil Service Holders is an interesting one and no doubt speculation plays an important part of the scenario relative to the crude element.
    However, so does the intention of the Saudi Oil Minister who is determined to keep oil in the 75 to 80 dollar range at least for the near future, and until they decide on a new target price.
    So far they have done a masterful job.
    As long as the speculators know that they have this powerful ally, crude oil will be buoyed up unless we have another hammer blow to the economy, or the speculators get tired of storing it ,dollar gains strength, etc..
    However , it does look like the service providers could suffer in spite of this and could possibly provide a decent short for those with the nerves and the time for due diligence/vigilance. Thanks for pointing this out.
    Liked your article and comments a lot. Thanks again.
    Nov 30, 2009. 04:36 PM | 1 Like Like |Link to Comment
  • Economic Recovery? Commodity Charts Don't Think So [View article]
    The charts are a real eye opener and I agree with your cautionary notes completely.
    Thanks for a well presented and info rich article.
    Nov 30, 2009. 02:06 PM | 13 Likes Like |Link to Comment
  • Weekly ETF Rewind: Volatility Reintroduced [View article]
    Would be helpful to me if you would rewrite your Risk/Reward indicator glossary explanation to include an example along with some different and expanded verbiage. Thanks
    Nov 30, 2009. 01:56 PM | Likes Like |Link to Comment
  • WealthTrack: Robert Rodriguez Is Even More Worried About Future [View article]
    I have never heard of or listened to Robert Rodriguez before , but it was like a conversation with an old wise friend.
    His term "Repression" for the combination of recession/depression is most apt.
    Also a "caterpillar" economy (up and down and sloooow) is also worth remembering .
    My question is , Will it be a "stinging" caterpillar as well?
    I agree with his long term view, that (my phrase):
    "what's mine is mine and what's yours is negotiable" modus operandi in America has run its course, and clearly a new strategy is called for but will probably not be realized, at least not in time to do the most good.
    Bottom line : continue to invest cautiously, but moreso, and on that we also agree.
    Thanks for another well selected video.
    Nov 30, 2009. 12:32 PM | Likes Like |Link to Comment
  • The Must-Know Truth About Stocks and the USD [View instapost]
    A different twist, but with a little soak time it made sense. Thanks
    Nov 26, 2009. 09:51 PM | Likes Like |Link to Comment
  • Options Trader Tuesday Outlook: Big Data Day [View article]
    Brilliant covering of the arcane, the profane , but never the mundane!
    Easy to understand the reason for your huge following, Phil, and why you have become a must read on my daily agenda.
    Please accept my complete appreciation.
    Nov 24, 2009. 11:45 AM | 7 Likes Like |Link to Comment
  • 15 Indicators We're Watching Now [View article]
    Fine selection of indicator charts. Thanks.

    Now if we only had a chart showing us the high frequency trades pump and dump and dark pool effects on the market it might tell us more of what the big guys are up to.
    This has got to be a huge factor in day to day transactions and a effective license to steal, and why the small investor has lost any faith at all in the honesty of the stock markets, among many other things.
    Nonetheless, a good family of charts that tells a lot about the current internal strength of the NYSE.
    Nov 24, 2009. 11:16 AM | 2 Likes Like |Link to Comment
  • Testing the Performance of Price-to-Book Value [View article]
    Yes, low price to book could outperform the market, but so could other ratios like:
    low price to free cash flow , high return on invested capital, low enterprise to ebitda ratios , etc.
    How does low price to book compare to the larger family of ratios that it is a part of?
    Without this knowledge , you could be winning some but still playing in the second division.
    Nov 23, 2009. 09:25 PM | 1 Like Like |Link to Comment