capital pains's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/237833/comments http://seekingalpha.com/article/175337-jacobs-engineering-cementing-a-leadership-spot-in-oil-sands?source=feed#comment-783032 783032 Mon, 30 Nov 2009 14:15:46 -0500 http://seekingalpha.com/article/175490-5-good-dividend-plays?source=feed#comment-779368 779368 Fri, 27 Nov 2009 08:22:51 -0500 http://seekingalpha.com/article/171880-wells-fargo-s-mortgage-conversion-scheme-delaying-the-inevitable?source=feed#comment-749263 749263 With our country facing a possible 10 million foreclosures, any sort of band aid is desperately needed. The banks making out as well in terms of 'shadow accounting' ..Well, if the banks weren't going to 'make out' do you think this alternatuve would exist !
Any stemming of the geometrically increasing number of foreclosures, is well worth the try.]]> Fri, 06 Nov 2009 20:37:11 -0500 With our country facing a possible 10 million foreclosures, any sort of band aid is desperately needed. The banks making out as well in terms of 'shadow accounting' ..Well, if the banks weren't going to 'make out' do you think this alternatuve would exist !
Any stemming of the geometrically increasing number of foreclosures, is well worth the try.]]> http://seekingalpha.com/article/168542-institutions-doubling-down-on-mgm?source=feed#comment-737405 737405 First of all - there is no mention of Adelson in the post. Second: It is out of resepct for KK that I say, why buy when KK is unloading.? Although, losing $7 billion on Ford and $15 billion on MGM hardly qualifies KK for MENSA membership...
third: Only a moron would spell loser the way stupid johnson spells it ..Twice no less !
4th - Christian should be capitalized you cretin
5th - Ah yes,we really believe you are wealthy ..That's why you spend time posting on the internet..You should spend some time learning to spell and write ..I would imagine your 6th grade education might be somewhat limiting for you .
Pointless replying to a moron however -


On Oct 24 02:08 PM Gregjohnson999 wrote:

> Capital Pains, what a looser you are. I have read some of your comments
> and i get the feeling you have led a bitter life. Change your attitude
> in life and your miserable life may turn around. Who are you to make
> comments on Kirkorian or adelson ? you dont measure up to their dump.
> Are you a right wing christian nut ? thats what i think you are.
> Nothing you say will make me feel bad looser. You wish you have my
> $ 4 million dollar home and my collection of Ferraris. People like
> you will always be loosers. I want you to go stand in front of a
> mirror and just scream at your sorry ass self that " I Capital pains
> am a failure in life and a big looser".LOOSER!!!! LOL!!!]]> Fri, 30 Oct 2009 15:06:25 -0400 First of all - there is no mention of Adelson in the post. Second: It is out of resepct for KK that I say, why buy when KK is unloading.? Although, losing $7 billion on Ford and $15 billion on MGM hardly qualifies KK for MENSA membership...
third: Only a moron would spell loser the way stupid johnson spells it ..Twice no less !
4th - Christian should be capitalized you cretin
5th - Ah yes,we really believe you are wealthy ..That's why you spend time posting on the internet..You should spend some time learning to spell and write ..I would imagine your 6th grade education might be somewhat limiting for you .
Pointless replying to a moron however -


On Oct 24 02:08 PM Gregjohnson999 wrote:

> Capital Pains, what a looser you are. I have read some of your comments
> and i get the feeling you have led a bitter life. Change your attitude
> in life and your miserable life may turn around. Who are you to make
> comments on Kirkorian or adelson ? you dont measure up to their dump.
> Are you a right wing christian nut ? thats what i think you are.
> Nothing you say will make me feel bad looser. You wish you have my
> $ 4 million dollar home and my collection of Ferraris. People like
> you will always be loosers. I want you to go stand in front of a
> mirror and just scream at your sorry ass self that " I Capital pains
> am a failure in life and a big looser".LOOSER!!!! LOL!!!]]> http://seekingalpha.com/article/168542-institutions-doubling-down-on-mgm?source=feed#comment-728391 728391 The little guy has long since departed the manipulated, corrupt market. Hence, who cares what the institutions do or don't do ? The last man standing will always be Goldman Sachs, the evil empire incarnate. That's all that matters to our inept government.
If the atrociously managed MGM continues to lose money at a whirlwind pace, and they will, the institutions should be pouring more paper dollars in all the way down. So what ?]]> Sat, 24 Oct 2009 12:28:27 -0400 The little guy has long since departed the manipulated, corrupt market. Hence, who cares what the institutions do or don't do ? The last man standing will always be Goldman Sachs, the evil empire incarnate. That's all that matters to our inept government.
If the atrociously managed MGM continues to lose money at a whirlwind pace, and they will, the institutions should be pouring more paper dollars in all the way down. So what ?]]> http://seekingalpha.com/article/167834-retail-sector-rebounds-part-ii-all-that-glitters?source=feed#comment-724863 724863 If you're going to supposedly contribute, kindly get your facts straight. You just might want to look at a HWD 6 months chart before you expound. Do you think ?]]> Thu, 22 Oct 2009 08:04:00 -0400 If you're going to supposedly contribute, kindly get your facts straight. You just might want to look at a HWD 6 months chart before you expound. Do you think ?]]> http://seekingalpha.com/article/168061-wells-fargo-earnings-first-leak-in-the-dam?source=feed#comment-724853 724853 Since fundamentals have vanished from the investing equation, and the absence of mark-to-market accounting, along with the fraudulently misleading top line and bottom line results, the overriding market catalyst is only liquidity. A sea of money looking for a home. Simply put, we are dealing with a 'house of cards' where the ridiculous stock market is concerned. What is salient is the fact that nothing has changed since DOW 6500. The relevant mantra is 'the trend is your friend'. If you are overthinking the absurdity of the market, you have missed the 40% parabolic move up. The market is gambling. As is the case with casino gambling, when you are in a good cycle, press your bets. Until chickens come home to roost, which they ultimately must,enjoy the ride. It won't last much longer !]]> Thu, 22 Oct 2009 07:53:25 -0400 Since fundamentals have vanished from the investing equation, and the absence of mark-to-market accounting, along with the fraudulently misleading top line and bottom line results, the overriding market catalyst is only liquidity. A sea of money looking for a home. Simply put, we are dealing with a 'house of cards' where the ridiculous stock market is concerned. What is salient is the fact that nothing has changed since DOW 6500. The relevant mantra is 'the trend is your friend'. If you are overthinking the absurdity of the market, you have missed the 40% parabolic move up. The market is gambling. As is the case with casino gambling, when you are in a good cycle, press your bets. Until chickens come home to roost, which they ultimately must,enjoy the ride. It won't last much longer !]]> http://seekingalpha.com/article/167165-verizon-s-droid-is-the-real-deal?source=feed#comment-720342 720342 Mon, 19 Oct 2009 09:25:59 -0400 http://seekingalpha.com/article/165326-the-10-best-u-s-dividend-stocks?source=feed#comment-708400 708400 Thu, 08 Oct 2009 08:54:11 -0400 http://seekingalpha.com/article/160643-rebuilding-your-portfolio-with-engineering-stocks?source=feed#comment-690979 690979 The buy on this stock was @ 14.75 not $21]]> Fri, 25 Sep 2009 12:03:56 -0400 The buy on this stock was @ 14.75 not $21]]> http://seekingalpha.com/article/159958-las-vegas-sands-too-big-to-fail?source=feed#comment-662049 662049 Adelson continues to pull rabbits out of his hat and keeps gamblers/investors pouring into the stock.LVS will not, as the author hopes, pull back into the single digits.Covenants will keep getting pushed back and/or aside as the banks continue to show mercy on these losers. If only these same lenders showed a modicum of interest in helping underwater homeowners. LVS marches onward and upward. MGM is a basket case. But, nothing seems to matter..In spite of owning the best properties in Vegas, MGM's inept management can find more ways to lose money than Jim Cramer can. Hooking up with Pansy Ho (aptly named) was a major miscalculation. Building a property in Detroit of all places, was ludicrous on its face. When the gargantuan boondoggle City Center opens in December, the property will simply cannabalize all the other strip properties. Nevertheless, the stock trades north of $8 instead of .80 cents ..
Kudos to all those gamblers who had the cajones to buy LVS and ride the dog up eightfold.]]> Fri, 04 Sep 2009 12:55:21 -0400 Adelson continues to pull rabbits out of his hat and keeps gamblers/investors pouring into the stock.LVS will not, as the author hopes, pull back into the single digits.Covenants will keep getting pushed back and/or aside as the banks continue to show mercy on these losers. If only these same lenders showed a modicum of interest in helping underwater homeowners. LVS marches onward and upward. MGM is a basket case. But, nothing seems to matter..In spite of owning the best properties in Vegas, MGM's inept management can find more ways to lose money than Jim Cramer can. Hooking up with Pansy Ho (aptly named) was a major miscalculation. Building a property in Detroit of all places, was ludicrous on its face. When the gargantuan boondoggle City Center opens in December, the property will simply cannabalize all the other strip properties. Nevertheless, the stock trades north of $8 instead of .80 cents ..
Kudos to all those gamblers who had the cajones to buy LVS and ride the dog up eightfold.]]> http://seekingalpha.com/article/158915-s-p-500-stocks-with-the-highest-short-interest?source=feed#comment-653908 653908 MRK and PFE make the list ? More proof of the idocy dominating the casino, excuse me, I mean stock market ! Totally absurd.]]> Sun, 30 Aug 2009 19:28:31 -0400 MRK and PFE make the list ? More proof of the idocy dominating the casino, excuse me, I mean stock market ! Totally absurd.]]> http://seekingalpha.com/article/156269-coming-soon-banking-crisis-of-historic-proportions?source=feed#comment-631705 631705 Ridiculous to imagine a world without JPM, BAC and even the pathetic C. As long as the taxpayer remains the ultimate backstop for the banks, we can expect a continuation of the "throw money at it" policies of our central government and the manipulators who are making obscene fortunes.
When BAC was trading at less than $2, and doomsayers were predicting breadlines, in retrospect BAC, JPM, and god-awful C, were the trades of a lifetime. The commercial real estate market which continues to collapse has meant nothing but losses for the inverse ETF, SRS. Counterintuitive for sure, but again, reality bites.
Readers of SA are traders. As long as the "trend is your friend" and you keep tight stops in, all the written analyses in the world won't make you a dime. That's how we keep score.]]> Sun, 16 Aug 2009 10:32:47 -0400 Ridiculous to imagine a world without JPM, BAC and even the pathetic C. As long as the taxpayer remains the ultimate backstop for the banks, we can expect a continuation of the "throw money at it" policies of our central government and the manipulators who are making obscene fortunes.
When BAC was trading at less than $2, and doomsayers were predicting breadlines, in retrospect BAC, JPM, and god-awful C, were the trades of a lifetime. The commercial real estate market which continues to collapse has meant nothing but losses for the inverse ETF, SRS. Counterintuitive for sure, but again, reality bites.
Readers of SA are traders. As long as the "trend is your friend" and you keep tight stops in, all the written analyses in the world won't make you a dime. That's how we keep score.]]> http://seekingalpha.com/article/154270-citigroup-priced-to-succeed?source=feed#comment-619936 619936 Fri, 07 Aug 2009 12:39:52 -0400 http://seekingalpha.com/article/154024-why-another-stock-market-collapse-could-be-imminent?source=feed#comment-618334 618334 purveyors of gross malfeassance. The little guy is out of the market for good. This game of musical chairs is exclusively for the titans. You can be sure that when a serious crash occurs, Goldman Sachs will be short every trading vehicle imaginable. It will be Goldman, Obama, the big banks and hedge funds that destroys the system. Should that occur, guess who picks up the tab ?
Message from Goldman Sachs to the American taxpayer: Drop Dead !]]> Thu, 06 Aug 2009 13:41:59 -0400 purveyors of gross malfeassance. The little guy is out of the market for good. This game of musical chairs is exclusively for the titans. You can be sure that when a serious crash occurs, Goldman Sachs will be short every trading vehicle imaginable. It will be Goldman, Obama, the big banks and hedge funds that destroys the system. Should that occur, guess who picks up the tab ?
Message from Goldman Sachs to the American taxpayer: Drop Dead !]]> http://seekingalpha.com/article/153125-fcc-s-sternly-worded-letter-to-apple?source=feed#comment-611762 611762 Sun, 02 Aug 2009 13:56:29 -0400 http://seekingalpha.com/article/149877-commercial-mortgages-and-mortgage-resets-to-trigger-next-u-s-downleg?source=feed#comment-599854 599854 Brings us back to the old adage: "The market can stay irrational longer than you can stay solvent" .]]> Thu, 23 Jul 2009 15:03:00 -0400 Brings us back to the old adage: "The market can stay irrational longer than you can stay solvent" .]]> http://seekingalpha.com/article/150553-earnings-preview-bristol-myers-squibb?source=feed#comment-598575 598575 stock to do it..What a yawn ! If BMY ever surpassed $23, it would be an explosive move !
Practically parabolic ! When is some mega pharm company going to buy this company ?
Strictly for the 6.20% dividend.. ]]> Wed, 22 Jul 2009 17:42:15 -0400 stock to do it..What a yawn ! If BMY ever surpassed $23, it would be an explosive move !
Practically parabolic ! When is some mega pharm company going to buy this company ?
Strictly for the 6.20% dividend.. ]]> http://seekingalpha.com/article/148733-gold-stocks-set-for-big-advance?source=feed#comment-589115 589115 I recall the 1970's when the worst President in history; Jimmy Carter ushered in 18% inflation.
The Aden sisters were the most famous gold bugs of their time, calling for $2,000 gold, Approximately 35 years later, gold is $940...How exiting and exacting ! Gold coin scammers were flourishing in the 70's as well.
Historically whenever gold runs up, manipulators thrash it back down. The US government is the most prominent manipulator of all. After all, we can't print gold can we ? Obviously there is a reason our government is not on the Gold Standard.
Russia has no use for high priced gold either.
Whether in theory there is definite merit in high gold prices. In reality, that just won't happen.
Anytime our Treasury whispers in the ear of their pals at Goldman,Goldman will make fortunes bashing gold prices down. There are a hundred better ways to lose money - gold is a phantom
investment.]]> Wed, 15 Jul 2009 11:30:15 -0400 I recall the 1970's when the worst President in history; Jimmy Carter ushered in 18% inflation.
The Aden sisters were the most famous gold bugs of their time, calling for $2,000 gold, Approximately 35 years later, gold is $940...How exiting and exacting ! Gold coin scammers were flourishing in the 70's as well.
Historically whenever gold runs up, manipulators thrash it back down. The US government is the most prominent manipulator of all. After all, we can't print gold can we ? Obviously there is a reason our government is not on the Gold Standard.
Russia has no use for high priced gold either.
Whether in theory there is definite merit in high gold prices. In reality, that just won't happen.
Anytime our Treasury whispers in the ear of their pals at Goldman,Goldman will make fortunes bashing gold prices down. There are a hundred better ways to lose money - gold is a phantom
investment.]]> http://seekingalpha.com/article/148162-ultrashort-etfs-now-it-s-less-embarrassing-to-admit-owning-them?source=feed#comment-586414 586414 We all know that CRE is a major diaster. The latest salt in the wounds for mall owners is the huge jump in tenants enforcing their cotenancy clauses forcing mall owners to renegotiate down.
Anyone who has visited any malls in the past 6 months can plainly see the consuming emptiness
Cotenancy clauses will also permit tenants to renegotiate not only if an anchor or major tenant leaves, but if mall traffic falls below the level specified in the cotenancy clause.
Starbucks for example has been on a rampage in every mall they occupy. Looking to enforce every cotenancy clause they can. They have reaped millions of dollars for the company simply with this device.
All this being said, will the market stay irrational longer than we can stay solvent ? SRS would seem to be seriously underpriced. Yet, it's never that easy, is it ?]]> Mon, 13 Jul 2009 16:46:52 -0400 We all know that CRE is a major diaster. The latest salt in the wounds for mall owners is the huge jump in tenants enforcing their cotenancy clauses forcing mall owners to renegotiate down.
Anyone who has visited any malls in the past 6 months can plainly see the consuming emptiness
Cotenancy clauses will also permit tenants to renegotiate not only if an anchor or major tenant leaves, but if mall traffic falls below the level specified in the cotenancy clause.
Starbucks for example has been on a rampage in every mall they occupy. Looking to enforce every cotenancy clause they can. They have reaped millions of dollars for the company simply with this device.
All this being said, will the market stay irrational longer than we can stay solvent ? SRS would seem to be seriously underpriced. Yet, it's never that easy, is it ?]]> http://seekingalpha.com/article/147992-shorting-las-vegas?source=feed#comment-582034 582034 As for the misleading "green shoots" figures for May: If one looks deeper into the May drop (less worse, as the mantra du jour continuously postulates), the handle was only less worse for one simple reason; May had some high profile events. Boxing and UFC championship fights. These events brought in some serious baccarat players. The casinos did so well on the baccarat tables, these particular takes skewed the entire picture. If not for baccarat winnings, the casinos would have shown double-digit declines for May as well. Slots, the mother's milk of casino gaming, showed a double digit decline. Table games, other than baccarat, showed severe drops as well.
Room rates are pathetically low. Although casinos are busy, they are filled with tourists who are not gamblers, do not spend money on shows, do not shop the high end stores, and look for $10 buffets. Low enders who do nothing to enhance revenues. These tourists add nothing to casino revenues. They're just bodies.
Wynn still is the healthiest, balance sheet wise. LVS is going to sell stock in Asia which contains only its Macau assets. The stock sale will enable LVS to complete its Singapore venture. The market loves that idea as reflected in the 10% rise in the price of LVS stock yesterday. MGM is a mess. Although financing issues appear to be back on track, City Center when completed will simply cannabalize their other strip properties. City Center will put a big hurt into all strip casinos.
And, with its 3,000 plus condos for sale in a dead real estate market, it doesn't seem to make any sense. As for their Macau venture, Pansy Ho turned out to be a zero for MGM. She brought no whales, she simply collects a fat paycheck. Pansy Ho turned out to be a leech actually. Macau's margins are razor thin for American casinos.And, one of Pansy's numerous brothers just opened "The City of Lights" casino which is blowing away its competition. Stanley Ho owns Macau, and through his siblings, Ho is basically sitting back laughing at the "stupid Americans" who thought they could make a serious play on his turf. Guess who wins that battle ?
All this is not to say that gaming won't be a fantastic investment in years to come. There were fortunes made already from the astronomical climb from lows to highs just in the past eight months alone. The gaming sector is most especially a risk/reward consideration for investors. What we can emphatically tell you is that Las Vegas is still on a respirator, with no signs of "green shoots" anywhere. Proceed at your own risk !]]> Fri, 10 Jul 2009 09:37:36 -0400 As for the misleading "green shoots" figures for May: If one looks deeper into the May drop (less worse, as the mantra du jour continuously postulates), the handle was only less worse for one simple reason; May had some high profile events. Boxing and UFC championship fights. These events brought in some serious baccarat players. The casinos did so well on the baccarat tables, these particular takes skewed the entire picture. If not for baccarat winnings, the casinos would have shown double-digit declines for May as well. Slots, the mother's milk of casino gaming, showed a double digit decline. Table games, other than baccarat, showed severe drops as well.
Room rates are pathetically low. Although casinos are busy, they are filled with tourists who are not gamblers, do not spend money on shows, do not shop the high end stores, and look for $10 buffets. Low enders who do nothing to enhance revenues. These tourists add nothing to casino revenues. They're just bodies.
Wynn still is the healthiest, balance sheet wise. LVS is going to sell stock in Asia which contains only its Macau assets. The stock sale will enable LVS to complete its Singapore venture. The market loves that idea as reflected in the 10% rise in the price of LVS stock yesterday. MGM is a mess. Although financing issues appear to be back on track, City Center when completed will simply cannabalize their other strip properties. City Center will put a big hurt into all strip casinos.
And, with its 3,000 plus condos for sale in a dead real estate market, it doesn't seem to make any sense. As for their Macau venture, Pansy Ho turned out to be a zero for MGM. She brought no whales, she simply collects a fat paycheck. Pansy Ho turned out to be a leech actually. Macau's margins are razor thin for American casinos.And, one of Pansy's numerous brothers just opened "The City of Lights" casino which is blowing away its competition. Stanley Ho owns Macau, and through his siblings, Ho is basically sitting back laughing at the "stupid Americans" who thought they could make a serious play on his turf. Guess who wins that battle ?
All this is not to say that gaming won't be a fantastic investment in years to come. There were fortunes made already from the astronomical climb from lows to highs just in the past eight months alone. The gaming sector is most especially a risk/reward consideration for investors. What we can emphatically tell you is that Las Vegas is still on a respirator, with no signs of "green shoots" anywhere. Proceed at your own risk !]]> http://seekingalpha.com/article/146795-industrial-orders-dry-up-in-europe?source=feed#comment-575974 575974 Stock should be $25..Bought and held at that price.
CAT's reports keep getting worse and worse..Not even less worse as this ridiculous market loves to allude to. Can't imagine CAT being able to keep the dividend at current levels either.CAT is facing a real ugly world out there !]]> Mon, 06 Jul 2009 14:23:39 -0400 Stock should be $25..Bought and held at that price.
CAT's reports keep getting worse and worse..Not even less worse as this ridiculous market loves to allude to. Can't imagine CAT being able to keep the dividend at current levels either.CAT is facing a real ugly world out there !]]> http://seekingalpha.com/article/144745-green-shoots-starting-to-wither-soon-to-die?source=feed#comment-558657 558657 Those of us out here in the real world fully recognize the fact that there are no green shoots to be seen anywhere. In spite of the phoney "less worse" euphoria that drives every ephemeral market move upward the facts are plain. Everywhere you look, be it unemployment, loan defaults, CRE, housing, welfare rolls, states deficits, corporate profits, on and on, there is nothing indicating a healthy recovery. We are in the abyss. And, we don't need ridiculous market mavens trying to convince us otherwise. The emperor has no clothes.]]> Tue, 23 Jun 2009 08:46:00 -0400 Those of us out here in the real world fully recognize the fact that there are no green shoots to be seen anywhere. In spite of the phoney "less worse" euphoria that drives every ephemeral market move upward the facts are plain. Everywhere you look, be it unemployment, loan defaults, CRE, housing, welfare rolls, states deficits, corporate profits, on and on, there is nothing indicating a healthy recovery. We are in the abyss. And, we don't need ridiculous market mavens trying to convince us otherwise. The emperor has no clothes.]]> http://seekingalpha.com/article/144105-cramer-s-stop-trading-caterpillar-s-numbers-are-devastating-6-18-09?source=feed#comment-553502 553502 It's been amazing that CAT's price has held up as long as it did.
Last quarter's numbers were horrendous. The previous quarter's numbers were equally as bad. The balance sheet is quite bad.
Next, the dividend will have to go..
Yet, useless/cramer kept screaming, buy, buy, buy ..Ooops !
Better for his sheeple had he screamed "bye, bye, bye" ..
Why sheeple follow the dud (not dude), is no small wonder.
The market makes it so very easy to lose your money. Why look to cramer to expedite your losses ? I don't get it .
As for CAT, when the stock falls into the $25 area, in my opinion, that price offers a nice long term buy. Assuming the world doesn't collapse.]]> Fri, 19 Jun 2009 08:31:53 -0400 It's been amazing that CAT's price has held up as long as it did.
Last quarter's numbers were horrendous. The previous quarter's numbers were equally as bad. The balance sheet is quite bad.
Next, the dividend will have to go..
Yet, useless/cramer kept screaming, buy, buy, buy ..Ooops !
Better for his sheeple had he screamed "bye, bye, bye" ..
Why sheeple follow the dud (not dude), is no small wonder.
The market makes it so very easy to lose your money. Why look to cramer to expedite your losses ? I don't get it .
As for CAT, when the stock falls into the $25 area, in my opinion, that price offers a nice long term buy. Assuming the world doesn't collapse.]]> http://seekingalpha.com/article/140411-dangers-of-a-dollar-collapse?source=feed#comment-525118 525118 Contrary to our Chinese masters screaming, they have a vested interest in the dollar as does the entire world. Especially true, in our "less worse" environment. As hard as Chaiman Obama tries, he will certainly debase the dollar but not even the Chairman can destroy it. Although Obama and his band of merry men will do their
best to get it demolished .]]> Sun, 31 May 2009 11:21:32 -0400 Contrary to our Chinese masters screaming, they have a vested interest in the dollar as does the entire world. Especially true, in our "less worse" environment. As hard as Chaiman Obama tries, he will certainly debase the dollar but not even the Chairman can destroy it. Although Obama and his band of merry men will do their
best to get it demolished .]]> http://seekingalpha.com/article/140413-california-real-estate-market-recovery-sales-boom-unsold-inventory-drops?source=feed#comment-525103 525103 the ridiculous "existing homes sales" numbers are the most absurd.
When the manipulated market sees a monthly increase in the number, the CNBC cheerleaders and their less than forthcoming guests, break out the bubbly. They can't contain their glee.!
As home prices continue to tank (and they will), existing home sales will show increases. In Nevada, for instance, the median home price fell to $125,000 last month. No doubt when that price falls another 10%, (and it will), sales will continue to skyrocket. We are in the 3rd phase flippers market. The burning match will always be passed around. And their will always be suckers getting burned. The real estate market has no bottom in this environment. I don't need to read a book about it. I can simply look at my own neighborhood.]]> Sun, 31 May 2009 11:13:40 -0400 the ridiculous "existing homes sales" numbers are the most absurd.
When the manipulated market sees a monthly increase in the number, the CNBC cheerleaders and their less than forthcoming guests, break out the bubbly. They can't contain their glee.!
As home prices continue to tank (and they will), existing home sales will show increases. In Nevada, for instance, the median home price fell to $125,000 last month. No doubt when that price falls another 10%, (and it will), sales will continue to skyrocket. We are in the 3rd phase flippers market. The burning match will always be passed around. And their will always be suckers getting burned. The real estate market has no bottom in this environment. I don't need to read a book about it. I can simply look at my own neighborhood.]]> http://seekingalpha.com/article/140496-pimco-s-bill-gross-sees-a-bleak-future?source=feed#comment-525087 525087 Whatever happens to this economy Pimco will be there to grab some commissions. So, Bill Gross is nothing more than a posturer.
As for the dollar, we just concluded some fairly successful auctions. This is the "less worse" environment. Hence, the dollar will do fine as there are no other currencies even close to the dollar's status. That is written in stone and will never change. The market will slog on because hedge funds and mutual funds must justify their miserable existence. Fundamentals have lost all meaning. Whatever the sector du jour is, try to be there and make a profit. The manipulated market is nothing more than a casino. It's gambling pure and simple. The Bill Gross's of the world may sound good, but in the long run Pimco's won't put a dime in your pocket.
]]> Sun, 31 May 2009 10:56:57 -0400 Whatever happens to this economy Pimco will be there to grab some commissions. So, Bill Gross is nothing more than a posturer.
As for the dollar, we just concluded some fairly successful auctions. This is the "less worse" environment. Hence, the dollar will do fine as there are no other currencies even close to the dollar's status. That is written in stone and will never change. The market will slog on because hedge funds and mutual funds must justify their miserable existence. Fundamentals have lost all meaning. Whatever the sector du jour is, try to be there and make a profit. The manipulated market is nothing more than a casino. It's gambling pure and simple. The Bill Gross's of the world may sound good, but in the long run Pimco's won't put a dime in your pocket.
]]> http://seekingalpha.com/article/139978-cramer-s-stop-trading-what-s-ailing-procter-gamble-5-27-09?source=feed#comment-520907 520907 Cramer is nothing more than a buffoon whose rather pathetic followers, aka: sheeple, can't seem to get enough of him and his totally useless prognostications.
The mere presence of his comments demeans the entire SA website.]]> Thu, 28 May 2009 08:39:53 -0400 Cramer is nothing more than a buffoon whose rather pathetic followers, aka: sheeple, can't seem to get enough of him and his totally useless prognostications.
The mere presence of his comments demeans the entire SA website.]]> http://seekingalpha.com/article/135640-goldman-sachs-updates-its-conviction-buy-list?source=feed#comment-507664 507664 GS and every other banker/broker,investment house are useless miscreants only addressing their very own agendas. Warren Buffet may be interested in GS but we who have lost money with the "king of thieves" firm, couldn't care less about the GS list .]]> Sun, 17 May 2009 20:03:06 -0400 GS and every other banker/broker,investment house are useless miscreants only addressing their very own agendas. Warren Buffet may be interested in GS but we who have lost money with the "king of thieves" firm, couldn't care less about the GS list .]]> http://seekingalpha.com/article/134800-the-anti-stock-rhetoric-is-overblown?source=feed#comment-487276 487276 So tired of reading and hearing the herd analysis du jour.
Pullback ? Leg up ? Leg down ? Blah, blah, blah ..What a yawn !
]]> Sun, 03 May 2009 09:15:32 -0400 So tired of reading and hearing the herd analysis du jour.
Pullback ? Leg up ? Leg down ? Blah, blah, blah ..What a yawn !
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