capital pains

Great Shorting Opportunities Ahead in Home Builders, Banks

We are in complete agreement...We all knew yesterday's rally would be ephemeral at best, and today we are back to "normal". Normal, being dreadful. The rally lasted 1 whole day, fantastic !
With the media beating the "gloom and doom scenario" to death, along with the actual gloom and doom facts, there seems to be no reason to commit dollars to this manipulated and factually horrendous market.
Shorting does seem to be the only reasonable play in the market.
To me, the market has become so tedious, so self-abusing, such a waste of money and emotions, that short or long, why bother now at all ?
We are staring into the abyss. I personally am not betting my hard earned money on the guess that there is "light at the end of this tunnel" any time soon. Of course, if I were a hedge fund manager, I wouldn't care how much clients money was lost. I would only concern myself with December's bonus ! Since it is my money, I do care. The market won't see one dime of my money any time soon.
Cash is king !
Good Luck ....

$300/Barrel Oil Is Coming - Barron's Interview

Far be it from be to scoff at a respected prognosticator. But 2015, really ?
I would love to know what is going to happen 7 hours from now, much less 7 years from now !
Silly to ponder these things, when we have the treacherous, manipulated stock market to deal with on a much more immediate basis .

While Street Yells 'Sell!' Lampert Buys Back 4% of Sears

Does anyone remember the days when Cramer would tout SHLD @ $160 per share ? Cramer was so enamoured of Lampert's supposed genius, he just couldn't contain himself...Reminded us of Cramer's love for Ed Zanders as he ran Motorola to the ground..(another "genius" favorite of Cramer's)
Lampert is an egotist. Whatever moves he might make will be effected by Lampert's panic mode at seeing his media-driven rep wither and die.
If you have been in a K-Mart or Sears the past 2 years, enough said !
2 dogs combined, only produced 1 mega-dog ..Even we mortals suspected that result. Makes no difference what Lampert does; he can't save Sears,he can't save K-Mart, nobody is buying big-box commercial space so the "real estate play" aspect of SHLD is nil as well. Other than that, SHLD is looking real promising !

Las Vegas Housing, Casino Revenues Have Dropped Like a Pair of Loaded Dice

MGM is the most undervalued gaming stock in the entire sector.
It will only take a paltry $ 6.2 billion to take the company private @ $50 per share ..This will happen..When ? We don't know ..But, with deep pocketed Dubai. Kirk at a "young 91" It will happen ......It makes sense and the deal is so very doable .. ...It will happen ....

Commercial Real Estate Foreclosures [Housing Tracker]

I was banished by Alpha for strongly disagreeing with the rosey picture Dan Ahrens has continuously posted on this site ...I expressly pointed out myriad reasons why LVS is a very special loser amongst the gaming stocks.. LVS is desperately seeking $9 billion dollars to fund its expansion plans. In this environment LVS will have to give up its" first born" to raise anywhere near that sum ..
MGM is so severely undervalued that if you must gamble in this sector, only MGM presents a value. Plus, Dubai's deep pockets will ultimately gaurantee any MGM plans, both present and in the future.
With Vegas in a deep recession and with the extortionist Chinese government messing with visa restrictions to Macau, I again state, as I have for 1 year now; the gaming sector is not the place to be !
Hopefully Alpha will respect me enough this time around not to "punish" me for strongly disagreeing with the most wrong-headed analyst in the gaming sector ..Dan Ahrens ..

Las Vegas Housing, Casino Revenues Have Dropped Like a Pair of Loaded Dice

Vegas is a disaster...Covention business down almost 20%..Non-gaming revenues down substantially,,Weekend... from Calif., not driving over liked they used to..(Californians used to comprise 30% of the caisnos business. Macau incredibly competitive and controlled by the junketeers, a euphamism for extortionists.
No reason whatsoever to but casino stocks in the economic environment we will continue to be in.