mwfall's Comments mwfall's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/241684/comments The Outlook for Natural Gas in 2010: Invest with Caution http://seekingalpha.com/article/177401-the-outlook-for-natural-gas-in-2010-invest-with-caution?source=feed#comment-799291 799291 lol- what a dumb title. sounds like you're saying sometimes we should invest recklessly.]]> Thu, 10 Dec 2009 02:26:31 -0500 lol- what a dumb title. sounds like you're saying sometimes we should invest recklessly.]]> Natural Gas: What's Going On? http://seekingalpha.com/article/176808-natural-gas-what-s-going-on?source=feed#comment-797372 797372 Wed, 09 Dec 2009 01:25:40 -0500 Natural Gas Will Rise Again: UNG and FCG Provide Two Ways to Play http://seekingalpha.com/article/130751-natural-gas-will-rise-again-ung-and-fcg-provide-two-ways-to-play?source=feed#comment-789005 789005 Thu, 03 Dec 2009 16:25:54 -0500 Today in Commodities: Potential Reversal Looming http://seekingalpha.com/article/172846-today-in-commodities-potential-reversal-looming?source=feed#comment-756591 756591 Thu, 12 Nov 2009 02:02:59 -0500 Natural Gas Extraction May Be More Expensive Than It Seems http://seekingalpha.com/article/170775-natural-gas-extraction-may-be-more-expensive-than-it-seems?source=feed#comment-747486 747486

On Nov 04 06:25 AM Spicer wrote:

> Not familiar with meaning of the term reserve? If it ain't economically
> viable with today's commodity market prices it ain't a reserve just
> a resource.]]>
Fri, 06 Nov 2009 03:57:09 -0500

On Nov 04 06:25 AM Spicer wrote:

> Not familiar with meaning of the term reserve? If it ain't economically
> viable with today's commodity market prices it ain't a reserve just
> a resource.]]>
Airlines: Some Costs They Can't - And Shouldn't - Cut http://seekingalpha.com/article/170295-airlines-some-costs-they-can-t-and-shouldn-t-cut?source=feed#comment-747461 747461 Fri, 06 Nov 2009 02:50:39 -0500 The Greatest Depression Is Coming http://seekingalpha.com/article/167060-the-greatest-depression-is-coming?source=feed#comment-719089 719089
LOL- he founded himself as a blogger boy?]]>
Sun, 18 Oct 2009 02:24:33 -0400
LOL- he founded himself as a blogger boy?]]>
Flattening Oil Contango: Is It a Bullish Sign? http://seekingalpha.com/article/163135-flattening-oil-contango-is-it-a-bullish-sign?source=feed#comment-690324 690324 then when she finally makes a prediction, it's wrong.

in article dated 9/14 she wrote:
"....So, there will likely be a painfully lower gas price on hand in the next 6 to 10 weeks or so"
and
"....we could be looking at a brief sub zero price scenario"
and
"traders should brace themselves for quite possibly the darkest days in the next 2 months for the natural gas market"

in the 10 days since then, nat gas has gone from $3.30 to $3.99 (20% higher).
babble on]]>
Fri, 25 Sep 2009 01:09:47 -0400 then when she finally makes a prediction, it's wrong.

in article dated 9/14 she wrote:
"....So, there will likely be a painfully lower gas price on hand in the next 6 to 10 weeks or so"
and
"....we could be looking at a brief sub zero price scenario"
and
"traders should brace themselves for quite possibly the darkest days in the next 2 months for the natural gas market"

in the 10 days since then, nat gas has gone from $3.30 to $3.99 (20% higher).
babble on]]>
Are Commodities Still a Safe Haven? http://seekingalpha.com/article/162823-are-commodities-still-a-safe-haven?source=feed#comment-686979 686979 Tue, 22 Sep 2009 23:45:17 -0400 Report from Europe: Does 'V' Come Before 'W'? http://seekingalpha.com/article/160448-report-from-europe-does-v-come-before-w?source=feed#comment-667647 667647 Wed, 09 Sep 2009 01:28:35 -0400 Why U.S. Government Should Cut Federal Workers' Lavish Compensation http://seekingalpha.com/article/160360-why-u-s-government-should-cut-federal-workers-lavish-compensation?source=feed#comment-667646 667646

On Sep 08 11:24 PM Falconflight wrote:

> I'm a Federal Employee with 26 years service. I have a Master Degree
> and started at 16,500 per annum.
>
> Yes, after 26 years I'm making pretty good money. I'm paying approx.
> 3,000 per annum in health plan premiums, my plan, as all FEHB plans
> pay almost nothing for dental or vision. My plan required that I
> go to PPO's in order to get 85% coverage of bills. I have family
> deductibles of $750 per annum in order to receive benefits and I
> have various copayments to meet for services rendered.
>
> I cannot retire until age 55 with 30 years service, as I am grandfathered
> under the old plan (seekingalpha.com/symbo...) which changed
> on or about 1Jan84.
>
> Everyone hired since that time relies mostly on Social Security,
> plus a 401 K (seekingalpha.com/symbo...), matched dollar
> for dollar up to 4% and 50 cents on the dollar up to 6% total. The
> Federal portion of the retirement benefits is quite small now. <br/>
>
> As for myself under the old plan, I can expect to retire at 55% of
> my base pay after averaging my last 3 years (high 3) pay.
>
> Under the new plan, these folks will not get their retirement until
> they're approaching social security age, since to receive the fed.
> pension alone would not be enough to survive.
>
> It is absolutely true that fed employees were given considerably
> higher cost of living adjustments with Pres. Bush than under Clinton.
> I do believe Obama should have opted to afford 0% cost of living
> adjustment rather than the 2.0% lowered from 2.4% based on the CPI.
> I do agree that when the country is in a downturn, especially as
> severe as this one, for symbolic value if nothing else, federal employees
> should bear some burden.
>
> I certainly realize and appreciate the wealth producers of the country,
> because they do pay my salary. Citizens should rail against the bureaucracy,
> their pay and sense of entitlement. No doubt. Too many federal employees
> get that glazed look in their eyes when I say the TaxPayer is paying
> for this or that.
>
> One more comment...while I do live reasonably well after all these
> years, I do pay substantial fed. income taxes. I do resent the multitudes
> of income earners that now pay no fed. income taxes. What nearly
> 50% no longer pay income taxes?
>
> Every income earner needs to pay income taxes, otherwise they have
> no 'skin' in the game and could care less if the "rich" get their
> earned wealth confiscated, essentially to feed the TaxEaters and
> their ever growing demands for equal outcome, not equal opportunity.
> ]]>
Wed, 09 Sep 2009 01:25:36 -0400

On Sep 08 11:24 PM Falconflight wrote:

> I'm a Federal Employee with 26 years service. I have a Master Degree
> and started at 16,500 per annum.
>
> Yes, after 26 years I'm making pretty good money. I'm paying approx.
> 3,000 per annum in health plan premiums, my plan, as all FEHB plans
> pay almost nothing for dental or vision. My plan required that I
> go to PPO's in order to get 85% coverage of bills. I have family
> deductibles of $750 per annum in order to receive benefits and I
> have various copayments to meet for services rendered.
>
> I cannot retire until age 55 with 30 years service, as I am grandfathered
> under the old plan (seekingalpha.com/symbo...) which changed
> on or about 1Jan84.
>
> Everyone hired since that time relies mostly on Social Security,
> plus a 401 K (seekingalpha.com/symbo...), matched dollar
> for dollar up to 4% and 50 cents on the dollar up to 6% total. The
> Federal portion of the retirement benefits is quite small now. <br/>
>
> As for myself under the old plan, I can expect to retire at 55% of
> my base pay after averaging my last 3 years (high 3) pay.
>
> Under the new plan, these folks will not get their retirement until
> they're approaching social security age, since to receive the fed.
> pension alone would not be enough to survive.
>
> It is absolutely true that fed employees were given considerably
> higher cost of living adjustments with Pres. Bush than under Clinton.
> I do believe Obama should have opted to afford 0% cost of living
> adjustment rather than the 2.0% lowered from 2.4% based on the CPI.
> I do agree that when the country is in a downturn, especially as
> severe as this one, for symbolic value if nothing else, federal employees
> should bear some burden.
>
> I certainly realize and appreciate the wealth producers of the country,
> because they do pay my salary. Citizens should rail against the bureaucracy,
> their pay and sense of entitlement. No doubt. Too many federal employees
> get that glazed look in their eyes when I say the TaxPayer is paying
> for this or that.
>
> One more comment...while I do live reasonably well after all these
> years, I do pay substantial fed. income taxes. I do resent the multitudes
> of income earners that now pay no fed. income taxes. What nearly
> 50% no longer pay income taxes?
>
> Every income earner needs to pay income taxes, otherwise they have
> no 'skin' in the game and could care less if the "rich" get their
> earned wealth confiscated, essentially to feed the TaxEaters and
> their ever growing demands for equal outcome, not equal opportunity.
> ]]>
Why U.S. Government Should Cut Federal Workers' Lavish Compensation http://seekingalpha.com/article/160360-why-u-s-government-should-cut-federal-workers-lavish-compensation?source=feed#comment-667642 667642

On Sep 08 08:44 AM User 92501 wrote:

> US Postal Service 767,879 employees do not receive any money from
> the Federal Government. There pay comes from the stamps and other
> service to the American people. Also, the postal service pays for
> retirement from deductions from employees wages. The US Postal Service
> is currently restructing as it is several billions in debt due to
> low volumne of mail]]>
Wed, 09 Sep 2009 01:17:32 -0400

On Sep 08 08:44 AM User 92501 wrote:

> US Postal Service 767,879 employees do not receive any money from
> the Federal Government. There pay comes from the stamps and other
> service to the American people. Also, the postal service pays for
> retirement from deductions from employees wages. The US Postal Service
> is currently restructing as it is several billions in debt due to
> low volumne of mail]]>
UNG is a strong buy at 15.35 hedged against the June strike 15 calls. http://seekingalpha.com/instablog/28412-jack-haddad/5045-ung-is-a-strong-buy-at-15-35-hedged-against-the-june-strike-15-calls?source=feed#comment-615631 615631

On Jul 26 05:58 PM Jack Haddad wrote:

>
> Not at all strong.... it's a good hedge if you consider rolling that
> strike month after month...
>
> On Jul 23 03:24 PM mwfall wrote:]]>
Tue, 04 Aug 2009 22:36:49 -0400

On Jul 26 05:58 PM Jack Haddad wrote:

>
> Not at all strong.... it's a good hedge if you consider rolling that
> strike month after month...
>
> On Jul 23 03:24 PM mwfall wrote:]]>
UNG - buy, what we was waiting for! Short covering now. http://seekingalpha.com/instablog/440838-danny-devito/20624-ung-buy-what-we-was-waiting-for-short-covering-now?source=feed#comment-615614 615614 Tue, 04 Aug 2009 22:07:14 -0400 UNG is a strong buy at 15.35 hedged against the June strike 15 calls. http://seekingalpha.com/instablog/28412-jack-haddad/5045-ung-is-a-strong-buy-at-15-35-hedged-against-the-june-strike-15-calls?source=feed#comment-599873 599873 Thu, 23 Jul 2009 15:24:20 -0400 Forget Goldman, Start Worrying About the Government http://seekingalpha.com/article/149574-forget-goldman-start-worrying-about-the-government?source=feed#comment-594600 594600 i have a better idea. i say you should run congress. i'll vote for you.]]> Mon, 20 Jul 2009 01:37:56 -0400 i have a better idea. i say you should run congress. i'll vote for you.]]> How Will CFTC Hearings Impact Commodity ETFs? http://seekingalpha.com/article/149055-how-will-cftc-hearings-impact-commodity-etfs?source=feed#comment-592778 592778 commodity ETFs that you probably already know any way"]]> Sat, 18 Jul 2009 01:58:05 -0400 commodity ETFs that you probably already know any way"]]> Game Over for U.S. Oil, Natural Gas ETFs? http://seekingalpha.com/article/147602-game-over-for-u-s-oil-natural-gas-etfs?source=feed#comment-592587 592587

On Jul 08 04:42 PM ETF Grind wrote:

> To me "has not yet approved the request" means they declined the
> request.
>
> Yes, they may approve it later. But the fund needs the new shares
> now. There was a deadline, and it passed without a decision. To me
> that's a decline.]]>
Fri, 17 Jul 2009 19:09:24 -0400

On Jul 08 04:42 PM ETF Grind wrote:

> To me "has not yet approved the request" means they declined the
> request.
>
> Yes, they may approve it later. But the fund needs the new shares
> now. There was a deadline, and it passed without a decision. To me
> that's a decline.]]>
Washington's Dilemma: This Isn't a Recession, It's a Collapse http://seekingalpha.com/article/148526-washington-s-dilemma-this-isn-t-a-recession-it-s-a-collapse?source=feed#comment-590913 590913 Thu, 16 Jul 2009 15:16:09 -0400 Why Leveraged ETFs Are Bound to Deteriorate http://seekingalpha.com/article/148380-why-leveraged-etfs-are-bound-to-deteriorate?source=feed#comment-589879 589879 Wed, 15 Jul 2009 21:04:01 -0400 Why Leveraged ETFs Are Bound to Deteriorate http://seekingalpha.com/article/148380-why-leveraged-etfs-are-bound-to-deteriorate?source=feed#comment-589874 589874
HERE'S HIS MISTAKE:

take the triple levereged one.
when it goes from 100 to 70 the percentage loss is calculated by dividing 30 into 100 equals 30% (he was right on that one)
when it goes from 70 to 100 the percentage gain is calculated by dividing 30 into 70 equals 42.85% gain !!]]>
Wed, 15 Jul 2009 20:58:04 -0400
HERE'S HIS MISTAKE:

take the triple levereged one.
when it goes from 100 to 70 the percentage loss is calculated by dividing 30 into 100 equals 30% (he was right on that one)
when it goes from 70 to 100 the percentage gain is calculated by dividing 30 into 70 equals 42.85% gain !!]]>
Natural Gas ETF: Nowhere to Go but Up, Yet It Keeps Going Down http://seekingalpha.com/article/147852-natural-gas-etf-nowhere-to-go-but-up-yet-it-keeps-going-down?source=feed#comment-581716 581716 Fri, 10 Jul 2009 01:23:43 -0400 Game Over for U.S. Oil, Natural Gas ETFs? http://seekingalpha.com/article/147602-game-over-for-u-s-oil-natural-gas-etfs?source=feed#comment-580006 580006

On Jul 08 07:12 PM ETF Grind wrote:

> Well, USCF employees aside most people do have a problem with these
> funds.
>
> Yes, people can sell the UNG every month, but they would have to
> buy it back it again if they wanted back into the market - thus rollover.
>
>
> And individual futures traders can buy contracts of different maturities!
> How can you not know that? They don't have to roll over six one-month
> contracts like the UNG, they can buy a six-month contract instead!
>
>
> The market conditions I described are known as "contango". Google
> it.
>
> And I find it convenient you didn't address my point about the USO's
> under performance and the possibility that the UNG could miss the
> mark by that much as well.
>
> Cheers. Me and my mates drink one to your education tonight at the
> pub.]]>
Thu, 09 Jul 2009 01:32:33 -0400

On Jul 08 07:12 PM ETF Grind wrote:

> Well, USCF employees aside most people do have a problem with these
> funds.
>
> Yes, people can sell the UNG every month, but they would have to
> buy it back it again if they wanted back into the market - thus rollover.
>
>
> And individual futures traders can buy contracts of different maturities!
> How can you not know that? They don't have to roll over six one-month
> contracts like the UNG, they can buy a six-month contract instead!
>
>
> The market conditions I described are known as "contango". Google
> it.
>
> And I find it convenient you didn't address my point about the USO's
> under performance and the possibility that the UNG could miss the
> mark by that much as well.
>
> Cheers. Me and my mates drink one to your education tonight at the
> pub.]]>
How Public Pension Funds Avoid the Truth http://seekingalpha.com/article/147425-how-public-pension-funds-avoid-the-truth?source=feed#comment-578098 578098 all government worker pensions should be eliminated permanently.]]> Tue, 07 Jul 2009 20:15:58 -0400 all government worker pensions should be eliminated permanently.]]> The Congressional Bailout of Madoff's Investors http://seekingalpha.com/article/147008-the-congressional-bailout-of-madoff-s-investors?source=feed#comment-575157 575157

On Jul 05 11:36 AM OnWallStreetSince1974 wrote:

> You end your story assuming that the taxpayer pays all. This is NOT
> the case. SIPC is authorized to charge a transaction fee for all
> securities transactions in order to raise enough funds to pay back
> their loans, and build up their indemnification fund.
>
> With currently some, e.g., 100 billion shares traded per month upon
> the listed exchanges, not incl. derivatives, charging a mere $0.01
> per side [buy &amp; sell] per share fee would yield $2 billion per
> month, or some $24 billion per annum. At the very extreme, if each
> of the Madoff submitted to SIPC now 15,000 claims were paid the correct
> inflation adjusted $1.69 million [assuming each account was, at a
> minimum, valued as such upon their 11/30/2008 statement, adjusted
> for post 11/30/2008 cash additions &amp; withdrawals], that would
> amount to $25.35 billion. Furthermore, said fee charge could be continued
> in order to fund the SIPC indemnification fund for future contingencies,
> with said funds held in U.S. Treasuries.]]>
Mon, 06 Jul 2009 03:04:22 -0400

On Jul 05 11:36 AM OnWallStreetSince1974 wrote:

> You end your story assuming that the taxpayer pays all. This is NOT
> the case. SIPC is authorized to charge a transaction fee for all
> securities transactions in order to raise enough funds to pay back
> their loans, and build up their indemnification fund.
>
> With currently some, e.g., 100 billion shares traded per month upon
> the listed exchanges, not incl. derivatives, charging a mere $0.01
> per side [buy &amp; sell] per share fee would yield $2 billion per
> month, or some $24 billion per annum. At the very extreme, if each
> of the Madoff submitted to SIPC now 15,000 claims were paid the correct
> inflation adjusted $1.69 million [assuming each account was, at a
> minimum, valued as such upon their 11/30/2008 statement, adjusted
> for post 11/30/2008 cash additions &amp; withdrawals], that would
> amount to $25.35 billion. Furthermore, said fee charge could be continued
> in order to fund the SIPC indemnification fund for future contingencies,
> with said funds held in U.S. Treasuries.]]>
Are Airlines Going Bankrupt Again? http://seekingalpha.com/article/146956-are-airlines-going-bankrupt-again?source=feed#comment-575112 575112 Mon, 06 Jul 2009 01:08:05 -0400 Blackmont Capital Bullish on Gold and Silver http://seekingalpha.com/article/113823-blackmont-capital-bullish-on-gold-and-silver?source=feed#comment-573091 573091 Fri, 03 Jul 2009 10:34:33 -0400 California: The Haves and Have-Nots http://seekingalpha.com/article/146547-california-the-haves-and-have-nots?source=feed#comment-572768 572768 Fri, 03 Jul 2009 02:25:27 -0400 15 Stocks with the Stamina to Survive This Crisis http://seekingalpha.com/article/143721-15-stocks-with-the-stamina-to-survive-this-crisis?source=feed#comment-550575 550575
what kind of a dumb disclososure is that? anybody in the world "may" own a stock.]]>
Wed, 17 Jun 2009 13:21:39 -0400
what kind of a dumb disclososure is that? anybody in the world "may" own a stock.]]>
Why Not Start Defaulting on Your Credit Cards? http://seekingalpha.com/article/143585-why-not-start-defaulting-on-your-credit-cards?source=feed#comment-549742 549742 Wed, 17 Jun 2009 01:03:21 -0400