joe1

The Bubble of Uncertainty Is About to Burst

what ive found strange is that i have yet to read any link to this bubble mentality (which is real) and the link between it and what i call "CNBC" generation. Lets face it CNBC panders to traders, hello, oil/GS in july? This is an immediate gratification society in and immediate info world. We are spoon fed second to second prices and god forbid you get on the top of the "screen" on CNBC cause then your on the death spiral. It all started with the chase of OJ. Now its what is the price of C millisecond to millisecond. Yep. Perhaps buy and hold is gone. For me its now that i cannot trust the powers that be to protect the average investor. Im thinking ratings agencies and uptick rule for starters....The effects on "investors' has forever been changed since were too stubborn to admit our constitution in regards to free speech media and its effects on society will forever be obsolete. And PS folks. Can anyone point to a time when things have been "certain" ??? Markets will ALWAYS climb the wall of worry. That is certain!

Sirius XM: Media's Fear-Mongering Has Gone on Long Enough

as far as the title of the article.. i say that is appropriate for the financial world as a whole. Its sad that in my opinion the media has a good chunk of responsibility in regards the the housing mess. If joe mainstreet keeps hearing gloom and doom on the 5 oclock news eventually that is exactly what you get. Other governments understand this,,,ie S.Korea.. Its the "Financial media gone wild" generation. They know your risk averse and are 10 times more likely to click on a negative story or watch gloom and doom than any other. Shame. Powers that be in this country just can never police or control themselves for the better of the whole.

Santelli's Rant: A Watershed Moment?

ive always admired Rick. hes a treasure on tv but i think he was wrong to a certain point. Let me state some facts. I after being told a thousand times what a total idiot i was sold my house 7/5 to rent. The rest you can follow. Fundamentally i feel the same as Rick but just on the surface. Yes maybe i did it right. yes i think this country is financially illiterate but hey what do you expect from half the country more interested in who won Dancin with the Stars. As George Carlin used to say "garbage in garbage out" Did anyone see the people interviewed in House of Cards? The lower part of the gene pool in regards to financial common sense.Sadly i think Rick missed his own networks special. He sits with "wall streeters" everyday. Maybe its a secret to Rick that the very folk that didnt want to pay for everyones stupidity was the very folk that knew (contrary to what they say) what a mess it was. Do I myself think it sucks to subsidies the stupid? Yep. But it is what it is. Ill suck it up if means the better of the whole. Sorry Rick but your "boys' knew exactly what they were doing. Its a 3 character party. The COP was getting payed off to turn the other way. The Drug pusher (wall street) kept feeding the Addict(greedy homeowners) and the rest is history . Rick i think 'wolfman" next to you better get his checkbook out

Obama's Housing Plan: Elegant and Costly

come on people wake up.. why is it there is this constant mentality that YOU the taxpayer matter? Go read business week. The only thing that matters to any politician is who has the most lobby money, the most campaign contribution.Go look at the numbers of what the banking community contributed to even Uncle Barney franks political campaign. come guys. Nothing is gonna improve until the gullible public understands they will always take a back seat to big corp. even now. And to the poster above. yes. Canada is nice. People society nicer. Less greed corruption etc

Barron's Takes Down Cramer, Again

as always. investors.. one big rule. consider the source of whom is telling you info. Doug Kass. Hmm.. Doesnt he write. for thestreet? connect the dots!

Hedge Funds Not Alone in Defending Short-Selling Secrecy

Hey... wasnt Uncle Bernard Madoff "shrouded in secrecy" to??

Tech: And You Think Q4's Going to Be Bad? - Barron's

Media just loves gloom and doom. They KNOW that sells 10 x more than anything else!! Sadly i think the recession, partly created by them, wont be over until they have a more disaster like story to grasp on to for a few months

Great Lessons from Big Scandals

lesson #1 nobody will take care of your money better than YOU!
lesson # 2 in the last 6 month we have all learned the SEC is useless. I wonder if they are ashamed that they can go after Cuban and Madoff. Then again maybe Cuban wasnt willing to pay to play. I have my doubts if they "failed" to see rather than just pretend it didnt exist. If you watched the CNBC special you realize that they were warned often and did nothing.

Oil Won't Stay Down for Long

explain..why you cant agree

Oil Won't Stay Down for Long

Dont be so thin skinned Davey...get over it. Its not a personal attack. follow the money Davey. Follow the big players and youll be fine. You seem to be the only one ive read that still is convinced that this was a supply and demand issue this year. You can drag all the metrics you want. Funny GS was calling for 200/B in july and now its 45. Its about the trade!! They make money on the way up and on the way down. Much of the markets these days will mini bubbles. This is the "CNBC nation" we live in. Instant info panders to traders,hedgies. The big money owns the little money.Rotation makes money. Nothing personal davie

Oil Won't Stay Down for Long

"Depression-like global financial crisis to humble the energy bull, not the deflation of a speculative mania"............huh?... Dude your delusional. Id start doing some homework i were you. You havent learned follow the greed and the hedgies? wow.

How Low Can Gasoline Prices Go?

well said all. where is GS everyday predicting 200/b ? Its all about the trade boys and girls. Thats how wallstreet makes money. Convince you it was demand on the way up and of course a lack there of on the way down. Its BS.. no way has demand fluctuated like the price this year. One idea i have floated around in a way to prevent yourselves from getting screwed by wall street again. ....I like the poster above did the DTO thing on 7/11. nice ride. One thing ive done the opposite of DTO is loading up on DXO. little by little. That if wall street decides its time to jam it up mainstreet's giggy again. im covered! Its an insurance policy i may never use. so be it. Ideas welcome!

While even luxury brands are feeling the pinch of a global economic slowdown, the ultra-rich continue to shop with reckless abandon. "They aren’t cutting back because of some kind of moral rationale. They don’t feel guilty about spending."

thats cause the ultra rich never feel guilty about screwing mainstreet to get it. Thats what they are taught. there is no emotion in becoming rich

Energy Investing: Scenarios for a Turnaround

why even play with the contracts? Im just building a position in DXO. Someday when the hedgies decide its time to turn the aircraft carrier around i dont want to get it up the you know what like they did to everyone in the summer. Funny CNBC doesnt air what GS thinks about oil anymore on a daily basis like they did. Its all a joke. If you all still think oil has a way to go down try DTO but i think youll agree thats a bit of a dangerous game now.

Energy Investing: Scenarios for a Turnaround

its either "on" or "off" because thats how traders make money. You can break this down all you want. It was spec on the way up and its spec on the way down. You cant in a million years tell me that a price fluctuation that oil has had just this year has anything to do about demand. You all want to find the roots of the oil price this year? Follow the hedgies and that will be a start.