WorkerOnWallStreet

Recession Is Over: Long Live Depression

We really got the Chinese,didn't we! They can't do diddly with their dollar holdings... So what are they going to do with it all? Buy DVD players and LCD TVs? Ha! If they try to reduce the dollar holdings, they will destroy themselves. They have NO place to put their money, except in US govt debt which is "backed by the full faith..." Double ha! And will we allow them to buy any of our assets we consider important to national security? No way!! Triple ha ha ha!!!

Which means we still have them working for us. They have to put their money buying our debt, and interest rates in the US will continue to be low, and housing prices will go up as a result.

No one knows capitalism like we Americans do. The Chinese know now that the US government is too big to fail, so they have no way out but to keep Uncle Sam propped up. Yup... it's like giving more booze to the alcoholic... more drugs to the drug-addict...

Why I'm Buying Citigroup Stock

Trust me - this is higher quality "research" and a more honest "analysis" than the typical overpaid "analyst" does on Wall Street.

On Jul 28 09:52 AM CDooge wrote:

> Hey, with keen analytical reasoning like this, let's bet the farm.
> After all, he was in Russia and actually SAW a Citibank machine and
> got totally foreign currency. OMG. And he is able to summarize a
> Newsweek article. He is also "aware of all the issues," so go for
> it America!

Why I'm Buying Citigroup Stock

Well said. The "experts" and "gurus" and "wizards" and "financial planners" and "brokers" and "managers" didn't recommend Citigroup when it was under $1. They won't recommend it today. They will wait till it gets to $10 (or maybe $20) and then put a "Strong Buy" label on it for the masses.
Welcome to America.

On Jul 28 04:57 PM whisperonthewind wrote:

> After having my investments decrease by 50%, I gradually started
> putting my money back into some of the worst offenders. Citi was
> one of those, just after it passed $1, and I've more than doubled
> my investment. I'll hold on, since I don't need that money right
> now, and fully expect to have it double (or more) again. Sure, it
> takes its dips now and then but I'm still more than double and that's
> a good thing.

Friday Roundup: Commodities, Emerging Markets

Warren Buffett is a frigging opportunist who profits from what is obviously privileged insider information. Just goes to show that if you are really rich, it's easy to get even richer.

Time to Reenter GE

No kidding. When GE was under 6, the experts were screaming that that the company was finished, kaput, Chapter 11, gonzo... And suc...err small investors... were paying HUGE premiums to buy ENORMOUS quantities of puts. Way out of the money puts with a strike price of $2 were going for huge premiums!

Of course the same experts are nowhere now. But no worry... we have more experts. When GE goes to $25, even more of these super-experts will come out of the woodwork. And when GE goes to $50, EVERYONE on Wall Street will be a super-expert and then EVERY small investor will be told this is a core part of every portfolio.

The Truth About 3x ETFs and Long Term Investing

Well said. The bubble in these leveraged ETFs is just beginning to form, though. The average small investor still doesn't understand them. When these suc.. er.. investors start to pile in, you know that's the time to get out.

The Worst Case Scenario (Someone Has to Say It)

You will be great on Wall Street. Keep making predictions, and you know at least one of them will be right and you will be a star and come on CNBC.

Big Oil's Disappointing Earnings: No Need to Worry

It's ridiculous that these oil and pharmaceutical companies are making money while the banks and auto companies are losing so much. We obviously need to tax them and take away their profits to help the banks and autos.

All Original 3x ETFs Are Down Over Last Six Months

To make money, you don't play in the casino.... you RUN it!! You have to be a banker or insider on Wall Street. Everyone else loses nearly all of the time.

Leveraged ETFs: Is Tracking Error Really So Troublesome?

And don't forget... "Tracking Error" always seems to occur in favor of the outfits running the funds. You buy a 3x bull fund, and it goes up less than 3x when the index goes up by x. But when you buy a 3x bear fund and the index goes down by x, you find the ETF will go down by more than 3x.

Buyer beware. Madoff's buddies still run Wall Street.

Slow Down Mr. Roubini

Right on! Our "EXPERTS" are brilliant. Except that each day (each hour?) it's a different "EXPERT" now.
There were plenty of ordinary folks predicting what Roubini was. Looks like only he got his 15 minutes of fame. And now it's time for him to get the he_l out.

Why Friday Was Such a Critical Day for Bank Stocks

What's the point of the article? Is there one?

Why Friday Was Such a Critical Day for Bank Stocks

What's his point? Is there one?

Earnings Preview: Pfizer

All of the voices screaming that Pfizer should buy some pharmas or biotechs are doing so because they own those potential targets. NONE of them think about what's good for Pfizer- they just want to sell their overpriced companies to Pfizer.

Pfizer management, like Warren Buffett, have done an excellent job so far and not rushed into bad deals just because these vested interests are screaming for them! Pfizer's plans are long term, but you should see them start to make sense in a few months. Look at their pipeline and their plans.

Pfizer should spend the cash hoard wisely. So far they appear to be doing the right things!

The Long Case for Pfizer

Re: flowcap's comments - as far as "Technical" analysis goes, _any_one can say _any_thing and show charts to "prove" it. I can also show charts to _dis_prove it.

We are at a time now where _every_one, from the smartest analysts and money managers, to the elementary school kid doing a portfolio management project, is using this kind of "Technical" analysis. But maybe - just maybe - the tide is turning in favor of fundamental analysis now. And maybe - just maybe - things like business plans, cash flow, cash hoard, product slate, R&D, stability, dividend, international presence.....all of that will matter.

As for the prediction that it will go down and "test the lows again"... who knows - or cares - it may or may not happen. The more important issue is upside vs. downside risk. My approach is to scale in slowly, and keep increasing my position if it continues to go down.