Blue collar guy's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/25443/comments http://seekingalpha.com/article/101772-when-everyone-sells-who-buys?source=feed#comment-290240 290240 Viewed from where I now sit, the entire original purpose of the market has been all but lost..which was to furnish the necessary capital in order for a small business to become larger by persuading investors to furnish the capital by buying shares of stock in a "Corporation".
Fuhget about that simple main and sole purpose as of a long time ago. What we have now is nothing but a legalized means of wholesale gambling, whereby the incentive comes 98% from "growing" the value of the stock by virtually any means possible. Dividends? for the most part have no place, purpose, or existence...the big pay off comes when you buy and sell...often within an hour or less or days.
Now .....we have hedge funds, derivatives, instantaneous programed trading and indescribable and otherwise esoteric means of altering perspectives, messaging numbers, and just plain old simple cheating that will enrich the very smallest part of the population who sticks an untrained foot into the market. It is so wide open that the govt. nor anyone else could ever come up with rules and regulation that protect the innocent. Therefore, only a FOOL will even consider the market UNLESS he or she is fully trained and addicted to playing a game as bad or worse than "Russian Roulette". Today's stock market is the biggest fraud ever perpetuated on the world's working, middle class person trying to raise and provide for a family. God help us all if the population doesn't wake up .....much sooner than later.]]> Sat, 25 Oct 2008 11:02:52 -0400 Viewed from where I now sit, the entire original purpose of the market has been all but lost..which was to furnish the necessary capital in order for a small business to become larger by persuading investors to furnish the capital by buying shares of stock in a "Corporation".
Fuhget about that simple main and sole purpose as of a long time ago. What we have now is nothing but a legalized means of wholesale gambling, whereby the incentive comes 98% from "growing" the value of the stock by virtually any means possible. Dividends? for the most part have no place, purpose, or existence...the big pay off comes when you buy and sell...often within an hour or less or days.
Now .....we have hedge funds, derivatives, instantaneous programed trading and indescribable and otherwise esoteric means of altering perspectives, messaging numbers, and just plain old simple cheating that will enrich the very smallest part of the population who sticks an untrained foot into the market. It is so wide open that the govt. nor anyone else could ever come up with rules and regulation that protect the innocent. Therefore, only a FOOL will even consider the market UNLESS he or she is fully trained and addicted to playing a game as bad or worse than "Russian Roulette". Today's stock market is the biggest fraud ever perpetuated on the world's working, middle class person trying to raise and provide for a family. God help us all if the population doesn't wake up .....much sooner than later.]]> http://seekingalpha.com/article/99671-some-stocks-to-research-for-the-market-rebound?source=feed#comment-282041 282041
"DRILL HERE, DRILL NOW!" rules.]]> Tue, 14 Oct 2008 10:22:03 -0400
"DRILL HERE, DRILL NOW!" rules.]]> http://seekingalpha.com/article/99745-tuesday-outlook-commodities-emerging-markets?source=feed#comment-282014 282014 Tue, 14 Oct 2008 09:56:29 -0400 http://seekingalpha.com/article/98979-the-burst-commodities-bubble?source=feed#comment-277117 277117 When stocks like Monsanto can fall and other blue chips when they are perfectly healthy companies by ANY standards, the btm. line is PANIC, PANIC, PANIC being the main reason for everything going down.]]> Wed, 08 Oct 2008 15:02:02 -0400 When stocks like Monsanto can fall and other blue chips when they are perfectly healthy companies by ANY standards, the btm. line is PANIC, PANIC, PANIC being the main reason for everything going down.]]> http://seekingalpha.com/article/97554-the-calm-before-the-storm?source=feed#comment-266832 266832
Then best you stay in Thailand where you will be safe, sound, and living off the fat of the land ....until someone buries an machete in your neck.
Better yet, come on back home and run for President...you appear to have the right amount of smarts.]]> Sat, 27 Sep 2008 11:34:04 -0400
Then best you stay in Thailand where you will be safe, sound, and living off the fat of the land ....until someone buries an machete in your neck.
Better yet, come on back home and run for President...you appear to have the right amount of smarts.]]> http://seekingalpha.com/article/96601-buy-sell-or-hold-potash-deserves-another-look?source=feed#comment-261625 261625 Mon, 22 Sep 2008 12:52:45 -0400 http://seekingalpha.com/article/94860-why-don-t-earnings-matter-anymore?source=feed#comment-251606 251606 Hitting the nail on the head is what you gentlemen have done. I am long on Potash and several other commodity type or "tied to" stocks that have me down 40% before mediocre gains yesterday. The answer to how long does one remain long for this smallish investor is.....until these stocks return to their rightful places at or near the top of the heap...which they will do if for no other reason than they are great companies by any measurement except the volatility and freakish behaviors of the mkt. from time to time. As nearly everyone knows, when you are down a heap on stocks representing excellent management, high profits, good futures, etc. not too smart to sell because once gone, a very real loss has occurred, not just one on paper.]]> Thu, 11 Sep 2008 11:04:14 -0400 Hitting the nail on the head is what you gentlemen have done. I am long on Potash and several other commodity type or "tied to" stocks that have me down 40% before mediocre gains yesterday. The answer to how long does one remain long for this smallish investor is.....until these stocks return to their rightful places at or near the top of the heap...which they will do if for no other reason than they are great companies by any measurement except the volatility and freakish behaviors of the mkt. from time to time. As nearly everyone knows, when you are down a heap on stocks representing excellent management, high profits, good futures, etc. not too smart to sell because once gone, a very real loss has occurred, not just one on paper.]]> http://seekingalpha.com/article/93423-potash-corp-poised-to-double-market-capitalization?source=feed#comment-243104 243104 Mon, 01 Sep 2008 10:14:59 -0400 http://seekingalpha.com/article/92288-in-support-of-potash-corp-s-projected-2008-gross-margin-increase?source=feed#comment-237767 237767 Sun, 24 Aug 2008 13:21:08 -0400 http://seekingalpha.com/article/91980-how-you-can-invest-in-the-pickens-plan?source=feed#comment-236919 236919
There was nothing scurilous about the Swift Boat program to demolish a politician that needed to be demolished since he laid claim to heroics that apparently most of his own sailors chose to dispute. All Pickens did was spend a little of his own money to support the effort and let it happen. "Scurilous" indeed, the attack was out in the open, nothing secret, names named, books written and NOBODY SUED FOR SLANDER OR ANYTHING ELSE. That ought to tell you something about Senator Kerry.]]> Fri, 22 Aug 2008 19:46:57 -0400
There was nothing scurilous about the Swift Boat program to demolish a politician that needed to be demolished since he laid claim to heroics that apparently most of his own sailors chose to dispute. All Pickens did was spend a little of his own money to support the effort and let it happen. "Scurilous" indeed, the attack was out in the open, nothing secret, names named, books written and NOBODY SUED FOR SLANDER OR ANYTHING ELSE. That ought to tell you something about Senator Kerry.]]> http://seekingalpha.com/article/91793-transocean-drilling-deep-for-profits?source=feed#comment-235782 235782 RIG). Hang on and enjoy the ride.]]> Thu, 21 Aug 2008 14:09:58 -0400 RIG). Hang on and enjoy the ride.]]> http://seekingalpha.com/article/90487-wall-street-breakfast-must-know-news?source=feed#comment-229010 229010 What evidence to you speak of regarding commodities reversing direction lately, I'd like to smoke that pipe for awhile if I can find it-at least the high flyers of the last half yr or so, i.e. POT, MTL, MOS etc.

See Eli remarks above "Gold, platinum, and silver hit 7-month lows on concerns of reduced demand for raw materials. Commodities descend Monday into bear territory, with S&P's GSCI index off 22% from its July 3 highs.]]> Tue, 12 Aug 2008 20:45:02 -0400 What evidence to you speak of regarding commodities reversing direction lately, I'd like to smoke that pipe for awhile if I can find it-at least the high flyers of the last half yr or so, i.e. POT, MTL, MOS etc.

See Eli remarks above "Gold, platinum, and silver hit 7-month lows on concerns of reduced demand for raw materials. Commodities descend Monday into bear territory, with S&P's GSCI index off 22% from its July 3 highs.]]> http://seekingalpha.com/article/90487-wall-street-breakfast-must-know-news?source=feed#comment-229007 229007 Tue, 12 Aug 2008 20:39:08 -0400 http://seekingalpha.com/article/88202-let-s-get-greedy-with-mechel-steel?source=feed#comment-219421 219421 Y. Jurgens....not the new Prime Minister.]]> Thu, 31 Jul 2008 12:30:29 -0400 Y. Jurgens....not the new Prime Minister.]]> http://seekingalpha.com/article/88202-let-s-get-greedy-with-mechel-steel?source=feed#comment-219402 219402 Thu, 31 Jul 2008 12:10:33 -0400 http://seekingalpha.com/article/87647-mechel-should-bounce-on-russian-deputy-p-m-s-comments?source=feed#comment-218524 218524 Wed, 30 Jul 2008 12:52:36 -0400 http://seekingalpha.com/article/87786-the-best-of-the-deal-cramer-s-stop-trading-7-29-08?source=feed#comment-218517 218517
Washington Mutual is just as BAD in my opinion. ]]> Wed, 30 Jul 2008 12:42:49 -0400
Washington Mutual is just as BAD in my opinion. ]]> http://seekingalpha.com/article/87227-the-top-5-looming-financial-issues?source=feed#comment-215856 215856 Having been born poor in 1931 USA, I was old enough soon after the end of WW2 to realize that without winning WW2, there is no way the USA of today could have reached it's apex of wealth and scattered that wealth about the incrementally growing populace with such ease (compared to any other nation in the world....civilized or 3rd and 4th world nations).
Btm line is that only a war of signficant length and decimation of peoples in the top five (pick a number) most prosperous nations in today or tomorrow's world of the next fifty years...give or take (purely guess on my part) will straighten out many of today's imbalances. A fresh start is needed, although it is highly questionable that the human race, cloned or not will ever learn the ultimate lesson needed to be learned...which is that there has never, ever been any free lunches since the world began with Eve providing an apple to Adam. Not for the earliest cave man, Greek or Roman empires nor the Byzentine. Belief in God or not, there is a price to be paid for everything except death, it comes for everyone sooner or later and if B.O. has his way it will be sooner and more than likely... taxed to the hilt.]]> Sun, 27 Jul 2008 15:40:20 -0400 Having been born poor in 1931 USA, I was old enough soon after the end of WW2 to realize that without winning WW2, there is no way the USA of today could have reached it's apex of wealth and scattered that wealth about the incrementally growing populace with such ease (compared to any other nation in the world....civilized or 3rd and 4th world nations).
Btm line is that only a war of signficant length and decimation of peoples in the top five (pick a number) most prosperous nations in today or tomorrow's world of the next fifty years...give or take (purely guess on my part) will straighten out many of today's imbalances. A fresh start is needed, although it is highly questionable that the human race, cloned or not will ever learn the ultimate lesson needed to be learned...which is that there has never, ever been any free lunches since the world began with Eve providing an apple to Adam. Not for the earliest cave man, Greek or Roman empires nor the Byzentine. Belief in God or not, there is a price to be paid for everything except death, it comes for everyone sooner or later and if B.O. has his way it will be sooner and more than likely... taxed to the hilt.]]> http://seekingalpha.com/article/87019-friday-outlook-commodities-emerging-markets?source=feed#comment-214158 214158 Can someone please tell me with some high degree of reliability, whether I am going to make money the rest of the year in the following stocks...(ABB;APC; MON; MTL; POT; RIG)? The variables involved in forecasting seem to me to be so many and so staggering and loaded with such abundant contradiction as well as potential for disaster on a world wide basis...financial and otherwise, it's easy to think that I should run for the nearest gold source and never look back. On the hand, I don't think I can eat gold or put a roof over my head, with stuff that is all that heavy. When and if the mkt gets that bad, an MK 47, body armor, and supply of C rations might be the only tkt. to survival.]]> Fri, 25 Jul 2008 09:02:19 -0400 Can someone please tell me with some high degree of reliability, whether I am going to make money the rest of the year in the following stocks...(ABB;APC; MON; MTL; POT; RIG)? The variables involved in forecasting seem to me to be so many and so staggering and loaded with such abundant contradiction as well as potential for disaster on a world wide basis...financial and otherwise, it's easy to think that I should run for the nearest gold source and never look back. On the hand, I don't think I can eat gold or put a roof over my head, with stuff that is all that heavy. When and if the mkt gets that bad, an MK 47, body armor, and supply of C rations might be the only tkt. to survival.]]> http://seekingalpha.com/article/86184-the-agriculture-boom-goes-bust?source=feed#comment-212832 212832
Too many experts, I don't dare sell anything right at the moment. POT, Monsanto, MOS, Mechtel, almost anything having to do with earl (petroleum). No choice but to hang in and wait...hopefully not for a vortex spiraling further downward.]]> Wed, 23 Jul 2008 21:14:43 -0400
Too many experts, I don't dare sell anything right at the moment. POT, Monsanto, MOS, Mechtel, almost anything having to do with earl (petroleum). No choice but to hang in and wait...hopefully not for a vortex spiraling further downward.]]> http://seekingalpha.com/article/85784-are-commodities-reversing-or-consolidating?source=feed#comment-209965 209965 Sun, 20 Jul 2008 14:31:13 -0400 http://seekingalpha.com/article/84727-the-precarious-problematic-potash-pyramid-at-potash-corp-part-iv?source=feed#comment-204569 204569 WHY are you still holding a LONG position in POT?]]> Sun, 13 Jul 2008 16:28:04 -0400 WHY are you still holding a LONG position in POT?]]> http://seekingalpha.com/article/84580-getting-out-of-today-s-bear-market?source=feed#comment-202926 202926 Fri, 11 Jul 2008 10:08:43 -0400 http://seekingalpha.com/article/83685-steel-coal-and-agriculture-plays-turning-over?source=feed#comment-199669 199669 Mon, 07 Jul 2008 09:55:37 -0400 http://seekingalpha.com/article/82090-will-mechel-raise-2-billion-in-a-private-placement-offering?source=feed#comment-189028 189028 Fri, 20 Jun 2008 09:21:42 -0400 http://seekingalpha.com/article/81787-a-personal-thank-you-to-momentum-investors?source=feed#comment-188511 188511 Now I am more confused than ever and in that state of mind it never pays to make a histrionic move one way or the other.]]> Thu, 19 Jun 2008 11:52:09 -0400 Now I am more confused than ever and in that state of mind it never pays to make a histrionic move one way or the other.]]> http://seekingalpha.com/article/80473-employment-report-disaster?source=feed#comment-182086 182086 Mon, 09 Jun 2008 17:34:19 -0400 http://seekingalpha.com/article/74679-between-inflation-and-interest-rates-bernanke-s-in-deep?source=feed#comment-159459 159459
Gentleman, the whole enchilada is crap shoot from beginning to end and the survivors will not only have to be very lucky but very astute at sucking up, storing for immediate recall by any/every means possible, and analyzing as much information as technologically and humanly possible.]]> Wed, 30 Apr 2008 12:33:19 -0400
Gentleman, the whole enchilada is crap shoot from beginning to end and the survivors will not only have to be very lucky but very astute at sucking up, storing for immediate recall by any/every means possible, and analyzing as much information as technologically and humanly possible.]]> http://seekingalpha.com/article/74255-there-is-plenty-to-fear-in-this-market?source=feed#comment-157492 157492 Sun, 27 Apr 2008 12:52:49 -0400 http://seekingalpha.com/article/73540-will-u-s-markets-crash-now-or-later?source=feed#comment-155257 155257 Assets rise in value periodically and decrease periodically the same way. Timing, unfortunately is everything and "timing" depends on so many variables that are beyond any one person's control or ability to measure that "fate", "kismet", "luck", etc. and........within what 7 yr. cycle one is born in largely determines one's overall sense of prosperity. Pay your money and make your choice; it's a total crap shoot.]]> Wed, 23 Apr 2008 10:32:23 -0400 Assets rise in value periodically and decrease periodically the same way. Timing, unfortunately is everything and "timing" depends on so many variables that are beyond any one person's control or ability to measure that "fate", "kismet", "luck", etc. and........within what 7 yr. cycle one is born in largely determines one's overall sense of prosperity. Pay your money and make your choice; it's a total crap shoot.]]>