zayttrader

Bernanke Desperate, Fed Out of Ammo

The Federal Reserve Bank is unconstitutional. So is the income tax.

Everybody stop paying taxes, head for your bunkers and look out for black helicopters! Break out the tin foil hats everybody!

Linn Energy: Safe Dividends, Speculative Upside

Sorry Paul, you're completely wrong. They have hedged for 4 years out - 100% for the first 3 years. Their basis hedges go six years into the futures. They have no need to put any more hedges in place for at least two years.

They are NOT primarily NG. That's a bunch of crap. They are 48% NG.

Strongest 2-Month Capital Goods Orders Increase in More than 4 Years

Bingo, CautiousInvestor,

If we believe Mark, Larry, et al. DOWN is the new UP.

When a measure is down -6%, then -5%, then -12%(!), a slight increase looks like a big deal. It isn't. YOY, it's still down huge.

Who gives a rip if the 2nd derivative is up. Down is still down!

10 Dangerous Stocks to Avoid

Yeah, let's look at EPD vs. the S&P.

finance.yahoo.com/q/bc...=^GSPC

Looks like it has outperformed by about 140%. Oh, that's without distributions. Compound those in and you get 200% outperformance.

You want to short EPD? Go ahead, make my day.

There's Unemployment ... And Then There's Unemployment

On Jan 10 09:53 AM Bruce W. Cain wrote:

> Obama needs to do the following immediately or we may correctly lable
> him a TRAITOR to the American people:
>
> * A Complete halt on Legal Immigration for at least 10 years begining
> immediately
> * Universal manadate for all employers to implement E-Verify on both
> new and existent workers. This will send the illegals and Visa overstays
> home.
> * An immediate moritorium on all foreclosures and evictions from
> primary residences should they be homes or apartments.
>
> Concurrent with this Obama needs to implement all 10 planks of the
> "New Agenda for America:"
>
>
> NEW AGENDA FOR AMERICA: Preliminary Planks
> ======================...
> Help Influence the 2008 Presidency
> [More info: www.newagecitizen.com and click on topic]
> [Video: www.newagecitizen.com/...]
>
> (1) Universal Health Care for All American Citizens

you forget plank #11

#11. UNLIMITED FREE TIN-FOIL HATS FOR EVERYONE!

Broadband: Why Government Investment Is Justified Now

Alas, so many non sequiters, so little time. I like this one:

"The private sector has failed us. We've slipped from being the world's leader in Internet access to number 15 and the slippage is still going on."

You're leaping to the rather fatuous conclusion that creating the most/fastest access in the world is the best expenditure of our money. Should it really be a national priority to enable Mark Sadowski (posting above) to build his video library?

Our local high school has a 60% graduation rate. Spending money so that they can download the latest movies or Britney Spears videos at 1000mbs isn't going to do jacks**t to address that. It's just going to divert resources from decent instruction and the productive companies that might employ these kids.

Oil Income Stocks Decline to New Price Lows

<<<Linn Energy Energy (LINE) has derivative contracts that pay oil and gas prices higher than the current futures prices, but similar hedging has not insulated Encore Energy Partners (ENP), nor PWE, PGH and ERF from steep stock price declines.>>>
LINE is 100% hedged for 4 years. Most of these other names (particularly the Canroys) are only hedged for 1 or 2 years and only at 20%-30%.

Essential Investment Tool: Basic Economic Literacy

Construct & Jeff,

"stimulus" packages worked wonders for Japan didn't they? The Japanese govt. has sunk money into massive public works projects for over a decade and all they've achieved is one of the largest public debt/GDP ratios in the developed world.

It bogles my mind that some people still believe that taking money from productive companies and individuals through higher taxes (or indirectly through crowding out), and handing it to govt. agencies and incompetent companies like GM will somehow create economic growth. Truly stunning. Such a belief can only breed in the brackish waters of abject economic illiteracy.

Options Trader Monday Outlook: Global Pandemic Edition

At least on one point, we know that you vacuously repeat things you haven't verified: the Chinese symbol for crisis:

www.pinyin.info/chines...

Why should we put credence in anything else you say?

Oil Income Stocks Decline to New Price Lows

On Dec 30 11:47 AM aitvaras wrote:

> Pinelli:
>
> This particular Article is a reprint of one originally posted on
> Dec. 5th, 2008. Had you bought 500 shares of LINE on that or the
> subsequent day, you would have made over $1700 or enough to pay for
> Mr. Wulff's advice.

Huh? Wulff was suggesting that LINE investors should "seriously consider switching to other income stocks." IOW, he would have had them sell at $11.20. The stock closed at $14.98 today. That's really bad advice even for Wulff.

For a long time he has been ranting against KMP. Yet, if you had bought it when he was trashing it, you would have outperformed the market and his own recommendations by double-digits. Wulff's problem is that Rich Kinder once humiliated him for being completely ignorant during a conference call.

Essential Investment Tool: Basic Economic Literacy

"Stimulus packages do not work. This is wrong because any stimulus creates new demand at the margin. "

If you actually believe stimulus packages work, why stop at 1 trillion? Why not do $100 trillion? Hilarious. You're a poster child for economic illiteracy.

Better yet, let's all take money out of our right pockets and put it into our left pockets. We'll all get rich!! Great thinking Jeff!

Firesale in Oil and Gas (Upstream) Limited Partnerships

These stocks do seem to have a good floor under them because of their hedging strategies. The time to buy may be upon us....

Penn West Buffers Its Balance Sheet

Whatever the case, it's fun to compare LINE to the stocks you've been recommending over the last year. Looks like it's beaten them by about 40%.

How Long Will the Bear Market Last?

You're so right. Sell everything now! Even gold is suspect. Buy canned goods! Buy ammunition! Buy generators! Buy tinfoil hats!

How Oversold Are We?

YOU are my contrarian indicator. When you give up and sell all your longs in disgust, than and only then, we will have reached bottom.

I expect you to do so shortly. ;-)