jfrits's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/279488/comments http://seekingalpha.com/article/142861-4-ways-to-ride-oil-s-ups-and-downs?source=feed#comment-544850 544850 but they, like other asian govts. are very price sensitive, and the recent demand for stocking up on oil and other commodities in the emerging markets could vaporize as oil tops $70. meanwhile the summer driving season is a bust, so i heard on fox business today that valero has just shut down a domestic refinery due to lack of demand for gas. so the chinese and others will return to buying u.s. paper for the windfall higher yields. so my guess is lower oil prices by winter, not higher, say $40 bucks give (+10) or take (-5)?
i could be wrong. iran and israel could stumble into a nuclear war, there could be a nigerian govt. coup, etc. etc. but then would not oil be boring if not trading on riveting world political developments? bring on the 3x direxion crude ETFs! trade on!]]> Fri, 12 Jun 2009 23:30:47 -0400 but they, like other asian govts. are very price sensitive, and the recent demand for stocking up on oil and other commodities in the emerging markets could vaporize as oil tops $70. meanwhile the summer driving season is a bust, so i heard on fox business today that valero has just shut down a domestic refinery due to lack of demand for gas. so the chinese and others will return to buying u.s. paper for the windfall higher yields. so my guess is lower oil prices by winter, not higher, say $40 bucks give (+10) or take (-5)?
i could be wrong. iran and israel could stumble into a nuclear war, there could be a nigerian govt. coup, etc. etc. but then would not oil be boring if not trading on riveting world political developments? bring on the 3x direxion crude ETFs! trade on!]]> http://seekingalpha.com/article/126447-why-aig-wasn-t-allowed-to-fail?source=feed#comment-430096 430096 who invented hedge funds and why? investing for tax dodgers?
the italian head of govt. said hedge funds should be illegal.
if investing is risk taking, then why make phony insurance on investments legal? an investor who wants it both ways is buying snake oil, and should not delude himself that he has an appetite for risk. that thinking made madoff and others very wealthy.
clinton had a dream: a home for every american to own. if the financial institutions had not bought into phony insurance on garbage loans, the govt. would have had to fund the mortgages with taxpayer money, not private capital. ooops, they thought they did, except when freddie and fannie failed, they found out they didn't.]]> Wed, 18 Mar 2009 00:04:01 -0400 who invented hedge funds and why? investing for tax dodgers?
the italian head of govt. said hedge funds should be illegal.
if investing is risk taking, then why make phony insurance on investments legal? an investor who wants it both ways is buying snake oil, and should not delude himself that he has an appetite for risk. that thinking made madoff and others very wealthy.
clinton had a dream: a home for every american to own. if the financial institutions had not bought into phony insurance on garbage loans, the govt. would have had to fund the mortgages with taxpayer money, not private capital. ooops, they thought they did, except when freddie and fannie failed, they found out they didn't.]]> http://seekingalpha.com/article/125956-treasury-still-going-nowhere?source=feed#comment-425859 425859 duh?
btw, now we find out that greenspan was a fraud -- according to wikipedia he was given a PhD without ever doing a dissertation!! his main expertise was as a saxophone musician [maybe why clinton kept him on when his tenure came up for renewal?]. its verified that
helicopter Ben bernanke has earned a phd, but of course all grad degrees have been diluted since greenspan's student days.]]> Sat, 14 Mar 2009 16:45:04 -0400 duh?
btw, now we find out that greenspan was a fraud -- according to wikipedia he was given a PhD without ever doing a dissertation!! his main expertise was as a saxophone musician [maybe why clinton kept him on when his tenure came up for renewal?]. its verified that
helicopter Ben bernanke has earned a phd, but of course all grad degrees have been diluted since greenspan's student days.]]> http://seekingalpha.com/article/125625-aaa-rated-companies-and-then-there-were-six?source=feed#comment-425855 425855 however cnbc has a guy called cramer who tries to "rate" CEO's, but it is hit and miss [e.g. aubrey mcClendon]. probably because cramer is a loonie tune, it is more miss than hit. ]]> Sat, 14 Mar 2009 16:34:06 -0400 however cnbc has a guy called cramer who tries to "rate" CEO's, but it is hit and miss [e.g. aubrey mcClendon]. probably because cramer is a loonie tune, it is more miss than hit. ]]> http://seekingalpha.com/article/125909-don-t-watch-cnbc?source=feed#comment-425832 425832 btw, i DO listen to rick, pisani, the nasdaq guy, as they are giving accurate battle info that is up to the min.
and fire whoever put Karen Fineman on a panel of boisterous traders [Fast Money, the after-hours discussion show]. her only plus is that she never interrupts anybody, and that's because she doesn't have anything to contribute, except a perpetual short-seller's scowl.]]> Sat, 14 Mar 2009 15:55:55 -0400 btw, i DO listen to rick, pisani, the nasdaq guy, as they are giving accurate battle info that is up to the min.
and fire whoever put Karen Fineman on a panel of boisterous traders [Fast Money, the after-hours discussion show]. her only plus is that she never interrupts anybody, and that's because she doesn't have anything to contribute, except a perpetual short-seller's scowl.]]> http://seekingalpha.com/article/125954-in-defense-of-cnbc-sort-of?source=feed#comment-425819 425819 why? the only advertisers they can get are "rag-peddlers" e.g. the shammy cloth, or snake oil daytrading brokers, e.g. E-trade, whose ad showing a baby barfing at the camera is supposed to turn who on? new mothers who just lost their mortgage?
without a dish network dvr, it is not watchable, without fast forwarding past the ads and past the repulsive "reporters" like that bridge troll, the bald headed obama butt-wort steve liesman. also every time i see bartiromo, i wonder why she wasn't fired for illegal trading just before she went on camera with a story that affected her prior trade.
by the way, one of the rare good guys, rick santelli, has not been seen for two trading days, thu. and fri. [uh oh, its friday the 13th] -- is he on "leave" or worse?]]> Sat, 14 Mar 2009 15:28:39 -0400 why? the only advertisers they can get are "rag-peddlers" e.g. the shammy cloth, or snake oil daytrading brokers, e.g. E-trade, whose ad showing a baby barfing at the camera is supposed to turn who on? new mothers who just lost their mortgage?
without a dish network dvr, it is not watchable, without fast forwarding past the ads and past the repulsive "reporters" like that bridge troll, the bald headed obama butt-wort steve liesman. also every time i see bartiromo, i wonder why she wasn't fired for illegal trading just before she went on camera with a story that affected her prior trade.
by the way, one of the rare good guys, rick santelli, has not been seen for two trading days, thu. and fri. [uh oh, its friday the 13th] -- is he on "leave" or worse?]]> http://seekingalpha.com/article/125804-cramer-grilled-on-jon-stewart?source=feed#comment-425776 425776 are the details of the housing bubble? another coverup by the liberal obama butt-worts? didn't clinton create the program that destroyed credit-worthy standards for potential home buyers? now that the dam has burst, can't we get a new political party into power that will not let the idiots who created the tsunami try to apply bandaids and destroy what is left of the u.s. and its economy? we no longer have two opposing political parties, and the result will be to turn a tragic, misguided mistake into a national catastrophe. most of the money to be made in the aftermath will be by parasitical lawyers and their corrupt judge allies, bandits posing as robin hoods raiding what is left of the corporate wealth of this country.]]> Sat, 14 Mar 2009 14:34:42 -0400 are the details of the housing bubble? another coverup by the liberal obama butt-worts? didn't clinton create the program that destroyed credit-worthy standards for potential home buyers? now that the dam has burst, can't we get a new political party into power that will not let the idiots who created the tsunami try to apply bandaids and destroy what is left of the u.s. and its economy? we no longer have two opposing political parties, and the result will be to turn a tragic, misguided mistake into a national catastrophe. most of the money to be made in the aftermath will be by parasitical lawyers and their corrupt judge allies, bandits posing as robin hoods raiding what is left of the corporate wealth of this country.]]> http://seekingalpha.com/article/116167-geithner-on-yuan-misstep-or-warning-shot?source=feed#comment-364669 364669 Fri, 23 Jan 2009 20:37:48 -0500 http://seekingalpha.com/article/115748-apple-like-starbucks-and-whole-foods-a-trend-that-s-past-its-prime?source=feed#comment-364649 364649
]]> Fri, 23 Jan 2009 19:59:37 -0500
]]> http://seekingalpha.com/article/109582-own-gold-time-to-fold?source=feed#comment-333642 333642 Fri, 19 Dec 2008 02:30:40 -0500 http://seekingalpha.com/article/111208-great-depression-not-imminent-but-inevitable?source=feed#comment-333604 333604 Thu, 18 Dec 2008 23:51:56 -0500 http://seekingalpha.com/article/109415-the-end-of-excess?source=feed#comment-322296 322296 Sat, 06 Dec 2008 01:10:47 -0500 http://seekingalpha.com/article/106609-stocks-over-100-and-under-10?source=feed#comment-314309 314309 Tue, 25 Nov 2008 00:53:29 -0500 http://seekingalpha.com/article/105061-should-we-really-bail-out-the-big-three-automakers-with-73-20-per-hour-labor?source=feed#comment-304735 304735 For all you USA-haters:
even tho we are in a worldwide auto industry sales slump,
how is it that i, for less than $50K, was able to buy the world's best, most beautiful street-driven sports car, made by any company, at any price? and this from a stupid, non-competitive, bloated, union-riddled car company that has "had to" export thousands of labor jobs to factories in canada and elsewhere. oh, i forgot, it was made by good ole overpaid union rednex in the "country" of kentucky, not the capital of the rust belt, Detroit? wanna guess the avg. salary of the white-collar engineers?

[hint: this auto co. didn't want to leave their financial ops, crucial to sales, with the degenerate greedy pigs on wall st., so they took the initiative to do their own banking. altho a courageous move, they, like the rest of "main street" regional banking industry got hurt because the elected and executive govt. & their regulatory agencies were looking the other way and buying the Clinton kool-aid: a chicken in every pot? a mortgage for every home buyer? a medical plan for every patient? a college education for every high school grad? (or is it a h.s. ed. for every college grad)? a bailout for every incompetent financial crook? a dollar for every Yen? a ... a ...].

p.s. wish they could release the phone records into the capitol switchboard for the past 2 yrs from area code 212 and NJ/CN area. if the 911 investigation could be whitewashed, why not again? don't worry, they won't have time to figure it out before the next admin. drops the next shoe:
GLOBAL HYPER-INFLATION which will result in desperate nations resorting to the desperate measures of the 30's: tariffs and/or disguised barriers to trade and immigration, restrictions on hard asset ownership, etc. [hope my $2 F stock goes up first, tho, so i can buy gold w/the profits].


]]> Thu, 13 Nov 2008 00:02:35 -0500 For all you USA-haters:
even tho we are in a worldwide auto industry sales slump,
how is it that i, for less than $50K, was able to buy the world's best, most beautiful street-driven sports car, made by any company, at any price? and this from a stupid, non-competitive, bloated, union-riddled car company that has "had to" export thousands of labor jobs to factories in canada and elsewhere. oh, i forgot, it was made by good ole overpaid union rednex in the "country" of kentucky, not the capital of the rust belt, Detroit? wanna guess the avg. salary of the white-collar engineers?

[hint: this auto co. didn't want to leave their financial ops, crucial to sales, with the degenerate greedy pigs on wall st., so they took the initiative to do their own banking. altho a courageous move, they, like the rest of "main street" regional banking industry got hurt because the elected and executive govt. & their regulatory agencies were looking the other way and buying the Clinton kool-aid: a chicken in every pot? a mortgage for every home buyer? a medical plan for every patient? a college education for every high school grad? (or is it a h.s. ed. for every college grad)? a bailout for every incompetent financial crook? a dollar for every Yen? a ... a ...].

p.s. wish they could release the phone records into the capitol switchboard for the past 2 yrs from area code 212 and NJ/CN area. if the 911 investigation could be whitewashed, why not again? don't worry, they won't have time to figure it out before the next admin. drops the next shoe:
GLOBAL HYPER-INFLATION which will result in desperate nations resorting to the desperate measures of the 30's: tariffs and/or disguised barriers to trade and immigration, restrictions on hard asset ownership, etc. [hope my $2 F stock goes up first, tho, so i can buy gold w/the profits].


]]> http://seekingalpha.com/article/96723-what-effect-will-hyperinflation-have?source=feed#comment-290112 290112 ]]> Sat, 25 Oct 2008 00:42:19 -0400 ]]> http://seekingalpha.com/article/99674-coming-soon-the-600-trillion-derivatives-emergency-meeting?source=feed#comment-288393 288393 TUPPERWARE!!! [TUP]. Yup,
thanks for a great article, great comments and poetry. just needed a biblical passage or two [Isaiah is my fav]. ]]> Thu, 23 Oct 2008 01:50:38 -0400 TUPPERWARE!!! [TUP]. Yup,
thanks for a great article, great comments and poetry. just needed a biblical passage or two [Isaiah is my fav]. ]]> http://seekingalpha.com/article/101242-ballmer-needs-to-live-up-to-the-hype?source=feed#comment-288301 288301 long live YAHOO! i'll never have to look at an Omega charting/market tools glossy brochure again! by the way, the ads are less disturbing than TV -- e.g. the Wentworth victims screaming at Billy May -- except for that sexy dish network ad for their own PPV "hot bodies" special!
]]> Wed, 22 Oct 2008 21:40:42 -0400 long live YAHOO! i'll never have to look at an Omega charting/market tools glossy brochure again! by the way, the ads are less disturbing than TV -- e.g. the Wentworth victims screaming at Billy May -- except for that sexy dish network ad for their own PPV "hot bodies" special!
]]> http://seekingalpha.com/article/99699-chesapeake-bites-mclendon?source=feed#comment-282476 282476 if u know so much about "how capitalism works", then you should know that such asinine viewpoints led to an extended downturn and delayed recovery in the early 30's, major bank failures which rippled throughout smaller regional banks, britain going off the gold std., japan "militarizing" their economy, and eventually their entire economy/society/region... i rec. you start with: The House of Morgan (1990) by Ron Chernow [esp. ch.16 "Crash" and ch.17 "Depression" and ch.35 "Bull"]. if u see a lehman bros. company ferrari smashed head-on into a racetrack wall, i don't think an observation like "that's how motorcars work folks!" is very helpful-- i rec. you trade in your car for a wheelbarrow so you can load up on printed money to buy a loaf of bread; see, capitalism can "work" like THAT sometimes too! ]]> Tue, 14 Oct 2008 19:36:59 -0400 if u know so much about "how capitalism works", then you should know that such asinine viewpoints led to an extended downturn and delayed recovery in the early 30's, major bank failures which rippled throughout smaller regional banks, britain going off the gold std., japan "militarizing" their economy, and eventually their entire economy/society/region... i rec. you start with: The House of Morgan (1990) by Ron Chernow [esp. ch.16 "Crash" and ch.17 "Depression" and ch.35 "Bull"]. if u see a lehman bros. company ferrari smashed head-on into a racetrack wall, i don't think an observation like "that's how motorcars work folks!" is very helpful-- i rec. you trade in your car for a wheelbarrow so you can load up on printed money to buy a loaf of bread; see, capitalism can "work" like THAT sometimes too! ]]> http://seekingalpha.com/article/99699-chesapeake-bites-mclendon?source=feed#comment-282388 282388 if u know so much about "how capitalism works", then you should know that such asinine viewpoints led to an extended downturn and delayed recovery in the early 30's, major bank failures which rippled throughout smaller regional banks, britain going off the gold std., japan "militarizing" their economy, and eventually their entire economy/society/region... i rec. you educate yourself in the basics of capitalism: i rec. reading: The House of Morgan (1990) by Ron Chernow [esp. ch.16 "Crash" and ch.17 "Depression" and ch.35 "Bull"]. if u see a lehman bros. company ferrari smashed head-on into a wall, i don't think an observation like "that's how motorcars work folks!" is very helpful-- if u think so, i rec. you trade in your car for a wheelbarrow so you can load up on printed money to buy a loaf of bread, as capitalism might "work" like THAT sometimes too!
btw, i am neutral on all common stocks, exc. slightly bullish on recession "resistant" issues that can pay high yields in an econ. downturn, altho i agree with you on the likelihood of finding these kinds of bargains in a much smaller, more manipulatable marketplace like some forex's.
]]> Tue, 14 Oct 2008 17:18:07 -0400 if u know so much about "how capitalism works", then you should know that such asinine viewpoints led to an extended downturn and delayed recovery in the early 30's, major bank failures which rippled throughout smaller regional banks, britain going off the gold std., japan "militarizing" their economy, and eventually their entire economy/society/region... i rec. you educate yourself in the basics of capitalism: i rec. reading: The House of Morgan (1990) by Ron Chernow [esp. ch.16 "Crash" and ch.17 "Depression" and ch.35 "Bull"]. if u see a lehman bros. company ferrari smashed head-on into a wall, i don't think an observation like "that's how motorcars work folks!" is very helpful-- if u think so, i rec. you trade in your car for a wheelbarrow so you can load up on printed money to buy a loaf of bread, as capitalism might "work" like THAT sometimes too!
btw, i am neutral on all common stocks, exc. slightly bullish on recession "resistant" issues that can pay high yields in an econ. downturn, altho i agree with you on the likelihood of finding these kinds of bargains in a much smaller, more manipulatable marketplace like some forex's.
]]>