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PROXIMO

PROXIMO
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  • Trading Obama: Solar Stocks, GM Debt, Ambac Calls, Lorillard and Goldman Puts [View article]
    Thanks.


    On May 22 12:04 AM Greg Weston wrote:

    > Jarret and Proximo: Thank you for your kind words. I do have another
    > GM column in the works.
    >
    > I will continue to write for Seeking Alpha when I have any free time
    > away from my legal practice.
    May 23 10:10 AM | Likes Like |Link to Comment
  • Today's Irony: S&P's Opinion on Sovereign Debt [View article]
    I'd trust Bill Gross like I'd trust a snake.
    May 22 01:57 PM | 1 Like Like |Link to Comment
  • The Mysterious Case of the Vanishing Bull Volume [View article]
    Surprise,surprise. The fix is in.
    May 22 12:38 PM | 3 Likes Like |Link to Comment
  • It's Nothing To Do with Future Earnings [View article]
    Enjoyed the article, but do not share your opinion. I believe there is much trouble ahead, based on the most popular reasons already laid out many times on the SA site.
    May 21 01:24 PM | 3 Likes Like |Link to Comment
  • Jim Cramer Master Class [View article]
    News to me. I would have thought Cramer much less effective than your standard, two sided coin.
    May 21 01:06 PM | 5 Likes Like |Link to Comment
  • BAC: Where Are the Damn Cops? [View article]
    Thanks for the candid take on the bank activity. This sh#t is ongoing and it is rampant. It honestly would not bother me if some of the biggest crooks were prosecuted with life sentences/ no possibility of parole. Maybe some of the other white collar thieves would get the message. Of course the problem, as everyone not in a coma is keenly aware, is that those responsible for upholding the laws are just as crooked as the inside on-the-take dealers. If Madoff or Stanford currently faced the possibility of lethal injection, you can bet there'd be a helluva lot less whitecollar crime(read-taxpayers getting screwed).
    May 20 03:46 PM | 4 Likes Like |Link to Comment
  • Sucker's Rally? Decide for Yourself [View article]
    EF--Thanks for the info. Enjoyed your article.


    On May 20 02:48 PM Everyday Finance wrote:

    > Alpha - EDZ - for each leveraged ETF, there is an equal and opposite
    > ETF. Note that these are DAILY volatility resets and lose value
    > over time, even when underlying index moves up. I don't recommend
    > as long term holds, more for trades.
    >
    > Proximo - I was net long in 2008 into 2009 but with much more caution
    > than in the boom years. I did have several different hedged positions,
    > puts, sold calls, etc. which softened the blow quite a bit and actually
    > generated the free cash to go on a shopping spree in March. These
    > trades are all outlined in real time at syndicated outlets such as
    > SeekingAlpha. In my source article at EverydayFinance I actually
    > linked to several articles which tracked my trades in real time.
    >
    >
    >
    May 20 03:31 PM | Likes Like |Link to Comment
  • U.S. Markets Propped Up by Delirious Toxicity [View article]
    Goldman/ Treasury arrangement reeks of behind-the-scenes deals. Ample precedent for it, if you've read Tim Metz book Black Monday, which provided an up close look at how the stock market was turned (manipulated) by the government and trading floor specialists in the 1987 meltdown. It bought them time in 1987 to recover. I don't think it works now. Far too much toxic sh#t everywhere, mainly banks, autos, and real estate. Someone has to pay. It will be the taxpayers.
    May 20 02:40 PM | 1 Like Like |Link to Comment
  • Sucker's Rally? Decide for Yourself [View article]
    "Somebody was selling at the trough in early March. And I was buying." Why do I think you were buying all the way down to March to?
    May 20 02:19 PM | Likes Like |Link to Comment
  • Debunking Citron's Hit Job on World Acceptance Corp. (Part 2) [View article]
    This article reeks of desperation. Andrew Left's short record is stellar. No way I'd own WRLD.
    May 20 11:06 AM | 2 Likes Like |Link to Comment
  • 2 Concerns with Michael Lewis's Review of Buffett Book 'The Snowball' [View article]
    This is not the first time Michael Lewis has slammed Buffet in a pathetic attempt to profit from Buffet's reputation.
    May 19 02:16 PM | 5 Likes Like |Link to Comment
  • My Favorite Financial Blogs [View article]
    Terrific information. Thanks.
    May 18 12:38 PM | 1 Like Like |Link to Comment
  • CIVIL UNREST THIS SUMMER? [View instapost]
    As the economy heads south, the anger of the underclass will be more pronounced. Not that the politicians give two sh#ts. The average citizen struggles to pay his bills while the politicians ride around in limos with hookers.
    May 16 11:38 PM | Likes Like |Link to Comment
  • Will China's Ideological Crisis Overwhelm Stimulus Spending? [View article]
    The above Canadian newspaper, The Province, said in its May 12th issue that Rakesh suffered a stroke in March, and lost use of his left arm and side. He appeared in court in a wheelchair. I hate it that he's not posting articles now, as he was one of my favorites. I hope his medical and legal issues end up being resolved such that he has much to look forward to.
    May 15 10:58 PM | Likes Like |Link to Comment
  • How Should We Improve Seeking Alpha's Comment Rating System? [View instapost]
    doubleguns said "However whatever the solution I don't want to see a bunch of complicated mumbo jumbo because simplicity is harmony. Just get rid of the abuse." I agree. It would really be a shame to inadvertently turn readers away in an attempt to improve the system.
    May 14 11:46 PM | 4 Likes Like |Link to Comment
COMMENTS STATS
368 Comments
803 Likes