Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
A good point. Anyone who thinks the government can take tax dollars and return anything but pennies doesn't understand how the politicians work. They buy votes from people who don't understand that they are paying many dollars in return for a few cents back. When the us dollar becomes more worthless in a few years maybe some of the people who don't understand the article will see how the government is making all our money worth less.
No one knows the future. I'm with you and just follow the slope of the SPY 30 day moving average. If its up then buy and keep raising the stop. If it's flat or down then wait. Last year was mostly waiting as was the first quarter of this year. Now again it's flat so time to wait and see. If this week is down I expect much more waiting. Something a retired person can't afford not to do.
Corruption in the Executive Branch? [View article]
You're only hitting the tip of the iceburg as far as corruption in DC and it's only getting worse with the payback to unions and others like Obama who only live off other peoples labor, our tax dollars. I hit the sweet spot working from the 60's, but don't see the same for my kids over the next 40 years in the US.
too much leverage for me. Each time the exchange allows more tricks the further away it gets from the fundamentals. Until there is some sence, cents, in the market I'll stay away.
Is There a Government Gameplan for the Long Haul? [View article]
All the government spending is making matters worse. I agree that the less government does the better off all of us are. Let the spenders of our tax dollars fight for years and do nothing. That's how they keep their jobs.
when they write off the commercial losses of ge capital which has provided the profits for the company these last years the stock will collapse and then maybe they will get a new board and management and go back to their basic businesses, which are now the ones needed to save the company. good luck even keeping a 3% yield with the true price of properties on their books are written down and with their leverage that overwhelms any profits from other divisions.
Current Recession Is Tracking the 1930s Bear Market [View article]
watch unemployment and government spending. when unemployment starts declining then you'll see inflation. be realistic. no one over 55, the people with the money, have time to ride this cycle that keeps having bigger and bigger swings. wall street has killed the goose which lays the golden eggs with leverage, etf's, and exotic plays that don't have anything to do with profits. the ride since the 30's is over.
Commercial Real Estate Likely to Usher In Next Leg of Financial Crisis [View article]
With commercial real estate leveraged so high and now with the value way down I can't see how the banks get away without writing down these loans. When the true values comes out I think you will see another down draft for banks in line with the reits.
New Bull Market or a Bear Market Rally? [View article]
a good article that tells you to be prepared and don't be a pig. i keep my stop losses tight and won't be buying any more stocks until fall, if the market is over 6,000 at that time. if i miss a big ralley being not fully invested, at least i'll sleep well at night.
If Stupidity Got Us into This Mess, Why Can't It Get Us Out? [View article]
godd article. having a balanced government so they can't do anything is the best cure as this time. the banks will hold on to their worthless house loans as long as they think the government will bail them out. if there is no bail out the free market buys up the junk and the banks take the hit they need to because of their bad lending practices.
if you look at the tech's, qqqq from 2000 to 2003 you'll see it dropped 80% with a few intermittent rallies. The economy is much worse now and I see the dow doing the same over the next couple of years, which puts it in the 3,000's in a couple of years. seems like good investors should be ready for either case.
GE: Still a Compelling Proposition for Value Investors [View article]
GE CAP is in big trouble and when they start writing down all their commercial loans you'll see the cash flow go negative fast. Lets wait and see who is right, but i'm not a buyer of ge here or at 5.
Seven Uncomfortable Predictions for the Economy [View article]
I AGREE. THE ONLY THING THAT WILL SAVE US IS IF CONGRESS SEE'S OBAMA'S "ROAD TO HELL" FOR WHAT IT IS. IF THE DOLLAR CONTINUES TO STRENGTHEN THEN YOU KNOW THE SMART MONEY BELIEVES CONGRESS WILL NOT PASS HIS MORTGAGE THE FUTURE BILL.
timmy's plan will be a bait and switch. it won't go for bad home debt, but for all the other credit card and toxic assets the banks are carrying. If congress approves this plan you can bet they will burnt again and again and again.
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Latest | Highest ratedCash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
Just Follow the Trend [View article]
Corruption in the Executive Branch? [View article]
I hit the sweet spot working from the 60's, but don't see the same for my kids over the next 40 years in the US.
How Investors Can Trade the Dollar [View article]
Is There a Government Gameplan for the Long Haul? [View article]
Time to Reenter GE [View article]
Current Recession Is Tracking the 1930s Bear Market [View article]
Commercial Real Estate Likely to Usher In Next Leg of Financial Crisis [View article]
How to Deal with This Market [View article]
New Bull Market or a Bear Market Rally? [View article]
If Stupidity Got Us into This Mess, Why Can't It Get Us Out? [View article]
U.S. Market Returns by Year [View article]
GE: Still a Compelling Proposition for Value Investors [View article]
Seven Uncomfortable Predictions for the Economy [View article]
The Geithner 'Some' Plan [View article]