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Momintn

Momintn
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  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    "Conclusions:
    In a previous post, it was put forward that avoiding the cliff would cause the market to rise to 1500, while falling off the cliff would cause the market to fall to 1330. However, at that time I was speculating about the odds for reaching a deal by year's end. It is expected that an extended period beyond 1/1/2013 without a deal in place will cause the market to price in a recessionary scenario."

    Surely you realize that the majority of people think your speculation and the speculation of the market to move it up or down for your own profit is the main problem. And that the political system is secondary as it does nothing to curtail speculation leading to recession. If you and everyone else prices in a recession, how will companies hire?
    Dec 30 11:15 AM | Likes Like |Link to Comment
  • Buy Zones: 5 Low-Beta Dividend Stocks For Retirees To Consider Post Election (Part 2) [View article]
    A stock you should watch is Pfizer. According to Motley Fool blogger, " The pharmaceutical titan has an excess of 80 drugs in clinical and regulatory stages and its pipeline will hopefully receive a boost next year. " The dividend yield is 3.8% so I would wait for the dividend yield to be more than 4%. Hopefully we will get a big dip in a few days, when I will add to my positions. Right now, I am holding with no plan to sell it.
    Dec 30 11:01 AM | Likes Like |Link to Comment
  • Buy Zones: 5 Low-Beta Dividend Stocks For Retirees To Consider Post Election (Part 2) [View article]
    It looks like insiders and institutions are accumulating shares. A price of $39 or below would be a good place to buy.
    Dec 30 10:49 AM | Likes Like |Link to Comment
  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    The thing is that most people no longer care about the stock market or what economists think. When you lose the confidence of the majority of the people, you cannot control how they think or how they vote...
    Dec 30 10:24 AM | Likes Like |Link to Comment
  • Is IBM In Trouble? [View article]
    At some point, tech becomes a real bargain. I keep wondering if we are here yet.
    Dec 30 10:19 AM | Likes Like |Link to Comment
  • Is IBM In Trouble? [View article]
    I've lost very small investments too in Delta Airlines, Worldcom, and held AOL for years while losing my gains. When the tech bubble burst , I lost some of my gains, but I was not weighted in tech. Fortunately for me, I didn't sell anything in 2009, actually bought stock at record low prices, and my IBM stock continued to grow. You should stick with Brk.
    Dec 30 10:13 AM | Likes Like |Link to Comment
  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    "Second, even if Americans had decided to throw away the Constitution and individual liberty and justice for all in favor of an all powerful central government dominated by an individual leader who draws his power by attempting to inflict both the tyranny of the majority and the power of his elite financial backers upon all those caught in the middle, they certainly wouldn't want economic policies to be based upon political considerations rather than sensible economic development goals such as those established by the Chinese Communist Party. The focus on increasing taxes on those making more than $250k per year in order to fund INCREASED spending on social programs that endear his voter base is grounded in politics not economics, and the US will not be an effective global competitor if we go deeper into debt to "protect the little American children" while China targets strategically important industries and then unleashes the forces of entrepreneurship among its people to take control over these industries vital to economic growth and development."

    This part makes little sense to me. If you actually read the Constitution it begins.
    "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
    It seems to me that Republicans like to talk about liberty and justice without considering that there is more to it. Do we have a perfect union? Do those without means have access to justice? How is the general welfare going? Have we secured the blessings we enjoy for posterity? The Constitution isn't a document you can waive when you are faced with the consequences of many people losing their homes and jobs from a financial system which refused to regulate itself, allowed foreign financial institutions to determine the worth of our assets, and made the American taxpayer bail them out. It's one thing to bail out our own banks; The Constitution certainly doesn't say anything about preserving the financial systems in other countries who make money placing bets on our economy. The Constitution is not a document which favors a wealthy elite to become so powerful that they can control what everyone else has or doesn't have, making your assets disappear in less than a year.
    Dec 30 09:58 AM | 2 Likes Like |Link to Comment
  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    I agree with much of your post but keep in mind that the overruns come from private contractors.
    Dec 30 09:33 AM | Likes Like |Link to Comment
  • CorEnergy: An Undervalued Play On Energy Infrastructure [View article]
    My Reit mutual funds have done very well and I don't have to figure out which Reits to buy. I did get hit this year and last year with taxes.
    Dec 30 09:30 AM | Likes Like |Link to Comment
  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    I disagree because I don't think that corporations are impacted that much from government debt. Corporations have the highest revenue and earnings ever in history, and for a majority, are going higher. What they want is to know what taxes they are going to pay and what payroll and healthcare expenses they are going to have to pay. If this can be settled, then they can move forward with their business plans.
    Dec 30 09:28 AM | Likes Like |Link to Comment
  • Approaching The Fiscal Cliff As A Nash Equilibrium [View article]
    It is best to stick with your investment plans because when you wait you tend to buy at higher prices. No one knows the best time to buy or the lowest price in a stock. If you sell puts, you will be obligated to buy stock if it goes lower so make sure this is the stock you want to own. And if you really want to buy the stock, you may not get it at this price. The longer you wait, the higher price you may pay to buy the same stock that you could have bought on a dip. Use limit orders and buy when people are fearful or on vacation.
    Dec 30 09:18 AM | Likes Like |Link to Comment
  • Is IBM In Trouble? [View article]
    I agree with you. Amazon's EPS is 7 cents. Not sure why because I sold my shares a long time ago and stopped following it.
    Dec 29 06:06 PM | Likes Like |Link to Comment
  • Herbalife: Value Pick Or Short Candidate? [View article]
    Never take a position because a hedge fund is. For all you know, they are selling their positions to you and you will be holding the bag.

    I'm staying away from all these MLM companies because if there is ever an investigation into any of them for a pyramid scheme they will all go down.

    Investing these days is hard enough without taking unnecessary risks.
    Dec 29 04:55 PM | 1 Like Like |Link to Comment
  • National Oilwell Varco, An Even Better Buy By Buying Robbins & Myers [View article]
    HFT computers...
    Dec 29 03:39 PM | Likes Like |Link to Comment
  • Is IBM In Trouble? [View article]
    So how much did you lose betting against Apple?
    http://bit.ly/WQGKlP
    10/25/01
    "Don't buy Apple's (AAPL_) stock. And if you own it, sell it. I know the company has a core following that is loyal, even cultlike, but the broader base of believers has been steadily eroding for years."
    Apple has gained 5,258.46% since that date.
    Dec 29 01:06 PM | Likes Like |Link to Comment
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