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  • U.S. Steel may idle Illinois plant, explore consolidation of flat-rolled ops [View news story]
    Good way to start negotiations with the United Steel Workers....
    Oct 6, 2015. 11:45 PM | Likes Like |Link to Comment
  • United States Steel Announces Possible Consolidation of Flat-Rolled Operations [View article]
    Good tactic to negotiate new contract with USW.
    Oct 6, 2015. 11:43 PM | Likes Like |Link to Comment
  • Not time to buy railroads, Barclays says in downgrading UNP, NSC [View news story]
    Unfortunately, unless you are a long term investor, you have to think like an algorithm. Oil high buy rails because they are more competitive against trucks. Oil low sell rails because trucks are cheaper. It's really that childishly simple. Algorithms are nothing more than logic. If ....then statements. Got to herd the cattle somehow. Lost in this pure logic is the concept of value. As long as you believe the price of a stock is what the tape says it is then you will never master the game of investing.
    Oct 5, 2015. 11:28 PM | 2 Likes Like |Link to Comment
  • U.S. pushes for tobacco provision in TPP trade agreement [View news story]
    Norway but they have a small population and huge oil wealth.
    Oct 5, 2015. 12:56 AM | Likes Like |Link to Comment
  • Saudi Arabia reduces prices on oil sales [View news story]
    Unless Russia put tens of thousands of boots on the ground, air power alone will not work. What is extremely upsetting to me is every time pictures of ISIS troops are shown on the news flying the black and white banner they are in American Humvees and Abraham tanks. Something is very wrong with that.
    Oct 5, 2015. 12:43 AM | 1 Like Like |Link to Comment
  • Market Update : The Market 'Reversal' On Friday Was Impressive. Will It Be Sustained? Or Does The Market Re-Test The Lows? [View article]
    What Me Worry?

    As is my practice I buy all dips. This one is no different. There is some amazing value in the energy and materials sectors. I picked up COP, X and SDRL at bargain bin prices. None of them are going to make the 52 week high list in the coming year or even next year but five years from now they will all be significantly higher or broke. I'll take that bet.
    Oct 5, 2015. 12:19 AM | 6 Likes Like |Link to Comment
  • Tesla: The Model X Is Made For Rare Women [View article]
    "They will break. They are way to slow and snow and rain will make them a miserable feature."

    Not a very practical car but on the other hand neither is a Corvette. Seems the X has the snob appeal. That should sell a few but will it be enough? It is a ugly car. I would be more interested in the new Lincoln Continental which would be in the same price range.
    Oct 4, 2015. 01:45 AM | 3 Likes Like |Link to Comment
  • Dollar will decline on weak jobs data - Citi [View news story]
    If I was a fed president I'd talk about lighten up the fed balance sheet of long duration bonds. A flat yield curve indicates recession and a steep yield curve is a signal to banks to lend. Its time to move the long end. It would also have the added benefit of curbing big government which is totally out of control. Raise the cost of money creates a incentive to invest which is lacking while discourage the government ability to spend. The bond bull has created the slow growth environment.
    Oct 4, 2015. 01:20 AM | 1 Like Like |Link to Comment
  • Italian IPO market goes postal [View news story]
    Sell assets and paid down debt. Great idea! Maybe the US federal government should learn from this example. The federal government owns huge portions of many western states and Alaska. Sell them off and pay down debt.
    Sep 27, 2015. 12:30 AM | Likes Like |Link to Comment
  • Oil - Prices Will Not Rebound, Part 3 [View article]
    Best cure for high prices is high prices. The best cure for low prices is low prices. The market will eventually balance itself out. Investors as a general rule are a impatient bunch....
    Sep 19, 2015. 01:04 AM | 5 Likes Like |Link to Comment
  • More state support in China? [View news story]
    Like we never experienced the end of the day stick save here in the USA.......
    Sep 16, 2015. 09:19 AM | 3 Likes Like |Link to Comment
  • Fiat Chrysler, UAW reach tentative labor deal [View news story]
    This tells us nothing. What was given up? Is this a good or bad deal?
    Sep 15, 2015. 10:13 PM | 5 Likes Like |Link to Comment
  • Weighing The Week Ahead: To Hike, Or Not To Hike? [View article]
    Actually I expect the fed to move this week. It might be 1/8 of a point but they need to move. The labor market is tightening fast. Failure to tighten is more frightening than not tightening.
    Sep 13, 2015. 09:54 AM | 4 Likes Like |Link to Comment
  • Yahoo denied Alibaba spinoff ruling by IRS; shares -4.4% [View news story]
    Another fine example of the uncertainty the Obama administration inserts in everything it does. When any taxpayer requests a letter ruling on any complicated tax issue the government should be compelled to respond in a timely manor with legal recourse available from the courts in a timely manor. Otherwise we have another Keystone pipeline syndrome on our hands. No way to run a government nor business.
    Sep 8, 2015. 09:45 PM | 1 Like Like |Link to Comment
  • Automobile M&A: Place your bets [View news story]
    The only auto merger in my lifetime that actually worked is Chrysler purchase of AMC. Every other one was a disaster. Not a fan of buying a car manufacture at the top of the auto cycle.
    Sep 5, 2015. 10:49 PM | 4 Likes Like |Link to Comment