ligap@prodigy.net

ligap@prodigy.net
Send Message
View as an RSS Feed
  • Pure Insanity In Market Sentiment  [View article]
    Mike:
    One more for your list of human frailities, The Madness of Crowds.

    For 6.5 years the stock sellers have be saying 2 things, Buy The Dip & The Fed's Got Your Back.
    Nobody believed that QE3 would really stop.

    I'm ignoring the ongoing frauds of Mark-2-Market and Glas-stegall being cancelled.

    This chain reaction of declining market segments reminds me of the 1970's when another big population group retired. The market stagnated un til 1981.
    Feb 1, 2016. 02:50 PM | 4 Likes Like |Link to Comment
  • Global Stock Rout Continues With Oil Below $28  [View article]
    If financials are a bright spot, why is the long ETF FAS going down? Dec 02'15 $32.67 AND today $18.58

    Why is the Short/Inverse ETF FAZ going Up? Dec 02'15 $38.06 AND today 61.45
    Jan 20, 2016. 04:04 PM | Likes Like |Link to Comment
  • Are You Experienced?  [View article]
    Do you tell your children to stay outside when a thunderstorm is coming?
    Jan 20, 2016. 03:48 PM | 2 Likes Like |Link to Comment
  • Punishment continues for financial stocks  [View news story]
    Tell people the Truth!
    When Bond Yields decrease, the Price/Value of the Bond increases.

    How do you think Bill Gross made so much money since the 1980's?
    btw 20 basis points is not a big move unless the position is highly leveraged.

    If you were a truly responsible financial advisor, you would be telling your readers about INVERSE ETFs. FAZ, EEV and SMDD have moved nicely in the last 90 days.
    A google search will disclose many more to research.

    Regards,
    Skyhawk
    Jan 13, 2016. 06:32 PM | Likes Like |Link to Comment
  • Reversing The Speculative Effect Of QE Overnight  [View article]
    Hey John, are you implying that the FED has looked under the sheets at their CDO and other Debt purchases and found Real Value?
    "With over $4 trillion in hot potatoes steaming uncomfortably in the hands of
    investors, they reached for yield in riskier securities."
    Who are these ‘investors’?
    I think you’re referring to the TBTF banks that were bailed out by selling their GARBAGE Collateralized debt to the FED.
    Can you (or anyone) prove that much of those ExcessReserves did NOT go into more Garbage such as Credit Swaps and other Carry-Trade investments not subject to any Mark-to-Market Analysis?

    Thanks for your hard work!
    Dec 21, 2015. 06:46 PM | 1 Like Like |Link to Comment
  • The Fed: Damned If You Do, Damned If You Don't  [View article]
    Tom,
    You've got IT right!
    I'm sharing My thoughts on how the 'Little Guy' might make a few bucks going forward.
    I'm not criticizing you, but THEM the Great Ones that still tell the Litttle Guy to be patient, IT will come back.

    The Media conveniently ignores the #1 rule of investing, "Don't fight the Fed". Have you noticed the Feds asset levels have dropped a bit? There is no more 80 billion / month jumps.
    Do you know that the Fed hasn't done QE-ennything since Dec 2014?
    http://1.usa.gov/WZYBe4

    Have you seen the declines in 4th qtr EPS AND Sales?
    Are you aware that the SEC's Asset valuation rules for OIL drillers fully recognize $40 / barrel on 4th qtr reporting? No more 105 to 80 dollar reserve boosts there!
    Have you read anything about the current carnage in High Yield Bond portfolios?

    How many times has a double-bottom / double-top happened in SP-500 in one 4 month period?

    Personally, I've got my risk money in SMDD, EEV and FAZ. Only 5% of my net worth, but doing pretty good. Everything else is in a Stable Value fund.

    Best Regards, keep on speaking REALITY!

    LIGAP
    Dec 15, 2015. 08:15 PM | Likes Like |Link to Comment
  • Market Outlook - Did The Bear Crush The Santa Claus Rally?  [View article]
    This year's Santa rally was cancelled in Dec 2014.

    You conveniently ignore the #1 rule, "Don't fight the Fed".
    Have you noticed the Feds asset levels have dropped a bit? There is no more 80 billion / month jumps.
    We all know that the Fed hasn't done QE-anything since Dec 2014
    http://1.usa.gov/WZYBe4

    Don't the declines in 3rd qtr EPS AND Sales concern you?
    Are you aware that the SEC's Asset valuation rules force OIL drillers to fully recognize $40 / barrel on 4th qtr reporting? No more 105 to 80 dollar reserve boosts there!
    Do you think the current carnage in High Yield Bond funds is over?

    How many times has a double-bottom / double-top happened in one 4 month period?
    Dec 14, 2015. 10:54 AM | 1 Like Like |Link to Comment
  • Here Comes Santa Yellen  [View article]
    Eric you sound like a 2 handed economist, or a politician.

    You conveniently ignore the #1 rule, "Don't fight the Fed". Have you noticed the
    Feds asset levels have dropped a bit? There is no more 80 billion / month jumps.
    Do you know that the Fed hasn't done QE-ennything since Dec 2014?

    http://1.usa.gov/WZYBe4

    Have you seen the declines in 4th qtr EPS AND Sales?
    Are you aware that the SEC's Asset valuation rules for OIL drillers fully recognize $40 / barrel on 4th qtr reporting? No more 105 to 80 dollar reserve boosts there!
    Have you read anything about the current carnage in High Yield Bond portfolios?

    How many times has a double-bottom / double-top happened in one 4 month period?

    Personally, I've got my risk money in SMDD, EEV and FAZ. Only 5% of my net worth, but doing pretty good. Everything else is in a Stable Value fund.

    What makes you think there is any possibility of a market recovery?
    Dec 11, 2015. 07:02 PM | 1 Like Like |Link to Comment
  • NYSE Crackdown On... You  [View article]
    If you support removing GTC's and Stop loss transactions, Then you must support re-activation of Mark-to-Market and Glass-Stegall.

    Also, just to be fair to all, High Frequency Trading must be done only with the 3 day Settlement cycle that we 'little' people are SUBJECT TO.
    Nov 24, 2015. 04:53 PM | 2 Likes Like |Link to Comment
  • What Oil And Copper Are Telling Us  [View article]
    I HATE log-scales! Even worse, you may have used different scales to pull the charts together. I can't prove it because you didn't show your scaling choices.
    This is more annoying than writers that misuse its and it's.
    Nov 13, 2015. 08:48 PM | 1 Like Like |Link to Comment
  • Has The U.S. Stock Market Gone Back To Normal?  [View article]
    I wish there was a way to vote for your post, like we can vote on responses.

    You and Lawrence Fuller deserve much wider visibility.

    http://seekingalpha.co...
    Nov 10, 2015. 12:59 PM | Likes Like |Link to Comment
  • This Time Is The Same- And Worse!  [View article]
    James: I have to say you are correct.

    Please think deeply about why the media are all so comfortable with the 'NEW NORMAL".
    http://bit.ly/1MrveJt

    We've been swirling down the rabbit hole for so long that I wonder if anyone remembers where we started?
    1- Keynes rule book has a 2nd step. During the good times, PAY BACK THE DEBT!
    The closest american politicians ever came to this was when Clinton's tax increases caused "A SURPLUS AS FAR AS THE EYE CAN SEE". Who remembers that?
    2- The world had a similar problem with large population groups retiring and Spending Less after age 55. Kids were grown, looking for a smaller house, etc.
    They were our Parents!, the Baby Boom is not a new situation!
    Who remembers the 1970's? It was a time of Stagflation.
    The 'Bob Hope" generation entered their 'spend less-save more' life stage. OUR Parents!
    It should be clear that the baby-boom is now in the same life-stage. Just a whole lot more people.

    3- Now, our illustrious LEADERS are trying to cover up their mistakes by:
    a- repealing Mark-to-Market rules (that's when the 2009 rally started!);
    b- changing Bankruptcy rules to put the banksters first, and;
    c- guaranteeing many TRILLIONS of Derivative Losses through FDIC;
    d- Actually, there's much more. I'm just glad you read this far.

    Conclusion -
    Not one Politician will admit they are helpless to restart Economic Growth.
    They will wait this thing out, just like before.
    Even if it takes 11 to 15 years!
    The effectiveness of monetary policy was FIRST discredited in the late 1970's.
    The persistent attempts to revive growth with easy money continue to lead to stagflation and financial ruin!

    Now, the Important question!
    What to do (until and after) the Rascals are evicted?

    stop calling for Political changes and tax law changes and use the tools that are available.
    There's an easy way to legally avoid increasing taxation on retirement income.
    Start transferring your IRA or 401-k money to a Roth-Ira. If you're not working your deductibles will allow sizable transfers at no cost. Even FORBES has described this technique. A useful definition is at http://bit.ly/1MrvfgA
    Or, do a google search of Roth Ira Conversions. I've been using Schwab for years and have had NO problems!
    The I've been transferring varying amounts each year. You have to figure what works for you.
    Then there's the question of how to invest the money.
    I move between Long and Inverse ETFs. When the market goes down the Inverse ETF rises in value. These positions will run for months.

    Currently, the market is wandering up and down. The Inverse ETF is rising in value. Take a look at Financials(FAS long and FAZ short).
    Withdrawals after age 59.5 are not taxable at all. Plus there’s no mandatory withdrawals at 70.5
    Keep in mind there is/was a 5 year rule on starting withdrawals, so get started!
    Nov 7, 2015. 06:40 PM | 1 Like Like |Link to Comment
  • This Time Is The Same- And Worse!  [View article]
    Where were you on Aug 20 to 26?
    I was in FAZ, did ok.
    Nov 7, 2015. 04:00 PM | Likes Like |Link to Comment
  • Brace Yourselves For The Coming Fed Rate Rise  [View article]
    You said "and the best proxy is to look at wage growth. If wage growth is good then we are getting to the limits of the labor force."

    But, you didn't bother to say what the Growth of Wages was!

    Livingston44 blew your tripe out of the water!
    Nov 6, 2015. 04:24 PM | Likes Like |Link to Comment
  • Stocks Choppy But Higher For Week As Street Chews Over Earnings, Fedspeak  [View article]
    I trust there is a /sarc tag after your title of this post.

    How is it that the actual earnings numbers for the S&P 500 Index in aggregate are coming in lower than originally expected at the start of the quarter just three weeks ago yet more than 70% of companies have "beaten" expectations?
    Nov 6, 2015. 12:34 PM | Likes Like |Link to Comment
COMMENTS STATS
131 Comments
111 Likes