Seeking Alpha

OptionManiac

OptionManiac
Send Message
View as an RSS Feed
View OptionManiac's Comments BY TICKER:
Latest  |  Highest rated
  • Dow 10,000... Again [View article]
    My point exactly.
    May 28 11:06 AM | 1 Like Like |Link to Comment
  • May Reuters/UofM Consumer Sentiment: 73.6 vs. 73.2 consensus, 72.2 prior. Current conditions 81, expectations 68.8. "The data represents troublesome increases in inflation expectations, especially given the recent declines in gas prices," the report says.  [View news story]
    "The data represents troublesome increases in inflation expectations, especially given the recent declines in gas prices"

    Does that make any sense, or am I just stupid today.
    May 28 10:06 AM | Likes Like |Link to Comment
  • May ISM New York Business Index: 89.9 vs. 62.2 in April. "May's Question of the Month: What is your organization's profit outlook for the remainder of 2010? The numbers tell the story: 93% positive, 2% negative, 5% neutral; 32% growing faster vs. 0% declining faster."  [View news story]
    Please use some of those profits to hire new workers.
    May 28 09:37 AM | 1 Like Like |Link to Comment
  • Dow 10,000... Again [View article]
    The market is all about psychology.
    May 28 09:35 AM | Likes Like |Link to Comment
  • What About Dow 20K? [View article]
    Good comment. As widgets get more complicated, they do take more, and smarter, people to fabricate. Many widgets also have safety issues, so there is another workforce layer (from legislators, inspectors, and consumer magazine editors) to deal with that aspect. Add on another layer of workers dealing with the environmental issues a widget may have. Also, many years ago, widgets were made from local material and completely fabricated in one spot. Now many widgets are made globally, from raw materials to parts to support (especially if you need support for the widget on your desk that just has a blank screen when you turn it on) Widgets have become more and more complicated, and this may be from necessity. If widgets did not have these other labor units, they would be cheaper, but a lot people would not be needed in the workforce. Once again, cheap widgets are no good if no one has the money to buy them.
    May 26 02:21 PM | 2 Likes Like |Link to Comment
  • Taking a cue from Linux and open-source software, GlaxoSmithKline (GSK) is sharing its malaria research online in hopes that the scientific community working together can come up with a treatment faster than if Glaxo worked on its own.  [View news story]
    Goldcorp did the same thing - paid just one geologist instead of a whole team. Is this the future?
    May 26 11:50 AM | Likes Like |Link to Comment
  • What About Dow 20K? [View article]
    As far as widgets, it takes a lot fewer workers to make one. The fewer workers it takes to make a widget, the more people that can afford them, until an imbalance occurs where so few workers are needed that many sit around without a paycheck not being able to afford a widget no matter how cheap they are. We've hit that. We have to sell more widgets.
    May 26 11:24 AM | 2 Likes Like |Link to Comment
  • What About Dow 20K? [View article]
    Yes. After World War II, the VA Bill helped send many veterans to college - at a time when very few HS graduates even considered a higher education. We were able to produce a lot of engineers (and marketers) who helped spur the innovations of the following decades.
    May 26 10:49 AM | 2 Likes Like |Link to Comment
  • What About Dow 20K? [View article]
    I was hoping for a more constructive comment. I only smoke crack on weekends.
    Also, in the 40's, the factories produced nothing but stuff we blew up or other people blew up.Civilains consumed nothing because there wasn't anything to consume, everything was rationed so it could be blown up.
    May 26 08:59 AM | 4 Likes Like |Link to Comment
  • What About Dow 20K? [View article]
    At the end of world war II federal debt was 120% of GDP, yet we implemented the Marshall Plan (pulling Europe out of the abyss). The Korean war was not far behind. The Dow went from 140 to 425 in that time. All is not lost for us. Those smarter than me (and there are plenty of you out there), please comment.
    May 26 08:26 AM | 4 Likes Like |Link to Comment
  • Freaked-Out Friday: Has CNBC Gone Too Far? [View article]
    The government funds a very tiney percentage of operating costs. NPR is mostly funded by the listeners (and commercials, yes, I call them commercials).
    May 24 08:52 AM | 2 Likes Like |Link to Comment
  • Freaked-Out Friday: Has CNBC Gone Too Far? [View article]
    Listen to NPR a lot. Planet Money has had excellent commentary explaining this whole mess. Some think the news is all left wing, but far from it. Only station where you can hear interviews with captains and colonels on the battlefield. Heck, they even invite Fox commentators to discuss the week's news on Fridays. And no screaming allowed.
    May 21 02:24 PM | 12 Likes Like |Link to Comment
  • Freaked-Out Friday: Has CNBC Gone Too Far? [View article]
    I live right above the Kentucky border in Ohio. Can't wait for the editorials in tomorrow's papaers.
    May 21 02:15 PM | 4 Likes Like |Link to Comment
  • Three Men and a Quandary [View article]
    I used to lose sleep over markets like this, no longer. Like you, been through this too many times.
    May 21 01:58 PM | 1 Like Like |Link to Comment
  • Three Men and a Quandary [View article]
    Cynical, but true. Except for dividends and interest, any dollar made investing comes out of someone else's pocket.
    May 21 01:55 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
3,304 Comments
3,566 Likes