Grizzly-Redneck

Upside GDP Surprise: Misleading

Peter Schiff for Senate! Brush the Democrat-lite Republican out of the way. The control-regulators need to take care of the outlyers and extreme cases like Bernie Madhoff, but otherwise keep their tentacles out of the Economy. I really hope everything crashes into the Gound soon. There is a whole generation (our kids) that needs to learn the hard way what Progressives in control can do to an Economy and job creation.

George Soros: The Guru Outlook

George Soros made over 2 Billion during the collapse in October 2008. He helped caused the collapse. He bet the dollar short. "It

Short the U.S.A.

Paco, good article. As opposed to some of the comments, I do appreciate hearing your personal viewpoint. "I am a champion of free markets, human rights, social progress, and the growth of knowledge." And what could be wrong with any of that? Just don't get mired in the twisted Progressive view of it. I have never seen Democrats have such a hatred of Business, as the current crop. They'll never get Unemployment back to single digits until they realize who creates jobs and quit penalizing them as the Great Evil and exploiter of Labor.

Closing Update for Monday, June 13

What the hell happened today? Nothing but a wave of bad news on the horizon for banks and financials, and one bullish comment by an analyst drives GS up and the market with it. It makes no sense. And when it makes no sense, I look for the alternative reason. If the Government knows they can manipulate the market in the short term with Financials, and they need to pass Cap-n-Tax and Obamacare, then drive it up short term till the agenda is in. And this is probably a suck in the last of the suckers to the last breaths of the rally. I am still short on Financials over the next couple of months till reality sets in, and won't blink.

No Signs of Economic Recovery in Sight

Great summation of the current state of affairs. Pretty much sums up everything I've been thinking the past couple of months. If we, the average investors can see this, why can't the Government see it? This won't be solved until we quit bailouts, quit deficit spending, quit adding new taxes in a time of Depression (cap-n-tax, health care). And that won't happen until we get a Government that is truly fiscally responsible and makes the hard, not popular choices. Well I guess it won't happen. Those inverse Bear ETFs are looking pretty good.

L-3 Communications: Extremely Undervalued?

Would strongly agree. But since I am the video compression hardware Engineer at L-3 CSW, and one ot the original Design Team Members for Rover 3/4/5, I'm biased. I stayed in my 401K too long through the crisis, as L-3 went from $120 to it's current $68. If the recent downturn brings it to $64 or less, it's a Super buy. The Engineers of my team are a very determined lot. Excuse me for being bullish on my own Company, hope that's not against some rule.

Next Stop: ETF Options Trading

Options on Direxions 3X ETF's like FAS and FAZ. Now that's a gut-check. I'd be at my computer all day biting my nails.