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tom_t

tom_t
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  • Yellen: More than 2 years until full employment reached [View news story]
    Hey, if another million people permanently drop out of the labor force, we could be at "full employment" before you know it.
    Apr 16 12:49 PM | 8 Likes Like |Link to Comment
  • Bill Gross: The End Of QE Could Cause Higher Interest Rates [View article]
    Why did the 10-year reach 3% at the start of the year, and then drop back? I have read a lot of predictions on interest rates, and most of them have been completely wrong -- ESPECIALLY coming from Bill Gross. Anyone who has traded on his advice over the past few years has gotten clobbered. Even the monkey beat him.
    Apr 4 07:58 AM | Likes Like |Link to Comment
  • Initial Jobless Claims jumps 16K to 326K [View news story]
    3 million job openings sounds good, except when you realize that there are 11 million unemployed.
    Apr 3 01:17 PM | Likes Like |Link to Comment
  • Black Swan Events: How To Protect Your Portfolio When It Is Needed [View article]
    A market crash is NOT a "black swan" event. By Taleb's definition, a black swan event is "outside the realm of regular expectations, because nothing in the past can convincingly point to its possibility." Your article is interesting, but you do yourself a disservice by using the term "black swan."
    Apr 1 09:20 AM | 4 Likes Like |Link to Comment
  • The Fed Is Backed Into A Corner With No Way Out [View article]
    Most of the people I speak to say "you can't time the market", "stay invested", "nobody knows what's going to happen", etc. All that is sensible advice. BUT... I am scared to death of this market. I don't see an economy that is expanding. I see a fake unemployment rate that doesn't count the people who simply gave up. I see a lot of middle class workers who have skills but can't get decent jobs. I see grocery prices going up and up every year. And we've all been conditioned to think that $3 gas is a bargain, and a five-year CD that pays 3% is a bonanza.

    I am beginning to think that 100% cash is where I should be. And, yeah, I've had this feeling for three years, and nothing has happened... but something is very wrong with this picture.
    Mar 26 09:05 AM | 20 Likes Like |Link to Comment
  • Peter Schiff Is Wrong On Gold... Again [View article]
    I could trade on my cat's random eyeblinks and do better than if I relied on Peter Schiff's predictions.
    Mar 20 09:25 AM | 7 Likes Like |Link to Comment
  • Jobless Claims up 5K to 320K [View news story]
    All together now: "no recession on the horizon." :)
    Mar 20 09:23 AM | 6 Likes Like |Link to Comment
  • Consumer Price Index edges up 0.1% [View news story]
    Our grocery bills just keep going up and up and up every year, but the government says that inflation is almost nothing. Funny how that works.
    Mar 18 09:35 AM | 2 Likes Like |Link to Comment
  • Putin addresses lawmakers, annexes Crimea [View news story]
    Obama will say "You crossed that line? Okay, well, if you cross THIS line, you're in big trouble, mister!"
    Mar 18 09:00 AM | 12 Likes Like |Link to Comment
  • Is There A Formula To Predict The Dow, S&P For 2014? [View article]
    The answer is no, of COURSE there is no formula to predict the market. You just admitted that the formula doesn't produce the desired result 60 percent of the time. Saying that the formula works unless this happens or that happens.... well, there's always something that "happens". Flipping a coin would give you better results.
    Mar 17 11:48 AM | 1 Like Like |Link to Comment
  • Report: Amazon Prime to $99 [View news story]
    Unless you've done a comprehensive study of who uses Prime, then you're just offering a personal opinion, not based on anything other than conjecture. What is far more likely is that the people who spend the most money on Amazon are the ones who can easily justify a Prime membership. Also, Prime offers free returns, and you often get the credit even before you've mailed the package back.
    Mar 13 01:20 PM | 2 Likes Like |Link to Comment
  • Jobless Claims at 348K [View news story]
    LOL
    Feb 27 08:50 AM | Likes Like |Link to Comment
  • Daily State Of The Markets: Next Move: Blow-Off Or Blow Up? [View article]
    That 1929 comparison chart is utter nonsense. The scales are completely off. The 1929 side starts at 180 and ends at 380. That's a 111% increase. The 2014 side starts at what appears to be 12000, and ends at what appears to be 17000. That's a 41% increase. If the chart were properly drawn, nobody would be talking about a 1929 parallel.

    This chart was already debunked by astute SA members.
    http://seekingalpha.co...
    Feb 21 09:47 AM | 2 Likes Like |Link to Comment
  • Capitulation? Market Sees Biggest Outflows In A Decade [View article]
    A market drop of 5% is capitulation?
    Feb 7 09:43 AM | 3 Likes Like |Link to Comment
  • Report: RadioShack to close 500 stores soon [View news story]
    People still go to Radio Shack??
    Feb 4 01:17 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
245 Comments
530 Likes