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tom_t

tom_t
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  • 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
  • Stock index futures point to opening rebound [View news story]
    The dead cat must have landed in sand, because it ain't bouncing much.
    Feb 4 09:38 AM | Likes Like |Link to Comment
  • All eyes on Amazon Prime [View news story]
    I've noticed the same thing: that the Prime price is often identical to a third-party vendor's price+shipping. Reminds me of L.L. Bean, which jacked up all prices 30-40% in order to provide "free" shipping a couple of years ago.

    So far, I haven't found much value in Amazon's streaming service that comes with Prime.
    Feb 2 08:48 AM | 1 Like Like |Link to Comment
  • FOMC tapers, but continues to eye soft inflation data [View news story]
    Why is the market down? Didn't the Fed do exactly as most people expected? Or is this just a classic "sell the news" situation?
    Jan 29 02:20 PM | 5 Likes Like |Link to Comment
  • Yahoo adds to losses; sell-side worries about Alibaba, share loss [View news story]
    Maybe her Google success was due to other people, not to her. I don't even know why Yahoo exists. It serves no purpose that isn't served better by other companies.
    Jan 29 02:07 PM | Likes Like |Link to Comment
COMMENTS STATS
271 Comments
674 Likes