Augustus's Comments Augustus's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/49660/comments FDIC Keeping Mum About Real Estate Auction Results http://seekingalpha.com/article/174729-fdic-keeping-mum-about-real-estate-auction-results?source=feed#comment-772048 772048
Frankley, I don't care much what my house is worth unless I have to deal with an insurance claim and replacement costs. I bought it. I paid for it. It still is as useful as when I purchased it. If I want to move, I can maybe take a lickin' and give a lickin' on the other end. Fair enough as I needed the shelter. ]]>
Sun, 22 Nov 2009 14:00:10 -0500
Frankley, I don't care much what my house is worth unless I have to deal with an insurance claim and replacement costs. I bought it. I paid for it. It still is as useful as when I purchased it. If I want to move, I can maybe take a lickin' and give a lickin' on the other end. Fair enough as I needed the shelter. ]]>
Trouble with the Russells http://seekingalpha.com/article/174550-trouble-with-the-russells?source=feed#comment-772026 772026
On Nov 21 08:54 AM User 363108 wrote:

> Interestingly as I have been weekly charting the RUT against the
> OEX for many years, the RUT/OEX ratio during mid December 08 gave
> a positive divergence by crossings it's 10 week moving average as
> an early heads up of the general market bottom in March 09. Combining
> this signal with a similar COMP/SPX ratio has historically given
> some excellent earlier warnings of market direction change. These
> two market indexes ratios gave a sell 4 weeks ago. Beware below.]]>
Sun, 22 Nov 2009 13:26:34 -0500
On Nov 21 08:54 AM User 363108 wrote:

> Interestingly as I have been weekly charting the RUT against the
> OEX for many years, the RUT/OEX ratio during mid December 08 gave
> a positive divergence by crossings it's 10 week moving average as
> an early heads up of the general market bottom in March 09. Combining
> this signal with a similar COMP/SPX ratio has historically given
> some excellent earlier warnings of market direction change. These
> two market indexes ratios gave a sell 4 weeks ago. Beware below.]]>
Krugman on the Invisible Bond Vigilantes http://seekingalpha.com/article/174466-krugman-on-the-invisible-bond-vigilantes?source=feed#comment-770403 770403
When it is all evaluated you can easily see that Krugman will write conflicting advice with the weight of the full authority of a Nobel Prize winner. It is really astounding that he is still able to find a stage.]]>
Sat, 21 Nov 2009 09:35:49 -0500
When it is all evaluated you can easily see that Krugman will write conflicting advice with the weight of the full authority of a Nobel Prize winner. It is really astounding that he is still able to find a stage.]]>
More AIG Controversy: Maiden Lane III http://seekingalpha.com/article/174568-more-aig-controversy-maiden-lane-iii?source=feed#comment-770389 770389 Sat, 21 Nov 2009 09:21:39 -0500 The Carry Trade Has Created Asset Bubbles http://seekingalpha.com/article/174024-the-carry-trade-has-created-asset-bubbles?source=feed#comment-765523 765523 Wed, 18 Nov 2009 11:46:16 -0500 Meredith Whitney: 'I Haven't Been This Bearish in a Year' http://seekingalpha.com/article/173684-meredith-whitney-i-haven-t-been-this-bearish-in-a-year?source=feed#comment-764219 764219

On Nov 16 10:29 PM hobart_the_dish_guy wrote:

> Meridith has been bearish for the past 400 points on the Dow. That's
> fine, but apparently she doesn't quite understand the market forces
> that have caused/allowed this. While she has been right in the past,
> so have a lot of other market "guru's". ]]>
Tue, 17 Nov 2009 15:12:17 -0500

On Nov 16 10:29 PM hobart_the_dish_guy wrote:

> Meridith has been bearish for the past 400 points on the Dow. That's
> fine, but apparently she doesn't quite understand the market forces
> that have caused/allowed this. While she has been right in the past,
> so have a lot of other market "guru's". ]]>
Sen. Dorgan: The System Is Rigged http://seekingalpha.com/article/173282-sen-dorgan-the-system-is-rigged?source=feed#comment-759787 759787 Sat, 14 Nov 2009 00:24:35 -0500 MLPs: GP / LP Relationship Is Key http://seekingalpha.com/article/167554-mlps-gp-lp-relationship-is-key?source=feed#comment-759781 759781
A good approach would be to follow MTP and try to buy it when at a discount to NAV. that will also probably happen when the sector is well out of favor. Considering that they are for the most part simply toll collectors it is a pretty safe income generator.


On Oct 23 02:04 AM scoots wrote:

> What about MTP? Is this a true ETF in the MLP area? If so, could
> it be useful instead of woning MLPs themselves.
>
> Scooter]]>
Sat, 14 Nov 2009 00:05:43 -0500
A good approach would be to follow MTP and try to buy it when at a discount to NAV. that will also probably happen when the sector is well out of favor. Considering that they are for the most part simply toll collectors it is a pretty safe income generator.


On Oct 23 02:04 AM scoots wrote:

> What about MTP? Is this a true ETF in the MLP area? If so, could
> it be useful instead of woning MLPs themselves.
>
> Scooter]]>
MLPs: GP / LP Relationship Is Key http://seekingalpha.com/article/167554-mlps-gp-lp-relationship-is-key?source=feed#comment-759776 759776

On Oct 22 05:08 PM Smackdown wrote:

> I just got off the phone with investor relations of a large MLP.
> They indeed confirmed that I am correct and that the UBTI does not
> net out across multiple holdings. It is MLP specific. For example,
> you own 10 MLPS in an IRA that each have $900 in UBTI. It is not
> added up. No tax is due.
>
> Hope this helps.]]>
Fri, 13 Nov 2009 23:49:49 -0500

On Oct 22 05:08 PM Smackdown wrote:

> I just got off the phone with investor relations of a large MLP.
> They indeed confirmed that I am correct and that the UBTI does not
> net out across multiple holdings. It is MLP specific. For example,
> you own 10 MLPS in an IRA that each have $900 in UBTI. It is not
> added up. No tax is due.
>
> Hope this helps.]]>
Reaching for Yields with MLPs http://seekingalpha.com/article/172923-reaching-for-yields-with-mlps?source=feed#comment-759755 759755 Fri, 13 Nov 2009 22:37:31 -0500 The Global Oil Scam: 50 Times Bigger than Madoff http://seekingalpha.com/article/172797-the-global-oil-scam-50-times-bigger-than-madoff?source=feed#comment-759109 759109 You must have overlooked the fact that at some point the values of whatever the positions were must have declined. They cannot both own it to create the hypothetical bubble and also profit when the value declines. How does that work, exactly?


On Nov 13 10:00 AM john s. gordon wrote:

> augus -
> oil fell from 140 to 40 when GS had other financial commitments to
> meet & liquidation of part of the portfolio of futures was required.
>
> just as trees don;t grow to the sky, bubbles don't expand to occupy
> the entire volume of the solar system.
> GS & their partners in crime ran their air compressors full blast
> (40/1 leverage) & made a biggg bubble.
> in a game of musical chairs, when the music stops there is always
> some poor schmo who can't find a chair.
> don't cry for GS, some other schmo got vaporized, not GS.]]>
Fri, 13 Nov 2009 14:26:34 -0500 You must have overlooked the fact that at some point the values of whatever the positions were must have declined. They cannot both own it to create the hypothetical bubble and also profit when the value declines. How does that work, exactly?


On Nov 13 10:00 AM john s. gordon wrote:

> augus -
> oil fell from 140 to 40 when GS had other financial commitments to
> meet & liquidation of part of the portfolio of futures was required.
>
> just as trees don;t grow to the sky, bubbles don't expand to occupy
> the entire volume of the solar system.
> GS & their partners in crime ran their air compressors full blast
> (40/1 leverage) & made a biggg bubble.
> in a game of musical chairs, when the music stops there is always
> some poor schmo who can't find a chair.
> don't cry for GS, some other schmo got vaporized, not GS.]]>
Suburban Propane's Future Looks Bright http://seekingalpha.com/article/172698-suburban-propane-s-future-looks-bright?source=feed#comment-758166 758166 Fri, 13 Nov 2009 01:00:12 -0500 The Global Oil Scam: 50 Times Bigger than Madoff http://seekingalpha.com/article/172797-the-global-oil-scam-50-times-bigger-than-madoff?source=feed#comment-758156 758156
My wife and I tried an experiment. She handed me a bottle of wine and I handed her $50. Then we reversed that and she got the wine and I got the cash. So far we have done this over 200 times and can see no increase in either the quantity of wine or the quantity of money. I suppose it is because we must have overlooked some secret factor. While we were doing this a neighbor dropped by. She could not believe that we were continuing to pay $50 for a bottle of Gallo that she had purchased one just like it for $8.99 at the liquor store last week. I suppose she is more capable of purchasing wine than VLO is when purchasing a boat load of crude oil to refine into gasoline.

I always wonder why these masters of Oil Prices ever let that price slip from $140 to $40. Maybe flash trading gave them profits on that too while the value of their inventories were declining. I look foreward to seeing the conspiracy theory on that.]]>
Fri, 13 Nov 2009 00:44:06 -0500
My wife and I tried an experiment. She handed me a bottle of wine and I handed her $50. Then we reversed that and she got the wine and I got the cash. So far we have done this over 200 times and can see no increase in either the quantity of wine or the quantity of money. I suppose it is because we must have overlooked some secret factor. While we were doing this a neighbor dropped by. She could not believe that we were continuing to pay $50 for a bottle of Gallo that she had purchased one just like it for $8.99 at the liquor store last week. I suppose she is more capable of purchasing wine than VLO is when purchasing a boat load of crude oil to refine into gasoline.

I always wonder why these masters of Oil Prices ever let that price slip from $140 to $40. Maybe flash trading gave them profits on that too while the value of their inventories were declining. I look foreward to seeing the conspiracy theory on that.]]>
The Fed: Backed into a Corner? http://seekingalpha.com/article/172566-the-fed-backed-into-a-corner?source=feed#comment-754686 754686 Tue, 10 Nov 2009 21:13:28 -0500 Goldman, Buffett Deal with Fannie Mae Inked a Month Ago http://seekingalpha.com/article/171720-goldman-buffett-deal-with-fannie-mae-inked-a-month-ago?source=feed#comment-747539 747539 Fri, 06 Nov 2009 06:06:45 -0500 Taking Shelter from the U.S. Dollar http://seekingalpha.com/article/169297-taking-shelter-from-the-u-s-dollar?source=feed#comment-733361 733361 Tue, 27 Oct 2009 23:46:56 -0400 MLPs Keep Roaring Ahead http://seekingalpha.com/article/169116-mlps-keep-roaring-ahead?source=feed#comment-732870 732870 Tue, 27 Oct 2009 16:37:07 -0400 Using Options to Tame Leveraged ETFs http://seekingalpha.com/article/165231-using-options-to-tame-leveraged-etfs?source=feed#comment-722991 722991 Wed, 21 Oct 2009 01:34:08 -0400 Mexico ETF: Can It Rise Above Swine Flu and Violence Fears? http://seekingalpha.com/article/166181-mexico-etf-can-it-rise-above-swine-flu-and-violence-fears?source=feed#comment-722967 722967 Wed, 21 Oct 2009 00:55:23 -0400 Backtesting a Sector ETF Momentum Strategy http://seekingalpha.com/article/167122-backtesting-a-sector-etf-momentum-strategy?source=feed#comment-722956 722956 Wed, 21 Oct 2009 00:30:32 -0400 Exploring Relative Strength Systems with These 11 ETFs http://seekingalpha.com/article/167447-exploring-relative-strength-systems-with-these-11-etfs?source=feed#comment-722949 722949

On Oct 20 10:43 AM jgpietsch wrote:

> a) EEP is a typo, should read EPP
>
> b) The orange S&P line may be considered buy and hold.]]>
Wed, 21 Oct 2009 00:15:23 -0400

On Oct 20 10:43 AM jgpietsch wrote:

> a) EEP is a typo, should read EPP
>
> b) The orange S&P line may be considered buy and hold.]]>
Earnings Preview: The Bank of New York Mellon Corp. http://seekingalpha.com/article/167311-earnings-preview-the-bank-of-new-york-mellon-corp?source=feed#comment-721389 721389 Mon, 19 Oct 2009 21:43:30 -0400 Those Rising Falling Interchange Fees http://seekingalpha.com/article/167370-those-rising-falling-interchange-fees?source=feed#comment-721384 721384 Mon, 19 Oct 2009 21:39:13 -0400 Those Rising Falling Interchange Fees http://seekingalpha.com/article/167370-those-rising-falling-interchange-fees?source=feed#comment-721382 721382 Mon, 19 Oct 2009 21:38:04 -0400 Are High Dividends Sustainable? http://seekingalpha.com/article/164680-are-high-dividends-sustainable?source=feed#comment-703877 703877

On Oct 04 04:36 PM KyBec wrote:

> Does anyone here have a case for or against owning PSEC or AOD for
> their dividend? Do you think the future income stream is safe? I'd
> like to own both and DRIP them for a long while but am afraid to
> jump in.]]>
Mon, 05 Oct 2009 13:09:58 -0400

On Oct 04 04:36 PM KyBec wrote:

> Does anyone here have a case for or against owning PSEC or AOD for
> their dividend? Do you think the future income stream is safe? I'd
> like to own both and DRIP them for a long while but am afraid to
> jump in.]]>
Should You Invest in Banking Stocks? http://seekingalpha.com/article/163767-should-you-invest-in-banking-stocks?source=feed#comment-696425 696425 Wed, 30 Sep 2009 00:36:04 -0400 Getting a Handle on Real Estate ETFs http://seekingalpha.com/article/163619-getting-a-handle-on-real-estate-etfs?source=feed#comment-696421 696421 Wed, 30 Sep 2009 00:29:51 -0400 The Social Security Tax Increase Is Coming http://seekingalpha.com/article/156546-the-social-security-tax-increase-is-coming?source=feed#comment-633609 633609
Drawing down the trust fund really requires the govt. take cash from some other source. That is very sharp contrast to the buildup in reserves that have been the norm for the 70 years since the Social Security scheme was hatched. The pols have had 70 years of fun squandering the excess cash. Now there is the piper to be paid.]]>
Mon, 17 Aug 2009 15:45:21 -0400
Drawing down the trust fund really requires the govt. take cash from some other source. That is very sharp contrast to the buildup in reserves that have been the norm for the 70 years since the Social Security scheme was hatched. The pols have had 70 years of fun squandering the excess cash. Now there is the piper to be paid.]]>
Why Aren't We Undergoing Another Great Depression? http://seekingalpha.com/article/155215-why-aren-t-we-undergoing-another-great-depression?source=feed#comment-624329 624329
Thanks to the highly efficient farmers in the US today, the remainder of the population is able to create less essential services than food, and has no need to be concerned with their own subsistance. Isn't America simply GREAT?

We. Want. Something. Here. NOW. ]]>
Tue, 11 Aug 2009 00:11:55 -0400
Thanks to the highly efficient farmers in the US today, the remainder of the population is able to create less essential services than food, and has no need to be concerned with their own subsistance. Isn't America simply GREAT?

We. Want. Something. Here. NOW. ]]>
Investing in Shipping Stocks: 'Maximum Pessimism' Is Here http://seekingalpha.com/article/148959-investing-in-shipping-stocks-maximum-pessimism-is-here?source=feed#comment-590078 590078 Thu, 16 Jul 2009 04:29:48 -0400