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JohnLocke

JohnLocke
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  • Time To Avoid U.S. Equities [View article]
    Bernanke wanted this job not for this job but for the job after, Consultant:-)
    Jan 1, 2013. 12:25 AM | 1 Like Like |Link to Comment
  • Time To Avoid U.S. Equities [View article]
    Unfortunately, the market does not create money, only redistributes it to the winners (the good businesses) and takes it away from the investors in the bad businesses...

    Of all the money in speculative trades on the books right how much do you suppose has actually been realized profit that has been removed from the market? (currently 1.2 quadrillion in Derivatives tied into the markets)...

    1.2 Quadrillion is a pretty big number, I'm gonna bet that all of the profit taken from the market since the NYSE opened is less then 1% of this number...

    My point was simply: DO YOU BELIEVE THE MARKETS ARE HONEST FOR EVERYONE WHO INVESTS? IS IT A FAIR PLAYING FIELD? HFT, Front Running, Dark Pools, FED Manipulation
    Jan 1, 2013. 12:18 AM | 5 Likes Like |Link to Comment
  • Time To Avoid U.S. Equities [View article]
    Does that mean you accept the Fraud that is occurring on WALL street... You remember the other points made in my post that you chose to ignore...LOL

    You appear to be spouting the party line very well otherwise...
    Jan 1, 2013. 12:03 AM | 1 Like Like |Link to Comment
  • Time To Avoid U.S. Equities [View article]
    Remind me again why I should put my money in this system?

    We all acknowledge that Insider Trading, Front Running, High Frequency Trading and Dark pools are all taking place and have decoupled an already fraudulent market from reality.

    We all turn a blind eye to these issues with the hope that somehow we will come out ahead???

    Don't be fooled folks, in all systems for someone to win someone has to loose, just like Vegas... What makes you think Wall Street is any different?

    Happy New Year!
    Dec 31, 2012. 07:48 PM | 3 Likes Like |Link to Comment
  • The chances for a fiscal cliff deal in the next 48 hours are "exceedingly good," says Senator Lindsey Graham, appearing on Fox News. "Hats off to the President, he won," Graham adds. "The President campaigned on raising rates and he's going to get a rate increase." [View news story]
    Macro, you like to read what you type on the internet over and over again Huh?

    There are other ways to improve your self esteem, go outside, you know that place with sunlight and trees and make a few real life friends, meet a woman (Look up on the internet to learn what to do with one).

    Take a deep breath and understand that your poisonous vitriol is a symbol of what divides us and will keep us on this path.

    I believe you can be a better person Macro...
    Dec 30, 2012. 03:38 PM | Likes Like |Link to Comment
  • The natural gas rig count declined again last week, falling by 15 to 422 vs. 936 a year ago. The number of working gas rigs is the lowest since June 1999, but this may not mean a supply crunch is coming as oil rig activity - which yields plenty of natural gas - remains strong. Still, it's hard not to notice the correlation between collapsing gas rig counts and natural gas prices up about 90% in 6 months. [View news story]
    Those Rigs that went down were the NOMAC Rigs.

    NOMAC = Chesapeake Energy

    Chesapeake is sending its rigs to the yard for the winter.
    Oct 13, 2012. 03:24 PM | 1 Like Like |Link to Comment
  • American Express (AXP) and Wal-Mart (WMT) launch Bluebird - "an alternative to debit and checking accounts." The service appears designed to allow customers the sorts of things they're used to, but no longer getting for free from basic checking. The most immediate casualty is Green Dot, which now must face cheaper competition from its largest customer (Wal-Mart). GDOT -14% premarket. (PR[View news story]
    If folks look at exactly how "Green Dot" and their Ilk work you will realize that there is a thriving black market in the trade of Green dot numbers for other then normal transactions...

    Example:
    -Transactions where Money cant change hands directly such as in Prisons.
    -Move Drug cash into an easily transportable medium for email / transport.

    Drug Cash loaded into green dot cards in the USA, then the numbers are emailed to the Boss in Mexico where he cashs out the numbers. Money is then wired back to a US Bank account, the drug money is now laundered...

    Remember it is not about the card, it is about the number on the card, each number can hold up to $3500, All you need is the number off the prepaid card to get the $$$$.
    Oct 8, 2012. 09:04 PM | Likes Like |Link to Comment
  • Currency options pricing plummets to pre-financial crisis levels, crushed into submission by central bank intervention - not necessarily in currency markets, but seemingly in everything else. One wonders how long this, along with the erasure of equity volatility (the VIX), will last. Stability can be very destabilizing. [View news story]
    The Game is rigged :-) Surprise!
    Oct 8, 2012. 05:20 PM | 1 Like Like |Link to Comment
  • Taking questions after his boilerplate speech defending the Fed, Ben Bernanke says Milton Friedman would have supported the central bank's actions. With the great opponent of central planning not around to speak for himself, we'll have to take the chairman's word for it. Watch a lively Q&A here[View news story]
    The Headline should read..

    Dirty Banker defends Dirty Bankers.

    The term FED needs to go away, these wolves are as as FEDeral as FEDEX...
    Oct 1, 2012. 05:52 PM | Likes Like |Link to Comment
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    Spoken like a true communist...

    Just so I have it straight, You have inherited gold bars and bought land on the giant Bannana Plantation called PR.

    Sounds like every independently wealthy person I have ever met "Please Mr. Government take more of my money"

    Easy to make such altruistic claims, I'm gonna go ahead and call BS #12...lol
    Sep 25, 2012. 05:56 PM | 1 Like Like |Link to Comment
  • Sep Consumer Confidence: 70.3 vs. 64.8 expected, 61.3 (revised from 60.6) prior. Expectations 83.7 vs. 70.5 prior. Present Situation 50.2 vs. 45.8 prior. [View news story]
    Sounds like more Hopium,
    Better take that Obama is making it better garbage back on MSN where it belongs...LOL

    Really though, if he has made it better please provide some empirical proof because I can't find anything from him but excuses...
    Sep 25, 2012. 05:48 PM | Likes Like |Link to Comment
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    The new stock model will be to sell high, buy Low and wait for the FED to re inflate wash rinse repeat...

    How does an investor price this into their stocks...LOL
    Sep 24, 2012. 08:08 PM | Likes Like |Link to Comment
  • There's No Longer A Bernanke Put [View article]
    Jason, Notice what the FED said today???

    Yup, you guessed it, they came out and said they will spend QE dollars as they see fit to "Stimulate"

    BLANK CHECK!
    Sep 24, 2012. 08:02 PM | 1 Like Like |Link to Comment
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    Mark, I can think of a few different ways for QE funds can end up in someones reelection fund, how will you know it is not happening??

    The FED can push the $$$ to it's member banks at will now.

    Remember that the DNC was an investor in Solyndra....
    Sep 24, 2012. 07:49 PM | Likes Like |Link to Comment
  • "(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
    So much for the theory that this is not a blatant money grab because the FED is only purchasing Agency MBS's...LOL

    Now the FED has truly given itself a blank check to spend your devalued dollars where ever an how ever it likes with ZERO checks and balances and ZERO transparency.

    If you are connected you just hit the lottery!!!!

    Can you imagine what kind of market shenanigans are going to take place moving forward.

    If it was not such a travesty it would be comical...
    Sep 24, 2012. 07:35 PM | 4 Likes Like |Link to Comment
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