The Obama adm. is bullying the Swiss to break their laws to comply with ours. This is Obama's new foreign policy of "listen and learn"? How about if the Mexicans start bullying the US to comply with their laws. this is laughable. the current US Administration should back off bullying the Swiss. Obama and his croneys are subscribing to the "gentle, listen and learn, non dictating policy" to Iran and North Korea. To the Swiss not a chance. The Swiss won't fight back with bombs and killings. Obama has a different policy for them. Dictate to them. Have them comply with OUR tax laws.Soon the EU countries will use this as precedent and demand that the US comply with their tax laws. Then all the EU citizens will take their money out of our banks and our economy will COLLAPSE! The US is a big tax haven for foreigners. Non resident aliens pay no taxes on interest earned in the US. Are we going to give up those names when the EU countries demand them?
Swiss Bank Accounts, the U.S. and Me [View article]
It's obvious that you guys have not done your research. The Obama adm. is bullying the Swiss to break their laws to comply with ours. This is Obama's new foreign policy of "listen and learn"? How about if the Mexicans start bullying the US to comply with their laws. this is laughable. the current US Administration should back off bullying the Swiss. Obama and his croneys are subscribing to the "gentle, listen and learn, non dictating policy" to Iran and North Korea. To the Swiss not a chance. The Swiss won't fight back with bombs and killings. Obama has a different policy for them. Dictate to them. Have them comply with OUR tax laws.Soon the EU countries will use this as precedent and demand that the US comply with their tax laws. Then all the EU citizens will take their money out of our banks and our economy will COLLAPSE! The US is a big tax haven for foreigners. Non resident aliens pay no taxes on interest earned in the US. Are we going to give up those names when the EU countries demand them? Did Obama stand up to the Iranian gov't and demand that they comply with our laws of freedom to assemble,speech,press,... Did Obama stand up to the North Koreans? No. But he stood up to the Swiss. Pres. Reagan stood up to the Russians Pres. Obama stood up to the Swiss.
If the selling continues in the first week in Jan of 2009 on a stock that should have bounced up, that company is in trouble.. be careful. it could take a long time to recover or could go belly up.
Two Calculated Risks Possibly Worth Taking [View article]
LDK should have a bounce in January, Reasons: no more tax loss selling in January, and only profit taking(short covering) If the stock doubles from here, it will not reach 50% of the 12 month high. this its my criteria for the January bounce of at least 50%.
CYPB is not my idea of a January bounce. It will move if approval by FDA.
Taking Advantage of the January Effect [View article]
the fact that there is so much skepticism and worry about the January Effect, and theories about why or how it work is the very reason why my method works. My method is based on fact not theory.
Stocks go up and down based on buying and selling. other than trading on inside information, Dec and Jan trading is the most profitable.
the best trade is finding an IPO priced high in Jan of 2008 and now is Dec trading at 25% of the high.
It has a double tax loss because EVERYONE in the stock is short term. It will bounce big in Jan 2009.
Taking Advantage of the January Effect [View article]
the method i use(explained above) is not based on any theory.
it is based on fact.
what causes stocks to go down or stay down.....selling(profi... taking or tax loss selling)
in my examples of the picks in December, there is no profit taking, only tax loss selling in these. almost no one takes a tax loss in January. so the selling pressure is off the stock. the profit takers in January are investors that shorted the stock at high prices in the early part of the year. they are buyers covering their shorts. this buying moves the stock higher.
if they shorted a stock at $10.00 and it is now $2.00, they cover.
Covering at $2.00 or $3.00 is fine. YOU buy at $2.00 in Dec and sell at $3.00 in Jan. I have seen stocks that were $8.00 that are now .55 cents. o.k. companies. these could go to $1.00 or more.
Taking Advantage of the January Effect [View article]
I agree with your general theory of the "january effect". ETF's are good.
More money can be made with individual stocks. More work, more profit.
I don't think any ETF will be up 100% by January 15th,2009
But some stocks in the ETF will.
you must find those stocks.
here is how I proceed: 1) find a company that will not go out of business in the next 2 years. 2) make sure that the stock of this company was shorted at high prices during 2008. 3) this stock must be able to double from the current price and not reach 50% of the 2008 high to be a candidate.
if you find ones that meets this criteria, you will have winners.
these are your big winners. the reason is simple: no tax loss selling in January (selling pressure lifted) the shorts will cover because no taxes til April of 2010.
2009 Will Be a Small Cap World After All [View article]
small caps that were high enough to be shorted in the beginning of the year, usually over $5.00 will make big % moves in January, if they will stay in business. The Reason: no tax loss selling in January. and the shorts will cover in January. (the profit taking shorts don't have to pay taxes for 15 months, if they take profits in Dec, they have to pay taxes in four months.)
I became a stockbroker in October of 1972. during the Dec of 1972 and Jan of 1973 I discovered that this scenario took place. I didn't call it the "January effect", but I used it in my stock picking for customers for years after that. Then somebody mentioned it on CNBC and called it the "January effect" I made a lot of money for customers over the years before CNBC mentioned it. then it became more difficult.
I would bet I was the first to use this theory. it will work this year..
Cramer's Stop Trading! They Know Nothing! (12/9/08) [View article]
FULL DISCLOSURE FOR SHORT SALE PRICE AND VOLUME
At the present time, the exchanges report the long trades (buy, sell)on the tape and "time and sales" transaction for reporting services. (reuters,etc)
What they don't report is the short sale or buy to cover, when it occurs.
The shorts have a great advantage in that the short position on a stock is reported only twice a month. Why should an investor wait 2 weeks to find out the short position, knowing that it may not be accurate. There is no reason that the short sale or the buy to cover cannot be reported in real time, just like the long trades. (buy,sell) Our technology will allow it, why doesn't it happen? The ticker on the tape would look like this:
s3000T (short 3000 ATT)
bc3000T (buy to cover 3000 ATT)
At the end of the day, all the trades should be reported, including short sales and short covering.
T vol 3,699,700 s197,200 bc34,000
It would also be easy to keep a running total of the shares short.
tss678,534 (total shares short This is one way to level the playing field with the shorts. This is full disclosure
we must not send any more money to those crazy foreign countrys. our standard of living is going down and theirs is going up. (or their leaders are getting richer) we must drill everywhere, use solar, wind, fuel cells, waves, nuclear,etc. we need more refineries. coal to gas.
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Latest | Highest ratedUBS's IRS Woes Have Swiss Worried [View article]
The Obama adm. is bullying the Swiss to break their laws to comply with ours. This is Obama's new foreign policy of "listen and learn"? How about if the Mexicans start bullying the US to comply with their laws. this is laughable. the current US Administration should back off bullying the Swiss. Obama and his croneys are subscribing to the "gentle, listen and learn, non dictating policy" to Iran and North Korea. To the Swiss not a chance. The Swiss won't fight back with bombs and killings. Obama has a different policy for them. Dictate to them. Have them comply with OUR tax laws.Soon the EU countries will use this as precedent and demand that the US comply with their tax laws. Then all the EU citizens will take their money out of our banks and our economy will COLLAPSE! The US is a big tax haven for foreigners. Non resident aliens pay no taxes on interest earned in the US. Are we going to give up those names when the EU countries demand them?
Swiss Bank Accounts, the U.S. and Me [View article]
The Obama adm. is bullying the Swiss to break their laws to comply with ours. This is Obama's new foreign policy of "listen and learn"? How about if the Mexicans start bullying the US to comply with their laws. this is laughable. the current US Administration should back off bullying the Swiss. Obama and his croneys are subscribing to the "gentle, listen and learn, non dictating policy" to Iran and North Korea. To the Swiss not a chance. The Swiss won't fight back with bombs and killings. Obama has a different policy for them. Dictate to them. Have them comply with OUR tax laws.Soon the EU countries will use this as precedent and demand that the US comply with their tax laws. Then all the EU citizens will take their money out of our banks and our economy will COLLAPSE! The US is a big tax haven for foreigners. Non resident aliens pay no taxes on interest earned in the US. Are we going to give up those names when the EU countries demand them?
Did Obama stand up to the Iranian gov't and demand that they comply with our laws of freedom to assemble,speech,press,... Did Obama stand up to the North Koreans? No.
But he stood up to the Swiss.
Pres. Reagan stood up to the Russians
Pres. Obama stood up to the Swiss.
Five Actionable Ideas for 2009 [View article]
If the selling continues in the first week in Jan of 2009 on a stock that should have bounced up, that company is in trouble.. be careful. it could take a long time to recover or could go belly up.
Two Calculated Risks Possibly Worth Taking [View article]
this its my criteria for the January bounce of at least 50%.
CYPB is not my idea of a January bounce. It will move if approval by FDA.
Taking Advantage of the January Effect [View article]
it is based on taxes.
Taking Advantage of the January Effect [View article]
Stocks go up and down based on buying and selling. other than trading on inside information, Dec and Jan trading is the most profitable.
the best trade is finding an IPO priced high in Jan of 2008 and now is Dec trading at 25% of the high.
It has a double tax loss because EVERYONE in the stock is short term.
It will bounce big in Jan 2009.
Taking Advantage of the January Effect [View article]
it is based on fact.
what causes stocks to go down or stay down.....selling(profi... taking or tax loss selling)
in my examples of the picks in December, there is no profit taking, only tax loss selling in these.
almost no one takes a tax loss in January. so the selling pressure is off the stock.
the profit takers in January are investors that shorted the stock at high prices in the early part of the year. they are buyers covering their shorts.
this buying moves the stock higher.
if they shorted a stock at $10.00 and it is now $2.00, they cover.
Covering at $2.00 or $3.00 is fine. YOU buy at $2.00 in Dec and sell at $3.00 in Jan.
I have seen stocks that were $8.00 that are now .55 cents. o.k. companies. these could go to $1.00 or more.
Taking Advantage of the January Effect [View article]
More money can be made with individual stocks. More work, more profit.
I don't think any ETF will be up 100% by January 15th,2009
But some stocks in the ETF will.
you must find those stocks.
here is how I proceed:
1) find a company that will not go out of business in the next 2 years.
2) make sure that the stock of this company was shorted at high prices during 2008.
3) this stock must be able to double from the current price and not
reach 50% of the 2008 high to be a candidate.
if you find ones that meets this criteria, you will have winners.
these are your big winners. the reason is simple: no tax loss selling in
January (selling pressure lifted) the shorts will cover because no taxes til
April of 2010.
I have been doing this since 1972.
2009 Will Be a Small Cap World After All [View article]
The Reason: no tax loss selling in January. and the shorts will cover in January. (the profit taking shorts don't have to pay taxes for 15 months, if they take profits in Dec, they have to pay taxes in four months.)
I became a stockbroker in October of 1972. during the Dec of 1972 and Jan of 1973 I discovered that this scenario took place. I didn't call it the "January effect", but I used it in my stock picking for customers for years after that. Then somebody mentioned it on CNBC and called it the "January effect" I made a lot of money for customers over the years before CNBC mentioned it. then it became more difficult.
I would bet I was the first to use this theory. it will work this year..
The January Effect: Small Caps Outperform After Really Bad Years [View article]
here's the way to make the $$$$$
example: if the high on the stock in 2008 was 20.00 and is now trading at 5.00, it is a buy.
here is the rule: if the stock doubles from today's price and could go to about 50% of the high on the year, it is a buy.
another example: high for 2008......3.00 now trading at .75 cents....buy it
Cramer's Stop Trading! They Know Nothing! (12/9/08) [View article]
At the present time, the exchanges report the long trades (buy, sell)on the tape and "time and sales" transaction for reporting services. (reuters,etc)
What they don't report is the short sale or buy to cover, when it occurs.
The shorts have a great advantage in that the short position on a stock is reported only twice a month. Why should an investor wait 2 weeks to find out the short position, knowing that it may not be accurate.
There is no reason that the short sale or the buy to cover cannot be reported in real time, just like the long trades. (buy,sell)
Our technology will allow it, why doesn't it happen?
The ticker on the tape would look like this:
s3000T (short 3000 ATT)
bc3000T (buy to cover 3000 ATT)
At the end of the day, all the trades should be reported, including short sales and short covering.
T vol 3,699,700 s197,200 bc34,000
It would also be easy to keep a running total of the shares short.
tss678,534 (total shares short
This is one way to level the playing field with the shorts.
This is full disclosure
Eyeing a Ferocious Snap Back in Small Caps [View article]
start buying micro caps now.
SWHC, TSTR, ALVR, ENG
Is Emcore Blinded By the Light? [View article]
LEDs Rise as Biofuels Sink (Week Ending 9/19) [View article]
What Happened to Peak Oil? [View article]
we must drill everywhere, use solar, wind, fuel cells, waves, nuclear,etc.
we need more refineries. coal to gas.