Andrew Horowitz's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/57570/comments http://seekingalpha.com/article/112897-unemployment-s-surprisingly-large-drop?source=feed#comment-343567 343567
A]]> Thu, 01 Jan 2009 14:38:29 -0500
A]]> http://seekingalpha.com/article/108141-who-cares-about-economic-indicators?source=feed#comment-317218 317218
... Never said employment was leading. BUT, I do not believe employment problems have even nearly peaked.

Andrew


On Nov 27 11:08 PM The hand wrote:

> hey dollar talk, i am tired of seeing the same statement in every
> post i read. say it once.
>
> Andrew, unemployment is not a leading indicator - and on many occasions
> in the past the economy started improving before unemployment levels
> improved. However, i agree with the overall thrust of your piece
> that there is nothing out there that is good enough to get excited
> about. rallies based on increased government spending / debt should
> tell you the market is not understanding the future impact of these
> debt increasing actions.]]> Sat, 29 Nov 2008 15:49:38 -0500
... Never said employment was leading. BUT, I do not believe employment problems have even nearly peaked.

Andrew


On Nov 27 11:08 PM The hand wrote:

> hey dollar talk, i am tired of seeing the same statement in every
> post i read. say it once.
>
> Andrew, unemployment is not a leading indicator - and on many occasions
> in the past the economy started improving before unemployment levels
> improved. However, i agree with the overall thrust of your piece
> that there is nothing out there that is good enough to get excited
> about. rallies based on increased government spending / debt should
> tell you the market is not understanding the future impact of these
> debt increasing actions.]]> http://seekingalpha.com/article/108363-institutional-type-stocks-will-rise-and-rise-some-more?source=feed#comment-317216 317216
Careful not to drink too much of your kool-aid sir. (Just a friendly thought)

Andrew]]> Sat, 29 Nov 2008 15:46:43 -0500
Careful not to drink too much of your kool-aid sir. (Just a friendly thought)

Andrew]]> http://seekingalpha.com/article/108141-who-cares-about-economic-indicators?source=feed#comment-315906 315906
A


On Nov 26 09:49 AM the weakonomist wrote:

> I clicked on this article before I knew it was Horowitz. The words
> are gold. I don't move my actual portofolio very much, but my fake
> one is sitting tight like you said.
>
> The indicators are useless as actual measures. But like the Dow
> or even the BCS, they carry significance in most people's lives.
> I do the opposite of the Dow. The more it sinks, the longer I go.]]> Wed, 26 Nov 2008 18:56:45 -0500
A


On Nov 26 09:49 AM the weakonomist wrote:

> I clicked on this article before I knew it was Horowitz. The words
> are gold. I don't move my actual portofolio very much, but my fake
> one is sitting tight like you said.
>
> The indicators are useless as actual measures. But like the Dow
> or even the BCS, they carry significance in most people's lives.
> I do the opposite of the Dow. The more it sinks, the longer I go.]]> http://seekingalpha.com/article/44167-how-to-survive-the-market-sinkhole?source=feed#comment-256748 256748
Use both your eyes and see the date of this and then look at my posts after and you will see how as time and info changed, we moved the advice. THINK before you comment...I wrote DOZENS of posts to help you get out of financials....

But, your comment is very helpful...

Andrew]]> Wed, 17 Sep 2008 07:33:45 -0400
Use both your eyes and see the date of this and then look at my posts after and you will see how as time and info changed, we moved the advice. THINK before you comment...I wrote DOZENS of posts to help you get out of financials....

But, your comment is very helpful...

Andrew]]> http://seekingalpha.com/article/90160-capital-one-a-different-short-case?source=feed#comment-234458 234458 Agree about the lessons here. Also, I agree that the lack of nice remarks/comments is to be expected with the large number of amateurs that have an emotional attachment. But that is the same reason why they will lose...time and time again.

But, may I also suggest you take a look at my writing on my site as much is not picked up here....
www.thedisciplinedinve... and I am participant in MSN Strat lab. Interesting stuff ( I think...)

Best

A]]> Wed, 20 Aug 2008 01:12:55 -0400 Agree about the lessons here. Also, I agree that the lack of nice remarks/comments is to be expected with the large number of amateurs that have an emotional attachment. But that is the same reason why they will lose...time and time again.

But, may I also suggest you take a look at my writing on my site as much is not picked up here....
www.thedisciplinedinve... and I am participant in MSN Strat lab. Interesting stuff ( I think...)

Best

A]]> http://seekingalpha.com/article/91137-don-t-believe-the-lies-ride-the-bank-stocks-bull?source=feed#comment-232694 232694 Sun, 17 Aug 2008 20:24:23 -0400 http://seekingalpha.com/article/90907-a-short-update-on-my-four-short-ideas?source=feed#comment-229997 229997 Thu, 14 Aug 2008 08:11:36 -0400 http://seekingalpha.com/article/90160-capital-one-a-different-short-case?source=feed#comment-229678 229678
I must say, I need to thank you. Seriously. I shorted right after I wrote that to you the other day. $45 for a trade for my client.. a nice position too. It was clear that the troube is not over. So, thanks.. really ( Not to rub it in)

BUT, I do have to ask and without pimping my bon too much (The Disciplined Investor). It is not that you did not sell at $90, 0r 80 or 70 or 60 or even 50. What is up? If you are investor does not mean you canot sell, hedge, sell calls, or something. Truth is that you are never going to sell. So, what is the point of even knowing what the stock or mamangement does? I am nit kidding. If you are not going to sell, forget about it ( not suggesting that it is a good idea to hold but...)

I never understand "investors"...

You can't sell because:
1)If it goes up, it coud go higher
2) If it goes down, you wait for it to come back
3) When it comes back, it is going higher.
4) When it goes back down, you promise that you will sell , if only it gets to $...
5) Then it gets there, and you feel that you were right all along and hold.

If it goes down, you think everyone else is wrong. But think about this: If you are in a room with 100 people and you are the only one that is right...... YOU ARE WRONG!

Ponder that and relate it back to so many of your other stocks that the same thing happened over and over. Just because you don't want to pay th 1-2% fees. YIKES! Crazy Math...

Andrew


On Aug 12 01:00 PM Forrest wrote:

> Andrew, sorry man, I know that you do give good advice in general
> and yes, Capital One is one of many financial institutions that has
> its problems. You do read a lot of BS posts on SA, I guess that
> mine was just another BS post. But as a long on COF, and man I mean
> very long - long since Capital One was spun off from Signet Bank
> ($5.33 split-adjusted) at as a pure credit card play, I get tired
> of reading about how much of a bunch of morons are running COF and
> that COF is going down the toilet. I know that many people hate
> Capital One with a passion and it shows by some of the reply postings
> yours and other COF articles. Heck, I don’t know, maybe they had
> a bad experience with them as a customer when they didn’t pay their
> bill on time or something.
>
> On the other hand, I too have gotten more than a little hot under
> the collar with COF’s management when they decide to branch out into
> banking, auto loans, mortgage loans, and HELoC. Yes, COF could
> do no wrong as a pure credit card play in the ’90 and even up to
> about ’05. They consistently made money, grew, and their write-offs
> were better than normal, especially since that they started as
> a sub-prime credit card issuer. As time went on, COF migrated more
> to a main-stream card issuer, which I think was a move in the right
> direction. Everything seemed well until COF decide to buy Hibernia
> Bank during Katrina, but the stock price held up. Now with the
> substantial exposure to the NYC (and elsewhere) mortgage melt-down,
> big home-equity lines of credit, some of which are tied to foreclosure
> properties, you bet that Capital One is feeling the pressure. Did
> I mention auto loans? You would think that auto loans would still
> hold up, but even once great sub-prime used car loan maker Americredit
> (AFC), is now sucking wind. That being said, I think that COF’s
> current mid-40’s price reflects the true value for this company at
> this time, and I think that the market already has those factors
> that you and this author address already built in to the price.
>
>
> One thing COF shorts and potential shorts do need to watch for is
> that at current levels is that COF’s stock price tends to ride
> up or down with market in general. Lately, very seldom do you find
> a day where COF’s will go down when the market in general is going
> up. If you have a big down day or week in the market you can probably
> short just about any financial and come out on top. I personally
> think that the big short opportunity on COF happened last year when
> if dropped from the 70’s to its current trading level. As for shorts
> and puts on COF? I would say make money in a daily position. Take
> a COF short position and hold on to it? To me that would be like
> playing with fire.
>
> BTW, if you guys like to look a financial stocks that go against
> the grain and don’t have much coverage, take a look at World Acceptance
> Corp (WRLD), but hell what do I know, I didn’t sell COF when it was
> in the 90’s!]]> Wed, 13 Aug 2008 16:07:13 -0400
I must say, I need to thank you. Seriously. I shorted right after I wrote that to you the other day. $45 for a trade for my client.. a nice position too. It was clear that the troube is not over. So, thanks.. really ( Not to rub it in)

BUT, I do have to ask and without pimping my bon too much (The Disciplined Investor). It is not that you did not sell at $90, 0r 80 or 70 or 60 or even 50. What is up? If you are investor does not mean you canot sell, hedge, sell calls, or something. Truth is that you are never going to sell. So, what is the point of even knowing what the stock or mamangement does? I am nit kidding. If you are not going to sell, forget about it ( not suggesting that it is a good idea to hold but...)

I never understand "investors"...

You can't sell because:
1)If it goes up, it coud go higher
2) If it goes down, you wait for it to come back
3) When it comes back, it is going higher.
4) When it goes back down, you promise that you will sell , if only it gets to $...
5) Then it gets there, and you feel that you were right all along and hold.

If it goes down, you think everyone else is wrong. But think about this: If you are in a room with 100 people and you are the only one that is right...... YOU ARE WRONG!

Ponder that and relate it back to so many of your other stocks that the same thing happened over and over. Just because you don't want to pay th 1-2% fees. YIKES! Crazy Math...

Andrew


On Aug 12 01:00 PM Forrest wrote:

> Andrew, sorry man, I know that you do give good advice in general
> and yes, Capital One is one of many financial institutions that has
> its problems. You do read a lot of BS posts on SA, I guess that
> mine was just another BS post. But as a long on COF, and man I mean
> very long - long since Capital One was spun off from Signet Bank
> ($5.33 split-adjusted) at as a pure credit card play, I get tired
> of reading about how much of a bunch of morons are running COF and
> that COF is going down the toilet. I know that many people hate
> Capital One with a passion and it shows by some of the reply postings
> yours and other COF articles. Heck, I don’t know, maybe they had
> a bad experience with them as a customer when they didn’t pay their
> bill on time or something.
>
> On the other hand, I too have gotten more than a little hot under
> the collar with COF’s management when they decide to branch out into
> banking, auto loans, mortgage loans, and HELoC. Yes, COF could
> do no wrong as a pure credit card play in the ’90 and even up to
> about ’05. They consistently made money, grew, and their write-offs
> were better than normal, especially since that they started as
> a sub-prime credit card issuer. As time went on, COF migrated more
> to a main-stream card issuer, which I think was a move in the right
> direction. Everything seemed well until COF decide to buy Hibernia
> Bank during Katrina, but the stock price held up. Now with the
> substantial exposure to the NYC (and elsewhere) mortgage melt-down,
> big home-equity lines of credit, some of which are tied to foreclosure
> properties, you bet that Capital One is feeling the pressure. Did
> I mention auto loans? You would think that auto loans would still
> hold up, but even once great sub-prime used car loan maker Americredit
> (AFC), is now sucking wind. That being said, I think that COF’s
> current mid-40’s price reflects the true value for this company at
> this time, and I think that the market already has those factors
> that you and this author address already built in to the price.
>
>
> One thing COF shorts and potential shorts do need to watch for is
> that at current levels is that COF’s stock price tends to ride
> up or down with market in general. Lately, very seldom do you find
> a day where COF’s will go down when the market in general is going
> up. If you have a big down day or week in the market you can probably
> short just about any financial and come out on top. I personally
> think that the big short opportunity on COF happened last year when
> if dropped from the 70’s to its current trading level. As for shorts
> and puts on COF? I would say make money in a daily position. Take
> a COF short position and hold on to it? To me that would be like
> playing with fire.
>
> BTW, if you guys like to look a financial stocks that go against
> the grain and don’t have much coverage, take a look at World Acceptance
> Corp (WRLD), but hell what do I know, I didn’t sell COF when it was
> in the 90’s!]]> http://seekingalpha.com/article/90160-capital-one-a-different-short-case?source=feed#comment-228413 228413
See: seekingalpha.com/user/...

I wonder who Forrest really is. Now I am interested...

Lets see:
On Jan 22, he commented when the stock was at $37.
On March 25th, he commented on my article when it was $52

So, now COF is $46. I am not sure that I was so wrong Forrest. Maybe you cannot see the trees my friend. Yes, you were right in January. That was a different time.

Can you tell me one thing? What is that huge off balance sheet item feel like to you as a shareholder? Not concerned about securitization legislation?

Listen, don't let the facts get in your way. Just do us a favor and recognize who is the hypester.

You were the same type that whacked me all last year when I was writing about CROX as a prime short. Not one thank you, but lots of crapola from the fanatics.

seekingalpha.com/artic...
seekingalpha.com/artic...

That was June 2007 when Crox was around $40ish. Stock went up for a while, then the truth set in.
]]> Tue, 12 Aug 2008 04:52:06 -0400
See: seekingalpha.com/user/...

I wonder who Forrest really is. Now I am interested...

Lets see:
On Jan 22, he commented when the stock was at $37.
On March 25th, he commented on my article when it was $52

So, now COF is $46. I am not sure that I was so wrong Forrest. Maybe you cannot see the trees my friend. Yes, you were right in January. That was a different time.

Can you tell me one thing? What is that huge off balance sheet item feel like to you as a shareholder? Not concerned about securitization legislation?

Listen, don't let the facts get in your way. Just do us a favor and recognize who is the hypester.

You were the same type that whacked me all last year when I was writing about CROX as a prime short. Not one thank you, but lots of crapola from the fanatics.

seekingalpha.com/artic...
seekingalpha.com/artic...

That was June 2007 when Crox was around $40ish. Stock went up for a while, then the truth set in.
]]> http://seekingalpha.com/article/90160-capital-one-a-different-short-case?source=feed#comment-228411 228411
Interesting. COF DID go to mid 30's and I do not recall predicting 20's, so please DO NOT mis-quote. If you do find some reference to a $20 target, I would like to see and will gladly apologize.

Started discussing in March about credit companies, was I right? YES! COF was $50 or so when I first discussed. Timing was early, but come on and give some credit. A you are not a client and we do not discuss client trading ( just some general overviews) You need to be careful when you speak with such authority.

And yes, we covered some, but profited and on PUTs nicely along the way as well. While I should have stuck with general view of the company, ther was a risk management plan in place, so that if the price moved away, we do not get burned. This is why I stay away from usless commentary without fact.

Your points are not backed up by any fact. The author here does present some good data. AND, to be honest, the NY scene is a major concern.

Unless you are client (which you are not) you cannot have information about this matter, so kindly take your false and biased commentary somewhere else. If you listen to the podcast or read the blog, also, the above would have been what we discussed.

If you would have shorted when I mentioned on the first, second, third....tenth time, you would be up anywhere from 10-15% now, at the low, 30%.

It has become like the old noisy message boards over here. Need to rethink SA....

Andrew]]> Tue, 12 Aug 2008 04:33:36 -0400
Interesting. COF DID go to mid 30's and I do not recall predicting 20's, so please DO NOT mis-quote. If you do find some reference to a $20 target, I would like to see and will gladly apologize.

Started discussing in March about credit companies, was I right? YES! COF was $50 or so when I first discussed. Timing was early, but come on and give some credit. A you are not a client and we do not discuss client trading ( just some general overviews) You need to be careful when you speak with such authority.

And yes, we covered some, but profited and on PUTs nicely along the way as well. While I should have stuck with general view of the company, ther was a risk management plan in place, so that if the price moved away, we do not get burned. This is why I stay away from usless commentary without fact.

Your points are not backed up by any fact. The author here does present some good data. AND, to be honest, the NY scene is a major concern.

Unless you are client (which you are not) you cannot have information about this matter, so kindly take your false and biased commentary somewhere else. If you listen to the podcast or read the blog, also, the above would have been what we discussed.

If you would have shorted when I mentioned on the first, second, third....tenth time, you would be up anywhere from 10-15% now, at the low, 30%.

It has become like the old noisy message boards over here. Need to rethink SA....

Andrew]]> http://seekingalpha.com/article/86778-bill-gates-helps-out-autonation?source=feed#comment-214012 214012
What are you talking about? Dribble, pure dribble. If you need to slam someone, do it on the b-ball courts and leave the thinking to someone who can actually do it.

We can assume that you are long and have been riding this down for years??? Same thing, different day.]]> Fri, 25 Jul 2008 02:11:51 -0400
What are you talking about? Dribble, pure dribble. If you need to slam someone, do it on the b-ball courts and leave the thinking to someone who can actually do it.

We can assume that you are long and have been riding this down for years??? Same thing, different day.]]> http://seekingalpha.com/article/69640-double-whammy-bank-card-companies-may-be-next?source=feed#comment-131408 131408
Hello? I would wager that both Iceman and Forrest are one and the same.

And, shorts working out so far, thanks. (did anyone see the downgrade today?

www.thedisciplinedinve.../]]> Tue, 25 Mar 2008 18:08:55 -0400
Hello? I would wager that both Iceman and Forrest are one and the same.

And, shorts working out so far, thanks. (did anyone see the downgrade today?

www.thedisciplinedinve.../]]> http://seekingalpha.com/article/68709-national-financial-partners-is-vulnerable-barron-s?source=feed#comment-130272 130272
See: www.thedisciplinedinve.../

]]> Sun, 23 Mar 2008 11:53:54 -0400
See: www.thedisciplinedinve.../

]]> http://seekingalpha.com/article/69317-fannie-and-freddie-the-end-of-the-punishment-is-nigh?source=feed#comment-129948 129948
Did you see this 2/28?

"The removal of the mandatory CAP is a dangerous gamble by regulators. There is not much to say from a technical standpoint either. In the end, there needs to be a sacrifice to save the rest of us. FRE and FNM may well be the burnt-offerings to appease the credit gods."

See:www.thedisciplinedinve.../
or
seekingalpha.com/artic...
]]> Fri, 21 Mar 2008 17:27:36 -0400
Did you see this 2/28?

"The removal of the mandatory CAP is a dangerous gamble by regulators. There is not much to say from a technical standpoint either. In the end, there needs to be a sacrifice to save the rest of us. FRE and FNM may well be the burnt-offerings to appease the credit gods."

See:www.thedisciplinedinve.../
or
seekingalpha.com/artic...
]]> http://seekingalpha.com/article/68574-financial-stocks-trading-near-book-value?source=feed#comment-126907 126907 Sat, 15 Mar 2008 15:19:45 -0400 http://seekingalpha.com/article/67273-sears-holdings-may-have-downside-to-75?source=feed#comment-123535 123535 www.thedisciplinedinve.../]]> Fri, 07 Mar 2008 10:50:02 -0500 www.thedisciplinedinve.../]]> http://seekingalpha.com/article/48373-a-disciplined-investor-looks-at-sears-holdings?source=feed#comment-123534 123534
For 5 minutes maybe.... Take a look now. Sorry]]> Fri, 07 Mar 2008 10:49:09 -0500
For 5 minutes maybe.... Take a look now. Sorry]]> http://seekingalpha.com/article/67124-american-axle-strike-unions-continue-to-kill-u-s-manufacturing?source=feed#comment-123530 123530
Now, I have just about had it with the uneducated and the insulting banter that is freely allowed to be written without a shred of knowledge of the real information. Not that it is of any consequence, but for your info, I drive and American car and I work 80+hour weeks. So do me a favor and stick to the topic as anything less make you look even more foolish than you already are.

AND...READ PEOPLE...READ! I never...NEVER, would put down a hard working individual and would never wish to take a job away from anyone. BUT..... the truth is the the middleman..the UNION costs us ALL dearly!

Stop putting your own personal matters in front of everyone else! That is why we are in this predicament to begin with. Everyone wants what is good for them, the unions, the management and the workers. None care about the other, and let's all face this basic fact. That can also be proven by the comments here.

More Proof??? 1 word.. DETROIT

Look at my history and comments. I have been screaming for over 2 years that we have problems and credit liquidity will dry . Am I 100%... NO. But have been much more right than wrong since last May...

Comments accepted...but slurs, insults, stupidity and other reckless idiocy not required.

Finally... AAA, I do not believe you about the "name" comment. It was obviously not in good taste. Though, I do forgive you and hope the best for you. I realize you are in a tough spot. best of luck..

If you do want to hear what I am talking about with some great industry guests, have a listen to my podcast (which is clearly on the mark as it is one of the top independent podcasts available)

phobos.apple.com/WebOb...

Andrew Horowitz

]]> Fri, 07 Mar 2008 10:42:21 -0500
Now, I have just about had it with the uneducated and the insulting banter that is freely allowed to be written without a shred of knowledge of the real information. Not that it is of any consequence, but for your info, I drive and American car and I work 80+hour weeks. So do me a favor and stick to the topic as anything less make you look even more foolish than you already are.

AND...READ PEOPLE...READ! I never...NEVER, would put down a hard working individual and would never wish to take a job away from anyone. BUT..... the truth is the the middleman..the UNION costs us ALL dearly!

Stop putting your own personal matters in front of everyone else! That is why we are in this predicament to begin with. Everyone wants what is good for them, the unions, the management and the workers. None care about the other, and let's all face this basic fact. That can also be proven by the comments here.

More Proof??? 1 word.. DETROIT

Look at my history and comments. I have been screaming for over 2 years that we have problems and credit liquidity will dry . Am I 100%... NO. But have been much more right than wrong since last May...

Comments accepted...but slurs, insults, stupidity and other reckless idiocy not required.

Finally... AAA, I do not believe you about the "name" comment. It was obviously not in good taste. Though, I do forgive you and hope the best for you. I realize you are in a tough spot. best of luck..

If you do want to hear what I am talking about with some great industry guests, have a listen to my podcast (which is clearly on the mark as it is one of the top independent podcasts available)

phobos.apple.com/WebOb...

Andrew Horowitz

]]> http://seekingalpha.com/article/66657-inflation-s-power-the-dollar-in-25-years?source=feed#comment-120772 120772
A]]> Fri, 29 Feb 2008 15:05:30 -0500
A]]> http://seekingalpha.com/article/46169-miracle-bush-to-part-the-bankrupt-sea?source=feed#comment-94929 94929
Comment are brutal these days, but it was the same when I was suggesting shorting at the top of my lungs in July and AUG. Comments were telling me that I was an idiot and the market was set to take off. It was a SWEET cover I can tell you that.

Be careful not to be investing and think with the herd.

One more thing.... I wrote the original VERY early Friday morning and posted on my site... before the speeches. S/A picked it up much later, so ease up on it gang..It was timely when written..Glad to have stirred it up though, good for some good provocative thought.. Well, at least some thought.
]]> Sat, 01 Sep 2007 14:40:55 -0400
Comment are brutal these days, but it was the same when I was suggesting shorting at the top of my lungs in July and AUG. Comments were telling me that I was an idiot and the market was set to take off. It was a SWEET cover I can tell you that.

Be careful not to be investing and think with the herd.

One more thing.... I wrote the original VERY early Friday morning and posted on my site... before the speeches. S/A picked it up much later, so ease up on it gang..It was timely when written..Glad to have stirred it up though, good for some good provocative thought.. Well, at least some thought.
]]> http://seekingalpha.com/article/41718-don-t-get-caught-with-your-crocs-down?source=feed#comment-93424 93424
Are you telling me that as of the date you wrote this that you were up $112,500? The price on that day was about $58.50 and now $6 lower. So does that since then you lost $45,000? That is awful. Seriously, please tell me you had some sell stops and I will be at least a bit relieved. As I thold you sevral times, i am not looking for you to get hurt, just trying to tell it as I saw it.

If you did not, the $48 price low would mean that at one point today you were down $75,000 from your high. This is the whole point to risk management.

Maybe this is a good lesson for all of us (me included) that falling in love can lead to heartache. Hope it comes back for you. We covered all positions nicely this week.]]> Fri, 10 Aug 2007 21:55:07 -0400
Are you telling me that as of the date you wrote this that you were up $112,500? The price on that day was about $58.50 and now $6 lower. So does that since then you lost $45,000? That is awful. Seriously, please tell me you had some sell stops and I will be at least a bit relieved. As I thold you sevral times, i am not looking for you to get hurt, just trying to tell it as I saw it.

If you did not, the $48 price low would mean that at one point today you were down $75,000 from your high. This is the whole point to risk management.

Maybe this is a good lesson for all of us (me included) that falling in love can lead to heartache. Hope it comes back for you. We covered all positions nicely this week.]]> http://seekingalpha.com/article/44043-market-sinkhole-alert-look-out-below?source=feed#comment-93297 93297
Also, since losers outpaced winners, don't you have to say that $68.39 came out of the market..


Just wondering....but good try

Andrew "Sinkhole" Horowitz]]> Thu, 09 Aug 2007 18:26:36 -0400
Also, since losers outpaced winners, don't you have to say that $68.39 came out of the market..


Just wondering....but good try

Andrew "Sinkhole" Horowitz]]> http://seekingalpha.com/article/42205-zumiez-cashing-in-on-its-customers-whims?source=feed#comment-93263 93263 Thu, 09 Aug 2007 11:56:30 -0400 http://seekingalpha.com/article/43788-is-home-depot-s-share-buyback-at-risk?source=feed#comment-93119 93119
Excellent point and right on the money. I have been pounding the table regarding this issue. It seems to me if you attribute EPS growth to buybacks (enormous buybacks) and all eyes are on earnings, I question what will happen when, and if, buybacks stop...

A great article was written by Howard Silverblatt, Senior Market Analyst at S&P that shows the extent of the buybacks in the US markets. Would you be interested to find out that in 2006 on share buybacks within S&P 500 companies were $432 billion than the United States government spent on Medicare $408 billion? 2007 is looking to smash all records....

Also according to S&P, "buybacks, while adding to short-term returns, are temporary in nature if the shares are not retired - which they have not been. Cash build-ups that are now being used to supplement earnings via interest income and reduce share count are not a substitute for operating earning and, as such, should not be priced into future earnings or multiples."

Link to S&P article: www2.standardandpoors....;vlang=en

Link to Podcast with S&P's Howard Silverblatt: www.thedisciplinedinve.../

Something to ponder... Where do we go from here?

Andrew]]> Tue, 07 Aug 2007 22:16:17 -0400
Excellent point and right on the money. I have been pounding the table regarding this issue. It seems to me if you attribute EPS growth to buybacks (enormous buybacks) and all eyes are on earnings, I question what will happen when, and if, buybacks stop...

A great article was written by Howard Silverblatt, Senior Market Analyst at S&P that shows the extent of the buybacks in the US markets. Would you be interested to find out that in 2006 on share buybacks within S&P 500 companies were $432 billion than the United States government spent on Medicare $408 billion? 2007 is looking to smash all records....

Also according to S&P, "buybacks, while adding to short-term returns, are temporary in nature if the shares are not retired - which they have not been. Cash build-ups that are now being used to supplement earnings via interest income and reduce share count are not a substitute for operating earning and, as such, should not be priced into future earnings or multiples."

Link to S&P article: www2.standardandpoors....;vlang=en

Link to Podcast with S&P's Howard Silverblatt: www.thedisciplinedinve.../

Something to ponder... Where do we go from here?

Andrew]]> http://seekingalpha.com/article/41718-don-t-get-caught-with-your-crocs-down?source=feed#comment-93016 93016 Mon, 06 Aug 2007 21:33:12 -0400 http://seekingalpha.com/article/41718-don-t-get-caught-with-your-crocs-down?source=feed#comment-93000 93000
There is something brewing, as the stock hit $52.50 today and when it plummeted it did it with large volume and with a vengeance. Ended down $3.38 on a 280 point day for the DOW. ODD...

Maybe it will be short lived, but if so, I will cover as of now, we are once again up on the shorts because we did it at a higher price than it is here. Crox is a great stock to TRADE as there is severe emotion in the air as can be seen from these posts.

I do hope you continue to make money. Really.]]> Mon, 06 Aug 2007 16:23:21 -0400
There is something brewing, as the stock hit $52.50 today and when it plummeted it did it with large volume and with a vengeance. Ended down $3.38 on a 280 point day for the DOW. ODD...

Maybe it will be short lived, but if so, I will cover as of now, we are once again up on the shorts because we did it at a higher price than it is here. Crox is a great stock to TRADE as there is severe emotion in the air as can be seen from these posts.

I do hope you continue to make money. Really.]]> http://seekingalpha.com/article/43515-mainstreet-media-gets-it-wrong-on-accredited-home-lenders-buy-out?source=feed#comment-92885 92885 Sun, 05 Aug 2007 09:23:57 -0400 http://seekingalpha.com/article/43451-three-pullback-buys-to-consider?source=feed#comment-92817 92817 VLO, maybe
NOOF - Podcasts and broadband going to have effect on this??? HELL!

Why these three? WHY?]]> Fri, 03 Aug 2007 14:28:41 -0400 VLO, maybe
NOOF - Podcasts and broadband going to have effect on this??? HELL!

Why these three? WHY?]]> http://seekingalpha.com/article/43365-hedge-fund-induced-market-troubles-may-not-be-imagined-after-all?source=feed#comment-92723 92723
Andrew Horowitz, CFP
www.thediscipinedinves...]]> Thu, 02 Aug 2007 17:29:06 -0400
Andrew Horowitz, CFP
www.thediscipinedinves...]]>