tivoboy

America, The Nanny State

Nice post.

couple of points. I wouldn't call 66$ BILLION a rounding error.
and, for the people who show 50,000$ in income and choose not to purchase healthcare, how many are heads of family, family of say four and supporting a household? At nearly those levels, 40,000$ the government considers that condition poverty for a family of four, 50$ isn't much of a stretch in many states, with a family of four I can understand that health insurance is at the bottom of a list of items they choose to buy, like home, heat, clothes, food, transportation and maybe some luxuries like a trip to the movies once a quarter

The point of this shouldn't necessarily be making health free or accessible to all, it should be to make it much more AFFORDABLE.

First-Time Home Buyer Tax Credit Fraud Called 'Disturbing?'

I love how the media make this out to be MONEY LOST, like taking cash OUT OF A BANK. This is TAX FRAUD, and at best, simply lowered TAX PAYMENTS. If they catch this, and audit it, these people will owe TAXES in following years tax payments, it isn't as if they got a 1500$ per child PAYMENT for not having children, and not having income to offset it with. This money will be recouped by the IRS and treasury. but, it could take 1-2 years.

Inverse Correlation of Stocks vs. Dollar at a Glance

it won't "snap back" before late tuesday or early wednesday. We need to sell more treasuries next week, and the lower the $$, the more treasury demand there is!! Mark my words, dollar lower monday and tuesday next week

Taking Some Profits: Where Is This Country Going?

TM, I am doing just as you. I bought in a number of the same positions last friday, including the BGU and SSO, but have been scaling out since Wednesday and today even more so.

Mark my words, there will be a pull back next week, most likely at the end, but then the FOLLOWING week I think we'll see even another leg up (this could be an H&S with TWO HEADS) before a more precipitous fall towards the end of the month.

Vonage Launches Mobile Apps, Focusing on International Calls

I really don't like the montly fee for this, they should do away with it. I know it is only .35$ a month, but still. FBI is for the damb banks!

Apple: Set to Double Again

I think unfortunately, even IF all this revenue comes in and continues to climb, that the multiple that the street is willing to pay will come down - quickly. So, I don't see anything like a double in the stop price.

Eight Reasons Bank of America Is Going to $20

Yeah, this article was a big contributor to my taking on BAC stock and the 2011 options which at the moment I really don't know what to do with? Any else holding the long 2010 or leaps? What do we do now?

SA Site Status Update, 8/23/09

Thanks for keeping us informed. I was one who sent this in, it was indeed "scareware", and nobody should have been infected, unless of course they clicked YES and let the installer run. Too bad it appears that some did just that.

Some Global Markets Are Up Big YTD

Are these POSITIVE or NEGATIVE, the HYPHEN seems to make it seem that they are NEGATIVE which I know they are not. Maybe a different punctuation would help?

Thursday Outlook: Commodities, Global Markets

Wow, I am sure we are ALL thinking about you during this time. I've been through it already a couple times before, and JH is a great place for the best treatments!

Let me know if there is anything we/I can do to help, technology, wireless broadband cards, I'm in that area pretty often.

best
TB

Is Apple Stuck in a Trading Range?

Honestly, I cannot understand why one would use the argument that an HISTORICAL return of 57,400% is cause for concern for future growth - not that there ISN'T concern, just that the historical growth of a company isn't the best predictor. Will there be growth, certainly, but it of course won't be at these levels.

Let's think about, umm, AT&T. It probably went public 100 years ago with a market cap of 10million, today with a market cap of 150 BILLION, what does that growth % look like? I'm certainly not going to use that % as an indicator of future growth from here.

High Sirius Volume Begets... High Volume

I bought it at .07, and sold it at .30, I should have kept it, but heck I couldn't go back in the .30's, but now I am ACTUALLY considering a re-entry with some of the proceeds. At a .05 price, it was an option play, buying 200K shares of anything is always a bit spooky, but heck, it worked out then.

Geithner Creates Buying Opportunity in Financial ETFs

I totally agree with at least one point here. This is one GIANT game of CHESS. The statement from the banks, that "Jan and Feb were good, but March was tough" was just another example of not wanting to appear strong, when M2M and other initiatives were still on the table. I think M2M will occur and we will see some further nice moves. I'm long BAC from 2.5 and 3.75$, and also long 01/2001 leaps at .05$.

Reviewing My Portfolio Christmas Shopping

I like the PRLAX and added to it earlier in the month at a low. I think it is a hold, not concerned yet about Latin America.

Leveraged ETFs: Handle with Care

I also don't see exactly this correlation. As an example, I bought into the BGU on 2/23 for 23.25$, that day we had a close of 7550 or so, but I picked it up intra-day at around 7400 I think.

It went down of course with the market fall. Yet, I held, and added to it at 6700. This is a 3x UP market ETF.

Recently, we hit 7500 again, and where was the ETF, it was at 23.5$, about where it had started. Now, I GUESS this shouldn't be the case, but now we are up about 3% from those levels, to 7850 and the BGU is up about 10%. I say about, it could be 1% more or less up. I agree, these will not track 1 for 1, or 3 for 1 etc., but I don't show either a losing position now, 1 month later, or a measurably HIGHER gain 1 month later.

I'm glad I simply doubled down with the TRIPLE RETURN BGU at market lows three weeks ago, but the original position is yielding what I figured it should at this point.