mixter

Current Market Turmoil: You Can’t Explain 'Stupid'

Parasites and "do gooders" are destroying our country. Socialism equals communism, and have proven themselves capable of reducing the standard of living where it is they ruling form of government.

The environmentalists have taken over the "Dim-wit-o-crat" party. This has led to reduced oil supply and refining capacity. New refineries built in our heart land would help eliminate shut downs caused by hurricanes. More drilling would result in more oil being produced and lower prices.

Our government encouraged lending institutions to wave sensible credit qualifications so as to promote home "ownership" for minorities and low wage earners. Greedy lenders, and uninformed (nice term for stupid) borrowers were the catalyst for disaster. Now, responsible people are getting stuck for bailing out the people that caused the mess.

So much for socialism and social programs!

Pseudo-science and Al Gore's false information are promoting the hoax of man made global warming. Consequently, the stupid notion of carbon caps will cause the Western industrialized nations to regress back to the dark ages if this is not nipped in the bud.

Geology teaches us that there have been numerous periods of warming and cooling going on long before man inhabited our planet. British scientists have provided convincing evidence that the sun's solar flares (sun spots) cause global warming when they are more active, and cooling when they are less active. Carbon dioxide is released from the ocean as it gets warmer, as a result of the sun's activity, and is not responsible for for the warming. Instead, it is the result of higher temperatures.

In addition, water vapor is the main "green house" gas. How would we eliminate it and who would want to? Living matter needs water to grow and survive.

I, for one, and one of many, do not want to revert to a life style that cave men were accustom to living, because a bunch of wild eyed liberal idiots are screaming nonsense about man made global warming!

It is past time for the voters to wake up and utilize some common sense!

Do You Have the Guts to Buy?

A friend of mine sold all of his oil stocks a couple of weeks ago. I didn't. I have lost around $150,000 in paper profits because I didn't sell too. I am confident my stocks will come back, but am not so sure I will live to see them do so as I will turn 72 in August. And, then, of course if that Communist Obama gets elected, I expect to see the market, as well as our whole economy, tank anyway!

Perhaps gold is the answer but you can't eat it, it doesn't keep you warm at night, and you can't make love to it! What's a poor guy to do?

High Likelihood of a Market Crash

Don't worry comrades, Obama and the government will take care of every thing. Your mud hut, shared with all of your relatives, and the semi-warm gruel will make you hate America even more, which is what you "blame America first" idiots want! We will all be able to enjoy the malaise Jimmy Carter promoted.

The S&P 500 Is Struggling - And Peaking

The prospect of Obama being elected president, people taking Al Gork's hoax, global warming seriously by enacting a carbon tax (which will most likely cause electricity to go up 60% to 150%, and the "greenie weenies" prohibiting drilling, new coal fired and nuclear electric generation plants are enough to make "Atlas Shrug", and cause us to go into a depression. Obama's redistribution of wealth concept will prove disastrous, along with bigger, more inefficient government. My God, we suffered through one presidency of Jimmy "the wimp" Carter! Too bad the "killer rabbit" didn't get him.

The Triple Play: Oil Addicts, The Credit Crunch and Deflation

As a fourth generation "oily", and a graduating geologist in 1958, no one was concerned that the world was awash in oil, and only two graduates out of my class of 136 were offered jobs. Subsequently, in the early '80's, the oil bust resulted in over 600,000 people losing their jobs, and hundreds of oil related companies going out of business.

The owners and top executives of the surviving companies had to make many hard decisions in order to survive. None of our politicians, or the general public were the least bit concerned, as long as the could obtain cheap energy and petroleum derived products.

Now that times have changed, "Big Oil" should be punished according to the warped logic of the pandering politicians and ill informed public.

This is tantamount to killing the goose that has laid many golden eggs that have enabled the civilized Western world to build great countries, and raise the standard of living for most of the people of the world.

If finding, producing, transporting oil and gas, refining, getting the end product to market is so easy and lucrative, why doesn't every one get in the oil business. All it takes, in most instances, is millions of dollars to speculate on leasing, drilling, and completing wells (assuming you are fortunate enough to find hydrocarbons in commercial quantities, instead of being liable for plugging a dry hole).

Better yet, why doesn't every one invest in oil company stocks?

After all, the oil companies only have to evaluate geological prospects, negotiate leases with mineral owners (whether they be individuals or foreign governments that can change the "rules" overnight), figure out how they can prepare the drilling site (whether it is located in deep oceans, swamps, mountain sides, deserts, or populated areas), comply with numerous rules and regulations, make arrangements to drill, evaluate the geological formations encountered during drilling operations, complete the well, install production facilities to separate oil, water, and gas (make arrangements to safely dispose of the produced salt water), and transport the hydrocarbon to market. Then comes the hundreds of millions of dollars worth of investment to design and build refineries that are efficient and comply with numerous EPA, and OSHA regulations (even if permission is granted).

Oh yes, "big oil" has it made. All it has to do is pick the low hanging fruit that abounds all around!

Better yet, let's just kick their asses, it will make us feel better even if only reduces supply and raises prices!

The Current Market according to the Dow Theory

I'll bet my team beats your team and am willing to put up $10,000 to back my belief. This is called gambling, and so is playing the stock market. Sure there are educated guesses, but which school of thought do you use? I prefer the school of hard knocks! The genius, Ivy League scholars, with all of their theories, ought to be rich by now if they are correct in their assumptions. Ditto for all the so-called financial advisers.

Is There an End to Our Market Woes?

Al "Gork" and his pseudo-science global warming scam crowd will greatly cripple the Western world's economy if allowed to implement the "greenie weenie" carbon offset scam being proposed.

Why don't people consult with geologists and astronomers who have studied the history of our earth and universe. They understand the effect of volcanoes, oil and gas seeps, earthquakes, erosion, etc. solar flares and the earth wobbling on its axis, along with an irregular orbit, on our planet. Man is but a puny puff of wind in a hurricane environment!

This is the real threat to the well being of the stock market and out economy!

And You Thought I Was Negative about the Economy

Trader Mark sounds like a "doom and gloom" Dim-wit-o-crap!