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chinacola

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  • The "fiscal cliff" is what is driving stocks down right now, says Wharton's Jeremy Siegel. Any sort of deal, even one that extends tax rates slightly higher than they are now, is easily going to buy you 500 to 1000 points on the Dow. (Video[View news story]
    It is the same old same old. Kick the can down the road again. The fiscal cliff will be "solved" according to the politicians and both sides with claim victory but once again the biggest loser is the American
    taxpayer not the 47% receiving a check or debit EBT card. Work hard pay more; work harder pay even more. Wealth of Nations should be required reading for every politician; one thing is for sure Obama never read it.
    Nov 17, 2012. 08:54 AM | Likes Like |Link to Comment
  • Never one to miss an opportunity to voice his opinion on a subject - any subject - "The Donald" weighs in on the looming fiscal cliff issue: "I’ve never seen a mess like it,” Trump says. We have absolutely no leadership on the subject. A deal needs to be made now, or this country's in big trouble.  [View news story]
    COBeeMan.......you are kidding right.....I obviously do not understand the healthcare bill? I am a doctor and I have been in practiced since 1987. I completely understand the healthcare delivery system. Yes, I have healthcare coverage and I pay for the coverage for all of my employees and I am not worried about losing it because I work for myself. Most doctors that I know are going to retire after this mess of Obamacare starts. The facts are this....fewer doctors, more paperwork, higher costs, less healthcare for all. That is why many of my colleagues are moving to Costa Rica to practice. More money, less headaches and great weather.
    Jul 20, 2012. 12:35 AM | 4 Likes Like |Link to Comment
  • Never one to miss an opportunity to voice his opinion on a subject - any subject - "The Donald" weighs in on the looming fiscal cliff issue: "I’ve never seen a mess like it,” Trump says. We have absolutely no leadership on the subject. A deal needs to be made now, or this country's in big trouble.  [View news story]
    Trump's analysis of Obamacare is completely accurate. Obama has stuck the America people with the largest tax increase in our nation's history and he has disguised it as "helping people get affordable healthcare". What a lie that is. Obamacare has nothing to do with healthcare and everything to do with controlling your life. If Obama can force you to buy insurance he will force you to do other things as well. Our freedom's are slowing being eroded away. 48% of Americans don't pay any federal income tax, so therefore they don't care about the cost of Obamacare, they actually think it is "free". Nothing is "free" in this life and if you do happen to get something for free someone else paid for it. Obama has to be stopped in November or kiss all you hard earned money goodbye.
    Jul 19, 2012. 10:34 PM | 8 Likes Like |Link to Comment
  • Sorry Mr. Chanos, But HP Is Not A Value Trap [View article]
    HPQ is weak and will continue it's decline. I agree with Mr. Chanos even though he is a little late to the party. HPQ is a short and with this market being on the edge all of the time HPQ will continue to decline. Way to many companies out there to buy with more upside.
    Jul 18, 2012. 06:34 PM | Likes Like |Link to Comment
  • 6 Observations About The Euro [View article]
    The euro is going to drop to 1.20. The large institutions will make that happen before years end. However, I think it will happen within the next 30 days. Germany is in the driver's seat and they will not do anything to resolve the real issues so the euro will continue to fall. Also, the fed is not going to do QE3 anytime soon so more pain for the euro. China's numbers tomorrow will not be great so another strike against the euro.
    Jul 12, 2012. 06:20 PM | Likes Like |Link to Comment
  • The Affordable Care Act actually discourages small businesses from growing, says TheStreet.com's Robert Weinstein. Buried within 2,700 pages of the Act is a requirement that businesses provide all employees with "acceptable" health insurance coverage, but exempts businesses with 49 or fewer full time employees. For small business owners, this is a glaring disincentive not to grow beyond 49 employees as a result of the costs and additional regulations companies face with 50 or more.  [View news story]
    Most are missing the point on Obamacare. It has nothing to do with health care and everything to do with raising your taxes. It is the largest tax increase in American history! The second thing Obamacare is about is control. Control "health care" and you will control everything about the person. The 50 employee threshold is just the starting point it will go down to 40 employees then 20 then 5 then everyone. We need to focus on getting rid of Obama and elect people that will vote to repeal this mistake otherwise we all we regret it.
    Jul 6, 2012. 11:50 PM | 10 Likes Like |Link to Comment
  • Weighing The Week Ahead: Time For Some Fireworks? [View article]
    Bought on Thursday will sell before week's end. Plan on shorting the Euro on Monday. I think it is going back down to 1.25 then Europe will have another meeting of the minds and the market will pop again. It is the same old story......just look at the last year or two. This is a trader's market. By the way the employment numbers will again be bad to average and then adjusted down again. Same old same old story.
    Jul 1, 2012. 03:38 PM | Likes Like |Link to Comment
  • Buy Stocks Now, As PIIGS To Escape Slaughter [View article]
    Interesting call. About a week ago I would not have agreed with you, however, I think you are right on this short trade.
    This would only be a very short trade. Most likely a couple of days worth then I would be back to shorting the euro again and out of NBG.
    Jun 14, 2012. 05:01 PM | Likes Like |Link to Comment
  • The Bailouts Continue: Are You Ready For A Rally? [View article]
    Greece will unravel. The election will propel the euro downward. Socialism never works.
    Jun 9, 2012. 07:33 PM | 1 Like Like |Link to Comment
  • Who's Benefiting Most From The Recent Stock Sell-Off? [View article]
    The euro is getting killed and the dollar is getting stronger. The U.S.
    market will continue to go down until the Fed steps in and even then it is going to have limited impact. Greece is Europe's Lehman Brothers and Spain is going to be Bear Stearns. I will be picking up a few high yielding stocks but what is the hurry the time to buy is months away.
    In the meantime I will enjoy lower gas prices and go on vacation.
    Jun 3, 2012. 08:49 AM | 7 Likes Like |Link to Comment
  • Facebook IPO Analysis: Thanks, But No Thanks [View article]
    I have three teenagers; two just dropped facebook and now use twitter all the time. I ask a simple question.....why? They told me that facebook has become to cluttered and all of the changes have not be for the better in their eyes therefore they have switched to twitter. I agree with the author and I will wait this one out. Why buy facebook when apple is a cash machine. Just my two cents.
    Apr 9, 2012. 04:18 AM | Likes Like |Link to Comment
  • Should Apple Buy RIM? [View article]
    Apple will never buy RIMM. They don't need them.
    Mar 29, 2012. 12:32 AM | Likes Like |Link to Comment
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