frank90291's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/91611/comments http://seekingalpha.com/article/164849-john-hussman-defensive-with-a-measure-of-equanimity?source=feed#comment-704903 704903 Government stats are interesting but what evidence is there that this dept is any better run than the post office or any other brain-dead gov agency...
My favorite economic indicators, which change hourly, are the number of homeless sleeping on the streets and the boardwalk in Venice Beach and the increase in the number white people working at McDonalds in black and Hispanic ghettos of Los Angeles....
We should all be able to explain why we own a particular stock or fund, otherwise we have no business buying the damned thing...
Why do I own GS? GS is the 9,000 lb gorilla, the great corruptor, the evil empire, the great Wall St shark... you name it... If the conspiracy guys out there want to know who will run the World, give GS a look.
Why do I own GLD? If anyone has a better, less volatile, more successful stock, ETF or fund for the last 4 years, please let me know...
Be sure to set your stops and get ready to pounce on TLT when it drops 20% or more...
Look out below!!!]]> Tue, 06 Oct 2009 09:37:15 -0400 Government stats are interesting but what evidence is there that this dept is any better run than the post office or any other brain-dead gov agency...
My favorite economic indicators, which change hourly, are the number of homeless sleeping on the streets and the boardwalk in Venice Beach and the increase in the number white people working at McDonalds in black and Hispanic ghettos of Los Angeles....
We should all be able to explain why we own a particular stock or fund, otherwise we have no business buying the damned thing...
Why do I own GS? GS is the 9,000 lb gorilla, the great corruptor, the evil empire, the great Wall St shark... you name it... If the conspiracy guys out there want to know who will run the World, give GS a look.
Why do I own GLD? If anyone has a better, less volatile, more successful stock, ETF or fund for the last 4 years, please let me know...
Be sure to set your stops and get ready to pounce on TLT when it drops 20% or more...
Look out below!!!]]> http://seekingalpha.com/article/163458-inflation-vs-taxation-name-your-poison?source=feed#comment-692748 692748
it's going to be messy and long term...

the preppies in charge are the dumbest in the last 50 years...

what the f.... did they teach these clowns in Haaarvaaard, Princeton, Yale and Columbia...]]> Sun, 27 Sep 2009 01:39:01 -0400
it's going to be messy and long term...

the preppies in charge are the dumbest in the last 50 years...

what the f.... did they teach these clowns in Haaarvaaard, Princeton, Yale and Columbia...]]> http://seekingalpha.com/article/155276-why-today-s-stock-markets-are-all-about-confidence-and-gullibility?source=feed#comment-683324 683324 Sat, 19 Sep 2009 08:44:27 -0400 http://seekingalpha.com/article/162000-lessons-from-a-market-en-fuego?source=feed#comment-680556 680556 The next few months should be very interesting should this "run up" prove to be a "dead cat bounce" or another example of plain old "pump and dump" by very large forces....
So many variables and so many unknowns... Beware of the dudes who claim to have all the answers....
Set your "stops", watch your cash and watch out for the next cliff...]]> Thu, 17 Sep 2009 09:56:41 -0400 The next few months should be very interesting should this "run up" prove to be a "dead cat bounce" or another example of plain old "pump and dump" by very large forces....
So many variables and so many unknowns... Beware of the dudes who claim to have all the answers....
Set your "stops", watch your cash and watch out for the next cliff...]]> http://seekingalpha.com/article/131671-pullback-on-monday?source=feed#comment-469581 469581
these guys must all be trillionaires ..... LOL]]> Mon, 20 Apr 2009 10:14:07 -0400
these guys must all be trillionaires ..... LOL]]> http://seekingalpha.com/article/127925-thursday-outlook-commodities-global-markets?source=feed#comment-441064 441064 One thing for sure, the charts don't lie........... I use a 120 week SMA for GLD.......... got out at 74 and back in at 75 and am a happy camper............. GLD and IEF is all I have............. 95% of ppl have no reason to be in this highly volatile market......... this market is purely "pump and dump"......... believe it !!]]> Thu, 26 Mar 2009 11:31:26 -0400 One thing for sure, the charts don't lie........... I use a 120 week SMA for GLD.......... got out at 74 and back in at 75 and am a happy camper............. GLD and IEF is all I have............. 95% of ppl have no reason to be in this highly volatile market......... this market is purely "pump and dump"......... believe it !!]]> http://seekingalpha.com/article/125337-gold-is-going-to-gain?source=feed#comment-422055 422055

On Mar 11 09:35 AM Kelly Lieberman wrote:

> When one looks at the big picture -700 unemployed applying for a
> janitors job, 1,000's of Americans homeless and moving in with family
> or worse tent cities, millions of people out of work... you have
> to be realistic. The domino effect has just begun and it is racing
> around the entire globe.
> The world is not only on a precarious financial precipic, but we
> also have a myriad of security issues to worry about. Along with
> that, add in the usual natural disasters we can count on every year,
> and the growing discontent,frustration and fear in the world's population.
>
> Tell me, do you really think that the day to day ups and downs of
> the dow will make a difference in 99% of the world's population?
> Traders are making money whether the market goes up or down but the
> average guy in the street with no money and no job still doesn't
> have money to spend. Meanwhile, more jobs are lost every month,
> and the cycle continues. Unfortunately, this crisis is not over
> and we will continue to see fluctuations in the market. Have your
> stops in place...]]> Wed, 11 Mar 2009 14:18:53 -0400

On Mar 11 09:35 AM Kelly Lieberman wrote:

> When one looks at the big picture -700 unemployed applying for a
> janitors job, 1,000's of Americans homeless and moving in with family
> or worse tent cities, millions of people out of work... you have
> to be realistic. The domino effect has just begun and it is racing
> around the entire globe.
> The world is not only on a precarious financial precipic, but we
> also have a myriad of security issues to worry about. Along with
> that, add in the usual natural disasters we can count on every year,
> and the growing discontent,frustration and fear in the world's population.
>
> Tell me, do you really think that the day to day ups and downs of
> the dow will make a difference in 99% of the world's population?
> Traders are making money whether the market goes up or down but the
> average guy in the street with no money and no job still doesn't
> have money to spend. Meanwhile, more jobs are lost every month,
> and the cycle continues. Unfortunately, this crisis is not over
> and we will continue to see fluctuations in the market. Have your
> stops in place...]]> http://seekingalpha.com/article/122777-is-gold-really-a-safe-haven?source=feed#comment-404430 404430

On Feb 26 09:12 AM know nothing wrote:

> Human emotion is a investors enemy. Be strong. Develope a game plan,
> and stay with it. Don't listen to the grubs, that have no foresight.
> They only live by the hour, and investors they will never be.]]> Thu, 26 Feb 2009 10:19:26 -0500

On Feb 26 09:12 AM know nothing wrote:

> Human emotion is a investors enemy. Be strong. Develope a game plan,
> and stay with it. Don't listen to the grubs, that have no foresight.
> They only live by the hour, and investors they will never be.]]> http://seekingalpha.com/article/122282-protecting-yourself-from-a-gold-etf-bubble?source=feed#comment-401431 401431 Tue, 24 Feb 2009 10:53:33 -0500 http://seekingalpha.com/article/121250-gold-the-only-remaining-bubble?source=feed#comment-393974 393974

On Feb 18 01:33 PM scottygee wrote:

> It's too hard to accurately predict the future when the government
> can change things at any point in time. The only future I can predict
> is what I'm going to do with the money I've made off of Gold in the
> past 6 months. Need help visualizing? Compare a chart of gold vs.
> Dow index over past six months. I don't care what you call investment
> in gold (inflation hedge, safety play, blah blah blah), I call it
> capital gains.]]> Wed, 18 Feb 2009 15:19:59 -0500

On Feb 18 01:33 PM scottygee wrote:

> It's too hard to accurately predict the future when the government
> can change things at any point in time. The only future I can predict
> is what I'm going to do with the money I've made off of Gold in the
> past 6 months. Need help visualizing? Compare a chart of gold vs.
> Dow index over past six months. I don't care what you call investment
> in gold (inflation hedge, safety play, blah blah blah), I call it
> capital gains.]]> http://seekingalpha.com/article/119247-barron-s-takes-down-cramer-again?source=feed#comment-380500 380500 Mon, 09 Feb 2009 01:12:15 -0500 http://seekingalpha.com/article/117439-a-simple-post-on-gold?source=feed#comment-371065 371065 I know, I know, I know, I'm nuts, so maybe I'll buy some C, F, MSFT, QQQQ to go with my GLD and big macs (MCD). That way I'll have a well balanced and diverse folio............
Actually, it's a good thing to have lots of cash and hunker down because this mess will last for a long time..... The great transfer of wealth has begun and will grow more intense with the current administration and it's kool aid supporters who actually think the screwups in government can do something right.......]]> Fri, 30 Jan 2009 10:48:19 -0500 I know, I know, I know, I'm nuts, so maybe I'll buy some C, F, MSFT, QQQQ to go with my GLD and big macs (MCD). That way I'll have a well balanced and diverse folio............
Actually, it's a good thing to have lots of cash and hunker down because this mess will last for a long time..... The great transfer of wealth has begun and will grow more intense with the current administration and it's kool aid supporters who actually think the screwups in government can do something right.......]]> http://seekingalpha.com/article/112402-gold-poised-to-move-higher?source=feed#comment-340602 340602
History is bunk........... what happens to the SP500 @ 6:30 (LA time) has little relation to what the the SP500 reads @ 10am......... 1980 has little to do with 2000 or 2008

finance.yahoo.com/etf/...

]]> Mon, 29 Dec 2008 12:09:23 -0500
History is bunk........... what happens to the SP500 @ 6:30 (LA time) has little relation to what the the SP500 reads @ 10am......... 1980 has little to do with 2000 or 2008

finance.yahoo.com/etf/...

]]> http://seekingalpha.com/article/112274-silver-and-gold-more-than-just-a-christmas-carol?source=feed#comment-338801 338801 A portion of your portfolio being in gold is not a bad idea and cash in your credit union and God knows where else makes sense also........
Let's not quibble about the merits of GLD, gold coins or cash. Just keep an eye on your taxes, especially death taxes.


en.wikipedia.org/wiki/...

]]> Fri, 26 Dec 2008 13:35:04 -0500 A portion of your portfolio being in gold is not a bad idea and cash in your credit union and God knows where else makes sense also........
Let's not quibble about the merits of GLD, gold coins or cash. Just keep an eye on your taxes, especially death taxes.


en.wikipedia.org/wiki/...

]]> http://seekingalpha.com/article/112274-silver-and-gold-more-than-just-a-christmas-carol?source=feed#comment-338688 338688 If one chose to buy GLD at the beginning of 2005 and held on, then !5% -18% is real...]]> Fri, 26 Dec 2008 11:08:40 -0500 If one chose to buy GLD at the beginning of 2005 and held on, then !5% -18% is real...]]> http://seekingalpha.com/article/112274-silver-and-gold-more-than-just-a-christmas-carol?source=feed#comment-338633 338633 Fri, 26 Dec 2008 09:57:42 -0500 http://seekingalpha.com/article/112100-gold-not-an-effective-hedge-against-inflation?source=feed#comment-336982 336982 Tue, 23 Dec 2008 16:18:02 -0500 http://seekingalpha.com/article/112006-as-good-as-gold?source=feed#comment-336643 336643
Here's what I think of your advice.........

www.youtube.com/watch?...
]]> Tue, 23 Dec 2008 11:18:24 -0500
Here's what I think of your advice.........

www.youtube.com/watch?...
]]> http://seekingalpha.com/article/111758-why-gold-hasn-t-been-a-hedge-against-inflation?source=feed#comment-336163 336163 MCD) has done better than GLD for the last 3 years but that is it....... GLD has done 18%/yr average since it's creation in November of 2004 so what's the problem with that......... use a 300 dSMA and SET YOUR "STOPS" then get a life. Do it in your self directed IRA to avoid tax hassles.]]> Mon, 22 Dec 2008 18:48:29 -0500 MCD) has done better than GLD for the last 3 years but that is it....... GLD has done 18%/yr average since it's creation in November of 2004 so what's the problem with that......... use a 300 dSMA and SET YOUR "STOPS" then get a life. Do it in your self directed IRA to avoid tax hassles.]]> http://seekingalpha.com/article/110402-madoff-scandal-biggest-story-of-the-year?source=feed#comment-327913 327913 Where do all these Forrest Gumps come from.....]]> Fri, 12 Dec 2008 18:49:08 -0500 Where do all these Forrest Gumps come from.....]]> http://seekingalpha.com/article/104688-portfolio-preservation-in-a-down-market?source=feed#comment-300152 300152 "Diversification" is a sales gimmick......
"Dollar cost averaging" is a sales gimmick but can be useful for many people in an IRA.........
"Efficient market theory" is nonsense........
Puts, calls, Cramer, Brinker and over 90% of mutual funds are BS... (ETF's are superior).........
Just be sure to set your "stops"....... an exit strategy is the most important thing in investing... IMHO
Buying individual stocks is for fools........ IMHO
KEEP IT VERRRRRY SIMPLE !!!!!



]]> Fri, 07 Nov 2008 11:07:21 -0500 "Diversification" is a sales gimmick......
"Dollar cost averaging" is a sales gimmick but can be useful for many people in an IRA.........
"Efficient market theory" is nonsense........
Puts, calls, Cramer, Brinker and over 90% of mutual funds are BS... (ETF's are superior).........
Just be sure to set your "stops"....... an exit strategy is the most important thing in investing... IMHO
Buying individual stocks is for fools........ IMHO
KEEP IT VERRRRRY SIMPLE !!!!!



]]> http://seekingalpha.com/article/102456-so-we-find-a-bottom-then-what?source=feed#comment-292905 292905 CASH is KING for quite a long time, believe it !!!]]> Tue, 28 Oct 2008 19:05:25 -0400 CASH is KING for quite a long time, believe it !!!]]> http://seekingalpha.com/article/99477-the-smartest-people-to-follow?source=feed#comment-282490 282490 Above the line use VTI or even better, FFNOX (Fidelity 4 in 1 fund) for less volatility......
If the equity index fund (or FFNOX) drops below the line then switch to TLT or IEF.......
TIP's are a waste now.........
Best in an self directed IRA.........

I do use CGMFX in my taxable acct.....OUCH... 10% payout last year......... PRPFX also.. a great fund, tax efficient and great quarterly stats........]]> Tue, 14 Oct 2008 20:00:31 -0400 Above the line use VTI or even better, FFNOX (Fidelity 4 in 1 fund) for less volatility......
If the equity index fund (or FFNOX) drops below the line then switch to TLT or IEF.......
TIP's are a waste now.........
Best in an self directed IRA.........

I do use CGMFX in my taxable acct.....OUCH... 10% payout last year......... PRPFX also.. a great fund, tax efficient and great quarterly stats........]]> http://seekingalpha.com/article/95281-ce-spending-looks-dismal-but-macs-set-to-hit-new-all-time-high?source=feed#comment-254986 254986 Mon, 15 Sep 2008 12:09:36 -0400 http://seekingalpha.com/article/90274-just-what-the-doctor-ordered-healthcare-and-biotech-etf-review?source=feed#comment-229023 229023 Tue, 12 Aug 2008 21:09:43 -0400 http://seekingalpha.com/article/84580-getting-out-of-today-s-bear-market?source=feed#comment-203452 203452 IRA...
Swiss francs (FXF)
GLD
DJP
TIP
FLVCX ( FIDELITY LEVERAGED FUND )
Taxable..........
FCSTX ( Fidelity short/intermediate muni fund )
CGMFX ( Ken Heebner is the best but had a big payout in December )
NO STOCKS EVER
KEEP IT SIMPLE AND ALWAYS BE PREPARED TO BAIL OUT !!!!
]]> Fri, 11 Jul 2008 21:39:15 -0400 IRA...
Swiss francs (FXF)
GLD
DJP
TIP
FLVCX ( FIDELITY LEVERAGED FUND )
Taxable..........
FCSTX ( Fidelity short/intermediate muni fund )
CGMFX ( Ken Heebner is the best but had a big payout in December )
NO STOCKS EVER
KEEP IT SIMPLE AND ALWAYS BE PREPARED TO BAIL OUT !!!!
]]> http://seekingalpha.com/article/83665-the-u-s-dollar-a-six-month-outlook?source=feed#comment-198470 198470 We are in bigger trouble than at any in the last 50 years..........]]> Fri, 04 Jul 2008 09:22:54 -0400 We are in bigger trouble than at any in the last 50 years..........]]> http://seekingalpha.com/article/83578-nowhere-to-turn-for-market-relief?source=feed#comment-197464 197464 Wed, 02 Jul 2008 15:33:00 -0400 http://seekingalpha.com/article/83116-why-i-m-still-holding-onto-gold?source=feed#comment-195160 195160 FXF) are good too....... I sold all American junk and have been heavy into Canada (EWC) and Brazil (EWZ) for over 2 years........... DJP is a favorite .......it's all about things in the ground and grow out of the ground from here on out folks, believe it.......... BUT, be sure to set your stops... :) :)]]> Sun, 29 Jun 2008 10:57:46 -0400 FXF) are good too....... I sold all American junk and have been heavy into Canada (EWC) and Brazil (EWZ) for over 2 years........... DJP is a favorite .......it's all about things in the ground and grow out of the ground from here on out folks, believe it.......... BUT, be sure to set your stops... :) :)]]> http://seekingalpha.com/article/72496-who-s-to-blame-for-the-commodities-boom?source=feed#comment-151628 151628 Wed, 16 Apr 2008 10:49:38 -0400