GKM

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  • Armageddon? Maybe Next Week.
    Thanks cruiser. Thanks John.

    John - is the bond market giving you some indications for two weeks and beyond about the potential for deflation that you can comment on? Shorter term, if the bond auction is in fact well bid then we should conclude that deflation is upon us. Correct? Thanks in advance.
    Aug 22 08:17 am |Rating: 0 0 |Link to Comment |View article
  • Armageddon? Maybe Next Week.
    Admittedly I have trouble wrapping my head around the bond markets most of the time so those who can help me here, I would appreciate it. In a scenario of deflation, I would think that treasuries would be well bid. The author and the comments indicate that won't be the case. So therefore these individuals are portending that the recent strength in the US dollar is not likely to be sustained? So inflation is indeed back in the cards and if so the commodity markets will be well bid? Am I correct in what is being posited here?
    Aug 21 19:18 pm |Rating: 0 0 |Link to Comment |View article
  • Railway Stocks Haul Transportation ETF to Solid Returns
    From the looks of things the performance is about to change for the worse.
    Aug 20 23:21 pm |Rating: 0 0 |Link to Comment |View article
  • Gold: The Commodity Bull Market Isn't Over
    "Physical selling by dealers has been going gangbusters"? Awesome. That's the most bearish thing I've heard so far.

    I remember when my mother rushed out to buy silver in the '70's when the Hunt(?) brothers were trying to corner the market. She paid $30/oz. She still has those bars and they've still got a negative return. The point: she physically bought those bars which was the sign that the public was being sold a bill of goods (its called distribution - you might want to look it up). Just like today.
    Aug 12 08:05 am |Rating: 0 0 |Link to Comment |View article
  • Gold (and Gartman) Haunting Some Investors
    "I asked that very question of many investors in New York and most wouldn't countenance the idea of abandoning their gold stocks." Excellent! - he said in a Monty Burns-esq fashion while rubbing his hands together.
    Aug 11 18:39 pm |Rating: 0 0 |Link to Comment |View article
  • Seven Reasons To Avoid Gold - And Why You Should Ignore Them
    Gold is over owned at the moment thanks to articles like this. Pump it and dump it I guess. Fortunately US treasuries are also over owned (and will continue to be while the gov prints money like its going out of style - which it is). Shorting treasuries is the better way to go in my opinion. Gold will be a buy with a 6 handle on it.
    Aug 07 16:31 pm |Rating: 0 0 |Link to Comment |View article
  • More on Technical Analysis
    Technical analysis works BECAUSE there are those who don't use it. So to those who follow TA, just let the nay-sayers win - it will be much more profitable that way. EOS.

    Salmonites, please go and hold hands with the Cramericans and sing Kumbaya. I wish both of you all the best and I'll see you again tomorrow in the market ;^)
    Jun 24 23:44 pm |Rating: 0 0 |Link to Comment |View article
  • Can Saudi Arabia Push Down the Price of Oil?
    And here I thought this author had some useful comments. Fool me once I guess...

    A tax on the oil companies will do absolutely nothing. If you want to do something, tax gas usage. How about that for an idea? Curb demand and you'll lower price. Econ 101. Take the tax and rebate it back in some fashion. Give people free transit passes or bicycles or discounts on fuel efficient vehicles from GM or Ford if you must (to get those people back to work). It doesn't really matter. Tax what isn't desired and reward what is.

    Pointless article.
    Jun 21 01:23 am |Rating: 0 0 |Link to Comment |View article
  • Thursday Outlook: Commodities, Emerging Markets
    How pathetic. Morgan Stanley upgrades the financials to try to build a floor. When was the last time anything that came out of a bankers mouth was trustworthy? Someone help me out here please. MBIA and Ambac: "we're a-okay". Lehman: "we're raising capital because the market wants us to". What a joke.

    MS must be worried about themselves and what might happen if things continue to deteriorate. To me they are running on the treadmill and its about to notch up to 10. Lehman's down 8% pre-market. How pathetic.
    Jun 12 09:20 am |Rating: 0 0 |Link to Comment |View article
  • Where Does Oil Go from Here?
    Let's look at a couple of the other extremes on the chart to see if hedge funds are truly contrarian indicators for nat gas's direction. In Jan/00 they were long and prices ran up. In Jan/03 they were long and prices rose. In Jan/04 they were short and prices fell. In Jan/07 they were long and prices ran up.

    From this you conclude that because they are aggressively short that prices must rise? I think I'll stick with what the fast money is doing based on their track record. Trading is a zero sum game and someone else is equally as long - likely those with a worse track record.

    John Arnold is one of those traders. He made over a billion in bonus when he blew Amaranth and Brian Hunter up because he was on the other side of the trade. Fast money is fast money for a reason and I wouldn't be standing in front of them on the off chance that they are wrong this time.
    May 12 20:26 pm |Rating: 0 0 |Link to Comment |View article
  • 6 Signs of a Range-Bound Market
    Valid points but it looks like the range may be broken next week.
    May 09 17:49 pm |Rating: 0 0 |Link to Comment |View article
  • Is Oil Bubbling Over?
    Let me adds a link to comments I made months ago... seekingalpha.com/artic... (at the top of the comments section).

    The Fed is out there handing out money for the I-banks to put into the market and drive the bubble even higher. What the heck to people think the I-banks are doing with the t-bills they get in return for junk? They're using them to leverage up to make more (commodity) investments to bail themselves out and at the same time building in more bubbles - as I predicted back in February. There is only one way this market is going to end and its going to be a doozy.
    May 08 19:29 pm |Rating: 0 0 |Link to Comment |View article
  • It's a Rally and It Feels So Good
    I will be very interested to see how the T-bill auction goes Monday. The Fed is already flooding the market with t-bills throw its various TAF et al. facilities. Why would anyone buy t-bills when you can go out and buy cheap sub-prime debt and turn it into t-bills.

    The rally scenario I cotton to is that the US has built up a steam of inflation and is about to release it upon the world with a strengthening dollar. It will feel good for a while but the hang over will be hell to pay.
    May 02 17:35 pm |Rating: 0 0 |Link to Comment |View article
  • Microsoft Says They'll Pay More for Yahoo
    SA Editors: Should there be DISCLOSURE here?
    May 01 09:40 am |Rating: 0 0 |Link to Comment |View article
  • Am I Too Much of a Pollyanna on Starbucks?
    I've been long and wrong on SBUX for a few points but now am a believer in the $10 target. The brand is strong, as long as Howard doesn't muck it up, so growth will continue but at a more sedate pace. As well until economic circumstance improve and commodity prices come down again, I think it will be tough to drive a lot of international growth at this point. However, the great thing about coffee is its addictive so this isn't a fad like Crox and will be a buy once again.
    Apr 25 08:47 am |Rating: 0 0 |Link to Comment |View article

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