Techzone12

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+4 / -2

20 Comments

    • Fri Nov 7th 17:18 PM | Rating: 0 0
      Commented on:
      Global Markets, Meet President Obama. Now What?
      Are you now telling me that Bush went into Iraq to save the Iraqi people from Saddam?. I thought he went there to destroy the weapons of mass destruction!. When the Iraqi wall was torn down, the iranians were quick to fill the vacuum.

      Obama picked "Rahm Emanuel" for the "Cheif of Staff" job!. Oh, great!. When I read about Emanuel, I know that Barak is not intending to make real changes. It is pay back time, if you know what I mean. We are back to business as usual again. The euphoria that surrounded Obama's victory is quickly evaporating!!


      On Nov 07 04:03 PM RedAZ wrote:

      > "Bush has destroyed Iraq"
      >
      > Just ask the millions that were oppressed under Sadaam. Yup, they
      > were fat dumb and happy?
      >
      > The fact is, they freedoms the Iraqis have today are worlds better.
      > And talk with soldiers that have been there - not the smile for the
      > camera politicians or the nothing good happening here press. Let
      > them tell you what is really happening. Let them tell you they are
      > far better off than before. Let them describe the horror of living
      > under Sadaam. Freedom ain't free. And freedom costs lives. As soon
      > as you are not willing to lose life for freedom, you will lose your
      > freedom.
      >
      > Just sit at home and let the media tell you what they want you to
      > know.
      View article »
    • Thu Nov 6th 14:54 PM | Rating: +1 -1
      Commented on:
      Global Markets, Meet President Obama. Now What?
      I agree that we need a thrid party. Corruption runs deep in both parties. Special interest groups are almost in total control. I had voted before for Bush in the year 2000. I cann't say it was the wrong choince, becuase the Gore/Lieberman ticket looked even worst. I voted for Obama this time around, becuase I was just sick and tired of the republicans neo cons. I have to say however, that I don't expect real changes in Washington. It would be business as usual again. But at least we can start doing some damage control. Who knows, maybe Obama will be able to turn things around. I think that he is a good man. I am not sure however, if he is going to be able to swim against the current!


      On Nov 06 03:40 AM edt wrote:

      > Dear xsuddensam,
      >
      > Bravo to you! I didn't vote for the two 'republicrat' party candidates
      > either, but did vote for the independent candidate. The fact that
      > we don't have an independent minded american public is the precise
      > reason why your comments are so true in my view.
      >
      > I watched ,for as long as I could, those fools waving flags and acting
      > like
      > drunks at a new years eve celebration! Now I know why Adolph Hitler
      >
      > was quoted as saying "it's such a wonderful thing for governments
      > that
      > the people don't think!"
      >
      > EDT
      > Chicago, Illinois
      View article »
    • Wed Nov 5th 13:54 PM | Rating: +3 -1
      Commented on:
      Global Markets, Meet President Obama. Now What?
      Obama will have an ugly inheritance. He is going to inherit all the huge problems that Bush and Co. have created over years. It is going to be very hard to dig ourselves out from this deep hole. The economy is on the verge of collapse. Bush has destroyed Iraq, only to help unleash Iran (which is the real threat). America's image has been tarnished, thanks to Guantanamo and such, and the list goes on..
      It will take long time to cleanup the mess. But at least, we can say we are on the right track now, hopefully.
      View article »
    • Mon Oct 27th 11:15 AM | Rating: 0 0
      Commented on:
      Those Who Don't Learn from History...
      It is business as usual. It is OPM after all...
      View article »
    • Wed Oct 15th 10:33 AM | Rating: 0 0
      Commented on:
      First Thoughts on the Fed Plan
      Ok. The market is loosing steam real fast. It looks like that the artificial confidence created by Paulson and Co is eveporating. I have to admit, this downturn was faster than I thought. I thought we will have a nice rally for a week or so. But I was wrong. I made the mistake of taken the plung yesterday (after being idle for almost a year). I went in with 20% of the cash. I pulled out today. I know this sounds erratic, but remember that the market is also chaotic.

      In my opinion, the Feds need to let this problem work itself out, instead of over-reacting (nothing new to the Bush admin). It will be like shock therapy.
      Let the reckless banks and investors pay for their mistakes. And while you are at it, enforce transperancy. Yes we will end with a much smaller financial sector. But on the long run, the system will heal itself. People will be forced to become less addicted to credit, which is a good thing!.

      View article »
    • Tue Oct 14th 11:23 AM | Rating: 0 0
      Commented on:
      First Thoughts on the Fed Plan
      It is clear that the Bush admin is trying every trick to restore confidence. This is mainly for 2 reasons. The upcoming elections and then Bush is trying to salvage his tarnished legacy. The new Cons will have difficulty justifying their war games in Iraq, if the economy continues on a free fall.
      I pulled completely out of the market in December of last year. I congratulate myself, since I have avoided huge losses by this move.

      Having said that, I think this appears to be a sucker's rally. But I would want to take advantage of it, neverthless. I am back in the market with 20% of the cash (very short term).
      View article »
    • Fri Oct 10th 16:06 PM | Rating: 0 0
      Commented on:
      Fear Is Not a Strategy
      I had pulled out of the merket at the end of last year. I have avoided being crushed. Now, it is very difficult to decide when to go back. Panic seems to be emerging, which is never good. I would rather miss the most of the rally, than being slaughtered like a sheep. The risk completely out wieghs the reward at this point. Remember that meraktes do not like uncertainties, and there are plenty of at right now. I will take my money and do something else, other than the brutal stock market. I will be back in a few months to re-evaluate.
      View article »
    • Mon Oct 6th 12:04 PM | Rating: 0 0
      Commented on:
      Dow 10,000: Does Anybody Care?
      Last time I got out of the market was in june of 2001. I got back in at the end of 2006. I then got out completely in November of 2007.The main reason why I got out, is becuase I felt that there was too many aknowns. Speculators were out of control. My sintemet is still bearish for the short term, as there are still some serious aknowns.
      I know it is a lot tougher to decide when to take the plunge and get back in the market. I will keep my eyes open.
      View article »
    • Mon Oct 6th 09:10 AM | Rating: 0 0
      Commented on:
      Propping Up Home Prices Will Not Solve the Crisis
      Dr. Jackpot! While you are at it, why not send homeowners to jail too!. It starting to sound like communism. You can not force people to stay in their homes. If they don't have enough of an incentive to stay then they will just continue to walk away. The 20% at 2% rate, is too little. In some markets the decline is a lot more than that.
      View article »
    • Thu Sep 25th 23:54 PM | Rating: 0 0
      Commented on:
      Another Day Without Precedent
      At my job If I don't perform, I get fired. Why should it be any different at Wall Street? Paulson is a wall Street insider. Bernanke has been sleeping at the wheel. Both political parties are not doing enough to protect the interest of the average joe. Special interest groups are and have been controlling Washington. Get to the root of the problem.. We need a real change..
      View article »
    • Fri Aug 29th 16:06 PM | Rating: 0 0
      Commented on:
      10 Factors in Market Mood Swings
      No one knows the future. But I don't like it when there are so many uncertainties. In my opinion, huge problems are being pushed under the carpet for now (at least until after the elections). There is too much risk, but also huge rewards (for the very few lucky or clever maybe, which I am not part of).
      View article »
    • Thu Aug 7th 14:03 PM | Rating: 0 0
      Commented on:
      Is it Different This Time?
      I remember in the year 2000, a Financial advisor was telling me to put most of the money in tech stocks. I did not listen to him, instead I put 30% only.
      In mid 2001, when I saw the 7% decline in the market (which happend in few days), I pulled all my money out. I was out of the market for many years. I returned in the beginning of 2007. And I bailed out again in December of 2007. I don't calim to be able to time the market, I guess I just got lucky.

      If you have money you don't need for looooong time, then it is maybe a good time to invest. For an average guy, like me, I know I can loose my shirt in this market. That's why I am out of the market for the time being. There is so much uncertainty, and I don't know who to believe. Speculators are every where, and they are out of control.

      I have learned not listen to any body, but instead do my own risk management.
      View article »
    • Thu May 22nd 12:40 PM | Rating: 0 0
      Commented on:
      Oil Is Up Due to Fundamentals, Not Speculation
      Last I have heared refineries at the US are not operating at 100% capacity. There will be no efficient alternative to Oil in our life time. Yes demand is up and yes political uncertainties are playing a huge rule. Someone has to ask what was the dramatic change that has happened in the last 5 years.
      I can imagine in the near future (before the November elections) that the price of oil would come down. But beyond that it's more likely to creep up. There is high risk in buying now, if you are a short term trader (you can lose yor shirt). However, if you are a long term investor, the chances are that there is a lot of money to be made buy investing in oil stocks.
      View article »
    • Thu May 22nd 11:05 AM | Rating: 0 0
      Commented on:
      Oil Price Chart Since 1990
      Ok. From the chart someone can conclude that it has to do with the start of the Iraq war. We know that demand is outpacing supply, but this fact didn't change overnight. I have read a lot of articles that said that the price of a barrel will never be able to cross $100.
      To me it seems like political uncertainties (more to come) have contributed to the sky-rocketing trend. But for now I am predicting the the price will drop right before the november elections. People have short memory.
      View article »
    • Fri Apr 25th 15:51 PM | Rating: 0 0
      Commented on:
      Money Flows Into the Market: What They're Telling Us
      I tried to time the market before and failed, not badly though. I withdrew from the stock market in the middle of 2001. The problem is that I didn't get back until early 2006. I then got out in November of last year. When I do the math I can see some gains with the moves I made, but nothing huge. I have to say I am nervous about today's market. I am getting back in with just 20% of the cash. The risk is too high, but so is the reward! The technicals indicate (although could be artificial) that the market is recovering, but the overall economy suggests otherwise. There are just too many unknowns.
      I think (and obviously I could be wrong), that there will be some significant money to be made in the very short term (one month form now). But long term, the picture is not so rosy! So I will be in and out, trying to time the market, again!!. :)
      View article »
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