95 Comments

    • 3 Investment Ideas for the Rest of 2008 and 2009 [view article]
      dear russell,

      don't take any of these comments personally. anyone can be a critic. they should have commended you for welcoming suggestions, for opening a topic to discussion and making some general predictions. instead, they used you for a punching bag.

      let me remind the readers that anyone can offer up thoughts and you are all welcome to do so. if you disagree with the author, just stick to constructive criticism and lead the discussion in what you perceive to be the correct direction. don't get personal. it detracts from the subject and says more about you than it does about the author.

      sincerely,
      curious (mr manners) cat
      Aug 02 04:15 PM
    • XM-SIRI Marriage: Is Satellite TV Next? [view article]

      we're letting the short term traders off at the bottom. this is your exit. thanks for coming along for the ride.
      Jul 28 03:58 PM
    • Scarlett O'Hara, Doris Day and Financial Market Tumult [view article]
      sadly, your education was lacking then, wasn't it, my aztec friend?
      as it happens, i read greek. please allow me to reiterate:

      1) no one wants to hear it but we can't ignore it
      2) real damage has been done to real people
      3) largely because of a lack of information
      4) heads must roll
      5) the people should stand up and demand it
      6) we should return to the gold standard
      7) she has a doctorate and this article is an invitation for anyone who wants to see her resume.
      Jul 21 12:16 AM
    • Notes on a Schizophrenic Market Week [view article]
      if the aztecs were so prescient, they would have seen the danger coming from spain, or the flu, or stone head dresses or mel gibson, or whatever made them disappear. Jul 20 11:53 PM
    • Uninterrupted Declines [view article]
      that chart makes it appear that we have simply been very fortunate and were long overdue for more of these uninterrupted strings. sadly, it looks like much more of the same, only worse.

      still, there is a bright side. most of us are in the same boat. that was the only thing that comforted me a few years back, when i lost most of my life's savings, as tech collapsed. (actually, i had "wisely" stayed away from the bubble of tech. unfortunately, i was heavily margined in "safe" stocks, not realizing they'd be sucked down too.)

      i knew that trillions had been lost, not just my money. similarly, "our" money is, again, fast disappearing, but that means whatever we have left is going to be more valuable. few or us will have extra bucks to spend, so whatever we want will not be scarce and will not be expensive. unless some foreigner wants it more than we do, but what are the odds of that?

      as the price of a microsoft share goes down, i like to think that gates and his foundation will have fewer dollars to compete with mine when i go to purchase my necessities. i like to think that carnivores will be driving up the price of meat, but i am a vegetarian. i like to think that oil will go sky high, but we will all be listening to that old t. boone picken's song: the answer, my friend, is blowing in the wind. the answer is blowing in the wind.

      keep your chin up and your stick on the ice....
      Jul 11 01:45 AM
    • Time To Start Buying Some Dogs? [view article]
      i could'a' been a contender. Jul 08 02:36 AM
    • Vietnam Suspends Gold Imports, Follows FDR's Great Depression Lead [view article]
      please! there is absolutely no reason to believe that we are that close to the end of time. if gold goes up, no one in our gov't will care. the dollar is not linked to it, is not backed by it and does not care whether anyone wants to buy gold and hoard it to the end of time. our money may be inflating or deflating, depending on what you buy. if the dollar becomes stronger for a year or two, you gold bugs will be losing value while you should be earning money. don't let these fanatics talk you into buying gold. you can't buy a burger with gold, you can't fill your tank with gold, you won't even find a dentist who uses it anymore, you can't wear it around your neck for fear that someone will yank it off, what stinking good is it? better to buy a share in an gasoline club or a farmer's market or a timeshare. for that matter, if you think that dollars are going to be flying around in wheelbarrows, buy some property and pay it off with much cheaper dollars as time goes on. oh, can't do that can you, well, that's because property values are going down. the time to buy gold was when property values were headed up. look out below! Jul 07 01:36 AM
    • High Likelihood of a Market Crash [view article]
      nevada, i was really worried, for a second there, and then i read about the incredible gas chip that could save me money and increase my mileage. i was wondering what they did with all those vegas casino chips when the rubes stopped flying to vegas. i'm guessing you might also have a magnetic bracelet for my arthitis, huh? thanks for the tips. Jun 27 02:48 AM
    • Adventures in Technical Analysis, Jim Cramer Edition [view article]
      to anyone that is still confused regarding the applicability of technical analysis, let me add that i frequented the race track for many years, during which i learned that the crowd controlled the odds on the board, "before" the race. they did not control the race. knowing how they bet, could easily improve your winnings, if you were a better handicapper. you could balance reward with risk and bet what you considered good horses when the crowd disfavored them. still, if you were a good handicapper, you could make money regardless of how the crowd bet.

      in the stock market, however, the crowd controls the odds "during" the race. knowing what they are thinking is mandatory. how they have bet is an indication to what they are thinking. they may be dead wrong about the horse and beat the price down significantly. they can break your horse before it has a chance to run.

      ...and, they're off!
      Jun 24 11:49 AM
    • Why Today Is Different From the Inflationary 1970s [view article]
      in the seventies, i was in my twenties and the future looked bleak because of high inflation. i wondered why no one was lifting a finger to help me. pretty soon, i got tired of waiting for help and i started pulling my own weight. as a result, i got stronger each day. today, i am in my fifties and the future looks bleak because of rampant socialism.

      people, we have to ask you to step away from the table. the public treasury is not bottomless. we cannot increase the amount paid out, just because people are poor. a certain amount of poverty acts as an incentive to the general population. we cannot send paychecks out to stimulate the economy, just because we like business to grow a little longer.

      sometimes, business will not grow. ever hear of farmers letting their fields go fallow? you have to let them replenish themselves.

      whenever you vote for more public spending you are robbing peter to pay paul. even if you are not using a gun, it's still a crime.

      the question of whether government has spent money irresponsibly and dragged us into an unnecessary war is not a question i want answered with more irresponsible spending. the argument i hear is that we have billions to spend on military bombs, planes and tanks, but we have people starving right here. actually, we don't have billions to spend on war, some idiot borrowed the money and now we have to pay it back, not spend more.

      we have been very fortunate, living off of cheap labor from foreigners for many years. now, they are raising the cost of living. some of you think that we should spend until we can no longer borrow and then go bankrupt. it worked for you on your credit cards, it worked on your mortgages, so it should work for the whole country, right?

      you may think everyone else is to blame and the world owes you for all the suffering you've done. you weren't born rich, you didn't hit the lottery, no one died and left you money, oprah didn't give you anything, you didn't own a house when they appreciated, you didn't own gold when it appreciated, you didn't own tech stocks when they appreciated either. that's tough! tough luck, maybe god does not want you to have wealth.

      maybe god wants you to live as a poor person, to suffer and to experience the depth of his compassion. maybe god wants you to get a job and give all your money away. god does not want you to take money away from other people to do his work. he can do that himself. just take care of yourself and your family. try to make your little corner of the world a better place in which to live. don't throw trash out your window. don't waste our precious resources, even if you can afford to do so. ask your neighbors if they need anything when you are going to the store. be of good cheer.

      Jun 14 08:42 PM
    • Nationalizing Oil: Well-Intentioned, But Wrong [view article]
      chubbster, you are right. the left continues to elect touchy feely liberals who feel our pain and want to put us out of our misery. frankly, i can't say i blame them. republicans had the greatest opportunity to fix our economy, to balance our books and postpone the left's lunacy for fifty years. instead, they took us to war.

      that wouldn't have been so bad either, but they screwed that war up. we have air superiority and dominion over the skys everywhere. why do we put our soldiers at risk? why do we get involved in ground wars? it is financially impossible to project power across the globe. vietnam taught us that.

      simply bomb hussein and drop leaflets that the bombs will stop for 24 hours until we hear that hussein is gone or opened his country to nuclear inspection or whatever you want. once you have convinced one country that you mean business, you will have no trouble from iran or north korea.

      or, republicans could have gotten together with china and russia, which both finally headed into capitalism and agreed on a policy that would support all three, instead of allowing our country to be out capitalized by them. china and russia were broke and backward. thanks to our tax dollars being misspent and our energy dollars given to them, they are now able to buy us.

      much as you hate the democrats, at least they would waste our money on us. ok, not the working part of us, but at least the poor part of us. then those people could continue to go to the 99 cent store or walmart and i could buy stock and be rich, but noooooo....
      Jun 11 12:09 AM
    • Is Steve Jobs Sick Again, or Just Thin? [view article]
      an apple a day,.... Jun 10 11:18 PM
    • Fact or Fiction: Sell in May and Go Away? [view article]
      hey zackman, maybe this just isn't a typical election year. so far, my decision to head for the door looks pretty good. see you in october. Jun 09 01:18 AM
    • Oil Will Peak at $150-200 - Barron's Interview [view article]
      soilent breed, soilent greed, soilent green. don't sweat it, rbbartho. populations reach critical mass in countries and people die, either through war, famine, disease or gov't dictates.

      this grim aspect of growth is broken whenever some really smart persons discover methods to produce superfoods (like bread), refrigeration (tons of the world's food spoils before it can be eaten), storage (tons of food are consumed by pests and rodents), or crop yield improvements (through genetic manipulation, fertilization, pest controls and water or soil improvements).

      those discoveries make it possible for the population bubble to expand just when it seems the world has reached its tolerance level and during the next cycle more people survive. of course, that also means that more people die when we reach the upper support level of the next incremental improvement. never-the-less, the incentive for improvements comes from necessity, the mother of all invention. we would still be living in villages, if the process were interrupted. if kings had forced their peasants to stop breeding, progress would have been halted. we have to look at the bigger picture.

      someday, we will send people to the stars. when we get tired of being congested, here on earth, we'll develop a way to escape and seed the universe. that is our mandate. grow or die. you can't mourn the ones who die in the process from hunger, disease or war. their existence serves a higher purpose and ultimately, they will be so small in number when you compare them to the countless people who will be able to enjoy other planets because of their sacrifice.

      feel free to contribute by buying refrigeration stocks, fertilizer stocks, seed stocks or tech stocks. if you are really very smart, maybe you could work on the next generation of solutions yourself. we have to acknowlege that the "just say no" programs are insufficient. our history suggests that adversity is necessary to prod mankind forward. sometimes, that's a nagging spouse. sometimes, it's the perception that armegeddon is just around the corner.
      Jun 08 03:03 PM
    • Is This a Recession, and Should We Care? [view article]
      personally, i sometimes wonder if growth is that important. why can't we be happy with stability? if your car is running at an optimal speed for the traffic, do you have to give it more gas? what is the point of going faster and faster? won't that eventually run you off the road?

      in a system where we have to drive the russians out of business and show others that capitalism is a wonderful way of life, that high revving engine of productivity is essential. but that's done now. so, maybe we can let the rest of the world do some pushing, while we sit back and enjoy the ride.

      maybe we can stop our industry and become a resort paradise, a large theme park, a vacation spot or the perfect place to retire. why should the island people be happy all the time while we work mine to five? don't worry, be happy. ooh, maan, me havin' a bad dream.
      Jun 07 11:37 PM
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