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    • Sun Sep 14th 09:01 AM
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      Commented on:
      Selling Short America and the Rest of the World
      The 1st and ONLY article I have ever read (except for my blog that is :-) ) that finally tells the truth.

      Maybe this will help:
      www.youtube.com/watch?...
      View article »
    • Fri Sep 12th 08:15 AM
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      Lehman Won't Be the Last Major Bank Failure
      Unfortunately, you probably will be correct. This entire mess>> from the monolines thru the commercial banks thru the regional banks and now thru the investment banks; will never end until someone takes out the shorts that have so carefully engineered this “Crisis in Confidence”.
      This reminds me of the scene from “Independence Day” when the Prez (Bill Pullman) is mind linked with the alien.

      ”I could see into the minds and I know what they are planning. They are locusts going from planet to planet, stripping it of all its natural resources. When they’re finished with one planet, then just move on; and we’re next!
      Nuke ‘em! Nuke the bastards!”
      View article »
    • Thu Sep 11th 07:07 AM
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      Commented on:
      Have the Limits of US Monetary Policy Now Been Reached?
      I'm not exactly sure about the US, but my limit was reached a long time ago. My limit was breached when everyone allowed Beare Sterns to be wiped out by a small group of short sellers whom had already engineered the general demise of confidence in our system.
      Just like oil and the so-called 'speculators' speculation, our financial system is based on parameters, some more esoteric then others, which have been destroyed by a select group of narcissistic short sellers.

      Fannie & Freddie did not have to happen, and we all need to look for the true reason why it, among others things did happen.

      You’ve all heard the anti-drug commercial: “A mind is a terrible thing to waste.” >>> well: “Confidence is a terrible thing to destroy.”
      View article »
    • Sun Sep 7th 07:49 AM
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      Commented on:
      Merger Watch: Longs Drug Stores - CVS Caremark
      To hell with that! $71.50 was too much - $73 to appease some egos is outlandish. CVS & LDG are in the drug, retail, & PMB businesses and not in to buying and selling real estate. If some greedy shareholders that just bought in 2 months ago want to trade property - let them go buy Century 21.
      View article »
    • Sun Aug 31st 08:00 AM
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      Commented on:
      Jet Blue: Analyst Enthusiasm Could Present Opportunity to Sell
      This is simply not the case, but rather the excuse of short sellers and their minions to try to destroy any recovery in a stock, and in this economy at a whole.
      I am still amazed on why so many have become obsess with the US’s financial demise.
      View article »
    • Fri Aug 22nd 09:02 AM
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      Fear Not Yet a Factor
      I'm sorry, I can't get with your program: shorts are NOT good fot this market or any market.
      Firstly, they can take their liquidity and INVEST it for the building of our society, instead of trying to destroy it.
      Secondly, who ask these people to be my financial guardian? Did I miss the election?

      But in any case, it's not so much the shorting process, but really the GANG-SHORITNG of stocks. It has become far too easy for a couple of well funded shorts to water-board a stock to death. Torture in the name of transparency, is still torture.
      View article »
    • Wed Aug 20th 07:38 AM
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      Commented on:
      Financials and Housing: The Outlook Remains Ugly
      The only thing that 'remains ugly' here is your narcissistic, Generation Me’er compulsion to prove yourself right no matter who or what you destroy.
      Have you ever thought maybe, just maybe that the constant water-boarding of our banks and other financials institutions has perpetuated a major part of this mess. If they treated prisoners at Guantanamo like you treat our financial system, people would be screaming bloody murder.

      Ok, you were right BUT:
      STOP IT ALREADY! ENOUGH! BASTA! NO MAS!
      View article »
    • Wed Aug 13th 07:35 AM
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      Ackman Scores Big on Longs Drug Stores
      And if your info is correct, and I am assuming it is,

      "As Ackman just started accumulating shares in late June and July in the $40 range, this is an amazing windfall for Ackman and may go down as one of the 'best trades ever.'"

      then Ackman was amassing this overly quick future fortune just when CVS was hitting a new high at around $44+ and THEN quickly DRIFTING back to $37ish.

      Yeah, SOMETHING DOES SMELL VERY FISHY HERE!!!
      View article »
    • Wed Aug 13th 07:23 AM
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      Commented on:
      Ackman Scores Big on Longs Drug Stores
      Just makes me want to vomit. FD: I own CVS & ABK. (Jealous?)
      I wonder what that jerk will do now - invest in CVS? Doubtful. Something smells very fishy here!

      View article »
    • Mon Aug 11th 07:02 AM
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      Commented on:
      The Emperor (Mr. Ackman) Has No Clothes
      It amazes me how anyone can still be seeing any merit in Ackman or any of his cronies. For no better reason then his own narcissistic ‘Generation Me’ behavior, did he destroy an entire industry; and has left our credit markets and municipalities in a state of chaos.
      History will write that this man was a destructive force for our society, and his actions served no better purpose except then to further his own portfolio.
      View article »
    • Thu Jul 24th 07:15 AM
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      Financials Have Bottomed? Readers Say We're Nuts
      I think what one of your bloggers said is an excellent representation of what is wrong with this market and our society in a more macro view: “Are we here to make money or argue about things that no one can know?”
      This trader mentality and the need to show a short-term profit, both on the personal and corporate levels will be the death of us all. It promotes the short-seller and short-term gain’s scenarios that cause the volatility and do NOT add to societies greater good.
      What is it building? What product is it making?
      We all need to step back and see what we are trying to create here, or in the current case, what we are trying to destroy. The stock market was meant for building a business and therefore the American economy. It was become an extension of Vegas and needs to get back to its roots. I have a fix posted on my site under the 3/22 blog that most everyone will hate. You should check it out. In the meantime just think of the TV show ‘FastMoney’ as the poster child for poor trading behavior and just an example of the real reasons behind the current ills.
      View article »
    • Sun Jul 20th 08:03 AM
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      Commented on:
      Short Selling: Others Want Protection Too
      Very true on this short term thinking mentality. However, we really do need to do something about the 'trader' mentality that has been spawned by CNBC and a few others. SELL..SELL..SELL on every uptick is also poor financial judgement.
      View article »
    • Fri Jul 18th 08:51 AM
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      Commented on:
      Selling the Short Sellers Short: Another Sign of Trouble
      and oh,
      4. the gang-shorting by hedge funds. Even Cramer (whom I dislike) has been screaming for this measure.
      View article »
    • Fri Jul 18th 08:38 AM
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      Commented on:
      Selling the Short Sellers Short: Another Sign of Trouble
      And that's why we need MORE SEC action on other fronts. I'm really tired of hearing the 'dog ate my homework' argument from the shorts; and for that matter the so-called oil speculators too.
      Yes the shorts caused this financial meltdown and yes there are oil speculators that caused the rediculous run up.
      1. reinstate the up-tick rule
      2. Crack down on naked shorting for ALL stocks
      3. BIG crackdown on what is said on National TV and in the press
      View article »
    • Wed Jul 16th 08:01 AM
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      A Long-Term, Structural Solution to the Banking Crisis
      I know this isn't very PC right now, but here's a thought: maybe if we stopped forcing the banks to 'mark to market' a load of securities that short sellers have convinced everyone are worthless, then maybe there wouldn't be such a crisis.
      THEN, how about we institute a "WINDFALL PROFITS TAX" on those shorts who have outlandishly profited from the destruction of our banks, insurers, mortgage companies, and economy at large.

      Oh yeah I know the arguement the shorts give:

      "No..no..no! It ain't me babe! I ain't me you're looking for, babe!"
      View article »