Zeon

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    • Wed Aug 20th 18:37 PM | Rating: 0 0
      Commented on:
      Revised Upside Targets for Fannie and Lehman
      What are you advising your clients to do now, with FNM around $4. Back up the truck?
      View article »
    • Tue Jul 22nd 20:56 PM | Rating: 0 0
      Commented on:
      10 Notes on the Current Market Fracas
      I bot BAC at $27 and it closed today at $32.35. I also hold FNM at $13.80 and I expect it to move into the black soon. Buy when others are selling and sell when they're buying. It still works.
      View article »
    • Thu May 22nd 19:45 PM | Rating: 0 0
      Commented on:
      Wholesale Threats to the Economy
      There is no short-term solution to the economic catastrophe that is starting. There are no financial mechanisms available to the Fed or Treasury that will cause home values to increase and oil prices to decline. As a result, we are at the beginning of a major revaluation of dollar-denominated assets and currencies. Forget gold. Oil is the new global currency. Because of increasing demand that is outstripping supply, you can assume it will hold its value over time, despite the daily ups and downs, at least for the next year while the economic chaos unfolds. Sooner or later we'll start seeing increasing unemployment and American consumers will lose what confidence they still have and go into hibernation. Globally, though, as long as they can obtain enough oil, other economies not infected with a credit crisis as has been the United States will gain ground as we lose it. They have only one major problem to deal with while we sink slowly under the weight of two.
      View article »
    • Wed May 14th 20:10 PM | Rating: 0 0
      Commented on:
      Saving the Economy with IRA Funds
      It's not absurd to hold lenders responsible for lying, fudging numbers, etc. to get people they knew to be unqualified into mortage loans. You can hold the snake salesman responsible for his misdeeds. In fact, selling something using false pretenses can be construed as fraud and thus a crime. Certainly there was complicity among those who took on the loans, but they were the suckers. The lenders were the suckees.




      On May 14 05:36 PM Your Own Two Feet wrote:

      > Can we please stop throwing the lenders under the bus? It's patently
      > absurd. People make their own decisions. If they want to buy snake
      > oil thinking it's a miracle cure for cancer, so be it! If you can't
      > understand a loan document, title document, or any other document,
      > then don't sign it. The lack of responsibility and the rampant finger-pointing
      > in our country has gotten out of hand. Take care of yourself and
      > quit whining about your bad decisions.
      > The government shouldn't play big brother. We need to quit looking
      > at it to come and take care of the mistakes we make in our lives.
      > Grow up.
      > I think using pent-up savings to get debt free is a great idea, especially
      > with a built-in plan to repay yourself. It's self-sustaining and
      > a defined contribution to your own wealth.
      > For those who think that this idea bails out banks, try thinking
      > before you speak. Banks make money on loans. If you pay them off,
      > they make no money. This bad scenario is made even worse by that
      > fact that folks who probably haven't socked away enough money in
      > their retirement accounts to pay off the mortgage, and lack the discipline
      > to save in general, are the ones left owing the bank. So now credit
      > quality deteriorates due to strong borrowers being absent and balance
      > sheets shifting to those who are higher credit risks.
      > I think transfering retirement assets into your home is a great idea.
      > Now if only we can get rid of the property taxes that steal property
      > from the rightful owners, we might be able to make some progress.
      > I think it's kind of silly to work your whole life to have a home
      > that you own and is your shelter only to have it stolen from you
      > because your fixed income in retirement isn't sufficient to pay off
      > the extortion--but I digress.
      >
      > Neat idea, Stan!!!
      View article »
    • Wed Apr 30th 17:18 PM | Rating: 0 0
      Commented on:
      Sell in May and Go Away?
      They do it because Seeking Alpha publishes virtually anything.
      View article »
    • Wed Apr 30th 17:11 PM | Rating: 0 0
      Commented on:
      Yield Curve Looks Like May 2003 Again
      The yield curve may point to an expansion, or it may not. Just another one of a million pieces of trivia which may or may not prove of value to investors.
      View article »
    • Fri Apr 18th 20:37 PM | Rating: 0 0
      Commented on:
      Bandwagon Effects in the Stock Market
      Good work, thanks.
      View article »
    • Fri Apr 11th 21:12 PM | Rating: 0 0
      Commented on:
      Customer Omega for the Airlines
      What's the incentive again for the airlines to change? People who fly expect great service and cheap tickets. More or less mutually exclusive concepts. You want cheap tickets, you get less service. It's a trade-off. You don't want to put up with the shoddy service take a bus. The Frontier bankruptcy puts a little blood in the water. Valuations are starting to look attractive.
      View article »
    • Fri Apr 11th 20:56 PM | Rating: 0 0
      Commented on:
      Getting Ready for Apple's Q2 Earnings
      iPods are ubiquitous. Plus, you don't need $500 to buy one. Have to Wonderm goinbroke if you know anything about AAPL.
      View article »
    • Fri Apr 11th 20:53 PM | Rating: 0 0
      Commented on:
      Fannie and Freddie: Massive Dilution On the Horizon
      FNM dropped 5 points this week. Don't see the "trading up" theme.
      View article »
    • Wed Apr 9th 08:17 AM | Rating: 0 0
      Commented on:
      Wall Street Breakfast: Must-Know News
      Hummers account for a sliver of total vehicle sales.


      On Apr 08 11:21 AM bjlchem wrote:

      > As long as hummers and SUV's outnumber small cars on our roads gas
      > prices will go higher. Car pooling just needs to increase. Gas is
      > still way too cheap and wasted - look at those long lines at the
      > drive through.
      View article »
    • Mon Feb 25th 22:42 PM | Rating: 0 0
      Commented on:
      Play Defense With iShares US Aerospace & Defense ETF
      The next president will inherit a $3 trillion debt. He/she will inherit a costly war and the prospect of several years of financial uncertainty. The problem with empires is that eventually they become too costly to support. The U.S. has reached this point.
      View article »
    • Sat Feb 23rd 16:32 PM | Rating: 0 0
      Commented on:
      Friday's Turnaround: Raid on the Shorts
      Rumors have always played a part in the market. Nowadays they just get around much faster. I do agree there's a lot of manipulation going on, starting with the Fed on down, stopping just before it gets to the individual investor who becomes aware of it just after his chance to profit from it has left the room.
      View article »
    • Sun Feb 3rd 20:26 PM | Rating: 0 0
      Commented on:
      What Happened the Last Time Fed Funds Rate was 3%?
      Unemployment isn't very low. It's 4.9%. Consumer prices increased in 2007 the most in the past 17 years and wages declined 0.9% in 2007, the fourth decline in the past 5 years. Prices going up and wages down is not a good sign in a consumer society.
      View article »
    • Sun Feb 3rd 20:25 PM | Rating: 0 0
      Commented on:
      What Happened the Last Time Fed Funds Rate was 3%?
      Wages aren't rising in real terms. Don't know where you got that. Unemployment isn't very low. It's 4.9%. Consumer prices increased in 2007 the most in the past 17 years and wages declined 0.9% in 2007, the fourth decline in the past 5 years.
      View article »
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