DaveW

Total Rating:
+21 / -5

185 Comments

    • Wed Nov 19th 18:02 PM | Rating: 0 0
      Commented on:
      S&P 500 Looks Ready to Bow Out
      Thanks for the heads up on this yesterday Mark. With many of the traders of the world chirping this warning it was pretty much a sure thing by way of self-fulfilling prophesy. Scary how little buying is going on out there, the eventual tsunami upwards will be staggering.
      View article »
    • Wed Nov 19th 16:06 PM | Rating: +2 0
      Commented on:
      Being Wrong for Five Years Makes Peter Schiff Right Now?
      R.K., your idea is a nice try. But, this sort of system may dismiss the 'prophets' (for lack of a better word), those voices in the wilderness who may underperfom the markets, or just look merely average, leading up to the Black Swan event. Hindsight is the great vindicator. As always, it's best to listen and do your own homework
      View article »
    • Wed Nov 19th 15:34 PM | Rating: 0 -2
      Commented on:
      Being Wrong for Five Years Makes Peter Schiff Right Now?
      Hmmm..... a 'peter schiff' on SA with only 2 comments and not linked to his actual biography? Nice try 'anonymous', was good for a laugh though...
      View article »
    • Wed Nov 19th 12:23 PM | Rating: +3 -1
      Commented on:
      Being Wrong for Five Years Makes Peter Schiff Right Now?
      Only a perma-bull could actually conceive to write this article as if relevant. Criticizing him for being right but early is not relevant. This man was right when 99.9% of the population was wrong. As a 'student' of the marketplace, shouldn't you try to learn from someone who is wiser than you? Humility and honesty are virtues Mr. Sullivan.
      View article »
    • Tue Nov 18th 17:17 PM | Rating: 0 0
      Commented on:
      Chrysler's Nardelli: If you push us into bankruptcy, we may not be able to emerge.
      Hey Nardelli, that's the point! Only the 'strong' (look it up) will survive. Merge or you're going down like the rest of us common citizens.
      View news story »
    • Tue Nov 18th 16:13 PM | Rating: +1 0
      Commented on:
      GM (GM) to NY Times' Thomas Friedman: "What exposes us to failure now is not our product lineup, or our business plan, or our long-term strategy," it's the global financial crisis. Come on over, "you would be surprised at what you're missing." (FastLane Blog)
      These guys never cease to amaze me... The letters C.E.O. or C.F.O. or C.O.O. or whatever behind your name and you start believing this kind of stuff (and believing you're due for a hefty bonus at year-end to top it all off!). F***ing amazing...
      View news story »
    • Tue Nov 18th 14:14 PM | Rating: +1 0
      Commented on:
      Why Gold Will Decline More than the Markets
      Gold is not a recessionary hedge, it is an inflationary hedge. Add to gold positions when inflation is low, take profits when inflation is high.

      BTW, inflation is very low right now, hyper-inflation is coming (hint, hint).
      View article »
    • Tue Nov 18th 12:35 PM | Rating: 0 0
      Commented on:
      Eight Recommended Oil and Gas MLPs
      Dr. K,
      Linn Energy (LINE) has been the focus of a few article here lately and am wondering how it measures up using your screening criteria?
      View article »
    • Thu Nov 13th 16:08 PM | Rating: 0 0
      Commented on:
      If Only Hope Were an Investment Strategy
      Toro, enjoy your articles, thanks. BTW, did you liquidate your positions afterall?? You must have, as the markets screamed skywards from some mysterious buy signal, like everything suddenly is fine and dandy. Enjoy the rally folks, 40% upwards from here get ready to go short again!
      View article »
    • Thu Nov 13th 10:28 AM | Rating: 0 0
      Commented on:
      Taxpayers beware. TARP's $700B price tag may be just the first installment of what could ultimately become a $1T-plus economic rescue.
      Not exactly an 'outside the box' call here....
      View news story »
    • Wed Nov 12th 16:29 PM | Rating: 0 0
      Commented on:
      The S&P 500 is 'almost certain' to revisit its five-year low of 839.30, JPMorgan says, noting retests occur 86% of the time. Hmm... after dipping below 850 today, this isn't exactly a gutsy call. Where were they last week when it was at 1000+?
      It would be fricking hilarious if it weren't so damn frustrating! Thanks for the laugh though.
      View news story »
    • Wed Nov 12th 16:25 PM | Rating: +1 0
      Commented on:
      New plans to help distressed home borrowers through mortgage modification may mean homeowners capable of making their payments will intentionally fall behind to get their cut of the bailout.
      Good point O.S. James Quinn's 'Titanic' analogy comes to mind (it's a good read). Here, the lifeboats sink when too many people try getting into too few of them. Every rescue begets more problems. Let the f***ing boat sink already and then we can *finally* hit bottom and go from there. This slow-motion train wreck is _____! (fill in the blank with your own word)
      View news story »
    • Wed Nov 12th 15:04 PM | Rating: 0 0
      Commented on:
      Treasury Continues to Harpoon the Real Economy
      Birth is painful, re-birth perhaps even more so. An economy built on consumption must transform into an economy built more on manufacturing and exports and less on our own consumption.
      View article »
    • Wed Nov 12th 12:36 PM | Rating: 0 0
      Commented on:
      Rep. Elijah Cummings calls for the resignation of AIG (AIG) CEO Edward Liddy after company executives were seen eating high-priced dinners and holding cocktail parties at a resort event. "That a firm already reliant on taxpayers' funding would organize such an event is outrageous," he says. Liddy claims the media 'grossly mischaracterized' the event.
      I wrote and deleted various toxic comments, oscillating between sardonic humor and vitriolic prose. In the end I am just speechless and I am tired (and I'm f***ing angry!)
      View news story »
    • Tue Nov 11th 19:41 PM | Rating: 0 0
      Commented on:
      How to Save the U.S. Economy
      JBP, ouch indeed... When SWC bottomed in March-April 2003 its share price bounced off of $2.25 resistance. So, perhaps we close now to an SWC bottom?

      Mark,
      I'm curious about your thoughts on the SWC 3Q earnings? Did you see anything *terribly* alarming (vs. just *merely* alarming)?
      View article »
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