User 68127

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    • Fri Nov 21st 15:22 PM | Rating: 0 0
      Commented on:
      Investing in Stocks: Emotional vs. Financial Costs
      Yup.
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    • Tue Nov 11th 14:10 PM | Rating: 0 0
      Commented on:
      General Growth Properties: Leverage Claims Another Victim
      Reggie is da man! He called this one all the way!
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    • Tue Nov 11th 13:26 PM | Rating: 0 0
      Commented on:
      'No Bank's Books Are Trusted': Bloomberg's Weil is Imagining Things
      Maybe the accounting distorts reality. But given the choice between believing the market and believing Tom Brown, I will take the market!

      Tom Brown: "financial stocks bottomed on 7/15/08." (Intraday low on the XLF of $16.77)

      The market: XLF now threatening the low since his call of $12.79 on XLF. That's a drop of 20%+ in 4 months for anyone drinking the Tom Brown kool-aid.
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    • Mon Nov 10th 16:38 PM | Rating: 0 0
      Commented on:
      Kovacevich's Delayed Retirement: Bove's Criticism is Totally Off Base
      Um.....the XLF low was $16.77 on 7/15/08 and closed at $17.17. The XLF has since been as low as $12.79--a 24% drop from 7/15. Closing price on 11/10? $13.80! "Whining" aside, that looks like an 18% drop from the intra-day low to me. You can cherry-pick a few names that are higher out of a large universe...that does not make the call right. (BAC is all of a dollar higher now--that's the best you can do?)
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    • Fri Nov 7th 14:50 PM | Rating: 0 0
      Commented on:
      Kovacevich's Delayed Retirement: Bove's Criticism is Totally Off Base
      Tom,

      Where have you been, buddy? How did that July "bottom in financials" call work out for you?
      View article »
    • Fri Nov 7th 12:52 PM | Rating: 0 0
      Commented on:
      Pain, Then Gain
      Intellectual property is high value added and has high margins. America is good at this. Think software and computer chips. It costs almost nothing to manufacture, in the case of software, or almost nothing for each incremental unit, in the case of chips. We sell it abroad and receive money or goods in return.

      Meanwhile, manufacturing labor is a commodity which tends to be low value added and much cheaper in other countries. So we send the labor over there. This allows lesser developed populaces to earn higher levels of income, emerge from poverty, afford better food and healthcare, etc. as well as eventually afford more of our goods. As a whole, the populaces of both countries win, and the world becomes more "equal" and "just."

      There is no question that America has over-consumed, fueled by lax lending standards which allowed credit to grow much too freely. The solution is not protectionism, higher taxes, or redistribution of wealth--quite the contrary! The solution is to promote strong families, the Protestant work ethic, and to introduce merit and accountability into the educational system. Then you don't have to "protect" of give handouts to those who are temporarily sqeezed out of a job by today's fast-paced and global economy.

      Smart, creative, well-educated, and/or just plain hard-working Americans will always find a way to add value to the economy, and that will be reflected in their wages. The beauty of this is that not only does the individual worker benefit, but it also serves the collective good by expanding the pie for the whole world. You don't have to pick winners and losers, which introduces dead weight to the economy and opens the Pandora's box of the corruption of the political system and the erosion of freedom for our citizens. Everyone just adds value and the market sorts it all out.
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    • Thu Oct 30th 13:21 PM | Rating: 0 0
      Commented on:
      Four Media Stock Opportunities in These Turbulent Markets
      Good calls.
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    • Thu Oct 30th 11:39 AM | Rating: 0 0
      Commented on:
      The Pivot Point Will Likely Be Election-Based
      The canard that too little regulation is the source of the lending crisis has been convincingly rebutted over and over.

      So a Dem sweep would be GOOD for the markets? Sure, more regulation, higher taxes, bigger government, less free trade and more unions are probably just the recipe for the next boom--NOT!
      View article »
    • Mon Oct 13th 17:04 PM | Rating: 0 0
      Commented on:
      CNBC's Gasparino Problem
      You are right. Harwood bleeds blue. At least Gasparino is up front about his beliefs, instead of trying to sneak them in via slanted, manipulative analysis.
      View article »
    • Mon Oct 13th 13:54 PM | Rating: 0 0
      Commented on:
      CNBC's Gasparino Problem
      You're kidding, right? Gasparino is ALWAYS badly outnumbered by the Dems when he goes on air. He's one of the few that was (properly) blaming Dems in congress much more than Bush and GOP for the FNM/FRE fiasco and the ensuing financial meltdown. It's kind of funny when the token conservative is excoriated for voicing his views...facts and logic are a dangerous thing!
      View article »
    • Wed Oct 1st 12:11 PM | Rating: 0 0
      Commented on:
      Why Buyers Might Take October Off
      Interesting, but these kind of black box decision rules rarely have any relevancy to what actually happens. Either past patterns repeat, or this time is different. The key is to figure out which, and act accordingly.
      View article »
    • Fri Sep 19th 16:28 PM | Rating: 0 0
      Commented on:
      Going to Hell in a Handbasket: The Rush To Protect More Stocks
      Speak for yourself. I am not a disgrace--our leaders are a disgrace! Yes, I vote, but what am I supposed to do, run for President myself? I am forced to just hold my nose and vote for the least bad candidate.
      View article »
    • Thu Aug 28th 11:15 AM | Rating: 0 0
      Commented on:
      The Reason to Ignore Most Economists
      The "exports will save us" story is great until the overseas economies start slowing as well...oh wait!...they already have!

      U.S. consumers are buying less. Guess what? That translates to fewer imports to the U.S. Guess what? Fewer imports means other nations have less cash to spend on our exports, and less incentive to expand. They will also start cutting their staffs. Guess what? That means that U.S. multinationals are about to see their international business slow as well, and that is even IF the dollar does not continue to strengthen....
      View article »
    • Tue Aug 26th 12:41 PM | Rating: 0 0
      Commented on:
      U.S. Household Debt: A Frightening Picture
      You may be correct, but how do you know what is the "right" level of debt? Just because it is higher than before does not mean debt is too high now.

      Many people have mortgages that are much higher than 100% of their annual income, and yet they can service them comfortably. Why is debt at 100% of GDP too high?

      Also, shouldn't we consider net worth rather than just debt? Why exclude the assets and only focus on the debt? Isn't it the total picture that really determines ability to service debt?

      Last I heard the net worth of U.S. households was around $55 trillion, which would be about 4x GDP and about 4x household debt.

      So, again, you may be correct, but your analysis is incomplete.
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    • Thu Aug 14th 13:09 PM | Rating: 0 0
      Commented on:
      The Last Days of the Long Investor?
      If you can lose 30% of your capital in 5 trading days, you are a speculator, not an investor.

      Maybe you should take less concentrated positions or not use leverage.

      For an investor, who sizes positions properly, the short term volatility provides opportunity to make money. When a well-thought-out position goes against you, you are not wiped out, you just put more money in. Eventually, when the position rebounds, you are handsomely rewarded.
      View article »
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