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Lordrobot (87.42)

October 2010

Recs

14

Reasons to not buy gold

October 10, 2010 – Comments (22)

Yeah, I know, Jim Cramer told you Gold was better than stocks. In my book that is probably a good reason to buy equities and pass on the gold and here's why?  [more]

Recs

7

Obama's big blunder

October 09, 2010 – Comments (5) | RELATED TICKERS: BAC , C , GS

One simple axiom of recovery is that you can never have a recovery without the banks leading the way. In the USA we are now about to face the biggest legal blowup of banks in history. I hope the government after the Obama grandstanding on this notary public and electronic signature bill, is ready to absorb the costs of overrun courts, stacks of equitable redemption claims, a potential collapse of housing prices and a complete incapacity for a bank to deleverage by selling off inventory and writing off losses.   [more]

Recs

16

Is anybody else worried about a CRASH?

October 09, 2010 – Comments (3) | RELATED TICKERS: C , GS , BAC

August and September have been brutal months for fundamental investors. August every bit of good news tanked the markets. Cisco earnings, their best in history was met by tearing the stock down 15%! For the mom and pops that had not pulled out their cash following the Flash Crash left in August and have not come back to the markets.  [more]

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