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kirkydu (93.59)

September 2011

Recs

23

Shaking the Market for a Crash

September 29, 2011 – Comments (16) | RELATED TICKERS: EXAS , GMO , SUNE

Maybe I'm just tired and cranky right now, but is it apparent to anybody else that the high frequency traders and hedgies are deliberately trying to shake the markets enough to cause a devastating crash???  Is it more than interesting and a lot disconcerting that there are ads on TV now for newsletters and services on how to prepare for the end of America as we know it?   [more]

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12

It's Time To Write Down Mortgages

September 22, 2011 – Comments (4) | RELATED TICKERS: SPY

A few years ago the government came up with programs to help the mortgage market without forcing people out of their homes who were under pressure mainly due to falling real estate markets.  That has failed.  It has failed because banks refuse to rewrite loans.  Why?  Because so long as people are paying the loan, the banks look at the short term cash flow versus the likelihood of foreclosure and those costs.  In short, the banks are sucking as much blood as they can out of people.  Now, I'm not taking a moral stand here, it's purely pragmatic.  Most of the banks need the blood.   [more]

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10

$50 Billion Left Equity Mutual Funds, Now What?

September 22, 2011 – Comments (3) | RELATED TICKERS: GMO , EXAS , CRME

Over $50B left equity mutual funds this year so far, more after today I'm sure.  In talking to colleagues, much of that money was people who got close to even from a few years ago, saw smoke and ran for the hills happy to have back about what they had in 2007.  What do they do now?  That's a very interesting question.  [more]

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5

Ready, Set, Start a Business

September 21, 2011 – Comments (0) | RELATED TICKERS: SPY

Even though I walk
through the valley of the shadow of death,
I will fear no evil,
for you (Ben Bernanke?) are with me;
your rod and your staff,
they comfort me.
  [more]

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13

Good Job Ben!

September 21, 2011 – Comments (8)

Congress ain't doing their job, so do it for them as best you can.  It's on the pols to save the dollar now.  If the U.S. heads into a worse depression most of the Congress ought to have all of their retirement benefits stripped, kicked out of office, homes taken and bank accounts frozen.

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5

Options Trading and Notes Regarding My Holdings

September 20, 2011 – Comments (0) | RELATED TICKERS: EXAS , GMO , CRME

For the past however many years I have used Caps as a way of following different companies.  That was good enough to get me near the top using only some basic screens of mine.  Recently I put up my actual portfolio, less the micro-caps that Caps won't allow, and about 15% cash, on the board.    [more]

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22

Right Wing Will Sink Republicans

September 19, 2011 – Comments (21) | RELATED TICKERS: SPY

Today I was wondering about a few things and lo and behold, Bloomberg comes out with a few articles that hit some of the nails on the head.  [more]

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39

Republicans Oppose Middle Class Tax Cuts

September 15, 2011 – Comments (15)

So, the Republicans are opposed to middle class tax cuts if it means that tax loopholes on those collecting their wages at captial gains tax rates or cutting corporate loopholes is the price.  I don't think there is much more to say about this, it's pretty clear.  Recommend this if you make under a quarter half million dollars a year and would like a tax cut.

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9

Go Out into the Sun and Get TAN

September 12, 2011 – Comments (0) | RELATED TICKERS: TAN , SUNE , AMAT

Solar power has been the holy grail hope for cheaper, cleaner and plentiful energy for decades.  Until recently, it was a  high priced myth that solar was viable.  Today,  a new story is on the horizon. Solar is about to be a big deal, finally.  [more]

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25

"Your Question is Idiotic"

September 08, 2011 – Comments (46) | RELATED TICKERS: SPY

Thomas Friedman's response to Rick Santelli's question of "Is Social Security a Ponzi Scheme?"  [more]

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6

Stansberry scam?

September 06, 2011 – Comments (1)

If you have received an email from a friend or seen the ads somehow for "End of America" or any number of websites this guy has put up, i.e. newamerica7.com be careful what you believe.  He is essentially peddling fear.  It's good business right now, but so back asswards I'm not sure where to start.  Read my post "A Cup of Optimism" for most of my thoughts and why the fear hype is wrong this time.  [more]

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24

Maybe Labor is Underpaid

September 05, 2011 – Comments (11) | RELATED TICKERS: SPY

I know we spend a lot of time listening to how labor is too expensive in this country, and maybe at the margins it is a bit here and there, but really, given the disparity of income/compensation from the top 1% to everybody else, maybe 99% of labor is about where they belong on compensation not high.  Maybe, it's the top 1% who are the problem.  Especially the executive, upper management and financial group.  Actually look at the numbers:   [more]

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26

A Cup of Optimism

September 03, 2011 – Comments (12) | RELATED TICKERS: SPY

The sky is falling! The sky is falling!  Run!  Hide!  Buy Gold!  Bury your money!  Load the guns!  Stock up the cupboard!  The sky is falling, it's falling, the sky.  [more]

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20

Dear Congress, Do Something Part 2

September 02, 2011 – Comments (14) | RELATED TICKERS: SPY

On Wednesday next week there is a Republican Presidential debate.  You will hear that we can't raise taxes and the government can't spend money.  You'll also hear that cutting the debt will stimulate economic growth.  That's garbage.  Complete foolhardy dogma.    [more]

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