Entries from October 2008

Thursday, October 9th, 2008

Seven Reasons To Be Bearish

Reasons to be bearish are legion, but here are my top 7:
 
1. Unemployment increasing from 3 to 6.1% in a blink.
2. National Debt at an unprecedented 10T (ten TRILLION dollars [say it like Dr. Evil])
3. Business out-migration due to US corporate taxation (which is now the highest in the G-7)
4. US consumers (approx. 70% of [...]

More on this topic (What's this?)
Bearish Investor Sentiment Isn't Always a Bullish Signal (The Technical Take, 9/3/10)
Albert Edwards: Bear market could take S&P down to 450 (Investment Postcards from Cape Town, 8/28/10)
Sentiment Swings From Bullish To Bearish (Disciplined Approach to Investing, 7/22/10)
Read more on Bear market at Wikinvest

Comments

Filed under Tick Talk

Tuesday, October 7th, 2008

Global Crisis or Global Collusion?

Jan (not real name) asked me this question today: “Who do you trust?” Then answered for me “nobody?” That’s right, nobody. 
Here are some developments that seem really fishy to me:
1. Government Commercial Paper Funding Facility (CPFF)  - Isn’t that just another phrase for “new bonds exchange?” (aka “debt grab”)
2. Governments taking control of banks and bad debt (aka ”money [...]

More on this topic (What's this?)
Whitney Tilson: Buy Stocks, Sell Bonds (Expected Returns, 9/1/10)
A Bond Bubble? Not Likely! (The Technical Take, 8/24/10)
Why Treasury Bonds Do Not Fund Our Federal Deficit (naked capitalism, 8/19/10)
Read more on Trust, Commercial Paper, Bond Investing at Wikinvest

Comments

Filed under Tick Talk

Tuesday, October 7th, 2008

Brokers Don’t Always Jump From Windows

And so it begins. As financial woes set in, this happens.  It’s well documented and rarely disputed that during the Great Depression, suicide rates were higher than in the ten years before and after it. Unemployment is strongly related to suicide. Some consider it an alternative to prolonged financial shame. Typical characteristics (usually undiagnosed) include hopelessness, helplessness, worthlessness, [...]

Comments

Filed under Tick Talk

Monday, October 6th, 2008

The Hobos Saw It Coming

Below: 00:00:05 “It was called the Great Depression, and the Hobos saw it coming.”  Ummm, who DIDN’T see this day coming? Trains don’t go from 0-60 mph in a few seconds. The hobos could tell you that. The market moves much like a train. The image above is easy to read when you apply railroad tracks. Even a hobo could see it [...]

More on this topic (What's this?)
THE RAIL RECOVERY CONTINUES (THE PRAGMATIC CAPITALIST, 9/2/10)
RAIL VOLUMES CONTINUE TO POST STRONG GAINS (THE PRAGMATIC CAPITALIST, 8/26/10)
Great Interview, Tech Ticker and Barry Ritholtz (Stock Trading To Go, 6/30/10)
Read more on Clip, Railroads at Wikinvest

Comments

Filed under Tick Talk

Thursday, October 2nd, 2008

Palin To Clean Up Wall Street?

The markets are dirty; always have been, always will be. Some issues being discussed in this debate I have to take at face value because I am not an expert in those fields. When Governor Palin promises to “get rid of greed and corruption on Wall Street,” I immediately recognize it as a boast like unto “a chicken in [...]

Comments

Filed under Tick Talk

Previous Entries

Next Entries

Prove it? Okay..