Conviction and trust are the two most important intangibles when trading/investing. Both come from definable trends in the market. When there isn’t a definable trend or when a potential turn looks suspect, both intangibles are low. It is only in the further movement of a good trend do these intangibles feel better. Right now,…
I repeat! IF THE U.S. GOVERNMENT WERE A COMPANY, WARREN BUFFETT WOULD NOT INVEST A DIME INTO IT! Yet Mr. Buffett is out with another coordinated and timed op-ed telling Americans that taxes need to go up. I love Warren Buffett. I love people that are always doing things for others. I love his philanthropic work. I…
I REPEAT…IF OUR GOVERNMENT WAS A COMPANY, WARREN BUFFET WOULD NOT INVEST A PLUG NICKEL IN IT. FOR HIM TO KEEP WRITING OP-EDS TELLING PEOPLE THEY SHOULD PAY MORE INTO A LOSING PROPOSITION…SHAME ON HIM! WHERE IS HIS OP-ED BLASTING OUR GOVERNMENT FOR ALL THE CORRUPTION…ALL THE CRONYISM…ALL THE FAILED BANKRUPT PROGRAMS? READ THIS: SUPPOSE that an investor…
WHO ARE THESE NIMRODS TRYING TO KID? Ask any non-partisan economist how this country can begin to address its debt and deficit problem, and the answer is “raise taxes and cut spending.” Not raise taxes OR cut spending. Raise taxes AND cut spending. With the federal government currently spending about 22% of GDP per year and…
Hope you don’t mind but hold off on AMGN and EXPE. Futures are down…not that much though but would like to see if and how market pulls back in here. Keep in mind, I do not believe this is going to be easy…but do believe there will be scalping opportunities…but thinking I would rather buy…
Police who investigated the disappearance of Casey Anthony’s two-year-old daughter admitted today that they overlooked a Google search for ‘fool-proof’ suffocation on the day the girl was last seen alive. Captain Angelo Nieves said on Sunday that his office’s computer investigator missed the June 16, 2008 Internet search. It is not known who performed the…
Before Friday, I would have been saying we are experiencing nothing more than a light volume,seasonal strength move off of very oversold conditions as well as very bearish sentiment conditions. I thought the bounce/rally would be somewhat short-term…but I think the action looks to be better. I know Friday was half day and light volume…
JUST ANOTHER A–CLOWN IN WASHINGTON! THIS MAN WAS THERE FOR ALL $16 TRILLION IN DEBT. HEY THANKS BARNEY! I GUESS WE ASKED FOR TOO MUCH! “People themselves are internally gridlocked,” Frank replied. “We hear from people cut the deficit, expand Medicare. We get a very inconsistent set of messages from them. So no, I don’t…
Rahm Emanuel was part of the overseers of $6 tillion in new debt. One of the overseers in adding almost $1 trillion/year in government spending. Overseer of Obamacare where the cost has already doubled. Overseer in saying that the stimulus spending would take care of infrastructure…but NOW we need to take care of infrastructure. All of…
Dallas star Larry Hagman has died at the age of 81. The actor, who was famed for playing JR Ewing on the hit show, died at a Dallas hospital on Friday after complications with his recent battle with throat cancer. He is survived by wife Maj, who he married in 1952. In 2008, Maj was…
