tag:blogger.com,1999:blog-61544772024-11-08T10:35:37.121-05:00My Trade Life Under Glass & Me Looking Through It...Unknownnoreply@blogger.comBlogger64125tag:blogger.com,1999:blog-6154477.post-88110548068740691692016-03-21T06:32:00.000-04:002016-03-21T06:32:05.330-04:00

Dear David Brooks, We’ve never met, but let’s just say I have admired you from afar. Specifically your intellectual rigor, expression, instincts and sensibilites. I was always in awe of one of your Mentor’s, William F. Buckley and with that, in awe of you. But. We are two people, of two groups both grieving for the same nearly dead or dead ideal, the death of the American Dream. We are

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-78494130773551422582010-10-14T16:01:00.000-04:002010-10-14T16:01:14.002-04:00

Here we are dancing above 11k on the DOW, and the talk of Golden Crosses (50 day moving average breaking through the 200 day MVA) well if it ain't Scottish it's CRRRRRAAAAAAAPPP!!! Here is the point where the DOW 4500 20 Year Head and Shoulders is fulfilled.  In my view we are at the right shoulder top right now... a double top at that! It has been over a year that I have been tracking

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-11994357939685473902010-10-14T15:29:00.001-04:002010-10-14T15:32:50.451-04:00

SELL!  SELL! SELL! This example x 2Million Homes...ouch!  Meet Danielle And Jim Plus 9: The Squatters Who "Reclaimed" Their Foreclosed Home Over The Weekend Unfortunately, surreal stories like this will very soon become daily news. As was pointed out yesterday, Simi Valley has just seen the first case of a forced reclamation of a foreclosed home, after Jim and Danielle Earl took their

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-77697981238416610592010-08-19T14:22:00.000-04:002010-08-19T14:22:21.309-04:00

Men and Women and their families have made.  Thanks to all the fine US Soldiers and their families that have paid such a high price for our freedom and the freedom of the others in the world. GBA

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-11072703115597805542010-08-11T17:57:00.001-04:002010-08-11T23:25:56.238-04:00

Politics or Selective Quotes from Ron Paul's stump speeches...  I happen to agree with David Stockman, but I don't take any stock in his admission that the GOP is at fault or any party for that matter.  We are hurtling now to a place of which many history books 200 hundred years from now will be focused on explaining with the hindsight of 20/20 vision.   We are so far into the

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-90674719460539895182010-08-06T12:36:00.000-04:002010-08-06T12:36:48.184-04:00

Unfortunately, for these lost sons they don't have a widely in demand entertainment structure like the US to soak up all this excess talent.  We have this problem too, but with the Bachlerette, America's Got Talent and American Idol and a million sports we manage to keep our youth engaged and productive;-) Japan's Economic Stagnation Is Creating a Nation of Lost

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-31410248775101145512010-08-06T12:30:00.000-04:002010-08-06T12:30:43.211-04:00

This article ties in with my recent article on the obsolescence of human capital... remember Japan has the jump on nearly the whole world when it comes to automation and the the impact on their economy as their workforce transitions from 70+ hours of hard salaryman labor to 40+ hours a week of leisure time.  Hey if you aren't working and you aren't saving, you must be spending. 

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-25815181186154043432010-08-05T11:06:00.000-04:002010-08-05T11:06:52.976-04:00

Time to hunker down and batten own the hatches for the wind is building steadily and the waves it is a pushing are 2-4 feet and building.  I expected better from Paulson, specifically to have taken the first bump from the bottom last in March 09, and gotten off somewhere around the top of this year.  Apparently he missed the exit at the "TOP"  and he paid the price.  Remember

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-7742981145765250012010-07-27T12:21:00.000-04:002010-07-27T12:21:43.402-04:00

In addition, to the as yet to be realized jobs being supplanted by technology and the real estate issue.  Remember the baby boomers are going to need nursing homes not vacation and primary homes, can you say glut.  Add a nice top in gold to go along with the previous two and we've got lot's of opportunities for a left tail risk event....  Gold Top? As most

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-51170672508093391552010-07-27T12:04:00.000-04:002010-07-27T12:04:29.150-04:00

 Left tail risk in my view is likely the rapid displacement of jobs, this will gain momentum remember this is the gift that keeps on giving and the faster technology develops the faster people will be displaced.  Another left tail risk is definitely real estate, real estate appears to moving forward and holding it's own the real test will be the

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-23475347090629097062010-07-16T15:33:00.001-04:002010-07-16T15:42:32.215-04:00

So, here we go, this just adds more ammunition to the obsolescence of human capital.  For those keeping score at home, 25% unemployment is depression level...The Jobless Effect: Is the Real Unemployment Rate 16.5%, 22%, or. . .?By PALLAVI GOGOI Posted 12:00 PM 07/16/10 Economy, Careers Comments: 151 Print Text Size A A A

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-13080399035801893322010-07-15T04:13:00.004-04:002010-07-15T12:48:43.837-04:00

Summary Joblessness has been a stubborn stain on the fabric of the world economy. No matter how hard you rub it just keeps reappearing. Now the fabric is so stressed it's in danger of tearing. Let's face it a patch on this garment, is well... a patch, much like the "Toughskin" jeans budget conscious Moms with ruffian boys that wore out knees in two days flat bought. Heck it took about a

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-22390466970923983052010-07-08T16:45:00.002-04:002010-07-08T17:09:22.442-04:00

Well, at this level we could expect follow through to 10,200 up to 10,300 as a this minuscule relief rally forces shorts to take some profits.  It will be interesting once Europe vacations start up how the market will react.  10,138 as evidenced by the chart is a critical level where that and the aforementioned levels represent huge confluence Fibonacci levels.  I would keep

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-30470292582510107482010-07-08T15:18:00.001-04:002010-07-08T15:25:55.200-04:00

So if I am to understand the first article we can expect more fund launches in 2010... and this statement is basically factual, as new funds are always launched.  What matters most, is how many funds close during the same period and what is the net.  Given the last two, of the three articles, written by the same author.  It appears to negate the relevance of this survey which is

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-60091228113029044572010-07-08T14:54:00.001-04:002010-07-08T15:25:41.531-04:00

Ivy and UBP, between them 2.2 Billion Exposure to Madoff...  Ivy with the lowest exposure to Madoff shriveled in on itself and died, while UBP with the largest gets to see another day.  Not sure how hiring Larry from Ivy, helps, but I suppose the logic is that it was a damn sight better than UBP previous risk managers. Larry Morgenthal named chief executive of UBP Asset ManagementBy

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-42286361071562568772010-07-01T01:30:00.001-04:002010-07-01T01:38:34.825-04:00

Even, the threat of O'Bama...  whatever "they" say he is/was going to do, isn't enough to boost demand for weapons of personal, convenient and ultralight mass destruction.   Smith & Wesson 4Q Falls 64% On Higher Expenses, Charges  Smith & Wesson Holding Corp.'s (SWHC) fiscal fourth-quarter profit slid 64% as higher overhead expenses and acquisition-related

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-3643914341698061882010-07-01T01:19:00.000-04:002010-07-01T01:19:09.896-04:00

Ok so maybe I jumped the gun here, I don't want a Python moment when we're bringing out the dead and the guy's still breathing.  It's a remote possibility a brief rally point could start from here on this double bottom... this is really just to keep us shorts honest, and not back up the dump trucks, just yet. 

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-5729989787199090992010-07-01T00:58:00.001-04:002010-07-01T01:01:33.420-04:00

Remember you heard and saw it hear first!  Wow, June was a bust... and it fought so valiantly, with everything it had and then in the last two days it gave up the ghost, and broke a critical level and stayed below it. 

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-36251202569311078382010-07-01T00:46:00.002-04:002010-07-01T02:00:45.902-04:00

it's the drunk ass trader who puts on his trade muscles and thinks he is channeling Jesse Livermore, you have to watch out for.  Those not familiar with Jesse Livermore, he was the John Paulson (Trader not Sec'y) of the previous until now great Depression as compared to what we have now, the Great Deepression.  He reportedly made $100,000,000 in just one day, a staggering amount

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-58094133160393289552010-06-30T00:35:00.001-04:002010-07-01T02:00:20.866-04:00

Dollar should be replaced as international standard, U.N. report saysBy Gabriella Casanas and Mick B. Krever, CNNSTORY HIGHLIGHTSU.S. "dollar has proved not to be a stable store of value," report says Dollar under increasing scrutiny since U.S. entered recession U.N. report supports proposal to create standardized international system Under proposal, countries

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-81391260220709539822010-06-29T23:37:00.001-04:002010-07-01T02:00:00.547-04:00

Is it different this time they ask?  This article is mainly what I have been writing about since April, 2010 and believing since 2001.  This just kind of creeps up on you until you end up like the guy in Stephen Kings novel Creep Show as a pile of vegetated matter.  The action governments need to take is devaluation of currency.  The first one to bite it will likely cause a

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-64142249633510600602010-06-25T14:01:00.001-04:002010-07-01T01:59:34.898-04:00

Glad to know I was missed! Sorry for the long hiatus, I took a couple of days off for Father's Day weekend and ended up stretching into a week due to a nasty microsoft virus which i finally gave up trying to fight and just wiped and reinstalled...  there has to be a better way.  My daughters' MAC nary an issue, expensive, but money well spent! I'll be catching you all up from this

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-74325401958063434182010-06-16T08:42:00.001-04:002010-07-01T01:59:03.113-04:00

Blackstone's Wien Says Fund Returns May Shrink by Half to Protect Capital By Tom Cahill - Jun 15, 2010 Email Share Vice chairman of Blackstone Group's advisory services division Byron Wein. Source: Blackstone Group LP via Bloomberg Byron Wien, vice chairman of Blackstone Group LP’s advisory services division, said hedge fund returns may shrink by half as firms seek to protect investors’

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-62526421010724671562010-06-16T08:38:00.001-04:002010-06-16T08:38:52.152-04:00

Not surprised to see WFC which was my favorite stock to trade. Here is the Link: http://www.businessinsider.com/25-stocks-being-manipulated-by-high-frequency-traders-2010-6

Unknownnoreply@blogger.com0tag:blogger.com,1999:blog-6154477.post-89587712260449304932010-06-16T08:31:00.001-04:002010-07-01T01:58:50.325-04:00

Now we have roughly 1,000 more funds reporting returns for May than we had on the 11th (1818) notice that the return edged lower and this is probably the first half and likely to be the best of the bunch.  Expect this week a continued slew of bad numbers, and soon we should here from the few that are making a killing.

Unknownnoreply@blogger.com0