punk_ash

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    • Fri Nov 21st 02:40 AM
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      Rating: 0 0
      Commented on:
      Jim Rogers on Today's Market
      Only if people in USA start doing real work and innovating once again, and get away from office politics and power point slides, we will do well again...
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    • Thu Nov 20th 20:33 PM
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      Commented on:
      The Lost Bull Market of 2002 - 2007
      and you end up losing more than you make in the market. Thanks to the management fees.
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    • Thu Nov 20th 17:48 PM
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      Rating: 0 0
      Commented on:
      Calling a Depression
      I bet people will have no choice but to take on real jobs during this era and we can get rid of millions of useless and unproductive jobs and replace them with hard science jobs...
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    • Wed Nov 19th 01:48 AM
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      Rating: 0 0
      Commented on:
      S&P 500 Looks Ready to Bow Out
      zero sum game for most part.
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    • Sat Nov 15th 23:46 PM
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      Commented on:
      Meltdown: State and Local Governments Falling Short
      I used to think each year what would happen when the house prices will fall, will my property tax bill also fall. Heck no, and I am being proved right. They were sending higher bills on the basis that the property value was going up, and now it is going up that the tax rate is going up. All the money has been used for fat retirement for the city officials. Fat pensions and fat retirement packages for city officials. Contractors hired to do city work charge too much money. Property Tax is a mess...
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    • Fri Nov 14th 14:35 PM
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      Rating: 0 0
      Commented on:
      The Stock Market Is Not the U.S. Economy
      We have seen the worse already. Dow went from 14K to 8K, what else remains to be seen. Bottom will be between 6000 and 7500, and then we will have a good 10 years of growth before people forget all about 2008.
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    • Fri Nov 14th 04:18 AM
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      Rating: +1 -3
      Commented on:
      Obama Files Steep Requests to Aid Automakers
      This is scary. The bail out does not make sense and it will NOT work, but the alternative is not acceptable, and we can not afford to have 2 million lost jobs, so, we will have to go with the bailout and buy a year or so, while the assembly line workers make $70 an hour.

      We need Steve Jobs running the big 3. Is Steve the only smart guy left in the world...
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    • Fri Nov 14th 03:27 AM
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      Commented on:
      Should We Really Bail Out the Big Three Automakers with $73.20 Per Hour Labor?
      OK I have 2 Toyotas, and even with all the reliability that Toyota offers, it still is quite expensive to maintain the cars.

      Insurance
      Gas
      Big Service every 15K to 30K Miles
      Detailing once a year
      Car Washes
      Oil Changes
      Brakes and other breakages

      With so many expenses, there is just no more room for adding the large bills for car problems. I don't think that these Toyota's are as reliable as they used to be in the 1980s, but they are far better than anything the big 3 make. I love American cars, Japanese cars are boring but it costs a lot of money to be able to afford an American Car.

      The only reason anyone buys Taurus rather than a Camry is because Taurus is a bit cheaper than a Camry. Anyone buys cavalier and not a corolla is again because cavalier is cheaper. A 5 year old Camry is a better car than a new Taurus or Chevy, now what does that tell you about the big 3.

      It will be interesting how this mess will get sorted out since they can not blame all the problems to Bush and Cheney anymore. What was funny is that even though Peolsi controlled the congress and Senate for the past 2 years, she continued to blame everything on Bush.
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    • Sun Nov 9th 01:47 AM
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      Commented on:
      'The Shallowest Generation': A Rebuttal
      If you want to do a rebuttal, at least put some substance in it.
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    • Sat Nov 1st 01:06 AM
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      Commented on:
      An Opportunity for Patient Investors - Barron's
      Keep it up Barrons, you will be right once in every 100 or so predictions. So far, Barrons has been the worst predictor.
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    • Fri Oct 31st 00:01 AM
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      Rating: 0 0
      Commented on:
      Why Oil and Gold Are Headed Much Higher
      Its not that simple. It sounds simple that more dollars, more supply of dollars, the commodities are the same and so, they will cost more and so Oil will go through the roof. I am getting of the opinion that Business as usual is going to be the new norm. The thing is that we sitting in the US think that the rest of the world are doing so great, but the fact is that they are not, India and China are almost completely dependent on US and will continue to be for who knows how long. So, the demand for US Treasuries is not going down, we may not be able to take on more debt, and seems like we will not, after what has happened in 2007-2008.

      Meanwhile, we will continue to see pump and dump, i.e. bubbles, how else are we going to pay for the execs and the traders
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    • Mon Oct 27th 01:35 AM
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      Rating: 0 0
      Commented on:
      My Take on This Very Risky Market
      a readable article for a change.
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    • Mon Oct 27th 01:26 AM
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      Commented on:
      An Opportunity for Patient Investors - Barron's
      What I think will happen. There will be a big rally and everyone will say that happy days are here again, and then, the real recession news will happen. In this short bull run, a lot of suckers will buy in at the top, say Dow 10K.
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    • Tue Oct 14th 11:54 AM
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      Commented on:
      Don't Let the Market Rally Steal Your Long-Term Profits
      very well told. But few will stay disciplined.
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    • Tue Oct 14th 04:18 AM
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      Commented on:
      Three Reasons Not to Sell Indiscriminately
      I just do not understand how people can be fully vested in equities. I have never been more than 50% in equities, some cash to sleep in the night and some commodities. The whole equity culture is vanishing from the world and the reason is that all the money than these companies make goes to fund the life styles of the CEOs, and that is what we have these rich valuations. The P/E need not be more than 10 even for a growth company and then the people will not get screwed. Easy money is partly responsible for this problem if you ask me...
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