sickofthehype

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    • Sat Nov 22nd 19:05 PM
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      Rating: +2 0
      Commented on:
      What's Behind Buffett's Call to Buy?
      Why is he buying stocks? Because he knows a hell of a lot more than anyone on here. AND because he truly understands the flight to equities that will happen - by everyone's surprise, sometime in 2009.

      Inflation is about to rock the boat in a way that will make the late 70's look like a cake walk. Money supply is double what it was 8 weeks ago!!! 2 trillion injected and more 'stimulus' in the works. The fix is in folks. And Buffett understands that. And he understands bonds will be worthless.

      Most people would laugh at the prospect of DJIA at 20,000, but with the coming inflation it will happen. And of course, most people won't see it coming, like usual.

      Cash will be worth-less.
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    • Fri Nov 21st 18:27 PM
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      Rating: +3 0
      Commented on:
      Bail Out Capitalism, Not Detroit
      The 'home team' isn't even putting together the 'Made in the USA' vehicles. That's where you're brainwashed my friend.

      View article »
    • Fri Nov 21st 18:25 PM
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      Rating: +3 -4
      Commented on:
      Bail Out Capitalism, Not Detroit
      My Chevy Tahoe was built in Mexico and fell apart at 40K miles. THAT is the ongoing issue w/ the Big 3.

      My Toyota, now with 210K problem free miles, was built in Indiana. THAT is why Toyota is being chosen over the crap cars and trucks the Big 3 put out.

      My heart goes out to the actual workers who bust their butts each day to make a living. However, the blame points directly at the management of these companies who have driven each one straight into the ground with failed vision and mismanagement to the highest degree. Greed, incompetence, failure, and avoidance.

      Management at the Big 3 made (and did not make) the choices that were needed, and they couldn't even pull profits in boom times. Enough said.

      Screw the taxpayer 'bailout', it's a cop-out and the Big 3 must fail on their own accord. Capitalism says so.
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    • Fri Nov 21st 17:01 PM
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      Rating: +6 -3
      Commented on:
      5-1/2 Ways to Make the Market Rally
      Reason #6:

      Cut mortgage rates to 2.5% for a 30-year fixed loan, and then kick back and watch the buying frenzy begin. Then when things pick up, kick it up to 3%, then to 3.5%, and so on. Lots of empty houses would fill up quick. End of story.
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    • Fri Nov 21st 08:58 AM
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      Rating: +1 -2
      Commented on:
      Six Myths about the Big Three
      Well the fact of the matter is they DO build crap. Their ignorance to staying ahead of the game has caused their demise, and their cheaply made products are winning over less and less buyers each year.

      Toyota launched their Prius in 2000, almost 9 years ago! Come on! These guys were too caught up in the moment selling gigantic SUVs, and now look at them. And the small car segment is horrible. Would you buy a Cobalt or a Civic? Most would prefer the Civic. Would you rather be in an accident in a Cobalt or a Civic, that's the better question.

      In business you stay ahead of your competitors, and they have failed to do so. Now quit the whining and deal with the ramifications.

      The reason for the 'tone' of the articles about the Big 3 is that most people have the same opinion about the current situation. Poor management, poor products, failed ingenuity = too bad.
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    • Thu Nov 20th 15:07 PM
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      Rating: 0 0
      Commented on:
      Housing Market Forecast: Storm to Continue
      Shocking. And I thought housing was turning around before year end.

      But just so you know, in Phoenix and Vegas sales are much higher YTD than last year. Sales volume picking up, inventory not going up either. Bank owned homes have brought down the median, but of course nobody wants to report a positive spin on the current situation.

      Gotta love all these 'forecasts'. They've always been so right on the money huh...
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    • Thu Nov 20th 11:34 AM
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      Rating: 0 -1
      Commented on:
      JPMorgan: Expect Fed to Cut to 0% in January
      How about 2.5% 30-year fixed mortgages? That would get the fence sitters out making deals this weekend. Inventory would drop like a rock.
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    • Thu Nov 20th 11:10 AM
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      Rating: +2 0
      Commented on:
      Investor Sentiment: What's It Saying about the Market?
      This chart is missing the infamous 'shit your pants' phase, which apparently has begun at DJIA <8K. The 'puke your guts out' phase will follow, so beware.
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    • Wed Nov 19th 16:48 PM
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      Rating: 0 0
      Commented on:
      Deflation Watch, Day 2: Consumer Prices
      Very true - the only saving grace is that THEY are screwed as well since they're in this mess with us. Down with the ship they say.

      Let's only hope that we're less-screwed than they are. Time will tell.
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    • Wed Nov 19th 15:26 PM
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      Rating: 0 0
      Commented on:
      Deflation Watch, Day 2: Consumer Prices
      Some great comments on here by the way.

      I keep hearing about this deflationary spiral and the doom we are facing. Sure, the CPI increased 1%. Big deal. It's an easy explanation - oil dropped like a rock. But tell me what other bills everyone gets that are dropping. I see none.

      I keep hearing about this being another Great Depression. Many elderly people I've spoken to personally, laugh at that statement. What we had back then was policy error, as the Fed REDUCED the money supply by a third. Plus Hoover raised taxes at the time. Dumb move. The government enacted tariffs keeping out foreign goods too. Then the world did the same. No imports/exports going on didn't help that period of time. We have the tools now to combat the various problems we are and will be facing, and it's only a matter of time before the new stimulus money, and the ones being prepared right now, will create a gigantic sum of inflation in this country. What's going on now is homes are dropping (as they should), and oil is dropping (as it was speculated up). Those things needed to happen.

      What's also happening is a massive flight back to the yen for Japanese investors. The carry trade is creating a sell-now situation for markets all over the world. Add to that the fact that THOUSANDS of U.S. hedge funds are on the brink of failure - and in turn, liquidating EVERYTHING, and you end up with fundamentals being thrown out the window.

      And another tidbit is the pronounced 'cash on the sidelines'. There's more cash parked in money markets than at any time in our history, ever. And you better believe that when the forced liquidations are over, and when the carry trade calms down, and when the stimulus packages 'hit the streets', that all of that cash will be at major risk to be devalued like no other due to the inflationary measures being undertaken currently. All of that cash will be used to buy hard assets, stocks, you name it, as it will be at risk of becoming worth-less.
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    • Tue Nov 18th 19:44 PM
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      Rating: 0 0
      Commented on:
      CPI + PPI = Deflation
      Money supply is up 100%, is that right? $2 trillion and still throwing 'stimulus' at the economy.. Deflation is temporary to a slap in the face by inflation which is right around the corner. Don't convince yourself too soon that the gov't will stand for a deflationary spiral that will kill everything. Does anyone really honestly think that the government will sit back and watch its debt become even harder to pay off? Just watch.

      In about 2-3 years you'll WISH you could trick out your kitchen for $30K.
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    • Tue Nov 18th 10:14 AM
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      Rating: 0 0
      Commented on:
      Context is Everything: 7 Ways to Assess the Bigger Picture
      Just as you won't compare a beautifully restored historic home in one of the prime central locations in any of our cities, to a tract home in BFE, you also won't be able to compare just any 'stock' to another. Some aren't cheap, but there are many who are a screaming bargain.
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    • Mon Nov 17th 23:08 PM
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      Rating: 0 0
      Commented on:
      Economic Conditions Force 27% To Put Homeowner Plans on Hold
      There's many an argument to defeat your 'rent forever' thesis. But that's a choice we all have. Moving every 12 months or so can get old, especially for a family, and calculations of after-tax cost on owning can be cheaper than renting in many areas -
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    • Mon Nov 17th 20:54 PM
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      Rating: 0 0
      Commented on:
      John Hussman: The Market Is Not in Uncharted Territory
      Do what I've done and talk to some elderly people who were around for the real Great Depression. Every last one of them LAUGHS at the talk comparing now to then. It's a joke they say, to compare this credit bubble, to now.

      Cyclingscholar - If you do the math on DOW 14K to 8K, I believe that's in the neighborhood of 40% or so. Comparable to the '70's saga you brought up.

      Speaking of the 1970's, we're in for a real round of inflation, and it's going to get ugly. Debt will be worth-less, assets will surge, get ready.
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    • Sun Nov 16th 20:47 PM
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      Rating: 0 0
      Commented on:
      Watch Peter Schiff: It Pays to Be Contrarian
      Spewing negativity and right once in twenty years. Not to mention 6-8 years early.

      You guys need to check out how he made his first million and then how he invests in contrary to what he writes.

      Wake up people. Everyone wants a fortune teller, but this broken clock isn't it.
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