Money

September 28, 2011

Finding Existential Solace In A Pink Tied Psycho

Americanpsychoposter.jpg

unamerican


Continue reading:
"Finding Existential Solace In A Pink Tied Psycho" ››

Permalink | Comments (40)

Vote up Vote down Score: 29 (35 votes cast)


 

September 7, 2011

How To Be Mean To Your Kids

rum_drunk.jpgstabilize the price, whatever it takes



Continue reading:
"How To Be Mean To Your Kids" ››

Permalink | Comments (59)

Vote up Vote down Score: 81 (83 votes cast)


 

July 31, 2011

The Terrible, Awful Truth About The Debt Ceiling

politicians.jpg
in football, when the game is already won, this is called "running out the clock"


Continue reading:
"The Terrible, Awful Truth About The Debt Ceiling" ››

Permalink | Comments (32)

Vote up Vote down Score: 16 (26 votes cast)


 

September 22, 2010

The Terrible, Awful Truth About The Tax Cuts


taxrates.jpg
won't help


Continue reading:
"The Terrible, Awful Truth About The Tax Cuts" ››

Permalink | Comments (55)

Vote up Vote down Score: 23 (39 votes cast)


 

August 16, 2010

The Worst Thing That Can Happen Is You Succeed

npd group.png

a market research firm that should have done a bit more market research


Continue reading:
"The Worst Thing That Can Happen Is You Succeed" ››

Permalink | Comments (74)

Vote up Vote down Score: 55 (61 votes cast)


 

May 21, 2010

The Other Technical Analysis

engagement ring for men.JPGthe American male may be dead, but the consumer is not



Continue reading:
"The Other Technical Analysis" ››

Permalink | Comments (3)

Vote up Vote down Score: 7 (9 votes cast)


 

April 17, 2010

The Dumbest Economic Collapse In History

gs.JPG
If nothing was ever going to be the same again, how come GS is back to where it started?



Continue reading:
"The Dumbest Economic Collapse In History" ››

Permalink | Comments (66)

Vote up Vote down Score: 51 (53 votes cast)


 

March 26, 2010

Will You Ever Be Happy?

people kate gosselin.JPGno


Continue reading:
"Will You Ever Be Happy?" ››

Permalink | Comments (65)

Vote up Vote down Score: 31 (47 votes cast)


 

March 23, 2010

Relative Income Inequality

carter.JPG
did i make things worse?


Continue reading:
"Relative Income Inequality" ››

Permalink | Comments (79)

Vote up Vote down Score: 61 (63 votes cast)


 

November 27, 2009

The Coming Global Collapse, Sponsored By British Airways


citizen kane snowglobe.JPG
if you can supply the prose I can supply the crystal ball


Continue reading:
"The Coming Global Collapse, Sponsored By British Airways" ››

Permalink | Comments (12)

Vote up Vote down Score: 0 (0 votes cast)


 

April 29, 2009

Where Are They Now?

From April 3, 2008:

alan schwartz.JPG


how the mighty have fallen...


Continue reading:
"Where Are They Now?" ››

Permalink | Comments (3)

Vote up Vote down Score: 1 (1 votes cast)


 

April 14, 2009

Cinco de Mayo Is Not Mexican Independence Day

(from Wikipedia)

History

In 1861, Mexico ceased making interest payments to its main creditors. In response, in late 1861, France (and other European countries) attacked Mexico to try to force payment of this debt. France decided that it would try to take over and occupy Mexico.


Continue reading:
"Cinco de Mayo Is Not Mexican Independence Day" ››

Permalink | Comments (3)

Vote up Vote down Score: 0 (0 votes cast)


 

April 9, 2009

No One Noticed

sell in may.jpg

sell in May and go away


Permalink | Comments (7)

Vote up Vote down Score: 0 (0 votes cast)


 

March 2, 2009

Good Game, America


sp500.jpg

Way to play D.  Let's get together and do this again next generation.


Permalink | Comments (3)

Vote up Vote down Score: 1 (1 votes cast)


 

February 17, 2009

Platinum vs. Gold

God is telling you something

plat.jpg

You wait a couple months, then you gonna see
You'll never find nobody better than me

In the night I hear them talk- the coldest story ever told
somewhere far along this road he lost his soul
To a woman so heartless

That woman is credit, her power is flattery...


Permalink | Comments (9)

Vote up Vote down Score: 0 (0 votes cast)


 

November 26, 2008

Has Anyone Noticed That Price Of Gold And Platinum Is The Same?

For the first time in history, the price of gold and platinum are almost exactly the same.  Think about that.  This has never happened before, ever. 

Put another way: you have some gold, and you can trade it in for the same weight in platinum.

I don't know if that's bearish for gold (it goes to $500) or superbullish for platinum (back to $1580) but it is clearly a situation which cannot last.  Plan accordingly.


Continue reading:
"Has Anyone Noticed That Price Of Gold And Platinum Is The Same?" ››

Permalink | Comments (9)

Vote up Vote down Score: 0 (0 votes cast)


 

October 10, 2008

CNBC Ratings And VIX Predict Rum Sales


cnbc ratings 10-8.JPG
(Original idea here.)

     Pearson's r = 0.943, that's amazing.
     Maybe CNBC viewers are exhausted.  But they're checking out, and if Professor Pearson has anything to say about this, VIX has to fall very soon.
     FYI, the VIX is at the highest point in 20 years.  Remember 800.  It is inevitable.
I'll write something funny, maybe about narcissism, for you all on Saturday.  You know, to go with the rum.



Permalink | Comments (1)

Vote up Vote down Score: 0 (0 votes cast)


 

October 9, 2008

The Next Step: Suspend The Capital Gains Tax, and The Market


Extraordinary times call for extraordinary measures.  Move.


Continue reading:
"The Next Step: Suspend The Capital Gains Tax, and The Market" ››

Permalink | Comments (4)

Vote up Vote down Score: 0 (0 votes cast)


 

October 9, 2008

This Shall Pass


If you do not need to sell, don't.

The markets are tanking more than is necessary for even the most severe recession.  What makes it scary is that it is happening in days, not months, relentless-- it's happening in internet time. 

The S&P500 goes to 800 and Dow to 7500, these are inevitabilities.  But you can't trade it because the volatility is too high-- so don't.

Some people need to sell-- especially hedge funds caught the wrong way; or people selling the good stocks to raise money to cover debts, taxes, redemptions, whatever.

If you have cash and can wait for 800 and 7500, then feel free to buy then.  Stocks aren't falling, they are being stomped on, compressed.  When the real companies rebound, their stocks will likely explode higher, like.. a coiled spring.

Let me quote the late, great, Mitch Hedberg: "I'm tired of following my dreams. I'm just going to figure out where they're going, and hook up with them later."

Don't follow the market.  Just meet it at 800.


Permalink | Comments (1)

Vote up Vote down Score: 0 (0 votes cast)


 

October 7, 2008

The World Is At A 52 Week Low, And The Past 10 Years Never Happened



sp500 10-7-8.JPG

In retrospect all things are obvious, but someone should marvel that today's close is merely 10 points different (lower) than the exact same date 10 years ago.  

And you have to ask whether God has built the world as zero sum-- i.e. this is the bottom-- or as a cyclical spiral-- in which case we are destined for 800.

And the rest of the world is no different.  Click "Continue" for other charts.

Oh, and pay close attention to that bottom in February 2003, and ask yourself what might have ended such a precipitous fall and coincided with the beginning of the largest bull run in history. 

I'm not a tin foil hat nut, but I'll reveal something about myself: for the very first time in my life, I am scared.


Continue reading:
"The World Is At A 52 Week Low, And The Past 10 Years Never Happened" ››

Permalink | Comments (13)

Vote up Vote down Score: 0 (0 votes cast)


 

 

For more articles check out the Archives Web page ››