Recent content by george_s

If Geithner has any cojones, he would get his revenge on Standard & Poors by driving S&P futures up 50 points tomorrow. How much would it take? Peanuts. Joe Public cares more about the stock market than the bond market, and he would be using Standard & Poors own instrument against them.

Cost- Hope everything is OK. Would love to hear your current views on the markets.

IWM went up from 85.84 to 94.35 during the last second of the day, but closed at 85.90. IJH dropped over 1 point during the last second of the day to close at 100.04, then immediately jumped back up over 101 at 4:00:01 The SEC should investigate this one. Looks like someone was unwinding...

A plumber gave me a $200 bill for a one hour job. I told him- "My doctor charges less than that". He said: "I know. I used to be a doctor"!

Six Point Plan 1) lower capital gains tax rate 2) lower dividend tax rate 3) lower marginal income tax rate on bottom 99% 4) raise marginal income tax rate on top 1% 5) lower corporate tax rate 6) introduce VAT tax. Needed to get tax revenues from those who work "off the books".

"They've created a nation of spenders, speculators, and consumers" Schiff should also add to the list: spenders, speculators, consumers and useless media pundits.

The buyers used a market order and were screwed. Who would think a 100 share market buy of CSCO would move the price over two points? The system is broken.

Over 37 million shares of Cisco traded on July 29. Only 41,100 shares traded on the Amex, and there were six clearly bad trades of 100 shares each. At 10:41:33, Cisco jumped to $26 from $23.37 on 100 shares and no news, six other orders for 100 shares each crossed on NYSE Amex at prices...

Looks like a reasonably good value, but the discount was 50% in December 2008.

Why not work as an investment advisor for another firm and take CFA level II and III. The other alternative is to just grow your own portfolio if you can really triple it every few years.

For most of the period from 1942-2003, the largest conservative party in Canada was the Progressive Conservative Party. I am conservative on most issues, but believe in a graduated income tax system. We have a graduated income tax for the bottom 99%, but a flat tax for the top 1%. If we...

What is unfair about Obama's plan is that the marginal tax rate for someone making $275,000 is the same as for someone making $27 million. Why not lower the 39% down to 38%, but add another bracket of 45% for those earning over 1 million, and 50% for those earning over 2 million. This...

How about this version of a fair tax First 200k exempt from income tax. This is probably over 80% of the people. They would still pay FICA. From 200k+ to 1mm, tax rate is 50% over 1mm, 60% When the income tax was introduced in 1913, it was only paid by the super wealthy. Time to...

My last post (and one of S&P's web pages) are incorrect. There is a note on the S&P site saying that PCLN was offically added to the index at the close of November 5.