Recent content by seauouch

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    huge dividend blue chips

    Care to explain? They have plenty of free cash flow to maintain the dividend, EPS is down from retirement charges, FIOS rollout etc.
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    California may pay taxpayer income tax refunds in April with IOUs

    The pork that goes on at the state & local level is DISGUSTING. I live in MA ( Cali-northeast ) & in my hometown the highschool that used to service 3 towns now services just 1 town ( 60% less students than in the '70's ) & yet the voters recently passed a 16 mil proposal for a high school...
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    The Mighty Celctic Irish Economy Comes Crashing Down

    "But the one thing that I have is my wife and children — that they can’t take away from me.” Over/under on how many days it takes his wife to leave him after he goes under? 5?
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    MSFT to $10?

    @10.00 per share MSFT would have a PE of 5 & a 6% divivend. I wouldnt want to see what kind of economy we would be in to have MSFT fall to 10, it would be ugly.
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    Do CEOs lie to boost their stock????

    I had some money in a tech stock ( sorry forget which one now its been 10 years ) & the price of the stock dropped 20% in 1 day on no news. The CEO held a press conference the next day & told the bagholders not to worry, everything was fine, earnings were right on track etc. Well earnings...
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    Why don't Americans save?

    100% right, I love how its in vogue now to chastise American taxpayers for not saving. Why the hell would anyone save when interest rates on savings minus inflation is negative??? The government inflation rates are a joke, sure computers & TV's are cheaper now than 10-20 years ago but important...
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    Please help me undersatnd USO

    Contango is your answer.
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    Christopher Cox Comes Out Swinging; Slams Bernanke And Paulson

    I'll use the same analogy.. 10 people on my block called the police reporting a man walking down the street acting strangly & carrying a butcher knife. The police never show up & the man murders my neighbors. Are the police at fault? It turns out the police dispatcher is married to the...
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    Christopher Cox Comes Out Swinging; Slams Bernanke And Paulson

    The SEC's budget has doubled since 2001, so they didnt have the resources to check out a potential 50 billion dollar ponzi scheme?? CNBC had a segment on a broker who worked for a Boston based hedge fund who had sent the SEC numerous detailed letters over the years explaining to them that...
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    Christopher Cox Comes Out Swinging; Slams Bernanke And Paulson

    The SEC recieved NUMEROUS letters, emails & phone calls over the years questioning the validity of Madoffs dealings yet chose to look the other way. That a crime of such proportions was allowed to operate under their watch & yet Cox's view that being pressured to institute a short ban for 3...
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    Christopher Cox Comes Out Swinging; Slams Bernanke And Paulson

    A 50 billion ponzi scheme was run right under his nose & the worst mistake he made during his tenure was a 3 week ban on short selling??????? WHAT THE F:confused: CK? This clown should be burned at the stake.
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    Levered ETF's--Portfolio Salvation or Damnation?

    I've been trading FAZ, FAS & SRS the last few weeks. These ETFs are portfolio destroyers for people dumb enough to buy & hold them but are quite nice to trade intra-day. I dont like to hold the ultra shorts through the close & refuse to hold the ultra longs over night, my thinking the odds of...
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    wall street bonuses

    Anyone else feel like throwing up when you listen to CNBC concerning Wall St. bonuses? The argument that these perks are needed to "retain the best & brightest" on Wall St. is a joke. There was a sgment on CNBC today & the talking heads were concerned that GS would have trouble retaining "top...
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    stupid question but..

    Which banks have access to the FED discount window & how does the FED determine how much "free money" they can take? With the discount rate @0% banks can theoretically take as much free money ( ie FED money created out of nothing ) as the FED allows & just park it in treasuries & pocket the...
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