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  1. J

    California becoming a part of mexico?

    I think its a myth to say that legal Americans won't do the work (i.e. manual labor, picking fruit, making beds, etc) that illegals do. Americans use to do these jobs. They could do them again. What would happen if illegals were deported? Well: American unemployment would obviously go...
  2. J

    la rouche

    These people are on the extreme fringe to say the least. Outside of my local post office, I saw La Rouche people spreading the word. They were spouting some nonsense that sounded very anti capitalist, "let's hid in a bunker" type of rhetoric. In one of their booklets, I saw some distorted charts...
  3. J

    What kind of market do we find ourselves in at present?

    I still believe this is a bull market inside a long term, secular bear market. We haven't had anywhere near the pain and suffering needed to eliminate the excess of the late 1990's. We had the biggest bull market in history, and we escape it with the Wall Street establishment and mutual...
  4. J

    Being branded "anti semitic"......

    Out of curiousity, I went to the ADL website. Their headlines are quite dramatic; "Europe is still anti -semitic", etc. Then when you read the article, you realize the sheer lunacy of the charges. Apparently, thinking jews have "too much power in business", means you're anti Jewish. So, if...
  5. J

    California becoming a part of mexico?

    There seems to have been a fundamental shift in Californias view towards illegal immigrants. 10 years ago, politicians (i.e. Pete Wilson the govenor) were much more vocal about it. But I believe we are now past the point of no return. The momentum towards accepting illegals into society ( let's...
  6. J

    Being branded "anti semitic"......

    I saw the article on MSNBC.com. The ADL may be legitimate and truely want to stamp out anti semitism. But don't you think they can go a little too far sometimes? I quote, "the events leading to the crucifixion will promote anti semitism." Does anyone truely believe events in a historical...
  7. J

    Discipline - ideas to improve it

    Play poker successfully over the long run (I like texas hold'em). You need alot of discipline for that. You've gotta fold most of the hands you get. You have to seperate yourself from the money you have in front of you. It's great training for trading stocks.
  8. J

    Being branded "anti semitic"......

    Apparently, Mel Gibson's new movie "The Passion" is "anti - semitic". I find this to be a very curious and often wildly over used phrase. I can't think of a similar phrase about other religions. There's no special "anti islam" phrase that is so polarizing. Or anti christian. Or any other...
  9. J

    Hurricane Isabel is bearing down ...

    If you short the insurers, you've got to assume the hurricane will be worst than what the market is discounting. Like Hurricane Hugo or something.
  10. J

    Not AGAIN...Court of Appeals delays Calif. Recall

    If the election is in March, Shwarzenegger is in big trouble. Time is not on his side. What an embarrassment for this state. The 5th or 6th largest economy in the world, and we can't hold a free election because of outdated ballot machines. Are we in sub sahara Africa now??
  11. J

    idiots in washington

    Are we going back to the 1930's? We don't need trade wars. We don't need Chinese Tariffs. We need to just admit that manufacturing is not going to come back to America anytime soon. There are too many other spots in the world that can offer low cost production of goods. The US had it easy...
  12. J

    Dick Grasso grabs 139 million $$

    Grasso seems like an easy target. He's kinda funny looking, he's short, and he's "only" an NYSE guy. His pay package seems to be a bigger deal than it really is. This harks back to the days when Michael Milken made $400 million + and people were outraged. The greed is good era. I'm not...
  13. J

    Elaine Chao - Ultimate Spinmeister!

    It has been the worst jobless recovery in the post war era. Not opinion but fact. It hasn't been the highest level of unemployment, but it's been the longest period after an expansion in which no jobs have been created. http://www.nytimes.com/2003/09/06/business/06JOBS.html The 6th...
  14. J

    Elaine Chao - Ultimate Spinmeister!

    What can Elaine Chao even do about Americas rising unemployment? Call up IBM or American Express and tell them, "now you companies behave yourselfs and stop sending jobs to India and China"? Her pyscho babble is going to have a hard time explaining the worst jobless recovery in the post war...
  15. J

    Gas price rises - where's the REAL debate??

    I don't know why Cali has always got the highest gas prices. I was paying $2.17 a gallon for regular about 2 weeks ago here. If Cali wants to solve thier deficit problem, heres my suggestion: Tax SUV's an extra $5 grand. 30 million people in the state, lets assume 30 million cars. Aren't...
  16. J

    Would anyone short Schwarzenegger?

    I don't think he's a short at all. I'd rather short Gary Coleman, lol or someone like that. It'll come down to Bustamante and Schwarzenegger. If the republicans can solidify their base, the govenator will come out on top. I have a feeling alot of young people will come out and vote just because...
  17. J

    Gas price rises - where's the REAL debate??

    Whenever gas prices rise, you can be certain of a few things: You'll see some lonely AAA spokesperson say "it is an unfortunate situation" (what else would they say?) The consumer groups with nothing better to do start complaining about big oil. The State Attorney generals start to...
  18. J

    NY Jewish gem dealer labeled "terrorist"

    Remember those words "I want osama dead or alive"? What happened to Mullah Mohammed Omar? He seemed to have completely vanished. His name hasn't been mentioned at all by the press.
  19. J

    Still have faith in the VIX?

    In the LA times this morning, what do you know, on the front page of the business section, I see a story about sentiment and (gasp!) the low VIX reading. Then the market "pros" go on to explain how the VIX may not be as reliable as it has in the past. They even give the analogy to the January...
  20. J

    NY Jewish gem dealer labeled "terrorist"

    I guess the diamond business isn't what it use to be. Yep, I never read this story in the mainstream press. The press never emphasises any american "white terrorists" (regardless of religion). Why in the world is this guy buying shoulder launched missles? When is the US going to at least...
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