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  1. M

    Top Ten Reasons Recession Will Last "Forever"

    That's a lot of work... how about this article? I won't take it personally if you shoot holes thru it. I actually hope the writer is wrong. http://seekingalpha.com/article/135566-jim-welsh-on-the-economy-past-the-point-of-no-return Scroll to the middle of the article with the chart...
  2. M

    how did people get it in their heads that long housing is an investment

    6% is not 6% when you have an interest rate deduction on your taxes.
  3. M

    Vonage ( VG )

    By the way, from Barron's blog: “Three weeks ago, the company announced financial results which included record adjusted EBITDA of $31 million, positive net income for the first time in the company’s history and positive cash flow. Last week, the company launched Vonage World which...
  4. M

    Vonage ( VG )

    Sick is slang for good, as in really good. I'm not a new trader, I post mostly in the econ/wall street forum, I rarely like to give specific opinions on stocks. And yeah, I've traded with stocks that turn 300+% in a short time (weeks)... it's just real risky and rare for me. I allocate...
  5. M

    Vonage ( VG )

    Sick stock. I was in just after the close. And yeah, it's still rising. Their global IP pricing kicks ass. Ever see all those calling cards at convenience stores that many immigrants get? I think that's their market. I may dump it sometime tomorrow, or maybe 1/2 my holdings.
  6. M

    ‘Peak Oil’ Is a Myth & Waste of Energy

    Dumbass.... Peak Oil theory has NOTHING to do with complete oil exhaustion. The issue is one of production and demand. When production levels off and demand continues - what do you have? That's the Peak. The question is not if, but when. In the US, the lower 48 reached peak oil...
  7. M

    ‘Peak Oil’ Is a Myth & Waste of Energy

    This thread is about Peak Oil - not methane - thus I am limiting my abiotic views as they pertain to petroleum. Most geologists support the biogenic formation of petroleum. I am no geologist, so I will go with the current standard accepted theory. Richard Heinberg writes an interesting...
  8. M

    ‘Peak Oil’ Is a Myth & Waste of Energy

    I'm not surprised you said this. You must be one of the abiotic school of thought quacks. Or maybe Jesus continually makes the stuff. The article above is a farce.
  9. M

    Top Ten Reasons Recession Will Last "Forever"

    I enjoyed your business as usual optimistic global trade is always wonderful view. But I find the Cornucopian view of permanent prosperity to have its faults. I will address your points later today. I am curious as to how you think we will ultimately address the deleveraging and credit...
  10. M

    Top Ten Reasons Recession Will Last "Forever"

    Here's why: Do you know what a financial ticking time bomb looks like? It's that chart above. No one in a position of power will say it publicly. That's why you're so blase about it. This chart is old... we are now well over 375% of GDP. This is total credit - gov't and private...
  11. M

    Probability of SP revisiting 666 level

    I'm beginning to doubt it too. They will kill the dollar before SP goes to 666. Look at their actions to date.
  12. M

    S&P 500 Over Priced. PE Ratio is Now at 129

    The behavior of irrational humans is how we make money in the markets. We try to be a step ahead of the stampede either way, and that's not that hard to do. But... Collusion between the fed/treasury and the big banks - that's the real issue here. It's one thing to take advantage of...
  13. M

    Michael Lewis: 'There's a Real Chance There's Going to Be an Uprising Against Bankers

    You will be surprised what the younger generations will do when they as a demographic have 20-30% unemployment. All that free time will go to something. I've seen it firsthand in Europe.
  14. M

    US Reaction to Hero's Welome for Terrorist

    TGregg - you do know what petrodollar recycling is? If you have billions of dollars to invest in US Treasuries and US Stocks, you too will get an apology and a sword dance. Until then, you and your opinions are irrelevant. I'm not happy about it either, but it's the sad truth. China is...
  15. M

    The difference between humans and muslims

    There's always more to the story...
  16. M

    Bernanke says US economy on cusp of recovery

    Bernanke wants his job - his term will be up in a few months and Larry Summers has already gathered some people in his corner... i.e. a threat to Bernanke. More so than ever the Fed is getting politicized. Who thinks Bernanke wants to keep his job and ensure himself a page in the history...
  17. M

    SEC's Restrictive New Short Sale Proposal --- NOW is your only chance to influence it

    I agree, but how soon? You think by year's end... or indeterminite future? I ask because it's obvious that Bernanke is feeling pressure on re-appointment. And that would make for even more ridiculous fed policy.
  18. M

    If I were the devil...

    In my personal experience: The theists I know have very defined opinions as to who god is, what he does with his free time, what his kid(s) may look like, what church to belong to... things like that. Agnostics I know of aren't sure and are open to possibilities. Common opinions they...
  19. M

    Scary Reality. Great Depression II Is Here

    I'll somewhat agree for a different reason - PEAK OIL. Look at oil production the past 5 years. Some say it has peaked. The current Great Recession could have been a way to delay the consequences of Peak Oil by dampening demand. What else has happened while the credit crisis was brewing...
  20. M

    Bank Holiday this month?

    Sometimes you need more than 48 hours. I would assume a C or a BAC would need some more time. And hey, I'm not saying it will definitley happen - I'm just assuming arguendo - and that's why I came up with my reason for a bank holiday.
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