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  1. K

    •Wilbur Ross Sees `Huge' Commercial Property Crash Ahead for U.S. Assets

    What never made sense is the insane buildout of stripmalls. They they expect the US population to double? I never understood why there was such a huge disproportionate buildout in the last 4 years. Anyone have a clue why such a buildout, there is not enough people in the US to support so...
  2. K

    Taxpayer money to fund employment for chinese folk

    WASHINGTON (Dow Jones)--A joint venture between Chinese and U.S. companies Thursday announced plans for a $1.5 billion, 600-megawatt wind farm in west Texas. Although much of the funding will come from Chinese financiers, part of the project's capital will also come from the Obama...
  3. K

    Dividens now rather than later

    I usually sell on my long term portfolio OTM calls (low delta) let them expire worthless and reinvest proceeds back into equity in addition to the dividend reinvestment (fractional shares). For compounding power.
  4. K

    Erickson Retirement Communities files for Chapter 11

    Why do people complicate their lives with this kind of stuff.
  5. K

    Video: Economic Downturn Hammering Upper E. Side of Manhattan

    For that price you can visit one of the Asian in Chinatown that will give you a haircut and happy ending :)
  6. K

    BAC 2 dollars, JPM 21 bucks

    Except loan losses will continue to grow. Tangible book value is going to get eroded over time just like an options contract. Anyone going long on these ticker symbols is asking for trouble. My price targets will stay because I see further erosion as time passes. More and more foreclosures...
  7. K

    I am not surprised with the housing data, it will get worse.

    I think house prices will deflate. They have to. The prices reached unrealistic levels. The economy will be better off if homes reach 1999 prices. The only folks who suffer are the banks, this is why the whitehouse is desperately trying to figure out how to reinflate house prices to 2006...
  8. K

    Who doesn't expect us to go up again?

    I am waiting like a hawk for a good correction so I can add more to my long positions (on my long term portfolio) I think we still need do drop into the 900's
  9. K

    What should I do? Losing lots of money!

    Also gamblers are the ones who always go for Forex. Real traders do not play forex. Forex is for financial institutes to hedge against currency risk,etc..
  10. K

    Who doesn't expect us to go up again?

    Why do you have a blog? Are you expecting some form of compensation through payments or ad revenue? Only 13 posts and you wanted to spam it seems.
  11. K

    Who doesn't expect us to go up again?

    Too risky to short, The low hanging fruit was done. At any moment the FED could dump trillions more to push up asset prices.
  12. K

    Chinese company selling counterfeit gold

    It would work, Assaying would not detect that. They would have to drill through the center of the gold bar in two spots to detect a counterfeit bar. Would make for an easy con, just go to a bunch of old farts and tell them you are an illegal immigrant and tell them that you would sell it to...
  13. K

    I am not surprised with the housing data, it will get worse.

    #1 Homes are way to expensive compared to average salaries #2 High unemployment risk. No one wants to buy a house today if they could lose a job tomorrow. #3 Risk of relocation due to layoffs and consolidation of jobs, With the limited liquidity of homes and wide bid/ask prices it would be...
  14. K

    Pilots get license revoked.

    http://www.nytimes.com/2009/10/28/us/28plane.html I wonder what kind of Job they will be able to get now.
  15. K

    What should I do? Losing lots of money!

    You cant win since you are trading against your broker. Forex is the biggest scam since the invention of the Madoff Investment scheme.
  16. K

    Macintosh's are NOT inherently secure

    If you cannot afford a Mac pro or laptop then you are not making enough trading :D Apple is good at separating Userspace from systemspace. One of the reasons OS X is not an easy target. Where in windows shit gets thrown in the windows system32, C:\windows etc.. One monolithic registry...
  17. K

    Top 100 Virus-infected Websites Exposed

    I have a Mac so I am protected.:D
  18. K

    Saudi female TV journalist gets 60 lashes

    IF only some of you fox dimwits would figure out that Bush was in the same pocket as Bushama. I wonder how long before people wake up and stop falling for the two party scam and actually work together against the whole charade.
  19. K

    Why no real solution from opposition party?

    Democrats/Republicans. Are just two sides of the same coin. In Soviet Union you had 1 party, In the US you have two parties, "that party and the other party" Same results. Bushama is just another ballplayer. Bush, iraq Obama, Afghanistan Bottom line, profits for Military industrial...
  20. K

    Japan threatens to kick out US troops

    We are gonna end up like the Soviet Union. The irony is now we are in Afghanistan.
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