Search results

  1. K

    Peter Schiff: U.S. Rally Is Doomed, Gold Will Hit $5000

    This is the exact reason the USA has to print! Do you know what the consequences would be if deflation took hold and EVEN MORE people couldn't pay down debt?! I laugh at people who have no clue and critisize the printing. FYI - USA needs inflation to make it easier to pay their huge debts.
  2. K

    death of the american empire

    I love these world coming to and end articles! The more the better; makes me feel better about being long. The best part is the doom and gloomers are quick to say the USA empire is finished...In the same breath, they will also say "China is all smoke and mirrors. Don't believe anything...
  3. K

    Melt UP!!

    No wonder you're so angry about this rally. Man, you must be pretty deep underwater given the bearishness you spew.
  4. K

    Forex Daytrading a Losing game?

    Indeed. Which is why the 90%+ of traders fail statistics that people throw around are bogus. That statistic may or may not be true, but even if it's true, it doesn't mean anything. You have Joe Blow come into the market and sell everytime his RSI says overbought. Shockingly, Joe Blow blows...
  5. K

    CNBC BUFFETT buying into Goldman

    He is a very very smart man. I love when people doubt him.
  6. K

    FOMC (9-23-09). Place your bets

    Alot of angry bears in this thread. Clearly not making any money.
  7. K

    RIMM vs the other smartphones......

    I think it will all depend on guidance and market share. Guidance and market share numbers will really tell a story as to who's making strides in the smartphone game.
  8. K

    "This is without precedent in U.S. history"

    I think the 1967 number of $12,711 has already been converted to 2006 dollars.
  9. K

    "This is without precedent in U.S. history"

    I disagree. The average family now WANTS two breadwinners. Why do they WANT two breadwinners? Because they have two SUV's, a brand new LCD flatscreen, and an enormous mortgage to pay for! I suspect that if the average family scaled back and lived 1960's style, they would be able to get by...
  10. K

    I'm tired of being told that...

    I agree with almost everything this guy has said. People need to get tough and suck it up. That being said, I'm also tired of people bitching and complaining. :p
  11. K

    Forex Daytrading a Losing game?

    You are correct about most traders. But I would also argue that many traders don't know how to properly use TA or even know what the underlying calculations of their indicators are. Slapping an RSI under your price chart and selling when the line crosses into overbought will not make you...
  12. K

    Caterpillar's August Sales Plunge 48%

    2009 profit and revenue guidance increased. That's all you need to know right there to answer the question of why it went up. Now, if it fails to meet those targets, then you could see a real bonafide sell off in CAT.
  13. K

    House moves to extend unemployment benefits.....Wait a Second!!!!

    Nobody is predicting rising employment anytime soon, which is why they are extending benefits. Fed et al have continuously been stressing that unemployment will continue to rise and lag the recovery. Some people think economic recovery means instantly that all measures should be improving...
  14. K

    What Jim Cramer says about this rally?

    Cramer is bullish.
  15. K

    The S&P will see 1000 before 1100

    That thread was amusing. I love when cockiness comes back to haunt people.
  16. K

    A really interesting long-term chart that contextualizes this market rally

    Your point about new technology replacing old is valid. But as long as the increased productivity from the new technology outweighs the lost productivity on the replaced technology, the economy will grow.
  17. K

    A really interesting long-term chart that contextualizes this market rally

    Leverage has artificially increased growth, but that does not mean that real growth does not exist as well (i.e. the internet). Technological advances and inventions fuel economic growth all of the time. Just because we cannot forsee what will fuel future growth as of right now, does not mean...
  18. K

    Just deposited $100K into my account...will take to $1Million & beyond

    LOL harsh man, harsh! But realistic.....I like it.
  19. K

    •Unemployment Increases in 27 U.S. States; California & Nevada Reach ALL-TIME Highs

    I don't doubt that government unemployment numbers are understated. But it's not due to not counting those who are not actively looking for a job. Consider the following (again, numbers out of my ass): USA population = 500 million Say there are 250 million BILLIONAIRES in the USA, who...
  20. K

    Just deposited $100K into my account...will take to $1Million & beyond

    You mean buy and hold? What makes you think that strategy will work any better than it did in 2008?
Back
Top