You are right on. It makes no sence
to bail out banks, Aig, brokerage houses.
The guys that run these business all got
their super bonus. Let the chips fall.
Why should the poor scheps bail out
all these rich people for their poor
business decisions. As for the people
who work for the government, they don't
care. The get their cost of living raise
every year. The coffee is made when they
get to work. Do government workers actually
work. Speaking from experience, about
two productive hours out of eight. We
need to change course and have accountability.
At this point very few investments look
from southbeach where the latin chicks
all have firm breasts - posted by moron
Speaking of Jesus. The latest statistics and the ad is correct demonstrate that if you were to spend 1 million dollars a day since the Birth of Jesus over 2000 years ago then you would still not spend as much as this 789 Billion Stimulus Bill. Now they are planning another for over 400 Billion with such things as tattoo removal for former Gang Members so they can have them removed and feel better about their past etc. There is about 9000 pieces of this Pork in just this one totaling almost 8 Billion dollars. There is only two ways to get this Money and that it is to borrow it or print it. When Countries like China won't buy our debt then there is no choice but to print it. One is higher taxes and if you think that only those making over 250 K will be able to pay it all then you are a fool. The Printing causes Inflation and a collapse of the dollar here will cause higher Prices in everything. This is what the Market is trying to tell you. Just bend over and enjoy the Pain.
what about insider purchases , have
you noticed any lately. Do you
believe when se is paying 8 or 9%
the divd will hold?
REPLY: Hmmmm, stock picking king is now asking the question about dividends, right after he stated so boldly in another post that they would probably cut.
Do you have a free newsletter that I and others can subscribe to? You should get your opinions out to the masses.
SE will rebound to
the 20's when Jesus crosses the
you sound strung out, lighten up a
from your moronic pen associate
REPLY: Nice name by the way. Can't say I disagree with it though.
Just want to say "Thank You" for that great GE pick today. Anymore picks so I can go full margin? You should substitute GE in where you have SE by the way. You blast SE as saying it is in a downtrend - GE looks like the east side of the Swiss Alps, stock expert.
Most all Stocks are out of favor with Wall Street because there is no direction from the people in the Government. This problem was caused by Housing which was then magnified by greatly restricting Credit when Bernanke raided the Federal Funds rate 15 times. If you don't understand this then you need to stick to safer Bank CDs.Until the underlying cause which is Housing is addressed then there will be no improvement in about 90% of Stocks. The onlt hting that appears to be holding reasonably well are Gold and Consumer Stocks such as PG as well as Communications stocks. The recent Housing Bill by Obama was a start but pretty Naive because of the 5% qualification. This Administration does not have the slightest clue especially with the Banks and the Market is reflecting it. Until the Government stops interfering then get ready for more Pain.Even worse Recessions do not exceed 18 months. This Mess started at least in Dec 2007 if not earlier and there should be signs of it easing but it is not there. Just bend over and get ready for more pain and thank the Morons that elected these people.
to Mr. viotile, natural gas co's are out
of favor with wall st Gas prices are going south, profits are lower. SE is down around
75%. If i were you i would look at UGI.
REPLY: Again, let us not buy when prices are down. Please ring your magic bell to tell the investing masses of the world when to buy, ok? Do you have a newsletter available for all of your wisdumb in one place? Why are you picking on just the gas companies? Market goes down - everything except short & some gold funds are getting hammered. UGI did good today too - anymore picks so I can go the opposite with full margin, Mr stock-picking master?
thats my point more stock out there
waters down the pe.
if the divd is going to be ok
why aren't investors buying a 7% plus
utility.....because there is too
much natural gas out there...ep
used to be a 6o dollar stock its
now 6 bucks. natural gas stocks
are out of favor.
How can you state BS like that? It's amazing the SEC doesn't clean up these boards or just shut them down because all of the rumors and such that fly around the wires all day.
Nothing more than a GD casino that's out of control.
And they wonder why many investors are getting out?