but that's NOT what big business wants .. and big business is now firmly in control ..
revisit the 1890's and the Robber Baron's ...
only if it's accompanied by a price freeze ... i just love it when
i hear the heads talking about the FED , blah blah , and how
it can save the system , but can't really change policy ..
how about Congress , exercising some actions that have
been taken in the past .. rationing , wage price freezes and
the such ... strong measures are needed at this point .
tough to build an investment strategy with that premise ... trade it ..
for me , i'm at the point where i need to buy very long hold companies that will keep increasing their divs ... i sure don't see an increase for
Ford over the next year or so ...
we continuously hear about "consolidation " and how it works and
quite often , after a bull run , various sectors need it ... well , in
my estimation , consolidation is sorely needed in the auto sector ..
granted , we only have 2 or 3 US companies , but hoards of
companies around the globe .. i see rough sledding ahead for
all car companies ..
so far , they have been riding a wave ... for the past 5 years ,
the rich have been getting very much richer and auto companies'
revenues / earnings have come from big ticket vehicles .. that
cannot last forever ... read "housing boom" .. one of the big
problems with the RE bubble and bust , was that 1) banks
were handing out mortgages to anyone breathing .. 2)
the only thing that the sub primers could buy were expensive
homes , as nobody was building anything that the middle class
could actually afford and that sector paid the price .. garce
yes the saudis are cutting back also ..it's all wait ahd see ...
a couple of kickers , if you will ... Iran , Iraq and Russia , among others ,
will pump oil regardless of price because they need the capital .. also
Mexican gangs are siphoning crude from pipelines and selling it below
market .. these actions will give the illusion that demand is less that what it
actually is ... many concerns cannot just cap wells or cut back on rigs
just because price is low .. we live in very interesting times .. later .. garce
didn't do anything with the ETF ...
what's your 2nd wave reference ?? Eliot ? that would
be a very very long cycle , but if so , then 3 rd wave should
get under way next year .. 3rd wave is supposed to be
short and high is only slightly more than wave 2 ...
i just want to be in cheaply before waves 4 and 5 ...
btw .. i believe that gold is one of the best markets to use
wave theory on .. .garce
sorry for posting off topic , but it seems to me that the next 2 weeks are a big deal for pharma ..
BMY to present 10 abstracts at the conference ... looks to me like some buying ahead of expected
good news .. any comments ???
fair enough , but are you making a point ???
i'm going to guess that you are in that camp that believes the party is over the day after the 1st rate hike ..
can you remember back a few years , when oil was starting to rise , rather than to choke off economic
growth , it was because of strong growth that demand keep prices rising and the stock market also ..
once rates start to rise it will be because the economy is stronger headed to being very strong ...
so ,if VZ paid higher wages , there would be better candidates to work their brick and mortar stores ..
same for many other companies .. higher wages = better employees = better customer service = more $$$$$ ..
i don't know how anyone can think that bleeding the middle class can come to anything but destruction ,
is beyond me ... but then corporations have a long history is killing geese that lay golden eggs ...
i think that Sprint's end occurred a couple years ago ... most lifeforms will twitch after the
head is severed , but it's not actually life .. g
Don , for some reason , i can't log in to IV .. comment on your post about the pad cleaning reissue ..
i'd have to guess that was in line with fixing the bonding problem ...
i doubt it sweet ... remember the days when we wondered if Eman was on anyone's radar (LOL) ..
the past couple of years , we've been on lots of radars , however , many of those newbies have no
clue what they are buying , then there are the traders ... all of'em bailing .. couple that with reports that
small caps are faltering , more selling .. .
much of the reason for wallowing under 2.50 is probably no contract announcements ...
i take some heart here .. we've had lots of discussions about Google glass and other wearables and
the fact that the big guys won't partner with a small outfit that might not be able to deliver quantities ..
Apple should have know how shakey GTAT was , but went ahead anyway ... kind of surprised that
Appl didn't put some capital to work , unless their plan is buy GTAT for pennies on the dollar ... g
yes , the guys always distance themselves from risk , doesn't change the fact , that
somewhere , there is a tipping point that will be painful , from US corps squeezing the
middle class wages .. AND still no building much true middle class affordable housing .. g
i would stay away ... if anything , Apple will just swallow GTAT and it won't add much
to Apples bottom line , so unless you are willing to own Apple , i would steer clear ..
I'm watching BIND for a possible small cap spec play ... g
HYPE ?? you have been blasting BMY ever since i got in at 19.5 and it's been nothing
but UP and steady divs ..... please explain your poor guidance
i don't short anything , but may have to reconsider that one ..
and yes , once i saw the top for gold , i called for it go
under 1000 and probably to 700 , usually those things oversell ..
i will be buying the metal to prepare for the next run up ...
i do like to use wave theory for gold , it seems to be on the
mark ... g