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The Stock Room page 49 |
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(Continued from page 48) How did that Iranian twit revolution work out for you so far? _______________________________________
apppro’s take for 02/25/2011 @ 05:00 pm EST:
The New Cyber-Bully
There is something wrong when so many seem intent on not giving a hoot about the greater good, but are only interested in their own self-interest & worth! How can we all just be idly sitting back watching those tweets by twits and say or do nothing? How can any reasonable person think that having unlimited ability and access to anyone or everyone to say or promote anything or everything with NO confirmation or discussion, is a good thing? Where and how does this end? Revolution? Financial destruction? Annihilation? Have any of you seen this on Yahoo?
Tweet after tweet on EVERY stock in the financial universe, and this is just one website out of tens of thousands! What are the intentions? What is the basis for the comments? Who cares… just push a button and sell or buy! I think the name of the top tweeter says it all: “StockTwits”! Couple this with some in the media’s love affair with insanity and volatility, and we have a recipe for disaster! Great Week for Traders, But There's Been Damage It really doesn’t matter what your view or opinion may be about a specific issue or even an overall philosophy, as long as we all keep viewing things on a minute to minute basis… well, nothing will get better. I am sure that every one of you out there knows the effects of cyber-bullying. Every one of us knows 1 or more horrid cases of a college student jumping off a bridge or a teenager hanging herself in her basement, all because of some malicious and often libelous cyber-attacks. The cloud is NOT at all as tranquil as the pictures may first appear! All kidding aside, but maybe Hosni Mubarak should bring a civil suit against that Google exec tweeter who started the demonstrations, but I’m not sure if cyber-bullying is illegal in Egypt. If it happened here, we all would be screaming for blood! Read the Constitution! Nowhere in there do our Founding Fathers give their blessings to unlimited tweeting or exposing oneself on Facebook! Never has cyber-bullying or being a Facebook child molester or even a tweeting revolutionary been a Constitutional Right! “It’s the Mentality Stupid”, and this short-term narcissistic view of the world that most now seem to be enthralled with, will only force a less welcomed outcome for us all! _______________________________________ apppro’s take for 02/23/2011 @ 03:00 pm EST: déjà vu All Over Again!
Does anyone remember the 2008—$145 price of oil? We all know how that tuned out – all just BS! Now, the same group of short-term traders/traitors are doing it all over again, but this time they are using shortage claims because of Libya. AGAIN – BS! This is nothing but speculators and traders/traitors screwing around with the rest of us, so that they can make their short-term profits. Even Cramer (not my fav) called it today – about time, too!
Also, please click on the Seeking Alpha links to the left and read over my comments there. STOP THE INSANITY NOW! Revised Tax Rules: 1. Capital gains 5+ years - 5% tax on capital gains 2. Capital gains 2 > 5 years - 15% tax on capital gain 3. Capital gains 1 > 2 years - 35% tax on capital gains 4. Capital gains 6 > 12 months - 45% tax on capital gains 5. Capital gains under <6 months - 55% tax on capital gains 6. Most critical of all — Institute a capital gains tax of 65% on ALL short sales not directly tied to a long buy by a regulated hedge fund.
The 5 Golden Rules 1. Immediately, reinstate the Up-Tick Rule. 2. Crack down on naked short selling. Require stock certificate #'s when a short sale needs to be covered, including ETF’s. 3. Institute some rules on how the media ’reports’ news in order to prevent rumor-boarding. Not censorship… just sensibility & responsibility. 4. Pass a Wind-Fall Capital Gains Tax of 65% on ALL short sales not directly tied to a long buy by a regulated hedge fund! 5. Have ALL ETF’s trade on a 20-minute delayed basis. Get these instruments of mass destruction back to what they were supposed to do: mimic mutual funds. _______________________________________ apppro’s take for 02/22/2011 @ 05:00 pm EST: Everyone needs to take a long hard look at this chart.
Housing Bubble Graphs: Charts of inflation-adjusted, historical home prices. Today the nega-pundits came out with the famous Case-Shiller Index. Case-Shiller index shows big dip in housing prices - CSMonitor.com Again they inflame the angst with “big dip” in price talk. Hey guys look at the above chart and maybe you might see that if you take out the 2003 bubble, even with last month’s drop in housing we’re STILL NOT BACK TO AN HISTORICAL NORM; so how the heck can we double-dip when we haven’t even dipped to the norm in the 1st place? Cable channels like CNBS want you to think how bad things are, so they can justify a 200 point sell off. They blame it on Gadhafi, but they keep throwing in everyone’s face that it’s really our economy and housing has and will always be at the root of our collective misery. That’s how they sell advertising! When you take into account a chart like above, you can plainly see that if all things had been equal and if we base things on what a normal house should cost – well we’re still above where we should be. Take out the 4 years of insanity when the speculators and flippers drove prices way up and the 3 years when the short-sellers torn them way down… well things are just about right! Does anyone ever say that in the media? Lastly, just 3 quick comments on Libya, oil, and State budgets. For over 4 decades we have tried and wished to get Gadhafi out! Now that he seems to be on his way, we are pushing oil into the stratosphere only because he’s not leaving fast enough. What a hypocritical joke! There is NO oil shortage and ANY increase in prices is from speculators and traders/traitors! And, on the State crisis in places like Wisconsin and Ohio I resurrect an old pet peeve of mine, “TOO UNION TO FAIL”! _______________________________________ narrator’s take for 02/19/2011 @ 05:00 pm EST: narrator’s website: SiriusNews.com
Subject: May 4th - May 6th, 2011 there will be a gathering of people from all over the World at the Goldman Sachs building in New York City. Come join us. May 4th - 6th, 2011 is a United States gathering for all people you and old who were wronged by Goldman Sachs and Wall Street.
http://gallery.me.com/angelheartvideos#100277
Please watch this 4 minute video about a gathering that will take place here in the United States on May 4th - 6th, 2011 at the Goldman Sachs building in New York City. The TRUTH and Justice will finally be told and served.
apppro quick response: Tweet That! _______________________________________ apppro’s take for 02/14/2011 @ 07:00 pm EST: Great Minds Do Think Alike!
EVERYONE should listen to this interview on CNBS with Jerry Bowyer (with beard) from Forbes.
It would also be great if these same reporters that really do realize just how bad these ‘tweets by twits’ (TBT’s) can be for the world’s political environment, would NOW spend just a few moments to report on how totally devastating TBT’s can be for our financial markets. Please see some of my many calls for this to stop! _______________________________________ apppro’s take for 02/13/2011 @ 09:00 am EST: “Tweeting Our Way to WW III” When that twit I see 2 main political parties emerging. One will be comprised of a few youthful, inexperienced techies that think that freedom & democracy can come easily. They may truly believe that the world is built upon good intentions and individual freedoms. And I have bridge…! The 2nd, will be a resurgence of the Arab League backed by unlimited Iranian funds and unlimited radical sympathizers. Who do you think will win? The process has already started. Moussa says he plans to quit Arab League post
After Israel we’re next! With Iran’s backing, we may be FIRST! And all we can do is talk about Justin Bieber, Lindsay Lohan, and how tweeting can create a social network empire. Our ‘YouTube Nation’… WHAT A DISGRACE! Tweet That! _______________________________________ apppro’s take for 02/11/2011 @ 03:00 pm EST: “Hamas Calls With Their Congratulations!” I am very happy for the Egyptian people if this episode does truly end with their realized freedom and prosperity. No sane person wants anyone, anywhere to suffer under tyranny and oppression. However, substituting one despot with a more radical and abusive régime has got to be far less desirable. I pray this will not be the case in Egypt now that a few ‘twits that tweet’ prompted a few radicals to throw their President out and did not leave a stable government in its wake! Again, a short-term mentality overtakes reason and sensibility and logic! There is now celebration in the streets of Cairo, BUT AGAIN we have not seen the end because there are still outside forces pushing for another outcome. Here again we have a new breed of radicals in the guise of reporters promoting a radical agenda that has been disguised as “freedom of speech” and a “search for democracy”. This one reporter probably is at the front of this. I almost fell off my chair when I heard him say today, and with a large grin of satisfaction, that “HAMAS had called to give their congratulations!” This is what they strived for… to get the endorsement & blessings of a radical terrorist organization? (Continued on page 50) |
