The Stock Room page 27

(Continued from page 26)

“Only the good die young.”

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apppro’s take for 10/05/2011 @12:30 pm EST:

HFT traders/traitors and CNBC KEYWORDS!

             Even this morning during a Morgan Stanley bashing session on rumors and innuendoes, CNBS acknowledged that the HFT traders had now programed in algorithms to react to news stories coming from Europe. (I will post the video if it becomes available.)

             I’ll go one step further >>>> HFT traders/traitors have already programed SkyNet with algorithms that respond to CNBS keywords. i.e. Greece or default or Euro. They probably have their MIT geeks changing that program keyword on a daily basis, or the hour, or even the minute to accommodate the flavor of the day.

             How do we even know whether certain people on the CNBS writing staff aren’t in cahoots with these traders/traitors; and that the HFT machines are given heads up on what the short keyword of the minute will be?

             Why hasn’t the SEC pulled the plug on this and on CNBS in total? I’m sure plenty of you out there are saying, “No way is this happening!” Well, if an idiot like me can come up with this, one can only imagine the schemes those MIT trader/traitor geeks can envision!

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apppro’s take for 10/05/2011 @07:00 am EST:

My One and ONLY comment on the Wall St. Occupiers Outrage

 Unions endorse, will join Occupy Wall Street protests - CNN.com

         UNIONS? Now I know this is an administration endorsed and organized outrage! I love my Country and want things to get better - not to be destroyed and made into some socialistic, union run catastrophe. How's that Greece situation working out for all of you?

             Talk about creating an atmosphere of mistrust, nonpartisanship, social unrest, and even destructive hatred! Just a national disgrace!

“4 Dead in Ohio”

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apppro’s take for 10/04/2011 @04:00 pm EST:

The Good, the Bad, and the Truly Ugly!

The Good,

Description: http://thumbnails.cnbc.com/VCPS/Y2011/M10D04/3000049361/3ED2-PL-SmallBanksWeigh_sm.jpg “I haven’t seen Walmart on a checkout receipt saying this is your 1.5% back, or I haven’t seen Home Depot saying we’ve reduced every price by 1.5%.”

 

The Bad,

Description: http://thumbnails.cnbc.com/VCPS/Y2011/M10D03/3000048971/2ED2-MM-Fblock-1003_sm.jpg No video this time—just on principle.

and the Truly Ugly!

"Bank Of America Customers Get The Heck Out Of That Bank!" Senator Dick Durbin

For a Senator to get on the Senate floor and tell people to create a run on a public bank, only because it was his stupid amendment that caused it… well, that is truly ugly and a National disgrace!

             BUT WAIT… then we get:

the Reasonable &  the Sensible!

 How to Fix the US Economy 

Pay extra close attention to the very end and the comment on mark-to-market. I told you so!

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apppro’s take for 10/04/2011 @09:00 am EST:

‘Robo-Schmobo’ - Why are we killing ourselves over SOP’s?

             As I have said over and over again, ‘Robo-Schmobo’ was just standard operating procedures SOP’s in the foreclosure process and had been an ACCEPTED practice for well over a decade!

Robo-signed mortgage docs date back to late 1990s - Yahoo! Finance

             Over the past 2 years we have destroyed our banking system and our economy over some misguided effort to get the banks to pay extortion monies in order to bail out delinquent homeowners. We have taken Mistress Elizabeth’s desire to bring us all to our knees far too literally. (I still wonder what she is saying is so tiny!) Now they are even saying one of the main causes of all of this – Fannie & Freddie KNEW all about and sanctioned ‘Robo-Schmobo’ as far back as 2003.

Fannie Mae Cited For Not Stopping Robo-Signing

             What the heck are we doing here? Why are destroying our financial system over SOP’s that EVERYONE HAD ACCEPTED, TOLERATED, AND EVEN CONDONED FOR DECADES???? Maybe the practice was flawed, but it was the STANDARDIZED PRACTICE and we really cannot condemn people for using procedures that had been ‘grandfathered in' years earlier. Want to change it for the future—GREAT—but stop destroying everything over what had occurred in the accepted past.

             One last thing that I am still somewhat confused over. How can we say ‘Robo-Schmobo’ drove someone into foreclosure, when it is the obvious fact that the delinquent person would not have even been robo’ed if they had not already been in foreclosure? How could have this process caused someone damage, when the damage had already been done? Chicken or the egg?

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apppro’s take for 10/04/2011 @07:30 am EST:

“IT’S THE MENTALITY STUPID!” October 2011

Description: http://thumbnails.cnbc.com/VCPS/Y2011/M10D03/3000049118/2ED1-CB-SethWaugh_sm.jpg “The 1st generation in a long time that won’t be at war on their own soil…” “…but I think that the most confusing part for everybody is we’ve gotten used to sort of immediate gratification. This is 17 countries trying to come together to try to change things, so the immediacy around the U.S. investor base which wants it corrected YESTERDAY, versus the process that’s going to take a long time.”

Full Interview: Deutsche Bank Americas CEO on EU Crisis

             If we don’t stop all this market insanity and social condemnation we will be the 3rd generation to have a 3rd World War in less than 100 years!

             There are a couple of EASY solutions to all of this. We must stop this SHORT-term mentality and promote LONG-term investment. Again, the easiest way is to get these traders/traitors where it hurts – their wallets! ‘Don’t lose it! Use it!’

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.

*Anyone whose main source of ‘income’ (retired persons excluded) that comes directly from capital gains, should be taxed at never less than the 1>2 year 35% rate—no matter what the cg term length.

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apppro’s take for 10/03/2011 @08:00 pm EST:

What the… !!!!!!!!!!!!!

Initial Jobless Claims Plunge Below 400,000 TheStreet.com - Sep 29 05:45am

 

October 03, 2011 10:00 AM Eastern Daylight Time

ISM - ISM Reports on Business

TEMPE, Ariz.--(BUSINESS WIRE)--Economic activity in the manufacturing sector expanded in September for the 26th consecutive month, and the overall economy grew for the 28th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business®.

 

2 recent reports that sound really good you would think, but then we get:

             We’re killing ourselves here! NO… we’re enabling a few to kill us all!

STOP THE INSANITY NOW!

The 5 Golden Rules

And in the 2012 elections vote for:

NONE OF THE ABOVE

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apppro’s take for 10/03/2011 @08:00 am EST:

“Talk About Hypocrites!”

             I just watched an NBC ‘Today Show’ segment on that Anderson Cooper skateboard debacle.

(Continued on page 28)

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