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The Stock Room page 35 |
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(Continued from page 34) after being up 1st 250 then down 200 then ending up 450. Is this any way to run a business? "Here's another nice mess you've gotten me into." There’s no question that we need some intervention here and send SkyNet to rehab! There is always the better alternative to just get SkyNet's enablers and: STOP THE INSANITY NOW! “War on Gold” What really needs to be discussed is what the Fed did today. Instead of saying mostly nothing, they decided to say everything sucks and we’re letting people buy more ‘useless gold’ ETF’s with almost 0% interest through 2013. Idiots! I’ve said… other people have said… “As long as people keep putting the excess money into gold, it is not going to do any good for the economy!” And now we have one person calling for an outright war on gold. What the Fed really did was to give a green light for people to buy European bonds and borrow cheap money to invest in… ????? Now that’s the rub… invest in what? If it’s companies and jobs then GREAT, but if it ends up back into more ‘useless gold’ then well… we’re screwed! Hence we need that ‘War on Gold’! _______________________________________ apppro’s take for 08/09/2011 @08:00 am EST: The Blame Game Roundabout You want to blame housing? I can’t argue with it anymore! You want to blame Europe? I can’t argue with it anymore! You want to blame the Tea Party? I can’t argue with it anymore! You want to blame Obama? I can’t argue with it anymore! You want to blame the groundhog? I can’t argue with it anymore! You all seem to want to blame everything, but what has been proven to be true over the past 15 days! “ITS’ THE MENTALITY STUPID!” and until we address this short-term trader/traitor mentality we will not have prosperity! We are forcing upon ourselves unreasonable immediate solutions to actions that took decades to entrench; all the while a few manipulate our fears for their own greed and narcissism. STOP THE INSANITY NOW! _______________________________________ apppro’s take for 08/08/2011 @05:00 pm EST: Teetering on the Edge?
Maybe we are… down 15% in ten days, sure sounds like it to me, but we don’t have to let it be this way. Look, if a supposedly emotionally bankrupt nation like Greece can see the light – then why the hell can’t we do something to stop the insanity? Greece bans shortselling as stocks tank - Yahoo! Finance We’ve lost 1200 Dow points in 3 days… does anyone think that this won’t hurt the rest of us, too? What we are not considering is that any (last one was in 1869) selloff of this magnitude in this brief of time and NOT in the time of world war, proves that there are very nefarious forces at work. Here’s a thought: Have any of you even heard the following name whispered over the past 2 weeks > Rupert Murdoch? We’re allowing a few to flush it all down that 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. 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, accountability, & 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 08/08/2011 @07:00 am EST: Just to prove that this has nothing to do with reality and everything to do with traders/traitors short-term mentality coupled with the greed of a few scum like this…
Sun. Aug. 7 2011 | 7:50 PM[02:22] Jim Rogers, CEO & Chairman of Rogers Holdings says he has been shorting emerging market, technology and large cap banking stocks. (I want everyone to know that this scum sold all his U.S. personal holdings – moved to China – and has been doing nothing but trying to bring down OUR economy ever since! Jim Rogers Sells New York Townhouse for $16 Million (Update4) - Bloomberg This is whom we are listening to?) ...well this morning gold is up over $50 – that figures, BUT Treasury’s which the S&P basically downgraded and should have tanked are UP! YES, YOU HEARD ME RIGHT – UP! Why? They should have been DOWN, but that’s because certain people want stocks to go down (Jim Rogers), while there are a small few (Pimco) that want Treasury’s to go up. Follow the money! “It’s The Mentality Stupid!” Everyone better know that the only people that will get screwed over by this (AGAIN) is the rest of us on Main St. You may say, “good” to these firings below (a short sighted and narrow view), but this will only be the beginning for the rest of us. Global Banks Poised to Slash 101,000 Jobs in Fastest Reductions Since 2008 - Bloomberg
Shades of 2008: World Markets on Edge Ahead of Monday’s U.S. Open | Daily Ticker - Yahoo! Finance
_______________________________________ apppro’s take for 08/07/2011 @07:00 pm EST:
ECB says will "actively implement" bond-buying - Yahoo! News Ok… fine… the ECB isn’t reading my blog and they’re not using my ideas as a basis for their actions, but a person can dream can’t I? In any event, it sure sounds like a solution instead of kissing a bunch of greedy bond vigilantes and other just general assholes. Now tomorrow we all face a very weird day because of that S&P downgrade. From the news tonight it appears that the very reason S&P downgraded us – political stupidity in Washington – has gotten even worse. What is wrong with those morons down there? I call on everyone to see the light and stop the stupidity! I call on I call on the Fed to sell some ‘bloated Treasury’s’ that they’ve been buying – NO MORE QE’s – and use that money to pay for those State projects. I call on the Treasury to sell some ‘useless gold’ to further support job creation and confidence. I also call on the Treasury to have other Nations sell their ‘useless gold’ and put their people to work in their countries. ENOUGH with this ‘useless gold’ hoarding already! I call on the SEC to implement the Golden Rules ASAP! I call on Congress to figure out some way to tax gambling, but reward LONG-term investment. ‘STOP THE INSANITY NOW’ might be a good starting point. I call on the out of control media to TONE DOWN THE RHETORIC! Lastly, I call on People, there can be a future for all of us, but we need to stop the blame game and accept personal responsibility. _______________________________________ apppro’s take for 08/06/2011 @04:30 pm EST: “Samwise & Fixing Europe”
“How can we go back to the way things were when so much bad is happening?”
Truer words have ever been spoken, but we just don’t seem to want it to happen. Do we? Now back from Middle Earth and the evil that still exists here.
Anyone catch the below interview on CNBS Friday morning? What nerve of this guy! Following him to any mountain is truly an exercise in the search for Armageddon. Mohamed comes on and preaches to those CNBS idiots on how Europe can be fixed, and what they need to do in order to get their bond and financial markets back on track. Again… WHAT A HYPOCRITICAL ASS! How can he talk about SAFELY DELEVERING ANYTHING in Europe when he was the MAIN culprit who: · Shorted Greek bonds into the toilet 2 years ago to start this mess. · Then forced Greece and Ireland and Portugal almost to the brink of bankruptcy. · Then coerced European nations to pay extortion in the form of 20% interest rates on their bonds. · Etc. · Etc. Also, as you may have noticed… Mohamed really offers no real solutions. At least in my own naïve way, my idea of the IMF backstopping at 2% ALL European bonds is a suggestion. All Mohamed can offer are ridiculous platitudes and moronic analogies. Besides, what business is it of ours anyway to tell the Europeans on how to live their lives? We’re doing such a great job over here? No wonder they think we’re locusts! However, what really makes me vomit is why everyone seems to treat this scum like royalty! (Continued on page 36) |
