Search found 121 matches

by StilesBC
Tue Jul 21, 2009 4:06 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15851007

Re: Financial topics

burt, "Free-market capitalism" or "laissez faire" could not have possibly caused these problems. The "crony capitalism" you refer to, by definition, requires government sponsorship of the fraud. A true free market would not have allowed it because nobody acting in their own best interest will expose...
by StilesBC
Wed Jul 15, 2009 12:31 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15851007

Re: Financial topics

CNBC was declaring that "the recession is over" this morning after a report from Merrill Lynch suggested the same. It was like a circus. With flashing lights and excited children jumping all over the place. From an Elliott Wave perspective, this is exactly what we should expect from a "Primary Degre...
by StilesBC
Mon Jul 06, 2009 9:27 am
Forum: International events
Topic: China
Replies: 56
Views: 46429

Re: China

140+ Killed in Xinjiang riots. Uighur muslims clashing with Han Chinese police. Sound familiar?

Ethnic clashes kill 140, hurt 828 in China's west
by StilesBC
Sun Jul 05, 2009 10:28 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15851007

Re: Financial topics

Interesting, but all the talk above about money market funds is essentially no different than a discussion on fractional reserve lending. Stability rests solely on depositor's belief that 'availability' (the buck) is guaranteed - even though it is legally impossible to have the same asset available ...
by StilesBC
Thu Jul 02, 2009 11:57 am
Forum: H1N1 Swine Flu Pandemic
Topic: Swine Flu Pandemic - Preparation
Replies: 122
Views: 110134

Re: Swine Flu Pandemic - Preparation

http://www.abc.net.au/news/stories/2009/07/02/2614325.htm Swine flu panic spreads in Argentina By Richard Reynolds Posted Thu Jul 2, 2009 6:26am AEST People in Argentina are starting to panic about the spread of swine flu, with at least nine more people dying from the virus overnight. Just three we...
by StilesBC
Tue Jun 23, 2009 1:00 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15851007

Re: Financial topics

http://www.foreignpolicy.com/articles/2009/06/18/the_great_backlash_1979?page=0,1 For you all who managed through those times. For me 1981 was the hardest. America must understand the consequences of barren ideologues and back to core values. "As a result of the late 1970s revolt, we live today in ...
by StilesBC
Mon Jun 22, 2009 5:09 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15851007

Re: Financial topics

I should add that the ratios I posted are specific to the Greater Vancouver Area where I'm from. I'm sure that in some of the numbers are getting closer to what's required in the harder hit areas of the US. Eventually, the lower cost of living will begin to attract folks from across the country tryi...
by StilesBC
Mon Jun 22, 2009 3:50 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15851007

Re: Financial topics

Echo boomers, the children of the post-World War Two baby boomer generation, offer a massive source of support for housing, the study said. The generation is entering the peak home buying and renting ages of 25 to 44 and numbers over five million people more than did their parents' record-sized gro...
by StilesBC
Wed Jun 17, 2009 4:32 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15851007

Re: Financial topics

Gordo, Careful with that UNG. It is susceptible to tracking error because of cotango. Futures traders are starting to game these commodity ETFs by screwing around with the front month contract right when they know the ETF will be rolling over their paper. There is a new oil ETF (USL) that tracks the...
by StilesBC
Sun Jun 07, 2009 4:19 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15851007

Re: Financial topics

I have recently moved 50% of my speculative portfolio to shorts. My preferred vehicle is Dec '10 LEAP puts at the 500 strike. 43% in 13 weeks is probably enough to be considered sufficiently convincing in elliott wave terms to be a "wave 2" rally. Sentiment extremes are present as well as negative d...