Thursday, November 20, 2008

90%, 84.5%, 81.6%, and 72.8% Gains... 8 Stocks For Your Shorting Pleasure - Revisited

On March 26, 2008, I posted the following:
"Looking for a few stocks to go short as the bear market continues to run its course? check out these below, as of the morning of Wednesday, March 26th

Wednesday, November 19, 2008

Never Try To Catch A "Falling Knife"

As many investors (Warren Buffet included) have been attempting to pick a bottom in this bear market over the last few months they are learning that this is a poor risk/reward proposition.

Mainstream and traditional investors have a great fear of missing a bottom in the stock market.  This (among other things) creates bear market rallies that smart traders and investors use to get short on the dominant bear trend. In my view, an investor or trader should exploit the actions of traditional investors, who usually wind up as victims of our inherently flawed economic/political system.

Its good to have a healthy dose of contrarianism in the mental framework that guides your decisionmaking, but it must be done in the right context....  Thus, I offer some advice

Monday, November 10, 2008

Obama’s Many Promises

Here they are - Obama's biggest promises from his "blueprint for change" campaign speeches and advertisements.... I wonder how many he will keep?  Actually, we would be better off if he made no promises and did less.  That would mean less damage to the economy.  How I miss the days of political gridlock back in the 1990's, it was great for financial markets....

A Checklist Of Obama’s Many Promises:

Give a tax break to 95% of Americans.
Restore Clinton-era tax rates on top income earners. “If you make under $250,000, you will not see your taxes increase by a single dime. Not your income taxes, not your payroll taxes, not your capital gains taxes. Nothing.”
Dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes.
Give American businesses a $3,000 tax credit for every job they create in the U.S.
Eliminate capital gains taxes for small business and startup companies.
Eliminate income taxes for