Sunday, May 20, 2012
Do it yourself virus removal
Save money, do it yourself virus removal, no software to buy. www.doityourselfvirusremoval.com
Sunday, October 31, 2010
Friday, October 8, 2010
America's Economy - It is your fault!
That is exactly the state of mind of all Americans .... wanting to blame everyone but ourselves, Our economic woes are solely the fault of Americans , not democrats .... not republicans...., Americans. We are all American before we are democrat or republican. When the housing boom was taking place Democrats made money, Republicans made money, AMERICANS made money ... and everyone was happy. Now that shit has hit the fan, somehow American #1 that made money is to blame but American #2 that also made money is not to blame.
A person must be truly ignorant, to think that their political party provides them a protective veil from liability to this problem or that it allows them to start pointing the finger of blame at a fellow American.
Basically what it all boils down to .... is that people are full of crap. This is an American economy created by Americans for Americans. This is an American problem.
A word to my fellow Americans: Grow up, focus on fixing the problem, not pointing the finger of blame!
A person must be truly ignorant, to think that their political party provides them a protective veil from liability to this problem or that it allows them to start pointing the finger of blame at a fellow American.
Basically what it all boils down to .... is that people are full of crap. This is an American economy created by Americans for Americans. This is an American problem.
A word to my fellow Americans: Grow up, focus on fixing the problem, not pointing the finger of blame!
Monday, October 4, 2010
Delaying the housing recovery
http://finance.yahoo.com/news/Bank-of-America-delays-apf-4073054242.html?x=0&sec=topStories&pos=5&asset=&ccode=
"in response to the above referenced article"
Here's to screwing the pooch. Let's drag out the american housing recovery another decade. What bullshit, somehow the banks manage to have all their paperwork in order when it comes to manipulating a customers checking account transactions to maximize overdraft fees on millions of customers everyday, yet somehow they don't have their ducks in a row when it comes ensuring the foreclosure process is being handled correctly.
I personally don't advocate walking away from financial responsibilities, but enough is enough already. Why should john doe homeowner want to talk the bank about defaulting on his/her mortgage or his/her financial situation whatsoever .... seems like that only creates an opportunity for more problems to appear. Homeowner's strategic default is a legitimate option, sorry but i believe in it now. Even if you're someone that knowingly took out a loan you couldn't afford, i say go for it.
What's good for the goose is good for the gander. If banks don't exercise ethics and morals in their business transactions, then the consumer isn't required to exercise ethics or morals or either. It's an eye for an eye.
And hell why not default? As it stands now, your tax dollars over the next 30 if not more years is going to pay the bail outs ... so in essence if you don't default, you the consumer wind up paying double for your home. You pay once when you continue to pay on your home loan, plus now you're paying off the great American bail out (the banks debt and the debts incurred from damage to the economy) too. Here's to paying for your HOME TWICE. You can't get out of taxes, but you can get out of paying your home loan. (hint)
Plus Bank of America wouldn't pay off your debt, why should you pay off Bank of America's debt? Sound's asonine to me. I say pay your taxes, and get America back on track, and take a xerox of your middle finger and fax that to your bank with your mortgage coupon.
If the Banks get a golden parachute, then the American consumer should too. Perhaps the gov't should have just bought up all the bad mortgages and worked out payment plans with consumers, the banks would've gotten their money, the consumer would feel some relief. And then Americans wouldn't be paying twice for their homes! Plus the gov't might make some interest in the process too. We still have that war, you know the one about those weapons of mass destruction that were never found, that we need to pay for.
And let's face it these federal loan programs to help Americans save their homes have performed miserably. They are crap. Hell i wouldn't be surprised if the banks haven't found ways to manipulate these programs to work in the banks favor.
You know on Friday I left a customers office and on the way home decided to stop at Bank of America on the way home and cash the check he gave me for a $25 trip fee(it was a Bank of America Check). You know Bank of America wanted to charge me a $5 fee to cash at $25 check, friggin outrageous if you convert that into a percentage that is a damn 20% FEE. Isn't that loan sharking?
Oh i'm so pissed.
I saw a sign in front of realty companies office yesterday that says "If you want change, re-elect no one." Interpret that statement how you want. Just some food for thought.
"in response to the above referenced article"
Here's to screwing the pooch. Let's drag out the american housing recovery another decade. What bullshit, somehow the banks manage to have all their paperwork in order when it comes to manipulating a customers checking account transactions to maximize overdraft fees on millions of customers everyday, yet somehow they don't have their ducks in a row when it comes ensuring the foreclosure process is being handled correctly.
I personally don't advocate walking away from financial responsibilities, but enough is enough already. Why should john doe homeowner want to talk the bank about defaulting on his/her mortgage or his/her financial situation whatsoever .... seems like that only creates an opportunity for more problems to appear. Homeowner's strategic default is a legitimate option, sorry but i believe in it now. Even if you're someone that knowingly took out a loan you couldn't afford, i say go for it.
What's good for the goose is good for the gander. If banks don't exercise ethics and morals in their business transactions, then the consumer isn't required to exercise ethics or morals or either. It's an eye for an eye.
And hell why not default? As it stands now, your tax dollars over the next 30 if not more years is going to pay the bail outs ... so in essence if you don't default, you the consumer wind up paying double for your home. You pay once when you continue to pay on your home loan, plus now you're paying off the great American bail out (the banks debt and the debts incurred from damage to the economy) too. Here's to paying for your HOME TWICE. You can't get out of taxes, but you can get out of paying your home loan. (hint)
Plus Bank of America wouldn't pay off your debt, why should you pay off Bank of America's debt? Sound's asonine to me. I say pay your taxes, and get America back on track, and take a xerox of your middle finger and fax that to your bank with your mortgage coupon.
If the Banks get a golden parachute, then the American consumer should too. Perhaps the gov't should have just bought up all the bad mortgages and worked out payment plans with consumers, the banks would've gotten their money, the consumer would feel some relief. And then Americans wouldn't be paying twice for their homes! Plus the gov't might make some interest in the process too. We still have that war, you know the one about those weapons of mass destruction that were never found, that we need to pay for.
And let's face it these federal loan programs to help Americans save their homes have performed miserably. They are crap. Hell i wouldn't be surprised if the banks haven't found ways to manipulate these programs to work in the banks favor.
You know on Friday I left a customers office and on the way home decided to stop at Bank of America on the way home and cash the check he gave me for a $25 trip fee(it was a Bank of America Check). You know Bank of America wanted to charge me a $5 fee to cash at $25 check, friggin outrageous if you convert that into a percentage that is a damn 20% FEE. Isn't that loan sharking?
Oh i'm so pissed.
I saw a sign in front of realty companies office yesterday that says "If you want change, re-elect no one." Interpret that statement how you want. Just some food for thought.
Sunday, September 19, 2010
Rising Wedge on DJIA and S&P 500, usually a bearish signal.
We have rising wedges on the S&P 500 and the DJIA. Typically this is a bearish indicator. The DJIA is nearing a long term resistance level of 10700. The S&P 500 is nearing a short term resistance level of 1130 and a long term resistance of 1140. The Chaikin Money Flow Indicator on the DJIA has turned down and is looking extremely weak on long and short term basis. Which can also be viewed as a bearish indicator. It is also an indicator of the erosion of dollars being invested in the stock market. Also not a good singal going forward, as this may represent a significant decline in investor confidence. Without new dollars coming into the market, buying capacity is greatly diminished, making any moves up in the market weaker and weaker. Now appears to be a great time to begin unloading any long positions you may have, upside appears to be limited here. I would start checking over your watchlists for possible shorts.
Here is a link to Explanation of Rising Wedge Chart Patterns.
Here is a chart of the DJIA with the Chaikin Money Flow indicator.
Here is a link to Explanation of Rising Wedge Chart Patterns.
Here is a chart of the DJIA with the Chaikin Money Flow indicator.
Friday, September 10, 2010
Solar stocks ... one trick ponies or long term cash cows?
I'm not a big fan of solar as a green energy, I'm not a big fan of how reliant solar companies are on gov't subsidies. How long will that subsidy sugar high last? Even with subsidies, some solar companies have less than stellar quarterly reports. Now picture these same quarterly reports, less the monies derived from subsidies. It's not a pretty picture.
Costs of solar just aren't coming down fast enough, and R & D is getting more expensive, as they are continually coming up with better technologies to harness the suns energy.
What are these companies going to do when the sugar high runs out?
Will solar prices have dropped enough by then, to be affordable for coporate and home consumers without the aide of incentives or rebates?
Ride the wave, trade the solar sector while it's hot and dump it before it cools off, don't stay in the sector long term, FSLR stock performance should be all the evidence you need for a great reason to only trade solar stocks with current market conditions. FSLR 1 year chart below click to enlarge.
Costs of solar just aren't coming down fast enough, and R & D is getting more expensive, as they are continually coming up with better technologies to harness the suns energy.
What are these companies going to do when the sugar high runs out?
Will solar prices have dropped enough by then, to be affordable for coporate and home consumers without the aide of incentives or rebates?
Ride the wave, trade the solar sector while it's hot and dump it before it cools off, don't stay in the sector long term, FSLR stock performance should be all the evidence you need for a great reason to only trade solar stocks with current market conditions. FSLR 1 year chart below click to enlarge.
Thursday, September 9, 2010
FUQI Down for the count??
I still think the future looks bleak here, On june 30 the company annouced that they were unable to produce the filings and gave no guidance on when they could be produced. Second how do you know you're not over paying for FUQI if you buy it now? There are no filings, besides incorrect ones to guage FUQI value.
Even in the great GDP machine called China, there will be companies that will fail ... piss poor management ... nuff said.
What leads you to believe that when and if FUQI does produce the filings that they will be any reasonable measure of FUQI future potential market value?
Has anyone quantified the liabilities facing the company from shareholder lawsuits? FUQI earnings could be potentially ruined for years.
FUQI is the worst house, on the best block in the neighborhood (China), except FUQI was built on a sinkhole and the rising property values in FUQI's neighborhood will not be enough to pull it out of the ground.
Other than as a trade, this is one case where the juice may not be worth the squeeze.
With over 5 million shares traded today (10x avg daily volume), this could signal capitulation in the stock price, and it could be due for a short term bounce. 9 month chart below. Click to Enlarge.
Even in the great GDP machine called China, there will be companies that will fail ... piss poor management ... nuff said.
What leads you to believe that when and if FUQI does produce the filings that they will be any reasonable measure of FUQI future potential market value?
Has anyone quantified the liabilities facing the company from shareholder lawsuits? FUQI earnings could be potentially ruined for years.
FUQI is the worst house, on the best block in the neighborhood (China), except FUQI was built on a sinkhole and the rising property values in FUQI's neighborhood will not be enough to pull it out of the ground.
Other than as a trade, this is one case where the juice may not be worth the squeeze.
With over 5 million shares traded today (10x avg daily volume), this could signal capitulation in the stock price, and it could be due for a short term bounce. 9 month chart below. Click to Enlarge.
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