September 2008

Here I thought I owned the trademark "Flip It", but it seems that maybe I woke up in a Flipped country lately.  Explain this: I thought the Democrats were supposed to be for the "little guy" whom we're going to tax/borrow from his grandchildren and they were supposed to be against the big corporations/Wall Street crowd that will be the only direct beneficiaries of this bail out package...YET ... read more

I am shocked that our democracy might work after all.  Capitalism and private ownership (in this case of losses) still matter in this country after all. As I wrote last week --  "We probably hit DJIA 10,000 in a heart beat if we don’t pass this bill. We probably spike 500 or 1000 points in the near term if we do pass this bill….and then we’ll eventually see DJIA 9,000 or lower ... read more

1. Bail Out Will Cause A Crash 2. Frank and Frank: Liar and Idiot 3. Winners Fade the Consensus View! 1. We probably hit DJIA 10,000 in a heart beat if we don’t pass this bill. We probably spike 500 or 1000 points in the near term if we do pass this bill….and then we’ll eventually see DJIA 9,000 or lower because central allocation of capital is always politically-driven and not ... read more

Hey you thieving Republicans and Democrats who are trying to "educate" Americans about why you supposedly need to take a trillion dollars out of the private market and give it to the same guys who created this debacle, I have one main question for you, and it cuts straight to the only thing you care about at all -- What the hell are you gonna do in forty days if you redistributing wealth from ... read more

I'm gonna do a special edition of Power Rankings when I'm a guest on David Asman's fantastic America's Nightly Scoreboard (ooh, they should make that the official name!  "Tune into David Asman's Fantastic America's Nightly Scoreboard tonight at 7pm on Fox Business Network...") Anyway, here's my Scoreboard Power Rankings of The Top 5 Biggest Winners from this Wall Street Bail Out ... read more

Laws not working for the guys who took on too much risk and now are losing their shirts? Just change 'em mid-game. The Treasury Secretary and his lover, the head of the Federal Reserve, suddenly get bearish AFTER the market's down 30% and the credit markets have ALREADY stopped working? Throw out all contract laws and bankruptcy laws and anything else that resembles the Constitution and ... read more

Back in October 2002, the Nasdaq was down 75% from its highs just a year a half prior and there were hundreds of tech stocks trading down 90% plus from their highs. See, in the late 1990s, any company with the word "communications" in their business plan could raise billions of dollars in debt and/or equity financing. But after the bubble popped in early 2000, nobody with the word ... read more

in the quest for the test to fulfill an achievement everybody's only in it for themselves when the fact of the matter is they just don't care to extend a helping hand to anyone else so tell me why, did you have to lie and try to make me all confused about the U.S.A. when the fact of the matter is you just don't care to comprehend or understand a single word I say I don't want to ... read more

Long-time reader (from even back in my TheStreet.com days actually) emailed me the following this morning: Number 3 from yesterday's post: 3. I think you’re going to have to be more like Warren Buffett than Peter Lynch in your approach to investing for the foreseeable future – that is, wait until they are truly giving stocks away with the odds stacked in your favor ... read more

1. Send Me Your Money! 2. All Real Estate Is Local? LOL 3. Trade Like Buffett Not Lynch 1. “In a moment of clarity, a vision last night, I was told that if you don’t send me all your money you’re going to lose EVERYTHING. Really, I know exactly what to do with a billion dollars a thousand times over and if you don’t do give it to me right now, you’re all going to die!” ... read more