Saturday, August 05, 2006

 

goldielocks got a bit rusty-lol

cnbc & wallstreet almost got the 'goldielocks' theme to work,, but thus far just couldnt do it. we do have a bit of positive notes tho.. thanks to bush handing companies the tax bill our deficit estimated is the lowest in 4 years. -i think im the only $usd bull,, geez,, the whole freaking world bashes us,, yet we are the first ones they run to for aid/help- heck,, from what i see on the net and liberal media,, america has turned muslim/terrorist---yikes. (prolly why HEPH popped up so well the other day,, who cares about e's or birdflu,, that nuke stuff is scary. footnote about the $usd,, if lame shorts to the $usd just start figuring it out that buffett covered part of his lame bet to collapse america,, it could actually create a $usd momo,, to $102+/-,,=gold+oil -->tank (oil $40+/-soon anyway) and you get a 'demand of cash' margin calls,, j6p is wishing he had more cash now,, companies will soon enough,, banks,, well thats called a 'run on banks'---and you dont want to be holding them in your portfolio if that were to happen. (penn square bank)- remember,, dont drink and drive and limit the amount of koolaide you drink this week.

finally the press gives extremely small footnoteing to "Berkshire might have posted a higher gain had it not reduced the currency bet". -Reuters,, this is actually about 2-3 months old, but the press loves warren buffett so much they gloss over the rest of his e's. (street loves him for being so old he looks smart, dont turn over in your grave granny-you did damn good with your daddy's wise mind of buying all the at&t and other holdings he could--,,, a couple of family members raided that kitty in granny's end years 70-80's) dear granny, at least we can all say you were clean as a whistle!-100% pure american.

im not sure how long the goldielocks theme can go on,, maybe a day or maybe until the 14th-meantime i prefer to collect $usd's before my new adopted brothers&sisters from cuba get here (someday) hard working folks -you try to swim the distance,, most americans are too fat to walk around the block. meantime the press will push to you how cheap our stocks are as the insiders dump in rapid succession- (i dont think they think their companies are cheap) some companies are hoping to cook the future books with 'stockbuybacks',, allows the insiders a set price to sell more shares. - jmo,,, but that extra cash is better used on the employees, rainyday savings or if your gonna throw it away on the market,, throw it to the actuall shareholders not some fundie who wants out of your stock. (tip: mini-reverse splits are far cheaper,,, just a paperwork issue and a few hundred $'s.)- heck go private, the best ran companies are private.

anyone catch 20/20 friday,, it was about an american clotheing company with AMERICAN/LEGAL IMMIGRANT labor getting paid $12 plus perks. and the clothes were very 'in style' /modern. and they say we cant do it amerICANs can do it,, and we can change the way things are done,, just ask the french how their wHine sales are here in the states.-forget home depot, lowes,, go find the little family owned hardware store in your area- you might be surprised that he is cheaper.- no funny money stuff there,, at least you know you are helping out those IN your community.

wallstreet sure has promised everything with GM+F for over a month,, boy,, they better never see these low levels again or i smell some lawsuits on the pump&dump/hype. good news tho!- somehow all the stock options the insiders are still selling are perfectly fitting in with the charts even during the huge decline........ naw,, SEC wont look into that,, they are busy chasing people who put up stockpick websites lol.

BOT had a few glitches friday,,,(read: floor traders got to milk the cashcow for a few minutes) we need a computerized system to help with fair fills,,,, someone should study some interesting set up we get.. the good old boy system of bait&tank. heck, even buffy's spec admits that buffy tells him how to price the stock.

cramer on cnbc friday again said it doesnt mean a thing if he picks a stock today and sells it 2days later- your standard p&d host. i think he has to hold for 5 days before selling after mentioning the stock.. who knows, a pump& dump is still a pump&dump.

anyway,,, we have a lot to look forward to next week,, but the big event of course is the FOMC meeting,, everyone says this is the last one,, we have heard that before,, and so what if it is the last one,, what great things have changed for us? wallstreet keeps telling us to buy banks,, somehow i just canT swallow that,, i firmly believe we have an enron in there somewhere and we just dont know where. until basel II is in place i dont see my investments in most if any AMERICAN banks.

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