Gas getting higher.
 

Tim wrote:
On Feb 27, 6:50 pm, wrote:

On Sun, 27 Feb 2011 15:16:48 -0800, wrote:

Corporations are beholden to their stockholders, not the customer.

Any business is a balancing act between customers, stockholders
(owners), and employees. On top of that, throw in the government,
general public, media and financial services just for good measure.

My advice? Become a stockholder. It's very satisfying to be a
stakeholder in a well run business.

Yes it is. very satisfying. i don't have much sprawled out, but what
i have isn't bad.

better than money markets

High yield stocks invested in solid companies are your best bet right now.

Gas getting higher.
 

Harryk wrote:
On 3/1/11 5:19 PM, John H wrote:
On Tue, 01 Mar 2011 15:34:43 -0500, wrote:

On 3/1/2011 1:13 PM, Harryk wrote:


You know the saying..."big boat, small dick..."
Oh wait. You have a big boat. You were saying?

Whoops.

I wonder (but not much) if twin diesels make for a *huge* dick?

And, of course, I am often wondering why Harry and Donnie continue to
talk about
dicks and assholes.

Hmmm?


Actually, Herring, your name itself is a euphemism for "dick and
asshole."

"Did you see what that guy did?"

"Yeah, he's a real Herring."

Sad response. WAFA isn't getting any in the basement apartment.

Gas getting higher.
 

Gas getting higher.
 

On Tue, 01 Mar 2011 20:00:55 -0500, L G wrote:

High yield stocks invested in solid companies are your best bet right now.

Better yet, high yield stocks in solid commodities producing
companies. I call them companies with money in the ground, or
sometimes money in the pipeline.

Gas getting higher.
 

On Tue, 01 Mar 2011 17:19:49 -0500, John H
wrote:

And, of course, I am often wondering why Harry and Donnie continue to talk about
dicks and assholes.

It's all they've got.

Gas getting higher.
 

On Tue, 01 Mar 2011 17:11:43 -0500, wrote:

I had a 12' jon boat as my only one for a few years and my dick barely
fit on it. I had to be careful turning around so as not to capsize. .
:-)

Same problem with my canoe.

Gas getting higher.
 

On Tue, 01 Mar 2011 13:13:14 -0500, Harryk
wrote:

You know the saying..."big boat, small dick..."

Says mister micro putz himself.

There was a guy named Ray Harry Krause who was convicted of flashing
school children in Florida. The prosecutors had a difficult time
with the case because all of the witnesses said they couldn't see
anything even though his raincoat was open.

Gas getting higher.
 

On Mar 1, 9:58*pm, Wayne.B wrote:
On Tue, 01 Mar 2011 17:11:43 -0500, wrote:
I had a 12' jon boat as my only one for a few years and my dick barely
fit on it. I had to be careful turning around so as not to capsize. .
:-)

Same problem with my canoe.

Huh.... maybe there's hope for me yet.

Gas getting higher.
 

In article ,
says...

On Tue, 01 Mar 2011 13:13:14 -0500, Harryk
wrote:

You know the saying..."big boat, small dick..."

Says mister micro putz himself.

There was a guy named Ray Harry Krause who was convicted of flashing
school children in Florida. The prosecutors had a difficult time
with the case because all of the witnesses said they couldn't see
anything even though his raincoat was open.

LOL!

Gas getting higher.
 

On Mar 1, 10:24*pm, wrote:
On Tue, 1 Mar 2011 16:47:37 -0800 (PST), Tim
wrote:

On Mar 1, 12:13 pm, Harryk wrote:
On 3/1/11 1:11 PM, wrote:

You know the saying..."big boat, small dick..."

i do have a 6' row boat. Wow, I'm in luck!

?;^ )

You and your dick must have to take turns riding in the boat.

Well, I've never tired to paddle with it.

Gas getting higher.
 

On Tue, 01 Mar 2011 23:30:49 -0500, wrote:

On Tue, 01 Mar 2011 20:00:55 -0500, L G wrote:

Tim wrote:
On Feb 27, 6:50 pm, wrote:

On Sun, 27 Feb 2011 15:16:48 -0800, wrote:

Corporations are beholden to their stockholders, not the customer.

Any business is a balancing act between customers, stockholders
(owners), and employees. On top of that, throw in the government,
general public, media and financial services just for good measure.

My advice? Become a stockholder. It's very satisfying to be a
stakeholder in a well run business.

Yes it is. very satisfying. i don't have much sprawled out, but what
i have isn't bad.

better than money markets

High yield stocks invested in solid companies are your best bet right now.


My best stock is COBR (Cobra, the RADAR detector company)

My thinking wrong but it worked out anyway. I really thought Obama
would try to reinstate the double nickel. It didn't happen but the
stock went up anyway. My 90 cent stock is tickling $4
My problem is, I didn't buy 20,000 shares.
$900 seemed like a reasonable gamble on a penny stock tho.
There may still be some legs but I have it on a hair trigger. Another
day like today and it might trade.

Take a look at this one:

http://finance.yahoo.com/echarts?s=SLW+Interactive#chart1:symbol=slw;range= 1m;

Gas getting higher.
 

On Tue, 01 Mar 2011 23:23:17 -0500, wrote:

On Tue, 01 Mar 2011 16:32:59 -0800, wrote:

On Tue, 01 Mar 2011 15:56:32 -0500, wrote:



If I was just picking low fruit I would point out Plume is a
facilitator of these evil corporations by litigating patents that
allow them monopoly power in the markets.

Except that your nit picking would be out of date. As I've said, I no
longer work for big companies.

So you just create small monopolies for guys who want to be big
companies?

So, you think we should abandon the patent process. I guess you need
to read up on why we have one.

Why is Avastin 130 bucks a pill when it costs pennies to produce?

Genetech has the patent on it.

Because there's no way to effectively negotiate a lower price.

... because of patent attorneys.

Nope. It's all about lack of ability to negotiate a better price,
e.g., like letting Medicare do it?

Gas getting higher.
 

On 27/02/2011 2:02 PM, Tim wrote:
$3.38 in my local but from $3.05 a week ago.

I wonder if this summer if the "talk" will produce between 4 and 5 per
gallon. Sux for a river cruise, but We're still planning on going
anyhow.

I know this is hard to comprehend, but oil didn't go up. The USD lost
value. It lost value against oil, coal, gold, silver, copper, wheat,
barley, coffee, sugar, cocoa, bananas you name it, the USD is worth less
this week than last week.

A barrel of oil is still a barrel of oil, a ounce of gold is still an
ounce of gold and 20 lbs of flour is still 20 lbs of flour. They have
not changed at all. But the value of the USD has depreciated (inflation).

Why? Simple, the US Fed now creates more debt-inflationary dollars than
Americans consume in sheets of toilet paper.

Worse yet, US Fed is buying US Federal bond debt as no one else in the
world, including American investors, will buy US government debt. Hey,
you would have to be a FOOL to buy a T-Bill at below inflation then pays
taxes.

And you expect a strong dollar?

--
Socialism is a great ideal as long as someone else pays for it. And when
no one is left to pay for it, they all can share nothing.

Gas getting higher.
 

In article , payer3389
@mypacks.net says...

On 3/1/11 1:11 PM, wrote:
On Tue, 01 Mar 2011 08:35:17 -0500, Wayne.B
wrote:

On Tue, 01 Mar 2011 08:12:59 -0500, wrote:

On 3/1/2011 2:09 AM, Wayne.B wrote:
On Mon, 28 Feb 2011 20:39:06 -0800, wrote:

Great... except for the part that the Wall Street price manipulators
play... I guess you don't remember Enron...
I remember it well. I also remember that Wall Street is located in
Manhattan. I worked there for many years and know the location well,
not to mention a few things about the industry. Enron, on the other
hand was headquartered in Houston, Texas - part of the energy
industry, the fraudulent part.

You're wasting your time spoonfeeding her Wayne. Case in point Anchoring.

Probably so but there are other people who also believe their lives
are controlled by some giant conspiracy. It's good to get the facts
out there once in a while.

With regard to anchoring, first you need a boat...

The problem with you is that you're sanctimonious. You have no
interest in actually having a discussion. When someone disagrees with
you, you tell them stop posting off topic. When you agree with
someone, you have no problem playing nice, as evidenced with this last
post.


You know the saying..."big boat, small dick..."

Says something about you Mr alleged 40 foot twin diesels!

Gas getting higher.
 

In article ,
says...

On 3/1/11 8:22 AM, Wayne.B wrote:
On Mon, 28 Feb 2011 23:26:39 -0800, wrote:

On Tue, 01 Mar 2011 02:09:55 -0500, Wayne.B
wrote:

On Mon, 28 Feb 2011 20:39:06 -0800, wrote:

Great... except for the part that the Wall Street price manipulators
play... I guess you don't remember Enron...

I remember it well. I also remember that Wall Street is located in
Manhattan. I worked there for many years and know the location well,
not to mention a few things about the industry. Enron, on the other
hand was headquartered in Houston, Texas - part of the energy
industry, the fraudulent part.

You're claiming that there was no connection between Enron
manipulation and Wall Street?

http://www.forbes.com/2001/11/29/1129topnews.html

Enron borrowed from large money center banks before their fraud was
suspected and exposed. No crime there, just questionable risk
analysis on the part of the lenders who were mostly relying on audited
financial statements.



Large corporations don't order toilet paper without consulting with
their investment bankers, brokers and others in the financial services
industry.

You haven't got a clue about how a company really works. I can get a
multi-year, multi-million dollar project approved and with my spend plan
in place it is just like writing checks. And, the BOD doe not need to
approve such a piddly amount of money. They usually don't get involved
until the spend is in the tens of millions of dollars.

Surely you are not trying to let the so-called "Wall Street financial
community" off the hook for its major role in bringing down our economy.

It is all of the mutual plans that the various state and union pension
plans that are invested in wall street that demand immediate
gratification so that they can continue to improve the pensions and
payout the current pensions who are at fault. Un realistic expectations.

Wait...you probably are.

Ahh, audited financial statements...as if the big CPA firms weren't part
of the game.

Just like CBO reviewed items.

Gas getting higher.
 

In article ,
says...

On 3/1/11 9:04 AM, Wayne.B wrote:
On Tue, 01 Mar 2011 08:28:08 -0500,
wrote:

Surely you are not trying to let the so-called "Wall Street financial
community" off the hook for its major role in bringing down our economy.

Assuming that you are talking about the recent collapse of the housing
market, the financial community was absolutely one of the major
facilitators. There's lots of blame to go around however, starting
with misguided government policy which got the whole thing rolling.
No one was complaining when the party was in full swing. People
will be writing books about it for a long time to come, just like the
great depression of the 1930s.



I'm talking about the on-going collusion between the wall street banks,
brokers, investment bankers, accounting firms, et cetera, and
corporations, and, of course, the collapse of the housing market.

Among other things, itt seems to be getting rarer and rarer to see a CPA
firm "quit" a client over accounting disputes. That means that the CPA
firms are in fear of losing their clients, not that they are doing the
tough job they should be doing.

About 10 years ago, a former client of mine got into a dispute with its
big accounting firm. After three months of arguing, the accountants said
they would have to put a fairly derogatory note in the annual statement.
There was a lot of pressure on both sides. The CPAs ended up by
resigning the account. The "new" CPAs were far more compliant.

Then go complain to Tax Cheat Tim Geithner. He's they guy who was
dolling out the TARP money to all of his Wall Street buddies.

Gas getting higher.
 

In article , says...

I'm sure any client who would use your services would also need a very
compliant CPA firm.
That is if you actually believe Harry's bull****.
Has he ever given you cause to doubt his word? Besides, Paul would vouch
for him.

Oh, if Paul is going to vouch for Harry's veracity then Harry must be an
ok guy.

By the way, who is Paul?

Gas getting higher.
 

On Tue, 1 Mar 2011 20:30:17 -0800 (PST), Tim wrote:

On Mar 1, 10:24*pm, wrote:
On Tue, 1 Mar 2011 16:47:37 -0800 (PST), Tim
wrote:

On Mar 1, 12:13 pm, Harryk wrote:
On 3/1/11 1:11 PM, wrote:

You know the saying..."big boat, small dick..."

i do have a 6' row boat. Wow, I'm in luck!

?;^ )

You and your dick must have to take turns riding in the boat.

Well, I've never tired to paddle with it.

If you had twin diesels, you'd never be able to find it!

Gas getting higher.
 

On Wed, 2 Mar 2011 06:50:58 -0500, BAR wrote:

In article , payer3389
says...

On 3/1/11 1:11 PM, wrote:
On Tue, 01 Mar 2011 08:35:17 -0500, Wayne.B
wrote:

On Tue, 01 Mar 2011 08:12:59 -0500, wrote:

On 3/1/2011 2:09 AM, Wayne.B wrote:
On Mon, 28 Feb 2011 20:39:06 -0800, wrote:

Great... except for the part that the Wall Street price manipulators
play... I guess you don't remember Enron...
I remember it well. I also remember that Wall Street is located in
Manhattan. I worked there for many years and know the location well,
not to mention a few things about the industry. Enron, on the other
hand was headquartered in Houston, Texas - part of the energy
industry, the fraudulent part.

You're wasting your time spoonfeeding her Wayne. Case in point Anchoring.

Probably so but there are other people who also believe their lives
are controlled by some giant conspiracy. It's good to get the facts
out there once in a while.

With regard to anchoring, first you need a boat...

The problem with you is that you're sanctimonious. You have no
interest in actually having a discussion. When someone disagrees with
you, you tell them stop posting off topic. When you agree with
someone, you have no problem playing nice, as evidenced with this last
post.


You know the saying..."big boat, small dick..."

Says something about you Mr alleged 40 foot twin diesels!


~~SNERK~~

Gas getting higher.
 

On Mar 1, 11:50*pm, Canuck57 wrote:

Worse yet, US Fed is buying US Federal bond debt as no one else in the
world, including American investors, will buy US government debt. *Hey,
you would have to be a FOOL to buy a T-Bill at below inflation then pays
taxes.

And you expect a strong dollar?

T-bills,? I dont' have any T-bills.

Gas getting higher.
 

This is when it was cheaper

http://www.joncouture.com/ArmLegGs.jpg

Now it's:

http://politicalhumor.about.com/libr...-gasprices.htm

And tomorrow it'll probably be

http://media.photobucket.com/image/g.../gasprices.gif

Gas getting higher.
 

You know the saying..."big boat, small dick..."
Says something about you Mr alleged 40 foot twin diesels!
So we should dub Donny with his little boat, "Big dick Head" and Harry
with his big boat, "Little Pussy". Case closed.

Gas getting higher.
 

On 3/2/2011 7:02 AM, BAR wrote:
In , says...
I'm sure any client who would use your services would also need a very
compliant CPA firm.
That is if you actually believe Harry's bull****.
Has he ever given you cause to doubt his word? Besides, Paul would vouch
for him.
Oh, if Paul is going to vouch for Harry's veracity then Harry must be an
ok guy.

By the way, who is Paul?


Paul is the little guy who sits on Harry's shoulder and whispers in his ear.

Gas getting higher.
 

On Wed, 02 Mar 2011 00:56:05 -0500, wrote:

On Tue, 01 Mar 2011 21:25:27 -0800, wrote:

On Tue, 01 Mar 2011 23:23:17 -0500, wrote:

On Tue, 01 Mar 2011 16:32:59 -0800, wrote:

On Tue, 01 Mar 2011 15:56:32 -0500, wrote:



If I was just picking low fruit I would point out Plume is a
facilitator of these evil corporations by litigating patents that
allow them monopoly power in the markets.

Except that your nit picking would be out of date. As I've said, I no
longer work for big companies.

So you just create small monopolies for guys who want to be big
companies?

So, you think we should abandon the patent process. I guess you need
to read up on why we have one.

I can argue either side of this.
I can take this side or the one you make below in your second response

Try getting some facts and get back.



Why is Avastin 130 bucks a pill when it costs pennies to produce?

Genetech has the patent on it.

Because there's no way to effectively negotiate a lower price.

... because of patent attorneys.

Nope. It's all about lack of ability to negotiate a better price,
e.g., like letting Medicare do it?

You can't negotiate with a monopoly, what is your leverage?

Lower your price or I will do without?

I guess the VA doesn't do that then.

http://www.govexec.com/dailyfed/122105cdpm1.htm

Gas getting higher.
 

On Tue, 01 Mar 2011 08:41:00 -0500, Wayne.B
wrote:

On Mon, 28 Feb 2011 22:29:11 -0800, jps wrote:

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.

Of course it is. The reserves are created by people buying in
advance of actual need in expectation that supplies may be tighter at
a later date and/or prices higher. There is no big tank labeled
reserves. It is the sum total of inventory on hand.

That's a bunch of crap. Those markets are manipulated as are the
stock prices you hold so dear. Let's see how much you like 'em when
they take the next dump.

Let's see if I understand this. When asset prices are moving in a
direction that is favorable to you, it's because you are a shrewd
investor and money manager. When values move in an unfavorable
direction it is because you are being manipulated?

Thanks, think I've got it now.

You must be projecting or you're putting words in my mouth. I know
more about the equity markets than you'll ever know. Most of the
valuations are bogus and financial reports are manipulated to match
the analysts expectations. The books are prepared to support the
message, not reality.

It's a rigged game that favors those with the tools to predict and the
resources to manipulate.

You still think Wall Street is a safe gamble? You'd be better off in
a casino betting on craps. Smart people took their cash out of the
market in the late 1990s and never put it back in.

Maybe you'll be lucky enough to have a boat to live on when the next
dump takes you to naught.

Gas getting higher.
 

On Wed, 02 Mar 2011 15:22:29 -0500, wrote:

On Wed, 02 Mar 2011 11:38:55 -0800, jps wrote:

On Tue, 01 Mar 2011 08:41:00 -0500, Wayne.B
wrote:

On Mon, 28 Feb 2011 22:29:11 -0800, jps wrote:

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. That's not supply and demand.

Of course it is. The reserves are created by people buying in
advance of actual need in expectation that supplies may be tighter at
a later date and/or prices higher. There is no big tank labeled
reserves. It is the sum total of inventory on hand.

That's a bunch of crap. Those markets are manipulated as are the
stock prices you hold so dear. Let's see how much you like 'em when
they take the next dump.

Let's see if I understand this. When asset prices are moving in a
direction that is favorable to you, it's because you are a shrewd
investor and money manager. When values move in an unfavorable
direction it is because you are being manipulated?

Thanks, think I've got it now.

You must be projecting or you're putting words in my mouth. I know
more about the equity markets than you'll ever know. Most of the
valuations are bogus and financial reports are manipulated to match
the analysts expectations. The books are prepared to support the
message, not reality.

It's a rigged game that favors those with the tools to predict and the
resources to manipulate.

You still think Wall Street is a safe gamble? You'd be better off in
a casino betting on craps. Smart people took their cash out of the
market in the late 1990s and never put it back in.

Maybe you'll be lucky enough to have a boat to live on when the next
dump takes you to naught.


I look at Wall Street like Jai Alai, You are never really sure what is
going on and you don't really understand the rules but if you can bet
with the smart money you can win.

That may be true but smart one day can be idiotic the next.

Lehman is out of busines. The game is rigged and Goldman has won, but
that doesn't mean that your Goldman broker is anymore on the inside or
working in your interests. They sold **** to their best customers in
hopes of keeping their bonus checks coming.

Gas getting higher.
 

On Wed, 02 Mar 2011 14:18:08 -0500, wrote:

On Wed, 02 Mar 2011 10:11:52 -0800, wrote:



Nope. It's all about lack of ability to negotiate a better price,
e.g., like letting Medicare do it?

You can't negotiate with a monopoly, what is your leverage?

Lower your price or I will do without?

I guess the VA doesn't do that then.

http://www.govexec.com/dailyfed/122105cdpm1.htm

Who is stopping Medicare then?

Is it just that DVA is better than the bumbling bureaucracy at HHS?

Congress is stopping them. But, that can't be fixed, right?

Gas getting higher.
 

On Wed, 02 Mar 2011 11:38:55 -0800, jps wrote:

I know
more about the equity markets than you'll ever know.

That is highly unlikely but I'm not going to compare resumes with you
in this forum. Suffice it to say that I spent 40 years in the
industry. If that fails me, my youngest son is an ivy league MBA and
CFA.

Most of the
valuations are bogus and financial reports are manipulated to match
the analysts expectations.

Really? There are people who would pay you very well if your findings
are correct. Why not sell those companies short or buy put options?

The books are prepared to support the
message, not reality.

Perhaps you could cite some examples other than the outright frauds
like Enron, and the recent fiasco with mortgage backed securities.

It's a rigged game that favors those with the tools to predict and the
resources to manipulate.

If you don't have the know how to study, predict and analyze you are
definitely playing with half a deck. There's an old saying in poker
that if you look around the table and can't figure out who the patsy
is, it's probably you.

You still think Wall Street is a safe gamble? You'd be better off in
a casino betting on craps. Smart people took their cash out of the
market in the late 1990s and never put it back in.

Poor analogy. The market is not without risk but it is most
definitely not a casino. The casino always wins - it is a
mathematical certainty. The right way to think of the stock market is
as a collection of companies in which you can individually assume a
part ownership, or not. Would you want to own a piece of them all?
Most certainly not. My investment returns since the late 90s are very
substantial and there are many others who have done much better.

Maybe you'll be lucky enough to have a boat to live on when the next
dump takes you to naught.

Anyone who goes to naught in a crash is asleep at the wheel, and more
than likely, poorly invested prior.

Gas getting higher.
 

On Wed, 02 Mar 2011 13:20:54 -0800, jps wrote:

I look at Wall Street like Jai Alai, You are never really sure what is
going on and you don't really understand the rules but if you can bet
with the smart money you can win.

That may be true but smart one day can be idiotic the next.

Lehman is out of busines. The game is rigged and Goldman has won, but
that doesn't mean that your Goldman broker is anymore on the inside or
working in your interests. They sold **** to their best customers in
hopes of keeping their bonus checks coming.

If you think Goldman is a smart player, and they are, why not buy part
of the company?

http://finance.yahoo.com/q/bc?s=GS&t=my

You could have almost tripled your money in 10 years with buy and
hold, much more if you'd traded around the dips.

On the left coast you've got Wells Fargo. They run a pretty good
operation also:

http://finance.yahoo.com/q/bc?s=WFC+Basic+Chart&t=my

Gas getting higher.
 

On Mar 2, 1:38*pm, jps wrote:
On Tue, 01 Mar 2011 08:41:00 -0500, Wayne.B



wrote:
On Mon, 28 Feb 2011 22:29:11 -0800, jps wrote:

As was mentioned earlier in this thread, reserves are going up at the
same time price is going up. *That's not supply and demand.

Of course it is. * The reserves are created by people buying in
advance of actual need in expectation that supplies may be tighter at
a later date and/or prices higher. * *There is no big tank labeled
reserves. *It is the sum total of inventory on hand.

That's a bunch of crap. *Those markets are manipulated as are the
stock prices you hold so dear. *Let's see how much you like 'em when
they take the next dump.

Let's see if I understand this. * When asset prices are moving in a
direction that is favorable to you, it's because you are a shrewd
investor and money manager. * When values move in an unfavorable
direction it is because you are being manipulated?

Thanks, think I've got it now.

You must be projecting or you're putting words in my mouth. *

He must be projecting, JPS. Because he can't stuff words in your
mouth. It's already crammed full from some other guy.

Gas getting higher.
 

On Wed, 02 Mar 2011 17:40:18 -0500, wrote:

On Wed, 02 Mar 2011 14:02:03 -0800, wrote:

On Wed, 02 Mar 2011 14:18:08 -0500, wrote:

On Wed, 02 Mar 2011 10:11:52 -0800, wrote:



Nope. It's all about lack of ability to negotiate a better price,
e.g., like letting Medicare do it?

You can't negotiate with a monopoly, what is your leverage?

Lower your price or I will do without?

I guess the VA doesn't do that then.

http://www.govexec.com/dailyfed/122105cdpm1.htm

Who is stopping Medicare then?

Is it just that DVA is better than the bumbling bureaucracy at HHS?

Congress is stopping them. But, that can't be fixed, right?

What happened between 2009 and 2011?
It was a democratic congress and the health care bill was passed in a
filibuster proof senate.

Which didn't include anything about letting Medicare negotiate prices.
A failure of both houses of Congress for sure. The Dems wimped out.

Gas getting higher.
 

On Wed, 02 Mar 2011 21:06:22 -0500, Wayne.B
wrote:

On Wed, 02 Mar 2011 13:20:54 -0800, jps wrote:

I look at Wall Street like Jai Alai, You are never really sure what is
going on and you don't really understand the rules but if you can bet
with the smart money you can win.

That may be true but smart one day can be idiotic the next.

Lehman is out of busines. The game is rigged and Goldman has won, but
that doesn't mean that your Goldman broker is anymore on the inside or
working in your interests. They sold **** to their best customers in
hopes of keeping their bonus checks coming.

If you think Goldman is a smart player, and they are, why not buy part
of the company?

http://finance.yahoo.com/q/bc?s=GS&t=my

You could have almost tripled your money in 10 years with buy and
hold, much more if you'd traded around the dips.

"traded around the dips" oh man, that's rich.

You sound like a day trader.

Gas getting higher.
 

On Wed, 02 Mar 2011 20:54:29 -0500, Wayne.B
wrote:

On Wed, 02 Mar 2011 11:38:55 -0800, jps wrote:

I know
more about the equity markets than you'll ever know.

That is highly unlikely but I'm not going to compare resumes with you
in this forum. Suffice it to say that I spent 40 years in the
industry. If that fails me, my youngest son is an ivy league MBA and
CFA.

Most of the
valuations are bogus and financial reports are manipulated to match
the analysts expectations.

Really? There are people who would pay you very well if your findings
are correct. Why not sell those companies short or buy put options?

You're uninformed and sound like you worked at arm's length.

The books are prepared to support the
message, not reality.

Perhaps you could cite some examples other than the outright frauds
like Enron, and the recent fiasco with mortgage backed securities.

Again, you sound naive. How many CFOs of publicly traded companies do
you count as friends? The whole financial reporting practice of most
firms is driven by maintaining or pushing the stock price. Numbers
are regularly manipulated by booking altering revenue recognition,
timing write offs, closing deals, etc. It's all to satisfy the
analysts and expectations. The pressure for these departments to make
the numbers right is extraordinary and it happens everywhere and in
every industry.

It's a rigged game that favors those with the tools to predict and the
resources to manipulate.

If you don't have the know how to study, predict and analyze you are
definitely playing with half a deck. There's an old saying in poker
that if you look around the table and can't figure out who the patsy
is, it's probably you.

You still think Wall Street is a safe gamble? You'd be better off in
a casino betting on craps. Smart people took their cash out of the
market in the late 1990s and never put it back in.

Poor analogy. The market is not without risk but it is most
definitely not a casino. The casino always wins - it is a
mathematical certainty. The right way to think of the stock market is
as a collection of companies in which you can individually assume a
part ownership, or not. Would you want to own a piece of them all?
Most certainly not. My investment returns since the late 90s are very
substantial and there are many others who have done much better.

Best odds in any gambling house is craps. The odds are as even as it
gets.

Maybe you'll be lucky enough to have a boat to live on when the next
dump takes you to naught.

Anyone who goes to naught in a crash is asleep at the wheel, and more
than likely, poorly invested prior.

Let's hope you're not one of them.

Gas getting higher.
 

On Mar 3, 1:28*am, jps wrote:
On Wed, 02 Mar 2011 21:06:22 -0500, Wayne.B



wrote:
On Wed, 02 Mar 2011 13:20:54 -0800, jps wrote:

I look at Wall Street like Jai Alai, You are never really sure what is
going on and you don't really understand the rules but if you can bet
with the smart money you can win.

That may be true but smart one day can be idiotic the next. *

Lehman is out of busines. *The game is rigged and Goldman has won, but
that doesn't mean that your Goldman broker is anymore on the inside or
working in your interests. *They sold **** to their best customers in
hopes of keeping their bonus checks coming.

If you think Goldman is a smart player, and they are, why not buy part
of the company?

http://finance.yahoo.com/q/bc?s=GS&t=my

You could have almost tripled your money in 10 years with buy and
hold, much more if you'd traded around the dips.

"traded around the dips" oh man, that's rich.

You sound like a day trader.

Next to Wayne, you sound like a mental midget. How is the soft ware
business fairing? Still floundering away?

Gas getting higher.
 

On Mar 3, 1:37*am, jps wrote:
On Wed, 02 Mar 2011 20:54:29 -0500, Wayne.B



wrote:
On Wed, 02 Mar 2011 11:38:55 -0800, jps wrote:

*I know
more about the equity markets than you'll ever know.

That is highly unlikely but I'm not going to compare resumes with you
in this forum. * Suffice it to say that I spent 40 years in the
industry. *If that fails me, my youngest son is an ivy league MBA and
CFA.

Most of the
valuations are bogus and financial reports are manipulated to match
the analysts expectations.

Really? *There are people who would pay you very well if your findings
are correct. * *Why not sell those companies short or buy put options?

You're uninformed and sound like you worked at arm's length.

The books are prepared to support the
message, not reality.

Perhaps you could cite some examples other than the outright frauds
like Enron, and the recent fiasco with mortgage backed securities.

Again, you sound naive. *How many CFOs of publicly traded companies do
you count as friends? *The whole financial reporting practice of most
firms is driven by maintaining or pushing the stock price. *Numbers
are regularly manipulated by booking altering revenue recognition,
timing write offs, closing deals, etc. *It's all to satisfy the
analysts and expectations. *The pressure for these departments to make
the numbers right is extraordinary and it happens everywhere and in
every industry.



It's a rigged game that favors those with the tools to predict and the
resources to manipulate.

If you don't have the know how to study, predict and analyze you are
definitely playing with half a deck. * There's an old saying in poker
that if you look around the table and can't figure out who the patsy
is, it's probably you.

You still think Wall Street is a safe gamble? *You'd be better off in
a casino betting on craps. *Smart people took their cash out of the
market in the late 1990s and never put it back in.

Poor analogy. * The market is not without risk but it is most
definitely not a casino. * The casino always wins - it is a
mathematical certainty. *The right way to think of the stock market is
as a collection of companies in which you can individually assume a
part ownership, or not. * Would you want to own a piece of them all?
Most certainly not. *My investment returns since the late 90s are very
substantial and there are many others who have done much better.

Best odds in any gambling house is craps. *The odds are as even as it
gets.

Maybe you'll be lucky enough to have a boat to live on when the next
dump takes you to naught.

Anyone who goes to naught in a crash is asleep at the wheel, and more
than likely, poorly invested prior.

Let's hope you're not one of them.

It sounds like you are are one of them, or have been on the edge. You
show experience of losing your ass. Wayne shows evidence of retiring
comfortably and enjoying the fruits of his labour.

Gas getting higher.
 

In article ,
says...

On Wed, 02 Mar 2011 21:06:22 -0500, Wayne.B
wrote:

On Wed, 02 Mar 2011 13:20:54 -0800, jps wrote:

I look at Wall Street like Jai Alai, You are never really sure what is
going on and you don't really understand the rules but if you can bet
with the smart money you can win.

That may be true but smart one day can be idiotic the next.

Lehman is out of busines. The game is rigged and Goldman has won, but
that doesn't mean that your Goldman broker is anymore on the inside or
working in your interests. They sold **** to their best customers in
hopes of keeping their bonus checks coming.

If you think Goldman is a smart player, and they are, why not buy part
of the company?

http://finance.yahoo.com/q/bc?s=GS&t=my

You could have almost tripled your money in 10 years with buy and
hold, much more if you'd traded around the dips.

"traded around the dips" oh man, that's rich.

You sound like a day trader.

It's called market timing and it is a bad ivestment strategy.

Gas getting higher.
 

In article 070a5f6e-8cd3-4ef1-8faf-b1e69305fb82
@o21g2000prh.googlegroups.com, says...

On Mar 3, 1:28*am, jps wrote:
On Wed, 02 Mar 2011 21:06:22 -0500, Wayne.B



wrote:
On Wed, 02 Mar 2011 13:20:54 -0800, jps wrote:

I look at Wall Street like Jai Alai, You are never really sure what is
going on and you don't really understand the rules but if you can bet
with the smart money you can win.

That may be true but smart one day can be idiotic the next. *

Lehman is out of busines. *The game is rigged and Goldman has won, but
that doesn't mean that your Goldman broker is anymore on the inside or
working in your interests. *They sold **** to their best customers in
hopes of keeping their bonus checks coming.

If you think Goldman is a smart player, and they are, why not buy part
of the company?

http://finance.yahoo.com/q/bc?s=GS&t=my

You could have almost tripled your money in 10 years with buy and
hold, much more if you'd traded around the dips.

"traded around the dips" oh man, that's rich.

You sound like a day trader.

Next to Wayne, you sound like a mental midget. How is the soft ware
business fairing? Still floundering away?

Maybe he should hire some programmers for his software business instead
of buying fine German screwdrivers.

Gas getting higher.
 

On Thu, 3 Mar 2011 07:20:56 -0500, BAR wrote:

It's called market timing and it is a bad ivestment strategy.

That's true for the most part but one of my hard and fast rules is to
never hold on to a falling stock. You can always buy it back later
if you still like it.

Gas getting higher.
 

On 3/3/2011 2:06 AM, wrote:
The Dems wimped out.
Go away.

Gas getting higher.
 

In article ,
says...

On Thu, 03 Mar 2011 07:58:08 -0500, Wayne.B
wrote:

On Thu, 3 Mar 2011 07:20:56 -0500, BAR wrote:

It's called market timing and it is a bad ivestment strategy.

That's true for the most part but one of my hard and fast rules is to
never hold on to a falling stock. You can always buy it back later
if you still like it.

Yup, those "Buy and Hold" people lost their ass when GM went to zero.
I agree trying to find the absolute bottom or the absolute top is
futile but you can spot a good company that was beat down by bad press
and get a deal and nobody lost money selling a stock at a profit.

Unless you watch specific industries you should not be chasing
individual stocks. And, you can have your ass handed to you while you
are on vacation or on a boat ride.

A friend of mine is a lawyer in the justice dept. Every time I see him
he tells me he can't talk to me. He is mostly sticking it to me because
he works in the anti-trust division and he has knowledge of all of the
mergers and acquisitions and the anti-competitive actions in progress.

So, if a company gets hit with a patent infringement lawsuit there stock
will take a hit. Do you sell it on that news even if you don't know the
whole story? Or, do you wait it out.