March 31st, 2010 by Rich
Beware loud Bulls and Born Again Calves
Carlos Slim Helu, Lebanese trader and Mexican Telecom Tycoon, became recognized as the world’s richest man in August 2007 and March 2010.
He was the first richest person from an emerging economy, unless we count Abraham, Solomon and Alexander.
It seems the Lebanese were some of the world’s great traders from [...]
March 29th, 2010 by Rich
http://www.youtube.com/watch?v=rPkVUkePmPI 1:07
While rescuing America with Savings and Investment
Bad apples can rot the whole barrel.
Districts of Criminals cannot fool Mother Nature or the markets indefinitely.
What’s annoying about the latest banker bailout disguised as consumer rescue is it taints every other part of the economy.
Too many good smart people are intimidated by this bad real estate driven [...]
March 27th, 2010 by Rich
The good old retrospectoscope now shows a 160% countertrend rally in IYR Real Estate iShares that just ran 13% above its 45 target.
Not bad for bottom-feeders.
http://stockcharts.com/charts/gallery.html?iyr
Not only did Real Estate Investment Trust bottom-feeders find value, they got income up to 9%, albeit with the occasional dividend cut from firms with declining cash flow and falling [...]
March 23rd, 2010 by Rich
Somewhere Over the Rainbow
Maybe Time to choose sides carefully…
Rich Cash
I have always thought that if in 1929 we had all continuously repeated Two and two still make four, much of the evil might have been averted.
Bernard Baruch, Presidential park bench advisor
http://www.youtube.com/watch?v=0ltAGuuru7Q 3:39
13 million people can’t be wrong, or can they?
Iz we talking Bull or Bears [...]
March 16th, 2010 by Rich
We first used the inglorious French Phrase Force Majeure last March.
We looked ahead of then dismal economic stats.
We saw the liquidity created by trillions of Fed Treasury monetary stimulus borrowing programs and government fiscal legislative acts mortgaging the future.
For a year we excused unfunded Agency mandates totaling some $104 Trillion and another $204 Trillion of [...]
March 9th, 2010 by Rich
Heck of an Asset Inflation We’re Not Having Brownie…
You don’t get to be head of the Fed without being a pretty darn good poker player, bluffing with a straight face you are not tightening, while in fact you are.
Nowhere was this more evident today than with 90-Day Treasury Bills, which today hit Six-month highs at [...]
March 9th, 2010 by Rich
Recent strong earthquakes in Haiti, Chile and Turkey reminded us famed trader Jesse Lauriston Livermore shorted 5000 shares of Union Pacific on Tuesday 17 April 1906 in his hey day.
That was the day before the famous 5:12 AM San Francisco 8 magnitude 42 second Earthquake.
3000 people lost their lives. 300,000 people were homeless, camping out [...]
March 7th, 2010 by Rich
Aloha all.
Friends and family, have Courage and Be of Good Cheer, for these are the times that may try men’s souls.
The markets are divided. This is nothing new under the sun.
We have long had Producers, Speculators and those in between.
Is this the first time in recorded history speculators slammed economy, people and producers with considerable [...]
March 2nd, 2010 by Rich
One of the best trackers in the world is Tom Brown Jr.
He wrote book with his passion and talent and runs a Tracker school.
http://www.trackerschool.com/
Good trackers learn to pay attention to context, landscape, tracks and spoor.
Spoor may include tracks, scat, feathers, kills, scratching posts, trails, drag marks, sounds, scents, marking [...]