Blue collar guy

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    • Sat Oct 25th 11:02 AM
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      Commented on:
      When Everyone Sells, Who Buys?
      This is really going to sound extremely ignorant; However, when I was an undergrad taking economics courses such as Money and Banking (what an unsophisticated title) which included explanations of the Federal Reserve System, the stock market, etc. and why they were created...it was fairly easy to understand. What has happened since is even easier to understand.....it is a run away system of theft, greed and corruption that will prove to be the bane of our civilization and end of a Democratic Republic if drastic & severe changes are not made.
      Viewed from where I now sit, the entire original purpose of the market has been all but lost..which was to furnish the necessary capital in order for a small business to become larger by persuading investors to furnish the capital by buying shares of stock in a "Corporation"...
      Fuhget about that simple main and sole purpose as of a long time ago. What we have now is nothing but a legalized means of wholesale gambling, whereby the incentive comes 98% from "growing" the value of the stock by virtually any means possible. Dividends? for the most part have no place, purpose, or existence...the big pay off comes when you buy and sell...often within an hour or less or days.
      Now .....we have hedge funds, derivatives, instantaneous programed trading and indescribable and otherwise esoteric means of altering perspectives, messaging numbers, and just plain old simple cheating that will enrich the very smallest part of the population who sticks an untrained foot into the market. It is so wide open that the govt. nor anyone else could ever come up with rules and regulation that protect the innocent. Therefore, only a FOOL will even consider the market UNLESS he or she is fully trained and addicted to playing a game as bad or worse than "Russian Roulette". Today's stock market is the biggest fraud ever perpetuated on the world's working, middle class person trying to raise and provide for a family. God help us all if the population doesn't wake up .....much sooner than later.
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    • Tue Oct 14th 10:22 AM
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      Some Stocks to Research for the Market Rebound
      Anyone who thinks that relatively nearby drilling off shore (less than 50 miles) or in the Rocky Mtn. Range is going to miss the fat city boat, regardless of who wins the election. Contrary to the sentiments of the experts who regularly comment here, The Rocky Mtn. range and offshore drilling propositions will not go away so quickly this time around, regardless of the "experts" who have to have a building fall on them b4 seeing the light (oxymoron). Solar and all the "green" energy stuff will be worked on but not to the same extent as ....

      "DRILL HERE, DRILL NOW!" rules.
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    • Tue Oct 14th 09:56 AM
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      Tuesday Outlook: Commodities, Emerging Markets
      All of which means that my guess is as good as his. The world's largest crystal ball couldn't come come up with a better than 50/50 GUESS as to what happens next.
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    • Wed Oct 8th 15:02 PM
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      The Burst Commodities Bubble
      I have no worries about these stocks whatsoever, regardless of their monstrous precipitous fall from grace. It figures that they were held in great numbers of Mutual Funds, Derivitives, Hedges Funds, etc, etc. and had to be sold to meet other obligational losses. When you are going down and heavily leveraged at the same time you MUST start selling off the good stuff because generally people wait too long to dump losers.....triggers or no triggers.
      When stocks like Monsanto can fall and other blue chips when they are perfectly healthy companies by ANY standards, the btm. line is PANIC, PANIC, PANIC being the main reason for everything going down.
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    • Sat Sep 27th 11:34 AM
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      Commented on:
      The Calm Before the Storm?
      Hey Ionie,

      Then best you stay in Thailand where you will be safe, sound, and living off the fat of the land ....until someone buries an machete in your neck.
      Better yet, come on back home and run for President...you appear to have the right amount of smarts.
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    • Mon Sep 22nd 12:52 PM
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      Buy, Sell or Hold: Potash Deserves Another Look
      Some government regulations are ALWAYS going to be necessary in the financial markets-operative word...SOME. Does a building have to fall on some idiots to drive home the point? Capitalism is fine, but left completely shorn of oversight, it would drive us back to the stone age. Too many people, not enough usable land, and a non infinite supply of raw materials make SOME regulation a necessity for the survival of the system. Anyone that cannot see understand that is just plain DUMB. The problem will always be.....how much?
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    • Thu Sep 11th 11:04 AM
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      Commented on:
      Why Don't Earnings Matter Anymore?
      Einstein and Socialism:
      Hitting the nail on the head is what you gentlemen have done. I am long on Potash and several other commodity type or "tied to" stocks that have me down 40% before mediocre gains yesterday. The answer to how long does one remain long for this smallish investor is.....until these stocks return to their rightful places at or near the top of the heap...which they will do if for no other reason than they are great companies by any measurement except the volatility and freakish behaviors of the mkt. from time to time. As nearly everyone knows, when you are down a heap on stocks representing excellent management, high profits, good futures, etc. not too smart to sell because once gone, a very real loss has occurred, not just one on paper.
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    • Mon Sep 1st 10:14 AM
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      Potash Corp. Poised to Double Market Capitalization
      Well......CT programmer, spoken like a true " green eyeshade", If I had any more money to invest right now, I'd be buying POT bout as much as I could buy with the money I had. Potash isn't like any other ag product, it is THE primary ingredient other than the seed leading to the production of any ag product growing out of the ground. Better go crunch some more numbers. I love all the green eyeshade prognosticators, chartists, analysts, et al who base all their guesswork on sectors instead of individual companies or products.
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    • Sun Aug 24th 13:21 PM
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      In Support of Potash Corp.'s Projected 2008 Gross Margin Increase
      Y'all have made my day......author to all comments, and I thank you from the bottom of my heart. Hope always springs eternal.
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    • Fri Aug 22nd 19:46 PM
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      How You Can Invest in the Pickens Plan
      To the John Kerry Lover:

      There was nothing scurilous about the Swift Boat program to demolish a politician that needed to be demolished since he laid claim to heroics that apparently most of his own sailors chose to dispute. All Pickens did was spend a little of his own money to support the effort and let it happen. "Scurilous" indeed, the attack was out in the open, nothing secret, names named, books written and NOBODY SUED FOR SLANDER OR ANYTHING ELSE. That ought to tell you something about Senator Kerry.
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    • Thu Aug 21st 14:09 PM
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      Transocean: Drilling Deep for Profits
      At last....I am overjoyed to find a batch of comments, all of which I can agree with (RIG). Hang on and enjoy the ride.
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    • Tue Aug 12th 20:45 PM
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      Wall Street Breakfast: Must-Know News
      For David Wright....
      What evidence to you speak of regarding commodities reversing direction lately, I'd like to smoke that pipe for awhile if I can find it-at least the high flyers of the last half yr or so, i.e. POT, MTL, MOS etc.

      See Eli remarks above "Gold, platinum, and silver hit 7-month lows on concerns of reduced demand for raw materials. Commodities descend Monday into bear territory, with S&P's GSCI index off 22% from its July 3 highs.
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    • Tue Aug 12th 20:39 PM
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      Wall Street Breakfast: Must-Know News
      Oh my God......(prayerfully) if someone would only take care of Mr. Billy Mays....you know ...promote him or sumthin, anything but get his voice and manner off the TV ....PULEEEEEEESE!
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    • Thu Jul 31st 12:30 PM
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      Commented on:
      Let's Get Greedy with Mechel Steel
      Oops! I have the wrong guy going to prison, should have said
      Y. Jurgens....not the new Prime Minister.
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    • Thu Jul 31st 12:10 PM
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      Let's Get Greedy with Mechel Steel
      Demetry Medvedev had better watch what he says or he could be on the inside of Lubyanka looking out, either that or fishing with Polar Bears somewhere in Siberia. In the mean time, long on MTV is the way to go.
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