gdp's Comments

The Disciplined Investor : Short Interest Ratio Drops

Fri, 14 Aug 2009 03:33:21 +0000

So what is wrong with Short-term speculation on the short side? And why is it worse than long-term investing? Only buying stocks (or any asset class) is not healthy for the market or the economy either. Buying only can lead to overvalued asset created by applying significant leverage. But perhaps that is just theoretical... It would probably never happen....

The Disciplined Investor : Economic Data and Technicals Point Toward Possible Retreat in Equities

Thu, 13 Aug 2009 16:35:05 +0000

There is no retreat. The worse it gets, the more bulls push HOPE. Silly trading right now. My capital allocations are VERY small. I can't stand the buy the dip talk in light of worsening fundamentals. An often quoted Buffett phrase should be mentioned (in a bearish context)... " In the short term the market is a voting mechanism. In the long term it is a weighing mechanism."

The Disciplined Investor : Sunday Fun: Congress Spends $500 million on Private Jets

Mon, 10 Aug 2009 05:15:14 +0000

Awesome. This is the Roman Empire. I wonder what they will say about this period in 80 years or 800 years. I can understand this from a national security point of view. And I can see this from a time saving perspective. However, aren't these the same people who GRILLED the auto CEOs for flying, rather than driving, to Washington? If it wasn't for the printing presses, Congress would have went bankrupt a long time ago. Crazy times. Just blindly buy the market... it's going to be alright... hmmmmm.

The Disciplined Investor : Economics to know for Friday Morning

Sat, 8 Aug 2009 07:33:11 +0000

I can't see the Fed raising short term rates in the near future. Mostly likely a smart move (if we want further "recovery"). They have also been flooding the market with easy money for some time now. Wasn't this what Greenspan was criticized for as we moved into the housing and mortgage crisis. I don't believe we will ever truly learn from our own financial engineering. The market rallies, the banks make money on the curve and Mark to fantasy accounting. I believe we will get what we deserve (good or bad).

The Disciplined Investor : TrimTabs Estimates U.S. Lost 488,000 Jobs in July

Thu, 6 Aug 2009 03:46:26 +0000

BLS has an agenda. Always have, always will. It was evident around election time, and it is evident now. Today's Goldman Contribution 3:30 Est announcement that GDP estimates are boosted higher. Imagine that. It cause a 6 pt rally in the S&P without a GS buy program fired.... And then... A sell program was initiated. Absolutely disgusting manipulation. The traders in my office just laughed in disgust. This market is eventually screwed. The govt continues to try and buy time.

The Disciplined Investor : Sunday Fun: CNBC - Fun or Fraud?

Sun, 2 Aug 2009 21:20:52 +0000

GE is a publicly traded company. And it is in their best short term interest to prop the market. They need to adhere to "accurate/unbiased" reporting of accurate information even less than the Fed. They are a private, yet publicly traded, entertainment company. The addition of Dennis Kneale to their list of entertainers has kept me from turning the sound up on that joke of a 'news' source. I listen to a few of their morning guests including Art Cashin, and Rick Santelli. Other than that, I give the rest a hairy eyeball.

The Disciplined Investor : Sunday Fun: Dow 4,000 in 6 months?

Sun, 26 Jul 2009 13:00:09 +0000

Here we come Dow 100K.. Why not. At the current rate June 2010 we should be there. With enough buying by the USA and GS we could do it. Resistance is Futile... Seriously, I am preparing in short term govt back treasuries. PTRAX right now. All my stock positions will have married put protection. I don't trust it. but technically 1050 is a good target.

The Disciplined Investor : Sunday Fun: Jon Stewart on Goldman

Sun, 19 Jul 2009 17:06:29 +0000

He pretty much called it. Nice work America!

The Disciplined Investor : Audio: DHUplugged #28 - Markets, Tech and California Bonds

Fri, 17 Jul 2009 02:44:35 +0000

Glenn Beck had a pretty good rant on GS... I like the visuals too. http://www.youtube.com/watch?v=NqGP3Oc5MOI I am looking forward to Mr. Tabibi's interview. Andrew, I won't forget that you were one of the first to beat this drum.

The Disciplined Investor : Audio: DHUplugged #28 - Markets, Tech and California Bonds

Thu, 16 Jul 2009 21:19:15 +0000

Great comments on the Goldman 10B. Indeed, what was the worst thing that could have happened if they lost the 10B. They would get 10B more. More than anything, going into an election they politicians wanted everything to get better. Buy some time. The idea of a PPT (Plunge Protection Team) is some sort of conspiracy theory should be reexamined. There is NO doubt in my mind that a synthetic version of a PPT was created when the TARP money meeting was held. It would seem like the right thing to do: 1) avert disaster for the banks on the edge 2) Give the Institutions an ability to buy off the bottom 3) Help 401k/long term investors (long only) regain their nest egg. It all makes perfectly "good for America" sense. Unfortunately it is as fake as a Southern California $2 million dollar 3 bedroom tract home. Also read pgs 114-118 of Reminiscences of a Stock Operator. The concept worked before. I am still a little sour I didn't see this coming back in Feb/March/April Thanks for your free podcast. I appreciate your insights.

The Disciplined Investor : Technical Support Discovered in the S&P 500

Tue, 7 Jul 2009 01:49:30 +0000

That is solid analysis. That is how I played it this morning. Faded the ISM. Relatively light volume allowed for a nice pick off the 200 DMA.

The Disciplined Investor : A Holiday S&P 500 Update

Sat, 4 Jul 2009 19:45:56 +0000

A, thanks for posting this. I was hearing about the h/s top two weeks ago. Then last week we rebounded to 930ish. I became short of this mkt into SPY 93... but one is never short enough it seems. Volume has been anemic and I find it difficult to believe we will go up from here. I like the way Adam put scenarios together, rather than just predicting down.

The Disciplined Investor : DHUnplugged on iTunes and Zune!

Fri, 20 Feb 2009 04:05:46 +0000

Thanks for putting these on iTunes. They can be pretty entertaining. This market is brutal... just when you thought it may be safe to go in the water

The Disciplined Investor : Video: A Congressional Castration

Tue, 17 Feb 2009 05:38:13 +0000

"We", the American people, are paying these people salary? So many of our government agencies are near worthless. Cheers Mr. Ackerman, at least you are earning your salary.

The Disciplined Investor : The Curious Case of Market Confidence

Sat, 14 Feb 2009 14:16:30 +0000

There will be critics with viable points of view regardless of the Government plans because the Government CANNOT solve the economy's problems. Rather they can only provide a ripe, fertile ground for which new industry can foster. The sooner we all figure this out, the better. Throwing money into the deadwood of insolvent banks is not the answer. Suspending Mark to Market acct is part of it (and will cost the taxpayer nothing). The banks/investment institutions which succeed will grow stronger, the insolvent ones will face the music of bad mgmt and risk controls. I like the tax cuts and AMT pushback as they don't "cost" the government, but rather put money in pockets of it's citizenry. In actual fact we need to get rid of nonsense government agencies like the IRS and alter the work hours of other agencies USPS (more focus on lower cost approaches). Energy, IT, and exportable technologies are where the government should be putting grant monies rather than the failing autos. It is not the RIGHT of an American to own a new house or new car. Those are characteristics a politician promoted in a speech. And since enough politicians promoted it, somehow WE believed it. Clear the deadwood, and foster the new growth. Many people are going hurt in the process, but that is part of the cycle too. That is our best way out.

The Disciplined Investor : Is Geithner's resignation next ?

Wed, 4 Feb 2009 04:07:18 +0000

The writing is on the wall.... Get rid of the IRS!!! Flat tax, flat tax, flat tax... The only problem is that is would flush tens/hundreds of thousands of jobs down the toilet.