Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. This week we may see the end of the run up.
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So can I go to Greece and get my fucking TARP money and save the home I already lost? My bank did not wish to share it with me….
#1 Agree with you.
If taxpayers (like me) are going to be fucked by the government to pay off bad real-estate deals, they might as well hand over my hard earned taxes to your bank and to you as well.
Right?
Whatever happened to the 43% stake that Apple had in ARM when Apple originally started ARM to put a MMU in Acorn Computer’s ARM-1 chip so they would have a suitable chip for the Newton?
Peak?
Then how did we catch a 10:1 split on BIDU, today?
Well, if the economy is tanking, somebody might want to tell all the shipping companies.
I95 was packed today with trucking all the way from MD to FL, all day, all night.
Horowitz might want to examine the shipping companies, I think they will be doing pretty well for a few months here.
A local company, in my town, Legg Mason, recently announced reducing its surplus workers, in order for its stock to be more attractive to shareholders. My point is, practically every company finds ways to reduce its labor force, in order to reduce those costs, to drive up its stock. So why are the “experts” so shocked when lower unemployment numbers, doesn’t make the DOW go upward? In my experience, more employment has always driven the DOW downward. Never upward. So the market experts say that Wall Street is out of touch with the real world, is a total joke. THE EXPERTS ARE OUT OF TOUCH WITH THE REAL WORLD!
When that 990+ point drop happened last week. The claim was that somebody punched the wrong button, ordering 6 billion shares to be sold, instead of 6 million. But very few in authority are buying this excuse. Since when are stocks sold according to the English terms “million” and “billion”? Instead of the number of zeros they represent? In that case, it would require somebody hitting the zero button, three times extra. That’s pretty difficult to swallow, as being accidental. The SEC ought to take a look at whoever made a huge wad from hedging that the DOW would fall. Perhaps this is the latest trick to make money, with the other dastardly ways becoming scrutinized or regulated.