When I created Wallstrip , the idea was one show a day about a stock at or near an-all time high and a look at the issues of why it was hot and than you were left to ponder if it could continue. I have owned many of the stocks that we have covered and …
From: July 2008
Deep Market Thoughts…Our Spirit is Broken Just Go Outside
You know it’s slim pickings in technology when Yahoo looks like the best internet stock. Seriously, at this point, Yang is best to go it alone rather than hand the reigns to Steve ‘LIP’ Ballmer. As for Carl Icahn, he should be buying graveyards, and biotechs aimed at virility, not web businesses. The investment world …
Why is EVERYONE so Cranky?
For the next week I am smelling the flowers. I am refocusing myself on my ‘Glass is half Full’ attitude. The rest of the world seems pissed. Phil and Sergio are pissed they won’t win the British Open and if they do it won’t count because Tiger is not playing. Fox Biz is pissed because …
Dude…Where did you put 3,000 Dow Points?
Other than Bloomberg , ‘The Fly ‘, and StockTwits stream on Twitter, I have cut down on my financial reading. I am still excited to grab a weekend Investor’s Business Daily just to check in on the leadership, but that’s been a waste of time lately. I have learned that writing about stocks and the …
Collateral Damage…Big Bucks
The US dollar is falling to record lows…duh. Gold will continue to outperform…Yep. These are the areas of collateral damage from our fed decisions. Until our Fed changes it’s focus, stop only looking at where they are fighting the fire to make money. No doubt, the financials have been like shooting fish in the barrel …
Deep Market Thoughts…MOTHER#%^#%*%#ing Financials AND Blame The Shortseller
If you own banks, that’s what you were saying today. I hear that if you were watching CNBC, it was the shortsellers who are now getting blamed . Shortsellers are sneaky and out to make a buck, but what a shitty way to make it. It’s just their turn. The real crooks (Wall Street) has …
Without Fannie or Freddie Who Will Lend me on This Third Home?
I need a quick $50,000 for this property . Thanks to StockJockey for getting me the aerial photo.
No Offense Mexico, But We Want Our Currency To Look Like Yours
George Bush and Bernake love the pretty pictures on the Mexican currrency and all the jingling from coins. Jim Rogers sums up how this all is playing out and why the market won’t rally on Fed moves: I don’t know where these guys get the audacity to take our money, taxpayer money, and buy stock …
Fannie Mae and Freddie Mac to Buy Rick's Cabaret and than Ning.com!
I got the following e-mail from my friend Will G, a friend and successful commercial developer in California, regarding Freddie and Fannie: $5.2 Trillion. This is the face value of the amount of loans owned and/or guaranteed by Fannie Mae and Freddie Mac together. I did some off the cuff calculations. If we assume that …
Downsize…Focus…Pounce!
In 2005 The ‘Venture Vixen’ and I sold our oversized home and lot in Paradise Valley for something half the size. Our utlility bill in the summer was over $500 per month and could spike to $700 with the pool. Dumb. We sold the home the first day on the market as if it was …