Oil went from $10 to $144 when the Government printed money. What will the price be for drugs with nationalized health care?
SHORT OIL/ BUY DRUGS
SHORT EDUCATION/ BUY DRUGS
Just not Teva (overpriced) - it's like buying Exxon, no fun in this stock.
Monday, March 22, 2010
Monday, March 15, 2010
If you want to short oil with leverage
Companies with leverage can be considered great stocks if they would be able to pay off their debt.
The reverse can be said, as well, if they cannot pay their debt, since the company is worthless. And leveraged options would make a killing.
If oil goes down or the inventories are large or if global trade slows then the shippers shares should go down. The more 'ors' the more chances of this occurring.
Im looking at SSW, FRO and some high flyer but can't remember presently.
The reverse can be said, as well, if they cannot pay their debt, since the company is worthless. And leveraged options would make a killing.
If oil goes down or the inventories are large or if global trade slows then the shippers shares should go down. The more 'ors' the more chances of this occurring.
Im looking at SSW, FRO and some high flyer but can't remember presently.
Friday, March 12, 2010
Marc Faber: Don't Expect Another Crash ... Bernanke Won't Allow it
As much as I like Mr. Faber, that is what Irving Fisher had to say as well in the 30s. My BS detector is on all alerts.
If there is hyper inflation where will the wealth flow to?
A - F - R - I - C -A
It has always been there in times of trouble.
If there is hyper inflation where will the wealth flow to?
A - F - R - I - C -A
It has always been there in times of trouble.
Thursday, March 11, 2010
Long SP500, Short Berkshire Hathaway
What's interesting about Warren Buffett is how he says one thing as he does another, but not really.
He tells people all over the world that his company may not outperform the SP500 as he dilutes shares of Berkshire by selling to the public and being accepted into the SP500. Usually, a guy touts his company as he sells out.
Who the hell wants to buy shares of Berkshire if the SP500 is a better bet?
Also, Mr. Buffett himself is selling ALL his shares. So what is that telling you?
He is taking his vast wealth and putting it into the Gates Foundation which is putting its eggs into Africa? Shouldn't you?
Charity, shmarity moneys going into Africa and the stocks there are cheap. Just today a client mentioned that highest growth in Middle Class wealth is in South Africa.
He tells people all over the world that his company may not outperform the SP500 as he dilutes shares of Berkshire by selling to the public and being accepted into the SP500. Usually, a guy touts his company as he sells out.
Who the hell wants to buy shares of Berkshire if the SP500 is a better bet?
Also, Mr. Buffett himself is selling ALL his shares. So what is that telling you?
He is taking his vast wealth and putting it into the Gates Foundation which is putting its eggs into Africa? Shouldn't you?
Charity, shmarity moneys going into Africa and the stocks there are cheap. Just today a client mentioned that highest growth in Middle Class wealth is in South Africa.
Accepting one's lot in life
A well known child actor at 38 passed away, Corey Haim. As with the current flock of teenage stars, there is envy and jealousy at instant fame. But the star in the center of attention sometimes can handle the pressure of fame and others cannot. He unfortunately could not.
I found this poem apropo as an eulogy:
Our deepest fear is not that we are inadequate.
Our deepest fear is that we are powerful beyond measure.
It is our light, not our darkness, that most frightens us.
We ask ourselves, "Who am I to be brilliant, gorgeous, talented,
fabulous?"
Actually, who are you not to be? You are a child of God.
Your playing small doesn't serve the world.
There's nothing enlightened about shrinking so that
other people won't feel insecure around you.
We are all meant to shine, as children do.
We were born to make manifest the glory of God that is within us.
It's not just in some of us; it's in everyone.
And as we let our own light shine, we unconsciously give
other people permission to do the same.
As we're liberated from our own fear,
our presence automatically liberates others.
~Marianne Williamson
I found this poem apropo as an eulogy:
Our deepest fear is not that we are inadequate.
Our deepest fear is that we are powerful beyond measure.
It is our light, not our darkness, that most frightens us.
We ask ourselves, "Who am I to be brilliant, gorgeous, talented,
fabulous?"
Actually, who are you not to be? You are a child of God.
Your playing small doesn't serve the world.
There's nothing enlightened about shrinking so that
other people won't feel insecure around you.
We are all meant to shine, as children do.
We were born to make manifest the glory of God that is within us.
It's not just in some of us; it's in everyone.
And as we let our own light shine, we unconsciously give
other people permission to do the same.
As we're liberated from our own fear,
our presence automatically liberates others.
~Marianne Williamson
Tuesday, March 9, 2010
Shorting Oil - 81.98 stop
Oil is providing a tremendous short opportunity.
They have been producing and producing oil throughout the recession so there is no reason for this glut to go away. Everyone is talking about the Middle East premium, but maybe that's why it's not $30 a barrel. The last time a Democrat was in office was $15 a barrel so keep that in mind.
Traders that shorted gold at $800 way back in the early 80s made a fortune. So did the ones that shorted it after the first spike down. Also, keep in mind that no one even the contrarians are talking of lower oil prices.
The trick is to hold onto your short. I used to say, and it was true, that I got stopped out at THE high of oil. But I know deep down I wouldn't have held on all the way down. The big money is in the long term trend.
4% loss, for 40-80% profit sounds good to me.
They have been producing and producing oil throughout the recession so there is no reason for this glut to go away. Everyone is talking about the Middle East premium, but maybe that's why it's not $30 a barrel. The last time a Democrat was in office was $15 a barrel so keep that in mind.
Traders that shorted gold at $800 way back in the early 80s made a fortune. So did the ones that shorted it after the first spike down. Also, keep in mind that no one even the contrarians are talking of lower oil prices.
The trick is to hold onto your short. I used to say, and it was true, that I got stopped out at THE high of oil. But I know deep down I wouldn't have held on all the way down. The big money is in the long term trend.
4% loss, for 40-80% profit sounds good to me.
Monday, March 8, 2010
IBI HAS NEW WEBSITE
IBI HAS NEW UPDATED WEBSITE www.ibinvest.com
PLEASE GO AND READ UP ON THE COMPANY AND THE PROSPECTS THE COUNTRY OF UGANDA HAS TO OFFER.
PLEASE GO AND READ UP ON THE COMPANY AND THE PROSPECTS THE COUNTRY OF UGANDA HAS TO OFFER.
Subscribe to:
Posts (Atom)
Posts
