People Are Still Scared!

Disclosure: Was long BNI, as I sold my position on todays news. So Buffett does a mega deal today with Burlington Northern today. And then Buffett goes on and says how he is making a bet on the American economy. I guess it is sort of like that sound bite that Buffett did last year on how he liked...

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My Perspective on the Doomsayers!

I watched Cramer on Friday and I listened to his talk, “One Year Later”, and I have to completely agree with him. But yet we have gone up and down, and on CBC comments like the following are written. > There is no recovery. the crash is imminent. > stock up on supplies and food. > the end is...

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Is the Economy Failing?

I had an interesting conversation with a good friend yesterday. He said the following to me: > “You know Christian how they cut people off at the legs last year with no warning, well we are so busy right now we don’t know what to do with all the work.” He then continued and tried to rationalize why...

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TomTom Down 28% What Happened?

I have had a very rough time with GPS navigation devices. When TomTom dropped by 28% even though they had good earnings I wondered what happened. I checked in my email box and saw the problem was that Google is giving away its GPS turn by turn application. Really? Interesting especially considering...

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Why I Don’t Invest in the Drug Makers

Today and yesterday on CNBC I keep hearing about how managed healthcare and price controls on drugs are going to spell the end of research today. It is a very very tiring argument. My sister about fifteen years ago dated a PHD student that was a cancer researcher and he told me an interesting...

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Fast Money’s Call on Intel is Misguided

Disclosure: I am long Intel, sold my position in AMD for a profit about a week ago Fast Money was saying, “oh look at that high volume on Intel and look it failed.” According to them this is bad news. I hate when people make these calls based on what they “think”. I will admit I trust my numbers...

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An Honest Question On Obama and his Prize

Don’t get me wrong, I like Obama. But to get a peace prize? For what? As the Washington post said, What about Clinton? He actually did something. Again I like Obama, but many people on this side of the pond were saying to me, “Really for what?” Maybe expectations? > "And (the) Nobel Committee, I...

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An Honest Question On Obama and his Prize

Don’t get me wrong, I like Obama. But to get a peace prize? For what? As the Washington post said, What about Clinton? He actually did something. Again I like Obama, but many people on this side of the pond were saying to me, “Really for what?” Maybe expectations? > "And (the) Nobel Committee, I...

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