PosFCF’s Activity

Yesterday

NL

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PosFCF replied to the Macro Economic Trends and Risks board. 9:38 PM

Re: Greek drama fooling the audience

Actually, I think a "truth in lending" law was passed a number of years ago requiring that disclosure. So, if you finance a car, and go through the pages of fine print, you can find out how much you are really going to [more]

NL

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PosFCF posted to the Macro Economic Trends and Risks board. 6:10 PM

DOW Theory

In a nutshell, if the US economy is humming along, then the Industrial sector is producing goods and those goods need to be transported. Therefore, in a humming along economy, both the Industrials and the Transports will be moving together in a lower [more]

NL

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PosFCF posted to the Macro Economic Trends and Risks board. 12:14 PM

Hedge Funds to take Greek bath?

Panic Sets in Among Hardy Hedge Fund Investors Remaining in Greece

But the question of what happens when the markets do open is particularly acute for the hedge fund investors — including luminaries like David Einhorn and John [more]

NL

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PosFCF replied to the Macro Economic Trends and Risks board. 9:10 AM

Re: Greek drama fooling the audience

As an aside, in finding these links I ran across this quote in the Wikipedia article:
"Nobel Prize-winning economist Paul Krugman writes, 'It’s true that Greece (or more precisely the center-right government that ruled the nation from
[more]

Sun Jun 28

NL

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PosFCF replied to the Macro Economic Trends and Risks board. 10:14 PM

Re: Greek drama fooling the audience

What is stunning to me the nobody is explaining the obvious:

Which, when one follows the money, might be that Germany is taking the hard line in order to keep the drama going to keep the Euro weak.

Meanwhile looking like the [more]

NL

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PosFCF replied to the Macro Economic Trends and Risks board. 7:18 PM

Re: Greece to close banks & stock market

And so it begins. Where will it end?

Don't know about endings, but potential benchmarks along the way:


Greece survives a la Iceland

Confidence in Central Bankers is a bit shaken.....kind of like that tiny [more]

Sat Jun 27

NL

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PosFCF posted to the An Open Letter board. 10:15 AM

An Open Letter

If I had any remaining illusions about being a "young" ZZ years old, they took a serious shot this morning when I got a birthday card from my Pharmacy.

Thanks, guys! Appreciate (and know personally) every one of you who signed the [more]

NL

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PosFCF replied to the Political Asylum board. 10:04 AM

Re: Briston Pailn Abstinence Advocate Pregnant A

It's no wonder decent God fearing Presbterians are leaving the Church by the thousands. They're fed up with the hypocrite preachers in the pulpit.

Or, regardless of denomination, it could be the Sunday Holy-for-an-hour and [more]

Thu Jun 25

NL

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PosFCF replied to the Macro Economic Trends and Risks board. 1:41 PM

Re: Taxes Don't Matter?

Like a lot of things, I think Texas gets a bad rap from a vocal minority of nut-jobs.

The problem is, y'all elect them and then foist 'em on the rest of us! /humor

Tue Jun 23

NL

Boards Post

PosFCF posted to the Macro Economic Trends and Risks board. 1:03 PM

Markit--US PMI drops, lowest since Oct 2013

Markit Flash U.S. Manufacturing PMI™
U.S. manufacturing PMI drops to its lowest since October 2013


Key points:
June data points to weakest improvement in business conditions for over a year-and-a-half
Output growth
[more]

Mon Jun 22

NL

Boards Post

PosFCF replied to the A Place for TA Talk board. 1:06 PM

Re: Looking for puts...in all the wrong places?

I'd be interested in hearing how you do. Maybe I'll paper trade with you. Do you mind giving me an estimate number of contracts you have?

For this strike, expiration and company 30 CLX.

Poz

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 1:01 PM

Re: MERKEL's GREEK WEEKEND

And somehow, in spite of being inequitably low, result in the wealthy paying an absurdly disproportionately large share of the national income tax relative to their share of income.

Perhaps that's because the income of the 99% is [more]

NL

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PosFCF replied to the A Place for TA Talk board. 10:57 AM

Re: Looking for puts...in all the wrong places?

iborg

What I will and do do, is trade inverse ETFs. For example, if a bear market is confirmed, then stocks like DOG, SDS, SH, SQQQ, etc., will be where I head. Right now I hold FAS; it's doing pretty well, as is KBE [bank index], and [more]

Sun Jun 21

NL

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PosFCF replied to the Macro Economic Trends and Risks board. 12:17 AM

Re: $1 Billion in Gold Reserves Back to Texas

$1 billion in gold eh?

That pales in significance compared to the Texas state appropriated 2014-15 budget of $200.4 billion.


Kinda like the debt to US net tax collections, after current bills are paid, pales in comparison to [more]

Sat Jun 20

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 12:27 PM

Re: $1 Billion in Gold Reserves Back to Texas

Nobody said they were going back to 1972 or a more recent time.

And neither did I. The official price is not $35/oz it is $42.22, which is what I was pointing out.

I take the gold. The US $35/oz is what they [more]

NL

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PosFCF posted to the Macro Economic Trends and Risks board. 9:19 AM

So how much money are they talking?

The following paragraph has been on the FOMC statements since before the end of taper. Does anyone know how much per month, year this amounts to? I've listened to a few of the Yellen post-FOMC meetings (but not all) and haven't heard a reporter ask [more]

Fri Jun 19

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 8:57 PM

Re: OT?--Price to Book large cap companies

My OP was a short-cut way to approximate things. It may not be of any value for you.

Confused the heck out of me as it came across as a non-sequitur.


But it is not a non-sequitor....what is the price to book value of an [more]

NL

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PosFCF replied to the Macro Economic Trends and Risks board. 4:45 PM

Re: Hercules to file Pre-Pack Bankruptcy

Hercules was, at one time, one of my largest holdings....just post the BP Macondo well blow-out in the Gulf of Mexico.

I, too lost a LOT of money on HERO. It is of no solace to know that, but it is true nonetheless.

If you still own [more]

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 4:35 PM

Re: OT?--Price to Book large cap companies

I also fail to see the connection between stock price and shareholder equity. I think I must be missing something. Maybe an example would help, Poz? I am a KMB shareholder so obviously I'm interested in this topic, but I just don't see how the two [more]

NL

Boards Post

PosFCF replied to the Macro Economic Trends and Risks board. 3:39 PM

Re: $1 Billion in Gold Reserves Back to Texas

I pay them US $35/oz, the official US price for gold.

I think you need to keep more abreast of "official" gold price determinations. The number you're looking for is:

The gold standard price of gold was raised [more]

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CAPS Player Rating 58.93
Player Rank 30892 out of 75213
Score 1219.15
Score Change Today -5.00
Accuracy 36.64%
Active Picks 16
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Best Pick BEXP.DL (+1089.55)
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Boards Stats & Trivia

Big gold star, 5000 posts Top Recommended Fools Old School Fool
Board Posts 7860
Recs Received 37681
People who have rec'd these posts 2039
Recs to Posts Ratio (last 30 days) 21.60
Threads Started 688
Threads Started Percentage 8.75 %
Most Frequent Board Macro Economic Trends and Risks
Very First Post Re: Asian Bail out coming? (9/2/1998)
Percentage of Posts Rec'd 71.34 %
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