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$4 gas sends Wal-Mart, Costco up; Limited down {BloggingStocks}
Aug 7th 2008 10:58AM I saw the The Limited Brands (NYSE: LTD selections and most of the clothing is black and white. No one was in the store but my girlfriend and I and she, a clothing shopping addict, wanted to leave now! She said, "Where are all the neat clothes they had last year?" "All the clothes looks like the other store (Black and White.) We left !
Eastman Kodak's Q2 reminds me why I hate this stock {BloggingStocks}
Aug 2nd 2008 8:46PM Famous maker of photographic equipment and supplies Eastman Kodak (NYSE: EK) reported earnings for the second quarter earlier this week, and they have not changed my opinion whatsoever on the stock. The shares are to be avoided at all cost.
First of all Kodak no longer makes photographic equipment. Other manufacturers are making the equipment now and Kodak just puts their name on it. Kodak used to make film, paper and chemistry, but that very large revenue stream is gone. Noritsu and Fuji USA are now the companies making this photographic equipment and Fuji USA made better film than Koadak in years past. Koadak started the Digital revolution for cameras because they needed a revenue stream and then the other manufacturers came on board and made BETTER Digital cameras. Kodak no longer makes anything and if they did it would be made in China. Kodak is on its way out.
Bernanke wakes up late from a dream {BloggingStocks}
Jul 15th 2008 2:06PM Raise interest rates to 5% as 90% of these problems will go away. Dropping rates to 2% caused all of the above problems in the first place. Saving 1-2% of the bad mortgage deals have now affected the other 98% of the good mortgages by driving up inflation to 15-20% per year when all factors are included. The FED really made very BAD choices when they lowered interest rates. BAD, BAD FED !
Baum: Stagnant housing sector needs drastic action ... such as lowered prices {BloggingStocks}
Jun 19th 2008 1:21AM VERY few people can afford a $ 700,000.00 to $ 500,000.00 house today. These over priced homes are simply not affordable anymore. Many of these homes were selling for $ 150,000.00 to $ 200,000.00 in 2000. After these home tripled in value in 6 years, the bottom fell out of the housing market and these homes are no longer worth the prices people are asking. ALL HOMES ARE DEPRECIATING AT THIS TIME AND WILL CONTINUE TO DEPRECIATE FOR THE NEXT 3 TO 5 YEARS UNTIL PRICES BECOME "REASONABLE" AGAIN ! Are you going to buy a $ 300,000.00 home that will only be worth $ 200,000.00 in 2 years? Real affordable home prices are NOT here yet.
Should U.S. offer tax rebates to offset oil costs? {BloggingStocks}
Jun 8th 2008 2:45PM PLEASE...! We actually need gas to cost $ 5.00 a gallon. This price will force about 20-30% of cars off the roads. It will solve a lot of freeway congestion problems. It will also force the Post Office to stop Saturday mail delivery, which we do not really need anyway. This would save billions of gallons of gas, just by doing this one thing. Of course postal rates would drop because the post office driver will work 5 days a week instead of 6 days a week. STOP buying water in bottles. It takes 14,000,000 barrels of oil per year, to make the plastic bottles, to put tap water in and the savings of not buying water like this, could drop 25-35% of your monthly gas costs. Wake up and drive 55-60 miles an hour in your car. You will get 45-65 miles more driving, per tank fillup. We are already paying billions to buy millions of gallons of gas to fight the wars in Iraq and Afganistan. The people in these two countries have been fighting each other for THOUSANDS of years and they are NOT going to stop just because we are there. We need to bring ALL the troops home to protect our own country...
Consumers sulk as inflation devours their stagnant income {BloggingStocks}
May 31st 2008 10:15AM Quick note: The FED, by lowering interest rates have fueled BIG inflation pressures everywhere. They, the FED have made a huge mistake and they now know it, but most of the FED higher ups make a lot of money and this huge rise in gas prices DO NOT effect them. They make to much money. I rent, do not own a home and had a nice CD that was paying an extra $ 500 into my pocket every month. I still have the CD, but it now pays only $ 140 dollars a month to me. The FED doesn't care about the other 95% of all Americans who do not have Mortgage problems but the FED is now stealing our savings interest to help the other 5% of walkaways who will walk away from their mortgages anyway. If the FED had left interest rates at 5% this mortgage crisis would have been still painful but it would have worked its way out after a few years.
Windows 7 on the way: Hey, Bill- why not get Vista working first? {WalletPop}
May 29th 2008 11:35PM I own WINDOWS XP-32, XP-64, VISTA-32 & VISTA-64.
I have 4 hot swappable SCSI drives, so I can choose any of these 4 OS's in less than 5 minutes. The one that is the best, with the least amount of trouble is XP-32. The newest one coming in 2010, WINDOWS 7, that is suppose to have a touch screen ability is quite stupid as I tried to spend an hour moving my hand over the screen in an attempt to simulate how I would use the touch screen method and found that after 10-12 minutes, my arm was aching and my fingers were going a little numb. THIS is what I have to look foreward to in WINDOWS 7? I had to also use windex to clean the screen from my greasy fingers too. I will no longer purchase a NEW OS from Microsoft, unless it has verbal speech recognition to run everything.
Some good housing news from California {BloggingStocks}
May 20th 2008 5:23PM "What we're not grasping yet, as a nation, is that even with programs to help people stay in their homes and avoid foreclosure, the public's stance toward the housing market has changed," Langan said. "The psychology of the housing market has changed. And this has little to do with at-risk mortgages. This a psychological shift among middle-income and upper-middle-income homeowners and taxpayers. It looks like they'll be sitting on the fence for a long period of time, and this will delay the housing recovery, hurting the economy in the process."
What's at the root of the psychological shift? Langan said factors that clearly indicate that tougher economic times are here and up ahead (higher oil prices, food prices, job lay-offs and little or no U.S. economic growth) combined with high home inventory levels -- about a 9.5- to 10-month supply at current sales rates -- telegraph to Americans that, unless you live in an oil boom town, median home prices are not going to recover any time soon, "not this year, and probably not in 2009." (6 days ago)
Some good housing news from California {BloggingStocks}
May 20th 2008 4:23PM Every Marketer, Broker, Bank Mgr, I can go on and on..... , Tells me the Housing Market is not too bad and it is beginning to turn around, when in FACT, it is still crashing and housing prices will continue to drop for the next 2 to 3 years. Folks, you ain't seen nothing yet. As long as energy, ( GAS ), is increasing DAILY, the dollar will continue to lose value and inflation will rise fast. When interest rates were cut by the FED, THIS FIASCO began. Rates will rise pretty soon and the stock market will lose value, BIG TIME. Like I said, you ain't seen nothing yet!
How Washington can cut gas prices fast -- and why it won't {BloggingStocks}
May 9th 2008 1:09PM ACTUALLY...... Looking back at 1978, gas was $ 0.50 cents a gallon and nice cars cost $ 5,000.00.
GAS is now at $ 3.75 GALLON and nice cars cost $ 38,000.00. I think OPEC thinks that if Americans can afford $ 40,000.00 cars, they can afford $ 4.00 a gallon gas.
GAS is going to continue to rise until Americans get rid of their huge SUV's and any car that weights over 2,500 lbs. If that doesn't work..., get a second job to pay your fuel costs. By the way driving at 55 miles per hour saves anywhere from 25 to 40% of the fuel in your tank, so you can drive much farther on a tank of gas. I drive 55 miles an hour on the freeway and get to my destination only 3 to 4 minutes later.
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