Here is the latest conversation I had with money manager Andrew Horowitz…. new insights for anyone who invests in anything. This week we look closely at the charts, the EU and deconstruct the new Bull market.

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  1. Taxed Enough Already Dude says:

    Until it goes down down down!

    Do you really believe this administration will do what is necessary for the economy to prosper?

    On the contrary, it appears he is purposefully doing precisely the opposite…but making it appear its pleasing the left wing strategy…

    When in reality he is using progressives to accomplish far different goals.

  2. Guyver says:

    Taxed Enough Already Dude,

    Do you really believe this administration will do what is necessary for the economy to prosper?

    As much as I don’t like Obama’s way of doing things, Presidents have very little control over the economy. Otherwise no outgoing President would leave office with a down economy.

    Their main influence are their tax policies which have a delayed effect.

  3. StillWalkingPoint says:

    #2 Guyver;
    Presidents have a lot of power. They have the power to restore confidence in the economy and the United States as a whole. What US Presidents lack is fortitude to face off with the banksters and their own corrupt buddies and jail the crooks.

    http://killthebanksters.com

  4. Taxed Enough Already Dude says:

    #2 An announcement of renewed oil drilling WITH actual permitting of the over 100 projects his regulatory agencies, would have an immediate impact on speculation on oil price.

    Being “born again” on drilling here, drilling now, opening up the coasts and Alaska as well as UTAH, would cause the world oil price to plummet.

    THAT would stimulate the world economy like nothing else can…and lower food prices to poor nations, resulting in less social unrest.

    Everything would be better.

    But he won’t do it, he wants the system to collapse…for a “better” George Soros world…for an American dream that is actually a nightmare if you love freedom.

  5. Metis says:

    Har!

    Tea Party Shills versus Republican Party Shills.

    Now where did I put that popcorn? Munch, munch…

  6. interglacial says:

    Inflation causes the price of everything (including equities) to go up up up.

  7. Dallas says:

    The solution is to ween the American sheeple off the Saudi-Bush oil tit , not some hairball bandaid to affect oil futures with new drilling.

    First, it’s a fucking hairball of an idea left over from 2007. Second, we already have a surplus of oil and that has done shit.

    Obama is about a cure, not a bandaid. The Saudi-Bush oil cartel needs to be stopped and the sheeple need to suck on a green energy tit.

  8. Guyver says:

    StillWalkingPoint,

    Presidents have a lot of power.

    It Ain’t the Economy, Stupid: http://tinyurl.com/4q9dzuw

    7, Dallas,

    Obama is about a cure, not a bandaid.

    Sounds like you’ve been drinking some pretty good Kool-Aid.

  9. GregA says:

    Hey, it seems like this blog should cover the cops that busted the girl scouts for selling girl scout cookies without a permit in Georgia. Seems like it would fit in here.

  10. chris says:

    The e-brake changes the point that the car rotates around. Traditionally this is roughly in the center of the car. You want the car to rotate around the center of the front axle.

    It is an easy turn, but takes some practice to do regularly. The exact duration of the moves are going to vary from car to car, so if you plan on using this outside of a big parking lot you’ve got to practice in your own car.

    There are two variants, the simple 180 where you end up traveling in the opposite direction and a more complex and usable version where you end 45-90 degrees off of starting orientation.

    Easy one first(to the left, more useful on non-UK roads).

    Starting from a stop. Hard start, maybe 60% of the way to a full drag launch. Once the car’s weight transfers to the rear end turn the wheel to the right(in the OPPOSITE DIRECTION from your intended direction). Just for a fraction of a second, and then hard turn back to the left.

    Pull the e-brake, making sure you keep the button pressed, and then push it right back down.

    The point is to put more of the car’s weight over the rear wheels, and then break traction for those wheels.

    As long as you don’t hit the gas, assuming a rear-wheel drive car, you shouldn’t end up going past 180 degrees. If you don’t give it enough speed or strong enough inputs you’ll end up a bit short. This is fairly consistent once you get the moves down.

    It gets more complex if you want to do a shallower turn while moving. To initiate the skid you do all the same stuff described above, but limit the rotation using very slight brake inputs.

    If the car starts to over-rotate you’ve got to snap the wheel back into the opposite direction to the turn. This will allow the front end push further into the turn until the rear tires regain traction.

    Keep in mind that at the end of the turn you’re going to be traveling at a much lower speed. Once you initiate the turn it is also possible to do a double-clutch downshift at the same time so to end the turn still in the engine’s power band.

  11. moss says:

    Yup, Yup. Obama’s really screwed-up the market. I’m only up 352% since his inauguration.

  12. Elmer Fudd, Armed to the Lithp says:

    #10 chris

    Meth…

    …Not even once!

  13. Taxed Enough Already Dude says:

    #7 Obama is about a cure, not a bandaid

    He’s already celebrating the collapse of America:

    http://realclearpolitics.com/video/2011/02/25/obama_first_lady_get_their_groove_on_to_motown_hits.html

  14. Dallas says:

    #13 No Alfred, I mean Taxed Enough Already Dude. …OK to shorten that to TeaDude?

    TeaDude,
    America is not collapsing and the end is not near. Obama is celebrating Moss and the rest of the 5% US populations wealth increases due to his policies to reverse the Cheney administration meltdown.

    However, he knows that 5% of wealthier American population buying shit will not lift the economy. Moss will buy an iPAD or two but we need MILLIONS of people buying.

    He also celebrates because the recession recovery is in sight and government spending will return to equilibrium with revenue.

    Note the smart people know that the deficit has all to do with lack of a tax revenue base because sheeple have not been buying are unemployed paying no taxes. Right?

  15. Taxed Enough Already Dude says:

    #14 Incorrect…the states are bankrupt…there will be massive layoffs which will hurt businesses that supply them with goods…

    The US Government is bankrupt…the Fed is papering that over…but the world won’t allow it forever…in fact, there are rumblings they will soon reject the dollar as a sound currency.

    When that happens, its Zimbawe time, your money will be worthless.

    We need to defund all military operations overseas, bring the troops home, repeal Obama care and everything he did since taking office, and what Bush did since 2001…

    THEN the budget will be in the black…and paying down debt, even with today’s tax revenues.

    THAT is what any family would do when their credit is maxed out…they would stop spending money…

    UNLESS they wanted to self destruct…which brings us to the rational for Obamas massive budget…its all about destroying America…

  16. Taxed Enough Already Dude says:

    AND trillions of tax dollars are just waiting for us, drill baby drill.

    Also all the BLM land the Government took over, sell it back to the states so they can exploit them.

    Slash all the unconstitutional crap progressives added to the Government since the 1930′s…Calvin Coolidge did that, and it created the roaring 20′s…

    Until Hoover started manipulating the market, and it crashed. He was listening to progressives, statists…never a wise thing to do.

  17. nicktherat says:

    wow, jcd shouldn’t do na before a dhunplugged

  18. JoaoPT says:

    Nice you found Madrid fun.
    Just FYI: Spain got really PRO milking EU’s money.
    They had special offices in every municipality helping people to put through with success applications for EU subsidies.
    Portugal (my neck of the woods) not so. Yes money was milked alright, but went for some not for all…
    Corrupt officials made it hard to access the money, or even impossible, just so they could get it through the use of shills…
    Yet, some concrete, steel and tar managed to get to the inrastructures… but for sure a lot people made their Villas, bought their mercedes, Beemers and Ferraris…

    Just my tiny little rant…
    Nice you liked the tapas… I like Madrid too…



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