runedge - 19 March 2010 10:42 AM

Eric Landstrom - 19 March 2010 10:08 AM

runedge - 19 March 2010 10:02 AM

Eric and I like to have our conversations in public by the way :  )

That’s not entirely true. For instance: I said nothing about buying calls around 1:00PM to limit down side risk while getting upside potential while recognizing that Monday may be brutal.

Edit: Here comes the President to pump his book. He seems to have glossed that Americans cannot retire of Social Security because Social Security was never intended as a retirement vehicle. As such, Americans must save fore their retirement. This means that increasing taxes limits in amount of money Americans can save and increases the likelihood that more Americans will become wards of the state thereby burdening the remaining workers with additional overhead. Consider for a moment that for long term investors the 15% tax is increasing to 23.5%.

</more ranting>

How come the only group he can talk to these days about health insurance are college students (last two speeches were in front of such an audience)?  Is it because they are on their parents plan and have NO clue what he is actually talking about?  Perhaps?

Because the young and impressionable are the only ones who lack experience and circumspect to not buy into everything they hear. Their soft, malleable little minds all believe themselves to be geniuses and experts but, as you say, they are clueless.

From my perspective they represent serious political risk to the investor class because these young people tend to help create an echo chamber that reinforces the administration’s current path.

TanToday - 19 March 2010 10:49 AM

AMAZON threatens small publishers, Go With Apple, WE CUT YOU OUT

Intel is under a lawsuit for the same thing.

This could be considered Amazon’s way of telling us that the iPad is going to be even more successful than most expect.

lsmith - 19 March 2010 11:26 AM

This could be considered Amazon’s way of telling us that the iPad is going to be even more successful than most expect.

It will be in version that offers more connectivity options or a true tablet OSX.

MacCube deserves to have this on the intrday thread:

MacCube - 19 March 2010 11:31 AM

While reading THIS , keep in mind that Caterpillar is the worlds largest supplier of heavy construction equipment.

Dow Jones Newswires | Caterpillar Inc. said the health-care overhaul legislation being considered by the U.S. House would increase the company’s health-care costs by more than $100 million in the first year alone.
In a letter Thursday to House Speaker Nancy Pelosi (D-Calif.) and House Republican Leader John Boehner of Ohio, Caterpillar urged lawmakers to vote against the plan “because of the substantial cost burdens it would place on our shareholders, employees and retirees.”

It is very possible that if this health care bill passes, that Caterpillar and other companies like them, will move their operations off-shore in order to stay competitive.

 

[Deleted and moved

Eric Landstrom - 19 March 2010 11:36 AM

lsmith - 19 March 2010 11:26 AM

This could be considered Amazon’s way of telling us that the iPad is going to be even more successful than most expect.

It will be in version that offers more connectivity options or a true tablet OSX.

The current iPad OS may be called “iPhone OS” but on the iPad it is actually a lot different than on the iPhone (look at iWork and other apps and what you can do with them). It is already a true tablet OSX. The “iPad == big iPhone” statement will be increasingly recognized as incorrect as soon as more people actually work with the iPad. Looks like something on which to base an investment thesis….