Recent Content by richrf

  1. Average down disaster

    Hi everyone, Just wanted to let everyone know, who is watching this thread, that my buy on large dips strategy, is doing very well. Currently...
    Post by: richrf, Apr 9, 2009 in forum: Risk Management

  2. What the hell does Bernanke & Co. mean by "all available tools"?

    Yep, and currencies all around the world lose value. So who really gets ripped off? Savers, fix income folk, ... despicable. And meanwhile the...
    Post by: richrf, Dec 18, 2008 in forum: Economics

  3. What the hell does Bernanke & Co. mean by "all available tools"?

    Agreed. We are giving more money to the thieves.
    Post by: richrf, Dec 18, 2008 in forum: Economics

  4. What the hell does Bernanke & Co. mean by "all available tools"?

    Leverage, credit default swaps (insurance any any diddly stuff that the institutions felt like insuring in order to make a quick buck), credit...
    Post by: richrf, Dec 18, 2008 in forum: Economics

  5. What the hell does Bernanke & Co. mean by "all available tools"?

    What happened over the last 10 years was that the American people borrowed hundreds of billions of dollars from "savers" all over the world, and...
    Post by: richrf, Dec 17, 2008 in forum: Economics

  6. Where does destroyed wealth go?

    In truth, all kinds of wealth are market determined. Now, most people would say that the most static wealth is cash. You have that dollar bill,...
    Post by: richrf, Dec 16, 2008 in forum: Economics

  7. I am now SHORT the market

    Market is poised to decisively break through important resistance levels. Shorts will capitulate. Longs will get more aggressive. I am letting my...
    Post by: richrf, Dec 16, 2008 in forum: Chit Chat

  8. Madoff Losses are too big to fail

    He'll go to jail. He stole from the rich. That is a no-no. Stealing from the poor, middle class, the worker is O.K, since all the rich do that....
    Post by: richrf, Dec 16, 2008 in forum: Chit Chat

  9. Sobering analysis...

    The saving grace is that the whole world is going to have to implement very aggressive fiscal stimulus to save their own hide. I think that there...
    Post by: richrf, Dec 16, 2008 in forum: Economics

  10. Sobering analysis...

    It's a good analysis, however, I think that Shilling spent a lot of time underscoring the current issues (which have already been well spelled out...
    Post by: richrf, Dec 15, 2008 in forum: Economics

  11. Worse than the Great Depression

    The issue is not the American worker, but management, that entrenches itself into a position, enriches itself by using short-term strategies that...
    Post by: richrf, Dec 15, 2008 in forum: Economics

  12. Worse than the Great Depression

    Totally agree. I would never bet against the American people, once they decide to put their shoulders to it. This country is turning around....
    Post by: richrf, Dec 15, 2008 in forum: Economics

  13. Madoff Losses are too big to fail

    I think the consequences of a failed manufacturing base in the U.S., e.g., where we are no longer producing our own autos, have a more longer term...
    Post by: richrf, Dec 15, 2008 in forum: Chit Chat

  14. Worse than the Great Depression

    While I was very pessimistic about our economy over the last 10 years, primarily because of the rising debt/GDP ratio, the ever widening wealth...
    Post by: richrf, Dec 15, 2008 in forum: Economics

  15. If dollar goes down, does Dow go up?

    Dollar down increases costs of imports (.e.g. oil), but also makes it easier to export. It adds dollar risks to foreign investments in the U.S....
    Post by: richrf, Dec 15, 2008 in forum: Economics