MUSIC
What I've been up to
Posted August 21st, 2008 by manystrom in
by Michael Nystrom
Editor
www.bullnotbull.com
www.dailypaul.com
Dear Friends,
If you had told me two years ago that today I'd be a registered Republican, and an alternate delegate to the GOP convention in Minnesota, I would have called you crazy! If you recall, back in October 2006, I was advocating voting for "Gridlock."
At the time, Republicans controlled the White House, the House and the Senate! I was terrified of what two more years of that would look like, noting,
What happened the last time we had Kissinger, Rumsfeld and Cheney in the same Whitehouse? Does politics provide any hope whatsoever?
I suppose that was the question that began my strange and wonderful journey. By some kind of miracle, Democrats took control of the Senate (by one seat!) and the House. Not that I was a Democrat, but they were supposed to be the opposition party. (Does anyone remember that concept?)
Apple Short Update #3 and General Market Overview
Posted July 25th, 2008 by manystrom in
By Michael Nystrom | July 25, 2008
Back on June 2nd, I suggested (for entertainment purposes only) that gamblers might want to take a crack at shorting Apple's stock. At the time, Apple was trading around 186, and some called me crazy for wanting to short a stock in an uptrend. This was, after all, Apple, seller of the most popular technology products on the planet. But I had my reasons, and as I said it was a gambler's play. Which is to say that it was a calculated risk with a tight stop - the only kind of play a responsible gambler should make.
Apple drifted down slowly for a month an a half until the day I was waiting for: earnings. The stock took a big dive down to 147, before recovering smartly. As noted in the previous article, our target was in the 145 - 150 range, so we made out with a tidy profit of close to 20% in about a month and a half.
Mission accomplished, but what's the story on the stock now? Should we go long, short or just leave it alone? First let's review Apple's "story" and then take a look at a super long-term chart and see what we see.
Depression2.tv is Back on the air
Posted March 21st, 2008 by manystrom
Dear Friends,
After being off the air for some time, I've decided to fire up Depression2.tv again. It seems about time. I'll continue to update the daily news links on this site, but for my latest articles, please visit me at: Depression2.tv.
Thank you and good luck.
Michael Nystrom
Editor
www.bullnotbull.com
www.depression2.tv
Orwell Rolls in His Grave
Posted March 19th, 2008 by manystrom in
After watching this, if you have any solutions, please post them below!!!
Is the Worst Over for Stocks?
Posted January 25th, 2008 by manystrom in
Is the worst over for stocks? Robert Prechter's short answer (above) is "NO." His long answer is compelling, extremely interesting and includes insights into what you should be doing NOW to prepare for what's still to come. For the long answer, join his free economics & financial community, Club EWI.
The sign up link is at the bottom of this post, after my full disclosure notice:
It’s Time to Protect Your Wealth
Posted November 12th, 2007 by manystromby Charles Zentay | November 9, 2007
ThinkInvest.Blogspot.com
What if the wealth we've created (and you've earned) over the last two decades was simply us “perceiving” ourselves to be richer? What if the U.S. economy wasn't driven by technological innovation and globalization but rather it was pushed up by the increased assumption of debt relative to GDP? And what if that increased debt drove asset prices higher and made us “perceive” ourselves to be richer, causing us to spend more even as we didn't create true wealth? And what if everyone figures this out before you do?
You've worked hard to build up your wealth, but it's now under more threat than you can imagine. Why? The stock market could crash 10-20% any day now (I'll explain throughout this article), but selling into cash and holding dollars leaves you exposed to the threat of inflation and stuck in a currency that is falling 10-20% a year. What can you do to protect your life's work?
