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Welcome, mike shutt

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Total number of posts:116
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106
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Joined on 11/30/2006

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Latest DispatchesCOMMENT

Dow off 131 after European debt worries...

good lord   a little econmics 101   Stock prices declined on the increased value of the dollar.    Bad News: Your stock portfolio is worth less  Good News is your dollars are worth more.   Why is this: because your government may have its problems but its alot better run than Greece Italy or Belgium.   Strangely en...more
5/23/2011
Latest DispatchesCOMMENT

Stocks plunge as S&P lowers outlook on U...

ok reality time   our credit outlook got cut because congress is screwing with the debt ceiling. We are in effect saying we might choose NOT TO PAY OUR BILLS so we got an outlook downgrade.   Look I am all for reducing the debt thats a great idea    but not paying our bills is a terrible idea and costs us billions ...more
4/18/2011
Real Estate CommentsCOMMENT

Default Title

first of all this article is a joke    gauging natural disasters on a 20 years of data is just dumb. Secondly if you are near the ocean  you get storms, surf and the ocassional Tsunami. I have surfed all my life and I never live on the beach.       Now lets talk about safe   use your brain, have a plan for what is ...more
3/26/2011
Latest DispatchesCOMMENT

Stocks drop on jobs data, Fed forecast

We make this sooooooooooo complicated and politicized.  The economy is recovering end of story. If you are unemployed you probably want a job but probably dont have a truly marketable skill in a growth industry.   The government can not really change these facts much and any politician that tells you they can is ful...more
1/7/2011
Exhaust NotesCOMMENT

The Chemistry Is Gone

I have a life which means   Sometimes I need to lock 2 mountain bikes in my car or 3 surfboards or take the dogs to the beach or actually get the back of the car clean after doing all the above or drive someting you can actually park in those little spaces at the beach   I am also 6' 4 and 55 years old ...more
12/5/2010
Top StocksCOMMENT

Why investors are leaving the market

Most investors invest based on emotion    now they are afraid so they sell    sometime in the next couple of years the job numbers and other growth indicators will start to turn around and eventually   investors will feel good  and buy stocks but they will be too late   If you look at most corp valuations they have t...more
8/26/2010
Latest DispatchesCOMMENT

Attention turns to HP's board

folks anyone that knows about Mark Hurd knows he is a very ruthless CEO   Even compared to otehr CEOs    He has cut personnel very quickly shipped all sorts of jobs overseas and fuels growth with a constant cycle of Merge and downsize.   Only problem  there is very little future in that approach.   Honestly name one re...more
8/11/2010
ArticleCommentsCOMMENT

Household wealth: Which countries with t...

OK folks    lets have a little reality   why do companies hire workers?   becuase they can make a profit on their work      in other words sell goods and services.  So why do we have high unemployment      becuase the real estate crash sucked 8 trillion out of our economy in one or two years. The feds have added about ...more
7/10/2010
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