Tibis123

This Week's WiMAX News: More Reasons for Optimism

Working for Texas Instruments, I have designed some parts of the chips that enable the WiMax technology. Motorala in conjunction with Sprint perfromed several field test with it and got positive results. WiMax is an amazingly enabling technology and we do have the ability to make it succesful. But it requires hefty inital spending which, I belive, discourages many companies, since they are under constant pressure to report year over year increase in earnings. With several important companies, like Google and Intel, sold on this technology, the cost can be shared, making it easier for companies to commit.

5-1/2 Ways to Make the Market Rally

I am having trouble following people who keep saying let capitalism fix the problem. No economy sees capitalism fix every kind of crisis in a timely manner- None. Capitalism is a viable economic theory (I am sold on that) but you have to understand have been around only for brief period of time. It has not been tested with all possible conditions. In my opinion, capitalism (free market) needs oversight and, when necessary, a patchup. The current state of economy is disastrous to blindly claim capitalism will fix it. Governments around the world need to stay actively engaged and act accordingly even though it means they are acting against the core philosphy of capitalism- for capitalist is what gets us here in the fist place.

Having said, several things are just unsustainable- consumer exposure to credit (not to mention the US governments rising bebt obligation). But it is not the best solution to let the economy all these mishaps at once. We have to help the system stay on a working condition while correcting the US consumer dependence on credit and housing market in the long term. But now, we have to save the economy from going into depression where everybody will hurt (trust me it is painful).

Buy And Hold: Beware the Devil You Don't Know

This is a well written piece about the absurdity of the much publicized buy and hold strategy. I totally understand, through exprience, the difficulty of market timing but I also understand that companies competitiveness and growth opportunity change very rapidly in today's increasingly complex business environment, not to mention business disruption as a result of national and/or global econmic downturn. One must regularily research the company he/she is invested in and act accordingly. On the latest, an investor should review the companies standing in great detail on a yearly basis and make a decision on whether to hold or let it go.

Commercial Metals Earnings and the Domestic Steel Market

Bellard,

First thing first, higher oil price is not necessarily a sign of strong economy. It could be a result of pure speculation as well. At this point, I am very bullish with the steel industry, as you are. Having said that though, I think the demand for steel will remain as strong as it is if and only if the global economy keeps growing. With oil price going up the way it is, no body knows for how long, one can reasonablly conclude it will slow down global growth. That is evident in the US economy right now where different sectors (Airlines, Transportation, etc) are greatly impacted by the price of oil. With slowing economy, the demand for Steel will be weak! You said If oil prices cause the global economy to fall, then oil will fall also... As far as I am concerned, the global economy is already slowing down (led by the US)... and the price of oil is still rising, with no sign of slowing down. I dont disregard the inevitability of demand destruction as the price of oil keeps increasing. But it is very likely that it will get to the point where it cripples the world economy before the demand for oil subsides and the price starts falling.. In short, Oil price rising results in significant global economic slow down (with out necessarily causing the price of oil to fall) and that will most likely translate in weak demand for construction (steel).

Commercial Metals Earnings and the Domestic Steel Market

I agree with the analysis that less steel import to the US will stregthens the local steel industry. What you never bother to mention, though, is the implied assumption that the US economy comes back to life sooner than later. With Oil prices likely to keep surging, it is very important to note that will stifile economic expansion and, therefore, eat away the demand for steel. With the economic back in track, there is a great future for the US steel industry.

When Life Hands You Lehman - Cramer's Stop Trading! (6/18/08)

For all of you Cramer haters... Cramer is the single most resourceful guy out there for individual investors. He provides individual investors with information that would take them longer time to collect. He highly emphasizes the need for doing your own research before acting on it since clearly investor's risk level varies from one investor to another. Most of my investement decision starts from his recommendation, followed by my own research to make the buy/sell decision. By doing so, I am already up 47% since December, 2006... So, all of you Cramer haters, think hard before you come down on him with your tastelessly and baseless comments.