Questions asked and answered by LEODOLLAR
- Q:
Letter to Mr. President George W. Bush,
Mr. President,
I would like to start off saying I truly respect your position as chief
commander. I am, in no means here to disrespect you or your authority. I am
here, as a taxpayer, to share with you my frustration.
I would like to present some background beforehand. I am originally from
Brazil. An immigrant who grew up listening to American music, and watching
Hollywood movies. I remember when I was a kid, trying as hard as I could to
learn English so I could make my family proud, and be able to translate American
music. Approximately 8 years ago, I landed in the United States of America with
a tourist visa because I believe (d) in the dream. I have tremendous respect for
the US, and the people that here live. I believe Americans are hard workers. I
decided to make US my home, and began working towards that. As an immigrant, I
refused to stay here, and live off the benefits of the government becoming
illegal (This letter is not to attack illegal- this is a topic for another
discussion that makes me wonder. US is capable of devastating Iraq, but cannot
control its borders…). I wanted to contribute for the growth of this nation, a
nation where I could raise a family safely (my father was murdered in Brazil),
and be proud of. Currently, I am working on my green card; so far, I have spent
10K to earn it. I also spent 10K+ towards my education….
Mr. President, as you can see I believe the American dream. No matter what
people tell me or how discouraged they look. However, the past 6 months have
been a bumpy road for me, and my investments. Some background on that:
- in the past 6 months, both my 401K and IRA have lost 8K combined
- in the past 6 months, my portfolio lost 10K
- in the past 6 months, I still managed to pay extra payments on my mortgage
As far as my 401K, IRA, and portfolio at first, I believed the loss was a
consequence of my immaturity on investing. Then, I observed my colleagues of
this forum also concerned, and I concluded it was not only my fault. I question
you Mr. President: How should I face my wife, and explain to her that the major
provider of the family is failing to build a solid future for the family????
As far as my mortgage, I was able to manage it because I come from a poor
country (Brazil) where money is scarce. I like to compare the Brazilian
mentality to those who lived during the great depression of 1929/ 1930: where
people save, then buy.
Mr. President, the point that I am trying to make here is: why, myself, and
ordinary people like myself need to face this? The US is a capitalist nation, so
why the bail out? People ought to be responsible for their actions. We need to
change the mentality of those who spend more than they can afford.
Mr. President,
My suggestions may be naïve, but that is what I love about US. The freedom of
speech. I have been brainstorming for a while some things and would like to ask
for your opinion:
1) Why don’t we end the war, and have Iraq pay us for us freeing them? They
can pay with oil or some raw material. I see four benefits by doing so
a. Our troops will finally come back- and relieving those who have relatives
fighting for us (THANK YOU)
b. We can save money by NOT spending more
c. We can send our companies there for reconstruction (FLR, FWLT) of that
nation
d. We can be repaid in oil- This will result in taking the stress in our pumps,
meanwhile congress approves a plan for a fund to invest in alternative sources.
Therefore, when Iraq finishes paying, we already have a plan B
2) Why the golden parachute?
3) Since the bail out is our only alternative, I question:
a. Why don’t you, the government, sell these homes that are being held by
banks NOT to investors, yet to us, ordinary people. Let us make some money off
this. Why don’t you come to us, ordinary people that pay our bills/ taxes, and
offer these homes for a low low mortgage? This way, we can rent it out, and make
some money as well.
PS: My sincere apologies if I did not use the proper greeting towards the
President, yet my vocabulary is limited. I am not an economist, engineer, or
lawyer. I am just a guy with BBA trying to make a living in US.
Mr President,
I am not asking you to look after us, instead, give us the tools we need to
achieve the American dream.
Pickers,
I am sorry for sharing this in this forum, but I did not know how to make this
letter delivered to our commander in chief.
May God Bless America -
Asked by leodollar -
10 days ago -
5 answers -
49 views
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A: You talk of controling borders. What do you think this country will look like if every
person in the world traveled here on a tourist visa and never left. What's the differance
between climbing a fence, swimming across a river or sneaking through a tunnel. There is
alot of people all over this world that want to become americans. They apply and go on a
list. They don't come here under the guise of a tourist. more - Post your own answer
- Q:
NUCOR- I do not want to defend this stock too much only because I own it. While
some are dumping it on the market, I am thinking on buying some for the long
run. My reasoning on this are:
1) It will my cost average down a lot
2) With the crude going down, I believe spending may increase in some sectors,
especially the automaker sector. With lower gas prices, consumers will go back
to back vehicles, and steel consumption will increase.
Any thoughts?
ATTENTION to the word: LONG run.....
Patience is key -
Asked by leodollar -
27 days ago -
5 answers -
74 views
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A: What is happening as far as steel supplies? Any new steel mills on the drawing board or
under construction? If you are looking at a long term commitment to steel, you need to
know that there won't be a supply glut to ruin the party. more - Post your own answer
- Q:
Pickers,
How do I stop receiving ecirpm's questions? They are annoying and no sense. I
hit the "ignore user" on mt settings, but I keep receiving his questions? I
mean, nothing wrong posting questions (after all this is a forum), but one after
another...!?!?!?!? It makes hard for me to look over other questions/ opinions
from other pickers.
ecirpm- Nothing against you, just dont want to see several of your questions
unanswered, and have to dig through the pages in this forum... hope you
understand. -
Asked by leodollar -
1 months ago -
15 answers -
179 views
Bookmark this User - Bookmark this question - Report Abuse - A: He's been blocked by so many people, maybe his alter ego is the new Pi guy. more
- Post your own answer
- Q:
New Question: Clean Energy Fuels awarded LNG supply contract for Los Angeles
refuse trucks
28 minutes ago - Datamonitor
The Sanitation Bureau of the City of Los Angeles has awarded Clean Energy Fuels
a contract for up to 10 years to supply liquefied natural gas for the city's
growing fleet of 340 LNG refuse trucks.
The liquefied natural gas (LNG) fleet currently uses approximately 3.5 million
gallons of clean-burning LNG fuel each year. Fleet fuel volumes are expected to
increase as diesel trucks in the 700 truck fleet continue to be replaced with
LNG refuse vehicles. -
Asked by leodollar -
1 months ago -
0 answers -
8 views
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- Q:
New Question: If the options activity for Dec/08 shows put contracts high, and
call contracts down, does it necessarily mean investors are bearish about the
stock/ ETF? -
Asked by leodollar -
1 months ago -
0 answers -
14 views
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- Q:
I am thinking on going long for MCD (IRA). Can anyone assist on a good entry
point as far as MA/ trend? The MCD close to my house is always full -
Asked by leodollar -
1 months ago -
7 answers -
80 views
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A: that is a great explanation by Ryan. "How it gets to a trend line" - that always needs to
be included in the discussion more - Post your own answer
- Q:
Broadwind receives order from Nordex for tower sections and delivery to sites
Wednesday 08/20/2008 6:20 AM ET - Datamonitor
Related Companies
Symbol Last %Chg
BWEN 18.50 1.09%
As of 3:59 PM ET 8/29/08
Broadwind Energy's wholly owned subsidiary, Tower Tech Systems, has signed a
contract with Nordex USA to manufacture wind tower sections. Another Broadwind
subsidiary, Badger Transport, has received a contract to deliver the sections to
various Texas locations for Nordex.
These contracts mark the first for Broadwind with Nordex, a Germany-based wind
turbine manufacturer. The four-section towers will support Nordex's N90 2.5MW
turbines. Tower Tech expects to supply the first Nordex sections in early 2009.
The integrated order represents the first time Broadwind has included logistics
co-ordination in its service package and is the first order for Tower Tech's new
plant in Abilene, Texas.
Broadwind announced construction of the Abilene facility, along with a second
facility in Sioux Falls, South Dakota, in May 2008. Both facilities are expected
to be operational in the first quarter of 2009.
Cameron Drecoll, Broadwind's CEO, said: "We are making wind energy more
efficient, less costly and more financially competitive with integrated and
broad supply chain solutions -
Asked by leodollar -
1 months ago -
4 answers -
89 views
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A: i still see vestas poles being transported on the hiways...although ain't this industry
backlogged...so i suppose the more the merrier. more - Post your own answer
- Q:
pickrs
TRailing stops- need some clarification
let's say stock XYZ is trading @ $10. I put a trailing stop (sell) for 2 points.
Does it mean that if stock goes down to $8, it will be sold, correct? And if the
stock goes up to $13? it is only sold unless price goes down to $11, correct?
Now, let's say stock that I bought for $ 10, goes up to $20. I still have the $
2points trailing stop (When drops to $ 18, it will sell). If I decide to sell at
$ 20, I would need to cancel my trailing stop, and place a limit order (or other
one). Am i correct on my thinking? I went to investopedia, but I was not 100%
sure I understood, therefore I came for the experts. Thank you, Leo -
Asked by leodollar -
1 months ago -
4 answers -
125 views
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A: I can't tell how many questions you are asking here. Let me say though - if your stop loss
is at $8 the stock DOES NOT have to trade there for the stop to get executed. Most brokers
use BID to trigger the stop loss. So you could get bid $8, your stop gets executed at
$8.10 (or whatever), and the stock never sees $8 - it happens. Use conditional orders
(i.e., if "last trade = $8 then sell") more - Post your own answer
- Q:
All,
So... I bought the book Tech Anal of Stock Trends by Edward. I know I am to read
as if a text book. But, what areas/ chapters would you believe I ought to focus
the most? (when I say this I mean: read more than once, research on the net for
today's times',...)
Hope you can assist -
Asked by leodollar -
1 months ago -
2 answers -
114 views
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A: read whole book then go back to the chapters you don't understand and read it again until
you do understand. more - Post your own answer
- Q:
All,
I understand slowing world growth economy, stronger dollar, mkt cycles. But
companies like POT cannot stay too long going down from $ 220 to $ 160, and park
there. Or CHK from 73.58 to 45. Let's face, and discuss. Tendency is that people
will still need food, and we need alternative sources besides oil. Let's face,
POT reports great #s, and goes down. CHK is selling some rights on the shale.
Both companies have great management, and I believe this pull back was a great
opportunity to jump in. Am I being way optimistic, or just trying to convince my
concious I did not make a bad move jumping on them? Any thoughts? -
Asked by leodollar -
1 months ago -
7 answers -
87 views
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A: CSCO made 10 billion last quarter, most ever for them. is their stock at an all time
high?
just because the company is cranking out cash, has a good product, doesnt mean the STOCK
has to be going higher. more - Post your own answer
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