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arawak's Recent Activity

  • Apr 13 2009 at 11:43AM (EST)

    Commented on “Is GM's bankruptcy a good thing?”

    arawak: “The president of Sweden remark was in regards to SAAB of course.”

  • Apr 13 2009 at 11:42AM (EST)

    Commented on “Is GM's bankruptcy a good thing?”

    arawak: “I think it's real damage to the company from a sales and survivability standpoint. Would you buy a car from a company that just declared bankruptcy? That written, I totally agree bankruptcy would allow the company to *eventually* become more competitive”

  • Apr 02 2009 at 9:30AM (EST)

    Sold ORXE (Ore Pharmaceuticals Inc) @ $1.31 | 3.9% of portfolio.

    Lost -47.60% | Held 360 days.

  • Mar 26 2009 at 11:23AM (EST)

    Commented on “More barber shop talk.”

    arawak: “beancounter -- I hear you on some sort of "sweet spot" approach but I think all we can do is buy time at this juncture before something more drastic is necessary. It seems I'm not the only one raising an eyebrow at the Fed buying Treasury securities. I ”

  • Mar 26 2009 at 10:13AM (EST)

    Commented on “More barber shop talk.”

    arawak: “V4 - I agree with you... so far. But I'd like to start a side wager as to when the Fed / Treasury relationship is changed. Currently the US Gov't is debt dependent -- it is not feasible for there to be a balanced budget in the next 5 years, maybe 10. I”

  • Mar 24 2009 at 12:50PM (EST)

    Commented on “More barber shop talk.”

    arawak: “I don't think the American empire is going to "end" in some sort of collapse but that doesn't mean we can't end up like Japan -- with 20 years of nothing. All this "growth" that we're so proud of was substantially fueled by debt. Too bad nothing can g”

  • Mar 02 2009 at 5:24PM (EST)

    Commented on “The Obama Depressioin”

    arawak: “Contrary -- it's quotes like this "What's wrong... now that your guy is shown to be a wanna-be you want to shut down someone that keeps (painfully to you) pointing that out!" that compel me to suggest MG ban all politics from the board. I am interested i”

  • Mar 02 2009 at 3:48PM (EST)

    Commented on “The Obama Depressioin”

    arawak: “It is imperative that MarketGuru take a firm stance against political horsesht in forums. Otherwise the discussion here will degenerate into Yahoo-like partisan head-butting. This is a better site than that. EOM.”

  • Jan 06 2009 at 2:54PM (EST)

    Commented on “Deflation and Gold”

    arawak: “Where the global economy will go in the next 1 - 3 years is anyone's guess. The reason I favor silver and, somewhat, gold, over platinum is sentiment. Gold and silver are entrenched in people's minds as being *precious.* Inherent stores of wealth. Gol”

  • Jan 06 2009 at 11:16AM (EST)

    Commented on “Deflation and Gold”

    arawak: “dharry -- You can also argue that the silver:gold ratio is at its most extreme in recent history.. the ratio is 1:75 right now whereas historically it has been something like 1:16. So silver should also be a similarly "rare opportunity." But silver is v”

  • Jan 05 2009 at 5:55PM (EST)

    Commented on “Deflation and Gold”

    arawak: “SLV, I know, posts the serial number of their bars for all to see. But that's only so comforting. If the salmon really hits the fan then your paper certificate may or may not be worth anything. It's a trade off.. physical bullion is cool but heavy (sil”

  • Dec 24 2008 at 8:53AM (EST)

    Commented on “Gold vs Cash”

    arawak: “V4V - that's called alchemy... or nuclear fusion. :) The former looked like fun but drove a lot of men mad, the latter is not liable to happen anytime soon. All elements heavier than hydrogen and helemium got made inside stars and we're a long way from ”

  • Dec 24 2008 at 8:45AM (EST)

    Commented on “New logos announced!”

    arawak: “I love it... nothing like a little humor in the middle of the maelstrom.”

  • Nov 20 2008 at 11:11AM (EST)

    Commented on “Inflation or Deflation? YOU DECIDE!”

    arawak: “V- Thought you would find this interesting.. shamelessly lifted from a comment on mish's board. ---------------- http://www.atimes.com/atimes/Japan/JK19Dh01.html "One measure of the increased concern at the ability of the United States to finance its ”

  • Nov 19 2008 at 3:06PM (EST)

    Commented on “Inflation or Deflation? YOU DECIDE!”

    arawak: “V - thanks for the comments. I figured "pushing on a string" had a historical basis but I've only seen Mish use it in reference to the efforts of late. Some thoughts.. Clinton balanced the budget thanks to the massive influx of tax revenue from the .co”

  • Nov 18 2008 at 3:27PM (EST)

    Commented on “Inflation or Deflation? YOU DECIDE!”

    arawak: “V4V - Pushing on a string.. are you a reader of mish's by any chance?? :) I agree that the whole "fed is gonna hyperinflate" scream of terror is getting pretty old.. Particularly in the face of major deleveraging. But it's one of those things, like $200”

  • Nov 17 2008 at 5:29PM (EST)

    Commented on “A picture is worth...”

    arawak: “To give credit: http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom”

  • Nov 17 2008 at 5:29PM (EST)

    Posted a new opinion “A picture is worth...”

  • Nov 10 2008 at 11:47AM (EST)

    Commented on “Stock market chart analysis 1900 - today”

    arawak: “These sorts of charts are interesting but to me they are not really all that relevant. The game has changed! Fiat currency and fractional reserve banking are two enormous forces that get little to no attention paid to them. We went off the gold standar”

  • Nov 05 2008 at 3:53PM (EST)

    Commented on “Post election rally”

    arawak: “contrary - What's a BHO presidency? But for whatever it's worth, the markets have historically done better under democratic presidents.. Not that I want to start a partisan discussion. guliamo - yes, 5% is the usual mantra but I think that's conservativ”

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arawak

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arawak

  • Returns
  • Today0.95%
  • Monthly Avg9.53%
  • (Vs. S&P 500)6.21%
  • YTD0.89%
  • Stats
  • Member SinceSep '07
  • Trades/Month0.1
  • Sectors Financial
  • Risk
  • Volatility (STD)Medium
  • S&P Correlation (R²)46%
  • Beta1.09

“The concept of market efficiency gives me a good chuckle.„

I'm a value investor that looks primarily for market bias. I look for companies that are beaten down and considered "bad" by the rest of the market. ETFC and AMD stand out as good examples. This sort of game is playing with fire but I'm willing to take greater losses than most as I have longer term horizon (1 - 2 years). I average down as I can and am generally lousy about posting these trades on MG.

My SLV position is a sleeping giant. The long term trend on this commodity is upwards and, as a poor man's gold, it has some flight-to-safety qualities.

http://www.marketguru.com/arawak

Portfolio Breakdown

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