Hope and Fear

Inauguration Day:

“On this day, we gather because we have chosen hope over fear, unity of purpose over conflict and discord.”

Today:

“This recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits . Our nation will sink deeper into a crisis that, at some point, we may not be able to reverse.”

NO TIME TO LOSE! DON’T READ IT, JUST PASS IT! PASS IT NOW OR WE WILL NEVER RECOVER! WE NEED THIS MASSIVE SPENDING BILL OR THE WORLD WILL END, CIVILIZATION WILL CEASE AND PUPPIES WILL DIE! DON’T READ IT! DON’T DEBATE IT! CATASTROPHE, DISASTER AWAIT UNLESS WE CONVERT TO MARXISM TODAY! TRILLIONS OF DOLLARS OF PORK ARE NEEDED IMMEDIATELY, OR WE WILL ALL DIE!!!!

Even if Obama is from Kenya, this is the largest Nigerian financial scam ever.

Reblog this post [with Zemanta]

Why So Quick to Believe?

It’s amazing. When I talk to people that don’t know Christ, some of them don’t even believe He lived. Or they except tripe like Da Vinci Code as truth of a coverup.

But let some big shot director shoot a movie about 27 year news, they immediately believe that.

Why are the falsehoods so easy to believe, but the truth is so hard?

This week we’re going to see a lot in the news about the tomb of Jesus. It’s part of a secular marketing program to drum up viewers for the Sunday night special. And as marketing efforts go, it’ll be successful.

But the news was dismissed 27 years ago; it’s just repackaged garbage.

But the Israeli archeologist responsible for the 1980 excavation, Prof. Amos Kloner, on Monday night intensified his criticism of this assertion, lambasting the documentary as “brain confusion.”

Serious scholars dismissed this claim years ago.

Stephen Pfann, a biblical scholar at the University of the Holy Land in Jerusalem who was interviewed in the documentary, said the film’s hypothesis holds little weight.

“I don’t think that Christians are going to buy into this,” Pfann said. “But skeptics, in general, would like to see something that pokes holes into the story that so many people hold dear.”

“How possible is it?” Pfann said. “On a scale of one through 10 _ 10 being completely possible _ it’s probably a one, maybe a one and a half.”

Pfann is even unsure that the name “Jesus” on the caskets was read correctly. He thinks it’s more likely the name “Hanun.” Ancient Semitic script is notoriously difficult to decipher.

Kloner also said the filmmakers’ assertions are false.

“It was an ordinary middle-class Jerusalem burial cave,” Kloner said. “The names on the caskets are the most common names found among Jews at the time.”

Archaeologists also balk at the filmmaker’s claim that the James Ossuary _ the center of a famous antiquities fraud in Israel _ might have originated from the same cave. In 2005, Israel charged five suspects with forgery in connection with the infamous bone box.

But hey, skeptics believe what they want to believe. The truth of Jesus can be blinding to those that have spent too much time in the dark.

Mechanical Investing for July 2005

Investments still improving; would have looked real good this month except for the ABLE and NUE stinkers. Pfft. Ptui. So far, I’m only down -0.6% for the year compared to -4.0% for the Dow.

I’m adjusting the mechanical screens a little since I’m disappointed in the YLDEARNYR screen. I dropped that one and substituted a more risky screen called “Gentle Screamers.”

Holding for another month:

Ticker Bought Now Months Return  
BMHC $55.40 $70.47 2 +27.2% Building Materials Holding Corp. Best stock, 2 months in a row.
LCAV $47.24 $50.35 1 +6.6N/A% LCA Vision Inc. Lasik doctor organization.

Selling these:

Ticker Bought Sold Months Return  
ABLE $21.75 $16.35 1 -24.8% Able Energy Inc. A most monumental failure. Lost nearly a quarter of its value in 1 month. Yuck. Ptui.
AC $47.05 $47.08 3 +0.0% Alliance Capital Management. About as good as putting cash under a mattress for 3 months.
AET $75.60 $83.6614 2 +10.7% Aetna Insurance.
GAP $26.25 $28.59 1 +8.9% Great Atlantic & Pacific Tea Co Inc.
JCP $51.14 $54.56 1 +6.7% J C Penney
MCK $40.64 $44.95 1 +10.6% McKesson Corp, IT Solutions for healthcare.
MFE $27.55 $26.5 1 -3.8% McAfee. Must have caught a virus.
NUE $57.77 $46.94 3 -18.7% Nucor Corp. This loser convinced me I was done using the YLDEARNYR screen. Pfft. Ptui. The screen says I should hold on to it for yet another month.
PGL $42.81 $44.42 1 +3.8% Peoples Energy Corp. I’m probably going to regret selling this one since it looks like it was doing well.
PLAB $23.59 $24.2301 1 +2.7% Photronics Inc.

New stocks for this month:

Ticker Bought Sold Months Return  
ADCT $21.66 $N/A 0 N/A% ADC Telecommunications.
AQNT $17.78 $N/A 0 N/A% aQuantive Inc., a digital advertising company. I think they’re suing google over click fraud.
CAE $44.24 $N/A 0 N/A% Cascade Corp. Dishwasher soap? Nope, they make attachments that go on fork lifts.
DENN $5.45 $N/A 0 N/A% Denny’s. Yumm.
FTO $31.62 $N/A 0 N/A% Frontier Oil Corp.
KBH $75.20 $N/A 0 N/A% KB Homes again. I lost money on this one back in the spring; would have done better just holding it.
JWN $35.29 $N/A 0 N/A% Nordstrom, Inc., the fashion store. JWN, of course, stands for “Nordstrom,” but using different letters.
LUB $12.23 $N/A 0 N/A% Luby’s. Yumm.
OO $16.87 $N/A 0 N/A% Oakley Inc., the sunglasses manufacturer.
WLDA $12.43 $N/A 0 N/A% World Airways, Inc. They have 12 airplanes!

New options for this month:

Ticker Bought Sold Weeks Return
No new options until October.

The next trade will be August 1st.