Obama should be Scratched and Given Non-Starter Status

With just hours to Tuesday's, November, 6, 2012, 57th Quadrennial U.S. Presidential election,  Capitalist Pig Bob urges all forward-thinking Americans to VOTE for Elephant Romney regardless whether Donkey Obama makes the starting gate.

If know anyone who lives in any of these states: FL, IA, MI, NH, OH, PA, VA, or WI, please call them and let them know how important Tuesday's election is.   

Obama's unapologetic and clamantly partisan record must seal his single-term legacy.
1.) Hiring an Anti-Energy Secretary in Stephen Chu who admitted he does not own a car and has stated that high gas prices are a good thing while Obama promised Energy Independence in 10-years in 2008 at the 2-minute mark at the 3rd Obama/McCain debate. Today's 7.9% unemployment rate would be much lower if we had an aggressive 'All of the Above' energy policy. The rate is 10.7% if we model using the same Labor participation percentage rate on the day Obama took office. We know some economists argue this statistic is skewed because a lot of baby boomers are retiring, agree, yet it is a sad fact that 50%+ of young people with recent bachelor's degrees are underemployed and working as waiters, bartenders, and retail store clerks, reported Hope Yen of the Associated Press in April, 2012. Obama's decision to invest $90B in green-energy projects has backfired as Abound Solar and Solyndra are two examples of Obama subsidized cos to a tune of $400M and $500M respectively that already went bankrupt. Focusing on funding green-energy while being anti coal, oil, nuclear, and natural-gas is responsible for higher gas prices and the highest unemployment rate of almost every Donkey or Elephant mudding for a 2nd term.   
  
2.) An overreaching Dodd-Queen Frank Wall Street Reform and Consumer Protection Act that has in fact expanded 'Too Big Too Fail Banks'; this is choking down on the reigns of the thoroughbred American risk-taker from investing and hiring incremental employees. 

From the Heritage Foundation's Amy Payne:
"Dodd–Frank does not end bailouts and taxpayer support for big banks. Under the act, the Federal Deposit Insurance Corporation (FDIC) is permitted to purchase the assets of a failing  firm, guarantee the obligations of a failing firm, take a security interest in the assets of a failing firm, and borrow on the failed firm’s total consolidated assets. (For Bank of America, that would be $2 trillion in bailout authority to be paid by taxpayers.)"

3.) Driving through the Affordable Healthcare mandate that even Sussman, Cooper, and Phillips of the New York Times note that 66% of Americans oppose and want to see parts of it repealed. More importantly, there is a link to a graphic in that article that shows a majority of Americans were opposed to Obamacare as it was debated and passed.
4.) The cover-up in Benghazi, Libya was blamed on a YouTube video for nearly 2-weeks after the deaths of a U.S. ambassador Christopher Stevens (1st Ambassador killed since 1979), and 3 other Americans including two Navy SEALs: Glen Doherty and Tyrone Woods.

The valor of all these Americans who fought-off but were eventually murdered by the   radical Islamic terrorists that we believe were not motivated by any YouTube video, must never be forgotten, but especially Tyrone Woods. The last hours of Tyrone's life must be taught to your children, especially if you have boys. Here is what and how Tyrone's father feels about the high-level people in this Obama Administration; I stand with him 100%. 

My most optimistic thoughts and heartfelt Sunday prayers are with all the ones still suffering on the East coast post Hurricane Sandy. If Obama was an Elephant, Sandy would most likely be his Katrina.

Yet the modern news media like MS-LSD-NBC, Yahoo!, and the Puffington Post, only shower this Donkey with praise. Men like Chris 'Crucify U.S.A.' Matthews, Rachel 'Man-off', and the new CEO of Yahoo! "Marissa 'Ma-your' true election headlines be quashed", should all be boycotted. Case in point is the large crowds showing-up at Mitt Romney events are electrified versus the incumbent's inability to run on his record, yet their reporting is biased.

Every American soldier who paid the ultimate sacrifice on the beaches of Normandy, France, and elsewhere,  would be saddened and in total shock.

The United States has never been closer to extinguishing the American Dream from within and nearly 50% of the voting masses perfectly okay with a Collectivist society. And this Big Govt mentality is paradoxically being nudged over the imminent fiscal cliff by some of the aforementioned people who espouse their 1st Amendment rights by stoking class warfare and chastising successful hard working men and women. 

There is no doubt that Obama inherited multiple crises and that President George W. Bush and his Secretary of the Treasury Henry 'Hank' Paulson started the Big Govt bailouts instead of allowing a natural forest fire to burn the bad bets and risk-takers; having some filing for bankruptcy and then witnessing what CNBC's Larry Kudlow would call "private equity green shoots sprouting from the ashes".  

The Elephants sparked this fiscal forest fire, but the Donkeys doused the early flames with Chorine trifluoride and all 50 states are in the path of socioeconomic mayhem when you factor the $16 Trillion National Debt and 4-years running with not one balanced budget in the Animal Kingdom of Washington, D.C.

U.S. politicians have turned workable multi-billion dollar debts and deficits to unworkable trillions; a Collectivist society cannot prosper, innovate, and lead the 21st Century. 

The Donkeys have taken advantage of this deeply rooted economic trough, seeded in fact by one of their early Collectivist predecessors President Franklin Delano Roosevelt (FDR). Through their tax, legislate, regulate, & spend policies they have forced the once Free-Market needle to point at Collectivism.

If you compare the U.S. presidential, election to the Breeders' Cup or Triple Crown of thoroughbred horse racing, Mr. Barry Soetoro aka President Barack Hussein Obama would be designated non-starter status before the starting gate on Tuesday, November 6, 2012; scratched by the citizen Veterinarians for having the lamest 4-year fiscal record of any president in history; Forward~

If you enjoyed this political rant, Please share it with friends & family. 
God Bless the United States of America,
POTC-
http://psychologyofthecall.blogspot.com

~!! Go Mitt !!~

   

PCLN PEETA

All subscribers received the PCLN PEETA on schedule. The morning reaction caused us to cancel our trade.  Everyone will receive another PEETA next week Friday.

TGIF,
POTC-

Priceline.com Post Earnings Educational Trade Alert (PEETA) Scheduled

We will send all subscribers a PCLN PEETA Red-Eye Friday, November 2, at 12 a.m. ET. PCLN will release Q3, 2012 earnings after close on Thursday.

About 80% of profits come from international markets, and more than 50% from selling hotel rooms to European travelers. Mark Mahaney of Citigroup.

Q3 Earnings Non-GAAP/adjusted Whisper stands at $12.15 and consensus is $11.81.
Q3 Sales high estimate is $1.72B and consensus is $1.65B.
Q4 Earnings Non-GAAP/adjusted consensus is $6.34.
Q4 Sales high estimate is $1.24B and consensus is $1.14B.

Live conference call (CC) to discuss its Q3, 2012, financial results on Thursday, November 1,  at4:30 p.m. ET.  The event will be webcast live at http://ir.priceline.com; audio replay will be available for 7- days thereafter.

POTC scored impressive Wins with our last two PEETAs:
GOOG on Oct 19 1,000%, high range was 4,000%, many booked 2,000%+ within 4-hours.
AAPL on Oct 26 200%, high range was 800%. Most booked 200%+.

Performance Matters,
POTC-

Amazon .com Inc. (AMZN) Option Trade Scheduled

All subscribers will receive a PFF ratio Educational Trade Alert (ETA) on AMZN this Thursday, October 25, at 7am PT. 

AMZN will release Q3, 2012 earnings after market close on the same day.

Thank You, here's to continuation of a successful Q3, 2012,

POTC-

Both Google Inc. (GOOG) Trade Alerts (TA) Closed

All subscribers received two TAs on schedule. The initial trade failed, but our Post Earnings Educational Trade Alert PEETA made up the loss many times over. PEETA was good for a 1,000% return within 5-hours on Friday. 

GOOG reported Q3, 2012 earnings on Thursday, Oct 18 after the market closed.

If you are not a subscriber but interested in our educational TAs, please send an email to psychologyofthecall@gmail.com

Autumn Colors,

POTC-

Bank of America (BAC)

Political Trade Alert (TA) was sent to all subscribers on Wednesday morning.

Thanks to all for your referrals so far in this in this Q3. We kicked-off successfully Yum! Brands (YUM).  

Most who watch Jim Cramer's Mad Money, Fast Money, Larry Kudlow, or subscribe to an Internet trading service should fully enjoy our educational trade strategies.

POTC-

YUM return was about 300% - 400%

Congratulations to all who followed us.

POTC-

Aggressive Trading of Stocks and Options Requires a lot of Homework as Jim Cramer Rightly Explains; Still the Psychology of the Call team goes a Step Beyond Cramer's Teachings

POTC is fired-up as Q3 nears; welcome back to all subscribers and loyal readers since '08.  
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The S/P index is trading inside very politically charged waters as related to Federal Reserve Bank actions of more monetary stimulus, the 57th U.S. quadrennial Presidential election on Tuesday, November 6, and a questionable fundamental backdrop as many large corporations have lowered expectations. Yet from a technical standpoint stocks could go higher as long as 1,420 holds. If we break below 1,420 that would signal lower prices for most stocks.

But it is a market of stocks for us aggressive traders and not merely a stock market, so we must identify individual business models/stocks that will shrug broad market volatility and be profitable. POTC's goal is two pronged: 
1.) Education
2.) Profitability 

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Though Capitalist Pig Bob has no conspiracy DNA in his bone marrow, he is a realist and worries that History will rhyme as it relates to Israel and the Jews if we just sit idly by.
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The ongoing atrocities against the people in the Middle East are wicked. No human being should have to endure what is occurring across the Middle East today, 99% rooted in reasons of poor socioeconomic conditions butt nonetheless blamed on religion. Most wars are birthed out of economic reasons and too often blamed on religion(s). Sad.
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This is an intellectual debate Pig Bob will not fight here butt it is frustrating to watch the spinelessness of the current Secretary of State Clinton jeering (click for video) after Gaddafi was sodomized and killed in the middle of a street, then denying it was terrorism that ended the life of U.S. ambassador Chris Stevens that was working in the same country, Libya. 

Navy Seal Tyrone Woods (R.I.P.) must never be forgotten for his ultimate bravery. Please teach your children his story of valor and patriotism.  

I do not think it is moral to cheer any man's death, maybe Clinton would take back her behavior and words back if she considered these eerily similar bloody images and possible retribution by some masses:?

October, 2011 Gaddafi paraded through the streets of Libya:

September, 2012 Stevens paraded through the streets of Libya:

Strictly a coincidence you say?, I say no. Though blaming the Secretary of State for ambassador Stevens' death is wrong, her behavior of cheering a brutal dictator's public death was ignorant and unprofessional. You do not spike the ball when you know we still have many good men like ambassadors and soldiers in harms way.

And after all this it is perfectly fine to have Iran's Ahmadinejad speak in New York city while he continues to deny the massacre of Jews and Poles by German Nazis in WWII as the brilliant man that is Israel's Netanyahu warns that his nuclear ambitions are Evil.  
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I think the U.S. must take corrective action regarding the 1st Amendment as it applies to Evil dictators speaking on U.S. soil ASAP, especially if they were 'elected' through fraudulent fixing and means and publicly say a certain religion or nation must be wiped into the Sea as Ahmadinejad does.
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Why give Iran and Ahmadinejad a platform but not Cuba and Fidel Castro. As twisted as Castro's communist ways are, he has surely been more successful at communism than the last few U.S. presidents have been at installing the foundation for long-term Liberty & Freedom.
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The fact that Western central bankers are maniacally yet 'successfully' keeping interest rates capped at zero while many S/P cos are yielding 200%+ over the 10-Yr Note is mathematical reason for this bullish run.
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Equity Risk Premium (ERP) is the traditional metric Wall Street money manager uses to decide whether to buy stocks or bonds from day to day, and today it makes little mathematical sense to choose Govt bonds over stocks as the ERP is above 8%. Hence we experienced this explainable rally from S/P 1,040 when QE began in October of 2010 to today's 1,447 level. 

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This 400+ point, post 1st QE, S /P rally has come as the U.S. labor force corporate sales, earnings, and GDP are all in either contraction or highly suspicious modes. And stabilization is the scariest reference the bulls use as so many uncertainties are just ahead of us while the Govt has ballooned. We are experiencing a helium laughing gas musical chairs economy, circus like, yet the U.S. masses watch the upheavals in Europe and then switch channels to some reality Housewife show where the women act like men and the plastic surgeries and BOTOX treatments have disfigured any beauty they had.
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If you think the masses will continue to behave this way, and we do, consider Allergan as a long-term hold, ticker AGN on the NYSE. The co is big into BOTOX and breast implants. AGN is only beginning to penetrate Asia, and you think Asians are less into vanity than Americans? In our opinion, AGN is positioned for phenomenal long-term growth is all other macro factors remain equal. You should always check with your Financial Advisor before acting on any stock or option information.
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POTC is not a licensed Broker Dealer and the information we provide is solely for educational purposes. And we charge a subscription fee because we have Industry experience at Morgan Stanley and other firms and work 20+ hour days during earnings season to send you aggressive Trade Alerts.
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From a Debt to GDP standpoint, Americans are circling the chairs and waiting for the music to stop like it has for many in Euroland. We sympathize with our conservative European partners big time, but we denounce all big Govt and Collectivist policies installed after WWII. Yet the current U.S. path is no different, definitely a vicious cycle that was bound to occur. We believe the more serious distribution of wealth continues to ebb from West to East.

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The East is kicking the West's behind and it has a lot to do with their greater tilt toward Darwinian Capitalism. Though the Chinese and Indian economies are far from perfect, they paradoxically enjoy more business start-up freedoms than the current policies in the U.S.A. offer. Obsolete Union thinking and minimum wage laws, unemployment benefits, and now Govt bailouts of banks are at the root of our current Collectivist state. 

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Have you considered that Govt wealth is switching to bailed-out corporations like JPMorgan (JPM) while Govt influence, regulations, and power is accelerating? And it's an unfortunate fact that many of these corporate and Govt players are connected through lobbyists and a revolving door from Govt to corporate and vice verse.   

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The best argument that stocks continue to go higher regardless of the Fiscal Cliff is that publicly run cos will be the 'safest' store; until and if some horrible 9/11 left field event strikes Chicago, Los Angeles, or New York. Then the power would pivot back to the printing presses of Big Brother, Oy Vey. And more masses would wake-up and discredit FDR and W, one old political Collectivist actor and the other newer on the scene.
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As for the current White House Occupier in Pig Bob's opinion, he has already completely and utterly discredited himself as a hater of private sector success and believer that Govt should be Policing our Daily Bread. No way does POTC feel this is fair after so many American boys and girls gave their lives through the years. You wonder how many would demand their service back after witnessing the latest big Govt crap.  

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Some appointed officials like Holder and connected thugs like rotten Jonny Corzine do as they please with no accountability to anyone. If it were up to Pig Bob, public pay-per-view caning would be in order in lower Manhattan, NY. 5th Amendment junkies like Corzine deserve caning. 
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The only glimmer of hope is a good amount of commercial real estate and some residential geographies home prices are off the respirator and attempting their first steps down the hallway of the Govt ICU unit; still a terrifying condition. 

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'We're Only in it for the Money',



                                              'I am Fat Money'

Get Psyched about Q3, beginning in October.

The Basics of Understanding Stock Options

A stock option is a derivative product that gets its life from a publicly traded stock. The value of this derivative is derived from the underlying stock price plus the value of time to expiration.
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Options that expire next month are more expensive than options that expire this month. Additionally, options that are in-the-money (ITM), Apple Inc. (AAPL) shares at $590 and call options at the $580 strike price will be more expensive than the out-of-the-money (OTM) $610's, $620's, and so on. 
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When you buy shares of AAPL for cash you can hold it forever as long as it doesn't go bankrupt; whereas an option has a strict expiration date (traditionally the 3rd Friday of every month yet today there are expanded expirations offered), thus an option has a shorter lifespan than a stock.  Options are riskier than stocks but the rewards can be much bigger.
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There are also options on currencies, indexes and interest rates, but POTC will limit this write-up to stock options.
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A distinguishing factor of a stock option is that is a depreciating asset in the sense that it has a limited time horizon and thus you have a smaller window to be right on direction. You can make money when a stock goes up (call options), or down (put options).
 And you have to take action (book profits or losses) before the expiration date. As time passes the option value erodes in value/price as it moves closer to its expiration date.
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When we speak of options in terms of volume, we refer to contracts instead of shares.
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One (1) stock option contract is equivalent to 100 shares of stock. And two (2) contracts are equal to 200 shares of stock, 20 contracts; we are talking about 2,000 shares, 100 contracts 10,0000 shares, etc. etc.

Equivalent Amount of Option Contracts	Equivalent Amount of Shares
1	100
2	200
10	1000
75	7500
150	15000
500	50000

You have to understand the dollar cost of options before deciding on trading. When an option is quoted at $1.00 per contract, the investor must realize that the $1.00 represents a price of $1.00 per share, not per contract.
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Please understand that each contract is worth 100 shares. This means that if you bought y a single (1) option contract at a quoted price of $1.00 your total cost would be $100.00 (1 contract x $1.00 per share x 100 shares per contract). If you bought 10 contracts for $1.50 per contract your total cost would be $1,500.00.
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Use this basic formula when calculating total dollar cost of the option.
Total Dollar Cost of Trade = Amount (#) of Contracts x Price per Contract x 100
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Option contracts are a sales agreement between two parties. The parties are the buyer (or holder) and the seller (or writer). When you buy an option contract you are long the option. When you sell an option contract you are short the option. This assumes you had no previous position in the said option at time of entry.
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Thank You,
POTC-

Game On for LinkedIn (LNKD); Facebook (FB) Challenge is Official

We sent a volatility Trade Alert (TA) for LNKD this morning, did you receive it?

Remain Psyched as Q2 is Upon Us,
The Psychology of the Call team (POTC)

Obama is Not 'Wynning- Over' Risk Takers; Audio Stream Included

Capitalist Pig Bob says that this current Administration is the most anti-private sector the U.S. has ever faced. 
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Many fear that too many have tilted away from Individualism and to a blue state mentality of Community, Unions, Collectivism, and Entitlement. Yet the failed attempt to recall Wisconsin's Governor Scott Walker offers some hope for 'Change'. 

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Our resident Pig also thinks that revenue and earnings streams in most of the Banking, Energy, and Health Care stocks will be dismal through 2012, and then it will depend on who wins the election on November 6. 

The arteries of free-market Capitalism have been clogged, the blood that is risk capital cannot flow freely if the U.S. continues to over-regulate nearly every frickin' industry. POTC agrees with the Pig that we are literally one left field event away from socioeconomic paralysis, where Big Brother would have us on life-support indefinitely.  
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Bob thinks that today's global growth quandary is due to the 90%+ of anti-business U.S. Govt agencies in combination  with the negative synergies caused by the overreach of bailouts, stimulus, and Quantitative Entanglement(s) (QE).
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Since early 2008, POTC has declared several times 'Long Live Wall Street', and though WS was and never will be perfect, it has directly contributed to creating more sustainable Capital, Wealth, and Labor than any U.S. Govt agency.  

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Click this audio stream as proof that 'Obama is Not Wynning' over American risk takers.

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Thanks for sharing this message with family and friends as we enter the most critical election stretch in our nation's history,

Pig Bob.

J.P. Morgan Chase & Co (JPM) and CEO Jamie Dimon will report

Q2 earnings on Friday, July 13, before market open.

We are studying the possibilities here and may send an educational Trade Alert on either JPM or an indirect play like Goldman Sachs (GS).

GS is set to release their Q2 results on Tuesday, July, 17, before market open.  

Subscribers know how we feel about JPM since last week and our thoughts have not changed.

With out trusted microscopes on, we will let you know by Sunday, July 8, whether we will perform any Trade Alerts: before (PFF ratio) or after Friday the 13th. (PETA). 

Thank You,
POTC-

Bernanke's Date with the Senate Banking Committee: Tuesday, July 17

Ben Bernanke will appear before the Senate Banking Committee on July 17, for his semiannual report.

 The Fed chief is required under the Federal Reserve Act to testify before the Senate Banking and House Financial Services Committees twice each year.

This year’s appearances come as the Fed is weighing whether to launch another full-scale program to help boost the economy.

Last month, the central bank chose to extend its current program, known as “Operation Twist,” through the end of the year. The Fed has maintained since January that it expects to keep short-term interest rates near Zero at least through late 2014.

POTC-

Arena Pharmaceuticals (ARNA) Post FDA Trade Alert (PFDATA)

will kick-off Q2 on Thursday, July 5 at 8 am ET.

All subscribers received this PFDATA on schedule and many made 170% in one day. Some made less as they bought later in the day when shares of ARNA were trading hotly higher.

Thanks to all who liked our dynamic trade psychology.

Our entire Focus List of stocks for the upcoming Q can be found one blog entry under this posting.

Get Psyched about Q2, 
POTC-

Q2 Stock Option Focus List and Subscription Information

July 5 - September 21 Focus List
*Abbott Laboratories (ABT) Earnings 7/18 before market open
Apple Inc. (AAPL) Earnings Earnings 7/24 after market close
Arena Pharmaceuticals Inc. (ARNA) Post FDA Trade Alert (PFDATA) on 7/5 was sent
Broadcom Corp (BRCM) Earnings 7/24 after market close
Dean Foods (DF) Earnings 8/01 not confirmed
Facebook Inc. (FB) Earnings 7/26 after market close
Google Inc. (GOOG) Earnings 7/19 after market close
Lululemon Athletica Inc. (LULU) Earnings 9/6 not confirmed 
Questcor Pharmaceuticals, Inc. (QCOR) Earnings 7/24 not confirmed
Regeneron Pharmaceuticals (REGN) FDA decision on 8/24
VirnetX Holding Corp. (VHC) {Important legal dates: 9/5, 11/5, and 12/7}
VIVUS Inc. (VVUS) FDA decision on 7/17
Weight Watchers International (WTW) Earnings 8/01 after market close
Wynn Resorts (WYNN) Earnings 7/17 after market close


If you are a subscriber you will receive our TAs on schedule as as announed.


Not a subscriber but interested in aggressive stock option trading ideas, just purchase a subscription in the right margin through Paypal.

* Subscribers received a TA on ABT last Quarter.

Thank You,
POTC- 

Collaborating to Conquer Cancer; June 1 - 5, McCormick Place, Chicago

http://chicago2012.asco.org/ 

Full-text versions of Plenary, Late-Breaking, and Clinical Review Abstracts will be publically released on the day of their presentation at the Meeting.

POTC is Analyzing Jim Chanos's Red Bet on Coinstar Inc. (CSTR)

With our trusted options trading microscopes plugged in at an undisclosed location for reasons of Security, our team is studying Jim Chanos's bearish bet on CSTR. 

 A special inter-Q Trade Alert on CSTR will be sent on Wednesday, June 6th. at  7 PM ET. 


If you are not a subscriber but want to receive this educational write-up, please use Paypal in the right margin.

Facebook IPO Could be Delayed..

Our sources tell us that 'deteriorating market conditions' could force  lead underwriter Morgan Stanley to delay the Facebook IPO. Morgan Stanley's brass is 'flustered' with the  equity selloff today; nearly 12 consecutive days of losses. Rumors are that if the S&P breaks below 1,300 by tomorrow (Friday) morning, Facebook's IPO will be shelved until more favorable market conditions.

Thanks, POTC-
http://psychologyofthecall.blogspot.com

J.C. Penney (JCP) Volatility Trade; Pedestrian Crossing Alert..

~A Happy Mother's Day to All; Nobody Can Ever Replace Our Moms~

Dalio, Icahn, and Simons Beat Out All Hedge Fund Moneymakers in 2011

The global economy may still be in recovery mode, but the hedge fund industry’s top 25 managers are doing just fine. They took home a combined $14.4 billion in 2011, according to AR magazine’s annual Rich List survey of the world’s top-earning hedge fund managers. The average pay for the top 25 was $576 million, according to the ranking, which appears in the April issue of AR.

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The richest managers were not immune to market volatility, however. Last year’s total

compensation for the 25 top earners fell nearly 35 percent from more than $22 billion in 2010, and disappointing hedge fund performance played a large role in the steep decline.
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The HedgeFund Intelligence Global Composite Index lost 2.01 percent last year.

“Hedge fund managers are paid high fees to deliver positive absolute returns, regardless

of the direction of the markets,” says Michael Peltz, editor of both AR and Institutionalmagazines. “In 2011, the majority of managers failed to do that.”

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Several managers bucked that trend, led by Raymond Dalio, the founder of Westport,

Connecticut–based Bridgewater Associates. Dalio is the top hedge fund moneymaker for

2011, with earnings of nearly $4 billion. Bridgewater is now the largest hedge fund firm

in the world, with $70 billion in hedge fund assets and $120 billion in total assets under

management.

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Corporate-raider-turned-activist-investor Carl Icahn takes second place, with a $2.5

billion payday in 2011. Though he returned capital to outside investors in the first half of

2011, his full-year gains of 34.5 percent before fees enabled him to qualify for this year’s

list.

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Renaissance Technologies Corp. founder James Simons, No. 3 on the list, also benefited

from strong performance, ending the year with a $2.1 billion paycheck. Though Simons

is retired from the East Setauket, New York firm, he still has a large percentage of his

personal capital invested in Renaissance’s hedge funds, which produced big gains last

year.

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The top five moneymakers for 2011 were:

1. Raymond Dalio (Bridgewater Associates) $3.9 billion

2. Carl Icahn (Icahn Capital Management) $2.5 billion

3. James Simons (Renaissance Technologies Corp.) $2.1 billion

4. Kenneth Griffin (Citadel) $700 million

5. Steven Cohen (SAC Capital Advisors) $585 million

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Several managers turned in tepid performances in 2011, but that didn’t stop them from

qualifying for this year’s Rich List. No fewer than 11 managers made the list despite

posting only single-digit gains in their funds. This is partly because these managers have

much of their personal wealth tied up in their funds, but also because their firms’ assets

have grown so large that income generated from management fees — typically 1 to 2

percent of a firm’s assets — became a huge profit center.

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The tough markets in 2011 led to a major shakeup of the Rich List this year. The majority

of last year’s winners — some 15 managers — fell off the list. The most high profile of

these is Paulson & Co. founder John Paulson, who failed to make the Rich List for the

first time since 2007 after some of his firm’s hedge funds generated losses of between 30

and 50 percent.

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There is no shortage of fresh faces on this year’s Rich List. Eight managers on the list are

newcomers, demonstrating that even in challenging markets it’s still possible to generate

outsize returns. They include Bridgewater co-chief investment officers Greg Jensen and

Robert Prince, and Paul Singer of Elliott Management Corp.

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This year marks the 11th year of the Rich List ranking, which started in the pages of

Institutional Investor magazine, before migrating to AR. To be included on this year’s manager had to earn $100 million, the lowest number in four years. The full list of the 25 top hedge fund moneymakers 2011 appears in the April issue of AR and can be found on the AR website, http://www.absolutereturn-alpha.com/.

'I am POTC-'

Bulls Bloodied; Wealth Leveling Cycle from West to East Continues; Fiscal, Monetary, Overreaching Govt Policies Offer No Help

Thanks to all our subscribers. We had an educational and successful Quarter as we were net bearish.

Our two S&P Directional Alerts warned subscribers at 1,412 and at 1,420 that 'We Did Not Feel Comfortable Above 1,400'; that turned out to be prophetic and profitable for many. 

We sent out long-term write-ups on AeroVironment (AVAV) and Abbott Laboratories (ABT) and a follow-up on AVAV is scheduled for Sunday, May 13.

Our team will continue to work extreme hours and send  educational, dynamic, and sometimes profitable ideas. 

Yet we stress that our business was designed for educational purposes; POTC is neither a registered Investment Advisor or Broker Dealer as outlined in the Securities Exchange Act of 1934. 

Every educational Trade Alert reminds that trading options and futures is extremely risky and large losses should be expected, a Govt Options and Futures disclaimer is always attached.  

We are a group of experienced traders with interesting life experiences and educational backgrounds that love digging for off-the-beaten path information and then teaching aggressive trading strategies. 

Our DNA is to Stand Up for Liberty; politics played a key role in starting the blog in early 2008 and now everyone has witnessed the maddening global Govt overreach into our lives. You can expect our Political Correspondent, Capitalist Pig Bob, to always express his heartfelt and Independent opinions. The rest of our team agrees with a majority (89%+) of what the Pig writes.

Our 11 Commandments were designed and continue to be refined to increase reward, decrease risk while employing very aggressive strategies.

We do no multi-legged trades and rarely follow the direction of the masses, for too long at least. 

We consider most Wall Street analysts no different than the naive African Wildebeest;  we only follow wise analysts that are free thinkers and have the ability to issue Sell recommendations. The 'Yes men and women' that only recommend Buy can be compared to Street prostitutes; and many Wall Street firms are equivalent to legal Pimps.  

We are contrarians and cynics by nature. Some corp executives rape shareholder wealth instead of increase it, STEC and LIOX are just two examples yet there are fiscally retarded men that continue to Buy and Hold such cos.

Most on the POTC team would prefer spending a day walking, fishing, and swimming some crystal clear and 'clean' river than driving an expensive Italian sports car down Santa Monica Blvd. We believe in fiscal Liberty for All, financial greed is not a bad thing if you use it to help family, friends, and strangers. And we do respect the choice of Hindu Sadhus as well.

Subscribers received bearish information on: AAPL, BIDU, DECK, PCLN, TPX, and WTW in the last several days - weeks, and we know that many are profiting.

If you are not a subscriber but appreciate Independent research with a human touch that  marries charts, fundamentals, conference calls, politics, and several other factors most analysts do not handicap, you should enjoy your subscription to Psychology of the Call.

If you are considering a subscription and have any questions, please send them to: Psychologyofthecall@gmail.com

Otherwise please use Paypal in the right margin.

Adam, Des, Frank, Lisa, and Dallas Pig Bob are your POTC team.

"I am POTC-"