Archive for August, 2006

08-25-2006

Spray’s allvarliga säkerhetsbrister

Under en tid har jag använt mig av ett abonnemang hos Spray, men pÃ¥ grund av dÃ¥lig kvalitet bestämde jag mig för att säga upp kontot hos Spray. Jag skickade därför ett mail till Spray den 20:e juli med mitt kundnummer och ett kort meddelande om att säga upp mitt abonnemang. Svaret som jag fick frÃ¥n Spray’s support var att jag behövde maila även mitt användarnamn och lösenord till Spray för att kunna säga upp mitt abonnemang.

Hur kan Spray kräva att användarnamn och lösenord ska skickas i ett okrypterat mail över Internet för att kunna säga upp ett abonnemang? Ett okrypterat mail kan läsas av i stort sett vem som helst och eftersom Spray’s support inte alltid är den snabbaste kan nÃ¥gon mindre ärlig person utnyttja kontot fram tills dess att Spray avslutat kontot.

Läs Spray’s svar här 

Jag har försökt fÃ¥ tag pÃ¥ Spray’s säkerhetsansvarige utan att lyckats. Vill den säkerhetsansvarige inte kontakta mig för denne vet hur dÃ¥lig säkerheten är hos Spray?

Trots säkerhetsrisken mailade jag mitt användarnamn och lösenord till Spray den 13:e augusti. Bekräftelsen på att abonnemanget var avslutat fick jag inte förrän den 22:a augusti, alltså mer än en vecka senare! Under den tiden hade mitt konto hos Spray kunnat missbrukas otaliga gånger :(

Lyckligtvis kommer jag aldrig mer skaffa ett konto eller använda Spray’s tjänster igen. Säkerhet och bra kvalitet är tvÃ¥ saker man bör tänka pÃ¥ när man använder Internet, annars riskerar man att fÃ¥ sin identitet stulen och sedan fÃ¥ betala dyrt för nÃ¥got man är oskyldig till.

Posted by bylla in Svenska | No Comments »

08-19-2006

The Need for Diversification in The Stock Market

Why is it that some people only buy one or two stocks? Others may have 15 stocks but have 50 percent of their investment assets in just one of those 15 stocks. In Wall Street we refer to this type of behavior as concentration. Some firms call it over-concentration. When this happens in a brokerage firm it is always considered dangerous. It is so dangerous, in fact, that if the brokerage firm is using a concentrated stock position as capital, then the market value of the security in question is given a haircut. This means that the full market value of the security is chopped by some fixed percentage in any capital computation. In other words, if you are over-concentrated, you don’t get full value.

Some of you may have margin accounts. As you know, StocksAtBottom.com advocates cash ownership of stocks. If you own stocks on margin, it is our opinion that you will get sold out on margin. Normally in a margin account you put up 50 percent of the value of the stock you acquire in cash. If equity falls below 35 percent, you get a margin call. Now, brokerage firms love it when clients have 15 or 20 different stocks in a margin account. If there are some bonds in that account, guess what, they love it even more. Why? Because brokerage firms know that stocks represent risky Read the rest of this entry »

Posted by blogmail in Stock Market | No Comments »

08-11-2006

Oil stocks and United States energy independence

This morning Exxon, the largest energy company in the world reported record profits of $10.36 billion for the second three months of the year. This was up from $7.64 billion from the same period a year ago. You will notice that the earnings were just shy of the record $10.71 billion they reported in the fourth quarter of last year, 2005. All companies have cushions; the accountants call them reserves. There is always flexibility in the reporting of a company’s earnings. Exxon very easily could have used their flexibility to come in with earnings that were below last year’s fourth quarter record in order to avoid the embarrassment of posting another new record quarter. The company knows that the Congress is looking over Exxon’s shoulder because the American people are looking over the government’s shoulder. This is especially true with Congressional elections, and both houses of Congress up for grabs.

Every President of the United States has paid lip service to American energy independence. It’s like listening to the President’s State of the Union Address. The last seven Presidents within 1 minute of speaking at the State of the Union have always said, “I am please to report tonight that the State of the Union is strong,” with emphasis on the word strong. Each President has proclaimed the need for energy independence, and then has always backed down from doing anything about it.

The answer by the Democrats is to create a tax to confiscate or simply take away what they deem to be excess profits that Exxon, and its associates are making. The Republicans pine away about the need to open up the Southeast coast of Florida to offshore exploration, as though that’s going to bring in millions of barrels per day. The answer is that both parties are wrong. Exxon is simply tacking onto OPEC dictated price the Arab states wish to charge us. It’s more complex than that, but not by much.

Decades ago, the oil world was run by the seven largest oil companies on the planet, most of them American owned. For those of you old enough to remember back in 1973, Read the rest of this entry »

Posted by blogmail in Oil | No Comments »

08-08-2006

Oil over $200?

The brothers Lundin (from Lundin Petrolum & Lundin Mining) is expecting the oil price to go over USD 200 per barrel within the next ten years. Yesterday the oil price was about $78 per barrel, so the price today is far away from the nightmare of $200.

Posted by bylla in English, Oil | No Comments »

08-03-2006

Stock Investing Tip

If you are looking for a Stock Investing Tip you have come to the right place. Investing tips come from everywhere and from all sources. From strangers you over hear talking in the store to the gurus on the television.

When we are in a strong bull market, and it seems like the market will not go down no matter what, you can get a great stock investing tip just from throwing a dart at the list of stocks in Investors Business Daily, and come out with a winner.

An Investing Tip can come from an article you read in the newspaper or a magazine. Usually the time you read about it, the stock has already made it’s big move. That is when the smart money starts taking their profits and sells to the dump money.

Sometimes investing tips come as a pump and dump. With the smaller priced stocks it does not take much money to buy alot of shares. They will then start talking about, or writing newsletters about how good (pump) the company is just to get people to start buying the stock, and at the same time they are selling (dump) their shares.

If you are getting into the market because of a tip you got, you are bound to lose your hard earned money. Sure you might get lucky a few times, like in a strong bull market, but in the long run you will eventually lose all your money that you set aside for investing.

The best stock investing tip you will ever receive is going to be right here. Do not buy any stock on any tip that you here!!! Do not put your hard earned money in any investment blindly, do your homework. Many beginners in the stock market will feel that they have to jump in on the tip they have gotten in order to make the big buck. They are afraid the train is going to leave without them. They don’t want to be left out of the big move.

There is no reason to be jumping into any stock right away. There are thousands of stocks to invest in. Let the stock price come to you, do not go chasing a stock.

Learning how to invest in stocks is not difficult, but it does take time, just like learning anything in live. Take the time to learn, there are many books to read that will get you going in the right direction. Read them, study them, study the market, practice trading on paper. Take the time to learn how to invest, you will not regret it. The stock market is not going anywhere, it’s been here for a long time, and will continue to be here for a long time to come.

Soon the only stock investing tip you will be listening to will be coming from the knowledge that you have learned, and that is the best investing tip that you can get. Then your friends and family will be coming to you for investing tips.

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http://www.stocktradinginfo.net
Source: ArticleTrader.com

Posted by blogmail in Stock Market | No Comments »