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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (1311)	5/29/2014 10:03:15 AM
From: Kirk ©	1 Recommendation Recommended By Blasher Read Replies (1) \| Respond to of 26601

I have mixed feelings on min wage. Unintended consequences are it will speed the move towards automation cause inflation in things the poor buy, especially fast-crap masquerading as food hurt the restaurant industry. Perhaps we could eliminate or change the culture of tipping, keep the min wage low at restaurants and instead have a mandatory 10% service charge (with a 5 to 10% tip that goes into the server) Divide the tip fund evenly between all hourly workers and if this doesn't get them above the new mandated min wage, then they get some sort of tax credit. Cause inflation in salaries at unions tied to the min wage. On the plus side, we've had tremendous inflation in CEO pay and the cost to buy food and rent places in the Bay Area so I don't really object to the huge increases in min wages here. Besides, it will speed the move to eliminate those jobs and replace them with technology so I'll make a bundle from that... I just wish there was a less cruel way to say you and I as tech investors will profit from the suffering of job losses.

To: Jerome who wrote (1311)	5/29/2014 10:07:23 AM
From: Kirk ©	Respond to of 26601

Intel.... I posted the news yesterday of the deal that my friend who works at Intel believes was responsible for the stock's jump yesterday. Stock Talk.....Is INTC on a breakout pattern???? INTC is breaking out to a new high, and the news about this company has been mostly positive. In my opinion....consistently positive headlines about any given stock will result in an upward stock price trend. Not very scientific ...but worth noting. Intel is still below the breakout point as I show it each month: I didn't buy when under $20 as I put the money to higher beta names like FNSR at $1.92 and GE at 6.76 and UTEK at $8 something. After bear market recoveries, I like to take profits in the volatile stocks than use the funds to buy more dividend payers like Intel on the next pullback. Despite my trading, you can see I've been accumulating shares

To: Jerome who wrote (1311)	6/2/2014 12:20:57 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26601

Automation of public transit gets a step closer today in San Francisco. UPDATED: Jun 2, 2014, 8:18am PDT Muni 'sick-out' causing major delays Monday bizjournals.com A labor move by Muni workers calling in sick is expected to cause major delays in the morning commute Monday. Officials from the San Francisco Municipal Transportation Agency are warning riders to expect delays, as bus and light-rail operators failed to come into work as part of a labor dispute. Reports say 400 of 600 buses were not operating as of 6:30 a.m., and all lines were seeing up to 30-minute delays. BART will honor Muni fare in San Francisco and Daly City. All express and limited buses will stop at every stop. There is no cable car service. In a post on Twitter, Muni officials warned riders to "expect major delays on Muni today. Working to balance service the best we can across the city. Apologies for this inconvenience." Muni operators on Friday voted on a new labor agreement, but that has not yet been ratified. The proposal would raise operators' pay to $32 per hour, making them the second-highest-paid transit workers in the U.S. I believe BART, Bay Area Rapid Transit, has the highest salaries in the US BART Union Worker Pay Compared to Other Transportation Agencies