ouch, my bad. i have read some really odd logic around the AMT recently. here hoping obama can pull
of some market fireworks tmrw w/a dead cat bounce!
Me-OW, oh we're bouncing baby. Hold onto your socks over the next couple weeks though (my guess). If you're getting back into equities today, I hope you're covering yourself. Buying a treasury fund, for example, or a gold fund, or hell even an inverse ETF.
Failed economic leadership and uncertainty in the markets....
PROGRESS!
What specifically would you have done differently?
i would have let the banks and gm fail....right then and there.
too big to fail, my ass
...
The biggest problem with that would have been...
What do you do with all of thos layed off workers? Not just the auto assemblers, but with all of the clerical people in support of GM assembly line operations? And what about all of the vendors of sub-assembly and parts? The companies that make tail light lenses and assemblies, CD players, window motors, rims, tires, steering wheels, interior components... and the dealership and maintenence network? What happens to those businesses? Would pouring millions more into the ranks of the unemployed served us better?
With the financicial systems... you are looking at greater consequences because of the global aspect of its operations.
The right thing to do was bail out those assholes... but, we need to set guidelines (a.k.a. regulations) on those fuckfaces because they have already proven to all of us that they cannot be trusted to regulate themselves.
Allen Fieldhouse, home of the 2008 NCAA men's Basketball Champions! Go Jayhawks!
Hail, Hail!!!
...
The biggest problem with that would have been...
What do you do with all of thos layed off workers? Not just the auto assemblers, but with all of the clerical people in support of GM assembly line operations? And what about all of the vendors of sub-assembly and parts? The companies that make tail light lenses and assemblies, CD players, window motors, rims, tires, steering wheels, interior components... and the dealership and maintenence network? What happens to those businesses? Would pouring millions more into the ranks of the unemployed served us better?
With the financicial systems... you are looking at greater consequences because of the global aspect of its operations.
The right thing to do was bail out those assholes... but, we need to set guidelines (a.k.a. regulations) on those fuckfaces because they have already proven to all of us that they cannot be trusted to regulate themselves.
those companies weren't going anywhere. they woudl have gone in to BK just like any other company and came out just like any other company....and you know what, if they didn't make it thru BK, than a new company, or ford or toyota would have come in and filled the void and hired those people.
ha ha... what the F happened today? Up, then down, then way up.
fed did the right thing, nada, qe3 would be endgame for our economy. i portend we will see a slight uptick for next month and then once ECB fails to reign in their problem and germany is left to go it alone, another wave of selling occurs, this time, we fall <10k and from there, lookout.
disclosure, i suck at predicting the market. :oops:
San Diego Sports Arena - Oct 25, 2000 MGM Grand - Jul 6, 2006 Cox Arena - Jul 7, 2006 New Orleans Jazz and Heritage Festival - May 1, 2010 Alpine Valley Music Theater - Sep 3-4 2011 Made In America, Philly - Sep 2, 2012 EV, Houston - Nov 12-13, 2012 Dallas-November 2013 OKC-November 2013 ACL 2-October 2014 Fenway Night 1, August 2016 Wrigley, Night 1 August 2018 Fort Worth, Night 1 September 2023 Fort Worth, Night 2 September 2023 Austin, Night 1 September 2023 Austin, Night 2 September 2023
ha ha... what the F happened today? Up, then down, then way up.
...
Computers are buying and selling these days. When a stock drops to a preset point, it triggers a buy. When it reaches a preset high... it sells.
Remember the violent swings the market made in 2008? It went on for weeks. And remember the guy that accidentially typed in 15 billion instead of 15 million? http://weakonomics.com/2010/05/07/what- ... yesterday/
Allen Fieldhouse, home of the 2008 NCAA men's Basketball Champions! Go Jayhawks!
Hail, Hail!!!
ha ha... what the F happened today? Up, then down, then way up.
...
Computers are buying and selling these days. When a stock drops to a preset point, it triggers a buy. When it reaches a preset high... it sells.
Remember the violent swings the market made in 2008? It went on for weeks. And remember the guy that accidentially typed in 15 billion instead of 15 million? http://weakonomics.com/2010/05/07/what- ... yesterday/
"its all ball bearings these days"
quote from???
San Diego Sports Arena - Oct 25, 2000 MGM Grand - Jul 6, 2006 Cox Arena - Jul 7, 2006 New Orleans Jazz and Heritage Festival - May 1, 2010 Alpine Valley Music Theater - Sep 3-4 2011 Made In America, Philly - Sep 2, 2012 EV, Houston - Nov 12-13, 2012 Dallas-November 2013 OKC-November 2013 ACL 2-October 2014 Fenway Night 1, August 2016 Wrigley, Night 1 August 2018 Fort Worth, Night 1 September 2023 Fort Worth, Night 2 September 2023 Austin, Night 1 September 2023 Austin, Night 2 September 2023
ha ha... what the F happened today? Up, then down, then way up.
...
Computers are buying and selling these days. When a stock drops to a preset point, it triggers a buy. When it reaches a preset high... it sells.
Remember the violent swings the market made in 2008? It went on for weeks. And remember the guy that accidentially typed in 15 billion instead of 15 million? http://weakonomics.com/2010/05/07/what- ... yesterday/
ha ha... what the F happened today? Up, then down, then way up.
fed did the right thing, nada, qe3 would be endgame for our economy. i portend we will see a slight uptick for next month and then once ECB fails to reign in their problem and germany is left to go it alone, another wave of selling occurs, this time, we fall <10k and from there, lookout.
disclosure, i suck at predicting the market. :oops:
I find it funny... if you look at the timeline... the market sat still up... up until an hour before the FED meeting... then that hour struck... it dove and went a few hundred below... then after they read it, it jumped.
Why because the FED promised low interest rates until mid-2013. Honestly, I think these guys at the FED are absolutely insane. They tossed down their last card. That's that.... 6 months from now... They got nothing.
umm... I told you this was going to happen. But, it's not funny. This is really no joke here.
:?
First, you have way too much time on your hands. Clearly my posts have a huge impact on you, or you wouldn't find it necessary to dig them up when the stock market has a good day. On that note, I'm glad it did have a good day. I put my money back in stocks a few months ago because of the pumping the Fed has done, and have made some good money. That said, I'm ready to pull it out at the first sign of the coming EU collapse.
Second, if you're trying to pretend that things within the global economy are fantastic, you're crazy. And just wait... the reason things have not completely exploded yet is simply due to the fact that the EU contagion hasn't spun completely out of control quite yet and central banks have been printing money hand over fist (which is inflating stocks, as well as other asset prices.... like ummmm.... oil). This is the reason I jumped back into stocks. The risk of the Fed inflating asset prices is hyperinflation (which is horrible), but I'm not even going there. I'll stick with the global economy for now, since you bumped that other thread too. I'll kill two birds with one stone... Here's the current issues globally..
and Ireland. Once the proverbial shit hits one or two of the larger countries (outside of Greece), the EU will be covered in it. Most economists, including the EU itself, already predict the Eurozone is in recession as we speak. Just imagine what they'll be in when these other countries really join Greece. A depression?
It's not contained in Europe, Japan claims they are worse off than Greece,...
and the U.S. is not growing anywhere near where it needs to to offset a global downturn. Remember, our economic downturn caused recessions in these countries. The EU, China and Japan dwarf the US economy. They turn down, we do too even if we had solid fundamentals.... which we don't. We aren't growing very fast and have our own debt problems. When we turn down again, we won't have the cash in our pocket or our credit card to get us out. We won't be able to pretend to grow through government spending. The house of cards will collapse, but I hope it stands up long enough so that we can get out from under it... I know for sure that's what the Fed is trying to do, buy time. Fiscal governments will try to distract, the coming war in the middle east is a prime example.
But, a new recession will happen here, maybe not today, maybe not in the next 6 months, but it will sooner or later and it will be very, very ugly.
It's a shame that the stock market is almost the sole barometer for the nations economy. There's so much more to the US than some company selling a portion of its business to investors.
It's a shame that the stock market is almost the sole barometer for the nations economy. There's so much more to the US than some company selling a portion of its business to investors.
it is simply a number for the people who have a cursory understanding of the economy to point at and say "see it is great/bad out there"
all the while they(both democrats and republicans) have convince themselves that social issues are the most important thing to base their political leanings on...
that’s right! Can’t we all just get together and focus on our real enemies: monogamous gays and stem cells… - Ned Flanders
It is terrifying when you are too stupid to know who is dumb
- Joe Rogan
It's a shame that the stock market is almost the sole barometer for the nations economy. There's so much more to the US than some company selling a portion of its business to investors.
it is simply a number for the people who have a cursory understanding of the economy to point at and say "see it is great/bad out there"
all the while they(both democrats and republicans) have convince themselves that social issues are the most important thing to base their political leanings on...
Comments
<object height="81" width="100%"> <param name="movie" value="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869"></param> <param name="allowscriptaccess" value="always"></param> <embed allowscriptaccess="always" height="81" src="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869" type="application/x-shockwave-flash" width="100%"></embed> </object> <span><a href=" - In the Fire (demo)</a> by <a href="
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The biggest problem with that would have been...
What do you do with all of thos layed off workers? Not just the auto assemblers, but with all of the clerical people in support of GM assembly line operations? And what about all of the vendors of sub-assembly and parts? The companies that make tail light lenses and assemblies, CD players, window motors, rims, tires, steering wheels, interior components... and the dealership and maintenence network? What happens to those businesses? Would pouring millions more into the ranks of the unemployed served us better?
With the financicial systems... you are looking at greater consequences because of the global aspect of its operations.
The right thing to do was bail out those assholes... but, we need to set guidelines (a.k.a. regulations) on those fuckfaces because they have already proven to all of us that they cannot be trusted to regulate themselves.
Hail, Hail!!!
Same here. I was very angry with those bailouts.
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
<object height="81" width="100%"> <param name="movie" value="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869"></param> <param name="allowscriptaccess" value="always"></param> <embed allowscriptaccess="always" height="81" src="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869" type="application/x-shockwave-flash" width="100%"></embed> </object> <span><a href=" - In the Fire (demo)</a> by <a href="
those companies weren't going anywhere. they woudl have gone in to BK just like any other company and came out just like any other company....and you know what, if they didn't make it thru BK, than a new company, or ford or toyota would have come in and filled the void and hired those people.
same with the banks.
for the least they could possibly do
fed did the right thing, nada, qe3 would be endgame for our economy. i portend we will see a slight uptick for next month and then once ECB fails to reign in their problem and germany is left to go it alone, another wave of selling occurs, this time, we fall <10k and from there, lookout.
disclosure, i suck at predicting the market. :oops:
MGM Grand - Jul 6, 2006
Cox Arena - Jul 7, 2006
New Orleans Jazz and Heritage Festival - May 1, 2010
Alpine Valley Music Theater - Sep 3-4 2011
Made In America, Philly - Sep 2, 2012
EV, Houston - Nov 12-13, 2012
Dallas-November 2013
OKC-November 2013
ACL 2-October 2014
Fenway Night 1, August 2016
Wrigley, Night 1 August 2018
Fort Worth, Night 1 September 2023
Fort Worth, Night 2 September 2023
Austin, Night 1 September 2023
Austin, Night 2 September 2023
Computers are buying and selling these days. When a stock drops to a preset point, it triggers a buy. When it reaches a preset high... it sells.
Remember the violent swings the market made in 2008? It went on for weeks. And remember the guy that accidentially typed in 15 billion instead of 15 million?
http://weakonomics.com/2010/05/07/what- ... yesterday/
Hail, Hail!!!
"its all ball bearings these days"
quote from???
MGM Grand - Jul 6, 2006
Cox Arena - Jul 7, 2006
New Orleans Jazz and Heritage Festival - May 1, 2010
Alpine Valley Music Theater - Sep 3-4 2011
Made In America, Philly - Sep 2, 2012
EV, Houston - Nov 12-13, 2012
Dallas-November 2013
OKC-November 2013
ACL 2-October 2014
Fenway Night 1, August 2016
Wrigley, Night 1 August 2018
Fort Worth, Night 1 September 2023
Fort Worth, Night 2 September 2023
Austin, Night 1 September 2023
Austin, Night 2 September 2023
Good points.
<object height="81" width="100%"> <param name="movie" value="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869"></param> <param name="allowscriptaccess" value="always"></param> <embed allowscriptaccess="always" height="81" src="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869" type="application/x-shockwave-flash" width="100%"></embed> </object> <span><a href=" - In the Fire (demo)</a> by <a href="
I find it funny... if you look at the timeline... the market sat still up... up until an hour before the FED meeting... then that hour struck... it dove and went a few hundred below... then after they read it, it jumped.
Why because the FED promised low interest rates until mid-2013. Honestly, I think these guys at the FED are absolutely insane. They tossed down their last card. That's that.... 6 months from now... They got nothing.
<object height="81" width="100%"> <param name="movie" value="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869"></param> <param name="allowscriptaccess" value="always"></param> <embed allowscriptaccess="always" height="81" src="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869" type="application/x-shockwave-flash" width="100%"></embed> </object> <span><a href=" - In the Fire (demo)</a> by <a href="
First, you have way too much time on your hands. Clearly my posts have a huge impact on you, or you wouldn't find it necessary to dig them up when the stock market has a good day. On that note, I'm glad it did have a good day. I put my money back in stocks a few months ago because of the pumping the Fed has done, and have made some good money. That said, I'm ready to pull it out at the first sign of the coming EU collapse.
Second, if you're trying to pretend that things within the global economy are fantastic, you're crazy. And just wait... the reason things have not completely exploded yet is simply due to the fact that the EU contagion hasn't spun completely out of control quite yet and central banks have been printing money hand over fist (which is inflating stocks, as well as other asset prices.... like ummmm.... oil). This is the reason I jumped back into stocks. The risk of the Fed inflating asset prices is hyperinflation (which is horrible), but I'm not even going there. I'll stick with the global economy for now, since you bumped that other thread too. I'll kill two birds with one stone... Here's the current issues globally..
Greece is either in default or on the verge....
http://www.zerohedge.com/news/greece-ha ... e-we-stand
Other countries will follow, including Spain,...
http://www.zerohedge.com/news/spain-fin ... ise-record
Portugal,...
http://www.zerohedge.com/contributed/20 ... e-fire-hot
Italy....
http://www.zerohedge.com/news/ecb-maski ... -and-spain
and Ireland. Once the proverbial shit hits one or two of the larger countries (outside of Greece), the EU will be covered in it. Most economists, including the EU itself, already predict the Eurozone is in recession as we speak. Just imagine what they'll be in when these other countries really join Greece. A depression?
It's not contained in Europe, Japan claims they are worse off than Greece,...
http://www.zerohedge.com/news/japans-sh ... rse-greece
China, and other emerging markets, are showing signs of weakness....
http://www.zerohedge.com/contributed/20 ... t-ussr-did
http://www.zerohedge.com/news/four-big- ... ttle-china
and the U.S. is not growing anywhere near where it needs to to offset a global downturn. Remember, our economic downturn caused recessions in these countries. The EU, China and Japan dwarf the US economy. They turn down, we do too even if we had solid fundamentals.... which we don't. We aren't growing very fast and have our own debt problems. When we turn down again, we won't have the cash in our pocket or our credit card to get us out. We won't be able to pretend to grow through government spending. The house of cards will collapse, but I hope it stands up long enough so that we can get out from under it... I know for sure that's what the Fed is trying to do, buy time. Fiscal governments will try to distract, the coming war in the middle east is a prime example.
But, a new recession will happen here, maybe not today, maybe not in the next 6 months, but it will sooner or later and it will be very, very ugly.
Enjoy the punchbowl now though.
<object height="81" width="100%"> <param name="movie" value="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869"></param> <param name="allowscriptaccess" value="always"></param> <embed allowscriptaccess="always" height="81" src="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869" type="application/x-shockwave-flash" width="100%"></embed> </object> <span><a href=" - In the Fire (demo)</a> by <a href="
it is simply a number for the people who have a cursory understanding of the economy to point at and say "see it is great/bad out there"
all the while they(both democrats and republicans) have convince themselves that social issues are the most important thing to base their political leanings on...
It is terrifying when you are too stupid to know who is dumb
- Joe Rogan
I understand that, just making a point.
And totally agree with your second statement.
Not sure I completely agree, but interesting nonetheless:
http://www.youtube.com/watch?v=l6Y09B79U0Q&feature=player_embedded
<object height="81" width="100%"> <param name="movie" value="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869"></param> <param name="allowscriptaccess" value="always"></param> <embed allowscriptaccess="always" height="81" src="https://player.soundcloud.com/player.swf?url=http://api.soundcloud.com/tracks/28998869" type="application/x-shockwave-flash" width="100%"></embed> </object> <span><a href=" - In the Fire (demo)</a> by <a href="
9/29/08, we buried my father. Back to my mom's/stepdad's home after, folks fretting about the DOW.
DOWn over 777.
It's a weird association I now have between the two events.
we have really come along way in three years.
Ooooh!
A man that stands for nothing....will fall for anything!
All people need to do more on every level!
When people gave it to him in January of 2009.
Hail, Hail!!!
OK! I give him about 4 weeks after that! His stimulus, printing and spending started within a month!
A man that stands for nothing....will fall for anything!
All people need to do more on every level!