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The Baaarney comment was directed towards Lee. Lee keeps voting for him. The more I converse with you the more respect I have for you. Not many you find with the patience, skill and finesse to navigate this market. I am beginning to believe Zeev has been reincarnated.
Fabian only posted 9 months in 2009. My nomination goes to Lee since he really pulled everyone together during the most difficult year in memory. I still give Fabian a honorable mention since he traded the market "the right way" during the most turbulent time. ONLY a PRO can achieve.
P.s. I even nominate him knowing his liberal views and his good buddy Baaaarney. Since its a no politics thread and all, I can't hold it against him. LOL.
IRS To Be Charged With Levying Fines Against Americans Without Health Insurance
Digital News Report – Besides collecting taxes and going after tax cheats, the Internal Revenue Service (IRS) will be going after Americans who do not purchase private health insurance.
The new health care legislation being debated in Congress will put the IRS in charge of making sure
Americans purchase a health insurance policy. Those who don’t pay will be penalized because all Americans will be forced to purchase a policy.
Besides making sure citizens do buy insurance, the IRS will assess penalties on those who do not. They will also collect new fees from businesses and oversee enforcement.
Already understaffed and overburdened, the IRS will need more agents. The CBO estimates that the extra cost would be $5 to $10 billion over the first 10 years. So far, neither bill in the House or the Senate includes any funding this.
By Tim Edwards
http://www.digitalnewsreport.com/2010/01/03irs-to-be-charged-with-levying-fines-health-insurance/1752
I luv it!! Just like the govt...throw more gas on the fire.
Father Fred, Notice we did not hit 11K. Maybe a few Hail Mary will get you there. If Bullish in 2010, I may see you in confession.
Posted by: Father Fred Date: Tuesday, December 08, 2009 10:16:30 AM
Dow 11,000 before year-end,... on schedule ...
Finally closed above 10500. Could be a telling sign.
Have you seen the App for Amazon. I purchased a few things on the Iphone with the Amazon App. Its AWESOME and easily to use. When shopping you can check prices with a flick of the finger. Amazon will rule retail using this app for Iphone.
Cincy, The Dow is at the same level it was 10 years ago. Its a telling sign how difficult trading is today. If you have more today than 10 years ago consider yourself a winner.
If you shorted BOTH FAZ and FAS in March you would be up large by now. Profits Guaranteed.
163 Million litigation costs last quarter needs to be considered.
YIKES, Dollar 77.785
ARMH Awesome chart. Anybody else following this one.
Good to hear from you!
Ukraine appealing for emergency 2 billion loan.
Dollar rocket, Futs rollover. What the heck is going ON.
Thanks, Fabalis.
Lee, Am I getting a good feed on the Dollar. Parabolic rise??
Why?? I've been asking this since March. Have not been able to pin the answer on the rally last 8 months. I learned to morph to the market. Instead of asking Why, I ask Why Not.
Hey you have a point, but I was just looking for his pocket change. Seasoned traders here so I doubt any would ever fully expose themselves.
GS KaPlunK.
Waiting for GS to CRACK, Then ALL IN.
Good Point Tinner. That is why its good to have FUN when you can. It not will, its When will it turn against me.
We on Third Hand. On a roll here.
10350 Just sweep the table. Deal'em
Good Trade. 10360 right at support, may hold but if not it will turn ugly.
Deal'em Big Boy. :)
Newly and I are picking you guys clean.
Still Bullish Hey. Lay some money on the table and lets play Texas Hold'em.
All he has to do is look at SRS intraday chart for a whiff of parabolic.
SRS up 3%. Its day to shine.
SRS still holding. Has plenty of room to run.
SRS looking good.
Parabolic Reflector
Mr. Market has all the sheeple in its cold and heartless grasp. I pity the fools.
1. Is every stock in China a gamble when their Gov't influences more than the U.S.?
a. YES
Instead of answering all the "riddle me this", I will leave it to a short statement....real estate is currently suspended in mid-air by govt influence. When the crack appears for all to see, SRS will go parabolic. No pumping the monkey here.
Oh how contrary Fabio. No One holds the house edge save and except GS. Picking stocks based on earnings is old school and will not work in this environment. As you have noticed the traders (what is left of them) have not survived picking stocks on Earnings but on market direction. The real P/E of S&P 500 is scary in my opinion. Real estate market is on the verge of collapse and trying to enter during a parabolic move would be a mistake since it could top out quickly. BTW, holding any stock is a gamble when the Govt is influencing the market like never before.
I agree. Maybe the thread is blind to see the DJ Indu keeps bumping on the 10,500 level. It sure is a sign with flashing lights to me.
Seems the Global Warming pros have agenda to prove. LOL.
Holding SRS over the weekend, wish me luck.
N.Korea revalues currency 100 to 1. Gold parabolic.