Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yeah...I had the same ? to w/re to the opening....guess it depends on whether the 4x exchange recognizes the change? We'll soon find out.
& w/re to the hippsters....yeah....I was a lil young admittedly at the time....being born in 63 I guess I missed the hippe vortex by approx 5-10 yrs.....tho my 2 older sis' were both right smack dab ib the middle of it....& one was even goin to UC Berkeley at the time.....tho she wasn't really the type & ended up transferrin down south to UCLA....only so much protestin she could take...she was more so of a conformist so UCLA suited her better....lol
& dont get me wrong....I am in agreement w/re to the "joke"...doesn't mean it was right...but by the same token stuff like that we gotta chalk up to youth & the understanding that it'll hopefully continue to be a work in progress....a progression of higher learning w/re to social awarness & sensitivity as we grow older.
Shame on me for forgetting but the one trip I did take across the pond back in the summer of 90 was to Amsterdam for a week...then we rented a car & drove down the Rhine making several stops in Germany. We spent approx 3 days in & around Munich & on one day we took the train out to one of the camps....I think it was Dachau but not sure? Anyway....quite a moving experience to say the least. We were the only one's who got off at the stop & I must say.....the locals on the train all knew exactly where we were going & seemed embarrassed/shameful to a degree...they didn't have to say a word, but you could sure see it on their faces.
Anyway....that's one part of our 3 week trip that I will never forget....& the Moron from Iran to this day still preaches it all never even happened....talk about shameful.
OK...gotta run....taken the girls to the library for a lil higher education....& a few free movies to check out....hehe Guess I'll also try ta look for some 4x stuff while I'm there.....still waiten for my Fleckenstein book to arrive.
Cheers!
indeed viva la hip-ee....
from one who grew up in the late 60's - early 70's on the Oakland/Piedmont/Berkeley border....man those were da days.
& if ya woulda told me where we'd be today w/re to renewable-clean-green energy, I'd be awfully shocked....we should be so much further along....& I had sooo much hope for the Carter admin too. Shoulda started w/Nixon but he hadn't a clue.
hehe....& indeed you've been away from the news Bud.....newsflash your Honor....it's Palin...as on failin ;)~
& speakin of politics....I'll be puttin that CD in the mail tomorrow.....also rec'd the original copies I fianlly ordered of Zetigeist #1 & #2....so as soon as I get those dup'd I'll get'em out to ya as well....& anyone else who wants'em...the political audio is an NPR show called "Guns & Butter" that featured Nader & Gonzalez when they both spoke back in August in Nor Cal.....some really good stuff there & of course outlines the Nader/Gonzo platform quite well....& if anyone's interested....cspn 1 is runnnin Nader a few times today....a coupla hrs worth where he also takes calls from the genl public.....which is quite scary....indeed cAt, dem dare be lotza stooopit folks out there...YIKES!!!
& how woulda even thunk that'd be the case.....the greenabck bein such the bull during times like this....I guess the fact that itza global recession is the key here..as the charts have been tellin us. Thus the US is most likely gonna fare better than most...if not all...that much I can not disagrre with at this point. Altho it is hard for me to comprehend the fact that everyone else is worse off than we. Guess I need to step outside my US box a bit & stop bein so myopic....& most especially when it comes to 4x.
W/re to the joke....agree in that drawing that line is a tuff one....I mean if he was to of used Bin Laden instead....would you have felt the same? Maybe so.....& as for me, my line as you know is drawn at racial digs. & not to defend here (or excuse) I do not think it was meant as a racial poke....I read it as stricktly a political joke which is why I wasn't offended.....& also w/the understanding that I do not think he truly meant it...of course.
I hear ya tho Nettles.....& I aint tellin ya where your line should be drawn either....I wouldn't dare dream of doin such a thing....to each her own indeed.
Anyhow....Daiello....I guess if it were funny I'd be able ta cut a lil more slack...but man alive was that an oldie w/a recent twist inserted. & Nettles....I guess u gotta understand that bein a public message board we can't expect to not be offended at some point in some way shape or form. Not sayin to not speak your peace, by all means if it bothers ya pls say what ya need to as ya did...& I trust that if Daiello chooses to reply that it wont escalate as future replies happen ta roll in on the matter. & I think based on the last time somethin like this occurred the other week when it was I who 1st spoke up, we have an idea as to what his reply may be. So ta save us all the re-run....Daiello....I think it's safe ta say that you didn't mean it & as mentioned above, it was purly politically motivated. Just know that when it comes to death (& taxes...sorry, couldn't resist) & racial slurs, know that the line in the sand is an easy one ta cross & if ya think a comment may be gettin close to that line...it's prolly best to simply omit it....or if ya just have ta say it....in respect to those who may find it offensive, do a lil advance disclosure w/a warning & apology....that way at least you've acknowledge the fact that you're crossing the line...w/the hopes that we can avoid a lil family feud.
I guess I'm just tryin ta play the role of Rodney King here (which btw...did ya know he's on Celeb Rehab #2 w/Dr Drew that's now airing on MTV...or is it VH1...can never get those 2 straight..lol)...."can't we all just get along?"
OK...hope everyone's well rested w/the extra hr banked....I know it did wonders for me....still tho needed my buxter.... sippen my venti quad....so be careful folks...I could get to my 15 b4 u can say STFU already Worn ;)~
The joke is missing something.....
a rim shot....budda-boom!!
Set dem clocks back 1 tonight...4 those that is who're in the zone. ;)~
Ni TZzzzzzzzzz from a finally wet west coast...we need it.
& wadda tease it is thus far....low end box is 98.77...& I see where it couldn't get any closer...w/in a pip or 2....Grrrrrrr....still have anudder 90 mins....but as the liquidity dries up here me thinks I'm turtle toast...having said that....get ta work...there's gotta a pic of a turtle munchin some burnt toast out there somewhere?
& u 2 Nettles & all...Happy Halloween....I'm doin all I can ta keep our lil "Buzzy Bee" & "Cheerleader" as calm as possible which is a huge feat on a day/night like today. Thus ta keep'em occupied over the next few hrs we're steppin out now....get some Jamba Juice in'em & run some daddy do's along the way....gotta get some healthy stuff in'em b4 all the sugar gets introduced later on.
Cheers!!
Wadda slacker.....hehe.....& here comes the turtle makin a run at my box into the close...only 16 more pips to the north....C'mon baby!!
Maybe next week u should try out the boxes?
rookie mistake....& now it's really tankin....goin further & further away...dollar weakness into the close....wadda shocker...lol
Sounds like he's a Soviet @ heart ;)~
I do have an open box on the turtle.....it starts in 15 mins & covers the 98.77 to 98.93 range....was gettin real close there but then it fell off some...damn!! It expires approx 3 hrs later...if it hits it pays a lil over 10%....tho like a rookie....I shoulda drew the box to expire a lil sooner as the mrkt will be winding down on the week here in another hr or so.....duhhhh!!!
no lie....but man alive am I on fire this AM.....
already covered the 2nd trade...& yet another one that was less than an hr.....long aud/us @ 66.37 & out @ 66.73...a 30 min trade this one was.
Best stop while I'm on a roll.
oh y not....1 last quick one into the wknd...long aud/us 66.37...lookin for another 25-30.
Well that sure was a quick play.....covered that turtle long I opened not but a an hr ago (the one for Mr. Bull...hehe) @ 98.35...& it looks like I coulda rode it for another 20 +/-. Still tho....a 30 pip hit in less than an hr....a days pay in approx 60 mins....time ta punch out.
& Nettles....w/re to tradin a specific time frame.....I've been doin a lil playin around w/drawing boxes at Oanda as of late....both missing them & hitting them which u can do program it to do....u simply draw a box that covers a specific timeframe & say wether or not you think the chart will hit or miss the box u draw.....kinda like 4x options. It's pretty kewl....been havin some decent success w/it. Sounds kinda close to what ya wanna do as far as trading a range of time..
If anything, you should try playin around w/it via demo 1st of course...fun stuff.
Well as far as this Fri goes..as in today....
no doubt it should be Freaky Fri :0
& Daiello.....I hear ya....I hear ya....& now ya want me to even give up timeframes? What's this world coming to?
One thing at a time...K? Not sure I can throw both the fundi's AND my timeframes out? lol
But here's 1 jus 4 u on this Freaky Fri
long turtle @ 98.05...lookin for 30-40 to 98.35+
& Nettles.....this all makes a tremendous amt of sense imo as long as u have the belief that our govt does not have our best interests at heart....that much has been gettin more & more obvious as this admin draws to its' end...that's fo'sho.
Gotta run....back a lil later on.....
Oh....OK....still riden the bull r ya...
yeah...like I said, it wouldn't surprise me to see it go a lil higher still (doesn't mean it should) but I'm still sticken 2 my guns of a double bottom all around....dollar, dow, etc.
& I'm askin for a 3 mos window for it all to go down....if by mid to late Jan we're still in the same range or higher still, then I'll have to take your hat & mine + a few crows & host an all u can eat for all we bears who have yet to come out ta feast.
Til then, (& I'll say it so u dont have to...lol) thus far your bull call has been the one no doubt....so indeed the right play here has been to keep hitten the long button & forgettin about the fundi's...somethin that I'm gonna need to work on myself.
So nice call thus far indeed....now that pat on the back best keep ya satisfied for at least a few more weeks...that & any profits u b bankin....& itza good thing too b/c your gen is gonna have a few bills ta pay...mostly thx to our current lame duck regime ;)~
The higher it goes, the harder it falls....gl w/it.....
I truly think that at these levels w/a fairly wide stop loss....a USD short will do well over the long haul. Just be prepared as the dollar may continue to go against the fundi's for a lil while longer....like the Dow, I'm guessin the powers that be may wanna continue pushin to higher levels b4 lettin the mrkt take control allowin things to handicap in the proper direction...after all, we couldn't possibly have a dollar trading in the .50 range...that would just be plain outright insanity....Boo!! :0
Japan reporting for duty.....
Minister: Japan ready with money for IMF bailout
Friday October 31, 12:54 am ET
By Yuri Kageyama, AP Business Writer
Japan's finance minister promises to provide bailout money through IMF
TOKYO (AP) -- Japan is ready to provide some of its ample cash for any International Monetary Fund bailouts for struggling nations to help stabilize the growing global financial crisis, the finance minister said Friday.
Japan will make that offer along with proposals about accounting standards and other regulatory adjustments needed to fix the growing economic woes at a world summit in Washington Nov. 15, Finance Minister Shoichi Nakagawa told reporters.
http://biz.yahoo.com/ap/081031/as_japan_financial_crisis.html
Fri should give us a better idea? On a scale of 1 to 10 w/10 bein the best idea....I gotta give it a .25 - .50....& that's bein kind....lol
But am I hearin u right....are you now callin for a retrace...r u officially off the bull...say it aint so? lol
I gotta say tho that there's still sooo much we still have ta get thru...from the election to the TARP which is barely oudda the gates.
I say sometime between now & mid Jan we'll know for sure if the dollar is headed for more pain. I agree w/the guy who was on ystrdy....he was sayin sometime over the next coupla mos we should know....think he was quotin more like 3 mos actually....mid to late Jan is a decent window. We gotta fully purge ourselves of the bush regime, get camp Obama in there & see the TRAP off 1st base & headed for 2nd.
Ya gotta admit....except for oil bein where it is....there aint much else to be happy about...unless of course you feel that we should be in bull mode simply b/c things haven't regressed quite as bad many were thinken. I happen to think that it's not a good sign as we still have much pain to come....as opposed to how the mrkts are tradin on this news....ie woo-who, it's not that bad.....yet. :0
The sooner we get thru the uglyness the better....tho I suppose the manipulative M.O. is to artificially move the mrkts as high as they can so that when we do finally take our meds (most likely after Obama gets in) the retrace wont seem quite as bad. Guess that all depends on how camp Obama wants to run the show. & speakin of which....makes me wonder how much influence Buffet will have on the econ bein he's an Obama econ advisor? Should be interesting....is it any wonder Buffet's been a buyer as of late.....both under Berkshire (some more BNI today I hear to the tune of 800K+) & his personal acct. Me thinks the Ol' Oracle of Omaha is gettin an early start on puttin his $$$$ where his political mouth is gonna be.
I dont know...Adami's sayin 10K b4 we see more pain....if that's the case...it sure wont be on the fundi's. Thus I'd be a nibblin here above 9K on the SDS.
& yet another reason as to why the mrkts are a mess....
so consensus is that the reason the mrkt was up today was b/c gdp wasn't as bad as forecast.....lol So let me get this straight....the #'s are still bad....showing contraction....yet b/c some of the Clowns who make these forecasts may have over shot to the downside justifies the mrkt goin north?
Wadda hoot....the econ is in bad shape but not quite as bad as the forecasters thot it would be......so sure, y not...let's party on people....we're all goin to hell in a hand basket that's wrpapped in a magic TARP..just not quite as fast....yeah....wadda bullish sign...LMAO!!!
http://biz.yahoo.com/ap/081030/wall_street.html
& that's the prob....making decisions based on the past.....when in fact they should be made FORWARD looking....the prob w/our Fed & rates indeed.
As for raising the kids...same thing....when there's a behaviour that needs modifying....focus on how they can improve going FORWARD....set them up for success & not place all that much focus on what went wrong...other than to explain why the behaviour needs to change.
& thus going back to the Fed....same thing....they should be saying....b/c rates were too low for too long, we should not be making the same mistake going forward...thus rates will be kept the same & if things do not improve over the next Q....we may need raise rates.
It's not the cost of money....it's the availbility of it.
What they are now doing is nothing different than going to the Hood where unemployment is double digits & saying.....here's a brand new credit card w/a 20K limit & the rate is 0% for the next yr. So they go on of course on their merry way & max out the card....do ya really think they'll be able to repay? Heck, you could even give them a 10% RETURN on their outstanding balances & they wouldn't be able to pay down the debt.
Sadly, we'll never have a Fed that's forward looking....they may say or want us to think they're....& sadly, most believe'em while the minority whose wiser imo know better.
Like Fleckenstein did....your only hope is to figure out a way to profit off of all this poor decision making...& you do that by looking forward all the while thinking about how they choose to continue manipulating us.
Having said that...I forget which CC Co it was (Visa come to mind) that reported ystrdy or the day b4....but evidently their profits are goin up...more & more folks having to pay for the necessities of life on their cc's.....might not be a bad equity play going forward.....ya just gotta hope personal banko filings dont get too high over the next yr or so....that's certainly one factor to consider here.
OK...gotta run.....time to go p/up the other one....gotta love the minimum days.
& here the cAt was tellin me to go w/them instead of Oanda b/c they now offer micro lots.
Tell ya what, it just may be worth it to go w/a fixed spread somewhere's else...I called MG the other week to confirm that they've kept their spreads pretty much @ 5 thru all of this...& yup, no changes over there the past few mos. So it just may not be worth the hassle of tryin ta save a pip or 2 (may even actually save a pip or 2 the way the spreads have been as of late @ Oanda)...& I'll get a far better deal as far as execution goes...possibly.
Quite the dramatic day.....gas leak at the preschool...really sucked b/c it occured in the few mins after we had parked & made our thru the door....they've been working on installing a brand new playground & the boneheads hit a line....a pretty big one too.....so once the fire dept arrived & evacuated us all out thru the back door, they of course wouldn't allow anyone who parked in the lot to get in their cars & leave...so we were stuck there for over an hr....& of course the big shndig was cancelled & resched for next Tues....so Halloween will live on at least until then at our house.....Booo!! ;)~
Here's a short lil intersst rate piece I just ran into....sorry...the person who sent it to me dint pony up the link...but when will they learn....it aint the rate that's the prob....& in fact the lower & longer they keep the rates down here....the more likelyhood we have of bigger problems in the future.....f'n MORONS we got runnin the show no doubt.
A Rate of Zero Percent From the Fed? Some Analysts Say It Could Be Coming
By EDMUND L. ANDREWS
WASHINGTON — Zero percent interest rates! It sounds like free money, or maybe a promotional deal from General Motors to get people to buy Hummers. Are zero rates coming to the Federal Reserve?
As it happens, the Fed is surprisingly close to that point already. On Wednesday, the central bank lowered its target for the federal funds rate — the rate that banks charge each other on overnight loans — to 1 percent from 1.5 percent.
But in practice, the actual federal funds rate fluctuates slightly around its target as the Fed carries out its open-market operations in the money markets. And because banks and financial institutions have been so frightened about lending in the last month, the actual Fed funds rate has been below 1 percent for the last two weeks. On Tuesday, it averaged only 0.67 percent.
A growing number of analysts now predict that the economy is so weak that the Fed will have to reduce its official target to zero if it wants to jumpstart the stalled economy.
Japan’s central bank reduced its benchmark interest rate to zero for five years, from 2001 to 2006. It did so mainly to combat a particularly persistent case of deflation, a broad-based decline in consumer prices, and to revive economic growth.
Some analysts see signs that the United States faces a similar threat. Like Japan’s, American banks have become so decimated by losses in real estate that they are either unable or unwilling to resume normal lending. And as prices for oil and many other commodities have crashed during the past two weeks, some analysts now warn that deflation might be a threat here as well.
With the Fed funds rate already down to 1 percent, and below one percent on many days, the central bank is fast approaching what economists call the “zero bound.”
If the Fed funds rate did drop to zero, it would not mean free money for consumers or businesses. The zero rate would only apply to the reserves that banks are required to maintain and that they lend to one another. Customers would still have to pay some interest, but the rates could be extremely low for some business borrowers.
The real question for policy makers is what to do if they reach a zero rate and still want to rev up the economy. Fed officials have studied the question closely, and the Fed chairman, Ben S. Bernanke, gave a famous speech on the issue when he was a Fed governor in 2002.
In that speech, Mr. Bernanke described a series of options. The simplest option would be for the Fed to start buying Treasury securities with longer maturities. Buying up those longer-term securities would push up their prices and drive down longer-term interest rates. If that didn’t work, the Fed could start buying up privately-issued debt, like corporate bonds.
In effect, the Federal Reserve would be printing more money and injecting it into the economy — a strategy of “quantitative easing,” in Fed jargon.
Too much money would provoke a new round of inflation and perhaps yet another asset bubble. But Japanese inflation never took off. After five years, the Bank of Japan cautiously raised its benchmark rate to .5 percent. This week, published reports have suggested that it might cut the rate in half once again.
yeah....got the camera batts all charged up.....
& I of course I meant the carry trade...not currency trade.....still early for me & gettin the Sbux withdrawl shakes already.
& is precisely why I find much in common w/the currency trade &......women....they're both like Imelda Marcos in a shoe store....can't make up their mind....or shall I say Nettles in a book store? ;)~
Good AM Gang...Halloween Parade Day at both schools today & it's a minimum day.....gonna be a limited one for me 'round here today.....lucky board. :))
spitfire roasted w/a fat ol' apple stuck in the mouth.....
now y would they wanna let the small fry's get in real trading groove...jus throw'em enuff bones ta make'em (errr us) think we're 1/2 way decent at this....all the while keepin us good 'n suppressed.
gotta agree w/the cAt....figure out when & where the fix is on & u will be free.
Agreed tho....sure would be a lot easier if we could simply relay on good ol' fundamentals....but w/all the manipulation that goes on.....that's next to impossible....& throw in the outlandish spreads & there ya have it....under the thumb we remain.
& now back to spinnen my habitrail wheel (enter some Jester pic of a mouse doin laps) :0
Edit...again: Well the All Ordinaries just opened up.....
I would say our Mates down under are goin thru the US Fed girations that we just put everyone else thru...
http://www.asx.com.au/
& I see where the spreads have been cranked up another level once again....perhaps this is the new rule as exchanges open up to begin their day?
Gold now showin a 200 spread & the Aussie a 7 handle.....when will this all end? Sheesh!!
Indeed...volitility is your friend....& the AO is up 1.5% right oudda the gates.....not a nad start at all....watchin the Aussie closely here....maybe a good long here on any weakness....maybe a retest of 6800 is in our very near future?
Well I heard some guy today (Howard was his last name I think) say that the dollar will (or at least should be) face a serious decline sometime w/in the next 3 mos....of course I'm thinken sooner than later.
Be interesting to see how much influence/manipulation the Obama regime has over all this....or how much his admin chooses to play a role...aint Buffet one of his finance Guru's advising him?
Anyone watch Fast Money today? Fleck was on again (via phone) & they said he'll also be back tomorrow...he spoke to the flawed idea of pegging everything to interest rates as we have. After all, is this not what got us into this mess in the 1st place? & now what are they doing....lowering rates when they should be raising'em...or at a minimum keeping them steady. There's sure 2 b a hige price to pay for all this for generations to come.....there has to be. Ya just can't print more money, wave a magic wand, click your heals 3 times & it all goes away. Now u watch as Obama deals w/it all....the gop will say "hey, we gave ya all the tools ya needed to fix it & u only messed it it all up even moreso"
Wadda f'n joke...the only thing the tools given are gonna be doin is causin more damage.....& now the latest is that we'll be even helping out 3rd world/emerging mrkt countries now....like we/they have a choice....lol
Why can't there simply be increased sin taxes....gambling, smoking, booze, etc? Also....why not have a surcharge on all financial investment transactions...buying, selling stocks, etc....after all wasn't it Wall St that got us where we are today? Just think how fast we'd be getting some of this back.....especially as much of the money is still on the sidelines right now just waiten to come back in. Nope....instead the powers that be choose to tax those who had nothing to do w/any of this "orgy of speculation & excess" as Nader puts it...lol
Unreal.....& what's even more amazing is that folks are so stupid to put up w/all this....buying into the line of BS & plan that Paulson & Co have sold us. Sure wish folks would stand up & make their representitves accountable..for once.
& I think thats the most frustrating thing of all...I dont think folks realize that w/their voting rights, we actually collectively have the power to make real change....not McLame or Obama change...as if that's change.
If you are really for true change....for those of you who are in the states where Obama is lookin like he'll have a cozy go of it (which is most staes right about now....I think it's close to 20 pts here in Cali for him)....think about voten for Nader....if he had his way, we Main Streeters wouldn't be ponying up a dime for any of this....imagine that...nope...& furthermore going forward, you can be assured that something like this wont ever happen again....& most likely woukd have never of happened in the 1st place if he were in office. I truly think if more folks were to take 10-15 mins to read about his platform, they'd read on ever further b/c they'd find that there's not much they'd be in disagreement with..if anything at all. Tho I will admit as for me, I do not like his mid east stance....& that's b/c of his Labenesse heritage....I think he's a lil myopic on this issue...sadly b/c it's a big one. Even so, I find that I agree w/way more of what he says & stands for as compared to anyone else out there....Obama & McLame included....lol So I wont let one issue stop me from voting for him....as critical as the mid east is imo.
OK....consider the daily soap box stepped on...goin back into the closet til tomorrow...unless someone else wants ta use it.
Back on topic in closing....the dollar has been fairly range bound most of the day.....well if u consider 100-200 pips range bound.....which lately can be viewed as a reasonable statement....lol
Yeah & that what turned out 2 b bogus GE piece of news that drove the mrkt into the close....now GE is sayin it was all taken oudda context....which I'm sure it was....by the media of course who ran w/it...Dow Jones Newswire, cnbc & I think Bloomberg too.
1/2 pt cut & the mrkt still trades down....indeed it makes me think that it was ysrtdy's rally that baked it all in. So w/that oudda the way now.....what else is there to keep this mrkt up? The ECB cut next week? Hardly.
Mark this post & come back & check where the dow is in say 2-3 weeks time....@ 8990 now....I'll say it'll be closer to 8K than 9k...possibly the high 7's.
OK...out on a limb now....sure hope someone has a real thick mattress down below :0
edit:
down to a conservative 7 now...lol
OK...1/2 way thru my posts...gonna take a lil breather here...& w/re to the book....I hear ya....it just may take me a yr or more ta get thru it myself...lol
Lastly.....wadda shocker...the down goin down...POST CUT!!!
Hmmmm......seems to me someone here was sayin this might occur ystrdy? lol
edit: dar she blows....50 basis......
& will ya look at the spreads.....F'n nutz....how can anyone trade these plays? Nothing lower than 6.5 - 7 across the board & most are at least 8....Oanda....crazy!!
Seems for now tho the dollar wants ta hang in this zone...you may have 2 b a lil more patient UB.....tons of manipulation goin on....between that & these spreads it's damn near impossible to trade this enviornment.....unless u have the ammo & stomach for truly long positions over several days.
& there goes the turtle southbound.....a few mins early.
I'll gladly send it out to ya when I'm done w/it....& if ya happen ta find a Nader/Gnozo audio cd burried deep w/in the book, consider that an added bonus ;)~
Just PM me on a IHub Happy Hr Fri w/an addy you'd like me to send it to....consider it a thank you from yours truly for all the great links you've provided for us here.
So no one's read "Greenspans Bubbles, The Age of Ignorance at the Federal Reserve" ?
Lookin forward to turnin the pages....finally ordered a gently used copy from Amazon which should arrive in a day or 2.
Greenspan's Bubbles = Bernanke's Migraine :0
NPR..of course....shoulda guessed....& agreed....can u imagine what an event like that would do to the country's psyche right now....let alone the tailspin it'd put on the mrkts. Tho then again, there's the belief that a GOP lead white house would be better for the econ in genl.
Now hearin calls of an Obama win by 20 pts....I was always sayin it'd be by approx 10+....but even I didn't have the kahoonas ta say 20....tho it wouldn't shock me either I suppose.
& what's this.....trending down here w/a 50 basis looming.....
oh the humanity :0
11% presently ya say.....now that's more like a # I could believe.....what source or where/who was sayin this? I may have ta beg listening to these folks....lol
So w/less than a week ta go now, wonder what the odds are on the assassanation attempt? They already spoiled one the other day.....never did really think the skin headz had enough smarts ta actually pull it off...heck, I'm not so sure the CIA could get the job done....lol.
Disclosure: In no way am I advocating such an act....I am quite opposed of course & think it would be an incredibly sad day in America if this were to occur...eclipsing the sadness on the day when MLK was taken out. Just don't want anyone ta think that by my use of the word "smarts" that I am suggesting such an event or think it would be a good thing.....much to the contrary of course. After all, Obama is by far the lessor of 2 evils as far as the republocrats go....but as long as we have this duopoly of a "democratic" system where even considering a 3rd party is considred outlandish & silly, I suppose I'm stuck rooting for an Obama win....& not that I think there'll be much change vs a McLame regime. We're screwed either way.
OK.....w/that disclosure out of the way....anyone wanna step out on a limb & handicap that one? I'll say +175 that someone actually pulls it off & -200 that we do indeed finally see our 1st Afro American Pres.....& it's high time. Tho I surely woulda lost the bet that we'd be seein a female caucasion Pres b4 a male Afro American...especially w/Billary out there on the loose.
I'll go try & dig this one up.....surely there's odds...we Yanks are pigs & will bet on anything. Heck, even my sister who isn't really all that much of a gambler asked me last night...."what are the odds on Obama to win?" When I asked her why she said that she wanted to win back the money she's donated....lol I told her that she'd most likely have to put up something like $20 to win $10 (-200).....& not but a few mos ago it was much closer to even money. I was tellin her back then that Obama was gonna win & that all the polls are BS...never really thot it was all that close to begin with....kinda like how the unemployment #'s are skewed. She shoulda placed that bet on him to win back then when it was even money. Tho wadda ya expect....I think she still shops @ Nordy's ;)~
http://www.zeitgeistmovie.com/
http://www.thevenusproject.com/
"Risk comes from not knowing what you're doing."
Warren Buffet
Keep on truckin Brotha!
& damn if I aint been hearin a 1/2 pt cut is what's now bein baked in.....too bad it's still very much a byobooze shindig :0
Ni TZzzzzzzzzzzzz
http://www.zeitgeistmovie.com/
http://www.thevenusproject.com/
"Risk comes from not knowing what you're doing."
Warren Buffet
yeah....they should simply leave'em & not bow to all the Wall St pressure....& if today's move wasn't the baking in of that action I'm not quite sure what else? On the short covering theory....hmmm, not so sure?...I'm thinken much of that has already occured...after all, I dont think the shorts collectively were all waiten for the last few mins of trading today ta cover. I'm guess'n it could be more so attributed to the belief that we'll be seein a cut this week & that it's now bein baked in. Ya really think if they lower rates that the mrt will go higher still? I wouldn't be surprised that after today, when/if we do get the cut, the mrkt may rally lightly just post cut & then sell off into the close. & quite frankly, I am of the belief that rates should actually be raised by a 1/4....or simply just left alone.
BWTFDIK?
http://www.zeitgeistmovie.com/
http://www.thevenusproject.com/
"Risk comes from not knowing what you're doing."
Warren Buffet
some humor...
thx to mtrewulf
Lawrence Livermore Laboratories has discovered the heaviest element yet known to science. The new element Governmentium (Gv) has one neutron 25 assistant neutrons 88 deputy neutrons and 198 assistant deputy neutrons giving it an atomic mass of 312. These 312 particles are held together by forces called morons which are surrounded by vast quantities of lepton-like particles called peons. Since Governmentium has no electronsit is inert however it can be detected because it impedes every reaction with which it comes into contact. A tiny amount of Governmentium can cause reaction that would normally take less than a second to take from 4 days to 4 years to complete. Governmentium has a normal half-life of 2- 6 years. It does not decay but instead undergoes a reorganization in which a portion of the assistant neutrons and deputy neutrons exchange places. In factGovernmentium's mass will actually increase over time since each reorganization will cause more morons to become neutrons forming isodopes. This characteristic of morons promotion leads some scientists to believe that Governmentium is formed whenever morons reach a critical concentration. This hypothetical quantity is referred to as critical morass. When catalysed with moneyGovernmentium becomes Administratiuman element that radiates just as much energy as Governmentium since it has half as many peons but twice as many morons.
Sure hope they continue to try & contain this horrific element....'specially bein that I live not but 6-7 mi from this facility :0
Jus like the lotto....if ya dont play ya cant win....errr lose...hehe
Ya know lately it hasn't even been worth it to look in on the major indeces til the last hr.....that's when the show really begins....the rest is nothin more than a lame opening act ;)~
Whoa....I saw it was up 500+...& that was real late...ya mean it had the audacity ta add almost another 400? lol
& he says "dang".....lol
Was this the huge snap rally we've been hearin about? Careful now....we all know how hard those dead kitty's can bounce :0
hehe
http://www.zeitgeistmovie.com/
http://www.thevenusproject.com/
"Risk comes from not knowing what you're doing."
Warren Buffet
OK....I decided ta put some deodorant on so it's OK now to step in the room....
Sheesh what happened to every1 2day? Especially considering all the big moves on the day...all over the place....including the Dow.
I had a few good hits today myself...mainly long euro/jpy....from 119.20 earlier this AM all the way to 122.45!! A 4.5 hr position....not bad...hehe
& good yappin w/ya cAt....or shall I say "Good Buddy" ?
10-4 & all that jive eh ;)~