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~~~~~~~COMPX 2/18/2009~~~~~~~
Previous Close 1470.66 -63.70
1452 SSKILLZ1
1440 QT
You know what...so what? People aren't spending. Lets all put the extra money in our pocket and be happy. Who cares about businesses? (unless you're a business owner)(I "was)).
This is a consumer era now. Lets all save. Let the economy go into a depression.. We've been spoiled for half a century.
I almost want to go back to the dark days. No cars, small cabins, candles for light, ect.
:)
Kinda looks similar to the double top we put in Oct./Nov. with the macd being lower then the 1st top.
Now the macd is higher then the first bottom. Interesting.
Question is..Do we test the highs or just $65 and back down we go.
Awesome post!
US Airways. Hey -- U following the story about the plane that had to land in Hudson River because a "flock" of birds blew out the engines??
Just a few things come to mind.
Why would a "flock" of "birds" damage the engines which are huge vaccuums and not make any mess on the nose or windsheild?
Why was the river clear when its usually a busy waterway??
How come the only shots we got were from a distance?
Why are the engines missing now??????????
http://www.foxnews.com/story/0,2933,480173,00.html
LOL $10 weekly salary? So thats interesting... I never thought abought that... does salary go up first then prices? Or inflation first then salary to match inflation?
Where do we stand now based on inflation? Is the average salary behind prices products?
lots of question marks. lol
Funnyn - Listening to 40's music on XM and they had the news for January 10, 1941 on. A loaf of bread 8 cents. Gallon of milk dropped to 42 cents. Ford car prices went up $100. Brand new Pontiac costs $900 now.
What I'm wondering..why could a loaf of bread stay at 8 cents? But an even better question to ask.. HOW MUCH DID IT COST TO MAKE IT???
Yeah, that is interesting. Hmmm
Add JBL here. Thanks.
Happy Birthday. JBL Under $7 now. Looks interesting. Anyone else looking at this?
JBL: Looks interesting. Whats going on with it? Cheap?
Awesome post. Thanks. Thats one sick drop and a lot of people felt it --- are feeling it --- will continue to feel it.
There is only one way to stop the acceleration and thats for sellers to stop lower their prices or take their homes off the market. Neither will happen because people still want out.
The trend now is the thinking that properties are pointless to maintain and throw your money into.
There won't be buyers demand, there won't be less inventory.
There will be more foreclosures, there will be more sellers lowering. Those that bought in early 2000's are now thinking of selling and thats another leg downward.
We may go to $160 on that chart and thats scary as a multiple home owner.
2012 we'll be at levels we are today.
Probably the best post I read. Thats why I saved it as a favorite. Thanks Bullwinkle.
Now that was one heck of a call. Nice one. I checked the time you posted that and it deserved a member mark. Nice call.
~~~~~~~COMPX 11/21/2008~~~~~~~
Previous Close 1316.12 -70.30
1345 SSKILLZ1
1307 QT
NWND - Wind Energy Stock
World Markets Plunge. U.S Futures Haulted Reached Down Limit!
INSANE!
http://www.msnbc.msn.com/id/27331275/
PLUG hit .60 Friday? Gees. Up 52% today to 1.06 now. I missed that. .60 ? Wow.
I agree. They are all taking a hit right now. Bad timing.
Awesome! Keep em coming. These are great
FA: Anything associated with numbers in the making? triple 7's?
9-29-08? I see 2 7's in there.
You see anything?
Point is...we've been talking about this since 2006. How did we see this coming, by the tops of the stock market? I think it was. Or was it our good instincts. Wallstreet and wealthy will finally get to feel whats its like to be middle class?
Then again, shorting and buying puts will make them stay wealthy. :)
BILL DID NOT PASS! It's happening. It's actually finally happening. Wow. dOW DOWN 700 PTS AT ONE POINT. NASDAQ DOWN 6%!
How come we have to use his 85 billion as the example? Fed wants 700 BILLION. So why not give out 1 trillion to the american people? What does that equate to.
Best $700 BILLION IDEA EVER. It would stimulate spending, investing, and job growth. What is wrong with this plan????
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=32447681
Posted by: nlightn
Date: Friday, September 26, 2008 9:17:41 AM
Can anyone find a flaw here??? I kinda like this guy's way of thinking!
The Birk Economic Recovery Plan
Hi Friends,
I'm against the $85,000,000,000.00 bailout of AIG.
Instead, I'm in favor of giving $85,000,000,000 to America in a We
Deserve It Dividend.
To make the math simple, let's assume there are 200,000,000
bonafide U.S. Citizens 18+.
Our population is about 301,000,000 +/- counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up.
So divide 200 million adults 18+ into $85 billon that equals
$425,000.00.
My plan is to give $425,000 to every person 18+ as a We Deserve It
Dividend.
Of course, it would NOT be tax free.
So let's assume a tax rate of 30%.
Every individual 18+ has to pay $127,500.00 in taxes.
That sends $25,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has $297,500.00 in their pocket.
A husband and wife has $595,000.00.
What would you do with $297,500.00 to $595,000.00 in your family?
Pay off your mortgage - housing crisis solved.
Repay college loans - what a great boost to new grads.
Put away money for college - it'll be there.
Save in a bank - create money to loan to entrepreneurs.
Buy a new car - create jobs.
Invest in the market - capital drives growth.
Pay for your parent's medical insurance - health care improves.
Enable Deadbeat Dads to come clean - or else.
Remember this is for every adult U S Citizen 18+ including the folks
who lost their jobs at Lehman Brothers and every other company
that is cutting back. And of course, for those serving in our Armed
Forces.
If we're going to re-distribute wealth let's really do it...instead
of trickling out
a puny $1000.00 ( "vote buy" ) economic incentive that is being
proposed
by one of our candidates for President.
If we're going to do an $85 billion bailout, let's bail out every
adult U S Citizen 18+!
As for AIG - liquidate it. Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.
Here's my rationale. We deserve it and AIG doesn't.
Sure it's a crazy idea that can "never work."
But can you imagine the Coast-To-Coast Block Party!
How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the $85 Billion.
We Deserve It Dividend more than the geniuses at AIG or in
Washington DC .
And remember, The Birk plan only really costs $59.5 Billion
because $25.5 Billion is returned instantly in taxes to Uncle Sam.
Ahhh...I feel so much better getting that off my chest.
Kindest personal regards,
Birk
T. J. Birkenmeier, A Creative Guy & Citizen of the Republic
PS: Feel free to pass this along to your friends as it's either good for a laugh or a tear or a very sobering thought on how to best use $85 Billion!!
Best idea ever, unfortunetly not everyone would use it wisely and would just spend it all...wait a minute, that means better economy.
Rich get richer so this wont happen. Banks will be bailed out.
Baby Boomers GoodBye:
I think people are ensconced with this 700 billion and they aren't thinking about the baby boomers pulling their money out of their investments to live off of.
I've been hearing too many institutions and company's saying "we're taking some off the table and waiting"...
I truely believe the boomers retireing are saying "give it all to me, I want whatever I have left"
And that my friends, is horrible news for the stock market.
I think "war" associated with McCaine has gone too far. Obama is for the people, McCaine is for the country. I still haven't chosen which I prefer.
I might as well just move out of this country and go somewhere better. lol
Don't forget, Congress and Senate are democrat now, so who cares if another republican is in office. Bills dont have to be passed all the time by repubs.
Unemployment Rate Chart Similarity:
I just look at the chart and very amazed how similar it is to the Great Depression. It wasn't until 3-4 years later we peaked at 25% unemployment rate.
So if thats happening now it puts us at 2012 25% unemployment rate which is the doom year everyone is talking about.
Lets not forget, population is more so 6% today is far worse than 6% in the 20's.
Will we wake up one of these days to the markets down 12%?????
Will we wake up one of these days to the markets down 12%?????
Welcome. Now try to welcome the kids born today or the nieve parents having the kids.
I have no nat gas available in my area. Sucks. It was the first thing I called to find out. I think if nat gas was available the company runs the line from street to your house for free but then you have to run the lines inside your home which gets costly.
Forget using electric, you end up paying more in winter with heat. I had an all electric 2 level "condo" which I rarely had the heat on and I was paying $300/mth. I can't imagine a house.
The only way to go is solar but people dont want to make the 10k investment up front because they might not even be there in 5 years!
So I learned to use the fireplace insert which is free after I chop some wood. Sweet.
LOL You should have seen my face when I was told practically day before the closing I owed for 3/4 tank of oil.
I still dont get that. Then We should have to pay for the insulation just added in the attic. I dont know.
Actually whats sad is that 2 full tanks of oil is almost a full year of taxes. Geesus
Thanks. Funny how moronic this really is. The only thing you can do is buy these stocks now. WHO WANTS TO BUY THEM NOW? Shorting was a way to hedge your buy position, nobody wants to buy these things now.
Might as well put a ban on buying stocks too. GEES.
my brain is bouncing all over the place.. trying to figure out how and who this 700 Billion package would benefit.
Do we root for a falling dollar, rising commodities, real estate bounce back, & stocks go up OR
rising dollar, falling commodities, bad markets, ....?
ECONOMY IN TURMOIL TIMELINE:: Awesome animated chart to see the different events since January 2007 to present:
http://www.msnbc.msn.com/id/26797480
Why is Oil up 22% alone to $122.00 ???
Why is oil up 22% today alone? What The?
Mortgage Reset Chart: Does anyone realize anything here???
2010 we reach another peak of mortgage resets for US home owners who have adjustable mortgages.
Is this another crisis in the works?