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Early results: Iceland voters reject debt deal
http://news.yahoo.com/s/ap/20100307/ap_on_bi_ge/eu_iceland_financial_crisis
This whole kool-aid thing has been wondering about things. The markets should be tanking but again, the fed is blowing more hot air into this bubble. I'm seriously looking at my charts again and hope to post some new stuff this weekend.
Jobs report today at 8:30am est.
Interesting.... "tookus" as in took us for all of our money.
It's the 11th hour and now they are "serious"?
Woo hoo... 77% sells
On the other hand, TZA looks like a steal.
That was announced early last week.
Sitting good.
welcome to bag land
Says who? It's a long time until May comes.
Futures drifting lower.
Looks like it. It was one of the scenarios. Looking for the retracement now.
Sure looks like it. But, in this market, going long is very risky imo.
Today's released numbers:
At 7:30 a.m. ET, outplacement firm Challenger releases a report on layoffs. That's shortly followed at 8:15 a.m. ET by payroll processing firm ADP's reading on private-sector payrolls.
After U.S. markets open, a report on the services sector is on tap, and the Federal Reserve will release its Beige Book of economic conditions at 2 p.m. ET.
Wednesday: Stocks Ignore Data; Goldman a Better Indicator?
http://www.cnbc.com/id/35679786
We do?
Exactly. And other than iHubbers, who special orders light bulbs? Also, it's not exactly a product that one would see on tv and do an implusive buy.
So, Amazon ran out just 3 months ago from the run from a couple years ago. And, some old the bulbs can once in a while be found in Walgreens. What does that tell you? It tells me that the bulbs don't sell all that well.
Yup. I posted it on the QMIN board this morning. What blows me away is how he can afford it. One of those suckers run a shit load.
Market declined to end the day.
8 reasons Wall Street loses another 20% in this decade
http://www.marketwatch.com/story/wall-street-is-stealing-another-20-from-you-2010-03-02?pagenumber=1
Quest Minerals & Mining Continues to Upgrade Equipment
http://finance.yahoo.com/news/Quest-Minerals-Mining-pz-2057643582.html?x=0
Press Release Source: Quest Minerals & Mining On Tuesday March 2, 2010, 9:00 am
PATERSON, N.J., March 2, 2010 (GLOBE NEWSWIRE) -- Quest Minerals & Mining Corp. (Pink Sheets:QMIN - News) (Frankfurt:QMN9 - News), a Kentucky based operator of energy and mineral related properties, today announced the addition of another Joy 14-9 miner to be incorporated as part of their main operational equipment line.
The recent equipment upgrade replaces an existing Joy 14-10 and is intended to operate in conjunction with their other Joy 14-9 miner, which was previously integrated last year.
Eugene Chiaramonte, Jr., President of Quest, commented, "Having two miners of the same caliber is very beneficial from an operations standpoint. Both pieces of machinery are now each capable of generating between 1,300 and 1,500 raw tons of coal in an eight hour period. Having the two miners working in cycle also allows for less downtime. While one machine sets up for a heading change, the other miner continues on with coal production. Additionally, similar mechanical specs allow for interchangeable replacement parts, which can be helpful with repair delays. With the price of coal starting to rise once more, we are already starting to see an increased demand for our metallurgical compatible grade coal. This miner brings us one step closer to meeting our goal of 10,000 clean tons per month."
About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at http://www.globenewswire.com/newsroom/ctr?d=185540&l=5&a=www.questmining.net&u=http%3A%2F%2Fwww.questmining.net%2F.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.
Contact:
Quest Minerals & Mining Corp.Eugene Chiaramonte, Jr.973-684-0035
Nice. Holding my ETFs for the ride. Just a waiting game at this point.
Preview on the week ahead.
http://money.cnn.com/2010/02/28/markets/sunday_lookahead/index.htm
Just had a nice talk with my Chinese buddy that lives in London. He wants us to vacation this summer in Thailand. Looking now for the markets to fail big time so I can take the trip with a boat load of cash.
Yup. I'm holding a sh1t load of TZA. Averaged in at $10.10 I'm really thinking that March starts the next fall of the markets. Then, this summer we just might see the start of the big fall of the markets. If we get a full retrace to a double bottom, these 3x bear stocks will be triple digits again.
FAZ looks good here
Somes things just will never work. Check out Finnish rap. LMAO!
LMAO
LMAO.... yuk
I hated disco until one day, I went to the disco and saw all the babes in those skin tight spandex type pants and very loose halter tops dancing. And the moves were things like the bump and stuff like that. As a male in my late teens, add a few beers, and shhhhaaaa-wing... I was there. There was basically no such thing as DWI nor the expense like there is now. Lots of places let the women in for free and most even let them drink for free, too. Cover charges were a standard $1 and pictures of beer at the most ran $1.25. And the pictures were those really big pictures, too, so drinking 2 of those was more than enough. One place use to have wet t-shirt contests once an hour where the table of guys that yelled the loudest got free pictures of beer for an hour. Some places even had female mud wrestling where the girls would usually end up naked all covered in mud. The disco dance floors were spectacular. Many were multi-level multi-colored smoke lighted colored glass floors. One place bragged to have a dance floor the size of a football field. It was the entire bottom level of a mall. And one of us usually new one of the bartenders so that meant free shots all night. It was a gloriest time in my life. I'm amazed I'm still alive now, come to think of it. Cars back then were made like tanks so you could really ram into things without any damage. I remember once taking out an entire row of 20 mailboxes and not even scratching my car, a 1968 Buick Skylark. And gas??? Anywhere from .18 to .32 a gallon. You could go out on a Saturday night with $5, gas up, get ripped, get lucky, get a bit to eat on the way home, and still have change left in your pocket the next morning. Ohhhh... whoppers back then were .59 and let me tell you, they were whoppers.... probably twice the size they are now. Man... do I sound like my dad now or what? LMAO!
That's because most disco joints went out of business around 1980. Disco didn't really last but maybe 5 years if that, 1975-1980.
Yeah, but in those 4 years, you missed out on the disco bars when they were the biggest. There use to be these absolutely amazing dance floors back in the late 70s. But then, I grew up in the big city of Detroit rock city.
You know it. And the 70s, too, at the discos.