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Fed. ** No Action **
The Slosh Report:
http://www.gmtfo.com/RepoReader/OMOps.aspx
Real-Time Forex Streamers (2)
http://www.netdania.com/QuoteList.asp
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shoreco, nice to see you here
remember the meetings we had in Boston [cmgi] lol
Futures (3) + World Indices
http://www.cme.com/trading/dta/del/globex.html
http://money.cnn.com/data/premarket/
http://quotes.ino.com/exchanges/futboard/current/
- Has links for quotes and charts.
World Indices (2) Mini Charts
Updates every 60sec ~ Watch the dates!!
http://www.wwfn.com/commentary/oscharts.html
http://www.allstocks.com/markets/World_Charts/Asian_Stock_Markets/asian_stock_markets.html
Fed.(1)2) 1day RP + 6.25B [net drain-1.75]**
Fed.(2)1 Day Forward 28day + 20.00B**
The Slosh Report:
http://www.gmtfo.com/RepoReader/OMOps.aspx
W@G1 QQQQ 09/02/08 for a 09/03/08 close
47.50 bob3
47.47 Myself °¿° #msg-31871412 daily & 60m
46.95 rayrohn
46.60 Farooq
45.50 northam43
45.00 frenchee
Futures (3) + World Indices
http://www.cme.com/trading/dta/del/globex.html
http://money.cnn.com/data/premarket/
http://quotes.ino.com/exchanges/futboard/current/
- Has links for quotes and charts.
World Indices (2) Mini Charts
Updates every 60sec ~ Watch the dates!!
http://www.wwfn.com/commentary/oscharts.html
http://www.allstocks.com/markets/World_Charts/Asian_Stock_Markets/asian_stock_markets.html
The hammer may fall but l'm ready
some extra water, home cooked meals by Daughter.
thanks 4 tracking my area.
FACTBOX: Hurricane Gustav cuts U.S. oil, gas, threatens commods
Mon Sep 1, 2008 3:45am BST
http://uk.reuters.com/article/wtMostRead/idUKN3047239520080901
(Reuters) - Hurricane Gustav is first big storm threat to U.S. Gulf of Mexico energy and port infrastructure since Katrina and Rita in 2005.
The Gulf accounts for 25 percent of U.S. oil output and 15 percent of its natural gas production. More than a third of U.S. refining capacity is on the U.S. Gulf Coast.
Gustav is expected to make landfall on Monday near New Orleans, a big port handling raw material and foodstuffs. The Port of South Louisiana is the largest U.S. port in tonnes handled.
Katrina and Rita were Category 5 storms, the top of the hurricane intensity scale. Katrina hit New Orleans in August 2005. Rita hit near the Texas-Louisiana line that September.
Gustav was expected to come ashore as early as Monday on the Gulf Coast as at least a Category 3, though it was weaker on Sunday than when it crossed Cuba on Saturday.
---- IMPACT OF GUSTAV ON ENERGY SECTOR SO FAR ----
- The U.S. Minerals Management Service said on Sunday 1.25 million of 1.3 million barrels per day (bpd) of oil production (96.3 percent) and 6.1 billion of 7.4 billion cubic feet per day of gas (Bcfd) production (82.3 percent) had been shut in anticipation of Gustav. The figures were up from 76.8 percent of oil and 37.2 percent of gas on Saturday.
- MMS said personnel had been evacuated from 518 of 717 manned production platforms (72.3 percent), up from 223, and 86 of 121 drilling rigs (71.1 percent) in the Gulf, up from 45.
- NYMEX crude oil surged more than $2 a barrel to more than $117 a barrel in early electronic trading on Sunday, before paring its gains. Petroleum product prices also rose.
- The U.S. Environmental Protection Agency waived summer blend requirements in Louisiana to ease gasoline supply.
- Louisiana Offshore Oil Port stopped unloading ships Saturday and shut flows from storage Sunday.
- Oil from the Strategic Petroleum Reserve will be tapped, if necessary, the U.S. Department of Energy said.
---- OFFSHORE PRODUCTION IMPACTS ----
- Apache Corp said it shut 52,550 bpd of oil and 276 mmcfd of gas and evacuated 938 personnel.
- Shell Oil Co, largest Gulf producer, shut all 510,000 bpd oil equivalent and withdrew all 1,300 workers.
- Exxon Mobil shuts 28,000 bpd oil and 180 mmcfd gas and evacuated.
- Anadarko shut 150,000 bpoe and removed workers.
- Major firms BP Plc and Chevron shut production and evacuated personnel.
- Others including Petrobras and Marathon cut output and evacuated.
---- REFINERIES SHUT ----
- Exxon Mobil's 193,000 bpd joint-venture Chalmette, Louisiana.
- Murphy's 120,000 bpd Meraux, Louisiana.
- ConocoPhillips' Lake Charles and Alliance, Louisiana, total 485,000 bpd.
- Motiva's 236,000 bpd Norco, Louisiana.
- Marathon's 250,000 bpd Garyville, Louisiana.
- Calcasieu 80,000 bpd Lake Charles
- Valero 250,000 bpd St. Charles
---- REFINERY PRODUCTION CUTS ----
- Motiva's 235,000 bpd Convent plant not producing, but on standby for quick restart. Its 285,000 bpd Port Arthur plant at minimum rates.
- Valero Energy Corp 295,000 bpd Port Arthur, Texas; 130,000 bpd Houston and 245,000 bpd Texas City, Texas, refineries on reduced runs.
- Citgo's 430,000 bpd Lake Charles at half capacity
- Exxon Baton Rouge 503,000 bpd at half capacity.
- Exxon Baytown 567,000 bpd and 349,000 bpd Beaumont at reduced rates.
- Kinder Morgan said its Plantation products pipeline would keep operating long as possible, restart as soon as possible.
- Operator of Henry Hub, the major south Louisiana pipeline junction for natural gas, shut down Sunday.
- Gas pipeline operator Enbridge stopped taking production Saturday on systems with 6.7 Bcfd capacity.
- El Paso Corp said its Tennessee and Southern Natural gas pipelines saw throughput cuts totaling 637 mmcfd.
---- SHIPPING IMPACTS OF GUSTAV ---
- Houston Ship Channel closed to inbound traffic at midnight Sunday (1:00 a.m. Monday EDT).
- River pilots said Mississippi River traffic at New Orleans halted inbound at noon (1:00 EDT) Saturday, outbound as of 6 p.m. central U.S. time (7:00 p.m. EDT).
- Pilots halt traffic at Lake Charles Sunday.
- Beaumont and Port Arthur, Texas, halted Sunday
There was near total shutdown of Gulf oil and gas output at that time, 1.5 million bpd of oil and 10 Bcfd of gas.
- Twenty-nine percent of U.S. refining capacity was shut at peak.
- Winds and waves destroyed 124 platforms and damaged about 50 others, damaged or wrecked 535 pipeline segments and sank or set adrift 28 drilling rigs, MMS said.
(Reporting by Bruce Nichols, Erwin Seba, Chris Kelly and Marcy Nicholson; Editing by Anthony Boadle)
That's me on yahoo
Bob3
4God, Chichi2 is aware of NAK request
by me @ yahoo board & posted answer....Spin
Fed. Ops: 50.50B Matures this week.
Tue: 8.50B 4day
Wed: 20.00B 28day
Thu: 5.00B 14day
>>> 17.00B 7day
========================================================
Temp Ops:
=======================================================
Public Debt:
Limit ~ $10,600 T
8/28 ~~ $9,650 T
New $10.6 trillion debt ceiling.
#msg-30998680
=========================================================
The Slosh Report:
http://www.gmtfo.com/RepoReader/OMOps.aspx
Hi Bob3nc! I believe your referring to Bob Gilam's hunting lodge/mansion!
Click on this link for information on this slob and scroll through it for the photos you want to see.
http://www.bob-gillam-cant-buy-alaska.com/
IMHO
Tom
NAK....
Hi Bob3nc! I believe your referring to Bob Gilam's hunting lodge/mansion!
Click on this link for information on this slob and scroll through it for the photos you want to see.
http://www.bob-gillam-cant-buy-alaska.com/
IMHO
Tom
Hi Bob3nc! I believe your referring to Bob Gilam's hunting lodge/mansion!
Click on this link for information on this slob and scroll through it for the photos you want to see.
http://www.bob-gillam-cant-buy-alaska.com/
IMHO
Tom
•• Earnings Calendar for the Week Ahead ••
B = Before-Market Hours
D = During-Market Hours
A = After-Market Hours
REPORTS TO BE ANNOUNCED FOR WEEK OF SEP 1 - SEP 5
#msg-31836144
Courtesy...Bullwinkle
Schiff: Let’s Get Real about Real Estate
Peter Schiff,
Euro Pacific Capital, Inc.
Friday, 29 August 2008
Once again, real estate market watchers have pounced on a shred of seemingly positive news to proclaim that the long sought “bottom” is in sight. The routine is becoming extremely stale, but somehow the media never seems to tire of it. This time the “good” news was that the percentage declines in national home prices (according to Case Shiller) in July where not as large as they were in June. Although the report contained many other negative data points, including increased inventories and a spike in foreclosure sales, it was the slowing declines that got spotlight. Talk about grasping at straws. The truth is that real estate has been grossly overvalued for years, and the adjustment process back to realistic pricing has only just begun. The problem is few among us seem to appreciate the magnitude of this adjustment and its implication for an economy dependant on inflated assets values.
By most accounts, the decade long housing boom began in 1996 and finally went poof in mid-2006. In January 1996, the Case Shiller 10 city composite home price index stood at 76. By June 2006 it had tripled to 226, by far the largest increase in U.S. history. Since then, the index has pulled back by 20% to 180. For those who believed that home prices could never retreat nationally, this 20% correction is more than enough. In reality, it’s just the down payment.
When real estate prices were expected to rise in perpetuity, the price of a house had two components, one representing shelter and the other investment. The shelter component was the actual utility and desirability of the house and the investment component was the expected future appreciation. My guess is that at the peak of the real estate mania, a $500,000 house might have been comprised of $250,000 for the shelter component and $250,000 for the investment component.
In effect, the appreciation potential, and the ability of the homeowner to tap into it through refinancing and home equity loans, offset the real costs of home ownership, such as mortgage payments, taxes, insurance, and maintenance. So the main reason a buyer would commit to a mortgage that would soak up 50% of his disposable income was that he expected to recover most of that outlay through future appreciation. Absent the expectation of that windfall, buyers would not have been willing to pay such staggering prices for houses or commit to burdensome mortgage payments.
Lenders were caught in the same delusion. Since they too believed prices could only rise, lending standards were thrown out the window. If the collateral (the house) were to always rise in value, what difference would it make if the buyer made the payments? In effect, instead of relying on the borrower’s ability to pay to mitigate its risk, lenders merely relied on the house’s ability to appreciate.
However, now that real estate prices are falling, lenders are beginning to rely solely on the borrower’s ability to pay. As this trend continues, lending standards will tighten and mortgages will be brought back into line with the incomes of borrowers. In addition, down payments will be larger to reflect the greater likelihood of losses should loans end up in foreclosure. When prices were rising the foreclosure risk was negligible. However, now that foreclosures are soaring and recovery rates are less than 50 cents on the dollar, those risks are enormous.
So with falling real estate prices, mortgages are much less appealing to both borrowers and lenders. The only solution is for home prices to fall to where they are cheap enough for buyers to afford the mortgage payments (both interest and principal) without relying on appreciation, teaser rates, or negative amortization, and save enough for a down payment that would protect a lender in the event of default. In addition, the collapse of the mortgage securitization market means houses must be cheap enough for our limited pool of domestic savings to supply the funding, as we will likely lose access to much of the foreign funding that fueled the bubble.
Of course we need to be honest about the winners and losers of this credit crunch. Just because mortgage money becomes scarce and lending standards tighten does not mean people will not be able to buy houses --it simply means they will pay a lot less for them and that fewer new houses will be built. Therefore it is sellers, builders and those holding or insuring existing mortgages who lose, while buyers win big. That is because despite higher interest rates and larger down payments, they end up borrowing a lot less money. In the end they will become true homeowners rather than indentured servants. If home ownership is truly is the American dream that so many realtors profess, then the ongoing collapse in home prices will be a dream come true.
http://news.goldseek.com/EuroCapital/1220029228.php
Agents from the FBI and the Internal Revenue Service raided the Alaska home of Sen. Ted Stevens (R) yesterday as part of a broad federal investigation of ...
www.washingtonpost.pages
both in this pic
almost, try using names of the 2 guys
just indicted
Can't give any more than what we have but
this very long & Bolded...thats yahoo for ya, thanks.
Chichi2 there is an aerial shot of
this mine site & the crooks, l have searched past hrs but it's buried somewhere in msg board below.
my tools are limited...
http://messages.finance.yahoo.com/mb/NAK
l hope she has positive drill esp
regard NAK......now up abit so as long as the news keeps up.
From what we know so far Perfct fit, + .11
Sarah Palin ~ Bio
http://en.wikipedia.org/wiki/Sarah_Palin
Fed.4day RP + 8.50B [ net add +0.50B ]
The Slosh Report:
http://www.gmtfo.com/RepoReader/OMOps.aspx
Futures (2) + World Indices
http://www.cme.com/trading/dta/del/globex.html
http://money.cnn.com/data/premarket/
World Indices (2) Mini Charts
Updates every 60sec ~ Watch the dates!!
http://www.wwfn.com/commentary/oscharts.html
http://www.allstocks.com/markets/World_Charts/Asian_Stock_Markets/asian_stock_markets.html
4 more Cane Flows
http://www.nhc.noaa.gov/
Capstone Turbine Announces Shipment of Its First C200 Production Unit Ahead of Schedule
Thursday August 28, 9:30 am ET
CHATSWORTH, Calif.--(BUSINESS WIRE)--Capstone Turbine Corporation (NASDAQ:CPST - News) (www.microturbine.com), the world’s leading clean technology manufacturer of microturbine energy systems, announced that it will ship its first C200 production unit today. Originally scheduled for shipment in late September, Capstone was able to deliver this first unit earlier than planned. This first production unit is shipping to Integrated Building Technologies (IBT) S.R.L., the company’s distributor in Italy. The system will be installed in a wastewater treatment facility in Biella, Italy, and will operate on methane gas generated from the digesters at the facility.
http://biz.yahoo.com/bw/080828/20080828005464.html?.v=1
Fed.(2)3) 7day RP + 17.00B [net add +6.00B ]
Fed.(3) 1day RP + 8.00B
The Slosh Report:
http://www.gmtfo.com/RepoReader/OMOps.aspx
Fed. 14day RP + 7.00B [ SoFar
The Slosh Report:
http://www.gmtfo.com/RepoReader/OMOps.aspx
Real-Time Forex Streamers (2)
http://www.netdania.com/QuoteList.asp
http://www.forex-markets.com/quotes.htm
8" heavy rain here sink holes many
low areas total flooded...Charlotte NC
lakes filling from runoff a few sm bridges closed.
Good wagy Farooq /e
NAK + .60/ now + .85
NAK + .60 /
Fed.1day RP + 5.50B [all add]
The Slosh Report:
http://www.gmtfo.com/RepoReader/OMOps.aspx
W@G2 QQQQ 08/27/08 for a 08/29/08 close
47.67 rayrohn
47.54 Farooq
46.90 bob3
Futures (2) + World Indices
http://www.cme.com/trading/dta/del/globex.html
http://money.cnn.com/data/premarket/
World Indices (2) Mini Charts
Updates every 60sec ~ Watch the dates!!
http://www.wwfn.com/commentary/oscharts.html
http://www.allstocks.com/markets/World_Charts/Asian_Stock_Markets/asian_stock_markets.html
Citigroup Limits Meetings, Color Photocopies to Reduce Costs
By Joyce Moullakis
Aug. 26 (Bloomberg) -- Citigroup Inc., the biggest U.S. bank by assets, will ban off-site meetings among its own employees and cut back on color photocopying as part of a plan to clamp down on expenses as investment banking revenue declines.
Executives in the New York-based bank's institutional clients group will need to ensure spending is ``highly efficient,'' according to an internal memorandum. A Citigroup spokesman in London confirmed its contents today.
Employee meetings must be held within Citigroup offices and client events will require approval, the memo said. Color photocopiers will be removed from some locations and their use will be limited to client presentations. The memo didn't say how much money the new rules will save the bank.
Citigroup cut about 14,000 jobs in the first half after reporting $55 billion of writedowns and credit losses in the past year, more than any other bank, according to data compiled by Bloomberg.
``We have spent considerable time looking at our headcount and related expense, and while we have made progress in that area, we still have more work to do,'' the memo said.
Financial firms globally have eliminated 101,250 jobs since the beginning of the credit crunch. Other banks are also tightening their belts. Deutsche Bank AG requires dealmakers to get their managers' approval for taxi journeys in advance, and business meals must not exceed 50 pounds ($92) per person, the Independent newspaper reported in April.
Citigroup is also scaling back external training, which will be limited to that which is ``strictly necessary,'' the memo said. Purchases of computer hardware and software must also be pre-approved under the new rules, as must all non-client travel, the bank said. The U.K.'s Daily Telegraph newspaper reported the contents of the memo earlier today.
``We will be conducting a review of our Blackberry usage,'' Citigroup said. ``In the interim, all new Blackberries will require pre-approval.''
To contact the reporters on this story: Joyce Moullakis in London at jmoullakis@bloomberg.net;
Last Updated: August 26, 2008 06:53 EDT
George, TY
Fed.(1)2)2day RP + 6.50B [mini Drain -0.50 ]**
**Fed.1 Day Forward 28day + 20.00B
The Slosh Report:
http://www.gmtfo.com/RepoReader/OMOps.aspx