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Nothing happens.
I clicked "Settings"
Then clicked "Window Specific Filters".
Went to the BBs and RSI and entered "2".
Clicked OK ...
Got nothing.
No streaming info.
Scottrade users who get Trade Ideas ...
Is there NO Bollinger Band filter?
Nor an RSI scanner?
Hey guys!
When do the inverse ETFs start moving UP again?
Do U.S. pandemic plans threaten rights, ACLU asks
By Maggie Fox, Health and Science Editor 1 hour, 45 minutes ago
WASHINGTON (Reuters) - U.S. policy in preparing for a potential bird flu pandemic is veering dangerously toward a heavy-handed law-enforcement approach, the American Civil Liberties Union said on Monday.
The group, which advocates for individuals' legal rights based on the U.S. Constitution, said federal government pandemic plans were confusing and could emphasize a police and military approach to outbreaks of disease, instead of a more sensible public health approach.
"Rather than focusing on well-established measures for protecting the lives and health of Americans, policymakers have recently embraced an approach that views public health policy through the prism of national security and law enforcement," the ACLU report reads.
But the U.S. Health and Human Services Department (HHS) said the group had misunderstood the government's approach and said current plans already incorporate many of the ACLU's recommendations.
Infectious disease experts agree that a pandemic of some sort of influenza is inevitable, and most worries focus on H5N1 avian influenza. Although it mainly attacks birds, the virus has infected 349 people since 2003 and killed 216 of them.
A few mutations could turn it into a highly infectious disease for people and could kill millions globally.
Most countries are working to develop plans to deal with the potential consequences. The U.S. plans are available on Web sites such as http://pandemicflu.gov.
The ACLU said it was worried that the plan called for military and police involvement in enforcing a quarantine.
The ACLU experts said they were especially disturbed by an October executive order from President George W. Bush that directed HHS to establish a task force to plan for potential catastrophes like a terrorist attack, pandemic influenza or a natural disaster that would ensure full use of Department of Defense resources.
The Bush order does not specify what the Department of Defense role would be, but also mentions military medical research facilities that have played a role in health for decades.
"Pandemic planning today tends to emphasize mandatory vaccination and forced treatment," the ACLU's Tania Simoncelli told a news conference.
Go to Yahoo for rest of story
Well, here it is .. 3 months later ...
AQI is $2 cheaper.
But since gold and silver are rallying, I will be patient ...
and patient ...
and patient ...
and patient ...
and patient ...
I was right about the ascending triangle ...
HUGE breakout.
Too bad I sold on Friday.
oh well.
well, even if you didn't ...
it's UP in afterhours ....
so you'll get another chance on Monday.
:>)
negative?
Uh?
You DIDN'T take your profits?
I'm surprised the lil' bugger is up afterhours.
must be a bunch of "johnny-come-latelys.
LOL!
Technically, it was time to get out.
Thank you!!
And did you do so as well?
$$$$$$$$
:>)
I'm OUT TODAY @ $126.+change.
Beautiful move today, eh?
:>)
I couldn't resist!
Didn't want to press my luck, .. and good fortune, so, I took my profits.
$$$$$$$
Double top.
$122 would not only be a double top, but would also create an ascending triangle pattern.
Draw a trend line from the "bottom" of 12/10/07 to the present and then a straight line from $122 to $122 ....
Although I don't play chart patterns, the ascending triangle signifies a breakout to the upside.
CHIOSC(3,10)
what kind of oscillator is that?
CHI?
White candlestick today!
Good!
$$$$$$
Merry Xmas to you to frenchee.
I see on the chats there are rumors flying that some brokerages will have bad reports this week.
Good time for SKF.
yes, santa.
now give me those toys!
SRS = 92.98!!
Closed .05 cents from it's low.
It's almost time ....
FOR A RUNNNNNNNNNNNNNNNNNNNNNNNNNNNNN
to the UP$$$$$$$IDE!!
;>)
See you at 0.08 cents.
Luv,
Janet.
:>)
oh $#!T!!
CNBC re-running that interview.
he's stuttering.
Bernanke AND Paulson know the U.S. is in deep deep boo boo.
Those guys are way too smart for this ponzi scheme.
I bet they hate working for monkey boy.
sold 200k
buy 200k?
NOT possible.
only 350K shares traded the whole day.
thats Y NNVC closed -0.01.
Going down tomorrow too!
watch!
:>)
yep. it IS amazing.
somebody had 200K shares and dumped 'em.
Look at Maria interviewing Paulson.
He's aged 20 years since he got his job!
Must be stressful pulling the wool over the whole world's eyes.
Ya' know,
I MISunderstood how SRS works.
I thought AS the real estate debacle worsened, SRS would trend up.
And, yes I DID think it would go "straight" up.
Unfortunately, SRS doesn't work like that.
At this rate, it's highly unlikely SRS is going to $200.
oh well ... I ain't gettin' rich off this one.
live and learn.
:>(
are we going back to 90?
BUY Rating on NNVC!!
@ 0.08 cents.
History repeats itself!
Merry Xmas!!
:>)
WHO said SRS was going back to $90?
How did you know?
I LOVE that little rally monkey!
We will be hearing from him a lot!!
$$$$$$$$$$
Go $R$!!
;>)
$122 !!!
Yee haw!!!
Here ya' go ..........
AP
Have We Seen Worse of Mortgage Crisis?
Saturday November 24, 1:34 am ET
By Joe Bel Bruno, AP Business Writer
New Wave of Mortgage Failures Could Create a Nightmare Economic Scenario
NEW YORK (AP) -- When Domenico Colombo saw that his monthly mortgage payment was about to balloon by 30 percent, he had a clear picture of how bad it could get.
His payment was scheduled to surge by an extra $1,500 in December. With his daughter headed to college next fall and tuition to be paid, he feared ending up like so many neighbors in Fort Lauderdale, Fla., who defaulted on their mortgages and whose homes are now in foreclosure and sporting "For Sale" signs.
Colombo did manage to renegotiate a new fixed interest rate loan with his bank, and now believes he'll be OK -- but the future is less certain for the rest of us.
In the months ahead, millions of other adjustable-rate mortgages like Colombo's will reset, giving them a higher interest rate as required by the loan agreements and leaving many homeowners unable to make their payments. Soaring mortgage default rates this year already have shaken major financial institutions and the fallout from more of them, some experts say, could spread from those already battered banks into the general economy.
The worst-case scenario is anyone's guess, but some believe it could become very bad.
"We haven't faced a downturn like this since the Depression," said Bill Gross, chief investment officer of PIMCO, the world's biggest bond fund. He's not suggesting anything like those terrible times -- but, as an expert on the global credit crisis, he speaks with authority.
"Its effect on consumption, its effect on future lending attitudes, could bring us close to the zero line in terms of economic growth," he said. "It does keep me up at night."
Some 2 million homeowners hold $600 billion of subprime adjustable-rate mortgage loans, known as ARMs, that are due to reset at higher amounts during the next eight months. Subprime loans are those made to people with poor credit. Not all these mortgages are in trouble, but homeowners who default or fall behind on payments could cause an economic shock of a type never seen before.
Some of the nation's leading economic minds lay out a scenario that is frightening. Not only would the next wave of the mortgage crisis force people out of their homes, it might also spiral throughout the economy.
The already severe housing slump would be exacerbated by even more empty homes on the market, causing prices to plunge by up to 40 percent in once-hot real estate spots such as California, Nevada and Florida. Builders like Chicago's Neumann Homes, which filed for bankruptcy protection this month, could go under. The top 10 global banks, which repackage loans into exotic securities such as collateralized debt obligations, or CDOs, could suffer far greater write-offs than the $75 billion already taken this year.
Massive job losses would curtail consumer spending that makes up two-thirds of the economy. The Labor Department estimates almost 100,000 financial services jobs related to credit and lending in the U.S. have already been lost, from local bank loan officers to traders dealing in mortgage-backed securities. Thousands of Americans who work in the housing industry could find themselves on the dole. And there's no telling how that would affect car dealers, retailers and others dependent on consumer paychecks.
Based on historical models, zero growth in the U.S. gross domestic product would take the current unemployment rate to 6.4 percent. That would wipe out about 3 million jobs from the economy, according to the Washington-based Economic Policy Institute.
By comparison, in the last big downturn between 2001-03 some 2 million jobs were lost, according to the Labor Department. The dot-com bust early this decade decimated the technology sector, while the Sept. 11, 2001, terror attacks hurt the transportation and allied industries. Economists said the country was officially in recession from March to November of 2001, but the aftermath stretched to 2003.
There is increasing evidence that another downturn has begun.
Borrowers who took out loans in the first six months of this year are already falling behind on their payments faster than those who took out loans in 2006, according to a report from Arlington, Va.-based investment bank Friedman, Billings Ramsey. That's making it even harder for would-be buyers to get new mortgages -- a frightening prospect for home builders with projects going begging on the market, and for homeowners desperate to unload property to avoid defaulting on their loans.
Meanwhile, the number of U.S. homes in foreclosure is expected to keep soaring after more than doubling during the third quarter from a year earlier, to 446,726 homes nationwide, according to Irvine, Calif.-based RealtyTrac Inc. That's one foreclosure filing for every 196 households in the nation, a 34 percent jump from just three months earlier.
Such data suggests more Americans could lose their homes than ever before, and those in peril are people who never thought they'd welsh on a mortgage payment. They come from a broad swath -- teachers, pharmacists, and civil servants who were lured by enticing mortgage terms.
Some homebuyers gambled on interest-only loans. The mortgages, which allowed buyers to pay just interest at a low rate for two years, were too good to pass up. But with that initial term now expiring, many homeowners find they can't make the payments. The hopes that went along with those mortgages -- that they'd be able to refinance because the equity in their homes would appreciate -- have been dashed as home prices skidded across the country.
"It's been said a lot of people have been using their homes as ATM machines," said Thomas Lawler, a former official at mortgage lender Fannie Mae who is now a private housing and finance consultant. "The risk has a lot of tentacles."
This example illustrates the distress many homeowners are in or will find themselves in: A subprime adjustable-rate mortgage on a $400,000 home could have payments of about $2,200 a month, with borrowers paying 6.5 percent, interest only. When the teaser period expires, that payment becomes $4,000, with the homeowner paying 12 percent and now having to come up with principal as well as interest.
Minneapolis resident Chad Raskovich found himself in a such a situation. He hoped -- it turned out, in vain -- to gain more equity in his home and that a strong record of payments would enable him to secure a better loan later on.
"It's not just me, it's a lot of people I know. The housing market in the Twin Cities has dramatically changed for the worse in the years since I purchased my home. Now we're just looking for a solution," he said.
Colombo, who lives in the planned community of Weston just outside Ft. Lauderdale, said the reset on his home would have "destroyed' his financial situation. He went to Mortgage Repair Center, one of hundreds of debt counselors trying to bail out desperate homeowners, to work with his lender.
"But many people in my neighborhood didn't get help, and some have literally just walked away from their homes," said Colombo. "There are over 133,000 homes on the market in Broward-Miami-Dade counties, and some of them were actually abandoned. People in this situation don't like to talk about it, and end up getting hurt because they don't."
Many Americans are unaware that a borrower defaulting on a loan can have an impact on everyone else's well-being and that of the nation. After all, the amount of mortgages due to reset is just a fraction of the United States' $14 trillion economy.
But the series of plunges that Wall Street has suffered in past months prove that no one is immune when mortgages turn sour.
Today's financial system is interconnected: Mortgages are sold to investment firms, which then slice them up and package them as securities based on risk. Then hedge and pension funds buy up such investments.
When home prices kept rising, these were lucrative assets to own. But the ongoing collapse in housing prices has set off a chain reaction: Lenders are tightening their standards, borrowers are having a harder time refinancing loans and the securities that underpin them are in jeopardy.
This has resulted in more than $500 billion of potentially worthless paper on the balance sheets of the biggest global banks -- losses that could spill into the huge pension and mutual funds that also invest in these securities and that the average worker or investor expects to depend on.
There's more pain left for Wall Street: "We're nowhere close to the end of the collapse," said Mark Patterson, chairman and co-founder of MatlinPatterson Global Advisors, a hedge fund that specializes in distressed funds.
"I just assumed banks could stomach these kind of losses," said Wendy Talbot, an advertising executive when asked about the subprime crisis outside of a Charles Schwab branch in New York. "I guess you don't really pay attention to things until your forced to. ... You put out of your mind the worst things that can happen."
The subprime wreckage could dwarf the nation's last big banking crisis -- the failure of more than 1,000 savings and loans in the 1980s. The biggest difference is that problems with S&Ls were largely contained, and the government was able to rescue them through a $125 billion bailout.
But this situation is far more widespread, which some experts say makes it more difficult to rein in.
"What really makes this a doomsday scenario is where would you even start with a bailout?" housing consultant Lawler asked.
Sen. Charles Schumer, D-N.Y., a key member of Senate finance and banking committees, said borrowers are the ones who need relief. The playbook to bail out the economy would not be applied to the banks and mortgage originators, but money could be funneled through non-profit organizations to homeowners that need help, he said in an interview with The Associated Press.
"There is a worst-case scenario because housing is the linchpin of our economy, and more foreclosures make prices go down, that creates more foreclosures, and creates a vicious cycle," Schumer said. "You add that to the other weakness in the economy -- on one end is the home sector and the other is the financial sector -- and it could create a real problem."
He also believes Federal Reserve Chairman Ben Bernanke should do more to help the economy. Bernanke said in recent comments he has no direct plans to bail out the mortgage industry, but to instead offer relief through cheap interest rates and further liquidity injections into the banking system.
There's also been talk of letting government-backed lenders like Fannie Mae and Freddie Mac buy mortgages of as much as $1 million from lenders, pay the government a fee for guaranteeing them and then turn them into securities to be sold to investors. This would extend the government's support, and its exposure, to the mortgage market to help alleviate stress.
Either way, the impact of a fresh round of subprime losses remains of paramount concern to economists -- especially since there's little certainty about how it would ripple through the U.S. economy.
"We all know that more hits from these subprime loans are coming, but are having a devil of a time figuring out how it will happen or how to stop it," said Lawler, who was once chief economist for Fannie Mae.
"We've never been in this situation before."
Frenchee and Techno:
Do you think $200 is realistic for SRS?
And now, "JoChef" is on IGNORE.
(People who bring out the WORST in me, must be ignored)
The worst is yet to come.
Or, in our case ... the best is yet to come.
Everything is going down the tubes ...
and as it does, SRS will go up.
Maybe we'll hit $200 by June.
:>)
PS - I heard on the news this a.m., Fed may have TWO more rate cuts.
Sell??!!!
H*ll No!!!
I want to make some money!
I WAITED long enuf, don't you think?
lol!
Bingo!!
$116.oo!!
Finally!
SRS is up today!
WOW!
It's about time!!
I finally BROKE EVEN on TWM @ $74!!
$8 more dollars to go on SRS!
"Avoid money-market funds that break the buck"
I don't understand what you mean.
i thought you couldn't lose your money in a money market fund.
i thought your principal was insured.
FXP +9% B4 noon today!
If the US dollar goes down FX goes up.
Yesterday's hot ETFs:
EEV +5%
SMN +6%
SKF +7%
FXP +8%
DUG +5%