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Don't let Gman pull your leg!!
He is not The Man, he is The Dead Man!
He went the way of all over weight actors!
W o(..)o ( CAUTION: This monkey is still in
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m m
LOL! Are you sure you want a name contest on this animal thread?
Have you considered a mythological name? BTW, as a monkey I never have learned to spell well.<g>
W o(..)o ( CAUTION: This monkey is still in
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w / \ ~Bera
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m m
I can't wait to see what a Vendit looks like!<g>
Just think of the possibilities for Horsegirl.
W o(..)o ( CAUTION: This monkey is still in
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w / \ ~Bera
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m m
Nice Cow! I guess you figured out that InvestorsHub will not accept vertical lines.
W o(..)o ( CAUTION: This monkey is still in
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w / \ ~Bera
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m m
I got side tracked this afternoon and didn't get any trades off. My water heater started leaking badly this afternoon and required my attention. My main home is just across the river from PG's home office.
BTW, I am not referring to the river from my water heater.<g>
W o(..)o ( CAUTION: This monkey is still in
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/\ ( are for discussion purposes only.
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w / \ ~Bera
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m m
Did you go ahead and take a position this morning? I looked around this morning and felt comfortable with my positions and went back to bed before the market opened. I got up a few minutes ago and decided it was time to get ready for this afternoon! I am really curious to see how PG responds to the cut today and later this week. I am considering taking a position depending on whether I sell my tech positions today.
W o(..)o ( CAUTION: This monkey is still in
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/\ ( are for discussion purposes only.
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w / \ ~Bera
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m m
Yes, at 2:16. Should be at least a .50 cut.
W o(..)o ( CAUTION: This monkey is still in
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/\ ( are for discussion purposes only.
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w / \ ~Bera
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m m
LOL! I only sleep about 2 hours last night.<g>
W o(..)o ( CAUTION: This monkey is still in
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w / \ ~Bera
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m m
>>Do you have your settings defaulted like mine?<<
No!
If you check the source code you will see that the full code for the settings is in the link. All they did was not show the full html of the link in the window the same way SI does.
W o(..)o ( CAUTION: This monkey is still in
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/\ ( are for discussion purposes only.
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w / \ ~Bera
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m m
Perhaps you should bring those big packs to Kentucky. Perhaps you could make more passing them off than trading stocks.<g>
W o(..)o ( CAUTION: This monkey is still in
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w / \ ~Bera
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m m
The charts look fine! I am seeing your settings!
W o(..)o ( CAUTION: This monkey is still in
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m m
I hope so! I carried SSTI, SAWS, and RFMD to bed with me last night betting on it.<g> I still think we have a 30% chance of a .75 Fed cut.
W o(..)o ( CAUTION: This monkey is still in
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m m
Jan 31 2:22am ET
By Brad Dorfman
CHICAGO (Reuters) - Household products maker Procter & Gamble Co. says its fiscal second-quarter profit rose 4 percent before unusual charges, beating Wall Street's forecast, as price increases, tax gains and the divestiture of its Clearasil business offset higher costs for raw materials.
The Cincinnati maker of Tide laundry detergent, Crest toothpaste and a host of other products lowered its revenue forecast for the full fiscal year as a result of competitive pricing, but said higher than expected cost cuts made it comfortable with the high end of analysts' earnings estimates.
"I think the stock should do fairly well," said Sanford Bernstein consumer products analyst Jim Gingrich, "because obviously folks were concerned that they (P&G) were going to guide down (earnings estimates) for the back half of the year and maybe even miss this quarter."
P&G shares were up $4.25, or 6.36 percent, at $71.10 Tuesday on the New York Stock Exchange. In the past year the stock, a component of the Dow Jones industrial average, has underperformed that index by about 30 percent, hammered by repeated earnings warnings that eventually led to the replacement of the company's chief executive.
P&G said earnings for the quarter ended Dec. 31 were $1.31 billion, or 93 cents per diluted share, up from $1.26 billion, or 88 cents a share, a year earlier. The results for both years exclude restructuring charges.
Analysts polled by First Call/Thomson Financial had on average expected earnings of 92 cents a share.
COST SAVINGS
"...We delivered what we said we would, but it isn't good enough and it has to be better," P&G Chief Executive Alan Lafley said in a conference call with analysts.
Procter & Gamble has reaped cost savings from a plan that began in 1999 and includes the elimination of 15,000 jobs over several years.
The company has set up a team to look at ways to further cut overhead costs, including outsourcing and using the Internet to make operations more efficient, Lafley said. P&G is also trying to improve operations in its paper, juice and snacks businesses, which are not meeting expectations, he said.
In the food and beverage segment, which includes Pringles potato chips and Sunny Delight drinks, earnings fell 9 percent due to lower volume. The paper segment posted 1 percent growth in earnings as pricing and cost controls countered currency factors and higher raw material prices.
Overall, second-quarter revenue fell 4 percent to $10.18 billion from $10.59 billion a year earlier as the weak euro cut into sales. Unit volume fell 2 percent from record levels a year ago.
In recent months, P&G has raised prices on its products to try to cope with rising costs. Most of those price boosts have been matched by competitors, but some were not, causing P&G to lose market share in those areas.
The company has already rolled back half of a 9 percent price increase for Bounty paper towels. And on Tuesday, it said it will cut prices on Tampax and Always tampons and other products.
That competition caused the company to lower its sales growth forecast for the year to between 2 percent and 4 percent, excluding foreign exchange factors, from the 4 percent to 6 percent range. It expects unit volume to be about flat for the year.
THIRD-QUARTER GUIDANCE
P&G said it expects third-quarter earnings of 72 to 74 cents a share before unusual items. The First Call analysts' consensus forecast is 73 cents. In the year-earlier period, the company earned 64 cents a share.
It said it sees unit volume for the quarter as flat to down 2 percent, with sales growth in the low single digits, excluding the impact of foreign exchange.
Analysts have forecast core earnings per share for P&G of $3.10 to $3.17 for the full fiscal year, up from $2.95 in the previous year. The company reiterated that it was comfortable with the high end of this range of estimates.
The forecast comes a week after Kimberly-Clark Corp. , which competes against P&G in the diaper and tissue business, said it expects to meet or beat sales and earnings objectives in 2001. Those forecasts could be a sign that the household products sector is rebounding, although analysts say each of the companies has its own specific issues.
"I think the outlook in this particular industry ... has probably solidified a little bit," said Simon Burton, senior consumer staples analyst at Banc of America Capital Management.
W o(..)o ( CAUTION: This monkey is still in
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m m
If I had to place a bet I would bet that the Techs will rally today and that PG will rally tomorrow as we watch the techs decline.
W o(..)o ( CAUTION: This monkey is still in
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/\ ( are for discussion purposes only.
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w / \ ~Bera
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m m
Hello Matt.
I was working on my profile and signature last night. I found the strict limitations on characters a real problem. If I didn't know how to check the source html, I would probably never have figured out why I was getting an error message everytime I tried to submit my new profile. In several different areas I wasn't able to finish my thought. A little more room would be nice!
W o(..)o ( CAUTION: This monkey is still in
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w / \ ~Bera
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m m
>>Since I’m 46 does this mean that you have to refer to me as "Sir"?<<
I don't know? Have you been knighted?
W o(..)o ( CAUTION: This monkey is still in
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/\ ( are for discussion purposes only.
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w / \ ~Bera
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m m
If you look at the source html, you will see that the full link is really there.
BTW, how do you like the signature I put into my profile. It should automatically appear at the bottom of every post.
W o(..)o ( CAUTION: This monkey is still in
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/\ ( are for discussion purposes only.
/(_)___)
w / \ ~Bera
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m m
__------__
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/ //^\\//^\
/~~\ // o/ /o/:~\
/ /6 //___/_/_//:/
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Please Reid, don't lock me up again!
test failure
>>Ask Dr. Doolittle Off Topic Questions.<<
LOL! How does it feel to be an animal trainer?
ROTFLMMTO!
This could only happen in Kentucky!
Danville Dairy Queen is paid with a $200 bill bearing Bush likeness
ASSOCIATED PRESS
DANVILLE Police are seeking the person who used a fake bill in the denomination of $200 to buy $2.12 worth of food at a Danville Dairy Queen, and drove away with $197 returned as change.
In fact, the bill is such an obvious fake that police say it can't be considered a counterfeit.
In addition to a portrait of President Bush on the front, the treasury seal is marked with ``The right to bear arms.''
The back shows an oil well and derrick pumping oil, and several yard signs on the White House lawn.
Police were notified shortly after the woman who passed the bill drove away. Whoever passed the bill could be charged with failure to pay the actual amount, said Danville Police Detective Bob Williamson.
http://www.kentuckyconnect.com/heraldleader/news/013001/statedocs/30bogusbill.htm
LOL! A cow of many words.<g>
I have been just highlighting the URL in the Address window of the browser and then paste it in the post. Here is PG:
http://www.askresearch.com/cgi-bin/chart?symbol=pg&exchange=USA&size=640x480&months=3+months&type=Candle&color=Graph+Paper&scale=Logarithmic&moving=exponential&moving1=50+day&moving2=10+day&moving3=100+day&bollinger=20+day&ind_vol=on&ind_sto=on&sto=15-5-5&ind_wpr=on&wpr=12&rsi=8&ind_macd=on&macd=12-25-9&roc=16-8&ind_mfi=on&mfi=13&refresh=180
Just took position RFMD.
Consumer confidence came in lower than expected this morning. I would now give it a 30% chance.
I rebought SAWS this morning and still holding SSTI which I bought late yesterday. I will probably sell them tomorrow into whatever rally we get. I don't think there is any chance of .25 cut now! So I expect at least a one day rally.<g>
>>Do you think there will be a pullback soon after Greenspan lowers the interest rate?<<
I didn't realize that the Feds don't have a regular meeting planned in Feb. It would sure be interesting if the Fed goes for .75 instead of .50!
As to your question I expect a short term NASDAQ rally unless we see a .75 cut in which case I would expect NASDAQ to break through 3,000 this week.
>>Hello Bera. It is refreshing to see a monkey involved in the stock market.<<
ROTFLMMTO! (rolling on the floor laughing my monkey's tail off)
I didn't want to mislead someone into thinking I might know what I am doing.<g>
Reid, I will take you up on your offer in a couple of weeks after I finish designing my system.<g>
As for this morning I bought SAWS and HMA.
>>I dont believe the fixed font option os available on this server yet.<<
Would you like to reconsider that!
1 2 3 4 5 6
X
X O
X X O <grin>
You can post fixed font using the
and. Just use the [ and ] instead of < and >.
Thanks Reid for a well thought out response. I have been thinking about this quite a bit lately as I have started trading actively again. I have been placing a little more emphasis on the fundamentals then you probably have. I don't spend a lot of time at it, but I have been wanting to limited my downside surprises in this year of negative warnings and earning surprises. I have been debating whether I have been placing too much emphasis on this since I have been holding things for such a short period of time.
Here is what I have been considering doing. Scan Value Line and Value Line Expanded weekly updates for stocks rated #1 or #2 for timeness. I would take a special look at stocks moving up in ranking. Next scan down the Betas and don't even look at anything with a Beta below 1.1. This often throws out entire sectors. Value Line has around 50 different sectors which it ranks in timeness by sector as well as individual stocks. Next look at the chart and decide whether to add the stock to my watch list. Once you have done this once, it would only takes a couple of minutes each week to see if Value Line has made any changes its rankings. I would also added companies from other sources to my watch list. But if they have a 4 or 5 Value Line rating I would drop them from my list. I would place each stock on the watch list by sector on separate streaming stock quote pages. This would allow me to see within seconds which of my stocks in that sector are in play on a given day.
When I start the day I would check to see which sectors look like they are going to be hot and check and see which stocks on my watch list are in that sector and then go look at the TA for those particular charts.
Just thinking out loud here! I guest you would say I would be using fundamentals and Beta to screen out by sectors which stocks I would look at from a TA viewpoint on a given day.
As far as price, I would be willing to trade stocks down to $5.00, but I would want a large number of shares trading that day. I haven't thought much about a specific number but a million sounds like a good choice.
As far a PE goes, I have been thinking that no PE or a high relative PE within a sector would indicate which stocks would have the potential to move quickly. It would seem to me that stocks that have a relative low PE have a relative low PE for a reason and my not be best for position trading; may be a great long term value play however!
Of course looking at SAWS last week might make one question everything I have said here!
Oh well, as I said this monkey is still in training.<g>
Trust me, a monkey rides better than a human!
And you didn't get away clean either:
http://www.investorshub.com/beta/read_msg.asp?message_id=41539
I saw that!<g>
>>I just tested the text chart with Carilyn, Bera and GP.<<
I enjoyed visiting with the neighbors too! They probably think we are nuts.<g>