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Thanks for the chuckle Micheal,,eom
CT -- Until bin Laden's fanatics visited on 9-11 not only you but most of the US would have asked "what have we to GAIN" by going into Afganistan. Even knowing our embassy bombings and 17 sailors died at their hands would not have been enough. Human suffereing there-- close eyes tighter. Eyes closed until they hit home and the warm and fuzzy feeling was in jepardy (not to mention many GAINS evaporated) did eyes open. The treatment of the Afgan population was known-- but there was nothing to gain. Same as in Nam, Cambodia, & Laos. Same as Europe in the 40s.
Anyone who had seen such things would never question the WHY the US was there. A former draft doger once said that going to Nam was like sticking your fingers to jam gears knowing they would be lost-- but would save a friends life. He was not willing to suffer pain and lose a finger for anyone.
jdaasoc-- Vets of SE Asia came home either directly from the hospital or jungle to a society that looked upon them as outcasts. Most of that can be attributed to the media and college professors that were mostly anti-war due to a lack of balls.
I am very aware of the good the VA has done for all vets. Sadly, being under funded and understaffed is nothing new. The situation is not only in this administration but was rampant during the reign of the peanut king & Clinton also.
Additionally, a DISABLED vet of any age can move 1 mile to a different state and find only compensation intact. He/she may need a year or more to get benefits reinstated or even see a doctor. The new assigned facility may be 50 or more additional miles distant. Then he/she may find services available much different and not always in a positive way.
The DAV is more helpful than most organizations. Vets need to get as organized as the NRA in order to receive not only what they deserve but are entitled to. Gulf and SE Asia vets may see funding become available only due to the fact WW II vets are dieing at about 1500 each day. Many of those without the services entitled to them from the VA.
I've seen vets denied A O benefits until after their death and others receive life saving operations for cancers caused by A O and God knows what else.
Hey Dancer,, do you really believe reason, truth, and logic could have an influence on hearsay and BS? Those that believe such probably believe there are no servicemen in places like Iraq now,,, just as Nixon & Kissinger said there were none in Laos & Cambodia long before they signed a lot of death warrants of POWs in SE Asia. Some people probably believe there are no captured servicemen in N Korea, Russia, & etc.
Paula-- Few vets smoked dope in the war zone. Those in the cities and on huge bases did more than smoke dope. Yes-- I read about them. Doubt it was due to be in a war zone and also doubt it was due to the medication administered as some lawyers would like us to believe. Now--- how many wives are murdered by their non-vet husbands every day? The 4 you brought up are of how many 100K? Now use the same % on any group you would like, white, hispanic, black, muslim, catholic, etc. Betcha ya'll be surprised!
jdaasoc-- Where would you get the sick idea that just because someone was in a war zone they stand a better chance of becoming a "sicko" than your kids smoking dope in college? If you do just a tiny bit of research you will find many very successful men spent time in SE Asia in the '60s. A good % were in SF when SF was not 'cool'. In the '60s & 70s SF was like a mop.. keep 'em in a closet and only bring 'em out to clean a mess,, then hide them again. Post Grad U of SE Asia,, '66 & '67.
Not a good sign.. another cut should really put the mkts in the sewer,,
Agreed,, & back in VPHM & up a nickle again,,LOL!
Took avg of $.065 on VPHM. Nice orphan,,eom
Good news since I was considering Quest 7.9% 2010 bonds..
Michael-- I do not feel sorry for anyone that made bad decisions, thats how people learn & some lessons are expensive. I do have compassion for those in trouble through no fault of their own. Additionally, I was not upset with your reply. However, my comment would have brought me down to a level not wished to travel. Bigotry, snobbery, etc are not my strong points. Besides, unlike some, I do not think making an ass of myself over a few bucks is of value. Should ol'TS, as you call him, desire to become a paid member I'd gladly cover the cost-- that is the type of things 'grandfathers' are for. He seems to be a proud man,,, you could learn something from him IMO. Now-- I'll finally get to use that 'ignore button, and I would only ignore the ignorant as everything else is tolerable. Enough of this drivel on the thread already. Have a good night.
PS Maybe I do feel sorry for someone after all... I feel sorry for you Michael as you must be a miserable person.
Paul A-- Calling this human excrement "filth" degrades the word. Granted-- he requires a trial,, about 30 seconds will do. His execution should be slow, painful, and on every channel. The Vietnamese had a fitting method that comes to mind---- I volunteer to carry it out.
A true Realist would be able to read the mkts and understand much can happen in moments-- hours can make you broke as well as reading challenged.
Zeev -- <<" (and frankly today's action downgraded my indicators to
almost an outright sell), ">> AH action on techs would then put the indicators at a screaming sell.
I agree 1000% but feel many must take profits on any bad news.. expected and actually anticipated. That will give the shorts more confidence and more to roast later,,LOL!
Just sold HD & MAS,,, Great WEEK!
Is SUNW going out of biz?-- probably not,, but they certainly are not seeing much from sales either. They would need to make a ton to support last years level. They certainly cannot dilute or may go under a buck. No one is buying the product or the stock. At this level many institutions cannot buy the stock-- $5 seems a long way off until IT spending REALLY picks up... Maybe their old "FRIEND" MSFT will buy 'em,, LOL
No Zeeve-- just bought ibm around the 4th for a swing. Still holding hd from the same date. Took the profits here on ibm-- 24.8%, even though maybe a bit early-- did the same with wpo @ 16%. MAS was bought Mon-- s/l in and ready to bail it for around $1 3/4. 1st limit there was 18.68, 2nd was @ 18.5 (PWJ ececuted that one @ 18.46) and the last to go off was 18.39. S/L is in @ 2.09 but broker will raise it if it continues to rise tomorrow as I'm out of town. Closed up and have rode it for 2 days. Rarely nimble enough to day trade but play the swings. Now waiting for brkb to drop a couple hundred and wpo to drop $50 or more as those are my favorites. If the M-funds would do as well ..............................
bailed IBM @ 71.96,, early as usual-- heard cnbc had someone talking it up about the time I was bailing,,
S/L put in on MAS
Yes-- & WPO printed a yearly hi today so I bailed at $700.00 -- may be awhile before 630.00 - 650.00 again,, maybe a bit early on the trigger there too,
Why would you use Internet Exploder instead of Netscape anyway?
Hoping for a 3rd trade on MAS today,,
george8-- ALMOST agree. junk bonds drop with the mkt and rise the same way as the PERCEPTION of default rises & falls. Over the past 2 years junk bonds have fallen with the mkt. A few months ago I bought tons of HYF, a closed end junk bond fund. DIVs have fallen along with the price. Now it only pays around 18%, LOL! Still the cap gains have been great & many more are expected. Esp nice as the DIVs are purchasing additional shares for now. As the mkt recovers I suspect it will get over $6 easily. In thev mean time the DIVs are appreciated and if it is cut more-- who cares?
Closed all shorts at the close--- don't trust it any longer. Looking as almost anything should be decent Mid-T on a long side.
JohnVP-- I have no limits on trades. The fee is based on a percentage of the acct. The only item one could be unhappy with that I see is the online buy/sell method. At times a better buy or sell price is realized which is good but getting to the transaction screen is required-- it does not STAY open if not used. S/Ls require broker to put in...
If that is the case you should never read another post here. As the previous post states, no one should base anything but gambleing bux on only another's opinion. Additionally, there are many ways to protect profits or limit losses. S/Ls should always be in place when one cannot be a nimble trader. A trailing S/L can be put in place to keep the same amount of drop in place as a price rises. I checked with my Paine Webber broker. A full service broker can HELP watch the acct and notify you when things move quickly and you are not watching. A $50K acct (non-IRA) of cash, bonds, equities would cost no more than $1500 a year. That would be ALL fees for trading and MF loads no matter how many trades or how many trades per year and all the perks of a FS acct W/O interferance, suggestions, or advice unless requested. You can trade by phone or online.
Therefore--- follow anyone or anything you desire but no one makes the decision to buy or sell but you. Its YOUR money to lose, no one else has any responsibility for your decisions.
warawls-- bond funds do not ALWAYS perform as expected. I hold several including 2 ST funds. The ST will not pay well but after news bumped spikes will move little. I'd check the share price to NAV ratio and see if it is only moving back to a traditional range. I have sold LT bond funds and have been lightly selling LT corps as the cap gains make 'em look like a tech stock of '98. Mid-T fund has been sold. The ST funds held have dropped slightly but I still have no intention of selling them in the near future. If you are not comfy,, it is time to unload them. If you are planning on keeping your allocations close to current levels it may be difficult to find anything to move into.
HHMMmmmmmmmm-- my votes go to Campbell Brown, Natalie, & Norah. Any of those could walk Maria in the park,, on a leash!
LOL!! Agreed Zeev! Abelson is the reason I do not pick up a Barrons any longer. Not even to wrap trash in,, trash deserves better,,;-]
He would need a lot of help,,, mailman to the rescue,,eom
dpstark-- maybe listen to the kids in the baggy pants with hats turned around. The hat gives an indication they are concerned with their rear & think with it too... maybe listen to those that have never seen a bear before (I purchased shares before they were born), maybe listen to those that threw a dart once that landed on an issue that rose...... I suggest we listen to all EXCEPT those listed above and use our own common sense, knowlege, & experience. Additionally, do not waste those things on those that are only waiting to forget the "old guys".. LOL!
George Cole -- Let them all laugh at Buffet,, BRKB has been a great one to hold over the years and a fantastic trade vehicle also. For those that find brkb a bit much to trade they can put a chart of it and wpo up and see they track very close..
LOL! If the 'little guys' are removed and not replaced the 100 would turn into the '10'.. Those that have gone *poof* need company from more than a few of these little guys.
Agreed, mlsoft-- Sad though as both simply should go *POOF*. Even if they both disappeared there may still be overcapacity in the sector,,, much more than can be absorbed through consolidation in any ST or MT time frame.
marginnayan-- to answer your question,,, I am long on several issues & funds at this time. I rarely short,, just not my style. Trading tech as I see little positive in the ST/midT. I also trade non-tech. Hold for the LT only some M-funds and WPO, BRKB (also a great trade issue), and minor amounts of others. History indicates the mkts will go up and great companys will survive--- therefore excess funds reside in those, always a bit of cash & bonds, the rest is for play since there will not be room for it & me in the box when the game is over.
WITH LUCK Zeev the "few months" will come to pass. I doubt it will last that long. A few months would allow the mkts to rise a bit and stabilize somewhat. George is already saying it's not enough (I agree with him. The hesitation has cost the US dearly). Looks like the few profits taken today were chump change compared to holding overnight,, this time. Depends on the open-- not confident enough early high gains will not pull back in the ST so will not chase.. Still, oil will drop and mkts rise for a time-- until the world understands George is going to put Saddam out of business if his own do not do it 1st.
Luck
wstera2-- just another example of 'he who hesitates is lost'. Saddam covers his butt & buys some time,, we go in later at a much higher cost in material & casualties. Sadly as we have the ability to assasinate him and pick up the pieces after a few months of turmoil with minimal expense. Bet ya Sharopn is ready to pop a gasket as Isreal has to feel heat from Iraq. So,, the mkts get a pop,, and will pay later..