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Is what I'm seeing on Scottrade accurate? Only 27,050 shares traded?
That's how I read it. I'll take your advice and wear a condom - very funny!
Thanks, Soapy.
Should I infer you don't like the current risk-reward ratio on BBDA? What if it does gap-up tomorrow morning?
Thanks.
LMAO! I love it!
I'm in. I'll donate as soon as our baby pops.
Nice find!
"nobody in gov ever learns from their mistakes."
They're too busy stuffing their own pockets and gaining (buying) more political power for themselves (with our money) to care how their decisions impact the people, the country and the world. I doubt they define the term "mistakes" the same way you and I do.
It's immoral to dump all this debt on the next generation. Not to mention the inflation tax reduces the purchasing power of our fiat dollar with all the currency creation. Socialism and/or another Great Depression could be around the corner - I hope not.
I appreciate all your input on this board! I hope you signed the petition.
Lansing
TH:
Important post! I signed the petion and emailed my Senators and House Representative. Thanks for the information!
FYI: I bought my first (of many) bottle of Winning Colours. I tried it out on a red wine stain. It started working before I even had a chance to rub it into the carpet. After showing a few friends a demonstration and the video used with potential retailers by the sales reps, we will have at least three more investors, as well as customers, on Monday. PR coming soon!
I do have one question for you regarding your IHUB profile: which stock is your favorite?
Lansing
Thanks, Soapy!
I'll be watching Monday morning.
I assume you intended to post a chart because you wrote "...take a look." FYI: there is no chart following your comment. I'm very interested in seeing your chart and understanding why you believe BBDA will have a gap up on Monday.
As always, I appreciate your work and input.
Lansing
Rocks:
I'm new as of yesterday - 0.001. Is this event this Saturday?
Thanks
Clay:
WNBD is up 40% on very high volume. Considering the news that Lowe's will carry one of its products in the U.S. has yet to be disclosed in a PR, I'm curious as to your opinion of the chart.
Thanks,
Lansing
Rocket:
Any input as to why we have yet to see the PR?
Thanks
It's on now - at least the pre-show. FOX. What time does the race begin?
ClayTrader:
Please keep an eye on WNBD. Big news out after Friday's close - Lowe's will carry one of their products in the U.S. WNBDers have been waiting a long time for this news! Their products are similar to those of EESO - and we all know about the recent excitment with that stock.
I know you're far more concerned about the charts than the products. Good news + high volume = charts worth tracking!
Input always appreciated.
Lansing
Yes! It's going to be a very long three day weekend.
Nothing a little Winning Colours can't handle!
Please tell us where in the magazine our ad is located.
Thanks.
Please remind me of when Eric said this week. I thought I read last week he said he will give more information on the NA within the next one to two weeks. Next week is week two.
I hope you're right.
I will - thanks!
simplegreen:
Thanks for your response. I'm brand new to FOREX and want to educate myself. I'll be visiting often. I was referred to you and your board by Soapy Bubbles. Looking forward to it!
Lansing
Is that bullish for commodities?
Thanks!
Soapy:
I can't find SimpleGreen. Can you direct me to a board?
Thanks!
Thanks for the tip! Added to my favorites. I need to be better diversified after our baby launches. Any entry point suggestions?
I'm very bullish on agriculture, silver/gold (against all fiat currencies) and energy. Central banks/governments around the world have created many of today's problems with all the currency creation/inflation, artificially low interest rates and easy credit. I read there used to be something called a "free market." I believe there is something to my P/E ratio theory - only time will tell.
At some point the bond market is going to crash, too.
I think you're right about FOREX. I need to educate myself on it.
Did you give up on BCON? I'm thinking ahead of our WNBD profits.
I believe a long-term bear market, as measured in purchasing power (as opposed to being measured in U.S. dollars), began in year 2000. At the peak of 2000, the DOW traded well over 40 times earnings. Historically, long-term (secular) bear markets begin with P/E ratios well-above the historical mean (about 15) and end with a single digit (or very close) P/E ratio. I can't find a long-term (10 year +) bull market that began at the DOW's current P/E ratio (high teens). If history repeats, either P comes down, E moves up, or both. I'm betting P comes down more than E moves up. The market will likely need to fall at least another 25% from here to get to a P/E ratio from which a new secular bull market can begin. I don't know from where higher Es will come, in the short-term.
Expecting a counter-trend rally before the next major wave down provides a great short play.
I think we will soon get the mother of all dead cat bounces. Counter-trend rallys in secular bear markets can be quite significant. The herd will chase the suckers' rally and run right off a cliff to new lows below DOW 6,000.
Although, great for a swing trade! We might even see 10,000 in the Spring.
We can follow WMU on the Frankfurt Exchange on Monday.
Let's hope tomorrow because the market is closed on Monday for Presidents Day. It's going to be a very long three day weekend!
Lansing
Clay:
Thanks for including me.
Please keep your eye on WNBD. A lot going on with this pinky and volume is picking up. Analysis, charts and opinions on this one are always appreciated!
Thanks,
Lansing
Craps:
I believe the penalty for a premature distribution is 10%, however, there are exceptions which can waive the penalty. A few examples are diability, medical expenses (if they exceed 7.5% of your adjusted gross income), insurance premiums if you're unemployed, higher education and first time home buyer. Death too - but I assume you don't qualify.
I'm not a CPA - please don't hold me to all the details. Hopefully your WNBD capital gains will result in no need for future premature distributions. Good luck to you. Hope this helps.
Lansing
tommcadam1@yahoo.com
Looking forward to it!
Thanks,
Lansing
Do we know if Racing One is sold at the Twins 125 this weekend? I believe someone was told he/she could order and have it shipped this week.
I'm prepared to meet my Market Maker.
"Five Day Rule." After five trading days, gaps (up or down) are less likely to fill.
Today is the 5th trading day.
What is the date of the Daytona 500? JUST KIDDING!
Lansing
I believe he wrote "...at or just before the meeting."
We will all welcome good news from Ford or any other organization. Any new information will have to be publically disclosed prior to 7:00 pm on Thursday (just before the meeting). I hope the planets line up and you and Dread can hug-it-out!
See you on Thursday.
Good luck!!
Scooter:
I'm not a CPA - so please consult your tax person.
That being said, $5,000 is the 2009 contribution limit for eligable (adjusted gross income limits) people under 50 (50+ has an additional "catch up" allowance - don't quote me on the $ amounts). A "contributory" ROTH IRA is funded with current income after you pay ordinary income tax (as opposed to a pre-tax contribution). Please be aware you must fund with "earned income" for that tax year.
If eligable (adjusted gross income limits) you may also "convert" Traditional IRAs to a ROTH IRA. This will require paying ordinary income tax on the amount you convert and will increase your income in the tax year you convert. ROTH IRA conversions do NOT result in a 10% premature tax penalty, even if you're under 59 1/2. If you have certain types of employer-sponsored retirement plans (401(k), 403(b), etc) with former employers (you are seperated from service) you may be eligable for an IRA Rollover, all or part of which might be eligable for conversion to a ROTH IRA. I believe there are no limits on the amount you convert. You're only restricted by the amount you have in Traditional IRAs, adjusted gross income restrictions and how much ordinary income tax you're willing to pay on the conversion. If your adjusted gross income is too high for eligability, ask your tax person for suggestions on how to lower it (increase your 401(k) contribution, make a charitable donation, etc).
"Contributory" and "conversion" ROTH IRAs can be consolodated into one ROTH IRA. Eligable withdrawals are tax-free (assuming your account makes money). Growth on original investment is not eligable for tax-free withdrawals until age 59 1/2 or 5 years, whichever is longer. I believe original investment can be withdrawn after 5 years, even if you're under the age of 59 1/2. I believe original investment must stay in the ROTH IRA for at least 5 years, even if you're 59 1/2 or older. Capital gains and dividend tax do not apply in ROTH IRAs (just like they don't apply in IRAs and 401(k)s).
Again, I'm NOT a CPA and may be confused on a few details. I just want my fellow WNBD longs to be aware they may be able to set up a tax shelter before we blast off.
Good luck and please correct any inaccuracies.
Lansing
Consider using a ROTH IRA for tax free growth. There are eligability and other considerations, however, you can own WNBD in a ROTH IRA. You can contribute to a ROTH IRA or convert all/part of a Traditional IRA to a ROTH IRA (you will pay ordinary income tax on the amount you convert, however, no 10% premature withdrawal penalty if you're under 59 1/2).
Lansing
Soapy/Rocket:
You're TA guys. Is Friday's candle a bullish hammer?
Thanks,
Lansing