seamus Posted February 21, 2003 Report Share Posted February 21, 2003 In the - any news doesnt matter unless its +, from briefing.com: 08:32 ET CPI near expectations : The total CPI gain of 0.3% was right in line with expectations, while the 0.1% core increase was a tenth below expectations. No one was really concerned about yesterday's PPI numbers anyway, but to the extent there was any concern, these tame CPI numbers should put it to rest. There is no inflation threat at present. Link to comment Share on other sites More sharing options...
Darktrader Posted February 21, 2003 Report Share Posted February 21, 2003 no response by the futures to that so..... Link to comment Share on other sites More sharing options...
Takachi Posted February 21, 2003 Report Share Posted February 21, 2003 The good news is inflation, on average, is not a threat. The bad news is bread is $5 a loaf, gasoline is $2.25/gal, but the value of your house dropped 20%. So, on average, inflation is not a threat! After yesterday, did anyone think a bad CPI would come out? Link to comment Share on other sites More sharing options...
Tchaikofsky Posted February 21, 2003 Report Share Posted February 21, 2003 Another crack in the facade . . . Evidence funds "stealing" from shareholders? Question: Where does all that money go? Answer: In the owner's pockets. For example, while Magellan shareholders lost over 40 percent in the past three years, the Forbes 400 list of America's richest billionaires reported that the net worth of Fidelity's two owners, Edward Johnson and Abigail Johnson, increased from $11.1 billion to $12.3 billion between 1999 and 2002, making them the 19th and 38th richest people in America. Its 14 million individual shareholders, on the other hand, own vanguard. And Vanguard's Brian Mattes tells us that "Vanguard operates on cost basis, so it returns all profits, after expenses, to shareholders." So there is no gross profit markup payout for the owners. Mattes also says this is "the primary reason why Vanguard's expense ratio is so low," the benefits are passed on to shareholders. When investors recently read that Congress and the GAO were investigating fund expenses, a cheer when up. Something is seriously wrong in the fund industry today, when the shareholders lose 40 percent while the owners gain 10 percent and put $1.2 billion more in their pockets. Actually, it's even worse: Fund managers' compensation also increased 35 percent between 1999 and 2001. Plus fund directors voted themselves a 26 percent raise between 2000 and 2002. They now make an average of $249,500 for part-time work Link to comment Share on other sites More sharing options...
cyclist Posted February 21, 2003 Report Share Posted February 21, 2003 Hello to all the astro's As we all know Saturn is going direct. My question is how long will it stay direct. It looked like the charts earlier posted shows the market goes down for the duration of Saturns directness. Whats the date where it goes retro (or does it do other things besides go direct and retro) Thanks for the answer. ;-) Link to comment Share on other sites More sharing options...
richmtn Posted February 21, 2003 Report Share Posted February 21, 2003 From our friend Ike at www.Aegeancapital.com U. S. Dollar: Here we go again, notice that the blue chips (Dow/SP500) tanked as the dollar tanked today. The reason is, as soon as the dollar declines, immediately sell programs from foreign institutions get triggered. Foreigners do not hold NASDAQ junk, they hold blue chips, and that is why they have been under pressure. The bottom line is this: the dollar will continue to impact the price action in the blue chips, pay attention to it. Link to comment Share on other sites More sharing options...
seamus Posted February 21, 2003 Report Share Posted February 21, 2003 The Maestro heading for greener pastures? Washington, Feb. 21 (Bloomberg) -- Alan Greenspan last week may have signaled the end of his tenure as head of the Federal Reserve. He also may have undermined President George W. Bush's proposed $690 billion tax cut. Bye Bye? Link to comment Share on other sites More sharing options...
MrHanky Posted February 21, 2003 Report Share Posted February 21, 2003 agilent just canned 4,000 employees Link to comment Share on other sites More sharing options...
GregFokker Posted February 21, 2003 Report Share Posted February 21, 2003 Nice work, Rich! Well put, Tak! Fokker emerged from his hole today and was blinded by the shining sun for the first time since November. Spring is springing! Link to comment Share on other sites More sharing options...
Oyster Posted February 21, 2003 Report Share Posted February 21, 2003 As we weekly square out on AMR near zero.....it's a goodbuy for the future or it's goodbye for ever... :grin: :grin: :grin: Link to comment Share on other sites More sharing options...
DrStool Posted February 21, 2003 Report Share Posted February 21, 2003 Pre Market Outlook is posted in the Anals. Doc also wants to expressly thank all the new subscribers who have joined in recent days. February is well on the way to being a record month! And to all of you who have been around for awhile, let's face it, without you, Capitalstool wouldn't be here! Doc's deepest tanks to you! The Stooltrading Beta experiment will continue today. Keep the Feedback coming! OK, seats down. Buckle up! And Mousey, we are counting on you today! Link to comment Share on other sites More sharing options...
Charliss Posted February 21, 2003 Report Share Posted February 21, 2003 DJ JP Morgan Cuts Biogen To Neutral From Overweight Link to comment Share on other sites More sharing options...
Oyster Posted February 21, 2003 Report Share Posted February 21, 2003 boyz will be boyz...as we get through the day it should slowly appear that things are UGLY :grin: :grin: :grin: Link to comment Share on other sites More sharing options...
Takachi Posted February 21, 2003 Report Share Posted February 21, 2003 just eyeballing the remaining options for Q looks to me like a close around 24.60-.70 Link to comment Share on other sites More sharing options...
Guest Posted February 21, 2003 Report Share Posted February 21, 2003 again kicking myself on ADTN, should've, could've...down another 3%, but hey can't complain about a 10% profit. Link to comment Share on other sites More sharing options...
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