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Like Shorty said, the iPhone is dangerous to Apple, for one reason only:

 

$500

 

For a cell phone.

 

Nobody knows what the service contract will cost either. No doubt it'll be greater than $50 a month.

 

I think the iphone is cool, but I'm not willing to fork over that kind of cash for a first generation, unproven design. It's also something that I might lose or break.

 

Then again, there are plenty of dumb women that will buy a $500 to $1000 Coach handbag that was made for $5 in China, so the iphone could be a big hit.

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Don Imus announces 5-year contract with SIRI.

 

SIRI up 27% AH.

 

big.chart?symb=siri&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=160906&style=320&time=8&freq=1&nosettings=1&rand=4402&mocktick=1&rand=3224

 

 

 

 

 

 

 

......just kidding.....

 

:lol:  :lol:  :lol:  :lol:  :lol:

575720[/snapback]

 

Imus... you know why he wears that cowboy hat? because he's "nappy headed" also... :lol:

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mmoy:

 

Hope you still have this......

 

big.chart?symb=pvx&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=485290&style=320&time=8&freq=1&nosettings=1&rand=9398&mocktick=1&rand=7345

575711[/snapback]

 

Yup. I have five times my normal position in PVX.

 

That charts probably doesn't reflect the 10 cents per month monthly dividend.

 

VLO looking hot too.

 

I have one stock that was up over 10% today.

 

I received an email suggesting the stock. Don't know what they do or their financials but I picked up a bunch and it worked out.

 

ONT

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Like Shorty said, the iPhone is dangerous to Apple, for one reason only:

 

$500

 

For a cell phone.

 

Nobody knows what the service contract will cost either. No doubt it'll be greater than $50 a month.

 

I think the iphone is cool, but I'm not willing to fork over that kind of cash for a first generation, unproven design. It's also something that I might lose or break.

 

Then again, there are plenty of dumb women that will buy a $500 to $1000 Coach handbag that was made for $5 in China, so the iphone could be a big hit.

575721[/snapback]

 

I was in a Doctor's waiting room this afternoon and they had some automotive magazine. I picked it up as it had a picture of a V8 414 HP BMW M3 on it and M3's are popular at work. The magazine had several other articles on expensive vehicles and I wondered who buys all this stuff? What's the big deal on a $500 phone compared to a car?

 

I have a PDA that cost $600 with the accessories. Would I buy it again? Absolutely. It has certainly saved me thousands in terms of time, planning, safety and convenience.

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Very funny.

 

WM reports on Tuesday, right in the middle of OpEx Week.

 

I'm mighty tempted to go long this tomorrow.

 

Pays a 5.5% yield.  Not bad....

 

Excerpts from Wall St. Journal:

 

Puts Trade Heavily On Earnings Fears In Mortgage Sector

 

By MOHAMMED HADI

 

Concerned that next week's earnings reports will bring more bad news about the mortgage sector, traders sought protection from declines to come in shares of several banks.

 

Trading was most notable in put options on Washington Mutual Inc., but also heavier than usual in puts on an index that tracks the performance of several commercial banks.

 

A far heavier than usual 40,000 put options on Washington Mutual changed hands, according to Track Data, with traders targeting options that allow them to sell the company's stock for $37.50 and $35 in the next eight sessions. That occurred as the stock slipped 38 cents to $38.87.

 

The volume was driven by traders adding "put spreads," said Stacey Briere Gilbert, chief options strategist at Susquehanna Financial Group. Put spreads are positions that profit from a decline in a stock to a certain point. The put spreads traded yesterday will be most profitable as Washington Mutual falls below $35.

 

Washington Mutual is due to report quarterly results next Tuesday

 

 

 

big.chart?symb=wm&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=5337&style=320&time=8&freq=1&nosettings=1&rand=8020&mocktick=1&rand=3164

575712[/snapback]

 

Son of NEW?

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anyone know how this guy rates as a chartist.

 

They always seem to know after we have rallied 1700 odd points..

 

Whitmore's Super Chart Predicts Stock Rally

 

Stock charts are built from data generated by the true ACTIONS of investors. Until someone buys or sells a stock, the stock price does not change. And, of course, the charts could care less what reason the investors had for their action and care even less what the most authoritative source has recently said in their latest article (might be stepping on my own toes here a bit, I guess). All the chart sees is ACTION ? all it reflects is the sum total of ALL the investors decisions to buy or sell.

 

I attribute the decision of the other 7 to the Federal Reserve. More specifically, I put the blame on Dr. Ben - Dr. Benjamin Bernanke, the Fed Chairman. He is now clearly in charge of the Federal Reserve's activities. It took a year or so from the time he took charge to do it, but his people and his philosophy are taking charge of our future. The Greenspan years are over. And the Super Chart tells me that Dr. Ben's actions have set us up for another big rally.

 

MoneyNews.com [[email protected]]

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... "Mr. Devaney said he first realized he could profit from the market’s flaws in 1998, when investors rushed out of risky bonds after the hedge fund Long-Term Capital Management buckled and Russia defaulted on its debts. Unnerved by those crises, many investors dumped bonds backed by aggressive home equity loans made to people with good credit.

 

“It was just like it is now: ‘Oh! Oh! Another news tidbit of New Century news. Oh, my god!’ ” he said in a mockingly hysterical tone, referring to the mortgage company that has filed for bankruptcy protection.

 

From the prospectuses for those securities, Mr. Devaney divined that bondholders would get their money back even if 30 percent of the homeowners defaulted on their loans. He bought the bonds for 50 cents on the dollar for himself and for clients.

 

As the scare faded and it became apparent that homeowners would not default in big numbers, he sold for handsome profits. It was a formula he has used time and again ever since." ...

 

:P :lol: :lol:

 

Here we have the much-maligned Turkey Vulture. As beautiful and powerful in flight as an eagle,

 

cc-tvulture.jpg

 

but with a face lost in translation to human styles of beauty.

 

post-2253-1176419869_thumb.jpg

 

A socially useful bird as well, a tax-free cleaner of roads across America of the tons of daily roadkill.

 

post-2253-1176419957_thumb.jpg

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Well, at 50 cents on the dollar, I guess he was sure he'd get his money back. But the assumption that 30% of the loans won't pay could be just a wee bit optimistic. I think it will be more like 90% :lol:

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My take on Imus. Everybody hates a misanthrope these days. <_< Swiftness of the kill is impressive. As Windy alludes to, he should sign with one of the big birds.

 

Still long PMs. Waiting patiently. The dollar jumped out a 10-story window, bounced 2 stories up off a first-floor awning, hit pavement, had its legs run over by a semi, and is begging to be put out of its misery. :ph34r: Maybe China will do the honor.

 

Part of me wonders if Hank and Ben came to accept the inevitably of dollar collapse and endorsed actions that would lead to trade war so that China can be pointed to as the cause and the administration can argue in its defense that it was just trying to take a stand for domestic industry. The other part thinks both that that's too cynical a view and that Hank and Ben don't think like that. :unsure:

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