Charmin Posted July 18, 2009 Report Share Posted July 18, 2009 "Cost cutting" will let companies continue to hype their growth as "not as bad as expected" earnings continues. Let's just call is CC. even the post office is suffering from CC. A woman ships a large box from Utah to the east coast using Parcel Post to save on shipping costs. It takes FIVE WEEKS to arrive at it's destination. Her explanation after talking to the USPS - "When gas prices went up they started holding parcel post package until trucks were full between stops, they did not stop when prices went down." Penny pinching has gone postal. Screw the time element. Link to comment Share on other sites More sharing options...
Charmin Posted July 18, 2009 Report Share Posted July 18, 2009 Now that everyone has discounted the right shoulder, let's have one Tim Ord - not so fast "There is another gap higher that formed on 6/15 and the 94 level and the market may try to touch that gap before this Right Shoulder is complete." http://www.ord-oracle.com/OraclePastEditions/090715.pdf or something different http://www.ltg-trading.com/20090717.pdf Link to comment Share on other sites More sharing options...
Peek Paper Posted July 18, 2009 Report Share Posted July 18, 2009 My daughter in NYC checked this out the other day. Damn dumpster divers were onto somethin' after all. Anybody in DFW area with a dumpster for sale, email me. Dumpster Deco is here... Link to comment Share on other sites More sharing options...
psyche doctor Posted July 18, 2009 Report Share Posted July 18, 2009 Link to comment Share on other sites More sharing options...
jickiss Posted July 19, 2009 Report Share Posted July 19, 2009 jickiss is back! jickiss is back! and Dear psyche, for sure, your jickiss is very impressed with your expanding triangle theory on the QQQQ. On the IBM jickiss posted chart, (above yours), the same kinds of lines could potentially be drawn, or imagined. This pattten could spell Higher, and Higher still, then, Eventually, Quite Lower, esp with a drop through lower support. Watch for baby sized megaphone tops or triple tops at the top of the triangle zones. A fortune awaits all them that can game these coming Violent Moves. Violent Moves in the Markets, will they presage or follow other violence? regards to all, especially to all them that share their best theories. jickiss!!!!!!! Link to comment Share on other sites More sharing options...
jickiss Posted July 19, 2009 Report Share Posted July 19, 2009 jickiss is back! jickiss is back! and, maybe, just maybe here is a ray of hope... save the wild horses, and save them now! is a very good idea... http://finance.yahoo.com/news/Room-to-roam...ml?x=0&.v=2 Link to comment Share on other sites More sharing options...
T_Slim Posted July 19, 2009 Report Share Posted July 19, 2009 Garth Turner continues to preach Canada’s housing insurance agency, run by Ottawa and accountable to the Minister of Finance, is in the business of froth. It provides endless amounts of cheap insurance for high-ratio loans (with minimal down payments), so banks can simply shovel off the risk to the feds. At the present time, it guarantees about $630 billion in mortgages. This is an astonishing amount of money, equal in size to half the Canadian economy. And what assets stand behind this? Securities worth $8 billion. This means 98% of its liabilities are not covered. This is a worse situation than that which faced US mortgage giants Freddie Mae and Fannie Mac, which lost 90% of their market value. The danger? As real estate values inevitably correct, since the average home price can only be supported at artificially-low interest rates, our banks will be backstopped by a federal government now running its worst-ever deficit. Over $600 billion in mortgage risk belongs to the taxpayers – and Ottawa is already tapped out. How can this end well? Link to comment Share on other sites More sharing options...
cwd Posted July 19, 2009 Report Share Posted July 19, 2009 Hey Doc, a friend sent me this as part of places to retire email. I want to know if he comments on Florida are accurate? AND You can live in Florida where.... 1. You eat dinner at 3:15 in the afternoon. 2. All purchases include a coupon of some kind -- even houses and cars. 3. Everyone can recommend an excellent dermatologist. 4... Road construction never ends anywhere in the state. 5. Cars in front of you often appear to be driven by headless people. Link to comment Share on other sites More sharing options...
T_Slim Posted July 19, 2009 Report Share Posted July 19, 2009 Hey Doc, a friend sent me this as part of places to retire email. I want to know if he comments on Florida are accurate? AND You can live in Florida where.... 1. You eat dinner at 3:15 in the afternoon. 2. All purchases include a coupon of some kind -- even houses and cars. 3. Everyone can recommend an excellent dermatologist. 4... Road construction never ends anywhere in the state. 5. Cars in front of you often appear to be driven by headless people. Link to comment Share on other sites More sharing options...
jickiss Posted July 19, 2009 Report Share Posted July 19, 2009 jickiss is back! jickiss is back! speaking of headless drivers, well, how about headless horsemen....don't they have a lot of cranes in Fla??? Link to comment Share on other sites More sharing options...
drwells Posted July 19, 2009 Report Share Posted July 19, 2009 Kudlow, seems not only on drugs, but almost subhuman. I became dumber just by loking at hm as I wet by thet post. <craps in pants> Link to comment Share on other sites More sharing options...
swordfish Posted July 19, 2009 Report Share Posted July 19, 2009 Really good art about china http://www.atimes.com/atimes/China/KG18Ad02.html I confirm a lot of it. Work a lotf with Huawei BTW, there is a interview with Prechter in polish "aka ft" newspaper. Really interesting. Two thing to note 1. 7 years of bear before us 2. Market hit the first top at June 11 (Prechter was forecasting June 12), now, in the second half of the 2009 there will be new higher top - around 1000-1100 THEN tHERE WILL BE huge corection So Atilla picture in overall, his inxed P could be good http://4.bp.blogspot.com/_ZdctlOEsqMQ/Sl9q...l.+16+13.39.gif In polish http://www.parkiet.com/artykul/832129.html google polish english http://translate.google.com/translate?prev...history_state0= Link to comment Share on other sites More sharing options...
shorty Posted July 19, 2009 Report Share Posted July 19, 2009 Forget Goldman, Start Worrying About the Government The advantages firms like Goldman have are symptomatic of the problem, but they are not the problem. The problem is Government and its cozy relationship with the industry it is suppose to regulate and control. The government is captured by the financial services industry, plain and simple. This is why the global financial system is a shambles. Largest PAC Contributors 1 American Fedn of State, County & Municipal Employees 2 AT&T Inc 3 National Assn of Realtors 4 Goldman Sachs 5 American Assn for Justice 6 Intl Brotherhood of Electrical Workers 7 National Education Assn 8 Laborers' Union 9 Service Employees International Union 10 Carpenters & Joiners Union 11 Teamsters Union 12 Communications Workers of America 13 American Medical Assn 14 American Federation of Teachers 15 Citigroup Inc 16 United Auto Workers Link to comment Share on other sites More sharing options...
shorty Posted July 19, 2009 Report Share Posted July 19, 2009 Nouriel Roubini cried foul, citing CNBC as using him for their own agenda as they took his words entirely out of context. Why would the fine broadcasters at CNBC do such a thing? Well, perhaps because parent company GE knew they were going to have a stinker of a quarterly report and wanted to garner some favorable market conditions in which to drop their bomb in to cushion the impact. Beleaguered CEO Jeff Immelt faced down a lot of angry shareholders in March as the stock dropped to less than 20% of the 2-year average. Still hovering around $12, what do you think the impact would have been if GE had announced mediocre results in an unfavorable market? As it was, the company dropped 8% on Friday but that was only giving up 1/2 of the Whitney/Roubini rally that was led by 5 days of pom-pom waving on GE’s financial network. Link to comment Share on other sites More sharing options...
Dharmaeye Posted July 19, 2009 Report Share Posted July 19, 2009 Really good art about chinahttp://www.atimes.com/atimes/China/KG18Ad02.html I confirm a lot of it. Work a lotf with Huawei BTW, there is a interview with Prechter in polish "aka ft" newspaper. Really interesting. Two thing to note 1. 7 years of bear before us 2. Market hit the first top at June 11 (Prechter was forecasting June 12), now, in the second half of the 2009 there will be new higher top - around 1000-1100 THEN tHERE WILL BE huge corection So Atilla picture in overall, his inxed P could be good http://4.bp.blogspot.com/_ZdctlOEsqMQ/Sl9q...l.+16+13.39.gif In polish http://www.parkiet.com/artykul/832129.html google polish english http://translate.google.com/translate?prev...history_state0= As I said before 1158 is the 50% retrace on the SnP 500. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.