Hypertiger Posted December 13, 2003 Report Share Posted December 13, 2003 Anything that is needed and and has cartel control like oil and food has pricing power... What if not enough debt is created and distributed to the population? I guess people will starve or eat less...and Computer chips don't have any nutritional value... Eventually the commodities will collapse also... Link to comment Share on other sites More sharing options...
joestool Posted December 13, 2003 Report Share Posted December 13, 2003 You want to go up against them trading?? Just look how the Matrix plays ping-pong!! Matrix ping-pong-fu Link to comment Share on other sites More sharing options...
gruff Posted December 13, 2003 Report Share Posted December 13, 2003 Jokes chart. De ascending dark blue upper trendline was drawn from 16-Jun-03 high. Success! gruff Link to comment Share on other sites More sharing options...
The End Posted December 13, 2003 Report Share Posted December 13, 2003 The End How did that dow story go that since 1896 when the dow makes a lower low in the first Q .it will be a down year. TIA Bears can dream I guess records are made to be broken. It was a fact and alot of historical stuff is being tossed. You got me. Maybe this is a new bull market. I doubt it though. Link to comment Share on other sites More sharing options...
T_Minus Posted December 13, 2003 Report Share Posted December 13, 2003 Soup says: It is the outright theft of savings to bail out the ignorant and irresponsible. It is a system that has gone to hell. You mean the tax cut for the rich, the slave factories for the multinationals, or perhaps the government contracts for the campaign donors? You know, the poor. The American poor are treated worse than in any other European nation. The mercy you have, is the mercy you shall recieve. Link to comment Share on other sites More sharing options...
dozer Posted December 13, 2003 Report Share Posted December 13, 2003 SACRAMENTO, Calif. (Reuters) - California's Senate approved on Friday a plan backed by California Gov. Arnold Schwarzenegger to cover the state's growing deficit with a record $15 billion bond measure." why not? worked for GM ! also read that Pittsburgh is filing for bankruptcy. First of many I think. Just wondering how thick and fast they'll come... Link to comment Share on other sites More sharing options...
fxfox Posted December 13, 2003 Report Share Posted December 13, 2003 ok, since the "rumble in da jungle" hasnt started yet i think i better go to bed now. Good night Link to comment Share on other sites More sharing options...
Madame Wrecked Him Posted December 13, 2003 Report Share Posted December 13, 2003 Talk about spin on this story: GM Nearly Closes Pension Gap To the casual reader it might sound as if GM has solved its pension problem - that is if the market stays up - but all they've done is borrowed extremely heavily to ensure the pensioners get their retirement money. The shareholders of the future are going to be the bagholders, guaranteed. Borrowing from future shareholders to help secure their own retirement. What's so positive about that? Moreover, the paragraph that struck me as very weird is this one: GM said it hopes to cut the volatility in the annual returns on its pension plan assets, which totaled $67.3 billion at the end of 2002, by diverting a portion of the investments from U.S. stocks into emerging market debt, high-yield bonds, real estate and other assets. How does diversifying into higher risk categories of investments help cut volatility? I call it looking for higher returns and hoping like hell that the market doesn't tank. Link to comment Share on other sites More sharing options...
Goldmember Posted December 13, 2003 Report Share Posted December 13, 2003 ok, since the "rumble in da jungle" hasnt started yet i think i better go to bed now. Good night Rumble? What rumble? Sloth, Tanx. I'm happy you liked it. Link to comment Share on other sites More sharing options...
mjkst27 Posted December 13, 2003 Report Share Posted December 13, 2003 Pittsburgh's financial situation may be representative of other Rust Belt cities, perhaps, but I wouldn't necessarily take it as a proxy for cities nationwide. Pittsburgh has some circumstances that most cities don't have nearly as bad, like an extremely aged infrastructure, hilly terrain (winter cleanup is expensive), extremely aged population, a multitude of institutions within city limits that are exempt from city taxes, little leverage with the state legislature to levy a commuter tax on suburbanites who work in the city, etc. etc. Not that other cities don't have these sorts of things, I just believe that Pittsburgh has them all a shade or more worse. Plus the yuppy flight to the burbs has been something to behold in the last 30 years. anyway, I just had a crazy thought...is this market smelling out a Chinese Yuan revaluation? I know, I know, markets don't do that sort of thing, but I wonder...maybe this bum rush stops when the Yuan gets revalued, maybe sometime in 2004? I guess the logic is that this will somehow wind up being good for the US manufacturing economy, and once it comes to pass, sell the news. also noticed that the D10k thing made the cover of the Pittsburgh fishwrap today...that kind of thing happens at tops.....just like the picture of the grief-stricken floor trader with head in hands appears on the front page of the rag at bottoms............ Link to comment Share on other sites More sharing options...
Pee Brain Posted December 13, 2003 Report Share Posted December 13, 2003 Prechter will be short gold all the way to $500. ORO Link to comment Share on other sites More sharing options...
mjkst27 Posted December 13, 2003 Report Share Posted December 13, 2003 ...now that's not to say that Mayor Smurfy didn't pull some really dumbass bubble-era financial tricks a few years back that got the Burgh in trouble, however......... Link to comment Share on other sites More sharing options...
purdymouth Posted December 13, 2003 Report Share Posted December 13, 2003 Nat Gas rises nearly 50% since Thanksgiving ... Oppenheimer & Company senior energy anal cyst Fadel Gheit said natural gas price levels and volatility don't seem consistent with market fundamentals. ``I would like to see (New York Attorney General) Elliott Spitzer take a closer look at the market,'' Gheit said, adding that residential and industrial consumers are paying more for no good reason. ``Gas prices in my view should not be at $7,'' Gheit said. ``There is no supply shortage.'' Link to comment Share on other sites More sharing options...
The End Posted December 13, 2003 Report Share Posted December 13, 2003 A bit of Frank Zappa. Off the You are what you is album. You say there ain?t no use in livin? It?s all a waste of time ?n you wanna throw your life away, well People that?s just fine Go ahead on ?n get it over with then Find you a bridge ?n take a jump Just make sure you do it right the first time ?cause nothin?s worse than a suicide Chump You say there ain?t no light a-shinin? Through the bushes up ahead ?n we?re all gonna be so sorry When we find out you are dead Go head on and get it over with then Find you a bridge ?n take a jump Just make sure you do it right the first Time ?cause nothin?s worse than a suicide Chump Now maybe you?re scared of jumpin? ?n poison makes you sick ?n you want a little attention ?n you need it pretty quick Don?t wanna mess your face up Or we won?t know if it?s you Aw there?s just so much to worry about Now what you gonna do? Go head on ?n get it over with then Go head on ?n get it over with then Go head on ?n get it over with then Go head on ?n get it over with then You?re on the bridge; Scared to leap, But a girl walks over To take a peep... She says: "don?t do it!" But wouldn?t you know... The girl got a head Like a buffalo With a little red hair All over the top An? her breath would make the Traffic stop She says "i love you... But first, let?s eat!" And all you can say as you run down the Street Is... Jumbo go away.... Link to comment Share on other sites More sharing options...
Optical Rectitus Posted December 13, 2003 Report Share Posted December 13, 2003 Dozer-in re California bonds-New Jersey did a similar bond issue to fund pensions, it did not work, and now our NJ friends are stuck paying it off. Pittsburgh also has the hated Steelers. Nuf said, I was raised a Browns fan, best day of my life(kidding) was when Turkey Jones spiked Bradshaw. Link to comment Share on other sites More sharing options...
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