Charmin Posted August 6, 2007 Report Share Posted August 6, 2007 I really wonder if I should sell everything and pile the proceeds into just one stock. 596491[/snapback] Potash is a very important product to agriculture I believe. Probably more important than all that corn needed to fuel the government edicts. It may be that there eventually won't be enough potash to go around. Link to comment Share on other sites More sharing options...
cwd Posted August 6, 2007 Report Share Posted August 6, 2007 Just heard the monologue for both hours of the Sunday Bob Shtinker show.He had the same message as Jimmy Cramer although he was much more constrained. He was very critical of the FED and Helo Ben. Said they were in an IVORY Tower searching for inflation when the core rate is 2% and high fuel prices are hurting J6P. He said FED funds should be mid 4s as wealth is being destroyed through home foreclosures. He didn't say anything about the stock market in the monoloque, spent the whole time critizing the FED. 596552[/snapback] the Bulls loved the FED the last 2 years or so ... i am not sure why they are all blaming the FED now. i think all the credit stroies right now are just newznoise. as usual.... i don't think what ever brings this market down will be reported on before it happens. we are all getting the credit stories over and over ... is credit really gone up in smoke ? did the world credit market change in 2 weeks ... as for AMH folding and closing shop what happened there ? was it people not paying .... I dont think it was. the end is coming ... i know for sure. 596573[/snapback] This is Helo Ben's first crisis. The Fraudsters want to make sure that he follows the AG scrip. Rate cuts and unlimited credit. Link to comment Share on other sites More sharing options...
mdporter Posted August 6, 2007 Report Share Posted August 6, 2007 Just heard the monologue for both hours of the Sunday Bob Shtinker show.He had the same message as Jimmy Cramer although he was much more constrained. He was very critical of the FED and Helo Ben. Said they were in an IVORY Tower searching for inflation when the core rate is 2% and high fuel prices are hurting J6P. He said FED funds should be mid 4s as wealth is being destroyed through home foreclosures. He didn't say anything about the stock market in the monoloque, spent the whole time critizing the FED. 596552[/snapback] the Bulls loved the FED the last 2 years or so ... i am not sure why they are all blaming the FED now. i think all the credit stroies right now are just newznoise. as usual.... i don't think what ever brings this market down will be reported on before it happens. we are all getting the credit stories over and over ... is credit really gone up in smoke ? did the world credit market change in 2 weeks ... as for AMH folding and closing shop what happened there ? was it people not paying .... I dont think it was. the end is coming ... i know for sure. 596573[/snapback] Dude we've been posting credit stories here on the Stool for the past two weeks. All the information is right here if you choose to read it and consider the information in a macro-economic context. There is also Russ Winters' blog on wallstreetexaminer.com and calculatedrisk.blogspot.com . Link to comment Share on other sites More sharing options...
linrom Posted August 6, 2007 Report Share Posted August 6, 2007 Doom. gloom and forgotten boom. Newmont Mining Vice President Pierre Lassonde, recognised for his ability to predict the gold trend, says the huge number of people joining the middle class in China will fuel the resources boom beyond the next 20 years. Link Link to comment Share on other sites More sharing options...
4shzl Posted August 6, 2007 Report Share Posted August 6, 2007 Looks like they hit the bid with 15k ES contracts in the first ten minutes tonight -- the Globex punks choked, puked and let it slide to 1432.75. Maybe they should get a lesson from Maria B. on how to swallow. Watch to see if this level holds tomorrow AM early. Might get a dead cat twitch from there. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted August 6, 2007 Report Share Posted August 6, 2007 Braving the Subprime Storm:Tough to Avoid Trouble, As More Parts of Market Start to Move Together This link links to a WSJ article dated 8/06/07. The readers comments are always good. Link to comment Share on other sites More sharing options...
Charmin Posted August 6, 2007 Report Share Posted August 6, 2007 The last time I shorted using leveraged profunds for the SPX happened right at the same level back on Feb. 27 and then it turned out to be only a scalp. Maybe this time the bulls have no scalp left. SDS http://www.StockSharePublishing.com/ChartL..._1186374613.png Link to comment Share on other sites More sharing options...
mdporter Posted August 6, 2007 Report Share Posted August 6, 2007 Disgraced former Home Depot CEO (but who got a huge golden parachute) has been named the new CEO of Chrysler Motors. I find it hard to believe there are no experienced auto industry candidates who are available for that job! What a world... Link to comment Share on other sites More sharing options...
barelyone Posted August 6, 2007 Report Share Posted August 6, 2007 Anyone have live ES and NQ futures quotes yet? 596556[/snapback] Best I have is SP07U's at 1438.00 - down 6 from Friday. both have reversed early losses. es now 1444 up 1,,nq 1940.75 up 1.25 as of 12:42 am central. 596559[/snapback] Link to comment Share on other sites More sharing options...
Yaryman Posted August 6, 2007 Report Share Posted August 6, 2007 Disgraced former Home Depot CEO (but who got a huge golden parachute) has been named the new CEO of Chrysler Motors. I find it hard to believe there are no experienced auto industry candidates who are available for that job! What a world... 596587[/snapback] When I saw the story I thought "didn't the guy get fired from Home Depot?". Sure seems like he did. Link to comment Share on other sites More sharing options...
Goldmember Posted August 6, 2007 Report Share Posted August 6, 2007 Sow has a coincidental occurence at 13050-13052. Could be highly reactionary at that level. .....boner or crash from the ma's? That's for YOU to decide! Link to comment Share on other sites More sharing options...
Goldmember Posted August 6, 2007 Report Share Posted August 6, 2007 It really doesn't look too rozy from this point of view. girlebulls ?bearman have blown their Ditech wad, Shtincter and Krammer have their panties in a knot, we've barely travelled down on the blue indicator, chart below [ recently descending from the 100% level with a ways to go] and already the uberbullz are whining to O' Mighty Benwa to save their puckered sphincters.... Pull another ball out of their asses, Ben! The uberbullz sphincters can repucker again at 12510 or so... Link to comment Share on other sites More sharing options...
Goldmember Posted August 6, 2007 Report Share Posted August 6, 2007 However, some longer term indicators seem to say that the girlebulls ?bearman could still party on for awhile, after of course, the current correction underway... .....wherever it ends. Link to comment Share on other sites More sharing options...
Jimbo Posted August 6, 2007 Report Share Posted August 6, 2007 A BRIDGE TOO FAR Spector, who grew up in the Washington suburb of Chevy Chase, Maryland, became friendly with Cayne because of their mutual affection for bridge and helped manage the fixed-income department before being promoted to co-president. Actually Bear Stains is now a buy - long dated call options the way to go here. It will survive with a tarnished reputation al la Solomon Brothers. Link to comment Share on other sites More sharing options...
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