machinehead Posted October 19, 2004 Report Share Posted October 19, 2004 Chavs are ruining the UK and it's all so sad. Of course Govt's love it because it dumms down the population so much that they (govt) pretty much get a free pass to do anything because a) nobody notices (too busy debating J-Lo's new hairstyle etc) and wouldn't understand what's going on even they did notice what's going on. Martin Amis has been writing about them for 20 years, hasn't he. e.g. John Self in Money and darts champ Keith in London Fields ... who believes TV is real. Link to comment Share on other sites More sharing options...
zensmoke Posted October 19, 2004 Report Share Posted October 19, 2004 Remarks by Chairman Alan Greenspan The mortgage market and consumer debt At America?s Community Bankers Annual Convention, Washington, D.C. October 19, 2004 http://www.federalreserve.gov/boarddocs/sp...019/default.htm In summary, although some broader macroeconomic measures of household debt quality do not paint as favorable a picture as do the data on loan delinquencies at commercial banks and thrifts, household finances appears to be in reasonably good shape. There are, however, pockets of severe stress within the household sector that remain a concern and we need to be mindful of the difficulties these households face. In addition, a significant decline in consumer incomes or house prices could quickly alter the outlook; nonetheless, both scenarios appear unlikely in the quarters immediately ahead. If lenders, including community bankers, continue their prudent lending practices, household financial conditions should be all the more likely to weather future challenges. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 19, 2004 Report Share Posted October 19, 2004 Looks like COF wasnt listening to Als consumer debt concerns Going vertical Market is inverse to reality Link to comment Share on other sites More sharing options...
TURK Posted October 19, 2004 Report Share Posted October 19, 2004 Trannies peak so far is 3392. target was 3400. Negative MACD divergence on 15 minute chart. BBH peaked at 139.81 with target of 140. Close enough? Maybe :grin: Turk Link to comment Share on other sites More sharing options...
depends Posted October 19, 2004 Report Share Posted October 19, 2004 Taking partial short in IBM here. Link to comment Share on other sites More sharing options...
machinehead Posted October 19, 2004 Report Share Posted October 19, 2004 Excited murmurs are growing among the Nasdaqi tribesmen. There's wild talk of a raid to reconquer the Permanent Plateau at 2020. But time is running out, as the liquidity draught turns the lowlands brown and desolate ... Link to comment Share on other sites More sharing options...
TURK Posted October 19, 2004 Report Share Posted October 19, 2004 BBH rolling over. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 19, 2004 Report Share Posted October 19, 2004 AIG 2.00 off the highs as the mms are leaving the table flocking to IBM Panic buying Panic selling Panic buying Panic selling I smell failure Link to comment Share on other sites More sharing options...
Butterfield 8 Posted October 19, 2004 Report Share Posted October 19, 2004 read on an fx site that commercials are short commodity currencies, specs record long. be careful selling dollar at these levels. Link to comment Share on other sites More sharing options...
machinehead Posted October 19, 2004 Report Share Posted October 19, 2004 Dollah index 86.85 (30-min delay) Big trouble coming. The dollah is the pillar that Bubble II rests on ... Link to comment Share on other sites More sharing options...
GregFokker Posted October 19, 2004 Report Share Posted October 19, 2004 Remarks by Chairman Alan GreenspanThe mortgage market and consumer debt At America?s Community Bankers Annual Convention, Washington, D.C. October 19, 2004 http://www.federalreserve.gov/boarddocs/sp...019/default.htm In summary, although some broader macroeconomic measures of household debt quality do not paint as favorable a picture as do the data on loan delinquencies at commercial banks and thrifts, household finances appears to be in reasonably good shape. There are, however, pockets of severe stress within the household sector that remain a concern and we need to be mindful of the difficulties these households face. In addition, a significant decline in consumer incomes or house prices could quickly alter the outlook; nonetheless, both scenarios appear unlikely in the quarters immediately ahead. If lenders, including community bankers, continue their prudent lending practices, household financial conditions should be all the more likely to weather future challenges. I'd think that if I get to attain a ripe old age, I'll leverage my seniority to ever more faithfully speak what I perceive to be the truth. I will not do so on the side of lies and obfuscation. Link to comment Share on other sites More sharing options...
TURK Posted October 19, 2004 Report Share Posted October 19, 2004 Trannies looking weak in the knees :grin: Link to comment Share on other sites More sharing options...
brian4 Posted October 19, 2004 Report Share Posted October 19, 2004 Window is closing on a good note-I bought 1120 puts spt wd on the re break of 1118 stop 1120-2 point risk-the Pig is on its own for a bit! Link to comment Share on other sites More sharing options...
orvack Posted October 19, 2004 Report Share Posted October 19, 2004 Calculus, this is not an "easy money" period, it's a Slut Money period. I just can't take all these pimped cars with neons and flashy wheels. Everything looks slutty to me right now : Homes, 12-yr old girls, cars, music, television shows.. Link to comment Share on other sites More sharing options...
Lock Limit Down Posted October 19, 2004 Report Share Posted October 19, 2004 Dollah index 86.85 (30-min delay) Big trouble coming. The dollah is the pillar that Bubble II rests on ... Bouncing a bit now They need help fast Link to comment Share on other sites More sharing options...
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