stained jeans Posted July 7, 2004 Report Share Posted July 7, 2004 hey SJ, there is something wrong with your chart; its flashing sell but AJC says the market is undervalued. please fix it. Not that it really matters to us'ns, PB, but who is AJC? Link to comment Share on other sites More sharing options...
Guest Posted July 7, 2004 Report Share Posted July 7, 2004 What I wanted for a replacement was a simple, unpretentious, digital watch with time, day of the week, month, and date (I.E. 6:46 Tue Jul 6), with a large enough display so us old people can see it without having to put our glasses on Had exactly the same problem BS, searching high and low for a large digital readout and like you, ended up going back to the old style with hands. You'd think with an ageing population a manufacturer would have seen an opportunity... Link to comment Share on other sites More sharing options...
machinehead Posted July 7, 2004 Report Share Posted July 7, 2004 hey SJ, there is something wrong with your chart; its flashing sell but AJC says the market is undervalued. please fix it. Not that it really matters to us'ns, PB, but who is AJC? Abby Joseph Cohen the Ape Woman. Link to comment Share on other sites More sharing options...
traderfromhell Posted July 7, 2004 Report Share Posted July 7, 2004 Since we is totally off topic now any hockey fans out there? Hasek signs with the Sens today.Think he's got anything left in the tank? I don't. Link to comment Share on other sites More sharing options...
Guest Icky Twerp Posted July 7, 2004 Report Share Posted July 7, 2004 John Crudele agrees with Yobob. . .dangit. . .I NEED that hyperinflationary blowoff. . . But last Friday's report on the employment situation was worse. It showed growth of 112,000 jobs in June. The experts were expecting 250,000. That shortfall isn't the only thing that should be bothering people. To get to that 112,000 figure for new jobs, the Labor Department had to add 182,000 jobs that it assumes ? but can't prove ? are being created by newly formed small companies that can't be surveyed. Work out the numbers: If growth was 112,000 jobs and the Labor Department assumed 182,000 were being created by these invisible new businesses, then real jobs actually declined by 70,000. I made a couple of predictions in recent columns about the economy. I said, for instance, that economic growth was slowing and the Fed had been warned by advisers that this was happening. I also said that Alan Greenspan would have a difficult time raising interest rates further, because the economy just wasn't going to give him the excuse (even if inflation boiled up). That now seems to be coming to pass. And the financial markets, on their own, are bringing interest rates down ? not up ? to reflect this reality. What did catch me by surprise is the weakness of the June employment figure. I thought there would be one more good month before the next three months ? the last before the election ? began to show weakness. Those 182,000 jobs added by the Labor Department were a mighty generous assumption. But the real jobs market ? the one that isn't estimated based on guesswork and seasonal adjustments ? just isn't doing very well. IMPATIENT WITH FED, RATES ARE DROPPING ON THEIR OWN Link to comment Share on other sites More sharing options...
The End Posted July 7, 2004 Report Share Posted July 7, 2004 Found it. The SWUP (Capitalstool and the Bearish Beat) I wanna tell you 'bout Capitalstool and the Bearish Beat It comes out of the Florida swamps Cool and slow with plenty of precision And a cycle narrow and hard to master Some call it heavenly in its brilliance Others, mean and ruthful of the bullish dream I love the friends Stool has gathered together on this thin raft We have constructed pyramids in honor of our escaping This is the land where the poodits lied The brokers in the forest, brightly feathered They are saying, Forget the slide Invest with us in forests of azure Out here on the perimeter there are no 'sells' Out here we is stoned - immaculate Listen to this, I'll tell you 'bout the downwave I'll tell you 'bout the downwave and the margin calls I'll tell you 'bout the hopeless slide The meager quotes on stocks forgot I'll tell you 'bout the bonkers with wrought iron soul I'll tell you this No eternal reward will forgive us now for missing the top I'll tell you 'bout Capitalstool and the Bearish Beat Soft-driven, slow and mad, like some new language Now listen to this, I'll tell you 'bout the Doctor I'll tell you 'bout the Doctor's cycle lows I'll tell you 'bout the hopeless night Wandering the bullish dream I'll tell you 'bout the bonkers with wrought iron soul adapted from Jim Morrison's song, The WASP (Texas Radio and the Big Beat), on The Doors album L. A. Woman, April 1971. ----- Borrow and spend. Let inflation rip. Link to comment Share on other sites More sharing options...
Guest Posted July 7, 2004 Report Share Posted July 7, 2004 I haven't seen that before TE, thanks.. Brilliant work MH Link to comment Share on other sites More sharing options...
Madame Wrecked Him Posted July 7, 2004 Report Share Posted July 7, 2004 Slowly, the penny might be dropping.... on the other side of the Atlantic: 52% of people believed their homes would continue to rise in value over the next six months .... the number of people believing their homes would lose value by the end of the year had doubled, but "remains low" at 10%. North American bears should be very worried, since it has taken the UK 4 interest rate rises to get to this point where the public is finally beginning to get it - beginning being the operative word. Over here, last week's rate hike was the equivalent of a quick toe-dip into the waters. From the Guardian: Four interest rate rises since November have dented homeowners' optimism, but economists are predicting that borrowers will get a breather this month, with the Bank of England's monetary policy committee expected to keep rates at 4.5% when itannounces its July decision tomorrow. Britain's homeowners have been cashing in on the property boom by borrowing billions of pounds a month against the value of their properties, but this trend now appears to be slowing. New Bank of England figures issued yesterday showed that mortgage equity withdrawal fell to ?15.8bn in the first three months of this year, down from ?17.4bn in the previous quarter. Howard Archer, an economist at Global Insight, said the slowdown would be welcomed by the Bank. The strength of the figures had prompted warnings that by increasing the amount they are borrowing against their homes, some people could be storing up debt problems. Link to comment Share on other sites More sharing options...
Brown Suguaro Posted July 7, 2004 Report Share Posted July 7, 2004 Pee Brain, ...the Bullhead City area is booming... Bullhead City is about one and a half hours drive north of here on the Colorado River (about half way between here and Las Vegas), and for sure it is booming just like here, but how is that different from a whole list of other areas you have looked at, or I could point out? One of the reasons it is booming is because of the Laughlin gambling casinos just across the river in Nevada which are booming, and the workers need someplace to live. And there are retirees coming in from all over, as a place to live or to invest because things will just explode out there. (they sure will, but I'm not so sure the direction will be up). Heck, the prices have already doubled in less than five years. This is a bubble! Sure the prices are still lower than $200K, but why invest in real estate now when, in my opinion, you can wait several years and get it for less than half price. The housing market is already crumbling in the heartland and "it'll soon be here" (everybody sing along ) and we are only one (fill in the blank) away from Hypertigers scenario from playing out. Like the equities market in Jan. of 2000, no one thought it was a bubble, or that it would correct, but it did big time. Pilots say: "It's better to be on the ground wishing you were in the air, than in the air wishing you were on the ground". I think very soon there will be a lot of people in real estate wishing they were on the ground (because they are going to be under water :grin: ). Well, I'm afraid I didn't tell you what you wanted to hear, but in my opinion we are right on the verge of a severe deflation in housing. At 60 years old, I've lived long enough to have seen it happen before, and that's why I sold my home near Sacramento (doubling my money in five years) and am now renting and hoarding gold. At the least, I think gold will hold it's value. I hope to use some of it to buy a home several years hence (If we don't have a Hypertiger extinction event). Oh, yeah,...and if I live that long. I did move here for my health. I respect you a lot Pee Brain, and enjoy reading the things you've posted here. Hope to see you at the ASS meeting in Las Vegas :grin: . B.S. (Least Coaster - Love it ) On the day you were born, you were crying while all those about you were smiling. Live your life such that the day you die, you are smiling while all those about you are crying. Link to comment Share on other sites More sharing options...
stained jeans Posted July 7, 2004 Report Share Posted July 7, 2004 hey SJ, there is something wrong with your chart; its flashing sell but AJC says the market is undervalued. please fix it. Not that it really matters to us'ns, PB, but who is AJC? Abby Joseph Cohen the Ape Woman. Ah, you mean Bonehead. Along with Phatpiglia (aka, Buttpluglia or Battingzero) nearly perfect contrarian indicators during bear markets. Link to comment Share on other sites More sharing options...
The End Posted July 7, 2004 Report Share Posted July 7, 2004 M.H., I miss our conversations in person. I just wanted you to know that. We'll try to visit western PA one of these days. My son's interested in Carnegie Mellon U. ... campus visit. Anytime my friend. Anytime. You can meet the mrs and soak in the hot tub on J.W. blue. Link to comment Share on other sites More sharing options...
brian4 Posted July 7, 2004 Report Share Posted July 7, 2004 It is interesting on watches - TE and I are old fashioned we have Rolexes with hands and believe in a watch for life, my Lady has as many watches as she does shoes ( most of which are digital) I have my Daddy's Rolex as well as my own and it is worth more than my Daddy paid a lot more. I bought my lady a Diamond studded Bulova in 95 for our 30th anniversary which she rarely wears cuz it is pretenious-LOL! The one thing I do know is that WE were both raised on a farm can pluck a Chicken and cut steaks and grow a Garden-Bring it on AL you won't get us! Link to comment Share on other sites More sharing options...
brian4 Posted July 7, 2004 Report Share Posted July 7, 2004 BS- you are typical of those God Damn kids you are only 60 well I am a more mature 63-LOL! Link to comment Share on other sites More sharing options...
The End Posted July 7, 2004 Report Share Posted July 7, 2004 It is interesting on watches - TE and I are old fashioned we have Rolexes with hands and believe in a watch for life, my Lady has as many watches as she does shoes ( most of which are digital) I have my Daddy's Rolex as well as my own and it is worth more than my Daddy paid a lot more. I bought my lady a Diamond studded Bulova in 95 for our 30th anniversary which she rarely wears cuz it is pretenious-LOL! The one thing I do know is that WE were both raised on a farm can pluck a Chicken and cut steaks and grow a Garden-Bring it on AL you won't get us! Like I have said before Brian, My family and I are movin in or to P.E.I. Link to comment Share on other sites More sharing options...
Pee Brain Posted July 7, 2004 Report Share Posted July 7, 2004 hey SJ, there is something wrong with your chart; its flashing sell but AJC says the market is undervalued. please fix it. Not that it really matters to us'ns, PB, but who is AJC? Abbey Joseph Cohen AJC Link to comment Share on other sites More sharing options...
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