lenygold Posted August 13, 2004 Report Share Posted August 13, 2004 Dow futures makin' another run at 9800..if they get thru..that should outta do it.. I am reading in Russian newspapers the biggest oil byer is United States. Thay expect 60 -65 $ for barrel. I thing this could explain trade deficit. Link to comment Share on other sites More sharing options...
GregFokker Posted August 13, 2004 Report Share Posted August 13, 2004 Anyone see that opening 2.08 total p/c ratio? Link to comment Share on other sites More sharing options...
Guest Posted August 13, 2004 Report Share Posted August 13, 2004 Great Link, Hunter...Thanks. Link to comment Share on other sites More sharing options...
Bearbones Posted August 13, 2004 Report Share Posted August 13, 2004 I am reading in Russian newspapers the biggest oil byer is United States.Thay expect 60 -65 $ for barrel. I thing this could explain trade deficit. FWIW Louise Yamada expects $67. First, I keep hearing rumors that the strategic reserve will be tapped. Or should we begin calling it the oil market stabilization reserve? Link to comment Share on other sites More sharing options...
machinehead Posted August 13, 2004 Report Share Posted August 13, 2004 I am reading in Russian newspapers the biggest oil byer is United States.Thay expect 60 -65 $ for barrel. I thing this could explain trade deficit. FWIW Louise Yamada expects $67. First, I keep hearing rumors that the strategic reserve will be tapped. Or should we begin calling it the oil market stabilization reserve? How 'bout the Black Hole? The earl checks in, but it never checks out ... Link to comment Share on other sites More sharing options...
Guest Posted August 13, 2004 Report Share Posted August 13, 2004 Reports: Bush tax cuts help rich Congressional Budget Office says tax burden fell for those making $1M, increased for lower levels. August 13, 2004: 7:22 AM EDT NEW YORK (Reuters) - President George W. Bush's tax cuts have transferred the federal tax burden from the richest Americans to middle-class families, with one-third of the cuts benefiting people with the top 1 percent of income, according to a government report cited in newspapers Friday. The Congressional Budget Office report, to be released Friday, is likely to fuel the debate over the cuts between Bush and his Democratic challenger in November, Sen. John Kerry. The report said the top 1 percent, with incomes averaging $1.2 million per year, will receive an average $78,460 tax cut this year, and have seen their share of the total tax burden fall roughly 2 percentage points to 20.1 percent, according to The New York Times. In contrast, households in the middle 20 percent, with incomes averaging $57,000 per year, will receive an average cut of only $1,090, the newspaper said, citing the CBO report. http://money.cnn.com/2004/08/13/news/econo...ion_taxes.reut/ Link to comment Share on other sites More sharing options...
Bearbones Posted August 13, 2004 Report Share Posted August 13, 2004 Re: oil Have the bozos stopped blaming the speculators yet? When will they begin to blame the Fed and the administration for artificially goosing demand thus creating boom conditions in China, India and elsewhere in an effort to stem the natural forces of post-bubble liquidation? Link to comment Share on other sites More sharing options...
Sphinxter Posted August 13, 2004 Report Share Posted August 13, 2004 Re: oil Have the bozos stopped blaming the speculators yet? When will they begin to blame the Fed and the administration for artificially goosing demand thus creating boom conditions in China, India and elsewhere in an effort to stem the natural forces of post-bubble liquidation? I think the oil market is among the most self-deluded in existence. Look at the 10 year forward contracts. $28/bbl? Only in the wildest global depression ever. Maybe. Link to comment Share on other sites More sharing options...
Guest Posted August 13, 2004 Report Share Posted August 13, 2004 Re: oil Have the bozos stopped blaming the speculators yet? When will they begin to blame the Fed and the administration for artificially goosing demand thus creating boom conditions in China, India and elsewhere in an effort to stem the natural forces of post-bubble liquidation? Some vast assumptions were made...strategic assumptions which have not panned out. All of those points you made are of course true, but Rumsfeld guaranteed unlimited oil supply from Iraq, followed by the takeove of Iran and Venezuela, thereby assuring "managed" oil prices under the control of his Royal Anus, Dick Cheney. Rumsfeld was the weak link in the strategy. The whole plan will fail because of his hubris and arrogance...not to mention an Arab population who don't seem to take to kindly to ultimatums. Link to comment Share on other sites More sharing options...
Sphinxter Posted August 13, 2004 Report Share Posted August 13, 2004 Time for Act II of today's dolor decline. Link to comment Share on other sites More sharing options...
Drano Posted August 13, 2004 Report Share Posted August 13, 2004 lenygold -- I don't remember seeing your first post before. Welcome to Stoolville. Are you in Russia, or do you just read Russian newspapers? Link to comment Share on other sites More sharing options...
DrStool Posted August 13, 2004 Report Share Posted August 13, 2004 Bong Smoking Uncle Buck Gets Smashed Uncle Buck and the Long Bong Hit, including short and long term updated charts and price targets, is now loaded. Take a subscribatory and get the latest whiff of Uncle Buck and the Long Bong Hit. 30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW! Link to comment Share on other sites More sharing options...
Drano Posted August 13, 2004 Report Share Posted August 13, 2004 Sledd: APOL announces plan to convert all UOPX (U of Phoenix Online) shares to APOL shares. Harris Nesbitt immediately downgrades it to Neutral from Outperform. I think they meant Ouch-perform. Link to comment Share on other sites More sharing options...
Sphinxter Posted August 13, 2004 Report Share Posted August 13, 2004 The "Mea Culpa" from the Washington Post on their failed pre-war coverage leaves me cold. In retrospect, said Executive Editor Leonard Downie Jr., "we were so focused on trying to figure out what the administration was doing that we were not giving the same play to people who said it wouldn't be a good idea to go to war and were questioning the administration's rationale. Not enough of those stories were put on the front page. That was a mistake on my part." Across the country, "the voices raising questions about the war were lonely ones," Downie said. "We didn't pay enough attention to the minority." Lonely? Maybe Downie should have peeked out his window at the largest peace-time demonstration(s) ever held in US history. They happened right in his town, right outside his building. Kinda hard to miss, wouldn't you say Downie? Lonely? I believe there's a special place in hell for revisionists. The WaPo staff just earned a spot. Link to comment Share on other sites More sharing options...
Guest Posted August 13, 2004 Report Share Posted August 13, 2004 Oil about to blow through $46 Link to comment Share on other sites More sharing options...
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