DrStool Posted March 5, 2009 Report Share Posted March 5, 2009 Is that a reference to England's green & pleasant land? Actually, it's a reference to yesterday. Link to comment Share on other sites More sharing options...
BusKow Posted March 5, 2009 Report Share Posted March 5, 2009 should see initial claims along about now...for intraday pop - maybe factory orders ~10am, there's natgas ~10:30 Link to comment Share on other sites More sharing options...
Rounder Posted March 5, 2009 Report Share Posted March 5, 2009 USDEUR on the brink 1.2509 last.... Link to comment Share on other sites More sharing options...
Lemur Posted March 5, 2009 Report Share Posted March 5, 2009 USDEUR on the brink 1.2509 last.... I am still short a reduced position on EURUSD & GBPUSD and long gold. All small positions with those central bank rate decisions today. All green. I see this as swing holds with targets on the daily. Link to comment Share on other sites More sharing options...
DrStool Posted March 5, 2009 Report Share Posted March 5, 2009 I was just thinking. You guys are so good at this, would you be interested in closing the board to the general public, turning it into a pay site where those who want to to read you subscribe, and you stoolies divvy up the subscription income? I would of course just keep a tiny, tiny, tiny sliver form myself. Really, that's how good I think you are. There is an amazing depth of wisdom and experience here. I just love to follow the discussion on these boards. Except when it's about politics of course. Link to comment Share on other sites More sharing options...
Lemur Posted March 5, 2009 Report Share Posted March 5, 2009 Actually, it's a reference to yesterday. Lee in your podcasts, you think its a good idea to people to walk away from negative equity mortgages. Is there limited liability for US mortgages holders? Here in Europe if you walk away from the house and they foreclose/sell the house at a reduced price you still owe them the balance of the loan and they will pursue you for it. So walking away on this side of the Atlantic can lead to bankruptcy. Link to comment Share on other sites More sharing options...
Lemur Posted March 5, 2009 Report Share Posted March 5, 2009 I was just thinking. You guys are so good at this, would you be interested in closing the board to the general public, turning it into a pay site where those who want to to read you subscribe, and you stoolies divvy up the subscription income? I would of course just keep a tiny, tiny, tiny sliver form myself. Really, that's how good I think you are. There is an amazing depth of wisdom and experience here. I just love to follow the discussion on these boards. Except when it's about politics of course. My guess is the sums involved above would just be too small to make it worth your while. Link to comment Share on other sites More sharing options...
Rounder Posted March 5, 2009 Report Share Posted March 5, 2009 And there she goes... below 1.25.... Link to comment Share on other sites More sharing options...
Lemur Posted March 5, 2009 Report Share Posted March 5, 2009 And there she goes... below 1.25.... Sorry now I did not keep a full position on this but its been tough to sit in this trade with those vicious shakeouts. Link to comment Share on other sites More sharing options...
Rounder Posted March 5, 2009 Report Share Posted March 5, 2009 Sorry now I did not keep a full position on this but its been tough to sit in this trade with those vicious shakeouts. agreed, shorted some FXE y'day. tightened my stop down to 1.25 now.... Link to comment Share on other sites More sharing options...
BusKow Posted March 5, 2009 Report Share Posted March 5, 2009 i posted this last night...if the 20day cycle holds it (has been ) then Dow 6600 ought to be good for notable bounce Link to comment Share on other sites More sharing options...
ChicagoBear Posted March 5, 2009 Report Share Posted March 5, 2009 CD's like TJ suggested are a good ideabut it still is trusting the system for access to those dollars, and having faith in the value of those dollars anyway what are they good for? just buying stuff why not buy some of the stuff now and keep the rest in CD's, instead of all in CD's why not 50% in CD's, 10% in cash like Doc said in a buried metal box, actually several metal boxes, not all at one location, 10% in gold and silver coins also spread among multiple metal boxes 30% in survival gear, supplies, food, water, batteries, firewood, weapons, generators, fuel, ammo, hand-crank radios, etc. BUY IT NOW and keep it in multiple nearby locations with trusted friends and family I'll stress-test your portfolio right here -- aSSume that 60 seconds from now the lights are going out, the electric grid will be down for a long and unknown duration, your water and sewer will cease to function, ATM's, gas stations and grocery stores will be closed or empty, your cell phone will not work, internet access will not work, and there will be a lot of hungry, angry and desperate people around. what will you do in that situation? how much security will CD's provide then? sure you lose interest by doing this but what good is interest when you need food, water and safety? and the lost interest might be made up by savings from buying the stuff when it's readily available versus getting gouged at 10x the price in an emergency situation stock up on enough of everything for yourself plus more for others who didn't plan ahead, so you can share/barter of course you could do nothing, just depend on the government to come save you Amen Brother! Spread the word. People need to get prepared. All returns come with excessive risk at this point. Invest in your safety and well being. Don't forget to give a percent or two to household and hygiene products. I've got a year supply of TP and four grateful, happy a$$es to go with it. Won't lose a dime on that investment, either. Someone was asking about seeds yesterday. I ordered the "Garden in a Can" and the "Crops in a Can" from these folks: http://www.everlastingseeds.com/ These come vacuum sealed in #10 cans for storage. Can keep these seeds until they're needed. For gardening this year, bought seeds from Burpee: http://www.burpee.com/home.do Try the "Money Garden" to turn $10 in seeds into $650 worth of vegetables. Now there is a good investment! If your tight on space, try the "Earth Box:" http://www.earthbox.com/ I have a 26'x12' flat roof on off the back of my house. Gonna try gardening there this year so as to not lose any backyard space. FWIW, I have no personal interests in these products, and I can't vouch for their efficacy. I'm just sharing the path that I'm going down. Even if the world doesn't collapse this year, gardening should be a rewarding hobby. Be safe! Link to comment Share on other sites More sharing options...
DrStool Posted March 5, 2009 Report Share Posted March 5, 2009 http://wallstreetexaminer.com/2009/03/05/p...ls-update-3509/ Link to comment Share on other sites More sharing options...
DrStool Posted March 5, 2009 Report Share Posted March 5, 2009 The Daily Show With Jon StewartM - Th 11p / 10c Crapvision Gives Financial Advice Daily Show Full EpisodesImportant Things With Demetri Martin Political HumorJoke of the Day Link to comment Share on other sites More sharing options...
psyche doctor Posted March 5, 2009 Report Share Posted March 5, 2009 Dumped my longs from globex. Will redong lower. interesting that nq hit 1086 this morning. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.