bundys_dodge Posted January 29, 2010 Report Share Posted January 29, 2010 Amazon to buy back up to $2 bln in shares I dunno. Maybe it's just me. Or, maybe I don't understand the nuances of corporate capital optimization. But.... I'm not really convinced that the track record is really encouraging of technology company management well-timing repurchases of their shares. And.... Doesn't this sort of suggest that there aren't a lot of profitable opportunities for investment of that cash in the bidniz itself? Lastly.... Amid the on-going difficult economic period, isn't there the possibility of, I dunno, picking up some smaller distress assets from struggling tech startups to improve the underlying competitive position of the bidniz? Just sayin'...... I wonder if Mr. Bezos and other insiders are planning to sell shares... Link to comment Share on other sites More sharing options...
MrHanky Posted January 29, 2010 Author Report Share Posted January 29, 2010 It seems clear that we need to go lower....How low is the question.... Gotta figure to at least the 200...But the time frame who knows. Could get there quick http://stockcharts.com/h-sc/ui?s=$SPX Link to comment Share on other sites More sharing options...
Drano Posted January 29, 2010 Report Share Posted January 29, 2010 It seems clear that we need to go lower....How low is the question.... Are you implying that the market is in limbo? I thought we were done with that. Link to comment Share on other sites More sharing options...
MrHanky Posted January 29, 2010 Author Report Share Posted January 29, 2010 Or to the 50 week on the weekly?long way down..... Scary how it dropped OVER 300 points in a blink in sept 08,could it happen again? Link to comment Share on other sites More sharing options...
quanta Posted January 29, 2010 Report Share Posted January 29, 2010 I-PON The string is the antenna, and makes a convenient carrying cord Defective by Design DRM will give Apple and their corporate partners the power to disable features, block competing products (especially free software) censor news, and even delete books, videos, or news stories from users' computers without notice-- using the device's "always on" network connection. This past year, we have seen how human rights and democracy protestors can have the technology they use turned against them. By making a computer where every application is under total, centralized control, Apple is endangering freedom to increase profits. Apple can say they will not abuse this power, but their record of App Store rejections and removals gives us no reason to trust them. The iPad's unprecedented use of DRM to control all capabilities of a general purpose computer is a dangerous step backward for computing and for media distribution. Others will be watching the reaction to this thing... Link to comment Share on other sites More sharing options...
Drano Posted January 29, 2010 Report Share Posted January 29, 2010 Even the NY Times agrees that AAPL used an unfortunate name for the device. http://bits.blogs.nytimes.com/2010/01/27/t.../?th&emc=th Link to comment Share on other sites More sharing options...
Charmin Posted January 29, 2010 Report Share Posted January 29, 2010 It seems clear that we need to go lower....How low is the question.... I call upon the Ghosts of 29 to close the spx below last month's low of 1085.89. It went right up to old supply that started off in Oct. 2008 http://www.StockSharePublishing.com/ChartL..._1264725452.png Link to comment Share on other sites More sharing options...
T_Slim Posted January 29, 2010 Report Share Posted January 29, 2010 Will someone go and stuff a poop infested sock into larry kudblow's mouth . . . ugh . . . "obama's tax policies are bad for business" you know it's all over when this dumb moron goes off the air along with CNBS . . . Link to comment Share on other sites More sharing options...
mdporter Posted January 29, 2010 Report Share Posted January 29, 2010 Defective by Design DRM will give Apple and their corporate partners the power to disable features, block competing products (especially free software) censor news, and even delete books, videos, or news stories from users' computers without notice-- using the device's "always on" network connection. This past year, we have seen how human rights and democracy protestors can have the technology they use turned against them. By making a computer where every application is under total, centralized control, Apple is endangering freedom to increase profits. Apple can say they will not abuse this power, but their record of App Store rejections and removals gives us no reason to trust them. The iPad's unprecedented use of DRM to control all capabilities of a general purpose computer is a dangerous step backward for computing and for media distribution. Others will be watching the reaction to this thing... Nobody is being forced to buy and use the product. If the user does not want to live within the ecosystem and restrictions, then they don't need to buy it. They can buy one of the other tablets, or use good old fashioned paper. Link to comment Share on other sites More sharing options...
Charmin Posted January 29, 2010 Report Share Posted January 29, 2010 Senator Jeanne Shaheen is going to visit the utility control room where I work. She wants to see how a $15 million corporate handout is going to be applied for smart metering. Just think, upper management can keep their high pay/bonuses, set an example by cutting back on the hours of those who are near retirement, run a company with the highest rates in the area and get a handout with a pat on the back. Bailout Nation Mr. Market can pound sand Link to comment Share on other sites More sharing options...
risk_management Posted January 29, 2010 Report Share Posted January 29, 2010 Bid/Ask spread on GC/YG is like from 1.10 to 1.90. It's nothing I've ever seen. Even at this time of the day. Ok, I haven't followed gold futures for too long but still....anyone has an explanation? Link to comment Share on other sites More sharing options...
Drano Posted January 29, 2010 Report Share Posted January 29, 2010 Doc's favorite blogger ZeroHedge is possibly getting sued by Morgan Stanley for plagiarism of its charts. http://blog.ctnews.com/teribuhl/2010/01/28...inst-zerohedge/ What I find amusing is that the blogger on another site who pointed out the similarity of the charts, used the name Dexter Morgan. Aside from the reference to Morgan Stanley, you may remember that Dexter Morgan is the name of what Showtime refers to as "America's favorite serial killer." Link to comment Share on other sites More sharing options...
Frenchy Posted January 29, 2010 Report Share Posted January 29, 2010 How low? Maybe lower then 666. Why? Greed, power, population aging, debt, bubbles, resources, wars, low education, pollution, and the awakening of the dragon. Don't you know about the new fashion honey? All you need are looks and a whole lotta money. It's the next phase, new wave, dance craze, anyways It's still rock & roll to me. (Billy joel) Link to comment Share on other sites More sharing options...
specie Posted January 29, 2010 Report Share Posted January 29, 2010 if the automatic earth blog isn't one of your stops everyday YOURE A DOUCHEBAG The headlines will get much worse from here. Negative t-bill rates are coming in a much bigger way, but always less negative than would yield a low real rate of interest, so the liquidity trap persists. Negative t-bill rates will make cash on hand look better than bonds, even of the shortest duration, as cash won't have a built in depreciation. T-bills will still be a good deal relative to most things, but cash on hand will be better. That will increase the likelihood of cash withdrawals leading to bank runs. Eventually one will want to get into hard assets, even if asset prices still have further to fall. Liquidity can be as hard to hang on to as it sounds, and is therefore not a long term bet. A couple of years should be enough to ride out the worst of an asset price collapse while still being in a relatively low risk position regarding liquidity. http://theautomaticearth.blogspot.com/ Link to comment Share on other sites More sharing options...
quanta Posted January 29, 2010 Report Share Posted January 29, 2010 Nobody is being forced to buy and use the product. If the user does not want to live within the ecosystem and restrictions, then they don't need to buy it. They can buy one of the other tablets, or use good old fashioned paper. Exactly, however it is very interesting to see how popular the IPhone is given the restrictions. This thing is even more onerous and a sign of the times: 'This is a huge step backward in the history of computing,' said FSF's Holmes Wilson, 'If the first personal computers required permission from the manufacturer for each new program or new feature, the history of computing would be as dismally totalitarian as the milieu in Apple's famous Super Bowl ad.' The iPad has DRM writ large: you can only install what Apple says you may, and 'computing' goes consumer mainstream — no more twiddling, just sit back, spend your money, and watch the show — while we allow you to." Link to comment Share on other sites More sharing options...
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