brian4 Posted September 8, 2004 Report Share Posted September 8, 2004 opening now for one hour and 10 minutes-Helmets on, lock n load! Link to comment Share on other sites More sharing options...
Butterfield 8 Posted September 8, 2004 Report Share Posted September 8, 2004 Greenspan sounds like the Cheshire cat. complete nonsense Link to comment Share on other sites More sharing options...
maximummark Posted September 8, 2004 Report Share Posted September 8, 2004 Amazing to me that Congressional questions and public criticism of Greenspan largely have nothing to do with the "Federal" Reserve...he may be a liar and a fool, but his mandate is to protect the banking system, which, by way of the carry trade, he has done very well...the fact that in so doing he has helped bankrupt the nation and beggar the world is just added emphasis for those who seem even at this late date to deny that mandate...they do not care about you...they live as long as they can as well as they can, and devil take the hindmost... But hey, how about that TASR...takeover rumors kicked the shorts right in the cajones this morning... Link to comment Share on other sites More sharing options...
machinehead Posted September 8, 2004 Report Share Posted September 8, 2004 while at the gym watching AG speak, it struck me that the 25% LT cap gains rate (CA state & Fed) may be the lowest ill ever see from this date forward. Yes. The historical perspective from this article will totally confirm that for you ... marginal rates on income have been as high as 94%. We are closer to an historic low in tax rates, than an historic high: Origins of the Income Tax So ... doing exchanges to defer capital gains might not pay, if the cap gains rate goes back to 50% or more in the future. Gov't at all levels has a HUGE fiscal problem. Tax rates can ONLY go up. Link to comment Share on other sites More sharing options...
twignberries Posted September 8, 2004 Report Share Posted September 8, 2004 NDX 5 min chart bouncing along 200 SMA, looking weak, RSI confirming potential breakdown. I'm expecting a negative afternoon. Link to comment Share on other sites More sharing options...
Pee Brain Posted September 8, 2004 Report Share Posted September 8, 2004 i dont see what all the fuss is about, its easier to get a hummer these days, which is a "good" thing - thank ya W Link to comment Share on other sites More sharing options...
microdon Posted September 8, 2004 Report Share Posted September 8, 2004 Greenspan sounds like the Cheshire cat. complete nonsense You do a disservice to cats everywhere and particularly the Cheshire. Link to comment Share on other sites More sharing options...
rog Posted September 8, 2004 Report Share Posted September 8, 2004 Mumbles continues to wrap the rope around his neck: "if it wasn't for the spike in oil prices, I would be much more optimistic about the economy at this point" When the bear market resumes with a vengence that phrase will come back to haunt him. Link to comment Share on other sites More sharing options...
PeakOil Posted September 8, 2004 Report Share Posted September 8, 2004 The bearishness everywhere on the metals is at ATHsIs there anyone here, who likes silver or gold, right here right now? The PMs are at bargain basement prices. Risk/reward looks pretty good IMHO. At $400 Gold and $6.20 Silver I'm a buyer of both. At $360 Gold $5.50 Silver I'm a rabid buyer of both. Stocks, alas the poor beaten up juniors, are another story. Nothing that a $USD breakdown won't fix though. Link to comment Share on other sites More sharing options...
soup Posted September 8, 2004 Report Share Posted September 8, 2004 Grand Pooper: It has gotten to the point that the repubs and dems are so much alike that they can not criticize one another for fear of criticizing themselves. Vote Libertarian Link to comment Share on other sites More sharing options...
machinehead Posted September 8, 2004 Report Share Posted September 8, 2004 SOX set another 52-week low. The Hall of Smoke and Mirrors is burning. Snarling bearish ... Link to comment Share on other sites More sharing options...
brian4 Posted September 8, 2004 Report Share Posted September 8, 2004 Actually if you are watching carefully- Greenspan is saying in his foggy way we need or a return to fiscal resposibility or we are fooked-PEGO has been used a dozen times. The Repubs look like idiots, Greenie is scared shitless, I think this hearing just puts a torpedo in the water aimed right at Shrub and Cheney! Link to comment Share on other sites More sharing options...
brian4 Posted September 8, 2004 Report Share Posted September 8, 2004 stop 1122-the window is crushing it right now! Link to comment Share on other sites More sharing options...
Butterfield 8 Posted September 8, 2004 Report Share Posted September 8, 2004 Brian - why can't he just say that . in English. Link to comment Share on other sites More sharing options...
soup Posted September 8, 2004 Report Share Posted September 8, 2004 butter: good question Link to comment Share on other sites More sharing options...
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