longOnUranus Posted August 2, 2004 Report Share Posted August 2, 2004 House Speaker Hastert proposes elimination of IRS as part of newBush plan. http://www.drudgereport.com/rnc.htm Promise the sheeple anything..... they WILL believe! Funny how the Repubs have 3 1/2 years control of both houses and exec branch, they "re-think" government 3 months before an election... swill Link to comment Share on other sites More sharing options...
machinehead Posted August 2, 2004 Report Share Posted August 2, 2004 Bush will speak in the Rose Garden at 11:30 a.m. EDT. Don't want to pre-empt Brian here, but presumably a window should be opening around that time. Link to comment Share on other sites More sharing options...
brian4 Posted August 2, 2004 Report Share Posted August 2, 2004 MH-you are clairvoyant-one does. Icing on the Cake-Huh! Link to comment Share on other sites More sharing options...
zensmoke Posted August 2, 2004 Report Share Posted August 2, 2004 July Manufacturing ISM Report On Business? http://www.ism.ws/ISMReport/ROB082004.cfm Link to comment Share on other sites More sharing options...
zensmoke Posted August 2, 2004 Report Share Posted August 2, 2004 CORINTHIAN COLLEGES (COCO) J.P. Morgan and Harris Nesbitt downgraded the stock after the company said its revenue and earnings for the fiscal fourth quarter and the year would fall below its previous forecasts. Other education stocks fell on the news. Price: $10.24 Net Change: -$8.48 % Change: 45.30% Loss Volume: 23.2M Shares CAREER EDUCATION CORP (CECO) Price: $29.12 Net Change: -$4.69 % Change: 13.87% Loss Volume: 5.9M Shares STRAYER EDUCATION (STRA) Price: $86.06 Net Change: -$11.36 % Change: 11.66% Loss Volume: 421,977 Shares APOLLO GROUP (APOL) Price: $73.19 Net Change: -$10.36 % Change: 12.40% Loss Volume: 4.8M Shares UNIVERSITY OF PHOENIX ONLINE (UOPX) Price: $75.35 Net Change: -$10.82 % Change: 12.56% Loss Volume: 441,174 Shares EDUCATION MANAGEMENT (EDMC) Price: $23.10 Net Change: -$4.66 % Change: 16.79% Loss Volume: 980,957 Shares ITT EDUCATION SERVICES (ESI) Price: $29.61 Net Change: -$2.24 % Change: 7.03% Loss Volume: 1.7M Shares Dow Jones Newswires Link to comment Share on other sites More sharing options...
machinehead Posted August 2, 2004 Report Share Posted August 2, 2004 So the conclusion is ... "edumacation don't pay." Link to comment Share on other sites More sharing options...
brian4 Posted August 2, 2004 Report Share Posted August 2, 2004 If any of you get Schaeffers Monday Morning Outlook you will know what I am about to say. Bernie is beyond Bearish-"Sentiment is so extremely Bullish-I can only relate it to the days prior to the 1987 Crash." He uses the word "implosion" a lot. By the way he is very Bearish on TYC! Link to comment Share on other sites More sharing options...
An Ant Posted August 2, 2004 Report Share Posted August 2, 2004 Jokes about to get green Link to comment Share on other sites More sharing options...
brian4 Posted August 2, 2004 Report Share Posted August 2, 2004 Window now closed it was a wild ride but the trend is down-you when the next one opens-when Shrub starts yapping and that is a 60 minute window. I can hardly wait! Link to comment Share on other sites More sharing options...
Brown Suguaro Posted August 2, 2004 Report Share Posted August 2, 2004 Yobob, Thanks for the post. I felt like I took the trip right along with you, but it wasn't me who put your pole where it could fall out of the boat, honest! Took a 200 mile drive myself this weekend. Needed to get away. Was too hot to do any hiking. How were your temperatures? B.S. Edit: PS, Hope the boat wasn't too badly damaged when it fell off. Link to comment Share on other sites More sharing options...
zensmoke Posted August 2, 2004 Report Share Posted August 2, 2004 US June Construction Spending Falls Mon Aug 2, 2004 10:12 AM ET WASHINGTON (Reuters) - Outlays for U.S. construction fell unexpectedly in June as spending on housing dropped for the first time in 16 months, a government report showed on Monday. The Commerce Department said June outlays for construction decreased 0.3 percent to a seasonally adjusted $985.16 billion annual rate. Wall Street anal cysts had expected June spending to be unchanged. May construction spending was also revised lower to a 0.1 percent gain, from a previously reported 0.3 percent advance. http://www.reuters.com/newsArticle.jhtml?t...storyID=5846591 Link to comment Share on other sites More sharing options...
Guest Posted August 2, 2004 Report Share Posted August 2, 2004 anyone know how i can get over to talking stool? scully posted some updated qqq charts! tia dharma Link to comment Share on other sites More sharing options...
An Ant Posted August 2, 2004 Report Share Posted August 2, 2004 SOX Green Link to comment Share on other sites More sharing options...
Drano Posted August 2, 2004 Report Share Posted August 2, 2004 Crappy construction news doesn't seem to have harmed the homebuilders -- quite the contrary. I guess it means that since construction was down, there's room for more in the future. Fortunately did not have a very big position in today's star, BZH. Link to comment Share on other sites More sharing options...
brian4 Posted August 2, 2004 Report Share Posted August 2, 2004 From the Daily Reckoning..."Year over Year M2 growth an excellent leading indicator of real GDP growth just hit an 8 year LOW. Suggesting the Economy will continue to slow in the 3rd and 4th quaters." Recession-Huh! Link to comment Share on other sites More sharing options...
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