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B4 The Bell Thursday July 14


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DJIA 10,200 stick saved,...again.

 

It's as if, "we need a 200 point cushion, just in case."

 

Keep on knocking and eventually, they'll let you in. DOW 9999.

 

Mama, take this badge off of me

I can?t use it anymore.

It?s gettin? dark, too dark for me to see

I feel like I?m knockin? on heaven?s door.

 

Knock, knock, knockin? on heaven?s door

Knock, knock, knockin? on heaven?s door

Knock, knock, knockin? on heaven?s door

Knock, knock, knockin? on heaven?s door

 

Mama, put my guns in the ground

I can?t shoot them anymore.

That long black cloud is comin? down

I feel like I?m knockin? on heaven?s door.

 

Knock, knock, knockin? on heaven?s door

Knock, knock, knockin? on heaven?s door

Knock, knock, knockin? on heaven?s door

Knock, knock, knockin? on heaven?s door

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Retail sales down 1.1%

Further rate hikes?

Forget it times 1000

Plunger is back in time for this - Fed open market operations web site not working. what are they up to now?

 

Bears be careful until the smoke clears here, but hold onto PMs for another bounce up.

All that's left is "unconventional measures" -- Ben Bernanke's Nov. 2003 speech.

 

When it comes to the economy, they've been "selling the sizzle" for so long that there's no steak left. :o

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Retail sales down 1.1%

Further rate hikes?

Forget it times 1000

Plunger is back in time for this - Fed open market operations web site not working. what are they up to now?

 

Bears be careful until the smoke clears here, but hold onto PMs for another bounce up.

All that's left is "unconventional measures" -- Ben Bernanke's Nov. 2003 speech.

 

When it comes to the economy, they've been "selling the sizzle" for so long that there's no steak left. :o

And no Fed wires left either. :o

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Anyone have the FEED balance today? Can't get the Fed website to load for me.

Now we get it -$5B replacing $4B. In line with recent trends but not enough to keep up the bond and stock markets supported at the same time.

 

I suggest selling the rallies if we can get one that will bring the S&P near unchanged.

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mh - I remember going to a doctor in the early '70's when most people did not have health insurance. the bill was 27 dollars and 54$ if you had health insurance. that is where it all started

I went to the dermatologist the other day for a minor procedure that cost $400.

 

They acted shocked that I do not have "indemnity insurance" (I do have catastrophic coverage, but the deductible is way above $400).

 

They made me sign a paper, acknowledging that I was responsible for the charge, and it was due at the time service was rendered.

 

I put it on a credit card. Just down the road at the shopping mall, people run up thousands of dollars on credit card shopping sprees.

 

But a person who pays $400 out of pocket for a medical bill is regarded as a "social outlier." Weird system. Prolly won't survive ...

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