Guest Posted February 1, 2004 Report Share Posted February 1, 2004 Early rumor that the brinkman is getting soft on the market and hard on gold. The brinkman has always made fun of gold -- only good if they drop the big one. How times have changed. Link to comment Share on other sites More sharing options...
brian4 Posted February 1, 2004 Report Share Posted February 1, 2004 Sled-Is that you driving??? This article I am about to quote is from yesterdays Financial Post an article written by Barbara Shecter-read the quotes very carefully because it says a lot about what is going to/about to happen to the markets-here we go-Byline-$24B dividend in 2004 "Canada's largest banks have an enviable problem-too much money, and that could trigger a huge windfall in dividend payouts for investors this year. The big six could pay out special dividends totalling as much as $24 Billion dollars at the end of 2004 BECAUSE of the RISK inherent in REINVESTING the MONEY, a senior banking anal cyst is predicting. Low interest rates, a switch to less capital-intensive businesses, and higher returns, are causing financial institutions such as Royal Bank and the Bank of Montreal to build up capital faster then they reinvest it without the RISK of diluting earnings wrote kevin Choquette, an anal cyst at Scotia Capital " simply in our view, the banks cannot redeploy enough of their capital in a prudent manner-wrote the anal cyst." Kinda tells you what they think about current market conditions doesn't it. The article goes on to say that the big six special dividends should range from $6 to $8 @ share. Think I'll look at the calls! Link to comment Share on other sites More sharing options...
Sphinxter Posted February 1, 2004 Report Share Posted February 1, 2004 Iranian Plastic Surgeons advertising at Capitalstool..... Link to comment Share on other sites More sharing options...
Sphinxter Posted February 1, 2004 Report Share Posted February 1, 2004 Fokker isn't a litigious person, but his practice could use the biz, even if just assembling the names, taking the depositions, etc. Seriously- this shit is big, and it's precisely the shit that we've been ranting about for years. Let's put their money where our mouth is. Sign me up! Although I won't be an AT customer by then, but that shouldn't matter. I have gotten beasically the same set of non-answers fro AT. Here's my latest canned spam back from them. Thank you for your reply. The issue on 1/28/04 was the result of a data feed problem from a third-party vendor, and we are working to ensure this does not happen in the future. We apologize for the inconvenience you may have experienced. Please remember, our commitment to our clients remains our primary concern. As you know, Ameritrade constantly seeks to provide you with outstanding services at a remarkable value that allow you to participate in the securities market. Regrettably, neither Ameritrade nor any other businesses that utilize electronic mediums can guarantee access at all times. Pretty weak if you ask me. Link to comment Share on other sites More sharing options...
Sphinxter Posted February 1, 2004 Report Share Posted February 1, 2004 I find this whole concept of cancelling flights to be insipid and ridiculous. These government agencies are sincere in their desire to stop another attack but lack imagination. So let me get this right - these terrorists are going to try the same exact thing but this time they are going to run the planes across an ocean first? Rrrrriiiiiiigggght. Gotcha. Know why you remove your shoes? Because someone crammed their shoes full of a sophisticated modifed C4 and almost took out a plane (fortunately he brought paper matches, not a lighter, and didn't remove himself to an empty row or lavatory during his attempt). Soon, after a terrorist unsuccessfully tries the same stunt with, say, a belt, you will be asked to remove those too, but not a minute eariler. That's how creative our bureaucratic system is. Why wouldn't terrorists do something even more creative like modify soda cans to weigh the same as normal but be stuffed with C4 rigged to blow when the top is pulled? Then take out a delivery supply truck and get as many of these cans on as many departing flights as you could? Or any of innumerable other concepts? Your gubmint at work. I feel safer. Link to comment Share on other sites More sharing options...
yellowfish Posted February 1, 2004 Report Share Posted February 1, 2004 Canada's largest banks have an enviable problem-too much money, and that could trigger a huge windfall in dividend payouts for investors this year. The big six could pay out special dividends totalling as much as $24 Billion dollars at the end of 2004 BECAUSE of the RISK inherent in REINVESTING the MONEY, a senior banking anal cyst is predicting. Can you say helicopter drop? :shocked Link to comment Share on other sites More sharing options...
Guest Posted February 1, 2004 Report Share Posted February 1, 2004 Yep, thats me Link to comment Share on other sites More sharing options...
Sphinxter Posted February 1, 2004 Report Share Posted February 1, 2004 Yep, thats me That's cool. Do you really run with just 4 dogs? I thought you needed 8-10 or something. All I know about the sport I learned watching 5 minute segments on the Iditarod. Link to comment Share on other sites More sharing options...
brian4 Posted February 1, 2004 Report Share Posted February 1, 2004 Yellowfish-No I don't think helicopter drop on this one. I believe the writer is correct. They simply feel anything out there to invest in is TOO RISKY and as said in the article any downturn in $ they invest would smack their earnings. Seems to me they expect a severe downturn if not a crash. The Bank of Canada requires all Canadian Banks to have much higher reserves than the U.S. does and the big six also have substantial gold holdings having said that the article clearly points out that they see things as way to RISKY! Sled who'd a thought you are a real Musher! Link to comment Share on other sites More sharing options...
Guest Posted February 1, 2004 Report Share Posted February 1, 2004 Sphinxter Posted on Feb 1 2004, 04:41 PM That's cool. Do you really run with just 4 dogs? I thought you needed 8-10 or something. For training I like a smaller team as they tire out quicker and are more managable. I am currently running 7-8 dogs which is about my limit. My buddy up in Mn is up to running 16 dogs. Link to comment Share on other sites More sharing options...
brian4 Posted February 1, 2004 Report Share Posted February 1, 2004 Sled do you feed your dogs dry dog food or raw meat?? Link to comment Share on other sites More sharing options...
Guest Posted February 1, 2004 Report Share Posted February 1, 2004 Brian, Both, I do a lot of fishing and they like frozen fish for treats. the whole fish Link to comment Share on other sites More sharing options...
MyGoldenStool Posted February 1, 2004 Report Share Posted February 1, 2004 Soon, after a terrorist unsuccessfully tries the same stunt with, say, a belt, you will be asked to remove those too, but not a minute eariler. That's how creative our bureaucratic system is. The $hit will really hit the fan when they start checking panties and underwear. Link to comment Share on other sites More sharing options...
Hypertiger Posted February 1, 2004 Report Share Posted February 1, 2004 Sled-Is that you driving??? This article I am about to quote is from yesterdays Financial Post an article written by Barbara Shecter-read the quotes very carefully because it says a lot about what is going to/about to happen to the markets-here we go-Byline-$24B dividend in 2004 "Canada's largest banks have an enviable problem-too much money, and that could trigger a huge windfall in dividend payouts for investors this year. The big six could pay out special dividends totalling as much as $24 Billion dollars at the end of 2004 BECAUSE of the RISK inherent in REINVESTING the MONEY, a senior banking anal cyst is predicting. Low interest rates, a switch to less capital-intensive businesses, and higher returns, are causing financial institutions such as Royal Bank and the Bank of Montreal to build up capital faster then they reinvest it without the RISK of diluting earnings wrote kevin Choquette, an anal cyst at Scotia Capital " simply in our view, the banks cannot redeploy enough of their capital in a prudent manner-wrote the anal cyst." Kinda tells you what they think about current market conditions doesn't it. The article goes on to say that the big six special dividends should range from $6 to $8 @ share. Think I'll look at the calls! Have you seen the non stop commercials for the Canadian Deposit Insurance corporation that have been playing for 2 years but now are on a major blitz? They stress that mutual funds, bonds, and stocks are not protected by it? They give a number for more info...why blast the public with CIDC commercials... I call it fair warning...The excuse that the floating exchange rate debt backed by debt fractional reserve system has reached it's theoretical maximum potential to sustain debt inflation won't cut it... They will just laugh as they shake the ignorant victims upside down over wheelbarrels... The primary function of the police and military is defense of the system... Starve the people and you risk revolt starve the police and military and you risk a coup... I wonder what the scapegoat will be this time when the system which 99.999999% of the population believes is indestructible self destructs? It will be a laugh riot when it is finally revealed...This just in...The collapse of civilization as it is currently understood was caused by profit taking until zero was reached...what a hoot... After this they will change the name of the planet from Earth to Moron or Idiot... 6 Billion morons lead by a small cartel of Idiots...Should make the Book of records as the largest mass of humanity ever controled by a cartel of idiots in history that trumps all previous record breaking attempts... Link to comment Share on other sites More sharing options...
wndysrf Posted February 1, 2004 Report Share Posted February 1, 2004 Early rumor that the brinkman is getting soft on the market and hard on gold. The brinkman has always made fun of gold -- only good if they drop the big one. How times have changed. BobBrinker was especially obnoxious, ebullient, condescending, and self righteous this weekend. Of course, its his anniversary show, as it is every Super Bowl Sunday. He's been crowing all weekend about his spectacular market call, Wilshire 5000 up 42% since the March lows, etc. He's constantly beating the drum about Index Investing only, daytrading is a loser's game, asset allocation, diversification, all the other Old School crap. So many BlueHairs calling in, asking boring questions about TIPS, 403( plans, college savings, T-Bones, Ginnie Mae funds, etc. Some guy called in, worried about the dollar, wanted to protect himself, and suggested gold. Brinkman scoffed, said "gold is has been a disasterous investment, losing 50% in the last 25 years", etc. Said that the Matrix Officials were guiding the dollar down, bullish for exporters, no need to worry, positive for the stock market, etc. "No need to protect yourself from a dollar decline, since you're liabilities are dollar denominated anyway." He thinks the market will top out in June, since a large number of tax refund checks will be hitting the market, since Bush's tax cuts will result in lots of refund money. He did express some concern about the deficit, out of control government spending, the prescription drug givaway, etc. We should get Doc, Machinehead, Yobob1, Doug Noland, Reichbacher, Stephen Roach, etc. to carpet bomb his caller line one Saturday, and pin him against the wall and ask him about the CRB Index, Parabolic Credit Bubble, Repo Expansion on broker balance sheets, Maxxed Out sentiment readings, etc. But such an attack is likely to result in a $50 billion Repo Blast on Monday Morning, a 50 point gap up on the Nasdaq. Do we have any voice over specialists here? Anybody who can mimic Brinkerman's caustic, gravel voice? We should tape a spoof of his program, and send it to Saturday Night Live.... Link to comment Share on other sites More sharing options...
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