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Nasdaq crashes .03%!


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the only thing that was almost 100% right was bradley for 2009. so no correction till the end of 2009.

 

[snip]

 

I posted this the other night and it's up to date here...the red and green verticals mark the Bradley turn dates...if you broaden your criteria, you can make the case for several minor turns...BUTT missing those two black circles has a large impact on the overall return...

 

How any of that relates to next correction...dunno

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Mr. Widget tells us to watch for a few things.

 

1.) Falling 5 day yellow oscillator back to the zero momentum zone

2.) Red/Blue osillators stuck in the zero momentum zone

3.) Price "Inside the Box."

4.) TurkeNeck Trade following to fill the gap and retest the Dubai low

 

In the event this process comes to pass and further extends itself below the Dubai low then this trade will hereafter be called an all encompassing "Merry Grinchmas Trade." Copyright Doctor Stool with the help from a little bit of charmin.

 

If oscillators and price do just the opposite, then it's a "Hail Mary Trade."

post-326-1260589223_thumb.png

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Recall that we were told to buy by no less than the Stockbroker in Chief.

 

What more do you want? Congress does not have time to mandate what stocks to buy. They have to work on the transfer of all the rest of the people's assets to the rich.

 

And in any regard, the Administration told Congress they were no longer needed and that the various federal regulatory agencies would make all decisions and they will be final and non-appealable. And it seems like the Fed and the other subsidiaries of Goldman Sachs are doing a fine job.

 

Jeez, how much clearer does it have to be? Take another Prozac and comply.

 

haha....maybe there's room for this guy in the cabinet.....

 

 

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for Shorty!

 

The number of federal workers earning six-figure salaries has exploded during the recession, according to a USA TODAY analysis of federal salary data.

 

Federal employees making salaries of $100,000 or more jumped from 14% to 19% of civil servants during the recession's first 18 months — and that's before overtime pay and bonuses are counted.

 

Federal workers are enjoying an extraordinary boom time — in pay and hiring — during a recession that has cost 7.3 million jobs in the private sector.

 

The highest-paid federal employees are doing best of all on salary increases. Defense Department civilian employees earning $150,000 or more increased from 1,868 in December 2007 to 10,100 in June 2009, the most recent figure available.

 

When the recession started, the Transportation Department had only one person earning a salary of $170,000 or more. Eighteen months later, 1,690 employees had salaries above $170,000.

 

As usual, "They" are getting theirs.

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Prepare yourself to new riots in Greece.

 

Remeber 2008? CHECK!

http://en.wikipedia.org/wiki/2008_Greek_riots

 

http://upload.wikimedia.org/wikipedia/comm...RiotMontage.jpg

GreekRiotMontage.jpg

 

 

WHY? polish news:

Meanwhile, union members have already shown claws. GSEE, the most influential unions in the country, warning that it does not agree to a "painful reforms". There is no option to pay the workers for the crisis. We do not want any changes in wages or taxes - GSEE spokesman said Stathis Anestis. The Government has also count on support of the main left-wing party Syriza - belonging to the party newspaper "Avgi" commented on Friday that the talks scheduled to premiere next week will be "pseudodialog for whom, and go so painful and anti-social measures". "The government wants to mislead the workers because their wages and the law intends to pay" - is echoed daily Rizospastis "presenting a line of the Communist Party

 

 

http://translate.googleusercontent.com/tra...1jdj45kfDqVyfpQ

 

We the sheeple DEMAND. changes? go f**k yourself

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BERKSHIRES LOOK THROUGH DEBT MOUNTAIN

 

 

Warrens has always been extolling the virtues of look thru earnings and how they should be used to value Berkshire shares.

 

Well you can apply the same principle to the balance sheet as well, not just to the income statement.

 

I would like to extoll a new concept ie "Look through Debt".

 

And apply it to Berkshire.

 

After all - to see the downside for Berkshire shouldnt we look at this off balance sheet debt which could impact Berkshires equity holdings?????

 

So it Berkshire has say a $5 billion in capital in say Goldmember, then the debt that that equity backs could be said to be Berkshires portion of goldmembers debt

 

eg say $70 billion in debt.

 

This could be applied to all Berkshires investments to see what Berkshires true debt position is - not just the relatively small debt on its balance sheet debt.

 

If you apply this principle then Berkshire probably has over $200 billion in debt.

 

Which puts it in the leverage league of Blackstone and KKR. :ninja: :ninja: :ninja:

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