DrStool Posted May 21, 2007 Report Share Posted May 21, 2007 The bears got the ball in the closing minutes but couldn't score the victory. Link to comment Share on other sites More sharing options...
Bungster Posted May 21, 2007 Report Share Posted May 21, 2007 The bears got the ball in the closing minutes but couldn't score the victory. 582895[/snapback] And I was ready too. I was resting in my hammock.. when these two humans came by and slipped me a micky..... Link to comment Share on other sites More sharing options...
Peek Paper Posted May 21, 2007 Report Share Posted May 21, 2007 The bears got the ball in the closing minutes but couldn't score the victory. 582895[/snapback] Patience, Grasshoppa ... Link to comment Share on other sites More sharing options...
shorty Posted May 21, 2007 Report Share Posted May 21, 2007 I expect the Dow to close red every day this week. REUTERS 4:15 PM EST: SHORTY CALLS THE EXACT BULL MARKET TOP ON CAPITALSTOOL.COM -- THE ONLY VOICE OF REASON IN A WACKY WORLD GONE MAD, MAD, MAD! Link to comment Share on other sites More sharing options...
crazy_ate Posted May 21, 2007 Report Share Posted May 21, 2007 Those Chinese may be a pretty smart bunch..... Step 1: Sell the US a bunch a crap on the cheap creating a buying binge and start stock piling USD receipts Step 2: Use USD received from cheap crap to invest in US Treasuries thus forcing down interest rates and creating a bubble in real estate Step 3: US idiots use "new found wealth" in real estate to buy more Chinese crap thus increasing USD reserves held by Chinese Step 4: After amassing substaintial USD position start purchasing US companies (opps, Conoco deal fails, what to do, what to do???)...Ah, buy US companies indirectly by taking them private via investments through PE company (Blackstone should do)..... Step 5: US Empire declines into oblivion while China assumes the mantle of most powerful nation....probably by, say, 2015 or maybe 2020 NICE...... Link to comment Share on other sites More sharing options...
mdporter Posted May 21, 2007 Report Share Posted May 21, 2007 I bought AAV back around march 21 for the dividend. Since then it has launched. Wish all my trades were like this! Link to comment Share on other sites More sharing options...
mdporter Posted May 21, 2007 Report Share Posted May 21, 2007 Bottom could be forming at $3.80 Link to comment Share on other sites More sharing options...
Jetlag Posted May 21, 2007 Report Share Posted May 21, 2007 Those Chinese may be a pretty smart bunch..... Step 1: Sell the US a bunch a crap on the cheap creating a buying binge and start stock piling USD receipts Step 2: Use USD received from cheap crap to invest in US Treasuries thus forcing down interest rates and creating a bubble in real estate Step 3: US idiots use "new found wealth" in real estate to buy more Chinese crap thus increasing USD reserves held by Chinese Step 4: After amassing substaintial USD position start purchasing US companies (opps, Conoco deal fails, what to do, what to do???)...Ah, buy US companies indirectly by taking them private via investments through PE company (Blackstone should do)..... Step 5: US Empire declines into oblivion while China assumes the mantle of most powerful nation....probably by, say, 2015 or maybe 2020 NICE...... 582899[/snapback] Step 4 is apparently starting now, lets see how long it takes for the US to raise protectionist barriers and for Heli Ben to go airborne reducing the chinese to mere bagholders of worthless Ameripeso doolahs. Link to comment Share on other sites More sharing options...
LeeWhee Posted May 21, 2007 Report Share Posted May 21, 2007 Those Chinese may be a pretty smart bunch..... Step 1: Sell the US a bunch a crap on the cheap creating a buying binge and start stock piling USD receipts Step 2: Use USD received from cheap crap to invest in US Treasuries thus forcing down interest rates and creating a bubble in real estate Step 3: US idiots use "new found wealth" in real estate to buy more Chinese crap thus increasing USD reserves held by Chinese Step 4: After amassing substaintial USD position start purchasing US companies (opps, Conoco deal fails, what to do, what to do???)...Ah, buy US companies indirectly by taking them private via investments through PE company (Blackstone should do)..... Step 5: US Empire declines into oblivion while China assumes the mantle of most powerful nation....probably by, say, 2015 or maybe 2020 NICE...... 582899[/snapback] Plan seems to be working pretty good right now. But there might be a bit of Chinese rectal clenching later this year. Link to comment Share on other sites More sharing options...
Benny Hoo Hoo Posted May 21, 2007 Report Share Posted May 21, 2007 Those Chinese may be a pretty smart bunch..... Step 1: Sell the US a bunch a crap on the cheap creating a buying binge and start stock piling USD receipts Step 2: Use USD received from cheap crap to invest in US Treasuries thus forcing down interest rates and creating a bubble in real estate Step 3: US idiots use "new found wealth" in real estate to buy more Chinese crap thus increasing USD reserves held by Chinese Step 4: After amassing substaintial USD position start purchasing US companies (opps, Conoco deal fails, what to do, what to do???)...Ah, buy US companies indirectly by taking them private via investments through PE company (Blackstone should do)..... Step 5: US Empire declines into oblivion while China assumes the mantle of most powerful nation....probably by, say, 2015 or maybe 2020 NICE...... 582899[/snapback] Step 4 is apparently starting now, lets see how long it takes for the US to raise protectionist barriers and for Heli Ben to go airborne reducing the chinese to mere bagholders of worthless Ameripeso doolahs. 582902[/snapback] The infamous Clint Eastwood phrase, Go ahead and make my day comes to mind. Ben can't. Actually he can, but he won't because we would fare much worse. Without them recycling dollars back to us in the form of debt, the entire system collapses. And, post-collapse, we don't stand a chance in hell - we don't know how to work anymore. Link to comment Share on other sites More sharing options...
potatohead Posted May 21, 2007 Report Share Posted May 21, 2007 DJ Fed Moskow: Sees Growth Improving, Inflation Coming Down - TV WASHINGTON (Dow Jones)--Though the U.S. economic slowdown has been more pronounced than expected, growth should pick up as the year progresses, Federal Reserve Bank of Chicago President Michael Moskow said Monday. "I see growth improving and I see ... our expectation is that inflation rates will continue to come down" this year, Moskow said according to a transcript of an interview with the PBS Nightly Business Report to be aired Monday. The unemployment rate, meanwhile, "will not go up a great deal" from its current level of just 4.5%, which Moskow noted is "very low by historical standards." Moskow's view that the economy is "moving in the right direction" is consistent with the expectation that the Fed will hold interest rates steady at least through the autumn. Investor hopes for lower rates have been scaled back in the wake of positive reports from manufacturers and weekly jobless claims. amazing DOW down 14 pts and this brings an unscheduled pr stunt from a fed speaker Link to comment Share on other sites More sharing options...
LeeWhee Posted May 21, 2007 Report Share Posted May 21, 2007 Bottom could be forming at $3.80 582901[/snapback] I sold off half my GSS position recently at 4.75 since I figured it would have trouble at the 4.80-5.00 level, a resistance zone dating back a very long time. Support looks to me like anywhere from 3.30-3.85. The low last week was 3.79. So it's definitely in the vicinity of support. The move to the recent high of 4.95 not only took GSS back to resistance but also filled (or nearly so) the late 2004 downside gap b/w 4.95-5.05. So a siesta was certainly warranted from a technical standpoint and GSS has sold off 24%. Once GSS gets past the key 4.95-5.05 level, it could work on getting back to the late 2003 high around 8.60. I haven't bought back any yet. If GSS loiters around the mid-$3s, I'll probably pick some more up. Link to comment Share on other sites More sharing options...
Bungster Posted May 21, 2007 Report Share Posted May 21, 2007 I bought AAV back around march 21 for the dividend. Since then it has launched. Wish all my trades were like this! 582900[/snapback] Nice trade MD... let me show one of my trades... It seemed like a great trade at the time... Bought and sold and made good coin... Stopped following the stock and... this happened! Ooofaa Link to comment Share on other sites More sharing options...
Jetlag Posted May 21, 2007 Report Share Posted May 21, 2007 Those Chinese may be a pretty smart bunch..... Step 1: Sell the US a bunch a crap on the cheap creating a buying binge and start stock piling USD receipts Step 2: Use USD received from cheap crap to invest in US Treasuries thus forcing down interest rates and creating a bubble in real estate Step 3: US idiots use "new found wealth" in real estate to buy more Chinese crap thus increasing USD reserves held by Chinese Step 4: After amassing substaintial USD position start purchasing US companies (opps, Conoco deal fails, what to do, what to do???)...Ah, buy US companies indirectly by taking them private via investments through PE company (Blackstone should do)..... Step 5: US Empire declines into oblivion while China assumes the mantle of most powerful nation....probably by, say, 2015 or maybe 2020 NICE...... 582899[/snapback] Step 4 is apparently starting now, lets see how long it takes for the US to raise protectionist barriers and for Heli Ben to go airborne reducing the chinese to mere bagholders of worthless Ameripeso doolahs. 582902[/snapback] The infamous Clint Eastwood phrase, Go ahead and make my day comes to mind. Ben can't. Actually he can, but he won't because we would fare much worse. Without them recycling dollars back to us in the form of debt, the entire system collapses. And, post-collapse, we don't stand a chance in hell - we don't know how to work anymore. 582904[/snapback] It has been a scratch my back and I'll scratch yours relationship so far, if the chinese start showing their teeth then the US has to respond. The Conoco deal is a case in point. To some extent it might be like a nuclear endgame if US/China relations go sour, nobody wins they both lose. I'm just not sold on the idea that the Chinese are purely evil and have taken advantage of the US, so far the US seems to hold the higher cards. I mean all the chinese have is Federal Reserve IOUs and trashuries payable in FRN, while the US has assets in China and american companies have made huge profits by buying products from the (low margin?) chinese producers and selling them to the newly leveraged consumer on the "cheap". All this while luxury companies make big bucks selling big ticket items to the chinese new rich that have made their money exploring the untaxed negative externalities in China. Link to comment Share on other sites More sharing options...
shorty Posted May 21, 2007 Report Share Posted May 21, 2007 Those Chinese may be a pretty smart bunch..... Step 1:? Sell the US a bunch a crap on the cheap creating a buying binge and start stock piling USD receipts Step 2:? Use USD received from cheap crap to invest in US Treasuries thus forcing down interest rates and creating a bubble in real estate Step 3:? US idiots use "new found wealth" in real estate to buy more Chinese crap thus increasing USD reserves held by Chinese Step 4:? After amassing substaintial USD position start purchasing US companies (opps, Conoco deal fails, what to do, what to do???)...Ah, buy US companies indirectly by taking them private via investments through PE company (Blackstone should do)..... Step 5:? US Empire declines into oblivion while China assumes the mantle of most powerful nation....probably by, say, 2015 or maybe 2020 NICE...... 582899[/snapback] Step 4 is apparently starting now, lets see how long it takes for the US to raise protectionist barriers and for Heli Ben to go airborne reducing the chinese to mere bagholders of worthless Ameripeso doolahs. 582902[/snapback] The infamous Clint Eastwood phrase, Go ahead and make my day comes to mind. Ben can't. Actually he can, but he won't because we would fare much worse. Without them recycling dollars back to us in the form of debt, the entire system collapses. And, post-collapse, we don't stand a chance in hell - we don't know how to work anymore. 582904[/snapback] It has been a scratch my back and I'll scratch yours relationship so far, if the chinese start showing their teeth then the US has to respond. The Conoco deal is a case in point. To some extent it might be like a nuclear endgame if US/China relations go sour, nobody wins they both loose. I'm just not sold on the idea that the Chinese are purely evil and have taken advantage of the US, so far the US seems to hold the higher cards. I mean all the chinese have is Federal Reserve IOUs and trashuries payable in FRN, while the US has assets in China and american companies have made huge profits by buying products from the (low margin?) chinese producers and selling them to the newly leveraged consumer on the "cheap". All this while luxury companies make big bucks selling big ticket items to the chinese new rich that have made their money exploring the untaxed negative externalities in China. 582908[/snapback] soon China will own all those american companies if they actually don't already Link to comment Share on other sites More sharing options...
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