DrStool Posted July 1, 2008 Report Share Posted July 1, 2008 Up 2 feels like up 200. Of course, it was up 200 from the intraday low, so I guess everything is relative. Link to comment Share on other sites More sharing options...
cwd Posted July 1, 2008 Report Share Posted July 1, 2008 It looks like the Jick had this one correctly. Link to comment Share on other sites More sharing options...
cwd Posted July 1, 2008 Report Share Posted July 1, 2008 CNBS, GM made it on ZERO % financing. I guess they are going to make up for no profit with increased volume. Link to comment Share on other sites More sharing options...
Jetlag Posted July 1, 2008 Report Share Posted July 1, 2008 CNBS, GM made it on ZERO % financing. I guess they are going to make up for no profit with increased volume. 670641[/snapback] Gloomberg: GM sales weren't THAT bad! It's all good, really. Now buy some GM 20% paper and go sit in the corner. Link to comment Share on other sites More sharing options...
Jetlag Posted July 1, 2008 Report Share Posted July 1, 2008 It's all good! "Approximately 600 Underperforming Stores will be Closed Company takes Significant Step toward Improving Long-Term Profitable Growth" http://biz.yahoo.com/bw/080701/20080701006270.html?.v=1 Questions? Link to comment Share on other sites More sharing options...
Bungster Posted July 1, 2008 Report Share Posted July 1, 2008 Waiting for the SPX right shoulder to build...... Link to comment Share on other sites More sharing options...
Jimi Posted July 1, 2008 Report Share Posted July 1, 2008 Clash 670624[/snapback] There were, like, no chicks in the audience? Link to comment Share on other sites More sharing options...
cwd Posted July 1, 2008 Report Share Posted July 1, 2008 It's all good! "Approximately 600 Underperforming Stores will be Closed Company takes Significant Step toward Improving Long-Term Profitable Growth" http://biz.yahoo.com/bw/080701/20080701006270.html?.v=1 Questions? 670643[/snapback] Jet, I think you made the comment on IDS about the Swiss Frank and its relationship to the Swiss banking business now under investigation by the IRS for allowing High Income US citizens to avoid US taxes using possibly illegal tactics. Thanks, that made sense to me, and I sold my Swiss government bonds for a nice profit. Link to comment Share on other sites More sharing options...
Janitor Posted July 1, 2008 Report Share Posted July 1, 2008 Best cure for high oil price is even higher oil price? Mercedes to lessen the pain? New Diesotto engine reduce consumption The new engine lacks production-ready refinement; it now feels a bit like an out-of-tune supercharged 1.8-liter four. Still, it delivers power in a smooth, linear manner sufficient to ensure that the F700 won't be left behind at a traffic light. Its 238 hp compares favorably with Mercedes' existing 3.5-liter V6 gasoline engine, with a 20-hp electric motor to provide additional power under acceleration. Torque is 295 lb-ft. With drive running through a seven-speed automatic to the rear wheels, Mercedes says the 3750-pound F700 goes from 0 to 62 mph in 7.5 seconds and hits a top speed of 120 mph. More impressive is that it boasts double the fuel economy of a 3.5-liter-V6-equipped S-Class, with half the emissions. In other news From unverified sources In less than 7 years, Mercedes-Benz plans to ditch petroleum-powered vehicles from its lineup. Focusing on electric, fuel cell, and biofuels, the company is revving up research in alternative fuel sources and efficiency. The German car company has a few new powertrains in the line-up that European journalists have had the opportunity to test out in their facility in Spain. One vehicle includes the F700, powered by a DiesOtto engine that combines HCCI and spark ignition to get nearly the same efficiency as diesel, but minus the expensive after-treatment systems. The engine can run on biofuels, and we may have a purchasable vehicle by 2010 ? a year that seems to be popular for the debut of a lot of new alternative fuel car models, making ?08 and ?09 simply thumb-twiddling years for consumers. I don?t know, maybe car makers just like the roundness of ?2010.? The company?s next big step will be to launch a Smart electric car which is fuel and emission-free. Link to comment Share on other sites More sharing options...
Janitor Posted July 1, 2008 Report Share Posted July 1, 2008 This F700 is one ugle ass car though http://www.youtube.com/watch?v=6ihTwwahhLc Link to comment Share on other sites More sharing options...
cwd Posted July 1, 2008 Report Share Posted July 1, 2008 This ought to make some rich dudes real nervous. Justice Department broadens tax investigation of UBS clients in US The Associated PressPublished: July 1, 2008 WASHINGTON: The Justice Department said it is seeking information from Swiss bank UBS AG about U.S. taxpayers who may have used offshore accounts to avoid paying federal income taxes. The broadening investigation centers on UBS clients in the United States who may have hidden up to $20 billion in assets from the Internal Revenue Service. The Justice Department asked a federal court in Miami on Monday to authorize the IRS to serve UBS with a "John Doe" summons. The IRS uses a "John Doe" summons to obtain information about potential tax fraud by unknown individuals. If approved, the summons will direct the bank to identify U.S. taxpapers with accounts at UBS who did not fill out required tax forms. http://www.iht.com/articles/ap/2008/07/01/...S-Tax-Probe.php Link to comment Share on other sites More sharing options...
Jetlag Posted July 1, 2008 Report Share Posted July 1, 2008 Jet, I think you made the comment on IDS about the Swiss Frank and its relationship to the Swiss banking business now under investigation by the IRS for allowing High Income US citizens to avoid US taxes using possibly illegal tactics.Thanks, that made sense to me, and I sold my Swiss government bonds for a nice profit. 670647[/snapback] Well I think there's nothing wrong for taking credit for something that I did totally inadvertently don't mention it. Oh, and sorry for the times my posts might have made you lose money I guess we're even.. Link to comment Share on other sites More sharing options...
cwd Posted July 1, 2008 Report Share Posted July 1, 2008 I will bet there are a lot of guys and gals here who passed this test. One thing to remember folks - the test of your prowess as an investor does not come in a bull market. Its easy to make money in a bull market - you just buy the index. No, the test is whether you keep your money in a Bear market. Note that I didn't say "make money". I said keep your money. If you have the same amount of money now in your investment accounts as you did at SPX 1576 in October, you are doing better than 90% of all institutional money managers and 95% of all individual investors. This puts you in the top 5% - and that's just by going to cash in October and sitting on your hands. If you've actually made money since then, you're in the top 1%. Really. Yes, you are that good. http://market-ticker.denninger.net/ Link to comment Share on other sites More sharing options...
cwd Posted July 1, 2008 Report Share Posted July 1, 2008 This F700 is one ugle ass car though http://www.youtube.com/watch?v=6ihTwwahhLc 670649[/snapback] I thouhgt it looked pretty cool although I coundn't understand what the guy said. Link to comment Share on other sites More sharing options...
cwd Posted July 1, 2008 Report Share Posted July 1, 2008 Well I think there's nothing wrong for taking credit for something that I did totally inadvertently don't mention it. Oh, and sorry for the times my posts might have made you lose money I guess we're even.. 670651[/snapback] There are not very many posts on this board that lose money and we know who they are. Link to comment Share on other sites More sharing options...
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