MrHanky Posted February 10, 2012 Author Report Posted February 10, 2012 Gotta love the 12,800 sticksave in the last few seconds.... 1/3 of the Dow losses recovered like magic Bots live
shorty Posted February 10, 2012 Report Posted February 10, 2012 Gotta love the 12,800 sticksave in the last few seconds.... Bots live yeah a burst of gov't showprop buying at the close corrupt failed regime desperate to coverup the Depression until Nov. after which they'll unleash poverty and suffering the likes of which this country has never seen
Jimi Posted February 10, 2012 Report Posted February 10, 2012 (Continuing from IDS...) I wanted to go to Circus-Circus as you suggested, but I was outvoted. Next time. It was still all good grub - as I've found it to be reliably so in Vegas. Not exceptional value, but I don't mind overpaying if a restaurant doesn't woefully underperform.
DrStool Posted February 10, 2012 Report Posted February 10, 2012 Think about it. S&P down 9, and it's the worst day of the year.
Bungster Posted February 10, 2012 Report Posted February 10, 2012 Think about it. S&P down 9, and it's the worst day of the year. Bearz need to relish any victory no matter how small...
Jetlag Posted February 10, 2012 Report Posted February 10, 2012 yeah a burst of gov't showprop buying at the close corrupt failed regime desperate to coverup the Depression until Nov. after which they'll unleash poverty and suffering the likes of which this country has never seen What happened to the happy green print for the weak end shorty ? Gubermint manipulators running a skeleton crew?
MrHanky Posted February 11, 2012 Author Report Posted February 11, 2012 (Continuing from IDS...) I wanted to go to Circus-Circus as you suggested, but I was outvoted. Next time. It was still all good grub - as I've found it to be reliably so in Vegas. Not exceptional value, but I don't mind overpaying if a restaurant doesn't woefully underperform. Hard to get bad food here on the strip,it's just super expensive but all pretty damn good!
DrStool Posted February 11, 2012 Report Posted February 11, 2012 titaniic? Time for your editor to swing into action.
BreakOut Posted February 11, 2012 Report Posted February 11, 2012 From Mish: http://1.bp.blogspot.com/-m-lW2xq3nUQ/TzTNv5rT5EI/AAAAAAAAOO0/_gDTJhAM2q4/s1600/%2524BDI%2BDaily.png ********** I bought Dryships at 13 before it went to 140 (unfortunately didn't hold it very long), so I understand the overbuilding and debt concepts. But this is still kind of head-scratching.
Trader Joe Posted February 11, 2012 Report Posted February 11, 2012 From Mish: http://1.bp.blogspot.com/-m-lW2xq3nUQ/TzTNv5rT5EI/AAAAAAAAOO0/_gDTJhAM2q4/s1600/%2524BDI%2BDaily.png ********** I bought Dryships at 13 before it went to 140 (unfortunately didn't hold it very long), so I understand the overbuilding and debt concepts. But this is still kind of head-scratching. The BDI, along with about every other "indicator" is useless or nearly useless unless: [1] You can review the actual source data [2] Have a perfect understanding of how that data is collected and from whom [3] Have a perfect understanding as to how the data is then processed In addition, specifically in this case, what are the impacts of externalities such as "excess capacity" For instance, if the number of ships available just increased significantly and the number of ships on empty backhaul is temporarily up that should crush the index Conclusion -- it seems the BDI and it's recent plumment is worth a review, but to take that chart on face would be lazy (generally speaking, not pointed at you) In the end, as presented, it's an interesting chart, but that's about it
Recommended Posts
Archived
This topic is now archived and is closed to further replies.