World Stock Markets Trading Discussion - Testy trepidation
33 replies to this topic
Posted 31 October 2012 - 09:00 PM
Price tag for a meat cleaver.
Posted 31 October 2012 - 09:03 PM
Early openers looking seedy: Kiwis -0.3%, Aussies -0.7%, Nikkers -0.3% and Sth Korea -0.9%.
Most Aussie sectors in the red: Miners, Materials and Consumer Discretionary all -1% with Gold +0.4% the sole green.
Posted 31 October 2012 - 10:04 PM
i don't have a sandy story. i stayed home and watched on tv. rain and wind were not a big deal in my part of manhattan, and we are on high ground (park ave in the 90s), at least 60-75 ft elevation from the east river. never lost power, as was the same for virtually all of manhattan above 42nd street.
i'm too old to be helping ventilate an ICU patient down 15 flights of stairs, so i didn't try to go down to nyu for the evac. i called two of the receiving hospitals uptown to offer help, they said they were cool, with plenty of young doctors and students working extra shifts.
the issue of emergency generators in the basement used to be a 'trick question' on the board examination; to fix in your mind to have some contingency planning anytime you were caring for ventilator patients. i was surprised nyu had not relocated some generators upstairs, as they had done next door at bellevue (when they built a new pavillion).
my dad was involved in disaster planning for the state highway dept back in california. he helped me develop a preparation mindset since i was a kid. i was worried about high winds and hours of severe rains breaking windows or overflowing sewers around my 5th floor apartment in a 10-story building, standing for about 100 years. it was hard for me to picture a worst-case scenario short of a fire forcing me into the street. i was worried about friends in battery park city and in brooklyn.
i also worried about philly. thought your city would get soaked--apparently not to bad. man, the nj shore and AC, another story.
"He who sells what isn't his'n,
Must buy it back or go to pris'n."
Posted 31 October 2012 - 10:20 PM
Thanks for your take, Howard. It's good to hear how Stoolies are getting through this..
Posted 31 October 2012 - 11:49 PM
By now I think those squirrels must be getting totally medieval on TJ's ass:
One day sometime in the future he'll [Cramer] come blubbering and whimpering on air half naked and smeared with his own feces. It'll be the buy signal of the decade. --PhatBubble
One thing I think is certain. The more the world's central banks act to suppress the cost of long term capital, the more of it the market will demand, thereby keeping upward pressure on yields until the CBs have no choice but to relent. At that point we should see a massive final blowoff similar to that which occurred in 1980 and 1981. --Doctor Stool
In a topsy turvy world, growing more and more insane by the minute, terminal eccentricities, like buying Fanny, are barely noticed--Beardrech
"[George W. Bush] is Woodrow Wilson on amphetamines." --Patrick J. Buchanan
"I simply don't know where the money is." --John Corzine
Posted 01 November 2012 - 01:27 AM
A bearish one for All Ords which closed -1.2%. Most sectors closed -1% plus led by Consumer Staples -1.6% and Financials -1.4%. Gold succumbed to the bearish mood finishing -0.5%.
Asia more bullish: China +1.8%, Honkers +0.5%, India -0.2% and Nikkers +0.2%.
On to UK/Europe:
Posted 01 November 2012 - 05:49 AM
Superstorm Sandy: fears of 'ratpocalypse' in New York
Hurricane Sandy has led to fears that the floodwaters could lead to 'ratpocalypse' in New York, with thousands of them rising from the sewers and onto the streets.
Posted 01 November 2012 - 08:45 AM
Howard- Thanks for your story! When I lived in Manhattan I was at 90th and First. It was a fringe neighborhood then. New building at the time. The bodega at the corner wasn't selling groceries. Or not much groceries.
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Posted 01 November 2012 - 09:30 AM
So far, neither downed trees nor flooding can take down the NAZ...NQ hourly spike reversal Pre-Sandy still holding solid...time runnin' out fur bears to take things much further....
Now watching to see whether or not panic starts to come out of bonds here today.....
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