machinehead Posted August 1, 2003 Report Share Posted August 1, 2003 machinehead,Did you notice Santelli wearing a pair of binoculars around his neck? Couldn't help but think he looked like a "railbird" at Aqueduct as the nags were heading down the stretch! :grin: Rick remembers his good old days as a punter. Now he's turned pro, a trackside "turf authority" for the Daily Racing Form. http://drf.com/ Link to comment Share on other sites More sharing options...
rog Posted August 1, 2003 Report Share Posted August 1, 2003 How about those unconventional measures? Doesn't look like the FED has been able to do anything to control the yield curve. Let alone "keep rates low until an economic recovery takes full hold." Ben, what say you? Sir Softpatch and his band of merry men have started the process of losing all credibility. Barring 5% growth in the second half of this year the masses will come to the realization that the FED cannot wave a magic wand and control a $10t economy. As this reality grips the nation we will enter the bitter part of this bear market. Link to comment Share on other sites More sharing options...
The Mad Hungarian Posted August 1, 2003 Report Share Posted August 1, 2003 MH, LOL! Link to comment Share on other sites More sharing options...
DrStool Posted August 1, 2003 Report Share Posted August 1, 2003 Doc will be taking vacation days today Friday August 1 (a little later :wink2: , and Friday August 8. The regular Weak End Anals will not be published. Friday pre-opening updates will be published.? The PM and closing intraday updates, Feed Analysis, and Uncle Buck and the Long Bong hit will not be published Friday. The regular Weak End Anals will not be published. If possible, a short Anals will be posted late Sunday evening. Regular publication will resume Monday morning. Link to comment Share on other sites More sharing options...
chibear Posted August 1, 2003 Report Share Posted August 1, 2003 machinehead,Did you notice Santelli wearing a pair of binoculars around his neck? Couldn't help but think he looked like a "railbird" at Aqueduct as the nags were heading down the stretch! :grin: I hope I'm not stating what everyone knows, but Santelli uses the binoculars to see the quote and news boards on the walls of the trading room. Link to comment Share on other sites More sharing options...
MyGoldenStool Posted August 1, 2003 Report Share Posted August 1, 2003 Hmmmm, the actual unemployment rate went down. I guess all those newly-hopeful people who began hunting anew for jobs the prior month have now decided they don't want a job after all and hence gave up looking and are now not counted anymore. Link to comment Share on other sites More sharing options...
Bearbones Posted August 1, 2003 Report Share Posted August 1, 2003 Unemployment remains over 10% according to the BLS "Alternative Calculation" http://www.bls.gov/news.release/empsit.t12.htm Link to comment Share on other sites More sharing options...
GregFokker Posted August 1, 2003 Report Share Posted August 1, 2003 Strategy that doesn't work: Enter stop sell order just below support to try to catch spike down on the econ data. Got filled at the low of the move 3 points below my limit order. Got out for a quarter point loss + vig, cheap way to learn a valuable lesson. Will leave heatmapping fukutures to the Nintendo players. Link to comment Share on other sites More sharing options...
The Mad Hungarian Posted August 1, 2003 Report Share Posted August 1, 2003 chibear, I figured that's what he has them for, I was just trying to extend the metaphor in this thread about the markets taking on the aura of casinos/racetracks! Link to comment Share on other sites More sharing options...
MyGoldenStool Posted August 1, 2003 Report Share Posted August 1, 2003 Jerry m- you shoulda held BRKS! REUTERS RESEARCH ALERT-JP Morgan adds Brooks Automation to Focus List [CXLGYDH] NEW YORK, Aug 1 (Reuters) - JP Morgan said on Friday it added Brooks Automation to its Focus List. No other details were immediately available. The stock closed at $19.25 on the Nasdaq on Thursday. Link to comment Share on other sites More sharing options...
thesun Posted August 1, 2003 Report Share Posted August 1, 2003 How about those unconventional measures? Doesn't look like the FED has been able to do anything to control the yield curve. Let alone "keep rates low until an economic recovery takes full hold." Ben, what say you? Sir Softpatch and his band of merry men have started the process of losing all credibility. Barring 5% growth in the second half of this year the masses will come to the realization that the FED cannot wave a magic wand and control a $10t economy. As this reality grips the nation we will enter the bitter part of this bear market. Greensin, has a REAl problem: How do we keep FRE from going under. At this time he has his hands full, timing the FRE bankRAPEcy until after the Bushman re-election. PS not looking that good for the Bushman Link to comment Share on other sites More sharing options...
machinehead Posted August 1, 2003 Report Share Posted August 1, 2003 Sir Softpatch and his band of merry men have started the process of losing all credibility. No kidding. There's an edge of hysteria and desperation in this article, that you rarely encounter in the financial press - SWAPS Spread Blowout on Mortgage Hedging Havoc Link to comment Share on other sites More sharing options...
thesun Posted August 1, 2003 Report Share Posted August 1, 2003 CONsume, Consume Tax cut... tax cut $400, $800, $1200, $1600, Kid Credit CONsume, Consume All for the next QTR. Link to comment Share on other sites More sharing options...
crooked_analyst Posted August 1, 2003 Report Share Posted August 1, 2003 Al's gonna try a new approach...Slam Gold and Rally the Bonds...who'd a thunk it? Link to comment Share on other sites More sharing options...
Bird D Durr Posted August 1, 2003 Report Share Posted August 1, 2003 For a dismal day........................That picture...............MH & Yanevano................................. Really made me laugh out loud.............For the first time in a while................. Link to comment Share on other sites More sharing options...
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