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Monday 5/24/04


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#31

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Posted 24 May 2004 - 09:55 AM

HGX up 5.7

#32 Dharmaeye

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Posted 24 May 2004 - 09:55 AM

Be happy and keep buying.
No need for Americans to have jobs.

8:27am 05/24/04 Alcoa in deal to build $1B smelter in Trinidad By Michael Baron
NEW YORK (CBS.MW) -- Alcoa (AA) reached an agreement with the government of Trinidad and Tobago to build an aluminum smelter with an annual capacity of at least 250,000 metric tons in Trinidad. The Pittsburgh-based Dow component expects the project to cost more than $1 billion. Alcoa will hold at least a 60 percent stake in the smelter with the government holding the remainder. Alcoa plans to take a lead role in the management and operation of the smelter, and it will have a right to 60 percent of the metal produced with the government getting the remainder. The company expects the smelter to directly employ 575 people upon completion. The stock closed Friday at $29.48, up 18 cents.

http://cbs.marketwat...teid=aolpf&mp=1

When was the last time an American Company gave OUR goverment 40% of production.

OUR COMPANIES are giving away OUR wealth to some other goverment.
Give me a break.

But good news. The CEO should get at least $20,000,000 bonus, if not $150,000,000

This is bullshit.
Aluminum is very energy intensive, thats why bauxite has been shipped to cheap energy supply areas of the world.

#33 zensmoke

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Posted 24 May 2004 - 09:57 AM

Temporary Open Market Operations for May 24, 2004

Delivery date: Monday, May 24, 2004
Maturity date: Thursday, May 27, 2004
The Desk has entered the market announcing: 3-day RP 1
Total Money Value of Operation (in $bil.) 6.000
http://www.ny.frb.or...m?SHOWMORE=TRUE

#34 Madame Wrecked Him

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Posted 24 May 2004 - 09:57 AM

I was wondering if download times are somehow being affected by the waterlogged states.  However it seems to be certain sites more than others.  I'm finding Yahoo to be virtually inaccessible this morning.

Ditto re Yahoo Madame WH

Mine's working again now.

#35

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Posted 24 May 2004 - 09:58 AM

CECO is the only red stock on the Nasty 100 heat map, but they have brought it back almost 3.00

#36

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Posted 24 May 2004 - 10:00 AM

I was wondering if download times are somehow being affected by the waterlogged states.  However it seems to be certain sites more than others.  I'm finding Yahoo to be virtually inaccessible this morning.

Ditto re Yahoo Madame WH

Mine's working again now.

Seems to be fluctuating..

#37 Lock Limit Down

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Posted 24 May 2004 - 10:01 AM

I am watching as I smelt this coming last night. That jam on the open of the night session was to obvious.
I am getting very close to walking away from this crap.
Never has the market been as manipulated and massaged as the last few months. Starting to think they can hold this pigshite up througn the November elections. If I dont quit trading altogether, I will be toning things down in a substantial way.
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"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." --- Thomas Jefferson

#38 soup

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Posted 24 May 2004 - 10:02 AM

Bullish article ont he homebuilders in this weekends Barrons. ALl fluff, and rear view mirror shit, however, well, lemmings will be lemmings
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg

#39 zensmoke

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Posted 24 May 2004 - 10:03 AM

UAL RAISES FUEL-COST ESTIMATE

United Airlines' parent expects to spend $750 million more on fuel in 2004 than it projected six months ago, reflecting the swift rise in energy prices that is threatening the nascent recovery of U.S. airline industry.
Dow Jones Newswires

#40 soup

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Posted 24 May 2004 - 10:05 AM

LLD: Either I am extremely naive or I have alzheimers. But, I do remember a time when stocks were stocks. A time when the freaking stock mkt was not a the national pasttime, a time when folks treated the mkt as an asset class. A time when questions of value were raised. All I can conclude is that we are very close to the end, and the matrix is jamming in hopes to keep the gig going?
""Pretty bubbleheads preen daily on our financial networks, playing the shill to Wall Street and Washington in order to lure unsuspecting Americans into buying insanely overvalued stocks. The great market exchanges, once prudent arenas of investment where the engine of capitalism traded value for value, have become sham casinos staggering under decades of massive Fed created debt and lurching into oblivion on the greater fool theory. Yet our high level bureaucrats, led by Alan Greenspan, exhort all Americans to consume still more of their seed corn and seek still more fools." N. Hultberg

#41 zensmoke

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Posted 24 May 2004 - 10:07 AM

FedEx Freight Announces General Rate Increase

MEMPHIS, Tenn.--(BUSINESS WIRE)--May 24, 2004--FedEx Freight (NYSE:FDX) will implement a 5.9 percent general rate increase effective June 14, 2004. The increase will apply to interstate and intrastate traffic, and selected shipments between the United States and Mexico and Canada. Various additional adjustments will include select minimum and accessorial charges as well as some select lanes and service areas.
http://home.business...262&newsLang=en

#42

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Posted 24 May 2004 - 10:08 AM

Options are not working on Ameriturd Streamer.

#43 Henny Penny

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Posted 24 May 2004 - 10:10 AM

WTI( July) up 87 cents to 40.70 . After all the concerted efforts to talk it down , this has got to be viewed as a collosal matrix failure. No way stocks mount a sustained rally with oil prices out of control and above 40. just an opinion!

#44

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Posted 24 May 2004 - 10:10 AM

LLD: Either I am extremely naive or I have alzheimers. But, I do remember a time when stocks were stocks. A time when the freaking stock mkt was not a the national pasttime, a time when folks treated the mkt as an asset class. A time when questions of value were raised. All I can conclude is that we are very close to the end, and the matrix is jamming in hopes to keep the gig going?


Soup....Aman,Bro. :(

#45 longOnUranus

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Posted 24 May 2004 - 10:12 AM

My Scootertrade streamer charts are down, but it seems this is the third or fourth boner opening in the past few weeks that wouldn't accelerate after the open...Failure here is not an option for the bulls





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