Jump to content


Photo
- - - - -

B4 The Bell Fireday July 30


This topic has been archived. This means that you cannot reply to this topic.
284 replies to this topic

#241 The End

The End

    Anything is possible!

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 10,101 posts

Posted 01 August 2004 - 08:00 PM

$ is being handed its head!

Over the long term Brian, The one thing I am most confidant in is a weak Doo-lar.

Over the long term the one thing I am confident about is lower on all the fiat currencies. In my opinion they're all fish wrap. All will go lower in time against real money.

Yes, But, The Doo-lar should drop faster against all other fiat currencies in that it went up more against them in the past.
NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.


--Waters

#242 traderfromhell

traderfromhell

    Associate Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPip
  • 4,684 posts

Posted 01 August 2004 - 08:05 PM

$ is being handed its head!

Over the long term Brian, The one thing I am most confidant in is a weak Doo-lar.

Over the long term the one thing I am confident about is lower on all the fiat currencies. In my opinion they're all fish wrap. All will go lower in time against real money.

Yes, But, The Doo-lar should drop faster against all other fiat currencies in that it went up more against them in the past.

You could be right but is the Swiss Franc the bastion of all that is good the way it was 30 years ago? The disease has spread far and wide.
Don't steal. The government hates competition.

#243 The End

The End

    Anything is possible!

  • Moderators
  • PipPipPipPipPipPipPipPipPip
  • 10,101 posts

Posted 01 August 2004 - 08:10 PM

$ is being handed its head!

Over the long term Brian, The one thing I am most confidant in is a weak Doo-lar.

Over the long term the one thing I am confident about is lower on all the fiat currencies. In my opinion they're all fish wrap. All will go lower in time against real money.

Yes, But, The Doo-lar should drop faster against all other fiat currencies in that it went up more against them in the past.

You could be right but is the Swiss Franc the bastion of all that is good the way it was 30 years ago? The disease has spread far and wide.

That is what makes a market. I will remain short the us $ via Global bond funds and PM's.
NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.


--Waters

#244 Hiding Bear

Hiding Bear

    Associate Professor of Stock Proctology

  • Moderators
  • PipPipPipPipPipPip
  • 4,517 posts

Posted 01 August 2004 - 08:30 PM

I'm wondering if this is one of Buddhadropping's famous Plutocrat Scare Plays where bogus terror threats are manufactured to provide Al Leeson an excuse to gas up the helicopters and start dropping loads of green into the Speculative Arena.

If we fail to move down big on Monday, then you know that the Election Erection has sprung.

If the threats are real, and we go into a Dive Mode, then Al Leeson has lost control and the Bears can claim victory over the Orwellians.......

We'll see.............

I'm ready to play it either way...........

I'm ready to play both ways, but the longs are energies and PMs and the short the market in general.

The Fed is already attempting to accelerate money growth (without success yet) and just needs a small excuse to go faster. It will soon become apparent to all (in one or two months) that the Fed is actually easing money - raising rates is just a token cover response to the hyperinflationary expansion rate of the world money supply in the first quarter.

The Fed won't be able to stop a crash if one evolves, just like they couldn't reopen the markets after 9/11.

A crashing dollar might start a market crash. Don't think we are quite there yet but things could change rapidly.

#245 brian4

brian4

    Clinical Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPip
  • 9,361 posts

Posted 01 August 2004 - 08:33 PM

FWIW- I am a buyer of Gold Stocks at the open, they were ready to bottom and with the $ getting pounded and the metal up, I think we are there. ;)

#246 beardrech

beardrech

    Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPip
  • 5,454 posts

Posted 01 August 2004 - 08:37 PM

NYC is already at orange does this mean going to red?

Government Considers Raising Threat Level
11 minutes ago
By JENNIFE
R C. KERR, Associated Press Writer

WASHINGTON - The government is considering raising the threat level in Washington and New York City and for financial companies, a Homeland Security Department official said Sunday.

http://story.news.ya...s/terror_threat

I've noticed that some of the talking heads on the majors,Peter Jennings for sure,have dyed their hair the color of emergency orange; whether out of vanity or simply adding this as a way of adding excitement for their diminishing viewership I know, not but in the light of exterior shots it makes them look hideous; especially when their color blind studio-valets fails to match their sports jackets to hair

beardrech :ph34r: :ph34r: :cry: I also heard a terrorr fimacial anal cyst predict a three digit downdraft at the opening attributed to the alert-giving an allibi to Big al and company

#247 BeerMarket

BeerMarket

    Assistant Professor of Stock Proctology

  • Members
  • PipPipPipPipPip
  • 3,512 posts

Posted 01 August 2004 - 09:01 PM

interesting timing:
Study: Fear shapes voters' views

"In one we asked half the people to think about the September 11 attacks, or to think about watching TV," Solomon said. "What we found was staggering."

When asked to think about television, the 100 or so volunteers did not approve of Bush or his policies in Iraq. But when asked to think about Sept. 11 first and then asked about their attitudes to Bush, another 100 volunteers had very different reactions.

"They had a very strong approval of President Bush and his policy in Iraq," Solomon said.


so apparently Kerry needs to get the voters to think about TV

#248 beardrech

beardrech

    Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPip
  • 5,454 posts

Posted 01 August 2004 - 09:02 PM

Budget cuts mean layoffs for S.F. city workers
Local governments to feel pinch until '06 under deal with state
http://www.sfgate.co...MNGJS80UTP1.DTL


San Mateo County's managed care system is near bankruptcy and the Alameda Alliance for Health recently dropped 4,000 people due to funding cuts.
http://www.sanmateoc...2308108,00.html

Sled
To add to your list of unemployment woes: I had to downsize my household so I fired my wife---and revealed my affair with her replacement: an equadorian midget-

My wife was shocked and began to shed a vale of tears, but I finally managed to get her to the door whereupon she grabbed the knob with death grip strenghth and intensity

No matter what I said she absolutely refused to see the logic of my position, but finally she saw how hopeless it was, and with a sad smile she bid me a tearfilled Adieu saying "Thanks for an exploitation and fun-filled marriage;I wouldn't have missed it for the world"

beardrech :ph34r: :ph34r: :cry: BD who so glum;its over she's gone
-----------Oh it was that little note of sarcasm as she left--it really pissed me off-
why did she have to spoil the leaving when evrything was going so well?

#249 Guest_Icky Twerp_*

Guest_Icky Twerp_*
  • Guests

Posted 01 August 2004 - 09:02 PM

Housing: Bets are off

Valley builders shoo buyers looking for quick buck

Glen Creno and Catherine Reagor Burrough
The Arizona Republic
Aug. 1, 2004 12:00 AM


Home builders are fighting back against investors targeting metro Phoenix as a new place to make a quick buck buying and selling houses.

Enticed by fast-escalating home values, investors are lining up to buy houses in bunches. They'll either rent them while values increase or make a fast sale and move on.
But builders are cracking down, limiting the number of homes they will sell to investors or shutting them out completely. They're worried that too many rental houses can diminish neighborhoods, and they don't want to see for-sale signs lining brand-new streets of communities still under construction.

Another worry: Rampant speculation can drive up prices, making it more difficult for rank-and-file home buyers to afford a new house and contributing to a price bubble that could burst if demand falls and investors sell in mass, killing property values.

"We really don't want to look down the street and see a sea of for-sale or lease signs," said Carolyn Morrison, vice president of sales and marketing for Beazer Homes in Arizona, which is banning investor sales other than deals for certain model homes, which the company leases back. "We don't build homes to increase people's investment portfolios or to increase their net worth. We build to create neighborhoods. We need to keep that as a primary focus."



#250 Guest_Icky Twerp_*

Guest_Icky Twerp_*
  • Guests

Posted 01 August 2004 - 09:06 PM

Gee, this wasn't on the TV news. . .
Iran restarts nuclear work

Centrifuges can enrich uranium to weapons grade
Associated Press

TEHRAN, IRAN - A defiant Iran on Saturday said it had resumed building nuclear centrifuges, saying the move was retaliation for the failure of three European powers to get its file closed at the U.N. nuclear watchdog agency.

The announcement by Foreign Minister Kamal Kharrazi hardened the lines between Iran and the United States, which has been pushing to take Iran's nuclear program to the U.N. Security Council.

Kharrazi told a press conference that Iran has not resumed enriching uranium but was manufacturing centrifuges in response to the failure in June of Britain, Germany and France to help close Iran's file of possible nuclear nonproliferation violations at the International Atomic Energy Agency



#251

  • Guests
  • 0 posts

Posted 01 August 2004 - 09:09 PM

Maybe AQ is short the US dollar.

#252 Guest_Icky Twerp_*

Guest_Icky Twerp_*
  • Guests

Posted 01 August 2004 - 09:11 PM

Jobs: Up to $110,000, free room and board

But KBR work in Iraq includes 84-hour weeks at 120 degrees, spiders, scorpions
By BILL HENDRICK
Atlanta Journal-constitution

ATLANTA - Halliburton Co., which has a $4.5 billion contract with the Pentagon for work in Iraq, said Tuesday that Atlanta proved its best city for recruiting workers, with the company snapping up 112 "high-quality" employees after a recent two-day job fair downtown.

Halliburton has taken its job road show to 22 cities, and "Atlanta was the most successful," said Chris Ward, chief recruiter at the fair held in mid-July. Not only did Atlanta provide more workers than any city outside Halliburton's Houston home, it also offered up those with the best education and skills, Ward said. Oklahoma City came in behind Atlanta, with 100 hires.

The Atlanta workers, chosen from about 400 applicants, will be sent to Baghdad in early September to work for KBR, the Halliburton division running the Pentagon contract.

"We hired carpenters, equipment operators, welders, food service people, labor foremen, heating/air conditioning specialists, electricians, truck drivers, auto mechanics," Ward said.

Most picked were in their mid-30s to late 50s, although applicants' ages stretched from 24 to 78. Salaries range from $60,000 to $110,000 a year for an 84-hour workweek.

"It's about the same as working two jobs in the states. But then in Iraq, we pay for food and housing, and there are few expenses and not much to spend money on," Ward said.

... ...

No surprise
Economists said they weren't surprised that so many highly qualified middle-agers were recruited here.

"Manufacturing is dominated by middle-age people, and that's what's been hit hardest in the Atlanta area," said Jeff Humphries, director of the Selig Center for Economic Growth at the University of Georgia.

Rajeev Dhawan, director of the Economic Forecasting Center at Georgia State University, said, "When you are 45 or above, it's very hard to get a job. KBR knows there's a very dedicated labor pool here of people who are having trouble finding work. The recession is over, but it's not going to get much better as far as hiring goes. In fact, a lot of companies are still in a cost-cutting mode."



#253 Guest_Icky Twerp_*

Guest_Icky Twerp_*
  • Guests

Posted 01 August 2004 - 09:14 PM

Value first for second homes

Many buyers look with an eye toward investment
By ANDREA COOMBES
Cbs Marketwatch
SAN FRANCISCO - Second-home buyers face a double whammy when it comes to picking the right location: They must find a vacation spot they love in a real estate market with years of growth ahead.


It's a challenge more homeowners are taking on as the investment potential of a second home looks better and better given low interest rates and a meandering stock market.

Buyers purchasing their second homes primarily as investments rose to 37 percent in 2002 from 20 percent in 1999, according to the most recent data from the National Association of Realtors.

While some second-home buyers don't intend to use the homes themselves, many others are eager to buy permanent residences at favorite vacation spots, if values are likely to rise.



#254 zensmoke

zensmoke

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,563 posts

Posted 01 August 2004 - 09:17 PM

Ten-Year Treasuries Advance in Asia After U.S. Raises Terror Alert Level
Aug. 2 (Bloomberg) -- Ten-year Treasuries gained in Asia after the U.S. raised the terror alert level for financial institutions in Washington, New York City and northern New Jersey, citing intelligence on al-Qaeda plans.

http://www.bloomberg...kets/bonds.html

#255 beardrech

beardrech

    Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPip
  • 5,454 posts

Posted 01 August 2004 - 09:22 PM

Link Every Newbie on the thread please read this, print it out and read it every day, make it your mantra...Great Stuff and note "Swing Trading carries more risk than Day Trading" and "Know your EXIT before you enter"...or as I put it let your stops take you out. Great piece!

Brian I respect your trading skills enormously;but could you do some of us hard to teach slow learners a favor and write a little scenario--story book style-on how a typical trade of yours goes--

for example--[No kidding about the specifics] I light up a ciggy look at my screen,pick up the fone and say to my broker--I want to buy xyz option put for nearest month [spell out what a unit would cost please;is a minimum order 100 and the price] then how you order the stops [2 point trailing stop? or a straddle with differentiated stop--etc

For instance if the option is happily going your way can you issue an order telling him to LOOSEN the STOPS AUTOMATICALLY as the play goesthe way you want--can you introduce very detailed orders like: If it moves up ten points change the direction to long or short with an even shorter stop on each side etc

it almost seems to me that you can create your own robotic device without the expense and with more intelligence than hedghogs

Prices examples would be most appreciated -- say in the Gold issues for example

beardrech :ph34r: :ph34r: Bd Why so infantile;why do you have to be spoonfed?
-----------Thats what i get for eaitng all those crabs--it was the bibs that spoiled me





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart