B4 The Bell, Thursday September 2
376 replies to this topic
Posted 02 September 2004 - 06:04 PM
Andy Bryant (CFO INTC) gets stool canned at the end of the quarter. This "the inventory problem just creeped up on us" routine is stupid and completely unbelievable. Even crapvision knew all about the inventory problem in tech.
Posted 02 September 2004 - 06:15 PM
Propaganda Central is full speed ahead streeing into 40-foot seas.....
kinda like taking water over the bow.
It is no wonder everyone is sick.
Brainwash Central has laid good ground work in quick-sand.
Posted 02 September 2004 - 06:34 PM
The take of Z a wealthy..old man
Re: The High paid & wealthy provide the jobs
Posted By: Z (184.108.40.206)
Date: Thursday, 2 September 2004, at 8:44 a.m.
In Response To: Re: The High paid & wealthy provide the jobs (joej)
Demand will continue to fall at an alarming rate the inflationary blimp that was creating is ending now and will move the economic structure back into a disinflation background unfortunately it will turn into a full blown deflationary spiral. This is being seen as forward markets such as silver collapsing and other commodity markets following suit. Commodities in general will move much lower than most individuals within the industry can think. In fact I believe we can get to a point where all the major commodities and the hedging of them will be an ‘anticipating hedging process’ meaning that a ‘cash business process’ will take place at low prices.
Increasing lower incomes will spread rapidly this will then again create much lower prices on average. There is an abundant of inflation within the system but at major turning points it takes an undervalued attitude to allow that inflation to be released into the system. It is quite obvious that particular parts of the economy are far from being undervalued. As individuals see as a lack of supply in reality is actually an increasing lack of the demand from a longer-term point of view. This convoluted process is not always in the best interests of what has been taking place it actually is giving the signs of how the past is beginning to repeat.
For every one penny rise in crude oil just about one billion is taken away from the tax breaks so you can see in the last year or so just about 70 percent of that tax break has quietly left the system by the sharp rise in crude product.
Tax breaks were never the answer though many believe it, even in the past days of President Reagan, the ‘leakage’ that was created within the system is what is and has always been the core of the problem, these are the inability to stop social spending at an alarming rate that cannot be either justified or financially sound principles of economics. Surgeon’s, lawyers even the derivative paddlers are no longer exclusively American jobs they have long left to those of Second and Third World nations. In the 1930s basketball went bankrupt and it most likely will go again quite soon.
Investment per se will eventually move out of the mainstream thought of the masses of Americans, we are seeing the ending result or the last hook so to speak as far as bullish sentiment being created in the financial industry. The sentiment itself is not being created from the public's end of view but more so from the inside financial point of view. It's their last hope to keep things moving along and not allow the sudden change that soon is to take place.
One of the first things in society that individuals do when they are ‘marking down’ is first to cut food stuffs such as ‘expensive ones’ then lease expensive ones, after that luxuries such as traveling or the way one travels to work if work is available. Thirdly it's the shelter in which they live in, down sizing to a point where the monthly budget is afforded. Believe it or not you would think education would be one of the first things that individuals cut from the table scraps but it's not! America has an increasing appetite for education and believe it solves all man's problems. Depending on the length of the economic turn down eventually education is the last to go. Manual labor begins a new structure of how the country starts to think and operate, a large increase in institutionalized education in the last 30 years will not be that hard to collapse in fact it should collapse much easier than the homeowner itself.
Many times institutionalized education or those that teach it are subject to extreme whip lashing by the public at large but this is most times within the middle of the economic turn down, political favorites and the destruction of them come at the end of the cycle the year 2007 to 2008 is looking for many American politician and World politicians as a ‘death period’ (assassinations etc) for them in general.
Have a great day,
Posted 02 September 2004 - 06:47 PM
To me all the shananigans.........."virtually" over the past year, have been
nothing more than positioning........by the Lords of deception.
This system will not be saved. They have no intention of saving it.
In this HYPERTIGER is 100% right.
Whatever.......SYSTEM........they have planned to rise out of the ashes with......and make no mistake.....something is planned........the first
orders of business will be
Posted 02 September 2004 - 07:20 PM
Today was a distribution top and we should have seen it coming the pricks knew about Intel and methinks tomorrows job report will also suck. Although I am flat the Spoo ifeel real good about my 50 jan.06-29 strike cube puts, by the way that is a record number of downs on the top 100 in A/Hours better than even at the top-look out below!
Posted 02 September 2004 - 07:24 PM
all we have to do is survive for another 8 weeks or so until Bush is re-elected.
Once that has been achieved,they will no longer need the Wall street shrills or the sheeple,who will discover to their collective horror that they were just fodder .
The Matrix will just pack up and leave,not a trace of their existence will be evident,the warehouse where they operated from will be empty,the phones will just ring out,it will resemble an episode of the X files,the hapless bulls will be the ones who tell the "crazy" stories of the "Matrix"..."its true I tell you,they had a red phone with a direct line to Greenspan himself,I saw it with my own eyes...its TRUE,I SAW IT,IT WAS RIGHT HERE,PLEASE YOU MUST BELIEVE ME......"
It will be quite an eye opener for most of these "fringe" type Political and Wall street types to realise that they have just been used like cheap whores,they will wake up feeling so dirty and worse they will be stuck with way over priced stocks and real estate.
They will be waiting in vain for the jam jobs that never come.
They can experience what we bears have experienced for the last 4 years.
They can Wait for Godot.
Posted 02 September 2004 - 07:34 PM
Unless Bush announces a tax credit for online porn and gambling sites tonight, I can't see the market being up much tomorrw. Most of what he is (presumed) to say tonight is already priced in to the market, as is a good employment number.
Given that, the VIX bounced off 14.21 today, failing to make a new low and will likely not close on a lower weekly low tomorrow. Of course, my predictions are often wrong. Most indicators are now overbought, and the charts look a lot like false breakouts we have seen in the past.
The market has been buying bad news on its way back up (eg, oil, warnings), just as it sold good earnings news last month. A turn back down should be a certainty if Bush or jobs disappoint. Once we start selling on bad news, the game is up, IMHO. The pols and Fed look increasingly helpless as the world spirals around them.
Remember what is widely thought to be the top of the Bull Market ending Y2K: Intel warned.
Posted 02 September 2004 - 07:48 PM
This Intel stuff stinks to high heaven,I have never seen so many warnings prior to an announcement,they must have mentioned it 500 times on Bloomberg & Crapvision Asia in the days leading up to it.They took it down hard early so that they can say its been overdone to the downside.They wont let this derail the momentum Bush has painstakingly built over the last couple of days.The hard work has already been done,getting the DOW over 10000 seemed impossible,the next 8 weeks should be a doddle by comparison.
The thing in our favour is that the economy is deteriorating rapidily,that is undeniable,they will have plenty of "good" excuses as to why things will fall apart "after" the election.
Patience is all that is required now.
Posted 02 September 2004 - 07:48 PM
Hey Idaho Spud. Welcome to the board.
Do you have any relatives known as Hastings Spud....the 'tater chip crop
from Northeast Florida?
Just playing Idaho......You are still welcome.
Posted 02 September 2004 - 07:52 PM
which collapsing Silver market was Z referring to?
Iat least we're all safe for now. thank God we're in a bowling alley.
Posted 02 September 2004 - 07:52 PM
F/value is out Spoo's-1118.34, NutsDuck-1399.12-Spoo's are 2 below f/v, NutsDuck 13 below f/value-look out below the jobs number will suck!
Posted 02 September 2004 - 08:17 PM
Pee Brain........i dunno.......he's been on that theme with Silver, for a couple of months...........i think his old eyes watch too many balls bouncing.
Pretty insightful guy generally though.
Posted 02 September 2004 - 08:36 PM
"I want to believe"
Posted 02 September 2004 - 09:02 PM
which calls to mind the old Churchillism vis a' vis Russia: " A riddle wrapped in a mystery inside an enigma". . .
ergo, to witten:
"a mirage propped by fantasy inside a delusion"
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