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B4 The Bell Tuezelday September 21


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#91 purdymouth

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Posted 21 September 2004 - 11:08 AM

Hisself-the PrezyDent-is speaking to the UN the expressions on the faces of those watching is interesting, very interesting! ;)

"We don't need the UN..." Posted Image

"We need the UN..." Posted Image

"We don't need the UN..." Posted Image

"We need the UN..." Posted Image

Posted Image

#92 orvack

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Posted 21 September 2004 - 11:09 AM

Bush, in Shift, Taps Into Emergency Iraq Funds

15 minutes ago


WASHINGTON (Reuters) - After initially insisting it had enough money, the Bush administration has begun tapping its $25 billion emergency fund for the Iraq  war to prepare for a major troop rotation and intense fighting this fall, administration and congressional officials said on Tuesday.


Already the Pentagon has used more than $2 billion from what the White House dubbed its "contingency reserve" fund. The money is being used to ramp up production of armored Humvees to support the upcoming troop rotation, as well as to buy body armor and bolster fuel supplies, the officials told Reuters.

The decision to tap into the $25 billion reserve fund underscores growing concern within the administration about the rise in anti-American violence in Iraq.

It also comes on the heels of last week's announcement that the White House planned to divert nearly $3.5 billion from Iraqi water, power and other reconstruction projects in a bid to improve security.

"As we've always said, our troops in the field will have what they need, when they need it," said Chad Kolton, spokesman for the White House Office of Management and Budget.

"In this case, making some of those resources available now ensures that our troops will have the equipment they need going into the fall," when the troop rotation is planned, he added.
http://news.yahoo.co...ng_dc&printer=1



#93 brian4

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Posted 21 September 2004 - 11:17 AM

Opening now till one EST long and Big window=Big move! Helmets on, Buckle up! ;)

#94 depends

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Posted 21 September 2004 - 11:19 AM

Bush is spinning fairy tales. :P

#95 brian4

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Posted 21 September 2004 - 11:20 AM

Purdy-So True, so true!

#96 K Wave Rider

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Posted 21 September 2004 - 11:21 AM

REIT index has already given up it's early pop

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Posted 21 September 2004 - 11:29 AM

Latest oxymoron:

"troop rotation"

rotate on this!

#98 Darkdoc

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Posted 21 September 2004 - 11:31 AM

Orvack - I agree with you about copper.

It has been in a long corrective wave since the beginning of the year - see weekly chart below.

Looks ready to break out upwards.

Something close to at least 158 very possible. That's about $6000 per contract from today.

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#99 Darkdoc

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Posted 21 September 2004 - 11:32 AM

Daily copper chart shows lot's of activity today.

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#100 Darkdoc

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Posted 21 September 2004 - 11:37 AM

Gold weekly much the same as copper chart.

Long corrective wave almost starting the very beginning of 2004.

Harder to tell when this one is going to breakout upwards, but watching it every day is well worth it.

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#101 purdymouth

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Posted 21 September 2004 - 11:40 AM

haven't we been treated to +200 pt. days when rates were hiked last few times?

:unsure:

#102 orvack

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Posted 21 September 2004 - 11:40 AM

Orvack - I agree with you about copper.

It has been in a long corrective wave since the beginning of the year - see weekly chart below.

Looks ready to break out upwards.

Something close to at least 158 very possible.  That's about $6000 per contract from today.

That what I see in the copper stocks. Getting ready to get in.
As for futures, that account is loaded with silver options...

Ex. : Amerigo (ARG.to)

Out of a nice cup, retracement to the support :

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#103 BearHugs

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Posted 21 September 2004 - 11:43 AM

The carry trade is the motor of the U.S. economy. Shut it down, and an eerie silence ensues ... before the sheet hits the fan for real.

Excuse my ignorance on bonds, but at what point did the carry trade start and at what point would it end?

Is this a valid way to measure it:






So would above a .5 ratio end it?

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#104 soup

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Posted 21 September 2004 - 11:43 AM

barfing all bullish all the time " As we noted ahead of the last Fed meeting, the market has historically bottomed after the second rate hike by the Fed. This trend held in the latest cycle." Perhaps someone can explain to me how a flatter yld curve is bullish for equities? I know I am a little dense, but give me a freaking break
""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

#105 The brown one

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Posted 21 September 2004 - 11:47 AM

Off topic- FBI fingerprint office just told me they are recieving 100,000 requests per day for clearances from emigrants. processing time has gone from 5 weeks to 8 weeks.

You mean 100,000 people per day are applying to leave the US?!!





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