Jump to content

B4 The Bell Humpday September 29


Hiding Bear

Recommended Posts

Belo to cut 250 jobs, mostly at Dallas Morning News

http://www.montereyherald.com/mld/monterey...ess/9789961.htm

 

CA to cut 800 positions

http://www.newsday.com/business/ny-ca0930,...iness-headlines

 

Telecom equipment maker Agere to cut 500 employees

http://www.canada.com/national/nationalpos...a6-f91c2072f05c

 

Russ Berrie Fires 75 Execs and Workers

http://www.giftsanddec.com/article/CA45679...ion=In+The+News

Link to comment
Share on other sites

  • Replies 293
  • Created
  • Last Reply

Amazing how the market and media are under the spell cast by the ministry of disinformation.

I would of expected more out of the oil pits but this was probably a well coordinated and planned attack with intervention.

Lets see where crude closes. Too big for them to control

Whats the use with 22.5 trading days left?

HUGE bid coming into the minis

Link to comment
Share on other sites

The CRB commodities index reached as high as 284.49 this morning, less than one point below a breakout at 285.28 which would be a twenty-three year high.

 

Yes, not since 1981 (the year after the record high) have commodity prices traded at this level ... and this has been accomplished with no help from the grain complex, which remains quite weak.

 

Continuing dollah weakness will be the key to the breakout, and to what follows ... ;)

Link to comment
Share on other sites

If oil winds up over $50 today, it would be the final nail in the "Credibility Coffin" where government manufactured numbers are concerned, as it would represent a very high profile "we don't believe your stinkin' lies" on the part of oil traders.

Link to comment
Share on other sites

They fudged it alright what Bullshit 3 Million barrels, hey we found 3 million Barrels-what a joke!

Bush forgot they filled his Texas swimming pool with oil. An honest mistake.

 

In looking at the newly revised and of course deadly accurate GDP it is interesting to note that the total revision was .5% and that the business inventories revision was responsible for .78%. Damn good thing all that crap is stacking up in the warehouses or otherwise they would have to have revised down .28% to 2.52%.

 

Soon Q3 will be history and the quarter end mark-ups will be over. That puts earnings seasons on deck. Of course they have been very busy lowering expectations so everyone can beat by a penny and of course then we go into op-ex scamorama followed by month end markups. Sorry there will be no actual trading days in October. Just close your eyes and buy everything with both fists. Trust me. :lol:

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...