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B4 The Bell Fryday 10/15/04


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#76 soup

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Posted 15 October 2004 - 12:02 PM

But.... You promised it was transitory? " Greenspan says oil price rise has cut growth"
""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

#77 machinehead

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Posted 15 October 2004 - 12:08 PM

Greasepan:

"So far this year, the rise in the value of imported oil - essentially a tax on U.S. residents - has amounted to about three quarters of one percent of GDP," Greenspan said in a speech exploring many issues surrounding oil prices prepared for delivery to the National Italian American Foundation.

Although this is a noticeable impact, it is "likely to prove less consequential to economic growth and inflation than in the 1970s," he said.


Not only do I flatly reject this conclusion ... but I've placed a large bet that it is 100% wrong.

Bring it on, Al.

It's you vs. me, suckah ...
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#78 brian4

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Posted 15 October 2004 - 12:08 PM

Window is now closed-we will take it-the trin is on a solid sell and the Pig is staggering around the ring -patience- the pressure is off for awhile. ;)

#79 Metamucil

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Posted 15 October 2004 - 12:14 PM

IVAN sporting a pretty bull flag.......


Posted Image
"I know the human being and fish can coexist peacefully"____George W. Bush, 7/29/2000

#80 pistolpapa

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Posted 15 October 2004 - 12:14 PM

Fascism alert:

Speaker J. Dennis Hastert released the following statement regarding the meeting next week of the conferees on the 9/11 Recommendations Implementation Act:

"I am glad that the conferees will be meeting next week for the first public meeting of the conference on the 9/11 Recommendations Implementation Act. Intelligence Committee Chairman Pete Hoekstra, who will chair this conference committee, will do an excellent job of bringing people together to get a legislative result that will make the country safer. He will work well with Senator Susan Collins, who did such an admirable job getting legislation through the Senate."


Full text of announcement

The House version -- by standardizing state drivers licenses under federal control -- implements a virtual national ID and internal passport scheme in the U.S.

The Senate bill does not contain that language.

If the House prevails in conference, President Bush will sign a bill ... before the election ... implementing a national ID in America.

Time's up, folks ... this is it ... the jail door is about to slam shut for good.

Not to worry, Mr. Coolidge

First, the Lone Star Texas, since they are a state only by yearly treaty, won't do it.

Arizona will succeed from the Union first.

California and New York's efforts will be sabotaged by the red tape and lawyers.

Montana, Oregon, Washington, Wyoming, New Mexico and Hawaii will drag their feet.

In Nevada and Illinois, the Mafia will stall it.

It will take Arkansas, Alabama and Mississippi a couple of years to read the law.

By that time, the financial implosion will make it economically unfeasible and unnecessary.

#81 twignberries

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Posted 15 October 2004 - 12:15 PM

UK oil and gas production to decline by more than half within 5 years.

High oil prices transitory? Uh, I think not.

Attached Images

  • UKOil.GIF

When the last living thing has died on account of us, how poetical it would be if Earth could say, in a voice floating up perhaps from the floor of the Grand Canyon, “It is done.” People did not like it here.

- Kurt Vonnegut

#82 beardrech

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Posted 15 October 2004 - 12:17 PM

A Federal Inflation Conspiracy?

Influential Bond Guru Bill Gross Says The Government Is Intentionally Understating The CPI -- And What A Howl That Has Raised

Great stuff Purdy. I like this one:

Gross also says the feds are adjusting for the fact that if the price of beef goes up, people eat more chicken. Therefore, it doesn't matter so much if a steak costs more. Economists call this phenomenon "substitution bias."


Right. And if the price of gas goes up, we all ride our horses? And if the price of health care goes up, we all pray?

And if prayer loses its utility then, just like the Fed and the Buro of labor statistics,we affiliiate ourselves with the devil

beardrech :ph34r: :ph34r: :cry:

#83 brian4

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Posted 15 October 2004 - 12:25 PM

If you are watching a one minute chart of the Dow you will note the wildest swings in the last 5 minutes i have seen in years. It looks the tremors of a dying beast!

#84 machinehead

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Posted 15 October 2004 - 12:28 PM

Cry of the PPT:

Dow 10K by the weekend!

For the greater good ...
"GOLD -- it's not just for misers anymore."

"Dollahs -- fire-starters for the K-wave winter." - Drano

"Three humps and a dump." - anotherone, 21 SEP 2004

"No gold was harmed in the making of this movie." - Bizarro Greenspan

[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals."
- our jickiss

#85 brian4

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Posted 15 October 2004 - 12:29 PM

stop moved to 1113

#86 zensmoke

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Posted 15 October 2004 - 12:35 PM

Polls Show Worsening of U.S. ReputationAmerica's Reputation Abroad Is Worsening, According to Polls in 10 Nations, Including Close Allies
LONDON Oct. 15, 2004 — America's reputation around the world is hurting, according to a series of coordinated polls published Friday from 10 countries, including many of the United States' closest allies.

In eight of the countries where the surveys commissioned by major newspapers were conducted, more people said their view of America had worsened in the past two to three years than improved. That question was asked in nine countries.

By big margins, those questioned said the war in Iraq did not aid the global fight against terrorism.

And in eight out of 10 nations, those polled said often in landslide proportions that they hoped to see Democrat John Kerry beat President Bush in next month's election. Bush won backing from a majority of respondents only in Russia and Israel.

The polls were conducted in Canada, France, Britain, Spain, Japan, South Korea, Australia, Mexico, Israel and Russia, with results to be published in the participating newspapers on Friday. Not all questions were asked in every country.

On average, 57 percent of those questioned said their opinions of America had worsened over the past two to three years, compared with 20 percent who said their view had improved. That question was asked in nine of the countries, but not in Russia.

Seventy-four percent of Japanese, 70 percent of French, 67 percent of South Koreans, 64 percent of Canadians and 60 percent of Spaniards said they had a worse opinion of America now than two to three years ago.


http://abcnews.go.co...Story?id=168310

#87 soup

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Posted 15 October 2004 - 12:38 PM

Regardless of what the grand statist sez, regardless of the economic numbers, the put sellers needed the mkt up for expiration. Let them eat cake, round 2 commences next week.
""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

#88 brian4

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Posted 15 October 2004 - 12:40 PM

Opening in 2 minutes till 2 PM EST!

#89 The Mad Hungarian

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Posted 15 October 2004 - 12:46 PM

brian4,
Congratulations on your great call on Pfizer, even with Viagra, the stock is flaccid! :D

#90 purdymouth

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Posted 15 October 2004 - 12:47 PM

brian4,
Congratulations on your great call on Pfizer, even with Viagra, the stock is flaccid! :D

http://story.news.ya...ealth_pfizer_dc





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