Guest Posted February 17, 2004 Report Posted February 17, 2004 Wal-Mart's Seiyu in 2003 Loss By Yuko Inoue, 2/17/2004 TOKYO (Reuters) - Wal-Mart Stores Inc. Japan affiliate Seiyu Ltd. booked a net loss for a second straight year on Tuesday, with slow sales adding to its problems as it tries to adopt its U.S. parent's systems and strategies. http://www.boston.com/business/articles/20...u_in_2003_loss/
brian4 Posted February 17, 2004 Report Posted February 17, 2004 well we got the move but it inverted and was up-the high from last week was 1158.89 intra day and then it collapsed-will it this time?? window now closed so it is on its own for awhile.
Guest yobob1 Posted February 17, 2004 Report Posted February 17, 2004 Hi Ho Silver and away! You have to go back over six years to find an intraday high over the current 6.73. Hmm, somebody's shorts are smoking and it ain't due to all that lovin. The 6.65 on Jan 12, 2004 is the next closest intraday high, so I wouldn't expect that there can be many shorts above that? $7.81 intraday was achieved on Buffet's purchasing in Feb 1998 though I think the close was never higher than about $6.60. Soup they will until they can't. And I think they will find they can't for much longer. They have no other bullets left and the last time they went this far and then took the punch bowl away, well we all remember the Spring of 2000. I think most of the distribution has taken place and the "right" bagholders are in place. I also believe if this thing turn South in a big way, people aren't going to hang around like they did the first time which should only add fuel to the fire. Throw in the program trades kicking into reverse and we have a setup for a long sheeple slaughter. I really don't feel we've had our "1929" yet. Of course I know nothing and trading on anything I say would be really stupid.
soup Posted February 17, 2004 Report Posted February 17, 2004 yobob: I was just commenting on IDS, about how bullish everyone was on inflation/stocks moving higher and the ability of central planning to cure all that ails. THe bullsih consensus on both the fed's ability to reflate all our troubles away and for stocks to continue higher is unprecedneted, the boat has never been so lopsided.
Guest Posted February 17, 2004 Report Posted February 17, 2004 More Sara Lee cuts coming By Kelly Townsend The Times-Journal Published February 17, 2004 Another 55 employees at Sara Lee Bakery in Fort Payne are expected to lose their jobs by the end of February, union officials said Monday. http://www.times-journal.com/report.lasso?wcd=1813
DrStool Posted February 17, 2004 Report Posted February 17, 2004 Massive Feed Al Buys The Bonds Today's Fed Feed Report is now updated. How can you expect to know how things will come out if you don't know your Feed? It's in your Anals daily. Take a subscribatory and download your Feed report and analysis RIGHT NOW! 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW!
Guest bullseatshitndie Posted February 17, 2004 Report Posted February 17, 2004 the fed is a fricking joke, they ahve never , ever, been easier. How the F can tey keep rates suppressed at 1% if they were not puttin the pedal to the medal. This whole frickking bubble(s) ( stocks, housing, junk credit) is a massive coverup for bubble number 1. when the sheet hits the fan, avg joe going to wish for nuclear winter, because what's coming ahead(couldn't tell u when) financially is going to be deadly
soup Posted February 17, 2004 Report Posted February 17, 2004 and no we have not had our 1929 . Not saying I know from where, but the massive consensus that we are out of the woods virtually gtds that we have not even entered said woods.
soup Posted February 17, 2004 Report Posted February 17, 2004 Doc: The CB"S are the only bid in town, for both stocks and bonds. I get dizzy thinking about the situation. Why even have auctions? why have a stock mkt? The fed is buyer of last resort, and we are in the last inning. It is fricking insane.
soup Posted February 17, 2004 Report Posted February 17, 2004 sure, at the margin we have short covering, but it is the fed buying that kicks it off. Too freaking surreal.
Guest Posted February 17, 2004 Report Posted February 17, 2004 Irrational factory exuberance? The manufacturing sector is recovering nicely, but not quite as nicely as surveys suggest. " It's unlikely that most or all of the millions of jobs lost in recent years will ever return." http://money.cnn.com/2004/02/17/news/economy/manufacturing/ This is a very good read
Guest yobob1 Posted February 17, 2004 Report Posted February 17, 2004 It occurs to me that AT & T wireless being sold to another cell company means that there will be redundancies in both equipment and people. All of this cheering can only be by the finanical stooges and not the ones who work for either company or those that supply equipment to both or for the 'tronics industry in general.
Guest Posted February 17, 2004 Report Posted February 17, 2004 Yobob1, You are absotootly correct. The anal cyst Comack said he expects there to be significant layoffs because there is so much overlap between the companies. "They don't need the AT&T Wireless employees at all. They might save some salesman, but everything is redundant," Comack said. "Cingular doubled their customer base and doubled their spectrum, but they can run that with the same amount of employees." http://www.appeal-democrat.com/articles/20...s/d80p4u900.txt
soup Posted February 17, 2004 Report Posted February 17, 2004 Yobob: Not too worry. The central planning statists at the fed will inlate away all our problems.
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