mirac Posted November 9, 2004 Report Posted November 9, 2004 What this? Someone else noticed all the 'one-time charges' in the latest quarter. Thought it was just in our little version of the financial universe. http://www.usatoday.com/money/companies/ea...pro-forma_x.htm
DrStool Posted November 9, 2004 Report Posted November 9, 2004 Rich Uncles Play Their Hands Generous Monday, Will They Still Love US Wednesday? Your Anals are loaded. Take a subscribatory and download RIGHT NOW! 30 Day Intro Subscribatory. Just $16.99! Get In RIGHT NOW!
machinehead Posted November 9, 2004 Report Posted November 9, 2004 Al Gore, portfolio mismanager: Al Gore, the former US vice-president, is to put his expertise in global sustainability issues into practice with the launch today of a fund management firm. Mr Gore has teamed up with David Blood, former chief executive of Goldman Sachs Asset Management, to set up Generation Investment Management, a London-based boutique that will invest in global equities. The firm aims to deliver higher investment returns by integrating traditional equity analysis with sustainability research, a fledgling area that combines the principles of economic growth, environmental stewardship and social accountability. Mr Gore ... is on the board of Apple Computer and is a senior adviser to Google. By popular demand Triple-digit PE at Gurgle ... yeah, that sounds sustainable ... till next week ...
dozer Posted November 9, 2004 Report Posted November 9, 2004 Al Gore, portfolio mismanager: Al Gore, the former US vice-president, is to put his expertise in global sustainability issues into practice with the launch today of a fund management firm. Mr Gore has teamed up with David Blood, former chief executive of Goldman Sachs Asset Management, to set up Generation Investment Management, a London-based boutique that will invest in global equities. The firm aims to deliver higher investment returns by integrating traditional equity analysis with sustainability research, a fledgling area that combines the principles of economic growth, environmental stewardship and social accountability. Mr Gore ... is on the board of Apple Computer and is a senior adviser to Google. By popular demand Triple-digit PE at Gurgle ... yeah, that sounds sustainable ... till next week ... I loved that part about "economic GROWTH...and sustainability". Freaking contradiction in terms....not that that ever slows the propa-wizards down...
Dharmaeye Posted November 9, 2004 Report Posted November 9, 2004 CEF, the closed-end version, was down today. However, as I think you pointed out the other day, CEF is still the vehicle for silver exposure (50% of their stored bullion is silver). CEF closed with a premium of 8.7% today which is the lowest I've seen in a long long time. I'm adding on the open tomorrow. Have a look at the dollar charts: Chart history of premium. I got a 10.78% premium on CEF http://www.etfconnect.com/select/fundPages...s.asp?MFID=3653
Hiding Bear Posted November 9, 2004 Author Report Posted November 9, 2004 CEF, the closed-end version, was down today. However, as I think you pointed out the other day, CEF is still the vehicle for silver exposure (50% of their stored bullion is silver). CEF closed with a premium of 8.7% today which is the lowest I've seen in a long long time. I'm adding on the open tomorrow. Have a look at the dollar charts: You may have to push me aside first! While I was discussing the negative aspects to the ETF for gold, there are a few for US investors in CEF. Surprisingly the problems here are for non-retirement fund investors. While CEF is a regulated investment company under US rules, and therefore not subject to some special rules that might apply to Equity Gold, it is also a foreign investment company to US investors. What small dividends that might be received are taxed similar to ordinary income and not dividends taxable at 15%. Perhaps we will get some clarification on some of these conflicting points above by the end of this year - when I will try to look into the tax aspects of these funds in more detail. I also will be looking more closely at some oil/gas trusts, some US and some Canadian. In the case of these kinds of publicly traded trusts, there is no special tax consideration when held in retirement plan accounts.
lineup32 Posted November 9, 2004 Report Posted November 9, 2004 Cuban businesses can now only accept the "convertible peso" which has a face value equal to one dollar but which is worthless outside the country. now who would accept "money" that has no intrinsic value and is only worth something because the govt says so? i would take Cuban Cigars over dollars! :grin:
NWD Posted November 9, 2004 Report Posted November 9, 2004 Al Gore, portfolio mismanager: Al Gore, the former US vice-president, is to put his expertise in global sustainability issues into practice with the launch today of a fund management firm. Mr Gore has teamed up with David Blood, former chief executive of Goldman Sachs Asset Management, to set up Generation Investment Management, a London-based boutique that will invest in global equities. The firm aims to deliver higher investment returns by integrating traditional equity analysis with sustainability research, a fledgling area that combines the principles of economic growth, environmental stewardship and social accountability. "Expertise in global sustainability issues?!" "Higher investment returns [than buying Mexican lottery tickets perhaps?]" through "sustainability research?" Who's going to clean this coffee off my screen?
Guest Posted November 9, 2004 Report Posted November 9, 2004 I don't care what the damn indicators say when even we bears can make money randomly donging anything trading over 20 times book and 200 times earnings.... ...the end is near
Drano Posted November 9, 2004 Report Posted November 9, 2004 There seems to be a little problem with the Nas futures quotes. http://money.cnn.com/markets/morning_call/ Eother they're still posting this morning's chart -- or they're posting tomorrow morning's ! ! ! (Be sure you're looking at the Nas tab, not the SnP tab).
Drano Posted November 9, 2004 Report Posted November 9, 2004 Move over Al ! The bubble queen: http://start.earthlink.net/newsarticle?cat...D867MD201_story
Sea urchin Posted November 9, 2004 Report Posted November 9, 2004 Drano Thank you for your kind words on Sunday's M2M. I'm feeling much better... Maxxi miser Thank you for reminding me of BGO. I am kind of waiting FED meeting tomorrow and definitely waiting for Doc's analysis. Good day tomorrow! Sea urchin
beardrech Posted November 9, 2004 Report Posted November 9, 2004 Al Gore, portfolio mismanager: Al Gore, the former US vice-president, is to put his expertise in global sustainability issues into practice with the launch today of a fund management firm. Mr Gore has teamed up with David Blood, former chief executive of Goldman Sachs Asset Management, to set up Generation Investment Management, a London-based boutique that will invest in global equities. The firm aims to deliver higher investment returns by integrating traditional equity analysis with sustainability research, a fledgling area that combines the principles of economic growth, environmental stewardship and social accountability. Mr Gore ... is on the board of Apple Computer and is a senior adviser to Google. By popular demand Triple-digit PE at Gurgle ... yeah, that sounds sustainable ... till next week ... I loved that part about "economic GROWTH...and sustainability". Freaking contradiction in terms....not that that ever slows the propa-wizards down... Al Gore,the very name sounds as if it were the assistant to Frankenstein==Has anybody seen videos of this wretched man bellowing forth with stentorian epileptic apocalypticisms?? Like a whale harpooned he sends signals throughout the world anouncing the loss of his soul-- And now,the veins in his vorehead bursting with false passion, and like a luggish and maladroit thetre student egged on by a second rate stanislavskian tutor he signals the end of his spiritual voyage, terminating at arriving at the Great Garbage Pit Goldman Sax where seeking to enrich himself in an all purpose larcenous manner he disguises himself as an financial environmentalist--a wolf in sheeps clothing about to sheer the shareholding sheeple from their hard earned money This great shepherd of the great outdoors who was fined a number of times for failing to provide a number of his resident tenant farmers with minimal basic living standards--the shanties floating upon a sea of S**t overflowing from untended septic tanks beardrech Instead of the term limit fatuities, the lawmakers hsould incorporate a law at HUD obligating the Govt to freely distribute-to all needy ctizens-a variety ofwooden stakes
Whadda I Do Whadda I Do Posted November 9, 2004 Report Posted November 9, 2004 RGLD ready to break free....whoopeeee
FeedFool Posted November 9, 2004 Report Posted November 9, 2004 I did some R&D while you were trying to trade sleeping donkey. Thing do points to 20-24th Nov then one should see some flushing action. B wave from 2002 should provide ample resistance around 1172, down followed by Santa rally on low volume to complete the C wave. Feed, This can break either ways - as your chart in IDS showed, there is a bullish C&H and possible Inverse H&S forming. On Monthlies, their measured move is There is a strong Fib/Bradley confluence around Nov-10/12 and again around Nov-23/24. The Rt shoulder of the long-term H&S on SPX at 1172 should provide stiff resistance - but, keep in mind, that once the Rt shoulder is busted, the move up will be swift and strong. The move up from Oct-25 low is impulsive - 700 on Dow with heavy volume. The pattern does not suggest a blow-off top, though. Seasonaly, this is a strong period. Remember 2003 Dec? Dow/SPX were going higher but COMP was dragging and the bearish divergence on McClellan Summation was a sight to behold as were the bearish divergence on RSI and MACD on COMP - oh well, I learnt well enough not to short in December VXO is troubling - but here is a fact FWIW. The 95 bull was launched from a VXO reading of 14 (Not comparing 94 with 04 in general, but a low VXO in and of itself, is not enough) If indeed, the resistance at 1172 should be impregnable, then we will see a low volume retest of it and a few distribution days thrown in. IMHO, the time for crash this year has passed Lets just see how high see blows during the scam week then turn date isn?t very far. Also watch the Dow it shouldn?t make any new high for the year. Then see what Santa?s brings. Everyone was looking for 4 year cycles high but what they forgot was it was based on Bull market. Santa?s rally may break 1172 Who knows? Take care.
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