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Post by traelin0 on Dec 28, 2010 19:44:04 GMT -5
Stay Put Message #1483 - 07/15/10 04:25 PM
Can you believe just how many corporations pay this guy for for his forecasts. Here's another "doom and gloomer" who seems to repeatedly hit the mark concerning our economy and the markets, while the White House and all of their cronies are calling for a recovery. This recovery lie of course is parroted by all of the sheep who just can't stand the idea that the U.S. is actually facing a Depression for the next 10 - 15 years.
Once a Depression can no longer be denied by anyone, then all of the finger pointing as to who is to blame begins. Wait a minute. The reckless spending Dems (countless bail outs, 1/6th of the whole economy on healthcare for less than 10% of the population, printing presses running non stop, voting for no budget accountability, cap and spend, and countless other spending packages too numerous to list) have already started the blame game.
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Post by traelin0 on Dec 28, 2010 19:44:33 GMT -5
Goober Steve Message #1484 - 07/15/10 05:22 PM
The plot thickens big time on Duff's BP info blackout post! RDT I made a post for you today "Lies Divide and truth sets you free" Take a look. Wow today was a fun trading day.
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Post by traelin0 on Dec 28, 2010 19:46:45 GMT -5
ReformedDayTrade Message #1485 - 07/15/10 07:46 PMCycles and fate Charles Nenner believes the stock market, like the economy and indeed the universe, is predetermined. In a phone conversation from Israel, Nenner outlined a rather bleak future: Stocks should rise to an important top sometime in September, before a two-year fall. Nenner's work is based on cycles. His research focuses on uncovering and harnessing the overlapping patterns that are at work in the world. Technical analysis is already something of a dark art. Cycle work is on the fringes of what is already seen by many as a pseudoscience. But Nenner has demonstrated a downright-scary ability to glimpse into the future. And that's why hedge funds and other institutional traders pay top dollar for his insights. On the surface, believing that markets operate on some unseen wavelength is at once ridiculous and curiously plausible. After all, our lives are controlled by cycles: the cycle of night and day, the workweek, the seasons, the human gestation period of 40 weeks, the tides and the weather. Though it's not perfect, Nenner's track record suggests he could be on to something. Nenner caught a lot of people's attention when he warned of trouble in 2007 and recommended people stay out of stocks throughout 2008. In February 2009, he predicted a major rally would start "in a few weeks" and take the S&P 500 Index ( $INX) up over 1,000. And in April 2009, he said gold would go on to a new high in a year. Both predictions came true. In a May 31 note to clients, Nenner said that the stock market's rise in late May was a head fake and that another low was due around June 11. The actual date was June 8. His cycle work then showed a dramatic slide lower starting in late June and continuing into July. That's exactly what happened. Next, Nenner expects an intermediate high for stocks later this month, followed by a late-August slide that retests recent lows and then a strong rebound into September. Though the short-term outlook doesn't seem so bad, Nenner's medium-term forecast is rather gloomy. After the September bump, the cycles suggest stocks should fall into a major low due Christmas Eve. How major? Think of the November 2008 to March 2009 period. Something like that. As for a specific price target, Nenner believes the Dow Jones Industrial Average ( $INDU) should return to the 7,000 level sometime over the next two years -- which would be a return to the levels predicted if one were to draw a simple trend line based on the average performance of the stock market over the past 50 years. But given the stock market's propensity to overshoot or undershoot fair-value levels, Nenner emphasizes that a drop to as low as 5,000 for the Dow is very possible. (The Prechter prediction put the bottom from 1,000 to 3,000, five to seven years from now.) The economic context for this outlook is, as you would expect, grim. In Nenner's words: "Expect a weak economy for the next 10 years. We could see big up moves in stocks, but the economy is going nowhere." Think unemployment and deflation -- a scenario I discussed in a recent column, " Will falling prices sink the economy?" Click graphic to see interactive chart If the economy and stocks are going nowhere, Nenner recommends that investors focus on tangible assets such as farms, food commodities and shares of agricultural stocks like Monsanto ( MON, news, msgs). Normally, "people are always trying to make money with their investments." But now the focus should be on "trying not to lose money." Nenner recommends avoiding long-term bonds and is somewhat skeptical of gold. One easy way to heed Nenner's advice is through the PowerShares DB Agriculture ( DBA) exchange-traded fund, which invests in a number of agricultural commodity futures. The heaviest allocations are given to corn, soybeans, sugar, wheat and cattle. But things like cotton and coffee are included, too. articles.moneycentral.msn.com/Investing/MutualFunds/could-the-dow-fall-to-1000.aspx
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Post by traelin0 on Dec 28, 2010 19:49:07 GMT -5
Stay Put Message #1486 - 07/15/10 07:56 PM
Wait a minute. Where did I hear about investing in corn?
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Post by traelin0 on Dec 28, 2010 19:49:39 GMT -5
Goober Steve Message #1487 - 07/15/10 10:22 PM
SP and anybody else there is a new corn ETF out and wheat and soy beans are due out shortly ticker (CORN). They are all being brought out by the Teeucrium Fund. They have some more coming as well. Wheat and soy beams are almost approved and ready to hit the markets. I believe they also have sugar/cotton and some form of pork coming as well. Interesting, it will create a new market for people who can't or don't want to open up a futures acct.
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Post by traelin0 on Dec 28, 2010 19:50:26 GMT -5
Stay Put Message #1488 - 07/16/10 03:19 PM
Excellent point.
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Post by traelin0 on Dec 28, 2010 19:51:56 GMT -5
Stay Put Message #1489 - 07/16/10 04:56 PM
Goober, rather than continually brining up facts that dispute all of the false assertions by the Progressive sheep, why not just ignore them. I don't mean completely, but I will not go on to strings posted by those people who want to argue for no other reason than to argue. Doing that, their strings usually just fall into oblivion and die on their own.
They will use the most provocative headlines, to get you to come on board and participate, but I usually just ignore them most of the time.
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Post by traelin0 on Dec 28, 2010 19:53:00 GMT -5
Goober Steve Message #1490 - 07/16/10 05:46 PMSP - My posts for RDT are not just for RDT. He is the poster boy of believing what the gov puts out and in my own way I am actually trying to help people understand that they can actually take control and use the illusions to their own benefit and literally beat the system that has screwed them. I have been doing this quite successfully for some time now. I won't beat my head against the wall and have seen that most are simply "afraid" to help themselves. I don't have the same background of animosities that you guys do, so I have no axes to grind. I suppose time will prove the points, but my perspective is to help a few people BEFORE hand , not after. Most are not listening, but oh well! I tried... ;D Beyond that , I have a serious problem with some of the censorship and guidance on this site, largely because most of the time you can't really say what you want to say? In that touchy feely environment how can anything ever change or be accomplished even in a discussion? The truth is, it really can't because truth is hobbled by niceties. In the end everybody goes around in a giant circle jerk and any advancements are VERY SLOW to come. There is a purpose , but it is VERY SLOW under constraints of real communications. Basicly this is part of the reason we are where we are. LOTS of constraints and very little truth. The realities of the world we live in are not at all always "niceties and touchy feely goodness for all events" So growth and change are in fact hampered. Look at all the lies and betrayals of our so called leaders to us the people. I would say we have good reason to be pissed and voice that as necessary to get the appropriate changes, as we have all in fact, been raped on many levels. So the idea that you can't say this or that seems totally absurd to me and a large reason I am leaving. Not just this site of course but the permeation of such thinking in our society. I have been fed up for quite a while. I have always lived considerably less constrained than the majority of people on this site, so I have a hard time with some of it. I simply want to help a few think and move on with my own plans. I guarantee RDT and others will learn something from all of this but it might take a while and likely considerably more suffering before that happens. That is how it works after all. Some people see things at different times for different reasons. Depends on where your starting from? Good luck in all endeavors. Today was another great trading day!!!!!!!!!!!!!!!!!!!!!! ;D Keep em coming Mr Obama, those illusions are great!
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Post by traelin0 on Dec 28, 2010 20:14:39 GMT -5
Stay Put Message #1491 - 07/16/10 10:25 PM
My own posts have attempted to do that as well, but there comes a time (I believe) when you realize that there are simply some who will not be saved no matter how hard anyone tries to get them to see the truth and to start preparing for all that is to befall this once great nation of ours.
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Post by traelin0 on Dec 28, 2010 20:15:43 GMT -5
Goober Steve Message #1492 - 07/16/10 11:27 PMBelieve me I am well aware of those points and past. The effort to share some ideas is not all that big a deal. when I get busy with more important things I don't spend hardly any time at it. But when I have had time recently I have. In the last 3 months I have made a tremendous amount of money from Obama/GS/JPM manipulations and have been wiling to share the information with others. Kinda like this www.zerohedge.com/article/pressure-test-failing-stopping-short-target this entire deal has been a complete fiasco of lies and manipulation as well as contrivance by both BP and the administration. Just by following it and understanding what was going to happen next with the stock price I have made more money than most people make in 3-5 years all in 3 months. It is all about paying close attention. It is that simple. It is in fact quite predictable, not just BP but the market swings in general. It is getting so effective I am starting to scare myself. Today was another incredible day. I went short FAZ/SKF/GOOG/BAC/MC on Weds and cashed out at close today huge. Also sold longs on BP Tues and will reenter on Monday likely with more shorts. Its nothing more than paying attention. I really started hitting them hard when Europe was tanking and have never stopped since so my run has been almost 6 months and I took a 1 month vacation in the midst of it all.... I want to learn more about futures and currencies so I have more confidence on a macro scale and then
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Post by traelin0 on Dec 28, 2010 20:17:55 GMT -5
ReformedDayTrade Message #1493 - 07/17/10 08:39 AM
Liz Ann Sonders Senior Vice President, Chief Investment Strategist, Charles Schwab & Co., Inc.
Key points
The market remains relatively range-bound as it adjusts to slower economic growth. Investors are looking to corporate earnings reports for more clarity, but the outlook will likely remain hazy for the foreseeable future.
Economic data has been consistent with a soft patch. Jobs data has been disappointing and other reports have been moderating. But most historically reliable indicators still show little chance of a near-term return to recession.
Deflation remains a concern globally, and governments have a tough balancing act between reducing spending and not stifling growth. China is backing off its tightening campaign and seemingly remains flexible.
Economic data has been murky at best, leaving investors uncertain about what to do going forward. Are we headed into the dreaded double-dip recession that's received more and more media attention? Or are we settling into an economic growth rate that, after the initial V-shaped rebound off the economic trough, is more consistent with low but stable growth? We lean toward the latter.
Today's uncertain environment is why maintaining a disciplined, diversified investment strategy is so important. Market forecasts by economists, strategists and investors for the rest of the year have some of the widest ranges in history, and are indicative of the confidence/certainty gap that's omnipresent. And it isn't possible to predict with any certainty events such as the Gulf oil spill, riots in Greece, the European debt crisis or the pace of slowdown in China.
As a result, the only investing strategy that we believe has staying power is that of having a well-diversified portfolio with your long-term goals in mind. As a reminder, we don't recommend investing any money in equities that you may need in the next three to five years. As we've seen, things can be very volatile over time spans shorter than that, which could affect your ability to meet your financial goals.
As noted, we do remain relatively optimistic on the economy and the market, and suggest that if you determine you need to add to your equity exposure, do so using oversold conditions as they arise.
Earnings season now in full swing With economic data remaining murky, investors are hoping for some clarity from the corporate front as second-quarter earnings season rolls on. Investors should pay more attention to what companies say about their current operating environment than the actual second-quarter results, which only reflect the past.
Specifically, are companies finding reasons to invest in new employees and equipment due to increase in demand? Are they more willing to borrow money and are they finding lenders more willing to make loans? Are they becoming more comfortable with developments in Washington as they attempt to plan for the future?
To this relatively early point in the reporting season, results have largely bested muted expectations, with confidence about the continuation of the economic recovery relatively pervasive. There are certainly still plenty of concerns and uncertainty in the corporate sector, but the relative optimism gives further credence to continued stabilization in the economy.
One note on valuation as we continue to look at earnings season—more companies are using their cash stores to start or increase dividend payments. This has moved the dividend yield on the Dow Jones Industrial Average to around 3.0%, right around the yield on a 10-year US Treasury. According to BCA, the last time this occurred was during nadir of the financial crisis in 2009. For investors who've completely shunned stocks in favor of Treasuries, keep stock dividends in mind in light of the appreciation potential that's there as well.
Double-dip—we don't think so The likelihood of a rare back-to-back recession got a lot more attention recently as some economic indicators have pulled back from the highs they reached during the recovery. We believe that the possibility of such an event is still relatively remote.
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Post by traelin0 on Dec 28, 2010 20:21:09 GMT -5
ReformedDayTrade Message #1494 - 07/17/10 08:41 AM conditions and, as such, it remains quite steep—longer interest rates much higher than shorter rates. It's when the curve inverts (short rates higher than long rates) that the probability of a recession greatly increases. Yield spread to fed funds still positiveClick to enlargeSource: FactSet, Institute for Supply Management, as of July 13, 2010. Other economic data has confirmed that growth is slowing, but not contracting. The Institute for Supply Management Manufacturing Index for June pulled back to 56.2 from 59.7, while the ISM Non-Manufacturing Index—which tracks the more dominant service sector—declined to 53.8 from 55.4. Readings greater than 50 point to an expanding economy, albeit leveling off. ISM readings moving into more sustainable territoryClick to enlargeSource: FactSet, Institute for Supply Management, as of July 13, 2010. Admittedly, there's been some downright weak data recently. Pending home sales fell 30% in May, beginning what we believe is likely to be a string of weak housing data as we give back some of the gains seen prior to the expiration of the homebuyers' tax credit. We don't believe this foretells a renewed deep drop in housing, given that mortgage rates are historically low, housing affordability is historically high and inventory levels are slowly ebbing. Data should start to smooth out and indicate continued stabilization in housing as we head into fall. Government still a wild cardPerhaps the biggest threat to our sanguine view is the action of governments both in the United States and around the world. Bloomberg recently reported that Organisation for Economic Co-operation and Development (OECD) countries will reduce their budget deficits over the next fiscal year by 1.6%—the most since records began in 1970. While there's little doubt record deficits need to come down, the methods by which they're tackled will be crucial. In the United States, there's a fierce debate as to whether now's the appropriate time to rein in spending, with economic recovery still in question. Given anemic job growth, the temptation is to throw more money at the problem—which has so far proven relatively unsuccessful in inspiring hiring. As we've noted before, there are three main ways budget deficits can be reduced—tax increases, spending cuts and/or economic growth. It will likely require a combination of the three, but we remain hopeful that incentive-stifling tax increases will make up the smallest part of that three-legged stool. Perhaps most important would be more clarity about government action going forward, as the National Federation of Independent Businesses recently noted that uncertainty regarding tax rates and health care policy is pushing small businesses to delay capital investment and hiring. Global deflation: The worry that stems from "double dip" talkBut it's not just domestic concerns dominating the landscape. Global risks, such as the European debt crisis and resulting economic slowdown, along with the lower pace of growth in China, have spread and pulled US growth down along with them. While some global economies could contract (notably in Europe), we believe most will avoid double-dip recessions. Emerging economies, which have grown in importance and contribution (nearing 50% of global GDP on a purchasing-power basis), should enable positive global growth. However, it's the trend in earnings estimates that matters to markets in the near term—stocks struggle when uncertainty is high and when forecasts are reduced. Therefore, stocks have declined, likely pricing in slowing growth. Further downside in stocks may be dependent on whether economic growth slows enough to risk deflation (a period of declining prices). The problem in a deflationary period is that "cheap money" may not stimulate demand, generating a so called "liquidity trap." While inflation has remained positive, the low level of demand, high uncertainty and the deleveraging process have prompted banks, consumers and businesses to hoard cash. Thus, despite the massive injection of money by central banks globally, the money
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Post by traelin0 on Dec 28, 2010 20:24:30 GMT -5
ReformedDayTrade Message #1495 - 07/17/10 08:46 AMmultiplier—where deployment of cash results in successive rounds of sales, consumption and investment—is not working efficiently. Deflation becomes an additional risk to growth if consumers believe that prices could be lower in the future and postpone purchases and investment. Lower demand results in a drop in production, job cuts and wage decreases, resulting in a reinforcing and detrimental "feedback loop." As measured by the "output gap," there remains excess factory utilization and elevated unemployment, particularly in advanced economies. Add in low economic growth, and this creates potential for deflation in developed countries, as prices typically lag. Excess capacity can lead to lower pricesClick to enlargeSource: FactSet, OECD, European Central Bank, US Department of Labor, as of July 13, 2010. Output gap is the difference between potential GDP and actual GDP. A negative reading equates to excess capacity. The figure takes into account both factory capacity and labor supply. Monetary and fiscal policy hampered, deflation has currency implicationsMarkets dislike the prospect of deflation because it is difficult to tackle. While high rates of inflation can be fought with rate increases, deflation has less blunt tools with which it can be tackled. With governments limited in providing further fiscal stimulus due to high debt levels and benchmark interest rates at zero, one of the remaining levers to create growth is changes in foreign exchange rates. This is typically achieved by flooding the system with money, aka "printing money." The implication is that excess money in the system eventually creates inflation, and rising asset prices help "disguise" debts. Using the housing market as an example, higher home prices create an "equity cushion" as the asset appreciates in value, while the value of the associated debt remains relatively stable. However, currencies are relative, and not all countries can devalue their currencies at the same time. For example, weakness in the euro during the second quarter is already boosting German exports, but the resulting relative increase in the US dollar lowered growth prospects for US exports, and the June ISM reports showed significant declines in export orders. Currency movements are relativeClick to enlargeSource: FactSet, Bloomberg, Federal Reserve, as of July 13, 2010. The euro declined rapidly on rising concerns about both government and bank balance sheets in the region. The threat level from the European debt crisis eased after authorities issued the 750 billion-euro rescue package and the European Central Bank extended liquidity provisions. The euro has recently bounced and the US dollar index has resumed its decline. We believe the euro and US dollar could be less volatile over the medium term as many risks have been digested. However, dollar optimism is still elevated, and the dollar could weaken further over the near term, boosting international investment returns. Is fiscal austerity good or bad?Tensions over the European sovereign debt crisis remain. However, each successive government debt maturity has been greeted with less anxiety, and markets have funded debt at rates below recent spikes, despite higher year-to-date yields. Growth forecasts, particularly for 2011, have been reduced for nations that are planning significant budget reductions. But is fiscal austerity all bad? Cutting spending and deficits can be good, particularly as many advanced economies are near or above the 90% debt-to-GDP level at which growth becomes constrained due to ever-higher interest burdens. Indeed, governments need to walk a fine line between lowering deficits and maintaining "growth-friendly" policies. The International Monetary Fund (IMF) has said that most advanced economies do not need to tighten monetary policy before 2011, as earlier tightening would "undermine the fledgling recovery." The IMF believes that current forecasts that imply an average 1.25% decline in 2011 deficits as a percent of GDP are "broadly appropriate." ©2010 Charles Schwab & Co, Inc. All rights reserved. Mem
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Post by traelin0 on Dec 28, 2010 20:25:21 GMT -5
AEKara Message #1496 - 07/17/10 11:34 AM
Goober and the rest of the gang in here I want to personally say thanks for your posts. Goober I also made a bundle of cash on shorting BP. I was lucky since I was in BP for 8,000 shares (bought them last year for the dividend and bright at the time future of this company) and got out the minute I saw that oil rig on fire having learned my lesson for the Exxon Alaska fiasco. I pocketed a nice 17 dollar per share profit.
I didn't hit the puts as hard as I should however and worse I didn't risk as much as I should. all in all however I netted 29K from shorting it so far and now I am looking real hard at the current price thinking WHY is this company at this level with all this risk hanging on it. So anything you want to share I would be happy to listen because I am thinking on pulling the trigger on the August 35 puts.
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Post by traelin0 on Dec 28, 2010 20:25:54 GMT -5
Goober Steve Message #1497 - 07/17/10 10:34 PM
Aekara - Glad to hear you got out and paid attention Within the first week I bought 200 contracts between 60/55 and rode it down to the 30s. All were over 200+ % and many were over 400% a few 500%. The entire thing has been a bad exercise in facts and truth. Go over to DUffs post here on "BP truth being withheld" and you will see that as of FRiday night(last night) the pressure test has failed. I have kept an on going update over there as well. No question it pays handsomely to pay attention. I ahve been boith long and short on this si t hasa been fun to sat the least and quite a ride. I isn't over yet eihter. Good luck to you as well!
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Post by traelin0 on Dec 28, 2010 20:30:45 GMT -5
ReformedDayTrade Message #1498 - 07/19/10 05:30 AMNEW YORK — Economists say the U.S. recovery continued during the second quarter of this year with more businesses hiring workers and fewer cutting jobs, but the pace of growth has slowed, a new survey shows. The National Association for Business Economics said its latest survey, released Monday, found 31 percent of businesses added workers between April and June, the highest level in three years. And 39 percent of those surveyed say they expect to hire more workers over the next six months — the most since January 2008. Manufacturers reported the strongest increase in demand and profitability. Finance, insurance and real estate sectors saw the slowest growth. The number of respondents who think real gross domestic product will expand by more than 3 percent this year slid to 20 percent from the 24 percent who expected that rate of growth in April. But sixty-seven percent of respondents still believe the economy will expand by more than 2 percent in 2010. "NABE's July 2010 Industry Survey confirms that the U.S. recovery continued through the second quarter, although at a slower pace than earlier in the year," William Strauss, of the Federal Reserve Bank of Chicago, said in a statement. "Industry demand increased for a fourth consecutive quarter, although at a slower pace. Price and cost pressures were contained, allowing profits to edge higher. Credit and debt issues in Europe will likely negatively impact just over a third of the surveyed firms over the next three months." The number of companies reporting layoffs and job cuts through attrition is down by half from a year ago and about steady with the first quarter of this year, NABE found. Meanwhile, the number of businesses hiring jumped to 31 percent from 6 percent at the same time last year, and is up from 22 percent of those surveyed at the end of the first quarter. Goods-producing companies are doing most of the hiring, with only the services sector continuing to anticipate layoffs, the survey said. The service sector remains a victim of weak consumer confidence. A volatile stock market, 9.5 percent unemployment rate, lackluster wage gains and a stalled housing market caused shoppers to clamp down on their spending in May and June. An economic report released Friday showed that consumer confidence fell in July to its lowest point in nearly a year. Of the 84 NABE members from private sector and industry trade associations that responded to the latest survey, 52 percent said demand increased in the second quarter. Thirty-eight percent said it remained steady. Companies that raised prices outnumbered companies that cut them by three to one, which helped profit margins edge higher overall. However, that growth "slowed to a crawl," as materials costs continued to rise. While a quarter of those surveyed said their profit margins grew, 21 percent said margins shrank — versus 11 percent reporting declining margins in the first quarter. Companies with overseas-based operations said sales growth abroad weakened in the second quarter. Looking ahead, most of the economists say the eurozone's debt crisis will have little or no effect on their business. However, more than a third of those surveyed think Europe's credit woes, austerity measures and the stronger dollar versus the euro will moderately hurt growth. Spending on building is expected to decline, but nearly half of companies say they plan to spend more money on computers and communications equipment. That jibes with evidence from recent earnings reports that show large corporations are buying more computers. Chip maker Intel Corp. reported last week that companies are feeling more confident about freeing up their technology budgets and are starting to upgrade their workers' PCs. The NABE survey was taken between June 11 and June 29. www.msnbc.msn.com/id/38300571/ns/business-eye_on_the_economy/
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Post by traelin0 on Dec 28, 2010 20:31:18 GMT -5
Goober Steve Message #1499 - 07/19/10 01:37 PM
RDT - Did you see what happened to Lt. Col Chessani? The very same people that are pulling his string are the exact same people that are pulling your string and you are lapping it up. Stop and think?
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Post by traelin0 on Dec 28, 2010 20:32:52 GMT -5
MinnesotaGovtGuy Message #1500 - 07/19/10 02:21 PM
Yes. ;D
I started prepping for it (whatever the cause of the collapse will be doesn't really matter because the outcome is the same) back in 2008. Once the Democratic Party primaries were down to Hillary Clinton and Obama is when I knew to start prepping. Once Obama won the Democratic Party primary I kicked the accumulation of preps up a notch. And as we drew near to November 2008 and it was apparent that McCain stood little chance of winning I kicked it into high gear. I am now sitting in a comfortable position for my family should America experience some for of a social and/or economic breakdown that lasts a few weeks to a year.
While I do not believe we will see a collapse of our society and/or economy in the next year, or even the next 5, it is inevitable in my lifeime. The only real questions are when and what magnitude. Being preparred for a major event that never transpires is better than not being preparred for one that does. Same analogy as gun ownership. Better to have a gun and never need it (for self defense) than need it but not have it.
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deziloooooo
Senior Associate
Joined: Dec 20, 2010 16:22:04 GMT -5
Posts: 10,723
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Post by deziloooooo on Dec 28, 2010 20:45:48 GMT -5
Trae to save time for some of us..me, when i see something new on this thread, is it just you continuing to bring over olf posts, example , last one above from, 7/03/2010...basially nothing new added , except a occassional like this one?
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Post by stayput on Dec 28, 2010 20:51:16 GMT -5
dezi, don't give up so easily. RDT can always be depended on changing his old posts. I can't prove it, but I think that he had something to do with history books that we find in our schools now.
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Post by traelin0 on Dec 28, 2010 20:52:16 GMT -5
Trae to save time for some of us..me, when i see something new on this thread, is it just you continuing to bring over olf posts, example , last one above from, 7/03/2010...basially nothing new added , except a occassional like this one? There are new posts scattered throughout, but I wouldn't bother reading it until it's 100% migrated.
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Post by stayput on Dec 28, 2010 20:53:36 GMT -5
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Post by traelin0 on Dec 28, 2010 21:18:55 GMT -5
fiscan Message #1501 - 07/19/10 02:38 PM
Uhhhh, you're welcome.
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Post by traelin0 on Dec 28, 2010 21:19:48 GMT -5
MinnesotaGovtGuy Message #1502 - 07/19/10 02:48 PMNo need to thank you. I've been a firm advocate of exercising 2nd Amendment rights for a long time and have enjoyed that right myself for nearly two decades, long before I came to this board. Oh, I lost all my guns and ammo in a freak boating accident.
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Post by traelin0 on Dec 28, 2010 21:20:32 GMT -5
fiscan Message #1503 - 07/19/10 02:57 PM
Ok MGG, you don't have to thank me. It would have been nice though. Oh well.
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Post by traelin0 on Dec 28, 2010 21:21:09 GMT -5
MinnesotaGovtGuy Message #1504 - 07/19/10 03:05 PM
I will thank you for hopefully opening the eyes of some people that were entranced by an illusion called Barack Hussein Obama and his lies of Hope & Change. When the breakdown of the fabric of our society and economy happens those without sufficient food stores and supplies (and a sound plan), and a means to defend those supplies, will find the real world and mankind to be harsh and unforgiving. When the collapse happens many good people will suffer, and liberalism, conservatism, Democrat or Republican won't matter one whit.
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Post by traelin0 on Dec 28, 2010 21:21:58 GMT -5
Goober Steve Message #1505 - 07/19/10 07:02 PM
Occassionally, Brit humor is actually funny?
Pretty good description. Too bad it's true so we can only laugh so much? ;D
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Post by traelin0 on Dec 28, 2010 21:22:46 GMT -5
Goober Steve Message #1506 - 07/19/10 07:11 PM
' Being preparred for a major event that never transpires is better than not being preparred for one that does."
I agree with that. There is only so much one can do, but what I find amazing is that most of those things aren't that big of a deal and paying attention is free! So why not at least give some thought ? Just thinking in terms of protecting one self from gov stupidity seems quite prudent if not 100% necessary . ;D
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Post by traelin0 on Dec 28, 2010 21:23:24 GMT -5
Value-Buy Message #1507 - 07/19/10 07:14 PM
If deflation hits, will you be prepared?
Or should we start a separate thread?
Deflation will have guns, politics, and gold, silver, and corn futures involved with it ;D
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Post by traelin0 on Dec 28, 2010 21:23:55 GMT -5
Goober Steve Message #1508 - 07/20/10 12:22 AM
Time to get short again. The charts are indicating a big downside and the IBM/TXN earnings today pushed it over the edge. See what happens with GS in AM and be ready to pounce. We're gonna break 10,000 this week I believe perhaps in just a day or two. RDT are you listening? ;D
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