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Post by smackdown on Aug 28, 2011 13:24:23 GMT -5
Even wet losses are losses. Apparently the Exchanges survived the Hurricane because above all else, it's the most important thing New York has going on.
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Post by maui1 on Aug 29, 2011 15:08:51 GMT -5
the fed chair couldn't say yes to qe-3, nor could he say no, so he said "maybe". this sure sounds like being between a rock and a hard place, and not somewhere you chose to be.
playing golf this weekend, a friend in the 4some, hit his ball into the ruff and made this statement.....
"i am not where i want to be, but this is where i am" and i thought it was the most profound statement i had heard in a long time, and one that can be used in all ways of life, but surly one that describes where our gov't has put us.
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Aug 29, 2011 16:05:23 GMT -5
S&P up almost 3%  |
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Post by maui1 on Aug 31, 2011 9:52:58 GMT -5
but where are all the indexes compared to the start of the year?
if you are 'day trading' and can guess right every day, you might be up for the year, but chance proves that you wouldn't be.
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Aug 31, 2011 10:00:48 GMT -5
Dow is up for the year...just barely but up. I dont think most people bought all their stocks on Jan 1st 2011.
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Post by maui1 on Aug 31, 2011 10:06:44 GMT -5
but you keep spouting daily numbers each time the market moves up......which is less that the market moving down since the beginning of the year, but you don't publish these numbers......
i wonder why?
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Post by maui1 on Sept 2, 2011 12:18:00 GMT -5
3 months ago........i started this thread
the dow was at 12200
today.....3 months later it is at 11300
and during this time the dow went down to 10700
3 months and a dow down about 10% seems a better forecast than 9 months and gold up 500 from 1300, when it was predicted to "plunge" from there.
don't ya think?
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Post by maui1 on Sept 7, 2011 8:41:39 GMT -5
the market is up.........this time it is different! correct?
a slow bleed downward seems to sum up what is happening here.
buy down and you will end up broke, without something happening to change the world financial markets from debt focused issues, to that of a growth potential forecast.
there has been nothing other than world debt increasing proposed solutions, to this debt issue, none of which do anything but add to the debt issue and the uncertainly that will take the market down on the next bit of bad news.......which if you open your eyes, will be what you hear next.
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Post by maui1 on Sept 7, 2011 9:42:27 GMT -5
Most of the doom and gloom bloggers, at least those that are employed, are still investing their 401K money, hypocrites, yes hypocrites
there are more than one way to invest in a 401k
some are just happy with the matching funds and a conservative interest bearing return. this approach served me well, when all i heard was belly aching from everyone when their 'invested' 401ks were losing 60% of their net worth, and even now, while still losing value every month in this slow bleed.
and obama, though not doing the markets any favors, did nothing to get us in this 50 year debt direction, and did nothing to create the housing bubble that got us here.
changing the president will do nothing to change our debt direction, only market failure will do that, sorry to say.
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Post by maui1 on Sept 9, 2011 10:26:50 GMT -5
3 days ago.......the market is up almost 300 points and sucks in a few more suckers
yesterday and today the market is down those same 300 points and bleeds a little more money from these same suckers.
the market has a downward trend and fighting that seems a waste of good (?) money........but if some of you want to throw more good (not really/fiat) money after bad, it is your right to do so.
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Post by maui1 on Sept 9, 2011 10:55:04 GMT -5
10,988.05
-307.76 (-2.72%) Real-time: 11:50AM EDT
INDEXDJX real-time data - Disclaimer Range 10,988.05 - 11,294.83 52 week 10,386.63 - 12,876.00 Open 11,294.60
if i were one of you 'INVESTORS' i would be looking to put a tourniquet on my wallet, as you are losing blood fast.
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Post by lifewasgood on Sept 10, 2011 11:50:00 GMT -5
Nothing like a 300 point drop on a Friday afternoon. USAOne must be kicking himself for buying stocks on the way down.
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Post by frankq on Sept 10, 2011 12:17:46 GMT -5
Not at all life. We have confidence in the Capitalist system. You do not. Many of us recognize the fact that markets, ALL markets, are macro headline driven right now. We can, and have, used that fact to our advantage and many of us are making money. The buy and hold investor must be more patient. Dividends are king in stocks right now. Gold has had a great run, and and I have owned the GLD on and off as opposed to physical gold. If you like the metals, then good for you. If you are locked into one investment, at some point that's going to go badly for you. Gold is a panic/hedge play right now, but it too is headline driven and appears to be ranging between $1820 and $1890. I think you can buy into the movements by trading the GLD trust shares on gold dips below $1855 and sell at the $1885 level. The shares run about a 3% range or more and it's fast money in short order. The worst that can happen is that you hold shares in the gold trust that are easily and instantly liquid. There is nothing wrong with playing both sides of the issue.....
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Post by lifewasgood on Sept 10, 2011 12:34:58 GMT -5
We have confidence in the Capitalist system. You do not.
I do have confidence in Capitalism. However what we have today is anything but capitalism. Monopolized and protected markets is not Capitalism. Using public funds to prop and bailout is not capitalism. Having said that, My investments are not one sided as I have indicated many times. However, I bailed on stocks in 2003 and I see no reason to jump back in. Maybe one day, but not today.
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Post by lifewasgood on Sept 12, 2011 7:11:20 GMT -5
Fiscal insanity? Bank on it money.msn.com/investing/fiscal-insanity-bank-on-it-fleckenstein.aspxChaos and red ink were the order of the day early last week after our government let it be known it was going to sue a number of banks for bad behavior during the real-estate bubble. While I do agree that many banks misbehaved and paid bonuses on what were certainly phantom or illusory profits, if the government keeps hammering away at them, whatever pound of flesh it extracts will have to be given back as bailouts on the other side, unless it abandons its too-big-to-fail policy. I'm not saying the issue shouldn't be dealt with, but it would be useful if the government had a coherent plan. Perhaps we should just dismantle the banks, bring back some variation of Glass-Steagall, and put capital ratios in place that make outrageous leverage impossible. Dow Futures down 200. |
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Post by maui1 on Sept 12, 2011 9:20:49 GMT -5
We have confidence in the Capitalist system.
i really a get kick......... how stock market propaganda is repeated, over and over again, to support their losses. capitalist system? where? what country?
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Post by smackdown on Sept 12, 2011 10:42:28 GMT -5
Looks like the crooks tried a coup to stop the slide but couldn't keep it inflated. Back to the printing press to ink us deeper in the mess just so a few can play-- wealthy people.
The President sends a lame job bill to Congress. It doesn't address one single crisis-causing issue, just digs us deeper. In case you're not seeing it, the banks and the politicians are in sync to make us sink forever.
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Post by maui1 on Sept 12, 2011 12:08:55 GMT -5
my key point is this.........
if politicians aren't willing to trash the preset tax system, and restructure it to something basic and simple (fair), with no exemptions, (but for food and medicine), then they are not doing anything but playing with the american public, to present a false picture of them caring for the country.
if we don't fix how we pay our taxes, and the gov't gets it's money, then everything we do from there is meaningless.
this country will have no future, there will be no social services, and there will be no stock market.
we will have a bunch of people looking around the world to start a new beginning, like has happened so many times in the future.
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Small Biz Owner
Familiar Member
Joined: Dec 26, 2010 8:43:06 GMT -5
Posts: 607
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Post by Small Biz Owner on Sept 12, 2011 12:22:41 GMT -5
Hold on to your horses. You ain't seen nothing yet. Just wait 4 more months, when 7.9 billion a month, in extended unemployment benefit payments comes to an end.  |
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Small Biz Owner
Familiar Member
Joined: Dec 26, 2010 8:43:06 GMT -5
Posts: 607
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Post by Small Biz Owner on Sept 12, 2011 12:23:24 GMT -5
Pic color coordinates with my avitar, cool eh?
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Driftr
Senior Member
Joined: Mar 10, 2011 13:08:15 GMT -5
Posts: 3,478
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Post by Driftr on Sept 12, 2011 12:45:17 GMT -5
Hold on to your horses. You ain't seen nothing yet. Just wait 4 more months, when 7.9 billion a month, in extended unemployment benefit payments comes to an end. I thought the President was requesting an extension to that extension in the 447B 'jobs' bills sent to Congress. |
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Small Biz Owner
Familiar Member
Joined: Dec 26, 2010 8:43:06 GMT -5
Posts: 607
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Post by Small Biz Owner on Sept 12, 2011 13:07:58 GMT -5
No longer a re-extended extension of an extended unemployment benefit. Now a jobs bill.
So I am going to hire more people, when I have to cut profits with increased taxes?
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Post by maui1 on Sept 12, 2011 14:24:04 GMT -5
i only wish our gov't had 447 billion dollars, and did not have to borrow it
oh, i forgot, they are going to pay for this with the 'super committee' finding the money in the couch pillows.
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Post by smackdown on Sept 12, 2011 14:49:13 GMT -5
"The Dow slides as fears build that Greece will default. But technical buying limits the sell-off."
The whole thing is rigged. We're toast.
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Post by lifewasgood on Sept 13, 2011 8:41:20 GMT -5
FREE DECOY
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Post by maui1 on Sept 13, 2011 9:03:31 GMT -5
and vl-
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Post by lifewasgood on Sept 13, 2011 17:51:01 GMT -5
We will know a lot in a couple more weeks. The FED is holding an ace or a deuce, make your bets now.
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Post by maui1 on Sept 15, 2011 14:50:37 GMT -5
looks like more extended debt to the the southern euro zone has delayed the concern for a greek failure, so there is a short term reversal in where fiat cash is moving.
until this reverses in the euro zone, which could be next week, gold and stocks have a roll reversal, stocks up, gold down.
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usaone
Senior Member
Joined: Dec 21, 2010 9:10:23 GMT -5
Posts: 3,429
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Post by usaone on Sept 15, 2011 16:54:19 GMT -5
If we just created more debt to extend Greece another few weeks, then Gold should be going up according to your theory.
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Post by maui1 on Sept 16, 2011 9:19:28 GMT -5
If we just created more debt to extend Greece another few weeks, then Gold should be going up according to your theory.
it will.....wait for the stock market idiots to make their daily plays
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