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Post by smackdown on Aug 6, 2011 22:37:13 GMT -5
You never were any good with reality or common sense, Rovo. Only an idiot debates the number in the hoard standing at the gate, as opposed to seeing that a hoard is standing at the gate... impatiently. Your comfortable life is as much a prison as a box. Regardless of where I post, I post, and people know me by what I post. You have no identity, just like your avatar.
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kman
Initiate Member
Joined: Oct 8, 2011 20:43:42 GMT -5
Posts: 83
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Post by kman on Aug 6, 2011 22:38:31 GMT -5
The land of misfit toys, Duffs own cricket theater.  |
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Post by smackdown on Aug 6, 2011 22:42:50 GMT -5
Wrong photo, K... that's the group shot from Frank's Chicago thing (the polka dot elephant gives it away).
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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 Aug 8, 2011 8:36:32 GMT -5
You never were any good with reality or common sense, Rovo. Only an idiot debates the number in the hoard standing at the gate, as opposed to seeing that a hoard is standing at the gate... impatiently. Your comfortable life is as much a prison as a box. Regardless of where I post, I post, and people know me by what I post. You have no identity, just like your avatar. I think the word you're looking for is horde. I know you like to fixate on hoarded wealth, or the proper spelling of financial, so I suppose the error should have been expected. rovo, I'll refer you to Proverbs 26:4 where I think it says: I will choose to take that advise and have now added ignore#3. Ta-ta VL. |
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Post by smackdown on Aug 8, 2011 8:41:54 GMT -5
If you could read you should read because you would read what you ought to read.
What's in your wallet? Getting less by the minute today.
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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 8, 2011 8:43:56 GMT -5
You never were any good with reality or common sense, Rovo. Only an idiot debates the number in the hoard standing at the gate, as opposed to seeing that a hoard is standing at the gate... impatiently. Your comfortable life is as much a prison as a box. Regardless of where I post, I post, and people know me by what I post. You have no identity, just like your avatar. I think the word you're looking for is horde. I know you like to fixate on hoarded wealth, or the proper spelling of financial, so I suppose the error should have been expected. rovo, I'll refer you to Proverbs 26:4 where I think it says: I will choose to take that advise and have now added ignore#3. Ta-ta VL. K for Drftr.  |
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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 8, 2011 8:44:28 GMT -5
Dow down 149pts.....Yawn.
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Post by smackdown on Aug 8, 2011 8:46:59 GMT -5
First minute... several more to go before the bell. Seniors have trouble dialing those rotary phone numbers fast enough to tell their brokers to SELL.
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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 Aug 8, 2011 8:54:51 GMT -5
Ironic thing looking back at the title of this thread. My online brokerage account was pretty slow this morning.
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Post by maui1 on Aug 8, 2011 9:16:02 GMT -5
heard over the weekend that the ecu is going to start buying Italian and spain bonds..........
i ask..........
how do they do that with no money? they can't print money, and they don't have 'cash on hand', so how do they buy these bonds?
rumor is....... that we (the fed) is floating the money because we can print it, and the fed does not have to account for the printing.
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Post by smackdown on Aug 8, 2011 9:51:57 GMT -5
You're on to it, Maui1... they're hyper-accelerating CREDIT. Does that impact the US? Sure it does... THAT level credit is fully rooted in derivatives... so it becomes an alternative currency. Do you have some? Me neither. But tons of bums on Wall Street do and the official title for the crime is Aiding and Abetting and it falls under Racketeering, which is subject to the R.I.C.O. Act. ALL of your assets are confiscated in a RICO prosecution. Once we do, we gain the girth to recover the Earth. The pimple is ripe and being squeezed today.
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Post by smackdown on Aug 8, 2011 13:44:22 GMT -5
Like Bob Seger sings it...  Like a Rock--it Falling back to Earth Like a Rock--it Losin' all it's girth Like a Rock--it The Bubble has now Popped Like a Rock--it 500+ it has now dropped... Come on' everybody sing along... Bankers never belonged where Lenders kept us stable... All the brokers and financiers should make their way to jail... Bookkeepers, CFOs and Accountants, oh my... If you shorted this scam, now you're flyin' high! |
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reasonfreedom
Well-Known Member
Joined: Dec 21, 2010 8:50:21 GMT -5
Posts: 1,722
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Post by reasonfreedom on Aug 8, 2011 13:57:12 GMT -5
Dow down 149pts.....Yawn. Dow down 500 lol, I bet your still yawning right. ROFLMAO |
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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 Aug 8, 2011 13:59:53 GMT -5
Dow down 149pts.....Yawn. Dow down 500 lol, I bet your still yawning right. ROFLMAO Actually, I'm starting to get interested. It's taking everything in me not to commit the cash I've been accumulating to a few stocks I don't believe should have been caught up in this market correction. But for now I will follow the dude and just abide for a while longer. |
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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 8, 2011 14:04:16 GMT -5
Yes still yawning.............just bought JPM.  |
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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 8, 2011 14:08:03 GMT -5
Dow down 149pts.....Yawn. Dow down 500 lol, I bet your still yawning right. ROFLMAO Weeks like this are rare and much money can be made when you buy when everyone else is selling. |
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reasonfreedom
Well-Known Member
Joined: Dec 21, 2010 8:50:21 GMT -5
Posts: 1,722
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Post by reasonfreedom on Aug 8, 2011 14:27:30 GMT -5
Dow down 500 lol, I bet your still yawning right. ROFLMAO Weeks like this are rare and much money can be made when you buy when everyone else is selling. ? You mean buy after everyone is done selling. Why would you buy stocks that are in the process of devaluing instead of when they have devalued? |
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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 Aug 8, 2011 14:31:22 GMT -5
Weeks like this are rare and much money can be made when you buy when everyone else is selling. ? You mean buy after everyone is done selling. Why would you buy stocks that are in the process of devaluing instead of when they have devalued? The thought process is that stocks will some day set new highs and if you're buying them while they're decreasing, you're getting them at a discount to where they will be. If you personally can pick when the bottom for a stock is, then more power to ya. Wait for that day and buy them. Many of us are not blessed with that ability and we buy when stocks that we believe are fundamentally sound are at a price below that which we think they will be at in a couple-few years. |
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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 8, 2011 14:32:28 GMT -5
Weeks like this are rare and much money can be made when you buy when everyone else is selling. ? You mean buy after everyone is done selling. Why would you buy stocks that are in the process of devaluing instead of when they have devalued? Are you kidding? The best time to buy is when everyone is done selling. Doesnt get any cheaper. |
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Post by smackdown on Aug 8, 2011 15:38:53 GMT -5
JPM? You bought stock in the most derivative-exposed financial, top-heavy in drop-valued real estate and heavily-exposed to non-performing Euro-Debt, and you got a... deal?  |
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reasonfreedom
Well-Known Member
Joined: Dec 21, 2010 8:50:21 GMT -5
Posts: 1,722
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Post by reasonfreedom on Aug 8, 2011 16:15:59 GMT -5
? You mean buy after everyone is done selling. Why would you buy stocks that are in the process of devaluing instead of when they have devalued? Are you kidding? The best time to buy is when everyone is done selling. Doesnt get any cheaper. Umm.. That is what I said. But that is not what you said the first time. |
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blackcard
Familiar Member
As of April 2013 Mortgage is paid in full :) NO debt of any kind.
Joined: Dec 23, 2010 22:06:57 GMT -5
Posts: 660
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Post by blackcard on Aug 9, 2011 0:03:51 GMT -5
So DH and I were thinking about moving some money into stocks at lower prices. But as oil dropped, we think that may be a better investment. How does one get into oil aside from buying stocks?
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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 Aug 9, 2011 5:09:38 GMT -5
Several ways, I dabble in oil with some mineral rights, trusts and fractional well ownership. The person who I learned from posts on the boards from time to time.
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Post by smackdown on Aug 9, 2011 7:00:04 GMT -5
"How does one get into oil aside from buying stocks?"
Pour it in a bucket then step in the bucket. I wouldn't be investing in Oil until it is de-politicized. What do you think the odds are that- making fossil fuels our new utilities-- will be a major campaign trail argument? They have the power to control our economics. Everything that has the power to control us will be challenged because the winner pledges our freedom and delivers it or there will be war forcing that to happen. We talked about this a lot on the old MSN forum. Look for miners of rare Earth materials and the stuff alternatives are made of. Buy into the ones with facilitation contracts. No, I won't say who I am invested in but the returns have been magnificent while attention to these has been very under-stated (which I like).
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Post by maui1 on Aug 9, 2011 7:35:40 GMT -5
The thought process is that stocks will some day set new highs and if you're buying them while they're decreasing, you're getting them at a discount to where they will be.
this reasoning is flawed........and here is why.
japan hit it's market high in 1989/90, at 40k. and since that time is has not been over 11k, and is now trading at 9k (a loss of 29k and 30 years of inflation deterioration).
i know some of will respond with "we are not japan", but this is not a rational argument, but more of a defensive position. why aren't we in the same 'dead' market position as japan has been for the last 20 plus years?
and if we are........is the thought process of "stocks will some day set new highs", really relevant when you might have to wait 30 years, and with inflation, you will still be down 100% in real value after waiting 30 years to hit new highs?
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decoy409
Junior Associate
Joined: Dec 27, 2010 11:17:19 GMT -5
Posts: 7,582
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Post by decoy409 on Aug 9, 2011 8:28:05 GMT -5
maui1,the old real value? Let's have a look at that 'real value' From my Decoy post, You have lost not 15%, but in fact closer to 35% when one counts the currency depreciation! Welcome to Hell America." market-ticker.org/akcs-www?blog=Market-TickerSay that looks like a real value to me. And that can be followed up as to what comes next through the following, Check out the 5yr tale of the debt note index www.bloomberg.com/apps/quote?ticker=DXY:INDLast time we were at this stage was 2008. Here is a errie resemblence,as to,and without injection.I think we are all old enough to handle where this outcome leads to as we look back at May 14,2008, We May Not Be Slipping Into Recession www.nbnnews.com/eyeonecon/issues/2008-05-14.htmlAnd I could say to look back at the full timeline of the course of the fiat ridden debt note,however most everybody is aware of it's constant decrease in value year in and year out. |
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Post by lifewasgood on Aug 9, 2011 8:40:07 GMT -5
The Fed is coming to the rescue, not to worry, just like last year, all will be good in stock land before long.
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Post by smackdown on Aug 9, 2011 10:01:58 GMT -5
"The Fed is coming to the rescue, not to worry, just like last year, all will be good in stock land before long."
Which is good for who? No one good, for sure.
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Post by lifewasgood on Aug 9, 2011 11:09:05 GMT -5
Good for all those greedy stock traders that think there is no inflation and wealth is gaged by how many fiat dollars is in the bank.
They need mo money mo money mo money.
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Post by maui1 on Aug 9, 2011 12:12:27 GMT -5
i don't begrudge stock traders, so long as our gov't does not use my tax dollars the support the game that they are playing.
our gov't makes everything worse, as they can't stand by and let markets work, people live, and confine themselves to what they have sole responsibility for, and that is creating a safe place for all americans.
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