Market on life support?

[damnotagain]

Oxygen quick, Ben

[Deleted]

corrections are good

and needed when the numbers go too far too fast

the economy is growing at 2-3%.....

i have lots of dry powder for those type of events

and good companies on sale...are some of my favorite things in life

[frankq]

Absolutely...

[bimetalaupt]

Apr 18, 2013 14:38:04 GMT -5 @gdgyva said:

corrections are good

and needed when the numbers go too far too fast

the economy is growing at 2-3%.....

i have lots of dry powder for those type of events

and good companies on sale...are some of my favorite things in life

gdgyva,
 That is what I have also seen...Great Post.. We could have a interesting summer then return in the Fall to the bull.
USA is still the priestesses Girl at the Party!!!
BiMetalAuPt

[damnotagain]

Yes she is . Looking a little worn and her dress is torn. But a hell of a dancer 

[frankq]

We could have a interesting summer then return in the Fall to the bull.

Yeah....that's the way it looks...

[Deleted]

Did stocks really plummet on news from a fake tweet?


Sheesh.

[Steady As She Goes]

"glitch in the matrix"

Apparently, Twitter is more powerful than anyone suspected.

[damnotagain]

Market up .....  on drop in PMI ? 

[mmhmm]

I does love "my boys", I does! 

[damnotagain]

Market up on ......  decrease in Jobless claims !

[frankq]

Naw.........it's all the buying volumes of those unnamed inverse ETF Gold REITS.............

[Aman A.K.A. Ahamburger]

LOL, nice one Q, is that some kind of new produce from Sheikhs in the Mid East?    I guess that the continued good initial jobless claims numbers in the US are an answer to this thread and the US jobs thread eh?  The market is not of life support, although it could take a breather, and the US jobs are coming back! 

Apr 23, 2013 16:11:18 GMT -5 mmhmm said:

I does love "my boys", I does! 

 Right back at ya mmhmm, thanks for cleaning house m'lady.  Also, thanks to moon for putting up with our BS for so long. 

[mmhmm]

Not me you need to thank for "cleaning house".  That would be our moonbeam (and, of course, the "dust bunny" itself).

[frankq]

Apr 25, 2013 17:28:29 GMT -5 mmhmm said:

Not me you need to thank for "cleaning house".  That would be our moonbeam (and, of course, the "dust bunny" itself).

We thank you both...and we appreciate your and Moon's efforts. It's been bumpy at times but if not for Moon we wouldn't have this forum.

[mmhmm]

And without all of you and your contributions, there wouldn't be a need for a forum, eh?  Thanks, guys! 

[Deleted]

Decoy got booted?

[damnotagain]

Yes he is . I have Always enjoyed your post Archie. 

[usaone]

Its up to Dam now to carry the torch...........

[Steady As She Goes]

Market's still trending UP.

The air is a little thinner up here...
How high can they go?

[frankq]

May 8, 2013 13:00:34 GMT -5 Steady As She Goes said:

Market's still trending UP.

The air is a little thinner up here...
How high can they go?

I don't know. I got out for the most part at 14,864. I thought for sure that we would get a correction.....I hope so soon. I want back in!

[Aman A.K.A. Ahamburger]

LOL, it's like BiMetal always says Q, I always make money because I sell to soon.  

The top Imam in Jerusalem was arrested and questioned for hours yesterday over fights that took place on the temple mound and McDonalds said what?  April sales slip as bird flu worries hit China sales.. If I didn't have such a long ass day today I would go on.

Bottom line, the whole equation of a slowdown in the East and the only bright spot in the West is the USA's housing market because the EU is going further into recession is 110% on.  It's like Warren Buffet was saying in this article I was reading, it was something like "I don't worry about why stocks are going up in the short term, I look for reasons why they will go on sale...".  His point was, NO MATTER WHAT THE MARKETS WILL BE UP!! 

[frankq]

Bottom line, the whole equation of a slowdown in the East and the only bright spot in the West is the USA's housing market because the EU is going further into recession is 110% on. It's like Warren Buffet was saying in this article I was reading, it was something like "I don't worry about why stocks are going up in the short term, I look for reasons why they will go on sale...". His point was, NO MATTER WHAT THE MARKETS WILL BE UP!!

Agreed. I'm back trickling in this week come hell or high water.

[Aman A.K.A. Ahamburger]

What waters are you testing?

[bga4444]

Good morning to you all, I hope you are all well! The continued 85 billion a month poured into bond market continues to artificially stimulate and hold the market up. Even as the rest of the industrialized world continues to stumble. I have to ponder is QEIII really to infinity? and what are the long term implications? In America consumer confidence is way up despite increases in taxes and a decrease in income per family of around $4000 annually. Also, as margin purchases of stocks set new record highs I have to ask... is this truly the mother of all bubbles?  Japan, for instance, great savers, humble and hardworking peoples buying primarilly what they need and not what they want. The actual inverse of the American consumer. Yet the economy in Japan continues to be in the tank. Also, so bad deflation continues and is uncontrollable. All the while in America everything and I mean everything is going thru the roof pricewise. One things for sure, as a small business in north Atlanta( a very high end area) things continue to deteriorate. I speak with the postman daily asking how small businesses in the area are doing. He tells me most are hanging on by a thread. This is much like the company I work for. We have now closed our warehouse and operate out of my showroom. Luckily, I have enough space to keep us going. But I now do several jobs where we used to have employees. I make less and work more and I am really sick of it. I try to be thankful that I have a job but I am just exhausted from the worry of it all. Three years no vacation. Price increase after price increase as sales decline, along with less and less margin just to get a job.  I see no end in sight to the misery. I hope your world is better than mine! BGA out! 

[bimetalaupt]

Jun 17, 2013 8:51:07 GMT -5 bga4444 said:

Good morning to you all, I hope you are all well! The continued 85 billion a month poured into bond market continues to artificially stimulate and hold the market up. Even as the rest of the industrialized world continues to stumble. I have to ponder is QEIII really to infinity? and what are the long term implications? In America consumer confidence is way up despite increases in taxes and a decrease in income per family of around $4000 annually. Also, as margin purchases of stocks set new record highs I have to ask... is this truly the mother of all bubbles?  Japan, for instance, great savers, humble and hardworking peoples buying primarilly what they need and not what they want. The actual inverse of the American consumer. Yet the economy in Japan continues to be in the tank. Also, so bad deflation continues and is uncontrollable. All the while in America everything and I mean everything is going thru the roof pricewise. One things for sure, as a small business in north Atlanta( a very high end area) things continue to deteriorate. I speak with the postman daily asking how small businesses in the area are doing. He tells me most are hanging on by a thread. This is much like the company I work for. We have now closed our warehouse and operate out of my showroom. Luckily, I have enough space to keep us going. But I now do several jobs where we used to have employees. I make less and work more and I am really sick of it. I try to be thankful that I have a job but I am just exhausted from the worry of it all. Three years no vacation. Price increase after price increase as sales decline, along with less and less margin just to get a job.  I see no end in sight to the misery. I hope your world is better than mine! BGA out! 

BGA,
 I SEE YOUR POINT AND WOULD LIKE TO ADD MARKET SHARE IN THE LONG RUN HAS PAID OFF.  We were lucky to have made some real good deals WHEN OIL WAS SELLING FOR $20.00.. TOOK RISK WHEN OTHERS WANTED OUT AT ANY PRICE..

HANG IN THERE,
BiMetalAuPt

[clubv]

Oh a board tainted by greed. When will they ever learn?

[frankq]

Yes, we're all greedy for putting our money to work....successfully...the audacity....

bga,

You are so far off base that you're not even in the ballpark. Those of you that for years called for the end of times are the losers. You have missed out on one of the best markets in history. I'm truly sorry that your business is not going well, and I don't know what you do, but I know we're busy. Apparently, business is doing well elsewhere too. Judging from the report below, it doesn't appear that things in Atlanta are in severe straits and deflation doesn't appear to be a big problem. In fact, I don't understand how you can say that things are going "through the roof pricewise", and talk deflation in the very next sentence. I think I'd rather get my economic info from sources other than my postman. According to the information I see, Atlanta is making quite a comeback. Lets not forget, Atlanta was one of the "bubble" cities less than a decade ago .
And you're comparing to Japan? You say that they only buy what they need....and then you talk of their crappy economy? Well....if people don't buy stuff, you can't really grow economically .....

Also, as margin purchases of stocks set new record highs I have to ask...

And your supporting information for this statement is......?


--------------------------------------------------------------------------------
From Kiplinger:

10. Atlanta, Georgia

One-year change in home prices: +17.4%
Median home price: $115,400
Change in price since 2006 peak: -42.8%
Unemployment rate: 8.3%
Foreclosure rate: 1 in every 154 households (High)
Distressed sales: 28.3%

Despite an unemployment rate a bit higher than the U.S. rate, Atlanta’s economy is making a comeback, posting positive job growth for 30 consecutive months, according to Metrostudy, a provider of real estate market data and analysis. Steady job growth increased buyer demand for housing in the metro region, but home buyers had to compete with investors. "Atlanta is now the main dish on the investor buffet table," says Hank Miller, of Atlanta Communities Real Estate. In March, sales of single-family homes fell by 11.8% from the year before, reflecting limited supply and higher prices. Tight inventory resulted in multiple offers for well-priced homes -- good news for sellers. Sales of bank-owned homes fell to just over a quarter of all sales, from nearly half last year.

The supply of new homes may increase more quickly here than elsewhere, because builders have more finished lots that are ready to build on. Single-family detached housing starts almost doubled in the fourth quarter of 2012 compared with the year before, according to Metrostudy.

homes.yahoo.com/news/cities-where-home-prices-have-risen-the-most-in-the-past-year-223333774.html June 18,2013

It would appear that improvement is in the works in Atlanta.....

[sunrnr]

Jun 19, 2013 11:55:23 GMT -5 clubv said:

Oh a board tainted by greed. When will they ever learn?

Nice drive by... And just what is it to be learned?

[jarrett1]

Uh...I thought this country was a capitalist society...democracy is a form of governance...not a economic system