"THE" MARKET WRAP WITH PERCEPTIONS!!!

[frankq]

It's after labor day...the markets are up (like I said they would be)....gold is selling off...again...(like I said it would)...and basically its like I said...now markets don't rotate around me...me knows how markets rotate and more importantly why

That's why you're the Man!

[damnotagain]

Sept 12, 2013 12:16:29 GMT -5 jarrett1 said:

Yeah cut it out G'damn it!

It's after labor day...the markets are up (like I said they would be)....gold is selling off...again...(like I said it would)...and basically its like I said...now markets don't rotate around me...me knows how markets rotate and more importantly why

I have never doubted your intelligence jarrett1 , from my prospective it is a fed fueled market . Banks are not lending . The large institutional investors are the only winners. The 1% .  Nothing is making it to Main Street and that was presumably why they " started injecting all the liquidity , According to Paulson. 

Every 2 hours I get the chance to hit the morphine  pump , 85 ppb of pain killer. That warm feeling starts in my toes and soon envelopes my whole body. Nice no pain. 
But come Sunday that will all be gone . Not unlike the markets today they get that 85 billion injection to play with in the markets. What a warm feeling. 
 Ill leave and recover, no difference than what would have happened if the fed had not intervened to bail out the Wall Street . At sometime the injections will have to stop. Then what? 

"Sons of bitches!" No offense here mmhmm , jarrett1 should remember that saying. It's not being disrespectful 

[jarrett1]

Yes that and "G'DAMN SCUMBAGS"...that's one of my favorites


Sunday night 9/15...check investment news...before it comes out in print Monday!!!!...just sayn'n

[frankq]

Ok.

[jarrett1]

 

[kman]

Sunday night 9/15...check investment news...before it comes out in print Monday!!!!...just sayn'n



Pay attention..just sayin

[Aman A.K.A. Ahamburger]

Sept 14, 2013 2:44:29 GMT -5 damnotagain said:

Every 2 hours I get the chance to hit the morphine  pump , 85 ppb of pain killer. That warm feeling starts in my toes and soon envelopes my whole body. Nice no pain. 
But come Sunday that will all be gone . Not unlike the markets today they get that 85 billion injection to play with in the markets. What a warm feeling. 
 Ill leave and recover, no difference than what would have happened if the fed had not intervened to bail out the Wall Street . At sometime the injections will have to stop. Then what?

Wow, damn, not sure if it's your bias opinion that blinds you or what, but that is literally a perfect explanation of the current situation.

The US economy just went through a major surgery, like after a car crash. Instead of throwing the patient(economy) out right after surgery where it could have got an infection and died, it was put on bed rest and giving morphine to help with the pain. Once the patient(economy) is well enough to make it on it's own, they(economy) are given a scrip for pain killers(reducing stimulus slowly) and are able to heal up and live a healthy life once again.

Nice one!

[usaone]

The Fed is keeping us going until the banks are ready/needed to lend. Whats so hard to understand about that.

[jarrett1]

Yes Markets UP!

[jarrett1]

Yes Markets UP!

[jarrett1]

www.investmentnews.com/article/20130915/REG/309159989?utm_source=issuealert-20130915&utm_medium=in-newsletter&utm_campaign=investmentnews&utm_term=text

[sunrnr]

Nicely done, sir! Like it or not, we're all in this together. You've done a magnificent job of taking the initiative towards helping two opposing entities to recognize that to everyone's potential benefit.

[usaone]

Sept 16, 2013 9:46:02 GMT -5 jarrett1 said:

www.investmentnews.com/article/20130915/REG/309159989?utm_source=issuealert-20130915&utm_medium=in-newsletter&utm_campaign=investmentnews&utm_term=text

"Freewheeling critic"   I like that....

You where just a kid when you went up against Milken.

[Deleted]

trying to get those two to play nice with each other is a tough task sir

remember to take a chair and a whip......you may need both

[damnotagain]

What has changed? Other than junk bonds sales have reached an all time high of 187 billion just this year. I enjoy the Feds dash board account ! Richard Fisher
What happened to earnings , when the fed prints who cares about fundamentals.

www.dallasfed.org/assets/documents/news/speeches/fisher/2013/fs130604.pdf

[damnotagain]

15 billion taper ? The fed has done all it can to no avail. It is time for congress to install some fiscal responsibility . Let them eat fiat cheese.

[damnotagain]

Just not today,  Markets up on more fiat cheese pumping into the system at a rate of 85 billion a month. Lol. Feast rats feast.

[frankq]

We certainly will! LOL!!!!

[Aman A.K.A. Ahamburger]

Sept 16, 2013 14:49:17 GMT -5 usaone said:

Sept 16, 2013 9:46:02 GMT -5 jarrett1 said:

www.investmentnews.com/article/20130915/REG/309159989?utm_source=issuealert-20130915&utm_medium=in-newsletter&utm_campaign=investmentnews&utm_term=text

"Freewheeling critic"   I like that....

Me too usaWON

You where just a kid when you went up against Milken.

, and this kid is ready to help him take on the rest.   

I like how the article was full of medical references, just like how there were medical references in our discussion here the day before the article came out.  Is that a coincidence or kismet?  

[damnotagain]

Fate has ruled the day. The old get poorer as there savings , bonds, annuity s continue to evaporate due to taxes and out right theft . 
That million dollars in savings , Most where hoping for no less than 4% on those investment. Gone forever are those safe investments and the safety they once felt.

That is the generation that gave us so much in the way of freedom and prosperity through hard work , commitment to country and its fellow man. Those are who I fear for. 

Since you like the medical anology so much please keep in mind when you see an old person it is not kismet that has befallen them but more like lingchi and your holding the knife.

[sunrnr]

Your ilk and condemnations are miss directed it seems to me. I'm curious why do you think (feel) some on this board are somehow personally to blame for the economic situation in this country?

[Aman A.K.A. Ahamburger]

Damn, you don't live in the real world at all.  I'm sorry that you got screwed over.  Right now, CHILDREN are the worst hit by the recession... 



Notice the elderly line on there?? 

Here's another one for you..  Looks like the BOOMER generation is doing quite well, actually.  I guess that's why cars from the 60's and 70's go for insane amounts of money.. 

[damnotagain]

"Damn, you don't live in the real world at all. I'm sorry that you got screwed over. Right now, CHILDREN are the worst hit by the recession..."

When it comes to older Americans , they just live to long. 

I did not know that ham , that should offer you some comfort. 

[frankq]

Fate has ruled the day. The old get poorer as there savings , bonds, annuity s continue to evaporate due to taxes and out right theft .
That million dollars in savings , Most where hoping for no less than 4% on those investment. Gone forever are those safe investments and the safety they once felt.

That is the generation that gave us so much in the way of freedom and prosperity through hard work , commitment to country and its fellow man. Those are who I fear for.

I agree with you for the most part outside of the "theft" issue. I don't know where you're going there. The flip side of Fed controlled interest rates is the loss of reasonable returns on fixed interest investments that retirees rely on. This is going to be an even bigger problem as more people enter their retirement years with 401K's that they were sold on as being superior to guaranteed benefit pension plans because they are "self controlled". This is going to be a huge problem in the next decade.

[Deleted]

frank

who told you 401k's were "superior" to pension plans?

i have never heard that anywhere

pensions disappeared because the math no longer worked.....people were living too long

companies never guessed that they would have to pay out benefits for 30 or 40 years

same with the health benefits.....the legacy costs became too much for the companies to carry

the 401k's and such were developed as alternative retirement vehicles.....but i never heard or read they they would be better

the next 10-20 years will show whether or not they worked at all

as more and more boomers retire....and move from equities to fixed bond incomes (safer investments) we will see how the market holds up

i see no issues.....but then again but i have been wrong before

[frankq]

frank

who told you 401k's were "superior" to pension plans?

As far as me personally, I've never bought into that nonsense, but many companies feed that to their employees. You are correct in that companies never realized the funding issues they would have, especially with single payer plans. On the other hand, when companies such as IBM decided to drop their pension plan and adopt a matching 401K, they sliced a fat hog. After all, with a company match, the employee must take the first step an begin funding his plan. Over the last few years, companies in general have held the line on salaries, and employees often times can't fund their 401K's at all, thereby further reducing the company's pension expense. As a PRIVATE union member, we fund our defined benefit (pension) plans ourselves from our compensation package and we have multi-employer plans. We receive no public monies. We are, however, the last of the Mohecans... I'll let you know how it works out in 6 more days!!

[Deleted]

of course it reduced their expenses

that was the idea

some companies have great plans....low expenses, great matches, profit sharing, etc

others have a bare bones 401k, with little or no match

it will never be as GOOD as pensions used to be

best of luck on your news 6 days from now....i take it your retirement package will be known then?

[frankq]

....i take it your retirement package will be known then?

I already know it. I'm pulling the pin on Wednesday. Gonna call it a career.

[damnotagain]

Sept 19, 2013 12:46:45 GMT -5 frankq said:

Fate has ruled the day. The old get poorer as there savings , bonds, annuity s continue to evaporate due to taxes and out right theft .


I agree with you for the most part outside of the "theft" issue. I don't know where you're going there. The flip side of Fed controlled interest rates is the loss of reasonable returns on fixed interest investments that retirees rely on. This is going to be an even bigger problem as more people enter their retirement years with 401K's that they were sold on as being superior to guaranteed benefit pension plans because they are "self controlled". This is going to be a huge problem in the next decade.

The theft coming in the form of the 3.8 % additional taxes on the above investments found in the ACA tax provisions beginning this year.

[frankq]

The theft coming in the form of the 3.8 % additional taxes on the above investments found in the ACA tax provisions beginning this year.

Ok.