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Post by traelin0 on Dec 21, 2010 18:44:13 GMT -5
Reformed DayTrader Message #301 - 09/30/09 06:51 PM Hey Synee BC plays Maryland on 28 November but BC doesn't have a strong team this year so you have to give me a few touchdowns if you want to bet on our Alma Maters......
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Post by traelin0 on Dec 21, 2010 18:45:15 GMT -5
Stay Put Message #302 - 09/30/09 07:12 PM
I went there when I was in the Corps (satellite school on base). When I got out, I went for a real education, at a real university.
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Post by traelin0 on Dec 21, 2010 18:46:12 GMT -5
Synee Message #303 - 09/30/09 08:03 PM
What happened since then? I hope you are getting better! ;D
Syne
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Post by traelin0 on Dec 21, 2010 18:47:14 GMT -5
Synee Message #304 - 09/30/09 08:09 PM
Haha, Ok RDT you got it, 2 TD's.
Syne
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Post by traelin0 on Dec 21, 2010 18:48:10 GMT -5
Stay Put Message #305 - 09/30/09 08:22 PM
Education is a lifetime process, not a result or even a location. At Harvard, I could not believe just how many idiots were allowed to attend. Excuse me. They were called part of the affirmative action recipients, not idiots. They had a make believe arrogance, just not the grey matter to justify any of it.
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Post by traelin0 on Dec 21, 2010 18:48:57 GMT -5
Reformed DayTrader Message #306 - 10/01/09 06:45 AM
OK Syne... I think I will need it.. BC plays Florida State this Saturday...
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Post by traelin0 on Dec 21, 2010 18:49:26 GMT -5
Reformed DayTrader Message #307 - 10/12/09 08:17 AMBad weekend for Bostonians........BC got their heads handed them by Virginia Tech and the Bosox were swept by the LA Angels of Anaheim.......hope this is not a portend of things to come for us transplanted Boston Reformed DayTraders...... ? Oh well there is always next year....
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Post by traelin0 on Dec 21, 2010 18:50:12 GMT -5
comncenc Message #308 - 10/12/09 08:47 AM
RDT, Just returned from Boston, son in law attends Boston University just down the road from Boston College. Fenways sports bleacher bar was full of Red Sox nation young people. My kids love Boston with its diversity and non stop problem of finding a parking place. Boston is so much better than SF why do you stay in Cal? No name fish house and Barking Crabs are the best seafood places around. SF is just gross compared to Boston!!
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Post by traelin0 on Dec 21, 2010 18:50:53 GMT -5
Reformed DayTrader Message #309 - 10/12/09 09:55 AM Good Question but the winters in Massachusetts are too long and too severe. Boston is indeed a fun place to visit but driving in ice, rain, and snow gets to you after a few years so I decided to stay in California after I hung up my Green Suit.. But I hope to go back next June to Boston for a college reunion and swap a lot of Sea Stories, provided we don't have an economic collapse which could put a damper on plans ....
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Post by traelin0 on Dec 21, 2010 18:51:27 GMT -5
comncenc Message #310 - 10/12/09 10:47 AM
They said winter2008-2009 was a doozy so the next four winters should be a piece of cake. The weather over the past five years according to locals hasn't been that bad. Newsom, Pelosi,Boxer, Feinstein, Miller, the wild untamed dancing heads of SF would drive me crazy.
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Post by traelin0 on Dec 21, 2010 18:52:03 GMT -5
Reformed DayTrader Message #311 - 10/14/09 12:40 PM
Dow just broke through 10,000 and is up@3500 pts since 20 March....The last time it was this high was 29 March 1999, and back then Gold was selling for @$289.00 per once.. Something is overvalued here ??
In March 1999 gasoline was selling for @$1.50 per gallon in the SF Bay areas...and tech stocks were where all the action was....
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Post by traelin0 on Dec 21, 2010 18:53:10 GMT -5
AEKara Message #312 - 10/14/09 12:48 PM
Well Day Trader I know two things. You can print dollars but you can't print gold. Also you can use those printer dollars and buy the Dow. Now you tell me what is overvalued.
Also since you are a trader you must know a little history. After the market crash of 29, we had several 40%-50% rallies in the DOW all the way to 1933 when it went down faster than the Titanic to over 80% lose. so again what do you think is overvalued here.
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Post by traelin0 on Dec 21, 2010 18:55:22 GMT -5
Reformed DayTrader Message #313 - 10/14/09 12:51 PMHere's what I posted on 07/18/09, and all hell broke out afterwards ....... Reformed DayTrader Message #17 - 07/18/09 12:38 PM "Good question but not too sure about an Economic Collapse because we are beginning to see a few companies report good earnings for the second quarter. We should see how more tech companies did this coming week including Microsoft, and Amazon.com..to name just a few. Intel hit it out of the park last week and IBM did better than most expected so I remain hopeful or optimistic that the tech companies will help to restore confidence in our markets along with the banking industry."
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Post by traelin0 on Dec 21, 2010 18:56:56 GMT -5
Reformed DayTrader Message #315 - 10/14/09 01:23 PM I think Gold is overvalued and many of the stocks and bonds that I own and trade are undervalued..... But don't forget even though Intel is estimating a strong fourth quarter in the PC Market you still have to consider we still have @10.0% unemployment, and small businesses and consumers may not be rushing out to buy new PC's on 26 October when Windows 7 is released.. This was evident in the September consumer spending data released recently showing a mixed picture. Retailers like furniture and food sellers saw small gains, but sales of consumer electronics were flat. That is not a particularly good omen for computer sellers
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Post by traelin0 on Dec 21, 2010 18:57:44 GMT -5
ReformedDayTrade Message #316 - 11/14/09 04:20 PM
We only have a few weeks left to get ready for this Economic Collapse if there is indeed going to be one. Instead I am focusing on Stanford vs SC this afternoon that has a higher priority and much more significance than this nonsense about an Economic Collapse again and we are all doomed for eternity to life of misery and desperation if we don't rise up and get ammo and guns and take to the streets.....sounds like someone watch Dr Zhivago too many times or read about the French Revolution and is trying to put those novels themes to work here...nice try but that dog won't hunt..or has too many fleas...
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Post by traelin0 on Dec 21, 2010 18:58:25 GMT -5
Stay Put Message #317 - 11/15/09 12:57 AM
This is all very interesting, and it makes me wonder. 500,000+ Americans laid off month after month. A major portion of America is either underemployed, or have taken pay cuts, or lesser paying jobs. Americans for the most part, have closed their wallets, and funny thing is, so has the rest of the people in the world. Now I'm really stumped.
All of these corporations are showing profits, but it stands to question, who exactly is it that is buying their products? Do they have provable shipping orders; cargo manifests, maybe sales slips, etc.? No unfortunately they don't. So where did all of these profits come from? Wait a minute. I just had an idea. Here's something off the wall. Do you guys think that these corporations added up all of the salaries/wages, insurance, perks, taxes, yada, yada, yada, and moved that amount that they are now saving on those former employees, over to the profit ledger? They wouldn't do that would they? Not just to get the few sheeple left to put their remaining money back into the markets. No that couldn't possibly be the case.
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Post by traelin0 on Dec 21, 2010 19:00:18 GMT -5
Goober Steve Message #319 - 11/15/09 02:03 AM
If you divide equities by 2, some will still be overvalued. All we have seen so far is an illusion supported by the bailout funds that the banks were supposed to shore up there liquidity with and instead have horded and or invested in the stock market and drove it up with taxpayer funds. They are not lending it as intended. Add with the carry trade available to banks it is quite apparent what is happening.
Has all of this mania created any jobs that might actually "fix" the economic problems? Or simply benefited the greedy elites/banksters?
I have to agree with Stay Puts prognostication of markets declining and negative forward looking events. When? I am surprised it has lasted this long. They have been successful with the illusions longer than I thought possible, but? Apparently people haven't suffered enough yet for change to take affect, but they will. I am 100% convinced this fall winter will be a turning point and not for the better. DOW 10,000 helps continue the illusion for a while, and there can be a run into the end of the year but consider this.
Many states and municipalities are bankrupt and have huge retirement obligations and dwindling revenues.
Residential defaults will continue as far as the eye can see.
Commercial defaults haven't kicked in yet en masse.
This administration is spending like madmen with huge shrinking revenues.
Credit card and other debt is still huge.
There are no prospects for any new jobs except stimulus funded make work jobs(where are they?) That will actually cost us insane amounts per job to create?
There are still trillions of derivatives floating in bankland, basicly unaccounted for?
The dollar is in a down ward spiral with no end in sight.
Medical reform and cap and trade are complete boondoggles, undermining our entire economic system.
This only considers some of the negative economic issues and does not consider the insane social issues going on and political masturbation in congress and this administration.
I see nothing to feel good about or have hope until this administration is gone and some form of fiscal responsibility can come forth. I only see a continued deterioration which is actually happening everyday whether you can see it or admit or not. At some point people will explode with animosity for good reason, but who knows exactly when that will be? Can any of the items I listed be denied? Or is everything OK?...Goober
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Post by traelin0 on Dec 21, 2010 19:00:56 GMT -5
Goober Steve Message #320 - 11/15/09 02:16 AM
Trae - I am convinced now that Gold is proving it's canary potential globally. There is so much lack of confidence in the entire world that is driving the gold market. The dynamics of everything have changed forever and long term, gold can only go up. More banks around the world will start purchasing and the USD has seen it's last hurrah. It won't go all at once, but it's hay day is over. I read recently that another major shorting of the Euro and Brit Pd is likely before January and that will help the USD for a while. China is the next major economy and likely currency. Within 5 to 10 years, the same time frame the US will completely decline. It has already started and none of us can stop that or alter it. Our own government is and will be our demise...Goober
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Post by traelin0 on Dec 21, 2010 19:01:51 GMT -5
ReformedDayTrade Message #321 - 11/15/09 05:45 AM
I think this is right on and until the Middle Class opens their wallets, and banks extend credit to the Middle Class or Small Businesses we will NOT see much of a recovery. Sure things are better than last fall as Obamanation claims but that is hardly anything to be taking to the bank. And this silliness about an economic collapse and load up on guns, ammo, and food is what the ParaMilitary Nut jobs want you to believe so you wil support their anarchist programs. In addition to forecasting an economic meltdown they want people to join their civil unrest and non peaceful demonstration so if this is your thing go for it..
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Post by traelin0 on Dec 21, 2010 19:02:32 GMT -5
profluigi Message #322 - 11/15/09 06:45 AM
With interest rates at zero, gold is showing what government stupidity always does--misallocates resources and maims the national economy. The specs are borrowing dollars at zero and buying crude and cold. Unemployment will continue to rise and we will have a prolonged Depression. As the Fed and Congress destroyed the economy in 1932, so they are doing again. They learn nothing and forget nothing, and have unparalleled arrogance.
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Post by traelin0 on Dec 21, 2010 19:03:12 GMT -5
New York Mad Dog Message #323 - 11/15/09 08:43 AM
The original poster thankfully has been wrong and frankly by his alarmist rhetoric sounds like one of these paid partisan political posters that have been plaguing internet message boards for the last decade or so. As one who is close to retirement and lived through a few recessions to think the economy would snap back to some kind of robust recovery after the markets and job loss rates hitting bottom only last spring is naive and extremely unrealistic. However I do not have much belief in Obama's competency so far. But there are two issues that both major [parties so have have virtually totally ignored. First is the outsourcing of jobs by American corporations and the problem of illegal aliens. The illegal alien problem could be simply solved by demanding all employers use the E-Verify system with severe financial penalties for non compliance. As far as outsourcing jobs you can tweak the tax code and demand that companies having to make a case not to keep their jobs on American soil. Too many people out there have adopted a social Darwinism style attitude of get an MBA or rot toiling in Wal Wart. But this country cannot survive without a healthy middle class.
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Post by traelin0 on Dec 21, 2010 19:04:09 GMT -5
ReformedDayTrade Message #324 - 11/15/09 10:04 AM
Several of us here have pointed that out only to be meet with firestorms of personal/ malicious attacks that have denigrated our educational and work experiences. In some instances having our comments deleted and/or being banned for whatever ??....Really Absurd but glad to see some common sense being added to this discussion..
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Post by traelin0 on Dec 21, 2010 19:05:42 GMT -5
illumination fascination Message #325 - 11/15/09 12:50 PMIf you are interested in the illegal alien problem there is a currently produced documentary called 'Food, Inc'. It focuses on problems within the nation's food distribution network. It also focused on the hiring of illegal aliens within the meat packing industry. As to how major US companies have ads in Mexico advertising jobs in the USA. The companies pay for busing the illegal's to their plants and the illegal's only have to tolerate small scale random raids by immigration. If you have a chance, check it out. www.imdb.com/title/tt1286537/
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Post by traelin0 on Dec 21, 2010 19:06:49 GMT -5
Stay Put Message #326 - 11/15/09 02:32 PM
Dog, you fail to mention what I am supposedly wrong about. Reporting the facts of our economy's dire situation is alarmist. So what. We should bury our heads in the sand and hope that it all blows over? Maybe click our heels together and chant, "There's no place like home. There's no place like home.? America is supposed to open up our wallets and buy our way out of this depression? The vast majority of America is either unemployed or underemployed. So I ask you. With what are they suppose to use to buy our way out of this depression? Cash? They have none. I know credit. Woops, the banks are not offering any, or are to such a select few, and at an ungodly rate, that the few that can actually get credit have no interest in using it. Do you think that they will let us barter our way out of this depression?
Hey, I'm just looking for some answers here. If you geniuses actually have a "Realistic/Viable" solution, America is all ears. Step up and tell us you workable plan that will drag this country out from a total economic melt down. You will be the hero of the world.
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Post by traelin0 on Dec 21, 2010 19:07:27 GMT -5
Stay Put Message #327 - 11/15/09 02:36 PM
I have asked people on this board, multiple times. What will it hurt to get yourselves totally prepared for a disaster? Not just the economic disaster that will hit this country, but disaster of any kind. You buy insurance for your cars and houses, not because you believe that you will be in a horrific accident, or because you believe that your house will burn down, but because those things can happen even if you take every precaution to avoid those things. Forces outside of your control can still cause that horrific accident, or your house burning down, and that's with you people having as much control over your driving and your houses as you do.
So I ask you believers. How much actual control do any of you honestly think you have over any part of the economy? With the economy, there is no wheel for you to turn nor brake that you can slam on. There's no fire extinguisher nor water hose that you can grab to fight the flames. You have zero control over any part of our economy, and yet you people still take out no insurance to cover even the possibility of a total economic melt down, and you call us fools and doom and gloom.
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Post by traelin0 on Dec 21, 2010 19:08:59 GMT -5
ReformedDayTrade Message #328 - 11/15/09 03:19 PM
Ok let me give it a go since I know something about small businesses since I own one and employ one part time IT person to keep my computers/and software running smoothly. I did use a CPA but have been doing that task myself for the past few years to cut costs. anyhow the solution is simple give us access to more capital from the lenders to update our businesses and hopefully continue to cut costs, increase our earned income, and possibly bring on a few more partime or contract employees as needed.. Lately it is almost impossible to extend my credit lines with BofA who I have been with for 26 years..
But my understanding is that my situation is not unique but probably represents the small businesses community in most states. I could care less about doom and gloom scenarios or other nonsense about how ill informed some of us might be, or lack expertise in economic forecasting and etc.. I just would like to get an extended line of credit to increase our small business productivity by replacing my Desktop PC's and other equipment and devices since we now have Windows 7 and other software whic requires a new install or upgrade to new professional management software that was recently released for small businesses by Solar Wind Co., and new Language Software by Rosetta Stone that I could use ASAP..
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Post by reformeddaytrader on Dec 21, 2010 19:09:44 GMT -5
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Post by traelin0 on Dec 21, 2010 19:10:37 GMT -5
Stay Put Message #329 - 11/15/09 04:54 PM
And we still await your so called solutions, not crying about your problems.
Maybe, BofA going on a financial ventilator has something to do with that? Over 120 banks have failed this year alone, and thousands across the entire country are on life support, rather than let them fail and cause a mass run on the banks. Small businesses have been told that their taxes will increase, and they can just pass the cost on to the American consumer. The American consumer is broke, and government tax increases will see small businesses failing in record numbers, as the people will then be forced to go to corporate chains like Wal Mart for their essentials. Yet another massive round of record unemployment across the country. Another fabulous set of ideas out of the Obomination/Pelosi/Reid camp. Small business makes up what percentage of all employment in this country, and Obomination/Pelosi/Reid have just put forth the final death blow. Way to go Liberals.
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Post by traelin0 on Dec 21, 2010 19:11:27 GMT -5
Stay Put Message #330 - 11/15/09 05:15 PM
Again, what part of a "normal business cycle" is this supposed to be? We ARE in a Depression.
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Post by traelin0 on Dec 21, 2010 19:14:17 GMT -5
fiscan Message #331 - 11/15/09 08:22 PM
hahah a ha ah ahh ah aha h a ah ah ah ahh a ah ah
Stay Put, you're still the best. Hey RDT, you slammed me a few times here about "ammo and guns". Well get with the picture man, its;
Guns and plenty of ammo!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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