sell! sell! sell!

[PatsFan1283]

We've become Japan as far as monetary policy goes.

Atleast with better demographics and natural resources.

The theater of the absurd part is everyone knows that it is overvalued without fed assistance at this point. Everyone just thinks they're gonna sell 20 minutes before the collapse rather than have the rug pulled from under them.

 

[snoop]

Next month NFP report has to be bad to confirm this leg up.

We're back to bad news is a good news environment again.

 

[tiznow]

Bear markets always have huge rallies.. Guess we shall see... havent seem volatility like this since the last one...

 

[PatsFan1283]

Bear markets always have huge rallies.. Guess we shall see... havent seem volatility like this since the last one...

summer of 2011 got pretty wild for a minute, remember? Then it just went back up

Went from 1370 to like 1120ish in July/Aug.

 

[eek.]

Funny how things are so predictable
"The more things change, the more they stay the same"

It'll struggle... and it'll squirm... and it'll all go up in October

A french dude: "Plus ça change, plus c'est la même chose."

 

[PatsFan1283]

Tiz we've talked nuclear in the past.

What do you think of Gates latest funding the company TerraPower? Investing a billion in it, no joke.

http://www.gatesnotes.com/Energy/Energy-Innovation

http://terrapower.com/

 

[PatsFan1283]

Eek you too.

Socialists need energy too. Sure if we perfect it then y'all can copy

 

[tiznow]

Nukes only thing that makes sense at this point in time for mankinds energy needs.. But making sense doesn't usually apply ... One problem with nukes is nobody wants them in their backyard regardless how "safe" they are.. And then you got lots of vested interests in fossil fuels... Place like Japan has no other choice ... China and India have many nuke plants in the works..

 

[tiznow]

[h=1]American Pharoah's Triple Crown win is terrible news for stocks[/h]

Al Bello/Getty ImagesVictor Espinoza atop American Pharoah after winning the 147th running of the Belmont Stakes at Belmont Park on Saturday in Elmont, New York. American Pharoah became the first horse to win the Triple Crown in 37 years.
On Saturday, American Pharoah becamethe first horse in 37 years to win horse racing's Triple Crown.
And this could be some really bad news for stocks.
Via Dave Lutz at JonesTrading, in the 10 years in which there has been a Triple Crown winner since 1928, stocks have had positive returns over the rest of the year just once.
In fact, the average return for the S&P 500 during rest of these Triple Crown was actually a decline of 9%.
Here's Lutz:
Since 1928 (when S&P data begins), there have been ten Triple Crown winners. Following those ten victories, the average change of the S&P 500 for the rest of the year was a decline of 9.01% with positive returns only once (Omaha). On the other hand, looking at the S&P’s performance in all years since 1928 where there was not a Triple Crown winner, the index has averaged a gain of more than 5% with positive returns more than 75% of the time.
Earlier Monday we highlighted commentsfrom Wells Fargo strategist Gina Martin Adams, who said that while there is rampant nervousness among stock-market investors, this could actually be good for stocks.
But if history repeats, at least when it comes to horse racing and the stock market, it could be an ugly rest of 2015.

 

[eek.]

Eek you too.

I will never be a fan of nuke stuff, the downside is too negative
Nuclear Scientists have been promising us the moon for almost a century while leaving an incredible amount of wreckage in their wake, much of that wreckage has a half life of centuries, or even thousands of years

Nice simple solar wind and wave power are where its at IMO

Any new nuclear plants in Britain and the US should be built alongside Westminster and Capitol hill as far as I'm concerned

 

[PatsFan1283]

Nukes only thing that makes sense at this point in time for mankinds energy needs.. But making sense doesn't usually apply ... One problem with nukes is nobody wants them in their backyard regardless how "safe" they are.. And then you got lots of vested interests in fossil fuels... Place like Japan has no other choice ... China and India have many nuke plants in the works..

Big problem with Nukes is the upfront costs. Not really economically competitive when you factor that in (if you factored in carbon tax or subsidies then maybe it would be)

Any accidents socialize the costs as well. Then the weapons issues. Decommissioning, the waste Etc

It has the most upside but it definitely has a long way to go.

 

[PatsFan1283]

Oil, renewables, even coal are all getting cheaper too.

It's just tough to take that long-term view for our energy needs.

 

[tiznow]

If you sum up environmental harm from fossil fuels vs nukes .. It's not even remotely close.. Yes nukes have risk of Japanese type event.. .. Don't build them on islands or near fault lines unless you have no other choice like the Japanese..

day in day out pollution/co2 emissions is nil compared.. Plus energy source is much more concentrated..as far as All the human health/injury that goes into mining oil and coal etc...

nukes just scary headline stuff.. And it being tied in the mind to bombs and bad things... Bp dumps a bunch of oil in the gulf that's just a "normal" event yawn..

 

[PatsFan1283]

If you sum up environmental harm from fossil fuels vs nukes .. It's not even remotely close.. Yes nukes have risk of Japanese type event.. .. Don't build them on islands or near fault lines unless you have no other choice like the Japanese..

day in day out pollution/co2 emissions is nil compared.. Plus energy source is much more concentrated..as far as All the human health/injury that goes into mining oil and coal etc...

nukes just scary headline stuff.. And it being tied in the mind to bombs and bad things... Bp dumps a bunch of oil in the gulf that's just a "normal" event yawn..

That doesn't mean the obstacles aren't real though.

A carbon tax basically just a tax raise on the poor/middle class so I'm not sure how feasible that is if you want to price in externality. I think it is great Gates is thinking long-term with TerraPower. A big reason nuclear has stalled is because VCs don't want to wait out that type of investment that is going to take perhaps multiple decades to pay off. The private investment market just isn't going to be as bullish on it. Like you said, not enough Elon dreamers out there. Even in SV.

This is why you need altruistic rich guys and perhaps the Gov't through applied research to pickup the slack.

 

[tiznow]

Obviously way to much vested old stale money in fossil fuel based system..

entire ME economy dependent on it for instance..

Im not claiming to have any idea how to get there with the fucked up crooked elitist system we are in now..

just saying nukes way better than fossil fuels as far as for mankind/earth in general argument.... Mainly was countering eekster post..

"they" knock nukes any chance they get.. Pretty much only time they use them is when they have no other choice (Japan island with no resources, India and China with billions of people)..

 

[tiznow]

Obviously making money wise not a lot in nukes as its a cheap efficient energy system that has a lot of upfront costs... Instead elites to stick holes in the ground and charge people to burn it...

 

[PatsFan1283]

Yeah my guess is rather than strand trillions in assets of all fossil fuels that we'll probably try to use up as much as we can before pivoting to nuclear as baseload and possibly renewables with storage in addition where it is practical.

Huge infrastructure investments needed for all of this as well as far as grid modernization goes. And unfortunately this country kinda sucks at that now for whatever reason.

 

[eek.]

I dug up the info via wiki and worked it out once

If you put every carbon energy reserve on the planet onto a big bonfire and put a match to it the energy released is no more than 2 to 3 days of solar energy hitting the planet

All that's required is the will to harness some of that energy

The biggest barrier is vested interests, politics etc (man-monkey and his tree-monkey mentality)

 

[eek.]

The true story of the damage nukes can cause to the environment will always be part of a massive cover up, too many vested interests looking for a short term buck and fuck the consequences
Everyone knows the world is run by assholes and letting assholes anywhere near nukes is just plain stupid

There was no mention of Chernobyl anywhere when this super-athlete died at 30 from cancer
Born just before and left shortly after, she lived 50-100 miles south of Chernobyl

 

[eek.]

If it's "safe" they can build the next generation of nuclear plants next to Westminster, or capitol hill
Or they can build any new nuclear facilities beside Oxford/Cambridge, Yale/Harvard, next to their kids