for who betit?
ebay just stopped the AH party warns for 2008 :scared1:
i'm just watching the stock prices
qcom
http://www.reuters.com/article/marketsNews/idUKWNAS741420080123?rpc=44
symc
http://biz.yahoo.com/iw/080123/0352150.html
cof
http://biz.yahoo.com/prnews/080123/new048a.html?.v=1
ebay
http://biz.yahoo.com/rb/080123/ebay_results.html?.v=1
ebay just stopped the AH party warns for 2008 :scared1:
i'm just watching the stock prices
qcom
http://www.reuters.com/article/marketsNews/idUKWNAS741420080123?rpc=44
symc
http://biz.yahoo.com/iw/080123/0352150.html
cof
http://biz.yahoo.com/prnews/080123/new048a.html?.v=1
ebay
http://biz.yahoo.com/rb/080123/ebay_results.html?.v=1
well think we will be able to get more follow through on bearshake
overall markets up in AH
qcom really ramping like a madman
plus in the morning we got alot of biggins that have alot of international exposure so numbers should be fine
don't let um fool yah
ffiv skying reporting in line
also qcom missed by a penny but markets in bull mode now so don't really matter what the numbers are
overall guidence inline or missed but right now it really don't matter
momo is on their side short term
get your bear shake on
overall markets up in AH
qcom really ramping like a madman
plus in the morning we got alot of biggins that have alot of international exposure so numbers should be fine
don't let um fool yah
ffiv skying reporting in line
also qcom missed by a penny but markets in bull mode now so don't really matter what the numbers are
overall guidence inline or missed but right now it really don't matter
momo is on their side short term
get your bear shake on
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Tizdoom, give up trying to 'predict' the markets -- you'll go broke.
The only thing you can do is look for emotionally-driven spikes (bear or bull) and capitalize.
We're not going into your bear cycle (unless the Dems win and tax and spend us into the poorhouse) -- the economy is fundamentally sound.
The only thing you can do is look for emotionally-driven spikes (bear or bull) and capitalize.
We're not going into your bear cycle (unless the Dems win and tax and spend us into the poorhouse) -- the economy is fundamentally sound.
blah blah blah
give me substance why economy is "fundamentally sound"
enough of the generic bull rhetoric, next
bottom line the fed don't cut 75 bp emergency style if we are "fundamentally sound"
they didn't even go that far in 2000-2002 and moved way earlier this go round telling me things are worse
they can try to stop it but they won't
watch the fed they give their tells short term movements all noise
also speaking of dems
here's what we got coming joe
they already prepping post great depression new deal style
:monsters-
-------------------------------------------------------
Lawmakers Urge Spending on Infrastructure, Housing (Update1)
Jan. 23 (Bloomberg) -- U.S. lawmakers are proposing 1930s- style investments to boost the economy, including public works projects and reviving a New Deal agency to stop housing foreclosures.
Senate Majority Leader Harry Reid, a Nevada Democrat, today called for a long-term stimulus plan to build roads, utilities, schools and housing. Representative Mark Kirk, an Illinois Republican, and Senator Christopher Dodd, a Connecticut Democrat, urged re-creating a federal agency to help homeowners refinance.
The proposals are reminiscent of the approach President Franklin Delano Roosevelt took to get the nation through the Great Depression.
House Majority Leader Steny Hoyer said both parties agree that any item in the stimulus measure must be fast-acting. ``Whatever we do is going to have a 12-month shelf life,'' he said.
Reid and New York Democratic Senator Charles Schumer said they want to look ahead to the longer term.
``We really need a one-two punch to deal with this economy,'' Schumer said.
Barry Bosworth, an economist at the Brookings Institution who worked in President Jimmy Carter's administration, called the infrastructure and housing proposals ``both very bad ideas.''
The Short Term
``If you thought this was a recession that was going to go on for years, this might be useful,'' Bosworth said. ``But nobody thinks that's the case.''
Bosworth and Peter Orszag, director of the Congressional Budget Office, said infrastructure projects are unlikely to stimulate the economy because they take too long to plan and implement.
Lawmakers are racing to enact a stimulus measure of about $150 billion to avoid a looming recession. U.S. stocks rallied today after falling for five days in a row. The Federal Reserve yesterday made an emergency cut in its benchmark overnight lending rate, lowering it three-quarters of a point to 3.5 percent.
``We should now put in place a substantial stimulus, involving temporary spending, temporary tax rebates, well- targeted to maximize impact on a timely basis,'' former Treasury Secretary Robert Rubin told the U.S. Conference of Mayors.
Three-Week Timetable
Reid said lawmakers are trying to get stimulus legislation to President George W. Bush within three weeks, a sprint compared with Congress's usual pace. It took until March 2002 to enact a stimulus plan after the Sept. 11, 2001, terrorist attacks.
Congressional leaders are going to bypass the normal committee process to get the bill to the House floor for a vote, Hoyer said.
Among the proposals likely to be included in the package are tax rebates of as much as $1,600, tax breaks for businesses to promote investment, an extension of unemployment insurance benefits and more money for food stamps. Lawmakers haven't decided whether to include infrastructure spending.
House Speaker Nancy Pelosi of California and House Minority Leader John Boehner met with Treasury Secretary Henry Paulson today to begin working out details, including whether rebates would be available to workers who pay no income tax but do have Social Security and Medicare taxes deducted from their paychecks.
State of the Union
Boehner said they haven't agreed on the details and aren't sure they can get a deal in time for Bush's State of the Union speech Jan. 28.
``While we want to do this quickly, we want to do it right,'' Boehner said, echoing Bush.
``Time is of the essence,'' said Jason Furman, an economist at the Brookings Institution in Washington. ``The leaders in Congress have been talking about getting this done in 30 days,'' he said. ``As long as you keep the bill simple and focused on short-term economic stimulus and don't get into the broader debate, that's feasible.''
That may be difficult because such bills frequently turn into what are known in Washington as legislative Christmas trees, decorated with lawmakers' pet proposals.
``Most senators are going to want to add their own little amendments to this bill,'' said Pete Davis, an economist who heads Washington-based Davis Capital Investment Ideas and once worked for the Senate Budget Committee.
Reid will ``have to make a decision on whether to play ball with Republicans to get a bill out and in doing so fight off people like Mrs. Clinton,'' Davis said, referring to New York Senator Hillary Clinton, a Democratic presidential candidate.
Mortgage Interest
Clinton has proposed freezing mortgage interest rates and giving $30 billion in aid to states and cities. Her Democratic presidential rival, Illinois Senator Barack Obama, has called for an immediate $250 tax cut for American workers, an extra $250 Social Security payment for senior citizens and $10 billion to help people facing foreclosure.
Democrats control both houses and may want the bill to contain home-heating and foreclosure assistance, Davis said. That may take much longer to pass and face a veto threat from the president.
On the Republican side, Representative Eric Cantor of Virginia again urged slashing the corporate tax rate to 25 percent from 35 percent.
Senator Charles Grassley, the top Republican on the tax- writing Finance Committee, said pressure for pet proposals from interest groups is inevitable. ``It happens every tax bill,'' he said. ``We've only been in town 24 hours.''
here's what we got coming joe
they already prepping post great depression new deal style
:monsters-
-------------------------------------------------------
Lawmakers Urge Spending on Infrastructure, Housing (Update1)
Jan. 23 (Bloomberg) -- U.S. lawmakers are proposing 1930s- style investments to boost the economy, including public works projects and reviving a New Deal agency to stop housing foreclosures.
Senate Majority Leader Harry Reid, a Nevada Democrat, today called for a long-term stimulus plan to build roads, utilities, schools and housing. Representative Mark Kirk, an Illinois Republican, and Senator Christopher Dodd, a Connecticut Democrat, urged re-creating a federal agency to help homeowners refinance.
The proposals are reminiscent of the approach President Franklin Delano Roosevelt took to get the nation through the Great Depression.
House Majority Leader Steny Hoyer said both parties agree that any item in the stimulus measure must be fast-acting. ``Whatever we do is going to have a 12-month shelf life,'' he said.
Reid and New York Democratic Senator Charles Schumer said they want to look ahead to the longer term.
``We really need a one-two punch to deal with this economy,'' Schumer said.
Barry Bosworth, an economist at the Brookings Institution who worked in President Jimmy Carter's administration, called the infrastructure and housing proposals ``both very bad ideas.''
The Short Term
``If you thought this was a recession that was going to go on for years, this might be useful,'' Bosworth said. ``But nobody thinks that's the case.''
Bosworth and Peter Orszag, director of the Congressional Budget Office, said infrastructure projects are unlikely to stimulate the economy because they take too long to plan and implement.
Lawmakers are racing to enact a stimulus measure of about $150 billion to avoid a looming recession. U.S. stocks rallied today after falling for five days in a row. The Federal Reserve yesterday made an emergency cut in its benchmark overnight lending rate, lowering it three-quarters of a point to 3.5 percent.
``We should now put in place a substantial stimulus, involving temporary spending, temporary tax rebates, well- targeted to maximize impact on a timely basis,'' former Treasury Secretary Robert Rubin told the U.S. Conference of Mayors.
Three-Week Timetable
Reid said lawmakers are trying to get stimulus legislation to President George W. Bush within three weeks, a sprint compared with Congress's usual pace. It took until March 2002 to enact a stimulus plan after the Sept. 11, 2001, terrorist attacks.
Congressional leaders are going to bypass the normal committee process to get the bill to the House floor for a vote, Hoyer said.
Among the proposals likely to be included in the package are tax rebates of as much as $1,600, tax breaks for businesses to promote investment, an extension of unemployment insurance benefits and more money for food stamps. Lawmakers haven't decided whether to include infrastructure spending.
House Speaker Nancy Pelosi of California and House Minority Leader John Boehner met with Treasury Secretary Henry Paulson today to begin working out details, including whether rebates would be available to workers who pay no income tax but do have Social Security and Medicare taxes deducted from their paychecks.
State of the Union
Boehner said they haven't agreed on the details and aren't sure they can get a deal in time for Bush's State of the Union speech Jan. 28.
``While we want to do this quickly, we want to do it right,'' Boehner said, echoing Bush.
``Time is of the essence,'' said Jason Furman, an economist at the Brookings Institution in Washington. ``The leaders in Congress have been talking about getting this done in 30 days,'' he said. ``As long as you keep the bill simple and focused on short-term economic stimulus and don't get into the broader debate, that's feasible.''
That may be difficult because such bills frequently turn into what are known in Washington as legislative Christmas trees, decorated with lawmakers' pet proposals.
``Most senators are going to want to add their own little amendments to this bill,'' said Pete Davis, an economist who heads Washington-based Davis Capital Investment Ideas and once worked for the Senate Budget Committee.
Reid will ``have to make a decision on whether to play ball with Republicans to get a bill out and in doing so fight off people like Mrs. Clinton,'' Davis said, referring to New York Senator Hillary Clinton, a Democratic presidential candidate.
Mortgage Interest
Clinton has proposed freezing mortgage interest rates and giving $30 billion in aid to states and cities. Her Democratic presidential rival, Illinois Senator Barack Obama, has called for an immediate $250 tax cut for American workers, an extra $250 Social Security payment for senior citizens and $10 billion to help people facing foreclosure.
Democrats control both houses and may want the bill to contain home-heating and foreclosure assistance, Davis said. That may take much longer to pass and face a veto threat from the president.
On the Republican side, Representative Eric Cantor of Virginia again urged slashing the corporate tax rate to 25 percent from 35 percent.
Senator Charles Grassley, the top Republican on the tax- writing Finance Committee, said pressure for pet proposals from interest groups is inevitable. ``It happens every tax bill,'' he said. ``We've only been in town 24 hours.''
Whatever metric you wanna use by any historical or relative standard.
GDP, inflation, unemployment, interest rates...anything.
Who's gonna pass us, tizdoom?
A few of you bears see a little normal regression and right away it's PANIC!
Paul says the dollar is worth 4 cents claiming we're being robbed. (lol) Yet our standard of living keeps going up and up and up. Does he not remember when interest rates were 21%? (lol)
You're not looking at the "big picture"...the LONG term. You see everything through a day-to-day lens (and all the short term volatility that goes along with it).
Being a perma-bear is a psychological state of mind -- nothing more. Perma bears are just very negative people and use the markets as their release point.
We're still living through the Reagan boom...almost 30 years later.
What a ride! What a country!
Now if only government would fuck off and stay out of our hair, the boom might last forever!
arty:of course i'm looking at the big picture
my day to day rants just noise for amuzement
i've been preaching we heading lower for months and if you read the whole thread you can see all mine and others reasoning behind it
not just a paragraphs of bull crap
and look what happened we lower
it will be a volitile ride down
this isn't just some nasty correction
20 years from now the markets will likely be higher, but why in the hell would you ride the wave down right now
get out and buy back in on the cheap down the road that's how the real money is made
not bag holding instead standing outta the way when the bad times come
or even go as far as me and bet against the markets
my day to day rants just noise for amuzement
i've been preaching we heading lower for months and if you read the whole thread you can see all mine and others reasoning behind it
not just a paragraphs of bull crap
and look what happened we lower
it will be a volitile ride down
this isn't just some nasty correction
20 years from now the markets will likely be higher, but why in the hell would you ride the wave down right now
get out and buy back in on the cheap down the road that's how the real money is made
not bag holding instead standing outta the way when the bad times come
or even go as far as me and bet against the markets
for example those that have held longs from 2000 to now are down quite a bit
those that sold out near the top in 2000
and bought back near the bottom in 2002 are cleaning house
obviously timing the top is hard
actually bottom calling is much harder IMO
that said its not about calling the ultimate top or bottom
lets say am a long term investor
my stocks high was 65
now i see the writing on the wall and sell out at 55 due to recent developments and me becoming overall bearish about the moderate term economy
i turn out to be right, going forward i buy back at 30
it bottoms at 20
and than 10 years form now its 100
i made a TON of money being out from 55 to 30!!
that's all i'm saying
bear swings of a only a few years can take many years or even decades to get back (see 2000 to 2002)
i'm young and can take risk as far as shorting the markets and getting more strongly against my convinctions i don't suggest this route to everybody but i do suggest protecting capital in this environment
those that sold out near the top in 2000
and bought back near the bottom in 2002 are cleaning house
obviously timing the top is hard
actually bottom calling is much harder IMO
that said its not about calling the ultimate top or bottom
lets say am a long term investor
my stocks high was 65
now i see the writing on the wall and sell out at 55 due to recent developments and me becoming overall bearish about the moderate term economy
i turn out to be right, going forward i buy back at 30
it bottoms at 20
and than 10 years form now its 100
i made a TON of money being out from 55 to 30!!
that's all i'm saying
bear swings of a only a few years can take many years or even decades to get back (see 2000 to 2002)
i'm young and can take risk as far as shorting the markets and getting more strongly against my convinctions i don't suggest this route to everybody but i do suggest protecting capital in this environment
