sell! sell! sell!

[Brooklynbomber]

about time to start laying some 2008 predictions

I'll start by saying an "official" recession in 2Q or 3Q 08, oil at $125 gold at least $1100....not sure about the s&P but in nominal terms will not be pretty

FED really mismanaged this, or maybe it was by design, who knows....the end game is near though.....which is a hyper-inflationary depression, followed by the end of paper currencys as we know it sometime in 09-10

time to get the bunker in order. nice call woof and tiz et all.

PS - still think the money drops will cause hyper-inflation before deflation sets in.

:smoking:

 

[tiznow]

about time to start laying some 2008 predictions

I'll start by saying an "official" recession in 2Q or 3Q 08, oil at $125 gold at least $1100....not sure about the s&P but in nominal terms will not be pretty

FED really mismanaged this, or maybe it was by design, who knows....the end game is near though.....which is a hyper-inflationary depression, followed by the end of paper currencys as we know it sometime in 09-10

time to get the bunker in order. nice call woof and tiz et all.

PS - still think the money drops will cause hyper-inflation before deflation sets in.

:smoking:

yeah since stuff started to unwind looks like hyperinflation (well i'd call it hyperstagflation) better bet than deflation

also this is the less painful option for a nation in gobs of debt, the debt burden becomes less with inflation, and more with deflation

savers screw you or you better be smart and get the fuck outta USD dominated assets

 

[Jointpleasure]

There was fear amongst many when the notion that Abu Dhabi would be hired to watch ports of US interest.

But hardly a smidgen of concern when they buy up sick US banks.

I'm sure there are many a muslim waiting to come over here and buy up some cheap housing. The shieks will send the ghetto muslims to America so the tax payer can take care of them.

Not good.

 

[tiznow]

speaking of cheap homes

-------------------------------------------

S&P: 3Q Home Prices Fall by 4.5 Percent
Tuesday November 27, 9:52 am ET
By J.W. Elphinstone, AP Business Writer
S&P Says 3rd-Quarter Housing Prices Dropped by Sharpest Rate in Index's 21-Year History

NEW YORK (AP) -- U.S. home prices fell 4.5 percent in the third quarter from a year earlier, the sharpest drop since Standard & Poor's began its nationwide housing index in 1987 and another sign that the housing slump is far from over, the research group said Tuesday.

 

[tiznow]

There was fear amongst many when the notion that Abu Dhabi would be hired to watch ports of US interest.

But hardly a smidgen of concern when they buy up sick US banks.

I'm sure there are many a muslim waiting to come over here and buy up some cheap housing. The shieks will send the ghetto muslims to America so the tax payer can take care of them.

Not good.

as for the abu dhabi buy its all just headline news far from a "bailout"

and of course there is protectionist things written in they are only alllowed to own 4.9% of C

 

[Dawoofdaddy]

JP, you are the most consistent right wing poster Ive seen at any forum.

Speaking of right wing...what happened to that guy?

Looks like jesse and al arent going to be happy today.

 

[tiznow]

approaching 13k dow again the battle rages on



squeeze them pesky bears bully have your fun while it lasts

 

[tiznow]

markets really starting to disconnect from the norm

yesterday had dollar down a nudge, gold, oil up and market down

today market up, dollar big rally, gold and oil down quite a bit

 

[eek.]

Looks like someone at google has their head screwed on.

----------------------------

Google's cheaper-than-coal target
Search giant Google is investing hundreds of millions of dollars in renewable energy technologies.
The Californian firm wants to make green energy sources of electricity cheaper than that produced from coal.

Its new initiative is known as RE < C, and will focus initially on solar thermal power, wind power and enhanced geothermal systems.

The support, to be chanelled through philanthropic arm Google.org, will go to firms, R&D labs and universities.

Google also plans to do research itself, and will be hiring its own engineers and energy experts.

"With talented technologists, great partners and significant investments, we hope to rapidly push forward," said Larry Page, Google Co-founder.

"Our goal is to produce one gigawatt of renewable energy capacity that is cheaper than coal. We are optimistic this can be done in years, not decades."

One gigawatt can power a city the size of San Francisco, one of California's biggest cities.

Google is already backing fuel-efficient cars. Google.org is giving out grants to help commercialise plug-in hybrids and fully electric vehicles.

The company itself has a 1.6-megawatt solar panel system installed at its headquarters in Mountain View, California.

http://news.bbc.co.uk/1/hi/entertainment/7115786.stm

 

[eek.]

Meanwhile corporate and political twits worry about educating poor people....'cos that might be dangerous...

Times they are a-changing...

---------------------------

A lack of "big thinking" by politicians has stifled a scheme to distribute laptops to children in the developing world, a spokesman has said.
Walter Bender of One Laptop per Child (OLPC) said politicians were unwilling to commit because "change equals risk".

But, he said, there needed to be a "dramatic change" because education in many countries was "failing" children.

In an interview with the BBC, Nigeria's education minister questioned the need for laptops in poorly equipped schools.

http://news.bbc.co.uk/1/hi/technology/7094695.stm

 

[tiznow]

calling near term top here flirting with 13k again and giving up...

bring it bully show me what you got this ain't it is it?

 

[tiznow]

really should start getting more active in trading in this environment

looks like the fun over for bully

falling off now

 

[Dawoofdaddy]

looking like it wants to go lower here.

nasdaq is already lower now than the level it fell from this morning.

 

[tiznow]

oil and gold keep falling too

sell, sell, sell

starting to amaze me how week the bear shakes are to date

can't muster multiple day bear shakes as of yet

probably have further to fall before that comes

 

[tiznow]

well bully finally putting up a fight we'll see if they can keep it going for more than 1 day

 

[Hitman26]

Just bought some SIGM today at 56 for an earnings play.


Earnings after the bell.

 

[tiznow]

looks to me like 109 usd:yen is the line in the sand right about now....was big resistence on long term chart and broke down through it now trying to come back retest that level? if they can push back up through 109 they might have something going but i kinda doubt it

sitting at 108.81

dailly update

thread started with following prices

dow 13,265.47
oil 77.50
gold 675
usd 80.75


current prices

dow 12960 -2.3%
oil 94.34 +21.7%
gold 810.7 +20.1%
usd 75.09 -7%

 

[valium]

There was fear amongst many when the notion that Abu Dhabi would be hired to watch ports of US interest.

But hardly a smidgen of concern when they buy up sick US banks.

I'm sure there are many a muslim waiting to come over here and buy up some cheap housing. The shieks will send the ghetto muslims to America so the tax payer can take care of them.

Not good.

Very True. Of course Dubai wanted to Watch our ports. it wants to protect all their billions of dollars in investments it has in the US.

Don't forget that Prince Al-walid of Saudi Arabia has been Citibanks largest shareholder for years.

 

[tiznow]

well broke up through 109 usd:yen after US close

bully might have some follow through tomorrow if they can hold it

 

[tiznow]

failed at 109 back to 108.4

looks like down tomorrow the call for the time being, asia red overall