Hehe, good pun, no ?
So after yesterday's erudite post of scholarly thoughts [ ;-) ], today reverts to the markets. Since Babblevision and so much of the financial press provides an incessant stream of unsupported opinion [ aka fearmongering, etc. ], I want to give you a diegesis* of facts from the news of this weekend and today.
1. Copper breaks up out of a consolidation pattern to $3.67
2. Three major steel makers agree to 65% price increases for iron ore.
3. Oil back to $97.
So do those facts evince** recession for the economy? No.
Soon, the reality of the growing world economy will provide sepulture*** to all the fearmongering and recession-mongering those beefer bears.
Be patient. Buy good stocks on dips.
PS: Europe was up bigtime on Monday; Asia was up last night. US futures are up.
PPS: The problems in the aution rate municiple market means big refinancing business for the muni bond underwriters, viz, many big banks.
Words of the Day
*Diegesis - noun [$1000]; also "diegetic" adj.
"Diegesis" means 1. narration, narrative; in a speech, the statement of the case; 2. a narrative; a statement of the case.
Sentence: see * above.
**Evince - verb, transitive [$10]
"Evince" means 1. indicate, to make evident; 2. show that one has (a quality)
Sentence: see ** above; or "Hillary's campaign evinces collapse." This fine word permits one to succinctly make that statement, versus an the Gen Y version: "Hillary;'s campaign looks like it's going to collapse." One word, "evince" replaces "looks like its going to".
***Sepulture - noun [$10] (literary) [rhymes with "sepulcher" - accent on 1st syllable]
"Sepulture" means the act or an instance of burying or putting in the grave.
Sentence: see *** above; or "Will the voters of Ohio and Texas give sepulture to Hillary's campaign."
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94 comments:
agree it wud be a blessing or just nice to have a little one. i am not mad about that. just wish the worden wud let me in on what she is doing when it pertains to birth control.
i guess that is gud news for RIO, the iron ore thing. after reading your posts on RIO, i dug a bit and decided iron ore prices were going straight up. i have a whopping 100 shares. LOL
seems from your post inflation does not appear to be rolling over. so the rate cuts appear to be helping the beefers and some avg people caught up in the housing mess.
maybe ron paul is right. just get rid of the IRS (definitely agree there) and the FED (probably not the best idea, but maybe tweak it. actually i still think the big rub is the BLS. i dont believe one data from the BLS.
word of the yr in 2007 was "subprime". 2008 it will be "change". obama is clever, all he has to do is keep saying change and i voted against iraq. he hasnt been in dc long enuff to sell himself out to the devil 64 times.
its gonna be real interesting to see how the left tix plays out. will hildog stick to her thesis in 2000 that the popular vote is what shud count? judging from the way she pounding the superdelegates......well u figure the rest out.
bush wants free and democratic elections in cuba? do we have em here in the USA? i dont trust the machines. had a long talk about this with a college buddy yesterday
Bunkerman...whats the trend in the price of pork?..
SEB
pork producer
grains trader
shipping(Carribean)..Cuba(Fidel)
sugar cane, citrus
checkout end06 when SEB broke over 50dma
looks like April hogs just gapped up into a bullish flag after a long downtrend.
Those farmers can produce lots of pigs when they want to.
thanks bunk
Its an old Liz stock...when he gets back from vacation next week...it may hit his radar
Dont have earning ests or date
is CUBA a short?
I forgot to post a few more facts: NYTimes Friday, Feb 15 - a story that many medium cities show gains in housing prices - they had no bubble up and now no down. Still rising.
what recession?
S&P short interest is near the 10-year low reached in 2000 (according to Goldman as reported in Barron’s)
Please evaluate Bunkerman....
Vista computer crashed again. Sheesh.... I'm dong nothing and it crashes.
Hmm ... just after some Vista updates, too.
I have noticed over the past year that the old short interest contraian relationship doesn't seem to work well any more. It's almost like market goes down as short interst goes up and vice versa.
So am thinking about that.
Also with derivative problmes, maybe short hedging is less.
Don't know.
I guess that might confirm that the beefers can make market go anyway they wish. If they short a lot it goes down.
If they cover it goes up.
Dancing to their tune.
omg, look at gasoline up a dime.
at the pump we r looking at new highs in about 2 weeks or less.
how do u substitute gasoline, milk, beef, health care, education?
get a bike, become a vegan (how funny was it when rocket was asked if he was a vegan and he said he didnt know what that meant? ROFL!), marry a minority so your kids will get scholarships.
the fed is really cornered. they cant do much except defend the asset portion of the economy. they cant control inflation. they will jaw bone it, but actions speak louder than words.
when is congress gonna hold a 4 hour meeting with elmer to explain his actions after the tech bubble splat?
oh thats right, congrssmen and women understand the economy about as much as i understand nuclear physics. they r still trying to get the auto jobs back in michigan.
BRILLIANT!
gasoline can be saved a lot by consolidating trips.
Milk - men dring beer, babies breast feed. ;-)
beef - eat pork, chicken, tofu (ugh!), fish, etc.
health care - tough one, as it's so government controlled.
education - public school + home school as auxiliary; college is tougher.
Bunkerman..I find breast feeding after a few frosty malted beverages puts a smile on my face....sage advise indeed sir.
LOL frosty. u r one sick pup!
bman fish prices through the roof. grouper, salmon, tuna, all my faves through the roof.
chix through the roof
turkey still holding firm. but i have substituted buying deli turkey for buying a whole bird and cooking it off twice a month.
89 cents a lb versus 7 bucks a pound for deli breast. probably works out to 3 bucks a lb for the white meat.
i eat fish, chix, and turkey. i had a cheeseburger during the super bowl. i stopped eating lamb over 10 yrs ago. i stopped eating pigs about 3 yrs ago, except for the occasional rib.
RRC earnings FEB 26
what planet is this chix from
she sees oil maybe hitting near 100, and then settling down at 80.
at 50 she was probably expecting 35.
hello its is already 98
I buy the whole chicken/turkey and roast, too. Very cheap if you don't pay a guy to de-bone it, etc.
I know how to use a knife ! ;-)))
as I posted once before, most food is very cheap if one is willing to prepare & cook it.
"Inflation" comes from wanting to pay a guy/gal to do that for one. That's not inflation, it's a quality improvement.
plus u can buy steroid free birds. they cost a bit more, but taste so much better!
i cooked many summers in avalon nj in hs and college.
if i see someone using a french knife wrong i practically lose my mind.
u need to remember many famalies have two working parents, and work well over 40 hours a week. that doesnt leave a lot of time to cook properly.
everyday it gets harder to live the american dream.
becuase blue collar jobs r gone, most of us sit in front of a computer all day. come home burnt out. they dont feel like cooking or working out. if u dont work outside, imo, u shud be doing a hour of cardio 6 days a week. i wud make it seven, but my legs get tired, so i rest them 1 day a week
I eat mainly what I kill and butcher myself...elk is better than beef from a fat and taste perspective...salmon, tuna, sturgeon and the best crab in the world can be harvested nearly year round here in south alaksa...duck makes a great change of pace...fresh food is no concern in south alaska...one of the reasons home values continue to hold and increase slightly?..I doubt it, but nothing like taking a deer from your back deck.
feel free to mail me some sushi grade salmon, i will put it to gud use!
pass the wasabi!
saki bombers for all!
another horrific shooting on a campus.....and frosty boasting about his deer-hunting prowess.........he is so disgusting
how many kids need to die so frosty can hide behind bushes and shoot an innocent and defenseless animal?
PS....what about all his outrage and disgust over vick's dog-fighting? is frosty a racist or a phony???? in any event he sickens me
salmon at Costco is reasonable.
Also, paper products there are cheap. Ditto detergent. Olive oil. etc.
But you need a pantry.
Bud...and yes, stalking and then killing ones meal is just a little bonus...who said shopping for food was a pain, shopping for elk stake is what real men do and hard to find an activity that is more fun.
OOOPPPPPPPPPPPSSSSSSSS...see I smoked Bud out with my prior post....LMAOOOOOOOOO
bud thoughts on hildog pounding the superdelegates?
guns like drugs bud. if u want em, u get em, legal or not.
that shooting was crazy. no motive, no note. i wonder what the dosage of his "legal" prozac was.
if he just stuck to weed, this wud have never happened.
as long as frosty eats and uses almost the whole animal, i dont see anything wrong with killing your own food. thats more humane than the beef that was recalled. that video footage was so nasty.
i just cant in gud conscious, eat meat, except when there is nothing else around.
i guess rocket is not a vegan. LOL
now ive got the odds up to 12% of the pats being stripped of all 3 trophies.
belichik wont be coaching come sept.
U WATCH, at the very least, he is going down.
specter is so focused on this, it is insane.
doesnt he have a real job?
i need a real job!
find out anyday
goodell is done too
the reason the US lost 50k plus men in vietnam had nuthin to do with LBJ's strategy
it was cuz the US waged an illegal, immoral and unjust war against a poor peasant people who refused to surrender to an invading army
whenever the US wages an imperial and colonial war......it will lose and deserves to get beaten
that is what happened in Iraq.....it's immoral and unjust and the occupation is illegal
the overwhelming majority of americans are against the GOP's use of the armed forces for their imperial goals
PS..."the surge is working"
lmaooooooooooooooooo
the US has lost in Iraq.......it's over
PPS......the choice is clear.....if you want a 100year war...vote republican......if you want peace....vote democratic
PPPS.......lowlife scumbag john mccain
so no comment on hildog pounding the superdelegates?
doesnt that contradict her view in 2000 that the popular vote is what counts?
if i didnt know better id u really shud be supporting ron paul.
he wants out of iraq yesterday which is faster than obama or the dog. plus he wants to legalize drugs. get rid of the fed and irs.
sux he didnt gain any real mo!
maher made a gud pt friday.
we have had 43 white men run the country in a row.
and in that, only 1 catholic (probably a gud thing). 1 bachelor, and 1 retard!
bush shud be the poster child for pro choice. he shud have been aborted in the first trimester, 2nd and 3rd. hell i can argue he shud have been stabbed with a coat hanger in the heart at age 5!
I read a book written perhaps in the 1970s by McCain's father who was Commander in Chief of the Pacific fleet in the 1960s.
He wrote quite a bit about LBJ ignored the vehement advice of himself and some others.
odd that Nixon actually did in 1972 what McCain Sr. wanted and Hanoi gave up quickly. Then the Dems on Congress gave the win away. I suppose the Dems will do it again in Iraq, Afghanstan.
And McNamara ... = Rumsfeld.
it sure must bother the Oman that our 2 major foreign war victories were won by a democratic president (truman) and a dem congress
and our only 2 losses in history came under a republican president....nixon and bush
PS.....war of 1812 was lost by james madison...a republican
Bunkerman...the state of ny has gone full blown pinko...what the heck is with this friday deadline...the loss of triple a ratings sounds like the end of life as know it...the tape looks like it is actually going to respond to emperor spitzer as we form the SPY triangle...the last triangle spy pattern ended poorly... now we have the same formation and the only real news coming the end of the week...CPI, homes, philly fed, feds minutes, jobs claims...nah, it looks like it comes down to this spitzer nazi.
bud being very quiet about hildog
maybe he figured his 250 went to paying the vig on the "loan" hiliary gave to herself.
;-)
chelsea in 2016?
lol
uh frsoty........just your presence is more than enuff to 'smoke' me out
what skunky smelly stench you have......your posts make me wanna puke........you disgusting pig
War of 1812 was a tie.
Madison was in Jefferson's party - originally called "Democrat-Republican" that evolved into the Democrat party.
LBJ set the losing strategy in Veitnam.
Nixon won the war, but then the Dem congress gutted S. Vietnam's armed forces and gave Hanoi the keys.
"mission accomplished"
last time I looked, a AA or A was a long way from a default.
This is beefer fearmongering.
ROFLLLL
back in an hour - have to deliver more gold :-))
oil hits 100 today?
i vote yes
nice job bman!
i say we meet in the st louis or some other city in the middle between bud and frosty.
first rubber knife fight with lipstick.
then a steel cage match.
if still a draw, pistols at dawn!
LOLLOL!
Mern...I refuse to participate in a game of midget toss...even I have limits sir.
frosty u r killing me today.
if bud grew a beard u wud think u were taking on Ali Khamenei
tina fey hosting the first new SNL in forever.
hildog gonna get roasted!
stackhouse cost cuban an extra 11 million bucks, with his big mouth.
kidd now a mav.
the west is so loaded, one has to wonder if just getting to the finals in the west will mush whoever in the finals. especially if the celts or pistons make it to the finals.
a team out west will win 50 games and not make the playoffs.
but the sixers about 9 games under 500 r in as of right now in the east.
just went to da bank to deposit my winnings for the yr with my book.
gas was 326 for premuim yesterday. today 337. highest ive seen here is 339. shud be near 350 by tom.
when do we start seeing car pooling commercials?
frosty what's your fascination with ops expo? kind a like spin gap fillers or mfl silver bug?
you're a janitor......don't forget where you came from
sheeeeeesh
is this a recession?
silver was 3.50 an ounce in 2003. now 17.50.
pretty smart being a silver bug, no?
it has outperformed gold, no?
i dont know bud, but super target and walmarts parking lots r packed to the guilds right now. and it is a "depression" here. just ask anyone, as they dine out, fill up thier hummer as they toe thier boat to a dock.
i seriously dont get it!
45 more cents for oil
maybe the fed will do another 75 in march.
there it is 100!
what inflation?
S's over N's today.....AAPL @ the close??
uh Bud...ops expo was last week, wake up dude...this week we have the lunar eclipse in play....you need a leason in strategery.
Bunkerman do you think this copper move is for real? or is it clumsy beefers pouring in as other commodities melt up? copper at $3.75 is astounding in a slowing economic environment....
CROX reports tonight, what do you think Mern? Bud, what is the metro sexual take on the new product lines, sounds like the eruotrash types like it.
omg, LMAO!!!!!
r u trading drunk again?
im short CROX in my pretend account
;-)
TALLAHASSEE, Fla. -- The teaching standards for Florida schools include the word "evolution" for the first time, under a decision Tuesday by the state school board.
The board approved the use of the term "scientific theory of evolution" in public schools science standards.
Previously, the term was couched by using phrases such as "change over time." The reaction in Tallahassee from those opposed and those for the change was fairly low key, Local 10 reported.
Adding the term "scientific theory" before the term "evolution" was a modified proposal at least one board member called a compromise, not standards proposed originally to the committee. The option to include "scientific theory" was made late last week. The amendment, which supporters refer to as the "academic freedom proposal," was unveiled late Friday.
Board member Roberto Martinez said that the revision had been made to "placate" people who disagreed with the standards.
Terry Kemple, the executive director of the Community Issues Council in Tampa, opposed adding the language "scientific theory" during public comments. In his group's opinion, he said, adding "scientific theory does not begin to even address the problems" with the standards, which were drafted over approximately the past year.
John Sullivan, executive director-treasurer of the Florida Baptist Convention, has been outspoken in his opposition of the proposal. Sullivan sent a letter to all members of the Board of Education on Feb. 17 on behalf of the Convention's State Board of Missions, which represents Florida Baptists.
He said the teaching of evolution in Florida's schools should include scientific criticisms of the controversial theory.
The state Board of Education agreed to adopt the new curriculum standards Tuesday by a narrow 4 to 3 vote.
JESUS CHRIST THIS STATE SUX!!!!!
Mern...you should short CROX into the close.
especially mern............but all of you need to watch my new favorite show
Breakin Bad.......sunday nites at 10 on AMC
it is phenomenal
about a high school teacher who has cancer and decides to make crytal meth ..........it is great
only 3 episodes in......you can easily catch up mern......is it on "indemand"
i read about that show. the dad from malcolm in the middle is the star. he is funny.
what network?
lindsay lohan posing a marilyn monroe, naked. does that mean lindsay will be taking a dirt nap in 6 weeks.
maybe they will bury her next to hiliary.
frosty, AMTD refused to give me margin, i cant short. LOL!!!!!!!!!!
i still need to reapply for margin, but what is the point, if i have to tat everything to BSC in two weeks anyway.
my trading days r over!
oh amc, is on indemand?
I don't have a strong opinion on copper. But I figure the world has strong/moderate growth & China & India need lots. Mines take yars tostart. So it hit 4, then pulled back to 3, and has based and bounced awhile. So maybe it breaks $4 again. When this recession-mongering dies out - hehe gets sepultured - copper goes to $5.
Any ST move can just be beefers, of course. Or China might be re-stocking - they do that every year or so & then draw down, then rebuild.
GOOG looks headed to 350
another nutty ping pong day. Ahhh ... LT investing seems better & better. All this virutal buying & selling gets washed out.
Guess I'd better get ready to sell more gold.
Selling some silver over $18, too.
yes AMC.......american movie classics.....channel 254 on directv.......strange place for it.....when u see it u wonder why it's not on hbo or showtime
set your tivo.....reruns almost every nite
AAPL looks headed to 100
"macs are great"
lmaooooooooooooooooooooooooo
i have vz cable, will check it out, but i dont see it on indemand.
im glad lost is back on the air. what a name for that show. i get lost just watching it.
so i am guessing the end pt is like 2 or 3 seasons out, from what ive read.
starting to look like the crash was some type of govt conspiracy/ cover up.
they done with the flashbacks, and now into flashforwards. so only 6 of the original plane crash make it home. 4 have been identified. how the iraqi is now doing hits for ben (leader of the other), in the future was a neat twist.
Re copper, I do own PCU and FCX for LT.
I'll buy mor AAPL at 107, double load.
u said "load"
double load, what is this. saturday nite in april?
LOL
I'm really liking this asset allocation stuff I do for the Krypto Fund. If one is patient and sticks to the numbers, great buys & sells get made.
But I sometimes lose discipline. I jumped the gun in August, and sold my TIPs too soon. Could have done a lot better.
I need a purely mechanical method to control my buck fever.
i dont know frosty, this chix loves CROX on RM.
although she owns none
what a great site, gonna miss it
Ok-I just got back from Las Vegas from the MAGIC apparel convention, where I got a special behind the scenes look at what's in the hopper for CROX. Now, those of you close readers know I have been and remain bullish on the name. After having a look see at new products from You by Crocs and the Ocean Minded line, along with what is new for the company in apparel, I feel really good about this name in to earnings today.
Why? Diversification, international exposure, price points and new brands. Moreover--their booth was jam-packed with buyers late into the evenings during the show. There is so much more to this brand than rubber clogs, as I have said before. This new higher end fashion line called You By Crocs, fills a much needed niche for the name, bringing the Croslite comfort technology with sleek hi -fashion footwear looks. The stuff looks amazing, and remarkably--non-Crocs at first glance, which some of you will find comforting. The styles are completely trend right, and the price points capping just under $300.00 are exactly the type of trading-up category the brand needs to diversify and round out its product offerings. (I bought three pairs of boots on the spot--that's my test)
Backpacks, 'Mammoth' shearling, molded rubber beach bags, men's athletic apparel, all these line extensions give more breadth and depth to the brand. There's STILL lot's of room for growth here kids. And, not to mention, my buddy Jeff Klinefelter said in his fab note that Sportscan sees YTD sales of Crocs increasing 103%. With approx 7M units/month flowing through now vs. 3M at end of FY 06 it would seem that the company is managing its flow of goods rather well. Trading around 12x I believe this name is compelling. We'll know more after the close.
Position: NONE
Doug Kass
Take What Mr. Market Gives You
2/19/2008 3:20 PM EST
I am covering some trading shorts put out today on the late-afternoon weakness.
Buy the dips and sell the rips in one of the greatest trading markets in years.
Take what Mr. Market gives you.
Position: None
doug kass is a pure whore. he changes his mind more than cramer until he is wrong then he just avgs down until he gets an uptick and then claims victory. i seriously have no idea how he makes money.
Bunkerman...you have already called your shot...so the bottom is not in...or are you just letting Bud bully you...shame on you sir.
Bud bully me .... lolol ROFLMAO.
Bud will be whining tomorrow silently as hildog eats more dust.
I'd like to see those dumb beefers knock AAPL to 107.
2nd interview tom at 1030
nice!
good luck mern!!
Mern...make sure and polish your head before the interview, anything to cause some distraction...and for god's sake man, don't tell any soccer stories.
CROX...mern book you 15% and move on...well done.
he told me to wear a golf shirt, no tie.
i failed a DT this weekend.
i wonder when they DT me, before or after an offer?
i guess ill be pounding cranberry juice and h2o in the am, just in case.
its been almost 2 weeks since my last bong hit.
man oh man do i miss weed. i love it! id marry it if i cud! weed never stopped taking the pill without telling me
LOL!
ok just booked 5 beans in my pretend act. now im doing pretend bong hits.
opps the RM girl was wrong, shocking!
"man oh man do i miss weed. i love it! id marry it if i cud! weed never stopped taking the pill without telling me"
ohhh maaan...lmaoooo
mern...check out pass your drug test .com....they have a time table for each drug...the chub, 2days to 11 weeks...but they will sell you something to speed the process....they have same day solutions that you take an hour before a test...to pass a blood test they have a product that you take for 4-6 weeks...you best nail down thier drug test policy and repsond accordingly.
frosty i have throughly researched everything,its all bs!
really the only thing u can do for da weed is what i am doing.
THC hides in your fat. ive have dropped about 10 lbs put seem stuck at 160 give or take a LB.
then right before the test like 2 or 3 days, u put on say 5 lbs, of fresh non toxic fat. if they take a hair, draw blood or swab my mouth i am screwed.
id love to know what BSC does, but cant seem to figure out how to ascertain that info with exposing myself.
Mern...you research skills suck...you think you are the first to test a BSC...those drug detox companies have service reps and on line chat...a little effort and my bet is you find their methods...dayton must give out sheep skins like Bud's biker bar hands out latex gloves...hard to make a living paper trading CROX>
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