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Dow 9,000 - or less?


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Guest One of Five

 

what happened to the bloodbath???

 

Ih well everyone is entitled to get something wrong once in a while (though nothing in yesterday's new portended a bloodbath)

 

At least your not consistantly wrong like that clueless McCabe - he really is that stupid......

 

Oh Gator Girlie,, I'm sorry - no tips o' the hat today?

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I continue to expect the market to retest the lows set earlier this year, and don't know that I would be a buyer even at that point. There was a saying we had when I still worked on wall st, which was

No.  Just saying there's no chance Trump as a 70 year old suddenly transforms into a decent human being with leadership qualities who cares about others as opposed to a self obssessed vainglorious bul

1) October is gonna be an actual bloodbath given what's obviously happening on the ground in AZ, TX, SC, etc. 2) November 4th is gonna be an even bigger metaphorical bloodbath 3) The GOPs we

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Because it didn't happen today doesn't mean there isn't an underlying weakness when you look into the numbers

that suggests a greater than 50/50 chance for unsustainable short term growth.

 

The numbers that are coming out suggest that earnings targets are being hit by some like INTC or TXN but revenue targets are falling short more than half the time.

That's not the face of growth. That doesn't change employment

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Because it didn't happen today doesn't mean there isn't an underlying weakness when you look into the numbers

that suggests a greater than 50/50 chance for unsustainable short term growth.

 

The numbers that are coming out suggest that earnings targets are being hit by some like INTC or TXN but revenue targets are falling short more than half the time.

That's not the face of growth. That doesn't change employment

 

Reasonable people don't look to the top line of INTC or TXN as an indicator of overall growth in the economy. Sit back and watch the market is undervalued - it's time to put a little cash in play.

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Undervalued compared to what? Current P/E ratios?

 

Looking backwards as a tool to determine what will happen going forwards seems odd.

Premiums are not impressive on some calls I've been looking at.

 

Looking at the options market at this point in the recovery is not helpful wait a couple of months the tea leaves are settling nicely...

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That they came out with that iPad and a new iPhone and people are rabidly addicted to anything with that trademark on it.

I don't consider Apple a bellweather stock as their sales are not based on rational purchase decisions.

 

I bought Apple when it was $24.xx. I doubled my money and jumped out. I hate talking about AAPL. I could have retired.

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As a guy who is in the marketing and advertising industry, I will venture there is no better than Jobs.

He will be in textbooks for a long time. Now there's a guy deserving of a tip 'o the hat!

 

Revitalize a basically defunct company by selling MP3 players. Fack.

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Guest One of Five

yup, Sculley and Jean Louis Gassee couldn't do 25 percent of what Jobs has done. I liked Sculley a lot too... he and his brother Arthur had a private equity company that did OK for a while after he retired from Apple.

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  • 3 weeks later...

Yoo Hoooooooooooooooooo.

 

Booooooooooby? You've been unusually quiet. :P

 

TOTH time?

 

http://finance.yahoo...3&asset=&ccode=

 

I'll let the facts speak:

 

"U.S. stocks finished lower on Friday and posted heavy losses for a week that saw major averages again turn negative for the year as concerns about economic growth returned to the fore."

 

http://www.marketwatch.com/story/stocks-see-heavy-weekly-loss-on-growth-worries-2010-08-13

 

Tip of the hat time?

 

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Guest One of Five

Yoo Hoooooooooooooooooo.

 

Booooooooooby? You've been unusually quiet. :P

 

TOTH time?

 

http://finance.yahoo...3&asset=&ccode=

 

I'll let the facts speak:

 

"U.S. stocks finished lower on Friday and posted heavy losses for a week that saw major averages again turn negative for the year as concerns about economic growth returned to the fore."

 

http://www.marketwatch.com/story/stocks-see-heavy-weekly-loss-on-growth-worries-2010-08-13

 

Tip of the hat time?

 

Are we starting this up again??? He's learned his lesson. Every blip up or down in the Dow has zippo to do with the President.

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I put the question to BG and Wabbit both about 6 months ago. "Where would you put your money" The financial experts couldn't answer.

 

The dummies couldn't listen to me either.

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I put the question to BG and Wabbit both about 6 months ago. "Where would you put your money" The financial experts couldn't answer.

 

The dummies couldn't listen to me either.

 

Back in the spring of '09 there was a poster here named Baltic Bandit who had all sorts of multipliers (like 2.5 or so) that he claimed were the impact of "stimulus". Just print a dollar, and presto, $2.50 of activity results. Just like that.

 

Now that a trillion has gone down the drain with no exponential growth magically appearing I can't remember the poor chap checking in with more rosy updates.

 

Yet BG soldiers on.

 

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So what happened with the Dow? Below 9K? Is this thing going to turn around and head in the right direction any time soon?

Yes, next month in fact, unless the administration and both factions in the House and Senate drink a steaming hot mug of lets-compromise-on-debt-reduction-and-save-the fucking-economy instead of failing to raise the debt ceiling.

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Because it didn't happen today doesn't mean there isn't an underlying weakness when you look into the numbers

that suggests a greater than 50/50 chance for unsustainable short term growth.

 

The numbers that are coming out suggest that earnings targets are being hit by some like INTC or TXN but revenue targets are falling short more than half the time.

That's not the face of growth. That doesn't change employment

 

Reasonable people don't look to the top line of INTC or TXN as an indicator of overall growth in the economy. Sit back and watch the market is undervalued - it's time to put a little cash in play.

 

 

Tip of the hat to me!!!

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I put the question to BG and Wabbit both about 6 months ago. "Where would you put your money" The financial experts couldn't answer.

 

The dummies couldn't listen to me either.

 

Back in the spring of '09 there was a poster here named Baltic Bandit who had all sorts of multipliers (like 2.5 or so) that he claimed were the impact of "stimulus". Just print a dollar, and presto, $2.50 of activity results. Just like that.

 

Now that a trillion has gone down the drain with no exponential growth magically appearing I can't remember the poor chap checking in with more rosy updates.

 

Yet BG soldiers on.

 

 

Yoo hoo Booby!!!!!

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I thought we were all having problems with the rich getting richer, wall street ass holes, etc. What about the regular gus? Where are the jobs, BG?

 

Besides saddling my minor kids with now over $40,000 of debt and making the rich richer, what has our president done for the common man/woman....besides closing Gitmo, getting us out of Afghanistan and pissing off a lot of people who took a huge bite out of the "Hope and Change" crap sandwich?

 

If he's doing such a fucktabulous job, why does he need to raise a billion dollars to keep fucking us over?

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I thought we were all having problems with the rich getting richer, wall street ass holes, etc. What about the regular gus? Where are the jobs, BG?

 

Besides saddling my minor kids with now over $40,000 of debt and making the rich richer, what has our president done for the common man/woman....besides closing Gitmo, getting us out of Afghanistan and pissing off a lot of people who took a huge bite out of the "Hope and Change" crap sandwich?

 

If he's doing such a fucktabulous job, why does he need to raise a billion dollars to keep fucking us over?

 

 

Come on RD you don't want me to post a jobs chart with Bush and Obama do you?

 

Look if you have a beef with Obama start a thread but this thread is about the amazing performance of equity markets under Obama's steady hand (as well as the fact that democRATS are better for stocks than regressives)Let's face it regular guys own stock and are no doubt giving thanks to Obama everyday

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Stimulus by Fed Is Disappointing, Economists Say

 

By BINYAMIN APPELBAUM

 

Published: April 24, 2011

WASHINGTON — The Federal Reserve's experimental effort to spur a recovery by purchasing vast quantities of federal debt has pumped up the stock market, reduced the cost of American exports and allowed companies to borrow money at lower interest rates.

 

But most Americans are not feeling the difference, in part because those benefits have been surprisingly small. The latest estimates from economists, in fact, suggest that the pace of recovery from the global financial crisis has flagged since November, when the Fed started buying $600 billion in Treasury securities to push private dollars into investments that create jobs.

 

 

A study published in February found that interest rates decreased, but only for companies with top credit ratings.

 

"What has it done? It has eased credit conditions, it has pumped up the stock market, it has suppressed the dollar," said Mickey Levy, Bank of America's chief economist. "But does the Fed think that buying Treasuries and bloating its balance sheet is really going to create permanent job increases?"

NY Times article

 

When will BG celebrate job creation and GNP growth like he celebrates Wall Street's equity valuations?

 

Stay tuned........

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Because it didn't happen today doesn't mean there isn't an underlying weakness when you look into the numbers

that suggests a greater than 50/50 chance for unsustainable short term growth.

 

The numbers that are coming out suggest that earnings targets are being hit by some like INTC or TXN but revenue targets are falling short more than half the time.

That's not the face of growth. That doesn't change employment

 

Reasonable people don't look to the top line of INTC or TXN as an indicator of overall growth in the economy. Sit back and watch the market is undervalued - it's time to put a little cash in play.

 

 

Tip of the hat to me!!!

 

 

MRO, BTU and gold went on a tear too. AFA retaining your value, you did well - and I hope to HELL that you didn't jump out of AAPL when I said to.

I don't believe any real growth in wealth has occurred though (across the board, your AAPL is flying!) The deflating dollar is causing a rise in stock value, as that value is intrinsic vs. the 'value' of the dollar.

 

Tip o' that hat on AAPL. God, I hate that stock. I put a lot of money in it at 12 bucks. I coulda retired on MP3 players had I stuck with it.

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I don't bet on the markets.

Have you read the article I linked above?

You started a thread about when the market would crack 9,000, Babooby.

 

Happy hour? You into the Gin?

 

Read Post #1, Sol.

 

Hey, how's your research going on all my flip flops? Almost done?

 

I'm on the edge of my seat for sure. the thought of you wasting more of your life staring at a dark cubicle wall researching comments made years ago by others amuses me.

And it obviously occupies your life, for reasons unknown.

 

Oh, and you charge that I had a previous screen name here - you got the goods on that too?

 

Back to your dark cubicle for you, Sol, and get crackin'.

Any comment on the article above?

Or just leave it on ignore?

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Just "came into" some gold and silver. Sell now?

 

Bull Gator is your best bet for investment advice. Hear he has a long list of clients who make all their moves on his "Tip of the Hat" pronouncements.

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Just "came into" some gold and silver. Sell now?

 

Bull Gator is your best bet for investment advice. Hear he has a long list of clients who make all their moves on his "Tip of the Hat" pronouncements.

 

 

I have schooled you AGAIN!!!!!!!!!!!!!!!!!!!

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Sorry Babooby, but once you answer the question about your identity prior to the DemocRAT winning the White House, I'll get right on that.

 

Still into the Gin at happy hour?

 

 

Still got nuthin.

 

Really, Sol, you are convinced that I existed here prior to 11/08, so by all means lets hear it..

 

You must amuse yourself making false accusations of others here. Now you can go back to your dark cubicle and surf some porn or whatever you do with your "leisure" time.

 

Get some sleep. Staying up till 3:10 am on your computer is not good for you.

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Because it didn't happen today doesn't mean there isn't an underlying weakness when you look into the numbers

that suggests a greater than 50/50 chance for unsustainable short term growth.

 

The numbers that are coming out suggest that earnings targets are being hit by some like INTC or TXN but revenue targets are falling short more than half the time.

That's not the face of growth. That doesn't change employment

 

Reasonable people don't look to the top line of INTC or TXN as an indicator of overall growth in the economy. Sit back and watch the market is undervalued - it's time to put a little cash in play.

 

 

Tip of the hat to me!!!

 

 

MRO, BTU and gold went on a tear too. AFA retaining your value, you did well - and I hope to HELL that you didn't jump out of AAPL when I said to.

I don't believe any real growth in wealth has occurred though (across the board, your AAPL is flying!) The deflating dollar is causing a rise in stock value, as that value is intrinsic vs. the 'value' of the dollar.

 

Tip o' that hat on AAPL. God, I hate that stock. I put a lot of money in it at 12 bucks. I coulda retired on MP3 players had I stuck with it.

 

 

I've held apple for a LONG time saw it go from $100 to 170 and then drop to 70 (should have never let that happen). Unfortunately only had $20K of it at the start...

 

That said the impact of the $ on the price of stocks is VASTLY overstated. The increase in stock prices is as it alway has been largely driven by profits, sound business fundamentals and positive outlook for future profits. GE, AAPL, ORCL and F are perfect examples of this.

Of course it helps that there's ademocratic admin in place.

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Sorry Babooby, but once you answer the question about your identity prior to the DemocRAT winning the White House, I'll get right on that.

 

Still into the Gin at happy hour?

 

 

Still got nuthin.

 

Really, Sol, you are convinced that I existed here prior to 11/08, so by all means lets hear it..

 

You must amuse yourself making false accusations of others here. Now you can go back to your dark cubicle and surf some porn or whatever you do with your "leisure" time.

 

Get some sleep. Staying up till 3:10 am on your computer is not good for you.

Babooby, were you posting here prior to 11/08?

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I've held apple for a LONG time saw it go from $100 to 170 and then drop to 70 (should have never let that happen). Unfortunately only had $20K of it at the start...

 

That said the impact of the $ on the price of stocks is VASTLY overstated. The increase in stock prices is as it alway has been largely driven by profits, sound business fundamentals and positive outlook for future profits. GE, AAPL, ORCL and F are perfect examples of this.

Of course it helps that there's ademocratic admin in place.

 

I remember when it hit $100 on you. That's when I said to sell....Ooops.

We'll see with the $. All I know is my ag extension and the elevator are talking $11 corn. That's pretty indicative of some crazyass inflation. Corn should be under $3 in the real world.

Ethanol ain't helping but...I'm glad I can grow my own. I don't see this ending well.

 

The Dem thing is interesting, and the theory does hold up to a degree. So it does for election cycles too. Just proof that markets aren't necessarily predicated on reality, IMO.

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I've held apple for a LONG time saw it go from $100 to 170 and then drop to 70 (should have never let that happen). Unfortunately only had $20K of it at the start...

 

That said the impact of the $ on the price of stocks is VASTLY overstated. The increase in stock prices is as it alway has been largely driven by profits, sound business fundamentals and positive outlook for future profits. GE, AAPL, ORCL and F are perfect examples of this.

Of course it helps that there's ademocratic admin in place.

 

I remember when it hit $100 on you. That's when I said to sell....Ooops.

We'll see with the $. All I know is my ag extension and the elevator are talking $11 corn. That's pretty indicative of some crazyass inflation. Corn should be under $3 in the real world.

Ethanol ain't helping but...I'm glad I can grow my own. I don't see this ending well.

 

The Dem thing is interesting, and the theory does hold up to a degree. So it does for election cycles too. Just proof that markets aren't necessarily predicated on reality, IMO.

 

I actually got in to CORN yeasterday saw an aticle that it would be the way to play AG. Apparently china decrease farm acerage by 14% this year and will have to import grain for the first time ever. Totally missed gold but i did buy a little FCX a month ago...

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Sorry Babooby, but once you answer the question about your identity prior to the DemocRAT winning the White House, I'll get right on that.

 

Still into the Gin at happy hour?

 

 

Still got nuthin.

 

Really, Sol, you are convinced that I existed here prior to 11/08, so by all means lets hear it..

 

You must amuse yourself making false accusations of others here. Now you can go back to your dark cubicle and surf some porn or whatever you do with your "leisure" time.

 

Get some sleep. Staying up till 3:10 am on your computer is not good for you.

Babooby, were you posting here prior to 11/08?

 

Why ask a question if you have already asserted that I am lying?

 

read the date on my tag.

 

Then, go back to your cubicle and get some sleep.

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Sorry Babooby, but once you answer the question about your identity prior to the DemocRAT winning the White House, I'll get right on that.

 

Still into the Gin at happy hour?

 

 

Still got nuthin.

 

Really, Sol, you are convinced that I existed here prior to 11/08, so by all means lets hear it..

 

You must amuse yourself making false accusations of others here. Now you can go back to your dark cubicle and surf some porn or whatever you do with your "leisure" time.

 

Get some sleep. Staying up till 3:10 am on your computer is not good for you.

Babooby, were you posting here prior to 11/08?

 

Why ask a question if you have already asserted that I am lying?

 

read the date on my tag.

 

Then, go back to your cubicle and get some sleep.

Run away now, Babooby. There's a question for you...and I don't do research projects for people who don't answer questions posed to them.

 

Please link to the post where I assert that you are lying, would you?

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Sorry Babooby, but once you answer the question about your identity prior to the DemocRAT winning the White House, I'll get right on that.

 

Still into the Gin at happy hour?

 

 

Still got nuthin.

 

Really, Sol, you are convinced that I existed here prior to 11/08, so by all means lets hear it..

 

You must amuse yourself making false accusations of others here. Now you can go back to your dark cubicle and surf some porn or whatever you do with your "leisure" time.

 

Get some sleep. Staying up till 3:10 am on your computer is not good for you.

Babooby, were you posting here prior to 11/08?

 

Why ask a question if you have already asserted that I am lying?

 

read the date on my tag.

 

Then, go back to your cubicle and get some sleep.

 

 

Booby you have had you fat ass handed to you by first myself and now Sol. You have been totally discredited as a complete moron on the subject of equity markets.

 

Please do us all a favor and begin some other stupid thread.

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Sorry Babooby, but once you answer the question about your identity prior to the DemocRAT winning the White House, I'll get right on that.

 

Still into the Gin at happy hour?

 

 

Still got nuthin.

 

Really, Sol, you are convinced that I existed here prior to 11/08, so by all means lets hear it..

 

You must amuse yourself making false accusations of others here. Now you can go back to your dark cubicle and surf some porn or whatever you do with your "leisure" time.

 

Get some sleep. Staying up till 3:10 am on your computer is not good for you.

Babooby, were you posting here prior to 11/08?

 

Why ask a question if you have already asserted that I am lying?

 

read the date on my tag.

 

Then, go back to your cubicle and get some sleep.

 

 

You have been totally discredited as a complete moron on the subject of equity markets.

 

 

In your delusional mind starting this thread with the post "any predictons?" or something like that is a detailed analysis, I guess.

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It's pretty obvious that the market is being brought to it's knees again because we are approaching an election. It's time for a change in Politicians. If the economy stays shaky until the 2012 presidential elections you can bet that the market manipulators are looking for someone who will do their bidding.

 

The people who really control the economy can manipulate it so we vote those in office out and get someone one else in. It's a gamble but the newly elected, I am sure are told how they got there.

 

There is such a false perception that we the people have any real control at all.

 

It's pretty obvious that the current plan to expand government while beating up the private sector is bringing the market to it's knees. If the Capital in Capitalism thought that business would expand faster than Government then they would put their money where they think best. Just look no further than the government payroll since January of '09 and compare it to the private sector jobs.

 

The Obama tactic of assaulting the free markets while preaching to their constituency made for some great "yes we can" moments, but in reality it's time to stop the bullshit and let Capitalism do what it does best - expand and create jobs.

 

Further interference, regulations, mandates, and finger pointing will get us nowhere. Unless a utopian society is one's dream.

Looks like you were certainly brought to your knees for somebody there, Babooby, the question is "for whom"? When do you think the Dow will break 9,000?

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  • 3 weeks later...
  • 1 month later...
  • 1 month later...

 

I've held apple for a LONG time saw it go from $100 to 170 and then drop to 70 (should have never let that happen). Unfortunately only had $20K of it at the start...

 

That said the impact of the $ on the price of stocks is VASTLY overstated. The increase in stock prices is as it alway has been largely driven by profits, sound business fundamentals and positive outlook for future profits. GE, AAPL, ORCL and F are perfect examples of this.

Of course it helps that there's ademocratic admin in place.

 

I remember when it hit $100 on you. That's when I said to sell....Ooops.

We'll see with the $. All I know is my ag extension and the elevator are talking $11 corn. That's pretty indicative of some crazyass inflation. Corn should be under $3 in the real world.

Ethanol ain't helping but...I'm glad I can grow my own. I don't see this ending well.

 

The Dem thing is interesting, and the theory does hold up to a degree. So it does for election cycles too. Just proof that markets aren't necessarily predicated on reality, IMO.

 

I actually got in to CORN yeasterday saw an aticle that it would be the way to play AG. Apparently china decrease farm acerage by 14% this year and will have to import grain for the first time ever. Totally missed gold but i did buy a little FCX a month ago...

 

It's been a rough 9 sessions for Freeport...

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I've held apple for a LONG time saw it go from $100 to 170 and then drop to 70 (should have never let that happen). Unfortunately only had $20K of it at the start...

 

That said the impact of the $ on the price of stocks is VASTLY overstated. The increase in stock prices is as it alway has been largely driven by profits, sound business fundamentals and positive outlook for future profits. GE, AAPL, ORCL and F are perfect examples of this.

Of course it helps that there's ademocratic admin in place.

 

I remember when it hit $100 on you. That's when I said to sell....Ooops.

We'll see with the $. All I know is my ag extension and the elevator are talking $11 corn. That's pretty indicative of some crazyass inflation. Corn should be under $3 in the real world.

Ethanol ain't helping but...I'm glad I can grow my own. I don't see this ending well.

 

The Dem thing is interesting, and the theory does hold up to a degree. So it does for election cycles too. Just proof that markets aren't necessarily predicated on reality, IMO.

 

I actually got in to CORN yeasterday saw an aticle that it would be the way to play AG. Apparently china decrease farm acerage by 14% this year and will have to import grain for the first time ever. Totally missed gold but i did buy a little FCX a month ago...

 

It's been a rough 9 sessions for Freeport...

 

no shit.

 

you'd think it would move in the opposite direction but NOOOOOOOOOOOOOOOOOOOOOOOO

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  • 1 year later...

Election 2012 Likely Voters Trial Heat: Obama vs. Romney

Among likely voters

Download complete trend

OBAMA ROMNEY

10/12-18/2012 45% 51%

10/11-17/2012 45% 52%

10/10-16/2012 45% 51%

10/9-15/2012 46% 50%

10/8-14/2012 47% 49%

10/7-13/2012 47% 49%

10/6-12/2012 47% 49%

10/5-11/2012 47% 49%

10/4-10/2012 47% 48%

10/3-9/2012 48% 48%

All registered voters are asked: "Suppose the presidential election were held today, and it included Barack Obama and Joe Biden as the Democratic Party's candidates and Mitt Romney and Paul Ryan as the Republican Party's candidates. Who would you vote for [ROTATED: Barack Obama and Joe Biden, the Democrats (or) Mitt Romney and Paul Ryan, the Republicans]?" Those who are undecided are further asked if they lean more toward Obama and Biden or Romney and Ryan and their leanings are incorporated into the results.

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Holy crap S&P 500 hits 5 year high (dow close as well) and first time jobless claims at 335K lowest since August 2008.

 

Tip of the hat to Obama?

 

http://finance.yahoo...-092255596.html

 

I figured booby would be all over this...

 

You want a hat tip for a rigged market supported by nothing but central bank monitization (and thus unsustainable), and employment statistics which are in fact fugded propaganda? Ok, here's a hat tip

 

bush-hat-tip.jpg

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if all politics (and economy) is local, it sure is hot out here in Silicon Valley.

 

traffic here is the worst it's been since '99, and the freeways are all wider. It's roaring out here.

 

Those areas that rely on low-value construction likely not doing so well, but even that is recovering. We have a rash of tear-down rebuilds all over the bay area.

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if all politics (and economy) is local, it sure is hot out here in Silicon Valley.

 

traffic here is the worst it's been since '99, and the freeways are all wider. It's roaring out here.

 

Those areas that rely on low-value construction likely not doing so well, but even that is recovering. We have a rash of tear-down rebuilds all over the bay area.

 

Didn't learn anything from the last two debt-fueled bubbles, I see.

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i'll take the 1/2 full glass thanks. Yes, at some point we will have a recession. As far as I can see, it's not even close to the horizon. No one has overturned the business cycle.

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if all politics (and economy) is local, it sure is hot out here in Silicon Valley.

 

traffic here is the worst it's been since '99, and the freeways are all wider. It's roaring out here.

 

Those areas that rely on low-value construction likely not doing so well, but even that is recovering. We have a rash of tear-down rebuilds all over the bay area.

 

Blackstone is nuying $1B worth of houses in the Tampa area to flip. No condos only 3 bedroom homes mostly in North Tampa. I am following in their footsteps with 2 other guys buying fee simple condos and homes. We buy for cash and look for properties we can renovate in 3 weeks or less. Sold our first one last week for a nice profit.

 

The ninety day sale restriction was a surprise but ive learned that's negotiable

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i'll take the 1/2 full glass thanks. Yes, at some point we will have a recession. As far as I can see, it's not even close to the horizon. No one has overturned the business cycle.

 

Occam, we won't "have a recession" at some point, because we are in fact still in one. It's simply been papered over with debt. Subract out federal deficit spending over the past 5 years from GDP (which you must do in order to have an honest accounting of economic activity) and you'll see GDP has gone down.

 

I can pretend I'm prosperous too (for a while), if I spend money I don't have and have no realistic hope (or intention) of ever paying back.

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if all politics (and economy) is local, it sure is hot out here in Silicon Valley.

 

traffic here is the worst it's been since '99, and the freeways are all wider. It's roaring out here.

 

Those areas that rely on low-value construction likely not doing so well, but even that is recovering. We have a rash of tear-down rebuilds all over the bay area.

 

Blackstone is nuying $1B worth of houses in the Tampa area to flip. No condos only 3 bedroom homes mostly in North Tampa. I am following in their footsteps with 2 other guys buying fee simple condos and homes. We buy for cash and look for properties we can renovate in 3 weeks or less. Sold our first one last week for a nice profit.

 

The ninety day sale restriction was a surprise but ive learned that's negotiable

 

I thought blackstone was buying cheap and turning them into rental properties for the foreclosed upon folks. And, it's not just in Tampa, runs at least down to Charlotte county although most of that activity is at the northern end.

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Im sure Blackstone is buying them for what they consider to be cheap (they aren't retarded) and yes they are initially renting but they will be turning them in 2-5 years.

 

We've got 600-800K to play with which makes rentals less desirable at least for now

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Is it just a coincidence that booby AND Happy Malarkey are both absent from this forum?

FEMA camps.

 

It's been decided to skip the camp step. Somebody discovered the FEMA mass gravesites being prepared outside of ever major city, so there is no reason to keep it secret any longer. Somewhere around 5 minutes into this.

 

http://www.familysurvivalcourse.com/index.php?hop=girbles

 

We are doomed.

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if all politics (and economy) is local, it sure is hot out here in Silicon Valley.

 

traffic here is the worst it's been since '99, and the freeways are all wider. It's roaring out here.

 

Those areas that rely on low-value construction likely not doing so well, but even that is recovering. We have a rash of tear-down rebuilds all over the bay area.

 

Blackstone is nuying $1B worth of houses in the Tampa area to flip. No condos only 3 bedroom homes mostly in North Tampa. I am following in their footsteps with 2 other guys buying fee simple condos and homes. We buy for cash and look for properties we can renovate in 3 weeks or less. Sold our first one last week for a nice profit.

 

The ninety day sale restriction was a surprise but ive learned that's negotiable

 

mom let you have cable in the basement again?

 

Property Wars is an American reality-documentary television series on the Discovery Channel. The series debuted on July 12, 2012 with the second season premiering on January 10, 2013

 

Premise

The series follows a group of men, located in Phoenix, Arizona, who bid to purchase foreclosed homes, without being able to look inside. In each episode, the main cast members group in front of the home to see what condition it is in while their bidder is on location at the auction for the home.[1]

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Guest One of Five

he's taking cover.. eating your own words doesn't taste very good. The problem is that he does it over and over and over.

 

 

mccabe got his ass handed to him in this thread. Good thing hes not in the industry

 

Do you honestly believe the crap you type here?

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Bippity bump.

Where's my hat?

 

KmcKabe - we all want to be bullish just not BG'ish. You are a bear right now. That's all I'm, sayin'.

 

I'm pretty sure a man with tons o' money could get really rich going in and out of Ford these days.

20% since 4th of July vacation? GTFO. "Hold on, we'll get on the boat once I put this trade in".

The P/E was under 6 for keyrists sakes. I'm dumb but why is it that easy?

 

Yesterday - "We'll go swimming at the quarry just a soon as I get this sell in."

 

I wish I had a ton o' money. I've made 10's of dollars off that stock.

 

I really don't want to be a bear here, I'm bullish on this country's capabilities and our future. I like Obama personally, I think he's a gifted communicator. He's had to do things Bill Clinton would have never had the guts to do, I don't know why he's turning to that person. Its a tough job and I certainly wouldn't want it. I genuinely would want to share a BBQ with him and although I've met one of the Clinton's I would not have said the same for them. Leader's lead by principal, not by polls. That's what we elect them for.

Personally I'd rather have BBQ with Monica.... :ph34r:
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If billionaires are dumping their US stocks, I would not be surprised to see another financial meltdown any time soon....

 

http://www.moneynews...OMO_CODE=FE8A-1

 

Hell yeah, they're not dumb; they are quietly heading for the exists while the Fed provides cover. Stupid people like those on this thread that believe the "recovery" propaganda will be left holding the bag in the form of suffocating national debt, bankrupt pensions, and an inevitable ~50% hit on their 401k and IRA plans. It's only a question of when, not if.

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when politics becomes the expression of fear, armageddon, end of the world, you know there isn't a real argument.

 

My company provides a real product, to real customers. Real customers are buying real product - and lots of it. Since my products are usually used early in the investment cycle, this is good news.

 

 

Is the stock market itself overpriced? Unknown - it is only loosely correlated with the business cycle and usually overshoots.