350zCommtech's Account Talk

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KD's take on Nov. retail sales report from our Ministry of misinformation.

http://market-ticker.org/archives/1721-November-Retail-Sales....html



That news spiked the dollar, which is taking a big chuck out of the I fund. The rise in the dollar is what's holding this market back at the moment.

Looking at the EUR/USD, it appears to be overdone. Once it starts to turn up, perhaps in an hour or later this afternoon, the dollar index will fall and stocks should head to the moon. If the USD/JPY holds(and it should) then Japan will continue it's rocket ride come Sunday night. The F fund unfortunately is taking it up in the rear.

View attachment 7573
 
Ha... meant 1098... 1089 would be HUGE!!!

... it ain't gonna get there today anyways, so, I'm allowed to edit. ;)
 
JTH said:
1107.97
Click to expand...

You were the closest, congrats. Although Z gave you a run. So, an axial drifter beat a 350z? ... hmmm

Maybe I'll start a 4 o'clock charlie thread for opex next week... I miss 12% and his calls.

I guess Birch with his binary guess and I will just get honorable mention.
 
Steadygain said:
Wow man --- a woman after my own heart !!!

Let's hope she knows how much you adore her !!!



Later man, have a good weekend ....

I'm honestly out of here :D:D
Click to expand...

Yeah, she's great. She's also taking paino. Been doing both for two years. But that isn't enough, she wants to do drums also. I can't afford all these lessons.:(
 
350zCommTech said:
I'm only 20 minutes into this video. It's over 2 hours long. Opinions appreciated.

The Fall of the Republic

Click to expand...

This is easier to watch going directly to YouTube - goes `big screen.'
I'm only partially into it - seems like it is what alot of folks have been afraid of & suspected all along. I guess it depends on how you `read' our Bill of Rights and the Constitution! Talk about RICH bankers ...... !!!
 
grandma said:
This is easier to watch going directly to YouTube - goes `big screen.'
I'm only partially into it - seems like it is what alot of folks have been afraid of & suspected all along. I guess it depends on how you `read' our Bill of Rights and the Constitution! Talk about RICH bankers ...... !!!
Click to expand...

I watched it all last night. Great video. The static frame for this video makes it look like it's an Obama bashing video, but it's actually bigger than that. AIG...TARP....global warming...Larry Summers....Geithner...Federal Reserve...Obama....etc.....etc..

What can we do? I would like to hear some ideas.

Starve the beast maybe? No credit cards, No luxury goods, Don't bank with any of the big banks?
 
350zCommTech said:
Starve the beast maybe? No credit cards, No luxury goods, Don't bank with any of the big banks?
Click to expand...

I've already begun doing just that. I've been banking exclusively with a credit union since 1980. They have credit cards too, so one doesn't necessarily have to go without.
 
The Dave Ramsey Financial Peace University classes that Callme speaks of are an expensive initial output for some (me) at $100, but I saved a bit more than that the first month when I started implementing his teachings....not using the CC at the market, at the discount nor book stores. Using cash really kept my feet from wandering to see `whatelse I might need.' !! I had already been a follower of Larry Burkett, and `knew' what I should be doing. The difference was, with FPU I was actually attending classes, working the workbook, meeting with other folks who were themselves in a variety of situations, good & bad. Browse thru the workbook at a bookstore & note that there isn't any facet of anyone's lives that isn't covered. I would heartily suggest, and I know Callme_CO would agree, that doing this without the actual class time will shortchange you. Dave is a fantastic speaker, funny, to the point, and very honest -.
Getting rid of the CC, learning about myths associated with them, go cash, don't buy anything full price - Mostly: Buy NO STUFF !!!
But surely there is something else we can do to get this financial mess the US is in besides monitoring our money. I do know the film mentions several times `too late' for something or other. I am over halfway thru it now - will try to watch the rest before bed.
 
This is really what the Tea Party people are about, IMO. I watched the early Tea Party discussions on another site. they decided mailing tea bags to congresspeople would get the message across best that taxpayers were against the bailouts, TARP etc., last fall. symbolic without being physically threatening. I did write my congresspeople, but sent no tea bags. It was a little too dramatic for me.

I use the cc for when I'm out of town, and doing internet biz. Pay off at end of month, get a rebate end of year-but the rebate must come from people paying those hgh interest charges, or the 3% fee charged to retailers for the convenience, which I only learned about recently.

I'm actually thinking about quitting or reducing use of the debit card around town-they charge retailers for that too. I may start using cash for groceries instead of the debit card, I might manage to lower my grocery bills a little more-even if its only by the 3% the retailers otherwise fork over to the banks. If more people did that, it might help the grocery stores and other basic businesses survive and keep prices down. that's important in a small town. I don't want to be left with only Walmart, which could happen if things get a whole lot worse.
 
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