Asylum's Account Talk

[Guest2]

Off Topic:

I got an email from a another enginerd I know at a base in FL and he was telling that he was asked to work overtime and would be given comp time only. The way I have always understoond it is that OT is all paid, but, if you want too, you can opt for Comp Time. I've never seen Comp Time mandated by management.

He's a GS-11.

Thoughts?

The GS-11 Lieutenants at our institution are in the same poop pile.
Administrations are requesting/expecting Comp Time be used in lieu
of OT due to their budgets and pressure from far above them. Some
are fighting , some are not. They can't make anyone work for Comp,
but thats only if you wish to stay in career purgatory for the years
it will take for those responsible to leave. And then, they may just
pass your doom to the next poor slob with budget woes.

 

[Asylum]

My buddy says he's a YD-02..

Our area hasnt converted to NSPS yet but it looks like he's a GS-11 equivilent.

 

[Asylum]

He may be screwed however:

The head of an agency may provide that an employee whose rate of basic pay exceeds the maximum rate for GS-10 shall be compensated for irregular or occasional overtime work with an equivalent amount of compensatory time off from the employee's tour of duty instead of payment under Sec. 550.113 of this part.

 

[Asylum]

i pussed out of stocks for tomorrow. :blink:

Thinking tomorrow will be another consolidation day..

I'll see what next week brings



edit: i managed to break one of my saddle rails on my bike seat this evening in the middle of a really great ride.. guess it's time for a new one.. only $125 on sale.. :nuts:

 

[Asylum]

100% G COB today

 

[Asylum]

&*%$*^$^@!!!!

Oil is up to $116/bbl and the market LOVES it...

WTF?!!!

 

[nasa1974]

I feel your pain. I jumped over yesterday.

 

[Asylum]

here's one of my fellow investor's thoughts when I asked him:

maybe because C *only* wrote down $16b in the latest round of writedowns? also, don't forget, we're looking at HUGE normal (including food and energy) inflation numbers right now (over 4% so far this year) and if you buy treasuries you're LOSING about 2%/year. The bond market doesn't know what the hell is going on with the all the CDOs and the mortgage crisis, and you can't put money into real estate without wondering how far that still has to fall. Commodities are probably overpriced, and if you put the money under your mattress; you're losing even MORE to inflation.

So that leaves... stocks.

Don't forget that historically, the single biggest day moves happen in a bear market.

On the upside, there seems to be support at the 50 day moving average, which is promising and buying into a weekend always shows confidence. so, who knows?

one of my only rules to live by is "the market is always smarter than you are." Maybe it knows something I don't.

-D

 

[Asylum]

JEEBUS!!

Google up 20% today..

http://finance.google.com/finance?q=NASDAQ:GOOG


http://www.breitbart.com/article.php?id=D904GOT01&show_article=1

Dinosaur Securities analyst David Garrity also is convinced that the worst is over for Google's stock, which was down 35 percent in 2008 before the first-quarter earnings changed investor sentiment.

"We think (Google's stock) has seen its 2008 low. Onward and upward," wrote Garrity, who expects the price to hit $750 during the next year.

Friday's rally still left Google shares well below their peak of $747.24 reached less than six months ago. At that point, Google's market value stood at $235 billion, about $66 billion, or nearly 40 percent higher, than at Friday's close.

 

[Show-me]

JEEBUS!!

Google up 20% today..

http://finance.google.com/finance?q=NASDAQ:GOOG


http://www.breitbart.com/article.php?id=D904GOT01&show_article=1

They must of hired a million cheap laborers to "click" ads 18 hours a day. :nuts:

 

[Birchtree]

The potential here is flat out enormous - May is the month in which we should start to see the efforts of what the Fed did last January. The F fund will tank as rates begin to move slowly upward reflecting a stronger second half.

 

[Show-me]

The potential here is flat out enormous - May is the month in which we should start to see the efforts of what the Fed did last January. The F fund will tank as rates begin to move slowly upward reflecting a stronger second half.

OK, you got my button. I hate the F fund.

 

[Asylum]

Me too!


Oh... i see where this Message Board can only be accessed once you log in!

 

[Asylum]

I still can't figure out why there are so many guests loggeg in though..

Currently Active Users: 161 (31 members and 130 guests)

 

[Birchtree]

I'm presuming the guests are lurkers that may eventually become members. We all had to start somewhere.

 

[Asylum]

50-50 G&F COB Wed.

Still tdy to the wonderful Wichita Falls metroplex....

No word from my judge pal... but then i sent him the info this a.m.

Will let those know when I know.

Cheers!

 

[Asylum]

Need to get into stocks!!! So the new rule is 2 moves per month and an additional to G Fund right?

Back in the game again after spending 2 wks TDY.

Saw a T-38 crash while there.. both the IP & SP were killed.

 

[Asylum]

Just got this from a friend in the industry..

It's f'ing scary!

www.deepcapture.com

There is a very large problem with our markets that make the current economic downturn pale in comparison to the potential fallout. It is the non-delivery of Short sales (naked short selling), intentional market manipulation, and the lack of enforcement of the laws designed to prevent it from occuring. The above mentioned is a problem to the tone of $300 Million Dollars/DAY (read $78billion/year), being illegally siphoned from retail investors and shareholders (all of us).

The article is long (took me three hours to read), but the truth factor is scary. I have discussed the contents with many C-Level executives and they are aware of the problem, but letting Patrick Byrne and Overstock take point on the actions to fix the problem. The research firms and individuals listed are well known within Finance as "sketchy" and few knowlegable investors listen to them, but they are in the minority. Read it, spread the word, pass the link along. Hopefully a grass roots effort to our congressmen can put an end to this and allow us to receive the monies that is rightfully ours.

 

[Asylum]

It's great to be back in stocks and out the G&F funds..

Looking to stay in for the next 30-60 days.

 

[Buster]

Hate to say it, but today was the down turn day for a while...IMO