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While futures are modestly higher at the moment, the daily Trader's Talk sentiment survey is almost evenly split between bulls/bears, longs/shorts. I think that points to weakness today.
 
coolhand said:
While futures are modestly higher at the moment, the daily Trader's Talk sentiment survey is almost evenly split between bulls/bears, longs/shorts. I think that points to weakness today.
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Some money will be pulled off the table this afternoon. Hard to ignore the housing starts.
Last year was the year to grab all the dividend stock you could get your hands on. Going to be interesting if all the companies actually hit their numbers this year and "reward" the faithful!
Nice links and blogs coolhand.......you get points just for being you!:cool:
 
Not surprisingly, the Trader's Talk sentiment survey evened up some after last night's overly bullish reading. It's now 39% bulls vs 25% bears. But there's a lot of partially long and fully short traders. I think this spells volatility (imagine that).
 
coolhand said:
Tie this in with that rolling stone article I posted yesterday and we can make a strong case that if BHO wants to survive he needs to destroy these institutions. I think 2010 is going to be a very interesting year.

http://blogs.alternet.org/speakeasy...nd-john-paulson-are-waging-attacks-on-greece/
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What is it with these Goldman Saks folks.? David W. Blood, ex GS CEO, and Algore set up Generation Investment Management to cash in on the cap and trade carbon credit scheme. They can't be happy that Global Warming has turned out to be a scam. Cause this made more than these 2 shysters millionaires.

Plenty of info found by a google search of " David W. Blood and Al Gore Carbon credit".

Just another example of the "haves" sticking it to us "have nots". :(:mad: No wonder we are mad at the Pols/people in power and have so little faith in what they say.
 
CountryBoy said:
What is it with these Goldman Saks folks.? David W. Blood, ex GS CEO, and Algore set up Generation Investment Management to cash in on the cap and trade carbon credit scheme. They can't be happy that Global Warming has turned out to be a scam. Cause this made more than these 2 shysters millionaires.

Plenty of info found by a google search of " David W. Blood and Al Gore Carbon credit".

Just another example of the "haves" sticking it to us "have nots". :(:mad: No wonder we are mad at the Pols/people in power and have so little faith in what they say.
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And it's not even just about us CB. It's on a global scale. :mad:
 
coolhand said:
It's coming folks. Deny it if you want to, but it's coming. Just like a crack addict will do whatever it takes to get their next fix, our Government will do whatever it takes to keep their collective spending spree going. Vote em' all out next November.

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=521423
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Do a little research - look for an article 'retiree annuities may be promoted by Obama aides" on businessweek.com.

http://www.businessweek.com/investor/content/jan2010/pi2010018_130737.htm

Lots about encouraging people to buy annuities - instead of blowing a lump sum - but NOT ONE WORD ABOUT FORCING ANYONE TO BUY TREASURY BONDS.

That article by Newt Gingrich saying people will be FORCED to buy annuities? Just more right wing nut case scare tactics.

NO ONE is suggesting forcing people to buy annuities with their 401(k) money.

NO ONE, except, of course, NEWT.

Here's a clip from the Businessweek article:
Adding lifetime income to 401(k) plans won't be sufficient for many workers because they can't, or don't, save enough to live on in old age, and Social Security often proves inadequate as more than a safety net, said Karen Ferguson, director of the Pension Rights Center in Washington, D.C.
Senate Bill

"It's a great idea, but how much are people really going to get out of it?" she said. A better approach would be to give employers incentives to revive defined-benefit pensions, which have languished as employers have focused on cheaper and more flexible 401(k) plans, Ferguson said.



One proposal raised by Iwry as co-author of a paper while at the Retirement Security Project, before joining the administration, has reached Congress. A bill requiring employers to report 401(k) savings both as an account balance and as a stream of income based on an annuity was introduced on Dec. 3 by Senators Jeff Bingaman, a New Mexico Democrat, Johnny Isakson, a Georgia Republican, and Herb Kohl, a Wisconsin Democrat.
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All the bill would do is make employers report to their employees, what the lump sum is, and what,per month, it would be, if they choose to purchase an annuity.



To me, that's common sense.
 
Is this a new elevation of Karl Denninger --to be cited in a story by-lined by Newt Gingrich? As to voting them all out, I personally agree but the recent polling indicates that -still- the vast majority of the public says the House/Senate collectively is bad but over 50% says their own Representative/Senator is good.

The article notes the probability that the "option" may well become a requirement in the future, but will that possibility be enough to cause the proposal to die in this Congress?
 
Don't put words in my mouth please. No one is saying it's happening right now james. It begins as an idea, they're sneaky about it. First it's an option and then a mandate. Maybe not tomorrow, but it's coming.
 
Warrenlm said:
Is this a new elevation of Karl Denninger --to be cited in a story by-lined by Newt Gingrich? As to voting them all out, I personally agree but the recent polling indicates that -still- the vast majority of the public says the House/Senate collectively is bad but over 50% says their own Representative/Senator is good.

The article notes the probability that the "option" may well become a requirement in the future, but will that possibility be enough to cause the proposal to die in this Congress?
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You see how Obama won't let his healthcare plan die a peaceful death? Won't even consider starting over. He's going to ram things through the system any way he can, the people be damned.
 
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