Market Talk / April 30 - May 6

[Wizard]

I said "flaws", not "pause."

- Ben B.

Pause = USD falls = foreign central bankers bulk at buying more debt = higher yields = higher mortgage rates = lower retail sales.

A borrow and spend economy only works if it can continue to borrow. In the long term all borrow and spend economies fail. :worried: :blink:

Helo Ben has realized that a falling USD equals inflation he can not control. He is now trying to spin his last statement as the press "misunderstood" what pause means. I guess pause = .25. Mortgage rates at 7.5% here we come.

 

[SkyPilot]

That would be a really hard thing NOT to do .

Baahhhh Haaaa! What do you do with a girl like Maria?
*"Sound of Music" reference...

 

[Wizard]

Looks like all that "I am not a dove" talk is not helping the USD.

That is what happens when you have 3 Fed Heads out everyday saying how great everything is.

04/28/2006 $8,355,718,074,718.49

Just don't look at the credit card statement as we try to keep up with the Jones'. :embarrest: :cheesy:

Commodities at multi decades high and we are suppose to believe that inflation is less then 2%. :nuts:

 

[learning]

I LOVE the "I" fund. I keep thinking it is time to get out and then hold for another day. It just keeps going up. The EAFE was down and the I was UP. The USD is going down. Foreign rates are going up, we are bringing in oil at too high of a cost. The Fed makes noise that it will stop. (Then it flip-flops.) People are going to put their money elsewhere for a while. I only wish I had put more in the I fund. I'm afraid if I put more in that is when it will take a serious hit. I want to pull out and protect what I have too. I'm too greedy... for now. Sit with what I have in it.

 

[SkyPilot]

Learning, it only "seems" that the I fund knows what you are doing... don't invest out of fear, need or greed. Invest according to your strategy. In other words, "Sin Boldly"!

From my own experience, it is easier to live with confident decisions, even wrong ones, than being a victim of indecision. If you feel the I fund is poised to go higher, then invest accordingly, and avoid the "coulda, shoulda, woulda" recriminations.

However, if your risk tolerance forbids it (full commitment to a particular position), then diversify your allocations and live with the knowledge that you have done your best in an effort to reach your retirement goal.

Best of luck...

 

[mlk_man]

Ut oh, King Bear is back..........................just please don't start with the "I told ya so"s.

 

[The_Technician]

importing gasoline

U guys get your info together on this one.....

I wonder....what does it take to import gasoline (can you even get a permit???).....how much does it take to transport it in a supertanker (if you can)......thinking of buying some raw gasoline in Saudi Arabia...at $0.15/gal (can we produce it here cheaper??)...and selling here in the states at the going rate after chemicals added of course........could be a big money maker!!!!

Remember, I thought of it first, so that makes me the CEO (gonna make 900 million and get a 400 million retirement)....I need some researchers, secretary, treasurer.....and some bodies.....who's game for it!!!!

Who need refinerys????

:blink:

 

[mlk_man]

Don't they make a lovely couple?

Wonder how many bottles of wine they had.

Ben: "I'm not a dove Maria, I'm a manly man and Greenspan was a whip compared to me!"

Maria: "Oh Ben, take me now you big hunk a man you. Wait, let me just remove this microphone right quick!"

 

[Show-me]

I like this headline.

Bernanke Gets a Crash Course in Leadership After Dinner Remark
Bloomberg - 8 hours ago
May 2 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke is getting a crash course in what it means to be the head of the world's most powerful central bank. Financial markets were blindsided yesterday ...

http://www.bloomberg.com/apps/news?pid=10000087&sid=aXmyg_vWaWYk&refer=top_world_news

 

[The_Technician]

Re: importing gasoline

Maybe I need to go to Chavez (CITGO) and get the gas for .06/gal.....gotta be lower than what it cost to make it here.....lets see, buy 660,000 barrels (need 1 supertanker owner to take a partnership offer) or 26,400,000 gal of gas (need some gas tanker owners to transport in US as partners), (need some way of mixing additives...need partner).....what else.....permits....and so forth....just one days work so far.....can't be that hard.....anybody with a high school education could do this.....then why in the HEL!!!! are we paying oil executives so much out of our pockets!!!!
:nuts: :cheesy:

 

[SkyPilot]

Watch yourself Tech,

You may find men in dark suits, sunglasses and non-descript sedans parked in your driveway...

Then we will all be asking, "Hey, what happened to the Technician?" and nobody will know, rumors will abound about being banned or something, but the truth is, he monkeyed with the SYSTEM, and his jest touched a nerve somewhere, and, well, you know the rest....

 

[JOVARN]

TECH may be on to something. HNR was up 0.17 yesterday.

 

[The_Technician]

LOL :laugh:...but don't underestimate the possibilities....

 

[Wizard]

LOL :laugh:...but don't underestimate the possibilities....

I hear Gitmo is lovely this time of year.

At least you will be on the same island as Chavez' best friend. :cheesy:

 

[Spaf]

Tech,
I can rent U my bass boat! We can collect 5 gallon containers and rope them together. There is a met lab we can convert into a refinery. Incorporate as Techxon, sell stocks. U can be CEO, I'll be the CFO and we can have a salary of $5m. Capitalism...sounds good to me!

 

[nnuut]

The "G" FUND is Very, Very popular today. Some are going for it and my hat is off to you brave ones!! AAAAHHHHHHHHHHHHHhhhhhhhhhhhhhhhhhhh -----splat!:embarrest:
NBNBCs

 

[vectorman]

Tomorrow should be interesting, so far 12 TSPtalk members have jumped into the G fund today. Coming crash or contrarian indicator for a little more upside?

 

[learning]

Now, I'm scarred. Be nice to me I fund. I have faith in you. :worried: It's only money.

 

[JOVARN]

http://www.bloomberg.com/apps/news?pid=10000103&sid=ahcB8XEo32Ho
U.S. Stocks Rise on Verizon Profit; S&P 500 Nears 5-Year High
May 2 (Bloomberg) -- U.S. stocks rose as earnings from Verizon Communications Inc. exceeded analysts' forecasts, easing concern that higher interest rates may curb profit growth. The Standard & Poor's 500 Index reached an almost five-year high.
An S&P gauge of 16 homebuilders lost 1.9 percent and headed for the lowest close since April 2005.
``Investors may be looking at the Bernanke situation today and saying that it was a lot to do about nothing,'' Catherwood said. ``The economy is still good, and we don't really know and we still won't know when they are going to stop raising rates.''

 

[Show-me]

I Bond

This probably deserves its own forum. Check out your new I Bond rat. (I spelled it rat instead of rate for a reason.) There will be a serious rant in my account talk when I get home.:nuts: