Market Talk / July 2 - 8

C'mon Tom, you were just here. At least be consistent. You're losing whatever clout you had left with some members...................
 
mlk_man said:
Have you posted in that account in the last 3 months? As skypilot would say, "didn't think so"..............:D


No change.

Funny you are trying to enforce Sarah's rules on this board.

Love?
 
Wizard said:
No change.

Funny you are trying to enforce Sarah's rules on this board.

Love?

Don't know what you are talking about. I just know you haven't posted in that account since Jan. I'm assuming that if you stayed 100% G all the way through the first week of May, you lost a pretty good hunk of change with all your short this, short that banter...........which his exactly what it is.
ANNOYING116.gif
 
mlk_man said:
Don't know what you are talking about.

Yeap took out a general loan. Not enough money in there to bother with it. :) Bought gold @521. Sold at $685. Shorted to $585. Now that money is parked in a 3 month CD yielding 9.84% in Iceland. :embarrest:

Crude knocking at $75. That got to be bullish? :blink:
 
I wonder if my post got deleted because I said crystal balls? Hasn't techy mentioned that he's had a couple of them? :confused:
 
Looks like market is off it's lows, and now regaining some of that lost ground.

I'm glad to be moving to "G", just to wait until market stabilizes. Too wild for me.
 
Wizard said:
Yeap took out a general loan. Not enough money in there to bother with it. :) Bought gold @490. Sold at $685. Shorted to $585. Now that money is parked in a 3 month CD yielding 9.84% in Iceland. :embarrest:

Crude knocking at $75. That got to be bullish? :blink:

Wow, cool! Bet you bought Google two years ago two right?
 
James48843 said:
Looks like market is off it's lows, and now regaining some of that lost ground.

Lunch time walk up rally. The real markets starts again at 1:15pm.

:D
 
mlk_man said:
Wow, cool! Bet you bought Google two years ago two right?

I only been talking about gold and foreign currencies for months.

When you were a moderator you told me only to talk about TSP funds.

:worried:
 
Very good advice. 1 is done, 2 is partially done; one '03 Altima to go, 3 is a "work in progress."
Wizard said:
When asked how he would design a financial diet for a homeowner, he suggested a three-step process:

1. "Stop charging now. Direct any and all excess income to paying off credit card debt." Maybe use a consolidation loan and then cut up the cards.

2. Drive your old car for longer, so you can go a few years without a car payment.

3. Use savings from the reduction of those two sources of debt to pay down principal on your mortgage.

www.dallasnews.com/sharedcontent/dws/bus/columnists/ddimartino/stories/070506dnbusdimartino.1...
 
Fivetears said:
Very good advice. 1 is done, 2 is partially done; one '03 Altima to go, 3 is a "work in progress."


For one (credit cards) it is good to use cash back cards.

Exxon has a 5% gas card for example.

Credit cards are good if you take advantage of the cash back offers and pay the balance off each month.

:)

Good luck.
 
Last edited:
Kind of another way to reduce your monthly fuel bill by 5%. But you know, Wizard... Exxon prices seem a little higher than those of Valero, Sams / Walmart and such. I try to fuel on military installations to save $$ when possible too. :)
Wizard said:
For one (credit cards) it is good to use cash back cards.

Exxon has a 5% gas card for example.

Credit cards are good if you take advantage of the cash back offers and pay the balance off each month.

:)

Good luck.
 
Market Update 1:30 pm:
Stocks regain some momentum with the return of upside leadership from Energy, but nine sectors continue to languish in negative territory. Within the last 30 minutes, oil prices have broken through $75 per barrel (+1.6%) and hit their highest level since reaching a record $75.35 on April 21 and April 24. The Energy sector has turned positive but its leadership continues to be overshadowed weakness across virtually every industry group.
http://finance.yahoo.com/mo?u
 
Factory Orders Up by 0.7 Percent in May
The Commerce Department reported Wednesday that new orders rose by 0.7 percent in May following a 2 percent plunge in April. The slight increase left orders at a seasonally adjusted $399.9 billion in May. The gain was significantly better than the 0.1 percent increase analysts had been expecting.

The overall strength in May stemmed from a 1.6 percent rise in demand for nondurable products which offset a 0.2 percent drop in demand for durable goods, big-ticket items expected to last three or more years.
http://biz.yahoo.com/ap/060705/economy.html?.v=6
 
The S&P and Jobs.
U.S. private-sector employers created an estimated 368,000 jobs in June, compared with 122,000 jobs in the previous month, the monthly ADP National Employment Report showed. The report was released by a unit of Automatic Data Processing, Inc., a large payroll services company based in Roseland, N.J., two days before the government's own job survey of a net gain in nonfarm jobs in the U.S. private and public sectors. According to a Reuters poll, the U.S. Labor Department is expected to report on Friday that 155,000 nonfarm jobs were created last month, up from 75,000 in May.
http://biz.yahoo.com/rb/060705/markets_stocks.html?.v=10
 
mlk_man said:
C'mon Tom, you were just here. At least be consistent. You're losing whatever clout you had left with some members...................

I go out to lunch and come back and it's all about which post I deleted, which I didn't delete but should have, PM's about who I should ban, etc. Do you think I watch the board all day? No time. Some of you ex-moderators should know it is not an easy job and it is certainly thankless so I'd hope you'd be a little more considerate when posting.

If not, please make me a list of all the acceptable and unacceptable posts and I'll go through them. :rolleyes: By the way, I didn't realize I was being judged by my moderating skills - losing "clout." You should go over the RevShark's message board where every message is viewed by a moderator before it is posted. Most of the posts made here wouldn't see the light of day over there. I guess he's been down this road before. Is that the way we want to go?
 
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