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Market Talk / July 9 - 15
- Thread starter Spaf
- Start date
W
Wizard
Guest
Spaf said:
The report just came out this morning.
The U.S. trade gap widened in May to $63.8 billion versus a $63.3 billion gap in April.
This blantant spinning really brings down the credibility of this board.
"Very hard burden to prove." Give me a break.
W
Wizard
Guest
Favoritism - an inclination to favor some person or group.
TOS be damned?
Both you, Spaf, and Rod show blanant favoritism and allow this nonsense and allow this spinning of facts to continue.
TOS be damned?
Both you, Spaf, and Rod show blanant favoritism and allow this nonsense and allow this spinning of facts to continue.
Spaf
Honorary Hall of Fame Member
- Reaction score
- 45
Daily Yak
Yak, Doodles, Tea Leaves & The Tin Box
Kingdom Yak:
Pro-Yak...................................Well at least the stops held [1254-1258].
Con-Yak..................................Market gourged by global grudge and earnings grief.
Doodles:
Socks [$SPX] Closed at..............1258.60, dn -13.92
Volume (CMF) (money flow).........+0.001, increasing.
Averages (MACD) (trend)............+1.184, decreasing.
Momentum (S-STO) (signal).........66.75, decreasing.
Strength (RSI) Overbought/sold....[70] 48.10 [30]
Lube (NYM) Closed at..................74.95, up +0.79
Oil Markers................................<70= ok, 70-75= worry, >75= panic.
Tea Leaves:
Charts & Stuff............................Yellow / Yellow [doodles +2-3, Lube > 70]
Tin Box:
Position.....................................100% socks
Stops [$SPX]..............................Alert: 1267 [broken]. Trail: 1254.
The Kingdom of TSP
Daily Edition
July 12, 2006 Closing
Daily Edition
July 12, 2006 Closing
Yak, Doodles, Tea Leaves & The Tin Box
Kingdom Yak:
Pro-Yak...................................Well at least the stops held [1254-1258].
Con-Yak..................................Market gourged by global grudge and earnings grief.
Doodles:
Socks [$SPX] Closed at..............1258.60, dn -13.92
Volume (CMF) (money flow).........+0.001, increasing.
Averages (MACD) (trend)............+1.184, decreasing.
Momentum (S-STO) (signal).........66.75, decreasing.
Strength (RSI) Overbought/sold....[70] 48.10 [30]
Lube (NYM) Closed at..................74.95, up +0.79
Oil Markers................................<70= ok, 70-75= worry, >75= panic.
Tea Leaves:
Charts & Stuff............................Yellow / Yellow [doodles +2-3, Lube > 70]
Tin Box:
Position.....................................100% socks
Stops [$SPX]..............................Alert: 1267 [broken]. Trail: 1254.
W
Wizard
Guest
Spaf said:Hey Wiz,
We just talking!.....But, believe me. I've been down that trail many a time!
I understand the permabull stance but I do not agree with the spinning of the facts to support that stance.
Like putting money into the I fund, I can not longer post here again.
.........................................
Note: CREE now down 26%. I was going to short that prior to their earnings report on the 10th.
Good luck everyone.
Birchtree
TSP Talk Royalty
- Reaction score
- 143
[edit]
The expectation for the trade deficit was for $65 billion. Take out oil imports and the exports were up 2.4%. No BS Cathy.
It is important to realize (here is your lesson for today) that nearly half of our imports come from high-wage Europe, Canada and Japan. A dollar that is more competitive relative to currencies there will cause Americans to buy more U.S. made products instead of imports from those countries. The increase in relative price of products from low-wage manufacturers in Asia and Latin America that would result from a lower dollar would also make those products less attractive to American consumers. Even if the same kinds of products are no longer made in the U.S., consumers will respond to the higher price of those products by buying less of them and spending more on other goods and services produced in the U.S. It's so simple to understand.
The expectation for the trade deficit was for $65 billion. Take out oil imports and the exports were up 2.4%. No BS Cathy.
It is important to realize (here is your lesson for today) that nearly half of our imports come from high-wage Europe, Canada and Japan. A dollar that is more competitive relative to currencies there will cause Americans to buy more U.S. made products instead of imports from those countries. The increase in relative price of products from low-wage manufacturers in Asia and Latin America that would result from a lower dollar would also make those products less attractive to American consumers. Even if the same kinds of products are no longer made in the U.S., consumers will respond to the higher price of those products by buying less of them and spending more on other goods and services produced in the U.S. It's so simple to understand.
ayla
TSP Analyst
- Reaction score
- 16
Tom, Help!
We're drowning in testosterone over here in the Market Talk! I'm trying to learn and I keep having to read all this cr*p. None of you guys look very good when you have to do your name calling and accusing others of "nonsense". I'm new and I can tell when I hear "bias". No big deal. It is part of life. I don't need one of you guys to point it out to me.
Just laugh to yourself, feel superior if you must but please don't burden the rest of us with your adolescent behaviour, i.e. needing to make sure the other guy gets his face rubbed in it.
We're drowning in testosterone over here in the Market Talk! I'm trying to learn and I keep having to read all this cr*p. None of you guys look very good when you have to do your name calling and accusing others of "nonsense". I'm new and I can tell when I hear "bias". No big deal. It is part of life. I don't need one of you guys to point it out to me.
Just laugh to yourself, feel superior if you must but please don't burden the rest of us with your adolescent behaviour, i.e. needing to make sure the other guy gets his face rubbed in it.
W
Wizard
Guest
You are full of crap. No BS!!!!!!!
Year-to-date, the trade deficit is running at an annual rate of $763 billion, 6.5% higher than last year's record of $716.7 billion
The goods deficit with China rose 4% from April to May, increasing from $17.0 billion to $17.7 billion.
Now you are starting the back out oil spin?
Why would you back out oil, we don't use it?
What next adjust oil for inflation?
You post spin. I just hope people can see that since they are here for their retirement future not your soapbox of lies.
You say the falling dollar is good. Well Sherlock that raises the price of oil and increases the trade balance, you shrill.
Year-to-date, the trade deficit is running at an annual rate of $763 billion, 6.5% higher than last year's record of $716.7 billion
The goods deficit with China rose 4% from April to May, increasing from $17.0 billion to $17.7 billion.
Now you are starting the back out oil spin?
Why would you back out oil, we don't use it?
What next adjust oil for inflation?
You post spin. I just hope people can see that since they are here for their retirement future not your soapbox of lies.
You say the falling dollar is good. Well Sherlock that raises the price of oil and increases the trade balance, you shrill.
Last edited:
W
Wizard
Guest
tsptalk said:I can verify that you have said that before. Blatant!
Lighten up.
He is posting untruths and lies.
Does that mesh with your TOS?
W
Wizard
Guest
ayla said:
If you are hear to learn then don't read this board. You may as well just watch CNBC.
Mike
TSP Pro
- Reaction score
- 8
I think it's a useless report.
Saying that country A is importing X amount of dollars worth of goods more than it is exporting while country B is exporting X amount of dollars worth of goods more than it is importing doesn't make a bit of difference as to how well off each country is.
If anyone looks at the astronomical numbers involved in these tallies, they'll realize just how huge our economy is. Billions of dollars of goods are being shipped out and brought in every month. Does it really matter who is getting how much of what? I don't think so.
And birchtree is right - oil has skewed the numbers in favor of imports and will continue to do so as long as the price is high and/or our economic thirst for energy remains strong (and yes, a weakening US dollar will further exacerbate this, but there are more important problems to worry about with a weak dollar than a useless trade balance report).
Saying that country A is importing X amount of dollars worth of goods more than it is exporting while country B is exporting X amount of dollars worth of goods more than it is importing doesn't make a bit of difference as to how well off each country is.
If anyone looks at the astronomical numbers involved in these tallies, they'll realize just how huge our economy is. Billions of dollars of goods are being shipped out and brought in every month. Does it really matter who is getting how much of what? I don't think so.
And birchtree is right - oil has skewed the numbers in favor of imports and will continue to do so as long as the price is high and/or our economic thirst for energy remains strong (and yes, a weakening US dollar will further exacerbate this, but there are more important problems to worry about with a weak dollar than a useless trade balance report).
- Reaction score
- 2,467
But seriously, if the info is wrong, we appreciate that you are pointing it out. That's what comunication is about. But there's a right way to point it out, and a wrong way.Wizard said:
And Birchtree -
Please watch your replies. You are getting a bit too graphic.
Thanks guys,
Tom
The_Technician
Market Veteran
- Reaction score
- 15
Wizard said:
I concur.....Birchy, I should have called you on that one point some time ago....you've done it more than once and I haven't paid attention to it.....
No SD!!! (spin doctoring)
- Reaction score
- 2,467
Ayla -
I think it is good to have accountabilty so I don't mind the banter going on, as long as they keep it clean. Unfortunately that's where the problem comes in. It doesn't seem possible.
If you read between the BS, you can actually learn something because they are both pretty sharp.
I think it is good to have accountabilty so I don't mind the banter going on, as long as they keep it clean. Unfortunately that's where the problem comes in. It doesn't seem possible.
If you read between the BS, you can actually learn something because they are both pretty sharp.
nnuut
Moderator | TSP Talk Royalty
- Reaction score
- 210
Hi! I usually don't comment if posters are making posts that are insulting or are only because one or the other doesn't like the other. Sometimes I may interject something like "Children, we must get along" or something to add a little humor to encourage us to get along, BUT the kind of disagreement today is healthy and should be encouraged. If someone disagrees with another poster's opinion it is GOOD that they work it out and see who has actually based their opinion on the facts or their analysis or the situation, that is why we are here! Anybody can be wrong, I do it all the time. No name calling , no disrespect because someone doesn't agree with the other, no flame wars, no crap. We are here to make money and it IS important. We have some very talented and knowledgeable people on this board and hundreds of others that would post that may know more than we do. Encourage these LURKERS to join our discussions by acting professional and we may benefit from their experience.
Now I feel better, I think?
Norman
Now I feel better, I think?
Norman
