Market Talk

[Spaf]

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DMA,
Agree, now is not the time to be holding debt! Since I'm gonna retire shortly, debt is something I do not want!
However, for IRS purposes to itemize, some debt can be benificial. Thus, due to medical expenses aminimum home mortgage can be a plus.

The real PROBLEM deals with the Federal Retirement System! Folks are not informed about retirement expectations, investments (TSP), etc. Until it's too late. My major gripe!

Just my reality! Regards! :? Spaf

 

[Guest]

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I agree.

My major gripe is the selections, none deadline and the creative NAV figuring.

Other then that I am a happy little clam.

ARM mortgages are getting ready to adjust. The poor retailers. :shock:

Should see them tax free for back to school sales any day now.

 

[Guest]

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Tom spoke of the USD in his comments today. Here is a chart:

Break of the long term uptrend line. I like to short stocks that do this. I am not short the U.S. but I am heavy into other currencies.

If you are interesting in moving some UDS into other currencies, check out:

everbank.com

You can open up a AUD account for 10K and get a 3 month CD earning 4.19%. Or a Mexican Peso earning nearly 8% on a 3 month CD.

Easiest way for get into other currencies and there are no fees.

Good luck. :shock:

 

[Guest]

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Japan down over 1%.

I guess the job report is a real stinker. :shock:

 

[Quips]

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Jobs report + the previous retail sales report + disposable income increases; they are reading the tea leaves and finding a pattern/trend.

 

[mlk_man]

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DMA wrote:

To me it looks like the people in the now got leaked the job report.

Sell offs after lunch prior to the job report are not good.

Notice Snow is not a guest tomorrow on Squak Crap.

When there is a good job number his Mortgian Mug is there. Bad ones he is not a guest.

:shock:Helicopter boy is appearing for him.

Contrary Indicator View

Good job report...........................try again.

 

[mlk_man]

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DMA wrote:

No worries WW.

That is what I mean about this market.

Even the bag holders are scrapping up more cash to pile in.

Insiders are piling out (selling their shares).

Just like 2000.

Some have different opinions:

Don't Get Misled by Insider Sales

By James J. Cramer
RealMoney.com Columnist
8/5/2005 8:20 AM EDT
Click here for more stories by James J. Cramer
This column was originally published on RealMoney on Aug. 4 at 1:25 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.
Insiders buy when they want to make money. Insiders sell for a host of reasons: taxes, divorce, lifestyle or just good financial planning. Yet the media love to focus on it -- so do the short funds -- because it is accessible and so easily compiled.
In fact, insider selling documents have inspired a whole silly cottage industry of newsletters, all purporting to get you out of trouble before it happens.


[align=right]
I have a theory. As someone who has spent his whole life advising rich people -- and the people behind these companies are most certainly rich -- consider that the uniform advice anyone gives to these people is, "Be sure to take something off the table."
I am friendly with or know everyone behind these sales. I know the advice they got. In some cases, I help give it. That anyone would react to this stuff by dumping these stocks is just plain uninformed.
Why point it out? Because I need you to think harder than this before you sell a great stock. Great stocks are hard to come by. If you flip out on this data, you are just playing right into the hands of the hucksters who shill it and the shorts who promote it.
Don't be a victim.
Think!




When They Sell, Don't Panic
Here's how homebuilders performed after insider sales

Company
Total Insider Sales
% of Market Cap
1 Year Performance
2 Year Performance

CTX
$39,256,961.24
0.42%
69.98%
116.35%

KBH
$246,501,104.76
3.31%
146.17%
184.76%

PHM
$31,316,800.00
0.26%
67.20%
187.62%

LEN
$40,405,622.35
0.40%
57.54%
103.22%

TOL
$868,088,559.60
10.32%
168.19%
279.58%

Source: Nasdaq.com[/align]

 

[Guest]

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Mr Ride Em Down 65-90% and then get bearish?

 

[The_Technician]

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consumer confindence drops for second month in a row...guess Oil and other drag on the economy is taken its toll....:x

Savings rate is almost zero......again daily expenses taken their toll on consumers....consumers are wringed out of money.....future profits are in consideration here.....:X

Canadian unemployment is up....does have an effect....

Jobs report fair.....but may not be a good factor overall...:?

My Market Mood Analysis

Good time for a mood change on the market...:shock:...of course I'm biased, I need to be proven right by Monday!!!!

:dude:

 

[Guest]

imported post

mlk_man wrote:

DMA wrote:

No worries WW.

That is what I mean about this market.

Even the bag holders are scrapping up more cash to pile in.

Insiders are piling out (selling their shares).

Just like 2000.

Some have different opinions:

Don't Get Misled by Insider Sales

By James J. Cramer
RealMoney.com Columnist
8/5/2005 8:20 AM EDT
Click here for more stories by James J. Cramer
This column was originally published on RealMoney on Aug. 4 at 1:25 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.
Insiders buy when they want to make money. Insiders sell for a host of reasons: taxes, divorce, lifestyle or just good financial planning. Yet the media love to focus on it -- so do the short funds -- because it is accessible and so easily compiled.
In fact, insider selling documents have inspired a whole silly cottage industry of newsletters, all purporting to get you out of trouble before it happens.



[align=right]
I have a theory. As someone who has spent his whole life advising rich people -- and the people behind these companies are most certainly rich -- consider that the uniform advice anyone gives to these people is, "Be sure to take something off the table."
I am friendly with or know everyone behind these sales. I know the advice they got. In some cases, I help give it. That anyone would react to this stuff by dumping these stocks is just plain uninformed.
Why point it out? Because I need you to think harder than this before you sell a great stock. Great stocks are hard to come by. If you flip out on this data, you are just playing right into the hands of the hucksters who shill it and the shorts who promote it.
Don't be a victim.
Think!




When They Sell, Don't Panic
Here's how homebuilders performed after insider sales

Company
Total Insider Sales
% of Market Cap
1 Year Performance
2 Year Performance

CTX
$39,256,961.24
0.42%
69.98%
116.35%

KBH
$246,501,104.76
3.31%
146.17%
184.76%

PHM
$31,316,800.00
0.26%
67.20%
187.62%

LEN
$40,405,622.35
0.40%
57.54%
103.22%

TOL
$868,088,559.60
10.32%
168.19%
279.58%

Source: Nasdaq.com[/align]

Think about what Crapper just said.

He advises the insiders to take some off the table and the masses to hold on.

Hmmm. He wants insiders on his show.........hmmmm.........:^

 

[Guest]

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The Technician wrote:

consumer confindence drops for second month in a row...guess Oil and other drag on the economy is taken its toll....:x

Savings rate is almost zero......again daily expenses taken their toll on consumers....consumers are wringed out of money.....future profits are in consideration here.....:X

Canadian unemployment is up....does have an effect....

Jobs report fair.....but may not be a good factor overall...:?

My Market Mood Analysis

Good time for a mood change on the market...:shock:...of course I'm biased, I need to be proven right by Monday!!!!

:dude:

Actually savings rate is negative.

The count credit card debt. However they do not compute mortgage interest and home equity line of credit interest into the savings rate formula.

If they did the savings rate would be around -3%

Yes, that is substainable.

 

[mlk_man]

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Taking some off the table is not selling everything. If I knew the stock was headed down, I'd take everything off. Why not take some profits when you probably have millions invested? Most investors don't have that much invested however.

For every point there is counter point. Just trying to point that out. Get it, point......:l

 

[Guest]

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mlk_man wrote:

Taking some off the table is not selling everything. If I knew the stock was headed down, I'd take everything off. Why not take some profits when you probably have millions invested? Most investors don't have that much invested however.

For every point there is counter point. Just trying to point that out. Get it, point......:l

This is the same jackass that said tech was dead when NAZ fell below 2000 and buy tech, any tech when Naz went above 2150.

He was wrong major large big two times in less then 3 months.

I do not listen to this idiot and no one else on this board should either.

http://www.itulip.com/awards.htm#Cramer

 

[Guest]

imported post

and I am pointing out "these insiders" are the same people he wants on his show to get ratings - you know the ones he is advising to take money off the table.

Tell the insider to take profits and the sheep to hold on.

HMMM.

 

[Guest]

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Remember I said two weeks ago to get out of the F fund or be roasted alive?

Today looks like a painful day for the F fund. F stands for fire.

:^ The fed rate hike next week =fire

fire fire fire.

 

[The_Technician]

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WW, dat ain't you in the picture jumping is it??

Stocks fell on Thursday as July sales from large retailers including Target Corp. failed to impress investors, while higher crude oil prices sparked worry about energy costs. An acrobat drops past onlookers in an office window on a building in the landmark Rockefeller Center during the 'Target Vertical Fashion Show' in New York, in this July 27, 2005 file photo.

 

[tsptalk]

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I don't know if anyone mentioned it already but the jobs reports came in at 207,000. That's a very solid number without being too high. The market shouldn't have reason to complain about that.

But it still could be reason for some profit taking after the summer rally. There are profits to protect before summer vacations on Wall St.

 

[teknobucks]

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Chart of 1930s dow....

http://djindexes.com/mdsidx/downloads/1930-1939.pdf

 

[Guest]

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tsptalk wrote:

I don't know if anyone mentioned it already but the jobs reports came in at 207,000. That's a very solid number without being too high. The market shouldn't have reason to complain about that.

But it still could be reason for some profit taking after the summer rally. There are profits to protect before summer vacations on Wall St.

Looks like she just got her credit card statement with the new higher minimum payments.

 

[Guest]

imported post

tsptalk wrote:

I don't know if anyone mentioned it already but the jobs reports came in at 207,000. That's a very solid number without being too high. The market shouldn't have reason to complain about that.

But it still could be reason for some profit taking after the summer rally. There are profits to protect before summer vacations on Wall St.

50,000 of the new jobs were retail. Retail really crapped out yesterday. They will probaby be let go or no new hiring. 73% of the economy is shopping - not a substainable economy.

4000 new jobs were home construction - rates are going up. Which means they will probably be let go due to slower mortgages being issued.

Lost another 4000 manufactoring jobs.

This is a really bad trend.

We need manufactoring jobs to export junk for our trade balance.

Market is reacting correctly. This report means the fed will continue to drop .25s on us.