Market Talk

[Guest]

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neirbod wrote:

I wonder if it is this quote:

Challenger said the economy's biggest worry is that a "large number of lower-middle class and middle-class Americans struggling to make it paycheck-to-paycheck will be short of discretionary income during the holiday shopping season."

It is in the CNN article talking about job cuts. The story came out earlier today, but it was updated just after noon. I read the earlier version, and I don't recall this quote.

The story is here:

http://money.cnn.com/2004/12/07/news/economy/jobless_challenger/index.htm

Dave

Interesting , thanks!

 

[neirbod]

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Spaf wrote:

neirbod wrote:

Challenger said the economy's biggest worry is that a "large number of lower-middle class and middle-class Americans struggling to make it paycheck-to-paycheck will be short of discretionary income during the holiday shopping season."

Dave....The more I read this article, the more it just seemed to be...a....not good writing.

Is the biggest problem with the economy = to the people that don't have it won't have extra.

Rgds :* Spaf

Right! The headline should read: People Don't Have Money Because People Don't Have Money

I think the gist is that, with many people still out of work and higher costs (e.g. from energy, health care), people just don't have as much money to spend this year on holiday gifts. That would help explain why retail sales have been sluggish up to this point in the holiday season. Low sales leads tolow profits, leading to reductions in hiring.

 

[Guest]

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Now see, you have to read "between the lines", I believe it says that interest rates will be raised to 7% come next Tuesday and the real estate market will then have to raise their rates to like 10% and then everyone that doesn't have a fixed rate will have to sell their homes just to pay off their loans and then will have to move in with mom and dad or a cardboard box at the corner, and then the credit card companies will have to raise their rates to 30%, and if your car isn't paid off.............





Just kidding all, I wanted to see what it was like to be someone else on this board...........

Good luck,

M_M

 

[Rod]

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Some folks may find this site interesting. I thought the outlook comments were interesting.

http://stockmarketcourse.com/outlook.asp

God Bless:^

 

[Spaf]

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M_M... U scaret me (aka Lemming#4)!Thame on U!

Rod that was a good web site. Noted and thanks

I think I'm running into information overload about the prices of things and the economy. One person says tomatoes are #3.99 a lb. The next person says he doesn't even like tomatoes. The Govt BEA site gave me a picture of increased personal income, increased GDP, a decrease in corp. profits, a trade deficit, high imports, and high foreign investments.

 

[cowboy]

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mlk_man wrote:

Now see, you have to read "between the lines", I believe it says that interest rates will be raised to 7% come next Tuesday and the real estate market will then have to raise their rates to like 10% and then everyone that doesn't have a fixed rate will have to sell their homes just to pay off their loans and then will have to move in with mom and dad or a cardboard box at the corner, and then the credit card companies will have to raise their rates to 30%, and if your car isn't paid off.............





Just kidding all, I wanted to see what it was like to be someone else on this board...........

Good luck,

M_M

Mmmm! Maybe more truth to this then you might thinkM_M.

 

[ou81200]

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I wonder what Alan Greenspands would think of this synopsis???

 

[smine]

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Remind me why I left 95% G to take a 2 day loss of nearly .50+ total?

 

[Spaf]

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ou81200....I wouldn't even go there.M_M is a good member. I just wish he would give a warning. I still can't find my little lemming. He didn't see M_M's avatar.

Smine....the reason you got out of G was to join the bull market. In this market what went down today will go back up. The primary movement is still a bull market. We had a secondary move or correction today. We kind of had to let some of the air out of the bag to make room for some more leaves.In the meantime lets see what Tom has to comment about tonight. I think Tom is right about a correction to 1160-1175. It was down to 1177 today. The advances have in the past come fast and furious. Lets see what he has to say first? OK?

Rgds Spaf

 

[learning]

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Tom said get outand I did not do it. AWWWWW He said that it would correct and it did. NOOOOOO. Do I feel like a :dah:.

Good Job Tom:^

Market timer, you called the F fund several times very well, I have noticed:^

Now, to bail out and tommorow for the next day or stay put, that is the question. I hope to see some positive correction tommorow. Tom has said that we are in for some corrections for several days. I still believe that the month would be good. Some of the articles I have read have said other.

If CNN and some article caused this I hope they, I do not know but I hope it anyway

Good job, to all that did the bail out in time.

 

[VictorPR]

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Here in Connecticut I just found out that Wendy's Restaurants are not serving any more tomatoes with their hamburgers ,unless you actually request tomatoes, due to the high price of tomatoes. Wow, what is a great hamburger without tomatoes. It sounds unbeliavable, but it is real.

 

[Spaf]

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Victor
I think it's a supply and demand thing.
Tomatoes $3.99 a lb. but you can stop at Taco Mayo and get a complete 3 tamale dinner for $3.99.

 

[Spaf]

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Will be interesting to see what Tom has for current market and fund comments. The correction to 1177 is slightly above his limits of 1160-1175.

This oneday transfer delay isn't helpful in the fast and furious increases and decreases we have been getting in this bull market. That delay gives in to guess work. Who would expect a -106.48 on the DJIA, in one day, Wow! I'll hedge the transfer mechanism and post a tenitive transfer to 30c, 50s, 20i for tomorrow. I'll check Tom's feelings and the market in the AM for a stay, cancel, or change, indicator.

I was instructed to be thinking at 260 mph in order to fly an airplane at 250 mph. OK!
Then how do you react to a market with big plus or minus days if it takes a day just to get ready for takeoff or to put it in the hanger? The Dow Theory says to stay airborne and ride the bull. But, Wow, some of those corrections really wantyou say Ouch!

Rgds, and be careful! Spaf

 

[Guest]

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smine wrote:

Remind me why I left 95% G to take a 2 day loss of nearly .50+ total?

Because MT said stay in until the end of Jan...................

 

[Guest]

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cowboy wrote:

mlk_man wrote:

Now see, you have to read "between the lines", I believe it says that interest rates will be raised to 7% come next Tuesday and the real estate market will then have to raise their rates to like 10% and then everyone that doesn't have a fixed rate will have to sell their homes just to pay off their loans and then will have to move in with mom and dad or a cardboard box at the corner, and then the credit card companies will have to raise their rates to 30%, and if your car isn't paid off.............





Just kidding all, I wanted to see what it was like to be someone else on this board...........

Good luck,

M_M

Mmmm! Maybe more truth to this then you might thinkM_M.

OH NOOOOOOOOOOOOO.........Had to open my big mouth didn't I? :x

 

[Guest]

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learning wrote:

Market timer, you called the F fund several times very well, I have noticed:^

learning, you are being facitious right?

 

[Guest]

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mlk_man wrote:

I would of normally jumped back in stocks today for tomorrow, but as I stated before, while I was back testing my system, I noticed that you shouldn't jump in and out of the market everyday for more than 3 or 4 times. If you do it that often, we usually get a pretty big drop.

Thank goodness for back testing....................:^

 

[Spaf]

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Mlk_man Wrote

OH NOOOOOOOOOOOOO.........Had to open my big mouth didn't I? :x

Yea! U saret away my Lemming! Is he in up there in your territory? Mail him back!
Do not punch holes in box, and do not feed him!


Rgds Spaf

 

[Rod]

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VictorPR wrote:

Here in Connecticut I just found out that Wendy's Restaurants are not serving any more tomatoes with their hamburgers ,unless you actually request tomatoes, due to the high price of tomatoes. Wow, what is a great hamburger without tomatoes. It sounds unbeliavable, but it is real.

No biggie.. just request tomatoes!

 

[learning]

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VictorPR wrote:

Here in Connecticut...Wendy's Restaurants...not serving any more tomatoes with their hamburgers ,unless you actually request...

It has been that way up in Maine too for a week at least.:?