malyla
Active member
Been there, Done that (Feb scrub STS116?). It is a thing to see though. I managed to see a few from the VAB in my day. The roar of the shuttle is amazing. I will miss the shuttle when they retire it. It is an amazing vehicle.
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nnuut's Account Talk
- Thread starter nnuut
- Start date
Been there, Done that (Feb scrub STS116?). It is a thing to see though. I managed to see a few from the VAB in my day. The roar of the shuttle is amazing. I will miss the shuttle when they retire it. It is an amazing vehicle.
nnuut
Moderator | TSP Legend
90% "G", 10% "F" COB today. Lookin' rather GRIM today!!:worried: This could be a retracement or a consolidation at a minimum?View attachment 6321
coolhand
Well-known member
I live about 30 miles from the launch site. The night launches are the most impressive.
nnuut
Moderator | TSP Legend
nnuut
Moderator | TSP Legend
I think this guy has it right!!:worried:
Farrell: Caution, We May Be Getting Ahead Of Ourselves
Posted By:Vince Farrell
Topics:Recession | Economy (U.S.) | Economy (Global) | Trade | Retail Sales
Vince Farrell
CNBC Contributor
Retail sales? I don't think so. It's the heavy hand of government
Retail sales were reported for last month and were viewed as disappointing coming in down 0.4% when most were hoping for a flat performance. But for reasons we listed yesterday when chain store sales were announced, we felt that the recent uptick in consumer performance was not sustainable. There were some one time spurts to incomes that helped in the very recent past, but the consumer is still overleveraged, worried about jobs and will continue to save more as uncertainty requires a pool of savings to fall back on if times get tougher. Unemployment is high and rising, and wage growth is stunted. It's hard to see retail sales, or the consumer in the overall, spurring economic growth.
The market sold off and the reasonable explanation was that the cause was the poor sales showing. That was undoubtedly part of the selloff. We have been digesting better than expected news with the optimism that comes with rising stock prices. But now we have had a run and bad news is being treated as bad news and depresses the market which is the mark of a correction. There is another more troubling feature to the news of the day than just bad retail sales though.
I think the bigger, more troubling headline was the word that the administration is looking at ways to regulate and restrict financial paychecks. Cap and trade seems to be back and alive and well, and major health care reform is on the way. This sure sounds like the world is going to be directed out of the Oval Office and I thought central control of an economy has been discredited by the failure of every country that has tried it. I find this so troubling that words fail me (well almost, I have never run out of words.) This is very bad news, and it will be very hard politically to stand against this with the populist fervor running through the country. I was almost completely despaired by this administration today when news came at the end of the day that charges are being prepared against Angelo Mozilo, former CEO of Countrywide. Some faith has been restored, but only some.
Word out of the Financial Times today was that the EU will follow the US' lead and stress test their banks. The European banks have allegedly been conducting their own tests privately and decided that was not good enough. There are lots of opinions about the US stress tests but on balance the results have been well received. Europe needs to catch up.
Our March trade deficit released [more]
http://www.cnbc.com/id/30743078
Farrell: Caution, We May Be Getting Ahead Of Ourselves
Posted By:Vince Farrell
Topics:Recession | Economy (U.S.) | Economy (Global) | Trade | Retail Sales
Vince Farrell
CNBC Contributor
Retail sales? I don't think so. It's the heavy hand of government
Retail sales were reported for last month and were viewed as disappointing coming in down 0.4% when most were hoping for a flat performance. But for reasons we listed yesterday when chain store sales were announced, we felt that the recent uptick in consumer performance was not sustainable. There were some one time spurts to incomes that helped in the very recent past, but the consumer is still overleveraged, worried about jobs and will continue to save more as uncertainty requires a pool of savings to fall back on if times get tougher. Unemployment is high and rising, and wage growth is stunted. It's hard to see retail sales, or the consumer in the overall, spurring economic growth.
The market sold off and the reasonable explanation was that the cause was the poor sales showing. That was undoubtedly part of the selloff. We have been digesting better than expected news with the optimism that comes with rising stock prices. But now we have had a run and bad news is being treated as bad news and depresses the market which is the mark of a correction. There is another more troubling feature to the news of the day than just bad retail sales though.
I think the bigger, more troubling headline was the word that the administration is looking at ways to regulate and restrict financial paychecks. Cap and trade seems to be back and alive and well, and major health care reform is on the way. This sure sounds like the world is going to be directed out of the Oval Office and I thought central control of an economy has been discredited by the failure of every country that has tried it. I find this so troubling that words fail me (well almost, I have never run out of words.) This is very bad news, and it will be very hard politically to stand against this with the populist fervor running through the country. I was almost completely despaired by this administration today when news came at the end of the day that charges are being prepared against Angelo Mozilo, former CEO of Countrywide. Some faith has been restored, but only some.
Word out of the Financial Times today was that the EU will follow the US' lead and stress test their banks. The European banks have allegedly been conducting their own tests privately and decided that was not good enough. There are lots of opinions about the US stress tests but on balance the results have been well received. Europe needs to catch up.
Our March trade deficit released [more]
http://www.cnbc.com/id/30743078
nnuut
Moderator | TSP Legend
Still stuck at 90% "G", 10% "F"!!!!!!
I won’t be available today from 10:00 until about 13:30, work calls. Then I'm taking off early to go home and try and fix my computer. Daughter acquired a really good Trojan virus and now all I get is the "Blue Screen of Death" so it doesn't look good for me posting at all after 10:00, we will see? Damn computers!! :nuts:
I won’t be available today from 10:00 until about 13:30, work calls. Then I'm taking off early to go home and try and fix my computer. Daughter acquired a really good Trojan virus and now all I get is the "Blue Screen of Death" so it doesn't look good for me posting at all after 10:00, we will see? Damn computers!! :nuts:
XL-entLady
Well-known member
Gee, Norm, that's too bad! You have the worst computer luck. Almost as bad as mine. :toung: Good luck with it!
Lady
nnuut
Moderator | TSP Legend
Forced to reformat and reinstall everything, completed in record time!!! Boy that Vista is a wonder!!! HA HA HA!!!
XL-entLady
Well-known member
:nuts:
Birchtree
Well-known member
I'm more inclined to concentrate on the NYSE and it's pushing up against the Ja. 6th high of 6,000. We could possibly get a nice surprise after 1500 hours to the upside - just squeeze a little more goo out of the bears. The NYSE breadth MCSUM is up over +1200 which tells me we will not see very much to the downside in a correction.
JTH
Well-known member
View attachment 6345
ya ain't jokin :cheesy:
Still 90% "G", 10% "F"----->>>>>>
Seems the SPX should be hitting a really hard spot at resistance level of about 915,
ya ain't jokin :cheesy:
Last edited:
Pschiffdicpal
Member
hey Bman Bears come out after 3pm everyday so far whats up with that?
nervise money:worried::worried::worried::worried:
nnuut
Moderator | TSP Legend
I'm back!!! Arrived about 10 PM, drove through some of the worst weather ever? When we go to gamble we plan on losing, nothing new, but came back $300 away from breaking even, that's GOOD!!
Hope we do better in the market than I do at the casinos, but was a good time, GREAT FOOD, FREE BOOZE (nothing is free really) and a weekend away, well worth the money!
Hope we do better in the market than I do at the casinos, but was a good time, GREAT FOOD, FREE BOOZE (nothing is free really) and a weekend away, well worth the money!Similar threads
