nnuut's Account Talk

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Silverbird said:
Still no volume, in stocks or in bonds. Pogo Stick again...boing boing...yipe!
Click to expand...
IMO...most of the smart money still on the sidelines hence no volume. As far as the fall just now...price of oil and oil stocks drop? Take that away and the market tanks. No pun intended...
 
This drop could simply be an intraday pause for some propfit taking - the rally may eventually continue back to the days highs on the close - why am I always so optimistic.
 
I think you're right on that one Sir Birchtree!! Tues PPI may be doped up like the CPI, then comes our friend Burntankle, and you know how he is!!
 
Seems that the S&P ---200 MA 1427.76 is going to be a tough NNUUT to crack!!:laugh:
 
You know how I feel!!!!!!!
The picture was taken in 1918. It is 18,000 men preparing for war in a
training camp at Camp Dodge in Iowa . A gift from our grandfathers...


Imagine how long these men had to stand in that one spot in the heat to set
it up correctly. There were twice as many men in just the flame and torch
as in the rest of the figure
View attachment 3901
 
80% "G", 10% "C", 10% "I" COB today. More out to the "G", seems Markets might have turned the corner to a leg down. I don't know what effect the FED's decision on the interest rates will have on the markets, but don't feel willing to chance it? Oil and Gas are killing us and the Govt. is just letting it happen. Seems to me that they want us to get used to Gas at $5.00 a gallon, then they can knock it down to $3.50 and people will think they got a DEAL!! There is a name for that scam, I can't remember what it's called, but I know how it goes.:cool:
 
nnuut said:
80% "G", 10% "C", 10% "I" COB today. More out to the "G", seems Markets might have turned the corner to a leg down. I don't know what effect the FED's decision on the interest rates will have on the markets, but don't feel willing to chance it? Oil and Gas are killing us and the Govt. is just letting it happen. Seems to me that they want us to get used to Gas at $5.00 a gallon, then they can knock it down to $3.50 and people will think they got a DEAL!! There is a name for that scam, I can't remember what it's called, but I know how it goes.:cool:
Click to expand...

The scam is called "Politics" and we are the victims. De Ja Vue. :mad:
 
nnuut said:
80% "G", 10% "C", 10% "I" COB today. More out to the "G", seems Markets might have turned the corner to a leg down. I don't know what effect the FED's decision on the interest rates will have on the markets, but don't feel willing to chance it? Oil and Gas are killing us and the Govt. is just letting it happen. Seems to me that they want us to get used to Gas at $5.00 a gallon, then they can knock it down to $3.50 and people will think they got a DEAL!! There is a name for that scam, I can't remember what it's called, but I know how it goes.:cool:
Click to expand...
How are the pols going to "knock it down" without imposing price controls? Do you really expect them to do that?;)
 
"knock it down" ??? hell I don't know?/:confused: BUT,do you really think the USA would be successful imposing price controls on petroleum products when world demand is at record levels? Might be able to control US Oil, but OPEC?:D
 
nnuut said:
Do you really think the USA would be successful imposing price controls on petroleum products when world demand is at record levels? Might be able to control US Oil, but OPEC?:D
Click to expand...
Sure, it's called a subsidy, or price supports. Otherwise known as a baaadddd idea in times of deficit since that means more government spending. Indirectly, it would help if we strengthened the dollar by borrowing less (or even better, stop borrowing) and not lowering interest rates (raising interest rates may put the market into a panic).
 
nnuut said:
"knock it down" ??? hell I don't know?/:confused: BUT,do you really think the USA would be successful imposing price controls on petroleum products when world demand is at record levels? Might be able to control US Oil, but OPEC?:D
Click to expand...
That's what I was referring to, US price controls. Can't control the rest of the world, no matter how hard the empire-builders try.....;):D
 
Obama would say walk more and drive less or get a bicycle and peddle your a$$ to the grocery store - you bunch of whimps. Consider the cardiovascular tone you would develope and live healthier and thus reduce the medicare bills. It's all about the appropriate sacrifice - vote for your favorite Donkey.
 
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