nnuut's Account Talk

[nnuut]

I'm CAPITULATED!!!
I'm going to try some of these Investment Tips:
INVESTMENT TIPS!

Investment tips for 2008

With all the turmoil in the market today and the collapse of Lehman
Bros and Acquisition of Merrill Lynch by Bank of America this might be
some good advice. For all of you with any money left, be aware of the
next expected mergers so that you can get in on the ground floor and
make some BIG bucks.

Watch for these consolidations later this year:

1.) Hale Business Systems, Mary Kay Cosmetics, Fuller Brush, and W R.
Grace Co. Will merge and become:
Hale, Mary, Fuller, Grace.

2.) Polygram Records, Warner Bros., and Zesta Crackers join forces and
become:
Poly, Warner Cracker.

3.) 3M will merge with Goodrich and become:
MMMGood.

4. Zippo Manufacturing, Audi Motors, Dofasco, and Dakota Mining will
merge and become:
ZipAudiDoDa

5. FedEx is expected to join its competitor, UPS, and become:
FedUP.

6. Fairchild Electronics and Honeywell Computers will become:
Fairwell Honeychild.

7. Grey Poupon and Docker Pants are expected to become:
PouponPants.

8. Knotts Berry Farm and the National Organization of Women will
become:
Knott NOW!

And finally...

9. Victoria 's Secret and Smith & Wesson will merge under the new name:
TittyTittyBangBang

 

[nnuut]

Unlike the first vote - this sends a FAR STRONGER MESSAGE

Sure, the message should have been, STAY IN THE "G" STUPID!!!View attachment 4788

 

[Geaux4it]

Sure, the message should have been, STAY IN THE "G" STUPID!!!View attachment 4788

I hear ya nnut- First the Dow drops 777 because of NO BAILIOUT PLAN then drops ~2% yesterday becasue there is one.
This morning's futures look grim for Monday. Maybe Asia can help ease that pain.

I am going for the pop next week with

30 G
40 S
30 C

Quick, someone get me a rope.

Geaux

View attachment 4790

 

[nnuut]

I to am at the end of my rope!!

 

[nnuut]

SHADOWTRADER WEEKLY: VIX and the BOTTOM!!
http://www.redoption.com/shadow_video.php?ch=467

 

[budnipper1]

SHADOWTRADER WEEKLY: VIX and the BOTTOM!!
http://www.redoption.com/shadow_video.php?ch=467

What I got from this video is that he's still looking for bottom indicators, but don't see it yet. Still too much volatility, urging CAUTION! He did say that some stocks looked promising for "day traders", getting in and out during 4-hour intervals, including some pharmaceuticals in the S&P 500. Basically, I don't think he knows much more than any of us do. I'm just betting that we won't go a whole lot lower between now and Christmas and hope to get back some of the $$$ I've lost this year. The election in November should remove about half of the market manipulation BS for the rest of the year, regardless of who wins.
(disclaimer: I don't know $#!? about the markets...to me, it's all a crap-shoot)

 

[nnuut]

I feel like you do BN1, the longer I study this stuff the worse I get!!! Think I need one or two of those Buds with my BBQ STEAK tonight!!
Newby PLEASE don't follow me!!

 

[nnuut]

Received this in an Email, makes sense to me!!

The Birk Economic Recovery PLan

> Hi Pals,
>
> I'm against the $85,000,000,000.00 bailout of AIG.
>
> Instead, I'm in favor of giving $85,000,000,000 to America in a We
> Deserve It Dividend.
>
> To make the math simple, let's assume there are 200,000,000 bonafide
> U.S. Citizens 18+.
>
> Our population is about 301,000,000 counting every man, woman and
> child. So 200,000,000 might be a fair stab at adults 18 and up..
>
> So divide 200 million adults 18+ into $85 billon that equals
> $425,000.00.
>
> My plan is to give $425,000 to every person 18+ as a We Deserve It
> Dividend.
>
> Of course, it would NOT be tax free. So let's assume a tax rate of 30%.
>
> Every individual 18+ has to pay $127,500.00 in taxes. That sends
> $25,500,000,000 right back to Uncle Sam.
>
> But it means that every adult 18+ has $297,500.00 in their pocket. A
> husband and wife has $595,000.00.
>
> What would you do with $297,500.00 to $595,000.00 in your family?
> Pay off your mortgage - housing crisis solved.
> Repay college loans - what a great boost to new grads Put away money for
> college - it'll be there Save in a bank - create money to loan to
> entrepreneurs.
> Buy a new car - create jobs
> Invest in the market - capital drives growth Pay for your parent's
> medical insurance - health care improves Enable Deadbeat Dads to come
> clean - or else
>
> Remember this is for every adult U S Citizen 18+ including the folks
> who lost their jobs at Lehman Brothers and every other company that is
> cutting back. And of course, for those serving in our Armed Forces.
>
> If we're going to re-distribute wealth let's really do it...instead of
> trickling out a puny $1000.00 ( "vote buy" ) economic incentive that is
> being proposed by one of our candidates for President.
>
> If we're going to do an $85 billion bailout, let's bail out every adult
> U S Citizen 18+!
>
> As for AIG - liquidate it.
> Sell off its parts.
> Let American General go back to being American General.
> Sell off the real estate.
> Let the private sector bargain hunters cut it up and clean it up.
>
> Here's my rationale. We deserve it and AIG doesn't.
>
> Sure it's a crazy idea that can "never work."
>
> But can you imagine the Coast-To-Coast Block Party!
>
> How do you spell Economic Boom?
>
> I trust my fellow adult Americans to know how to use the $85 Billion We
> Deserve It Dividend more than I do the geniuses at AIG or in Washington
> DC .
>
> And remember, The Birk plan only really costs $59.5 Billion because
> $25.5 Billion is returned instantly in taxes to Uncle Sam.
>
> Ahhh....I feel so much better getting that off my chest.
>
> Kindest personal regards,
>
> Birk
>
> T. J. Birkenmeier, A Creative Guy & Citizen of the Republic
>
>
> PS: Feel free to pass this along to your pals as it's either good for a
> laugh or a tear or a very sobering thought on how to best use $85
> Billion!!

 

[KevinD]

Received this in an Email, makes sense to me!! View attachment 4797

The Birk Economic Recovery PLan

Dude. This has been on this board 4 or 5 times. :notrust: :suspicious: It's only $425.00

http://www.tsptalk.com/mb/showpost.php?p=183118&postcount=1841

 

[nnuut]

Dude. This has been on this board 4 or 5 times. :notrust: :suspicious: It's only $425.00

http://www.tsptalk.com/mb/showpost.php?p=183118&postcount=1841

I didn't see it here and didn't do the math, but is funny!!!!

 

[nnuut]

Overseas Markets in Big Trouble this morning. Looks like the BAILOUT is a Month late and a Trillion Dollars short?
I really think I'm Capitulated!!!!! That means it must be time to turn this thing around. When I jump to the Pad up she goes!!

 

[nnuut]

IFT from 50% "C" and "S" to 85% "C", 15% "S"!:worried:

 

[Guest2]

We'll ride this pony until its broken in. Or just broke. Best of Luck Norm !

 

[nnuut]

We'll ride this pony until its broken in. Or just broke. Best of Luck Norm !

Best to you too! I think I'm having a panic attack though? I will bail if we break resistance, where ever that is?

 

[Geaux4it]

I thought they close the markets at ~500 or did I just dream that?

Geaux

 

[nnuut]

I thought they close the markets at ~500 or did I just dream that?

Geaux

Circuit Breakers::worried:
http://www.sec.gov/answers/circuit.htm

NYSE Settings:
http://www.nyse.com/press/circuit_breakers.html

 

[nnuut]

What happened to the PPT on days like this? Guess they ran out of dough?

 

[fedgolfer]

What happened to the PPT on days like this? Guess they ran out of dough?

... the PPT would have had more of a run to upside if they didn't have the short ban. Less shorts to squeeze IMHO. Imagine all the shorts that would have been buying all day long until 3pm?! Probably would have been enough to close the gap down in XLF/UYG... and then some.

 

[nnuut]

I hope this is not all the FED does today!

Fed plan to buy commercial paper lifts financial stocks

By Greg Morcroft
Last update: 9:35 a.m. EDT Oct. 7, 2008

NEW YORK (MarketWatch) - U.S. financial stocks rose early Tuesday, inspired by a Federal Reserve plan to begin buying commercial paper in an effort to free up short-term liquidity in the credit markets. Commercial paper is the shortest-term credit available and generally ranges in maturities from overnight to several months. The Financial Select Sector
Select Sector SPDR: Financial Select Sector SPDR Fund
Last: 17.96+0.16+0.90%

XLF17.96, +0.16, +0.9%) , an ETF that tracks financial stocks in the S&P 500 quickly jumped from down about 1% before the announcement in pre-open trading, to up 1.8% immediately following the news. After the official open, the XLF slipped back a bit, to trade up 1%. Bank of America
bank of america corporation com

<IMG class=pixelTracking height=1 width=1 border=0>BAC28.98, -3.24, -10.1%) shares bucked the uptrend though, retreating about 9% Tuesday as investors pondered life with a smaller dividend and a worsening earnings outlook after the bank reported a surprising 68% drop in third quarter profit late Monday.

http://www.marketwatch.com/News/Sto...5A-86D9-45EE-9CDB-C14AA92223A2}&siteid=yhoof2

 

[nnuut]

Should effect the price of Oil.

Dollar sinks as rate-cut expectations grow

Dollar falls sharply from 14-month high against euro, as talk of Fed action on interest rates increases.

By David Goldman, CNNMoney.com staff writer
October 7, 2008: 10:03 AM ET

European banks stumble






NEW YORK (CNNMoney.com) -- The dollar sank against most foreign currencies Tuesday, as the still-frozen credit markets led a majority of investors to believe the Federal Reserve will step in with rate cuts, in addition to buying loans crucial to business.
The Fed announced Tuesday it would take action to backstop the commercial paper market, by purchasing companies' short-term debt. That added more speculation that the bank needs to cut rates in its meeting Oct. 29 - or even before that in emergency action.
On the Chicago Board of Trade, futures indicated a 48% chance that the Fed will lower its rate to 1.5% from 2%, and the futures showed a 58% chance that the rate will be cut to 1.25%.
The U.S. central bank could choose to lower its key funds rate, which is a rate banks charge other banks to borrow money, in an attempt to further encourage lending and thereby return the normal flow of credit to businesses.
But rate cuts are also inflationary, worrying dollar investors that their investments will devalue over time as the Treasury prints more money.
Euro:[more]
http://money.cnn.com/2008/10/07/markets/dollar/index.htm?postversion=2008100710