Show-me Account Talk

[Show-me]

Ppt

Member of the PPT gather for a photo op.

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What do you think we should do?
I don't know. What do you think?
I don't know. I can't spell nuclear.
How bout you Harry?
I don't know. I thought this was the line for a pedicure.
Where's Dick? I can't do this without Dick!
Just shut up and look Presidential.

 

[Corepuncher]

Do you have an opinion as to what a good level would be to short any rally? I think we'll probably just have to wait and see how the market does at key levels. I'm thinking that the 1440-1460 range on S&P might be a good time to range trade...not sure we can make it to 1480-1500 range yet. Lots of time between now and rate cut time. Lots of data too but really, how much worse could any data make things? I think the chances are on our side for a rally.

 

[Show-me]

1450 was my sell limit.

 

[Birchtree]

Monday would be an excellent opportunity for another shock and awe. That would catch a lot of traders and investors off guard - it would restore some confidence to our group of young hedge fund managers. I'll be just doing more buying as I always do during times of calamity.

 

[Show-me]

Kung Fu Kitty :laugh:

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[Show-me]

AP
Odds Are Growing for Economic Recession
Sunday January 13, 11:19 am ET
By Jeannine Aversa, AP Economics Writer Can Weakening Economy Survive Current Strains or Collapse Into a Recession

WASHINGTON (AP) -- The unemployment rate leaps to a two-year high, record numbers of people are forced from their homes and Wall Street nose-dives again. Such is the fallout from a housing meltdown that threatens to slingshot the country into a recession.

The big economic question these days is whether the weakening economy will survive the strains or collapse under them.

The odds have grown that the economy will slip into a recession. At the beginning of last year, many economists put that chance at less than 1-in-3; now an increasing number says it has climbed to around 50-50. Goldman Sachs, the biggest investment bank on Wall Street even thinks a recession is inevitable this year.

Hopeful it can be avoided, President Bush and the Democrat-controlled Congress are exploring economic rescue measures, including possible tax rebates. Federal Reserve Chairman Ben Bernanke pledged to lower interest rates as needed.

http://biz.yahoo.com/ap/080113/recession_odds.html

 

[Show-me]

http://www.washingtonpost.com/wp-dyn/content/article/2006/09/06/AR2006090601852_pf.html

TSP spokesman Tom Trabucco , citing competitive considerations related to the contract award, said the board would not disclose how many firms submitted bids.

Trabucco said no estimate of the value of the contract to Barclays had been calculated. Barclays will collect fees based on the amount of assets under management and will share in income from securities lending related to the TSP, he said.

Participants in the TSP pay for the cost of the program's administration and operations, including the expense of hiring Barclays as a manager. The fees charged to participants are among the lowest, if not the lowest, in the mutual fund industry, according to TSP officials.

Last year, participants were charged 50 cents per $1,000 invested in TSP stock funds and 40 cents per $1,000 invested in the TSP bond fund.
Barclays will manage the common-stock index investment fund, the small-capitalization-stock index investment fund, the international stock index investment fund and the fixed-income index investment fund at the TSP.

The remaining TSP investment options are overseen by the board's staff. A government securities fund is jointly managed with the Treasury Department, and five life-cycle funds are administered by the retirement board.

 

[wv-girl]

http://www.washingtonpost.com/wp-dyn/content/article/2006/09/06/AR2006090601852_pf.html

TSP spokesman Tom Trabucco , citing competitive considerations related to the contract award, said the board would not disclose how many firms submitted bids.

Trabucco said no estimate of the value of the contract to Barclays had been calculated. Barclays will collect fees based on the amount of assets under management and will share in income from securities lending related to the TSP, he said.

Participants in the TSP pay for the cost of the program's administration and operations, including the expense of hiring Barclays as a manager. The fees charged to participants are among the lowest, if not the lowest, in the mutual fund industry, according to TSP officials.

Last year, participants were charged 50 cents per $1,000 invested in TSP stock funds and 40 cents per $1,000 invested in the TSP bond fund.
Barclays will manage the common-stock index investment fund, the small-capitalization-stock index investment fund, the international stock index investment fund and the fixed-income index investment fund at the TSP.

The remaining TSP investment options are overseen by the board's staff. A government securities fund is jointly managed with the Treasury Department, and five life-cycle funds are administered by the retirement board.

Finally starting to see a small window of what is really going on. Since these "frequent traders" are beating the regular funds and HAMMERING the L funds, we are making them look very bad. Guess someone hasn't gotten a 'bonus' because of it. No wonder they need to cover their butts by blaming us. WIMPS! Oh yeah, WE ARE NOT a mutual fund. Get it right.

 

[poolman]

Finally starting to see a small window of what is really going on. Since these "frequent traders" are beating the regular funds and HAMMERING the L funds, we are making them look very bad. Guess someone hasn't gotten a 'bonus' because of it. No wonder they need to cover their butts by blaming us. WIMPS! Oh yeah, WE ARE NOT a mutual fund. Get it right.

And the more you see inside that window and understand the more pxssed off you will get. This is absolutely absurd.

 

[Show-me]

Now remember, the Board and Greg Long are immune from litigation. Tracy Ray, we are coming for you. We will pick the place and time. You are the CFO and you will be the fall girl. Should of left us frequent transfers alone!

 

[Show-me]

They have gotten away with it because of a lack of knowledge and action on our part. We need a good "financial investigative reporter". Something that will go in the WSJ.

 

[airlift]

I agree!

They have gotten away with it because of a lack of knowledge and action on our part. We need a good "financial investigative reporter". Something that will go in the WSJ.

 

[Steadygain]

-... but your turn may not be up just yet..

The plan was to go the G Fund, which I may wind up doing (but there is always a chance this is a 2 or 3 day rally). Your 50/50 split to C/S may well pay off - despite Friday's loss. Nothing wrong with CP and getting the guaranteed penny - but I'd way rather get 25 or more. Anyway the Markets are off to a solid start.

 

[Show-me]

Capital preservation!

50G/50F

Retail can't be good and PPI/CPI is up in the air.

 

[Corepuncher]

Capital preservation!

50G/50F

Retail can't be good and PPI/CPI is up in the air.

Prior month retail sales were up 1.2%, this month forecast is for 0.0 %. Think there is surprise potential to the upside. I think the consumer will fall further into debt before ther habit of spending slows.

 

[Show-me]

Quick story.

Friday went out with friends for a b-day party and one friend works at the local factory. The "factory" make utility truck beds for all the major Telecoms outfits, cable, railroads, plumbers, etc. Big, huge utility truck bed business.

The story started that the Union was filing a grievance because the regulars were being cut back to 4 day while the seasonal employees were working 5 and 6 days. The reason was because one of the "major" contract got put on hold or possibly canceled.

Who?......................AT&T. Coincidence? I think not.

 

[Show-me]

Prior month retail sales were up 1.2%, this month forecast is for 0.0 %. Think there is surprise potential to the upside. I think the consumer will fall further into debt before ther habit of spending slows.

PPI/CPI is the numbers to watch. We already know retail sales will be weak. It is inflation that worries the Fed.

 

[Birchtree]

Despite the rhetoric, the Fed's leadership probably isn't too worried about inflation. Officials believe the tendency of a lower dollar or higher energy prices to become embedded in underlying inflation has declined significantly in recent decades. Their principal source of inflation concern - the low level of spare capacity in the economy - has waned as the unemployment rate rises and the economy slows. Wage and benefit costs rose at a subdued rate in the third and fourth quarters. The economy is expected to slow sharply in the fourth quarter as high energy prices bite into consumer spending and housing construction tumbles further. I'm not concerned about inflation ramping up. Tomorrow will tell some of the story.

 

[Show-me]

Despite the rhetoric, the Fed's leadership probably isn't too worried about inflation. Officials believe the tendency of a lower dollar or higher energy prices to become embedded in underlying inflation has declined significantly in recent decades. Their principal source of inflation concern - the low level of spare capacity in the economy - has waned as the unemployment rate rises and the economy slows. Wage and benefit costs rose at a subdued rate in the third and fourth quarters. The economy is expected to slow sharply in the fourth quarter as high energy prices bite into consumer spending and housing construction tumbles further. I'm not concerned about inflation ramping up. Tomorrow will tell some of the story.

You need to get into the fresh air! LOL The Fed is worried about inflation, but it is more concerned about the economy slowing. We are a 2/3 consumer drive economy and inflation IS rampant. We need good paying jobs, a stable economy, and affordable commodities to keep the economy chugging along. Inflation is pinching the consumer and the consumer is not spending and the businesses are not making money. Ta da, Goldilocks is DEAD!

I remember 2000 and 2001 when gas was at the most $1.25 a gallon. Most commodities have more than doubled in price since 2005-2006. Oil was in the low $30's.

I bought silver at $6 to $10 and still have it. Waiting for the rates to get cut some more and drag down the dollar.

Even the high end consumers are feeling the pinch, ask American Express.

Wage and benefit cost rose at a subdued rate. I would like to know who's wage a benefits they sampled. My health care premiums took a big jump and my employer pays about 78% of my premium.

Check out Oscars webinar.

 

[merlin]

Capital preservation!

50G/50F

Retail can't be good and PPI/CPI is up in the air.

I understand capital preservation. But I don't want to stay out forever. Here lately since going back tour 2, I haven't been able to keep up with the market. My access to TSPTALK and info on the DOW, Nasdaq, and S&P have been denied. I can't understand why all I did was look and never participated in any discussion at work. Well that the Post Office. Under these circumstances I may have to become a buy and hold. Unless I figure something else out.