radfringe
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Thu Jan-17-08 04:41 AM
Response to Reply #7 |
| 10. lol.. it reminds me of an old joke/story |
|
a business man is going over his accounts. He sees there is a significant increase in the amount of pencils purchased.
he investigates and finds many pencils are being thrown out that could still be sharpened and used and they are not too short.
he immediately issues a memo to all employees telling them they have to use pencils until they have been sharpened level with the eraser.
his secretary points out that it doesn't save money in the long run, because the money saved from using stubby pencils is being spent on band-aids for blisters which erupt from using stubby pencils - and it's only pennies, while millions are being wasted in other areas.
the business man replies : pennies I understand, millions I don't
|
| -STOCK MARKET WATCH, Thursday January 17 |
ozymandius |
Jan-17-08 04:12 AM |
#0 |
 -
Market WrapUp: Deleveraging & the Case for Stagflation |
ozymandius |
Jan-17-08 04:19 AM |
#1 |
| -
Today's Reports |
ozymandius |
Jan-17-08 04:24 AM |
#2 |
 -
U.S. 2007 housing starts off 25% to 15-year low |
UpInArms |
Jan-17-08 07:33 AM |
#30 |
 -
Housing starts plunge 14% to 16-year low in Dec. |
Roland99 |
Jan-17-08 07:42 AM |
#32 |
| -
UPDATE 1-U.S. housing Dec. starts hit 16-year low (check out the dates!) |
UpInArms |
Jan-17-08 08:24 AM |
#36 |
| -
1975, 1982-1983, 1991 |
ozymandius |
Jan-17-08 04:02 PM |
#177 |
| -
U.S. weekly initial jobless claims fall 21,000 |
Roland99 |
Jan-17-08 08:26 AM |
#37 |
| -
And these jobless claims can continue how long before falling out of the data set? |
Ghost Dog |
Jan-17-08 09:18 AM |
#52 |
| -
Isn't it just six months? |
Roland99 |
Jan-17-08 09:29 AM |
#57 |
| -
Unemployment benefits and the unemployed. |
TalkingDog |
Jan-17-08 10:35 AM |
#79 |
| -
Thanks TD. That is what I feared. |
Ghost Dog |
Jan-17-08 11:03 AM |
#87 |
| -
U.S. Jan. Philly Fed -20.9 vs. -1.6 in Dec. |
UpInArms |
Jan-17-08 09:18 AM |
#53 |
| -
Just a bit below consensus. |
Roland99 |
Jan-17-08 09:31 AM |
#59 |
| -
Oil near $91 after overnight drop |
ozymandius |
Jan-17-08 04:26 AM |
#3 |
| -
Oil profits could spark some backlash |
ozymandius |
Jan-17-08 04:29 AM |
#4 |
| -
regarding economic stimulus... |
radfringe |
Jan-17-08 04:29 AM |
#5 |
| -
I like this one. |
ozymandius |
Jan-17-08 04:33 AM |
#7 |
| -
lol.. it reminds me of an old joke/story |
radfringe |
Jan-17-08 04:41 AM |
#10 |
| -
Good one! |
ozymandius |
Jan-17-08 04:47 AM |
#12 |
| -
heh...a buddy of mine and I were talking of something similar to that last night. |
Roland99 |
Jan-17-08 07:06 AM |
#25 |
| -
Morning Marketeers...... |
AnneD |
Jan-17-08 09:46 AM |
#62 |
| -
Morning AnneD... |
Prag |
Jan-17-08 09:54 AM |
#68 |
| -
pool guess- end of summer- beg. August |
kineneb |
Jan-17-08 10:34 AM |
#78 |
| -
Will do... |
AnneD |
Jan-17-08 12:07 PM |
#97 |
| -
08/08/08 sounds good |
kineneb |
Jan-17-08 12:42 PM |
#105 |
| -
The 63 anniversary of the Soviet invasion of Manchuria. |
happyslug |
Jan-17-08 07:32 PM |
#190 |
| -
Oooooo, I wanna play! |
abelenkpe |
Jan-17-08 10:54 AM |
#84 |
| -
Sure...anyone can play... |
AnneD |
Jan-17-08 12:02 PM |
#95 |
| -
OK, let's say 8/2/2008 :o) nt |
abelenkpe |
Jan-17-08 12:40 PM |
#104 |
| -
Please put me down for 5/3. |
MilesColtrane |
Jan-17-08 11:08 AM |
#90 |
| -
Done.... |
AnneD |
Jan-17-08 12:05 PM |
#96 |
| -
Right. I'll specify more precisely my guess, thinking exactly like MilesColtrane: |
Ghost Dog |
Jan-17-08 02:21 PM |
#129 |
| -
That's 4/28 Ok, AnneD? |
Ghost Dog |
Jan-17-08 06:49 PM |
#189 |
| -
All hell will break loose |
spotbird |
Jan-17-08 12:16 PM |
#99 |
| -
My guess is that it'll hit that before the equinox |
Warpy |
Jan-17-08 12:59 PM |
#108 |
| -
From.... |
AnneD |
Jan-17-08 03:20 PM |
#165 |
| -
Okay! You Win! |
Demeter |
Jan-17-08 03:12 PM |
#163 |
| -
A cyber beer .... |
AnneD |
Jan-17-08 03:18 PM |
#164 |
| -
oops, bad link |
DemReadingDU |
Jan-17-08 07:30 AM |
#28 |
| -
Now it's over here! |
Prag |
Jan-17-08 08:33 AM |
#42 |
| -
one of my pet peeves |
cosmicdot |
Jan-17-08 02:55 PM |
#150 |
| -
....kind of like making a post only to discover the thread has been moved |
0007 |
Jan-17-08 06:20 PM |
#186 |
| -
Somber Fed says economy has lost punch |
ozymandius |
Jan-17-08 04:31 AM |
#6 |
| -
IMF warns subprime crisis losses 'may be higher' |
Ghost Dog |
Jan-17-08 06:03 AM |
#19 |
| -
That would be from the "no shit, sherlock" file, right? |
bain_sidhe |
Jan-17-08 12:49 PM |
#107 |
| -
Bernanke seems open to stimulus package |
ozymandius |
Jan-17-08 04:37 AM |
#8 |
| -
Bernanke faces grilling on fiscal stimulus stance |
ozymandius |
Jan-17-08 04:40 AM |
#9 |
| -
Bernanke better have a wide stance - we need more than a tinkle...;) |
radfringe |
Jan-17-08 05:26 AM |
#14 |
| -
I wonder if Chopper Ben is as gamy as those CEOs they were serving earlier? |
Prag |
Jan-17-08 08:38 AM |
#44 |
| -
cf. Two Views in the White House on an Economic Fix |
Ghost Dog |
Jan-17-08 06:23 AM |
#22 |
| -
yeah, right talk to one of the clowns who made the mess |
Warpy |
Jan-17-08 01:04 PM |
#110 |
| -
Consumers strained by price surge last year |
ozymandius |
Jan-17-08 04:44 AM |
#11 |
| -
There is a good article over |
burf |
Jan-17-08 08:32 AM |
#40 |
| -
Time to leave for the day. |
ozymandius |
Jan-17-08 04:49 AM |
#13 |
| -
Fine early start for you this morning Ozy. |
Ghost Dog |
Jan-17-08 06:07 AM |
#20 |
| -
Asian Stocks Gain, Led by Samsung, Mitsui Fudosan; China Drops |
Ghost Dog |
Jan-17-08 05:44 AM |
#15 |
| -
But note, it was like this at midday in Tokyo: |
Ghost Dog |
Jan-17-08 05:46 AM |
#16 |
| -
Alstom leads European gains |
Ghost Dog |
Jan-17-08 05:47 AM |
#17 |
| -
Eurozone to grow close to potential rate in 2008: ECB chief Trichet |
Ghost Dog |
Jan-17-08 05:49 AM |
#18 |
| -
Some FT reports/speculation on French, Spanish, Italian economies: |
Ghost Dog |
Jan-17-08 06:17 AM |
#21 |
| -
European stocks slide as banks weigh |
Ghost Dog |
Jan-17-08 02:59 PM |
#154 |
| -
FTSE slides after sentiment turns sour |
Ghost Dog |
Jan-17-08 03:03 PM |
#158 |
| -
Futures lose luster on Merrill $9.8B quarterly loss |
Roland99 |
Jan-17-08 06:56 AM |
#23 |
| -
Merrill Lynch posts steep 4Q loss and writes down $14.6B - Merrill had negative revenue of $8.19 bil |
UpInArms |
Jan-17-08 07:11 AM |
#26 |
| -
If I'm understanding what a writedown is, doesn't that mean |
olafvikingr |
Jan-17-08 07:39 AM |
#31 |
| -
So, if 'they' lost $24.6 billion, where did it go? |
DemReadingDU |
Jan-17-08 07:55 AM |
#34 |
| -
here's a place to look |
UpInArms |
Jan-17-08 08:19 AM |
#35 |
| -
I like the financial Haiku there... |
TalkingDog |
Jan-17-08 08:34 AM |
#43 |
| -
Ah. Nice catch on Chopper Ben. |
Roland99 |
Jan-17-08 08:45 AM |
#45 |
| -
in the dollar watch post today - they are now talking a 3/4 point rate cut |
UpInArms |
Jan-17-08 08:49 AM |
#46 |
| -
Hyper-Stagflation? |
Roland99 |
Jan-17-08 09:12 AM |
#51 |
| -
It will be ... |
AnneD |
Jan-17-08 09:53 AM |
#66 |
| -
I wonder if I've still got my old Whip Inflation Now button in a box somewhere. |
MilesColtrane |
Jan-17-08 11:00 AM |
#86 |
| -
Not only is is historical... |
AnneD |
Jan-17-08 12:21 PM |
#101 |
| -
dollar watch |
UpInArms |
Jan-17-08 07:05 AM |
#24 |
| -
Americans pay for housing boom's excess |
UpInArms |
Jan-17-08 07:15 AM |
#27 |
| -
No more easy credit? Whatever shall we do? |
trogdor |
Jan-17-08 07:48 AM |
#33 |
| -
Defining days, my friends. These are defining days. |
ozymandius |
Jan-17-08 04:15 PM |
#180 |
| -
Commentary: Like baseball, banks juiced, goosed and are paying for it now |
UpInArms |
Jan-17-08 07:31 AM |
#29 |
| -
Banks juiced and goosed.... |
AnneD |
Jan-17-08 09:11 AM |
#50 |
| -
Futures shoot well to the plus side on much lower initial jobless claims |
Roland99 |
Jan-17-08 08:27 AM |
#38 |
| -
Well, that and the economic feel-good package... |
Prag |
Jan-17-08 08:30 AM |
#39 |
| -
9:32 EST Partying likes it's 1991! |
UpInArms |
Jan-17-08 08:33 AM |
#41 |
| -
10:03 EST Who turned off the music? |
UpInArms |
Jan-17-08 09:05 AM |
#48 |
| -
... |
Prag |
Jan-17-08 09:09 AM |
#49 |
| -
Dow industrials shed 84 points to 12,384 as Bernanke talks |
UpInArms |
Jan-17-08 09:23 AM |
#56 |
| -
PSA: Passengers are reminded to keep their arms and legs inside the hand-basket at all times... |
Prag |
Jan-17-08 09:31 AM |
#58 |
| -
Ha! Good one! Ranks up there with my favorite advice |
bain_sidhe |
Jan-17-08 01:04 PM |
#109 |
| -
Aw, thanks! |
Prag |
Jan-17-08 01:13 PM |
#112 |
| -
~10:15 ET: Somewhere in the distance a dog barks... |
Prag |
Jan-17-08 09:20 AM |
#54 |
| -
~09:45 ET: Hover... Hover... |
Prag |
Jan-17-08 09:00 AM |
#47 |
| -
12:35 ET: Hoover....Hoover... |
Zorra |
Jan-17-08 11:39 AM |
#93 |
| -
10:20 EST the bottom just dropped out |
UpInArms |
Jan-17-08 09:21 AM |
#55 |
| -
~10:30 ET: Yup, it's stimulated all right... |
Prag |
Jan-17-08 09:40 AM |
#60 |
| -
Yikes! |
DemReadingDU |
Jan-17-08 09:49 AM |
#65 |
| -
But why aren't the markets happy? |
fasttense |
Jan-17-08 09:53 AM |
#67 |
| -
Might have something to do with this one cheek sneak... |
Prag |
Jan-17-08 09:58 AM |
#69 |
| -
Ouch. The forecast drop was -1.5. n/t |
Lone_Star_Dem |
Jan-17-08 02:23 PM |
#130 |
| -
That's just about exactly when Bernanke's prepared comments were released. |
Zenlitened |
Jan-17-08 09:47 AM |
#63 |
| -
Is Bernanke under oath? |
Zenlitened |
Jan-17-08 09:42 AM |
#61 |
| -
Well, even if he isn't he's always under the other oath... |
Prag |
Jan-17-08 09:47 AM |
#64 |
| -
Not that one... |
AnneD |
Jan-17-08 10:04 AM |
#70 |
| -
Well, he can't just denounce Greenscum's intentions |
UpInArms |
Jan-17-08 10:06 AM |
#71 |
| -
Is Piehole Effect Syndrome contagious? |
hatrack |
Jan-17-08 10:43 AM |
#80 |
| -
Chopper Ben: Open mouth - stupid falls out - Fed must maintain credibility on prices |
UpInArms |
Jan-17-08 10:50 AM |
#82 |
| -
Moody's may still downgrade $185 billion in CDOs |
UpInArms |
Jan-17-08 10:09 AM |
#72 |
| -
Bernanke: U.S. subprime losses at $100 billion so far |
UpInArms |
Jan-17-08 10:09 AM |
#73 |
| -
I'm guessing that 100 billion is on the low side of things when all is said and done. |
Nickster |
Jan-17-08 10:16 AM |
#74 |
| -
Wait! Wait! Isn't 20% of a Trillion (with a 'T') Dollars = $200 Billion (with a 'B')? |
Prag |
Jan-17-08 10:20 AM |
#75 |
| -
He's using Karl Rove's Real Math. |
Roland99 |
Jan-17-08 10:23 AM |
#76 |
| -
Eh, it's only a difference of ONE.HUNDRED.BILLION.DOLLARS... |
Prag |
Jan-17-08 10:27 AM |
#77 |
| -
Bernanke-US subprime losses won't top $500 billion (gee - that's only half a trillion dollars!) |
UpInArms |
Jan-17-08 10:48 AM |
#81 |
| -
Something tells me he's going to settle on a number which is oddly enough equal to the SS escrow... |
Prag |
Jan-17-08 10:58 AM |
#85 |
| -
Fhee-ew! |
MilesColtrane |
Jan-17-08 11:18 AM |
#91 |
| -
"I'm not saying we wouldn't get our hair mussed...." |
htuttle |
Jan-17-08 12:19 PM |
#100 |
| -
... |
Prag |
Jan-17-08 12:28 PM |
#102 |
| -
There is absolutely no logic in these statements. No wonder the Shrub selected him. n/t |
Ghost Dog |
Jan-17-08 03:46 PM |
#175 |
| -
11:50 EST red numbers - inane blather |
UpInArms |
Jan-17-08 10:51 AM |
#83 |
| -
12:06pm - Whoa! Dropping like a Repub for a lobbyist's donation. |
Roland99 |
Jan-17-08 11:07 AM |
#88 |
| -
WOW.... |
AnneD |
Jan-17-08 12:33 PM |
#103 |
| -
How Do I Get It To You, Anne? |
Demeter |
Jan-17-08 03:20 PM |
#166 |
| -
A cyber beer.... |
AnneD |
Jan-17-08 03:29 PM |
#171 |
| -
Cramer spilling some beans? |
jdog |
Jan-17-08 11:08 AM |
#89 |
| -
Good. |
Prag |
Jan-17-08 11:18 AM |
#92 |
| -
Well that was very entertaining. "Financial Fiction" is right. |
Ghost Dog |
Jan-17-08 04:48 PM |
#182 |
| -
How low can it go? |
TOJ |
Jan-17-08 11:47 AM |
#94 |
| -
It's down 13.1% from its record high in Oct 2007 |
Roland99 |
Jan-17-08 12:13 PM |
#98 |
| -
14% in 3 friggin months? |
TOJ |
Jan-17-08 04:51 PM |
#183 |
| -
~13:35 ET: The Markets claw their way back up the slide... |
Prag |
Jan-17-08 12:43 PM |
#106 |
| -
Bernanke-gasoline price hikes a drag on US economy |
UpInArms |
Jan-17-08 01:11 PM |
#111 |
| -
Oddly Enough, Gas Prices Dropped a Dime Between 2 and 4 PM Today |
Demeter |
Jan-17-08 03:22 PM |
#167 |
| -
~14:00 ET: "You'll put your eye out, kid." |
Prag |
Jan-17-08 01:17 PM |
#113 |
| -
14:18: -200+ |
Roland99 |
Jan-17-08 01:19 PM |
#114 |
| -
2:30 Numbers? I think the word I'm looking for is.... |
TalkingDog |
Jan-17-08 01:31 PM |
#115 |
| -
2:33 and really fugly with blather |
UpInArms |
Jan-17-08 01:34 PM |
#116 |
| -
2:44pm - Even fuglier than that! |
Roland99 |
Jan-17-08 01:45 PM |
#118 |
| -
BTW, S&P now below the levels when Frat Boy took office in Jan. 2001!! |
Roland99 |
Jan-17-08 01:48 PM |
#120 |
| -
"Where is the support now?" |
AnneD |
Jan-17-08 01:48 PM |
#121 |
| -
... |
Roland99 |
Jan-17-08 01:49 PM |
#122 |
| -
the good thing about all this |
feminazi |
Jan-17-08 02:33 PM |
#135 |
| -
Reminds me of an old Russian (maybe Yiddish) joke..... |
AnneD |
Jan-17-08 03:03 PM |
#157 |
| -
ha!! good one, anne. |
feminazi |
Jan-17-08 03:11 PM |
#162 |
| -
S&P support numbers |
UpInArms |
Jan-17-08 02:04 PM |
#127 |
| -
S&P is below ALL of those. |
Roland99 |
Jan-17-08 02:58 PM |
#153 |
| -
You can still get in .... |
AnneD |
Jan-17-08 01:46 PM |
#119 |
| -
yeah.... |
abelenkpe |
Jan-17-08 01:52 PM |
#123 |
| -
Bloodbath. |
RUMMYisFROSTED |
Jan-17-08 01:41 PM |
#117 |
| -
~15:00 ET: Support arrives... |
Prag |
Jan-17-08 01:54 PM |
#124 |
| -
Roland99's.... |
AnneD |
Jan-17-08 01:56 PM |
#125 |
| -
... |
Prag |
Jan-17-08 01:59 PM |
#126 |
| -
3:07 EST supports gone |
UpInArms |
Jan-17-08 02:10 PM |
#128 |
| -
3:30pm - Jocular strap and over-the-shoulder boulder holder are shredded debris now. |
Roland99 |
Jan-17-08 02:30 PM |
#131 |
| -
3:31 - down more than 300 now |
UpInArms |
Jan-17-08 02:33 PM |
#136 |
| -
3:29 EST down 260+ now |
UpInArms |
Jan-17-08 02:31 PM |
#132 |
| -
3:30 today's tune - free falling - down 293 and under 12,200 |
UpInArms |
Jan-17-08 02:32 PM |
#133 |
| -
3:32pm - -300!!!! |
Roland99 |
Jan-17-08 02:32 PM |
#134 |
| -
3:36 and someone threw in a table leg |
UpInArms |
Jan-17-08 02:37 PM |
#137 |
| -
ARGH! My Dad got back into GE with his pension stocks. I told him wait for spring. |
Roland99 |
Jan-17-08 02:37 PM |
#138 |
| -
Demeter.... |
AnneD |
Jan-17-08 02:37 PM |
# |
| -
I'm feelin'... mighty looowww... |
Roland99 |
Jan-17-08 02:38 PM |
#140 |
| -
Here You Go, Anne! |
Demeter |
Jan-17-08 03:27 PM |
#169 |
| -
That's what Hubby likes about me.... |
AnneD |
Jan-17-08 03:32 PM |
#172 |
| -
People are going to be jumping out of |
spotbird |
Jan-17-08 02:37 PM |
#139 |
| -
As Long as It's The Right People, I Can Live With That |
Demeter |
Jan-17-08 03:28 PM |
#170 |
| -
3:49pm - PPT rally fails to hold |
Roland99 |
Jan-17-08 02:47 PM |
#141 |
| -
Novartis 4Q Net Profit Falls 45 Percent |
MATTMAN |
Jan-17-08 02:48 PM |
#142 |
| -
TD Ameritrade 1Q Profit Up 65 Percent |
MATTMAN |
Jan-17-08 02:50 PM |
#143 |
| -
Did the fed already throw money into the Market |
fascisthunter |
Jan-17-08 02:50 PM |
#144 |
| -
Suggest we change Bernanke's handle from Chopper Ben... |
MilesColtrane |
Jan-17-08 02:51 PM |
#145 |
| -
Is that my hero |
AnneD |
Jan-17-08 03:44 PM |
#174 |
| -
dunno - but we might be in the Bernanke Bear Market |
UpInArms |
Jan-17-08 05:20 PM |
#184 |
| -
GM Expects Further Cost Cuts |
MATTMAN |
Jan-17-08 02:52 PM |
#146 |
| -
Sector Snap: Semiconductors Down |
MATTMAN |
Jan-17-08 02:53 PM |
#147 |
| -
All the stocks I'm streaming are going up as I believe there's a lot of folks |
Dawggie |
Jan-17-08 02:54 PM |
#148 |
| -
Metals at a Glance |
MATTMAN |
Jan-17-08 02:55 PM |
#149 |
| -
Sector Roundup: Banks, Oil Services |
MATTMAN |
Jan-17-08 02:55 PM |
#151 |
| -
Sector Wrap: Homebuilders Mixed |
MATTMAN |
Jan-17-08 02:58 PM |
#152 |
| -
Home Construction Plunged Last Year |
MATTMAN |
Jan-17-08 03:00 PM |
#155 |
| -
Treasurys Rally on Philly Fed Figures |
MATTMAN |
Jan-17-08 03:03 PM |
#156 |
| -
~16:00 ET: Be sure to tune in tomorrow when we discuss "cross-your-heart" vs. underwire... |
Prag |
Jan-17-08 03:07 PM |
#159 |
| -
Closing numbers (minor adjustments) |
Roland99 |
Jan-17-08 03:10 PM |
#161 |
| -
That's |
AnneD |
Jan-17-08 03:23 PM |
#168 |
| -
here's some redundant cheerless blather to go with those numbers |
UpInArms |
Jan-17-08 03:42 PM |
#173 |
| -
This is the worst part of Big Shitpile. |
ozymandius |
Jan-17-08 03:59 PM |
#176 |
| -
Well, the Repukes got their Domino Theory after all, eh? |
Roland99 |
Jan-17-08 04:08 PM |
#178 |
| -
However: Credit Suisse to expand private bank worldwide |
Ghost Dog |
Jan-17-08 04:17 PM |
#181 |
| -
Yep. You pinpointed the moment the markets took a dive today |
Robbien |
Jan-17-08 09:56 PM |
#193 |
| -
Robbien.... |
AnneD |
Jan-18-08 07:50 AM |
#195 |
| -
Wow. It is happening (more on this on the morrow): |
Ghost Dog |
Jan-17-08 10:05 PM |
#194 |
| -
Lehman to Cut 1,300 Mortgage Jobs |
MATTMAN |
Jan-17-08 03:09 PM |
#160 |
| -
Lyrics by Van Morrison |
Ghost Dog |
Jan-17-08 04:09 PM |
#179 |
| -
Performance: |
Ghost Dog |
Jan-17-08 06:14 PM |
#185 |
| -
Japan Stocks Fall on U.S. Recession Concern, Merrill Lynch Loss |
Ghost Dog |
Jan-17-08 06:41 PM |
#187 |
| -
Bank of Japan Will Probably Keep Rate at 0.5% as Growth Slows |
Ghost Dog |
Jan-17-08 06:43 PM |
#188 |
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Japan Stocks Fall on U.S. Recession Concern, Merrill Lynch Loss |
Ghost Dog |
Jan-17-08 09:33 PM |
#191 |
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Asian stocks dive anew on U.S. recession fears |
Ghost Dog |
Jan-17-08 09:35 PM |
#192 |
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Tons of Steel |
natrat |
Jan-18-08 11:57 AM |
#196 |
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