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Registered
Join Date: May 2017
Posts: 15,530
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Quote:
I don’t follow is as closely any more. At 65 I am mostly on the sideline. |
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Registered
Join Date: Dec 2001
Location: Cambridge, MA
Posts: 44,258
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When I was a programmer many years ago at a little boutique firm in NYC, on the very cusp of computer trading, the NYSE wanted us to write their system. Owner of the company was this very nice, brilliant, but mousy nerd. Something spooked him during one meeting (I was not there) and he declined the job. He was visibly flustered that day. Always wanted to know what happened.
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Tru6 Restoration & Design |
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Join Date: Apr 2002
Posts: 30,390
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![]() I just happened to glance at the yields on Fidelity....if true...today would have been epic. I still wonder about China manipulating the US Treas. market....'cause they could....imo. |
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Brew Master
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I really only follow it to try and see potential trouble on the horizon for my sales. I have to keep an eye on everything that might affect my sales. Personally I invest my money where I know I'll get a good return, in inventory for me to sell. I put some away in IRA's but have been working towards self funding my inventory and hope to get there in the next few years. I get to that point, and I have life by the ass.
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Nick |
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Registered
Join Date: May 2017
Posts: 15,530
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155,000 jobs. A little on the low side.
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Too big to fail
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Well...this is the way Equities woulda bin if the FED didn't step in, in September of 2012...
So you have enjoyed a nice 6 year ride... This will equate to Main Street before very long.
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Copyright "Some Observer" |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Quote:
Some think that they have already tried...the FED used proxy buyers to buy up what they were dumping to keep interest rates stable.
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Copyright "Some Observer" |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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It maybe necessary for the FED to make a statement that they will do what it takes to insure the economy does not fall off a cliff. Put rate hikes on hold or even lower rates again if necessary.
This instability in Equities is a reflection of the chaos in the economy and political realm. Nobody can afford this...and the danger is that it will all get out of hand...and if it does whoops there goes your nice day. Even if on the sidelines you are being effected and it is only a big dummy who thinks that they may not be....
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Copyright "Some Observer" |
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Join Date: Apr 2002
Posts: 30,390
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Quote:
![]() Interesting....the last part. I assumed they might.... |
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Too big to fail
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Look like we have another "surge" today.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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Brew Master
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According to an article I just read, the DOW is up 300 at the open on "hopes" of a deal between the US and China.. Not sure exactly what is bolstering their hopes.
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Nick |
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Join Date: Apr 2002
Posts: 30,390
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^^^ The release of the exec in Canada.
I've been shoveling freakin' big azz boulders of frozen crap....so I still ain't none too happy with 'em though ![]() |
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Brew Master
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Quote:
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Nick |
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I was happy about that Surge..but that surge turned out to be a DOWN 0.94. Today another surge...we are due for a rally..probably because of oversold conditions..might push back to the 2800 level? It would have to break the high of the last rally to be meaningful. otherwise...
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Join Date: Apr 2002
Posts: 30,390
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Quote:
![]() ![]() I don't even have a snow shovel.... We are southerners....and don't know doodly-squat about snow...but my street would be fine by now if some azzhole hadn't plowed it and made a huge mess. That's how we roll here....wait 'til the sun melts it.....I credit Al Gore ![]() |
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Brew Master
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DOW down 200 on global concerns
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Nick |
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Join Date: Apr 2002
Posts: 30,390
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Well I was just going to comment that you Boyz 401k results are going to be in shreads come the end of the qtr. That ought to get yer attention. Nothing like feeling a little pain to sharpen your wits up from complacency. But ya already beat me to the sentiment.
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Registered
Join Date: May 2017
Posts: 15,530
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Mine is doing fine. I have a low exposure to equities since I am retired.
I balance my holdings every quarter so I have been taking profits during the run up. Trying to time the market is most difficult. |
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