![]() |
|
|
|
Bandwidth AbUser
Join Date: Nov 2001
Location: SoCal
Posts: 29,522
|
We'll give you the benefit of the doubt on that, tabby.
![]()
__________________
Jim R. |
||
![]() |
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
In actuality that statement is a compliment to me
__________________
Copyright "Some Observer" Last edited by tabs; 02-21-2009 at 01:48 PM.. |
||
![]() |
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
So you don't have a high regard for the people on this Board?
__________________
Copyright "Some Observer" |
||
![]() |
|
Bandwidth AbUser
Join Date: Nov 2001
Location: SoCal
Posts: 29,522
|
skinned your knees falling down the stairs?
__________________
Jim R. |
||
![]() |
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
__________________
Copyright "Some Observer" |
||
![]() |
|
Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,493
|
Tabby...FWIW, a big pool tournament coming up in your town in May...check yer local entertainment listings. If you want to bet on matches, find another local there...name of fatboy, real name Eric. Follow his betting lead, just don't bet as much...He's a very high roller in pool, but knows the game as well as anybody. Prolly better chance than the market right now...
![]()
__________________
"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) Last edited by pwd72s; 02-21-2009 at 02:54 PM.. |
||
![]() |
|
![]() |
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Walls with high towers deflecting everything...avoiding conflict, avoiding risk avoiding being wrong...but we venture out with snow tires on...no reason nor rational, ambigous menaings that tell nothing. so we are back to the high toweer of deflecting everything.
__________________
Copyright "Some Observer" Last edited by tabs; 02-21-2009 at 02:09 PM.. |
||
![]() |
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
If only I had skinned kness from falling down the stairs so many times.
__________________
Copyright "Some Observer" |
||
![]() |
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Some people say, "Well how can you be so authoratative?" I say, "Well I have seen it be wrong so many times that the only answer left is the right one." You see the word "left" is my out..and why because it denotes being a finite number of answers. When you get down to knowing that and the reason behind it come back and TALK to me...
__________________
Copyright "Some Observer" |
||
![]() |
|
Registered
|
Go Tabula!
|
||
![]() |
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Come on Jimmy I'm waitin for an answer???
Ohhh you got 3 choichs 1. Say well things maybe infinite how do ya know? Well my use of the word "denotes" = suggests which is a statement of saying that I really don't know if things are infinite or not. 2. You can start to talk..to which I say "Now was that so hard?" 3. Or you deflect with a"Snow Tires" type of answer, to which I say I wish I could play poker with you cause if I went all in you would fold your Royal...
__________________
Copyright "Some Observer" Last edited by tabs; 02-21-2009 at 03:07 PM.. |
||
![]() |
|
Registered
|
The sector that is pressing hardest on the market is financials. Other sectors are not making new lows.
Compare, for example XLF (Financials ETF) which is breaking down to new lows, versus RTH (retail), IGM (technology), OSX (energy), and other non-financials ETFs and indicies. Financials, read banks, are at new lows because market is unsure if there will be anything left for bank equity holders. Also companies like GE, which have large financial operations. The talk of nationalization doesn't help, but fundamentally the problem is that the banks haven't convinced investors that they are solvent.
__________________
1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211 What? Uh . . . “he” and “him”? |
||
![]() |
|
![]() |
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Ditto JYL
I don't know if I agree with your politics, but your asute when it comes to financial markets. You pay more attention to the day to day sector stuff then I do, so you can state more clearly what I basically know.
__________________
Copyright "Some Observer" |
||
![]() |
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
well its been emotional...
__________________
Copyright "Some Observer" |
||
![]() |
|
Registered
Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
|
Next stop, Dow 6000.
|
||
![]() |
|
Registered
Join Date: Feb 2004
Location: Granite Bay, CA
Posts: 767
|
Trendline earnings over the last ten years is about $51 on the S&P. At 12 x eps (typical trough p/e durring recessions) that puts the S&P at potentially at 612....20% lower from current 770.
__________________
99 supercharged Boxster 1977 911 race car - gts (sold) ![]() Spec 911 Racing Porsche Racing Club |
||
![]() |
|
Bandwidth AbUser
Join Date: Nov 2001
Location: SoCal
Posts: 29,522
|
My choich was to spend some time with my wife. IMO, that choich was clearly the best, even though it is fun pushing you down your own staircase.
![]()
__________________
Jim R. |
||
![]() |
|
Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
|
Jim, Oil is still pissed at Tab's MOTHER for standing him up and Gold can't wipe the smug look off his face. Will you please explain to Tabs the real reason the market is in the tank so he fully understands his responsibility in the matter? I mean, if he only had the sense to throw MOTHER down the stairs before she started a blood feud between two of the three most important desks in the cartel, the Dow would stilll be above 10,000.
__________________
MRM 1994 Carrera |
||
![]() |
|
Bandwidth AbUser
Join Date: Nov 2001
Location: SoCal
Posts: 29,522
|
I'm afraid young Theodore would get his ears boxed if he even thought about tossing MOTHER down the stairs. Better we send in the black helicopters.
__________________
Jim R. |
||
![]() |
|
A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
|
Ok so you choose choich No. 2...Well Now was that so hard...
__________________
Copyright "Some Observer" |
||
![]() |
|