Posted:
#76
guys,
New to the stock market game so bear with me ( no pun intended)...
Thoughts on TSO and DOG?
own TSO right now.. pondering a position in DOG
August Stock Talk I
!!!!!
Posted:
#78
WSC:
If Cramer and a few others I have seen lately keep declaring a "bottom" has been reached, well, I am with the following man, and SKF will reflect his thinking not Cramer's...so like I say, may all the bottom finders keep emerging and alerting everyone to the return of the good old days!
There is more pain ahead, Roubini says. Much more. He thinks the credit crunch is still in its early stages... that hundreds more banks could fail... that we could have another 18 months of “severe” recession to go... and that hundreds of millions in outstanding home equity loans could still be a “zero.”
If Cramer and a few others I have seen lately keep declaring a "bottom" has been reached, well, I am with the following man, and SKF will reflect his thinking not Cramer's...so like I say, may all the bottom finders keep emerging and alerting everyone to the return of the good old days!
There is more pain ahead, Roubini says. Much more. He thinks the credit crunch is still in its early stages... that hundreds more banks could fail... that we could have another 18 months of “severe” recession to go... and that hundreds of millions in outstanding home equity loans could still be a “zero.”
In fact, Roubini thinks the U.S. taxpayer could be on the hook for a whopping $2 trillion when all is said and done.
Posted:
#79
Shorts aren't being forced to cover today, and the dumb money that bought Tuesday is facing reality that the economic woes of the present can't be made to disappear cause of Shcolar Ben's printing press elves.
The tax liability coming is going to thrash the consumer into oblivion, right along with the unwinnable situation in the mid-east.
The US Government......................
Posted:
#80
Wait 'til oil resumes its climb, and the prices of commodities are rammed down the consumer's throats at the check-out line.
The little inflation flurry we got this year isn't even close to what the real storm is going to bring.
How many more bailout packages can Paulson and Bernanke engineer?
What a farking joke.
Posted:
#81
CC,
I read an MSN article today saying consumer product companies have been shrinking product size rather than increase prices. Its kind of sneaky and probably even worse since the correlation between the size drop is more than the price increase.
Banks and financials retracing again, since noon this trading action is very bearish..volume seems to be picking up.
I read an MSN article today saying consumer product companies have been shrinking product size rather than increase prices. Its kind of sneaky and probably even worse since the correlation between the size drop is more than the price increase.
Banks and financials retracing again, since noon this trading action is very bearish..volume seems to be picking up.
Posted:
#82
Yeah, they have shrunk size in cps.
The shrinking food size has been an ongoing pehnomena. Ever opened a can of tuna recently?
Hate to say it, but the commodity costs haven't been really passed to the consumer, yet.
The long term ramifications (MASSIVE tax liability) of all the bailout packages with no end in sight to the oil mess, mid east tensions, etc...make the future pretty damn bleak. Scholar Ben is just buying time with his manic handling of his printing press. Then what?
I'll tell you................
Would've been more prudent and less painful for the future to let the financial institutions that gambled so stupidly fall on their faces and fail. Now I have to pick up the tab for a bunch of little wall street rich kids, not to mention the idiots who got too extended by buying farking overpriced McMansions, who foolishly ran amok and got several undeserved bailed out packages.
Makes me sick.
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