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Cannon Shell 08-10-2009 10:01 AM

Quote:

Originally Posted by dalakhani
"Deficits don't matter"

Who made this famous quote?

Knocking Bush and Cheney over the Obama deficit is like comparing DUI and murder. I mean really get a grip. Your guy sucks. deal with it. We do.

dalakhani 08-10-2009 10:27 AM

Quote:

Originally Posted by Cannon Shell
Knocking Bush and Cheney over the Obama deficit is like comparing DUI and murder. I mean really get a grip. Your guy sucks. deal with it. We do.

Not as bad as your guy...the laughingstock of the world.:)

Smooth Operator 08-10-2009 11:02 AM

Hell, God probably laughs at Bush.

Riot 08-10-2009 11:57 AM

Quote:

Originally Posted by Smooth Operator
Hell, God probably laughs at Bush.

God probably can't wait to have that talk with him about how often, and why, Bush invoked God as his wingman.

Antitrust32 08-10-2009 12:32 PM

Quote:

Originally Posted by Riot
God probably can't wait to have that talk with him about how often, and why, Bush invoked God as his wingman.


God probably wants to know why you call yourself a Republican :zz: .. when you actually make Dem's look conservative compared to you...

Riot 08-10-2009 02:33 PM

Quote:

Originally Posted by Antitrust32
God probably wants to know why you call yourself a Republican :zz: .. when you actually make Dem's look conservative compared to you...

I doubt God cares as much as you seem to.

Bush Jr. handed the party over to the theocratic religious nutjob portion of the party. It's in my best capitalistic, individualistic, small-business-owning Republican self-interest to help make them go away, forever, and get the GOP back.

Antitrust32 08-10-2009 02:55 PM

Quote:

Originally Posted by Riot
I doubt God cares as much as you seem to.

Bush Jr. handed the party over to the theocratic religious nutjob portion of the party. It's in my best capitalistic, individualistic, small-business-owning Republican self-interest to help make them go away, forever, and get the GOP back.

wow! :zz:

I'm retiring from the politics section. This is my last post.

I reserve the right to un-retire at any time.

GBBob 08-10-2009 03:03 PM

Quote:

Originally Posted by Antitrust32
wow! :zz:

I'm retiring from the politics section. This is my last post.

I reserve the right to un-retire at any time.

I do that a lot too

Smooth Operator 08-21-2009 03:24 PM

Broad index closes at 1026



Highest level so far this year




Runnin' with the bulls :cool:

Smooth Operator 08-21-2009 03:28 PM

Can you believe that clueless nitwit Hannity bailed at Dow 8200? LMAO

Cannon Shell 08-21-2009 05:47 PM

Quote:

Originally Posted by Smooth Operator
Can you believe that clueless nitwit Hannity bailed at Dow 8200? LMAO

Keep crowing.

http://whitehouse.blogs.foxnews.com/...om-7-trillion/

dalakhani 08-21-2009 06:35 PM

Quote:

Originally Posted by Smooth Operator
Can you believe that clueless nitwit Hannity bailed at Dow 8200? LMAO

His highest level of education is high school...what do you expect? It is actually quite fitting that he is champion of the neo cons.

What does that say about Fox news and the people who read/watch it?:p

Smooth Operator 08-21-2009 10:38 PM

Quote:

Originally Posted by Cannon Shell
Keep crowing.

Okay


SC - 31
OSU - 17



:cool:

JJP 08-22-2009 07:48 AM

We are headed for a major correction; possibly another crash. True, the market was extremely oversold in early March. The most oversold relative to the 200 DMA and 50 DMA that I have ever seen. But we've rallied 50% since then. So what has happened?

Analysts had cut their estimates too much. Companies cut costs significantly and most were able to beat earnings. But they were basically jumping over a bar one inch off the ground. Cost cutting will work for a quarter, maybe even two but that's it. At some point, revenues have to grow. Revenue numbers have been poor for most of these so-called earnings beats.

Unemployment is near 10%, based on government numbers but those numbers don't count people who no longer can file claims. The realistic number is closer to 17%. The consumer is also getting older, and getting past their biggest spending days. This obviously will hurt corporate growth in years to come. Look at what happened to Japan in the 90s. Hopefully that won't be us.

Many people also forget that after 1929, there were some huge market rallies in the 1930s, but they all ended up giving back their gains. The market must be traded......buy and hold is dead forever.

Rupert Pupkin 08-23-2009 04:16 AM

Quote:

Originally Posted by JJP
We are headed for a major correction; possibly another crash. True, the market was extremely oversold in early March. The most oversold relative to the 200 DMA and 50 DMA that I have ever seen. But we've rallied 50% since then. So what has happened?

Analysts had cut their estimates too much. Companies cut costs significantly and most were able to beat earnings. But they were basically jumping over a bar one inch off the ground. Cost cutting will work for a quarter, maybe even two but that's it. At some point, revenues have to grow. Revenue numbers have been poor for most of these so-called earnings beats.

Unemployment is near 10%, based on government numbers but those numbers don't count people who no longer can file claims. The realistic number is closer to 17%. The consumer is also getting older, and getting past their biggest spending days. This obviously will hurt corporate growth in years to come. Look at what happened to Japan in the 90s. Hopefully that won't be us.

Many people also forget that after 1929, there were some huge market rallies in the 1930s, but they all ended up giving back their gains. The market must be traded......buy and hold is dead forever.

I agree with everything you said. This rally may last another few weeks but after that I think we are in big trouble. Next month I'm going to start buying puts. The one good thing is that it's practically as easy to make money on the way down as it is on the way up.

Smooth Operator 08-24-2009 05:40 PM

Be interesting to see what you boys will be saying when that broad index is trading 100 or 150 points higher next year...

Smooth Operator 08-25-2009 09:24 AM

Good call regarding Bernanke, BO...

Cannon Shell 08-25-2009 10:48 AM

Quote:

Originally Posted by Smooth Operator
Good call regarding Bernanke, BO...

Yeah that Obama can make those tough calls....

Crown@club 08-25-2009 11:34 AM

Barnike? Barnike? He still owes me money!

timmgirvan 08-25-2009 06:55 PM

Quote:

Originally Posted by Smooth Operator
Can you believe that clueless nitwit Hannity bailed at Dow 8200? LMAO

I'm sure you have the inside track on what Hannity does or doesn't do! You are such a wannabe:D

dellinger63 08-25-2009 07:20 PM

Quote:

Originally Posted by Smooth Operator
Can you believe that clueless nitwit Hannity bailed at Dow 8200? LMAO

Yea poor guy hopefully he can survive being a year into a 5 year $100 million contract. For Riot that's and average of $20 million a year or $54,800 per DAY. Now he's LHAO.

http://www.huffingtonpost.com/2008/0..._n_114026.html

dalakhani 08-25-2009 07:52 PM

Quote:

Originally Posted by dellinger63
Yea poor guy hopefully he can survive being a year into a 5 year $100 million contract. For Riot that's and average of $20 million a year or $54,800 per DAY. Now he's LHAO.

http://www.huffingtonpost.com/2008/0..._n_114026.html

Do you actually watch his show?

dellinger63 08-25-2009 07:54 PM

Quote:

Originally Posted by dalakhani
Do you actually watch his show?

Actually no. Right now I have the little league game on

dellinger63 08-25-2009 07:56 PM

Quote:

Originally Posted by dellinger63
Actually no. Right now I have the little league game on

and glad I am what a great game.

dalakhani 08-25-2009 08:23 PM

Quote:

Originally Posted by dellinger63
and glad I am what a great game.

im watching the bears. Cutler looks great.

Smooth Operator 08-26-2009 09:54 AM

Quote:

Originally Posted by timmgirvan
I'm sure you have the inside track on what Hannity does or doesn't do! You are such a wannabe:D

Heard the little girl mention it several times on his radio program, timm



By the way, don't worry about me ... we're doin' just fine with the finances.

And, unlike gabby Hannity, I had the fortitude and perseverance to earn an engineering degree from a GREAT western institution of higher learning. :cool:

Smooth Operator 08-26-2009 09:58 AM

Quote:

Originally Posted by dellinger63
Yea poor guy hopefully he can survive being a year into a 5 year $100 million contract. For Riot that's and average of $20 million a year or $54,800 per DAY. Now he's LHAO.

http://www.huffingtonpost.com/2008/0..._n_114026.html

Oh, I know about high-pitch's contract, dellinger


God bless him ... where else can a guy make millions for sitting around chatting with overfed housewives from Tuscaloosa? lol

Smooth Operator 08-26-2009 10:01 AM

Quote:

Originally Posted by Cannon Shell
Yeah that Obama can make those tough calls....

Yeah, that one was a no-brainer, Cannon


Like picking SC over OSU :cool:

Cannon Shell 08-26-2009 10:50 AM

Quote:

Originally Posted by Smooth Operator
Yeah, that one was a no-brainer, Cannon


Like picking SC over OSU :cool:

Nice QB you got. What happened? Pete's money isnt good anymore?

Smooth Operator 08-26-2009 12:19 PM

Haven't been losing any sleep, Cannon


Have confidence in both kids



Pete will make the right call in the coming days...

GPK 08-27-2009 09:39 PM

Was just browsing through marketwatch.com checking quotes. Anyone been watching AIG? Closed at $48 and change after hours. 52 week low back in early March was around $6.60 and was around $12 or so at the start of this month.

Me thinks Smooth Operator probably bagged a few thousand shares back in June...

Cannon Shell 08-27-2009 09:47 PM

Quote:

Originally Posted by GPK
Was just browsing through marketwatch.com checking quotes. Anyone been watching AIG? Closed at $48 and change after hours. 52 week low back in early March was around $6.60 and was around $12 or so at the start of this month.

Me thinks Smooth Operator probably bagged a few thousand shares back in June...

I'm sure we would have gotten his weekly updates if he had.

Smooth Operator 08-28-2009 08:33 AM

Sorry to disappoint, GPK


I'll have to be content with the tens of thousands of dollars that I've made in my little ole S&P 500 index fund year-to-date. :cool:

Cannon Shell 08-28-2009 08:39 AM

Quote:

Originally Posted by Smooth Operator
Sorry to disappoint, GPK


I'll have to be content with the tens of thousands of dollars that I've made in my little ole S&P 500 index fund year-to-date. :cool:

Sell now, take your profits and donate to the Pete Carroll fund.

JJP 08-29-2009 09:29 AM

Quote:

Originally Posted by GPK
Was just browsing through marketwatch.com checking quotes. Anyone been watching AIG? Closed at $48 and change after hours. 52 week low back in early March was around $6.60 and was around $12 or so at the start of this month.

Me thinks Smooth Operator probably bagged a few thousand shares back in June...

All due to a short squeeze. It may not be done moving up. But at some point, it will be the easiest short in the world. It won't be all rosy times ahead for them.

dalakhani 08-29-2009 10:53 AM

Quote:

Originally Posted by JJP
All due to a short squeeze. It may not be done moving up. But at some point, it will be the easiest short in the world. It won't be all rosy times ahead for them.

You aren't going to go up from 6.60 to 48 a share on a short squeeze. Are you joking?

EDIT

Sorry JJP. I didnt realize they reverse split 1:20.

ArlJim78 08-29-2009 11:14 AM

Quote:

Originally Posted by Smooth Operator
Sorry to disappoint, GPK


I'll have to be content with the tens of thousands of dollars that I've made in my little ole S&P 500 index fund year-to-date. :cool:

13.9% YTD, everyone in equity funds has achieved the same thing.

Smooth Operator 08-30-2009 02:56 PM

Not if you had the balls to buy a boatload of shares in early March when people were in a full-blown panic, Jim.



+47% on those shares





No fear :cool:

Smooth Operator 09-15-2009 03:16 PM

Well, the Fed chair seems to think that the Great Bush-Cheney-Cox-Paulson-GOP Recession is history.

Of course, he didn't have to remind Wall Street of this as that market has been on a tear since March.


At any rate, happy to report that the portfolio is now up over 22% year-to-date

Slightly increased my position in a low-cost international index fund about a month ago. Thing has been performing even better than my domestic funds ... and we all know how they've been doing lately. :cool:

Smooth Operator 09-16-2009 01:40 PM

Get that rally cap on, Cannon :D :$:


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