SIRI Intraday Thread: Thursday, March 26th

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03-26-2009, 02:03 PM
relmor2003

Quote:

Originally Posted by Newman

choirgirl: 10 or 12% unemployment? You must think the worst is yet to come... we are barely at around 5% now. You expect to double that rate (and then some) over the next few months?

Turn off the news. It will be ok. Think happy thoughts...

5%? What figures are you looking at. Last I saw it was over 7. Not tryign to argue with you here, just wondering where you get that figure? I think unemployment tops at around 10%-12%. Difference with be made up in government jobs, and stimulus spending to make it look better than it is. I.E. Roosevelt.
03-26-2009, 02:04 PM
JohnnyIrishXM

Quote:

Originally Posted by john

You are correct, Newman is correct. The investors holding the paper at the end of the day wins. That is why there was a easy way to take care of this whole mess without having massive bailouts. Just change the mark to market rules that were put into place after and because of ENRON. Then put the up tic rule back in. and a few other things and there would have been no need for the bailouts on the scale that they were.

P.S. because the government is the one holding much of this paper through owning much of the companies that now hold them is the only way we may not have the inflation that is coming. The problem is there is a cost to it NOW (because of the way the government did it using loans first instead of changing the rules back first), we become more like France.

John(parles vous francais) 1 time i wish i wasn't correct,but an old saying is dance with the girl you brought to the dance.and the Greed of keeping up with the Jones's mentality of America is finally coming due to pay the piper!!!
03-26-2009, 02:05 PM
Beach Gambler

there went a 400 share signal
03-26-2009, 02:06 PM
Beach Gambler

now a 100 one
03-26-2009, 02:06 PM
underway

Quote:

Originally Posted by Newman

choirgirl: 10 or 12% unemployment? You must think the worst is yet to come... we are barely at around 5% now. You expect to double that rate (and then some) over the next few months?

Turn off the news. It will be ok. Think happy thoughts...

I think unemployment is around 8% which really sucks, since 4% is considered as 'full employment'. I don't think we'll hit 10 though. I do believe economy is bottoming out now and will start to recover over the late spring/summer. The question in my mind though, is how long will it take to 'start recovering' enough to get us to the next boom cycle. That's the sweet spot for owning a ton of shares in anything emerging. I've bet on SIRI for that one. We'll see!
03-26-2009, 02:07 PM
bananaz

Quote:

Originally Posted by Newman

choirgirl: 10 or 12% unemployment? You must think the worst is yet to come... we are barely at around 5% now. You expect to double that rate (and then some) over the next few months?

Turn off the news. It will be ok. Think happy thoughts...

It was 8.1 in Feb. http://www.bls.gov/cps/
03-26-2009, 02:08 PM
Brandon Matthews

C'mon...push the damn button!:annoyed:
03-26-2009, 02:09 PM
RU Sirius

What gives?

Rest of the market is running well today. Volume has stalled. Is this thing going to pop Brandon?
03-26-2009, 02:11 PM
Beach Gambler

Quote:

Originally Posted by RU Sirius

Rest of the market is running well today. Volume has stalled. Is this thing going to pop Brandon?

If it does not "pop" Brandon it is going to "pop" me...... lol
03-26-2009, 02:11 PM
mogami

Quote:

Originally Posted by Brandon Matthews

C'mon...push the damn button!:annoyed:

The PANIC button?
The Easy button?
The "What does this button do?" button
The "Under no circumstance press this button" Button
The EJECT button?
The "Alfred E. Neuman for President" button?
The "Button Button who's got the button?" Button

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