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  1. siriuslyxcited is offline
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    Joined: Mar 2009 Posts: 16
    03-26-2009, 02:14 PM #191
    Waiting for some kind of pop up or down still today....this has been a dull episode of "sirius days of our lives"....don't get me wrong...i'm happy with the price we're hovering around....but a little excitement would get me going either way....

  2. john is offline
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    Joined: May 2008 Posts: 2,836
    03-26-2009, 02:15 PM #192
    Quote Originally Posted by underway View Post
    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!

    Well back when Clinton was President 5% was considered full employment. It amazes me when during the Bush years we were at 4.5% everyone said that the economy stunk. Are you starting to see why you cant trust the MSM, it was because they have been saying the economy was terrible for the last 7 years. There is only so much doom and gloom reports people can hear before they start to believe them. I have gone over this to many times.



    P.S. since the last jobs report the unemployment rate went from 7.8% to 8.1%
    Last edited by john; 03-26-2009 at 02:17 PM.

  3. Brandon Matthews is offline
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    Joined: Aug 2008 Location: Northeast Posts: 721
    03-26-2009, 02:15 PM #193
    If anyone was following my chart, we never reached the apex. Instead, we broke the downtrend line but just outright stalled...didn't go up, didn't go down...nothing....its flatlining at 37.

    Following the uptrend line and 37 resistance, our new zero barrier becomes 2:45 -3:00 pm...it will either break below the uptrend line or break through .37 by that time.

  4. mogami is offline
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    Joined: Mar 2009 Posts: 422
    03-26-2009, 02:16 PM #194
    Quote Originally Posted by RU Sirius View Post
    Rest of the market is running well today. Volume has stalled. Is this thing going to pop Brandon?
    Well you mean "that part of market not owned by Mogami"

  5. exilejeff is offline
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    Joined: Mar 2009 Posts: 134
    03-26-2009, 02:18 PM #195
    Quote Originally Posted by Brandon Matthews View Post
    So exilejeff...did you go to Tulane?
    not sure what the reference is ......its a medical school in NO? and or law school? affected by hurrican katrina.....thats about all i know

    i actually went to high school in Washington state then went on full ride baseball scholarship to 2 different schools, one in southern WA and then to South Carolina (because they had the best offer).....since, i have worked for wells fargo financial, their subprime division, sold auto loans to people with lower credit at up to 20% and real estate loans upto 15% (helocs), now i work for merrill lynch in the retirements department, helping elderly people understand their tax reporting statements lol

    looking to make the move back to the financial industry within the year, and have also thought about going back to get my masters in finance....haven't decided

  6. choirgirl is offline
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    Joined: Mar 2009 Location: Texas Posts: 143
    03-26-2009, 02:19 PM #196
    Maybe I was in a coma, but 5 % was about before the recession started and now we are officially at 8,3% and even the optimists expect a higher rate.
    I guess we will see 10% before it gets better, my fear is that all this stimulus etc. isn't going to work and if you take a closer look to Europe and Japan you might agree there is some risk that Obama will fail. I do not want to sound overly pessimistic, but I am not convinced we are out of the woods yet.

    Quote Originally Posted by Newman View Post
    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...

  7. Beach Gambler is offline
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    Joined: Mar 2009 Location: On a cushy beach chair! Posts: 383
    03-26-2009, 02:20 PM #197

    Wink

    Quote Originally Posted by Brandon Matthews View Post
    If anyone was following my chart, we never reached the apex. Instead, we broke the downtrend line but just outright stalled...didn't go up, didn't go down...nothing....its flatlining at 37.

    Following the uptrend line and 37 resistance, our new zero barrier becomes 2:45 -3:00 pm...it will either break below the uptrend line or break through .37 by that time.
    Dude, your like a prophet or something.......

  8. JohnnyIrishXM is offline
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    Joined: Feb 2009 Location: Valley Forge ,PA Posts: 1,583
    03-26-2009, 02:21 PM #198
    There are alot of people or whoever trying to buy in at the .33 to .36 range the last 3 days who can't..Here's hoping they panic by today or friday and bid higher...JMHO

  9. exilejeff is offline
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    Joined: Mar 2009 Posts: 134
    03-26-2009, 02:22 PM #199
    Quote Originally Posted by mogami View Post
    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
    the ANY KEY button
    the Benjamin Button button
    ..........
    lol

  10. mogami is offline
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    Joined: Mar 2009 Posts: 422
    03-26-2009, 02:23 PM #200
    well since we are over the previous close and below the open we can stay flat and stay in pattern.

    Speaking of flat
    I once told my ex-wife "You know you don't have any breasts"
    and she told me "Get off my back"

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