I think it's funny how some Political Parties, not saying who, would rather have their nominees tell lies like "we're not in a recession" just to keep wall street happy and then piss all over the others for telling it the way it is. Yes, the new Pres got dealt a shit sandwich and that's exactly what he's calling it. If the market can't take it, F' em, they'll get over it. We all will.
Chuckius.................... stay with the Dog........... he has never bitten the hands that feed him. NO FEAR. ......... killer and the Dog.
Based on the Businessweek article, the MLB app announcement and the car company problems, I figured there would be a big dip this AM.
I have been happy using Schwab to trade SIRI lately, but this morning when I placed my order at 6:31:41 for .3175 for 100k shares, it didn't get filled as I watched the SP fall to near .30. I called them, and they said they "reviewed my order" until 6:33:15 or 94 seconds and I missed the dip. My order was valid, but because of the 94 second review, I missed a significant trading opportunity. Any one else ever have this issue?
To answer the Ron Paul question. First nation that exhibits responsible currency policy will be the currency that will have the largest say in the new world order. It could have been the dollar. Recessions are fine, depression would have been fine too. Dont care. Good policies always work out in the end game. Bad policies never work, short or long term. Cutting government spending and cutting taxes eleviates stress on business's. Cut corporate taxes, they make more money, can raise wages, and higher new people. More people with more money to spend? How is that a bad policy? Im confused? All we have spent our money on so far in this crisis, is to give banks money for bad bets THEY MADE. If they never bet your deposit base(money market, etc...) on bad bets in the first place, we wouldnt be here. M3 got too big for m1 to control(how do you make it up? You MUST print money, or find anthoer world sucker to buy your debt(no takers).
I will stay with the dog for sure, hope he lives a long long life. I gave him a few treats this morning, hope you don't mind
Killer - sounds like fun - I'll check it out shortly. I need some stocks with good patterns to play around with. Hoping to have my TDA account FINALLY squared away by tues/wednesday so i can do some trading and make some cash while my longer positions mature. Looks like a good consolidation day - I'm going to try and actually get some work today...Originally Posted by killerkaul
Overall market indices really took a hit today...
.32 is an excellent buy in. I was almost going to put one in for .30 and then at .28(dreaming) but thought better of it...Let's ride up to .50
Looks like it was just broken. Re-test of day highs coming?
Rick did you get in on CTIC? I bought in on Friday at .38 when it came down from .93. Premarket was down to .22 today and the lid blew off a little bit ago. Did some news break on it or is it another pump and dump?
You're wrong on this one!! The government wants Chrysler to get BIGGER!! Yes, Einstine, I said bigger. The government wants Chrysler to get into a joint venture (and preferrabley Merge) with Fiat. What part of this is getting smaller. Downsizing is not the issue with Chrysler, capacity for Green cars IS the issue. Chrysler has too many large cars, Fiat has a a complete line of smalll cars. The Automotive task force is pushing for smaller cars, not fuel efficieny. Take time to look at Chrysler employment over the last 5 years. You will find that the Salary numbers is reduced by over 57%, and capacity has been reduced by 50% with a combination of shutting plants and reducing shifts. This reduction exceeds the current reduction of purchases. The revival of the Sales will be welcomed by Southern/Imported Auto dealers as their capacity has not yet been reduced. The revival would allow any Auto concern that has not yet reduced it capacity to flood the market with their product. Engineering & start-up tooling costs decrease over time and number of units. Tell the communities that have all these people laid off that it's the Automakers fault. The automakers can't sell cars if the credit markets are frozen. The markets froze, and so did the Auto financials ability to provide loans. I live in the Midwest and I work for an Domestic Auto company, that is my reason for my viewpoint.
Lloyd Handwerker, what is your line of employment, and what region do you live in. My opinions are due to Economics, why are yours???
