Sirius Intra Day Thread:Monday 3-30-2009

[LittleTrader]

Beach,

Like cos said, nothing you really did, it was just funny that in all the mass chaos of the boards today that your account was mistakenly suspended.

I just thought it was funny, seeing as how this thread in particular has been so useful to me over the past 6 months for ALL of my trading. To be where we are now in regards to the overall intelligence value of each post is a bit humorous.

LT

p.s. I could not force my self to buy more today as I feel like we should see a drop to the .29-.31 range following the overall market sometime this week.

again, just a feeling.

[Beach Gambler]

Beach,

Like cos said, nothing you really did, it was just funny that in all the mass chaos of the boards today that your account was mistakenly suspended.

I just thought it was funny, seeing as how this thread in particular has been so useful to me over the past 6 months for ALL of my trading. To be where we are now in regards to the overall intelligence value of each post is a bit humorous.

LT

p.s. I could not force my self to buy more today as I feel like we should see a drop to the .29-.31 range following the overall market sometime this week.

again, just a feeling.

LT
Thank you for the input, I will try and stay more on the topic, and my problem is not my lack of intelligence, my problem is using intellect and wit to try and arouse the board. I do see your point and it is taken well. Thanks and have a great evening.
.65 by fathers day.

[exilejeff]

Big news:
There are also indications Obama would support a second incentive that would allow for taxes paid on a new car to be deducted from the buyer's income tax.
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i thought you can deduct sales tax of car / boat / etc......already

[exilejeff]

p.s. I could not force my self to buy more today as I feel like we should see a drop to the .29-.31 range following the overall market sometime this week.

again, just a feeling.

i hope your right! ill transfer money from savings lol

[Paratrooper_Rick]

Timing today wasn't good... we're seeing the last ditch efforts to hold it down at work. Overall markets SUCKED today... which was not helping counter the MM's. I'm seriously considering forcing myself not to open the chart again until end of the week - I have a feeling we'll be reliving last week..... ground hog day....... ground hog day...... ground hog day......

I am keeping my top end limit on the 15% at .52 in case any gaps up surprise us - maybe someone will come in big this week and surprise us - stranger things have happened.

Some good PR/News would be welcome ......

Unfortunately it almost seems to be Brandon's sensible articles as a counter to alot of BS....

[Beach Gambler]

http://www.twice.com/article/CA66477...dustryid=23097

Did anyone else see this.

Old news, but possitive

[choirgirl]

The programm is a great success in Germany. It was first limited to 600k cars, but they were sold after 7 weeks, now it is doubled. A buyer of a new car has to scrap his old one and gets 2500 Euro from the goverment. Opel (GM) sold 60% more cars in Feb. than in Jan. and had the best quarter in 10 years. Ford had similiar results. As a matter of fact, they want to copy the programm to computers and furniture.

Big news: a scrappage program is coming. Lost in all this bankruptcy talk is President Obama's endorsement today of a scrappage program aimed to boost auto sales, which will likely be funded from the stimulus program and made retroactive. These programs give consumers a rebate on the purchase of a new car when they trade in or "scrap" their old car. Would this make a difference in sales? In Germany, where a program is now in place, the program has experienced a 2.4 percent "take" rate, according to Barclays; they estimate a similar take rate among U.S. eligible buyers could boost U.S. sales by 3 million units.
That is significant, in a year where many are expecting total sales of below 10 million units.
There are also indications Obama would support a second incentive that would allow for taxes paid on a new car to be deducted from the buyer's income tax.


http://www.cnbc.com/id/29961363

[Brandon Matthews]

I guess I've been fired. Seeking Alpha didn't bother to pick up my last 2 articles. I wonder what thats about?

[Beach Gambler]

I guess I've been fired. Seeking Alpha didn't bother to pick up my last 2 articles. I wonder what thats about?

Can you copy and paste here to read?

[killerkaul]

Jeff................. yes 8 yrs. then a huge battery bank bill. How much will you pay for this used car ??? I addressed your next question. Read it again. Sorry guys, I just couldn't take it any more. I know from past experience, that you cannot get past emotion, lack of common sense and solid facts when talking politics. It's like sitting in a circle and playing the game where you whisper clearly an idea or word to your partner, and when it get's around back to you it's entirely different. Again, I say we deserve every bit of PAIN coming our way. That's it for me on this............ a complete waste of time. ....killer.