Comments on: Intraday Commentary ~ 07/01/2009

By: Anjali

Anjali — Thu, 02 Jul 2009 03:41:30 +0000

Thanks Uner !!

By: liberumarbitrium00

liberumarbitrium00 — Thu, 02 Jul 2009 01:07:43 +0000

Don’t forget the death of the concept of retirement. Pensions are a thing of the past and due to years of poor savings habits, those that would be of “retirement age” will not be able to afford to retire and thus drag out the social security charade a few years longer via their payroll tax contributions.

By: 3min

3min — Wed, 01 Jul 2009 22:36:58 +0000

That’s what my Father-in-law says. But seriously, you cannot put olives into a perfectly good Vodka Martini. That is just plain wrong. Drink Gin or leave the nice vodka alone. What are you?….in politics or something!

By: bull_market_over

bull_market_over — Wed, 01 Jul 2009 21:43:17 +0000

Enlightening Perspective

By: Unersaettlich

Unersaettlich — Wed, 01 Jul 2009 21:27:42 +0000

Q: How do Social Security and various other government machinations differ from Madoff’s Ponzi scheme?
A1: More people get screwed.
A2: Vastly greater sums are involved.
A3: The bagholders are little kids, some as yet unborn, even not yet conceived.
A4: Nobody confesses.
A5: Nobody apologizes.
A6: Nobody goes to jail except maybe victims who decline to participate.

By: kenjisan

kenjisan — Wed, 01 Jul 2009 21:25:41 +0000

Can Obama just let people get booted out of their homes they couldn’t afford. People ignored the risks and bought into a home hoping for a nice return, it’s tough, but boot them out. Then people will learn to be responsible and careful for their actions.

By: Unersaettlich

Unersaettlich — Wed, 01 Jul 2009 21:19:51 +0000

Here is a static image of woo’s chart.

http://i44.tinypic.com/23jg0ox.png

I emailed him ( . . . again . . . ) with instructions for making these.

By: woo

woo — Wed, 01 Jul 2009 21:00:39 +0000

quite possibly. i couldn’t upload for a bit, so i’ll try again later.

but if we dip south of where we are, it could be a bear scenario.

tomorrow will be crucial.

By: FLguy

FLguy — Wed, 01 Jul 2009 21:00:19 +0000

AH…our kids can pay for it just like we paid for our parents social security.
Happy BD to you and WOO.
How’s the new house?

By: FLguy

FLguy — Wed, 01 Jul 2009 20:59:15 +0000

I wait ’til 5 pm. Must be 5 o’clock somewhere