Dow up nicely at the open; gold down 3% (ouch!)

[patientlywaiting]

breeze, i think that you’re slamming the wrong person. If I recall, FLU is long the market (except for a few shorts).

I personally, I’m staying on the sidelines for a while longer.

[Coronita]

breeze, i think that you're slamming the wrong person. If I recall, FLU is long the market (except for a few shorts).

 

Did I ever say that I'm consistently right? I'm pretty wrong a lot of times. For example, I'm dead wrong about BAC and C, though yesterday's action helped "dollar cost average" my losses on those fronts. I don't subscribe to the notion of a dow 10,000 or a dow 15,000 these days. It ain't moving anywhere but up and down these days.

But one thing is for sure..Dollar has tanked (and no I have no currency trading skills, though I wish i did). 1 penny isn't even worth 1 yen these days. It's just pathetic.

 

On a side note, having inflated currencies might do americans a good thing. it will make us have to sharpen are math skills. Gone are the days that you simply round up or down to the nearest dollar. We're getting to a point that cents don't matter, and that it takes several dollars to represent buying/selling real things.

I have a theory. Perhaps the reason why folks of certain countries are good at math has to do with the currency denomination. Take for example Japan. You have to regularly deal with 6-7 digit numbers. I'm sure folks from Argentina would do pretty well at arithmetic too.  Pretty soon, even us too will have better math skills.

 $125 for a burger, $1255 for a tank of gas, $127,000 or a entry level used car, $20,000,000 for a 1 bedroom place,etc,etc.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

breeze, i think that you're slamming the wrong person. If I recall, FLU is long the market (except for a few shorts).

 

Did I ever say that I'm consistently right? I'm pretty wrong a lot of times. For example, I'm dead wrong about BAC and C, though yesterday's action helped "dollar cost average" my losses on those fronts. I don't subscribe to the notion of a dow 10,000 or a dow 15,000 these days. It ain't moving anywhere but up and down these days.

But one thing is for sure..Dollar has tanked (and no I have no currency trading skills, though I wish i did). 1 penny isn't even worth 1 yen these days. It's just pathetic.

 

On a side note, having inflated currencies might do americans a good thing. it will make us have to sharpen are math skills. Gone are the days that you simply round up or down to the nearest dollar. We're getting to a point that cents don't matter, and that it takes several dollars to represent buying/selling real things.

I have a theory. Perhaps the reason why folks of certain countries are good at math has to do with the currency denomination. Take for example Japan. You have to regularly deal with 6-7 digit numbers. I'm sure folks from Argentina would do pretty well at arithmetic too.  Pretty soon, even us too will have better math skills.

 $125 for a burger, $1255 for a tank of gas, $127,000 or a entry level used car, $20,000,000 for a 1 bedroom place,etc,etc.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

breeze, i think that you're slamming the wrong person. If I recall, FLU is long the market (except for a few shorts).

 

Did I ever say that I'm consistently right? I'm pretty wrong a lot of times. For example, I'm dead wrong about BAC and C, though yesterday's action helped "dollar cost average" my losses on those fronts. I don't subscribe to the notion of a dow 10,000 or a dow 15,000 these days. It ain't moving anywhere but up and down these days.

But one thing is for sure..Dollar has tanked (and no I have no currency trading skills, though I wish i did). 1 penny isn't even worth 1 yen these days. It's just pathetic.

 

On a side note, having inflated currencies might do americans a good thing. it will make us have to sharpen are math skills. Gone are the days that you simply round up or down to the nearest dollar. We're getting to a point that cents don't matter, and that it takes several dollars to represent buying/selling real things.

I have a theory. Perhaps the reason why folks of certain countries are good at math has to do with the currency denomination. Take for example Japan. You have to regularly deal with 6-7 digit numbers. I'm sure folks from Argentina would do pretty well at arithmetic too.  Pretty soon, even us too will have better math skills.

 $125 for a burger, $1255 for a tank of gas, $127,000 or a entry level used car, $20,000,000 for a 1 bedroom place,etc,etc.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

breeze, i think that you're slamming the wrong person. If I recall, FLU is long the market (except for a few shorts).

 

Did I ever say that I'm consistently right? I'm pretty wrong a lot of times. For example, I'm dead wrong about BAC and C, though yesterday's action helped "dollar cost average" my losses on those fronts. I don't subscribe to the notion of a dow 10,000 or a dow 15,000 these days. It ain't moving anywhere but up and down these days.

But one thing is for sure..Dollar has tanked (and no I have no currency trading skills, though I wish i did). 1 penny isn't even worth 1 yen these days. It's just pathetic.

 

On a side note, having inflated currencies might do americans a good thing. it will make us have to sharpen are math skills. Gone are the days that you simply round up or down to the nearest dollar. We're getting to a point that cents don't matter, and that it takes several dollars to represent buying/selling real things.

I have a theory. Perhaps the reason why folks of certain countries are good at math has to do with the currency denomination. Take for example Japan. You have to regularly deal with 6-7 digit numbers. I'm sure folks from Argentina would do pretty well at arithmetic too.  Pretty soon, even us too will have better math skills.

 $125 for a burger, $1255 for a tank of gas, $127,000 or a entry level used car, $20,000,000 for a 1 bedroom place,etc,etc.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[Coronita]

breeze, i think that you're slamming the wrong person. If I recall, FLU is long the market (except for a few shorts).

 

Did I ever say that I'm consistently right? I'm pretty wrong a lot of times. For example, I'm dead wrong about BAC and C, though yesterday's action helped "dollar cost average" my losses on those fronts. I don't subscribe to the notion of a dow 10,000 or a dow 15,000 these days. It ain't moving anywhere but up and down these days.

But one thing is for sure..Dollar has tanked (and no I have no currency trading skills, though I wish i did). 1 penny isn't even worth 1 yen these days. It's just pathetic.

 

On a side note, having inflated currencies might do americans a good thing. it will make us have to sharpen are math skills. Gone are the days that you simply round up or down to the nearest dollar. We're getting to a point that cents don't matter, and that it takes several dollars to represent buying/selling real things.

I have a theory. Perhaps the reason why folks of certain countries are good at math has to do with the currency denomination. Take for example Japan. You have to regularly deal with 6-7 digit numbers. I'm sure folks from Argentina would do pretty well at arithmetic too.  Pretty soon, even us too will have better math skills.

 $125 for a burger, $1255 for a tank of gas, $127,000 or a entry level used car, $20,000,000 for a 1 bedroom place,etc,etc.

 

 

[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

—– Sour grapes for everyone!

[drunkle]

breeze:

bagged a fistful of c march $20 puts for .13, running .35 now and heading higher…

bouncing the bottom is fun! we’ll see if the fun lasts through tomorrow though…

[drunkle]

breeze:

bagged a fistful of c march $20 puts for .13, running .35 now and heading higher…

bouncing the bottom is fun! we’ll see if the fun lasts through tomorrow though…

[drunkle]

breeze:

bagged a fistful of c march $20 puts for .13, running .35 now and heading higher…

bouncing the bottom is fun! we’ll see if the fun lasts through tomorrow though…

[drunkle]

breeze:

bagged a fistful of c march $20 puts for .13, running .35 now and heading higher…

bouncing the bottom is fun! we’ll see if the fun lasts through tomorrow though…

[drunkle]

breeze:

bagged a fistful of c march $20 puts for .13, running .35 now and heading higher…

bouncing the bottom is fun! we’ll see if the fun lasts through tomorrow though…

[hipmatt]

I agree, this is a buying opportunity for gold. There has been so much money printing, not just from the us. I’m no pro investor, but I’m bullish on gold, even after a bad day like today and maybe tomorrow.

Do you really think this is the last rate cut, or that this is the last bailout, or that the banks or brokers won’t flirt with disaster again?

[hipmatt]

I agree, this is a buying opportunity for gold. There has been so much money printing, not just from the us. I’m no pro investor, but I’m bullish on gold, even after a bad day like today and maybe tomorrow.

Do you really think this is the last rate cut, or that this is the last bailout, or that the banks or brokers won’t flirt with disaster again?

[hipmatt]

I agree, this is a buying opportunity for gold. There has been so much money printing, not just from the us. I’m no pro investor, but I’m bullish on gold, even after a bad day like today and maybe tomorrow.

Do you really think this is the last rate cut, or that this is the last bailout, or that the banks or brokers won’t flirt with disaster again?

[hipmatt]

I agree, this is a buying opportunity for gold. There has been so much money printing, not just from the us. I’m no pro investor, but I’m bullish on gold, even after a bad day like today and maybe tomorrow.

Do you really think this is the last rate cut, or that this is the last bailout, or that the banks or brokers won’t flirt with disaster again?

[Author]

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