Stock mkt

or Register to post new content in the forum

57 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Nov 17, 2009 9:08 am

Nov 17, 2009 9:11 am

GREAT NEWS FOR THE MKT TO CONTINUE IT"S UPWARD CLIMB



Mortgage loan delinquency (the ratio of borrowers 60 or more days past due) increased for the 11th straight quarter, hitting an all-time national average high of 6.25 percent for the third quarter of 2009, according to credit rating firm TransUnion. At the current rate, delinquencies would hit a one-year high this year.



Nov 17, 2009 11:34 am


Nov 17, 2009 11:52 am

Buffett purchased preferred shares in US Airways (LCC: 3.33 -0.05 -1.48%) in the early 1990’s, and later remarked that this was one of his biggest mistakes. Now before getting to far into this it is worthwhile to comment that Buffett did in fact end up making a profit on his holdings of US Airways but Buffett certainly cannot claim credit for this. In his own words:



“Two changes at the company coincided with its remarkable rebound: 1) Charlie and I left the board of directors and 2) Stephen Wolf became CEO. Fortunately for our egos, the second event was the key…” Warren Buffett, Bershire Hathaway Letter 1997.



A few years after purchasing Buffett had pretty much written off the investment and had tried to sell out of the stock numerous times at a substantial discount. The investment had essentially become out of control and Buffett wanted out.

Nov 17, 2009 12:01 pm

Congratulation ..Way to go everyone 2nd place. Keep up the good work.

Maybe you can be # 1 next year



Nov 17, 2009 12:03 pm
THE BUBBLE GROWS:

Congratulation ..Way to go everyone 2nd place. Keep up the good work.

Maybe you can be # 1 next year





How do you figure number 2?  Looks like number 1 to me.

Do you know how to read a chart?

Nov 17, 2009 12:07 pm

Good point Moraen. I stand corrected. In that case WAY TO GO TEAM. I'm very proud of all of you. Keep up the good work. That's what makes America great

Nov 17, 2009 12:39 pm

Mel

here is one FACT.



You started your bear rant at spx 1040ish.



You have been WRONG.





Nov 17, 2009 12:41 pm

Again with the Mel talk. Who is this Mel guy you keep talking about?

Nov 17, 2009 3:33 pm

here is an experiment for everyone. get a few pieces of bubble yum

and blow a bubble. do you notice the bigger the bubble gets , the bigger the mess is when it pops

Nov 17, 2009 3:38 pm

I understand the fraud within the financial services sector, but what was the fraud in the retail, wholesale, and distribution sector?  Did Sam's sell a bunch of folks tap water again? 

 
Oh yeah, who's your source on that piece? 
Nov 17, 2009 8:50 pm
THE BUBBLE GROWS:

Congratulation ..Way to go everyone 2nd place. Keep up the good work.
Maybe you can be # 1 next year

I'm a little confused.  Title says, "Average amount lost to fraud in previous 3 years."  Chart shows two years.  Since these are yearly numbers, what's being averaged?  Is the financial services column per company, per state, per sector (banking, investment, insurance, etc), per person, per transaction, what?  This is meaningless.


Did you screw up your spreadsheet, mel?
Nov 17, 2009 8:57 pm

You know, it kind of looks like the sector allocation recommendations at Jones.

Nov 17, 2009 9:37 pm
RicRelo:
THE BUBBLE GROWS:

Congratulation ..Way to go everyone 2nd place. Keep up the good work. Maybe you can be # 1 next year

I'm a little confused. Title says, "Average amount lost to fraud in previous 3 years." Chart shows two years. Since these are yearly numbers, what's being averaged? Is the financial services column per company, per state, per sector (banking, investment, insurance, etc), per person, per transaction, what? This is meaningless.





Did you screw up your spreadsheet, mel?







the basic idea here is that you are a crook. That's basically the definition of a retail broker. and why are you calling me Mel ?

Nov 17, 2009 10:08 pm

You do know that this is a chart about the financial services companies BEING defrauded, right? And only 12% of that loss (according to Kroll risk management here is the link http://www.directorship.com/kroll-global/) is compliance related/regulatory breach.

Nov 17, 2009 10:19 pm
Moraen:

You do know that this is a chart about the financial services companies BEING defrauded, right? And only 12% of that loss (according to Kroll risk management here is the link http://www.directorship.com/kroll-global/) is compliance related/regulatory breach.







yeh, but I like to put a spin on it ...just like CNBC puts a spin on how all of the negative news out there is actually good for the mkt.

Nov 17, 2009 10:29 pm
THE BUBBLE GROWS:
RicRelo:
THE BUBBLE GROWS:

Congratulation ..Way to go everyone 2nd place. Keep up the good work. Maybe you can be # 1 next year

I'm a little confused.  Title says, "Average amount lost to fraud in previous 3 years."  Chart shows two years.  Since these are yearly numbers, what's being averaged?  Is the financial services column per company, per state, per sector (banking, investment, insurance, etc), per person, per transaction, what?  This is meaningless.





Did you screw up your spreadsheet, mel?




the basic idea here is that you are a crook. That's basically the definition of a retail broker. and why are you calling me Mel ?

So you're using industry statistics to show individuals are crooks?  Ok, I'll let you equate individuals with their respective industry.
 
Back to my questions...what is it that your cute chart with pretty colors tells me?
 
Nov 17, 2009 10:32 pm

I will equate Ricello to his Family. He gives AWESOME head!!!!!!!

Nov 17, 2009 10:34 pm

Are you a financial Advisor ?

Yes-- then you basically provide very little service to people and charge them an outrageous fee for something that they could do just as well ( or better ) on their own for 1/2 the cost. Maybe crook is too strong of a word...how about worthless instead

Nov 17, 2009 10:35 pm

This is obviously a made up chart.  Uses the 10 core S&P sectors and list two years of results in a chart claiming to be for 3 years.  Not even a good attempt.