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Originally posted by Rockpuck
Funny article:
money.cnn.com...
NEW YORK (CNNMoney.com) -- The market keeps chugging along. But with speculative stocks like AIG and Vonage leading the way, you have to wonder if the rally won't soon go off the rails like Ozzy Osbourne's Crazy Train. Ay-Ay-Ay!
AIG (AIG, Fortune 500) is up more than 260% this month for no apparent good reason. Shares of Internet phone company Vonage (VG) had quadrupled this week before pulling back Friday. Apparently, Google's renewed interest in online voice chatting was viewed as a potential boost for Vonage -- even though the opposite is probably true since Google (GOOG, Fortune 500) tends to squash competition like grapes.
Some investing pros worry that day traders have taken control of the market thanks to light volume in the waning days of summer.
Originally posted by stander
reply to post by GreenBicMan
I bet you that Goldman is going to dock from the northwest -- if he is in charge right now -- so he would breach the green min. session-end point.
The unemployment rate in the city of Detroit rose to 28.9% during July, the highest rate since modern record-keeping began in 1970.
The rate rose from a revised rate of 28.3% in June. Unlike statewide rates, the rates reported for the city are not seasonably adjusted.
Rates tend to rise in July because auto manufacturers lay workers off during the annual model-changeover period. And, of course, Michigan has been suffering the nation’s highest jobless rate for most of the past two-and-a-half-years. The state’s rate was 15% in July.
Originally posted by RetinoidReceptor
Originally posted by Vitchilo
Nice. China ``recovery`` is doing well? Doesn't matter that their electrical usage is down down down...the real proof of their non-recovery.
Few fixes for Florida's insolvent unemployment benefits fund
That is ironic that you mentioned that because I met Alex Sink, the CFO of Florida recently at a dinner that FPL was throwing and my firm was there. She was very nice, but she must be very stressed out. And not only because Tallahassee sucks!
On the other note, can you give me a link for the Chinese electrical usage down headline of yours? Thanks.
On the other note, can you give me a link for the Chinese electrical usage down headline of yours? Thanks.
In China, where power use is seen as a more reliable barometer of economic activity than official economic measures, consumption will be more than 2 per cent lower than 2008.
Sunday, 16 Aug 2009
Xinhua quoted China's National Energy Administration said China power consumption in July rose 6%YoY to 342 billion kilowatt hours over the same month of last year.
NEA said the figure was 10.9% more than that of June. However, the total power consumption in January to July declined by 0.89%YoY to reach 1.99 trillion KWH.
According to the report during January to July, power consumption of agriculture went up by 5.05% to 53.4 billion KWH and that of service trade was up by 10.37% to 215.8 billion KWH. But the use of industry decreased 4.26% to 1.47 trillion KWH.
The National Bureau of Statistics said power generation, another important measure of industrial activities expanded 4.8% in July from a year earlier. This is the second consecutive month electricity generation in China has grown after eight consecutive months of decline from last October.
Originally posted by GreenBicMan
reply to post by stander
ok cool
i have seen some charts u have posted with slopes and a calc. - what did u use for that?
Bradford Bank Baltimore MD 28312 August 28, 2009
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $97 million.
Mainstreet Bank Forest Lake MN 1909 August 28, 2009
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $95 million.
Originally posted by GreenBicMan
I need your help for a second, should be easy for you.
I am guessing you are familiar with math and such very well dealing with angles.
I am attempting to program a new "super" program, one that is so accurate I will not be stopped (hopefully haha lol!!)
But seriously, I need help with the
1. COSH Function in Excel
- Basically I have no idea what anything means when it comes to this and if you could outline or send me excel data with an example of a formula etc.. and what it all actually means - Remember, I am really not that bright, I am just good at pattern recognition really IMO and that is all.. takes me forever to really understand stuff like this
2. INVERSE FISHER TRANSFORMATION
- What is this exactly? Would it be useful as a trend predictor? Same as above, have no idea what its about, like 0 knowledge
3. CORRELATION COFFICIENT (excel code "CORREL")
- If I am understanding this properly, it gives me a relationship between two properties.. ok, but what does this really mean lol?
- In the Excel example it says:
- CORREL ([3,2,4,5,6] , [9,7,12,15,17])
- And in the example the answer to this is .997054
- What does this mean, and what is it exactly analyzing?