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Originally posted by Rockpuck
reply to post by GreenBicMan
Hey man seriously, stop calling specific stocks.. you are not a licensed adviser for such advise, and I am afraid you may be unknowing that without being licensed you cannot solicit assistance of any kind regarding your "calls". Such as "u2u me for this info" such and such. Once again, I remind you kindly, that this is is Market In General.. we do not advocate professional advice on any level, especially from unlicensed individuals like your self.
So please, stay away from personal investments, personal opinions regarding specific stocks and your personal opinions as to when one should buy or sell those stocks. Believe me, it is for your own good, as well as respecting the T&C of this board.
This is NOT a ticker board.
Originally posted by GreenBicMan
OK I have uploaded about 12 JPEGS that I took at 5am this morning for about a half hour..
I thought today was our big rally by the following way I trade.
I think its Monday now, with a sideways today ala wednesday leading into a Thursday (Hopefully our monday) getting to 7500.
I was so serious I tried to get my boss to advance me 5200 this morning (100 a week for 1 year) he declined big time, although he is a CFP so maybe he cant do this.. not sure of the rules here...
So ok..
I only trade on technical analysis... but only my style.. i dont care about momentum.. 200 day mvg avg.. etc.. RCI.. just dont care.. you can say whatever you would like to about that...
Now, I mean now you guys can copy exactly how I do things and do this for yourself.. It might seem simple and any idiot can draw a line but everyone knows there is more into it than that if you have ever tried to daytrade..
So my gem to do this to is SKF (triple financial shorts) god I love the action in this thing, and I would say within the day in 1-3 minute increments I could make legitly an avg of 2-5 dollars a share shorting it 5x a day so 25 dollars shorting profit per day..
My problem is I have no capital of course.. I was in a golf school in orlando, got hurt, got my life health var. annuity license just to do something.. been studying for series 7 for one month cause obviously this is what I should have done from the beginning.
Now you might also be saying (ok hes not a pro, hes a moron) well I guess I would say the same thing, but for some reason I have a pretty good knack for this and I want to help you make money, of course I am going to have to prove myself, and I want to also state that I would feel god awful if someone lost money on one of my trades so let me put that disclaimer in there as well..
Originally posted by redhatty
Wonder if we will see a reaction in the market to this news
World Bank cuts China 2009 GDP forecast to 6.5 percent
[edit on 3/17/09 by redhatty]
Originally posted by GreenBicMan
Originally posted by marg6043
Firs of all I will like to remind people that this thread is for the enjoyment of all members and non members that wants to keep track of the markets, find information, learn about the economy, its reason for volatility, the many other reasons that is affecting the nation and not exclusively the markets alone.
Nobody should influence with opinion others into buying selling or investing in anything at all that will go against TOs of the site.
If any member decide to do that it should done by privately means with the other party involved but not while posting in the board.
While I have enjoyed the Threads opinions, facts, fables and historical views on economic issues I hope it doesn't have to close because somebody may feel that it could use it to lure others into investments ventures.
Just a friendly advise.
[edit on 14-3-2009 by marg6043]
Thats great advice.
I told this to the moderators in private conversation. There should be a disclaimer on the thread somehow IMO
Originally posted by stander
Originally posted by redhatty
Wonder if we will see a reaction in the market to this news
World Bank cuts China 2009 GDP forecast to 6.5 percent
[edit on 3/17/09 by redhatty]
No. You don't supply news as a variable to the trading algorithm, and computer-aided trading accounts for most of the market fluctuations these days. Unless there is a heavy news out that takes the action off the "autopilot," the mouse-clicking traders don't care.
Originally posted by pause4thought
As a result of the obvious need for up-to-the minute market data within the GM forum I wish to start an 'official thread' with this as the sole focus.
Anyone with significant news regarding data from the world's financial markets is encouraged to post here. This will enable all posters to readily access the information that makes for well-informed discussion.
While raw data is always very welcome, graphs and charts would also make great additions.
[edit on 17/10/08 by pause4thought]
Originally posted by xoxo stacie
reply to post by redhatty
hello blessed friends and a special thanks to red for reminding me of the ignore button that I have now used tytytytytytytytytytyu now I can hang and not get out of sorts teeheee
Looks to be trending lower on the early reports all around. Wonder if perhaps there will be some major selling on the up turn today? What do you guys think?
Originally posted by GreenBicMan
Originally posted by xoxo stacie
reply to post by redhatty
Looks to be trending lower on the early reports all around. Wonder if perhaps there will be some major selling on the up turn today? What do you guys think?
Originally posted by xoxo stacie
double post??? sowwy
[edit on 18-3-2009 by xoxo stacie]
Originally posted by xoxo stacie
reply to post by whoshotJR
I have learned so much more than I could have just from the books I got on it from a college near me. One thing I have noticed the books for economist's put very little emphasis on human nature or various environmental forms among different classes.
Strictly by the book with the only thing that counts being the companies thoughts etc. No room for the real world it would seem. Perhaps this is why so many of them are having problems with in the current climate we are experiencing. Not positive at this point but seems that it may be a great factor in their inability to straighten things out.
Fed Officials May Clash Over How to Inject Credit Into Shrinking Economy
www.bloomberg.com...
March 18 (Bloomberg) -- Federal Reserve policy makers will likely determine today that the U.S. recession is still deepening, while clashing on what to do about it.
Officials will debate how to provide further stimulus to the economy, from purchasing more mortgage bonds to buying Treasury securities. They’ll also keep the benchmark interest rate as low as zero percent, according to all 71 forecasters in a Bloomberg News survey.
At least three of the 17 top Fed officials want to buy Treasuries or target the supply of money, while Chairman Ben S. Bernanke has favored reviving specific credit markets. Central banks worldwide are grappling with how to set policy when rates are near zero; the Bank of England started buying government debt this month, and the Bank of Japan said today it would increase its purchases of sovereign bonds.
“There are big philosophical differences” among Fed policy makers, said Ethan Harris, co-head of economic research at Barclays Capital Inc. “Bernanke is on the very activist side, believing in active, aggressive policies. There are others who think policies should be much more limited, with minimal disruption in the operations of the free market.”
A couple headlines to mull over...
GE Capital Loss Lurking in Moscow Car Loans Coupled With U.S. Credit Cards
www.bloomberg.com...
March 18 (Bloomberg) -- General Electric Co.’s future may depend on folks like Yelena Zoshchenko.
GE Capital, the financial services unit of the world’s biggest maker of jet engines and power turbines, gave the Moscow real estate agent a car loan at a 15 percent interest rate in June 2007. Then the Russian currency collapsed.
“The banks here used to literally grab you by your lapels and ask you to borrow,” said Zoshchenko, 58. “But not since the crisis started.”
Sixteen months into a global recession triggered by a jump in defaults by U.S. home-loan borrowers, some investors doubt GE has a handle on GE Capital’s far-flung operations. Those include the world’s largest store-name credit card business and lending in Russia, where late mortgage payments to the company rose 28 percent in the fourth quarter. GE’s stock slumped 61 percent since Sept. 15.
GE Capital, the world’s largest non-bank finance company with consolidated assets of $637 billion, accounted for $8.6 billion, or 48 percent, of the Fairfield, Connecticut-based parent’s $18.1 billion profit from continuing operations last year. Chief Executive Officer Jeffrey Immelt has said he wants the division to contribute about 30 percent of annual profit.
Keith Sherin, GE’s chief financial officer, predicted in December that GE Capital would earn $5 billion this year, even after absorbing $10 billion of consumer-related losses, a view not shared by credit rating companies and analysts.
‘Too Optimistic’
“We’re not expecting any real earnings or cash flow from GE Capital this year or next year,” Robert Schulz, an analyst at Standard & Poor’s Rating Service, told Bloomberg Television on March 11. That day, S&P cut the parent company’s credit rating for the first time since 1956. The downgrade was one level, to AA+ from AAA.
Management’s outlook “remains substantially too optimistic,” Citigroup Global Markets equity analyst Jeffrey Sprague wrote in a March 10 note to clients. He estimated 2009 GE Capital earnings of $3 billion.
Originally posted by Hx3_1963
trending slightly lower...still a long time to open...
===
Nikkei 225 7,972.17 2:00AM ET 23.04 (0.29%)
[edit on 3/18/2009 by Hx3_1963]