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Author Topic: Good day to unload in Friday. IMO
ththf
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I stick to a down day.

[Smile]

Let's check.

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glassman
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Friday is Buyday.. [Cool]
wait for the bargains...

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ththf
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quote:
Originally posted by glassman:
Friday is Buyday.. [Cool]
wait for the bargains...

If it exists bargain, it must be afternoon.
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ththf
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Although today's nonfarm payroll up a lot, we could also find the working hour extended.

That undermined a trouble. will the umemployment number will be revised up next time?

In my eyes, I only find a lot of layoff news.

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glassman
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America now pays the price for not electing a NEW president that would NEED to work FOR the people in hopes of re-election.....
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ththf
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Sorry. I didn't on this board. Yes. You are right. We should have a New president. But we are not lucky enough.
At least, I couldnot understand why the crude price go up so much even after the war.

I think one reason that Bush start the Iraq war is for more efficient and long term crude supply. But we can see after the war, our gas price is not go down but go up. Who take the profit and benefit from the war?

Oil and oil service companies.

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glassman
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oil profitsssses = inflation....

Kerry would have shafted us other ways...

we just have to play the games..they make the rules...

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ththf
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I remember Clinton use strategy oil supply to make the gas price steady. But Bush refuse to do so. He is too stuborn and he may be suggested by his "oil guys in his cabinet" to do so.

If Bush did it in last 2 years. Oil price should still fluctuate in 30-40 area.

we have to suffer even higher gas price in his next 3.5 year.  -

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Thorn
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quote:
Originally posted by glassman:
oil profitsssses = inflation....

Kerry would have shafted us other ways...

we just have to play the games..they make the rules...

Yep. Doesn't matter which one is elected. [Wink] There's a problem with a government where everyone is in the same club and gets the same education. Sometimes I wonder if they meet to flip a coin as to who will get which side of the issues. After a court session, the lawyers all go to a bar to share a drink. Keep that in mind. Oh, also, lawyers never lose out in a court battle; they still get paid regardless of the outcome. It's only those they represent that lose out (and since politicans are predominately lawyers....).

Nothing against lawyers, mind you, just the system itself.

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May your trading build your character as well as your portfolio.

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glassman
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my research has been showing that Yale is the keystone for the current "ownership" of the govt.

Bush was the very last of the "finishing school" grads from there... after that they got serious about academics...maybe it won't be too bad in the long...

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bdgee
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While it is certainly true that Bush enjoyed the advantages of traditional "gentlemen's grades", I question that he was the last of them to do so. It is a tradition that predates the existance of the United States and lives on, even at the prissiest of the Ivy League schools.
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glassman
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yes, i am INCORRECT by saying he was the last--i mispoke...

i have looked carefully at the Yale alumn list...

they have been recruiting MORE middle class people with good academic habits/skills since the mid-sixties..(right after Bush was admitted, his brothers didn't get in....)


one article:

One-third of President Clinton's 518 earliest appointments had attended Harvard or Yale--or both. The president called his staff "the top ranks of a new generation."

The self-congratulation was grating. But it contained a grain of sociological truth. When George H.W. Bush, James Baker, and Nicholas Brady entered the Ivy League, admission still depended largely on pedigree. By the time Clinton, Robert Reich, and George Stephanopoulos got there, admission was based on grades and SAT scores. The Clinton administration symbolized the transfer of power from one elite to a different, more meritocratic one.


http://www.tnr.com/020501/foer020501.html

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glassman
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Bush the Younger was a terrible blow to the Meritocracy ...LOL
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BuyAtBottom
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so far, super light volume today on the way up. i am going to be shorting pretty soon. maybe tomorrow or wait a couple more days. it might have a little more legs to the upside. towards the 10,400 or 10,500 range maybe. i am going to wait see a little bit more.
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