Does anyone know why I can't find listings on weekly options on things like the TZA and FAS. They were there until last week when I had some expire. Nothing while searching online to see if they have been removed from trading. ???
As a Massachsetts resident I would like to add my $.02. First of all I will admit I voted for Scott Brown, who's seat Elizabeth Warren is after. MA is one of the most liberal states in the US. All of MA US Congressmen are Democrats. When Ted Kennedy was alive it was a complete Democratic sweep. About 80% of our state legislatures are Democrats. One of the reasons I voted for Brown was to try and bring some balance. There is no debate here on the issues and a lot is done behind closed doors. Someone mentioned here Barney Frank had little to do with the housing crisis, Fannie, Freddie issus and was only 1% of the vote. Sorry, Barney is a Congressman and thus only .25% of the Congrssional vote. If you really believe the power Barney wields is only .25% then I have a bridge to sell you. This brings me to the end game I believe the Washington stratagists are following. They want Ted K's seat back. I believe that is why Ms. Warren was not selected to run the Department of Consumer Protection. From what I have read and heard Ms. Warren is certainly not pro big banks and Wall Street. But she is not very pro business either wanting increases in business taxes. There have been many votes that I have disagreed with Senator Brown, not being consevative enough and crossing over to the other side of the aisle. But what I fear the most is another highly paid ($350K/year) Harvard faculty member looking out for us common folk. The connection to Harvard is almost as strong as the Goldman connection. My party affiliation-none, although I T party leanings.
I am almost in the same camp as you GW but I am looking for it to test the July 1, 2010 low of 28.48. Good volume at this point so it would be hard to break through it. If it holds, this is where I want to jump in.
Welcome to the new reality of what the US has become. In Massachusetts we don't call them food stamps but "supplemental Nutrition Assistance Program", or SNAP and an EBT card is issued by the state. What is particularly galling is to see them used to buy beer, cigarettes and LOBSTER!!! There are some people that really need them but when there is such blatant fraud it makes everyone who pays for wanted to can the whole system.
Grym, what this contry needs is a Senate and Congress made up od people our age---then you would not have to wory about term limits. It will occur naturally. I would be the darling of AARP--NOT. I would take on Medicare first. Eliminate part D first-it was never funded. Drug companies would be very unhappy. Cover all regular office visits with only a small co-pay but big operations like hip and knee replacement, triple bypasses and such the receiptient must cover 30% of the cost. One more thing, your idea that the politicians versus unions being responsible for the bloated entitlement programs you have to remember many of these politicians got into office with the aid of the unions they were supposed to negotiate with.
Like the Dem's and Repub's, plenty of blame to share.
I have to disagree on the your statement of taxes being the lowest in generations. If you factor in all the taxes, taxes on gasoline, excise tax,meal tax, property sales tax......
The issue is our government leaders have gotten very creative and have created a network of 2% here and 4% there. When you add it all up with government fees it is no longer that low number. What we need is a new tax system. Get rid of the special exemptions and loopholes. Right now over 40% pay no tax--what is going to happen when it reaches 51%? Make it so you don't need special tax software for the average person to file their taxes. Do away with the earned income credit. Set a reasonable threshold level and after that everyone pays some taxes. Everyone needs skin in the game. Investment AND savings need to be taxed at a lower rate. We want people to save and invest but you need to adjust for risk. Take away the loophole that hedge fund and money managers get in their income is not investment income... its other peoples investments. I would even do away with corperate taxes. What is a corperation anyway? They should only pay fees that are needed to cover expenses needed to provide proper enforcement and regulation.
This is what the next president needs to do. Create a new, fair tax system that people can understand, where we don't have STUPID things like the AMT that they need to adjust every year and always wait for the last minute and then act like they are doing everyone a favor. It's a broken system--fix it.
RANT OFF
Bill you said "How long will it take to drag this person down to their sleaze level?” I think he is already there. When I read his book "To Big To Fail" I came away with the conclusion that he thought it was an unfortunate series of events that ALMOST brought down HB&B, that they were all loving fathers, grandfathers (Paulson), working from before dawn and going to sleep after midnight. He painted Angelo Mozilo as a man who loved his company and thought he was providing a public service for giving low income earners access to affordable housing. He only used some of the questionable underwriting tactics because his competition did and unless he used the same methods he would have been forced out of business. I think he writes with just enough truth to made his stories and articles believable while distorting reality enough to come to the conclusions he want you to have.
I think he is another Wall Sreet mouthpiece with less gimmicks.
Don't take me wrong way but let me pose this question. If YOU had to pay the cost out of your own pocket, would your mothers Bladder infection treatment cost 24K? Of course not. You would make sure she got the treatment that was needed and taken reasonable steps to make sure it happened. The problem is that we are too removed from the problems and added layers of bureaucracy, be it polititions, unions or mandated insurance, just makes it impossible.
PS-I love the rants from Kaimu. Passion, is probably a better word, for some of the wrongs and spinners of truth he see's out there.
I looked at the weekly 1 year chart and I see a big volume week in early December so I'm looking for this to be an island bottom and at least a retest of the trendline off the top @6.34 to about the 5.75 level. Ny stop below the mid October low of 3.45 and I am in at 3.82. Risk reward looks good to me
I will first say that I am not a supporter of President Obama. I did not vote for him and will likely not vote for him in his re-election bid. But I have to say that he surprised me by taking this bold decision to send the troops into this location. What would President Clinton have done. He would have a missle strike and then try and confirm the death-or maybe waited for visual evidence that it was truely Bin Laden. President Bush-I think he would have shared more info with the governments of the world and the leaks would kill the operation. The President acted like a President and I have to give him credit for that and putting to an end the long, drawn out saga of this criminal. Kudos to President Obama.
Here is a case of a bank CEO loaning (giving) his nephew a huge real estate loan on a property that the bank also previously wrote off. By the way, the nephew was associated with the first write off. The bank receive a lot of TARP money.
Grym,
Let me see if I have this correct. The Chinese make the goods, ship them to the US and UK and them come here to buy them? What a world we live in.
Grym,
Let me see if I have this correct. The Chinese make the goods, ship them to the US and UK and them come here to buy them? What a world we live in.
I have seen Bill refer to the Cara 500 several times over the past couple of weeks but can find no reference to it on the site, only the Cara 100. Can soneone point me in the right direction? Thanks.
I live in Massachusetts, the state that was the model for our national health care reform bill. The Governor just put forth his fiscal 2011 budget with an increase of 5.8%. Last year we had a sales tax rate increase of 25%! Why is the budget skyrocketing you ask. In a press release from the Statehouse News Service, under the heading "The health Care Puzzle" they state the following facts: "Patrick described plans to renegotiate deals with health insurers to constrain costs. Even if the expected savings are realized, the health care programs will consume nearly 40 percent of the total state budget, including $10.34 billion for Medicaid services, $822 million for Commonwealth Care – a taxpayer-subsidized program for low-income residents – and $50 million for legal immigrants without access to Commonwealth Care."
Now I work in private industry as an Electronics Engineer and my health care insurance has gone up ALMOST as fast as the states health care expenses. Wasn't this plan supposed to contain the rise in cost? It just continues to support my belief when the government artifically throws money at a problem the costs for all go up.
I'd be carefull here. In candlestick charting a doji represents in-decision point and many times represents a halfway point of the full movement on the chart. If it doesn't hold the August swing low I think it will go back a nd test the June low near 100.
Where do you find 1yr CD's paying 3 to 4%???? I would certainly use some of them if they existed but the norm is about 1% going up to a high of 1.5% for some limited time offers with strings attached. Can your Mom manage my portfolio???
Agree with the content-----only one alternative---RON PAUL
Papa--
"I feel now that the price is so damn low, how much more could I lose?"
Remember-It can always go to zero. I'm not saying it will but you ALWAYS need to remember that.
Does anyone know why I can't find listings on weekly options on things like the TZA and FAS. They were there until last week when I had some expire. Nothing while searching online to see if they have been removed from trading. ???
As a Massachsetts resident I would like to add my $.02. First of all I will admit I voted for Scott Brown, who's seat Elizabeth Warren is after. MA is one of the most liberal states in the US. All of MA US Congressmen are Democrats. When Ted Kennedy was alive it was a complete Democratic sweep. About 80% of our state legislatures are Democrats. One of the reasons I voted for Brown was to try and bring some balance. There is no debate here on the issues and a lot is done behind closed doors. Someone mentioned here Barney Frank had little to do with the housing crisis, Fannie, Freddie issus and was only 1% of the vote. Sorry, Barney is a Congressman and thus only .25% of the Congrssional vote. If you really believe the power Barney wields is only .25% then I have a bridge to sell you. This brings me to the end game I believe the Washington stratagists are following. They want Ted K's seat back. I believe that is why Ms. Warren was not selected to run the Department of Consumer Protection. From what I have read and heard Ms. Warren is certainly not pro big banks and Wall Street. But she is not very pro business either wanting increases in business taxes. There have been many votes that I have disagreed with Senator Brown, not being consevative enough and crossing over to the other side of the aisle. But what I fear the most is another highly paid ($350K/year) Harvard faculty member looking out for us common folk. The connection to Harvard is almost as strong as the Goldman connection. My party affiliation-none, although I T party leanings.
SCCO.......Is it going to test the high volume low at about $9.12????? (Oct 2008)
I am almost in the same camp as you GW but I am looking for it to test the July 1, 2010 low of 28.48. Good volume at this point so it would be hard to break through it. If it holds, this is where I want to jump in.
Bill,
Welcome to the new reality of what the US has become. In Massachusetts we don't call them food stamps but "supplemental Nutrition Assistance Program", or SNAP and an EBT card is issued by the state. What is particularly galling is to see them used to buy beer, cigarettes and LOBSTER!!! There are some people that really need them but when there is such blatant fraud it makes everyone who pays for wanted to can the whole system.
Grym, what this contry needs is a Senate and Congress made up od people our age---then you would not have to wory about term limits. It will occur naturally. I would be the darling of AARP--NOT. I would take on Medicare first. Eliminate part D first-it was never funded. Drug companies would be very unhappy. Cover all regular office visits with only a small co-pay but big operations like hip and knee replacement, triple bypasses and such the receiptient must cover 30% of the cost. One more thing, your idea that the politicians versus unions being responsible for the bloated entitlement programs you have to remember many of these politicians got into office with the aid of the unions they were supposed to negotiate with.
Like the Dem's and Repub's, plenty of blame to share.
davefairtex
I have to disagree on the your statement of taxes being the lowest in generations. If you factor in all the taxes, taxes on gasoline, excise tax,meal tax, property sales tax......
The issue is our government leaders have gotten very creative and have created a network of 2% here and 4% there. When you add it all up with government fees it is no longer that low number. What we need is a new tax system. Get rid of the special exemptions and loopholes. Right now over 40% pay no tax--what is going to happen when it reaches 51%? Make it so you don't need special tax software for the average person to file their taxes. Do away with the earned income credit. Set a reasonable threshold level and after that everyone pays some taxes. Everyone needs skin in the game. Investment AND savings need to be taxed at a lower rate. We want people to save and invest but you need to adjust for risk. Take away the loophole that hedge fund and money managers get in their income is not investment income... its other peoples investments. I would even do away with corperate taxes. What is a corperation anyway? They should only pay fees that are needed to cover expenses needed to provide proper enforcement and regulation.
This is what the next president needs to do. Create a new, fair tax system that people can understand, where we don't have STUPID things like the AMT that they need to adjust every year and always wait for the last minute and then act like they are doing everyone a favor. It's a broken system--fix it.
RANT OFF
Bill you said "How long will it take to drag this person down to their sleaze level?” I think he is already there. When I read his book "To Big To Fail" I came away with the conclusion that he thought it was an unfortunate series of events that ALMOST brought down HB&B, that they were all loving fathers, grandfathers (Paulson), working from before dawn and going to sleep after midnight. He painted Angelo Mozilo as a man who loved his company and thought he was providing a public service for giving low income earners access to affordable housing. He only used some of the questionable underwriting tactics because his competition did and unless he used the same methods he would have been forced out of business. I think he writes with just enough truth to made his stories and articles believable while distorting reality enough to come to the conclusions he want you to have.
I think he is another Wall Sreet mouthpiece with less gimmicks.
Craig,
Don't take me wrong way but let me pose this question. If YOU had to pay the cost out of your own pocket, would your mothers Bladder infection treatment cost 24K? Of course not. You would make sure she got the treatment that was needed and taken reasonable steps to make sure it happened. The problem is that we are too removed from the problems and added layers of bureaucracy, be it polititions, unions or mandated insurance, just makes it impossible.
PS-I love the rants from Kaimu. Passion, is probably a better word, for some of the wrongs and spinners of truth he see's out there.
I looked at the weekly 1 year chart and I see a big volume week in early December so I'm looking for this to be an island bottom and at least a retest of the trendline off the top @6.34 to about the 5.75 level. Ny stop below the mid October low of 3.45 and I am in at 3.82. Risk reward looks good to me
I will first say that I am not a supporter of President Obama. I did not vote for him and will likely not vote for him in his re-election bid. But I have to say that he surprised me by taking this bold decision to send the troops into this location. What would President Clinton have done. He would have a missle strike and then try and confirm the death-or maybe waited for visual evidence that it was truely Bin Laden. President Bush-I think he would have shared more info with the governments of the world and the leaks would kill the operation. The President acted like a President and I have to give him credit for that and putting to an end the long, drawn out saga of this criminal. Kudos to President Obama.
Here is a case of a bank CEO loaning (giving) his nephew a huge real estate loan on a property that the bank also previously wrote off. By the way, the nephew was associated with the first write off. The bank receive a lot of TARP money.
http://www.bloomberg.com/news/2011-04-11/fed-direc...
Grym,
Let me see if I have this correct. The Chinese make the goods, ship them to the US and UK and them come here to buy them? What a world we live in.
Grym,
Let me see if I have this correct. The Chinese make the goods, ship them to the US and UK and them come here to buy them? What a world we live in.
I have seen Bill refer to the Cara 500 several times over the past couple of weeks but can find no reference to it on the site, only the Cara 100. Can soneone point me in the right direction? Thanks.
I live in Massachusetts, the state that was the model for our national health care reform bill. The Governor just put forth his fiscal 2011 budget with an increase of 5.8%. Last year we had a sales tax rate increase of 25%! Why is the budget skyrocketing you ask. In a press release from the Statehouse News Service, under the heading "The health Care Puzzle" they state the following facts: "Patrick described plans to renegotiate deals with health insurers to constrain costs. Even if the expected savings are realized, the health care programs will consume nearly 40 percent of the total state budget, including $10.34 billion for Medicaid services, $822 million for Commonwealth Care – a taxpayer-subsidized program for low-income residents – and $50 million for legal immigrants without access to Commonwealth Care."
Now I work in private industry as an Electronics Engineer and my health care insurance has gone up ALMOST as fast as the states health care expenses. Wasn't this plan supposed to contain the rise in cost? It just continues to support my belief when the government artifically throws money at a problem the costs for all go up.
Dave,
I'd be carefull here. In candlestick charting a doji represents in-decision point and many times represents a halfway point of the full movement on the chart. If it doesn't hold the August swing low I think it will go back a nd test the June low near 100.
cheapy,
Where do you find 1yr CD's paying 3 to 4%???? I would certainly use some of them if they existed but the norm is about 1% going up to a high of 1.5% for some limited time offers with strings attached. Can your Mom manage my portfolio???