| Money Talk|| re: I am out..... - LSU0358 on 7/30/14 at 2:42 pm|
I've been out since 1,960 S&P in late June. Will look to buy in the 1940 to 1920 level.
I based my exit on Elliot wave, several technical indicators, and the fact I was up big on my futures position and wanted to take some profits....
| O-T Lounge|| re: Cameron Parish to receive $10 billion LNG export facility - LSU0358 on 7/30/14 at 9:46 am|
[quote]They will hardly move the needle.[/quote]
This. Exporting natural gas is not a great move economic wise unless you have a locked in market with no other natural gas options. The only industrialized country this fits is Japan (and maybe Korea).
Exported US LNG will never compete with...
| Money Talk|| re: Time to buy Chicago Bridge & Iron? - LSU0358 on 7/30/14 at 9:35 am|
[quote]Rumors are there are some serious financial issues. They keep getting work, but they keep doing shoddy work on the jobs they have. They have come out in the red on several large jobs recently.
I'm hearing they are overstretched and don't have enough competent engineers to cover a...
| O-T Lounge|| re: hypothetical: deceased spouses pics - LSU0358 on 7/29/14 at 11:42 am|
[quote]would you want pictures of your new wifes' dead husband hanging in your house?
I didnt think so[/quote]
The pics could be hung in the kids room or something like that if kids are involved. Shouldn't be in bedroom period and not prominent in common areas....
| Money Talk|| re: Best Performing Market Sectors since 2000 - LSU0358 on 7/28/14 at 8:14 pm|
Dividends are not considered. Just stock price of each company in the sector is considered in the sector value.
| Money Talk|| re: This is why I hate working in IT - LSU0358 on 7/28/14 at 3:51 pm|
[quote]Sorry--anyone who punched a hole in a cube wall needs to have a chat with HR, stat. Completely unacceptable regardless of his role or yours.[/quote]
Exactly. This isn't acceptable behavior for an adult....
| Money Talk|| re: Best Performing Market Sectors since 2000 - LSU0358 on 7/28/14 at 3:08 pm|
[quote]cue Warren Buffett conspiracies. [/quote]
The Buffett/pipeline issue wouldn't have cut into railroad numbers until ~2012 at the earliest when Keystone could have been complete. The first 12 years didn't have political help....
| Money Talk|| re: Best Performing Market Sectors since 2000 - LSU0358 on 7/28/14 at 1:26 pm|
Nope, it shocked me too....
| Money Talk|| re: Best Performing Market Sectors since 2000 - LSU0358 on 7/28/14 at 11:08 am|
The performances from the year 2000 to last Friday are below:
1. DJUSRR - +1,027%
2. Biotech - +753%
3. Chemicals - +278%
4. Oil Index - +261%
5. Oil Services - +257%
6. Retail - +247%
7. Transports - +227%
8. Healthcare - +186%
9. Financials - +82%
10. Tech Hardware - +63%
11. Telecom ...
| Food and Drink Board|| re: Beer Suggestions in San Francisco - LSU0358 on 7/28/14 at 9:20 am|
They had some tasty ones. If in the area long enough there brewery is in Healsburg north of SF....
| Money Talk|| re: Best Performing Market Sectors since 2000 - LSU0358 on 7/27/14 at 8:28 pm|
Consumer staples up 176% since 2000....
| Money Talk|| Best Performing Market Sectors since 2000 - LSU0358 on 7/27/14 at 4:44 pm|
For the past 15 years the market has of course had some significant ups and downs. What sector would have been the best place to have parked your money since the year 2000?
Out of Biotech, Telecoms, Financials, Chemicals, Oil Index, Oil Services, Retail, US Railroads, Tech Hardware, Healthcar...
| Money Talk|| re: FB - LSU0358 on 7/26/14 at 10:42 am|
I'll admit I wasn't a fan of FB initially, but it seems they've overcome the hurdle of generating revenue from cell users.
I was also bearish at IPO, and while correct initially, that was horribly wrong over the last two years.
I like FB long term and would consider buying the next significa...
| O-T Lounge|| re: "She says, 'Don't shoot me, I'm pregnant!. . . And I shot her anyway." - LSU0358 on 7/24/14 at 4:41 pm|
[quote]So, if you walked in in someone raping your daughter you wouldn't kill them because the law probably wouldn't give them the death sentence? [/quote]
Not sure if you meant to reply to me, but yeah, it'd be over for them or me one....
| O-T Lounge|| re: "She says, 'Don't shoot me, I'm pregnant!. . . And I shot her anyway." - LSU0358 on 7/24/14 at 4:36 pm|
[quote]There are punishments for that. I'm not sure exactly what they are because I'm not a criminal lawyer, but I'm pretty sure the death penalty wasn't going to be on the table at her potential criminal trial.[/quote]
The punishments are so severe that the "lady" in question had broken in the m...
| O-T Lounge|| re: "She says, 'Don't shoot me, I'm pregnant!. . . And I shot her anyway." - LSU0358 on 7/24/14 at 4:21 pm|
[quote]Hell likely be charged because of that statement. [/quote]
Playing the old mans defense lawyer "He was emotionally traumatized and physically injured..."...
| O-T Lounge|| re: "She says, 'Don't shoot me, I'm pregnant!. . . And I shot her anyway." - LSU0358 on 7/24/14 at 3:42 pm|
[quote]Well, he's going to be charged. [/quote]
Probably so, but convicted will likely be another story....
| Money Talk|| re: The Next Bubble? - LSU0358 on 7/24/14 at 12:06 pm|
I think the next market crash will be be caused by China or Europe. Overall the overseas markets don't look near as nice as ours IMO.
As for US, student loans and college costs are a huge bubble IMO....
| O-T Lounge|| re: Baton Rouge likely to fork over $450k settlement to family of man killed by BRPD - LSU0358 on 7/24/14 at 11:26 am|
[quote] Freaking unbelievable. What does it take to get fired as a policeman these days?
Getting caught with a dead girl or a live boy.[/quote]
This would be like me intentionally putting a bad design out that blew up and hurt/killed someone after another engineer told me not to do it a...
| O-T Lounge|| re: Baton Rouge likely to fork over $450k settlement to family of man killed by BRPD - LSU0358 on 7/24/14 at 11:23 am|
How this can happen...
[quote]The district attorney's office cleared Magee of any wrongdoing and he remains on the force.[/quote]
When this is known...
[quote]Council members were also told Magee was instructed by another officer not to shoot because there were too many people around the sc...
| Political Talk|| re: Michael Moore owns 9 homes - LSU0358 on 7/23/14 at 2:07 pm|
Another do as I say and not as I do liberal. ...
| Money Talk|| Gold and Silver - LSU0358 on 7/22/14 at 6:53 pm|
Did a little buying in gold today. Like the look of gold and silver here, but as I'm trading futures silver is a litte to volatile for me.
For now this is a short term trade and I'd exit in the 1270 to 1280 region....
| Movie/TV Board|| re: Legends of the Fall/Dances with Wolves - LSU0358 on 7/22/14 at 10:57 am|
These two along with Broken Trail, Unforgiven, and Good, bad, and ugly are my favorites in the Western genre.
Out of the two Legends of the Fall gets the nod from me....
| Money Talk|| re: Current housing surge vs. last decade's housing surge - LSU0358 on 7/21/14 at 7:08 am|
Houses are in stronger hands from a financial health stand point. Buyers in the last 5 years have put more down than buyers in early 2000s.
| Money Talk|| re: Business structure: LLC or S-corp? - LSU0358 on 7/19/14 at 9:44 am|
[quote]I work on contract and have two assistants who work under me under contract as well, and we subcontract for two large home health providing agencies in the area. It's become pretty profitable quickly, and is netting about 1500-1900$ a week based on my actual visits and what I keep after I pay...
| Money Talk|| re: Beginning of the End of U.S. Dollar Hegemony - LSU0358 on 7/19/14 at 9:25 am|
[quote]quote: BennyAndTheInkJets Interesting. Definitely sounds like you know your stuff He does...one of the Money Board's best posters, IMO. [/quote]
Agreed, and thanks to him and others for freely sharing. While many of us trade and invest we don't have a banking background so the insight...
| Money Talk|| re: Beginning of the End of U.S. Dollar Hegemony - LSU0358 on 7/19/14 at 8:40 am|
[quote]I'm so happy we've got another poster that actually looks at the DXY and not CPI figures, then claim how much the dollar is in the tank. The world of absolutes must be a scary one. [/quote]
Exactly. People don't realize the value of the USD is relative to other currencies, not just a func...
| Money Talk|| re: Beginning of the End of U.S. Dollar Hegemony - LSU0358 on 7/18/14 at 10:22 am|
[quote] Beginning of the End of U.S. Dollar Hegemony
BRICS flip us the bird.
I'll be laughing my a** off at the BRICS when the USD goes from the current 80 to around 130 to 150 in the next 5 to 8 years. Russia will come apart at the seems with a strong USD and ~$60/bbl crude oil...
| Tiger Rant|| re: Mac Marshall did not sign with the Astros; Will play for Tigers - LSU0358 on 7/18/14 at 9:58 am|
[quote] stealing HS kids college
Dream by luring them into endless bus
You think giving a HS kid $2,000,000 is "ruining" their college dreams? Is this real life?[/quote]
Exactly. The whole point of college is to prepare yourself to earn a living. If you can earn that l...
| Money Talk|| re: I think its time we talk about the next Fed policy tool - LSU0358 on 7/9/14 at 3:53 pm|
Damn, your February write-up points are made almost word for word in the June 17-18 minutes. :bow: to you sir.
"It was generally agreed that an ON RRP facility with an interest rate set below the IOER rate could play a useful supporting role to firm the floor under money market interest rates."...