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Number of Posts:55
Registered on:7/23/2008
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re: Looking to move to BR

Posted by ElmGrove on 6/15/09 at 12:26 am
In B.R. -- it's all about da neighborhood. If you're want to save money, think about some of the mature/older burbs. Sherwood Forest and Broadmoor. If ya look, you might could find something around $160K to $180K or so. You'll be happy in either one. Shenandoah would have a little bit lon...

re: Call the Bottom

Posted by ElmGrove on 1/25/09 at 8:14 pm
There's a wild conspiracy theory that cheerleader/frat/silver-spoon shrub and 41 are actually one and the same, being as they're both from the same UFO pod. GWB = GHWB = Hoover...

re: Call the Bottom

Posted by ElmGrove on 1/25/09 at 7:21 pm
JerseyTiger: Solid call. Like a big city getting snowed in, not knowing when the next Pineapple Express will shift the pattern. What do you think of UBS and their financial advisors?...

re: Call the Bottom

Posted by ElmGrove on 1/25/09 at 6:51 pm
Let's do the math. George Herbert Walker Bush = Herbert Hoover Check 1929 crash = 2008 crash Check Then, per Wikipedia: "The market recovered for several months from that point, with the Dow reaching a secondary peak (i.e., dead cat bounce) at 294.0 in April 1930. The market embark...
clamdip: And then what happened? Was there endless prosperity for the next 2 decades?...

Houston, we have a Dow Jones problem

Posted by ElmGrove on 11/19/08 at 4:09 pm
Yikes! All bets are off. Gotta rethink my thinking. With this new technical downside, I see something I don't wanna see. Uh-oh. We're in serious doo-doo now....

re: How low does oil go?

Posted by ElmGrove on 11/17/08 at 1:47 am
Omaha, that's a tribal name. And, of course, you're exactly correct. A smart investor doesn't allow the manipulated spin to bog down his/her thinking. Hey, it's about making money, not about ideological punch outs. And a truly smart investor studies history. So, if the above thesis is ...

re: How low does oil go?

Posted by ElmGrove on 11/16/08 at 3:15 pm
Here's an intriguing question. What will the price of NG (natural gas) go to if our oil shipments from the Middle East are cut off?...
TigerFanatic!: Years back, I had some friends that paid their dues offshore. And since you wanna work onshore and not off, I guess what I heard about Chevron won't help you much. But anyway, I spoke to someone a few days ago, and it seems as though a relative of his is working for Chevron offsh...
k.: thanks i find it interesting that CHK continues to sell off leases in much higher percentages in other s plays than in the Hay s cash short in sum but their future profit margins appear to be higher & of higher potential in NW La -- so they're holding on to the easiest deals, to the hi...
T.: I'll rationalize. Today won't be a bad blood bath, i.e., IMHO a good day these days is any day that the Dow doesn't drop over 200 on the downside. For the 4th Q of 2008 -- that's a good day. Note also that the present "buy" pattern is timed into the shorts in the last hour or so of t...
That's my story, and I'm sticking to it....
Wonder how high? Will it stall? Gotta watch that weather report, no?...

re: Even Warren Buffet is taking a hit

Posted by ElmGrove on 11/8/08 at 10:36 pm
A share of stock is nothing more than a piece of worthless paper (unless someone wants to buy it). There is no value in the actual paper. The only value is derived from someone wanting to buy the share of stock. If no one wants to buy it and if everyone wants to sell their shares, then the mark...

re: Division Orders

Posted by ElmGrove on 11/4/08 at 1:13 pm
after...
Huh. NG futures zoomed up today. Sweet. Well, I guess that's the cold weather, huh? Thanks, Tigris. Good stuff....
Here's my uninformed spin on NG futures. Like many commodities, it's investor driven, i.e., not driven by physical demand (usage). Therein, the wild ups and down are due to "programmed trading." Therein, those who know the software code on the programming, know the market. ...
In monster-mash speak: "Ya-hoo -- good." "Micro-soft -- bad." But this is only "living dead" fun talk. With smart/Buffett investing: "Micro-soft . . . barry, barry good." :cat:...