lamont
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I've got DSL since I run services and don't want to deal with playing games with dynamic DNS with cable modem or fios and dealing with them actively trying to firewall me so i can't do that unless i buy their expensive business-class service. As …
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For a historical perspective, read "Reminiscences of a Stock Operator" which gives you a window into the pre-SEC stock market. Some of the games that were played then are now regulated by the SEC, but you can clearly see that some of it still goe…
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I went to high school in Kodiak, AK and have loved snow all my life. In Seattle, its amusing when we get a couple inches and it shuts down the city for a day or two (holiday from work, taking it easy). This year was just insane, however. And…
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jon wrote: Why is it a given that building even more homes or bridges is better for the economy than funding new start-ups, or manufacturing facilities? Bridges and other infrastructure is a natural role for government, and so they might…
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bankers control the money and have our nuts in a vise.
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intermediate-term indicators are moving towards neutral from oversold and this rally is sputtering against its 50-DMA resistance. its going to have to do better than this next week. so far this is better than the near free-fall which started in …
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blew that one. although my broader "trading range" prediction still holds and we still haven't violated 9000 to the upside. the good news is that the market is showing a little more spunk. there has been a couple down days in this rally and t…
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neighbor downstairs (small basement unit) moved out and the landlord already found another renter to move in... there's the first floor apartment which is larger and it'll be interesting to see how fast that one goes since its more expensive... …
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rose-colored-coolaid wrote: lamont wrote: if they allowed people to refi even if they were underwater to lower interest rates that might have a beneficial effect in preventing foreclosure and increasing consumer spending.... By benefici…
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looks like yet another pennant continuation pattern again around ~8400 on the dow which is approaching its resolution. should breakdown soon (0-3 days) and retest 7200-7500 again soon... today's selling action isn't really a continuation yet, but…
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I think the consumer recession has taken on a life of its own now due to layoffs, the equity extraction ATM having been shut off a long time ago, and credit cards becoming maxed out and with tighter credit standards preventing the expansion of credi…
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rose-colored-coolaid wrote: FYI, there is some small truth that a median earner need not earn enough to purchase a home, but only if you concoct a population statistically different than our own. Approximately 2/3rd of households in USA own their…
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rose-colored-coolaid wrote: So, today the recession became official. The question is, does it matter? We all knew late last year what was really going on, it just takes time for the officials to become certain enough to make the declaration. …
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rose-colored-coolaid wrote: And in the Ho-Hum department, 680 pt sell off today. Is it a good sign or a bad one when volatility is so great in the markets that near double digit dives in all the major indexes isn't that big of news? Yeah, …
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lamont wrote: I called for an 8500-9000 top before the end of the week, and it looks like we've basically hit that range already, so it should be mostly sideways for awhile, although I wouldn't totally discount some highly volatile swings monday/t…
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"Seattle Bubble's entire raison d'être is to discourage, frighten and bully people." I don't think anyone on this site is seriously on the fence and influenced by Seattle Bubble. I've been a housing market pessimist since 2003, despite all the h…
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deejayoh wrote: well, no one but us evil liberals left here now. :yawn: takes the fun out of it. time to close up shop We win. Game over. Republicans lose.
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$7Tn is about how much has been lost so far in US stocks since the peak. almost $4Tn lost in the housing market since the peak. get used to $100bn's tossed around casually.
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rose-colored-coolaid wrote: david_mcmanus wrote: "Stimulus check plans are getting switched over to infrastructure plans" All I'm saying is that I don't think this is what the PUBLIC wants. They want things to go on as before (home appreci…
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rose-colored-coolaid wrote: lamont wrote: since we don't work on wall street we're just guessing about the psychology of traders when we're making predictions. Uh, right now? Terrified and greedy as hell. Did I mention potentially des…
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rose-colored-coolaid wrote: lamont wrote: 7,200 is the bottom from 2003 which should meet major resistance. probably wildly whipsawing tomorrow, i have no idea where it will go, but the 7,200 level should mostly hold for at least a day or tw…
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lamont wrote: actually, i'll call it for bouncing off 7,200 (+/- 25) and then will close 400+ pts up at 7900+ for >700 pts of swing on the day. called it! more or less... support was 7500 rather than 7200 and the swing was only 550…
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lamont wrote: 7,200 is the bottom from 2003 which should meet major resistance. probably wildly whipsawing tomorrow, i have no idea where it will go, but the 7,200 level should mostly hold for at least a day or two. actually, i'll call it…
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lamont wrote: lamont wrote: for tomorrow, i'm going to guess that the market opens down on pessimistic selling, rallys sharply back above 8,000 on concerns it is overbought, and then sells off late as hedge fund unloading takes over and it clo…
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lamont wrote: for tomorrow, i'm going to guess that the market opens down on pessimistic selling, rallys sharply back above 8,000 on concerns it is overbought, and then sells off late as hedge fund unloading takes over and it closes down lower by …
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lamont wrote: i guess my prediction is that once the whispers start that GM is going to fail in a matter of days that the dow will fall through 8,000 so, dow closed below 8,000... did CDS on GM spike today? for tomorrow, i'm going to g…
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SeattleMoose wrote: Lamont, you make an excellent point. I lived in LA during the recession of early 1990's. During that time a LOT of Californians moved to other states both to find work and to lower their housing costs. I lived in Seattle …
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i'd like to see the markets rally back and test their 50-DMA or 200-DMA at some point. the 200-DMA is up above 11,000 right now, so there's a lot of room for a bear market rally, but i've been waiting for one for awhile... it looks like we're …
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rose-colored-coolaid wrote: WestSideBilly wrote: I suspect there are a lot of investors who have triggered buys. They see 8000 (or some other arbitrary number) and start shopping. I agree, and I think what you're saying is the truth. …
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Its getting pretty scary out there with some of the right wing crazies. A lot of them seem to have just gone off the rails... What is interesting is that they're becoming what they hate. They hate William Ayers, the Weathermen, Blank Panthers…