Iceman's a black gay californian?Quote:
Originally Posted by hitek79
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Iceman's a black gay californian?Quote:
Originally Posted by hitek79
Fuck I was hammered last night.
BOGNONBR and the 50w/20w cross on the S&P 500.Quote:
Originally Posted by Verde
My sources tell me that Oprah bought a Global Express. Can you imagine owning a private jet that can fly 7000 miles? That would not suck... I imagine you could fly to a socialist country to get surgery and still come out money ahead over what it would cost in our capitalist system. Maybe that is what Oprah is thinking?
http://www.healthcarebluebook.com/pa...9&dataset=hosp
57k for coronary bypass. I'm sure all the conservatives have bank for that.
That's because there is no real free market for healthcare. I'm in a business that's also controlled by the insurance industry. They dictate my pricing schedule with certain minimums, so if one minimum is $75, that's what I charge no matter how quickly I can do it. If a true free market existed then the price would be much much lower. How low is hard to say, because it would be whatever the market could sustain.Quote:
Originally Posted by uglymoney
Thank you.Quote:
Originally Posted by coreshot-tourettes
I looked up the 50w/20w cross and found this useful information
The other chart (BOGNONBR) wasn't as clear how to use it, but had some wild swings...
you all realize that when you're down 50% one year you need a 100% return to get back to even, right? 45% returns this year mean jack shit if you've been investing for more than 5 yrs
I'll be lucky to see my 2005 high water mark int he next 5 years.
BOGNONBR is non-borrowed reserves on deposit at the Fed. Basically, it's the banks' equivalent of the money buried in the backyard in a coffee can. If the banks dig up the coffee can, that means they need giant amounts of cash right F****** NOW and it's likely because their balance sheets are having huge holes blown in them. BOGNONBR is the Armageddon indicator.Quote:
Originally Posted by Verde
The 20/50 is just your run of the mill technical indicator.
Here are your results following the various indicators since the peak Oct 08 to now (these are your overall results, not just for this year):
Hanging on through it all: -20%
20/50 cross: +10%
BOGNONBR: +20%
And the best indicator of all, the only time a sitting US president has mentioned the stock market, and the only guy that can print money and funnel it into the market:
March 09: "Obama: buy stocks now!"
http://www.politico.com/news/stories/0309/19567.html
Obama indicator: +50% :the_finge
It worked for me. Again, I love bankers/politicos committing massive fraud as long as I get some of it. :)
BTW, we're getting close to the 20/50 cross again, this time from the other side:
http://stockcharts.com/h-sc/ui?s=$SPX&p=W&b=5&g=0&id=p22402434556
It will be time to get out again soon... :frown: