Anyone else's 401K on fire right now?

[DownAmr]

Investments- Zvi Bodie, Alex Kane, and Alan J. Marcus, 7th Edition, McGraw-
Hill/Irwin, 2007.

[4matic]

Can someone recommend a book per my first post? Still wanna pick one up.

Be more specific about what you're interested in.

Free:

http://www.esignallearning.com/education/default.aspx

This stuff has always looked good:

http://www.pbs.org/nbr/info/shop.html

[Art Shirk]

Be more specific about what you're interested in.

Free:

http://www.esignallearning.com/education/default.aspx

This stuff has always looked good:

http://www.pbs.org/nbr/info/shop.html

You're right, and I suppose that is my issue--almost too clueless to know what I want . I want to gain a fundamental understanding of how to invest my own money, at least know what my finance guy is up to. Types of markets, types of instruments, lingo. Basically, I want to know what they hell is happening in this thread.

Unless I grab a hard copy book, I wont stick to my study.

sorry for the hijack

[4matic]

You're right, and I suppose that is my issue--almost too clueless to know what I want . I want to gain a fundamental understanding of how to invest my own money, at least know what my finance guy is up to. Types of markets, types of instruments, lingo. Basically, I want to know what they hell is happening in this thread.

Unless I grab a hard copy book, I wont stick to my study.

sorry for the hijack

I'll look around and see what I've got..

[Art Shirk]

4matic

back to your regular programming

[warthog]

NPR podcast- Planet Money is pretty good at explaining a lot of this stuff.
It won't tell you how to invest, but it is a good source for general info.

[Pinner]

I'm rolling my 401k into Greek govt bonds. The timing couldn't be better.

[Benny Profane]

Hey, too Greek to fail.

[iceman]

I deleted a bunch of drunken gibberish from here.

[hitek79]

Yes, Utopia is here.

[iceman]

Jesus, remind me not to drink anymore, I obviously can't hang.

[uglymoney]

I pay more in taxes that 99% of you earn and I say BRING ON THE NEW WORLD where all can prosper and all will share in the benefits of living in the best time in the history of the world.

Get excited, you cynical, sarcastic "skier" bitches, a new world is coming and you're gonna get a chance to live in it. You might have to pay more taxes on your Vail place (or me, on my Solitude place), but so fucking what?!!!??11

Anthropologic dental decay is a hoax and you are a typical lazy liberal socialist in jeans who used the ADD scam to hold down the 'soon to be rich' completely self reliant window washing entrepreneurs.

If it wasn't for bleeding heart liberals like you I'd easily be a billionaire or better by now.

Your new world is going to destroy my plans to buy a Global Express and put the hurt on Bombardier Preferred shares of which I own several so it looks like my 401k is fucked as well.

[hitek79]

You're the one on TGR looking for the meaning of life. I'm the one that suggested you stop being so damn selfish and go out and volunteer to help your community. You been doing that?

[iceman]

shut up, iceman

[hitek79]

Typical liberal.

[Hugh Conway]

Typical liberal.

Iceman's a black gay californian?

[iceman]

Fuck I was hammered last night.

[coreshot-tourettes]

Any chance that you'd share your insight?

BOGNONBR and the 50w/20w cross on the S&P 500.

[uglymoney]

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.

[hitek79]

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.

[Verde]

BOGNONBR and the 50w/20w cross on the S&P 500.

Thank you.

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...

[tex1230]

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.

[coreshot-tourettes]

Thank you.

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...

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.

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%

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...