marcseatac
Great Northwest
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join:2005-06-12
Milton, WA
 ·Comcast Formerly ..
| The disconnect
Is anybody seeing it? People don't accept what's happening. People are like "I don't want to see or know about it and everything is going to be exactly as it has always been". It's fascinating to watch.
It is my opinion that people are basically cowards and can't act in the face of dire consequences. This is a fine little peccadillo we find ourselves in. Good luck to the human race is all I have to say. |
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powerhog
Stinkin' up the joint
Premium
join:2000-12-14
Owasso, OK | That's because the vast majority isn't really effected as much as the 'experts' would like for everyone to believe. Which, to me, just shows the disconnect between the "haves" and "have nots". |
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Gomez
Been drinking brew for breakfast?
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join:2001-02-21
Atlanta, GA
clubs:
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It is the economy,..
Clearwire
| reply to marcseatac
said by marcseatac  :Is anybody seeing it? People don't accept what's happening. People are like "I don't want to see or know about it and everything is going to be exactly as it has always been". It's fascinating to watch. It is my opinion that people are basically cowards and can't act in the face of dire consequences. This is a fine little peccadillo we find ourselves in. Good luck to the human race is all I have to say. Specifics?
Are you referring to the bargain hunters that are out there, or the masses that aren't trying to figure out how to gain from all this.
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INT0CABLE
BANNED
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join:2007-10-22
Bronx, NY
| reply to marcseatac
the majority of americans are poor and dont invest in the stock market. dont know anything about economics .
you wanna make americans care take off american idol off the air. banned all fast food restaurants all around the country.
closed-off ALL MALLS
poor people in this country are just glad they have a shitty minimum wage job.
and by the way is not just people arent accepting it. is just they dont give a shit.
they dont give a shit about the current system. thats why more people vote in american idol than presidential elections.
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"First they ignore you, then they laugh at you, then they fight you, then you win."
RON PAUL Campaign For Liberty |
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Mickeyme
You might be right, but, I don't care
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join:2008-09-05
Carson City, NV
1 edit | reply to marcseatac
Most people are in debt up to their ears and think that if the country crashs that their bills will disappear and they will be fine.
Just think about what is going to happen when the gangbangers start going hungry or can't get money for drugs. |
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Gomez
Been drinking brew for breakfast?
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join:2001-02-21
Atlanta, GA
clubs:
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It is the economy,..
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1 edit | reply to INT0CABLE
said by INT0CABLE :the majority of americans are poor and dont invest in the stock market. dont know anything about economics . you wanna make americans care take off american idol off the air. banned all fast food restaurants all around the country. closed-off ALL MALLS poor people in this country are just glad they have a shitty minimum wage job. and by the way is not just people arent accepting it. is just they dont give a shit. they dont give a shit about the current system. thats why more people vote in american idol than presidential elections. No disagreement..
The average 9-5 paycheck to paycheck American doesn't care, Unless that job is one of the weak sectors.. But, that's not the weak money that's pushing the market down..
said by Mickeyme :Most people are in debt up to their ears and think that if the country crashs that their bills will disappear and they will be fine. Just think about what is going to happen when the gangbangers start going hungry or can't get money for drugs. Huh? At last check the crack market wasn't dependent on institutional credit lines, additionally since the trades happen in USD, the strengthening dollar should have little impact. Actually lowering fuel costs might strengthen that market, assuming current inventories aren't overly fixed to past transportation costs... In short, I would worry about this one.
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marcseatac
Great Northwest
Premium
join:2005-06-12
Milton, WA
·Comcast Formerly ..
| reply to Gomez
said by Gomez :said by marcseatac :Is anybody seeing it? People don't accept what's happening. People are like "I don't want to see or know about it and everything is going to be exactly as it has always been". It's fascinating to watch. It is my opinion that people are basically cowards and can't act in the face of dire consequences. This is a fine little peccadillo we find ourselves in. Good luck to the human race is all I have to say. Specifics? Are you referring to the bargain hunters that are out there, or the masses that aren't trying to figure out how to gain from all this. Like an ostrich with head in sand you see 2 kinds, bargain hunters and people who are oblivious. Well with all due respect GM and Ford are bargains and I myself am totally oblivious to that. I don't think you are seeing a downside in all this, nor do I think most people see the downside. |
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Spice300
Premium
join:2006-01-10
| reply to marcseatac
said by marcseatac :People don't accept what's happening. People are like "I don't want to see or know about it and everything is going to be exactly as it has always been". What do you think is happening? Are you referring to the stock market declining, the end of American loose credit, the American economic Ponzi scheme blowing up, government corruption in plain sight, the U.S. corporate oligarchy, resource depletion (aka peak oil) biting us in the rear end or all of the above? |
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marcseatac
Great Northwest
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join:2005-06-12
Milton, WA | Ah, an enlightened one.  |
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GemSnake
Premium
join:2000-10-19
3rd layer
clubs: 
| reply to marcseatac
said by marcseatac :Is anybody seeing it? People don't accept what's happening. People are like "I don't want to see or know about it and everything is going to be exactly as it has always been". It's fascinating to watch. It is my opinion that people are basically cowards and can't act in the face of dire consequences. This is a fine little peccadillo we find ourselves in. Good luck to the human race is all I have to say. And what have YOU done lately?
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"In a fight between you and the world, bet on the world." - Franz Kafka |
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marcseatac
Great Northwest
Premium
join:2005-06-12
Milton, WA
·Comcast Formerly ..
| Moved my money around, stocked the house with 6 months provisions and paid rent 3 months in advance. I have inventoried my survival equipment and bought an abundance of things that I used to only dream of owning. The UPS and FED EX drivers have come every day this week. Right now I am researching very durable multi purpose bicycles.
I tried to imagine being lost in the wilderness and finding a cabin then I asked myself what I would like to find in that cabin, then I compared the current state of my very own abode and I decided to spend about 5 thousand just on sundries. All my preparation may be in vain but I feel better sleeping at night, let me tell you that much. |
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Gomez
Been drinking brew for breakfast?
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join:2001-02-21
Atlanta, GA
clubs:
·Speakeasy
Host:
Pub Games
It is the economy,..
Clearwire
| reply to marcseatac
said by marcseatac :said by Gomez :said by marcseatac :Is anybody seeing it? People don't accept what's happening. People are like "I don't want to see or know about it and everything is going to be exactly as it has always been". It's fascinating to watch. It is my opinion that people are basically cowards and can't act in the face of dire consequences. This is a fine little peccadillo we find ourselves in. Good luck to the human race is all I have to say. Specifics? Are you referring to the bargain hunters that are out there, or the masses that aren't trying to figure out how to gain from all this. Like an ostrich with head in sand you see 2 kinds, bargain hunters and people who are oblivious. Well with all due respect GM and Ford are bargains and I myself am totally oblivious to that. I don't think you are seeing a downside in all this, nor do I think most people see the downside. Of course I see a downside on all this..
But there is a certain amount of pragmatism having been thru it before.. One of the investments I made was in time to be on record to reap the dividend which more than offsets any loss.. one is actually up, and one is mostly neutral with a dividend event on the horizon.
GM and F are not bargains. Consumer confidence is low, so car buying is low.. Credit is difficult, so the market is limited to prime buyers, and company is going to be able to secure credit to finance operations. If you want to throw money at GM or F, I'd throw it in the fireplace to offset fuel costs.
Today was actually encouraging.. End of week sell-off is almost expected. Huge morning selling from overnight orders and margins clears, and a low volume roller coaster most of the day, overall up from the initial high volume, and green before the end of week sell...
If someone is just tossing money in and buying google (or GM or F) on guts, that's head in the sand. But some might have an actual plan, and a reason for executing it.
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It's a fact : Chicks dig Mafia players.
'Wanna help buy a goat?' - »www.kiva.org
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Gomez
Been drinking brew for breakfast?
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join:2001-02-21
Atlanta, GA
clubs:
·Speakeasy
Host:
Pub Games
It is the economy,..
Clearwire
| reply to marcseatac
said by marcseatac :Moved my money around, stocked the house with 6 months provisions and paid rent 3 months in advance. I have inventoried my survival equipment and bought an abundance of things that I used to only dream of owning. The UPS and FED EX drivers have come every day this week. Right now I am researching very durable multi purpose bicycles. I tried to imagine being lost in the wilderness and finding a cabin then I asked myself what I would like to find in that cabin, then I compared the current state of my very own abode and I decided to spend about 5 thousand just on sundries. All my preparation may be in vain but I feel better sleeping at night, let me tell you that much. Paying rent? So you missed out on all those easy to get mortgages, yet others have their head in the sand?
With all due respect, it's all about planning, and seizing opportunity..
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It's a fact : Chicks dig Mafia players.
'Wanna help buy a goat?' - »www.kiva.org
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81399672
Premium
join:2006-05-17
Los Angeles, CA
| reply to Gomez
I am afraid market volatility is not over. Market is currently searching the bottom and have not yet found it. I would be surprised if we have another opening on Monday like we did today. It all depends what news we will hear during the weekend.
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Gomez
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Atlanta, GA
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It is the economy,..
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| reply to marcseatac
The actual disconnect I see is:
1) A Strengthening dollar in a petro-dollor economy.
2) Low volume on the recent downward market activity..
3) A strong sense of panic, which seems media induced..
Strong support at zero if you want to wait for it..
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It's a fact : Chicks dig Mafia players.
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marcseatac
Great Northwest
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join:2005-06-12
Milton, WA
·Comcast Formerly ..
| I think you are wrong about #3, it's not media induced fear, it's real and can be seen on the faces of our elected officials. I've been reading hair raising economist warnings for the last 2 years that no one was paying attention to. Now I'm watching the things those economists were saying playing out on the nightly news. Anyway that's only my opinion.
Happy hunting. |
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Gomez
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join:2001-02-21
Atlanta, GA
clubs:
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It is the economy,..
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| said by marcseatac :I think you are wrong about #3, it's not media induced fear, it's real and can be seen on the faces of our elected officials. I've been reading hair raising economist warnings for the last 2 years that no one was paying attention to. Now I'm watching the things those economists were saying playing out on the nightly news. Anyway that's only my opinion. Happy hunting. Read the same thing... credit system is busted, lots of pain and suffering Consumer confidence is shit...
The smart bargain hunter is protecting themselves against that and targeting necessities.. My play is energy trusts and expanding into vices..
Market is down 8 trillion, and has a 100% track record of recovering. I plan on catching part of that wave...
Play it how you want, but some of your contrarians don't exactly have their head in the sand..
Bury your money in the sand if you wish, just make sure you dig it up to make rent in 4 months.
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It's a fact : Chicks dig Mafia players.
'Wanna help buy a goat?' - »www.kiva.org
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