RNO 23:07
Psychology usually works.
Augirl……….
I was just offering some help to RedOkie in an obvious time of need.
PMFEVER catch it if you can @ 23:16
Yeah, that idea will fly about as well as a dead dingo donger as the aussies would put it.. Hi aussies 
we need some music..I’ll be baaakkkkkkkkk
Russell says DOW 1000 a possibility
Thus, and it’s really incredible, the Dow rallied exactly back to the 50% Principle level. Having risen to 10725.43 on January 10, the Dow then turned down. I consider this extremely bearish action. It’s as if the market see-saw swung all the way back to the old 50% level and then turned down.
Picture a child’s see-saw. The heavy end rises to exactly its horizontal level, but it stops there. From the horizontal position, the heavy end of the see-saw sinks down again to the ground. The market can act, physically, like a see-saw.
Working again with the 50% Principle, I now see the market sinking down, much like the heavy side of a child’s see-saw. I see the Dow declining to the low from which the entire rise started. That low was the 2002 low of 7286. If the Dow does not halt its decline at 7286, I see it sinking down to its 1980-82 area, which would be around Dow 1000.
RedOkie……..And if you are lucky…….
You will be wrong enough that it is the last time you are put in that predicament. Here is a tip. If Augirl tries to recruit you for the silver shoe deal, just glue a couple of slabs of fish sides onto a pair of shoes for her, and tell her that the “aroma” is in style in OkieHoma.
gr, augirl
only voting proxies here. i’ve been married long enough to know that any time a man makes a decision for a woman, there are only two alternatives. wrong and wrong.
rno
Fullgoldcrown @ 22:50 pm
J.D. Salinger may be gone but we have Farmboy.
The Known Universe
Very Cool Video
…..Poll…….Come on 1 more vote to 100…
..make it a vote for pot and we will win the day !
..Hey Nobody feels guilty ?
…where are all the Catholics and Jews ?
Farmboy….15:20….WOW
……..saved at 1A Goldtent Rocks
silver_rider @ 22:28 pm
how bout us people with Windows XP?? Anyway - it was a good tip and I bet I could move some files off my computer using one of those anyway. Thanks!
RNO
Don’t worry, I won’t discharge the directive of searching for me a must have but thus far very elusive pair of natty silver sandals that will make my heart pitter patter..I’ll save that directive for someone I really want to torture.. and I got just the right person in mind
Computer Tip
If any of you have an old computer that is slowing to a crawl because of memory, you might want to try this. My son found that you can use a flash drive as cheap added memory. I have an older (4 year) Dell with XP Home with 512k RAM that we use for our business to print labels and my email. I used to use it during the day until after all the windows security updates bogged it down. It would crash at the drop of a hat and switching between windows and loading programs would take forever.
Windows readyboost is built in to Vista and Win 7 OS. You can find it by going in to properties of the flash drive with in the Computer window. If you have XP you can buy a program call eboostr for $29. You can use it with a maximum of 4 flash drives @ up to 4GB each (we only used one 4 gb flash). It is available as a free trial demo for 4 hours after boot up. He installed it on the old Dell and voila! it is almost as fast as my new Compaq laptop with 3gb. I can pull up and have running net dania, 10 windows, printshop, and email all at the same time. It boots up much faster. You can get a 4gb flash drive for around $10. It sure beats the $80 for only 2gb of traditional RAM that we bought to upgrade my father-in-law’s computer (it is also much faster).
The computer savvy folks probably already knew this but if you’re like me, you probably get so frustrated with the slow computer that you go out an buy a new one. I think this is what the computer manufacturers and Microsoft want us to do. I hope this helps someone.
RedOkie……….You’d better put some contextual perspective around that statement….
Lest you like shopping for shoes in a blizzard…………
augirl
for those of you who do not wish to partake of blizzards, earthquakes, tornadoes and other climes of the redneck riviera, i will be at your service to discharge your directives.
rno
Snake oil……….
Well, then look at the converse where you said that if the Fed started to monetize debt, then we would see hyper-inflation. Yet, you came back and asserted a “degree of debt monetization” in retrospect. Did you lie the first time? Or, like me, did you make that statement in some sort of context? How could my words not be stated in terms of a context when I had stated that the Dollar needed to move to between 80 and 82 to even be a “dead cat bounce.”
This is why you have earned the tag, snake oil. You constantly want to take anything anybody has to say as “black and white” if it suits your argument. Yet, you allow yourself miles of lattitude even when you have stated absolutely nothing to create any other context around your opinions. In fact, you have constantly taken the same liberties with the words of JS over the last many years. Do you remember your tainted comments/ abilities with you flogging of JS over the “notional value of derivatives?” How about your comments on “resivity” in terms of Gold and tungsten?” That is only 3 of oh so many.
When these things are pointed out to you, then you turn to some ad hoc response like “we are here to question.” That is a bunch of bull. One does not ”question” by nitpicking someone’s comments by constantly and intentionally mis-addressing what they say completely out of context. That is called subterfuge.
ferret pmfever
Its easy to say the dollar will do this or that based on current events and charts then something changes. Plus you know that the market is rigged. The dollar does look bullish right now tecnically although PMs still tecnically hanging in but just barely. From what I see dollar could rally first to 82-83. We are at the cross roads right now where people could loose money waiting for conformation. I don’t see any fundamental reason for this only manipulation of the dollar. So if it rises it will be because they want room for it to fall later and we can only speculate why.
What does “final” mean? Why should I EVER have thought that was short term?
You are totally and utterly (and arrogantly) wrong.
No wonder we can’t understand you.
Snake oil……..
That was stated within the context of a short-term scenario, and had nothing to do with any other duration expectations I have laid out. Of course, you know that but you are just trying to be the usual pain. Dream on…………
BTW, the above is no different than you having stated in the past that “if the Fed moves to monetize debt we will see hyperinflation.” Yet, the Fed has moved to monetize debt and you are still on the deflation treadmill. Rather than having hounded you for that statement, I certainly can understand the change in your wording because it did not meet your expectations when you originally wrote the words. Yet, you do not recipricate with the same common sense. So be it……………….
PMF, as you stated a few weeks ago,
“this is the final time that we see the dollar at 76″
Argentina’s Central Bank president resigns
32 minutes ago
(AP:BUENOS AIRES, Argentina) Argentina's Central Bank chief resigned Friday, saying he could do no more to protect the nominally independent institution from the president's efforts to control its dollar reserves.
Martin Redrado claimed credit for bringing Argentina monetary stability for the first time in 30 years, but said President Cristina Fernandez had disregarded this achievement while unconstitutionally ordering his removal.
"I went through all the institutional steps," he said. "Unfortunately, the government didn't do the same and disregarded the independence of the Central Bank."
The president ordered Redrado fired this month after he refused her decree to make the bank's reserves available for paying off $6.6 billion in national debt and also for spending of undefined "excess reserves" for other purposes.
A judge blocked Fernandez's decree and a congressional panel had been considering whether to approve or reject the decree.
Fernandez had urged the commission to rule quickly to help bring an end to a crisis that has rattled financial markets.
The president wanted the reserves to go to a "Bicentennial Fund," but Redrado said he refused to make the transfer to keep them from being embargoed by creditors still fighting for their money in courts after Argentina defaulted on its debt in 2001.
Redrado also argued the president could not fire the Central Bank chief without the approval of Congress, because otherwise her move would jeopardize the institution's independence from the government.
"We've reached this situation because of the constant disregard of the institutions by the national government," Redrado said.
Argentina hasn't had access to international credit markets since the default in 2001. The government wants to use bank reserves to facilitate a planned debt swap with creditors who didn't participate in a similar swap in 2005.
The Central Bank has about $48 billion in reserves.
Argentina has Latin America's third largest economy, after Brazil and Mexico.
Redneckokie/Flintstones
RNO, just so you know it looks like you’ve been deputized to Flintstone duty.. (blame it on Irish) and welcome to fun city. A request was sent to flintstoners to send their proxy votes to your e-mail at yahoo.
Thank you for your involuntary enlistment