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Interesting Times

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  • 'The U.S. Is Broke' [View article]
    ok, let's try this !!

    Explain why the market had a 300 point swing today? The FED !!

    Time to do some homework !!
    Mar 18, 2015. 04:51 PM | Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter-113... [View instapost]

    Stocks stage sharp turnaround, yields dive following dovish Fed news !!!!!!

    The DJIA (DIA +0.5%) has turned a 100-point loss into a 100-point gain following the overall dovish message from the Fed, in which the FOMC dropped "patient" from its policy statement, but the projections for growth, inflation, and the pace of rate hikes were all cut from the previous estimates.

    The S&P 500 (SPY +0.6%) and Nasdaq 100 (QQQ +0.5%).

    The 10-year Treasury yield has dipped all the way to 1.99%. TLT +0.8%, TBT -1.6%


    "but the projections for growth, inflation, and the pace of rate hikes were all cut from the previous estimates." VERY IMPORTANT !!!
    Mar 18, 2015. 02:32 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter-113... [View instapost]
    Check the FED wording. Inflation is low, in fact we might have deflation. They expect a lower GDP. No good news in that speech other then letting everyone know to relax. NO HIKE IN RATES !!
    Mar 18, 2015. 02:24 PM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter-113... [View instapost]
    WHAT A SHOCK..THE FED SAYS NO INTEREST RATE INCREASE. THE MARKETS LOVE IT, THE METALS LOVE IT,

    "PATIENCE" WAS TAKEN OUT.

    THE FED IS CORNERED..WHEN WILL EVERYONE SEE THIS ??

    Were in another recession folks, the new jobs were pathetic. No where near a great improving economy..so the markets are climbing because they know the FED cannot increase any interest rates.

    This is a sick market, and one day will decline . I am still going to be sitting this one out except for a small new position in an ETF .

    But make no mistake this is a bogus market. I will take the metals recovering though. It should be easy sailing all year now. We do have an election next year !!
    Mar 18, 2015. 02:20 PM | 1 Like Like |Link to Comment
  • EIA Petroleum Inventories [View news story]
    Hold onto your hats as we approach $40 bucks !! This drop is far from over. The Saudi's will see to this ...
    Mar 18, 2015. 11:49 AM | Likes Like |Link to Comment
  • 'The U.S. Is Broke' [View article]
    How can you be broke when you can print your own money , as much as you want ?

    We have been doing this it seems forever..

    We will never be broke with a Fed . The game is fixed !! Now if the sheeple wake up then the gig is over. Not holding my breath for that day to ever happen though..
    Mar 18, 2015. 11:46 AM | 20 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter-113... [View instapost]
    Glad to hear the good news. Sounds like it's going to work out..

    Happy to hear when a person takes a chance in life.. Tell the better half to keep up the good work:)
    Mar 18, 2015. 11:35 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Markets Await Fed Policy Decision [View article]
    JC

    As you know some of those "free" cards are only "free" for a short period of time..

    I love the points on AMEX for freebies. The business card adds up quickly . I can show you my "free" sound system if you'd like..
    Mar 18, 2015. 09:20 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Markets Await Fed Policy Decision [View article]
    DC

    So if were waiting on the wording from the FED are we investing or gambling today ??

    Boy the rules have changed in this game for sure !!
    Mar 18, 2015. 09:16 AM | 4 Likes Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter-113... [View instapost]
    AL

    If your saying the FED isn't political i have to disagree with you..

    I think just the opposite..
    Mar 18, 2015. 09:10 AM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter-113... [View instapost]
    Al

    So since the wording of the FED can change the direction of the market, are we investing or gambling ??
    Mar 18, 2015. 08:48 AM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! THE CHALLENGE ,PART 6.. [View instapost]
    Al

    Thanks, and thank you OW !!

    I have a small position in it !! Never sold the profits as i asked a while back.
    Mar 18, 2015. 08:46 AM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments!! THE CHALLENGE ,PART 6.. [View instapost]
    I will give credit , where it is due..Might have been OW !!

    Honestly, i don't remember...
    Mar 18, 2015. 08:09 AM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter-113... [View instapost]
    Oh, and i was Officiating as well. Was a busy beaver when i was healthy !!

    Any interest in investing ? lol. GREAT tax write off since you can depreciate the horses. Most don't know that ! Half of my investors did it solely for this reason. Horses made a profit annually and the business takes a loss?

    That is why i suggested a while back having a great tax accountant. Didn't hurt she owned horses as well, and once worked for the IRS !!

    Here is the track we use to race at..

    http://bit.ly/1GWt7rq

    The itch is back to start the hard work over. Now i need to find the investors... My trainer is still doing fine. Marc Marashian is his name if you look up his stats..

    Wife isn't too happy as it has gotten tougher to find good horses to claim, and the added fact of synthetic drugs some trainers use.. But she loves the horses and the business trips ( yes a write off )..

    Go to Florida, hit the track, talk to some officials, write it off.... Legal !!
    Mar 18, 2015. 08:02 AM | 1 Like Like |Link to Comment
  • Interesting Times For All Commodities And Investments !! Chapter-113... [View instapost]
    The market is way overdue for a correction. I would like to enter again . So wishing it would happen already.

    Yes, i will buy on a decent dip. These small ones don't interest me as i have neither the time left in life nor the amount of money to invest to take advantage of 2% drops..

    Now give me a 10 to 15% drop ??
    Mar 18, 2015. 07:56 AM | 1 Like Like |Link to Comment
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