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Joined: 6/13/2011
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What you use and how do you measure the stock market in a hard currency?
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Joined: 1/28/2005
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I use Krell Metal.
(one of the heavy metals)
Thanks
diceman
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what hard currency?
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QUOTE (ben2k9) what hard currency?
What stock market? 
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Joined: 2/21/2007
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That thing on wall street with all the red figures
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Registered User
Joined: 6/13/2011
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QUOTE (diceman) I use Krell Metal.
(one of the heavy metals)
Thanks
diceman
Please lets stop the nonsense. You are confusing folks. It isn't fun...
Just curious is that Krell metal from Kripton? Superman buckle?
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QUOTE (ben2k9) what hard currency?
don't know, I suppose you have to take a pick.
The diceman said Krell. I believe that is the choice of superheroes. If it works for them, it must work for us.
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QUOTE (johnlc) That thing on wall street with all the red figures
Oh well, finally someone making sense here.
How are you John?
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QUOTE (Bill Baker)
Just curious is that Krell metal from Kripton? Superman buckle?
You dont know?
Wow, I thought you were one with all the answers.
Thanks
diceman
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QUOTE (Bill Baker) QUOTE (johnlc) That thing on wall street with all the red figures
Oh well, finally someone making sense here.
How are you John?
Nervous as anyone who has long term assets. Another 2 or 3 yr. downturn, or worse, devastating. Sure we all can play shorts and do what ever with trading accts. But when the majority people are invested with mutual funds, 401ks, pensions and any other retirement accts. these downturns can be catastrophic. Hoping D.C. will make the right moves, russian roulette would have better odds. They did real well with social security payouts recently, 8 billion (BILLION) in improper, unknown, illegal payouts. No problem making up that minor error. There just seems to be a sense of hopelessness, in that no matter who , what, when, where, that nothing will ever change our country's economy for the better. I've been trading forex for several months now, trading against the USD. It's working, unfortunately. Who was it that said, I love my country, but I hate my government? They couldn't have been more right. Good luck to all with your future.
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QUOTE (johnlc) QUOTE (Bill Baker) QUOTE (johnlc) That thing on wall street with all the red figures Oh well, finally someone making sense here. How are you John? Nervous as anyone who has long term assets. Another 2 or 3 yr. downturn, or worse, devastating. Sure we all can play shorts and do what ever with trading accts. But when the majority people are invested with mutual funds, 401ks, pensions and any other retirement accts. these downturns can be catastrophic. Hoping D.C. will make the right moves, russian roulette would have better odds. They did real well with social security payouts recently, 8 billion (BILLION) in improper, unknown, illegal payouts. No problem making up that minor error. There just seems to be a sense of hopelessness, in that no matter who , what, when, where, that nothing will ever change our country's economy for the better. I've been trading forex for several months now, trading against the USD. It's working, unfortunately. Who was it that said, I love my country, but I hate my government? They couldn't have been more right. Good luck to all with your future. .
My very first stock purchase was in IBM back in 95. Paid 86.00 a share. It has since split 2 for 1 twice.
Ford, was trading at around a buck or two early 2009. The fact they refused federal dollars in the height of a financial crisis spoke volumes. I was in platinum screaming that ford has a better idea....capitalism. Grabbed a couple thousand shares at 2 and change. GE. Was trading in the 7 dollar area...Did you buy 'em? How about Citibank for 3?
America been through this crap before and always came roaring back and she'll come roaring back again.
Keep the faith.
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QUOTE (johnlc)
Who was it that said, I love my country, but I hate my government?
Me.
QUOTE (johnlc) They couldn't have been more right..
I would agree. (but I'm biased)
Thanks
diceman
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I am sorry to hear you long term investments are not doing good, or as secure and good as we all would like, John.
The market had a good run the last 2 yrs. Fake, but nonetheless the numbers count.
I feel you on that pesimmist / realistic note that you put down in your writting about the future of this country. I must say that I was absolutely astonished about the fact that noone protested in this country about the banks bailouts, and about the fact that noone went to jail for gambling with so many billions of dollars from pensions, 401k's, etc irresponsibly invested in derivative vehicles as the CDS.
You know, if you allow it once then it sets a precedent and then we all know what happens.
The last 2 yrs of the markets in particular have been of the more inflated ones via QE by the Feds.
The Feds are a disgrace to this country - read "The creature from jekyll island".
As a fact the only people who have benefitted from QE's are the banks, institutions, and large commodities speculators. The same people that were bailed out by hard working americans - who by the way when they play the markets and lose their fortunes are sent home with the tail between their legs. No bailout for them.
I suppose if people allow, that is what it will be.
In getting back to my initial topic here. What I was getting at with the hard currency is a well known concept.
What? Hard currency - GOLD - that is the standard and always has been until know. NO god damn krell.
How? - The Dow / Gold ratio. That standard give you a very realistic valuation of the market.
Take a look now - anyone? Your Dow 12,000 is more like Dow 5000.
Who said double deep recession? We haven't got out of the hole yet, we are just digging it deeper.
Certainly "The Magic Fed" has a magic camuflage cloth to cover it everyday so your average american can't even tell there is a hole there.
You got to love those Feds for what they are - magicians working for the richest.
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QUOTE (Bill Baker) QUOTE (ben2k9) what hard currency?
don't know, I suppose you have to take a pick.
The diceman said Krell. I believe that is the choice of superheroes. If it works for them, it must work for us.
you're the one asking...
to measure the market against another currency just pick your currency then find a charting program that can divide one chart by the other...set chart one as the market, and chart two as the currency (Euro, Krona, Gold, etc).
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QUOTE (ben2k9) QUOTE (Bill Baker) QUOTE (ben2k9) what hard currency?
don't know, I suppose you have to take a pick.
The diceman said Krell. I believe that is the choice of superheroes. If it works for them, it must work for us.
you're the one asking...
to measure the market against another currency just pick your currency then find a charting program that can divide one chart by the other...set chart one as the market, and chart two as the currency (Euro, Krona, Gold, etc).
lolo. We must have been posting concurrently.
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QUOTE (ben2k9) you're the one asking...
You’ve heard of Batman’s arch-nemesis, “The Riddler”?
He likes to ask riddles, not answer them, than attack the answer he gets.
Thanks
diceman
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QUOTE (diceman) I use Krell Metal.
(one of the heavy metals)
Thanks
diceman
That was your anwer to my original question. Do you find that to be a riddle? Did you answer the question? Did you attack my question?
It seems to me that all questions above have a capital "Y" in them.
I intent to engage people in my topics so that something can be learned by someone.
IF I am not mistaking, questions are a good way to engage a subject.
If you don't see it that way, I respect your view. And if you don't like my posts, then please feel free to refrain from answering. I think it is easy enough.
I don't know everything and that is why I ask. Perhaps - is it possible that there are other methods? I like to know. In this case I ask about that. It isn't that I didn't know how (in some way). What was is that I wonderded if anyone does it diferently.
In your case you use "Krell". lolo. if that is what works for you then Krell it is.
Can you elaborate a little more on how you use Krell?
Thanks.
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QUOTE (ben2k9) what hard currency?
Seems like Im not the only one who see riddles.
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America been through this crap before and always came roaring back and she'll come roaring back again. Keep the faith.[/QUOTE]
True, we have. But now we have a world wide market place. Quite a difference from the past. What we are looking at is the baby boomer generation retiring. Without going into all the facts and figures which I certainly do not know, suppose now that the millions of boomers have to work longer, now jobs are not as plentiful to the new college grads. TIME is the problem. If you are 40 or 50 then another downturn is somewhat acceptable and recoverable. If one is 60+ then another 3 to 5 yr. downer is a big problem. I would bet that of the boomers, a larger % did the usual investment, retirement plan. Find a reliable firm to invest your acct. in mutual funds, bonds, disperse your funds for a safe secure retirement portfolio. How many really felt the need to learn to trade the wall street trends, long and short? Maybe a very small %. Well the greedy wall street bastards just screwed an entire generation. American manufacturig usually could fight its way thru D.C.'s incompentency, but now there is no more American manufacturing. Bend over.
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QUOTE (johnlc) America been through this crap before and always came roaring back and she'll come roaring back again. Keep the faith.
True, we have. But now we have a world wide market place. Quite a difference from the past. What we are looking at is the baby boomer generation retiring. Without going into all the facts and figures which I certainly do not know, suppose now that the millions of boomers have to work longer, now jobs are not as plentiful to the new college grads. TIME is the problem. If you are 40 or 50 then another downturn is somewhat acceptable and recoverable. If one is 60+ then another 3 to 5 yr. downer is a big problem. I would bet that of the boomers, a larger % did the usual investment, retirement plan. Find a reliable firm to invest your acct. in mutual funds, bonds, disperse your funds for a safe secure retirement portfolio. How many really felt the need to learn to trade the wall street trends, long and short? Maybe a very small %. Well the greedy wall street bastards just screwed an entire generation. American manufacturig usually could fight its way thru D.C.'s incompentency, but now there is no more American manufacturing. Bend over. [/QUOTE]
My retirement. Account is managed by Bank America Merrill Lynch and I give them a huge thumbs up. They really saved my butt in 2008 by going over weight in fixed income...Us treasuries in the fall of 2007.. Because of Merrill Lynch I would strongly argue that Bac is way under valued at 11.00 bucks . So if your horizon is more than 3weeks this stock will double. My gambling money is with tdameitrade.
Forget about manufacturing, Americas future is and will be about services. IBM is a great example.
Was a nice chat ...off to work I go.
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