keep noticing how they come back under a "new name" and repeat more rumors, then encourage you to sell for dirt cheap..........they are hooked up to an investor who is heavily investing in this stock, and they want the price to hit rock bottom as they buy into it....... that's how they make the most money.
they are responsible for this crash,... their "gang" caused it.......... it happens all the time these days.
after they decide which stock they want to invest in, their gang of players dominate and take over a message board with "rumors" and "lies" and get a big "scare" going,....... the "scare" creates a "sell off" that they play as they scoop up the stock at unbelievably low prices.........they deny they are doing that, and continually change their name, so as not to get traced back to the investment firm, and get busted.
there is nothing wrong with this stock, it just had record earnings again.......that's why they are playing it.
as soon as everyone gets wise to what is happening, and quits selling, they are forced to let the upward price movement begin, since they are heavily invested in it and want maximum return.
supply and demand....... quit selling,....they are already heavily invested in this stock by now, and still want more.........they will buy the rest at this ridiculously low price and the price will start the slow upward movement........ then they will promote this stock, since they are heavily invested in it, to get maximum returns............... go along for the ride back up with them,...........stop selling......... look at the 6 month graph........don't sell till it gets near the last peak or higher........this stock keeps having record earnings, that's why they are playing this one...... they know they can drive it right back up after they buy in.
right now they are going to continue to "bash" this stock, as they are still buying.
come talk to them, and see that they are just snakes who have to keep changing their names so as not to get busted.
Bush declared Florida a disaster area even BEFORE the storm hit. He will be pouring federal assistance into Florida putting lots of people to work, Rove has it figured out.Watch contracts to Florida companies, JBL, DHB, name others?
I know the "experts" are not always right but, why then do they not agree with your extremely long winded response. It is there job to analyze this company and they seem pretty confident. I guess in three months we will begin to see who is correct.
A little humor is needed sometimes.
The only way it affects the market is via the next election. Florida, in my opinion, again will determine who is president. If the people of Florida think the nincompoop does a good job, as President, with the aftermath it could help him and his re-election. If the nincompoop does a bad job it would hurt him and his re-election. I don't want to go into which administration is better(go nincompoop) but the policies of one (go nincompoop) administration over another (go nincompoop) could impact the market and ERES, and Florida probably (go nincompoop) will decide it. I am, however, staying totally neutral.
I hope everyone can handle a little humor on this slow Saturday. LOL
shocked the market two weeks ago (as well as the dismal jobs numbers that were reported for July). The big jump in the trade deficit reported on Friday will likely force a further downside revision.
For now the markets and Washington are more interested in shorter-term issues like who will win the election, whether the Fed was right that the �soft spot� in the economy in June was just a one month aberration, whether the Fed will raise interest rates again, whether inflation is on the rise, etc. And those situations remain uncertain and mixed. For instance, the University of Michigan �s closely watched Consumer Sentiment Index fell only slightly in August. News on the inflation front was excellent, with the Labor Department reporting Friday that the Producer Price Index, which measures inflation at the producer level, rose only 0.1% in July.
But some day the focus is going to have to change to the longer view and these massive trade deficits, and record Federal budget deficits. They are very serious and are still headed seriously in the wrong direction.
Sy Harding is president of Asset Management Research Corp., DeLand, FL, publisher of The Street Smart Report Online at www.StreetSmartReport.com and author of 1999�s Riding The Bear � How To Prosper In the Coming Bear Market!
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ANOTHER RECORD TRADE DEFICIT!
Friday the August 13, 2004. (Not a good day)
Americans still prefer foreign products to those made in this country. Month after month when auto sales in the U.S. are released, those of Mercedes, Jaguar, Toyota, Volvo, usually show nifty increases, while sales at Ford and General Motors either decline or have had their sales propped up by massive discounts and rebates. When retail sales are announced, WalMart, with its shelves dominated by the products of China , Taiwan , and India , usually leads the way with the largest sales increases. And of course the U.S. runs its autos and heats its homes and businesses primarily with imported oil.
But consumers in foreign countries, who once admired U.S. products and seemingly couldn�t get enough of them, are no longer as turned on by �Made in America � labels and popular U.S. brand names. Coca Cola and McDonalds even received bomb threats recently in Argentina serious enough that the Argentinian courts ordered additional security at Coke�s plants there.
Small wonder then that when the Commerce Department announces the monthly international trade numbers, the U.S. suffers a huge and growing trade deficit. That is, the U.S. imports far more foreign products than it is able to export of U.S. products to foreign countries.
It wasn�t but a few years ago that it was a shock to economists and Washington when the trade deficit rose above $10 billion for the first time. Yet for the last several years the deficit has been hitting new record highs almost monthly, with hardly a ripple of alarm being raised. But on Friday, the numbers for June were released, and should not be ignored. The U.S. trade gap widened by a shocking 19%, to $55.8 billion, from May�s already record $46.9 billion. Economists had forecast a slight increase of less than a billion.
The value of U.S. exports declined 4.3% in June, the biggest monthly decline since the month of the 9/11 terrorist attacks.
Based on the first six months of the year, the deficit is on track to exceed $500 billion for the year. Is that a lot of money? A meaningful amount to the economy? Well consider that the two largest U.S. companies, Microsoft and General Electric, have total annual sales of $144 billion, and $36 billion.
According to the minutes of the Fed�s FOMC meeting in June, which were released on Thursday, the Fed was already concerned in June about how the U.S. could sustain its �current account deficit� with foreign countries. This latest big jump in the trade deficit means still more money has flowed from the U.S. to foreign accounts.
Economists had just recently been lowering their forecasts for U.S. economic growth in this quarter and for the rest of the year, as a result of the spike-up in energy costs that
Can you see, accumulation, distribution & liquidation on the chart?
Market likes to give a SHORT haircut to the LONGS
We need gap down opening, mass liquidation to form an ultimate bottom.
Chart says it all, we are going South all the way to Florida. Florida is not a good picture.
The only way it affects the market is via the next election. Florida, in my opinion, again will determine who is president. If the people of Florida think Bush does a good job, as President, with the aftermath it could help him and his re-election. If Bush does a bad job it would hurt him and his re-election. I don't want to go into which administration is better(go Bush) but the policies of one (go Bush) administration over another (go Bush) could impact the market and ERES, and Florida probably (go Bush) will decide it. I am, however, staying totally neutral.
I hope everyone can handle a little humor on this slow Saturday. LOL
I don't see how this can in any way be compared to 9-11. This was an act of nature and may not be repeated for 50 years.
I don't see where it would affect the markets much, other than insurance companies.
PS: Although my profile still says Sarasota, in fact I moved south from there a few years ago and the center of the storm missed me by about 25 miles. Just far Enough not to cause any damage. But it's as close as I ever want to be. 10 miles south of me there is considerable damage. Iam 30 miles north of Punta Gorda, which got hit the worst.