real - Ok here we go. You wanna dance let's dance. /1/ Yes that is what the release said and do you think that is all there is to it? Do you really think they couldn't come up with the cash? Do you really think that wasn't determined prior to the deal? /2/ Do you really think that is the only deal Ray has in his Rolodex. /3/ Oil has been crushed not unlike all areas of the market except GOLD which I still own a large position in. It is a broad based realignment. There is nothing you can do about that and no one called it. It has all happened before and will happen again and your tasks and mine is to find the pathway out of it so once again you WIN. There are those that are immovable - those that arre movable - and those that move. MOVE. /4/ My review suggests that oil will base at 83-85 dollars with an utmost downside of 80-81. Many countries need oil at higher prices to make their payments - it is also anti-inflationary which is another negative - the powers that be will not allow a collapse to happen - they can't. /5/ Micro tells you micro pieces and it can be helpful and I do not mean to say otherwise - but I just do not believe that micro analysis will give you the best bang for the buck as it is just too hard. But go ahead my friend. /6/ Earthstone did hit max oversold and then jumped just as I said --- it could reverse tomorrow on market/oil weakness. The Dow/Nasty Nas/S&P are all at max oversold on my key indicator but it could break lower if weakness trumps value. I said the 9th-10th woud prove to be the bottom again with the confidence band of three days. We shall see. If I am wrong this market is in trouble. /7/ Shareholder centric managers like Ray are rare and I will ride with him unless he proves to be less than I thought. I have no reservation in that position. /8/ Tomorrow brings another market week - Mr. Market will have the upper hand as that is the way it is. Don't fight it just embrace it. /9/ BE THERE. BOO-lean
Ray will need to monetize his investment....and ours. He will go for the best deal - it only makes sense. Could there be another deal coming and already be on the table? Sure. No deal is a done deal until that deal is..........DONE. This is business and the bottom line is MAKE THE BEST DEAL POSSIBLE. Those who think this is all over had best couch their pompous attitude - pomposity tends not to be the best way to analyze a situation. We shall see - but I am adding across the market. BOO-lean.
no Cheney said we will be seen as liberators and showered with flowers - didn't that happen?????/
bc - that was a really deep and insightful post. Thank you. Tell me your take on the market and recommend a stock while you are at it. You folks with all the smart remarks never seem to have anything real to post. So - get real. I am ready. BOO-lean
get real - Bush and Cheney spent over 2 trillion in Iraq.........we gots duh money for dat we gots duh money for dat.
for my special indicator SO we should see markets reverse this week and this fits with my call for a bottoming on Oct 9-10 (with three day confidence band). Also see the IMF pushing for infrastructure investments.......trillions needed. Some c/o of the money but hey we can spend trillions in Iraq I guess we can all come up with the funds to build a crumbling infrastructure and that investment will yield a huge pay back. Boolean
COME........ing? Should be. All indices at MAX OVERSOLD RIGHT NOW so I expect the market to have made its bottom as I said last week on the 9th-10th of October (with a three day confidence band) IF NOT then the market has a lot more weakness and that won't be good for holders of equities. I still target 2100 on the S&P by the time the ball drops. A little stock rise Friday holds no water -- it can be transient so we need NEWS and we need recovering or stabilizing oil prices. Need to do some work on that now to see where we are historically and market-wise. IMF finally discussing the need for infrastructure - OF COURSE there are trillions of dollars in need for infrastructure and that would spur job growth and fill the NEED......not a want. But countries need the money WELL - you need to spend to defend and spending will drive growth and growth will drive economies and economies will drive improved disposition of its citizenry and that will drive diminished chaos and that will drive higher spending and that will drive the economy and that will mean more cash coming in to pay off debt. OK? Good. AMERICA IS LEADING THE WAY AND THAT IS HOW IT MUST BE AND WILL BE cuz we are.......THE AMERICANS. Started investing more last week taking some cash off the holding table and back into equities. Stocks are on sale. Boolean
as per my key indicator SO this week we should see the market UP just as I indicated earlier as Oct 9-10 was indicated as the bottoming time (with a three day confidence interval)..........NOW if the market does not move UP then we are in a lot of trouble as that would indicate the market has a lot more downside. SO.......hope we move UP. The infrastructure discussion by the IMF is very ON TARGET........slow to come but if this gains traction stocks like Cliffs will rock-et higher. Also watch earthstone energy a stock also at the bottom especially if oil rises finally. Boolean
just as I said would happen - yes some countries with a debt are not excited about that but the fact was trillions in infrastructure are needed and longer they wait the worse it is -- as this starts to come to reality commodities will recover briskly.
hey there is always money and the dems will want to build the economy as that will spur job growth like nothing else can -open the door for more democrat wins and set up HIllary to win -- politics will drive this as much as any thing - most politicians are self serving righ left or in between.........my work says the 9-10th would be the bottom of this drop so we shall see if next week proves me right. I still see 2100 S&P by new year's. The perfect storm smashed this stock but if they can survive 2015 is going to be huge. Boolean
Infrastructure rebuild will come in big in 2015 - it is needed and will drive world economies. Even Germany stated that they are years behind in infrastructure..........this will be the bottom and BUY IN NOVEMBER will never have as much worth as it will this year. My opinion. Many stocks pounded - my little Earthstone energy that has shareholder centric management has also been hit hard now in the oil drop yet their coming merger will be huge for them - cliffs and others are pounded and blooded but that is where the value is. Stocks are on sale. Boolean
how's your CPI aero doing????? How do you guy shares - well you buy them and then you allow a disaster management to sell the B and give shareholders a G.......they don't BUY they GUY -- and shareholders are left holding the empty basket.
too small to bring in a Carl Icahn or other power money to break up this charade --- that FACT that they just keep selling and never guy shares speaks volumes about their character and management skills. ZIP-ZIPPO.
should restart tomorrow just as I noted in my earlier posts before the week started -- my work says this is where the BULL resumes and will ride herd up to 2100 on the S&P. I did give a three day confidence interval but the 10th was the highest probability. Boolean
and living in the basement of the free clinic - not that bad really but .........not that good either...........my top bet was on tomorrow being the turn - the bottom the clunk - the end.......we shall see but some of the action I see appears to confirm it though futures are off big now......I hold to my call. Even though I said it could be a three day confidence interval I say October 10th 2014 will restart the BULL. The pain none-the-less has been.........painful. BOO-lean.