Wow, I can't wait to see his next pick - His one million shares could have been used to buy the Cubs after the Ricketts sell.
Prime, you must be having one of your best days ever. I bet you couldn't sleep this weekend knowing the gov't may shut down today. Heck, if the gov't defaults you might actually be fun to be around. People thinking this will be a disaster for the economy are nuts. This will be a two day event at most!
Why would an airline need more pilots if the economy was going to tank? Because it's not! Look at the drybulk index and the PMI indexes.
Oh, Amazon will be hiring a record 70,000 part time help at x-mass - must be bad out there right Sage and Prime?
That is funny you questioning my credibility over the last 4 years. I think we both knew who has been right on Tol and the market the since 2010. I'll let you post your scare tactics, I don't need to be loved like you do. How is your portfolio doing all in cash?
The index has doubled in the past month with the larger ship index tripling - that is a little? Give me a break dude.
I agree with that. My take on the bdi index was the velocity on how much it has risen the last month and when you combine the PMI, China PMI, and Europe improving I think we have enough evidence that the economy is picking up. Of course gov't can always screw that up, but like I've said previously "they are not that stupid".
Just stated on CNBC that the stock market is high and could sell off. I tell you, how did we elect these idiots on both sides?
Gas prices under $3 soon which will start improving consumer confidence and override any effects of the shutdown.
I saw my first sign of panic the last 1/2 hour so we might be able to get the weak hands out soon. I can't believe these people on both sides are so cold that they would send the economy in depression. The gov't workers are due paychecks starting 11 Oct so we might have a couple more days at best.
Both sides need a market correction in order to stop this madness. Corrections like these are helpful to see how many weak hands are in the market. It gives you a good idea of the froth.
Republicans took the worst month in the Obama presidency and flushed it down the drain. They will be lucky if they retain 200 seats next fall.
I'm sure China has no problem losing 1.2 trillion. I would imagine they would say it's ok - no big deal!
maybe a contrary indicator?
They've been doing the reverse
just saying, you make 1 lucky call like the woman in 87 and then Whitney in 2007 and now you are God
Well then next time be better prepared.
And I'm not talking about shampoo!