"yeah, those declining oil prices in 2008 did wonders effective march 2009 after oil dropped from well over 100 to 30, and the markets rose again only when oil started back up. but lets's forget that part, eh doofus?"
[Gee, you are absolutely right - except for subprime crushing housing at the time, you moron. Do we have subprime crushing housing now? Well, do we, dufus?]
"$1,000 per month seems about right and reasonable for transportation.
This subsidy is not a big deal for the wealthy but it is a big deal for a citizen who gave up a job to become congressman."
[Surely, you jest. You are going to try to make the case that it's a financial hardship to be a Congressman??? These guys have given themselves pay raise after pay raise while cutting benefits for kids, the working stiff and veterans. Their benefits after leaving the job are enormous. Do they need yet another subsidy? Hell, no.]
"Poor Wally, I, for one got the precise short term correction I was looking for, a drop to spy cash $198.00 and the QQQ at 100.00. as noted yesterday, the easy money on the sqqq longs was over. "
[Yeah, good luck on being a day trader since you obviously have no skills at the medium to long term, Twinky.]
The Intel board poster known as Lucy has once again been named Worst Paid Shill Boss of the Year by the Stock Manipulation Society of Greater New York. While no one thought that he could exceed the skunking he got in 2013, he has managed to surpass that in 2014 with an even smaller impact on the stock and even less credibility than last year.
Come Christmas morning, Lucy can expect not the big bucks bonus he covets in his stocking but instead several lumps of coal and a note from his boss saying, "We have to talk."
None of these will offset the positive impact that lower gas prices will have on US consumers. If I'm wrong on this show me some support for it being wrong. It's like a middle class tax cut and a lower class tax refund that doesn't come out of the Treasury. The Republicans on Wall Street hate the idea of a tax cut that they doesn't go 97 percent to them.
Funny how they thought they could omit the "the Steering Wheel" object of that line. A promising career in marketing goes up in flames - or maybe into the ditch over ice.
I bet someone had to explain the whole thing to Grandpa Tiglet.
They never got the correction they wanted so of course they are going to continue to promote every possible "the sky is falling" concept that's out there. But selling the idea that low oil prices are bad for the economy???
What kind of stupidity is this? It greatly increases disposable income for the greatest percentage of Americans.
This is even more stupid than the last concept they tried to sell which was strong economic recovery is bad for the stock market.
No wonder these people have to come up with corrupt and illegal schemes to make money. They can't think their way out of a wet paper sack.
"One of these days, it will fall, keep falling and it will trigger all of the stops."
[Or it won't and you will continue to be the board buffoon. Gee, the stock is at $35.56 again. Isn't this where you started your completely erroneous ranting and raving last time only to watch as the stock went back to this level and up beyond that? You must have no short-term memory or you would beat your head against a concrete wall to stop yourself from posting all of this continuous and erroneous daily garbage.
You and Twink are the only people I know for whom stupidity is self-inflicted.]
"I pointed out the SQQQ vs INTC comparisons because SQQQ did really well during the 2 week time period you chose. Your comments did not however reflect the drop from $46 taken right before."
[Twink only mentions trades when he has guessed right. This is why we so rarely hear about them. And he will never mention facts like you presented.]
"@walls: You really are too simple minded to understand. You think whoever is president gets the blame or praise for all economic conditions. You are a certifiable fool. However, everyone on this board already knows this."
[LOL, I'm simple minded but you are the one who has no rebuttal other than name calling. And there is nothing that conservatives haven't blamed on Obama. Take a break, pinhead. You don't have the intelligence or writing skills to compete in this forum. I'm tired of boxing your ears.]
"So, these, plus many other statements have confirmed to me that he is intellectually a light-weight. If the economy does well it has nothing to do with Obama. You need to learn to stop worshipping politicians."
[Funny, I was judging by the results. I guess results are relevant to you and apparently are not relevant to any conservative. The only thing that is apparently relevant is your ideology which you think trumps results and facts.
I never have and never will worship any politician - and I've never said anything to that effect. This is just another example of you just making things up because you are not bright enough to marshal a real debate.]
"the world is porting to ARM -" True...
[No, the world ISN'T porting to ARM. Otherwise the stock wouldn't be 12 bucks below its 52-week high. ]
"Tell me now, how's it feel to know an idiot like dnenni is over-qualified for your job. Even dnenni has a degree. With no degree, why do you bump up your status to someone who understands semiconductors ?? You don't know squat about semiconductors !!!!!!"
[Hahahahaha. You're excited about Nenni's 2-year degree in electronics. That's priceless. One pinhead trying to pump up the other pinhead.
Let's see how much lower we can make the bar for Nenni. It's already just off the ground. Especially for a self-professed semiconductor icon.]
Unbelievable. Toss the money-grubbing bums out.
The football welcher is back in town. Well, Twink never actually went anyplace - he has just switched back to his football welcher ID, duhboyzarebackintown.
He apparently thinks that he is fooling people with his long list of user IDs and also thinks there is nothing dishonest about welching on football bets or using multiple IDs. In short, he is pathologically dishonest.
Congratulations, pinhead, on crowing about something that makes you look even more like you have no redeeming features.
"the market was doing quite well from march o9 till October 2007, the fed actually then started raising rates and, only then did the value of your California shack collapse, then the fed had to backtrack, and not only drop rates but enter into quantitative easing. the fool presently in the white house did squat and knows zilch about economics"
[That blurb Indicates that you know nothing about:
2.) Who caused subprime.
3.) The real estate crisis.
5.) Housing or
The economic disaster has been largely resolved under "fool presently in the white house" whose team obviously knows a lot more about economics than either you or Bush's team.
Come on, pinhead - give credit where credit is due. Everyone on the planet outside the Tea Party admits how impressive the US economic recovery has been and continues to be. You're just bitter because you blew out of Intel and the market way too soon because you bought into your own malarkey.
Maybe you shouldn't get your news from the Russian media. ]
RUSSIAN RATE-HIKE STUNNER
Russia just raised interest rates to 17% from 10.5%.
According to a statement from Russia's central bank, Russia has taken its key interest rate to 17% from 10.5% in a stunning decision made after the collapse of the ruble on Monday.
The Bank of Russia's statement said the decision was driven by the need to limit significant devaluation in the ruble and inflation risks.
The announcement was made at 1 a.m. local time in Moscow.
Last Thursday, Russia hiked rates to 10.5% from 8% in an effort to combat inflation, which rose 9.1% year on year in November.
This surprise announcement from Russia comes after the ruble got absolutely crushed on Monday, losing more than 10% of its value against the US dollar, as the ruble fell to below 64 against the dollar on Monday; earlier this year, one dollar bought about 35 rubles.
Russia's Micex stock exchange also fell by about 10% on Monday as the financial situation in that country continues to deteriorate amid the declining price of oil and the devaluation of its currency.
And earlier this month, Russia's economy ministry projected GDP would contract by 0.8% in 2015. In other words, Russia is falling into recession.
Here's the almost unbelievable chart of the ruble's decline over the last year:
(Twink was apparently unable to bring this up on his Etch-A-Sketch)
From Yahoo Finance
getanid61, not a surprise that when the facts don't suit your purpose, you feel free to make things up.
Gee, it was just a year ago that you couldn't shut up about ARM hitting new 52-week highs.
Apparently, you have absolutely no educational background in semiconductors OR investing.
And Nenni doesn't even have an education recap. Nor do you.
"This country is dumb enough to elect Obama - so the world should laugh at us."
[So, you preferred the stock market, employment, housing and economy under Bush? Then we should laugh at you.]