The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE! Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. | | |
08-08-2008, 08:08 PM
|
#1101 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by hi5-ive canadian dollar keeps on goin down. | It translated into almost 5% gain for me
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
|
| |
08-08-2008, 09:04 PM
|
#1102 | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by KaOsTiK just for anybody interested, IPI reports q2 earnings on the 13th..
and for one of my long terms that i got in at 0.0172...
yesterday
today
...i can't wait till they start mining their hartford site
. | wow nice breakout.. Wish I still had this one |
| |
08-12-2008, 06:40 AM
|
#1103 | Tech Mod
Join Date: Nov 2001 Location: Surrey
Posts: 2,160
Thanked 5 Times in 4 Posts
Failed 0 Times in 0 Posts
|
with the Q2 reports out tomorrow...
here's the crop reports out today: Quote:
Corn production is forecast at 12.3 billion bushels, down 6 percent from last year but 17 percent above 2006. Based on conditions as of August 1, yields are expected to average 155.0 bushels per acre, up 3.9 bushels from last year. If realized, this yield would be the second highest on record, behind 2004. Production would be the second highest on record, behind last year when producers harvested the most acres of corn for grain since 1933. Forecasted yields are higher than last year in the northern and eastern Corn Belt, Ohio and Tennessee Valleys, and northern half of the Atlantic Coast where frequent precipitation this year contrasted with extremely dry weather last year. Expected yields across the southern half of the Great Plains and the Carolinas are below last year due to drought-like conditions throughout much of the growing season. Growers expect to harvest 79.3 million acres for grain, up 350,000 acres from June but 8 percent lower than last year.
| source: http://usda.mannlib.cornell.edu/usda...08-12-2008.pdf
__________________ 2000 Acura 1.6 EL (showcar) :: retired
2003.5 BMW M3 :: sold |
| |
08-19-2008, 11:21 PM
|
#1104 | Tech Mod
Join Date: Nov 2001 Location: Surrey
Posts: 2,160
Thanked 5 Times in 4 Posts
Failed 0 Times in 0 Posts
|
__________________ 2000 Acura 1.6 EL (showcar) :: retired
2003.5 BMW M3 :: sold |
| |
08-26-2008, 09:15 AM
|
#1105 | Tech Mod
Join Date: Nov 2001 Location: Surrey
Posts: 2,160
Thanked 5 Times in 4 Posts
Failed 0 Times in 0 Posts
|
great time to short mfi http://www.canada.com/vancouversun/index.html
i believe today they've hit a new 5 yr low
__________________ 2000 Acura 1.6 EL (showcar) :: retired
2003.5 BMW M3 :: sold |
| |
09-03-2008, 01:55 AM
|
#1106 | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
| i vote this thread be moved to the business and finance forum. who else is with me? |
| |
09-03-2008, 06:58 AM
|
#1107 | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
Posts: 7,554
Thanked 4 Times in 4 Posts
Failed 0 Times in 0 Posts
|
agree
a;slkfjsd
|
| |
09-04-2008, 12:28 AM
|
#1108 | Captain Happy Bubble is my Homeboy
Join Date: Jan 2006 Location: vancouver
Posts: 306
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by Ulic Qel-Droma i vote this thread be moved to the business and finance forum. who else is with me? | yes yes move it
|
| |
09-04-2008, 08:01 PM
|
#1109 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
|
agreed
I am currently 100% cash position, cash is king right now.
Someone laughed at me because I chose US stock portfolio, while his Canadian portfolio was gaining.
He wasn't laughing anymore, and I think he has been skipping Starbucks sessions these few days
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
|
| |
09-05-2008, 08:12 AM
|
#1110 | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
Failed 0 Times in 0 Posts
|
market crashing.... i love proshares ultrashortfunds
alot of money leaving stocks and going into cash/bonds pushing 20 and 30 year bond yields down, which may speed up the housing recovery i guess i dunno
can we move this thread already, there seems to only be a handful of ppl interested anyways
__________________
asdf
|
| |
09-05-2008, 10:22 AM
|
#1111 | RS.net, where our google ads make absolutely no sense!
Join Date: Apr 2001 Location: Vancity
Posts: 995
Thanked 38 Times in 15 Posts
Failed 1 Time in 1 Post
| Quote:
Originally Posted by Ulic Qel-Droma i vote this thread be moved to the business and finance forum. who else is with me? | voted
ulic 4tw
|
| |
09-05-2008, 11:12 AM
|
#1112 | Blood tests positive for LOL mod
Join Date: May 2002 Location: World
Posts: 12,999
Thanked 1,263 Times in 325 Posts
Failed 83 Times in 18 Posts
| Quote:
Originally Posted by Ulic Qel-Droma i vote this thread be moved to the business and finance forum. who else is with me? | I put the request in
|
| |
09-05-2008, 01:05 PM
|
#1113 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by willcls market crashing.... i love proshares ultrashortfunds
alot of money leaving stocks and going into cash/bonds pushing 20 and 30 year bond yields down, which may speed up the housing recovery i guess i dunno
can we move this thread already, there seems to only be a handful of ppl interested anyways | I have FXP 85 calls
Sold them this morning and I think I will start building a Blu Ray collection
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
|
| |
09-05-2008, 02:42 PM
|
#1114 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
|
holy shit Treasury is about to back up Fannie and freddie
Watch for the bloodbath Monday, FNM already down 13% AH
edit: 25% down now. Nice job covering the news, Treasury.
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
Last edited by wouwou; 09-05-2008 at 02:57 PM.
Reason: numbers
|
| |
09-05-2008, 02:50 PM
|
#1115 | Moderator
Join Date: Nov 2004 Location: here & there
Posts: 4,654
Thanked 298 Times in 131 Posts
Failed 9 Times in 5 Posts
|
Moved. 10charrrrrrrrrrrrrrrrr
__________________ Moderator Vancouver Automotive Chat | Vancouver Off-Topic
__________________ REVscene.net - Vancouver's #1 Automotive Forum and Classified's Site!
Interested in advertising with REVSCENE? Join our roster of Brian Jessel BMW, EBISU Robson, Blitz Gear, Soundworks, and dozens of the Lower Mainlands BUSIEST and most SUCCESSFUL small and medium businesses! Let us take you to the next level with our Incredibly affordable and effective packages Advertisement@revscene.net |
| |
09-06-2008, 08:20 PM
|
#1116 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
|
Holy shit
I just heard a friend of mine is on margin, and is LONG on FNM
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
|
| |
09-06-2008, 10:37 PM
|
#1117 | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
Thanked 1 Time in 1 Post
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by wouwou Holy shit
I just heard a friend of mine is on margin, and is LONG on FNM | That's gonna hurt! I am guessing it will drop more than 50% on Monday Morning. I am not surprised if Freddie traded below $2 and Fannie below $3
Holy.. I hope your friend didn't put it too much money on Fannie!
|
| |
09-07-2008, 10:47 AM
|
#1118 | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
Thanked 120 Times in 63 Posts
Failed 24 Times in 10 Posts
| Quote:
Originally Posted by wouwou Holy shit
I just heard a friend of mine is on margin, and is LONG on FNM |
Not necessary a bad thing, *depending where he got in* imho. Those 2 are too heavily backed by the Feds to have any issues with them. (if they go under 1.3trillion dollars of insured-mortgages go down the tube.) http://en.wikipedia.org/wiki/William_H._Gross
Bill Gross has over 60% of his bonds in Fanny and Freddy, that does tell you something.
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | |
| |
09-07-2008, 07:40 PM
|
#1119 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by Gt-R R34 Not necessary a bad thing, *depending where he got in* imho. Those 2 are too heavily backed by the Feds to have any issues with them. (if they go under 1.3trillion dollars of insured-mortgages go down the tube.) http://en.wikipedia.org/wiki/William_H._Gross
Bill Gross has over 60% of his bonds in Fanny and Freddy, that does tell you something. | In theory yes, except he's on margin and I fully expect FNM to open below $5 tomorrow.
Nothing beats a margin call
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
|
| |
09-07-2008, 11:21 PM
|
#1120 | I STILL don't get it
Join Date: May 2001 Location: van
Posts: 496
Thanked 23 Times in 6 Posts
Failed 0 Times in 0 Posts
|
the market is set to rally....hard
__________________
asdf
|
| |
09-08-2008, 04:46 AM
|
#1121 | Where's my RS Christmas Lobster?!
Join Date: Dec 2001 Location: ¥P¥x¥«
Posts: 865
Thanked 0 Times in 0 Posts
Failed 0 Times in 0 Posts
|
Fnmfnmfnmfnmfnm
|
| |
09-08-2008, 09:11 AM
|
#1122 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
|
Opened at 1ish, so I guess I am not getting into JPM any time soon
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
|
| |
09-08-2008, 12:11 PM
|
#1123 | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
Thanked 120 Times in 63 Posts
Failed 24 Times in 10 Posts
|
flipped Fanny for a couple of days of steak dinners.
SO volitaile. 483million share traded.
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | |
| |
09-08-2008, 01:50 PM
|
#1124 | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
Posts: 862
Thanked 1 Time in 1 Post
Failed 0 Times in 0 Posts
| Quote:
Originally Posted by Gt-R R34 Not necessary a bad thing, *depending where he got in* imho. Those 2 are too heavily backed by the Feds to have any issues with them. (if they go under 1.3trillion dollars of insured-mortgages go down the tube.) http://en.wikipedia.org/wiki/William_H._Gross
Bill Gross has over 60% of his bonds in Fanny and Freddy, that does tell you something. | On margin is not a bad thing?
Not bad until your stock is down 89+%! Average margin account interest is about 6-7% annually.
Basically the FNM position is a "write-off". In order for $1 to bounce back to $5.. you need 500% gain! While you wait for that, you have to pay interest on the margin.
Hope that he only have invested few thousands in FNM.
Last edited by McDick; 09-08-2008 at 01:55 PM.
|
| |
09-08-2008, 02:13 PM
|
#1125 | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
Thanked 160 Times in 74 Posts
Failed 57 Times in 18 Posts
| Quote:
Originally Posted by McDick On margin is not a bad thing?
Not bad until your stock is down 89+%! Average margin account interest is about 6-7% annually.
Basically the FNM position is a "write-off". In order for $1 to bounce back to $5.. you need 500% gain! While you wait for that, you have to pay interest on the margin.
Hope that he only have invested few thousands in FNM. | Yeah, a few thousand on the Margin. He is panicing right now. Personally I dont think FNM will EVER bounce back above $2 without any news from the US Gov't. Wait till it hits .3 and get de-listed LOL
FNM is sitting on .74 AH, I might get some and see if it will have a BSC thing depending on the tradings, but the market is so freaking volitile these days I feel really uneasy trading, especially the financials since nothing has changed and the underlying market conditions remained largely the same.
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
|
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | All times are GMT -8. The time now is 06:32 AM. |