Time to watch the Market for a correction
Time to watch the Market for a correction
I would really like to visit KIWI country some day, (off topic Whats the weather like there now?)
I think we will eventually find out there is more exposure to the EURO then to Greece specifically.
I doubt China has anything to do with Greece. Man they grew leaps and bounds might just be time for things to slow down.
I think we will eventually find out there is more exposure to the EURO then to Greece specifically.
I doubt China has anything to do with Greece. Man they grew leaps and bounds might just be time for things to slow down.
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
Time to watch the Market for a correction
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
Time to watch the Market for a correction
Hmm!!! I still have not been able to get along with one wife much less several of them. That was kind of off article for the subject at hand. But, interesting
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
Time to watch the Market for a correction
Lesson one: Do not live beyond your means.
Lesson two: Never trust that Big Government will spend tax revenue rationally.
Lesson three: Do not be a Grasshopper. Be an Ant. Prepare yourself for the harsh winter.
Lesson four: Block your ears to the siren songs of the Left. You will perish on the hard rocks of economic reality.
http://quadrant.org.au/opinion/doomed-p ... nt-modern/
Lesson two: Never trust that Big Government will spend tax revenue rationally.
Lesson three: Do not be a Grasshopper. Be an Ant. Prepare yourself for the harsh winter.
Lesson four: Block your ears to the siren songs of the Left. You will perish on the hard rocks of economic reality.
http://quadrant.org.au/opinion/doomed-p ... nt-modern/
Time to watch the Market for a correction
The Greece Bailout Explained
It is a slow day in a little Greek Village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit.
On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.
The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the taverna.
The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit. The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.
The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything.
At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.
No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism.
And that, Ladies and Gentlemen, is how the Greek bailout package works.
It is a slow day in a little Greek Village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit.
On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.
The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the taverna.
The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit. The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.
The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything.
At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.
No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism.
And that, Ladies and Gentlemen, is how the Greek bailout package works.
Time to watch the Market for a correction
Back in the US for a while, I enjoy the Invesco ads on TV....separating knowledge from financial noise. Some people find them annoying.....but I find them more spot on.......fear of the fiscal cliff, dollar collapse, Greek or China or Iran impact......or too much of the wrong channel spouting doom and gloom for America or its economy. All the sort of news that leads to people stuffing their mattresses full of cash. A good example, to me, is the doom and gloom that oil companies predicted when the price of oil fell.........only to find more innovative and productive ways to extract oil from the ground. Yes, a lot of oil workers are out of a job, but oil companies are producing much more oil this year than last - despite having far fewer rigs- and Juanita Q Public is walking around with several hundred extra dollars in her pocket because of lower gas prices. And more likely than not, that money is being pumped back into the economy.
http://www.ispot.tv/ad/7K7L/invesco-sep ... oise-roger
http://www.ispot.tv/ad/7K7L/invesco-sep ... oise-roger
Time to watch the Market for a correction
Thought we were supposed to run out of oil by now and the price would be $10 a litre?parrot wrote:Back in the US for a while, I enjoy the Invesco ads on TV....separating knowledge from financial noise. Some people find them annoying.....but I find them more spot on.......fear of the fiscal cliff, dollar collapse, Greek or China or Iran impact......or too much of the wrong channel spouting doom and gloom for America or its economy. All the sort of news that leads to people stuffing their mattresses full of cash. A good example, to me, is the doom and gloom that oil companies predicted when the price of oil fell.........only to find more innovative and productive ways to extract oil from the ground. Yes, a lot of oil workers are out of a job, but oil companies are producing much more oil this year than last - despite having far fewer rigs- and Juanita Q Public is walking around with several hundred extra dollars in her pocket because of lower gas prices. And more likely than not, that money is being pumped back into the economy.
http://www.ispot.tv/ad/7K7L/invesco-sep ... oise-roger
Time to watch the Market for a correction
More doom and gloom. Today's gas price $2.59 a gallon in Texasronan01 wrote:Thought we were supposed to run out of oil by now and the price would be $10 a litre?parrot wrote:Back in the US for a while, I enjoy the Invesco ads on TV....separating knowledge from financial noise. Some people find them annoying.....but I find them more spot on.......fear of the fiscal cliff, dollar collapse, Greek or China or Iran impact......or too much of the wrong channel spouting doom and gloom for America or its economy. All the sort of news that leads to people stuffing their mattresses full of cash. A good example, to me, is the doom and gloom that oil companies predicted when the price of oil fell.........only to find more innovative and productive ways to extract oil from the ground. Yes, a lot of oil workers are out of a job, but oil companies are producing much more oil this year than last - despite having far fewer rigs- and Juanita Q Public is walking around with several hundred extra dollars in her pocket because of lower gas prices. And more likely than not, that money is being pumped back into the economy.
http://www.ispot.tv/ad/7K7L/invesco-sep ... oise-roger
- BigBubba
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Time to watch the Market for a correction
Was in Southern California last week where it's inching closer to $4.00 (roughly the price in Thailand the last I calculated)parrot wrote: More doom and gloom. Today's gas price $2.59 a gallon in Texas
Every day I wake up is a good day.
Time to watch the Market for a correction
Interesting........that's a big difference in price!
http://time.com/money/3957143/gas-price ... alifornia/
http://time.com/money/3957143/gas-price ... alifornia/
Time to watch the Market for a correction
http://www.bangkokpost.com/business/new ... er-ssi-hit
some interesting events. this week.
The SET gained ground as the general feeling is the FED is not going to raise rates this year. This is all emotion, it really doesn't matter if the FED raises rates. be lucky if it's .50 basis points. The only thing that I will do change the attitude of those loving the free money.
Look like the banks are going to take a 3rd quarter hit. Wonder if this is going to be enough to change the risk on appetite?
some interesting events. this week.
The SET gained ground as the general feeling is the FED is not going to raise rates this year. This is all emotion, it really doesn't matter if the FED raises rates. be lucky if it's .50 basis points. The only thing that I will do change the attitude of those loving the free money.
Look like the banks are going to take a 3rd quarter hit. Wonder if this is going to be enough to change the risk on appetite?
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
Time to watch the Market for a correction
There is always a wild card.
The Set increased in value.
Well the dollar took a hit today, why?
Well the minutes from the last FED meeting indicated the vote, not to raise was well supported.
http://www.bangkokpost.com/news/asia/72 ... ed-minutes
http://www.bangkokpost.com/news/asia/72 ... ed-minutes
Here is the real key none of the fundamentals have changed, it is either as good or bad as it was before.
So why the change the belief that cheap money will still be available. So much of the market is really based on emotions. So now it's risk on again with emerging markets. Till the next FED drama. If you were a trader this could help you. As investor it really means very little. Me I see what happens when they think there may be a rate change and believe the hit will be much harder when the FED does raise.
So for now I will keep saving my nickels and dimes, for a better buy in.
The Set increased in value.
Well the dollar took a hit today, why?
Well the minutes from the last FED meeting indicated the vote, not to raise was well supported.
http://www.bangkokpost.com/news/asia/72 ... ed-minutes
http://www.bangkokpost.com/news/asia/72 ... ed-minutes
Here is the real key none of the fundamentals have changed, it is either as good or bad as it was before.
So why the change the belief that cheap money will still be available. So much of the market is really based on emotions. So now it's risk on again with emerging markets. Till the next FED drama. If you were a trader this could help you. As investor it really means very little. Me I see what happens when they think there may be a rate change and believe the hit will be much harder when the FED does raise.
So for now I will keep saving my nickels and dimes, for a better buy in.
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
Time to watch the Market for a correction
http://thaicapitalist.com/2015/10/rando ... indonesia/
This gives an insight to the sort of information that is available for free from sources like Thai Capitalist. The actual information comes from Rueters. But, what he does is put it all in one place to have a look see. It's free and you will get detailed weekly reports.
Worth taking a look at I have never received any adverse actions from it and have been on It for three years now.
He comments can really narrow your search and I need that.
This gives an insight to the sort of information that is available for free from sources like Thai Capitalist. The actual information comes from Rueters. But, what he does is put it all in one place to have a look see. It's free and you will get detailed weekly reports.
Worth taking a look at I have never received any adverse actions from it and have been on It for three years now.
He comments can really narrow your search and I need that.
Time to watch the Market for a correction
Looking for ways to get more foreign companies to list on the SET, I have no idea what the effect of that would be?
http://www.nationmultimedia.com/busines ... 70744.html
http://www.nationmultimedia.com/busines ... 70744.html
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
Time to watch the Market for a correction
When you look at the Thai market you have to watch the trends in other larger companies. Thailand is not big enough to sit trends only follow them. This is why I'm in no hurry to get back in at the moment.
http://www.nysun.com/national/bubble-bu ... -it/89317/
http://www.nysun.com/national/bubble-bu ... -it/89317/
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
Time to watch the Market for a correction
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
- wazza
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Time to watch the Market for a correction
ASX lost 2% for the year also.
Time to watch the Market for a correction
Well it's been a roller coaster ride, so I don't have a clue on whats going to happen
I reserve the right to be wrong, mispell words type badly. leave words out of sentences because my mind works faster then my fingers. To be an OLD GIT I've earned it
Time to watch the Market for a correction
Normally, when the news is all about how bad things are, that tends to be the bottom.
Up from here I believe.
Mick
Up from here I believe.
Mick
Time to watch the Market for a correction
Sensible food for thought from Schwab:
http://www.schwab.com/public/schwab/nn/ ... cmp=em-QYB
http://www.schwab.com/public/schwab/nn/ ... cmp=em-QYB