Friday, August 3, 2012

8/3/12 A Taste of Honey

If you're thinkin' you're too cool to boogie Boy oh boy have I got news for you Everybody here tonight must boogie Let me tell ya you are no exception to the rule Get on up on the floor Cuz we're gonna boogie oogie oogie Till you just can't boogie no more Bumped yesterday for a -1.8% hit? The port pushed back today with a +2.72% gain. ICHKX +1.64%, FXI +2.47%, EZU +5.89%.
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9 comments:

  1. ChickenpookieAugust 3, 2012 at 5:19 PM

    Happy you didn't give up too easily 2nd, I was pleasantly surprised, myself.

    ReplyDelete
  2. illiniAugust 3, 2012 at 6:24 PM

    With SPX up another 2% AH it seems like a set-up for a down move next week. They often follow.

    ReplyDelete
  3. ChickenpookieAugust 3, 2012 at 9:21 PM

    Seabat Soup:

    http://www.westpacstories.com/The_Seabat.html

    ReplyDelete
  4. 2nd_aveAugust 4, 2012 at 11:28 AM

    We've been talking about visiting this out-of-the-way place for years:

    http://www.sfgate.com/science/article/Pinnacles-park-Preserve-the-vibe-3761346.php#photo-3281589

    ReplyDelete
    Replies
    1. ChickenpookieAugust 4, 2012 at 7:57 PM

      Yes, go and enjoy. I used to spend nearly every summer weekend either in SC, SC Mtns, or Sierras.

      Delete
  5. Port2017August 4, 2012 at 8:49 PM

    CP - George posted his comments on SVM on cc, I think you comment on SVM from time to time. I have 1000 underwater shares myself.

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    Replies
    1. ChickenpookieAugust 4, 2012 at 11:35 PM

      Hi port. Concerning SVM, I finally got the message at $7, couldn't sit and wait around for more of the same.

      Interesting, BC hasn't said much of anything until just now as compensation for the pump job he performed just days prior to the 15% Alfred Little drubbing. I guess he's done just fine though, assuming he did keep his shares, I bet he's been selling puts like a madman.

      Delete
  6. Port2017August 4, 2012 at 10:40 PM

    I just listened to a podcast of Harry S Dent speaking on a Florida radio station from last Thursday I think. He's predicting a world wide crash that starts with Europe and spreads. In the same program he's telling young people to wait 2 or 3 years to buy a house.

    I know a few years ago he predicted that the DOW would hit 20,000.

    I don't know about a world wide crash because you just never know what peeps will do to try to prevent it. He did make a couple of good points though.

    1st - he pointed out that even though interest rates are very low, you don't see real estate prices rocketing higher. I think the Houston market has held up pretty well for the areas I look at but then I only look at properties close in. I have no idea what suburbia prices are doing. THey did talk about rental properties on the show but it wasn't clear if he thought investing in rental properties right now was a good idea or not. Rental properties seem to be the hot topic at work these days. It's hard to tell if it's heating up or over heating.

    2nd - it was 5 min ago now and I'm struggling to remember but he said the US economy only exports about 10-20% of GDP but it's more like 40-50% for the Asian countries and Germany. I tried to google this and I'm seeing numbers all over the place but they do seem to consistently show the Asion countries exporting more than the US which makes sense.

    ReplyDelete
  7. 2nd_aveAugust 5, 2012 at 7:55 AM

    new post

    ReplyDelete

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