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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (9538)5/9/2008 10:29:26 AM
From: tdl4138  Respond to of 50726
 
Here's an article that's a must read...

If its been posted before and I missed it....I apologise

financialsense.com

Bottom line to me is if the big banks can manipulate this....imagine the "profits" and creation of capital that will end up in their accounts when they pull the rug out.....

It really is pathetic



To: SliderOnTheBlack who wrote (9538)5/9/2008 11:04:54 AM
From: crdesign  Respond to of 50726
 
Have you seen the % ramp of credit cards being used
at grocery stores, convenience stores, and gas stations?


Yes, and so has Mastercard...they've profited handsomely from this weak economy.
$40-$300 in under 2 years.

I was in @ 70 & out @ 110.
I didn't want to get greedy. Whoops<gg>

Here's the weekly chart:



Should we take a stab @ Visa?



Tim



To: SliderOnTheBlack who wrote (9538)5/9/2008 11:33:26 AM
From: RonMerks  Respond to of 50726
 
'did you hear Jack Parudjian (sp?) on CNBC this am
regarding his positive spin on import numbers falling?'

I didnt think that made sense. And with falling imports- how soon until that is reflected in the railroads and transpo's?

I'm short USO, DIA and SPY. I hope DIA and SPY puts offset USO if it keeps climbing. I may be early on USO, but it's just my first entry.

Ron