Market Talk

**teknobucks** · 10-22-2005, 03:50 AM

teknobucks wrote:

Show-me wrote:

Skip wrote:

Caterpillar, one of the biggest U.S. manufacturers, accounted for nearly all of the Dow's drop. Caterpillar shares lost 9.5 percent to $48.92 on the New York Stock Exchange.

Ugh! I was thinking of buying some a few weeks ago.

same bswith aapl the other day....walk it down for the big boyz to step in cheap.

http://thomson.finance.lycos.com/lyc...ker?ticker=cat

on wired news in sept.:

Caterpillar posted record profits for the second quarter amid strong demand that has fueled a two-year sales surge. Adjusting for a recent stock split, its shares have risen nearly 60 percent in the past year and surged more than 8 percent from last Wednesday through Friday amid speculation about the impact of Hurricane Katrina on demand for its equipment.

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those who have played with stox the last few weeks can relate 2 this.....LOL

http://unix.rulez.org/~calver/video/oh_crap.wmv

**teknobucks** · 10-22-2005, 04:06 PM

Inflation and Fed Policy
by John Mauldin
10/21/2005

Some Thoughts on Fed Policy
Some Comments on Inflation
What's the matter with the CPI?
Our solution: CPI/DX
The Consumer Squeeze
Core Inflation and Bond Market Prospects
Detroit, New York, Birthdays and a Bet

Introduction

Exactly how do you measure inflation? Last week's letter showed how the Bureau of Labor Statistics uses "owners' equivalent rent" to measure the rise in housing costs rather than the actual price. The conclusion is that it certainly smoothes out the volatility of housing prices, and keeps the CPI (Consumer Price Inflation) from violent swings from quarter to quarter, it also yields periods

http://www.investorsinsight.com/thou...?EditionID=212

**teknobucks** · 10-22-2005, 04:12 PM

The State Anti-Insures

[align=center]by Michael S. Rozeffchael S. Rozeff[/align]
[align=center][/align]

[align=left]Most everyone wants security. We donâ€™t want to die from bird flu or West Nile virus. We donâ€™t want to run out of money in old age. We donâ€™t want to eat bad food or take a bad drug. We donâ€™t want to lose our jobs, be attacked by a robber, get flooded out, lose eyesight or a limb, or be blown up by a bomb. We do not want dangers. They pose risks of loss. Weâ€™d like to reduce them, eliminate them if we can. [/align]

[align=left]There are hundreds of perils, and the State promises to get rid of them for us. The Constitution has as one goal to "insure domestic tranquility." Does the State do this? Michael Leavitt, the Secretary of the United States Department of Health and Human Services, says "We are not prepared for a [bird flu] pandemic." Critics say that the federal government is years behind the curve, that Bush spent more money on abstinence education than on getting flu vaccine. The State anti-insures. [/align]
http://www.lewrockwell.com/rozeff/rozeff35.html

**Show-me** · 10-22-2005, 08:26 PM

Good to have you back Tekno.:^

**robo** · 10-22-2005, 08:30 PM

The Markets Are Whispering - Are You Listening?

http://www.safehaven.com/article-3985.htm

**Birchtree** · 10-22-2005, 09:51 PM

Robo,

I read Greg Miller - but seldom listen. He has a tendency to lean in the bear camp.

I actually prefer Don Hayes or Harry Dent - two mega bulls with the Dow outlook of 20,000 in the next three to five years. Shop early and be prepared. Gotta keep my pearl handles well oiled for some terrific trading just in case they are correct.

Currently the dollar is at a 25 month high versus the yen. The interest-rate differentials remain the dollar's strongest card. A key test for the dollar will be whether it can break clean through 116 yen or whether this level will prove a ceiling for the U.S. currency.

**robo** · 10-22-2005, 10:31 PM

Birchtree,

Greg Miller is a trend trader and is just not sure of the current trend.... He is currently cautious based onmarket technicals. So those that are listening,he is advising caution until we can see a clearer bottom.... You would agree, it has been pretty murky lately? His goal is like many here capital preservation. I don't always agree with him, but his market timing lately has been pretty darn good. Hope your having a nice weekend? My birthday was yesterday so I'm headed out to Famous Dave's for my birthday treat.

**tsptalk** · 10-23-2005, 12:35 AM

robo wrote:

The Markets Are Whispering - Are You Listening?

http://www.safehaven.com/article-3985.htm

This seemed a bit biased (not that there's anything wrong with that).He insists that Google's good news should be filtered out when Pfizer and Caterpillar seemed to be the real noise. The S&P 500, Nasdaq, and Russell were all up and only the CAT and PFE filled Dow and S&P 100 (barely) were down.