Steveg's Account Talk

**Warrenlm** · 03-26-2009, 07:49 PM

I could end up at the zero line in the next three days at least that's what MindyLou says.

What's the zero line?

**Birchtree** · 03-26-2009, 07:53 PM

The zero line is 0% on the tracker - I've been down so long it feels normal.

**Birchtree** · 03-26-2009, 08:38 PM

My gosh I found the answer - American Trucking Association tonnage rose 1.7% in February. That's the second month to month increase.

**Gumby** · 03-26-2009, 10:29 PM

Originally Posted by Birchtree

My gosh I found the answer - American Trucking Association tonnage rose 1.7% in February. That's the second month to month increase.

The increase was due to all the paper and soybeans to be made into ink hauled to the FED's.

Ben is giving the tree and soybean farmers stimulus.

**Birchtree** · 03-26-2009, 10:45 PM

http://safehaven.com/article-12932 for Steveg.

**Warrenlm** · 03-27-2009, 09:14 AM

Even typing the link in the browser address line does not make it work--at least for me. Suggest reposting/correcting if others also cannot read.

**squalebear** · 03-27-2009, 09:43 AM

Palladium and Another Potentially Strong Buy Signal on the Dow?
http://safehaven.com/article-12932.htm

**squalebear** · 03-27-2009, 09:44 AM

Originally Posted by birchtree

http://safehaven.com/article-12932 for steveg.

he forgot the ".htm" :d

**steveg** · 03-27-2009, 02:10 PM

Thanks for the link, Birch. It (and you) might be right. However, I still don't hear any fundamental, logical, common-sense reasons to explain why the market is going to go on a big bull run. Denninger's analyses seem quite logical to me; on the other hand, looking at a bunch of graphs of past market perfomance -- while that has its place -- does not "do it" for me. Again, that is because in this case I feel that the unbelievable amount of strong-handed government intervention in the economy over the past several months throws a huge monkey wrench into things. It's tough to look at past recessions, to me, and then try to gauge what might happen this time -- when the government is on the course it's on, spending trillions of fake dollars...

But, I'm sounding like a broken record...

Steve

**BULLonPARADE** · 03-27-2009, 02:28 PM

I agree with Steve. It's all fake or to put it a better way "being orchestrated". The intravention skews all forcasted trends based on past performance. I made a good chunk but bailed a little early. I need a lull in the action until 02 April.

**steveg** · 03-27-2009, 02:49 PM

BULLonPARADE --

"being orchestrated" is a good way to put it...

By the way, what's the significance of April 2nd?

Steve

**steveg** · 03-27-2009, 03:24 PM

Here's an interesting quote, from a New York Post article written by Charles Hurt..

"FOR a guy who talks so much about wanting a new era of re sponsibility, President Obama spends an awful lot of time blaming Republicans for all the wild and reckless spending he crammed into his own budget.

After running a campaign against the $1 trillion deficit he "inherited" from President Bush and the Republicans, Obama quickly matched it. During his first 50 days in office, he and his Democratic-controlled Congress spent $1 billion an hour.

Under Obama's proposed budget, the overall national debt doubles in five years and triples in 10. Not exactly "moving from an era of borrow and spend to one where we save and invest," as he promised."

A billion (fake) dollars an hour for his first 50 days? Tripling debt over the next 10 years? Sort of illustrates why I'm skeptical about looking at past market performance as an indicator of the future...

Steve