Archive through December 13, 2007
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     holycow
Member
Username: holycow
Post Number: 3560
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Friday, December 07, 2007 - 07:55 am: | 
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http://tinyurl.com/2xuhr9 - Telstra keeps rivals out of the loop
IT's hard to describe, even if you really wanted to, the dreadful mess in which Australia's $34 billion a year telecommunications sector is mired.
The sector is increasingly critical to the economy and we don't need a paternalistic Telstra to tell us that. But the competitive landscape in Australia's telecommunications sector is increasingly dire and provides one of the big early challenges to Kevin Rudd's new Government...
***#$@%&(#)))*I&$^&^@^%@^%$)@*(&$&^$^%@!!!!
HC
... hopelessly addicted to charts!
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holycow
Member
Username: holycow
Post Number: 3561
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Friday, December 07, 2007 - 08:00 am: |
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http://tinyurl.com/2x5fbk - three cheers to this news...
INCREDIBLE OFFER - only $12 USD per month
30 day FREE trial -
Download Here
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HC
... hopelessly addicted to charts!
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holycow
Member
Username: holycow
Post Number: 3562
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Friday, December 07, 2007 - 08:04 am: |
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http://tinyurl.com/2k8bpj - Home loan rates 'to hit 9pc'
FURTHER interest rate rises are likely in 2008 with home loan rates hitting 9.1 per cent or more, according to the South Australian Centre for Economic Studies.
The centre expects the Reserve Bank to lift rates by 0.5 per cent in the first half of the year, but warns this increase may not be enough to slow the economy.
It predicts the RBA may be forced to lift interest rates even higher in the second half of 2008...
*** the end of house price inflation in the major cities is near... the current crop of property speculators will get their fair share of heartburn, eventually.
HC
... hopelessly addicted to charts!
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holycow
Member
Username: holycow
Post Number: 3563
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Friday, December 07, 2007 - 08:39 am: |
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http://tinyurl.com/37panh - Bush unveils mortgage relief plan
Credit rating agency Standard & Poor's said the plan would likely mean a reduction in the value of mortgage-backed securities, which are sold to investors to pump money into the home loan market.
"In certain instances, the negative effects may outweigh the positive benefits,'' S&P said.
Joel Naroff at Naroff Economic Advisors said the Bush plan is "more political than economic'' and could have unintended consequences for banks and financial markets that ultimately harm the economy.
"If they freeze rates, it means that instead of writing off the loans, the banks are still carrying these loans that are questionable.''
Mr Naroff added that the freeze could mean mortgage-backed securities and other assets might be hurt, affecting financial markets.
"If there are freezes, it changes the structure of that entire market and could create problems with that market,'' he said. "There may be some short-term gains but longer-term problems that are unclear.''
*** thinking further, what's the difference between the Japanese way and the GWB way in tackling badshit in the banking/finance sector? Not much really - both are just simply delaying the inevitable...
The Japanese took 15 years or more to find their footing from their "lack of will to bite the bullet" back in the 80s, whilst the Yanks currently with a not very smart President and a very poor used dollar salesman acting as his treasury advisor, are conjuring up a series of Japanese Back to the Future cocked eye solutions, where the outcome seems to have already been written in the Japanese book for them.
To make it worse, the Japanese are much better savers than the Yanks, their country, as whole can take the blow and withstand the financial stress imposing on it whilst the Yanks are neckdeep in sh*t, urhh, I mean in debt (remember their trillions dollars deficits?)... it really makes me wonder if the Yanks can ever pull themselves out of the hole even after 15 years!
... but let's not be negative here, let's watch and enjoy the sight of the Yanks going through this "biggest loser" contest in trimming themselves down to size in less time than the Japanese.
History is in the making here.
(Message edited by holycow on December 07, 2007)
HC
... hopelessly addicted to charts!
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holycow
Member
Username: holycow
Post Number: 3565
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Friday, December 07, 2007 - 09:06 am: |
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*** so, after the rate decision, what's next? What's going to drive it higher? Note the volume and remember this - buy on news, sell on fact and don't go too long over there.
HC
... hopelessly addicted to charts!
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holycow
Member
Username: holycow
Post Number: 3566
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Friday, December 07, 2007 - 12:20 pm: |
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http://tinyurl.com/2yye7s - CDO illustrated...
HC
... hopelessly addicted to charts!
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ingot54
Member
Username: ingot54
Post Number: 2057
Registered: 05-2004
Rating: N/A
Votes: 0
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| | Friday, December 07, 2007 - 01:21 pm: |
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Thanks for the CDO story HC
Here is a good 5-Part U-Tuber about money today.
Worth the time ... I'm only up to Part 2 so far, but wanted to share!
Keep Smiling - Don't look back
Hell, there are no rules here - we're trying to accomplish something ~ Thomas A. Edison
Loss and failure are inevitable but misery is optional
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holycow
Member
Username: holycow
Post Number: 3567
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Saturday, December 08, 2007 - 10:59 am: |
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http://tinyurl.com/2lje6n - Hope is bleak as subprime hurricane leaves a disaster trail
*** here's the first draft of script for the Japanese Experience Version 2, Chapter 1 - the American Ways - on how to dodge a mortgage meltdown by legislation changes, in the process creating a bigger social chaos whereby more harsh and silly laws will be created to benefit the elites.
HC
... hopelessly addicted to charts!
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holycow
Member
Username: holycow
Post Number: 3568
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Saturday, December 08, 2007 - 12:03 pm: |
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http://tinyurl.com/2ur22m - Hiring Up Modestly, Jobless Rate Steady
http://tinyurl.com/36atqb - The Folly Of The ADP November Employment Figures
*** fairy tales and Benny Claus, urhh, Santa Claus and Benny Benanke... is a good mix! When BB is not sure of what to do next, all he has to do is to pick the area of the economy that supports his intention (of raising or lowering rate) and then act accordingly with the "support" of these data!
...and no one can blame him when it goes wrong! After all, it's all data driven! Nice and sweet!
So somewhere else in this forum Colin is being challenged for his call on a recession... I reckon he is going to be caught out wrong because there simply won't be one! Mr Benny Grinch will simply steal Colin's recession away and hide it somewhere in his North Pole hideout...
...it's gonna be a tough Xmas for the bears this year coz with all these number massaging, accounting aerobics, definition redefinition, statistics manipulation, legislation changes, malleable and flexible measuring and benchmarking...
I reckon now everything and anything is up for an overhaul, including the traditional meaning of a BEAR - the BEAR, as we all know, are now called the BULL, it is changed to reflect this era of recession-free, bear-market-free modern capitalist economy - it can only go UP!
...and since it can only go up, the traditional meaning of a bear is lost, and so, it goes the natural way - becoming extinct and replaced by the dominant species - the bull. By way of example, if you look around your fellow investors, you would now see these groupings: small bulls (very pessimistic investors), bulls (pessimistic investors), medium bulls (optimistic investors), big bulls (very optimistic investors)... and so on.
Whilst the traditional meaning of the BEAR has now been changed to reflect the above new definitions, the market has also introduced some new terms - SUPERBULL, ELEPHANT, WHALE or the ultimate BULL-THAT-WALKS-ON-WATER!
Let's see how these terms are being used currently - the ASX is now reclassified as the market of thebullthatwalksonwater, the Chinese SSX is now being reclassified as the market of the whales, the Indian market - elephantmarket, what else?
And the US market? Well, since it's a very unique market, I think it's being reclassified with one of a kind class. It is now officially classed as a market of the super-whale-that-flies-above-the-water!
Phew!... now that we have clarified all these new definitions, let's celebrate this new era of investment by giving a toast to Benny Claus and his mate, Paulson the Cheap-cheap Secondhand Dollar salesman - let's thank them in bringing so much joy and US$ to this world.
Here's the toast, ready? 1,...2,...,3.... up, Up, UP!!.
Merry Xmas everyone!
HC
... hopelessly addicted to charts!
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ingot54
Member
Username: ingot54
Post Number: 2058
Registered: 05-2004
Rating: N/A
Votes: 0
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| | Saturday, December 08, 2007 - 01:06 pm: |
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HO! HO! HO!
I'll drink (just a little tipple) to that!
HC What a wonderful sense of humour you have.
Your cynicism is almost unmatched on this forum ... unless I am in full flight over some bee in my bonnet or other!
The message/signal the Fed is sending out is:
If it moves ... buy it.
If it's sick ... don't pay for it.
If it dies ... get your money back.
If you can't get your money back ... then we'll change the law to:
* make sure you don't lose
* make sure you walk debt-free
* place the blame elsewhere
* absolve you from ANY responsibility
Make certain you continue to hold those "bad" debts ... and don't worry at all about those credit card statements - all soon to wiped clean for the new year - courtesy of Benificent Benny and the hyper-inflation helicopter crew.
Before long the USD will be worth peanuts ... in fact peanuts may be worth more so rack up as much debt as you can ... and grow peanuts.
The Chinese own (or did) USD$1.3 trillion worth of peanuts (oops I mean the "In God We Trust" stuff ... paper dollars).
A quiet word to our Chinese friends:
"PSSST! I've heard there is a growing demand for peanuts. Turn ALL your USD into nuts while the offer lasts ... and it won't be long ... move very fast now ... your USD$1.3 trillion buys fewer nuts every day!"
Keep Smiling - Don't look back
Hell, there are no rules here - we're trying to accomplish something ~ Thomas A. Edison
Loss and failure are inevitable but misery is optional
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holycow
Member
Username: holycow
Post Number: 3574
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Monday, December 10, 2007 - 05:48 pm: |
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Hohoho to you too, Ingot...
http://tinyurl.com/2hs7e9 - China raises foreign investment quotas (Good news!)
http://tinyurl.com/29zmec - Taiwan tycoon in political challenge (Good news!)
http://tinyurl.com/2cohpt - Fears for Japan’s economy (Good news!)
http://tinyurl.com/ywufxv - Quality issues open gap in Chinese retail (Good news!)
http://tinyurl.com/26luwz - Oz Job Ads At New Record, But Trend Is Slowing (Good news!)
http://tinyurl.com/ywlmdk - China's Inflation Likely to Hold at Decade High (Good news!)
*** being a bull somehow has this effect on me - everything I see is beautiful, nice, sweet, positive, $$$$, yummy, and hohoho and la lala... I am a hap hap happy bull! ra ra!
HC
... hopelessly addicted to charts!
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holycow
Member
Username: holycow
Post Number: 3575
Registered: 08-2004
Rating: N/A
Votes: 0
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| | Monday, December 10, 2007 - 05:55 pm: |
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Yo!.. HC's latest bullish look, cool huh? Btw that pair of sunglass is in rosy tint just in case you want to know. Nice!
HC
... hopelessly addicted to charts!
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holycow
Member
Username: holycow
Post Number: 3576
Registered: 08-2004
Rating: 
Votes: 2
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