Dislikedyup mentioned this ealrier this weekend
s&p rose in 1930 to withing 30 % of top ...that is dj 10080 , just 500 points awayIgnored
how far we can get ?
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Dislikedyup mentioned this ealrier this weekend
s&p rose in 1930 to withing 30 % of top ...that is dj 10080 , just 500 points awayIgnored
Dislikedthis on banks and fdic
http://seekingalpha.com/article/1568...ow-what-part-i
last week the foreclosures cost fdic 3.8 billion , .8 billion more than they have (this does not include the banks that failed this week and the 100's of banks that should have been closed way back )!!! yet the stupid markets did not flinch. That mean that NOW , TODAY your 50,000 in the bank that you think is insured under the FDIC IS NOT AND IS 100 % AT RISK IF THE BANK THAT YOU HAVE IT IN FAILS !!!!!Ignored
DislikedSince it's the weekend, I'll jump in on this as well. Dewey Dakin also conclude we are at the trough now in the 54 year cycle (2006 approximately)
If their cycle analysis is correct we should be heading into the bull trend soon.
The boom years following WWII saw a decline in commodity prices even though there was increased demand, to the bottom of the trough in 1952. The great depression fell on a downside slope of the cycle and there was a significant dip, but the overall trend remained intact. So, the question is, what exact effect a depression...Ignored
Dislikedthis on banks and fdic
http://seekingalpha.com/article/1568...ow-what-part-i
last week the foreclosures cost fdic 3.8 billion , .8 billion more than they have (this does not include the banks that failed this week and the 100's of banks that should have been closed way back )!!! yet the stupid markets did not flinch. That mean that NOW , TODAY your 50,000 in the bank that you think is insured under the FDIC IS NOT AND IS 100 % AT RISK IF THE BANK THAT YOU HAVE IT IN FAILS !!!!!Ignored
Disliked...depositors may only be paid from money that exists within the insurance fund...Ignored
DislikedIf this is the case, I should be thinking moving out my acct overseas nowIgnored
DislikedI didn't know this.
does anyone have any happy news???
all this gloom and doom talk is pissing me off.
grrrr I'm going to take a thousand pips out of their hides this week for messing things up so completely!Ignored
US paper currency is roughed up and often soiled in circulation, but a study has found that some 90 per cent of greenbacks contain traces of cocaine, giving new meaning to the term "dirty money."
That is a nearly 20 per cent jump over a similar study conducted two years earlier where 67 per cent of dollar bills were shown to contain cocaine traces, according to researchers who presented the study at the annual National Meeting of the American Chemical Society.
The startling discovery points to the continuing widespread use of cocaine in the US, one of the world's biggest consumers of the drug.
The capital Washington topped US cities, with 95 per cent of banknotes analysed from there found to contain minute amounts of cocaine.
Money is known to get contaminated with cocaine when drug dealers make a transaction or when users snort the drug using a rolled bill.
But the study said the large-scale contamination takes place when the notes are whisked into currency-counting machines.
Evidence of the drug were more common in large cities like Baltimore, Boston and Detroit, while the cleanest bills were collected from Salt Lake City, Utah, the country's Mormon hub.
"To my surprise, we're finding more and more cocaine in banknotes,"said lead researcher Yuegang Zuo of the University of Massachusetts in Dartmouth.
He suggested the rise may be due to the economic downturn, "with stressed people turning to cocaine."
The US topped cocaine levels found in bank notes collected from over 30 major cities in five countries that also included Canada, Brazil, China and Japan.
The scientists, who used a modified form of a lab instrument called a gas chromatograph-mass spectrometer for their measurements, said they found "alarming'' levels of cocaine in many areas.
Second in line was the US northern neighbour Canada, where 85 per cent of 27 banknotes studied showed drug traces, ranging from 2.4 micrograms to over 2,530 micrograms - the largest amount found but still less than a ten-thousandth of an ounce - of cocaine per note.
Brazil came in third at 80 per cent, while China and Japan had the lowest levels, at 20 per cent and 12 per cent contamination respectively.
Amounts found in the 234 US banknotes analysed ranged from .006 micrograms - thousands of times smaller than a single grain of sand - to over 1240 micrograms of cocaine, or the equivalent of about 50 grains of sand, per dollar bill.
Mr Zuo downplayed any health or legal concerns linked to the apparently poor job drug dealers are doing at laundering their money.
"For the most part, you can't get high by sniffing a regular banknote, unless it was used directly in drug uptake or during a drug exchange," Zuo said.
"It also won't affect your health and is unlikely interfere with blood and urine tests used for drug detection."
The study, Mr Zuo said, could help increase public awareness of cocaine use and help curb its abuse by assisting law enforcement agencies and forensic specialists to identify how the drug is used in a given community.
Cocaine is one of the most commonly used drugs in the world. In the US, some six million people consume cocaine on a regular basis each year, for a whopping total of 259 to 447 tonnes worth 35 to $US70 billion ($84.41 billion).
DislikedCocaine traces on 90pc of US dollars
Always wondered why nose tingled when scratched after counting my cash!!Ignored
Dislikedalright, back to g-j. i am not saying anything new, just confirming what other senior members already said.
this is an h1 chart with updated market profile. price managed to break above pob (point of balance, or pvp - peak volume price) - blue line - which means that we are in the bullish side. for now.
i also left horizontal lines for important support/resistance areas.
also, as rgitt pointed, the trend line for the last dip (163.01 - 153.xx) has been broken - and i think this is a valid breakout, considering what i just said above regarding...Ignored
DislikedCocaine traces on 90pc of US dollars
Always wondered why nose tingled when scratched after counting my cash!!Ignored