Posted on 09/11/2006 9:18:01 AM PDT by staytrue
Commodities of all types are falling big today.
Oil down over a dollar.
Gold down 23 dollars.
Silver down a dollar.
Grains and meats are down.
sugar, cotton, orange juice, lumber down also.
Cocoa and live hogs are about even.
Why do people who buy radio time to convince me that gold's going over $1000 want to sell me all their gold?
Mortimer, your brother is not well. We better call an ambulance.
F him! Now, you listen to me! I want trading reopened right now. Get those brokers back in here! Turn those machines back on! Turn those machines back on!
What a great movie!!!
"homies" = the homebuilder sector, stock market talk.
examples:
NVR
HOV
LEN
MTH
WCI
PHM
MDC
TOL
I acknowledge that some of these stocks have a P/E of 3 or 4, but the news out of this sector has been nothing short of dismal.
Some of the hedgefunds heavily long into commodities have been feeling mucho pain as of late. I think it was in Barons where I read that one is no longer answering their phones.
I see health care, consumer staples, oatmeal and cash the places to be.
Driving around Sunday low that I saw in Souther California,,,,northern Orange County was $2.79....
$1.35? I was paying $.98 in 1999.
PAY NO ATTENTION TO THE LITTLE MAN BEHIND THE CURTAIN!
You just asked THE question every investor needs to ask about any investment sold in this manner:
If this is going to make me so much more money in three months than holding onto my cash, why is this guy offering to sell it to me now and thus lose the opportunity to profit handsomely in three months?
I bought gas at $2.37 in Virginia on Saturday. At another Virginia location it was $2.27, however in my county it was $2.74. Fairfax county is always the most expensive.
Sorry! And so close to lunch time...
"== I don't know anything about the stock market, but didn't it do something weird before 9/11 or am I not remembering correctly. =="
I don't recall then, but this DROP in commodity prices would seem to indicate LESS danger in world politics.
Fairfax is liberal....
that explains a lot. Richmond burbs is in low $2.30s today.
It's the most under rated Christmas movie out there.
So what do you suggest for a world-wide commodity.
The stocks of the INSURANCE companies that insured the twin towers were falling big on heavy volume for no apparent reason. Someone made money. It is blood money and they should go to hell for it. If we find them, summary execution will be too good.
Maybe be bought low and is cashing in now.
The september gold season? are the crop yields too high, is that why it's dropping?
I was thinking about buying some gold trees for my own use.. ;-)
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