Archive for June, 2008

What’s up with all the Wall Street stuff?

Saturday, June 28th, 2008
Connie S asked:


I haven’t been watching the news/internet in a couple weeks. I am very concerned in all the doom/gloom. There’s more to this question, yet I just want to hear feedback.

Lillian

Tags: , ,
Posted in Trivia | 3 Comments »

Step Up 2: the Streets

Wednesday, June 25th, 2008
Tsoof and Eden Baras asked:


A good movie is one that you rave about for three days after you see it and if you get the chance you will watch it again. For me, I usually ponder and discuss the more meaningful, heartfelt movies like ones that explain different strands of belief in the universe or the meaning of reincarnation. Just for a change I decided to watch “Step Up 2: The Streets” and boy was I impressed.

Andie (played by dancer, actress Briana Evigan) is a member of the 410 crew, a group that goes around showcasing their amazing dance talents illegally. When she sees a news report about it on TV, Andie’s guardian decides that she has had enough of Andie and her illegal actions and Andie is moving to Texas to live with her Aunt. Andie’s friend Tyler Gage (Channing Tatum) understands her love for street dancing and convinces her to audition for the Maryland School of Arts (MSA) so that she can stay. She gets in, but only because of the determination of Chase Collins (Robert Hoffman) also a student at MSA, the younger brother of the new MSA director.

After showing quite clearly that upbeat music and hip hop moves are her forte, Andie is forced to stay for after school classes to teach her the more technical aspects of dance. Now she has to juggle 410 rehearsals and after school sessions which turns out not to be as easy as she planed. When she ends up late for the second time in a row, the 410 leader Tuck decides that Andie is not cut out be in the crew anymore.

Andie’s new friend and MSA all star Chase Collins decides to come to the rescue. Together they recruit 10 dancers who do not fit into the mainstream, and they make a brand new, MSA Crew. The crew rehearse a tame but shiny routine after school and hope they can soon fit into the dance scene. Unfortunately, tame and shiny has no room on the streets. After embarrassing themselves at a local club, the crew realise they cannot be the best. Andie’s friend Missy joins the crew and helps them realise they have what it takes. The MSA crew stage a prank and post it on the internet to show the streets that they are the new thing in town. This does not go down too well with the 410 crew and things start to get ugly.

With the twists and turns of your average teen movie, this movie goes through a lovely little flirt-and-smooch scene and without giving too much away, it all ends wrapped up nicely with a bright red bow on top. Everyone loves who they are supposed to, everyone that’s supposed to win does, and the people who are mean lose, and of course, they kiss. If only real life was so easy.

As a lover of dance this movie was a feast for the eyes. There were some of the greatest tricks and choreography I have ever seen. The pieces were danced in the most absurd ways that made you think that you can dance upside down, up the walls, on your head or balancing sideways on your friend. It was great. While it was not particularly deep and meaningful, I thoroughly enjoyed this movie for its great dance moves and attractive actors.



Judith

Tags: , ,
Posted in Movies | No Comments »

Has the Wall Street Journal decided not to support the republican’s candidate?

Tuesday, June 24th, 2008
LadyTertia asked:


Things really have deteriorated between John McCain and the press: even the Wall Street Journal editorial board is turning on him. The famously conservative group publishes a column praising the economic policy of none other than Barack Obama:

The underreported economic news of the week is that Barack Obama favors a stronger dollar. Even better, he thinks a stronger greenback would help to reduce oil prices.

That at least is what the Democratic Presidential candidate told a town hall forum in Parma, Ohio, on Tuesday. “If we had a strengthening of the dollar, that would help” reduce fuel costs, he said, according to a Reuters dispatch ignored by most of the media. … We don’t know who is whispering in Mr. Obama’s ear about the dollar, but he’s on to a rich political vein.

This ought to be a bigger story. In linking the dollar to oil prices, Mr. Obama is pointedly at odds with the Bush Administration and Federal Reserve, both of which blame high commodity prices on supply and demand, despite falling demand due to slower global growth. Fed officials — in particular, Vice Chairman Donald Kohn — have expressly rejected any strong link between the dollar’s collapse and the oil price surge since last August.
Steve: Good answer

Leslie

Tags: , ,
Posted in Elections | 12 Comments »

Is giving false hope instead of straight talk the key to pacify Wall Street?

Sunday, June 22nd, 2008
mr_cj_jr asked:


http://news.yahoo.com/s/ap/20090224/ap_on_bi_st_ma_re/wall_street

Bernake tells Wall Street the recession may end in 2009, the stocks rise.
Obama tells us the TRUTH about the economy, Wall Street reacts negatively.

So, is the key to making Wall Street happy is give them false hope instead of straight talk?

Thoughts?

Ben

Tags: , ,
Posted in Elections | 5 Comments »

Wall Street Bailout or Recovery Plan?

Monday, June 16th, 2008
John DeLellis asked:


 

The bailout plan and the bailout bill involve many complex issues that the average person would have some difficulty understanding. When you add the fact that Americans find themselves in a politically charged environment (during an election year), It makes it almost impossible to get a clear take on the issues. I see the Bailout as a way to fix what has been called a credit contraction problem. Reducing the Problem to it’s simplest form.

Forecloses = Reduces the value of mortgage backed securities = Banks can not sell the mortgages and generate additional money to lend to consumers and business = Business can not get loans for payroll, operations, and growth = loss of jobs for the average wage earner/taxpayer.

The bailout should, in theory, fix the strangle hold the foreclosures have on the credit availability for consumers and businesses. The government can rehabilitate these loans by providing some relief for the homeowners by lowering payments, increasing loan terms (40years), lowering interest rates and restructuring the bad loans. A long term solution may depend on job and economic growth within the United States.

The bailout is a good investment from the government’s perspective because it will serve to maintain the operation of the economic engine that generates the nation’s wealth -the US economy. Their is a concern that the bailout bill is yet another overweening power grab that leaves decision making on how the bailout is conducted and administered totally at the discretion of the Treasury Secretary (currently Hank Paulson). The problem with the bailout is not only socializing the losses, but also that without regulatory reform, it is allowing the underlying structural problems in the financial system to remain unrepaired.

The bailout is important, because it reflects apparent faith in a discredited economic theory known as supply-side or “trickle-down” which holds that to help everyone, the government needs only to allow the rich to have more money, who will use it to create jobs. I believe people act in their own self interest. The wealthy are more likely to tie money up or spend and invest it abroad instead of America. Now, there is risk, but the alternative is something that would affect every single one of us, our money in banks and our jobs.

The goal of the bailout is to try and keep the real bubble that started this, the mortgage mess, from dragging down everything else in it’s wake. Some experts say the bailout is good news for homebuyers and homeowners hoping to refinance, as the situation may lead to lower interest rates. As the government prepares for its largest financial bailout in history, both John McCain and Barack Obama believe the bailout is fundamentally a good thing, but that there should be more oversight built into the $700-billion plan to stabilize the financial markets. Finally, if the bailout is inevitable, then Congress should only pass a bailout and not tack on other measures to the legislation to meet the demands of individual constituents or special interests.

 



Pedro

Tags: , ,
Posted in Uncategorized | No Comments »

Currency News - Why Most Traders Can’t Make Profits With it

Tuesday, June 10th, 2008
Monica Hendrix asked:


It’s a fact that most traders who try and trade using online currency news end up losing because they don’t understand how the market works and fail to understand how news is discounted. If you don’t want to join the 95% of losing traders, then you need to understand how to use currency news correctly.

Let’s start with a rather interesting fact:

Today the currency news we get is of a higher quality than 50 years ago, it is delivered faster with the click of a mouse yet, the ratio of winners to losers is still the same as it was 50 years ago which means:

These advances in quality of news and speed of delivery, have not helped improve the success rate.

The reason for this of course is - the news is discounted in a split second and you simply can’t act quickly enough. Furthermore, currency news reflects what the majority think and on most occasions, the majority lose.

It’s a fact that - markets collapse when their most bullish and rally when their most bearish.

Will Rodgers once said:

“I only believe what I read in the papers”

He was joking, but it amazes me how many traders see a story in the financial times or Wall Street Journal and try and trade it and then wonder why they lose.

Currency news is a story and it reflects in most instances what the vast majority believe and is out of date as soon as you see it. Try and trade it and you will have your emotions involved which can lead to a breakdown in discipline.

If you consider the fundamentals are discounted immediately by the market the most effective way to trade is to use forex technical analysis and study forex charts.

Technical analysis simply assumes that all known fundamentals will show up in price action so you don’t need to worry about the news. Furthermore, forex charts give you something more - they tell you how investors perceive the fundamentals and take into account human psychology.

After all it is not the currency news itself that is important, its how each and every investor reads and acts on the news. We all have the same news to read but we will all draw different conclusions. It is this mass of millions of traders, who ultimately determine the price.

By using forex charts you are simply studying the reality - price as it is and acting on it, with no need to guess or assume what the impact of currency news will be.

Forex chartists don’t care how or why markets move, they simply follow price action and try and make money when they do.

There’s a saying:

If you can hold your head when everyone around you is losing theirs you probably haven’t heard the news”

In forex trading, it’s the disciplined trader who wins and he generally stays cool, calm and collected, while other traders lose their discipline and fall prey to the emotions of greed and fear.

If you want to make money at forex trading forget currency news, keep your discipline and react to the reality of price change and you can make big profits over the longer term.



Melanie

Tags: , ,
Posted in Investing | No Comments »

Wall Street Pummeled; Major Indexes Sink to 1997 Levels?

Monday, June 9th, 2008
danrathersdrunkagain asked:


What does this news headline have to say about market confidence in the new American regime?

Christopher

Tags: , ,
Posted in Politics | 11 Comments »

The Best Investment Every Trader Will Make

Friday, June 6th, 2008
singapore trader asked:


The latest News can affect all Markets- All Traders know this

So it is very important that we get the latest news, and as it happens.

This why the wall street journal is the first tool that every trader needs.

The wall street journal is arguably the most important trading tool that any trader can use. The Wall Stret Journal which is now also available online is have a fantastic special were for a short time it purchased with a 75% DISCOUNT so you can get it for $1.99 per week. With the choice of online or print .so known as wsj, Wall Street Journal is one of the most popular Financial newspapers worldwide.

The Wall Street Journal is nothing less than America’s true newspaper of record, a window on the world of business, finance, international affairs, and all the delicious little nuggets of news that would otherwise slip through the cracks. Wall street journal newspaper covers financial and other news;  the  wall street subscription price is low and very competitive,  and this is why readers prefer it amongst other competitor newspapers.

Wall Street Journal is one of the biggest USA newspapers by circulation. A complement to the print newspaper, The Wall Street Journal Online was launched in 1996. The Wall Street Journal claims to have sent the first news report,[citation needed] on the Dow Jones wire, of a plane colliding into the World Trade Center on Sept.

 

News

 

As a registered user of  The Wall Street Journal Online, you will be able to:. It “will provide up-to-the-minute business and financial news from the Online Journal, along with comprehensive market, stock and commodities data, plus personalized portfolio information–directly to a cell phone. News alerts via  & science Science Space Tech and gadgets Wireless Games Security Innovation Health Travel Weather Local   Video Photos Community Disable Fly-out Marketplace Shopping Get a Holiday Deal Wall Street Journal launches social network Web site borrows from Internet hangouts like Facebook to boost usage  MSN Tech and Gadgets Innovative tech coming to CES 2009′Naughty’ names are deprived of e-mail.

The newspaper has won the Pulitzer Prize thirty-three times[3], including 2007 prizes for backdated stock options and for the adverse impact of China’s booming economy. A complement to the print newspaper, The Wall Street Journal Online was launched in 1996. Many Wall Street Journal news stories are available through free online newspapers that subscribe to the Dow Jones syndicate. 

 

This is the BEST BUY on the Internet

 

The content of the WSJ is unparalleled. In fact, the online WSJ is vastly more streamlined than Forbes, Fortune, CNN, etc. There is something for everyone in the  WSJ.

Its reputation secure as the nation’s preeminent business news and conservative opinion newspaper, The Wall Street Journal nevertheless fell on uncertain times in the 1990s, as declining advertising and rising newsprint costs—contributing to the first-ever annual loss at Dow Jones in 1997—raised speculation that the paper might have to drastically change, or be sold. [10] It is commonly held to be the largest paid-subscription news site on the Web, with 980,000 paid subscribers in mid-2007.

 Also known as wsj, Wall Street Journal is one of the most popular Financial newspapers worldwide. Please Note: After you complete the simple subscription process you will be able to start accessing your free trial subscription to WSJ. I subscribed to WSJ Online and used a credit card to pay. I’ve been a subscriber for a few years now, and the WSJ is the first thing I read every morning. The WSJ offers a similar variety of subjects with more depth. There is something for everyone in the WSJ. The WSJ offers a similar variety of subjects with more depth.

It is of course a remarkable offer getting the wall street journal at $1.99 per week, which can be purchased monthly or on yearly basis, this is must for every trader in 2009



Barry

Tags: , ,
Posted in Investing | No Comments »

Need help explaining what is happening to Wall Street crisis. ?

Sunday, June 1st, 2008
Gemelle asked:


How do i explain to my little brother about what is exactly happening to our economy and wall street. I tell him about what i hear over the news, but that seems to confuse him even more. He’s in 7th grade and they are doing “current events” in history class and he asked for my help. How do i break it down in simple, main points?

Thanks

Monica

Tags: , ,
Posted in Current Events | 2 Comments »