Greece will it default or not? If it does what will the default look like? This is going to be a very short post as I have lost interest. This is like the boy who called wolf. Honestly I hope some really rich people and really big banks go down as a result. I would be happy to knock over the first domino. That would make a great video on Utube of a world map starting in Greece and dominoes set up to criss cross the world. I always loved watching huge domino demonstrations. Have a happy Sunday, do something really nice for yourself and don't feel guilty for your self indulgence. You deserve it.
World Markets Weekend Review: A Modest Improvement
6 minutes ago
13 comments:
Just remember, he markets can remain irrational longer than an investor can remain solvent.
Having said that, I remember back on the Housing Panic blog, when everyone kept saying, "When will housing finally crash? It can't go on like this forever!"
And so the same is true with Greece. However - the timing is another thing.
mammoth-there are some things I WON'T buy used. A mattress is one of them. Shoes and underwear, also fall into that category. I also remain leery of hats.
I came home from shopping mattresses and had to take a shower!
I'm with Queen on Greece. They say if you tell a lie long enough people will begin to believe it. I think it is in our nature to be 'worn down' after a spell and simply ignore even the larger questions in life.
That said, I'm taking Queen's advice today and, since it is a bright, shiny new morning, I will simply try to find the joy in smelling the coffee and working the kinks out of my system before the week begins again.
CL and I am with you I won't buy a used mattress.
Funny story I cleaned out the house and garage when Yvonne was in the hospital and put a day bed out at the street. A nice hispanic family knocked on the door and asked if it was for the taking. Of course I said yes, but they took everything but the mattress and box spring. So I took it in the house and made it into a bed for the dogs. They love it.
We bought a used maple bed, mattress and all, in nearly new condition a few years ago. The seller told us it was his daughter's, and that she'd simply decided that she wanted a new bed.
Why the aversion to a used mattress? Is it because people do not want to think about all the #&*%@ activity that may have occured on it in the past? But yet, people are perfectly happy sleeping on a bed at a hotel - and you KNOW what happens on hotel beds!
Just sayin'
Enjoy Sunday all.
Great sentiment Queen.
And a beautiful song.
Kreditanstaltdt, good to hear from you!
The name is rather Bearish, if you have read the historoy of that Bank (you must have, to be using the name), but the markets have been rather Bullish of late, I hope you were able to get on the right side of the long trades.
Well, I would not buy a used mattress, just because they tend to be a bit (or a lot) saggy in one spot where the people slept.
And with a somewhat bad back, that leads to back pains. I find that no matress is firm enough for me now, when I travel I find I always get a sore back the next day after sleeping on any "mattress" no matter what type or manufacturer. I can say that after sleeping on the floor for about 2+ years now, my back feels great.
I don't sleep right on the floor, there is carpet + camping pad + a sleeping bag for a cushion, about 1" total. The point of sleeping on the floor is that is does not, and will not, sag, ever, and keeps my back straight. Plus the magic pillow trick, of course, to make sure the back muscles are relaxed and not stressed while sleeping.
Queen is quite right, no since getting overly depressed, The Great Financial Crisis will be dragging on for years yet, as the PTB are doing everything but the right things.
Those will come near the end, when there is no other alternative.
Which only makes the crisis period drag on longer, and any "recovery" weak and not able to gain traction for long.
Idiotic attempts to pump "liquidity" into the system will just drive up the price of oil and other commodities, until the economy breaks, which it will soon - since oil is an input cost for damn near everything.
Kreditanstaltdt from Vancouver why did you choose that name? It sounds like and interesting story along with what has been happening this past 8 months. Must have cost a few gold coins to buy again on Vancouver Island. So much to catch up on that I would love to Skype with you again some night when it is convenient. Easier for us now that you are not 12 hours ahead of me in time. Maybe we could get Shaza on board too. Just like old times. BTW I lost track of Bill from Thunderbay.
Well, I would not buy a used mattress, just because they tend to be a bit (or a lot) saggy in one spot where the people slept.
And with a somewhat bad back, that leads to back pains...
That has been my experience as well. When I was younger I would use hand me down furniture of all kinds. (Beggars can't be choosy). Now I can afford to be choosy and so don't accept hand me downs much anymore..
My dogs don't complain about the used box spring and mattress. How many dogs have their own bed? LOL
Nice to hear from you again Edgar.
Warren Buffett is not always right, but Jesse thought it was newsworthy.
Warren Buffett Buys US Precious Metals Business from Cookson Group
It sells OTC as CKSNF and has an RSI around 60 just crossed above its 50 DMA. I am not sure but the MACD looks good. I am open for other interpretations as I am not the best at reading charts.
I can see why Tax Haven has changed his name as he no longer is. Welcome back!
I wonder how long this market can keep grinding higher with nary a correction. Like many others, i think, i've been waiting for a correction to increase long exposure but it never comes.
Looking at the breadth inciator:
http://stockcharts.com/h-sc/ui?s=$SPXA150&p=W&yr=3&mn=0&dy=0&id=p16999599168
you could sat that we are at the very beginning of the end of the bull: the chart is starting to flatline as is the fast MACD line. having said that, the chart is saying there's a way to go yet before this bull dies
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