Goldman finally downgraded all the drillers and most of the service companies today. i suspect this is the final capitualation but who knows. I don’t usually grab at falling knives.
On the market, the cost to be short has risen to historically high levels from which we usually see a strong bounce.
You’re right, this is not the kind of scenatio that the market faced in late 2008/early 2009.
“for basic baby stuff that you can get mailed to your house, better deal shopping on-line.”
Thanks M4L. We actually haven’t bought lots of baby stuff…yet. We’ve been very fortunate, people have given us tons of stuff.
And I gave one of the 20% off coupons to someone who wants to get us a big $ item.
But like THL said, it’s amazing how people don’t give the necessities but adorable crap that they’ll only use for one month.
“BP is getting almost the entire brunt of the criticism because they are actually out there trying to fix things. Not excusing them in any way, but dont think they should be destroyed, either.”
I’d buy that except for the fact that they’ve been shown to have blatantly been ignoring standard industry safety procedures in an effort to cut costs.
DCB, the world econ on an absolute basis aint doing great. not bad but not great. I think low to mid 9k’s is appropriate as the mkt waits for more clear signs of where this global econ is going
RIG has a much worse attitude than BP. They are fighting responsibility tooth and nail.
BP is getting almost the entire brunt of the criticism because they are actually out there trying to fix things. Not excusing them in any way, but dont think they should be destroyed, either.
“In my neighborhood we have a vast contingent
of people riding adult tricycles. no joke.”
Must be the same people who complain they aren’t allowed in a kiddie park without a child.
Goldman finally downgraded all the drillers and most of the service companies today. i suspect this is the final capitualation but who knows. I don’t usually grab at falling knives.
On the market, the cost to be short has risen to historically high levels from which we usually see a strong bounce.
You’re right, this is not the kind of scenatio that the market faced in late 2008/early 2009.
“for basic baby stuff that you can get mailed to your house, better deal shopping on-line.”
Thanks M4L. We actually haven’t bought lots of baby stuff…yet. We’ve been very fortunate, people have given us tons of stuff.
And I gave one of the 20% off coupons to someone who wants to get us a big $ item.
But like THL said, it’s amazing how people don’t give the necessities but adorable crap that they’ll only use for one month.
DCB,
National Debt is set to equal GDP in 2011.
13,000,000,000,000/13,000,000,000,000= 100% problem.
Maynard Keynes on long term debt:
“we’ll all be dead by then”
well he’s dead now. but we’re still here!
“BP is getting almost the entire brunt of the criticism because they are actually out there trying to fix things. Not excusing them in any way, but dont think they should be destroyed, either.”
I’d buy that except for the fact that they’ve been shown to have blatantly been ignoring standard industry safety procedures in an effort to cut costs.
“thanks cobble, yeah we decided she’s pretty nifty and we’re going to keep her.”
Excellent decision! ; )
“In my neighborhood we have a vast contingent
of people riding adult tricycles. ”
I just threw up in my mouth a little bit.
I’m not usually one to judge peoples lifestyle choices but that’s ridiculous.
DCB, the world econ on an absolute basis aint doing great. not bad but not great. I think low to mid 9k’s is appropriate as the mkt waits for more clear signs of where this global econ is going
RIG has a much worse attitude than BP. They are fighting responsibility tooth and nail.
BP is getting almost the entire brunt of the criticism because they are actually out there trying to fix things. Not excusing them in any way, but dont think they should be destroyed, either.