southsider2k5

QUOTE(mreye @ Feb 28, 2007 -> 02:57 PM) I know nothing about our market working well. I'm sure you get it, Mike. Anyways, to add to one of my points on the lack of a correction.... The streak the Dow had of over 200+ days without a 2% downday was the second longest streak in the HISTORY of the Dow Jones Industrial Average. A correction was way over due.

I turned a few things off to save some queries... we should be OK now.

That is a falsehood. The writers have plans for this show for seven seasons worth of episodes according to what I have read. This show is way too complex to just throw together week to week, or even season to season. The frame of these episodes has been figured out for years in advance.

QUOTE(Balta1701 @ Feb 28, 2007 -> 10:47 AM) Working well? After yesterday's computer issues? He wasn't speaking about the computer issues at all. He was speaking about the effeciency and clarity of the marketplace.

Two big "Duh's" here Of course illegal's incarcerations rates are lower, they send them home, not jail, if they commit a low level crime, and they are caught. Its cheaper than the local municipalities incarcerating them. Also the incentive is to stay out of trouble so that they can stay here, not to get into trouble so their families who are depending on their income back home don't suffer. #2 if you give all of the lowest level jobs to immigrants it means that if a person is going to get a job, it is going to be a higher paying job, or nothing. This is borne out by the missing paragraph...

Ah, this thread puts a nice big smile on my face

I believe a behavior clause exsists in all MLB contracts. That is exactly how the Rockies got rid of Denny Naegle and the O's dumped Ponson after their misadventures with the law. I think Mathews actions could fall under the same vein, if they are indeed true. It would be mail fraud.

QUOTE(vandy125 @ Feb 28, 2007 -> 12:09 PM) Why did they lose Medicaid? Seriously, how do you lose Medicaid? Also why do people really think that more government involvement is going to make things better? The article sights the Medicade treatment rates, what would make people think that dumping everyone into a program like that, would make it run quicker?

Anyone still upset about not signing this guy?

Quote of the Day from our esteemed Federal Reserve Bank President Ben Bernanke "The markets appear to be working well" Thanks Mr Obvious you are a life saver!

QUOTE(southsider2k5 @ Feb 28, 2007 -> 10:21 AM) OK whoever has something from grandfamily.com in their post or sig needs to kill it, because it keeps popping up a sign in prompt everytime you open this thread! NVM, it was athomeboy. I took a part out of your signature that was triggering a pop up.

OK whoever has something from grandfamily.com in their post or sig needs to kill it, because it keeps popping up a sign in prompt everytime you open this thread!

Coming in for the "one way ticket to hell" category, is Knightni in the Santo HOF thread QUOTE(knightni @ Feb 27, 2007 -> 03:39 PM) He's not half as qualified as he used to be. But I am stumped as to why they denied him.

QUOTE(NorthSideSox72 @ Feb 28, 2007 -> 08:39 AM) Interesting discussion, but I think that people who are either outraged or joyful are missing the point. For a person of faith, I don't see why Jesus having potentially been married or having kids is detrimental. It just makes him that much more of the flesh, and further expands on one of the things that makes Christianity somewhat unique - God in human form. It also makes thing much more realisitic I understand my history. It would have been really odd for a Jew of Christ's age to not have married, and it would have made people weary of listening to him.

QUOTE(IlliniKrush @ Feb 28, 2007 -> 02:36 AM) No one won the mega millions, it's up to 267 million for Friday, yikes. Go ahead, and donate your money to me directly if you like

I think you summed out how I felt about the night almost exactly. Really anymore I do hate watching the show because Paula Abdul will not STFU ever. She has to talk over everyone, and it gets really annoying really quick.

QUOTE(NorthSideSox72 @ Feb 27, 2007 -> 03:53 PM) I agree that happens way too often. But here is a question then... given that guarantees them a life of struggle and mediocrity... why do people do it? Are they just lazy? Or are they so convinced they'll never get out that they don't try? I don't have a specific answer in mind. Just curious about people's theories. After learning what I have with a wife as a teacher in a school which has a 70% poverty rate, and my run for school board, the answer is that there is a solid mix of both. Usually it is the convincing that they will never get anywhere that leads them to be lazy. What is amazing is how young it starts in kids, and the circumstances that they come from. I could tell you some stories about the kids and their "family" lives that would just blow your mind. For many of these kids, school is a low priority, and for others it is a place to get their only meal, and stay warm. For others it is a place where mommy's boyfriend won't kick you ass again. I think we identify the problem too late in life to fix it. Kids need hope young, because by the time they are lazy adults it is too late.

Economics 101 is now in session -With China down 9%, which started this whole thing, they are afraid of inflation which is being caused by the much higher commodity prices (think energies, metals, food stuffs, etc). Being an net importer of capital good for their cheap exports, they are going to be under a HUGE crunch if prices keep going. The problem is in the US, we have known this kind of information all along, while the Fed bank has taken small incremental steps to adjust to the problem. In China there is a complete lack of independant information, and when the Chinese government let slip they were going to raise rates to stem off inflation there, everyone got scared. -In the US, we the China factor, plus Greenspan speaking of possible recession in 08, plus the fact that the market really was over bought from a technical standpoint. From the start of this rally, we have had pretty much a 20% straight line increase, which is just begging for a technical correction. We hadn't even had a 2% downday on the Dow Jones in almost a year. -Usually a big sell-off like that marks the end of a prolonged sell-off and idicates the beginning of the end. But since this was at the end of a rally, its harder to tell what it means. From a technical standpoint, Europes two day losses pretty much fell right in-line with our near 4% one-day declines, and China also rallied about 4% last night, which left them as about a 5% net loss (also pretty close to our net loss). In other words no one broke out any lower, which if this was the beginning of a panic (panic because of the huge sell-off at the beginning, and not a slow orderly correction, finishing with a sell off at the end) there should have been more blood in the water somewhere around the world. At worst, there should have been an inability in China to rally, signaling an absense of buyers, which didn't happen. All of that is very positive indicators. -Also the Dow futures is up just under 100 points in pre-open trading. This means there are people looking for bargains, and not panicing. -Personally, I think this was a long over-due correction, which when considering the rally we have had, and the bad news from around the world and US, wasn't really that bad. I think we should be all right, but the number I would keep an eye on would be 12000 in the Dow. If we breach that, the next stop is probably the old record of about 11700, which would be dangerously close to a full 10% drop (about 11500), which would be the first official bear market since the post 9-11 recession drops. If we go into that, the whole mood changes, and all bets are off. Hopefully that helps. Let me know if that didn't make sense, or if anyone has questions.

QUOTE(FlaSoxxJim @ Feb 27, 2007 -> 02:48 PM) Then STOP POSTING, man!! Heck these stupid markets don't realize if they are busy than I can't post on Soxtalk Just to let you guys know what today was like, this has been the busiest day in our companies (short) history. They have been around since 1998, and this is the most fills we have ever done.

QUOTE(Balta1701 @ Feb 27, 2007 -> 02:43 PM) Is that CNN article out of date or something? The linked article only has it down 212. Its down 383 as I post.

The volitility is just crazy right now. Its weird to have a big blood letting without a prolonged sell off.

Its never a bad idea to play the sites against the hotels. Hotels usually have to pay a fee for rooms booked through the sites other than there own.

QUOTE(knightni @ Feb 26, 2007 -> 11:12 PM) Scuse me Mr Admin. You're supposed to PM ME um... sir. *sigh* PM sending now... Bah, that doesn't get my post count up! I'm in.

QUOTE(Balta1701 @ Feb 27, 2007 -> 11:47 AM) So, here's a giant shocker...you know how we've suddenly starting having much more common outbreaks of food-borne pathogens, like the E-Coli spinach outbreak or the contaminated food @ Taco bell a few weeks ago? Guess what...it just so happens that we've also been slashing the budget at the FDA that goes to inspecting for those sorts of problems. Link. Don't worry, I'm sure the Free Market will take care of things, right? After all, people clearly have the ability to evaluate on their own whether or not their food is safe to eat, right? Have you ate at Taco Bell lately? I know I haven't.