Asian Stocks Advance Most Since March as Valuations Decline to 2008 Levels

Excuse me, EXCUSE ME!!!! But didn't stocks LOSE like, 56% in 2008???? Hahahahaha, probably one of the dumbest head lines I've seen in quite a while, wad ever. 

ANYWAY, I'm loving the pop this morning, I brought some AKS yesterday, now, why would I do that??? Welp, I've been waiting, and hoping, for an entry point, and I got it yesterday. My, MAIN, reason, is because the Chairman and CEO, James Wainscott, brought some shares in the green circle, on August 9th. He paid $7.96 for them, so I've been waiting to pick some up UNDER where he brought them. The LAST time he brought shares was at almost the EXACT bottom of the market in 2009, HEY, if it's good enough for him it's good enough for me!! Besides, I know EXACTLY what this outfit is, like GNK, unlike some of those weird Techie outfits that only survive because of Intellectual Property crap! Another reason, possibly, is this thing and the other steel stocks, MAY, get a pop Friday after the Obama speech, if he announces he's going to "steel" another TRILLION DOLLARS of your tax money to build more whore houses for ACORN!

I plan on holding this thing FOR EVER, eeeeerrrrrr, well, maybe until the CLOSE TODAY, hahahahahahaha! Actually, I would like to get a DOUBLE out of it, I don't think that's out of the question, but guess what, I HAVE A STOP ON IT! CAN YOU GUESS WHERE IT'S AT????? PRETTY TOUGH TO GUESS, AIN'T IT!!!!!!!!!!

Free stock pick for 09/07/2011

Ivica at Xpertstocktrader.com

Start trial

WOOOO WEEEEEE! If Ivica LOVED it at this price, he should REALLY love it now:

Urban Outfitters Inc. (URBN) dropped 8.5 percent to $23.60. The clothing retailer said in a filing that “thus far during the third quarter of fiscal 2012, comparable retail segment net sales are low single-digit negative.”

SIGH! I'm just happy as a lark that I didn't get in YESTERDAY! This is just ONE example of you should ALWAYS check for earnings releases BEFORE you get into some thing. 

When to Get Out of Stocks Again
The market is likely to rally back to its bearish resistance line before heading back down. Get Sam Collins' take.

Why the SNB Move Should Scare You
The Swiss National Bank's bold currency intervention shines light on troubling global debt issues. Get Serge Berger's take.

If your an "Oscillator" type, and use them for over bought and over sold, we are coming off of over bought, and aren't quite, "THERE", yet, on the over sold part. The "Trendspotter" on Barcharts is waaaaaaaay up there, and it will take quite a move to trigger a buy signal on it.

Subj: Fw: My favorite Maxine so far!

See you in the slammer...............

Subj: Fw: 25 Great Truths And Possibly the 5 Best Sentences Ever:

GREAT TRUTHS

1. In my many years I have come to a conclusion that one useless man is a shame, two is a law firm and three or more is a congress. -- John  Adams

2. If you don't read the newspaper you are uninformed, if you do read the newspaper you are misinformed. -- Mark  Twain

3. Suppose you were an idiot.  And suppose you were a member of Congress.  But then I repeat myself. -- Mark  Twain

4. I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle. --Winston  Churchill

5. A government which robs Peter to pay Paul can always depend on the support of Paul. -- George Bernard Shaw

6. A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money. --  G. Gordon  Liddy

7. Democracy must be something more than two wolves and a sheep voting on what to have for dinner. -- James Bovard, Civil Libertarian (1994)

8. Foreign aid might be defined as a transfer of money from poor people in rich countries to rich people in poor countries. --  Douglas Casey, Classmate of Bill Clinton at Georgetown University

9. Giving money and power to government is like giving whiskey and car keys to teenage boys. -- P.J. O'Rourke, Civil Libertarian

10. Government is the great fiction, through which everybody endeavors to live at the expense of everybody else. -- Frederic Bastiat, French economist(1801-1850)

11. Government's view of the economy could be summed up  in a few short phrases:  If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it. -- Ronald Reagan   (1986)

12. I don't make jokes. I just watch the government and report the facts. -- Will  Rogers

13. If you think health care is expensive now, wait until you see what it costs when it's free! --  P.J.  O'Rourke

14. In general, the art of government consists of taking as much money as possible from one party of the citizens to give to the other. --Voltaire  (1764)

15. Just because you do not take an interest in politics doesn't mean politics won't take an interest  in you! -- Pericles (430  B.C.)

16. No man's life, liberty, or property is safe while the legislature is in session. -- Mark Twain  (1866)

17. Talk is cheap...except when Congress does it. -- Anonymous

18. The government is like a baby's alimentary canal, with a happy appetite at one end and no  responsibility at the other. --  Ronald Reagan

19. The inherent vice of capitalism is the unequal sharing of  the blessings. The inherent blessing of socialism is the equal sharing  of misery. -- Winston  Churchill

20. The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin.  -- Mark Twain

21. The ultimate result of shielding men from the effects of folly is to fill the world with  fools. -- Herbert Spencer, English Philosopher (1820-1903)

22. There is no distinctly Native American criminal class...save Congress. -- Mark Twain

23. What this country needs are more unemployed politicians. -- Edward Langley, Artist (1928-1995)

24. A government big enough to give you everything you want, is strong enough to take everything you  have. -- Thomas  Jefferson

25. We hang the petty thieves and appoint the great ones to public office. --  Aesop

FIVE  BEST SENTENCES

1.  You cannot legislate the poor into prosperity, by legislating the wealth out of prosperity.

2.  What one person receives without working for...another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it.

5. When half of the people get the idea that they do not have to work, because the other half is going  to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation!

Free stock pick for 09/06/2011

Ivica at Xpertstocktrader.com
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Death Crosses Flashed; Bear Market Confirmed 
Despite the potential for near-term rallies, stocks show few signs of technical strength. Get Sam Collins' take on the markets.
Why the Sell-off May Not be Very Meaningful
The low volume makes it harder to take the price action as seriously as usual. Get Serge Berger's take.

The sell off continued into midnight ET last night, eventually losing 2.9% from Fridays close. It made a pretty cool double bottom at that point, and rallied up to retrace just about 50% of the loss from yesterday
The, "reason", for the rally, is Government intervention, or some times called "MANIPULATION", as the Swiss pledged to "defend" their currency, Swiss franc slumps, European stocks recover poise - AP, as they pegged it at 1.20 to the Euro, effectively putting a CAP on it, which sent the Dollar lower, and commodities HIGHER, which will send energy and commodity stocks higher, which will send our markets higher, etc etc etc! This was done with the blessing of Bennie Da Pumper of course, as it gave him an uncontrollable case of the giggles to see his life's dream in action, that being the fulfillment of his NEW self imposed mandate of CREATING inflation, rather than that old fashioned one of actually trying to control it. His idea of stimulating economic growth is to make the middle class pay as much as he can for gas and food products, which HAS to increase GDP and production, RIGHT??!!!
What a wonderful way to solve all our Economic problems, simply manipulate your currency!! Of course, higher energy costs are going to send our economy down the tubes, even further, and it does NOTHING to solve the main reason for the sell off yesterday, that being the Sovereign Insolvency and the under capitalized European, and US, banks, waaaaaaad ever, IT'S ALL GOOD!
The rally could be an A-B-C retracement of the sell off, in which case we finish that off and then resume the thrust into the depths of hell, one good thing is that I now have a "point" to trade off of, that being the double bottom, it wouldn't surprise me at all that we would go back and "TEST" that low after the open this morning. 
Regardless of how the manipulation plays out, I won't be interested in attempting a LONG idea unless we can get over the high from last Wednesday and Thursday.

Q: Where can men over the age
of 60 find younger, sexy women who are interested 
in them?
A: Try a bookstore under fiction.


Q: What can a man do while his
wife is going through
menopause?
A: Keep busy. If you're handy with
tools, you can finish the basement.
When you're done you'll have a
place to live.


Q: Someone has told me that
menopause is mentioned in the bible. Is that true?Where can it be found?
A: Yes. Matthew 14:92:
"And Mary rode Joseph's ass
all the way to Egypt .."


Q: How can you increase the
heart rate of your 60-plus
year old husband?
A: Tell him you're pregnant.


Q: How can you avoid that
terrible curse of the elderly
wrinkles?
A: Take off your glasses.


Q: Seriously! What can I do for these Crow's feet and all those wrinkles on my face?
A: Go braless. It will usually pull them out.


Q: Why should 60-plus year old people use valet parking?
A: Valets don't forget where they park your car.


Q: Is it common for 60-plus year olds to have problems with short term memory storage?
A: Storing memory is not a problem, Retrieving it is the problem.


Q: As people age, do they sleep more soundly?
A: Yes, but usually in the afternoon.


Q: Where should 60-plus year olds look for eye glasses?
A: On their foreheads.


Q: What is the most common remark made by 60-plus year olds when they enter antique stores?
A: "Gosh, I remember these!"

Subject: How long will you live? 

Try this one out....or………………...You may not want to know!

This calculator, developed by Northwestern Mutual Life, estimates your life expectancy.
There are only 13 questions, but they predict how long you're likely to live.

http://media.nmfn.com/tnetwork/lifespan