tagged w/ Stocks
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When cycle forecaster Charles Nenner told the Fox Business network yesterday that the Dow Jones was set to collapse to the 5,000 level on the back of a “major war” that will shake the globe at the end of 2012, hosts David Asman and Elizabeth MacDonald sat in stunned silence.
Nenner, a former technical analyst for Goldman Sachs, is head of the Charles Nenner Research Center, which purports to be able to predict market trends with a computer program based around pattern forecasting and securities analysis. Nenner predicted the stock market and housing collapse over two years before the fall of Lehman Brothers.
Nenner predicts that the Dow is heading down to just 5,000, a gargantuan drop given that it now hovers above the 12,000 level and only sunk as deep as 6,547 during the lowest ebb of the economic collapse in March 2009.
On the back of this forecast, Nenner has advised his clients to vacate the market almost entirely.
“I told my clients and pension funds and big firms and hedge funds to almost go out of the market, almost totally out of the market,” said Nenner, saying that the collapse will unfold over the course of a couple of months and that the reversal will come when the Dow hits just above the 13000 level.
What could prompt such a dramatic fall? An oil shock that could be kick-started by Friday’s “day of rage” protests in Saudi Arabia or something else?
According to Nenner, who studies war and peace cycles, the collapse will be initiated by “a major war starting at the end of 2012 to 2013,” a startling claim to which the host David Asman merely responded, “wow”.
Excuse me? A financial strategist who has been deadly accurate in the past and has just told all his clients to get out of the market predicts a “major war” that will lead to a stock market collapse and the best Asman can come up with is “wow”?
Since the hosts failed to follow up on Nenner’s astounding statement, who this war will be between and how it will start is anyone’s guess, but it seems inevitable that its roots will be in the current unrest we see spreading like wildfire across North African and the Middle East.
http://www.youtube.com/watch?v=7vcTm4XE4EAWhen cycle forecaster Charles Nenner told the Fox Business network yesterday that the... more
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Hugh Hefner, who launched the legendary Playboy magazine in 1953 and converted it into a public venture in 1971, is going to buy back the Playboy Enterprises. The deal has been unanimously approved by the board of directors of the media company.Hugh Hefner, who launched the legendary Playboy magazine in 1953 and converted it into... more
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Alstom
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added this
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1 year ago
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( I paraphrase )
Perfect Marriage | Estrogen for Testosterone in Wall Street
Anne of Carversville
Smart Sensuality People with Heart
When I first wrote “Wall Street Needs Two Queens and a Great Dame”, no one would listen to me. Posted over at BlogCritics, such radical thinking got me nowhere.
With today’s cover article at New York Magazine titled “What If Women Ran Wall Street”, I’m taking back my words, bringing them home where hopefully more people will listen to me.
I’m so much smarter since the day I wrote the original essay on men, testosterone and trading. I watched yesterday’s health care debate, with mostly Republican men defending the good old days of America’s founding.
That would be the days when women had no rights and couldn’t vote, although they could get abortions. I don’t have this Tea Party Desire to get back to the days when we killed all the Indians and introduced guns to the Wild West.
Life in the 21st century is not romantic fiction, and I would like the boys club to get serious about the future. Our John Wayne cultural history needs a shakeup, which typically happens when people grow up into adulthood.
New York Magazine writer Sheelah Kolhatkar asked Sheila Bair chairman of the FDIC, about new testosterone research implications for the financial markets, and her two top men had a good laugh:
… the two men sitting in on our interview—Andrew Gray, her press director, and Jesse Villarreal, her chief of staff—burst out with horrified laughter, as if it were the most absurd thing they’ve ever heard. Bair responded more carefully. “With some of those academic studies, I can see what they’re saying, and I think there may be some truth to that, with the caveat that you should never categorize people,” she said. “Perhaps from a risk-management standpoint, having diversity and different perspectives and attitudes is helpful.”
While Bair is regarded in some circles as a prudent, risk-averse regulator who helped save the banking system, she’s made quite a few enemies along the way. She’s publicly feuded with Citigroup CEO Vikram Pandit, even pushing for a shake-up in Citi’s management. Meanwhile, Treasury Secretary Timothy Geithner has reportedly fought to push Bair out of her job. via New York Magazine
Bottom line, the question is whether or not the global economy should be run like a crapshoot. When men speak of the logic of the markets, there is little.
Being feminist to the core, I never struggled with the idea that female biology is different than male biology — even though the admission nearly got me run out of an Intel Conference by the PhD ladies from Berkeley.
continued at . . .
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http://www.anneofcarversville.com/hopetracker/perfect-marriage-estrogen-for-testosterone-in-wall-street.html( I paraphrase )
Perfect Marriage | Estrogen for Testosterone in Wall Street
Anne... more
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UEC interview with CNN UEC, (AMEX: UEC). In this interview UEC reveals why the stock UEC is in such a great position to profit. Plus you'll also find out how to get free - access to the best penny stock newsletter in the business - UEC, (AMEX: UEC). Watch the entire UEC interview for free at http://www.thebullreport.com/profiles/uranium-energy-corp/ to learn more about Uranium Energy Corp. (Public, AMEX:UEC) and their uranium mining business-- with profits in mind for UEC.UEC interview with CNN UEC, (AMEX: UEC). In this interview UEC reveals why the stock... more
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Shocking evidence of conditions akin to slavery on trawlers that provide fish for European dinner tables has been found in an investigation off the coast of west Africa. Forced labour and human rights abuses involving African crews have been uncovered on trawlers fishing illegally for the European market by investigators for an environmental campaign group. http://www.makeahistory.com/index.php/recent-news/6577-horror-fishing-Shocking evidence of conditions akin to slavery on trawlers that provide fish for... more
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worrg
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added this
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1 year ago
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Forex is the most dangerous asset because of the leverage that it implies and gives a trader
Power Pick: (DHR)Forex is the most dangerous asset because of the leverage that it implies and gives a... more
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Guest: Mike McMahon, Instructor, Online Trading Academy
-ETF is not a stock but a basket of diverse portfolio
Power Pick: (STD)Guest: Mike McMahon, Instructor, Online Trading Academy
-ETF is not a stock but a... more
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HERE IS HOW KATX.. "A SMALL MINING COMPANY".. WILL BREAK AWAY FROM KNOWN MM MANIPULATION "naked shorting of penny stocks " AND THE GROUPS WHO ARE ASSOCIATED WITH THEM. $$ COORDINATED MARKET MANIPULATION $$ .....ONCE IN A BLUE MOON A GREAT LITTLE COMPNY WILL GROW AT A ASTRONIMICAL RATE AND WILL DO EXACTLY THE **OPPOSITE** OF WHAT THE WALL ST. MARKET MAKERS THOUGHT !...".I own shares in a small mining company in Newfoundland Canada who has had a PHENOMENAL RISE IN IT'S PRICE SHARE ...KATX RAN FROM .001 IN NOVEMBER LAST YEAR TO 24 CENTS...(( 23900 % ))..A RECENT PULL BACK IS DIRECTLY RELATED TO " and yes I have proof ! " WHAT IS ABOUT TO HAPPEN IS THAT KATX IS MOVING TO A DIFFRENT "higher" EXCHANGE ...AKA ((( OFF THE PINK SHEETS ))) .........GO DOWN TO PART -3- WICH IS THE MOST IMPORTANT PART........>>Step 3. KATG submits a “friendly takeover” offer to shareholders to purchase KATC outright, which the KATC board of directors will recommend that shareholders accept. This offer will either be cash, shares of KATCHERE IS HOW KATX.. "A SMALL MINING COMPANY".. WILL BREAK AWAY FROM KNOWN MM... more
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Regulators are scrutinizing what some in the stock market are calling "quote stuffing," trading in which unusually large numbers of orders to buy or sell stocks are placed in a fraction of a second, only to be canceled almost immediately.
The Securities and Exchange Commission has begun looking into whether the practice is putting some investors at a disadvantage by distorting stock prices, according to people familiar with the matter. The SEC is looking at what role, if any, quote stuffing played in the May 6 "flash crash," when the Dow Jones Industrial Average collapsed 700 points in minutes, the ...Regulators are scrutinizing what some in the stock market are calling "quote... more
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Guest: Tillie Allison, Instructor, Online Trading Academy
-Ensure consistent rate of return without taking too much risk
Power Pick: (MFE)Guest: Tillie Allison, Instructor, Online Trading Academy
-Ensure consistent rate of... more
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Guest: Marty Dim, Instructor, Online Trading Academy
-Options fallacy number 1: 90% lose their money on options
Power Pick: (JBHT)Guest: Marty Dim, Instructor, Online Trading Academy
-Options fallacy number 1: 90%... more
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Guest: Justin Krebs, Instructor, Online Trading Academy
-A good trader must have a good eye on the market trends and conditions
Power Pick: (GBP-USD)Guest: Justin Krebs, Instructor, Online Trading Academy
-A good trader must have a... more
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Guest: Bruce Millbury, Instructor, Online Trading Academy
-As a trader, you must be able to master how to exploit the opportunity
Power Pick: (CVD)Guest: Bruce Millbury, Instructor, Online Trading Academy
-As a trader, you must be... more
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Guest: Diana Hill, Real Estate Instructor, Online Trading Academy
-The real estate industry is a major contributor to the economy that will make a big impactGuest: Diana Hill, Real Estate Instructor, Online Trading Academy
-The real estate... more
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Guest: Dr. Woody Johnson, Instructor, Online Trading Academy
-Skill building revolves around habitual, effective routines and feedback system
Power Pick: (XOM)Guest: Dr. Woody Johnson, Instructor, Online Trading Academy
-Skill building revolves... more
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Monday, July 26, 2010
Guest: Rudy Novak, Instructor, Online Trading Academy
-In trading, it's not about you, it's all about the market.
Power Pick: (LNT)Monday, July 26, 2010
Guest: Rudy Novak, Instructor, Online Trading Academy
-In... more
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Guest: Marty Dim, Instructor, Online Trading Academy
-Options fallacy number 1: 90% lose their money on options
Power Pick: (JBHT)Guest: Marty Dim, Instructor, Online Trading Academy
-Options fallacy number 1: 90%... more
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Guest: Josip Causic, Instructor, Online Trading Academy
-Technical analysis enhances your probability of successful trades
Power Pick: (SLW)Guest: Josip Causic, Instructor, Online Trading Academy
-Technical analysis enhances... more
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Guest: Rick Wright, Instructor, Online Trading Academy
-If education is expensive, try ignorance.
Power Pick: (EL)Guest: Rick Wright, Instructor, Online Trading Academy
-If education is expensive,... more
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AN Indian court has ruled that Hindu gods cannot deal in stocks and shares, after an application for trading accounts to be set up in their names.
Two judges at the Bombay High Court on Friday rejected a petition from a private religious trust to open accounts in the names of five deities, including the revered elephant-headed god, Ganesha.
"Trading in shares on the stock market requires certain skills and expertise and to expect this from deities would not be proper," judges P.B. Majumdar and Rajendra Sawant said, according to Indian newspapers.
The trust, owned by the former royal family of Sangli, in western Maharashtra state, of which Mumbai is the capital, brought the case after successfully securing income tax cards and savings accounts for the deities.
But National Securities Depository Limited (NDSL) rejected the trust's application for permission to open trading accounts, arguing that it would be difficult to take action against the gods in the event of irregularities.
"Gods and goddesses are meant to be worshipped in temples, not dragged into commercial activities like share trading," the judges said.
Ganesha, also known as Lord Ganpati, is one of the most popular and well-known gods of the Hindu pantheon and is worshipped widely in Mumbai and Maharashtra.
Read more: http://www.news.com.au/business/breaking-news/hindu-gods-cant-trade-in-shares-court/story-e6frfkur-1225893318557#ixzz0txlROTZoAN Indian court has ruled that Hindu gods cannot deal in stocks and shares, after an... more
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eden49
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added this
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1 year ago
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