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hmmmm....
Well done! quite fact based and unemotional!
Christine
--- Bob <BHEISLER@xxxxxxxxx> wrote:
> Oh, you mean like Heinz.....
> ----- Original Message -----
> From: sire@xxxxxxx
> To: realtraders@xxxxxxxxxxxxxxx
> Sent: Tuesday, March 09, 2004 4:09 AM
> Subject: [RT] Political Posts
>
>
> I regret that the resurgence of this forum has not
> only turned political, but certain members seem
> intent on bashing members of the opposite party.
> Currently I am voting Democratic, and I resent
> people who insist on criticizing me because of my
> voting preference.
> "democrats want it all"? What does that mean? I
> don't "want it all."
> "Bush should win by a wide margin"? Really? Then
> why is he behind in the polls?
> Why is there no mention of the rich Republicans
> and Corporations who make millions but pay not a
> cent in taxes?
>
> Bob, I have always respected your posts on
> trading, probably because they were more fact-based
> and less emotional. I hope you can return to that
> excellent form.
> As a moderator you should resist turning this
> forum into your own personal soapbox.
>
> Neal
>
>
> >Great story. Heard it before but had forgotten
> about it. Bottom line is that the >top few percent
> of tax payers pay most of the income taxes but
> democrats want it >all. Bush should win this
> upcoming election by a wide margin . . .
> Thanks,
> Bob
>
>
>
>
> Yahoo! Groups Links
>
>
>
>
>
>
>
>
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>
> Great story. Heard it before but had forgotten
> about it. Bottom line is that the top few percent
> of tax payers pay most of the income taxes but
> democrats want it all. Bush should win this
> upcoming election by a wide margin but in four
> years, God help us all because I don't see much of
> anything stopping Hillary considering the huge
> percentage of women who claim they will vote for her
> and it's my opinion she pushed for Kerry so Bush
> would win and she can run against a non-sitting
> republican in 2008. The Clintons still maintain a
> death grip on the D.N.C.
>
> Thanks,
>
> Bob
>
>
> At 08:16 AM 3/6/2004 -0800, you wrote:
>
> Speaking of low taxes, I don't believe that the
> author noted at the bottom wrote this, but it is an
> interesting analogy.
>
> Sometimes Politicians can exclaim; "It's just a
> tax cut for the rich!", and it is just accepted to
> be fact. But what does that really mean? Just
> in case you are not completely clear on this
> issue, we hope the following will help.
>
> Tax Cuts - A Simple Lesson In Economics
>
> This is how the cookie crumbles. Please read it
> carefully.
>
> Let's put tax cuts in terms everyone can
> understand. Suppose that every day, ten men go out
> for dinner.
> The bill for all ten comes to $100. If they paid
> their bill the way we pay our taxes, it would go
> something like this:
>
> The first four men (the poorest) would pay
> nothing.
> The fifth would pay $1.
> The sixth would pay $3.
> The seventh $7.
> The eighth $12.
> The ninth $18.
> The tenth man (the richest) would pay $59.
>
> So, that's what they decided to do.
>
> The ten men ate dinner in the restaurant every
> day and seemed quite happy with the arrangement,
> until one day, the owner threw them a curve.
>
> "Since you are all such good customers," he
> said, "I'm going to reduce the cost of your daily
> meal by $20."
>
> So, now dinner for the ten only cost $80. The
> group still wanted to pay their bill the way we pay
> our taxes.
>
> So, the first four men were unaffected.
> They would still eat for free. But what about
> the other six, the paying customers?
> How could they divvy up the $20 windfall so that
> everyone would get his 'fair share'?
>
> The six men realized that $20 divided by six is
> $3.33.
> But if they subtracted that from everybody's
> share, then the fifth man and the sixth man would
> each end up being 'PAID' to eat their meal.
>
> So, the restaurant owner suggested that it would
> be fair to reduce each man's bill by roughly the
> same amount, and he proceeded to work out the
> amounts each should pay.
>
> And so:
>
> The fifth man, like the first four, now paid
> nothing (100% savings).
> The sixth now paid $2 instead of $3 (33%
> savings).
> The seventh now paid $5 instead of $7 (28%
> savings).
> The eighth now paid $9 instead of $12 (25%
> savings).
> The ninth now paid $14 instead of $18 (22%
> savings).
> The tenth now paid $49 instead of $59 (16%
> savings).
>
> Each of the six was better off than before. And
> the first four continued to eat for free.
> But once outside the restaurant, the men began
> to compare their savings.
>
> "I only got a dollar out of the $20," declared
> the sixth man.
> He pointed to the tenth man "but he got $10!"
>
> "Yeah, that's right," exclaimed the fifth man.
> "I only saved a dollar, too.
> It's unfair that he got ten times more than me!"
>
> "That's true!!" shouted the seventh man.
> "Why should he get $10 back when I got only $2?
> The wealthy get all the breaks!"
>
> "Wait a minute," yelled the first four men in
> unison.
> "We didn't get anything at all. The system
> exploits the poor!"
>
> The nine men surrounded the tenth and beat him
> up.
>
> The next night the tenth man didn't show up for
> dinner, so the nine sat down and ate without him.
> But when it came time to pay the bill, they
> discovered something important.
> They didn't have enough money between all of
> them for even half of the bill!
>
> And that, boys and girls, journalists and
> college professors, is how our tax system works.
> The people who pay the highest taxes get the
> most benefit from a tax reduction.
> Tax them too much, attack them for being
> wealthy, and they just may not show up at the table
> anymore.
> There are lots of good restaurants in Europe and
> the Caribbean.
>
> David R. Kamerschen, Ph.D.
> Distinguished Professor of Economics
> 536 Brooks Hall
> University of Georgia
>
> ----- Original Message -----
>
> From: delta88343@xxxxxxx
>
> To: realtraders@xxxxxxxxxxxxxxx
>
> Sent: Saturday, March 06, 2004 5:36 AM
>
> Subject: Re: [RT] sp500/nasdaq top
>
>
> In a message dated 3/5/04 12:08:51 PM Eastern
> Standard Time, mr.ira@xxxxxxxxxxxxx writes:
>
> The government still claims that there is no
> inflation. Gas prices are $2.50 per Gal. here.
> Almost everything that is purchased is transported
> by truck. That cost will also be on the rise.
>
>
>
> Housing costs continue to rise. Just down the
> road in Palo Alto the average home cost is $985,000.
> Health care costs and other insurance costs are
> skyrocketing as is the commodity index. How much
> longer can the government ignore what is happening?
>
>
>
>
> Low interest rates have not created new jobs
> here, but India and other foreign countries are
> having a boon. We are shipping our jobs overseas
> where the service and manufacturing costs are far
> less. I have to admit, so is the quality of service
> provided by the overseas support.
>
>
>
> Just some thoughts. Ira.\
>
>
>
> This will continue to happen because it has
> little effect on the "Haves." Their petrol bill
> going from $50 a tank to $70 a tank on their SUV is
> barely worth discussing re: the household finances.
> They work for companies that pay their health
> insurance, or at least the bulk of it, and the large
> house they own has doubled in value the past 5
> years. Life is good!
>
> However, for the poor "have nots", they will
> continue to suffer regarding the above. Their meager
> earnings continue to get eaten away by the massive
> inflationary spiral going on. There is no one truly
> representing them in the media because they are
> mostly affiliated with one party. If rolls were
> reversed, and a democratic president was in office
> with the same things going on, you know darn well
> the Republicans would be holding congressional
> hearings, having investigations left and right
> regarding everything that is going on in the energy
> markets, Bush and Cheney's connections to Haliburton
> and the massive energy manipulation play that is
> going on etc.
>
> I'm not trying to be political here, but thats
> the reality. There is absolutely no direction, no
> vision, no goal, no leadership within the democratic
> party. No one is raising any stink about what is
> going on, you hear nothing about it in the media and
> it literally borders on the criminal.
>
> I am not politically affiliated one way or the
> other and I love low taxes. The above is simply my
> perceptions.
>
> ----- Original Message -----
>
> From: EarlA
>
> To: realtraders@xxxxxxxxxxxxxxx
>
> Sent: Friday, March 05, 2004 7:42 AM
>
> Subject: Re: [RT] sp500/nasdaq top
>
>
> Fascinating market action ... SPX has rallied
> to 1162.99 (within my target range) while the price
> of the June 1150 puts I hold (and had orders for
> more) has also rallied. This suggests that the
> market is putting in a blow-off. Had to short emini
> since it looks like they won't fill my put order.
>
>
>
> I assume that this rally is all about the
> perceived notion that the Fed won't raise rates so
> the market can party longer. Not a thought to the
> fact that continued employment problems will lead to
> reduced consumption and other (economic and
> political) fall-out from reduced consumer
> confidence. Foreign currencies are rallying hard
> which means even higher energy prices are in the
> cards.
>
>
>
> Earl
>
>
>
> ----- Original Message -----
>
> From: EarlA
>
> To: realtraders@xxxxxxxxxxxxxxx
>
> Sent: Friday, March 05, 2004 6:11 AM
>
> Subject: Re: [RT] sp500/nasdaq top
>
>
> SPX is very close to long standing target
> range of 1060-1073 which includes: 50% retracement
> to ATH, 200% expansion of Oct02-Mar03 swing, and
> Dec01-Mar02 triple top.
>
>
>
> I closed out long emini position just ahead of
> Thursday's close leaving in place a SPX put
> established on Wednesday. I also have orders working
> to add to put position on any rally from monthly
> Employment Lie. During the past couple of weeks I've
> closed out all trading positions in stocks and now
> hold significant cash position. I still like energy
> stocks and hold core positions to which I will add
> during any correction in equities.
>
>
>
> There should be good support in the 1015+-
> area which includes the 38% retracement to the Mar03
> low and the Jun-Jul03 highs. If this area holds,
> then another run to higher highs (1250+-) could be
> in the cards. On a fundamental basis, the market is
> richly priced and risks are strongly to the downside
> should the public lose its taste for speculation.
>
>
>
> Earl
>
> ----- Original Message -----
>
> From: profitok
>
> To: astrofin@xxxxxxxxxxxxxxx ;
> realtraders@xxxxxxxxxxxxxxx
>
> Cc: Yacov Twena ; vincent ; U.
> Stuart-Auslander@xxxx Net (E-mail) ; Slawek (E-mail)
> ; Ronald McEwan ; Ron Miller (E-mail) ;
> panda2222@xxxxxxxxxxxxx ; ntt-list@xxxxxxxxxxxxxxx ;
> Ned Markson (E-mail) ; Mike Burk ; Kate (E-mail) ;
> Jseaton357@xxxxxxx ; Gocycles@xxxxxxx ; Elizabeth
> (E-mail) ; doroty.h ; Dom Perrino! ; Dan C (E-mail)
> ; Cyclesman (E-mail)
>
> Sent: Thursday, March 04, 2004 9:43 PM
>
> Subject: [RT] sp500/nasdaq top
>
>
> Most likely 3/5/04 should be a top for a
> while
>
>
>
> get out of longs and if you have long term
> gains consider writing calls
>
>
>
> most likely next is 1050 on sp
>
>
>
> if I am wrong, the max upside is only 10-15 sp
> points
>
>
>
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