Today's Joke

WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Thursday that the U.S. economy had "turned down sharply" and still faced risks from the housing and finance sectors.

"The U.S. economy ... has turned down sharply. Risks continue to be do the downside," he said, citing troubles both in the housing sector and capital markets.

However, he noted that under an enacted economic stimulus bill, tax rebate checks would begin going out in early May. "We believe that given how they are targeted that they will make a real difference in the economy," he said.



Get it?

He said...

"We believe that given how they are targeted that they will make a real difference in the economy."

OK how about this one...

A dyslexic guy walks into a bra.

You need to focus. Time to make some money. Techs are leading. Volume is up up up. AMR is up 6%. Now that's funny. I think shorts are going to get hurt there.



J

WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Thursday that the U.S. economy had "turned down sharply" and still faced risks from the housing and finance sectors.

"The U.S. economy ... has turned down sharply. Risks continue to be do the downside," he said, citing troubles both in the housing sector and capital markets.

However, he noted that under an enacted economic stimulus bill, tax rebate checks would begin going out in early May. "We believe that given how they are targeted that they will make a real difference in the economy," he said.



Get it?

He said...

"We believe that given how they are targeted that they will make a real difference in the economy."

OK how about this one...

A dyslexic guy walks into a bra.

Zigzag

What is AMR please and what are your thoughts IT?

You need to focus. Time to make some money. Techs are leading. Volume is up up up. AMR is up 6%. Now that's funny. I think shorts are going to get hurt there.



J

WASHINGTON (Reuters) - Treasury Secretary Henry Paulson said on Thursday that the U.S. economy had "turned down sharply" and still faced risks from the housing and finance sectors.

"The U.S. economy ... has turned down sharply. Risks continue to be do the downside," he said, citing troubles both in the housing sector and capital markets.

However, he noted that under an enacted economic stimulus bill, tax rebate checks would begin going out in early May. "We believe that given how they are targeted that they will make a real difference in the economy," he said.



Get it?

He said...

"We believe that given how they are targeted that they will make a real difference in the economy."

OK how about this one...

A dyslexic guy walks into a bra.

Zigzag

What is AMR please and what are your thoughts IT?

Their American Airlines doing what they do best.

FWIW, since you didn't ask me, I think that is about to change. I'd expect they are a good IT buy. Things can't get much worse this side of Chapter 11 for them than the last week and they aren't near Chapter 11. I say AMR is an IT buy.

Edited by milbank, 10 April 2008 - 11:15 AM.

Zigzag

What is AMR please and what are your thoughts IT?

Their American Airlines doing what they do best.

FWIW, since you didn't ask me, I think that is about to change. I'd expect they are a good IT buy. Things can't get much worse this side of Chapter 11 for them than the last week and they aren't near Chapter 11. I say AMR is an IT buy.

Did I type "Their" for "They're"? Ooohh! That goes right through my marrow.

Edited by milbank, 10 April 2008 - 11:18 AM.

Milbank I agree AMR is a good IT buy but I'm looking at it for the ST. I just bought some. I do appreciate your humor by the way. You and Roger crack me up.

SL: They're the airline that has been cancelling flights the last couple of days. Add to that record oil prices and AMR looks poised for an upside correction. If we can break the 20ema and that down trend line on the daily then I think we could have a scorch.

J

Zigzag

What is AMR please and what are your thoughts IT?

Their American Airlines doing what they do best.

FWIW, since you didn't ask me, with what has been going on of late for them, I'd expect they are a good IT buy. Things can't get much worse this side of Chapter 11 for them than the last week and they aren't near Chapter 11. I say AMR is an IT buy.

Milbank I agree AMR is a good IT buy but I'm looking at it for the ST. I just bought some. I do appreciate your humor by the way. You and Roger crack me up.

SL: They're the airline that has been cancelling flights the last couple of days. Add to that record oil prices and AMR looks poised for an upside correction. If we can break the 20ema and that down trend line on the daily then I think we could have a scorch.

Hi Zig. Thanks I'm all for adding a little murth to the proceedings. ;-)
Kudos on your NRO buy. You're up double digits. In case you do not know NB has committed to three more months (through June) at the same monthly dividend.

As far as focus, interesting you should say that, I was confused by the futures versus the open so I waited to see how things shook out in the first 45 minutes. As reality seeped in, I hopped the train, went well past my daily destination so, I've just hopped off. Too nice a day up here in Vanillaville to pass up (clear, upper 60's) so it's back into the humidor and out for a walk.

Edited by milbank, 10 April 2008 - 11:46 AM.

I hadn't been paying attention to NB. That's good to hear. Smokin them stoggies. Cuban?

Milbank I agree AMR is a good IT buy but I'm looking at it for the ST. I just bought some. I do appreciate your humor by the way. You and Roger crack me up.

SL: They're the airline that has been cancelling flights the last couple of days. Add to that record oil prices and AMR looks poised for an upside correction. If we can break the 20ema and that down trend line on the daily then I think we could have a scorch.

Hi Zig. Thanks I'm all for adding a little murth to the proceedings. ;-)
Kudos on your NRO buy. You're up double digits. In case you do not know NB has committed to three more months (through June) at the same monthly dividend.

As far as focus, interesting you should say that, I was confused by the futures versus the open so I waited to see how things shook out in the first 45 minutes. As reality seeped in, I hopped the train, went well past my daily destination so, I've just hopped off. Too nice a day up here in Vanillaville to pass up (clear, upper 60's) so it's back into the humidor and out for a walk.

I hadn't been paying attention to NB. That's good to hear. Smokin them stoggies. Cuban?

I will say this on the record....
It was a Partagas. It is now part of the Great State of Connecticut.

Paulson sees subprime woes contained. Aug 1, 2007

"This is far and away the strongest global economy I've seen in my business lifetime," is how U.S. Treasury Secretary Henry Paulson recently described the current global boom. July 13, 2007

link

Is he really clueless or just trying to keep the speculators and the public out of the markets until he helps his buddies buy enough?!? Nah, I think he is clueless depsite the barrage of reports he receives minute by minute...