Moneytalk Bob Brinker Summaries - Information ONLY
- KirkL
- Arcane
- TONYBRIG
- RandeS
- TONYBRIG
- RandeS
- KirkL
- TONYBRIG
- RandeS
- JenL_3
This archived discussion is "read only".
For the corresponding "live" discussions, post in the active topic forum here.
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» KirkL - Thanks, but....
we plan to keep this site free forever.My idea is from twelve-steps where "you have to give it away to keep it". To me, this is another way of saying what many that teach say "the best way to learn a topic is to teach it".
Thus, I figure we "pay" by contributing and in doing so we also benefit.
Pretty nice system, eh?
re Traders. I heard that most "inexperienced" do lose their shirts but experience traders just use the new tools to do even better. Some hope the schools will really teach them, but all should know too that "those that can do....." and the best teachers are usually mentors like we have here. Those "schools" are selling hope and/or seats in their "trading dens" where they can collect commissions from trading junkies.
btw, you do not have to hit a carriage return on this site like you do on BB's site. Just keep typing and it will format the text for you. Of course, you may know this and like to use "the poetry style" for all posts...so don't get offended.
-- posted by KirkL
» Arcane - TONYBRIG
Love your "down to earth" approach. Don't stop, thread bullies be damned.Strongly disagree with you on one issue however, and that is, "BB will have to EAT HIS WORDS...". Never happen. Can you imagine bb admitting a mistake? Even Slick Willie could learn a thing or two from this revered spinmaster.
-- posted by Arcane
» TONYBRIG - Eatn words/Day Trading/Giveaways
He can be trapped into eatn his words.How about if I propose an interview by
Ruykeyser and TonyfromBklyn we will take on
BB and Bb jr.
Day trading schools will work if the proper technique is used and the school gets their cut only if the trader is successful. I believe Kirk
could be a good teacher for these "Salons."
Just kidding about charging for this site $ wise
anyway. But consider that some exchange should be
volunteered by the person who is helped/entertained by this site. Recommend 2 people could be a good suggestion.
If that is done by each member of this board then
we will zoom our eyeballs, etc.
Rande........... you listening?
BestofLuck
TonyfromBklyn
-- posted by TONYBRIG
» RandeS - Thanks Tony.
Thanks Tony. Hey, anybody been noticing the "quiet" outperformance of the small-caps over the last six trading days or so? And how about the DJ Transportation Index? Market must really believe those low oil prices are here to stay. Some interesting stuff going on all around as the large caps bounce around in their narrow range.-- posted by RandeS
» RandeS - You can look up leading and lagging indicators, I think, at BLS
You can look up leading and lagging indicators, I think, at BLS or Federal Reserve websites. They include (or used to) average workweek, unemployment claims, new orders for consumer goods, new building permits, inventory changes, M-2, borrowings, etc., etc. and OF COURSE, stock prices.BTW, no "scoop." Check out Brinker site -- earlier discussion pretty well exhausted it.
-- posted by RandeS
» JenL_3 - Rande's WSJ Quote
In Wed. 3/3/99 The Wall Street Journal page 1 in the Tax Report column:SUPPORT SWELLS in Washington for liberalizing retirement-savings rules.
Senate Finance Committee Chairman William V. Roth plans to introduce a bill, possibly this week, that includes sweeping changes in retirement savings plans that he proposed in January. The bill would eliminate income restrictions on contributing to tax-deductible IRAs and Roth IRAs, raise the income limits for Roth IRA conversions to $1 million from $100,000, and increase maximum contributions for IRAs and 401(K), 403(b), 457 and SIMPLE plans. It also would permit investors over age 50 to made 50% higher contributions and allow after-tax contributions to 401(K) and 403(b) plans, letting earnings grow tax free.
While some initiatives would pinch revenue, "it's a trade-off," says Rande Spiegelman, a manager at KPMG, San Francisco. "People will more easily take diminished Social Security benefits if they have more chances to save. "Bipartasan support is gathering around many moves to liberalize retirement savings, particularly by raising the $2,000 IRA contribution limit.
If the limit had been indexed for inflation, it would be about $5,350 today.
Rande is also quoted in the Friday 2/26/99 Investors Business Daily, but they were all out at my newstand. If anyone has the IBD article, please post an excerpt of the article here.
Congratulations Rande, that's Star Power!
.....Jen
-- posted by JenL_3
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