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Print in friendly format Send this term to a friend  Grand Sport
RPO Z16.

A one year special. 1000 were made to honor both the end of the C4 and the original racers, called Grand Sports, from 1963.

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runner140 Todays financials......
Master Guru
Ft. Lauderdale, Florida
721 Posts
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To start, at 10:35 we have the petroleum utilization report.
Its the weekly report to show use vs production and refining
utilization.

The commerce dept. at 10:00 reports May new home sales. It is expected to show a drop of 3% from April.

The Fed reports at 2:15 and will discuss interest rates and inflation.

Consumer confidence, over 800 fires in California and flood waters begin to recede in some parts of the midwest.

Another day in paradise.
Posted on: 2008/6/25 12:27
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DaleD Re: Todays financials......
Senior Guru
Cuyahoga Falls, Ohio
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Inflation is here. Consumer confidence, including my own is at a low.

But, on the bright side, I read yesterday where an oil fund, US Oil, had all 8.7 million shares being sold short.

Looks like oil is coming down, but as we have learned, that doesn't necessarily mean gas prices are coming down.
Posted on: 2008/6/25 12:31
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TommyT-Bone Re: Todays financials......
Chair-man of the bored
Homestead USA
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Things for me today are A/OK. Got a roof over my head, food on the table and some money in the bank. My consumer confidence level is high because I'm still spending. My gasoline supply is stable. Unfortunately, that's not the case for everyone. Todays tip... Save in the good times so you can weather the bad times. Yes , there will be bad times.
Posted on: 2008/6/25 12:46
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smooth Re: Todays financials......
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Formerly "Aquavet" in Pa.
386 Posts
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I think you've hit the nail on the head Tommy.
Posted on: 2008/6/25 12:51
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Alan
2001 Navy Blue Metallic
Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind. Dr.Seuss
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DaleD Re: Todays financials......
Senior Guru
Cuyahoga Falls, Ohio
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Quote:

TommyT-Bone wrote:
Todays tip... Save in the good times so you can weather the bad times. Yes , there will be bad times.


Tommy, I think you got your philosophy here:

Posted on: 2008/6/25 12:52
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runner140 Re: Todays financials......
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Ft. Lauderdale, Florida
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We read daily of "demand destruction" on a worldwide scale but really havn't seen the results yet (lower prices).

If you look at the price of crude from a technical basis, its due for profit taking, but when and how much?

The pro's (institutions) start to go short/take profits in this area (crude at $137.) and buy back in the low $130.'s.
They will play this trading range until it either breaks above or below the above limits.

One positive result from these high prices is its getting people to buy smaller cars with better gas mileage and its getting popular to look and find alternatives.
Posted on: 2008/6/25 12:55
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TommyT-Bone Re: Todays financials......
Chair-man of the bored
Homestead USA
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Re: The Grasshopper and the Ant.

I wish I did pick it up early . I finally learned it from the school of hard knocks.
Posted on: 2008/6/25 12:57
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DaleD Re: Todays financials......
Senior Guru
Cuyahoga Falls, Ohio
1389 Posts
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Quote:

TommyT-Bone wrote:
Re: The Grasshopper and the Ant.

I wish I did pick it up early . I finally learned it from the school of hard knocks.


Me too.
I've always been a saver, and not a risk taker. I guess that explains why I'm not wealthy? But I'm ok with that.
I just wish my kids had learned more of my thrifty ways.
Posted on: 2008/6/25 13:03
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Matatk Re: Todays financials......
Webmaster
SW Chicago Burbs
22805 Posts
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2008/1/7 0:00



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But there's a new story, Tommy, about the ant and the grasshopper:

Quote:

...The ant works hard in the withering heat all summer long,
building his house and laying up supplies for the winter. The grasshopper thinks he's a fool and laughs and dances and plays the summer away. Come winter, the shivering grasshopper calls a press conference and demands to know why the ant should be allowed to be warm and well fed while others are cold and starving.

CBS, NBC and ABC show up to provide pictures of the shivering grasshopper next to video of the ant in his comfortable home with a table filled with food. America is stunned by the sharp contrast. How can it be that, in a country of such wealth, this poor grasshopper is allowed to suffer so. Then a representative of the NAGB (The National Association of GreenBugs) shows up on Nightline and charges the ant with green bias, and makes the case that the grasshopper is the victim of 30 million years of greenism. Kermit the Frog appears on Oprah with the grasshopper,
and everybody cries when he sings "It's not easy being green."

Bill and Hillary Clinton make a special guest appearance on the CBS Evening News to tell a concerned Dan Rather that they will do everything they can for the grasshopper who has been denied the prosperity he deserves by those who benefited unfairly during the Reagan summers. Richard Gephardt exclaims in an interview with Peter Jennings that the ant has gotten rich off the back of the grasshopper, and calls for an immediate tax hike on the ant to make him pay his "fair share."

Finally, the EEOC drafts the "Economic Equity and Anti-Greenism Act" retroactive to the beginning of the summer. The ant is fined for failing to hire a proportionate number of green bugs and, having nothing left to pay his retroactive taxes, his home is confiscated by the government. Hillary gets her old law firm to represent the grasshopper in a defamation suit against the ant, and the case is tried before a panel of federal hearing officers
that Bill appointed from a list of single-parent welfare moms who can only hear cases on Thursday's between 1:30 and 3:00 PM.

The ant loses the case.

The story ends as we see the grasshopper finishing up the last bits of the ant's food while the government house he's in, which just happens to be the ant's old house, crumbles around him since he doesn't know how to maintain it. The
ant has disappeared in the snow. And on the TV, which the
grasshopper bought by selling most of the ant's food, they are showing Bill Clinton standing before a wildly applauding group of Democrats announcing that a new era of "fairness" has dawned in America.


Matthew
Posted on: 2008/6/25 13:39
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1989 Corvette...RIP
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DaleD Re: Todays financials......
Senior Guru
Cuyahoga Falls, Ohio
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Ahhhh, the ant and grasshopper in socialist Amerika!
Posted on: 2008/6/25 13:48
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runner140 Re: Todays financials......
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Ft. Lauderdale, Florida
721 Posts
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Quote:

DaleD wrote:
Ahhhh, the ant and grasshopper in socialist Amerika!


I never dreamed this would turn out so interesting.
Posted on: 2008/6/25 13:52
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Matatk Re: Todays financials......
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SW Chicago Burbs
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Quote:

DaleD wrote:
Ahhhh, the ant and grasshopper in socialist Amerika!


Avoid socialism in America:

Resized Image

Matthew
Posted on: 2008/6/25 14:09
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DaleD Re: Todays financials......
Senior Guru
Cuyahoga Falls, Ohio
1389 Posts
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Quote:

Matatk wrote:
Avoid socialism in America:

Resized Image

Matthew


It appears we are on the same page!

Sadly, it's been proven time and again, when you give people the ability to vote themselves entitlements, they will. Socialism is the logical endpoint for a republic. We just get to pick whether we want to take the slow train there, (McCain), or the high speed express, (Obama).
Posted on: 2008/6/25 14:12
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