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runner140 Good morning....
Master Guru
Ft. Lauderdale, Florida
721 Posts
Member since:
2005/9/16 0:00



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The Dow was up yesterday 108 points and took the energy group with it.
Investors ran from low yeilding bonds and purchased stocks.

Gold gained 23.-- to close at 905.50 to purchase the metal hedge against inflation.

A 31 year old stock trader for a French bank, lost 7.2 billion...thats billion with a "b". He tried to hide it and now he is in hiding.

Congress and the white house reached a stimulus plan deal. 100 billion in tax rebates (1200. per working couple) and business would deduct 50% costs of certain investments.

The economy is now the top campaign issue for 2008 replacing the focus on Iraq and terrorism.

Have a great day.
Posted on: 2008/1/25 12:34
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CSS996 RE:Good morning....
Mega Guru
Central PA
3644 Posts
Member since:
2007/8/31 0:00



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I hear I stand to make $2,100 on this deal, being married with three kids. I could certainly use the money, but it will do nothing to improve my rating of G DUB.
Posted on: 2008/1/25 15:04
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Notorious Re: Good morning....
Elite Guru
Downbound train, NC
2184 Posts
Member since:
2005/9/17 0:00



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Quote:


Congress and the white house reached a stimulus plan deal. 100 billion in tax rebates (1200. per working couple) and business would deduct 50% costs of certain investments.



Do single working guys get anything?
Posted on: 2008/1/25 17:54
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I hate sporks...
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CSS996 RE:Good morning....
Mega Guru
Central PA
3644 Posts
Member since:
2007/8/31 0:00



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$600, I believe.

Gotta be under $75k for a single and under $150k for married filing jointly to qualify.

Being poor has it's advantages! :tongue:
Posted on: 2008/1/25 18:01
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Notorious RE:Good morning....
Elite Guru
Downbound train, NC
2184 Posts
Member since:
2005/9/17 0:00



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Quote:
$600, I believe.

Gotta be under $75k for a single and under $150k for married filing jointly to qualify.

Being poor has it's advantages! :tongue:


Well gee, I'd rather be making more than $75K. But in lieu of that, I'll certainly take the $600!
Posted on: 2008/1/25 18:05
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runner140 Re: Good morning....
Master Guru
Ft. Lauderdale, Florida
721 Posts
Member since:
2005/9/16 0:00



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Quote:
Quote:


Congress and the white house reached a stimulus plan deal. 100 billion in tax rebates (1200. per working couple) and business would deduct 50% costs of certain investments.



Do single working guys get anything?


Yes, at this writing, $600. it still has to be passed.
Posted on: 2008/1/25 18:08
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pianoguy RE:Good morning....
Guru Emeritus
Apple Valley, MN
14762 Posts
Member since:
2007/12/29 0:00



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Here's a pretty interesting take on this week's action:

http://www.frontlinethoughts.com/pdf/mwo012508.pdf
Posted on: 2008/1/26 4:23
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