no idea if this is correct or not, but i would try and break it down into a smaller / more measurable amount - how much popcorn would fit into a bag - how many bags into a large box - how many boxes would it take to fill the room - something along those lines

better yet - estimate the square footage of the room - how much popcorn would fit in a square foot

 

Originally Posted by saxman

no idea if this is correct or not, but i would try and break it down into a smaller / more measurable amount - how much popcorn would fit into a bag - how many bags into a large box - how many boxes would it take to fill the room - something along those lines

better yet - estimate the square footage of the room - how much popcorn would fit in a square foot

Yeah that's pretty much what I did. Estimated how many can fit in a larger container (the garbage pail), then estimated the dimensions of the room in terms of the garbage pail, and finally multiplied the dimensions by the conversion back to popcorn. I had seen questions like this on Glassdoor before, but never saw anyone try to answer it.

if you believe in the historical charts, typical election year says that sept/oct are going to be rough months followed by a recovery in Nov/Dec.

I think 2013 could be a rough year based on historical P/E of the S&P500 - going to be looking to get defensive in January/February.

 

Originally Posted by dolphin13

So guys,

When is the jig up? 2008 was just a preview right? We went to the edge and somehow didn't fall off. But we're gonna go leaping off at some point, right? when?

I highly recommend the book Currency Wars for a great answer to this question.

Also, Empire of Debt by Bill Bonner and his website dailyreckoning.com is fantastic.

Edit: Also Aftershock: Protect yourself and profit in the next global financial meltdown

 

Originally Posted by USCphildo

I highly recommend the book Currency Wars for a great answer to this question.

Also, Empire of Debt by Bill Bonner and his website dailyreckoning.com is fantastic.

Edit: Also Aftershock: Protect yourself and profit in the next global financial meltdown

Agree, Currency Wars is must read

 

Originally Posted by saxman

congrats to dolphin on your new yacht - unreal the run apple has had

FB had a nice pop today. Read that one of their execs sold 20MM shares on the release date. Thats a ton of money but 50% less than it was worth at IPO.

Looks like gold and silver miners are starting to move higher. I'm still long MUX and been buying on dips.

thank you thank you. If you're nice maybe Ill let you on board for a ride

:)

best part of getting laid off years ago. The money just was sitting in some crappy mutual fund but when i got laid off I just sunk it all into apple stock in the 120s.

and I kept buying on the way up despite the peeps like niceguy saying the run was done. Stock could lose half its value tomorrow and I'd still have a massive profit. weeeee

Not sure to be perfectly honest but apparently two days after I made that comment about having a box in your house that can do it all, there was some news story about apple trying to get cable and satellite companies to buy just such a box for them and then distribute it. gotta do more research.

Whats always made apple more profitable than google in regard to phones and tablets is they handle almost every fucking aspect of their products. So if they could all of a sudden flip a switch and made netflix and redbox irrelevant then there's a lot of room for ridiculous growth.

and generally I try to not worry about share price and guide my decision by P/E ratio and apple just isnt an expensive stock, especially for a tech company with their type of growth. I'd much rather take a 10 percent hit than miss out on a 30 percent increasse in stock price, which I still think is realistic

i've always thought the one thing apple has going for it is the continuous revenue stream from the apple store / downloads - maybe its just not a major part of their revenue idk - getting on top and staying on top of the technology world (relying on hardware alone) has got to be tough but they seem to know what they're doing.

Nah. Fuck that

sell half your apple stock here and keep $ for pullback in apple. Then reinvest in same. Ride up, sell, then wait, then reinvest. Rinse repeat

 

Originally Posted by katdragon

sell half your apple stock here and keep $ for pullback in apple. Then reinvest in same. Ride up, sell, then wait, then reinvest. Rinse repeat

people say this all the time like it's so easy. but there have been plenty of times where you have no idea where the pullback is coming. could have very easily did this around 400 and missed a 100 point upswing. I rather just buy and hold til I dont believe in the growth story anymore

EUR is 1.25, how? There's no fundamentals supporting this is there? 1.15 I could see, but they're riding on 4 flats trying to stay in the fast lane. Platinum had a nice run this week, but doubt Dolphin listened to my post.

 

Originally Posted by USCphildo

I'm currently holding a lot of SSRI

very nice run - MUX has also been on a tear for the last couple weeks but looks like profit taking has stalled it out for now

Just bought some WMT and BRK B. Need to start putting more money into the market after I get my savings to where I want it.

 

Originally Posted by Leet8s

EUR yesterday was helped out by the Fed minutes but its recent run up has been aided by the comments from Draghi that he will do whatever is necessary. Also hopes that the ECB will do something to cap the interest rates on euro sovereign debt. Plus it's the summer, not a lot of trading and shorter term shorts are getting squeezed.

Think of it like energy vs potential energy. There is still lots of potential energy to pull from to kick this can down the road.