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Saturday, June 20, 2009
Plan your trade...
The markets were rockin' & rollin' with volatility this week. This is
known to happen in the commodity markets--one moment they're trending along nice and smooth and then without a moments
notice the markets can turn choppy. Geo-political issues affecting supply & demand, too much weather or not enough
weather, supply disruptions, fear, greed, and the list goes on...and for all these reasons this is why as traders it's
imperative that we always have a specific plan before putting on a trade. ~Scott
2:47 pm est
Wednesday, June 10, 2009
$1 trillion
Remember when $1 billion seemed like a lot of money?
As the
federal government's role in our free enterprise system continues to expand it seems as though the word billion is now
being replaced by the word trillion. There was a time when a million dollars of taxpayer revenue was something to talk
about, but the media is now talking about millions as if it were pocket change and billions as if it were just enough for
a nice evening out-on-the-town.
Trillion is showing up on the scene more and more now--and what comes after trillion?
I'm afraid we may all learn the answer much sooner than we ever thought...
Here's what Senator Jon Kyl
has to say about this:
"The president's budget...will create more gross debt in 10 years than the country
accumulated in the 220 years spanning George Washington's first day in office to George W. Bush's last day."
Oh, and by the way, the answer to what comes after a trillion; quadrillion. I had to look that one up.
Scott
PS:
Here's a few more in case we need them;
Zeros
12 trillion
15 quadrillion
18 quintillion
21 sextillion
24 septillion
27 octillion
6:05 pm est
Monday, June 8, 2009
Hurricane Season begins...
The 2009 Atlantic hurricane
season has officially started. The period each year when most tropical cyclones form in the Atlantic basin extends
from June 1st to November 30th. However, for the third straight year, the season started early when Tropical Depression One
formed on May 28th. For more information go to the National Hurricane Center @ www.nhc.noaa.gov.
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