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She has been teaching 25 years.

Then maybe we should allow deductions for capital investment and exploration expenses and institute a windfall profits tax.

When Katrina hit, the US had a 7 month average daily consumption of gasoline of 9 million barrels. 8.3 million came from domestic refinery production. Gasoline stocks when Katrina hit were at about 200 million barrels. Imports are a little over 1/2 million barrels per day. With 25 % capacity...

Most hurricanes occur before the end of the 1st week in October, despite the "official" end of "Hurricane Season". And hurricanes can occur after November 30. Get your basic facts straight or I will have to spank you again in the public square. And no begging for more.

RITA will not be an event anywhere near the severity of Katrina. Unlike, New Orleans, Texas has barrier islands on its coast, the Texas inland is above sea level, flooding will be minimal compared to New Orleans, and only along the coastal barrier communities, the population displacement will...

Are you kidding? It's right there in my post. VIX behavior, p/c ratio, oversold readings...

It is still a temporary disruption, it is local in scope, even if it will reverberate, which remains to be seen. Unless you think that a hurricane will permanently disrupt the US refining capacity.

No. Don't think so. Rita is a one time event. Or, the left hook after the right cross in this case. But Hurricane season will be over in 2 weeks. Impact is temporary, and disruption is localized, minimal in regard to the overall economy. Oil supplies can handle gulf shutdowns and...

Okay, maybe not. But VIX behavior, P/C ratio, oversold readings in % of stocks above 10,30,40 DMAs support the likelihood of a rally soon.

A close today at the top of the range can cause a nice gap up tomorrow.

Look for a an energetic bounce in SHLD this week.

President Bush in reply to the question of his opinion of Roe V. Wade: "However the people get out of New Orleans is fine by me."

I imagine they are covering their shorts today

No one should have that kind of credit card debt. Credit card spending is overwhelmingly discretionary.

How are the hookers at Wynn's casino?

The soft rock band was real.

If you are on that boat, and you find a way to pay no taxes, and your boat gets into trouble out on the water, who would feel would have the obligation to rescue you? Pay no taxes, receive no services.

Good. They should bring back the fractional system.

You will still be required to pay taxes to your country of citizenship. As to how it is handled here, any American living abroad has to file a US tax return. Any foreign taxes are deductible.

Contracting your own house is insane. Even most homebuilders don't do it. They bid the job out. I have a friend who worked for a homebuilder in NJ. His job? Analyzing all the contractors' expenses and verifying them. Otherwise "cost overruns" will kill you.