MrHanky Posted May 10, 2012 Report Share Posted May 10, 2012 Looks kinda ugly,will the bears finally break some REAL support soon? Link to comment Share on other sites More sharing options...
MrHanky Posted May 10, 2012 Author Report Share Posted May 10, 2012 Ugly close,except for the mini jam near the end.... As usual Link to comment Share on other sites More sharing options...
DrStool Posted May 10, 2012 Report Share Posted May 10, 2012 Wall Street Examiner Exclusives Fed Sells Part of Maiden Lane III in yet another draining operation. Shhhh!0 Comments Initial Claims (Actual, NSA) and Federal Withholding Taxes Point The Way in Real Time0 Comments OK To Be Bearish But Timing Is Everything0 Comments Study Says Couples Will Pay $240,000 To Buy Medical Service in US After Age 65- It's Disgusting1 Comment The Mother of All Hooks2 Comments Are Apple Bagholders Gluttons For Punishment - New York Tomes0 Comments Read 'em and weep. RSS Feed Read more Latest Headlines Justice Department Settles Another Bankster Fraud Suit for Peanuts P&G moves personal-care hub to Asia – Financial Times Fed Sells Part of Maiden Lane III in yet another draining operation. Shhhh! Spain bank rescue underscores financial dilemma – The Associated Press US sees surge in corn stocks, fewer soybeans – Reuters US stocks modestly higher – CNN Media again reports that U.S. posts budget surplus, leaves out key details Euro’s Resilience Has Its Limits – Wall Street Journal Euro’s Resilience Has Its Limits – Wall Street Journal Homeowners hit with biggest rise in mortgage costs since 2009 – Telegraph.co.uk Initial Claims (Actual, NSA) and Federal Withholding Taxes Point The Way in Real Time Riding With the Cisco Skid – Wall Street Journal Deutsche Bank to pay $202 mln US mortgage settlement – Reuters trade gap widens sharply – MarketWatch US jobless claims fall slightly – MarketWatch Warren Buffett and Coty team up for Avon bid – The Guardian US records first monthly budget surplus since 2008 – CNNMoney U.S. Postal Service Cash Projected to Touch Zero in October – San Francisco Chronicle Sony posts $5.6-billion loss, 10% drop in sales – Los Angeles Times Bernanke: Banks are stronger, but mortgage lending is sluggish – Los Angeles Times Link to comment Share on other sites More sharing options...
DrStool Posted May 10, 2012 Report Share Posted May 10, 2012 That new Canadian $20 had to be designed by a French Canadian. The Anglophones were too apathetic to get the joke. Link to comment Share on other sites More sharing options...
MrHanky Posted May 10, 2012 Author Report Share Posted May 10, 2012 Futures not happy AH,so far..... Link to comment Share on other sites More sharing options...
Trader Joe Posted May 10, 2012 Report Share Posted May 10, 2012 What happened to JPM being best in breed? Link to comment Share on other sites More sharing options...
Trader Joe Posted May 10, 2012 Report Share Posted May 10, 2012 "GASHBUST" 200 point down on the Sow tomorrow Maybe 350 Bucket shop guys and money manglers love when this happens in a down market -- it gives them someone to lay the blame on MF Global all over again...albeit not Bk To quote below douche, from tonight's conf call: "...when you have excess customer deposits, you invest them, that's what banks have been doing for over 100 years..." Link to comment Share on other sites More sharing options...
Dopamine Posted May 10, 2012 Report Share Posted May 10, 2012 C'mon. What's 800 mil between friends? Link to comment Share on other sites More sharing options...
Jetlag Posted May 10, 2012 Report Share Posted May 10, 2012 "GASHBUST" 200 point down on the Sow tomorrow Maybe 350 Bucket shop guys and money manglers love when this happens in a down market -- it gives them someone to lay the blame on MF Global all over again...albeit not Bk To quote below douche: "...when you have excess customer deposits, you invest them, that's what banks have been doing for over 100 years..." http://www.bloomberg.com/news/2012-05-10/jpmorgan-chase-says-cio-unit-suffered-significant-loss.html "JPMorgan said today it’s ``repositioning'' the synthetic credit portfolio, and that the CIO ‘‘may hold certain of its current synthetic credit positions for the longer term.’’ " longer term = bag holding Link to comment Share on other sites More sharing options...
bundys_dodge Posted May 10, 2012 Report Share Posted May 10, 2012 http://www.bloomberg.com/news/2012-05-10/jpmorgan-chase-says-cio-unit-suffered-significant-loss.html "JPMorgan said today it’s ``repositioning'' the synthetic credit portfolio, and that the CIO ‘‘may hold certain of its current synthetic credit positions for the longer term.’’ " longer term = bag holding If I may add to the identity above - longer term = bag holding = Level 3 Mark2Myth Link to comment Share on other sites More sharing options...
DrStool Posted May 10, 2012 Report Share Posted May 10, 2012 The scary part is that this situation is open ended. Link to comment Share on other sites More sharing options...
bundys_dodge Posted May 10, 2012 Report Share Posted May 10, 2012 If I may add to the identity above - longer term = bag holding = Level 3 Mark2Myth The scary part is that this situation is open ended. Especially if the "bag" is credit insurance (as in AIG) as implied by recent reports of JPMorgan Trader Iksil's bets... JPMorgan Trader Iksil Fuels Prop-Trading Debate With Bets Link to comment Share on other sites More sharing options...
MrHanky Posted May 10, 2012 Author Report Share Posted May 10, 2012 If the bears can't take this sucker down tomorrow,I give up.... Link to comment Share on other sites More sharing options...
bundys_dodge Posted May 10, 2012 Report Share Posted May 10, 2012 Tomorrow's news Today (All imaginary and in jest): JP Morgan gets special exemption from the upcoming Volcker Rule Compliance "Any unwind demanded by Volcker Rule could significantly affect the markets, misprice the assets and lead to extensive loses for systemically important banks. Hence, this exemption is ultimately in the interest of bagholders taxpayers" Link to comment Share on other sites More sharing options...
MrHanky Posted May 10, 2012 Author Report Share Posted May 10, 2012 I'm gonna farkin puke...... 1 whole day of losses? I guess it's easy when you are the insiders of the insiders.This market is so farkin rigged I wanna throw my computer off my farkin balcony.(I guarantee they won't lose a dime on the way down either. ) Goldman had one day of trading losses in Q1-filing The loss was up to $25 million, the firm said. In contrast, Goldman reported 24 days of trading gains of $100 million or more. http://www.marketwat...?dist=afterbell Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.