Jump to content

Archived

This topic is now archived and is closed to further replies.

aussiebear

IDS World Markets Wed 18th March 09

Recommended Posts

American Intl is trying to sell its headquarters - NY Post

 

NY Post reports the co is trying to scrape up another $100 million or so bucks by selling its 66-story Art Deco headquarters downtown. One of the potential buyers is the union that represents doormen and porters at office and apartment buildings, sources said. AIG hired Cushman & Wakefield, whose brokers, Darcy Stacom and Bill Shanahan, sent out an e-mail to prospective buyers Monday boasting of the "breathtaking views" from the site, 70 Pine St. But AIG probably will get only a fraction for the 77-year-old building that it would have gotten when the real-estate market was booming. Industry sources said 70 Pine could have fetched around $320 million then. Now AIG will be lucky to pocket $100 million.

 

www.nypost.com

Share this post


Link to post
Share on other sites
Seinfeld Stock Rally Built on Empty Chatter

 

March 18 (Bloomberg) -- This may end up being the Seinfeld rally. After all, the stock market?s recent rise seems to be based on nothing, aside from empty chatter.

 

Over the past week or so, the president and his minions, members of Congress, and a host of bank chief executives have made a concerted effort to spin the market. The message has been clear: It?s time to get on board with Team America where the glasses and bank balance sheets are officially half full.

Chort glass at $2.50. Oversupply.

Share this post


Link to post
Share on other sites
Chort glass at $2.50. Oversupply.

 

:lol: I believe that trade will work out just fine for you.

Share this post


Link to post
Share on other sites

...gary dorsch commented monday night on a possible FOMC affirmation of a policy to buy treasuries...if i understood correctly...he said this could push money out of bonds into stocks and that it would be bullish for gold...

Share this post


Link to post
Share on other sites
anybody buying ung here?

 

If you plan on building a position that you will be holding for awhile you may want to consider selling puts in a ladder

Share this post


Link to post
Share on other sites

Now Goldman's turn in the crosshairs.

 

http://www.reuters.com/article/ousiv/idUST...ndChannel=10112

Share this post


Link to post
Share on other sites
...gary dorsch commented monday night on a possible FOMC affirmation of a policy to buy treasuries...if i understood correctly...he said this could push money out of bonds into stocks and that it would be bullish for gold...

 

I would put that in the class of a speculation on a speculation.

 

On the other hand we have this gorgeous double top on the Dow at major resistance with massive negative divergences on intraday and very short term cycle indicators.

 

Which would you rather believe?

Share this post


Link to post
Share on other sites
WOW!!!

 

IBM to scoop up Sun Micro

 

BOING !!!

 

Just down loaded latest Open Office upgrade - Free and Sun Micro.

Who in there right mind would buy MicroSoft Office with OO available.

Thus one major reason for the buy.

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.


Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!



Old Stool Depository


The Wall Street Examiner
Subscribe to the Wall Street Examiner
Contact Us




Market Quotes are powered by Investing.com.
×