I_Am_Madness Posted November 5, 2007 Report Share Posted November 5, 2007 WCG excreeting some news this morning... WellCare posts higher profit in prelminary resultsReuters - November 05, 2007 8:02 AM ET NEW YORK (Reuters) - WellCare Health Plans Inc (WCG), whose offices were raided by government agents last month, said quarterly net income rose 67 percent as membership in its Medicare plans for seniors jumped. Third-quarter net income rose to $72.4 million, or $1.71 per share, from $43.3 million, or $1.06 per share, a year earlier, according to preliminary data reported on Monday.. http://www.reuters.com/article/marketsNews...524518220071105 It's up $13.50 in the early bird round.... 620659[/snapback] My December 55 calls got to .60. It's see if they add some premiums back. Link to comment Share on other sites More sharing options...
potatohead Posted November 5, 2007 Report Share Posted November 5, 2007 Petrochina worth 1 trilllion bucks 620656[/snapback] It's down 25 bucks!! Still got them December puts! 620678[/snapback] thats an odd way of getting to 1 trillion? Link to comment Share on other sites More sharing options...
Sudaca Posted November 5, 2007 Report Share Posted November 5, 2007 Petrochina worth 1 trilllion bucks ? ? ? ? ? 620656[/snapback] It's down 25 bucks!! Still got them December puts! 620678[/snapback] thats an odd way of getting to 1 trillion? 620680[/snapback] 1 trillion was the mkt cap including the recenty A-share IPO in China. Today it should be worth a little less Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 5, 2007 Report Share Posted November 5, 2007 I guess all the AH C buyers are getting creamed. Down over 10% from Friday's AH highs. Link to comment Share on other sites More sharing options...
Sudaca Posted November 5, 2007 Report Share Posted November 5, 2007 I'm glad he cleared that up for us! 620672[/snapback] that article makes me want to puke.... 620673[/snapback] Scroll down to the comments. 620675[/snapback] Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 5, 2007 Report Share Posted November 5, 2007 Petrochina worth 1 trilllion bucks 620656[/snapback] It's down 25 bucks!! Still got them December puts! 620678[/snapback] thats an odd way of getting to 1 trillion? 620680[/snapback] 1 trillion was the mkt cap including the recenty A-share IPO in China. Today it should be worth a little less 620681[/snapback] Still thinks it gets to 160 over the next few weeks. Link to comment Share on other sites More sharing options...
art_vandila Posted November 5, 2007 Report Share Posted November 5, 2007 Anybody posted this one: http://www.nypost.com/seven/10312007/busin...chs_good_fo.htm "They also assume that much of what The Working Group accomplishes is done through Goldman, where Treasury Secretary Hank Paulson had been chairman before heading Treasury. Paulson is the former chairman of Goldman Sachs, as was Robert Rubin, another former Treasury secretary who is currently a highly paid executive with Citigroup. Citigroup also had problems with subprime lending that's gone bad. Goldman didn't return my telephone call asking for a response." "they also assume" which means they make an ass out of you and me. Something tells me GS beat them to punch. Looks like 08 may be the year of the conspiracy kooks, the gold bugs will no longer be kooks but visionaries, the PPT conspiracy kooks will look well educated and informed. I just hope some of those 9/11 guys still look like kooks in a few years, otherwise we will be facing a kooks shortage, we may run out of kooks in my life time. is it time for aliens on the white house lawn? The kooks may even become endagered species. Protected by the very government they fear, oh the irony...... Link to comment Share on other sites More sharing options...
DrStool Posted November 5, 2007 Report Share Posted November 5, 2007 qqqq 3 day cycle projection 53.30-53.40 Link to comment Share on other sites More sharing options...
cwd Posted November 5, 2007 Report Share Posted November 5, 2007 I want to repost this-- to see what your thoughts are. Sure seems there are a ton of articles telling everyone to short the dollar. I have it going lower too, but all this media coverage has to make you wonder. Of course, the consensus is right a lot more than contrarians like to admit. 620599[/snapback] CONSIDER THE U.S. % OF GLOBAL GDP. OR, US% OF GLOBAL TRADE FLOWS. OR, U.S. CURRENT ACCOUNT DEFICIT. THE REAL ECONOMY OF THE WHOLE FRIGGIN' PLANET IS LONG THE DOLLAR. 620602[/snapback] To the tune of 8-10 TRILLION dollars. Is that a long position or is that a long position. 620629[/snapback] OK, but what about all those foreigners who bought US dollar denominated financial ASSets and borrowed the dollars to purchase it. How many trillions is that? What happens when their investment stops paying interest, drops in value, and they get a margin call. That margin call has to be met with dollars. But say you're Japanese or German, or, gulp, Canadian, and the only assets you can sell are denominated in yen or Euro or CAD. So you have to sell something in your own currency to buy the dollars that you will need to meet your margin call. Oops. Short squeeze. Suddenly, every currency in the world falls sharply against the dollar, and because there's a dollar shortage, US interest rates soar. Nightmare scenario. Possible? 620638[/snapback] 620658[/snapback] When foreigners sell dollar denominated assets, they have dollars. If they are less than what they owe in dollars, they may have sell othe non dollar assets to get the dollars this might pump the dollar. Link to comment Share on other sites More sharing options...
DrStool Posted November 5, 2007 Report Share Posted November 5, 2007 spx 3 day cycle projection 1489 Link to comment Share on other sites More sharing options...
DrStool Posted November 5, 2007 Report Share Posted November 5, 2007 hui 5 hr cycle projection 431 Link to comment Share on other sites More sharing options...
DrStool Posted November 5, 2007 Report Share Posted November 5, 2007 dow 5 hr cycle projection 13,440. Link to comment Share on other sites More sharing options...
DrStool Posted November 5, 2007 Report Share Posted November 5, 2007 buying the double bottom again like mad. Link to comment Share on other sites More sharing options...
potatohead Posted November 5, 2007 Report Share Posted November 5, 2007 DJ Fed Accepts $6.75 Bln In Overnight RPs Type of transaction: Overnight RPs Total accepted: $6.75 Bln Total submitted: $80.1 Bln Agency Collateral Operation Total accepted: $6.477 Bln Total submitted: $36.8 Bln Stop-Out Rate: 4.61% Weighted Average: 4.64% High-rate submitted: 4.64% Low-rate submitted: 4.4% Treasury Collateral Operation Total accepted: $273 Mln Total submitted: $21.35 Bln Stop-Out Rate: 4.5% Weighted Average: 4.5% High-rate submitted: 4.5% Low-rate submitted: 4.35% Mortgage-Backed Collateral Operations Total accepted: None Total submitted: $21.95 Bln Stop-Out Rate: N/A Weighted Average: N/A High-rate submitted: 4.62% Low-rate submitted: 4.57% (Data was provided by the New York Federal Reserve Bank). (END) Dow Jones Newswires Link to comment Share on other sites More sharing options...
Sudaca Posted November 5, 2007 Report Share Posted November 5, 2007 A/D 7 to 1 negative Link to comment Share on other sites More sharing options...
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