mmoy Posted July 27, 2007 Report Share Posted July 27, 2007 "Are you telling me 80% of my net worth is tied up in subprime CDOs? Inconceivable!" 594536[/snapback] Well, if it makes you feel any better, now only 5% of your net worth is tied up in subprime CDOs. Link to comment Share on other sites More sharing options...
Whadda I Do Whadda I Do Posted July 27, 2007 Report Share Posted July 27, 2007 If one has a loss but can't sell due to no buyers when does one record the loss. Link to comment Share on other sites More sharing options...
elh Posted July 27, 2007 Report Share Posted July 27, 2007 Everything you see before you is auxilary collateral damage. Stick saves in equities are not really that important. Stick saves in bond prices and interest rates are slightly more important, but not critical. The most important stick save is in the buck. This explains exactly why the Fed has done no coupon passes in a while and have been stingy with the REPOs lately. Euros & all currencies including yen sold off this week for no logical reason other than the buck was @ 80. But even 80 gives, there's more support below. Everything will be sacrificed to save the dollar. You can bet on it. Housing Joe, too bad. Wall Street Joe, FU. Pension admin Joe, screw you. Treasury Bond Joe, eat me. Link to comment Share on other sites More sharing options...
beardrech Posted July 27, 2007 Report Share Posted July 27, 2007 One thing to note...Paulson goes to china tonight...either this meltdown in After hours was a setup for positive announcement between china and US or someone knows something bad is about to happen. What is odd is this drop in the SP futures will open the SPX cash market right near LeeWee's 1448-1452 support on Monday. 594543[/snapback] Paulson is going on a fast and unromantic plane to china---He'll have a tin cup in one hand and an anal cyst Monkey on his shoulder...With his bellman's cap and epauletted Red velvet jacket he'll make a sensatioinal presence...Also He'll have a Louisville slugger sized carrot and Bunyan sized log as alternatives for Chinese plutocrats... He will either beg ,Borrow or steal the necessary amount of cash needed for survival China, angry at being forced into a profitless corner, will give Paulson a bridge loan amounting to 500 billion dollars-----all in dimes.... beardrech... Link to comment Share on other sites More sharing options...
mmoy Posted July 27, 2007 Report Share Posted July 27, 2007 One thing to note...Paulson goes to china tonight...either this meltdown in After hours was a setup for positive announcement between china and US or someone knows something bad is about to happen. What is odd is this drop in the SP futures will open the SPX cash market right near LeeWee's 1448-1452 support on Monday. 594543[/snapback] Paulson is going on a fast and unromantic plane to china---He'll have a tin cup in one hand and an anal cyst Monkey on his shoulder...With his bellman's cap and epauletted Red velvet jacket he'll make a sensatioinal presence...Also He'll have a Louisville slugger sized carrot and Bunyan sized log as alternatives for Chinese plutocrats... He will either beg ,Borrow or steal the necessary amount of cash needed for survival China, angry at being forced into a profitless corner, will give Paulson a bridge loan amounting to 500 billion dollars-----all in dimes.... beardrech... 594549[/snapback] Well, don't forget his Timex though maybe they will be bought out to form ChinaMex Watches. Whatever the case, they will not pay him in dimes. The metals in dimes are worth too much. Link to comment Share on other sites More sharing options...
drwells Posted July 27, 2007 Report Share Posted July 27, 2007 That's by some point on Tuesday, remember. 594529[/snapback] Heh I figured yesterday's beatdown was included in that 1000, but this is even more ambitious Link to comment Share on other sites More sharing options...
Black Prince Posted July 27, 2007 Report Share Posted July 27, 2007 DOW close on the low tick and two consecutive days closing outside the previous days range just about confirms a rocket ride up Monday. Looking at the attatched chart, if not it certainly is different this time. Link to comment Share on other sites More sharing options...
potatohead Posted July 27, 2007 Report Share Posted July 27, 2007 One thing to note...Paulson goes to china tonight...either this meltdown in After hours was a setup for positive announcement between china and US or someone knows something bad is about to happen. What is odd is this drop in the SP futures will open the SPX cash market right near LeeWee's 1448-1452 support on Monday. 594543[/snapback] Paulson is going on a fast and unromantic plane to china---He'll have a tin cup in one hand and an anal cyst Monkey on his shoulder...With his bellman's cap and epauletted Red velvet jacket he'll make a sensatioinal presence...Also He'll have a Louisville slugger sized carrot and Bunyan sized log as alternatives for Chinese plutocrats... He will either beg ,Borrow or steal the necessary amount of cash needed for survival China, angry at being forced into a profitless corner, will give Paulson a bridge loan amounting to 500 billion dollars-----all in dimes.... beardrech... 594549[/snapback] Well, don't forget his Timex though maybe they will be bought out to form ChinaMex Watches. Whatever the case, they will not pay him in dimes. The metals in dimes are worth too much. 594550[/snapback] The metal in a dime is worth more than the bankrupt IOU T-NOTEs Link to comment Share on other sites More sharing options...
Jetlag Posted July 27, 2007 Report Share Posted July 27, 2007 If one has a loss but can't sell due to no buyers when does one record the loss. 594547[/snapback] Can you had leverage to that question? It spices it up a little. Link to comment Share on other sites More sharing options...
Jetlag Posted July 27, 2007 Report Share Posted July 27, 2007 Everything you see before you is auxilary collateral damage. Stick saves in equities are not really that important. Stick saves in bond prices and interest rates are slightly more important, but not critical. The most important stick save is in the buck. This explains exactly why the Fed has done no coupon passes in a while and have been stingy with the REPOs lately. Euros & all currencies including yen sold off this week for no logical reason other than the buck was @ 80. But even 80 gives, there's more support below. Everything will be sacrificed to save the dollar. You can bet on it. Housing Joe, too bad. Wall Street Joe, FU. Pension admin Joe, screw you. Treasury Bond Joe, eat me. 594548[/snapback] Why is it important to save the FRN? Maybe they propped it up just so that Hank can talk to the chinese certifiable bagholders. It would be difficult to argue with them with the dollar collapsing down new ATL dontch'a think? Link to comment Share on other sites More sharing options...
Jetlag Posted July 27, 2007 Report Share Posted July 27, 2007 This cat just visited the DOW some days ago and made his call "Since he was adopted by staff members as a kitten, Oscar the Cat has had an uncanny ability to predict when residents are about to die. Thus far, he has presided over the deaths of more than 25 residents on the third floor of Steere House Nursing and Rehabilitation Center in Providence, Rhode Island. His mere presence at the bedside is viewed by physicians and nursing home staff as an almost absolute indicator of impending death, allowing staff members to adequately notify familie" http://content.nejm.org/cgi/content/full/357/4/328 Link to comment Share on other sites More sharing options...
Peek Paper Posted July 27, 2007 Report Share Posted July 27, 2007 This cat just visited the DOW some days ago and made his call "Since he was adopted by staff members as a kitten, Oscar the Cat has had an uncanny ability to predict when residents are about to die. Thus far, he has presided over the deaths of more than 25 residents on the third floor of Steere House Nursing and Rehabilitation Center in Providence, Rhode Island. His mere presence at the bedside is viewed by physicians and nursing home staff as an almost absolute indicator of impending death, allowing staff members to adequately notify familie" http://content.nejm.org/cgi/content/full/357/4/328 594556[/snapback] Oscar's mere presence at the bedside should prompt an unannounced visit from Adult Protective Services. The article didn't mention that Oscar's head was found stuffed in the mouth of all 25 residents. Somebody should feed Oscar some nursing home food. Link to comment Share on other sites More sharing options...
Bungster Posted July 27, 2007 Report Share Posted July 27, 2007 This cat just visited the DOW some days ago and made his call "Since he was adopted by staff members as a kitten, Oscar the Cat has had an uncanny ability to predict when residents are about to die. Thus far, he has presided over the deaths of more than 25 residents on the third floor of Steere House Nursing and Rehabilitation Center in Providence, Rhode Island. His mere presence at the bedside is viewed by physicians and nursing home staff as an almost absolute indicator of impending death, allowing staff members to adequately notify familie" http://content.nejm.org/cgi/content/full/357/4/328 594556[/snapback] I had no idea..... Link to comment Share on other sites More sharing options...
mmoy Posted July 27, 2007 Report Share Posted July 27, 2007 Buddha sighting: http://clearstation.etrade.com/cgi-bin/bbs?post_id=8195513 Link to comment Share on other sites More sharing options...
Private Skidmark Posted July 27, 2007 Report Share Posted July 27, 2007 Buddha sighting: http://clearstation.etrade.com/cgi-bin/bbs?post_id=8195513 594559[/snapback] Veddy onimous. Anybody seen Jickiss around lately? I think he had a line in the sand around DOW 14,000 or so. But he did see IBM going to 150. I can't fault him much there. He recommended it around 90 and it got close to 120. I'm still holding it. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.