fxfox Posted September 20, 2007 Report Share Posted September 20, 2007 USD/CAD at 1.0038, they gonna do it, TODAY! Link to comment Share on other sites More sharing options...
DrStool Posted September 20, 2007 Report Share Posted September 20, 2007 Sickening. Link to comment Share on other sites More sharing options...
Mies van der Rump Posted September 20, 2007 Report Share Posted September 20, 2007 Goldman Profit Rises 79 Percent as Gain Boosts Trading Revenue By Christine Harper Sept. 20 (Bloomberg) -- Goldman Sachs Group Inc., the world's largest securities firm, emerged from the worst credit markets in at least nine years to report Wall Street's only profit gain, after the sale of a power company boosted trading revenue. http://www.bloomberg.com/apps/news?pid=206...04XU&refer=home Link to comment Share on other sites More sharing options...
potatohead Posted September 20, 2007 Report Share Posted September 20, 2007 *DJ Goldman Sachs 3Q EPS $6.13 Vs EPS $3.26 >GS *DJ Goldman: 'Significant Losses' On Loans Offset By Mtge Shorts *DJ Goldman: Net Revenues In Mortgages 'Significantly Higher' I guess when you are the one that has sold all that worthless crap to the hedge funds, it is no wonder in a 2 way trade when he funds sell their crap for 2 cent s on the dollar back to GS, GS literally prints their own money....what a wingohockingmoyamensingin joke..... Link to comment Share on other sites More sharing options...
DrStool Posted September 20, 2007 Report Share Posted September 20, 2007 Just a reminder. When reposting 3rd party material, post only a snippet and a link. Any posts not following that guideline will, unfortunately, be edited or deleted depending on whether the editor can quickly find a link. Please respect copyrights! Link to comment Share on other sites More sharing options...
Mies van der Rump Posted September 20, 2007 Report Share Posted September 20, 2007 whoops...sorry 'bout that Doc Link to comment Share on other sites More sharing options...
DrStool Posted September 20, 2007 Report Share Posted September 20, 2007 Just looking at the $CAD chart. It's right at the top of intermediate channel. Probably hit parity and correct a bit, but the chart ultimately looks headed for 1.03-1.04. Link to comment Share on other sites More sharing options...
Sudaca Posted September 20, 2007 Report Share Posted September 20, 2007 *DJ Goldman Sachs 3Q EPS $6.13 Vs EPS $3.26 >GS *DJ Goldman: 'Significant Losses' On Loans Offset By Mtge Shorts *DJ Goldman: Net Revenues In Mortgages 'Significantly Higher' I guess when you are the one that has sold all that worthless crap to the hedge funds, it is no wonder in a 2 way trade when he funds sell their crap for 2 cent s on the dollar back to GS, GS literally prints their own money....what a wingohockingmoyamensingin joke..... 609157[/snapback] If Global Alpha and Global Equity Opportunities had any kind of sub-prime or non-sub-prime mortgage losses (which I'm willing to bet they did), it would be a colossal joke. Eating their own babies. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted September 20, 2007 Report Share Posted September 20, 2007 So i wake up and what is new? GS rocks earnings while every brokers eat crow. Gold is flying to new highs. Market recovers from overnight weakness Going to be another fun day ahead of us. Link to comment Share on other sites More sharing options...
Sudaca Posted September 20, 2007 Report Share Posted September 20, 2007 So i wake up and what is new? GS rocks earnings while every brokers eat crow. Gold is flying to new highs. Market recovers from overnight weakness Going to be another fun day ahead of us. 609162[/snapback] Yeah. Definitely not a good week to stop sniffing glue. Link to comment Share on other sites More sharing options...
Sudaca Posted September 20, 2007 Report Share Posted September 20, 2007 thaaaaaat's more like it.... Link to comment Share on other sites More sharing options...
DrStool Posted September 20, 2007 Report Share Posted September 20, 2007 As I watch the dollar collapse I get that old Wiemar feeling, but bond yields rocketing higher again. So if we get Weimar, and bond yields go up with with it, stocks will not participate. It will be hard assets only. Link to comment Share on other sites More sharing options...
potatohead Posted September 20, 2007 Report Share Posted September 20, 2007 *DJ Bernanke:Govt-Backed Programs Must Not Bail Out Investors I think this guy is certified bi-polar what in the hell was the 50 basis pt cut for then? Link to comment Share on other sites More sharing options...
Drano Posted September 20, 2007 Report Share Posted September 20, 2007 thaaaaaat's more like it.... 609164[/snapback] I think I'll join him. Link to comment Share on other sites More sharing options...
ChicagoBear Posted September 20, 2007 Report Share Posted September 20, 2007 Fears of dollar collapse as Saudis take fright Saudi Arabia has refused to cut interest rates in lockstep with the US Federal Reserve for the first time, signalling that the oil-rich Gulf kingdom is preparing to break the dollar currency peg in a move that risks setting off a stampede out of the dollar across the Middle East. The Saudi central bank said today that it would take "appropriate measures" to halt huge capital inflows into the country, but anal cysts say this policy is unsustainable and will inevitably lead to the collapse of the dollar peg. There is now a growing danger that global investors will start to shun the US bond markets. The latest US government data on foreign holdings released this week show a collapse in purchases of US bonds from $97bn to just $19bn in July, with outright net sales of US Treasuries. The danger is that this could now accelerate as the yield gap between the United States and the rest of the world narrows rapidly, leaving America starved of foreign capital flows needed to cover its current account deficit - expected to reach $850bn this year, or 6.5pc of GDP. Jim Rogers, the commodity king and former partner of George Soros, said the Federal Reserve was playing with fire by cutting rates so aggressively at a time when the dollar was already under pressure. 609148[/snapback] So, are interest rates headed higher? Link to comment Share on other sites More sharing options...
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