Charmin Posted June 3, 2009 Report Share Posted June 3, 2009 hello .. hello ... h e l l o . . .echo echo echo...is anyone there there there ...? Obama calls the bottom Obama will be away, is that a sign to cash in? When the banks have to show they make money instead of accounting tricks, maybe that'll break the market. Link to comment Share on other sites More sharing options...
cwd Posted June 3, 2009 Report Share Posted June 3, 2009 Subsidies, subsidies, subsidies "China aims to save 75 terawatt hours of power per year, the equivalent of 75 million metric tons of carbon dioxide, by promoting energy-efficient air-conditioners and other home appliances. The government plans to raise the market shares of such appliances to over 30 percent by 2012 by subsidizing sales, the National Development and Reform Commission said." http://www.reuters.com/article/GCA-GreenBu...E55113Z20090602 I was listening to the radio today driving down I-35 towards San Antonio and hear an add on the radio for the stock trading seminar this weekend featuring exhedge fund manager Jeff Macke. Link to comment Share on other sites More sharing options...
psyche doctor Posted June 3, 2009 Report Share Posted June 3, 2009 Obama will be away, is that a sign to cash in? When the banks have to show they make money instead of accounting tricks, maybe that'll break the market. JPM and the BKX have been diverging with the market recently. Might be a sign. Link to comment Share on other sites More sharing options...
phatbubble Posted June 3, 2009 Report Share Posted June 3, 2009 A single page of M2M? Top maybe not fully baked, but certainly cookin. Link to comment Share on other sites More sharing options...
phatbubble Posted June 3, 2009 Report Share Posted June 3, 2009 JPM and the BKX have been diverging with the market recently. Might be a sign. Agree. The only other outcome we've all seen before is that the spinning financial tires start to bite and the whole thing rockets upward again. Link to comment Share on other sites More sharing options...
T_Slim Posted June 3, 2009 Report Share Posted June 3, 2009 quiet again . . . come on and top already Link to comment Share on other sites More sharing options...
K Wave Rider Posted June 3, 2009 Report Share Posted June 3, 2009 This is what da bears need to see a whole slew of stocks do over the next few days.... JPM leading the way?? BREAKOUT.....FAKEOUT watching IBM like a hawk here.... Link to comment Share on other sites More sharing options...
Jorma Posted June 3, 2009 Report Share Posted June 3, 2009 Well I don't think the message board makes Doc any money but if it does then he has been, to use his own words, his own worst enema. I don't want to give away the store to non subscribers to the Examiner but he has been less than howlingly bearish, and right. Which I think helps explain the lack of traffic. It's midnight, the dollar is down again. Not much but down. Oil and metals up. Same old same old. Relentlessly. Link to comment Share on other sites More sharing options...
AgentSmith Posted June 3, 2009 Report Share Posted June 3, 2009 RE: JPM And it wasn't just about the -4% drop in JPM, it was the volume .. TWICE the norm of late, and the biggest volume day since the first "green shoots" back in March. Tick tock. "Howlingly bearish", I like that. AaaoooowwwwWW...I'll take that description, here & now. Link to comment Share on other sites More sharing options...
Jorma Posted June 3, 2009 Report Share Posted June 3, 2009 This is what da bears need to see a whole slew of stocks do over the next few days.... JPM leading the way?? BREAKOUT.....FAKEOUT watching IBM like a hawk here.... There has been zero talk about it but GM and GMAC were reportedly, way back when, a part in a huge swath of all interest and credit default swaps, and that means JPM. Link to comment Share on other sites More sharing options...
psyche doctor Posted June 3, 2009 Report Share Posted June 3, 2009 There has been zero talk about it but GM and GMAC were reportedly, way back when, a part in a huge swath of all interest and credit default swaps, and that means JPM. JPM insured GMAC debt through credit default swaps? Interesting, I didn't know that. Link to comment Share on other sites More sharing options...
shorty Posted June 3, 2009 Report Share Posted June 3, 2009 JPM insured GMAC debt through credit default swaps? Interesting, I didn't know that. probably only a lousy $100 Billion or so, not a problem, the taxpayers' grandchildren will cough it up Link to comment Share on other sites More sharing options...
shorty Posted June 3, 2009 Report Share Posted June 3, 2009 No more live bears left.... Link to comment Share on other sites More sharing options...
Peek Paper Posted June 3, 2009 Report Share Posted June 3, 2009 I've been an IBM stalker for years, especially playing it off of INTC earnings. Sum of you guys know it. If I had 2 streams on my screen, I'd have SRS and IBM. When Big Blue goes , the green shoots have become brown toots. Watching tick-by-tick. dunno yet ... Link to comment Share on other sites More sharing options...
Jimbo Posted June 3, 2009 Report Share Posted June 3, 2009 THIS IS BEARISH QUOTE (Bungster @ Jun 2 2009, 01:54 PM) * No more live bears left.... dry.gif A contrarian indicator anyone? Link to comment Share on other sites More sharing options...
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