DrStool Posted August 24, 2009 Report Share Posted August 24, 2009 Boy! The bulls are in big trouble now! Wouldn't want to be in their shoes. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted August 24, 2009 Report Share Posted August 24, 2009 This guy was mad people weren't taking more risk.. Link to comment Share on other sites More sharing options...
briarberrys Posted August 24, 2009 Report Share Posted August 24, 2009 Bank health, we get to see if there's any truth to these rumours tomorrow... Bank of Montreal next quarterly report is due on August 25 Amoss says this bank won’t be able to pay the promised $1.5 billion dividend scheduled later this year, which will precipitate a crash in BMO’s stock by December http://whispersfromtheedgeoftherainforest....ut-to-fail.html America is just a few days away from a possible day of reckoning. I again call attention to this day, August 25, when the Federal Deposit Insurance Corporation issues its 2nd Quarter report for 2009 on the state of health of American banks. http://www.lewrockwell.com/sardi/sardi116.html Link to comment Share on other sites More sharing options...
Bungster Posted August 24, 2009 Report Share Posted August 24, 2009 Oh the inhumanitee.... Link to comment Share on other sites More sharing options...
Jetlag Posted August 24, 2009 Report Share Posted August 24, 2009 Madoff still fooling everyone from behind bars "Bernard Madoff, who is serving 150 years in prison for defrauding investors of billions of dollars, hasn’t been diagnosed with cancer and isn’t terminally ill as a newspaper reported, the Federal Bureau of Prisons said. " http://www.bloomberg.com/apps/news?pid=206...id=aS7KGjfiSj98 Link to comment Share on other sites More sharing options...
shorty Posted August 24, 2009 Report Share Posted August 24, 2009 like it or not, we topped out turday looks to me like we're now in a free-fall, totally out of control, with the government powerless to stop it fer example, the inturday action in BAC crapcommon was terrifying Link to comment Share on other sites More sharing options...
Trader Joe Posted August 24, 2009 Report Share Posted August 24, 2009 "There is the plain fool, who does all the wrong things everywhere, but there is the Wall Street fool, who thinks that he must trade all the time. No man can can always have adequate reasons for buying and selling stocks daily -- or sufficient knowledge to make his play a successful play." From Edwin Lefevre, Reminiscences of a Stock Operator Link to comment Share on other sites More sharing options...
T_Slim Posted August 24, 2009 Report Share Posted August 24, 2009 Bank health, we get to see if there's any truth to these rumours tomorrow... Yes. Tomorrow. Link to comment Share on other sites More sharing options...
mdporter Posted August 24, 2009 Report Share Posted August 24, 2009 NEW YORK (CNNMoney.com) -- Shares of bailed-out mortgage finance giants Fannie Mae and Freddie Mac soared Monday, as investors try to piggyback on a rally in shares of government-backed financial companies. Fannie (FNM, Fortune 500) shares rose nearly 50% in afternoon trading, while Freddie (FRE, Fortune 500) jumped almost 30%. The mortgage giants' Monday rally was sparked in large part by a jump in the shares of companies like AIG (AIG, Fortune 500) and Citigroup (C, Fortune 500), said Paul Miller, anal cyst at FBR Capital Markets and Co. hope=words Link to comment Share on other sites More sharing options...
Jorma Posted August 24, 2009 Report Share Posted August 24, 2009 like it or not, we topped out turday looks to me like we're now in a free-fall, totally out of control, with the government powerless to stop it fer example, the inturday action in BAC crapcommon was terrifying The utter decimation in the aftermath of today's .56 point selloff has some people calling for Geithner's head. Reports of secret meetings at the CNBC offices at 30 Rock with Blackwater bigwigs could not be confirmed. Dennis Knele was seen weeping uncontrollably and Larry Kudlow was reportedly on a ledge near the 50th floor. Link to comment Share on other sites More sharing options...
MrHanky Posted August 24, 2009 Report Share Posted August 24, 2009 I still say we are topping,gonna take some time though. I have a few guesses for the next 6 months: 1.SPX to 800 or less 2.Bond yields hit NEW LOWS. 3.Oil to 25 or less 4.Muni's RALLY another 20%+ from here My only position is Muni's....Lots of em. Link to comment Share on other sites More sharing options...
Trader Joe Posted August 24, 2009 Report Share Posted August 24, 2009 The utter decimation in the aftermath of today's .56 point selloff has some people calling for Geithner's head. Reports of secret meetings at the CNBC offices at 30 Rock with Blackwater bigwigs could not be confirmed. Dennis Knele was seen weeping uncontrollably and Larry Kudlow was reportedly on a ledge near the 50th floor. Blackwater Worldwide renamed Xe as company tries to salvage its tarnished brand Just Sayin' Link to comment Share on other sites More sharing options...
Ags Nightmare Posted August 24, 2009 Report Share Posted August 24, 2009 Bear markets now consist of closing off the highs.....the devil channel was livid today that "investors" wouldn't step up and take on risk..... Even this POS is ramping....These would look spiffy at the night club... The insatiable desire to chase trash is breathtaking.... Link to comment Share on other sites More sharing options...
Jorma Posted August 24, 2009 Report Share Posted August 24, 2009 Blackwater Worldwide renamed Xe as company tries to salvage its tarnished brandJust Sayin' I came within a hairs breath of working for the Prince families company many years ago. Fine company to work for if sort of paternalistic. Was privately held and they took it public to cash out in the late 90's. Perfect timing. Same as another West Michigan company, Steelcase. Like Prince they paid well, mostly through bonuses. Obviously bonuses died the instant they were public corporations. I knew some people working for both and the moment I heard they were going public told them to get ready for a huge wage haircut. None of them believed me. Go figure. That guy Eric with the haircut I had when I was 5, cowlick and all, is a real piece of work. Link to comment Share on other sites More sharing options...
shorty Posted August 24, 2009 Report Share Posted August 24, 2009 gappin' down almost another full pernt in the night session gov't needs to step in here quickly to prevent blood in the streets they'll probably force cramdowns on the margin man underwater stockowners will git their loan principal reduced, tax-free, down to the current markit value of their common it's the right thing to do, they're innocent victims this way everybody wins Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.