MrHanky Posted June 1, 2009 Report Share Posted June 1, 2009 Coulda been huge for the bulls,but stopped short of the goal Looking for a clean breakout from the january high to suck in new capital...Will we or won't we? Link to comment Share on other sites More sharing options...
shorty Posted June 1, 2009 Report Share Posted June 1, 2009 wee bita shrinkage in the yelping scalded dog runoff who wanna ride blind into the friday unemployment reamport strung out long on full margin? Link to comment Share on other sites More sharing options...
mdporter Posted June 1, 2009 Report Share Posted June 1, 2009 I am glad I didn't buy any SRS on Friday, as it was down again today, while the REITS sell more stock at ever higher prices. Nobody wants to hear that RE is NOT recovering at all. Link to comment Share on other sites More sharing options...
jickiss Posted June 1, 2009 Report Share Posted June 1, 2009 jickiss is back! jickiss is back! and your jickiss was (this is Very Meaningless, of course) right on GM today, which traded above 75 cents up to the high 90s Of course, this all makes -0- sense, but since little else does, "so what, jickiss!!!!!!" anyway, to say that we are living in the maximum zone of unreality would be no exaggeration.... back later! ps....the cadillac will have to be taken out now for counseling, as it is sobbing and crying terribly, now feeling like a government step child, or whatever! maybe they were right, when they used to say that Cadillac was "The Standard of the World." Thimk about it..... Link to comment Share on other sites More sharing options...
MrHanky Posted June 1, 2009 Author Report Share Posted June 1, 2009 My one holding continues to grind higher,slowly but surely.Seems to ignore the market moves all week. It's a low floater,so I can't disclose the position,But it will Probably take me 4 days to sell the whole position. Just looking for 5% and get the heck out. As for the market,I'm gonna guess we pull back before trying to make another move up. Link to comment Share on other sites More sharing options...
psyche doctor Posted June 1, 2009 Report Share Posted June 1, 2009 Link to comment Share on other sites More sharing options...
Jorma Posted June 1, 2009 Report Share Posted June 1, 2009 Well it's like I always say, buy death. GM in this case I suppose, but others are in the news. Of course there is always death so it's a very unfair story. Besides the market we will be told was celebrating life today. Industrial production is on the rebound. The reanimated corpse of manufacturing, 11% of the economy now, is going to lead us to recovery I guess. Link to comment Share on other sites More sharing options...
DrStool Posted June 1, 2009 Report Share Posted June 1, 2009 Big Contraction in Fed’s Balance Sheet- Professional Edition by Lee Adler, Monday, June 1, 2009, in Money and The Fed, Professional Edition | Permalink |Comments (0) Edit The Fed’s balance sheet took a huge drop last week. In spite of all of the direct buying of securities total Fed credit has actually declined slightly since December thanks to the winding down of many of the Fed’s alphabet soup programs, some of which have already gone back to zero balances. Meanwhile the Fed’s direct purchases of Treasuries and GSEs are supercharging the trading accounts of the primary dealers. While they are caught on the long side of the Treasury market, we continue to see the usual relationship between the stock market and the amount of Fed credit going to the PDs. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time, you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information. Link to comment Share on other sites More sharing options...
psyche doctor Posted June 1, 2009 Report Share Posted June 1, 2009 Fed Says Banks Must Raise Equity Before Repaying TARP (Update1) By Craig Torres June 1 (Bloomberg) -- The 19 largest U.S. banks will have to demonstrate they can sell new shares before they are allowed to repay their government stakes, the Federal Reserve Board said today. LINK Link to comment Share on other sites More sharing options...
Peek Paper Posted June 1, 2009 Report Share Posted June 1, 2009 I am glad I didn't buy any SRS on Friday, as it was down again today, while the REITS sell more stock at ever higher prices. Nobody wants to hear that RE is NOT recovering at all. I held July calls from Friday's close, SRS almost bounced back this afternoon. Incredibly manipulated. 30 yr will tank it soon enough. Link to comment Share on other sites More sharing options...
BusKow Posted June 1, 2009 Report Share Posted June 1, 2009 backtest 930-920 will be a measure Link to comment Share on other sites More sharing options...
shorty Posted June 1, 2009 Report Share Posted June 1, 2009 GM is 172 thousand million in the hole but loaning them another 50 thousand million will make everything all right? what a Big Lie the taxpayers will never see a penny of that money ever again GM will die they were whipped in the marketplace by Toyota and Honda, and they'll never catch up it's over dragging it out a few more years on the public dole won't change that fact Link to comment Share on other sites More sharing options...
phatbubble Posted June 1, 2009 Report Share Posted June 1, 2009 Who else wants to play on Mr Toad's Wild Commodity Ride? Link to comment Share on other sites More sharing options...
shorty Posted June 1, 2009 Report Share Posted June 1, 2009 Ralph Nader statement on GM Ch 11 Today's bankruptcy declaration in federal court by General Motors is an avoidable, crude weapon of mass devastation for workers, dealers, auto suppliers, small businesses and their depleted communities. For GM's voiceless owners -- the common shareholders -- it is a wipeout. The closing of hundreds of (GM and Chrysler) dealerships will cost more than 100,000 jobs. The unionized workforce will see the wage and benefit structure slashed....so that new jobs at GM will no longer be a ticket to the middle class. Link to comment Share on other sites More sharing options...
shorty Posted June 1, 2009 Report Share Posted June 1, 2009 next: Citicorpse shut it down bury it Link to comment Share on other sites More sharing options...
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