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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.....

 

:blink: :blink:

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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. :ph34r:

 

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.

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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.

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Big Contraction in Fed’s Balance Sheet- Professional Edition

 

 

by Lee Adler, Monday, June 1, 2009, in Money and The Fed, Professional Edition |

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|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.

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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.

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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

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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.

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