DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 It may reflect my ignorance, but Tom Keene is as sharp a public financial commentator as one can find speaking the American-English dialect. Kudos to you, Doc. I agree absolutely, notwithstanding the fact that he's a social climbing ass kisser. Or maybe he already was of that class, and just likes the ass kissing. Nah, Tom's a good guy overall. I really like Kathleen Hays over there too. I just think there's a little too much kow towing to the Street and government bigwigs, rather than real journalistic questioning. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 Doc, Keene's retweet also appeared on the right bar in the "Monitoring the GLobal Economy" tweet feed at Roubini's site here (you have to hit "Load More" a couple times to bring it up): http://www.economonitor.com/ The beauty of Twitter is that Keene has 19,107 followers, so my tweet will be seen by all of them, and many of them have a Twitter widget on their websites like I have on the WSE, where the tweet will be seen by thousands more. Hopefully I'll get a few more followers from that. My followup piece could be timed perfectly. Link to comment Share on other sites More sharing options...
bundys_dodge Posted March 8, 2012 Report Share Posted March 8, 2012 Since the Stool Brain TrustTM has declared Grease is of no real use to inveshtors - I thought I will post this Twilight Zone news for the sake of amusement - New Grease bonds default even before issuance , via Financial Times/Zerohedge - "financial markets were already betting Greece would default again in the future. Grey market “when issued” pricing for the 20 new bonds were ranging from 17 to 28 cents on the euro, a highly distressed level, according to indicative quotes", http://www.zerohedge.com/news/greek-fresh-start-bonds-face-immediate-80-loss http://www.ft.com/intl/cms/s/0/68a97dfc-6945-11e1-9618-00144feabdc0.html#axzz1oYYnvw7f Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 5 day cycle projection 1372. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 spx 5 day cycle projection 1372-75. Link to comment Share on other sites More sharing options...
howard in nyc Posted March 8, 2012 Report Share Posted March 8, 2012 the only time i turn the volume up on da mayor's tv network is during tom keane's show at noon. i ran into him on the street a couple of weeks back, but my office is right around the corner from their studio. he has some good guests pretty regularly, in addition to the usual parade of market cheerleaders. Link to comment Share on other sites More sharing options...
bundys_dodge Posted March 8, 2012 Report Share Posted March 8, 2012 Since the Stool Brain TrustTM has declared Grease is of no real use to inveshtors - I thought I will post this Twilight Zone news for the sake of amusement - New Grease bonds default even before issuance , via Financial Times/Zerohedge - http://www.zerohedge.com/news/greek-fresh-start-bonds-face-immediate-80-loss http://www.ft.com/intl/cms/s/0/68a97dfc-6945-11e1-9618-00144feabdc0.html#axzz1oYYnvw7f Although I do not know much about bonds, let me try some really crude math here (setting aside the interest paid): After the the initial ~70% "haircut" the inveshtors are left with 30 cents on the dollar. Another ~70% haircut shave would lead to about 9 cents on the original dollar. I think the new issue "shaved" Greek bonds might be a great buy. (Not investment advice). I must be missing something here. Link to comment Share on other sites More sharing options...
gameover Posted March 8, 2012 Report Share Posted March 8, 2012 if bears don't turn it down right now, they be screwed have no position either way should have gone long this morning tomorrow is another day Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 There's a resistance line at 1369 connecting the highs of last week. If they pop that, this thing is going to run wild, I think. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 Listen between the lines. I'm telling you, Kathleen Hays is the best. She is very, very sharp, but she knows how to ask the questions in a non confrontational way. Link to comment Share on other sites More sharing options...
Goldmember Posted March 8, 2012 Report Share Posted March 8, 2012 Flogged off the last of my calls. Sold some yesterday and kept the rest...now sold off to someone with more fortitude than I. Good thing I was busy this morning or I might have sold the opening pop. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 They kept El Toro Grande penned up for a few days to fool us and suck us in. But he's out there running down the streets of Pamplona now. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 The path of El Toro Grande. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 If it's any consolation, 2 day cycle oscillators have been on the sell side since 1:30 NY time. They've been wrong? Minor detail. Link to comment Share on other sites More sharing options...
DrStool Posted March 8, 2012 Report Share Posted March 8, 2012 Hey, I'm just as depressed about this as you are. I fight it with sarcasm. And increase my work week from 90 hours to 180. Link to comment Share on other sites More sharing options...
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