Drano Posted November 17, 2009 Report Share Posted November 17, 2009 Article: government may have paid GS and others too much in AIG bailout. Might have. :lol: http://news.yahoo.com/s/ap/20091117/ap_on_...us_aig_bailouts Link to comment Share on other sites More sharing options...
Charmin Posted November 17, 2009 Report Share Posted November 17, 2009 only if they covered Yup. I was looking at an e-mini sp weekly chart showing 1104-1113 for weekly supply going back to Sept./Oct. 2008. Be interesting to see if all that prior selling slows this thing down. Link to comment Share on other sites More sharing options...
shorty Posted November 17, 2009 Report Share Posted November 17, 2009 Yup. I was looking at an e-mini sp weekly chart showing 1104-1113 for weekly supply going back to Sept./Oct. 2008. Be interesting to see if all that prior selling slows this thing down. Link to comment Share on other sites More sharing options...
Speakeasy Posted November 17, 2009 Report Share Posted November 17, 2009 Great retail report, Doc! Chart says just a lil' bit more and then an elevator ride. Link to comment Share on other sites More sharing options...
Jimbo Posted November 17, 2009 Report Share Posted November 17, 2009 THE RECOVERY FIELD Its been a great recovery for: 1/ Leveraged stock bulls 2/ Buyers of bailed out bank debt 3/ Buyers of bailed out bank preference shares 4/ Buyers of bailed out bank stocks. 5/ Executives of bailed out banks. Notice the common word - "bailed out" If you are not in the "baiiled out" subset of the economy - well bad luck. :ninja: Link to comment Share on other sites More sharing options...
Jimbo Posted November 17, 2009 Report Share Posted November 17, 2009 REAL ESTATE BECOMING A BARGAIN "Goldman Sachs Group Inc. sold 158 condominiums in a foreclosed project outside Miami for about $113,000 each, roughly one-third the cost of land and construction. " Buyers making out like bandits. Goldmember should just warehouse this stuff using cheap supply of fed money and just rent it out itself. Massive capital gains 5 year down the track Link to comment Share on other sites More sharing options...
Jimbo Posted November 17, 2009 Report Share Posted November 17, 2009 a Link to comment Share on other sites More sharing options...
ChicagoBear Posted November 17, 2009 Report Share Posted November 17, 2009 http://blog.ml-implode.com/2009/11/retail-...e-another-joke/ Nice work, Doc! Texas is a great reference in your research. It has a stronger economy than most states, unemployment is less, and the housing industry has held up the longest. I've read and heard from friends in the state that it is benefitting from a migration of people out of places like Cali, Nevada, Arizona, New Mexico. Apparently people are fleeing the crashing economies and moving to Texas, where it has roughly the same climate, property is still relatively inexpensive, and taxes are more favorable (any Texans - please feel free to chime-in on this). While Florida and Cali are leading the charge into the abyss, I'd view Texas as one of the last dominos to fall. Keep an eye on it for signs that the entire country has taken the plunge. Link to comment Share on other sites More sharing options...
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