Sudaca Posted November 27, 2007 Report Share Posted November 27, 2007 And lest one forget, the worst thing that bulls could hope for at tis junction is for financials to begin outperforming. Because, as history has shown us, after a massive period of underperformance vs. the broader market, the moment financials begin outperforming means the bear market has officially started. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 27, 2007 Report Share Posted November 27, 2007 I have to laugh. I thought the AbuDhabi noize would give C a pop for a few days. It looks like it may not make it through today. Futures lost half of their overnight bonar and C is up less than 1%. 628005[/snapback] The terms of the deal is insane. 11% on the money until they convert the shares. That's NUTS!!! Link to comment Share on other sites More sharing options...
Sudaca Posted November 27, 2007 Report Share Posted November 27, 2007 Strike that. It's looking like it won't make it to the open. Link to comment Share on other sites More sharing options...
Lemur Posted November 27, 2007 Report Share Posted November 27, 2007 I sense an amazin' AMZN short squeeze dead ahead. This article talks at the end about online retailing and how it's so important, blah blah blah. http://bigtech.blogs.fortune.cnn.com/2007/...st-tech-stocks/ 627996[/snapback] Shortsqueeze.com is reporting that 16% of the float is short. Anybody know how accuarte or reliable the numbers reported by this site are? I hope they do pump Amzn up again. I will be happy to reload shorts at the next top. Link to comment Share on other sites More sharing options...
DrStool Posted November 27, 2007 Report Share Posted November 27, 2007 Nasdaq.com, Yahoo, and a number of other quote sites report short interest. Nasdaq.com has the broadest range of quote tools. Yahoo has short interest and other stats broken out in a number of ways in very nice clear tables. Click on Key Statistics on the quote page. All of these sites get their data from Nasdaq or the NYSE. There's no magic black box out there. They are just repackaging the data they get from the exchanges. Link to comment Share on other sites More sharing options...
potatohead Posted November 27, 2007 Report Share Posted November 27, 2007 8:45 (Dow Jones) Barry Ritholtz notes the irony in Citigroup © dealing Abu Dhabi convertible stock yielding 11% annually as part of a $7.5B capital injection. "Citibank has essentially become a sub-prime borrower -- only without the advantages of teaser rates!" he says. (JHS) (http://bigpicture.typepad.com/) Link to comment Share on other sites More sharing options...
potatohead Posted November 27, 2007 Report Share Posted November 27, 2007 8:45 (Dow Jones) Barry Ritholtz notes the irony in Citigroup ? dealing AbuDhabi convertible stock yielding 11% annually as part of a $7.5B capital injection. "Citibank has essentially become a sub-prime borrower -- only without the advantages of teaser rates!" he says. (JHS) (http://bigpicture.typepad.com/) 628011[/snapback] the deal must include a buffer for a falling dollar rising interest rates, and underperformance in stock price, if not that bank is in real trouble Link to comment Share on other sites More sharing options...
fxfox Posted November 27, 2007 Report Share Posted November 27, 2007 Dem saudis there is good biznizz people! That are nothing else but junk bond conditions! Welcome to the 80s!!! Link to comment Share on other sites More sharing options...
Drano Posted November 27, 2007 Report Share Posted November 27, 2007 Citi has no more problems. All clear dead ahead. (repost of image from late last night) Link to comment Share on other sites More sharing options...
dogsie Posted November 27, 2007 Report Share Posted November 27, 2007 I suppose the oil rich countries of the Middle East selling oil at $90+ could ultimately provide a significant source of liquidity to US markets? Link to comment Share on other sites More sharing options...
DrStool Posted November 27, 2007 Report Share Posted November 27, 2007 qqqq, dia and spy 3 day cycle indicators went to the buy side overnight. 5 day cycle indicators on the cusp. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 27, 2007 Report Share Posted November 27, 2007 Getting very tight down here. Still think we'll test August's intraday lows before we bounce hard. Link to comment Share on other sites More sharing options...
Sudaca Posted November 27, 2007 Report Share Posted November 27, 2007 I suppose the oil rich countries of the Middle East selling oil at $90+ could ultimately provide a significant source of liquidity to US markets? 628015[/snapback] Absolutely. SWFs are being touted as the new financial Messiahs, willing to swoop in and rescue the flailing US capital markets with their seemingle endless pools of reserves. But in my opinion, SWFs, with all their dough, are not Warren Buffet. Warren Buffet made his money by investing. SWFs did not. They just stumbled onto their dough. They know jacksheet about investing. Link to comment Share on other sites More sharing options...
DrStool Posted November 27, 2007 Report Share Posted November 27, 2007 5 hr cycle indicators could be rolling over here. Depends on the first few minutes after open. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted November 27, 2007 Report Share Posted November 27, 2007 Still a good 30+ points away. One hard down day should do it? Link to comment Share on other sites More sharing options...
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