MrHanky Posted December 28, 2009 Report Share Posted December 28, 2009 Another day or 2 of this [email protected] time to flush. Quads dippin in the afterlife. Link to comment Share on other sites More sharing options...
Trader Joe Posted December 28, 2009 Report Share Posted December 28, 2009 Another day or 2 of this [email protected] time to flush. Quads dippin in the afterlife. Doode: Nothing would make me happier than to see this pig get smoked for the first couple of weeks in January....a nice panic sell-off would allow me some great entries on the long side Hoping Link to comment Share on other sites More sharing options...
Trader Joe Posted December 28, 2009 Report Share Posted December 28, 2009 Back in the day... ...any time the market was having trouble CNBC would bring out the guns In addition, Lara Logan of CBS/60 Minutes fame is anudda' one....OOOO-FAAAA...in a word, "stunning" Link to comment Share on other sites More sharing options...
shorty Posted December 28, 2009 Report Share Posted December 28, 2009 regarding IBM common, despite marginal new high, before getting super-bullish can someone please address the net tangible asset value per share ($5.80) negative Link to comment Share on other sites More sharing options...
shorty Posted December 28, 2009 Report Share Posted December 28, 2009 likely problems for common stock in 2010: dollar has bottomed (vs. other faux like Euro and Yen, not vs. real value) *** short-term and long-term interest rates both have bottomed consumers remain flat broke busted with credit cut off, so sales and earnings growth will be hard for most companies new supply via issuance of fresh common will increase, free cash for corps at these prices, amazing that $50 billion of bankster common was absorbed so well, others will not be as lucky but many will try final desperate liquidation of retirement stock holdings for many average folk to survive, since their home equity is gone, their job prospects are hopeless, and they can't borrow any more *** additional trillions printed only offset trillions destroyed by RE bubble burst, so net-net no additional inflation Link to comment Share on other sites More sharing options...
shorty Posted December 28, 2009 Report Share Posted December 28, 2009 The retracement of the gold pop above 1,000 from 1,225 back to 1,075 was precisely 2/3. Price target for gold is hard, but predicting duration is easier, i.e., the gold bull market has a lot further to go, even with a stronger dollar ahead. Relentless marketing of gold to the masses is just reaching full steam now, its popularity has not peaked yet. It's like 2002 in the housing market, overpriced but about to get more so as the masses rush in, not wanting to be left out. I won't be surprised to see 1.4 again in the gold to S&P ratio by end of February. Link to comment Share on other sites More sharing options...
Trader Joe Posted December 28, 2009 Report Share Posted December 28, 2009 regarding IBM common, despite marginal new high, before getting super-bullish can someone please address the net tangible asset value per share ($5.80) negative Driven by the following....don't worry, it'll come back Source Link to comment Share on other sites More sharing options...
shorty Posted December 28, 2009 Report Share Posted December 28, 2009 This is a good shorting opportunity, a claSSic overpriced-favorite short blow-out. Zero dividend yield, Price/Book 17, Price/Earnings somewhere between 50 and 80. Just have to be patient and enter gradually. Link to comment Share on other sites More sharing options...
MrHanky Posted December 28, 2009 Author Report Share Posted December 28, 2009 Doode: Nothing would make me happier than to see this pig get smoked for the first couple of weeks in January....a nice panic sell-off would allow me some great entries on the long side Hoping I have been bidding some stuff that I hope to get cheap because of tax loss selling.I missed one position by a dime today...... Only looking to buy crap (mostly closed ends) that pays nice divvies at the right price.Not alot out there right now.I see that some interest rate sensitive stuff has been starting to take on water like this turd..... Link to comment Share on other sites More sharing options...
shorty Posted December 28, 2009 Report Share Posted December 28, 2009 insurmountable overhead reamsistance Link to comment Share on other sites More sharing options...
Charmin Posted December 28, 2009 Report Share Posted December 28, 2009 Mr. Widget Freeze frame: It remains to be seen how far along the yellow 5 day oscillator is in it's descent to the zero momentum zone. The 8 day has 4-1/2 days under it's belt and waning. Link to comment Share on other sites More sharing options...
Charmin Posted December 28, 2009 Report Share Posted December 28, 2009 Mr. Widget Box trot: 3 days to watch for falling momentum above a gap to fill. There is potential for the latest in the 1120 area. Trending higher? Link to comment Share on other sites More sharing options...
Dharmaeye Posted December 28, 2009 Report Share Posted December 28, 2009 Spoo's 900 daily EMA is 1140 Link to comment Share on other sites More sharing options...
MrHanky Posted December 28, 2009 Author Report Share Posted December 28, 2009 Doode: Nothing would make me happier than to see this pig get smoked for the first couple of weeks in January....a nice panic sell-off would allow me some great entries on the long side Hoping My borker buddy seems to think we go up another 5% in january,and bonds continue to sell off for a while longer.He has been pretty accurate so far,but I think we pull back AT LEAST 3-5% first...... I will just sit back and collect my coupon payments till I feel the time is right to be an equity dipper. Link to comment Share on other sites More sharing options...
mdporter Posted December 29, 2009 Report Share Posted December 29, 2009 In addition, Lara Logan of CBS/60 Minutes fame is anudda' one....OOOO-FAAAA...in a word, "stunning" Wow, stunning. Good pick TJ. Link to comment Share on other sites More sharing options...
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