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Bulls crush everything in their path


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Posted

That filthy animal David Darst was basically screaming SELL SELL SELL to old douche Bill Grifith

 

When...EVER....do you see one of these guys from a major house even hint at the word SELL on CNBC, much less repeat it several times

 

UFB

 

I guess Morgan Stanley wasn't done loading up with inventory to distribute later in the year

 

Too bad Darst...you POS

Posted

Hello...my name is Bung

 

Apparently I got all excited and was a bit quick into my shorts...

 

please forgive me...

 

post-1110-13186237507524.jpg

Posted

I don't think that bulls are driving this move. More likely, panicked bears, and cynical day traders squeezing their balls.

Posted

Berkshire layoffs in carpet manufacturing unit

 

I thought Buffet was bullish on the economy... at least on CNBC.

 

"This was an internal meeting and Mr. Buffett was very optimistic about the future."

 

Paul Murray, Shaw's vice president of sustainability, said in an October interview that Buffett believes that the economy will eventually recover, but that any recovery could still be years away.

 

The famous investor told executives that the housing market may not fully recover until 2013, and that weak demand "could even extend into 2014," Murray said.

 

Shaw Industries to shut Dalton plant, cut 270 jobs

http://timesfreepress.com/news/2011/oct/11/1011-a1-shaw-to-shut-dalton-plant/

 

Shaw Industries plans layoffs

http://www.timesfreepress.com/news/2011/aug/18/shaw-plans-layoffs/

 

Edit: From the way back machine, Buffet buys Shaw just before the housing market takes off. The man is prescient.

 

September 6, 2000: 12:37 p.m. ET

Buffett buys carpet maker

http://money.cnn.com/2000/09/06/deals/berkshire/index.htm

Posted

TJ/Bond experts -

 

Any thoughts on the latest credit market fire - problem in the Prime mortgage securities.

 

TimberX

http://www.zerohedge.com/news/timberx

 

PrimeX makes primetime

http://ftalphaville.ft.com/blog/2011/10/14/702781/primex-makes-primetime/

 

From a trading point of view, the retail investor learns of these things only after the market has priced in the problems IMHO.

 

When it comes to this type of stuff I would look to Gundlach

 

http://www.cnbc.com/id/44892166

 

Although I think it provides a link to why the Mreits are still on the mat...maybe

Posted

Thery're given 'em away in PA

 

$1,000 for a 1900's 4 bedroom Victorian in Shamokin?!?

 

Put me down for five!

____________

 

Hey dude, did you see that Chick?

 

She was sha-mo-kin!

 

post-6859-13186425390888.jpg

http://www.auction.com/Pennsylvania/residential-auction-asset/1281438-1659-122-E-Sunbury-St-SHAMOKIN-PA-17872.html?utm_source=iContact&utm_medium=email&utm_campaign=O-114%20NE&utm_content=

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