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#1 aussiebear

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Posted 19 March 2012 - 09:18 PM

Early openers milling around: Kiwis flat, Aussies -0.2% and Sth Korea +0.2%. Nikkers closed.

Mostly red for Aussie sectors led by Telecomms and Healthcare, both -0.8%.


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#2 aussiebear

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Posted 19 March 2012 - 09:18 PM

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http://finance.yahoo...lindices?e=asia

#3 aussiebear

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Posted 19 March 2012 - 09:19 PM

http://money.cnn.com...s/morning_call/


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http://www.kitco.com


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http://www.kitconet....ase_metals.html

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http://finance.yahoo.com/

#4 aussiebear

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Posted 19 March 2012 - 09:22 PM

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Call us if this looks like your family…

#5 DrStool

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Posted 20 March 2012 - 12:15 AM


The Bad News Is That Market is Celebrating What Was, Not What’s To Come


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#6 DrStool

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Posted 20 March 2012 - 01:00 AM


The 6 Week Terminal Phase Of The Disease Process


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#7 aussiebear

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Posted 20 March 2012 - 01:20 AM

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More sloppy sideways action: All Ords closed -0.4% with Gold -1.2% down the most.

Tending to red in Asia: China -0.9%, Honkers -0.8% and India -1.2%.


On to UK/Europe:


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#8 DrStool

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Posted 20 March 2012 - 09:11 AM

My homage to Greg Smith has begun to attract some comment.

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#9 DrStool

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Posted 20 March 2012 - 09:39 AM


Gold tests critical support. Will it reverse or break down?


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#10 DrStool

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Posted 20 March 2012 - 09:42 AM

SPX plows through initial 2 day cycle projection of 1401, hits initial 3 day cycle projection of 1399.

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#11 bundys_dodge

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Posted 20 March 2012 - 10:45 AM

My homage to Greg Smith has begun to attract some comment.


So... Mr. Smith has indeed arrived at Washington...

#12 bundys_dodge

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Posted 20 March 2012 - 10:50 AM

From the Marketwatch article, courtesy of Doc -

Whether or not you support the Occupy movement, it’s stomach-turning to think about the NYPD ripping up camp sites, spraying mace and manhandling the disenfranchised, while the mayor dines with a Wall Street CEO who not only bet against U.S. homeowners in the mortgage meltdown but structured deals for his favorite billionaire clients, only to shaft investors on the other side of the deal.


Goldman, Bloomberg and crony capitalism

Marketwatch talking about Crony Capitalism!? S&P 1560, here we come.

#13 I_Am_Madness

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Posted 20 March 2012 - 11:02 AM

Went long GDX at 48.80 this morning.
No change with my futures short.

Trade safe.

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Stop the Madness

#14 Jetlag

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Posted 20 March 2012 - 11:03 AM

I didn't completely read Greg Smith's op-ed, but who ever worked in the industry or read "Liar's Poker" doesn't see anything surprising in Smith's account at Goldman. People who think Goldman is the only rotten apple are mistaken, they're pretty much all alike. Two of the worst ones have already been taken down: Bear Sturds, Lemon brothers.
Don't think for a second that it's some sort of ethical market or regulators/TPTB taking them down for their sins/illegal behavior. It's more like the confrontation of different mob families fighting over the same turf.

#15 bundys_dodge

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Posted 20 March 2012 - 11:51 AM

I didn't completely read Greg Smith's op-ed, but who ever worked in the industry or read "Liar's Poker" doesn't see anything surprising in Smith's account at Goldman. People who think Goldman is the only rotten apple are mistaken, they're pretty much all alike. Two of the worst ones have already been taken down: Bear Sturds, Lemon brothers.
Don't think for a second that it's some sort of ethical market or regulators/TPTB taking them down for their sins/illegal behavior. It's more like the confrontation of different mob families fighting over the same turf.


Agreed... it is not that Stoolies did not know, but rather the fact that it was prominently published in New York Times, giving it much wider publicity. But be assured, no damages will be done to no investment bank because of the op-ed.





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