MisFit Kid Posted March 22, 2012 Report Posted March 22, 2012 Dow flirted with 13K today Can it end the week above?
DrStool Posted March 22, 2012 Report Posted March 22, 2012 The real question is, "Does anybody care any more?"
MrHanky Posted March 22, 2012 Report Posted March 22, 2012 Pretty obvious double bottom rampathon near the close,I knew it was coming so I went out.... The bots came hard and fast in the blink of an eye.
Speakeasy Posted March 22, 2012 Report Posted March 22, 2012 The real question is, "Does anybody care any more?" Wow! 2 pages on IDS today. There must be a bad moon arisin'. Doc, I feel your pain.
shorty Posted March 22, 2012 Report Posted March 22, 2012 Dow flirted with 13K today Can it end the week above? No, it cannot. The crassh hass begun.
Goldmember Posted March 22, 2012 Report Posted March 22, 2012 Pretty obvious double bottom rampathon near the close,I knew it was coming so I went out.... The bots came hard and fast in the blink of an eye. I sold my SPY puts right on that double bottom, as well as some TZA, both for handsome gain...but I kept some other puts on QQQ and AAPL and others for the semi-climactic bedshatting gashbust in the morning after Asia and You Rope set the pace. We aren't done yet on the bear side, not even on short term stuff. The short term stuff still needs a nasty climactic sell-off to freak everyone out and create bargains, not a little dribble down drip to a double bottom like today.
Jorma Posted March 22, 2012 Report Posted March 22, 2012 No, it cannot. The crassh hass begun. Your OK by me Shorty but my back of the envelope calculation says your projected crashes add up to 27,883 S&P points, so far.
shorty Posted March 23, 2012 Report Posted March 23, 2012 Your OK by me Shorty but my back of the envelope calculation says your projected crashes add up to 27,883 S&P points, so far. we could still drop that much and spike negative if all the derivatives implode or if Sheriff Joe spills the beans
bundys_dodge Posted March 23, 2012 Report Posted March 23, 2012 TJ and other boondogglers - What is this Goldman security with 30% yield. I am sure there is no GS bond that is yielding 30% at a price of about $93. I am curious... GS Security 30% yield ????
Trader Joe Posted March 23, 2012 Report Posted March 23, 2012 TJ and other boondogglers - What is this Goldman security with 30% yield. I am sure there is no GS bond that is yielding 30% at a price of about $93. I am curious... GS Security 30% yield ???? Looks to be some sort of toxic garbage filled dumpster note http://www.docstoc.com/docs/81194578/Prospectus-GOLDMAN-SACHS-GROUP-INC---6-7-2011
DrStool Posted March 23, 2012 Report Posted March 23, 2012 I’m Not A Believer, Too Much Doubt In My Mind
bundys_dodge Posted March 23, 2012 Report Posted March 23, 2012 Looks to be some sort of toxic garbage filled dumpster note http://www.docstoc.com/docs/81194578/Prospectus-GOLDMAN-SACHS-GROUP-INC---6-7-2011 Thanks TJ, that is very helpful. Upon reading the link I remember seeing such notes back in 2009, which essentially looked like, heads GS wins, tails GS wins even more. I could not fathom why anyone would want to invest in such a deal, unless there is some tax benefits that goes along with such structured notes.
bundys_dodge Posted March 23, 2012 Report Posted March 23, 2012 are they done marking this one up? Oh Shorty.... now you are messing with Eddie Lampert. Please refer to price action in Sears.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.