IDS World Markets Wed 18th March 09
358 replies to this topic
Posted 18 March 2009 - 08:47 AM
American Intl is trying to sell its headquarters - NY Post
NY Post reports the co is trying to scrape up another $100 million or so bucks by selling its 66-story Art Deco headquarters downtown. One of the potential buyers is the union that represents doormen and porters at office and apartment buildings, sources said. AIG hired Cushman & Wakefield, whose brokers, Darcy Stacom and Bill Shanahan, sent out an e-mail to prospective buyers Monday boasting of the "breathtaking views" from the site, 70 Pine St. But AIG probably will get only a fraction for the 77-year-old building that it would have gotten when the real-estate market was booming. Industry sources said 70 Pine could have fetched around $320 million then. Now AIG will be lucky to pocket $100 million.
Posted 18 March 2009 - 08:52 AM
Chort glass at $2.50. Oversupply.
PARTY! NORTH KOREA! SATURDAY NIGHT! BYOF (bring your own food)
Posted 18 March 2009 - 09:07 AM
I believe that trade will work out just fine for you.
Posted 18 March 2009 - 09:15 AM
Prudence, indeed, will dictate that governments long established should not be changed for light and and transient causes, and accordingly all experience hath shown that mankind are more disposed to suffer, which evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations , pursuing invariably the same object, evinces a design to reduce them under absolute despotism, it is their right, it is their duty, to throw off such government, and to provide new guards for their future security.
Posted 18 March 2009 - 09:29 AM
...gary dorsch commented monday night on a possible FOMC affirmation of a policy to buy treasuries...if i understood correctly...he said this could push money out of bonds into stocks and that it would be bullish for gold...
Posted 18 March 2009 - 09:31 AM
If you plan on building a position that you will be holding for awhile you may want to consider selling puts in a ladder
Posted 18 March 2009 - 09:42 AM
I would put that in the class of a speculation on a speculation.
On the other hand we have this gorgeous double top on the Dow at major resistance with massive negative divergences on intraday and very short term cycle indicators.
Which would you rather believe?
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Posted 18 March 2009 - 09:51 AM
Just down loaded latest Open Office upgrade - Free and Sun Micro.
Who in there right mind would buy MicroSoft Office with OO available.
Thus one major reason for the buy.
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