Recent content by rodden

OK. Thanx. I also assume that they reinsure. There's a lot of anxiety out there about the imminence of the Kondratieff Winter - it's actually many years overdue. We're not freezing in the dark yet. Maybe the Fed actually knows what it's doing. Let's hope. Good luck.

Although the contributing factors were numerous, the last major depression ('29+) was triggered by the stock market collapse which precipitated an acute crisis in the banking sector (loan defaults). Perhaps the next depression will result from a collapse of mortgage insurers. The 20%...

Good point. A split at this level would be logical. Did OK ( going for small percentage profit on size ) shorting NT before it split in 2000 though - but that was a different market. RIMM is scary, but NOK might spook a few enthusiasts.

Thanx Digs. Hope so. Already short - but just a little. Will take a bigger position tomorrow if it isn't going nuts. Just a little cautious - got killed a few months ago shorting TXN on the eve of earnings announcement. Good luck.

Huge up-gap ( simultaneous with NOK's ). Monster MACD. RSI 80+ . STOCH 80+ Good licensing program, but this program cuts into the sales of their own product. Overbought for sure, but is it too powerful to short? Earnings report tomorrow. Any ideas?

The situation in Iraq is hopeless. If 'democracy' is established it will prove to be nothing other than dictatorship by the majority - the fighting will go on. If it is not, the fighting will go on. The U.S. will eventually be looking for an exit point at which there is stability...

With the well orchestrated manipulation of government "statistics" (how about those 'revised' employment numbers?) and the huge short situation, we may be seeing a short capitulation before the down turn. Shades of 2000! That 2-minute anticipation of the government numbers Friday was not...