Recent content by zer0

Iraq, speaking american on the radio, the vehicle is not military, redneck's random shootings => obviously american mercenaries.

SICK :mad: :mad: :mad:

Because the british economy is only about finance & housing. It is Wall Street redux. The BoE have less power than the ECB,FED and lost a big chunk of its credibility. If the credit crunch situation goes out of control, the City will suffer more than Wall Street. Btw, dhpar, I hope you will...

I read somewhere that London prices are down. Anyway, BoE is definitely the clown among central banks.

A speculator can profit from any FED decisions it's OBVIOUS we're not talking about that. What we're talking about here is the health of the US & World economy. The inflation and the collapse certainly coming in weeks/months/years will be really ugly for a lot of people. We will remember then...

nice call :)

LEHMAN delayed the bad news by cooking the numbers with level 2/level 3 valuations

even if all this panic, bank run stop, the business of NRK is unsustainable. Their business model was build on aggressive lending/borrowing with very thin margins. The money marketdefinitely changed. The housing market has turned also. All the CFC, NRK, mortgage/housing/banks with aggressive...

Why is it toxic ? Because obviously 99% of it's peers think the same. The british financial system is even more exposed to the credit crunch than its US counterpart (see the tensions on the LIBOR). If NRK turned to BoE it's obviously because no other bank was willing to lend them even at...

Yeah i saw also the cocky STRONG BUY recommandation by Merril Lynch (target 913p.) just before the stock took -50% :p

sorry but it is in worse shape than that. NR is highly TOXIC. Fitch ratings are worthless. NR business is totally DEAD ! they have absolutely no room to continue what they were doing, the best case scenario for them is to service the existing loans and that's it and that values the stock at...

i will give you the answer my way I = Initial amount (20000$ in your case) r = daily rate of increase (0.076% or 0.00076 here) After n days of compounded growth your equity will be : E= I *(1+r)^n If n=100 E= 20000* (1.00076)^100 = 20000 * 1.0789 = 21578.63 (increase of 7.89 %)

LOL

I was waiting for that argument ;) When I say he was right I mean he was right on the causes, SPOT ON the credit market problems months or years before it started unwinding. I am a small retail trader and i don't want to enter into the typical discussions between the heavily positionned...

thx, i will study the question, always interested by brain food :)