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Why don't you do the research and then post the answer instead of posting this worthless thread. Start at www.sec.gov. Check their 10-Ks and report back!

I love how the chart triangles before going up further. :D Great job neke!

I appreciate the analysis and it sounds like a good play but, I have a feeling you secretly want to be living on that beach in Maui instead of just buying shares of MLP! :cool:

Man, with the 10 Billion he spent on GE and GS he could buy half the retail sector and their real estate by next year. Forget snowball, he got snowed. Plus I believe those investments were preferred stock; junior to debt in liquidation.

It did and I wish I bought another thousand shares. Could have sold out last week up nearly 100%. This thing has really tumbled this year. It has its risks (also no options) but its decently diversified, they sell calls on their positions and buy index puts. I think its as good a place to be as...

If you like XLF, have a look at IGD. Same thing, mostly financials with some energy and utilities thrown in. Paying a monthly 20%+ yield and trading at 8.xx at a 25% discount to NAV. See here: http://www.ingfunds.com/investor/content/closed_end/profile/overview.aspx?f=128&fsc=345

All that money seems to be chasing Treasuries. Check out the yield curve over the last two weeks: http://www.ustreas.gov/offices/domestic-finance/debt-management/interest-rate/yield.shtml

Gotchya, thanks.

This was a great call. One question, how did you choose 970 as the resistance?

I think he means that for every pop, people will pile in thinking they are missing the rally. So they will panic that they are not in the rally, buy willy nilly and send the market higher.

You should have done that about 2 hours ago.

Oil stocks also shit the bed on the close. XOM hit a high of just under $71 before 2PM and ended around $66. At least $2 down in the last 5 minutes. CVX also broke down hard.

That was an interesting perspective.

That is great. Thank you.

LOL :D

My guess is that they were waiting for a deal to materialize before annoucing the seizure. Otherwise there would have been a run.

Are you freaking kidding me? that is ridiculous. I guess Paulson is genuinely worried that his friend's may not get bailed out. Paulson and Bernanke must have thought this would be a cake walk; come in, scare up congress, get the money, go back to NY. Really a sad commentary of our current...

I found it on a blog, here it is: http://faculty.chicagogsb.edu/john.cochrane/research/Papers/mortgage_protest.htm Here is the blog if you're interested: http://globaleconomicanalysis.blogspot.com/ It is a short general outline of their reservations about the proposed bailout plan. I...

I like your more hardline attitude toward this. #6 I would love to see this but most of that money is probably tied up in assets such as greenwich and hamptons houses. #8 & 9 by codifying limits on credit terms you restrict free enterprise in the lending market. Banking will become...

That was definitely a Gasparino Rally. The market was headed down the toilet until he got on the air.