Search results

Exactly! If financials run for a period in either direction either FAS or FAZ will have massive gains. That is the reason it makes sense to be long both.

Selloff starts tomorrow :p

What a beautiful turn around today. Everything is rolling over nicely.

I called it months ago on this same forum. Their balance sheet is UGLY!

The better strategy is to go LONG both. :p Do the calculations, it works out if financials run on way or another. It is basically like an options strategy.

Look at these asset mark downs and then tell me the crisis is over. <img src="http://img12.imageshack.us/img12/3619/toxicassets.jpg" /> Thanks to Zero Hedge for the chart. Posted by Tyler Durden at 1:27 PM The Treasury's arbitrary transaction price of 84 for the "pool of residential...

This just doesn't end. I wouldn't be surprised to see the stock up 10% tomorrow on this news. :mad:

What is the news out of Japan? Their market rocketed higher and our futures followed. I don't have my trading windows up.

That is when you know this is just a bear market rally. The local news was spouting off tonight about how the market is in a rally mode that cannot be stopped and quoted some real estate expert who called Dow 10,000. Catching the short side is going to be very profitable. :D

And it is essentially the same "plan" announced weeks ago. WTF has the treasury been doing? Paul Krugman March 21, 2009, 7:12 am Despair over financial policy The Geithner plan has now been leaked in detail. It’s exactly the plan that was widely analyzed — and found wanting...

Or they could beat by a ton

Uh oh, being halted before earnings has been the kiss of death.

Way way way way way WAY worse if they are resorting to using inflation to combat the problems.

The next dollar they print will always be worth less than the previous dollar.

How do you think the Fed is going to pay for the treasuries? They print money!

This could be an indicator of the bad earnings to come over the next month. They missed their EPS estimate by about 10% and guided lower. The stock reacts by dropping 11% and hitting a new 52 week low.

EUR/USD 1.35 :eek: :eek: :eek:

WOWZA, there were some good profits to be made in that trade. Gold went from down 30 to plus 15.

Very timely! Welcome to Japanese economics folks.

Whoooooooooohooooooooooooo there is the Fed pump.