Search results

  1. D

    RED ALERT- Negative Bank Reserves

    "USA Banks in aggregate have now burnt through all of their capital and are forced to borrow reserves from the Fed in order to keep lending." http://www.safehaven.com/article-9360.htm This means – The banks in aggregate have NO CAPITAL When you deposit your CASH, they can’t let you...
  2. D

    that was bershankes last bullet

    Current building statistics are the same as 1982, and thats when Volcker moved mortgage interest rates up from 6% to 13% .. Remember all those CNBC analysts saying that "interest rates are at historically low levels", thats them 6%.. If bond insurance coy are bailed out or back stopped...
  3. D

    Whoa... Did the Market Just Call BULLSHIT on Bennie and the Fed?

    BUBBLE, BUBBLE, BUBBLE, BUBBLE, POP
  4. D

    The Trillion Dollar Secret

    ..."Point is, the derivatives market will not play out until we see massive failuers in recourse loans, (private loans back by assets), credit card defaults on massive levels and the Down at 9000/10000. "... Shit thats next week...
  5. D

    How much subprime losses remain to be written-down?

    .."Real estate mortgage and collateral ( property ) doesn't not disappears.".. The physical house does not disappear, but the VALUE does. What are you drinking ???
  6. D

    How much subprime losses remain to be written-down?

    From USA banks the write down ( provision only, not actual write offs) is about $140 BN. In accounting you provide for a loss via provision, after its confirmed as BAD you write it off as a BAD DEBT. BAD is when there is foreclosure or bankruptcy by the debtor. This guy says provisions...
  7. D

    GOLD ready to Drop $100 - COT Reports

    I am saying a SELL off will happen within the next say 4 to 6 weeks. I wouldnt be surprised to see GOLD at $750 I understand that the massive head wins for this plan is the possilble fall in the USD based on FED cutting rates. But if stocks fall, so will gold.
  8. D

    GOLD ready to Drop $100 - COT Reports

    Oooops sorry When current price is between $900 to $1000 gold wil top out , then drop at least $100 dollars. I forgot a ZERO on the $100.
  9. D

    GOLD ready to Drop $100 - COT Reports

    The COT reports show incredible danger for LONGS, soon the Large speculators must find BID to bank profits. Massive abnormal large speculator longs at the moment. The commercials ( ie the producers/miners) have not been in this last rally, so unless they become much serious about being long...
  10. D

    Societe Generale says rogue French trader hacked computers

    It smells rather french, the poor bugger maybe did a few million, but not the fall $7BN, when Nick Leeson went down the Bank tried to tie all sorts of non related losses to the Lesson fraud. So wait for the movie and court case. He looks a bit like the photos of that patsy who shot JFK
  11. D

    GOLD ready to Drop $100 - COT Reports

    Ok you will be stupid in about 4 weeks. Oil after $100 bucks sold off. Also other calls I made, and fellows like you gave me the same muck. SP500 Techically week 12/10/07 http://www.elitetrader.com/vb/showthread.php?s=&threadid=111533 SELL IN MAY and GO AWAY, HERE WHY ...4 REASONS...
  12. D

    GOLD ready to Drop $100 - COT Reports

    Large speculators have over $200k contracts for LONG. Soon they must SELL for profit taking. Why : either some funds must liquidate positions for redemptions or help cover margin calls from loosing stock positions. But watch out btw gold at $900 to $100 for a major sell off.
  13. D

    Heads Up

    The month of Jan 2008 has shown to me that the Dow can drop 600 to 1200 points faster than Carl Lewis. ( 100 m sprinter LA games). Electronic trading and fear combined with the mass of retail online trading a Oct 1987 crash still is a very real physically possibility. Sure there are limit...
  14. D

    Ben Stein on Kudlow: Traders are the devil

    ..."Traders don't guess, calculate, divine, predict or speculate prices, they manipulate them. They like to form groups to set prices, to manipulate the system."... Change this to "The FED/PPT don't guess, calculate, divine, predict or speculate prices, they manipulate them. They like to...
  15. D

    Charts that can confirm/predict a global slump

    Hi, I have a chart list over at www.stockcharts.com called WORLD SLUMP Within this list I have.. - Copper - widely used in all industries - Oil - Obvious importance - 13 week USA Tbill - Safety - 2 yr USA Bond - Safety - 10 yr USA Bond - USA Mortgages - World...
  16. D

    US Dollar Why isn't it tanking?

    BUY SAFETY - USA short term bonds... What you gonna buy Jap or China bonds If Oil falls, so will gold then $USD will rally.
  17. D

    MBIA whats the latest...and down grade of AAA ?

    What the schedule of news to come ?
  18. D

    Fed will keep cutting rates- do you know?

    Japan had interest rates at 0% for 16 years... Made no difference. Not a sure bet cutting interest rates.
  19. D

    BUY BUY NOW, on this!

    - As long as USDJPY does not fall. - Markets will rally if USD JPY holds or rallies. - Check out SW:SMI , major support at 10,000. The Sw:SMI is not a manipulated index like the INDU Recession is not confimed yet...so bet that it won happen. I bet the employment report in Feb 08 is...
  20. D

    Why isn't gold going up during this global stock meltdown?

    either Deflation...gold has no dividend Fund managers need to raise cash to pay out withdraws No inflation if there is a recession
Back
Top