Search results

I'd say that the FED, particularly going back to last Fall, has done the one thing I would have though least likely, which is to cause people and markets to lose confidence in the FED. Confidence lost in an investment bank, even a very big one, is not of that same magnitude.

No, just the opposite . . . because the GS prop desk has made so much dough shorting while Abby has been pumping that it now must cover and needs to switch to a bearish forecaster for that purpose. (PS I see smiley emoticon and so know that I probably am saying only what is the MOST obvious.)

These figures correct? If so, my guess is oil corner is exiting: long oil/short USD has transferred more wealth in a month than any trade in history. But it counts only if you can get out of it.

I agree with above and with Cutten's take on it. Ponder this: if BSC value can go from billions-plus to negative in months -- its bldg in NYC is worth more than the price JPM is paying -- how much worse is this funny-money infection more generally? Consider that hedge funds are freezing...

"Current price" is result of pricing power -- the exercise of that power. Tax would grab and reduce some of that power, reducing incentive for its exercise, and thus price would fall. Of course, to believe that explanation, you have to believe in the pricing power, or what I refer to as the...

Good job (to Ivanovich) in being selected to help mod the forex forums, proof of intelligent life in those forums after all. (Of course, I used to hang out there, and once also opened an account with a forex retailer, so I'm as guilty as anyone. I've been trying to live it down ever since.)

As I've said in another forum on similar topic, as soon as the idea of a hefty USA tax on imported crude oil gains traction, as in viable, crude will drop like a rock, and hugely. The tax idea might be mated to temporary relief from the federal gasoline tax, which is retail, thus making it an...

Which also can be said of solar, as in peak solar, as in the peak energy output of our sun. Peak oil is a myth. A hefty import tax on imported oil would tend to prove that, letting the Gov't fleece us instead of standing around while the emirs and oligarchs do it. Such a tax would reduce...

Bravo and congrats to the owners of BX, who have -- it's just been announced -- earned a Golden Scissors from the jurors of the Prix de Sheep Shearing. Merely ten months or so and the bag is nearly two-thirds of the first-day price.

Patience is paying off. Of course, I'm waiting chiefly because I'm largely clueless. Luck favors the dumb and the brave, it appears.

Excellent entry measured intraday today. I'm still on the sidelines and may regret not acting today on your advice.

Thanks for the reply.

I'm looking for trenchant analysis of when (price wise) to buy Wamu, knowing that bottom picking, armed with only what I know now, isn't the best idea. I know something about the company, enough to be interested. But need more. Any ETers up to it?

You mean that they were absolutely positively right, dead on right, bone crushing and blood curdling right, so right they make the Krell appear no better than stunted Mad Money fans, is that what you mean when you ask, "When will the bears admit?" If so, then YES YES YES. And now I'm done...

No disrespect to the OP or to Santelli, but this “take down” partly may be a ratings gambit for CNBC. The more Cramer is a “train wreck,” the more “train wreck” fans will watch. It’s the difference between experts on trains -- who enjoy seeing a fast train smoothly running and...

"Buy high, sell higher." That and the fact that Jim and stocktrader on this board suspiciously appear to be one and the same person. If not the same person, then to be sure the exact same approach. Finis.

He's had to quit posting here. TheStreet.com told him it violated his non-compete.

In this rout? Who needs to? By the way, lindq was the only ETer to pick up correctly on the prescience of my chat humor several months ago about Wall Street help wanteds (travel agents, summons servers, etc). I figure he’s been killin it.

Thanks.

Yours is a credible comment. I read something similar to it in Barrons over the weekend (after your post). On the other hand -- and this is my view -- rather than a making a landing, price action recently could be another step down in stairs that are longer and taller, i.e., further to travel...