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  1. K

    •Volcker's ‘Great Recession’ Will Redefine Full Employment as Jobs Vanish Forever

    Actually I do like copy and paste. It's often easier and more convienient than searching the news sites myself. I don't even mind reading negative copy and paste articles, can be very useful in fact. But copying and pasting an entire weekends worth of negative articles? At least be somewhat...
  2. K

    •Volcker's ‘Great Recession’ Will Redefine Full Employment as Jobs Vanish Forever

    Did you just copy and paste every negative news article you read over the weekend?
  3. K

    Long Short Neutral?

    I'm currently biased to the long side and have been for a while now (maybe too long of a while, but that's another story for another thread). I do see the economy improving over the next year, and along with it the stock market. But that being said, I get less and less bullish as this rally...
  4. K

    Investors on Crack

    That's exactly my point. Analysts and even the companies themselves forecasted very very low numbers. The market then priced in those very very low numbers. Now the actual earnings are being released which are much higher than expected, which is why we are seeing this gorgeous rally the past...
  5. K

    Investors on Crack

    I think you're wrong... You are correct with regards to the banks but that's it. How do you explain the beats from companies such as RIMM, GD, LMT, and a slew of other companies who not only beat but blew the roof off of earnings in some cases. These are companies who have not received any...
  6. K

    Investors on Crack

    Analysts and companies forecasted worst case scenarios for Q1 2009. The stock market priced in those worst case scenarios which is why the markets plunged. Now that people realize the worst case scenarios are not materializing, the markets are rising to an appropriate level to reflect that...
  7. K

    What is going on with Chrysler?

    Exactly. If I were the hedge funds holding their debt and I thought I could get more from the company's assets than the reduced amount they are offering me, I'd force them into chapter 11 as well. GM's turn for bankruptcy will come in June.
  8. K

    Chrysler Bankruptcy

    Actually it will happen. Possibly even tonight (April 30) at midnight if a deal can't be worked out with the hedge funds that hold alot of debt.
  9. K

    What is going on with Chrysler?

    Bankruptcy tonight (April 30) at midnight. Hedge funds won't budge on taking a hit on the debt they hold. Banks agreed to concessions but the hedge funds are saying no. Can't really blame them, Chrysler is asking them to take far less than they're owed.
  10. K

    Here's real verifiable proof 90% lose

    I think alot of people will look at some of these statistics and ask "Why bother trying to become a trader if the odds of making it big are so low?". But just because something is hard doesn't mean you shouldn't try. The odds of you starting a business and becoming the next Microsoft, for...
  11. K

    Citi Seeks Approval to Pay Out Bonuses

    Plenty of talented financial professionals available, but NONE of them will go to C when they aren't eligible for bonuses. Or if they do it will only be temporary until they can find a new job that pays bonuses (as ALL private companies do). C will hire from the bottom of the barrel and run...
  12. K

    GDP Report Release

    Agreed. They may not be completely over but we will not see it for a long time at least. I think the fact that the GDP decline is slowing and consumer spending is up is definitely good news for the economy in terms of the worst being over.
  13. K

    Fed Meeting Today?

    This is not insignificant.
  14. K

    U.S. Gross Domestic Product Shrinks 6.1% in Q1

    Terrible number for sure. But consumer spending is up which is 1 positive to take from this.
  15. K

    Citi Seeks Approval to Pay Out Bonuses

    Scary how they need government approval to do this. Clearly they want to avoid another AIG situation. C is absolutely correct about the fact that they will lose good employees if they are not allowed to do this.
  16. K

    Rotterdam, Europe's Largest Port, May Run Out of Space to Store Crude Oil

    They already have stopped many if not most of them. How do you like NAT here? I see them benefiting nicely in 2009 from tanker storage and your article seems to support that hypothesis. What do you think?
  17. K

    The Truth About The Real American Economy As Measured In The Average 'Sam's Club'

    Are you kidding me? Who the hell notices condiment levels at restaraunts??? And then tries to correlate that to a bad economy?
  18. K

    NFLX chart

    Do you honestly think that people are that worried about the swine flue that it will positively effect NFLX earnings???
  19. K

    Etrade

    Most likely. Here in Canada, ETrade Canada was bought buy the Bank of Nova Scotia a few months back. I can see the same thing happening with ETrade.
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