Search results

Lol, what a surprise, NOT. Seems like a lot of companies in dire straits and cash strapped are getting cash while the getting is good. Wonder why? The future is looking so rosy right? Or is it because they can't believe their luck at these levels with the conditions they are seeing with no...

I am really surprised at the strength of this move. All the news until about a week ago was how the world was flooded with the stuff, then there was that huge find and next thing I know its is roaring off its lows? Is this just indiscriminate buying of commodities or have the fundamentals...

The banks are not lending because there are few good qualifying loan opportunities at rates that people want to pay. In part because underlying assets prices are still not stable and in many cases still unrealistic. How do you take assets like that as security, and at a rate that customers will...

There is probably news, you just don''t know what it is. Maybe the public will find out in a week or maybe not for months.

About bloody time :)

Today's auction was a disaster

Took profits on half SRS and all of CBG (+$1.22)

Nice hold, guess that's why you're the Boss :)

Added substantially to SRS calls June 21 calls.

I added to my SRS position today and also added a large short position in CBG.

Exactly, and what keeps inflation in check to a certain extent? Productivity. How productive are those government created jobs? Not very.

http://www.google.com/hostednews/ap/article/ALeqM5gCNsHnYdX4olLBhRKC1uMDGenYawD97VK1H80 on the other hand http://latimesblogs.latimes.com/money_co/2009/05/the-federal-reserves-latest-quarterly-survey-of-bank-lending-practices-shows-credit-conditions-are-easing-somewhat-for-bus.html

That mentality is what sets us up for a crash. Everyone long and long cheap put protection.

He has changed his tune from a few weeks ago, not quite as rosy and optimistic.

Party like its 1999 or 2007! What I don't get is that I have yet to meet one single guy on the corporate side of things, and I talk to a lot of them at the Senior VP level and up, who is a believer in a 2nd half recovery? Is it just the CEOs that are seeing this from their lofty perch?

Potentially $190B in now taxable profits to further depress earnings and the market roars. Could it be they know its never going to happen and that it is just news to keep the Obama dittoheads salivating at what they have been fooled in to thinking is going to be redistributed.

Once bitten, fuck them :) Seriously though, why would the private lenders make a come back when Obama has stated his basic opposition to their business model. Perhaps SLM would be a better play at this point and not all that much difference in stock price now.

Ouch, tough day today as I went in to the weekend completely unhedged, something I rarely do and today am paying the price. What's worse is that I sold all my commodities a week ago and they are all running! $sox looks like it is confirming the breakout so need to either shut down the...

I think anyone who is paying attention knows this is coming, probably sooner than later. The real question is when to get long based on the hyperinflation scenario. I have been a big bull on commodities, mostly the grains and metals (not gold) but recently sold them all because if we are going...

By then the banks and the fed will own most of the housing stock through foreclosure, they will be quite happy :)