Stall and delay.
Stall and delay.
The Fed won't enforce anything.
They will turn and look the other way.
They will talk "tough" but they will do nothing.
It's all about TIME.
Crude Oil is surging today which is helping the OIH climb to new highs for the move, now in the 93 handle, and up from 80 on April 1st.
Glenn Neely is so (confused) and wrong it isn't even funny.
This puts a nice strong bid in the SPX.
:)
And you've been wrong for the last 10 days, which in the world of a prop trading "scalper" is a freaking eternity.
Your thread is useless.
No value.
Bye bye.
That's right.
I am no longer working on Wall Street. I am back in the sunny confines of California.
That having been said, I was working on Wall Street back in 1984, well before you started posting these absurd charts on ET with 17 different trend lines, most of which were drawn incorrectly.
no details about the losses applied to the loan portfolios . . . lots of vague stuff, no details as usual or transparency, no parameters, no tangible equity buffer, no numbers, etc.
3 handle pop in the S&P is a sale.
:p
Could it be because it is part of our foreign policy?
Are you not aware that Bush requested $150 million in FY 2006 and an additional $200 million in FY 2005 supplemental aid for the Palestinians?
I don't seem to recall that you were ever complaining about that, no?
Why did Bush appointee Henry Paulson force BofA's Ken Lewis to acquire Merrill even though BofA wanted to rescind the proposed deal?
Why did Bush appointee Bernanke give $145 Billion to AIG?
Why did Bush give $17.2 Billion to GM?
Was Bush a socialist?
The stress test is a joke.
Already in the stock prices.
Does anyone in their right mind really expect any of these entities to FAIL?
Besides, the info won't be made public until May 4th.
yawn.
Since the SPX is well above the last small peak identified as "B" on the last chart posted, the predicted formation (and decline) is null and void.
Makes total sense. :D
It appears that Congress wished to change the laws regarding military oversight and interrogation techniques with HR 2082 - - - seeking to uphold the Army Field Manual, but it was VETOED by ONE MAN.
Just like Bush vetoed a bi-partisan effort in Congress towards Children's Health Insurance...
You claimed that Osama bin Laden was DEAD, imply that he was killed by a "daisy cutter" bomb - - - yet you conveniently ignore the release of all of his tapes over the years, and as recent as the conflict between Hamas and Israel . . . and now deny that your logic ever said (or implied) that he...
Actually, I would lay the blame on the Iraqi Security forces and their continued inability to keep peace, even in the most important shrine in Baghdad. Are they not responsible for keeping the peace in their own Country?
Yesterday.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=161428&perpage=6&pagenumber=7
Your short-term memory is absolutely shot.
What drugs have you been doing?
The credit markets were clearly NOT fine in 2008.
In your book, I guess having Bush appointee's Bernanke and Paulson bailing out GM, AIG, MER, and everyone else (except for LEH) made things "fine".
You are clearly delusional.
What kind of drugs are you on???
Now more than ever, I am...