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  1. L

    Wells Fargo projects record first quarter profits

    So, with the SPX and NAZ closing at a new high for this 5-week move . . . what specifically are the technicals that you are basing your having shorted the close on? Please explain. And feel free to be specific.
  2. L

    Wells Fargo projects record first quarter profits

    Yeah, sometimes writing can be tough when you are "hoping and praying". Time for another Beer? :D
  3. L

    Military and police Catching on to whats going on holding rally in DC on 19th of apri

    Only 6 posts today? What's wrong . . . did you have to study for a mid-term? Maybe you can catch-up tonight. I hear Baron's throwing in a Breakfast Mac if you double your average daily post count! :D
  4. L

    Banks aren't reselling many foreclosed homes

    Only YOU are doomed my friend. Only YOU. :D
  5. L

    Just 53% Say Capitalism Better Than Socialism

    And that's why he never graduated from high school His teacher was a socialist and he failed. So he spends his entire day posting all sorts of racism and hate on ET. Great life, eh?
  6. L

    Wells Fargo projects record first quarter profits

    Don't kid yourself. There is NO reason in his methodology. He's merely "hoping and praying". :D
  7. L

    Long natural gas, and the time is now!==UNG

    Nat-Gas land drillers like PTEN are so freaking far ahead of themselves, it isn't even funny! Their rig count is down to 96 working rigs as of March 31st. And the rate of change is dramatically increasing.
  8. L

    Wells Fargo projects record first quarter profits

    Let's face it, funds are under-invested in this market and are looking for "excuses" to climb back into this market. WFC's earnings come out on April 22nd. We'll get the details then. But right now, the S&P is extremely well bid, even going into a 3-day weekend. In other words, the...
  9. L

    Wells Fargo projects record first quarter profits

    The suspension of Mark to Market is not the same as what was PROPOSED a month or two ago. The threshold for Level-3 assets being suspended from MtoM is quite high. It's not as simple as you have portrayed. There are securities and there are loans. MtoM does not apply to both. You need...
  10. L

    Coal & Drillers

    Commodity stocks and the likes of JOYG surging again! :cool:
  11. L

    Ewj: elliott wave

    SPY's getting squeezed again. Lots of shorts around to squeeze. New highs in the SPY. Commodity names like Coal, Steel, Copper, and Nat-Gas continue to get bid up. Nat-Gas continues to make new contract lows, but APA +$3.50 and the drillers strong again. This market is extremely well...
  12. L

    Ewj: elliott wave

    2PM "sell-off" in progress before the 3-day weekend . . . Been well "bid" all day long, now someone just pulled the plug a bit. Intra-day Double-Top in the SPY? 85.14 was close, but no cigar! :)
  13. L

    Long natural gas, and the time is now!==UNG

    Correct. Bottom pickers BEWARE!
  14. L

    the train is leaving the station.for republicans.

    Excellent point Vehn. The GOP has contributed nothing. Absolutely nothing . . . and the train has already left the station with the markets showing a lot more confidence. So what do Republicans run on from here on out, cutting spending? Don't make me laugh. :D
  15. L

    Ewj: elliott wave

    Market pushing back up again, but our beloved EWT board is "dead" again. :(
  16. L

    Why can't americans admit they messed up the economy?

    RACISM is alive and well on ET and in my opinion is condoned by management given their lack of response and silence on the matter. The racist posts full of hatred by Mag Light are a prime example of this. Last time I checked, he was still allowed to be a member. Baron must be very proud...
  17. L

    Ewj: elliott wave

    5-waves down off the 10AM high into the 11:30AM period. This thing feels SICK. Bears are licking their chops. :D Wells Fargo already down $2.50 off the highs. WFC is calling ALL the shots today!
  18. L

    Barack: "I don't know how you say it in Austrian"

    Really now? That's the methodology used by Warren Buffett. How's he been doing these days? :D
  19. L

    All 19 Banks Pass Stress Tests

    The stress-test is a NON-EVENT because of its political underpinnings . . . The Treasury knows very little about "stress-tests". It's a SHAM. All political. Just trying to put pressure on Ken Lewis and Pandit. Even an official ( Sheila Behr ) at the FDIC says that the "test" is a JOKE...
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