Search results

Funny, isn't this the same guy that proclaimed subprime wasn't a big deal and there won't be any issues arising from it? LMAO July 20 (Bloomberg) -- Federal Reserve Bank of St. Louis President William Poole said investors who lost money buying subprime mortgage-linked securities got what they...

LMAO!!!! :D

I am short a lot of ES over the weekend and even I don't hope we're down big. We're seen so much down volume without any significant up volume the chance of gapping up and being squeezed to the upside is way way bigger than a follow through collapse to the downside IMO.

http://biz.yahoo.com/cc/4/84324.html

HAHAH Q: "Will you guys buy back stock as it approaches book value?" A: "We think the stock is undervalued and doesn't reflect the true value of the company... [pause] ...but we're opting to preserve capital and trying to weather the storm." Read: We won't buy back because we think it will...

My God what a conference call. You have to listen to this, these guys don't instill confidence, they use the right words to scare the sh** out of you. You can listen to the call here (Just enter fake information in the form so you don't get spammed, then click submit)...

Calling for an immediate cut is ridiculous. If the Fed would indeed cut within the next three months they would have undermined 110% of the tiny bit of credibility they have. A Fed with no credibility is worse than a couple dozen builders, lenders and hedge funds blowing up. I see a high...

It's amazing to hear Cramer say on TV how many Fortune 500 executives are calling him to discuss the state of the credit market. Who on earth would talk to this nutcase in the first place? Once CNBC axes his show I am sure that will eventually save a lot of retail investors a lot of money.

If you're scared of any type of investment and think the dollar might lose value, you could hide in FXE (EURO currency shares). For good measure, you could add e.g. 5% FXY (Japanese Yen) and 5% FXF (Swiss Franc) as these currencies tend to be strong during times of global financial panic.

That was an awesome video. That moderator chick must have felt like "Oh my God, please somebody get me outta here". So embarrassing to see this monkey go nuts.

This is exactly why preservation of capital > making $$$ every day. Look at ES. Goes down a point per minute. Oh wait 2 points her minute.

BSC conference call http://www.thestreet.com/_yahoo/newsanalysis/wallstreet/10372208.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

Saw this on Trader Tom posted on Thursday (http://www.tradertom.com/analysis.htm): "The SP500 rally last night was apparently due to an error. A US house made a mistake and bought 5400 futures when they should have bought just 54 futures. This turned all long var players, who were going to...

Welcome back. Glad to have you with us again :)

-44% pre-market. Looks like the FDA knocked it back?!

I guess losses make better stories than boring stories about how many hedge funds outperformed the SP500 over the last 10 years with lower volatility.

Sorry I had to post this one :D :D :D TOKYO, Aug 2 (Reuters) - A top executive of Bear Stearns Cos., which has been hit by the collapse of two of its hedge funds and forced to halt redemptions at a third, shrugged off concerns about a global credit crunch on Thursday and said the recent...

"may force as many as half of all hedge funds to close in the next five years." Funny how 1998 couldn't do that but 2007 will :confused:

BEAKER, I am not knocking you. Rumors and emotions run price, especially when markets are nervous. Obviously there were Caxton rumors with people calling their offices day and night, otherwise they wouldn't have wrote that emergency letter to clients.

Caxton Down But Not Out August 1, 2007 Caxton Associates said its flagship hedge fund fell 3% in July, but was still up more than 3% year-to-date. The New York-based hedge fund group, in a letter to investors, said the $11 billion Caxton Global Investments, is up 3.21% in 2007, net of...