ES Journal Archive (2009 - 2010)

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Quote from Lawrence Chan:

They raid whatever moves.

No fundamental. No valuation. Just pure money play.

And when bonus cut is on the line, people do act aggressively you know. =)

Yeah, I second that. IMHO, this market detached from fundamentals, and even most news over 1050 spx.
 
Quote from F112358:

"I want all of you to know I am winning this thing. I'm just looking around to see who's gonna finish up second."

Si.

p.s.: Now you may delete my post again. Peasant.
 
Quote from jjj1000:

Yeah, I second that. IMHO, this market detached from fundamentals, and even most news over 1050 spx.

Fundamental on individual companies is meaningless too if you are simply a shareholder with no controlling interest.

Stock price in secondard market has nothing to do with what a company really do. =)
 
Quote from Lawrence Chan:

They raid whatever moves.

No fundamental. No valuation. Just pure money play.

And when bonus cut is on the line, people do act aggressively you know. =)

Yeah, they should defer bonuses for 5 years payable in stock, not one single penny in cash...that would be funny...
 
WASHINGTON (MarketWatch) - Nine of the largest financial institutions including Bank of America Corp., Citigroup Inc. and J.P. Morgan Chase & Co. would have to scale down by about 40%, according to legislation introduced by a group of eight Democrats on Thursday. The group is hoping the measure will be approved as part of sweeping bank reform legislation under consideration on Capitol Hill. The measure limits the size of non-deposit liabilities at financial institutions to 2% of U.S. gross domestic product, or about $300 billion. It's unclear whether congressional leaders will allow the measure to be voted upon by the full Senate or whether lawmakers would approve it.
 
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