Goldman Gaming AIG Today
- Thread starter MrDODGE
- Start date
Apparently financials are up because of this:
http://www.bloomberg.com/apps/news?pid=20601103&sid=aFNf069LD54g
or rather comments they made on their call this am saying that mortgages losses on mortgages written in 2009 and 2008 were lower than expected.
http://www.bloomberg.com/apps/news?pid=20601103&sid=aFNf069LD54g
or rather comments they made on their call this am saying that mortgages losses on mortgages written in 2009 and 2008 were lower than expected.
I think there was a lot of short covering going on as people didn't know why the financials were ramping. Now that the impetus is being reported they will probably sell off as the news wasn't that significant.
AIG is a good short right now at 22.35 with a stop above the days high. Should probably end the day around $20 or less.
AIG is a good short right now at 22.35 with a stop above the days high. Should probably end the day around $20 or less.
Financials are up because boomer politicians are protecting the assets of the boomer electorate.
The right thing to do was to let these banks fail and let the few solvent institutions take their place. Let price drop down to normal levels.
At that point the survivors would be the younger generations who did no harm, and the adequately capitalized. Instead we are saving these leprous people and institutions who screwed themselves and others, at the expense of the moral.
these pols and boomers were afraid everything was going to go to hell...yes for the moochers and thieves it would be a permanent hell, for the outsiders it would have been temporary, followed by a normal economic experience.
the villians are holding us all hostage, gaming the system to get the price they want - one that supports themselves and screws the solvent and those without assets.
The right thing to do was to let these banks fail and let the few solvent institutions take their place. Let price drop down to normal levels.
At that point the survivors would be the younger generations who did no harm, and the adequately capitalized. Instead we are saving these leprous people and institutions who screwed themselves and others, at the expense of the moral.
these pols and boomers were afraid everything was going to go to hell...yes for the moochers and thieves it would be a permanent hell, for the outsiders it would have been temporary, followed by a normal economic experience.
the villians are holding us all hostage, gaming the system to get the price they want - one that supports themselves and screws the solvent and those without assets.
Short Goldman. For the fun of it.
You say this a lot, you have said it twice today âdo you even tradeâ whatâs your problem Landis, you parade around this website correcting and insulting people on 90% of the threads you post in.
I come here for entertainment and to goof off. Why do you feel the need to say the same thing over and over to everyone âdo you even tradeâ. So what if they do or donât trade.
I can only guess how you will reply.
