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Post by crumbdon on Mar 1, 2012 15:46:37 GMT -5
Oh, here's Ben with his hockey stick- just in time for the close. Wow, what a shocker..(searching for yawn smiley)
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Post by dino on Mar 1, 2012 15:47:26 GMT -5
poor mvis. now trading at .38 pre-split. at this pace, they'll have to do another reverse split in april. NOT KIDDING! 4.67 to 3.04 in 8 trading days. I now think of MVIS as the Edsel of the Electron Age. damn, i can't "like" your post jack. the like button doesn't work. in a rage of clicks, i think i reported you to a mod! lolol.. sorry if i did!
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Post by dino on Mar 1, 2012 15:51:39 GMT -5
Oh, here's Ben with his hockey stick- just in time for the close. Wow, what a shocker..(searching for yawn smiley) i can just see him running out onto the trading floor... "c'mon people! it was just a PIPELINE EXPLOSION! no big deal! please resume buying. here, i'll start. will $1 trillion do?"
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Post by crumbdon on Mar 1, 2012 15:52:40 GMT -5
They're gonna make sure it gets saved at any cost. Silly bulls, if they'd let it go for a couple of weeks, it would be so much stronger in a couple of months.
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Post by huh? on Mar 1, 2012 16:03:13 GMT -5
They're gonna make sure it gets saved at any cost. Silly bulls, if they'd let it go for a couple of weeks, it would be so much stronger in a couple of months. "OK, so you're saying you dropped BAC from from $15 last year down to $5 (down 67%), and now you quickly ran it up to $8 (still down 47%); CNBC talking heads are on board, Bove's on board, Buffet's on board, and you even brought in Trump and he's now on board, and you want me to buy it now.
Hmmm, let me think about that for a minute........... bwahahahaha!"
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Post by jack on Mar 1, 2012 16:05:11 GMT -5
They're gonna make sure it gets saved at any cost. Silly bulls, if they'd let it go for a couple of weeks, it would be so much stronger in a couple of months. Chad - They don't want it stronger in a couple months. They want to over extend it so much that when the flush comes it will last and be painful ALL the way to Nov 22. Obama should have played his cards differently with Wall Street if he wanted a second term.
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Post by dino on Mar 1, 2012 16:08:39 GMT -5
They're gonna make sure it gets saved at any cost. Silly bulls, if they'd let it go for a couple of weeks, it would be so much stronger in a couple of months. Chad - They don't want it stronger in a couple months. They want to over extend it so much that when the flush comes it will last and be painful ALL the way to Nov 22. Obama should have played his cards differently with Wall Street if he wanted a second term. so you think we're going to fall into the elections as opposed to ramping up?
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Post by walnut on Mar 1, 2012 16:12:37 GMT -5
Even the Bernank feels cynical about our fiscal condition, if not about the dollar in the near term, then surely in the long term. Wha? Isn't he the guy we all blame for this $USD destruction? Sure it makes whatever we produce here cheaper overseas and boosts the export market, but at the rate its going I'll never be able to return visit to England and afford some fish and chips and a few pints of bitter! I mean Ben's comments yesterday. He said that if congress fails to manage entitlements and expiring tax cuts properly, we will have a wave of destruction by the end of 2013. Ben is cool with his own policies, he thinks that congress is inept.
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Post by jack on Mar 1, 2012 16:16:01 GMT -5
Wha? Isn't he the guy we all blame for this $USD destruction? Sure it makes whatever we produce here cheaper overseas and boosts the export market, but at the rate its going I'll never be able to return visit to England and afford some fish and chips and a few pints of bitter! I mean Ben's comments yesterday. He said that if congress fails to manage entitlements and expiring tax cuts properly, we will have a wave of destruction by the end of 2013. Ben is cool with his own policies, he thinks that congress is inept. Congress now has a 90% disapproval rating by the American people. I agree w/ the Bernank on that score! lol
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Post by walnut on Mar 1, 2012 16:17:43 GMT -5
I like the Bernank to the extent that he is right. I just don't know how right he is. I mean, what if he has this right... screwing China by devaluing our way out of debt, while raising our asset markets, and fostering along the recovery, all without much inflation. Think about it, if he is right this will be a real coup. I realize that this is heresy to say on Fastopia!
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Post by jack on Mar 1, 2012 16:22:30 GMT -5
Chad - They don't want it stronger in a couple months. They want to over extend it so much that when the flush comes it will last and be painful ALL the way to Nov 22. Obama should have played his cards differently with Wall Street if he wanted a second term. so you think we're going to fall into the elections as opposed to ramping up? The Admin will do EVERYTHING it can to ramp it up - ain't no doubt about that. And ALL those opposed to this Administration will do everything it can to do the opposite. ...like Clint says "JM2C" (Pure speculation and conjecture on my part)
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Post by jack on Mar 1, 2012 16:24:20 GMT -5
I like the Bernank to the extent that he is right. I just don't know how right he is. I mean, what if he has this right... screwing China by devaluing our way out of debt, while raising our asset markets, and fostering along the recovery, all without much inflation. Think about it, if he is right this will be a real coup. I realize that this is heresy to say on Fastopia! We're "only" $1T in debt w/ China - that's one helluva price to pay when there is $13T more elsewhere.
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Post by walnut on Mar 1, 2012 16:27:36 GMT -5
Look at it this way... the destruction we are blaming him for was caused by US, the people pyramiding debt and second mortgages to an untenable level. The house of cards finally collapsed. Now Ben is forcing castor oil down our throat. The dollar was damaged. The castor oil is Ben's cure. But it was the evil banksters and the overleveraged speculators who did the damage.
Not saying I completely subscribe to this attitude, but it is worth considering.
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Post by huh? on Mar 1, 2012 16:27:53 GMT -5
so you think we're going to fall into the elections as opposed to ramping up? The Admin will do EVERYTHING it can to ramp it up - ain't no doubt about that. And ALL those opposed to this Administration will do everything it can to do the opposite. ...like Clint says "JM2C" (Pure speculation and conjecture on my part) To ramp up what though, the market or the economy? Because, at times, a decision might be good for one but not the other.
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Post by jack on Mar 1, 2012 16:30:02 GMT -5
137.72 also an important previous level now resistance. Here we see a picture of the french resistance NOT to be confused with the above: Closed RIGHT at that frickin mark (alright so its off by 1/100th so what)!!!!Now THAT's what I call spooky.
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Post by jack on Mar 1, 2012 16:34:26 GMT -5
The Admin will do EVERYTHING it can to ramp it up - ain't no doubt about that. And ALL those opposed to this Administration will do everything it can to do the opposite. ...like Clint says "JM2C" (Pure speculation and conjecture on my part) To ramp up what though, the market or the economy? Because, at times, a decision might be good for one but not the other. ...and one is said to be 6-9mos out of phase with the other too, right? All this sh_t is too far above my last pay grade. "Miller time!"
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Post by elle on Mar 1, 2012 19:27:03 GMT -5
wahts this? $$ flos return? 3 neg - does it mean go down, I just report
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Post by elle on Mar 1, 2012 19:30:01 GMT -5
Look at it this way... the destruction we are blaming him for was caused by US, the people pyramiding debt and second mortgages to an untenable level. The house of cards finally collapsed. Now Ben is forcing castor oil down our throat. The dollar was damaged. The castor oil is Ben's cure. But it was the evil banksters and the overleveraged speculators who did the damage. Not saying I completely subscribe to this attitude, but it is worth considering. and THE CONGRESS.....and THE CONGRESS nobody ever mentions why the banks did not do this earlier. so I need an answer - why did the banks and speculators NOT do this since mortgages began, why start in the 90's, and accelerate after 2005 why? why? why?
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Post by Clinton SPX on Mar 1, 2012 19:34:37 GMT -5
poor mvis. now trading at .38 pre-split. at this pace, they'll have to do another reverse split in april. NOT KIDDING! 4.67 to 3.04 in 8 trading days. there wont be another reverse split MVIS MVISQ
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Post by jack on Mar 1, 2012 19:35:17 GMT -5
Because Gordon Gekko only got his broker's license in the 90s?
Well...you just needed an answer you didn't say it needed to be the right answer did you?
....but Chris Dodd & Barney Franks might know...
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Post by elle on Mar 1, 2012 19:50:55 GMT -5
darn straight, thank the Lord they have given us a law to regulate "those" banks
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Post by elle on Mar 1, 2012 19:51:21 GMT -5
talk about your monumental CYA moves
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Post by keeter on Mar 1, 2012 21:58:45 GMT -5
The Admin will do EVERYTHING it can to ramp it up - ain't no doubt about that. And ALL those opposed to this Administration will do everything it can to do the opposite. ...like Clint says "JM2C" (Pure speculation and conjecture on my part) To ramp up what though, the market or the economy? Because, at times, a decision might be good for one but not the other. Boy ain't that the truth!!!!!
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Post by novice08 on Mar 1, 2012 22:55:08 GMT -5
darn straight, thank the Lord they have given us a law to regulate "those" banks Going to hear a bond trader speak about Dodd/Frank on Thurs. morning, can't wait to hear his take. All I know is I worked with Sarbanes/Oxley and it didn't do a darn thing to prevent the banks from doing their evil deeds. Management was Supposed to be held Personally Liable.
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