Friday, August 03, 2007
Blow Off Bottom?
Well, S&P got the bear party going, with its ridiculously late assessment of BSC's credit. At first, it looked like the market would have its meatloaf eaten for it. However, after further review and readjustment of my time machine, I feel there is a 50/50 chance we end up higher today.
For the Naz, look for tells in YHOO, NVDA, AMZN, NIHD, PCAR and CSCO.
For the DOW, watch AXP, GM, JPM and BA.
Should those fuckers go green or rebound, this market will punch the lips off the sellers.
For the Naz, look for tells in YHOO, NVDA, AMZN, NIHD, PCAR and CSCO.
For the DOW, watch AXP, GM, JPM and BA.
Should those fuckers go green or rebound, this market will punch the lips off the sellers.
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Tom Brown Ass Hat alumni. He is getting killed in sub prime.
http://money.cnn.com/2007/08/03/news/companies/second_curve.reut/index.htm?source=yahoo_quote
http://money.cnn.com/2007/08/03/news/companies/second_curve.reut/index.htm?source=yahoo_quote
Should have put everything into PCP.....fucker goes up everyday....
OEH, NTRI, RS, and BWLD all laggards big time....
OEH, NTRI, RS, and BWLD all laggards big time....
Goldman had large equity positions in New Century and Novastar too. Guess that was to ensure they got first dibs on all that wonderful subprime mortgage paper they bundled up and dumped.
not sure how the market rallies with the brokerage group giving it up ... they are the ultimate tell in this tape ... also, oil service taking it up the butt sans K-Y.
Commodities stocks sell off .. housing gone, financials in the toilet .. me thinks we have a recession on the horizon, sooner than later. The only question is will it be global or not.
Commodities stocks sell off .. housing gone, financials in the toilet .. me thinks we have a recession on the horizon, sooner than later. The only question is will it be global or not.
The ultimate tell - SWC - just cracked nine .. we're fucked ! ... global depression .. we are all you palladium fuckers??
But without palladium, how will we make...
er, how will we make....
ummm... how will we make...
Palladium Ingots??!!
Damnit?
er, how will we make....
ummm... how will we make...
Palladium Ingots??!!
Damnit?
Get your palladium ingots .. while they last ... going fast! Holy Shiite Rahdodeb! Micronesia just decided to back their currency with Palladium! Thats a game changer
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