350zCommtech's Account Talk

[Show-me]

Bankers might argue that they have the cash flow to pay dividends - their write-downs are often paper losses, the result of marking assets to market prices that may or may not reflect their true value. Of course, slashing dividends to common stock holders - or freezing them temporarily, as some have proposed - might drive away mom and pop investors, especially those in dividend-focused mutual funds.

I won't pretend to know to much about the whole situation but for the sake of arguing.................

You mean the dividend they are cutting? I'm sure they won't cut them to zero for fear of diluting their share price.

Those paper losses have "For Sale" signs in the front yard with a bus load of Europeans in the driveway. They are selling for 40 cents on the dollar. They getting cheap prices because of the "fire sale" made from the "paper". That is if the mortgage holders can find the paper the loan is written on. LOL That guy in FL is my hero. Mortgage holder told him to get out and he ask were is the paper. "Duh! We don't know!"

 

[hessian]

They're not getting any new business. After all the back door negotiations with the banks, for the past month, they're now back to raising money by selling shares. That idiot on CNBC(Gasperino) must feel like a jackass.

So it seems its OK for anyone to toss rumors around as news -no SEC enforcement.

-somebody ought to try sending something such as below to Gasperino as early/breaking news ~15 minutes early (maybe then he'd think to check/confirm his sources ??).
US - Jobless Claims (wk3/2 , 2008) 8:30 AM, wk3/2, 2008
Concensus = 360.00K
New Claims -Level = 18,360.00K!!!!!!!!!!!!
:nuts::nuts::notrust:
(Not that Gasperino needs any more help to look foolish)

 

[350zCommTech]

their write-downs are often paper losses, the result of marking assets to market prices that may or may not reflect their true value.

ROTFLMAO!!!:laugh:

I got to hand it to you Birchtree. Only a true Permabull can come up with such bullshiit. "marking assets to market prices that may or may not relfect their true value" LOL.....:laugh::laugh:

Birchtree, you are like the Energizer bunny. Bull market, bear market, it doesn't matter. You never stop with the bullshiit.

Thanks for making me laugh.

 

[Birchtree]

Man to me bullshit smells so sweet. Especially the sweet smell of superlative bull manure.

 

[akpackfan]

So if the pattern continues.....this is bad news about the economy in general but the market will interpret it as increasing the likelihood of another rate cut therefore will cause a rally........ am I finally getting it???

 

[Show-me]

So if the pattern continues.....this is bad news about the economy in general but the market will interpret it as increasing the likelihood of another rate cut therefore will cause a rally........ am I finally getting it???

You are getting it but the problem is becoming deeper and requires more than another rate cut. The market should have the next rate cut priced in. The market figures a 100% chance of a 75 basis point cut and have hedged that bet already. Look at the dollar, it is pricing in the rate cut every day.

The market anticipates the cuts and then reacts to the actual number with a sell of or rally.

 

[350zCommTech]

Best part about today is there will not be a market saving, CNBC's Charlie Gasperino, ABK BS, this afternoon.

I'm thinking about going 100% F fund for Friday's jobs number. I think it's going to suck.

We just broke 1320 on the S&P again. I want to see 1300.

 

[350zCommTech]

BOJ announcement tonight. They will hold but I think it's already priced in.

 

[Braveheart]

Best part about today is there will not be a market saving, CNBC's Charlie Gasperino, ABK BS, this afternoon.

I'm thinking about going 100% F fund for Friday's jobs number. I think it's going to suck.

We just broke 1320 on the S&P again. I want to see 1300.

Right now 350z I'm 75 I Fund & 25 C Fund was thinking of going 75 F Fund & 25 C Fund or may just go 100% F Fund... Thoughts..... for the F Fund for tomorrow then back to G for the penny that should hit Monday/Tues

 

[Braveheart]

....

Thank you I was counting Monday but it's 8.5 days so yes it must be Wednesday or Tues at the earliest.

 

[Braveheart]

Right now 350z I'm 75 I Fund & 25 C Fund was thinking of going 75 F Fund & 25 C Fund or may just go 100% F Fund... Thoughts..... for the F Fund for tomorrow then back to G for the penny that should hit Monday/Tues

Right now the F Fund is really gaining will there be any room for profit by tomorrow - it fades at $12.16 - $12.18 and had a high of $12.23

 

[mojo]

Best part about today is there will not be a market saving, CNBC's Charlie Gasperino, ABK BS, this afternoon.

More AMBAC Bond BS being thrown around on CNBC now.

 

[mojo]

Looks like the boy cried wolf one too many times. It's not having much of an effect.

 

[350zCommTech]

Thank you I was counting Monday but it's 8.5 days so yes it must be Wednesday or Tues at the earliest.

Right now the F Fund is really gaining will there be any room for profit by tomorrow - it fades at $12.16 - $12.18 and had a high of $12.23

I have the G paying on Tuesday with a slight chance for Wednesday.

As for the F fund, the MACD for TNX suggest there's a lot of room for yields to go down. That's means a lot of room for F fund to go up, for the next week or two.

The key tomorrow is the jobs number. Less than expected = good for F fund. More than expected = bad for F fund. It's a gamble tomorrow.

 

[350zCommTech]

Looks like the boy cried wolf one too many times. It's not having much of an effect.

LOL!!! Exactly. A true journalist would be coming out and asking about the failed negotiations on the $3B injection from the banks.

 

[Braveheart]

So from what I have read it may be better than expected but then again CNBC probably leaked that rumor to. I'm going 100% F Fund.

Even if it's a good report how can it overcome all this bad news in this market. THX

 

[Braveheart]

12% thinks numbers will be on the upside, rally this afternoon on possible leak and plans S Fund for tomorrow for continued upward movement.

Shhhiiittt and 12% also make good predictions so that would mean the F Fund would lose value today which would be good in buying in tomorrow but I just can't see a Friday where anyone is going to have their money exposed for 3 days over the weekend for more bad news in spite of a good report. JMO

 

[350zCommTech]

12% thinks numbers will be on the upside, rally this afternoon on possible leak and plans S Fund for tomorrow for continued upward movement.

Expectations are between 25-30K. That is a little high IMO. I'm expecting 5K.

100% F fund for tomorrow. It's a gamble.

Good luck.

 

[Braveheart]

Expectations are between 25-30K. That is a little high IMO. I'm expecting 5K.

100% F fund for tomorrow. It's a gamble.

Good luck.

Good luck didn't you go 50% to the F Fund today that was a good move. I should have gone 25 F today and 75% I but stayed in 25% C Fund & 75% I Fund.

 

[350zCommTech]

Good luck didn't you go 50% to the F Fund today that was a good move.

Thanks.