coolhand's Account Talk

Perhaps not, but I'm not looking long term. I don't see the Euro getting better any time soon though and that's going to limit the upside potential on the I fund.

EFA weekly chart is right on the bottom support trendline going all the way back to the March '09 reversal... if it fails, you're definitely right. But, if it finds support I-fund is ripe... UUP/UDN right near a pivot point as well. Smart to wait for confirmation, but I only had one buy so I made the move with a smidge of I-fund today.
 
EFA weekly chart is right on the bottom support trendline going all the way back to the March '09 reversal... if it fails, you're definitely right. But, if it finds support I-fund is ripe... UUP/UDN right near a pivot point as well. Smart to wait for confirmation, but I only had one buy so I made the move with a smidge of I-fund today.


Naww, right now is a great time to roll some dice on I-fund. It has been cycling above and below C-fund for about a month, and now it is at the bottom of that cycle, under C-funds last 4 wk return by about 2%; I doubt it will diverge any more than it is, and probably will outperform C-fund in the next few days.
 
Naww, right now is a great time to roll some dice on I-fund. It has been cycling above and below C-fund for about a month, and now it is at the bottom of that cycle, under C-funds last 4 wk return by about 2%; I doubt it will diverge any more than it is, and probably will outperform C-fund in the next few days.

Oscar shows the $ with a bull flag. I-Fund????

Lobo :)
 
http://preview.bloomberg.com/news/2...me-gets-boost-from-goldman-simon-johnson.html

Much of the discussion around the Securities and Exchange Commission case against Goldman Sachs Group Inc. has focused on the legal issues. To the extent there has been analysis of the political dimensions, the focus has been mostly on how this may affect the fate of Senator Christopher Dodd’s financial overhaul bill.

These issues are interesting, but we shouldn’t lose track of the broader economic and political context for this case.

The SEC lawsuit and associated discussion make clear three points:
 
http://online.wsj.com/article/SB100...23282391104.html?mod=WSJ_hpp_MIDDLETopStories

A Goldman Sachs Group Inc. director tipped off a hedge-fund billionaire about a $5 billion investment in Goldman by Warren Buffett's Berkshire Hathaway Inc. before a public announcement of the deal at the height of the 2008 financial crisis, a person close to the situation says.

The revelation marks a significant turn in the government's case against Raj Rajaratnam, the hedge-fund titan at the center of the largest insider-trading case in a generation. Mr. Buffett's investment in Goldman in September 2008 was a watershed moment in the financial crisis. One of the world's savviest investors, Mr. Buffett helped allay fears about the instability of the financial system by backing America's leading investment bank.
 
http://online.wsj.com/article/SB100...880626.html?mod=WSJEUROPE_hpp_LEFTTopWhatNews

BERLIN—Goldman Sachs Group Inc. brought investment banking to Germany 20 years ago. Now, many here say it is giving the business a bad name.

Goldman's approach to winning business is coming under fire from German officials, companies and banks. The firm's latest headache: A dispute with the city of Berlin, which has accused Goldman of trying to intimidate it with legal threats in order to make more profit from a housing sale. Goldman denies the accusation.
 
http://www.cnbc.com/id/36713589

What looked like a calm day on the surface was actually “one of the wildest days we’ve had in ages,” Cramer said Thursday. The Dow’s mere nine-point gain and the incremental increase on the S&P 500 masked an intraday 112-point swing. This lent alert investors the chance to capture some tremendous moves before the closing bell.

If you missed that chance, though, Cramer said not to worry. He fully expects another bear-driven sell-off soon enough, whether it’s because President Obama bashed Wall Street again or Europe’s debt problems still weigh on the markets. You just need a shopping list prepared so you can take advantage of the dip. To get you started, Cramer found the five biggest themes driving stocks right now.
 
http://www.forbes.com/2010/04/22/fi...s-william-m-isaac.html?boxes=Homepagelighttop

President Barack Obama went to Wall Street to "close the deal" on the regulatory reform bill pending in Congress. He did about as well as possible pitching an almost incomprehensible 1,300-page legislative package that addresses some of the symptoms of the financial crisis but almost none of its causes. The bill pending in the Senate would not have prevented the recent financial crisis, and it will not prevent the next one.
 
http://blogs.wsj.com/chinarealtime/2010/04/23/two-more-signs-china’s-economy-is-overheating/

The Chinese central bank’s latest analysis of the economy (original Chinese-language PDF here) has two interesting pieces of data that could help shift the debate about just how hot the Chinese economy is running. So far, the government seems to be taking the view that China’s main problem is that property prices are too high, not that the total economy is overheating. Most of its policy measures in recent weeks have focused narrowly on reining in property speculation, while conspicuously avoiding broader measures – like interest rate hikes – that would affect everyone. Many outside observers, including the World Bank, think China still needs tighter overall monetary policy if it is to avoid inflation and overheating.
 
Thanx coolhand that was a good read. Our friend Stickan did say we were going to have a Dell Shannon runaway market. Has he done any posting recently. He always does good work.
 
Thanx coolhand that was a good read. Our friend Stickan did say we were going to have a Dell Shannon runaway market. Has he done any posting recently. He always does good work.

Stickan is from Norway. He has his own blog, which I've pagemarked, but he posts in his native tongue so I don't have a clue what he's talking about when he's blogging. Every once in a while he'll make an appearance on Trader's Talk, but I don't think he's posted in some time. I'll check it out though. I may have missed one or two posts.
 
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