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Yep. I thought that thing was a gonner, but it keeps going up!
STEM is takong off.....
President Obama on Monday will overturn a policy limiting federal funds for embryonic stem cell research, officials say.
In LCC @1.91 eom
F may make some big swings tomorrow.
http://biz.yahoo.com/ap/090304/na_us_ford_tender_offer.html?.v=3
Yep. It doesn't even move enough for a decent intraday trade right now.
Out at 1.31. eom
Got a little C at 1.21 eom
Citibank getting slammed! eom
Yep. I'm out in AH @2.51
Nope. I was away, and missed it. It will spike again. It always does. Still holding GM too.
Thankfully I don't have very much of it. I am kinda waiting to see if the govt. is more recptive to their latest request for bailout funds, or ifthey will get a runaround again.
Triple down LCC @2.88 eom
All of 'em are scary any more! LOL!
Double down DXO @1.77 eom
Got a little GM @2.13 eom
Me too.
FOREX WARNING-Someone Buying $100's Of BILLIONS Of US Dollars
FLASH TICKER from MARKET WATCH!
There is a forced-liquidation event underway that is massive, it is against all asset classes and it is spreading.
It originated at approximately 7:15 CT this evening and originated out of Asia somewhere. All of the primary currency crosses got hit at once - Euro, Pound, Yen - all weakened dramatically against the dollar and it is still going on. The Asian stock markets got walloped at the same time in coordinated waves of forced selling.
At the same time the US futures markets got nailed as well, down some six handles on the /ES in a near-vertical drop. While this sounds "not that big" to move these markets in a coordinated fashion like this is a trillion-dollar enterprise - this is not some small company that went bankrupt, or even a large company.
There is no news coverage at the present time identifying the source of this but it is not small and contrary to some reports it is not "automatic selling"; this is forced liquidation.
Folks, if this translates into Eastern Europe where there are severe instabilities already brewing literally everything in the financial world could come apart "all at once."
The worse news is that if this happens Bernanke will have killed us (in the US) by extending those swap lines all over the planet during the last six months. These will become utterly uncollectable and they are massive, in the many hundreds of billions of dollars.
To those who are reading this, I hope if you're in the markets you are prepared for extreme levels of violence. You must expect that the authorities will try to arrest the destruction if they are able, but you must also be prepared for the possibility that we have reached a "critical mass" point beyond which "duck and cover" is the only winning strategy.
Add @4.45 eom
Bas Idea.
In LCC @4.68 eom
In DXO @2.51 eom
I did, but I couldn't get the board to come up all day. Flipped a little DXO.
Where's the bottom on BAC? Anyone?
Nice trades Split!
Nice trade Split!
Back in DXO @2.57 eom
Out DXO @2.80 eom
Try DXO @2.38 eom
That is neat! I always liked those '58 Chevys. Most collectors are after the 55, 56, & 57 models, but I think the '57 and '58's have much more style, and the 55-56's are kind of drab.
I noticed that STEM has made a very nice move over the last few days.
Hi Bonsi! I sure do! I haven't seen you for a LONG time! Welcome back! The way the markets have been lately, the board has been very slow. Any input would be appreciated.
Someday I will, but there aren't any oil and gas wells being drilled in Florida these days!
It was -19 here this morning and we have 9" of snow. I'm ready for spring!
It's been a long week and split is running in slow motion. LOL!
In F @2.08 eom
In HUN @3.02 eom
It's a very sad state of affairs. I never thought it would come to this either.
Hmm. interesting. If I buy both I can't lose any money! LOL!
Back in DXO @3.09 eom
I noticed there were no quotes for it today on my streamer and was hoping everyone got out ok.