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Spain downgrade to BBB- from BBB+
FXstreet.com (Barcelona) - The rating agency Standard and Poors, which tends to be lagging behind Egan Jones, has just announced it is donwgrading Spain from to 'BBB-' from 'BBB+', with the outlook negative.
From S&P: "The deepening economic recession is limiting the Spanish government's policy options. Rising unemployment and spending constraints are likely to intensify social discontent and contribute to friction between Spain's central and regional governments. Doubts over some eurozone governments' commitment to mutualizing the costs of Spain's bank recapitalization are, in our view, a destabilizing factor for the country's credit outlook."
S&P adds: "We are therefore lowering our long- and short-term sovereign credit ratings on Spain to 'BBB-/A-3' from 'BBB+/A-2'. The negative outlook on the long-term rating reflects our view of the significant risks to Spain's economic growth and budgetary performance, and the lack of a clear direction in eurozone policy."
http://www.fxstreet.com/news/forex-news/article.aspx?storyid=b2712d02-3ad0-41df-85ff-412971e5a8d2
EU finally breaking out of the ranging from last night.(nice surprise to wake up to lol). looking good..not sure where next stop will be since its friday. 1.3099?
bah thats right! get so caught up in the charts now, i forget to check the up coming news again...lol thanks for the reminder
looks like the kijun-sun is at around 1.0292, in the 4hr chart
going to look for a bounce off the kijun
and thoughts on FOMC coming up? not sure what to expect..thinking the market has priced it in already?
then I'll go short for you..market loves to go against me :) lol
nice call on AU retrace penny :)
EU h4 crossed the kumo to the upside this morning..not sure if it closed up there yet, no access to the charts atm.
thank you SG. I am having trouble finding exits. this really reminds me of golf. long game (entry) and short game (exits).
I was always too drunk to care about the short game...guess that carried over to forex/stock exits lol.
I made a noob mistake tonight.. looking at nz/usd and thought that it was bouncing off the bottom of the cloud in 4hr. of course i forgot to check if news (related news) was coming out. thank goodness i learned how important SL are.
thanks again for creating this board! and everyone for their helpful insights.
I looking at 1.017xx for short res in 4hr from around sept 4.
but i'm just demo account and learning..any thoughts?
hello simple. I was just applying what I was learning from those Ichi videos and set a buy order at 1.2560 which was just past the last daily high before the retrace. so far it looks good, but not sure where the next res would be at. I'm seeing 1.28xx? thanks. And thanks for pointing out those videos, ichi and fib system is making the most sense to me when combined.
Hello all, been lurking and learning here from everyone and really appreciate the knowledge thats shared here.
I had a question about AU. Learning from the videos SG posted (thanks!)....Ichimoku
the daily on AU just popped under the cloud and the k and t could very much cross inside the cloud.
would this be a trend changer? next support looks like 1.0206?
thanks in advance
Hello! been a very long time for me to be away. just popped my head in yesterday and it seems something has the board excited?
I'll do some reading through later of the older posts. Just wanted to ask about the divi bkmpp.... was there anything I needed to do to get them? or are we still waiting on our brokers to tell the truth? tia
ot: the perfect cheer eom
amer.td and scottrade still shows 10000 blocks like others reported.
cmon Bkmp skeet skeet skeet! em
it very well could be worthless...but UBSS and other Naked shorters having to cover....PRICELESS
UBSS eom
I can not em
Remember to sell at ASK , if you have to. em
OT: Thanks salt! its working now : ) eom
OT:something wrong with my browser? I cant see the screen for the lv2. anyone else?
Excellent post from Seabiscuit:
does this seem possible?
Gulp...let me stretch my tiny brain into this for a minute , and combine Taki's and your points together . You are both onto sumtin , IMO .
*** This is very complicated so please bear with me and indulge me if you can .
I presume that the new Preferred Shares should be in Certificate Form at the Transfer Agent for this planned strategy to have the maximum desired effect to forever end NSS of BKMP stock by the MM's .
OK ....let me go out on a limb here . The Brokerages would be required to sign out 10,000 CERTIFICATED Preferred Shares for each common share held by their clients ( ie public investors = us ) . This is predicated upon the Transfer Agent verifying that only " LOCATED " ie REAL common shares can qualify to get certificated Preferred Shares . BUT .....we know that the Brokerages have allowed mega billions of " Fail to Locate " / counterfeit / Naked Short Shares to be bought by their clients ( us ) , and they are mandated by their Registration to " BROKER " to guarantee each client lawful entitlement of ownership of every share they allowed their clients to buy , whether those shares are " LOCATED " ( REAL ) or " FAIL TO LOCATE ( Counterfeit ) . All shares must be guaranteed by the Brokerage Firm !!!!
It has always been the total responsibility of the Brokerages to ensure that shares purchased are REAL and can be authenticated by certificates held by the DTC , but they must treat EVERY share as though it were real when the client desires to sell . As long as they all collude with absolute secrecy and refusal to disclose the amounts of shares held by their clients to any investigative entity ( like the Courts / Congress / the Media ) then the crimes of NSS continue unabated because the Brokerages have never disallowed the sale of shares unless the SEC halts or restricts trading and / or cancels a Security's Registration . Then the Brokerages and MM's get away with their crimes undetected .
The Market Makers are only the front-men for this monstrous collusion to defraud public investors . That is , the MM's could not get away with allowing ANY investor to buy ANY stock if the Brokerages were not totally complicit to the MM's criminal activities . They are ALL in this together .
Okie dokie , if BKMP denotes even the lowest denominator of .0001 cent value to each Preferred Share then the commensurate value for each common share is 10,000 X .0001 cents or $1.00 .
It would be prudent for BKMP to advise ALL BKMP shareholders to ask for their Preferred Shares in Certificate Form from their respective Brokerages , which would not affect the trading ability of their BKMP common shares .
By forcing the Brokerages to allocate REAL , Certificated Preferred Shares to each client , and whereupon the Brokerages would be obviously unable to accomodate any client for each counterfeit common share then it would compel the Brokerages to buy back all of the counterfeit / naked short shares before September 15th through the Market Makers .
If any of that is plausible then indeed we could have the mother of all short squeezes and the Market Makers would be instructed by the Brokerages to ONLY buy shares and NOT re-introduce them for sale . As legitimate shareholders hold out for much higher prices per share as we get closer to the 15th of September we could all be filthy stinking rich .
The NSS scandal is so ultra convoluted that it is difficult to be succinct and still make the arguments understandable , so pardon me for the long post . I hope my written thoughts are at least clear .
The drama unfolds on tuesday , September 5th .[\i]
hey simple and all... just curious what yall think about this Pr dropped by bkmp after the close friday.
some say it could be the mother of all short squeezes or like Paim or this stock is just worthless etc...
Honestly, my head hurts lol.
Blackout Media Corp. Declares Dividend
Blackout Media Corp. (PINKSHEETS: BKMP) is pleased to announce that the Board of Directors has declared a preferred stock dividend, payable to shareholders of record of September 15th, 2006. The preferred stock dividend will consist of ten thousand (10,000) preferred shares of Blackout Media Corp. for every one (1) share of Blackout Media Corp. common shares held on September 15th, 2006. The ex-dividend date will be set by the NASDAQ.
The preferred shares when issued will be freely tradable and non-restricted.
The Company's Board of Directors characterizes this stock dividend as rewarding the shareholders of Blackout for their loyalty and dedication to the betterment of the company.
"As we more forward with The Fight Network and its related assets we wanted to thank the shareholders for their support and to give them something back," says Sandy Winick, president of Blackout.
About Blackout Media Corp.:
Blackout Media Corp. is a holding company with an interest in Blackout Communications who is a diversified media and entertainment company conducting operations in digital television, VOD, PPV, radio, the Internet and print under the brand name "The Fight Network." The activities of Blackout Media Corp. are conducted principally in Canada and the United States.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
I think this will help...unless this has changed
http://www.investorshub.com/boards/read_msg.asp?message_id=10850526
ot: fantasico el dart!!
looks like a nice set up for something big..imo
great chart, as always. have a great sunday
GSEG having some vol today e
did you get some on sftv JROD? i put some play money in...
OT: HELLO everyone. back from southeast asia and just wanted to say hi to all and hope all is well. bkmp has my permission to breakout bigger now that I'm back : )
heres something I learned from my dive instructor in asia...
B.W.R.A.F
Bangkok women really are fellows
hehe have a great evening all.
Off to thailand to backpack around for 2months. yall take care and be rich when I get back!
no seriously....be rich! : )
peeps
OT:GLT Everyone! off to thailand to backpack around for 2 months.
Cant wait to catch up on all the kickasss PRs and everyone posting "I'm rich biiatch"
Take care everyone
peeps
OT: Bravo! hehe eom
heya dart! its too bad I'll be in thailand for the next 2 months backpacking around when BKMP decides to take off....nothing to do about it but set limits and not worry bout it. Take care, yall better be rich when I get back so I can mooch off of yall hehe...
peeps
what did we close at? lvl2? tia
ot: oh man, I would be soo heated then lol
ot:does it pop up for subscribers?
:)
hiya TV:
UBSS is a market maker
GLTA is good luck to all
UT is uptick
BKMP:Building a strong base here at the 8's imo.
Rsi 14 looking to cross over 70 into the power momo zone
the macd's look very healthy imho.
Would love for it to reach SAR at .00093..in time..
-btw, morning all : )
Building a strong base here at the 8's imo.
Rsi 14 looking to cross over 70 into the power momo zone
the macd's look very healthy imho.