A "bounce"?!? My friend, all the "bounces" between 1930 and 1939 were known as "sucker rallies".
Jason
Not much of a Najarian fan, but
UPDATE: Stocks Could Skyrocket After March 12th
Investors such as Jon Najarian are hopeful that stocks could soar next week. They say we could see an explosion to the upside after a meeting scheduled for March 12th.
On that date, a House financial services subcommittee plans a hearing on mark-to-market accounting rules, which have been blamed for forcing banks to report billions of dollars in write-downs.
Karen Finerman has long been an advocate of putting these rules on hiatus for a while and “letting the banks breathe.”
http://www.cnbc.com/id/29549920
Could this give us a short bounce?
CB
“Most men and women will grow up to love their servitude and will never dream of revolution.” - Huxley’s Brave New World
A "bounce"?!? My friend, all the "bounces" between 1930 and 1939 were known as "sucker rallies".
Jason
Jason the Fed
Thanks but I'm looking for a short as in a day or 2. Suckers Rally? I've never heard that, can I use that?
CB
“Most men and women will grow up to love their servitude and will never dream of revolution.” - Huxley’s Brave New World
IMO, yes. I just hope that I'm in the market when this happens, and I hope to be out the next day.
This would be the ultimate buy the rumor sell the news scenario. The MBS/ABS/CDO market is dead. Private capital has left the building. This housing bubble was create by a bunch of liars. Home buyers lied, mortgage brokers lied, banks lied, rating agencies lied, Wall St. lied, Congress lied, etc......
Enron X 1000
This talk of suspending mark-to-market is just BS. They actually want us to believe that they have been using mark-to-market all along.
Transparency my ass.
Last edited by 350zCommTech; 03-08-2009 at 04:29 PM.
Fall of the Republic.http://www.youtube.com/watch?v=VebOTc-7shU
continue to play the shorts until your 'shorts' fall off!!!
"Treat your wife with honor, respect, and understanding as you live together so that you can pray effectively as husband and wife." 1 Peter 3:7
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
||
Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
Bookmarks