OFFICIAL STOCK MARKET & ECONOMY THREAD VOL. SCHOOL'S OUT

Originally Posted by CruThik3

So we got
Goldman lowering q1'10 financial eps by 15%
FED has to disclose the banks that received money from them
Repo 105 scandal exposed
Maybe the tipping point?
Commercial Real Estate, Greece, End of MBS purchases from the Fed and possible Fed tightening, etc. There are too many possible catalysts for downside.

Read this:
Bull Market Can’t Last If You Mind the Gap: Mohamed A. El-Erian

Commentary by Mohamed A. El-Erian

Feb. 3 (Bloomberg) -- In some Underground stations in London, you are repeatedly reminded to “Mind the Gap
 
DOE Documents, Consultants' Report Cite Outdated Methodology, Errors in EIA's Weekly Survey

The U.S. government faces "critical" shortcomings in producing its oil-inventory data, according to internal Department of Energy documents, casting doubt on figures that affect the production and prices of the world's most important industrial commodity.

The documents, obtained through a Freedom of Information Act request, expose several errors in the Energy Information Agency's weekly oil report, including one in September that was large enough to cause a jump in oil prices, and a litany of problems with its data collection, including the use of ancient technology and out-of-date methodology, that make it nearly impossible for staff to detect errors. A weak security system also leaves the data open to being hacked or leaked, the documents show.

Moreover, problems with EIA data underscore the hazards of depending on companies or other firms to self-report data.

full article - http://finance.yahoo.com/...ries&pos=7&asset=&ccode=
 
smh.gif
who recommended palm in here? my boy lost a bunch of cash.
 
Originally Posted by kicksfiend

Originally Posted by CruThik3

So we got
Goldman lowering q1'10 financial eps by 15%
FED has to disclose the banks that received money from them
Repo 105 scandal exposed
Maybe the tipping point?
Commercial Real Estate, Greece, End of MBS purchases from the Fed and possible Fed tightening, etc. There are too many possible catalysts for downside.

Read this:
Bull Market Can’t Last If You Mind the Gap: Mohamed A. El-Erian

Commentary by Mohamed A. El-Erian

Feb. 3 (Bloomberg) -- In some Underground stations in London, you are repeatedly reminded to “Mind the Gap
 
seriously %*!+ PALM. was up 50 on a $800 position to -$200 today. I need to flip bricks. smh.
 
Originally Posted by justbrin26

seriously %*!+ PALM. was up 50 on a $800 position to -$200 today. I need to flip bricks. smh.

Didn't do too well either. I'm sitting this one out until I see a PR on a possible buyout. Shorts are beating this one to death.
 
I've glanced over "short-selling" (Google) and I still don't know how this shht works.. I know you're betting on a stock price to go down..

But beyond that how the f do you short sell? Do you have to have a certain brokerage acct or something?

oh, and PALM.. F'n, F PALM! gheesh
 
Originally Posted by lilpro4u

I've glanced over "short-selling" (Google) and I still don't know how this shht works.. I know you're betting on a stock price to go down..

But beyond that how the f do you short sell? Do you have to have a certain brokerage acct or something?

oh, and PALM.. F'n, F PALM! gheesh
you have to enable/sign an additional contract with your broker.
 
you just need a margin account and you "sell short," as your order type.

been missing for a while, tryna figure %+@% out aside from the financial markets..
 
yall think google will dip with the China news?  Looking to get some if it hits like the $525 range...
 
bought dlm at 14.13. sold at 14.55. looking to buy on the dips again. seeing red in ng and slv. might average down or buy mcd, kft, or pep
 
nice little bump for Citi today...wondering how much longer it can rise though.
 
Also today, Bloomberg reported that the U.S. Treasury plans to sell its 27% stake in Citigroup (C), which received $45 billion in TARP funding, using a preset plan that will selling the shares on a schedule. JP Morgan (JPM), Goldman Sachs (GS), and Morgan Stanley (MS) are advising the Treasury Department on the sale to ensure a maximum return for taxpayers.


Get ready for some heavy dilution on C.
 
Originally Posted by LiLcHiCo4LiFe

Also today, Bloomberg reported that the U.S. Treasury plans to sell its 27% stake in Citigroup (C), which received $45 billion in TARP funding, using a preset plan that will selling the shares on a schedule. JP Morgan (JPM), Goldman Sachs (GS), and Morgan Stanley (MS) are advising the Treasury Department on the sale to ensure a maximum return for taxpayers.


Get ready for some heavy dilution on C.
interesting.
 
Originally Posted by Penofski

Anyone here trade Future Commodities? Specifically Crude Oil?

A lot of my friends do.  It's tough, and you don't have as much information readily available as you do for equities or fixed income.  I don't suggest dabble into them.  You're better off looking at trading minis.
 
Originally Posted by finnns2003

Originally Posted by teddy jam

ctic hit 12 cents today..damn i wuolda got in but i was on lunch
Am I missing something? CTIC is currently at 0.640...
22-Mar-100.120.800.120.47119,380,1000.47
 
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