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I strongly feel there will be no rally next week. I'm betting the house on FAZ and I will pick up HGSI after the crash on the cheap.
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I realize that, it was meant to be more of a bump.Originally Posted by reigndrop
You literally reiterated what DKY just said. Thanks for the great analysis though.Originally Posted by nicefro
Tomorrow will probably be a down day with a serious rally coming next week. Will load up on FAZ before end of after-hours.
Originally Posted by Dey Know Yayo
just got off the phone with a guy on wall street... private equity firms only have to write their books once a year, they havent since the last cycle in feb 08, even before bear stearns. theyve been posting profits and spending recklessly since then... masssssive writedowns coming in the next few weeks in private equity firms, wont affect the market too much but should really do damage to new york city... stocks like blackrock are toast.
Why not?Originally Posted by reigndrop
Originally Posted by Dey Know Yayo
just got off the phone with a guy on wall street... private equity firms only have to write their books once a year, they havent since the last cycle in feb 08, even before bear stearns. theyve been posting profits and spending recklessly since then... masssssive writedowns coming in the next few weeks in private equity firms, wont affect the market too much but should really do damage to new york city... stocks like blackrock are toast.
DKY, don't take my word for it but I'm not sure if you should be posting this...
there's no private info in there..Originally Posted by reigndrop
Originally Posted by Dey Know Yayo
just got off the phone with a guy on wall street... private equity firms only have to write their books once a year, they havent since the last cycle in feb 08, even before bear stearns. theyve been posting profits and spending recklessly since then... masssssive writedowns coming in the next few weeks in private equity firms, wont affect the market too much but should really do damage to new york city... stocks like blackrock are toast.
DKY, don't take my word for it but I'm not sure if you should be posting this...