i meant the ceo of bsc stating everything was fine was different than the sec chairman saying everything was fine with bsc a day before they blew up.
i heard that any "recurring payments" are automatically transfered to the new credit card number.
the ceo stating everything was a lie don't get me wrong but for Chris Cox to come out and say everything was fine with a bank he is supposed to be...
In the past week, the FED added ANOTHER $200 billion to the system... letting flagging financial companies literally trade crap for treasuries....
no one saw this coming !!! when news hit the wire that jp morgan and the NY fed would help BSC with liquidity,that was a sign something bad was...
if there is liquidity crisis news on bear today,the market will fall apart at the seams. remember 2000-2002,we had the biggest one day moves in...
this CPI number proves one thing and one thing only: demand for goods is falling off a cliff. no way you have record commodity prices and all of...
agree,bsc has a liquidity crisis. i cannot believe the reversal i just saw in BSC.
a report issued today by a london newspaper stated that the feds move the other day was due to a potential U.S bank blow up.which they now believe...
gold just hitt 1,000 dollars and the futures took more of a dive.
its quite simple;the fed is placating to the financial markets and ignoring the much larger/important picture.this will not end pretty.
just ranting but an interesting tidbit for some of the newer traders. the nasdaq's strongest days were during the 2000-2002 bear market. these...
saying its a slippery slope is an understatement. what he is doing is wrong; placating to the financial markets. as a trader i am neutral on what...
everytime the market made a new low ,bernanke has come in and saved the day. this was followed by very strong rallies which eventually evaporated...
i agree,shorts are buried today.although,those that shorted the strength near the open with the financials did very well. i doubt they held past 1:00.
losing is basically a way of keeping traders in line and letting them know who is in charge. always respect the market and never take it for granted.
so many investors think we will get a one day wash out and boom;the markets will revert to bull mode. that would be true if the market forecasted...
the problem now is that people are trying like hell to make minimum payments in order to keep their cards going; not to buy things but to actually...
not overhyped when we lost 65k jobs. these numbers move markets on extreme numbers. this was an extreme number.
we lost 65k jobs but yet the unemployment rate dropped or came in lower? how is that?
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