Posted by pepperwu on 18th of Sep 2008 at 07:49 pm
worldwide regulators are out to kill the aggressive shorts - I
can tell you as someone who works in financial services,
regulators, liquidators, etc have realised this week that ONE
bankruptcy of an investment bank is MORE THAN ENOUGH. Guess
how many default notices have been sent?
Louis Navellier, a famous fundamental fan, says to expect
100 more bank failures, and Citi is likely to be next. So
will we see a run on the banks next???
I did not think SKF looked right at all, not even close to
being right fundamentally or technically, and this explains why,
the truth is finally revealed. This is what I meant earlier
this week by your potentially making a profitable trade in SKF and
then your account not settling in 3 days, and then you have to
fight it out with your broker. And now here we are.
SKF did not meet the smell test, it smells like
Enron.......
I made more money in it in the past 12 months than any other
stock or etf, but have not been able to bring myself to trade it in
the past month, despite the anticipated carnage, and the high
profit potential. The math did not jive and then my gut
kept me out in the end. If you are not out of it yet, take
the strong warning! SKF has fangs, claws, one dorsal shark
fin, and looks like a Vanpire.
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worldwide regulators are out to
Anybody else besides me think this Fed RTC plan is ...
Posted by pepperwu on 18th of Sep 2008 at 07:49 pm
worldwide regulators are out to kill the aggressive shorts - I can tell you as someone who works in financial services, regulators, liquidators, etc have realised this week that ONE bankruptcy of an investment bank is MORE THAN ENOUGH. Guess how many default notices have been sent?
bank failures
Posted by andreac on 18th of Sep 2008 at 08:07 pm
Louis Navellier, a famous fundamental fan, says to expect 100 more bank failures, and Citi is likely to be next. So will we see a run on the banks next???
I did not think SKF looked right at all, not even close to being right fundamentally or technically, and this explains why, the truth is finally revealed. This is what I meant earlier this week by your potentially making a profitable trade in SKF and then your account not settling in 3 days, and then you have to fight it out with your broker. And now here we are. SKF did not meet the smell test, it smells like Enron.......
I made more money in it in the past 12 months than any other stock or etf, but have not been able to bring myself to trade it in the past month, despite the anticipated carnage, and the high profit potential. The math did not jive and then my gut kept me out in the end. If you are not out of it yet, take the strong warning! SKF has fangs, claws, one dorsal shark fin, and looks like a Vanpire.