Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (27702)	1/24/2003 9:59:36 AM
From: tradermike_1999	1 Recommendation Read Replies (1) of 74559

Listen to this call. A “financial advisor” calls into a New York Jewish talk show and gets lambasted for saying buy buy buy. Hilarious call. First call of the show. israelnationalnews.com This is the most dangerous time I’ve seen in 5 years for the stock market and they are headed for another crash this year. Yet all of the talking heads say buy. Look at today’s headlines from one day of Wall Street lunacy: BroadCom CEO resigns. During the conference call, in which Broadcom also reported fourth-quarter earnings, Mr. Nicholas said the December quarter marked the point where he can say with confidence that Broadcom "successfully navigated the worst downturn and emerged in good financial health." Broadcom "just delivered the strongest quarter it had in recent years," said the executive. For the quarter ended Dec. 31, the chip maker reported a net loss of $1.76 billion, or $6.40 a share, compared with a loss of $329.6 million, or $1.27 in the year-earlier period. CEO resigns to spend time with his family. ETrade Says Chief Cotsakos Has Resigned Fri 7:47am ET - Reuters Online bank and brokerage company ETrade Group Inc. said on Friday Chairman and Chief Executive Christos Cotsakos has resigned. UPDATE - Broadcom posts loss, CEO steps down - Reuters KLA-Tencor sees March quarter orders about flat - Reuters KLA-Tencor Posts Second Quarter Earnings of $29 Million on Revenues of $335 Million - Business Wire 'IT'S WAR WITHIN WEEKS' SENATE BLOCKS PENTAGON PLAN TO SPY ON E-MAIL, DATABASES... US turns on 'old Europe' as rift over invasion deepens... Hubbard To Leave White House WP Greetings, Fund Investors, You're in the Army Now Bloomberg Russia Forex Move May Show Wider Central Bank Dollar Doubts DJ World Economic Forum Opens With Dire Global Markets Forecast VOA News Davos economists predict falling dollar FT Poor outlook for world blamed on U.S. - Chicago ST Pension Accounting a Sham - CFO.com Consumer Confidence Nose-Dives ABC Ominous Signs For Consumer Spending Comstock It is becoming clear that the (consumer) debt load is starting to hurt. Double Dip Redux Morgan Stanley (Roach) Davos on a 'clean-up crusade' - BBC

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