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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (61994)	5/25/2006 1:09:07 PM
From: orkrious	Read Replies (1) \| Respond to of 110194

They must have said it's accretive Message 22485234

To: ild who wrote (61994)	5/25/2006 1:10:38 PM
From: XBrit	Respond to of 110194

The whole group is up today. Also, LEND just bought somebody, presumably that's an excuse to buy.

To: ild who wrote (61994)	5/25/2006 2:26:55 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 110194

LEND 41.3% shares are short... finance.yahoo.com

To: ild who wrote (61994)	5/25/2006 7:29:17 PM
From: orkrious	Respond to of 110194

Date: Thu May 25 2006 15:43 trotsky (bw) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved "Then it would follow that we should not be trading with the enemy. There is a famous law of this name. It was used to steal our gold as I recall." that makes it very odd that you call for its use. remember, when goods don't cross borders, armies will. Date: Thu May 25 2006 15:17 trotsky (mozel) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved "Will there be hangings when any for profit corporation fails to produce sufficient profit ?" a very good question. whenever asset prices fall after a bubble has concluded, two things tend to happen: 1. a lot of fraud that has been under the radar during the bubble is suddenly revealed ( examples abound in history ) and 2. all those taking losses, whether due to their own greed and stupidity or whether they simply get caught up in one of the many bankruptcies that occur after a bubble ends , are out for revenge and demanding that heads roll. politicians and courts alike are usually swept along in this mood, scared of the public's ire. in Enron's case, those that cared to look carefully at the company should have had plenty of advance warning. Doug Noland penned a highly critical article on Enron 1 year before the debacle took its course. he specifically pointed to the weaknesses in their accounting as well as the dubious merits of the many unusual new business ventures the company had started. at a later stage, investors were treated to a conference call which showed Enron's board members to be an arrogant bunch unwilling to supply satisfactory replies to critical questions. Wall Street utterly failed to properly assess the situation, and no doubt there have been countless innocent victims. it is hardly conceivable that Lay and Skilling have not been parties to fraud, otoh, the post bubble collapse swing in social mood also brought us such travesties as the conviction of Martha Stewart - envy won the day in that case. Date: Thu May 25 2006 12:53 trotsky (Romanov@CALVF) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved what he's really saying is : "with people like me around, CALVF's management won't have a problem foisting its annual 25 million shares of additional dilution on the investing public again". i actually hold a little CALVF, if only because i know that speculators are regularly drawn to this stock like moths to a flame and bound to push it up again. however, i harbor no illusions about the company and its sorry track record - it's the 'all promises, no execution' stock par excellence. not even DRD's or BGO's managers can hold a candle to CALVF's in this respect. i would love to be proven totally wrong as soon as possible, but i'm not going to hold my breath. Date: Thu May 25 2006 11:08 trotsky (Earl@bullish diivergence) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved as i mentioned yesterday at the close of trading, the bullish divergence actually occurred YESTERDAY already, when the gold shares re-tested their recent lows on lower volume while gold spiked down to a new low for the move. today's action is however still important, as it confirms the bullish divergence ( i.e., it's saying it wasn't just a meaningless coincidence ) . Date: Thu May 25 2006 10:15 trotsky (Earl Grey) ID#248269: Copyright © 2002 trotsky/Kitco Inc. All rights reserved per experience, once official 'support' is deemed to be needed to halt a stock market slide, the slide usually continues after a brief pause. there are many historical examples for this, starting with the 1929 crash ( a consortium of banks and investment funds tried to 'rescue' the market back then ) . i know of only ONE example where official stock market support was followed by a sustainable rally, and that is Hong Kong in 1998 - however, the decision to intervene seems in this case to coincidentally have been timed to occur just as the bear phase was ending ( the market was actually still in a secular bull market and had merely suffered a very sharp cyclical bear within it ) . a recent example of official support failing utterly and immediately is the stock market of Saudi Arabia, where Prince Wahtshisname announced he'd wade in after the first crash wave - only to get wiped out in the second.