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To: Keith J who wrote (84974)5/21/2007 2:01:43 PM
From: onginvester  Respond to of 206323
 
"Should AMZN really be selling at 54x 2008 earnings estimates?"

just think if energy got 25-50% of that kind of multiple.



To: Keith J who wrote (84974)5/21/2007 3:15:00 PM
From: profile_14  Respond to of 206323
 
No one thinks we can see a ten year yield at 5.2%, or 5.8%, up 100 bps from here. That happens just when no one thinks it can happen, just as it did in 1994. Talk about a giant sucking sound to this liquidity out there... No one talks about the falling dollar vis-a-vis everything but China. The rubber band will snap at some point.



To: Keith J who wrote (84974)5/21/2007 3:35:51 PM
From: ChanceIs  Read Replies (1) | Respond to of 206323
 
Wham Bam Thank You Mam...>>>Should AMZN really be selling at 54x 2008 earnings estimates?<<<

Shorted that puppy and closed for $1K in just over one hour. What took so long.

Thank you Good Sir. That sort of OT information is always welcome....but I don't write the rules on content here.

I recall about four months ago, mention was made of a $1K pizza for sale in lower Manhattan. AMZN at its current levels. Are the door men and taxi drivers day trading again??? Crude way up. Ten year dropping. I smell top, top, top. Will the patch be pulled own with it???

FWIW, the patch did OK all during the tech melt down. It was the only thing moving in the '70s.



To: Keith J who wrote (84974)6/12/2007 11:20:00 AM
From: profile_14  Read Replies (1) | Respond to of 206323
 
Keith, we're at 5.21% today and our exchange was three weeks ago at 4.80% -- unforeseeable then, right? Watch all hell break loose if we approach and reach 5.5% on the ten year. No one is worried. It could get ugly.

EDIT: as a hedge I bought TLT JULY 83 calls TLTGE today for a buck.