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Politics : Am i weird or are the rest crazy? -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (1976)1/10/2008 3:17:57 PM
From: LTK007  Respond to of 3244
 
We know CG:) Max



To: Crimson Ghost who wrote (1976)1/10/2008 3:40:17 PM
From: LTK007  Read Replies (1) | Respond to of 3244
 
A Talking Head in a lather on Bloomberg TV: He says The Market LOVES this BAC buying out of CFC rumor.
He is saying this is the BOTTOM, market is all up now as this shows there is a buying point where deals start happening. He, Lemourex, is ranting this is the end of the mortgage crisis as has BAC has saved the day(for the world i gather from his excitement).
I ask do we see this in TED Spread, yes , i have to say we do, TED SPREAD now is down to 1.2, it was at 2.5 at the peak in December.
Guy is screaming buy buy buy financials. Note he represents Blackstone Fund!!! Meaning he is speaking for a firm that SPECIALIZES is buying debt, seems like he represents a VULTURE FUND.Max



To: Crimson Ghost who wrote (1976)1/10/2008 4:02:57 PM
From: LTK007  Read Replies (1) | Respond to of 3244
 
Teddy Weissburg, tough floor trader says BAC news is ONLY an excuse for this rally. Where the market is really going he just shrugged his shoulders and said "Who knows?" and suggesting there is still a confusion all around.
Of BAC rumored deal "i hear traders saying 'Sounds like throwing good money into bad money'".Max