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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: jim_p who wrote (9096)4/9/2008 3:11:03 PM
From: chainik  Read Replies (2) | Respond to of 50766
 
<I think I may have heard one of the bulls mumbling something about a double bottom???>

Jim, I appreciate your posts, but IMO they contain no information which is relevant for short-term trading :)

Lazy decline on low volume, semis are green, EPCs are already around 0.9, various sentiment surveys are at the panic levels.

We might be headed lower near-term, but this is time to accumulate. And yes, double bottom will survive easily (g)



To: jim_p who wrote (9096)4/9/2008 8:10:30 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 50766
 
>>They claim to have the financial resources and the wisdom to guide us all through these difficult times....only they are breaking all the records on losses and are teetering on insolvency???

Pretty brazen if you ask me.<<

Remember Jim it's all a confidence game. You'll never hear a discouraging word from them (or any other broker or bankster) until the day they die (literally or figuratively).

Exhibit A: BSC's CEO describing how adequate their capitalization was on live national TV...3 days before they threatened to cause a 'global derivatives meltdown'......

As the great economic philosopher Nigel Tufnell (of Spinal Tap) once said "It's a fine line between clever and stupid" (or solvent and insolvent, you get the drift.....<G>)