SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Qualified Opinion who wrote (80012)4/18/2008 8:41:52 AM
From: Real Man  Respond to of 94695
 
Yup. Fed bailed out financial economy - get long AAPL and
tech, the new bubble - and prepare for Zimbabwe outcome
a few years down the road. Better yet, abandon all US assets
altogether, cause the dollar will be going to zero. -ggg-



To: Qualified Opinion who wrote (80012)4/18/2008 9:06:29 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
You prepared to pay for it? $5 per gallon this Summer. -ggg-
Seems bullish. They shifted the mortgage losses on FHA,
the government, and the Fed, and you know how they
will pay for it. <G> Yup, mountains of cash everywhere.

TORO TORO TORO!



Citi posts another loss on soured debt, but Wall Street relieved it's not worse

NEW YORK (AP) -- Citigroup Inc. lost $5.1 billion during the
first quarter and will eliminate about 9,000 more jobs, as
poor bets on mortgages and leveraged loans lopped billions of
dollars from its investment portfolio.