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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (71239)4/1/2009 7:40:02 PM
From: Maurice Winn1 Recommendation  Respond to of 74559
 
As you know, I have made 100s of $millions trading SKF, so it's a great plan to do what you are doing = buy sheep, sell deer.

Mq



To: carranza2 who wrote (71239)4/2/2009 3:39:21 PM
From: Maurice Winn1 Recommendation  Respond to of 74559
 
$19 wasn't quite right, but perhaps near enough. There are certainly lots of market gyrations going on.

Mqurice



To: carranza2 who wrote (71239)4/3/2009 5:12:50 PM
From: Maurice Winn3 Recommendations  Read Replies (1) | Respond to of 74559
 
Ooops, FAZ was a bit of a fizz = $19 down to $15 ouch. SKF taking a plunge down to lows too. It seems the financial crisis must be over and it's business as usual now that the G20 bosses have saved the world by meeting each other and talking about spending $1 trillion or so.

But is it? Unemployment is bounding up as people en masse are redeployed from silly occupations such as making SUVs, serving $10 exotic coffee in exotic locales, making mansions for people with low incomes, and generally servicing luxury spending. Sales and rentals of executive jets are down as executives travel on public transport.

But there aren't a lot of jobs in the essential industries where people are spending money. And it's not as though money is just stacking up somewhere waiting to be spent because there's a huge deleveraging going on as fractional reserve deposits are unwound and banks confront debilitated balance sheets and loss of business and profits.

Mqurice



To: carranza2 who wrote (71239)4/9/2009 11:35:29 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 74559
 
You are in luck C2. Did you load up mega$bucks more today under $11? If you liked FAZ at $18, you must be drooling at $11 and gobbling like there's no tomorrow.

Just like that, it seems that the financial collapse bottom is in and it's away up the V shaped valley on the other side.

See, it just needed some financial relativity theory action along the lines of quantitative easing and some stimulating spending promises to escape the event horizon.

But I'm remaining skeptical.

Mqurice