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Non-Tech : Banks--- Betting on the recovery -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (646)	8/25/2009 3:49:43 PM
From: tejek	Respond to of 1428

dup

To: Road Walker who wrote (646)	8/26/2009 11:41:53 AM
From: tejek	Respond to of 1428

Yesterday, I had the humiliating experience of buying back my BAC shares for $.90 more per share than I sold them. If i was humiliated that easy I would be miserable. Maybe humiliating is too strong a word but someone in my position can't afford to make a mistake. And its looking more and more like a mistake.

To: Road Walker who wrote (646)	8/28/2009 11:20:31 AM
From: tejek	Respond to of 1428

A chart of the Shanghai market.....its sitting right on its trend line:

To: Road Walker who wrote (646)	8/31/2009 1:39:11 AM
From: tejek	Respond to of 1428

Danger Will Robinson...danger! The Shanghai composite decisively broke through its 12 month uptrend in its AM session today. If it doesn't recover in its afternoon session, things may be very dicey in the US markets this week.

To: Road Walker who wrote (646)	9/2/2009 12:47:29 PM
From: tejek	Read Replies (1) \| Respond to of 1428

Seabreeze's Kass betting S&P falls 10 pct by yr end Tue Sep 1, 2009 11:38am EDT NEW YORK, Sept 1 (Reuters) - Hedge fund manager Doug Kass said he is betting on a 10 percent decline in U.S. equities during the second half of the year, on the belief that economic performance and corporate profits will disappoint well into next year. "I am shorting this market because we are facing a period of disappointing economic and corporate growth," Kass, founder and president of Seabreeze Partners Management, told Reuters. "My guess would be that the Standard & Poor's 500 Index will be about 920 or so by year end." The S&P .SPX is currently trading at 1004. In a short sale, investors borrow shares and sell them, betting that the stock price will fall. The goal is to buy the shares back at a lower price, allowing the investor to return the shares to the broker while taking a profit on the spread between the original sale price and the cost of buying the shares back. reuters.com