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To: patron_anejo_por_favor who wrote (222985)	10/1/2009 1:20:12 PM
From: Smiling Bob	Respond to of 306849

Yep I added many more DFS puts They recently sent out cash checks. They've no fear with their TARP-beer muscles

To: patron_anejo_por_favor who wrote (222985)	10/1/2009 1:23:28 PM
From: ChanceIs	Read Replies (1) \| Respond to of 306849

How is that Bad Boy Burrito tasting today big guy??? I lost my taste for carne and rolled my $90 short call up to $100 to escape with a net $0.30 if it closes below $100 next Friday. Otherwise would be happy to roll out to the Nov $100s The air will come out of that balloon someday. It looks like it met resistance and failed. Shorted a small pile of COF calls spreads %37-$40. A rather wimpy play but should be risk free. I would be most happy to be short COF at $37 however. Delighted. Time to go see where Amazon and RIMM are. I haven't tasted tech blood for a while. Edit: Oooooops. Too late by a couple of days on RIMM. You snooze you lose. Double Edit: Just sold a few 'Zon $90 X $105 call spreads for $3.15. I like that one.

To: patron_anejo_por_favor who wrote (222985)	10/1/2009 1:34:50 PM
From: Smiling Bob	Respond to of 306849

US consumer loans, card delinquencies hit record-ABA Thu Oct 1, 2009 8:30am EDT * Q2 late payments rise to 3.35 pct from 3.23 pct * Credit card delinquent accounts rise to 5.01 pct * ABA says recovery will take time NEW YORK, Oct 1 (Reuters) - U.S. consumer loans delinquencies and credit card delinquencies rose to record highs in the second quarter, as more Americans lost their jobs and personal income shrank, the American Bankers Association said on Thursday. Fallout from a still deteriorating housing market caused the rate of consumer loan payments at least 30 days late to rise to 3.35 percent in the April-to-June period up from 3.23 percent in the first quarter. Delinquencies were the highest since the ABA began tracking the data in 1974. Late payments on home equity borrowings set records, rising to 4.01 percent from 3.52 percent on loans and to 1.92 percent from 1.89 percent on lines of credit. The overall delinquency rate actually understates consumer pain because it excludes bank-issued credit cards, where credit deterioration was severe. The rate of credit card delinquent accounts rose to 5.01 percent from 4.75 percent, breaking the record of 4.81 percent in the spring of 2005. "Six consecutive quarters of job losses have taken their toll," ABA Chief Economist James Chessen said in a statement. "Falling behind on debt payments is an unfortunate side effect of high unemployment and a frozen job market. The picture won't change until the labor market improves and the economy picks up steam. This is going to take time," Chessen added. The unemployment rate rose in August to 9.7 percent, its highest level in 26 years. Analysts estimate unemployment will rise above 10 percent in coming months. (Reporting by Juan Lagorio, editing by Leslie Gevirtz) © Thomson Reuters 2009. All rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters and its logo are registered trademarks or trademarks of the Thomson Reuters group of companies around the world.