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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: The Reaper who wrote (26729)6/23/2011 4:44:29 PM
From: patron_anejo_por_favor2 Recommendations  Read Replies (1) | Respond to of 119360
 
If Squiddy actually executed it's public trading recos in real time they'd have been BK long ago.....



To: The Reaper who wrote (26729)6/23/2011 4:52:30 PM
From: tejek  Read Replies (3) | Respond to of 119360
 
Have you noticed all the mergers and buybacks that have been announced during the past 30-60 days? So many are happening because these companies recognize stock prices are too low. And these mergers and buybacks did not happen when the markets hit a 10 year low in 2008. These mergers and buybacks speak volumes.........to all but the deaf ears on this thread.

Some from just in AH today:

Campbell Soup approves $1 billion share buyback

Southern Union shares jump 17% after Williams's buyout offer



To: The Reaper who wrote (26729)6/23/2011 5:16:09 PM
From: tejek  Read Replies (1) | Respond to of 119360
 
Do you even understand how unemployment works during a recovery?

Administration claims there's been a recovery since '09.


Not since the bottom of the employment recession. Recoveries start well before employment picks up. Why don't you know that? Its standard for all recoveries.

Less Americans employed now than then. We are well past the stage where unemployment claims should continue to go up if there was any recovery in progress.

Nonsense. Claims have bumped up in the last few weeks because of Japan and supply shortages. As production starts back up in Japan, claims will resume going down.

I can appreciate optimism when it's well placed. This unemployment situation is dire and all they can think about is trying to shock the oil markets down before the July 4th holiday. SPR is to be used for national emergencies not gaming the markets for political capital.

If its being done for political gain, that's not the major reason. The oil market has been at the mercy of a few hedge fund traders for years who are using low margins to tie up oil and keep it from getting to the market, By doing so, they have forced oil prices higher. It was the same problem in 2007-2008. The traders use fears of peak oil and global supply disruption to keep the price of crude going up.

Finally a few weeks back, the CME raised margin requirements for oil traders like they did with silver but not by nearly as much. You saw how SLV corrected......well oil corrected too but only by a much smaller percentage.......from $114 to around $100....but then stalled out.

Then we had GS and MS claim that oil prices were going much higher later in the year. GS and MS were in league with the traders. In addition CME refused to raise margins even higher.

Well finally, the Saudis, Obama and the IEA took matters into their own hands. The world can not be held hostage to a few hedge fund traders and desperate investment bankers like GS and MS whose primary business has dried up.

I'm so cynical now that, with Goldman's call for lower oil prices today (after their call for higher prices last month), that I believe that this SPR release was done to actually facilitate Goldman's entry into oil since we know they always publicly recommend the opposite of what they are doing as principals. How else are you going to get 90 straight days of no losses in a quarter? POO over 100 within a month.

No. GS [and MS] have mud on their faces from their call earlier in the month. People laughed in their faces. GS has lost all credibility. Today's call was to make themselves look better. It had little to do with politics or trading. I suspect oil is going down further to around $80 where it has support. Good for the economy and good for the world.

Here's an article which discusses in part what I am posting here:

quotes.ino.com

And Reaper, I don't promote optimism when the facts don't support it. People on this thread are in desperate need of anti depressants. They are way to negative about everything. The facts taken as a whole don't support such negativity.