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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (83286)11/16/2011 4:28:29 PM
From: 2MAR$  Respond to of 217852
 
3;37 (Dow Jones) US stocks at session low in afternoon nosedive following
Fitch Ratings headline that the US banking industry's broad credit outlook
"could worsen" if the euro-zone crisis isn't resolved. Comes just as US
investors were starting to hope that better domestic economic data could offset
persistent euro-zone worries. "As is now the new usual, markets are responding
to every single headline [about Europe], writes Miller Tabak strategist Peter
Boockvar.

A wave of red ink washed over the final trading hour, triggered by a downbeat Fitch report on U.S. bank exposure to Europe.
UniCredit's request for more access to ECB borrowing spotlighted Italy's funding concerns, Bank of England said Europe’s economy is worsening, and crude oil's pop above $102 sparked new recession fears. NYSE decliners led advancers three to one. DJIA down 155 at 11941. (brendan.conway@dowjones.com)
Call us at (212) 416-2181 or email john.shipman@dowjones.com

lol...another day shorting the pops working ...and Buffet's IBM from $190 .

BAC under $5 again




To: 2MAR$ who wrote (83286)11/17/2011 1:41:09 AM
From: elmatador1 Recommendation  Respond to of 217852
 
Scenario benign to the US:
Demand for USD increases as Euro collapses.
FED can continue printing USD.
USD as the sole world currency.



To: 2MAR$ who wrote (83286)11/17/2011 1:44:40 AM
From: elmatador  Respond to of 217852
 
TJesque scenario for the US:
Euro collapses
US banks collapses too.
US mayhem since Americans had not had real financial crisis before and don't know how to handle one.
New Bretton Woods with China playing post WWII United States.
Oil exporting countries band towards the China side.
China dictates the terms of a new economic world order.
Demands deep structural reforms in the US and Europe