Fed DID the "right thing to support Investors/business/consumers & homeowners.....
Will this effort by fed will be marginalized by rating agencies......????
I am betting NO WAY.......
Fed strategy & support will matter in the end......???
And the END is WHEN ????
I am glad you asked......
It COULD be as early as this friday ???
Why so quickly ????
Because thursday may be controlled by rating agencies @ open.......
BUT ..BUT..but...
By thursday closing time........
Guess what ???
Shorts will be covering by close ???
Why ????
Because on friday....Good Jobs report will knock those shorts "out of the game"
IF...this scenario "pans out".......
Then "shorts have close link to info FLOW"......
What else is new on wall street...all strategy is based on "inside information FLOW".....
In my portfolio :
AAPL & CSIQ ended green......
AKNS,AGU,LDK,MA,PCZ & UEX.TO were RED......
Before open.......
MA is reporting ...expecting a beat & in-line guidance......I hope !!!
PCZ is reporting...expecting a beat & better than consensus guidance....I hope !!!
In other stocks :
AMZN margins under pressure so is down $8++
MELI continued its downtrend......down $5+++
DRYS continued it RUNUP UP $5+++
AH GOOG will report "better than expected ER"......
This market tape..... requires PATIENCE & CONVICTION........
Due diligence is an absolute MUST...know FA/TA plus TAPE analysis.......
BLOG does NOT give buy or sell.
Saleem
14 comments:
today it amazon's turn, after aapl, grmn, vmw, intc and now now AMZN, wallstreet is surely run by crooks
Hi Troy,
This market does NOT look kindly on any negatives or in-line results.
We MAY get different reaction from MA,PCZ & GOOG ???
Already seen positive reaction with VLO.....
Saleem
Hi All,
Who else now? More banks crying wolf? Now correct me if I'm wrong but when a bank forecloses, it takes back the property. Then holds or resells it. If they keep it what have they lost? All these banks saying they've lost 10's of billions, does not make sense. They are writing down real assets. I've never seen a bank sell for less than what they had into the property. Never at a loss. Anyone?
Standards
Hi Standards,
Banks are playing all sorts of game with "numbers".....
Now they are playing a different game......selling off their portfolio for quick gain/$....
Securitization of their business...packaging in a way...no one knows what is IN it.
NV,CA & FL sub-prime caused lot of issues for them NOW....
Value of houses are 25% below mortgage amount.....
Saleem
Saleem, I have been studying the history of banking, usery history and the current global banking system and it is built on a house of cards. The big boys know this and prey on our fear, as they transfer money to themselves during self made corrections. We know that money is based on debt. Then we compound the situation with interest charges. This makes the need for new money to constantly be printed and the circle of trillions just has to get bigger and bigger until... It is amazing to read quote after quote, by some of the worlds wealthiest International Bankers, saying that if "the people" knew how sick the entire monetary system was, they would not take on debt and would probably revolt. I am not trying to be negative but reality is reality. I truly believe that the Fed. will continue to allow the dollar to weaken, so that they can push the agenda of introducing the "Amero, the currency that WILL replace the Canadian, U.S. and Mexican currencies. We are going to get it shoved down our throats, wether we like it or not. The collapse of the dollar and the FALSE threat of Terrorism, will be the catalysts that they use to achieve their goals, all based on false fear emotions. In my not so humble opinion. LOL. Best wishes anyway. (It felt good to get that off my chest).
http://www.youtube.com/watch?v=6hiPrsc9g98
Hurray on MA!!! Don't know what the stock will do after the initial surge, but congrats on holding the faith. May it go over 200 today.
B
Hi Beatrice,
MA is already bid $200.....
Guidance @ 9AM will be good also.
Conviction is important.
Saleem
SALEEM
LOOKS like MA knocked the cover off the ball. Congradualtions
Madmax
Hi Madmax,
Thanks for your note.
Are you still in MA ??
Saleem
SALEEM:
Have a great trading day and my fondish wishs to the family, my friend:
I just got out of MA and bought GS. Dunno if that was a mistake --but in this market a profit of $750 for the sale ofa stock is a good thnng and my first profit of the new year. GS has a target of $234 and is above the 200 day average andits tape seemed so strong
I now have NYX, GS, AAPL, AGU, AKNS CSIQ LDK
Not a big account, but It keeps me busy, to make it grow!!! Less that 100 thousand...
thank you for asking
Madmax
Hi Madmax,
$750 gain is very good in this market.
GS is a very good stock also.
Good luck with your well diversified portfolio.
Saleem
Hi All,
I think the unemployment numbers were leaked yesterday afternoon. So shorts got in position early before the "offical" release.
Congrats on MA!
Standards
Hi Standards,
Markets are very "interesting these days"
Jobs report before open friday should be OK....
Saleem
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