 | From: Tripps  (Rep: 95) reply to theMagician | Date: 2012-05-06 21:55:54 | | Forum: Wall Street Pit - Thread #673398413 | Msg #2267251 - Part 2/3 (Rec: 0) | market was going down all last week and closed on the lows. now you get a bear trap OPEN on many GOOD value stocks IMO and market reverses
sorry, but who cares about france. if anything an anti austerity leader will PRINT money more than before
as far as greece..who cares..no one has thought for many months if would actually be saved in the end
this was all about buying time...zerohedge and others can turn to permabears but facts remain all the main US and european banks have had 3-4 years to HEDGE against default there
Pick Your Spots with Me or Mock- Your Choice
 Reply to theMagician - Msg #2267225 - 05/06/2012 13:29
Looks like upsets in Greece and French elections, reason for mkt selloff friday, pro bailout parties gettin hammered
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 | From: trendtn (Rep: 46) reply to Tripps | Date: 2012-05-06 22:17:06 | | Forum: Wall Street Pit - Thread #673398413 | Msg #2267252 - Part 3/3 (Rec: 0) | Re: market was going down all last week and closed on the lows. now you get a bea...
the banks thought there were hedged in 2008 ..thru aig
the truth is no one knows what happens to these new credit def swaps if it hits the fan
Reply to Tripps - Msg #2267251 - 05/06/2012 21:55
market was going down all last week and closed on the lows. now you get a bear trap OPEN on many GOOD value stocks IMO and market reverses sorry, but who cares about france. if anything an anti austerity leader will PRINT money more than before as far as greece..who cares..no one has thought for many months if would actually be saved in the end this was all about buying time...zerohedge and others can turn to permabears but facts remain all the main US and european banks have had... Full Message |
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