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  • Prime Mortgages Are Also Going Sour [View article]


    gabe borens.....Do not know what you have been drinking but I sure would like some!!! LOL! 4.5% 4th qtr. growth in GDP...That is one wager I would take in a skinny minute!!!
    Aug 21 08:59 am |Rating: +7 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    One earlier poster wrote:

    You don't quite get it do you? The banks are fabricating their numbers! The abandonment of mark-to-market allows these guys to use any of five different ways to value assets. Basically they start at the bottom line and work their way backwards. You'd have to be a fool to believe anything they say.

    Wonder what the numbers would reveal if all the toxic debt and CDO's were allowed to be factored in? Treat financials as a short term trade only!!! Take your profits and hit the exits!
    Apr 20 09:16 am |Rating: +5 0 |Link to Comment
  • Young Jeezy's 'The Recession': I Think We’ve Bottomed Out [View article]
    In '08 the market hit lows in mid March, and after a bear market rally, tanked again on July 15. May see another decline by October. May or may not surpass the July lows.

    BAC in the upper teens again; it is possible. Wish I knew...
    Aug 10 09:23 am |Rating: 0 0 |Link to Comment
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