bosun.j

Citigroup vs. Treasury

Nationalization: The new "N" word!

Citigroup vs. Treasury

Felix,

Keep pounding away! Remember: "All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident."

Americans have a particularly difficult time with truth - most especially when that truth runs counter to the propaganda they have saturated with from birth.

Chok dee.

Mr. Market Has Spoken

Next growth industry is guillotine manufacturing! Get in on the ground floor! This one's gonna make Red Hat look like Citi!

Slow Down Mr. Roubini

Perhaps DH is a better pseudonym?


On Feb 23 10:22 AM HC wrote:

> Who cannot predict there's going to be a market crash in a period
> of 10 years, idiot! The question is whether he can predict precisely
> when, the month or date.
> Now, I'm going to predict that the market will rally stronger up
> by at least 30%,....and I will keep doing this every week and month
> for a decade. One fine day, you are going to call me a guru although
> I'm unknown now. But the problem is I cannot predict which day or
> week it will happen, I just know it will happen within the next 10
> years.
> So cut the craps and stop lying for those who claimed they can predict
> the future ! Just shut up.

Slow Down Mr. Roubini

Exactly!


On Feb 23 09:54 AM kelm wrote:

> Nouriel Roubini and a good number of others predicted the current
> crisis. If their analysis say that the crisis will go on longer fine.
> If the media chooses to interview him constantly that is their business.
> You may choose to listen or not listen. He will be the first to say
> that he will not be right about everything. he has stated publicly
> that he is in cash.
>
> What is intolerable is an attitude that wants to shut down uncomfortable
> information. This is a characteristic that Wall Street and their
> media circus perfected during the bull - demonizing and ridiculing
> anyone who was not wildly bullish.
>
> If you have a counter case make it.
>
> If you have data to bring to the table bring it.
>
> If interviews with those who believe this crisis has a lot farther
> to run bother you - turn them off.
>
> But do not, in the United States of America, try to stifle opinion.

Slow Down Mr. Roubini

What do mean? Capitalism DEMANDS profit at ANY COST! Sentimental notions have no place in business. In a global marketplace archaic ideas like patriotism are socialism! Its all about making money!


On Feb 23 07:30 AM apppro wrote:


>
> The Shorting of America needs to come to an end now.

Slow Down Mr. Roubini

Pot. Kettle. Black!


On Feb 23 06:49 AM User 362386 wrote:

> Roubini is a pimple on the butt of progress. He's the guy at the
> craps table betting the 'don't pass' line then cheering as everyone
> else loses their money. If you are going to wrong bet you can't
> get smug about it or people will start to hate you.

Slow Down Mr. Roubini

Indeed! Mr. Roubini shut the hell up! Just stop telling the truth and all the sheeple will start believing our Wall St. BULLSHIT again! How the HELL are we going to make a killing, er, living....

Why Friday Was Such a Critical Day for Bank Stocks

NO! It rebounded in the last hour because of the PPT.


On Feb 22 04:21 PM Omer wrote:

> The market was selling on Fear on Friday of nationalization. The
> white house explicitly stated they were not interested in nationalizing
> the banks. That's why the market rebounded in the last hour or so
> of trading. BAC hit lows of 2.50 and rebounded up to $4 after hours.

What Now?

GET OUT WHILE YOU STILL CAN!!

Why Friday Was Such a Critical Day for Bank Stocks

Optimistic soul at heart? Nah, thats the other tall fat guy in the corner..

Actually I should have bracketed that post with quotes as those are the words of the author I attributed with the link to the article.

I have no positions. There are old sailors and bold sailors. There are no old bold sailors.




On Feb 22 10:31 AM paultaut wrote:

> Bosun: Since I know you are an optimistic soul at heart and very
> diligent as your handle implies, I take it you have a reason for
> your pessimism. They are both "dead" per your view. But you aren't
> shorting them either.
>
> I make this assertion because you did not disclose a short position,
> BAC will be BACk to $7 by the end of next week and the overall market
> will rally.
>
> You are afraid to be wrong. IMHO
>

Why Friday Was Such a Critical Day for Bank Stocks

Citigroup (C) declined 61% from a peak of $4.10 to an intraday low of $1.61 over just 10 trading days. Bluntly put: Citigroup is dead.

Bank of America (BAC) declined 64% from a peak of $7.05 to an intraday low of $2.53 over just 10 trading days. Bluntly put: Bank of America is dead.

Dead actually means dead. It is unlikely they can survive the weekend... and if they do, they most definitely cannot survive the week.

benbittrolff.blogspot....

GET OUT WHILE YOU STILL CAN!!

Recent Policy Decisions and a Greater Depression

Bingo!


On Feb 21 04:49 AM User 270430 wrote:

> but really, in the choice between barbarism or civilization,
> there is nothing "sacred" about capitalism.

Recent Policy Decisions and a Greater Depression

Someone imagines himself to be a rat f*<k cop today! Yep, ol' W was right they do hate us for our freedoms........


On Feb 20 11:01 AM shootpar2001 wrote:

> Wrong again!!!!!!!
> If you do not have a clue about economics and/or capitalism....

>
> GET OFF THIS BLOG!!!!!!
>
>
>
>
> On Feb 20 08:04 AM Tim Miles wrote:

Recent Policy Decisions and a Greater Depression

Its always "you're an idiot for bringing in politics" with these guys except of course when those politics happen to be working for them.