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RSI Raistlin

RSI Raistlin
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  • Should Cyprus impose a levy of 20% on more on bank deposits, Russia could hit EU businesses could be hit with reprisals, as Russian citizens hold an estimated €30B on the island. "There are a number of large German companies operating in Russia," says former Kremlin adviser Alexander Nekrassov. "You could possibly look at freezing assets or taxing assets." However, Nekrassov doesn't think Russia will cut off gas supplies, as it did with Ukraine in 2009. [View news story]
    these banks are going to be run on like a knuckleball pitcher in the stretch come tuesday.
    Mar 24, 2013. 10:14 AM | 1 Like Like |Link to Comment
  • Cypriot finance minister Michael Sarris says "significant progress" has been made Saturday in discussions with the Troika. Officials appear to be leaning towards a deal which will tax deposits over €100K by 25%. Sarris says a proposal may be ready as early as Saturday evening but some in parliament say a vote may not occur until after Cypriot President Nicos Anastasiades meets with EU officials in Brussels Sunday. [View news story]
    I misread it I apologize I didn't realize the first 100k was exempt
    Mar 24, 2013. 08:20 AM | 1 Like Like |Link to Comment
  • Should Cyprus impose a levy of 20% on more on bank deposits, Russia could hit EU businesses could be hit with reprisals, as Russian citizens hold an estimated €30B on the island. "There are a number of large German companies operating in Russia," says former Kremlin adviser Alexander Nekrassov. "You could possibly look at freezing assets or taxing assets." However, Nekrassov doesn't think Russia will cut off gas supplies, as it did with Ukraine in 2009. [View news story]
    Perhaps if Russia cuts of NatGas that could be the motivation America requires to really kick in the exporting NatGas buisness......do it Russia do it
    Mar 24, 2013. 08:13 AM | Likes Like |Link to Comment
  • Cypriot finance minister Michael Sarris says "significant progress" has been made Saturday in discussions with the Troika. Officials appear to be leaning towards a deal which will tax deposits over €100K by 25%. Sarris says a proposal may be ready as early as Saturday evening but some in parliament say a vote may not occur until after Cypriot President Nicos Anastasiades meets with EU officials in Brussels Sunday. [View news story]
    25%.....That's a decapitation. I can imagine the guy with 100,337 euros in his account saying DOH!
    Mar 23, 2013. 11:36 AM | 1 Like Like |Link to Comment
  • Lennar: One More Reason To Own Housing Stocks [View article]
    XHB is a poor ETF for homebuilders it also includes everything from retail stores for home goods to utilities......stay away
    Mar 21, 2013. 08:40 AM | Likes Like |Link to Comment
  • Cliffs Natural Resources: Support Reached [View article]
    good in theory sir but if you believe we are due for a pullback why wouldn't you keep that powder dry for CLF at 17?
    Mar 19, 2013. 10:30 PM | Likes Like |Link to Comment
  • Harvest Natural Resources: Does Share Price Drop Present An Opportunity? [View article]
    Exactly right Harvest cannot fund any of their future moves without a secondary. At this point they will have to start the entire selling Vz assets over again, which will take months and because of their position they may have to sell at a much lower price than before. I was long until the day of the Vz deal implosion and was lucky to get out even (albeit made a little cash selling options for awhile) now I consider myself much luckier. After the secondary there may be value again
    Mar 19, 2013. 05:17 PM | 1 Like Like |Link to Comment
  • The bailout rejected, what's next for Cyprus? Open Europe suggests the EU will allow a few days for Cypriot MPs to get their minds right before the ECB thinks about cutting off funding for the country's banks (which would lead to their collapse). Or not. Reuters' Anatole Kaletsky notes the ECB needs two-thirds of its board to cut off ELA funding, and the Germans don't have the votes. "Time to get bullish ... German U-turn ahead!" [View news story]
    welcome to throwing money down cold dark black holes ECB.....collateral? Ha! Never heard of it!
    Mar 19, 2013. 04:06 PM | Likes Like |Link to Comment
  • Cliffs Natural Resources: Support Reached [View article]
    It doesn't matter there will be no bottom until there's a true market reversal, how can you possibly buy in at this level when earnings estimates have come down to break even, market remains toppy with no current conviction either way and a beta almost 2.5?

    Show me a 5% market correction and I'll show you a 19.22 stock worth starting to build a position 21.85- 2.63 (( (.2185 * 5 * 2.41)))
    Mar 18, 2013. 02:30 PM | 1 Like Like |Link to Comment
  • Cyprus's parliament is due to convene this afternoon to debate an astonishing eurozone demand that it tax all bank deposits at up to 10% in return for a €10B bailout. While approval is not guaranteed, Cypriots rushed to take as much money as allowed out of ATMs. And although EU Commissioner Olli Rehn ruled out a deposit raid in other eurozone countries, menacingly for savers, eurogroup chief Jeroen Dijsselbloem would not. "We are in a new world," says an economist. Update: The parliamentary debate has been postponed until tomorrow. [View news story]
    welcome retired
    Mar 17, 2013. 11:41 PM | 1 Like Like |Link to Comment
  • The Meaning Of Cyprus [View article]
    Abe
    I think what Jimmy is trying to say is that perhaps many peoples savings ARE being stolen. Yourself and I are most likely the savers in our society so if and when the debt collections come due in our nation and suddenly our accounts are 10% lighter would you consider yourself stolen from? I certainly would because the vast majority in which receives said govt benefits have no savings to be stolen from in the first place so yes I consider it theft of peoples savings. We would be less likely the ones receiving govt aid or voting for a candidate who advocates more govt spending
    Regards
    Mar 17, 2013. 07:41 PM | 1 Like Like |Link to Comment
  • Cyprus's parliament is due to convene this afternoon to debate an astonishing eurozone demand that it tax all bank deposits at up to 10% in return for a €10B bailout. While approval is not guaranteed, Cypriots rushed to take as much money as allowed out of ATMs. And although EU Commissioner Olli Rehn ruled out a deposit raid in other eurozone countries, menacingly for savers, eurogroup chief Jeroen Dijsselbloem would not. "We are in a new world," says an economist. Update: The parliamentary debate has been postponed until tomorrow. [View news story]
    DOH!!! Why didn't I leave those puts in place.......damn head fake volume spike.......
    Mar 17, 2013. 06:38 PM | Likes Like |Link to Comment
  • If history is a guide, the markets may be due for a pullback, according to S&P Capital's Sam Stovall. Since World War II, Stovall says the median advance once the S&P hits its previous high after recovering from a bear market has been just 3%. But despite the ominous warning, there still may be some places to ride it all out. JPMorgan's chief U.S. equities strategist Tom Lee recently came up with 15 stocks that outperformed the S&P 500 in eight of the last 11 pullbacks since 2009: CAG, IBM, DIS, GPC, MMM, FISV, PAYX, PPG, SYY, SIAL, UNP, UTX, PX, L, and XRAY[View news story]
    oh give me a break....you know as well as I do no one ever took a loss by taking a profit and its better to be out early than out late. Well I took my profits and I'm out early....what are you? I have one day of money market rate under my belt and you have a down day.....sounds like
    I'm 1-0 and ur 0-1

    certainly I'm not going to take my advice from someone who's only been around since October...have you even actually seen the market go down or is that beyond your experience level?
    Mar 16, 2013. 11:34 AM | Likes Like |Link to Comment
  • If history is a guide, the markets may be due for a pullback, according to S&P Capital's Sam Stovall. Since World War II, Stovall says the median advance once the S&P hits its previous high after recovering from a bear market has been just 3%. But despite the ominous warning, there still may be some places to ride it all out. JPMorgan's chief U.S. equities strategist Tom Lee recently came up with 15 stocks that outperformed the S&P 500 in eight of the last 11 pullbacks since 2009: CAG, IBM, DIS, GPC, MMM, FISV, PAYX, PPG, SYY, SIAL, UNP, UTX, PX, L, and XRAY[View news story]
    Although I'm tending to be a contrarian lately, don't you find it a little unnerving that now people are trying to come up with excuses like "markets not at their INFLATION adjusted all time highs"? Who cares markets are still at their highs, RSI's through the roof, even celebrities are espousing their trading ideas? Are we all insane scalp if you want but be very aware of where we are.

    Note I've indicated on my stocktalks im not even in the market all my positions are closed (though I had my puts closed today that I put on yesterday) so I have no dog in the coming fight.

    Note #2 yes the volume at the close looks to me like a up day monday but after that..................
    Mar 15, 2013. 10:23 PM | Likes Like |Link to Comment
  • How Much More Downside Is There In Cliffs Natural Resources? [View article]
    Good article Chris. Although I would say that Cliffs can't bottom without a market correction. Being a high beta a correction will exacerbate the drop for Cliffs leaving the stock in a good position to be bought. Although until then I'd say stay away.
    Mar 15, 2013. 01:06 PM | 2 Likes Like |Link to Comment
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