phdinsuntanning

Amazon, Apple Stock Going Vertical: This Never Ends Well

agree, got an iphone clone in Beijing silk market 2 weeks ago for 35 euro, works better than the original. Started shorting @ 150, 180, 199, in increasing blocks, see ya @ 2 digits. This sucker must go down as W used to say ! No hurry.

Wall Street Breakfast: Must-Know News

they are short the USD with US gov loans,

Apple's Board Has to Step Up on Regulatory Issues

see you in 99

How Much Are Apple's 45 Million Users Worth?

see you in $ 100

Options Trader: Friday Outlook

There are those who believe high oil prices are the result of market forces--limited supply meets endless demand, which makes barrels of crude more expensive. In an October 2004 National Review article, “The Oil Bubble: Set to Burst?” it was argued that oil prices, at that time $62 a barrel, would soon collapse. In ten months, oil was $73 a barrel.1 All through oil’s five-year price surge, rising to $105 per barrel as of March 2008, there have been many voices asserting that the precipitous rise is all the result of speculation--unsupport... by the rudiments of supply and demand.2 Speculation will have an effect on oil prices if it leads to hoarding or an increase in private inventories of crude. Some espouse that inventories have remained at “normal” levels, which implies that the rise in oil prices is not the result of runaway speculation, but the consequence of decreasing supply and the rapid growth of developing economies like China and India.3 We would like to point out that the notion of high futures prices reducing physical supplies through “hoarding” has nothing to do with a “normal” level of inventories, but whether there exists a positive relationship between futures prices and oil stocks/inventories. For specifications including longer-term contracts that are inherently more speculative, the real price of oil appears to be determined predominantly by the futures price. Moreover, there is empirical evidence of hoarding in the crude oil market: both oil stocks/inventories and futures prices are found to be positively cointegrated/correlate... with each other.

Wall Street Breakfast: Must-Know News

because otherwise they will short the US Treasury bonds,
they are been nationalized now basically because they are decapitalized:

March 31
Fiscal Year 2007: Capital/Assets
US
Bear Stearns 3,0%
Morgan Stanley 3,0%
Merril Lynch 3,1%
Lehman 3,3%
Goldman Sachs 4,5%
Citigroup 5,2%
JP Morgan 7,9%
Wells Fargo 8,3%
Bank of America 8,6%
Wachovia 10,2%