November Stock Talk III

  They will legislate assumption of it all. It is not all up to the FED, the govt will make certain as they did Mexico, Chrysler et al that the major players who are going ot take this hit will be..the usual suspects, the American taxpayer.

 I think the movement out of the USD and into hard assets will continue...central banks will sell gold to try to influence  the price of gold, and that is certainly a risk with that metal.

 But other materials are rather inelastic.I do not think the demand for wheat, corn, or oil is going to diminish.
 
 I have and remain short the financials through SKF...C I would be veryleery of shorting in long term, especially if one feels that the Clinton cabal will be running things in DC in the coming years. They would never let Rubin down,  you can count on that...
 
 



 

Geez screw me again on FSLR..

Nice 18 pt move today.

speaking of Rubin, when Rudy was prosecutor in NY and he got Ivan Boesky...his main target was Boesky's boss...Robert Rubin. never got him though

CY up about 2.50 today... not sure why the huge climb but I certainly do like it!

 I think they can significantly help select entities, and when that game starts being played in earnest is why you give Rubin 150 million bucks after he comes out of heading the Treasury Dept for the Clitnons. So in an emergency he can make some phone calls, get the right people to write and pass the right legislation, and bail their ass out (C's that is)...whether they can contain the global damage, or even wish to (hey Taiwanese bankers bought the stuff too, it's not our problem) I doubt anyone is smart enough to figure out. Certainly not me.

 But when entities are at risk, then special favors are called in, and the good faith and money of the American treasury will be used to salvage major players.Especially ones who have and will contribute heftily to campaign coffers, as all of Wall Street is doing for the likely Democratic candidates, whoever they may be.The way it is played.Wall Street needs access, they pay for it, and they expect and get favors for what they pay for.

 By the way GOOG defies gravity and good sense...

 Oil over $100 easily by week's end methingks, and gold and silver are making nice moves as well.

 I parked today and was surrounded by a Yukon and a Tahoe; both were the size of their respective parking slots. Could not see around either one backing out...just creep out slowly and hope. And wonder why the 98 pound woman driving one of them needed such a tank in the first place.

Oh and if you missed it, this model proves beuty and brains are a nice combination...she mader around 30 million last year I read, but...

Heck, even a supermodel can figure it out. Along with Warren Buffett and Jim Rogers, Gisele Bündchen is also bearish on the dollar. She recently demanded that Proctor & Gamble pay her in Euros.

 Sorry for the typos above. Anyway, hearing GM taking a 39 billion loss is no way to wake up in the morning!!!

 Watch your back guys!

keep shorting those banks and mortgage lenders boys

 8:33 (Dow Jones) In yet another sign of the stress still coming for the
housing market, Washington Mutual (WM), a leading mortgage lender, sees the
volume of new mortgage loans falling to $1.5 trillion next year from a
projected $2.4 trillion this year, according to slides on its Website. The bank
- like others - is contributing to that slowdown by tightening lending
standards, including reducing exposure to falling property values in soft
markets.

 Anyone have any thought on the following:  CSCO
                                                                CDE
                                                                UNT

 Tech, silver and oil...for obvious reasons, but also technicals...not sure...

Adding another small slice of SKF to the collection as well for the reasons KOAJ has presented above and before.

vermeer - CSCO has been my favorite stock through all of this bullshit...earnings after the close today. i expect very good numbers but if they arent, the street would punish hard...and take most of tech down with it

i would be flat at the close today just to be safe

That's what I was think KOAJ...I was thinking of perhaps risking a small bet they have bust out earnings, and play it through, but the eway the market feels, if they do not, they get hammered as you say.

Here is something to ponder...

the Dow has risen 29% since 2001, and it's racked up a 49.4% total return

But measured in euros, over the same timeframe, the Dow is actually down 16% in price for a total return of MINUS 2.9% (the pink line).

In other words, European investors actually lost money in U.S. stocks over the last six years!

In fact, when they convert their investment back into euros, they've underperformed by more than 52 percentage points!



Maybe this is why foreign investors sold a net $70 billion in U.S. securities in August, according to the U.S. Treasury. That was the biggest outflow since 1990!