Charlie Gasbagarino broke the news.
Market loves it.
Can you hear that sound ? its the hope baloon deflating.
CNBC says Bad Bank Idea may be dead for now... again.
Started by
ogm
, Jan 30 2009 01:41 PM
4 replies to this topic
#2
SemiBizz
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- Traders-Talk User
- 23,217 posts
Volume Dynamics Specialist
Posted 30 January 2009 - 02:02 PM
And this is bad news? 
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
BWTrader
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- Traders-Talk User
- 758 posts
Member
Posted 30 January 2009 - 02:11 PM
Well, my guess is that the truth will come out soon about whether or not this is all priced in. If it is, that'll be the signal and if it isn't, we'll see.
BW
BW
Charlie Gasbagarino broke the news.
Market loves it.
Can you hear that sound ? its the hope baloon deflating.
#4
ogm
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- Traders-Talk User
- 13,780 posts
Member
Posted 30 January 2009 - 03:08 PM
The bad news here is that the uncertainty continues. Nothing is resolved once again and confusion mounts with the bank losses. No relief in sight.
#5
bnick
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- Traders-Talk User
- 145 posts
Member
Posted 30 January 2009 - 08:54 PM
The bad news here is that the uncertainty continues. Nothing is resolved once again and confusion mounts with the bank losses. No relief in sight.
How about bankruptcy for insolvent institutions? Wipe out the common and let them operate while reorganizing....
