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JPM Shocks the Street


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#1 Islander

Islander

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Posted 14 April 2010 - 08:16 AM

"Jamie came in with earnings that staggered the street and lead to panic buying"

Just lower Loss Reserves and Raise earnings, and they will cheer, not. This little
show was engineered with a 3.5 to 4% spread on Fed money and some as yet unknown
Investment profits.

Beware the numbers they are part of the rush to recovery in spite of the facts.
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Probably near an inflection point at 1205 or 1250, Hold on the last part of the ride is always what kills the rider.

Best, Islander.

Edited by Islander, 14 April 2010 - 08:19 AM.