Edited by Bob-C, 01 October 2007 - 06:09 AM.
C expects substantial decline in Q3 income due to Sub-Prime MBSs etc...
#1
Posted 01 October 2007 - 06:07 AM
#2
Posted 01 October 2007 - 07:01 AM
Hi everyone, UBS to take $3.4B writedown due to MBS losses etc. and will fire 1500 employees.NA
Bob-C
#3
Posted 01 October 2007 - 09:10 AM
~ Johann Wolfgang Von Goethe ~
#4
Posted 01 October 2007 - 10:16 AM
Hi SB, IMVHO, time is ticking away as they are distributing and then selling short stock-index futures and stocks prior to kicking the market down sharply in order to profit from their short sales. IMHO, today is a set up prior to the next market hit. LOB!!!I'm seeing a delayed quote on UBS from work here and it's up 3%. Interesting. Maybe a worse decline was priced into the stock and the bad news was good news?
Cheers,
Bob-C
#5
Posted 01 October 2007 - 10:23 AM
~ Johann Wolfgang Von Goethe ~
#6
Posted 01 October 2007 - 10:38 AM
You're welcome SB, good luck on your trades.Thanks for the reply, Bob.
Have a happy and successful day.
Bob
#7
Posted 01 October 2007 - 01:22 PM
#8
Posted 01 October 2007 - 02:34 PM
Hi everyone, volume on the QQQQs, NASDAQ, and NYSE continues to be extremely light, IMHO, this a very bad sign. The market is between tick and tock; they're marking time until they drop the market like a rock. Traders, fund managers, and analysts are euphoric; LOB!!!Hi everyone, there is very poor volume on the NYSE, NASDAQ, and the QQQQs. IMHO, it looks like a set up for a big hit on the market by Friday's employment report or earlier.
Cheers,
Bob-C
Cheers,
Bob-C