MGM - Nevada?s largest employer is at risk of filing for Chapter 11 bankruptcy protection.
maybe you can get them out of their jam when you go out in march :shrug:
Stock Market Thread - ALL COMBINED
- Thread starter vinnie
- Start date
maybe you can get them out of their jam when you go out in march :shrug:
This is downright scary. June GE $2.50 puts. A bankruptcy bet on GE by the 3rd week of June. G frickin E, American stalwart.
http://market-ticker.denninger.net/
http://market-ticker.denninger.net/
I sure hope not :142smilie I'm still looking for the free cheese myself. :shrug:
Can't wait to get out there to see how slow it really is. :SIB
little market upswing coming soon?
little market upswing coming soon?
from ritholtz blog
Mike Panzner writes:
Regardless of your long-term views (mine, as it happens, are bearish), it?s hard to look at the accompanying chart and not feel like the market is setting up for some sort of corrective bounce.
As of now, the S&P 500 index is about 35% below it?s 200-day moving average, which is not far below the one-day gap of 39.65% seen on November 20th ? just before the market staged a 5-day, 19% rally ? as well as the record differentials hit during the Great Depression, which also proceeded powerful upside reversals.
little market upswing coming soon?
from ritholtz blog
Mike Panzner writes:
Regardless of your long-term views (mine, as it happens, are bearish), it?s hard to look at the accompanying chart and not feel like the market is setting up for some sort of corrective bounce.
As of now, the S&P 500 index is about 35% below it?s 200-day moving average, which is not far below the one-day gap of 39.65% seen on November 20th ? just before the market staged a 5-day, 19% rally ? as well as the record differentials hit during the Great Depression, which also proceeded powerful upside reversals.
Even 'Dr. Doom' is scared :mj08:
Economy Much Worse Than Roubini Predicted :sadwave:
Fed Chairman Bernanke raised eyebrows (and, briefly, the market) last week when said there's a "reasonable prospect" the economy will bottom this year and be in recovery in 2010.
But Berkshire Hathaway's Warren Buffett disagrees: The economy "will be in shambles throughout 2009 and...probably well beyond," the Oracle of Omaha declared this weekend.
In sum, Buffett and much of the rest of humanity are just now coming around to Nouriel Robuini's way of thinking, the economist known as "Dr. Doom" is upping the ante on his longstanding bearish views.
A year ago Roubini was forecasting an 18-month recession with a U-shaped recovery; now, he's now expecting the downturn to last at least 24 months and possibly 36-months. He also sees rising risks of a Japanese-style L-shaped stagnation, i.e. a prolonged period with little or no economic growth.
"I was one of most bearish people [but] the economy has surprised the bears on the downside," says Roubini of NYU's Stern School and RGE Monitor. "What's happening in the world now is scary."
Indeed, while the U.S. economy contracted 6.2% in the fourth-quarter, Roubini's main concern is economic activity in much of the rest of the world is in much worse shape. And while he is often critical of U.S. policymakers - including over the stimulus package, Fed policy and bank bailouts - Roubini says "the rest of the world is way behind the curve," in terms of doing the "right things" to confront the worst economic crisis since the 1930s.
Economy Much Worse Than Roubini Predicted :sadwave:
Fed Chairman Bernanke raised eyebrows (and, briefly, the market) last week when said there's a "reasonable prospect" the economy will bottom this year and be in recovery in 2010.
But Berkshire Hathaway's Warren Buffett disagrees: The economy "will be in shambles throughout 2009 and...probably well beyond," the Oracle of Omaha declared this weekend.
In sum, Buffett and much of the rest of humanity are just now coming around to Nouriel Robuini's way of thinking, the economist known as "Dr. Doom" is upping the ante on his longstanding bearish views.
A year ago Roubini was forecasting an 18-month recession with a U-shaped recovery; now, he's now expecting the downturn to last at least 24 months and possibly 36-months. He also sees rising risks of a Japanese-style L-shaped stagnation, i.e. a prolonged period with little or no economic growth.
"I was one of most bearish people [but] the economy has surprised the bears on the downside," says Roubini of NYU's Stern School and RGE Monitor. "What's happening in the world now is scary."
Indeed, while the U.S. economy contracted 6.2% in the fourth-quarter, Roubini's main concern is economic activity in much of the rest of the world is in much worse shape. And while he is often critical of U.S. policymakers - including over the stimulus package, Fed policy and bank bailouts - Roubini says "the rest of the world is way behind the curve," in terms of doing the "right things" to confront the worst economic crisis since the 1930s.
- Feb 12, 2000
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I don't know. You could find out approximately I'm sure. It's been in this 30's to 40's range since I've been doing this.
like they didn't know this would happen when they took the bailout money.
gonna be a good time to get a new car later this year :SIB
like they didn't know this would happen when they took the bailout money.
gonna be a good time to get a new car later this year :SIB
yep got a great deal on a Chrysler 300 :00hour
Already discounts as high as 6500 on 26000 list price cars are showing up. Yesterday my ponty dealer offered me 6908 off on a Loaded G8. V6 list 28879. Dam Im getting itch.
