And just when you thought all was stabilizing

http://www.bloomberg.com/apps/news?pid=20601109&sid=aoiyuz8qt5sI&refer=home

Look out below, this market is fucked like a housecat.

 

Who thought all was stabilizing???

 

Since he is nowhere to be found on days like today, I will play the part of stocktrad3r:

"Everything's great. Markets will go up forever. Just buy Goog, Aapl, Rimm, etc. Globalization is great. It will mean ever expanding profits. Goog, etc. will continue to make tons of money because they have such a competitive advantage. Write offs are good. There is no credit crunch or problems in the credit market, it's all just make believe. Just buy and hold."

Did I miss anything?

 

I know I'm forgetting some, but off the top of my head, you missed:

1) Weak dollar is a positive sign of things to come
2) Inflation is nonexistent and/or good, and
3) High oil prices are meaningless

I do have to say that the ignore function is a wonderful tool.

 

yeah

"its a 2.0 web revelution !! " to the moon alice !

 

Barings Bank revisited

 

Who fucks a housecat?

 

when the market falls, stock trad3r! Why we don't hear from him on bearish days.

 

MBI $ 38.14
MBIA Inc. -1.67
Shares Short 29,638,700
Days to Cover (Short Ratio) 4.7
Short % of Float %
Shares Short - Prior 29,514,500
Short % Increase / Decrease 0.42 %
Squeeze RankingTM
% from 52-Wk HIGH ( 76.02 ) -99.32 %
% from 52-Wk LOW ( 29.50 ) 22.65 %
% from 200-Day MA ( 63.32 ) -66.02 %

% from 50-Day MA ( 59.91 )
-57.08 %
Price % Change (52-Wk) -37.70 %
Trading Volume - Today 5,172,215
Trading Volume - Average 6,321,400
Trading Volume Vs. Avg. 81.82 %
Total Shares - Float
Total Shares - Outstanding 125,394,150
% Held by Insiders %
% Held by Institutions %
Market Cap 4,782,532,881
EPS 4.49
PE Ratio 8.90
Sector: Financial
Industry: Surety & Title Insurance
SI Record Date 2007-NovA

 

ABK $ 28.24
Ambac Financial Group Inc. -2.18
Shares Short 19,209,400
Days to Cover (Short Ratio) 2.6
Short % of Float 20.72 %
Shares Short - Prior 14,056,500
Short % Increase / Decrease 36.66 %
Squeeze RankingTM -34
% from 52-Wk HIGH ( 96.10 ) -240.30 %
% from 52-Wk LOW ( 20.55 ) 27.23 %
% from 200-Day MA ( 80.95 ) -186.65 %

% from 50-Day MA ( 71.46 )
-153.05 %
Price % Change (52-Wk) -63.70 %
Trading Volume - Today 7,930,409
Trading Volume - Average 7,255,700
Trading Volume Vs. Avg. 109.30 %
Total Shares - Float 92,730,000
Total Shares - Outstanding 101,549,736
% Held by Insiders 6.02 %
% Held by Institutions 86.60 %
Market Cap 2,867,764,545
EPS 2.05
PE Ratio 14.80
Sector: Financial
Industry: Surety & Title Insurance
SI Record Date 2007-NovA