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The Really Useless Thread

  • #3,001
  • Aug 25, 2011 8:18am Aug 25, 2011 8:18am
Quoting bbakker
lol -QE3 is back on the menu - lol
lol, figured as much, either that or nfp and no one told me...
  • #3,002
  • Aug 25, 2011 8:19am Aug 25, 2011 8:19am
Quoting OldQuant
Buffett just saved Bank of America. 5B in preferred stock. The fact that it needed saving is no longer of any importance whatsoever.
indeed, when is he going to buy Greece, any idea, or Europe for that matter...
Look Sharp/Trade Tight
  • #3,003
  • Aug 25, 2011 8:21am Aug 25, 2011 8:21am
Quoting PayTheLimit
indeed, when is he going to buy Greece, any idea, or Europe for that matter...
There's no political mileage in that, and he hates to travel.
  • #3,004
  • Aug 25, 2011 8:21am Aug 25, 2011 8:21am
Quoting PayTheLimit
indeed, when is he going to buy Greece, any idea, or Europe for that matter...

The FED and IMF have first bids on that one.
  • #3,005
  • Aug 25, 2011 8:21am Aug 25, 2011 8:21am
oh ok i get the st. warren to the rescue reference now...
  • #3,006
  • Aug 25, 2011 8:21am Aug 25, 2011 8:21am
Quoting sisse
lol...they have been doing that all week.

In any case, even the most sluggish trader around has recognized that we are in a range so the odds are very limited for a new test to hold without breaching the high or lows of the range.... GL bro in the US session.

sisse
indded, I am getting tired of sseing the same prices this week, I'm starting to see them in my sleep...think Friday is a pool/margarita day for me...
Look Sharp/Trade Tight
  • #3,007
  • Aug 25, 2011 8:22am Aug 25, 2011 8:22am
BoA up 25% in no time.
  • #3,008
  • Aug 25, 2011 8:22am Aug 25, 2011 8:22am
Quoting OldQuant
There's no political mileage in that, and he hates to travel.
well he can always buy the US Gov., maybe he can get it to work even...
Look Sharp/Trade Tight
  • #3,009
  • Aug 25, 2011 8:23am Aug 25, 2011 8:23am
Quoting OldQuant
There's no political mileage in that, and he hates to travel.
I like the way they spin...Buffet called up Brian Moynihan....RIGHT
  • #3,010
  • Aug 25, 2011 8:23am Aug 25, 2011 8:23am
Quoting cloggie
BoA up 25% in no time.

SOLD!
Look Sharp/Trade Tight
  • #3,011
  • Aug 25, 2011 8:24am Aug 25, 2011 8:24am
Quoting PayTheLimit
well he can always buy the US Gov., maybe he can get it to work even...
Yeah no kidding... lol.

I'd rather see BOA fail, send a message that a feckery managed business, that if you run your business like shyt, it's going to drop. Anyone that tries to save you will get their just deserts as well.
  • #3,012
  • Aug 25, 2011 8:24am Aug 25, 2011 8:24am
Quoting needpips
I like the way they spin...Buffet called up Brian Moynihan....RIGHT

That is his style though, did the same with Blankfein.
  • #3,013
  • Aug 25, 2011 8:25am Aug 25, 2011 8:25am
Quoting PayTheLimit
well he can always buy the US Gov., maybe he can get it to work even...
fuck him. he likes taxes.
  • #3,014
  • Aug 25, 2011 8:25am Aug 25, 2011 8:25am
I remember ZH reported a crap ton of BAC puts at $4....so sorry...prob a straddle or protection strategy of some sort
  • #3,015
  • Aug 25, 2011 8:26am Aug 25, 2011 8:26am
Quoting cloggie
That is his style though, did the same with Blankfein.

I thought GS called him....If he called GS than he is a super pimp
  • #3,016
  • Aug 25, 2011 8:26am Aug 25, 2011 8:26am
Quoting attila
fuck him. he likes taxes.
well dont like the guy for a second, I wouldn't pay 10cents to have lunch with him..
Look Sharp/Trade Tight
  • #3,017
  • Aug 25, 2011 8:27am Aug 25, 2011 8:27am
Quoting Venice
Yeah no kidding... lol.

I'd rather see BOA fail, send a message that a feckery managed business, that if you run your business like shyt, it's going to drop. Anyone that tries to save you will get their just deserts as well.
I mean seriously... how hard is it to run a freaken business where your business model is other people giving you money?!?
  • #3,018
  • Aug 25, 2011 8:27am Aug 25, 2011 8:27am
Quoting needpips
I thought GS called him....If he called GS than he is a super pimp
I don't know what his deal is, maybe getting senile. He fucking adores Obama's policies..
  • #3,019
  • Aug 25, 2011 8:27am Aug 25, 2011 8:27am
Quoting PayTheLimit
indded, I am getting tired of sseing the same prices this week, I'm starting to see them in my sleep...think Friday is a pool/margarita day for me...
lol .....that sound nice for a Friday ...

the intraday compress range is so narrow now that S and R are going to join in only one level soon ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #3,020
  • Aug 25, 2011 8:27am Aug 25, 2011 8:27am
Quoting Venice
Yeah no kidding... lol.

I'd rather see BOA fail, send a message that a feckery managed business, that if you run your business like shyt, it's going to drop. Anyone that tries to save you will get their just deserts as well.
No can do, buckaroo. The only thing holding the props and sets together is moral hazard. If people thought they really might be held responsible for buying and holding worthless crap, there wouldn't be anybody to hold the majority of assets in three continents.
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