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Contrarian market commentary and economic postings.
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Blog Archive
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2008
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November
(51)
- REPORTS DUE OUT THIS WEEK
- HEROIC ATTEMPTS TO REFLATE THE BUBBLE
- FLY IN BULLISH ONITMENT?
- CONSUMER RECOVERY?
- DOW CHART
- BALTIC DRY INDEX STILL IN FREEFALL
- JAPAN STILL STRUGGLING WITH DEFLATION?
- AN ATTEMPT TO REWRITE HISTORY
- TROUBLESOME
- NO PLAN WILL REKINDLE ECONOMY?
- RON SMITH SPEAKS OUT VOICE OF REASON
- "MONSTER LURKING IN BOND MARKET
- "BACK TO BAD OLD DAYS"
- BAILOUT SURGE by RON PAUL Straight Talk
- COMMERCIAL REAL ESTATE AT RISK?
- DOW SOARS
- IGNORE STOCK MARKET UNTIL FEBRUARY
- jbr HOW DOES CURENT SITUATION COMPARE TO GREAT DEP...
- Favorite NEw Release
- CRASH ALERT IMPORTANT MARKET UPDATE
- CREDIT MARKETS UNFROZEN?
- ANATOMY OF BULL AND BEAR MARKETS
- CYCLE PRO
- DARK DAY IN THE DOW
- WHERE THE DOW MIGHT BE "HEADED"
- HAVE'S and HAVE NOTS MEET
- AM HIGHLIGHTS OR REALITY BITES???
- SICKLICAL, Dow and VIX
- WATCHING THE VIX, RALLY AND MUST SUPPORT LEVEL
- GET GREEN NOW?
- COME ONE COME ALL FOR THE FREE FED HANDOUT
- HNI OUT IN FRONT?
- JOB LOSSES ARE MOUNTING
- GOLD BEAR?
- PULSON BACK TALKS INSTEAD OF BACK STOPPING!!
- MORE CHERRY OPINION
- HOLD THE LINE......NOT!
- WHAT DEFLATION LOOKS LIKE AND ECONOMIC COLLAPSE
- 200 MONTH
- IN A WORD "GM"
- "DEBT TRAP"
- BIGGER PICTURE
- FED CAPITULATES "THE CENTRAL BANK IS BROKEN"
- OMG
- UNEMPLOYMENT RATE VAULTS TO 6.5%
- A DOW NER
- COLLAPSING COMMODITIES TROUBLING
- 2 POSSIBLE CHANNELS FORMED
- COMPLETE ADP EMPLOYMENT REPORT
- CHANGE IS COMING
- FROM BEAR CHAT
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November
(51)
About Me
- Marc R
- Baltimore, Maryland, United States
- PROFILE FOR MY 1 SOURCE BLOG: We have over 30 years of experience and the best resources available to bring you unequaled value and customer service. We look forward to helping you with your next project with our "Creative Office Solutions" #2 PROFILE FOR MY MARKET "HOBBY" BLOG I have been writing about stocks and the market since the late 90's. My record of calling the last 2 , now maybe 3 bear markets stands. There is more to investing than just avoiding bear markets, but it sure doesn't hurt. I offer NO recommendation to buy or sell equities or trade any vehicle...I just offer my opinion for what it's worth. Consult with your financial advisor before taking any actions. this financial blog is for amusement only.
4 comments:
YOU KNOW IT THAT LEVEL FAILS, THE NEXT CONSOLIDATION LEVEL IS~~DIDNT YOU ONCE STATE, 4000? I WOULD SAY BY THEN, MOST PUNDITS WOULD STOP TRYING TO PICK A BOTTOM! AT LEAST BY THEN THEY WOULDNT HAVE ANY CREDIBILITY!
Hi SSK,
THis Bottom you might want to PICK U.....TOO dangerous.....G7 WEEEE meeting this weekend I think, big heads or bald heads putting heads together....4K sounds rediculous when I say it....what would even 6K do to economy, American psych?
You have best plan SSK, its just all a chart, you dont have to worry about this co or that one....and that is why trying to buy on the cheap could get cheaper....sure buying HERE at some pt would seem safe bet...but if it rides down another 20% or so why feel the PAIN?
WHEN OVER the runup will be HUGE and amazing....for now volatility reins
SMART INVESTORS ARE ALWAYS RICH ONES?
Jan 25, 2006 10:14 pm US/Pacific
Kerkorian Buys Back 12 Million GM Shares
DETROIT (AP) ― Billionaire investor Kirk Kerkorian is acquiring 12 million shares of General Motors Corp. stock, matching the number of shares he sold in December, a federal regulatory filing showed on Wednesday.
Kerkorian's private equity firm, Tracinda Corp., bought 5 million shares of GM stock on Monday for an average purchase price of $21.40, or approximately $107 million, it said in a filing with the Securities and Exchange Commission. On Tuesday, Tracinda agreed to purchase an additional 7 million GM shares in a private transaction for $22.25 per share, or approximately $155.8 million.
Those purchases would boost Kerkorian's stake in the world's largest automaker to 9.9 percent, the same as it was before Beverly Hills, Calif.-based Tracinda sold 12 million shares in December.
Tracinda said at the time that it sold the shares so that it could end its fiscal year with a capital loss, making it eligible for certain federal and California income tax breaks. Kerkorian lost $109 million on the 12 million shares he sold in December.
ITS GOOD HEY SOLD HIS SHARES IN DECEMBER! AMAZING. SSK
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