Friday, October 16, 2009
"PRICE DOES NOT EQUAL VALUE"
Thanks to Zero hedge for heads up, previous post, too good not to post up here.
The music may end more suddenly than many think possible. If HOUSING was the problem, and last 3 months showed RECORD foreclosures...putting more pressure on PRICE, banks will notown up to the extent of their losses..long live JPM
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2 comments:
Speaking of GS their stock is starting to crank down on heavier volume.
SELL THE NEWS CROWD GATHERING? Take away GOV intervention and trading profits what do you have? OH are they hiding bad assets by suspension of mark to mkt?
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