quote:

Originally posted by Banora Someone made a drawing to help us understand what one trillion dollars physically looks like

This reminds me of Dark Knight, where the Joker slides down a pile of cash and then burns it.

finally in the green with bac today

i'm +25% on RY in about 3 weeks.

sell? keep?

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I still dont trust any financial institutions enough to hold them more than a day or two. Bought HIG and C last friday just before the market closed, sold on wednesday after the open with a hefty profit. Did an intra day today on FAS (4.06 to 4.56, got nervous when it woudnt go past 4.5 for a long time, when beached went over 4.6) then loaded up on FAZ at 40.5 just before the closing bell, also considering the news of foreclosures in the past few days SRS might be a good call as well. I still dont think that the bears had their last word, we can hit 4500 on the DOW yet. Im not really going long until i see another successful test of the 6470.

Also C may have well been in the black in jan and feb, but FRE needs another 32b in aid, thats losing about 7.5$ per share on a share which trades below 0.5$. No things dont look good.

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Last edited by Moongoose on Mar-12-2009 at 22:14

the state of the market is sad when jon stewart goes after CNBC. The Stewart vs Cramer interview was as brutal as Stewart vs Crossfire hosts.

http://www.npr.org/blogs/monkeysee/...daily_show.html

as much as i don't really like stewart , cramer grill was brilliant and i look forward to mad money being canceled soon

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