Blackrock's Doll on Markets: Signs of Capitulation
Started by stevejhx
over 17 years ago
Posts: 12656
Member since: Feb 2008
Discussion about
"I think we saw lots of signs last week of capitulation -- that's what we need to clear this out -- I imagine we have to test those lows, but, absent three more names we know well disappearing, I think we've seen the lion's share of the downturn." http://www.cnbc.com/id/26850173 Exactly the opposite of Cramer. Good news: Barclays Re-Hires 10,000 Lehman Staff Bad news: The sale of Lehman's... [more]
"I think we saw lots of signs last week of capitulation -- that's what we need to clear this out -- I imagine we have to test those lows, but, absent three more names we know well disappearing, I think we've seen the lion's share of the downturn."
http://www.cnbc.com/id/26850173
Exactly the opposite of Cramer.
Good news:
Barclays Re-Hires 10,000 Lehman Staff
Bad news:
The sale of Lehman's businesses includes about 10,000 employees, who will work for the combined business through the end of December.
Over the next three months, the Barclays and Lehman groups will work together to determine how to staff and integrate various businesses.
http://www.cnbc.com/id/26848203
None of this is good news for Manhattan real estate - inventory is up to over 8,000 again, but total listings are down. Meaning that nothing is moving.
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Response by nyc10022
over 17 years ago
Posts: 9868
Member since: Aug 2008
I'm with you on stock market capitulation, but I already said that a few weeks back. Clearly the gov will pass *something* - no one wants to be the guy who voted against the plan that would have saved us - or at least that will be said to have saved us - if things tank. You want to be on the side of having done *something* as we descend into inevitable downturn.
But I'm sure the scumbags will try to get their goodies off the bill before it basses..
RE is another matter. We still have high level folks at brokerage firms claiming that Manhattan RE is as "safe" as it gets. We've got months (if not years) to go there...
Ignored comment.
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Response by ootin
over 17 years ago
Posts: 210
Member since: Jul 2008
here we go, stevejhx and EddieWilson (nyc10022) having a conversation with themselves.
Can someone rouse dco and MMAfia and get them into the equation.
oh, I'm trying to figure out which idiot anon3 actually is, can anyone help with that one?
I'm with you on stock market capitulation, but I already said that a few weeks back. Clearly the gov will pass *something* - no one wants to be the guy who voted against the plan that would have saved us - or at least that will be said to have saved us - if things tank. You want to be on the side of having done *something* as we descend into inevitable downturn.
But I'm sure the scumbags will try to get their goodies off the bill before it basses..
RE is another matter. We still have high level folks at brokerage firms claiming that Manhattan RE is as "safe" as it gets. We've got months (if not years) to go there...
here we go, stevejhx and EddieWilson (nyc10022) having a conversation with themselves.
Can someone rouse dco and MMAfia and get them into the equation.
oh, I'm trying to figure out which idiot anon3 actually is, can anyone help with that one?