We have a full rout of the bears taking place, as investors reload, shoot, reload again.
The homies and all credit related names are taking off, thanks to the President’s bail out proposal.
In short, this is a major benefit to the homebuilders, who will likely be viewed as “more stable” and get access to the credit markets, with ease.
All thanks to the Gov’t.
With my money, I have open positions in ACF, CFC, SPF and CORS.
This is a good shoe. Milk it, then move on.
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Doughnuts also doing well. Perhaps pin action for poor fat fuckers?
KKD up 25%
Make hay while the sun shines.
However briefly.
As I recall from my studies of the period, Nixon tried some of this bullshit right before the market went to hell in half a hand basket.
I am unfamiliar with the term “pin action?”
Is is a Southernism?
My homies are a rockin cause the goverment came knockin! woo woo!!
HOV blasting higher, Nazi-run or no.
-DT
sold my HOV at 9… still holding ACF… and just bought some CCRT.. they should actually benefit from all the retards who are going to need to re-build there credit
are they going to cut rates?
Not without a good smackdown first….
So what’s next after the homies in this Nazi rally?
Good Times!
just bought some WM and sold my acf for .80 profit.. it has to go at some point.. does it not?
tax loss selling in airlines as well.. they should be a good year end play at some point
Now are you a CFC believer (Ducati)?
The board of directors of KB Home (KBH) has declared a quarterly cash dividend of twenty-five cents ($.25) per share on the Company’s common stock, payable on February 21, 2008 to shareholders of record on February 7, 2008.
Oh man I thought it would be gone, down 6 cents only from last qtr..
From bigpicture:
According to the WSJ, the Office of Thrift Supervision Director John Reich said that “the plan could help “tens of thousands” of homeowners.”
Thud.
Don’t stay in that CFC very long.
Ahhh, the true Fourth Reich!
NFI ripping today. But, will it last?
On an unrelated note: DRYS is one of the most broken/beaten down stocks I’ve seen in a while. Trades at a 9.25 multiple, meanwhile DSX FREE QMAR and EXM are all averaging about a 20 multiple. Moreover, DRYS has only seen losses during the rally the last 2 days….
oh yeah and did I mention, it is trading at about 5 times forward earnings. Please, someone, explain to me; what is wrong with this stock?
Brought to you by the HUD man, Alphonso Jackson:
Well we’re movin on up,
To the east side.
To a deluxe apartment in the sky.
Movin on up
To the east side.
We finally got a piece of the pie.
Tancredo will make a good leader of 4th Reich.
Loads of buy on close imbalances… why isn’t Maria breathlessly talking about THOSE?
-DT
What’s up with NTG? Yesterday smoked, today, rally on!
-DT
Heil John Reich!!!
I feel like we’re short term overbought. While I’m scared, I just short a couple hundred SPIDERS into the close.
-DT
Damn, what do do now huh? Think I better lighten up with Jobs data tomorrow?
Where’s the Kasshat been the last couple of days? I’d pay big $$$ to see 10 rounds between The Fly and Kass, although Fly would punch him into a pulp in one round. Still worth paying up for….
I thought Kass was predicting a Santa rally?
He and Fly are buds now.
Kass is in a gas chamber in Guantanamo, I suspect.
What’s a “route” of the bears? Is that similar to a “root?” Or even better, a “rout?”
No gas chambers at Guantanamo. However, they have buffet tables of pulled pork, BBQ ribs and much sweet tea.
Pin action:
The manner in which the pins react to the impact of the bowling ball.
Interesting how the corporations that wanted big govt out of their way before, were so quick to belly up to the nanny govt bar when the chips were down, isn’t it?