PeterA
Well-known member
Victor,
I have been able to stay positive for the Calendar year - a lot of work to get not far - but at least I havent lost any money and neither have my clients. I celebrated by buying too much camera gear at teh wrong prices - see Hasselblad thread.
your trip sounds fantastic post some pics - we need soem cheering up.
Hedgies are now according to popular press - the evil that has created catastrophe.
Strange that - my clients are thinking the opposite of me for not losing their money. However Mr Wall St will have a lot to answer for - AAA ratings from the ratings agencies who were being paid to 'rate' stuff by their friends in investment banking who were busy selling horse shit to everyone that trusts a suit and a bit of charm. regulators who werent 'regulating' etc etc..
They have banned all shorting in Australia - after your clever boys banned it for 800 companies. The next 'rule' will be no one can sell. Well that should fix things right?
I am 100% cash and worried - look at T bills @ 5 bips?!!! - people are literally paying the Government in the US to hold cash for them.
i could go on - but it is starting to sound like I am still at work..and it is weekend here now - Tractor time!
Good luck with the buy-out if you can do it ..you will be lucky. Want me to fly over and kick some butt? LOL
Pete
I have been able to stay positive for the Calendar year - a lot of work to get not far - but at least I havent lost any money and neither have my clients. I celebrated by buying too much camera gear at teh wrong prices - see Hasselblad thread.
your trip sounds fantastic post some pics - we need soem cheering up.
Hedgies are now according to popular press - the evil that has created catastrophe.
Strange that - my clients are thinking the opposite of me for not losing their money. However Mr Wall St will have a lot to answer for - AAA ratings from the ratings agencies who were being paid to 'rate' stuff by their friends in investment banking who were busy selling horse shit to everyone that trusts a suit and a bit of charm. regulators who werent 'regulating' etc etc..
They have banned all shorting in Australia - after your clever boys banned it for 800 companies. The next 'rule' will be no one can sell. Well that should fix things right?
I am 100% cash and worried - look at T bills @ 5 bips?!!! - people are literally paying the Government in the US to hold cash for them.
i could go on - but it is starting to sound like I am still at work..and it is weekend here now - Tractor time!
Good luck with the buy-out if you can do it ..you will be lucky. Want me to fly over and kick some butt? LOL
Pete