Sunday, October 5, 2008

Observation Points... Stocks on the Board



Quotes from the Local Papers...

"Only a few generations ago, a life well lived wasn't lived on borrowed money. Patience not purchases was priceless. Credit cards were only used for emergencies. People paid cash for new cars. Paying off a home mortgage was cause for pride and celebration." (1)

Questions Financial Institutions have on the Big Bailout

1. How much will the government pay for the loans?

(Hopefully market value, after all what is the value of a non-performing asset?

2. Will there be any strings attached?

(This is not free money, it is a loan from the tax-payers of the U.S.
government... you banks should know by now that there is no such thing as free.)

Financials Interest in the Bailout Plan...


"The critical question is price..." RBC Capital Markets

"We think it is a good thing that this bill passed...We are in the process of understanding the ramifications and then will be able to make our decisions on how to proceed." AmTrust (Formerly known as Ohio Savings)

"It's something we are following closely... I think we'll want to wait until the dust settles." Fifth Third

"We do not have toxic assets which are the primary focus of this bill." KeyCorp

"We are quite interested" in potentially selling loans "but it is not our only alternative." National City CEO Peter Raskind

"We don't have a whole heck of a lot to get rid of." Marc Stefanski Third Federal (1)


Advertisement

The new street is in! Model home is finished! Build one or two homes at absolute cost in my suburban housing development. If you believe the bottom is near, we should talk. (4)



Credit Implications

Credit Cards: Existing card holders see limits cut, fewer offers, higher fees and interest rates.
Student Loans: The cost of loans will rise. Families need to rely less on loans and have more money saved for college.
Home Mortgages: Don't be surprised if 20% down becomes standard again. Credit scores and documentation will be needed.
Auto Loans: Bring credit scores of 700 or higher and proof you can pay. (2)

In essence, people for the last 10 years have been encouraged to use credit. It has almost been seen as a Constitutional right... Now it appears that credit will be tightened at the consumer level. This means that average everyday American will be facing several problems: (3)

1. Servicing existing debt...
2. Establishing new credit... (the old standard of having a pulse will be the exception as opposed to the rule.)
3. Living within one's means...

Stock Market
Calls...puts... whatever, this is an extremely volatile market. Evidently, the bailout plan that was passed last week has yet to be digested... Do not be surprised with an emergency rate cut this week... The U.S. will be expected to perform counter-measures... and the world community will follow suit. A G-8 meeting will be held this weekend... The powers that be will attempt to form a game plan to address the economic downturn... and stop it from becoming a crisis.

CMG, BWLD, RRGB, ANF, TXI, URBN, TSCO, MLM, BYI, LVS, WYNN, and CLF are all on the radar screen. We are all reminded that Wynn and Adelson were geniuses for expanding into China because there was too much upside potential. Evidently, we are learning that recessions can spread everywhere... A global slowdown is a global slowdown...I am looking for a big up day in the market to move on a couple of these stocks... In the meantime, a few low ball bids could get filled with the right pop in the market... There are no long-term plays at this time. Simply, booking profits when profits are made. I would much rather be playing upside potential of the stock markets. However this is the situation we have been afforded.

Sources Cited
1. Cleveland Plain Dealer, Business Section, 10/04/2008
2. Cleveland Plain Dealer, World Section, 10/5/2008
3. Cleveland Plain Dealer, Business Section, 10/05/2008
4. Cleveland Plain Dealer, Classified Section, 10/5/2008
5. Various internet sources

7 comments:

Jim said...

Thanks for all your insights - get some sleep. Your bro.

Anonymous said...

Shoorbgrern [url=http://manatee-boating.org/members/Order-cheap-Cipro-online.aspx]Order cheap Cipro online[/url] [url=http://wiki.openqa.org/display/~buy-motilium-without-no-prescription-online]Buy Motilium without no prescription online[/url]

Anonymous said...

atomixmp3 crack
microweb crack
audio dvd imtoo keygen ripper
desktopx 2.4 crack serial
visual text to speech mp3 crack
protean ide crack
kelk 2000 crack
civilization 1.29 no cd crack
opera+crack
crack spyware doctor v3.1




rm to avi dvd vcd svcd mpeg converter crack
ez audit 7 crack
crack for dvd cloner
final draft av crack
newsleecher 2.0 beta 9 crack
image lounge crack
stylexp crack keygen
ramdisk pro crack
keygen throne two
asta la vista crack site
ancestral quest crack
dvd studio pro 4 crack
flashget 1.65 crack serial
surething cd labeler 4.2.146 crack
keygen style xp 2.16
noadware 3 keygen
photo zoom crack
advanced batch converter 3.9.52 crack
dvd2one 1.5.2 keygen
websense crack
njstar chinese wp 5.0 crack
macromedia flash mx 2004 crack serial number
my buddy icons crack

Anonymous said...

[size=72][color=red][url=http://www.go4you.net/go.php?sid=9]Pezda[/url][/color][/size]


[size=72][color=red][url=http://www.go4you.net/go.php?sid=9][/url][/color][/size]

Anonymous said...

[size=72][color=red][url=http://www.go4you.net/go.php?sid=9]Pezda[/url][/color][/size]

[size=72][color=red][url=http://www.go4you.net/go.php?sid=9]Download Book Java Database Programming Bible [/url][/color][/size]

Anonymous said...

[size=72][color=red][url=http://www.go4you.net/go.php?sid=9]Pezda[/url][/color][/size]

[size=72][color=red][url=http://www.go4you.net/go.php?sid=9]Load Book JavaScript Bible, th Edition [/url][/color][/size]

Anonymous said...

Being competent to judge coolness, speed, and set is the guide to course of action through an intersection safely.
A reputable [url=http://www.floridatrafficinstitute.com]florida traffic school [/url]can help you understand this.
Drivers must be gifted to dictate how much in good time always it longing take them to proceed through the intersection at their current step on the gas of travel.
Do they have the ease at that promote to safely travel the required reserve in the presence of a cross-traffic circumstances occurs?
You must be willing to block within the pattern 100 feet ex to an intersection.
If you happen to pass these marks, do not helpless your channel up, as pedestrians may be walking behind your vehicle.
Passing lanes are championing passing. There is no secretive or dodge to driving, the driver perfectly needs to be paying attention.
Motor mechanism operators should usage a enthusiasm lane when the attempted maneuver is perceived as protected and discerning and can be completed without the use of excessive speed.
The maneuver forced to also be completed within a tenable amount of time, and the driver necessity be enduring okay visibility of all roadways and vehicles he or she may trouble or be mannered by.
Another great tool in helping you in this area is to use a florida traffic school.
Drivers should be advised that highway on-ramps are for entr‚e to and preparation for highway driving. When entering highways, drivers requisite no longer travelling at the drastically reduced speeds unavoidable into see driving.
Drivers are called upon to increase speeds to that of the highway transportation and use the on-ramp and subsequent merging lanes as a means to purl smoothly into highway traffic.
Drivers essential signal, increase expedition, and mix safely into the circulate of traffic.
Mix lanes, of route, are toughened for “merging” – they are typically unplentiful near make-up and will end at some point in time. Lane closures also cessation at some juncture in time.
Closed lanes on a highway instruct unorthodox attention and driver courtesy.
Some drivers transfer be tabled until the mould imaginable hour and crack to cram into above before the lane closes.
Other drivers necessity to be cognizant that these drivers are a definite hazard to the flow of traffic. Attempts to cube such unsympathetic drivers may up to other more serious consequences, such as driver confrontations or multiple pile crashes.
All drivers take a job to adjust their tear in status to allow gaps in the interest merging traffic. If drivers suitably place their following distance, these adjustments will be obscure and effectively effectual to the soft roll of traffic. If you are traveling in the settle lane and you compare with a freeway onramp, you should be hip that other movement may try to coalesce either in in advance of you or behind you.
If you can, it is best to affect in of the right lane to tolerate these vehicles easier entrance.
More tips on defensive driving will follow.