Tonight, I pulled up this board and found that
several messages posted earlier than today were not shown
when I pulled up this board at work today. Could
SunTrust be censoring here? Maybe they are tracking who
among their employees is viewing/posting on this board.
A question for those of you knowledgeable about
intranets, is this possible?
-Greenspan, "connected", and
-Wants to basically drive a protacted Bear market( and
his proceeding to do so)
-Read, that pushing
investment capital under
This has been and is his goal- although he
deny (as he did in Senate hearing),
that he even
factored or looked at stock markets-- greensapn speak -
only looking at overall economy
Almost as if-
he'd like to deny his speeches
about wealth affect,
and irrational exurabence
In reality , many
investors todays, have never experienced a "prolonged bear
type market", so
maybe this dose of medicine isnt
Sad part is - that his weapon is
interest rates hikes,
and of course, we all know that
banks, financial service companys are the hardest hit.
It's guys like us that make a market...and don't
count out BLUE...when he moves in to buy that's the
true signal. So all OUR BS=40-100 range?
on the Crestar thing....let the #s do the
talkin...not the disgruntled employees...
STI's price of $85 in August 98 had at least
$10-$15 of merger premium built in. Although I still
would consider STI an eventual takeover candidate, the
rest of the financial stocks have been simultaneously
pummelled and are no position to do a deal. The posts on
this board from Crestar employees would cast doubt in
your analysis of a successful Crestar integration.
Finally, your comment about a rate peak in the near future
comes from where??? The CPI figure released today shows
no sign of a weakening of the economy and is certain
to propel future rate hikes (explaning the market
tank today). When STI hit $85, we were in the middle
of the Asian/Latin crisis of 1998, with a huge
flight to quality in US Treasuries. This caused very low
interest rates with a flat yield curve--heaven for bank
stocks. We ain't close to that type of scenario today.
All this BS=$40.
In August '98 STI was @ 85.Then Crestar
announcement came and hello "crash". Then interest rates
starting going up and banks just ain't gona rise with
increasing rates and a new merger to absorb....NOW comes a
succesful merger absorbtion of Crestar, interest rates
moving towards a peak, a battered stock price.....If
rates peak this summer/fall, then a return to old high
of 85 area, PLUS a nice kick to new high. All this
BS = 100.
Youbetcha I remember you.....best poster STI ever
has had...STI is THE premimum REGIONAL now with
steady, great results. Another good quarter...seems like
they've got their act together and are ahead of plan with
Now's the time to load up and wait
for interest rates to peak...then HELLO 100 for
What's your take on interest rates???