"That is all." Nice to hear the good news. In other news....
In a recent piece on Focus Taiwan, Jack Tong, president of HTC North Asia, said HTC will double production for its recent flagship, the HTC One. Tong also mentioned the company’s older device, the HTC Butterfly, has seen sales rise since the company lowered the price of the device in Asian markets. To help sales further, the Butterfly will soon receive an update to Sense 5.0, as featured on the aforementioned HTC One. The update will include the Sense 5.0 user interface, the BlinkFeed home screen feed and improvements to the camera, among other additions.
While the Butterfly may not be the hottest phone around right now, it did have many early adopters thanks to a good combination of hardware and the first commercially available smartphone with a 1080p display. No official date has been announced but its safe to assume that Butterfly users will get a taste of Sense 5.0 within the month.
Now they worry about any money they have in the bank. They are afraid it may not be there when they get back.
SPY 66.66 to 166.60 Spooky.
The First Basic Law of Human Stupidity asserts without ambiguity that
Always and inevitably everyone underestimates the number of stupid individuals in circulation.
At first, the statement sounds trivial, vague and horribly ungenerous. Closer scrutiny will however reveal its realistic veracity. No matter how high are one's estimates of human stupidity, one is repeatedly and recurrently startled by the fact that:
A. people whom one had once judged rational and intelligent turn out to be unashamedly stupid.
B. day after day, with unceasing monotony, one is harassed in one's activities by stupid individuals who appear suddenly and unexpectedly in the most inconvenient places and at the most improbable moments.
JOSH is still selling Ben Bernanke suits and the shorts are being annihilated the Feds dual mandate is being fulfilled. AAPL closing in on 432. time to release the short and go long.
Well now you have your answer on why the NY times ran the story, TSLA from 39 at the time of the story to 93. Just like the Wal-Mart Memo!
"Did you see that Fannie is coughing up 59 Billion to the FED in "Dividends" ? The news aint all negative." A bankrupt company reports 59 billion in profits. You don't suppose that the 85 billion a month the FED spends has anything to do with that? If they are so profitable why on earth would someone not start a business to compete with them? Because they are not profitable... in case you are having trouble figuring that out.
I see it as the Government building a house of cards, with Fannie and Freddie and rules on loans that banks were told to follow. There is plenty of blame to go around, trying to control a free market is the problem and any and all attempts to do such will be met with disaster. What I am upset about is the attempt to make this all sound logical when in fact they know, let me say it again, they know it will end in disaster!
"is that this is something they are working on right now." Bernankenstien, created the 2008 situation so this is all very reassuring like telling everyone in Cyprus their bank accounts have been seized.
So why did he back it 2008 and why does he no longer have authority to back it again? But most of all why do you post endlessly on a yahoo message board?
acecentura explained it on Feb. 5 th. Minimum pull back to 161 is all I have to say!