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Originally posted by RetinoidReceptor
Here is a hedge fund manager who thinks we are going to go down for the rest of July and August. Hey, works for me. It just needs to go down a lot
Originally posted by GreenBicMan
reply to post by Vitchilo
Everyone is waiting for GS..
We know how that is going to turn out of course..
That should put the fire under the financials again hopefully for our next leg..
IBM is always strong as well.. they hardly disappoint - should be interesting
Among Philips' major operations, its health care division showed profit of euro93 million, while lighting showed a loss of euro57 million and consumer products lost euro9 million.
Philips had debt of euro800 million at the end of the quarter but held euro3.6 billion in cash.
Treasury Secretary Timothy Geithner will seek to reassure Gulf Arab states this week that U.S. dollar assets they hold in large quantities remain a strong investment.
A recent decline in Saudi foreign assets shows the purchase of U.S. Treasurys by Washington's Gulf allies, five having currencies pegged to the dollar, at levels seen in the past decades should no longer be taken for granted.
Geithner, offering assurances on the United States' ability to pull out of recession, is combining a visit to Saudi Arabia and the United Arab Emirates, the Arab world's largest and second-largest economies, with a trip to Europe.
Originally posted by DaddyBare
What I'm hearing of the banking industry isn't at all good news but their stocks keep climbing????
SOmedays I just don't get the market at all...