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Talking stocks, trading, and investing in general

amerikajinda

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Chinese stocks down more than 7 percent; trading halted for the day for the second time this week!

fml:foo:
 

MSchapiro

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@ $9.4M I would pretty much call private banks and ask for total return swap and see what rate I can get. A 3% rate is good enough standard of living for a long long time. A 7-8% rate today means high counter party risks with that bank rofl.

BRK big or small is just one heart beat away from losing its Oracle of Omaha.
If I was dealing with ~$180M, this is exactly what I would do. Except I'd probably take out a few million to trade for fun to give myself something to do. And in doing so I'd probably find myself right back here in GreenFrog's position lol.
 

GreenFrog

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Looks like dat Draghi dovishness didn't calm our markets all too much.

Edit: nvm. Dem markets is crazy

The ******* fed better not raise rates four times this year. Good god.

:facepalm:
 
Last edited:

djblisk

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Got scared and sold UA at $64 (bought at $90) yesterday.. now back at almost $70. I'm an idiot.
 

GreenFrog

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Thank god I didn't buy SPXU around 9:45 AM. I just had to press the submit button but I decided against it.

It's a triple short SP500 etf. Dodged a bullet there.
 

GreenFrog

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I know dat feel..
1f622.png
 

chogall

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bought BAC yesterday.....and so it is down today
icon_gu_b_slayer[1].gif
From BAC's presentation.

Reservable criticized exposure increased $2.9B compared to 3Q15, driven by a $2.6B increase in Energy – Energy reservable criticized exposure was $4.7B at 4Q15; increased from 3Q15 due primarily to a downgrade of one large single-name credit supported by a sovereign
 

SkinnyGoomba

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From BAC's presentation.

Reservable criticized exposure increased $2.9B compared to 3Q15, driven by a $2.6B increase in Energy – Energy reservable criticized exposure was $4.7B at 4Q15; increased from 3Q15 due primarily to a downgrade of one large single-name credit supported by a sovereign


Ahh, thank you.

I've been adding to that position on speculation that they will increase the dividend. If energy loans start to sour that may cause them to put off the dividend hikes, but we shall see.
 

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