Comments on: Professor Jeffrey Frankel on the Recession http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 20:55:33 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: karen http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125686 karen Wed, 12 Nov 2008 02:38:07 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125686 so sorry for the triple post... blame barry : ) i'm embarrassed; but my first post wouldn't take. i do not have a photographic memory and i finally figured, after 3 strikes, i'm out... glad you enjoyed the michael lewis link, as did I! so sorry for the triple post… blame barry : )

i’m embarrassed; but my first post wouldn’t take. i do not have a photographic memory and i finally figured, after 3 strikes, i’m out…

glad you enjoyed the michael lewis link, as did I!

]]> By: I-Man http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125630 I-Man Tue, 11 Nov 2008 21:35:17 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125630 @ KAREN: Karen, You rock. Thanks for posting that link to the Lewis article... a must read. I'd like to share my favorite quote from the article. “It’s laissez-faire until you get in deep shit." -John Gutfreund @ KAREN:

Karen, You rock. Thanks for posting that link to the Lewis article… a must read.

I’d like to share my favorite quote from the article.

“It’s laissez-faire until you get in deep shit.” -John Gutfreund

]]> By: Steve Barry http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125629 Steve Barry Tue, 11 Nov 2008 21:21:40 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125629 DP: Great...thanks for the new data...and yes, we are well off our lows of the day. Another mustard seed. DP:

Great…thanks for the new data…and yes, we are well off our lows of the day. Another mustard seed.

]]> By: DP http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125628 DP Tue, 11 Nov 2008 21:17:02 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125628 On the shorts question, Nasdaq just put this out: <i>Short interest in 532 securities on The NASDAQ Capital Market(sm) totaled 145,998,762 shares at the end of the settlement date of October 31, 2008, compared with 154,938,214 shares in 530 securities for the previous reporting period. This represents 3.95 days average daily volume, compared with the previous reporting period's figure of 3.90. In summary, short interest in all 3,142 NASDAQ(r) securities totaled 7,858,548,859 shares at the end of the October 31, 2008 settlement date, compared with 3,139 issues and 8,113,949,271 shares at the end of the previous reporting period. This is 2.73 days average daily volume, compared with an average of 3.43 days for the previous reporting period. The open short interest positions reported for each NASDAQ security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.</i> On the shorts question, Nasdaq just put this out:

Short interest in 532 securities on The NASDAQ Capital Market(sm) totaled 145,998,762 shares at the end of the settlement date of October 31, 2008, compared with 154,938,214 shares in 530 securities for the previous reporting period. This represents 3.95 days average daily volume, compared with the previous reporting period’s figure of 3.90.

In summary, short interest in all 3,142 NASDAQ(r) securities totaled 7,858,548,859 shares at the end of the October 31, 2008 settlement date, compared with 3,139 issues and 8,113,949,271 shares at the end of the previous reporting period. This is 2.73 days average daily volume, compared with an average of 3.43 days for the previous reporting period.

The open short interest positions reported for each NASDAQ security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.

]]> By: DP http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125626 DP Tue, 11 Nov 2008 21:08:29 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125626 But don't forget Steve, "we closed well off the lows of the day" :) But don’t forget Steve, “we closed well off the lows of the day” :)

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125625 Mark E Hoffer Tue, 11 Nov 2008 21:07:48 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125625 On the recession theme, this: http://www.chycho.com/?q=chycho_economics_2008 is well done, and informative.. On the recession theme, this: http://www.chycho.com/?q=chycho_economics_2008

is well done, and informative..

]]> By: karen http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125623 karen Tue, 11 Nov 2008 20:56:11 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125623 we aren't in kansas anymore! we're in montana where it's said, "if you don't like the weather, wait 10 minutes." this isn't a market, it's a casino. or maybe a rode and we are the clowns. we aren’t in kansas anymore! we’re in montana where it’s said, “if you don’t like the weather, wait 10 minutes.”

this isn’t a market, it’s a casino. or maybe a rode and we are the clowns.

]]> By: karen http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125622 karen Tue, 11 Nov 2008 20:52:39 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125622 oops, looks like we're in Montana now, if you don't like the weather, wait 10 minutes. this isn't a market, this is a casino. or maybe a rodeo and we are the clowns... oops, looks like we’re in Montana now, if you don’t like the weather, wait 10 minutes.

this isn’t a market, this is a casino. or maybe a rodeo and we are the clowns…

]]> By: karen http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125619 karen Tue, 11 Nov 2008 20:41:13 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125619 yeah, but Steve, just wait 10 minutes. only kidding... this market is so broken; i'm not sure if it can ever be fixed. heck, we can't even call it a market. it's a casino. yeah, but Steve, just wait 10 minutes. only kidding… this market is so broken; i’m not sure if it can ever be fixed. heck, we can’t even call it a market. it’s a casino.

]]> By: Steve Barry http://www.ritholtz.com/blog/2008/11/professor-jeffrey-frankel-on-the-recession/comment-page-1/#comment-125618 Steve Barry Tue, 11 Nov 2008 20:35:05 +0000 http://www.ritholtz.com/blog/?p=8951#comment-125618 JM: You WERE right...for about an hour JM:

You WERE right…for about an hour

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