Comments on: Running on Hope http://www.ritholtz.com/blog/2009/02/running-on-hope/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 13:30:51 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: gms777 http://www.ritholtz.com/blog/2009/02/running-on-hope/comment-page-1/#comment-146357 gms777 Tue, 17 Feb 2009 19:34:16 +0000 http://www.ritholtz.com/blog/?p=19228#comment-146357 Funny. Though the obligatory goofing on churches-in-politics left me feeling cheerless. I'm hearing more and more announcements in my church asking people to buy food and bring it to the church so it can be delivered to those who feed the homeless or those in need. Basic staples: spaghetti, peanut butter, macaroni, tuna fish, rice. I'll bet stats. show that church attendance has risen dramatically in the past six months... Funny.

Though the obligatory goofing on churches-in-politics left me feeling cheerless.

I’m hearing more and more announcements in my church asking people to buy food and bring it to the church so it can be delivered to those who feed the homeless or those in need.

Basic staples: spaghetti, peanut butter, macaroni, tuna fish, rice.

I’ll bet stats. show that church attendance has risen dramatically in the past six months…

]]> By: Mannwich http://www.ritholtz.com/blog/2009/02/running-on-hope/comment-page-1/#comment-146318 Mannwich Tue, 17 Feb 2009 17:37:40 +0000 http://www.ritholtz.com/blog/?p=19228#comment-146318 @lb: I'm also doing quite well with QID (loaded up here recently), SRS, EEV and FAZ today. Of course my longs are getting crushed, so I won't make as much headway as Mr. Barry (he of the enormous cojones). I just nibbled at some more DIG and ACI a short time ago. @lb: I’m also doing quite well with QID (loaded up here recently), SRS, EEV and FAZ today. Of course my longs are getting crushed, so I won’t make as much headway as Mr. Barry (he of the enormous cojones).

I just nibbled at some more DIG and ACI a short time ago.

]]> By: leftback http://www.ritholtz.com/blog/2009/02/running-on-hope/comment-page-1/#comment-146317 leftback Tue, 17 Feb 2009 17:27:23 +0000 http://www.ritholtz.com/blog/?p=19228#comment-146317 Another day, another $8B, Jeff. I wonder if this is the one Harry Markopolos mentioned. You're right, this is ugly. There will be more of these frauds/scams/Ponzis, especially in the offshore arena. It's very, very bleak out there today. I wonder if we are getting set for a counter-trend rally this week? Quite a few of us flagged those over-priced tech stocks last week and today Steve Barry is raking it in. The banks continue to bleed, XLF close to its lows again. Surely intervention lurks in the wings? Another day, another $8B, Jeff. I wonder if this is the one Harry Markopolos mentioned.
You’re right, this is ugly. There will be more of these frauds/scams/Ponzis, especially in the offshore arena.

It’s very, very bleak out there today. I wonder if we are getting set for a counter-trend rally this week?
Quite a few of us flagged those over-priced tech stocks last week and today Steve Barry is raking it in.
The banks continue to bleed, XLF close to its lows again. Surely intervention lurks in the wings?

]]> By: Mannwich http://www.ritholtz.com/blog/2009/02/running-on-hope/comment-page-1/#comment-146308 Mannwich Tue, 17 Feb 2009 16:40:20 +0000 http://www.ritholtz.com/blog/?p=19228#comment-146308 SEC accuses Stanford Group of "massive fraud". Another enormous Ponzi Scheme that many on Wall Street probably knew about but said/did nothing because of their little "code" among thieves. This is getting really ugly. SEC accuses Stanford Group of “massive fraud”. Another enormous Ponzi Scheme that many on Wall Street probably knew about but said/did nothing because of their little “code” among thieves. This is getting really ugly.

]]> By: JustinTheSkeptic http://www.ritholtz.com/blog/2009/02/running-on-hope/comment-page-1/#comment-146304 JustinTheSkeptic Tue, 17 Feb 2009 15:48:37 +0000 http://www.ritholtz.com/blog/?p=19228#comment-146304 "RUNNING ON EMPTY!" “RUNNING ON EMPTY!”

]]> By: Marcus Aurelius http://www.ritholtz.com/blog/2009/02/running-on-hope/comment-page-1/#comment-146296 Marcus Aurelius Tue, 17 Feb 2009 14:59:41 +0000 http://www.ritholtz.com/blog/?p=19228#comment-146296 Mark Twain and Will Rogers would be proud. You know we're in trouble when the "serious" pundits always get it wrong, and the comedians always get it right. Mark Twain and Will Rogers would be proud. You know we’re in trouble when the “serious” pundits always get it wrong, and the comedians always get it right.

]]> By: Chief Tomahawk http://www.ritholtz.com/blog/2009/02/running-on-hope/comment-page-1/#comment-146291 Chief Tomahawk Tue, 17 Feb 2009 14:51:50 +0000 http://www.ritholtz.com/blog/?p=19228#comment-146291 Pretty good. But I think it's erroneous to say the special interests exist only between the different branches of Congress. I think they've been influencing presidential policy (and by extension the last Geithner plan) for quite sometime. Pretty good. But I think it’s erroneous to say the special interests exist only between the different branches of Congress. I think they’ve been influencing presidential policy (and by extension the last Geithner plan) for quite sometime.

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