Citi

[rabot10]

How much would the market have been up it Citi had lost 10.1 billion 500 points? This is the right side up to up side down thing if U ask me. Derrrrrrrrr


http://biz.yahoo.com/ap/080418/earns_citigroup.html

[Mega]

Re: Citi

Rick
I gave up wondering WHY with the market years ago.....but in the end it will catch up.

Mike
BTW Your Euro-pac improved any?

[rabot10]

Re: Citi

Rick
I gave up wondering WHY with the market years ago.....but in the end it will catch up.

Mike
BTW Your Euro-pac improved any?

Mike lol me too, I'm out of Euro-pac they took 3% to get me out - that sucks. Ask Peter whats up with that. I'm thinking about taking them to court - but won't as it's not worth the 6k

Your bud
rick

[c1ue]

Re: Citi

It is the old story - everyone thought it would be worse.

But it IS worse, just not all out yet.

We're still in economic time - and economic midnight is not yet here.

[ax]

Re: Citi

Citi still has $60 billion in bad debt to write down. Who's optimistic about that? Anybody listening to the MSM would have lost their shorts buying XLF all the way down to $22. Citi was being recommended as a "strong buy" all the way down from $50 to $18.

[GRG55]

Re: Citi

Citi still has $60 billion in bad debt to write down. Who's optimistic about that? Anybody listening to the MSM would have lost their shorts buying XLF all the way down to $22. Citi was being recommended as a "strong buy" all the way down from $50 to $18.

It's not the MSM that rated Citi "strong buy". It's the idiot analysts on Wall Street. Go back and look at the ratings they put on Enron all the way down.

I use brokerage house reports as a source of cheap comic relief when I am desperate for amusement, followed by the far more useful purpose of lining the budgie cage.

[ax]

Re: Citi

It's not the MSM that rated Citi "strong buy". It's the idiot analysts on Wall Street. Go back and look at the ratings they put on Enron all the way down.

I use brokerage house reports as a source of cheap comic relief when I am desperate for amusement, followed by the far more useful purpose of lining the budgie cage.

You're correct, it's the MSM's reporting of those analysts' ratings.