RE: [RT] Indu and S&P, RealTraders Email List Archive

Well, I guess that means GM is going to be nationalised then. It may be down 98% from its high, but buying here still means a 100% loss when it gets delisted.

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ira
Sent: Friday, 27 June 2008 11:31 PM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Indu and S&P

It was meant as a sarcastic gesture. Yes, it would be illegal for them to use their recommendations to either create a panic for the purpose of covering a short or making a recommendation in order to profit from the gain or be able to sell into the rally. It is just that it is very hard to believe that it is a good idea to short these two stocks at their current levels. Yes, ;they may go lower, but the risk reward ratio just isn't there. I don't believe that they can go to zero or that the U.S government would let them do so. Look at the help the government gave Chrysler years back and the help currently given to the financial sector.

Ira
www.delta100.com

----- Original Message -----

From: Adrian Pitt

To: realtraders@xxxxxxxxxxxxxxx

Sent: Friday, June 27, 2008 12:56 AM

Subject: RE: [RT] Indu and S&P

The SEC would be right on top of that if they did. Aren’t their analysts supposed to be completely separated now from other areas of the bank?

If the SEC found a connection, I would like to think they’d come down on them like a ton of bricks. Any crack in their Chinese walls would be a major breach legally I imagination. It certainly is in Australia. And knowing America the way it is, if you made that statement in public, GS might even sue you LOL.

Adrian

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ira
Sent: Friday, 27 June 2008 5:09 PM
To: Undisclosed-Recipient:;
Subject: [RT] Indu and S&P

Today was not a good day, but tomorrow should be better. I have one question. Did Goldman Sachs give a sell on C and GM in order to cover their short positions? I posted at the web site on the Industrial average and the S&P.

Let us see if it plays out.

Ira
www.delta100.com

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