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by
Nico Isaac
10/23/2009 3:45:00 PM
In case your name happens to be "Gilligan" (first mate of the marooned S.S. Minnow), allow me to break the news to you: According to the mainstream financial experts, the U.S. banking sector has officially been rescued from worst credit crisis since the Great Depression. If this sounds familiar, there's good reason...
Filed Under:
banking sector, Philadelphia Banking Index, KBW Index, credit crisis
Category:
Economy
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by
Nico Isaac
9/15/2009 11:30:00 AM
This day -- September 15, 2009 -- marks the one-year anniversary of Lehman Brothers' collapse, the largest bankruptcy in U.S. history. More than "one for the history books," this event goes down as the "weekend Wall Street died" and re-emerged as Zombieland -- the bleak home to once booming financial firms gone bust, feeding off the lifeblood of federal bailout money.
Filed Under:
credit crisis, financials, banking sector, Citigroup, Wall Street, bank industry
Category:
Economy
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by
Nico Isaac
3/9/2009 5:15:00 PM
Last week saw another nauseating milestone in the ongoing economic crisis. The price for one share of Citigroup is now the same as a McChicken sandwich: A buck and some change. For many, it's the ultimate wake-up call. But what about hearing said "call" before the ALARM bells went off?
Filed Under:
Citigroup, Citi, financial crisis, banking sector, FDIC
Category:
Economy
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by
Nico Isaac
7/28/2008 6:30:00 PM
In times of panic, a drowning man will often pull his rescuer down under water with him. So it goes, one of the most dangerous threats to a Lifeguard’s safety is the very person they are trying to save. Sometimes… the choice must be made to let go. For the U.S. financial sector, that time is now...
Filed Under:
us banks, financial sector, Citigroup, Merrill Lynch, AIG, commercial loans, industrial loans, banking sector
Category:
Economy
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by
Nico Isaac
7/3/2008 10:15:00 AM
In the words of renowned financier Warren Buffett: “Only when the tide goes out do you discover who’s been swimming naked.” The tide of the U.S. credit industry is out. And everyday, more and more titans of finance are found standing in the shallow water without swimming trunks...
Filed Under:
credit crisis, banking sector, deflation, depression, Merrill Lynch, Goldman Sachs: Bear Sterns, write downs, Bank for International Settlements
Category:
Economy
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The Mania Chronicles
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With 700 pages and a large, 8-1/2" x 11" format, it's only a "book" in name. In fact, it's an encyclopedic reference that covers every twist and turn of the rise and (initial) fall of the historic financial bubble - all observed and anticipated in real time via The Elliott Wave Financial Forecast and The Elliott Wave Theorist. |
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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.
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