BBD ==> The Ides of March Winner

[df21084]

Huge indeed

"Our net profit can be explained by the performance of Bradesco's credit portfolios and to rigid controls over our operational expenses during the period," said Cypriano in a conference call.

"The increase in provisions is in line with the rise of our credit portfolio, in particular, consumer credit," the bank said in a statement.

"I believe that the market for credit cards will increase significantly in the future," said Cypriano.


Source - Copyright (c) 2006 Dow Jones & Company, Inc.- - 12 02 PM EDT 05-08-06

Huge indeed!

[lemonjello]

buyouts

BBD looking interesting on the 5 min chart.


ZURICH, May 9 (Reuters) - Swiss-based bank UBS AG (UBSN.VX: Quote, Profile, Research) unveiled a surprise move to take over Brazilian investment bank Banco Pactual on Tuesday for $2.5 billion in a major thrust into one of the world's fastest-growing financial markets.

[EMphase]

I'm out BBD @ 38.05$US

I will recognize a counting mistake here. BBD isn't behaving as intended. We count 3 waves on the upside that ended near 40.25$US. Now it looks the price is going to do another 3 waves that will visit the 36.00-37.00 range again then go up again... so basically making a larger degree triangle.

Worth it to stay in BBD? If you are in for a while sure but it's probably going to take a few weeks before BBD visit 40.00$ again.

[spikefader]

I will recognize a counting mistake here

Well well well. jejejeje

[Runner]

I'm out BBD @ 38.05$US

I will recognize a counting mistake here. BBD isn't behaving as intended. We count 3 waves on the upside that ended near 40.25$US. Now it looks the price is going to do another 3 waves that will visit the 36.00-37.00 range again then go up again... so basically making a larger degree triangle.

Worth it to stay in BBD? If you are in for a while sure but it's probably going to take a few weeks before BBD visit 40.00$ again.

EMpase- great job and keep it up!!!

[New-born baby]

BBD: a mistake

I'm out BBD @ 38.05$US

I will recognize a counting mistake here. BBD isn't behaving as intended. We count 3 waves on the upside that ended near 40.25$US. Now it looks the price is going to do another 3 waves that will visit the 36.00-37.00 range again then go up again... so basically making a larger degree triangle.

Worth it to stay in BBD? If you are in for a while sure but it's probably going to take a few weeks before BBD visit 40.00$ again.

Thanks for the honesty. We appreciate it. Anybody can make a mistake--I've made lots of them for sure. I try to admit my mistakes and not say too much "I told you so," although some PARL fans may disagree with me.

I think part of your mistake was made by BBD: Bernard Bernake, Director.

[mrmarket]

Thanks for the honesty. We appreciate it. Anybody can make a mistake--I've made lots of them for sure. I try to admit my mistakes and not say too much "I told you so," although some PARL fans may disagree with me.

I think part of your mistake was made by BBD: Bernard Bernake, Director.

NBB...I do not like anything I see about Bernanke....his statements have been inconsistent and he seems to take pleasure in influencing the markets. Very scary.

[New-born baby]

Very Scary

NBB...I do not like anything I see about Bernanke....his statements have been inconsistent and he seems to take pleasure in influencing the markets. Very scary.

MM,
Did you read this post about Mr. Bernake? THIS IS VERY SCARY.

[mimo_100]

MM,
Did you read this post about Mr. Bernake? THIS IS VERY SCARY.

I am not an expert on international currencies. If the dollar continues to weaken, i.e., other countries begin to use other currencies in their exchanges, then it is not smart to be holding anything denominated in US dollars.

Tim

[EMphase]

I am not an expert on international currencies. If the dollar continues to weaken, i.e., other countries begin to use other currencies in their exchanges, then it is not smart to be holding anything denominated in US dollars.

Tim

Thats true unless you hedge your US currency exposition with derivatives.

[DSteckler]

What is a currency exposition?

[EMphase]

I mean exposition of your portfolio to the currency risk.

I.E.:
I'm a canadian investor with a 100 000$ portfolio invested in the US market.
If I buy long futures us/can to cover 50% of the portfolio. I hedged half my portfolio against the currency risk but the other 50% of the portfolio still got exposure to the currency risk.

[DSteckler]

I think you mean "exposure," not "exposition."

ex·po·si·tion [èkspə zísh’n]
n
1. exhibition or fair: a large exhibition, for example, of industrial achievements, sometimes international in scope
2. detailed description or discussion: a detailed description of a theory, problem, or proposal discussing the issues involved, or a commentary on a written text discussing its meaning and implications
3. act of describing or discussing something: the act of describing and discussing a theory, problem, or proposal or commenting on a written text
4. music opening section of a piece of music: the opening section of a piece of music, especially of a sonata or fugue, in which the principal themes are introduced
5. displaying something to the public: the act of showing or displaying something for veneration
6. literature theater revelation of a story’s background: the part of a literary or dramatic work in which the basic facts of setting and character are made known


[14th century. Directly or via French , from the Latin stem exposition- , from exposit- , the past participle stem of exponere (see expound).]
Microsoft® Encarta® Reference Library 2003. © 1993-2002 Microsoft Corporation. All rights reserved.

[EMphase]

Probably, english isn't my main language. Exposition is in french then as in " Exposition au risque lié aux devises".

[DSteckler]

I suspected that was the case, EMphase. Are you located in Montreal?