NARSpin's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/129210/comments http://seekingalpha.com/article/86376-financial-focus-fast-money-recap-7-22-08?source=feed#comment-212791 212791 Wed, 23 Jul 2008 19:50:29 -0400 http://seekingalpha.com/article/85932-benefiting-from-the-oil-correction?source=feed#comment-210591 210591 Mon, 21 Jul 2008 10:46:50 -0400 http://seekingalpha.com/article/84862-positive-analyst-call-should-give-aig-a-lift?source=feed#comment-205018 205018 Mon, 14 Jul 2008 08:59:30 -0400 http://seekingalpha.com/article/71778-another-gift-from-the-fasb?source=feed#comment-148618 148618 > unrealistic prices from indices with no good arbitrage, like the ABX.]

This is a poorly researched article. That is completely inaccurate. Banks are not marking to the ABX. They may use the ABX as a guide, but do not mark to it.

Proof is in the pudding - UBS, Citi and Goldman all dumped assets in a firesale that they had carried on the books at *SIGNIFICANT* difference to what they were ultimately sold for. In UBS case, they were carrying toxic alt-a paper at .96, and sold to Billy Gross for somewhere around .80.

]]> Thu, 10 Apr 2008 19:51:28 -0400 > unrealistic prices from indices with no good arbitrage, like the ABX.]

This is a poorly researched article. That is completely inaccurate. Banks are not marking to the ABX. They may use the ABX as a guide, but do not mark to it.

Proof is in the pudding - UBS, Citi and Goldman all dumped assets in a firesale that they had carried on the books at *SIGNIFICANT* difference to what they were ultimately sold for. In UBS case, they were carrying toxic alt-a paper at .96, and sold to Billy Gross for somewhere around .80.

]]> http://seekingalpha.com/article/70937-stock-valuations-on-the-rise?source=feed#comment-135593 135593 =============

Generally, "forward earnings are based on optimistic assumptions aböut earnings growth." (WSJ, today) "...If earnings fall 17.5%-as they have, on average, during the past three years that included recessions, then the forward P/E ratio rises to 20, undermining the idea that stocks are cheap. ...the market does not even seem to have priced in much of an earnings slowdown yet."


www.marketwatch.com/ne...]]> Wed, 02 Apr 2008 19:36:32 -0400 =============

Generally, "forward earnings are based on optimistic assumptions aböut earnings growth." (WSJ, today) "...If earnings fall 17.5%-as they have, on average, during the past three years that included recessions, then the forward P/E ratio rises to 20, undermining the idea that stocks are cheap. ...the market does not even seem to have priced in much of an earnings slowdown yet."


www.marketwatch.com/ne...]]> http://seekingalpha.com/article/70476-act-now-it-s-the-psychological-rally?source=feed#comment-134911 134911
The S&P had the highest short interest EVER. With no uptick rule, and a bunch of noobs shorting for the first time, this isn't unexpected.

www.nasdaq.com/aspxcon...

]]> Tue, 01 Apr 2008 21:45:11 -0400
The S&P had the highest short interest EVER. With no uptick rule, and a bunch of noobs shorting for the first time, this isn't unexpected.

www.nasdaq.com/aspxcon...

]]> http://seekingalpha.com/article/70771-internet-hoax-gooses-stock-market?source=feed#comment-134741 134741
This will go down as the April fools rally.
]]> Tue, 01 Apr 2008 16:29:58 -0400
This will go down as the April fools rally.
]]> http://seekingalpha.com/article/70389-get-out-of-commodities-barron-s?source=feed#comment-133522 133522 Sat, 29 Mar 2008 21:38:43 -0400 http://seekingalpha.com/article/68667-how-to-trade-this-bear-market-barron-s?source=feed#comment-127123 127123 Sun, 16 Mar 2008 11:18:48 -0400 http://seekingalpha.com/article/67035-citigroup-bottoming-plus-some-free-advice-for-meredith-whitney?source=feed#comment-122153 122153 Tue, 04 Mar 2008 18:39:27 -0500 http://seekingalpha.com/article/65918-vornado-s-in-trouble-if-penn-station-deal-fails?source=feed#comment-120854 120854 Fri, 29 Feb 2008 21:48:59 -0500 http://seekingalpha.com/article/66001-monoline-duoline-rescue-plan-5th-time-the-charm?source=feed#comment-118998 118998 Mon, 25 Feb 2008 21:17:13 -0500 http://seekingalpha.com/article/65248-could-citigroup-be-any-more-dysfunctional?source=feed#comment-117953 117953 Fri, 22 Feb 2008 21:42:38 -0500 http://seekingalpha.com/article/65586-financials-offer-patient-bulls-many-opportunities?source=feed#comment-117951 117951 Fri, 22 Feb 2008 21:28:31 -0500 http://seekingalpha.com/article/65729-housing-market-tracker-commercial-real-estate-outlook?source=feed#comment-117950 117950 Fri, 22 Feb 2008 21:24:21 -0500 http://seekingalpha.com/article/63949-commercial-property-prices-continue-to-fall?source=feed#comment-116004 116004 Tue, 12 Feb 2008 22:12:40 -0500 http://seekingalpha.com/article/63030-jobs-contract-as-2007-job-growth-revised-away?source=feed#comment-114563 114563 Mon, 04 Feb 2008 22:19:38 -0500 http://seekingalpha.com/article/62850-u-s-payrolls-negative-17-000-huge-downward-revisions-for-2007?source=feed#comment-114405 114405 Mon, 04 Feb 2008 08:43:13 -0500 http://seekingalpha.com/article/62778-gold-s-just-getting-started-barron-s-interview?source=feed#comment-114403 114403 Mon, 04 Feb 2008 08:38:52 -0500 http://seekingalpha.com/article/61637-greenspan-u-s-recession-far-from-a-done-deal?source=feed#comment-113353 113353 Mon, 28 Jan 2008 22:39:14 -0500 http://seekingalpha.com/article/60012-general-growth-properties-part-iii-the-story-gets-worse?source=feed#comment-110941 110941 Wed, 16 Jan 2008 20:35:31 -0500 http://seekingalpha.com/article/60435-rotation-to-financials-retail-may-have-begun?source=feed#comment-110939 110939 Wed, 16 Jan 2008 20:32:07 -0500 http://seekingalpha.com/article/58607-5-tactics-for-2008?source=feed#comment-107564 107564 Mon, 31 Dec 2007 19:10:17 -0500 http://seekingalpha.com/article/58587-pick-up-undervalued-financials-barron-s-interview?source=feed#comment-107553 107553 Mon, 31 Dec 2007 18:16:50 -0500 http://seekingalpha.com/article/58537-simon-property-group-my-kind-of-dividend-growth?source=feed#comment-107255 107255 Fri, 28 Dec 2007 16:06:55 -0500 http://seekingalpha.com/article/56979-another-fantasyland-call-from-the-nar?source=feed#comment-104971 104971 Tue, 11 Dec 2007 23:06:38 -0500 http://seekingalpha.com/article/56817-pending-home-sales-climb-unexpectedly?source=feed#comment-104825 104825 Mon, 10 Dec 2007 19:30:36 -0500