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damienhaas » Comments » BAC

  • Dan Loeb: Investment Outlook 'Favorable' Through Mid-2010 [View article]
    I wonder why so many Fund managers are so bullish at PE of 20 times now and not when PE is 10 or 12 during March? Look like market top now. Maybe because they are using other people money to speculate and they still collect management fee even equities come crashing down.
    Dec 02 06:39 am |Rating: +3 0 |Link to Comment
  • Is Dubai's Default a Black Swan Event? [View article]
    The author is trying to be smart. Next up Greece may be defaulting. Italy close to it. So are all these black Swan events? It look like a lot white swans.
    Nov 27 06:14 am |Rating: +16 -7 |Link to Comment
  • Dow Remains Resilient Despite Calls for a Correction [View article]
    This is a typical fund manager analysis that want people to push the stock higher so that they report good numbers at the year end.

    The stock may go higher and as the sayings goes, the higher it goes, the heavier it fall.

    I will rather stay at the sideline, as Art Cashin from CNBC say, It is just an opportunity lost if we don't buy or sell. There are other opportunities If one can wait. Like Gold or commodities when the correction arrived. Equities at this level is not cheap, buying now is like gambling and really not investing.
    Nov 10 05:02 am |Rating: +3 -2 |Link to Comment
  • Four Reasons We're Headed Even Higher [View article]
    If the money hold by the bank is not used for lending, the only way to put into the stock market. So the stock market might go higher and the economy goes the other way for a long time until someone pulled back the liquidity.
    Aug 28 06:43 am |Rating: +30 -8 |Link to Comment
  • Global Markets in Review: More Thoughts on This Rally [View article]
    If you are trader, this environment is good. If you are genuine investor if you will flushing the cash down the drain. That is worst than deflation on your cash.


    On Apr 19 06:13 PM E Nuff Sed wrote:

    > Financial markets are at least 50% irrational, so there is no point
    > psychoanalyzing it. A decision has been made collectively by the
    > G-20 to re-inflate asset prices. Quantitative easing or pump priming
    > whatever you call it - is working. If necessary the Fed is prepared
    > to go to negative interest rates (manufacture inflation) to fight
    > asset deflation. So holding cash is going to cost investors.
    Apr 20 06:11 am |Rating: +2 0 |Link to Comment
  • Letting the Zombie Banks Fail: A Viable Plan [View article]
    Agree with Expat in China

    Cetin, Wall Street Rally because People like Wall Street "Pro" and you are clutching on straws. If you are so sure, maybe you should buy stocks with the maximum leverage allow to you now. Even better, put your family fortune all into the market so that you will become unspeakable rich with this BULL RUN.....................

    Apr 08 10:30 am |Rating: +3 -2 |Link to Comment
  • The Big Banking Emperors' New Clothes [View article]
    "Remember, the banks have the most knowledge and experience in how to handle and manage RISK. They had been doing that for centuries."

    aarc, If the bank know how to manage risk(manage risk by massive leveraging???), we won't be in this mess now.......
    Apr 03 21:16 pm |Rating: +2 0 |Link to Comment
  • Why I'm Holding On to Citigroup Stock  [View article]
    Sound like an ostrich head stuck in the sand...........
    Apr 02 19:09 pm |Rating: 0 0 |Link to Comment
  • Is It Finally the End of the Bear Market? [View article]
    Agree with comments from drbob66. Too many articles get arrived on their findings based on technical analysis. So does it mean that nobody care about market fundamentals?
    Mar 18 00:57 am |Rating: 0 0 |Link to Comment
  • How Cheap Are U.S. Bank Stocks? [View article]
    Agree with all comments, it is earning that counts in the future, not book value.
    Apr 18 22:20 pm |Rating: 0 0 |Link to Comment
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