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nmelendez » Comments » BAC

  • Sobering Stat: ARMS Index Indicates Market Is at Peak, Not Bottom [View article]
    Look, this is a trader's market. FORGET LOGIC!!! When you see a stock starting up, follow it 60% then sell, sell, sell. I bought in March. I now sold enough stock, which was only 20% of my holdings, to recoup my investment. When my other stocks go down 15% i will sell them all and wait for a bottom...and buy again....and again....and again! My total gain on this trade will be around 340%. Tha'ts the way you play this market. I suggest you learn the rules.
    Aug 29 18:10 pm |Rating: +2 -5 |Link to Comment
  • Are Financial Stocks Preparing for 'The Fall'? [View article]
    Theyre trading them up to then short them. It's not new money in the market, It's Uncle Sam's (YOU'RE money) being traded. Suckers :P
    Aug 19 18:22 pm |Rating: +12 -2 |Link to Comment
  • Five Reasons the Market Could Crash This Fall [View article]
    So if one goes bankrupt the others collect? Kinda lika when lehman went belly up? Your statement is not "quite" accurate....emphasis on the quite.


    On Aug 04 12:10 PM contracontrarian wrote:


    > Any one particular Wall Street firm can lose everything they have
    > or even more,but other Wall Street firms would earn the same amount
    > at the same time,as they are on both sides of those derivative positions.
    > Alltogether "Wall Street" can not lose money on their derivatives...
    Aug 06 23:13 pm |Rating: +1 0 |Link to Comment
  • Where's the Derivatives Exposure? [View article]
    Derivatives are used to increase earnings. Let's take for example a house you buy. You have three components..the interest you pay, the property and the insurance on the property. The bank takes each instrument and sells them individually. Then it insures each component by putting a rating, which, BTW, the bank pays for..as a type of insurance. So there you go. The you have 6 SIV's and the only item that has value is the house. The rest is air.
    All these SIV's are bundled, so that gives you a small idea of the mess these banks made. What's in each bundle? Care to guess?
    Jul 27 22:36 pm |Rating: +3 -1 |Link to Comment
  • Move Over Fed, California's Now Printing Its Own Money [View article]
    Arnold Schwarzenger on the front of the warrant ad daffy duck on the back....dat..dat..dat.... all folks!!!!!
    Jul 04 15:00 pm |Rating: 0 0 |Link to Comment
  • Government Intervention: 'Kill the Chicken to Scare the Monkey'  [View article]
    You want to know what's really funny? So many complaining about Govt intervention in the markets and then they go buy chinese stocks. Who the hell you think owns the stocks in a Communist country? Dang people are dumb.
    Apr 01 21:12 pm |Rating: 0 0 |Link to Comment
  • FASB Unlikely to Suspend Mark to Market  [View article]
    The Real Truth:

    All they had to do was switch the MBS from M2M to Mark to maturity and they would not have had any losses, This was all a short selling scheme to ripoff your retirement. Now in a depression their dollars will be worth much more and you will be in the doghouse. Congrats and remember if anything goes down more than 10% GET THE F#$% OUT!!!! Me, i made 4000 last year trading. Thank you for your contribution to my retirement!!!!
    Mar 15 00:39 am |Rating: 0 -2 |Link to Comment
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