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...
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?
Barron's Big Money Poll: Bullish, But with Little Conviction [View article]
I do hope the market jumps next week. That means gold goes down and i can accumulate more. However if gold rises with the market BEWARE!!! That means there is little belief in the market.
People, this is a once in a lifetime opportunity to buy stocks, before the banks can roll in. Go in easy. I am all cash in my 401K. However i am buying good dividend paying stocks and gold/miners. Started buying like i would have 25 years ago. Taking it easy while my cash is safe. Slowly rolling in, especially Argentina and Brazil.
So why do you buy them? I'm buying stocks paying 5.9% dividend. I'm putting away 15% of my salary in my 401K. gives me a 33% tax break and lowers my tax bracket. Buying gold and gold mineing stocks. To hell with CD's and banks. I also get 7% dividend from my Credit Union on my shares. Why the heck would any idiot buy CD's at 1.5% when even 30 year treasuries provide 3.75%. At least try savings bonds.
On Apr 17 03:09 PM Moon Kil Woong wrote:
> The Treasury and Fed are precipitating the fall of M2. Why should > banks borrow when they can sit around and wait for free government > money. Why should they lend when they can just jack up the rates > because the government has lowered the rate people get for savings > to almost nothing making spreads between loaning and borrowing huge. > > > How do banks pay for their mess. By paying you 1.5% to nothing for > depositing and charging you a 5-20% spread for everything else. If > you haven't figured it out look at your credit card interest, mortgage > interest, and whay you get at the bank for a CD or money market deposit. > > > They are laughing at you all the way to the bank.
Stock Rally Built on Fundamental Sand [View article]
Now we can value assets however we want and leverage all stocks at 2,000,000,000:1. S&P at 40,000!!!! WOW. Jump in the waters fine, just a few sharks in the water :)
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.
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!!!!
Global Earnings Downturn Only 25% Done - Citi [View article]
Who pays them? The same idiots that put their money in mutual funds and those who like to donate their money to you and me.
On Jan 08 05:31 PM HiSpeed wrote:
> Equities are NOT cheap yet - earnings still need to be ratcheted > down much lower from here. > > Once they are, we see SPX is actually very expensive here at SPX > 900s, the P/E is in the 20s (once earnings are adjusted down which > IS where they are going)! SPX in 500s this year seems like a reasonable, > realistic target. > > The idiots we call 'analysts' are once again, very wrong. Who on > earth PAYS these people to make such bad calls?!?
S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
It's going down to 550-600 after a bear market rally to 1200. Look at the head and shoulders formation coming in from 2000 to 2009 and project it to 2012. The banks will make out like big dogs since they are buying japanese, chinese and UAE money. When the dollar goes to hell they will be ok but the average folks will be wiped out.
Are Financial Stocks Preparing for 'The Fall'? [View article]
Five Reasons the Market Could Crash This Fall [View article]
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...
Where's the Derivatives Exposure? [View article]
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?
Forget the 1930s; We're Reliving 1975 (Part 1) [View article]
On Jul 20 07:26 PM Tomcat101 wrote:
> This is plausible. Obama is a black Jimmy Carter. I can see the
> market range trading for years. That's if we're lucky.
Barron's Big Money Poll: Bullish, But with Little Conviction [View article]
Despite Fed, Money Supply Contracting [View article]
Despite Fed, Money Supply Contracting [View article]
On Apr 17 03:09 PM Moon Kil Woong wrote:
> The Treasury and Fed are precipitating the fall of M2. Why should
> banks borrow when they can sit around and wait for free government
> money. Why should they lend when they can just jack up the rates
> because the government has lowered the rate people get for savings
> to almost nothing making spreads between loaning and borrowing huge.
>
>
> How do banks pay for their mess. By paying you 1.5% to nothing for
> depositing and charging you a 5-20% spread for everything else. If
> you haven't figured it out look at your credit card interest, mortgage
> interest, and whay you get at the bank for a CD or money market deposit.
>
>
> They are laughing at you all the way to the bank.
Mark to Make-Believe [View article]
Stock Rally Built on Fundamental Sand [View article]
Government Intervention: 'Kill the Chicken to Scare the Monkey' [View article]
FASB Unlikely to Suspend Mark to Market [View article]
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!!!!
Global Earnings Downturn Only 25% Done - Citi [View article]
On Jan 08 05:31 PM HiSpeed wrote:
> Equities are NOT cheap yet - earnings still need to be ratcheted
> down much lower from here.
>
> Once they are, we see SPX is actually very expensive here at SPX
> 900s, the P/E is in the 20s (once earnings are adjusted down which
> IS where they are going)! SPX in 500s this year seems like a reasonable,
> realistic target.
>
> The idiots we call 'analysts' are once again, very wrong. Who on
> earth PAYS these people to make such bad calls?!?
S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
S&P Set for 50%+ Gains? Not So Fast, UBS [View article]