monday1929

Financials Getting Slaughtered

If those shorts are wrong, or even mos-timed, they will be slaughtered. Do you object to free-markets? Would you like to ban all selling?


On Feb 18 10:23 AM Landman wrote:

> Hedge Funds and Institutional Investors are using Triple Bear Short
> ETF's to pound financial companies into the ground.

Financials Getting Slaughtered

Yeah, an accounting change that turns zeros into hundred dollar bills.


On Feb 18 08:13 AM eddie6442 wrote:

> It's becoming more apparent every day that some very powerful people
> want the US economy to crater. When all it would take are a few "emergency"
> accounting & regulation changes to alleviate the downward spiral
> to "catastrophe, anyone with half a brain can figure this out! <br/>It's
> logic 101 : If A, then B.............
>
> SIMPLE!!!!!!!!
>
> IMHO

Why I'm Committed to the UltraShort Financials ETF

I'm as bearish as they come, but trading is trading, not having a "commitment" to a position. And listing the fundamental reasons now, as opposed to one year ago, why BAC will go down just sounds like a poor trading mindset. Markets do not trade on logic and they never conform to your internal "timeline".
And it is a positive feedback loop(with negative consequences) which is occuring.