Last Thursday Was the Bottom - It's Time to Get Back in [View article]
It's this kind of arrogance that leads a civilization to ruin -- blindly.
The truth is that not a person on this board knows $hit from apple butter in this current environment and the mechanics of manipulation, oversight (regulation), bubble-innovation and even fundamentals are countless levels of smoke and vapor deep.
Folks, the curtain just got pulled off the wizard -- sit back and enjoy the fireworks.
We still have tens of TRILLIONS of dollars in value to vaporize.
On Nov 30 05:51 PM sickofthehype wrote:
> One of the best contrarian indicators is sentiment, and after reading > the comments it appears we're most likely at least 'near' a bottom. > > > 1,000 on the Dow? Nice. Go back to your shack in the mountains > and make sure you have plenty of ammo in the guns. >
Is the $700 Billion Really for Bailing Out the Fed? [View article]
Anyone that thinks the Federal Reserve is an institution which seeks public interest is an idiot. It is a for profit organization, serves little yet takes tremendous!
GET RID OF THE FEDERAL RESERVE AND I WILL CONSIDER A BAILOUT FOR THE RICH.
Where's the Bottom? Still Anybody's Guess
[View article]
I've been taking a lot of time lately to consider "alternatives" that everyone keeps talking about. Out of this reflection, I feel as though Congress has all eyes on the financial crisis. This gives me much more confidence in that my interests both personally, and nationally will be served.
However as much as I despise the socialism of the rich, I think it be prudent to consider that "rich" is simply a concept in which the rest of the world still frowns upon even me.
I'm more and more confident that participation by all will "help" the problem, and now that the rush is mitigated in lieu of sacrifice, I'm ready to move on...
This is my first investor crisis, and as such, have learned a tremendous amount, notably in emotion, and stability.
Though the broader economy is yet another matter, we're all in this boat together, and i think more ores are rowing in the same direction after the last couple of months than the prior decade.
My tone and attitude is changing, and the opportunist is coming back.
History Suggests the Financial Bottom May Be Near [View article]
"I count ten times this year that analysts have prematurely called for a bottom in the financials and each time buyers have been bitten. We at Lone Peak Asset Management have refrained from making any such calls but it must be noted that this action is different. "
Are you serious?
One sentence you're ripping those that call the bottom, the next you build a case supporting that premise. What a joke. You keep thinking that the bottom is near, particularly when the bond markets get swallowed in this storm.
I'll be expecting the next commentary to reflect 11 false bottoms.
I don't know about other posters, but the consolidation of big banks and investment houses into mega-banks in the absence of tremendous transparency scares the living $hit out of me. Now, we're creating precisely the entities that are "too big to fail". Perhaps that's the point.
I smell a rat, and eliminating competition from the financial system is bad, bad news for all.
Bank of America: A Risky Bet That May Be Worth It - Barron's [View article]
Are you crazy? Your examples of "investments" aren't even investments, they are speculative plays for day traders.
M2M accounting is the only thing giving REAL investors any confidence - suspend that and confidence goes even further.
Just because you think you can sweep your $hit under the rug doesn't mean it goes away.
Mark these words BoA is a TERRIBLE play folks, zero transparency and all lies. Why else would the taxpayer be propping them up.
Anyone going long on BoA for long term will be utterly slaughtered.
The WSJ Rewrites History [View article]
Where is trust when content is utterly fallible? There isn't any.
How does one source information that changes? You don't.
WSJ online is a joke. Why bother.
Thanks Felix.
BofA Following Citigroup to $5 or Lower [View article]
Are you serious?! Did even one person on the planet think these guys were honest, or had turned over a new leaf?!
Sorry Charlie, even Ray Charles could see these banks are robbing American's blind. Largest heist in history.
I think they finally opened the book of the tier III assets!
Nationalize Citigroup and Bank of America [View article]
For the love of God, quit paying these banks and the problem will go away!
Last Thursday Was the Bottom - It's Time to Get Back in [View article]
The truth is that not a person on this board knows $hit from apple butter in this current environment and the mechanics of manipulation, oversight (regulation), bubble-innovation and even fundamentals are countless levels of smoke and vapor deep.
Folks, the curtain just got pulled off the wizard -- sit back and enjoy the fireworks.
We still have tens of TRILLIONS of dollars in value to vaporize.
On Nov 30 05:51 PM sickofthehype wrote:
> One of the best contrarian indicators is sentiment, and after reading
> the comments it appears we're most likely at least 'near' a bottom.
>
>
> 1,000 on the Dow? Nice. Go back to your shack in the mountains
> and make sure you have plenty of ammo in the guns.
>
Last Thursday Was the Bottom - It's Time to Get Back in [View article]
The author will be slaughtered along with his following.
If anyone reads this and wants to go long, give their money to me. I'll take 25% and kick you in the "bottom" and hand you your returns.
Bigger is Not Better in Banking [View article]
Also, don't let dumb$hit "W" have any say whatsoever in the conversation.
The Very Slow Thaw [View article]
Do we have any idea how externalities such as foreign "invisible hands" are involved in this?
Wealth transfer overseas finally tipped the boat out of US favor perhaps?
I'm trying to wrap my brain around the shear magnitude of "all trade in the world" unwinding!
...As Shaggy would say: "GAZOINKS!"
Is the $700 Billion Really for Bailing Out the Fed? [View article]
GET RID OF THE FEDERAL RESERVE AND I WILL CONSIDER A BAILOUT FOR THE RICH.
Where's the Bottom? Still Anybody's Guess [View article]
However as much as I despise the socialism of the rich, I think it be prudent to consider that "rich" is simply a concept in which the rest of the world still frowns upon even me.
I'm more and more confident that participation by all will "help" the problem, and now that the rush is mitigated in lieu of sacrifice, I'm ready to move on...
This is my first investor crisis, and as such, have learned a tremendous amount, notably in emotion, and stability.
Though the broader economy is yet another matter, we're all in this boat together, and i think more ores are rowing in the same direction after the last couple of months than the prior decade.
My tone and attitude is changing, and the opportunist is coming back.
History Suggests the Financial Bottom May Be Near [View article]
Are you serious?
One sentence you're ripping those that call the bottom, the next you build a case supporting that premise. What a joke. You keep thinking that the bottom is near, particularly when the bond markets get swallowed in this storm.
I'll be expecting the next commentary to reflect 11 false bottoms.
What's the BofA / Merrill Synergy? [View article]
I smell a rat, and eliminating competition from the financial system is bad, bad news for all.