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into dark shadows

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  • Another prominent bear throws in the towel, with Morgan Stanley's Adam Parker upping his year-end S&P estimate to 1600 from 1434 previously. "The debate isn't whether consensus (earnings) estimates are too high ... the debate is, will anyone care." Previous: Richard Russell wants in, and Greenspan calls stocks significantly undervalued. [View news story]
    Excuse me David, I was talking about recent times.
    I do not remember any day in 2008 when the market was halted for even the 1/2 hour "time out", now if you are talking about something else...
    I am talking about the quarterly(reset to reflect the closing value of the index at the end of each quarter) reset circuit breakers that will actually shut the market down if it drops more than 20 % after 2 P.M. so I just want to make sure we are talking about the same thing sir.
    We will see massive market moves when Bernanke and his minions are finally exposed for the frauds they are!
    The low's of March 2009 will be retested at some point.
    Massive caution advised...
    Mar 18, 2013. 03:18 PM | Likes Like |Link to Comment
  • Another prominent bear throws in the towel, with Morgan Stanley's Adam Parker upping his year-end S&P estimate to 1600 from 1434 previously. "The debate isn't whether consensus (earnings) estimates are too high ... the debate is, will anyone care." Previous: Richard Russell wants in, and Greenspan calls stocks significantly undervalued. [View news story]
    Right Mick, and Bernanke is doing the lord of the underworlds!
    This perversion is as putrid as it gets!
    When something finally knocks this spinning top off its axis, look out below!
    I have never seen a day where the markets trip the so called circuit breakers, but I think one day real soon, limit down and close the cesspool for the day!
    Lord have mercy!
    Mar 18, 2013. 12:25 PM | Likes Like |Link to Comment
  • Google (GOOG) looks like it will again get away with breaches of privacy - in the U.S. at least - with the company reportedly nearing an agreement with over 30 states to pay just $7M to settle allegations that it improperly collected personal information over a three-year period when mapping its Street View service. A deal could be announced this week. [View news story]
    So what!
    Did you think they would get smacked by an administration who clearly endorses Google and its practices?
    My response to hypocrites like Buffett / Google / Facebook and any other "Tax them / enforce rules for them, but NOT for me" is quite simple!
    Do NOT SUPPORT them!
    Period!
    Use a different search engine,
    shun Facebook and leave Buffett to his own Greed and Dishonesty!
    As mom once said,
    If Little Barry jumps off a bridge,
    or you going to follow him?
    Life is simple folks, just take back your life and leave the rich and famous to wallow in their own progressive misery!
    Don't forget,
    they know better than you,
    you are to stupid to know when you have had enough soda with your pizza!
    Lord have mercy!
    Mar 10, 2013. 01:20 PM | 1 Like Like |Link to Comment
  • The dollar's surge to a three-and-a-half year high against the yen will only go higher, says Dennis Gartman. He expects it to hit 125 against the yen within the next two years. "I've been short since October," Gartman says. "I really, honestly, see no reason to be anything other than that." The yen has already weakened around 18% against the dollar since mid-November, as Japan's Liberal Democratic Party pledged a more dovish approach to monetary policy to revive the Japanese economy. (Video[View news story]
    Look at the chart of the dollar, say all you will, but the chart is bullish!
    Just one hiccup somewhere, anywhere and this market will come crashing down all around Bernanke and the Fed!
    Then there is NOTHING left for Bernanke to do but pull a Greenspan!
    I was not wrong, the models / indicators were wrong!
    Lord have mercy!
    Mar 9, 2013. 12:41 AM | Likes Like |Link to Comment
  • The U.S. economy is ready to take off, says BlackRock's Larry Fink, and a push by U.S. banks to make new loans should help lead the way. "Aggressively” stepping up lending, he said, would spur hiring by businesses which would bolster economic growth. Capitalization is not the issue here. "Our banks are the best capitalized institutions in the world," Fink says. "The problem for banks going forward is making sure they originate enough loans." Which, in turn, is also the solution for sparking economic growth. (Video). [View news story]
    Come on man! (Mr. Fink).
    One word is missing sir,
    DEMAND!
    This is a joke and the working man / woman are the brunt of this garbage!
    If things were so dang good, we could give those people who worked and played by the rules all their lives something more than the lousy .20 % they get on their life savings!
    This fed has and continues to distort and destroy the once mighty Free Market System that has made this country the envy of the world!
    A true recovery would not be forcing those among us who can least accept the added level of risk we are being forced to endure!
    And if I hear how the money on the sidelines is going to come rushing back into this perversion of a stock market one more time, I will puke!
    Mar 9, 2013. 12:37 AM | 4 Likes Like |Link to Comment
  • The EU core needs higher inflation, says IMF chief Lagarde, urging the ECB to cut rates further. "Restoring a sense of balance ... might mean allowing somewhat higher inflation and wage growth in countries like Germany." The euro (FXE) gives up 30 pips, now flat on the session at $1.3104. [View news story]
    HIGHER INFLATION?
    Hey lady,
    how about higher
    JOBS,
    My God you are so out of touch with reality it is almost funny if it weren't so damned sickening!
    Lord have mercy!
    Mar 8, 2013. 08:39 AM | Likes Like |Link to Comment
  • February Nonfarm Payrolls: +236K vs. consensus +160K, 119K previous (revised from +157K). Unemployment rate 7.7% vs. consensus 7.9%, 7.9% previous. [View news story]
    Really?
    Wow, I guess that all is well?
    Not in my neck of the woods where we actually eat food and have to work for a living.
    10.5 Real U/E rate here in N.E. Pa., but what the hell we can all get I-pads for a cheaper price ala Bill Dudley!
    Please!
    Mar 8, 2013. 08:35 AM | 3 Likes Like |Link to Comment
  • There's no evidence we are in a bubble right now, says St. Louis Fed chief Jim Bullard, appearing on Bloomberg. Notable in the discussion is Bullard apparently dropping any of his previous musings about imminent tightening. He calls 200K a good benchmark for NFP - not a prediction for today, but a number he would like to see on a regular basis. [View news story]
    Of course there's no bubble,
    these fed heads never see a bubble till it BLOWS UP IN THEIR FACES!
    How could he see a bubble?
    When you live in an ivory tower and are NOT in tune with the poor working man / woman, you will never see that for which you simply are NOT LOOKING FOR!

    Hey buddy,
    take it from me, a once true believer in the "Once Free Market System",

    There IS a Bubble!

    A fed INDUCED BUBBLE!
    Now send me some money for doing your job, I am all but wiped OUT by your policies!
    Mar 8, 2013. 08:22 AM | Likes Like |Link to Comment
  • The Fed is considering abandoning its plan to eventually sell the trillions of dollars of bonds it's bought and just let them mature instead. The move would prevent the disruption of markets that might come with big sales, and it would prevent any losses if and when interest rates rise, not to mention any subsequent criticism from Capitol Hill. There might be some economic benefits too. [View news story]
    No!
    Nothing this fed has been doing is GOOD!
    Or is it ETHICAL!
    The Bernanke fed is a perversion!
    It is not natural and if it were an animal in the animal kingdom it would be taken out and KILLED!
    There is nothing good being done by the progressives in power, be it the fed or this administration!
    The working man / woman is having their standard of living destroyed and their children are being set up for NEVER being able to attain the standard of living of their parents, just look at the kids coming out of college today!
    The "Fabian Socialist Society" is doing its life work, "Molding the world into a "system" closer to their hearts desire",
    whatever that may turn out to be!

    "Lord forgive them for they know not what they do",
    unfamiliar with that quote?
    It is what Jesus is said to have begged the father as he withered in pain, dying on the cross!

    Please, those who direct the show,
    turn back while there is still time,
    capitalism and the once "Free Market System" have done more than anything in history to raise the most out of poverty.
    String theory states you CAN change the lane you are in,
    change now, for the sake of the free!
    Mar 8, 2013. 08:03 AM | 1 Like Like |Link to Comment
  • Fed Stress Tests: Ally Financial is the only bank not meeting the Fed standards.  All of the other 18 holding companies showed a Tier 1 Common Ratio higher than 5% under the central bank's severe loss scenario. [View news story]
    Shocking!
    Isn't it?
    Not at all!
    All is well, stay calm...
    Buy stock,
    buy more stock!
    Mar 7, 2013. 04:40 PM | 1 Like Like |Link to Comment
  • Feb. ADP Jobs Report: +198K vs. +173K consensus, 192K prior. [View news story]
    Rah rah rah ey buddy?
    Pump and dump 'em,
    if you got 'em!
    The system we are forced to "PLAY" in is hopelessly broken!
    Perverted by the master of market perversion,
    the one the only,
    Benny the bookie and his ever faithful suck up,
    Janet, I should beg forgiveness for the pain I inflict on the working slobs, Yellen!
    This is NOT the once mighty "FREE MARKET SYSTEM"
    no sir!
    Mar 6, 2013. 08:27 AM | Likes Like |Link to Comment
  • "There's a lot of liquor out there now," says Paul Volcker, wondering at what point the Fed will begin to remove the punch bowl. He concedes a chance of moving too early, but "the much more frequent mistake ... is you go too slow." Earlier at the same conference, Janet Yellen argued there's no reason to even consider shutting the party down yet. [View news story]
    How disgusting?
    Yellen should be held accountable for this total lack of compassion for the working slob who does NOT have any money left from all the wonderful manipulating her boss and chief bubble blower Benny the Bookie to play the "stock's can NEVER go down" game!
    Excuse me Madame, you are complicit in the greatest stock market BUBBLE in history!
    Greenspan at least tried to B..S. his way through his bubbles and had "No Idea" the Bubble was forming!
    Hey Al, yeah,
    wink wink nod nod!
    Then Bennie the Bookie shows up and blows the housing bubble and now admits to supporting the Markets. Sir, you are in contempt, lying in front of congress and your "We will not monetize the debt" speech should have landed you in jail!
    The destruction of the once "Free Market System" by this Fed and specifically Bernanke and Yellen will go down in history, if the Republic survives.
    But all is well, go buy more stock and drive the markets into the "New High" area where Goldman will short the bejesus out of this perversion all the while on C.N.B.C. touting how wonderful this buying opportunity will be for all the small people who have no money left to play this Ponzi Game!
    God save the Republic
    Mar 4, 2013. 05:19 PM | 1 Like Like |Link to Comment
  • Berkshire Hathaway (BRK.B) is starting to look like an index fund, but with greater specific company risk, writes Cullen Roche. He notes the diminishing returns of book value gains relative to the S&P 500 - 14% in Berkshire's first 20 years, 5.6% in the last 20, 3.9% in the last 5. Berkshire is so big, he wonders if it can continue to outperform to a degree outweighing the risks of owning a single holding company. [View news story]
    An index fund?
    Really?
    I'd say it looks more like a government sanctioned "Insider Trading" vehicle for a fat cat who is as dishonest with regard to his taxes and his secretary and her "Income Tax" liabilities as you can get!
    Why is Buffett above everyone else?
    Why is Jon Corzone allowed to wreck havoc on thousands of peoples lives and livelihoods?
    Where is the standard?
    Where is the ethic?
    There is none with regard to Buffett /Corzine / and the total destruction of the worlds once greatest "Free Market System" that Bernanke and the fed has come out and admitted to supporting, or where I come from its called manipulating!
    Today's action is a classic tell, disgusting, in your face manipulation!
    Mar 4, 2013. 04:36 PM | Likes Like |Link to Comment
  • While unemployment remains high, corporate profits have been growing, with companies being able to keep down wages due to the stagnant job market and make more money with fewer workers. Earnings have risen at an annualized 20.1% since the end of 2008 but disposable income just 1.4%. "There hasn't been a period in the last 50 years where these trends have been so pronounced," says Barclays economist Dean Maki. [View news story]
    You fool!
    Screw earnings, they are as misleading as Slobama!
    Earnings are being goosed by share buybacks (reducing the shares and lifting reported earnings) and the so called miracle of Super M&A the talking heads are always waxing poetic about!
    Hey lying good for nothings, all the so called M&A has done
    is resulted in massive lay -offs!
    There is no middle class end user demand, think CRAPPLE has been immune to the out of reach "TOY'S" people have finally woken up to the fact they can't EAT!
    Walmart is a grocery store now, people are only buying the absolutely necessary to survive essentials!
    FOOD AND CLOTHING Dean!

    This propaganda administration and the lame street media are complicit in causing the soon to come next leg down!
    Re-test of 2009 lows over the next two years?
    When the jig is finally up, beware the "Top Down" takeover this administration has been readying for over the past five years!
    God save the Republic!
    Mar 4, 2013. 11:55 AM | Likes Like |Link to Comment
  • The Fed's asset purchases are not working, are benefitting the wrong people, and potentially counterproductive, says the Dallas Fed's Richard Fisher. His comments put him directly at odds with the last 2 days of Congressional testimony from The Chairman. Fisher calls it a Buzz Lightyear monetary policy, "pledging to hold the federal funds rate at zero seemingly to infinity and beyond." [View news story]
    Dick Fischer to replace Bernanke!
    RIGHT NOW!
    While the Republic still stands!
    Feb 27, 2013. 04:52 PM | Likes Like |Link to Comment
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