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robert.b.ferguson » Comments » AIB

  • Preview from Europe: Is the Summer Rally Over? [View article]
    (FFIV) Which benchmarked earlier in the rally hit it's stop this morning and the remainder of that position was sold for a 30% proffit. There may be others hitting stops today as well. As always keep yor stops tight and your reserve currency in gold.
    Aug 17 12:21 pm |Rating: +1 0 |Link to Comment
  • Preview from Europe: Markets Only Seem to Know How to Go Up [View article]
    There is a fly in the ointment. Banks "repairing." is an illusion. Big banks are playing hide the toxic assets and regionals/locals are failling at an excellerated rate. With unemployment, credit card defaults and unsecured consumer credit defaults rising there is little doubt the trend will continue. Should CRE collapse as it very well could the impact on the nascent recovery would be devastating. Be very cautios here as the so called green shoots are also very frgile. With a weakening dollar a spike in energy prices,a natural desaster or a major terror incident could explode the whole thing
    Aug 04 09:43 am |Rating: +2 -1 |Link to Comment
  • Preview from Europe: Stocks Find Solace in the Beige Book [View article]
    Bad news from the absolute gospel of the Beige Book is a positive. Intrest rates are up but not that bad. Mortgage APPs are down but not as bad as expected. I have a new headline. Thousands of jobs evaporate on the up side.
    Jun 11 09:02 am |Rating: 0 0 |Link to Comment
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