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  • Five Reasons the Market Could Crash This Fall [View article]
    Actually, these are just clarifications and a summary of much of what is already common knowledge. There are a number of issues which still haven't been mentioned: 3T in bad commercial property loans. Bankrupt CA and other states (that's not fixed yet). Alt-A mortgages being recast to ~500B. Millions underwater, delayed foreclorsures. Do you argue the unemployment figures? Inflation is not low--real buying power is diminished, although some deflationary demand-destruction effects are visible. Currency destruction--not demand-pull inflation. Quantitative easing is not the same as economic recovery. We've had stock collapses in 1987, 1989, 1990, 1993, 1997. 2000, 2003, 2007-2008-2009. There is no way the average investor has the information to protect himself from the crashes. What makes you think YOU know there WON'T be one now? Jim Cramer tell you? Brilliant!


    On Aug 04 10:49 PM FB5000 wrote:

    > Remarkably wrongheaded. I actually feel sorry for you.
    >
    > Not a single economic argument. More data came out today - also good.
    > We are in recovery. Economy is growing. Q3 will see +2% to 4%. Q4
    > will also be good. Here's a tip. Pay attention to back to school.
    > As goes BTS - so (mostly) goes Q4 retail. It will be a nice tell.
    > Earnings are growing. Inflation is low. Earnings drive the market
    > and you are going to see very nice sequential growth in Q3 and Q4.
    > In 2010 the Q on Q compares will be good.
    >
    > That is what is driving the rally. We will see some pullbacks but
    > we are heading higher. Recovery will be "v" shaped. the issue now
    > is will it be "V" or "v'
    >
    > That's all.
    >
    >
    Aug 04 23:19 pm |Rating: +15 0 |Link to Comment
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