Seeking Alpha

The AntiCramer » Comments » GE

  • GE: The Decimation Continues [View article]
    Credit default swaps do serve a purpose. Legitimate hedging activity should be allowed and encouraged. Rampant speculation in the CDS market is the problem.

    Perhaps you'd like to throw the baby out with the bath water?


    On Mar 04 02:18 PM battman wrote:

    > From globeinvestor.com
    >
    > "The cost of insuring GE Capital's debt against default with credit-default
    > swaps earlier spiked to 20 per cent upfront — meaning an investor
    > had to pay $2-million immediately plus $500,000 a year to insure
    > $10-million of debt, according to data from Phoenix Partners Group.
    > Later in the morning the upfront payment eased to $1.5-million."
    >
    >
    > Are they STILL doing these f'in CDS's? Isn't that a big part of
    > the problem in the ifrst place?!?!?!?!?!
    >
    > Will they ever learn?
    Mar 04 20:37 pm |Rating: +2 -2 |Link to Comment
  • Is the Market Going Lower? Silly Question! [View article]
    Most financial advisors haven't seen a market like this in their lives. To make matters worst most people are simply too lazy to think critically about a situation.

    My advice is to find out where anyone giving you advice gets their information and learn how they weigh all available information into their decision making process.

    Most people seem to ignore the fact that the financial media will only flourish during bull markets (think "summertime and the livin' is easy") so they'll do everything they can to calm the masses and hurry in the next bull run. Meanwhile their clients have bought all the way down and are left with their pants around their ankles.

    Bottom line is that if you have a few hours a week to spend researching the market you are capable of managing your own money.


    On Mar 03 07:47 PM Lars39 wrote:

    > Someone told me over a year ago to get out of the market completely,
    > and do it NOW. My advisors(?) said no. Major regrets now for not
    > selling then, but almost all "experts" were saying it was ok, and
    > markets go through cycles, it will come back. I just hope there
    > is something left when it comes back. Big difference between being
    > 30 and waiting vs being 65 plus and waiting for a recovery.
    Mar 03 20:38 pm |Rating: +13 -1 |Link to Comment
  • Laszlo Birinyi: S&P 750's the Bottom - Barron's Interview [View article]
    Awesome, I've been waiting months to hear someone officially declare a bottom.
    Jan 04 22:28 pm |Rating: 0 0 |Link to Comment
More on GE by The AntiCramer
Comments by Ticker
The AntiCramer's
Comments Stats
66 comments
Rating: 94 (154 - 60 )