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  • Margin Debt Down 37.6%; Is The End of Selling Near? [View article]
    The end of the selling will never be near. The market is structurally broken! STRUCTURALLY UNSOUND AND BROKEN! The sellers can still naked-short and pile on thanks to the repeal of the uptick rule.
    Jan 12 17:46 pm |Rating: 0 0 |Link to Comment
  • 80% of S&P 500 Stocks Above 50-Day Moving Averages [View article]
    What does that mean? An overbought situation or a more powerful rally ahead?
    Jan 07 16:53 pm |Rating: 0 0 |Link to Comment
  • SEC's Meagan Chung Pleads Innocent [View article]
    She sounded incompetent. Any auditor worth of any salt should have detected this fraud!

    The true problem is that the SEC has been in bed with the market makers, brokers and dealers. Their judgements have been clouded.
    Jan 07 16:49 pm |Rating: +2 0 |Link to Comment
  • Time to Venture Out of the Cave? [View article]
    Not yet. The short sellers can sell short naked for two days, and the uptick rule has not been reinstated yet.
    Jan 07 16:45 pm |Rating: 0 0 |Link to Comment
  • Obama Doubles Down [View article]
    Investing 401k money in the stock market is a fine idea, as long as the SEC is not going to come up rules to help the market makers to destroy the market.

    The repeal of the uptick rule and the approval of naked short selling (for two days) has helped to decimate many institutions.
    Jan 07 16:42 pm |Rating: +3 0 |Link to Comment
  • Fund Managers to Fight Short Selling Disclosure Rules [View article]
    The mutual funds are required to report their long postions. Hedge funds should be required to do the same.

    The reporting should help reduce naked short selling. It will help restore confidence to the market.
    Jan 07 16:39 pm |Rating: +7 -1 |Link to Comment
  • Is the Fed Driving Down the Dollar to Boost Inflation? [View article]
    It's so obvious...they are to re-inflate to fight deflation!
    Dec 18 17:36 pm |Rating: 0 0 |Link to Comment
  • Fast Money Recap - Has Ben Gone Nuts? (12/17/08) [View article]
    Fast Money traders are good at making money selling short. Certainly, they don't like the measures that will be successful to turn the economy around.

    When Ben is trying to say, "Investors, take risks, you'll be paid nothing if you hide in money market funds." In addition, low interest rates will spur housing activities to help counteract the tightening lending requirements.
    It will help banks to replenish capital quickly, and eventually will help banks to relax their lending standards.

    Ben still needs the securitization of car, credit card, student loans and private-label mortgages.

    The SEC also needs to take away the tools that short sellers can kill any stock at will by re-instating the uptick rule, banning naked short-sales completely (no two-day grace period.)

    The FASB accounts also need to modify the FAS 157 and other accounting rules to help the preparers to manage their assets effectively and at the same time requiring them to disclose more exit prices about their assets without endangering their own companies. The financial institutions then would be more aggressive in making loans.

    Dec 18 12:56 pm |Rating: +1 0 |Link to Comment
  • America's Own Lost Decade [View article]
    You don't have a clue. Bernanke is doing whatever he can to corret the problem. This is the only correct way to avoid a depression.

    It was the change in the accounting rule (FAS 157), the repeal of the uptick rule, unregulated CDS, and the condonement of naked short selling that brought the financial markets down. It is incredible when smart people cannot see the root causes of this meltdown and deal with them directly. People are running around with the heads cut off!

    <<If sound economic policy is the key to avoiding Japan's fate then we might as well call it a wrap and assuming that our lost decade has already begun, Congress doesn't have a clue , the Fed is trying to fix a problem caused by cheap money with more cheap money, and most of the government's so called solutions ignore systemic problems and instead address mere symptoms.

    It's hard to have much faith when the government's solutions are likely to make things worse, and the key weapons in their arsenal are taking on more debt, printing money and attempting to deflate their way to an economic recovery. Considering that we live in a time when our Congress is berating undercapitalized banks for not increasing their lending volume, it goes without saying that our policy makers may actually be a bigger problem than the systemic issues that created the crisis in the first place.>>
    Dec 18 12:42 pm |Rating: 0 -1 |Link to Comment
  • Obama's Choice for SEC Chief: 'Strong Investor Advocate' Schapiro  [View article]
    She appears to have protected investors from bad sales practices, but can she protect investors from the greedy, abusive market makers? These market makers can continue to naked-short stocks for two days and bear-raid stocks without the uptick rule!
    Dec 18 12:01 pm |Rating: 0 0 |Link to Comment
  • It's Time to Outlaw Hedge Funds [View article]
    All large financial institutions including hedge funds need to be regulated to provide further transparency, protection of investors confidence, and control over systemic risks.
    Dec 18 11:56 am |Rating: 0 0 |Link to Comment
  • What Corporate Yield Spreads Are Telling Us About Equities [View article]
    CDS spreads are being manipulated by market makers. Because, the market makers know as a group, they can gang up and kill any company at any time using the current tools: repeal of the uptick rule, free two-day naked shorting, widening CDS spreads, unlimited shorting via ETFs, options, futures and synchronization of attacks througn multiple exchanges, gaining fire power around the world by creating rising volatility!
    Dec 18 11:44 am |Rating: +2 0 |Link to Comment
  • Paulson's Plan Fails to Understand the Problem; Madoff Is a Perfect Example  [View article]
    I've lost confidence in Paulson and Bernanke. The solution is right in front of them, but they still don't do it.

    Everybody knows that FASB 157 is dangerous and pro-cylical. Banks and other consumer finance companies do not want to sell their loans because the spread is wide. The spread is wide, because of credit uncertainties and forced liquidations or write-downs because of FASB 157. It's a vicious circle.

    The FASB accountants can easily suspend FAS 157 and come up with new accounting rule to mark-to-market every single items on and off balance sheets for information purposes and liquidity purposes. That will provide transparency as investors demand it without destroying regulatory capital of all financial institutions.

    Without FAS 157, securitization will return to normalcy, and banks will make loans again.

    Bernanke and Paulson made a huge mistake allowing Lehman fail. That was why the global financial system imploded. Now, these people lack skills and foresight by supporting FAS 157. The results show!
    Dec 15 15:18 pm |Rating: 0 -1 |Link to Comment
  • Our Economic Crisis: The Grand Experiment [View article]
    Other disatrous experiments you failed to comment on: FASB 157, the repeal of the uptick rule, the allowed naked shorting by market makers, and the leveraged ETFS.
    Dec 15 12:38 pm |Rating: +2 0 |Link to Comment
  • Has a Market Reversal Happened? [View article]
    The article would be much better if the author provided with hard statistics.
    Dec 15 11:51 am |Rating: +2 0 |Link to Comment
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