Duke Wong

The Problematic Banks

I would like to find out: Asia's market had been hitted last couple weeks. Why asia market are getting trouble and US and Europe market are up? Is there nothing related?

Any one know, please post.

The Three Kings of Wall Street: Gifts of the Magi Lifted Last Week's Market

MARK TO MARKET.
if mark to market rule is suspended then it'll bring up the banking value but the true problem is not fix.

The main problem in our system was financing error. It pulls other sectors to go with it. Actually, other sectors was not that bad as it's be.

Hopeful, the stress test could stabilize the financing system and the system is recovering in the stabilization manner. The investors will be more confidence.

For the investing, there could be loss or gain but we don't want to end up with more loss because the true value is in the mistery.

HOW DO WE EVALUATE THE CURRENT ASSESS?

Bernanke Is Right: 'Transparency' Is Important

How do we evaluate the asset? Mark to market was the fairness system and transparent to the investors.

Recently, market were too volatile which scared the investors. It was favored to short term trading and manipolator.

Why Friday Was Such a Critical Day for Bank Stocks

I'm supporting Obama's stress-test. We need to have a strong fundamental. When fundamental is strong then market will recover and even go higher.
Most media just concerns about the market, cry for the bailout as the temporary solution. I think market will adjust by themself.
The currently economic and financial can not be fix in few days, a week or a month. It needs a few quarters or more. I read many reliable articles, most of them forecast until the end of 2009.
Patient, Let Obama to do his job. I belived he knew what it need to be done.

Guaranteeing Bank Stock Prices Is Not the Answer

I'm supporting Obama's stress-test, We can not keep spending taxpayer money. If an bank that doesn't fit to the currently environment then let it fail, we only support the working bank and bring up our economic.
We need time to fix. The time is depending on the problem, the bad problem would need more time.
The stock market could drops further but it will recover when the fundamental is good, the problem is fixed.

Wednesday Options Update: JPM, BBY, ACE, IRM, SHLD, CSCO

IRM entered S&P, that's only thing I know. What else makes IRM gap up?