RomanFinancial's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/330168/comments http://seekingalpha.com/article/167412-to-heck-with-fundamentals-dow-11-000-is-up-next?source=feed#comment-721246 721246

On Oct 19 06:54 PM The Geoffster wrote:

> When do I sell?]]> Mon, 19 Oct 2009 18:55:46 -0400

On Oct 19 06:54 PM The Geoffster wrote:

> When do I sell?]]> http://seekingalpha.com/article/126563-wall-street-breakfast-must-know-news?source=feed#comment-432691 432691

On Mar 19 07:28 AM pacman1947 wrote:

> Can you imagine having these conversations just over a year ago?
> It's like reading a comic book or watching Stewart late night --
> a joke, right? The Fed floating $5 trillion in counterfeit money
> to pay off our banks, insurance companies, China and our foreign
> debtors? Bonuses of hundreds of millions to crooks that bilked the
> Treasury of more billions? Millions of homeowners foreclosed and
> on the street after their jobs were trashed? Ponzi schemers who got
> away for years with billions of pension and charity money from widows
> and orphans?
>
> I'm not laughing anymore. It ain't funny.]]> Thu, 19 Mar 2009 15:26:27 -0400

On Mar 19 07:28 AM pacman1947 wrote:

> Can you imagine having these conversations just over a year ago?
> It's like reading a comic book or watching Stewart late night --
> a joke, right? The Fed floating $5 trillion in counterfeit money
> to pay off our banks, insurance companies, China and our foreign
> debtors? Bonuses of hundreds of millions to crooks that bilked the
> Treasury of more billions? Millions of homeowners foreclosed and
> on the street after their jobs were trashed? Ponzi schemers who got
> away for years with billions of pension and charity money from widows
> and orphans?
>
> I'm not laughing anymore. It ain't funny.]]> http://seekingalpha.com/article/118418-signs-of-the-apocalypse-in-markets?source=feed#comment-375940 375940 Wed, 04 Feb 2009 15:30:25 -0500 http://seekingalpha.com/article/118117-world-equity-markets-take-two-steps-forward-and-two-steps-back?source=feed#comment-374818 374818
First off, you are correct that the stability in our dollar and the international holdings of our dollar have kept the U.S. from bankruptcy. But since the 70's our country has run off a balance, a net deficit that is. It will continue because other countries pour their exports into our homes enticing foolish credit expanders into purchasing said exports. These export countries give Americans credit to purchase these items so their own growth continues to expand. Soon credit gets contracted and our balance gets so high the exports stop flowing...hurting the world. We are essentially the worlds unpaid festering credit card with only export countries to blame for the allowable credit. As soon as export countries learn to stop using the "bloated credit car" (A.K.A: America) for their capital dumping needs the world will balance out until another credit card is found and others dump on them - most likely Brazil or China next.

Second, Europe has severe problems America does not fortunately share - that is very unstable countries like Bulgaria and Greece sharing the currency. These countries have unstable governments that have a risk model included into the EUR currency value, which has to incorporate their possible default. EUR also has a legislative and economic challenge; working together efficiently. EUR has yet to do so and many countries have major disagreements to the direction of EUR, thereby making the EUR more volatile.

Third, Europeans tend to be snide, snobby, stinky, foolish humans. They think they are removed from abject moves of imperialism yet the world lay in utter shit due to their visions of grandeur. They preach nonviolence as they lay under the bicep of Russia's natural gas exports and middle east oil. U.S. takes a different stance - we tend to believe that beating the crap out of the weakest kid in the room will send chills to bullies of equal value to us like china. Also, as a Limey you should be more concerned with the absolute collapse of the pound and your total infrastructure failure. UK is a smoldering heap of burning "rubbish". While here in California we tend to have credit expanding idiots, we will become more humble over the matters and will learn to cease complaining like EUR continues to do...





On Feb 03 01:46 PM OldLimey wrote:

> Of course the Anglo-American media blitz against the EUR will continue.
> After all, any threat to the USD's primacy as the world's reserve
> currency - no matter how distant that threat - has to be addressed
> because that primacy is pretty much all that separates the US from
> outright default on its foreign debt. But could somebody, after they've
> hit the thumb's down of course, explain this to me: why does the
> potential default of Ireland or Greece pose a threat to the viability
> of the EUR when the obvious bankruptcy of California (one of the
> world's top ten economies) is immaterial to the upward march of the
> USD?]]> Tue, 03 Feb 2009 16:38:52 -0500
First off, you are correct that the stability in our dollar and the international holdings of our dollar have kept the U.S. from bankruptcy. But since the 70's our country has run off a balance, a net deficit that is. It will continue because other countries pour their exports into our homes enticing foolish credit expanders into purchasing said exports. These export countries give Americans credit to purchase these items so their own growth continues to expand. Soon credit gets contracted and our balance gets so high the exports stop flowing...hurting the world. We are essentially the worlds unpaid festering credit card with only export countries to blame for the allowable credit. As soon as export countries learn to stop using the "bloated credit car" (A.K.A: America) for their capital dumping needs the world will balance out until another credit card is found and others dump on them - most likely Brazil or China next.

Second, Europe has severe problems America does not fortunately share - that is very unstable countries like Bulgaria and Greece sharing the currency. These countries have unstable governments that have a risk model included into the EUR currency value, which has to incorporate their possible default. EUR also has a legislative and economic challenge; working together efficiently. EUR has yet to do so and many countries have major disagreements to the direction of EUR, thereby making the EUR more volatile.

Third, Europeans tend to be snide, snobby, stinky, foolish humans. They think they are removed from abject moves of imperialism yet the world lay in utter shit due to their visions of grandeur. They preach nonviolence as they lay under the bicep of Russia's natural gas exports and middle east oil. U.S. takes a different stance - we tend to believe that beating the crap out of the weakest kid in the room will send chills to bullies of equal value to us like china. Also, as a Limey you should be more concerned with the absolute collapse of the pound and your total infrastructure failure. UK is a smoldering heap of burning "rubbish". While here in California we tend to have credit expanding idiots, we will become more humble over the matters and will learn to cease complaining like EUR continues to do...





On Feb 03 01:46 PM OldLimey wrote:

> Of course the Anglo-American media blitz against the EUR will continue.
> After all, any threat to the USD's primacy as the world's reserve
> currency - no matter how distant that threat - has to be addressed
> because that primacy is pretty much all that separates the US from
> outright default on its foreign debt. But could somebody, after they've
> hit the thumb's down of course, explain this to me: why does the
> potential default of Ireland or Greece pose a threat to the viability
> of the EUR when the obvious bankruptcy of California (one of the
> world's top ten economies) is immaterial to the upward march of the
> USD?]]> http://seekingalpha.com/article/116900-e-trade-financial-corporation-q4-2008-earnings-call-transcript?source=feed#comment-370008 370008

On Jan 29 05:49 AM constructe wrote:

> It is too bad that E*Trade ever got into the home loan market. Talk
> about diverging dramatically from its core business. The long cleanup
> has been slow but at least they are doing it. I wish banks would
> be more forthright and forthcoming on such measures.]]> Thu, 29 Jan 2009 11:53:17 -0500

On Jan 29 05:49 AM constructe wrote:

> It is too bad that E*Trade ever got into the home loan market. Talk
> about diverging dramatically from its core business. The long cleanup
> has been slow but at least they are doing it. I wish banks would
> be more forthright and forthcoming on such measures.]]> http://seekingalpha.com/article/117026-the-state-of-financial-markets-and-u-s-dollar-in-2009-part-i?source=feed#comment-368964 368964 Wed, 28 Jan 2009 14:30:43 -0500 http://seekingalpha.com/article/114330-how-to-trade-in-2009?source=feed#comment-353676 353676 Mon, 12 Jan 2009 14:57:41 -0500 http://seekingalpha.com/article/113695-forex-why-the-dollar-is-staying-strong?source=feed#comment-348842 348842

On Jan 07 01:27 PM silverwood wrote:

> Andrew Wilkinson says
> "When the President-elect speaks and sends a chilling message, it’s
> worth listening despite the fact that he is still a couple of weeks
> shy of inauguration. When he finally gets to the White House, much
> might not have improved for the economy. That tells us that a stronger
> dollar rather than a weaker one will likely greet him on Pennsylvania
> Avenue."
>
> So I gather that a weak or sick economy spells a strong dollar, then
> as the economy improves the dollar should weaken, right? There is
> just something intuitively wrong with this picture. I could understand
> the deleveraging effect as traders unwound positions and covered
> loans causing a demand for the dollar. So are we to expect another
> round of this?]]> Wed, 07 Jan 2009 13:35:32 -0500

On Jan 07 01:27 PM silverwood wrote:

> Andrew Wilkinson says
> "When the President-elect speaks and sends a chilling message, it’s
> worth listening despite the fact that he is still a couple of weeks
> shy of inauguration. When he finally gets to the White House, much
> might not have improved for the economy. That tells us that a stronger
> dollar rather than a weaker one will likely greet him on Pennsylvania
> Avenue."
>
> So I gather that a weak or sick economy spells a strong dollar, then
> as the economy improves the dollar should weaken, right? There is
> just something intuitively wrong with this picture. I could understand
> the deleveraging effect as traders unwound positions and covered
> loans causing a demand for the dollar. So are we to expect another
> round of this?]]> http://seekingalpha.com/article/113695-forex-why-the-dollar-is-staying-strong?source=feed#comment-348837 348837 Wed, 07 Jan 2009 13:33:39 -0500 http://seekingalpha.com/article/112898-four-stocks-for-2009?source=feed#comment-348719 348719 Wed, 07 Jan 2009 12:21:48 -0500 http://seekingalpha.com/article/113447-apple-a-question-of-leadership?source=feed#comment-347520 347520 Tue, 06 Jan 2009 12:05:51 -0500 http://seekingalpha.com/article/113253-fairy-tales-reassessing-the-market-mindset?source=feed#comment-346582 346582 Mon, 05 Jan 2009 13:29:29 -0500 http://seekingalpha.com/article/112986-first-call-of-a-double-dip-recession-setting-up-a-market-bottom?source=feed#comment-344602 344602 Fri, 02 Jan 2009 19:38:43 -0500