eyetaliano

S&P Case Shiller's Home Price Index Concerns Me

housing prices are propped to bailout ABSs and their related CDS exposure...nothing more....the trillions of dollars pumped into the system are not designed nor will they help the common man. That said, individuals are to blames as well -- for thinking that the value of their homes warranted a 250% rise. And, drawing out equity on those values - never once thinking there might be something wrong with that picture.

Commercial Real Estate ETFs: Long or Short?

Extension of TALF will change all of this. Forget about leveraged REIT ETFs....all criminals get the bailout.

Lockdown! Despite the recent upturn, Cerberus tells its investors they can't withdraw more than 5% of their money through year-end. Since suspending withdrawals earlier this year, the private-equity firm has received withdrawal requests representing 50-60% of its assets.

no, this is not a good sign...wealthy investors, pension funds, etc. no something we don't....cerberus better hope for some of that tarp money

Time to Reenter GE

keeping GE alive the way it stands is the main problem. Divestment, Disposal, Re-Structuring of Management and SBUs needs to happen. Financial Assets should be bundled, sold off, etc. GE should do what Tyco did after the Kozlowski era. Maybe GE can merge with Tyco. GE Tyco. It has a nice ring.

FYI: Commercial plane being escorted by a fighter jet over New York Harbour.

i agree....twitter is brought to us by the same makers of lava lamps and pet rocks.

Please, twits, keep your fads away from these sites. Do you think I really care about what you think all day long? I'll do my own research, thank you.

Krugman: Why Britain's No-Euro Policy Is Helping Right Now

That is one of the funniest posts I have ever read. I know you are serious but it does read like dialogue from a movie.


On Apr 26 10:13 AM Ferdinand E. Banks wrote:

> It's always a good thing to not be "on" the Euro, or for that matter
> to have anything to do with the parasites in Brussels. For Sweden
> the decision to join the EU was the worst mistake this country has
> made in modern times. The ignorant prime minister who followed Olof
> Palme argued that only a Swedish presence in the EU would prevent
> the outbreak of another European war, and a large number of voters
> in perhaps the most literate country in the world accepted this argument.
> Incidentally, if anyone would like to know why so many Swedes were
> enthusiastic about the EU, it's because they thought that it would
> expand their sexual opportunities, and nothing else. Try to keep
> that in mind when you encounter losers and mediocrities from Sweden.

Equities Are a Bubble Waiting to Be Pricked - BNP

narrative and retroactive fallacy. There is no data to support what you say. what's to say the nasdaq doesn't go below 1000?

Past is never exactly repeared as much as our brains would like it to be.

Clearly, there a no reasons why the market is going up. So, it would be foolhardy to platonify the reasons it might go down.


On Apr 25 01:24 PM InvestBaboo wrote:

> You are all correct. Cetin has called the market bottoms before and
> has been wrong but this time so far he has got it right. Like someone
> said if you keep doing it you will be right sometime!
>
> Ok, before you start slaying me listen to what I have to say. I used
> to be an investor and used to analysze all the hype and the doom
> and gloom and then developed my own perspective (either bullish or
> bearish) and invested in equities. My track record when I did this
> was poor. And then I went and studied all there is to study about
> technicals and started following the charts. My results improved
> dramatically. At the end of the day charts tell us what investors
> are doing and what they are likely to do and NOT WHAT THEY ARE TALKING
> ABOUT. You all know the famous marketing paradigm -- if you present
> to people the idea of a cool product they all say they will buy it
> if you make them but when you do make them they are mysteriously
> absent! Saying is not the same as doing!
>
> Now, let us talk about the markets re-testing the March lows which
> many in the previous posts seem to think is going to happen. What
> do the charts say about it? Here is what I see.
>
> 1. NASDAQ index has now shown weekly buy signals 5 weeks in a row.
>
>
> 2. DOW has not developed bullish signals on daily charts 28 days
> and kept the momentum up without a single breach. In other words,
> the technicals held up even when the Dow pulled back like the 290
> plus point drop the other day. On a weekly chart, however, the Dow
> is still suspect and vulnerable to a pullback. But given NASDAQ's
> strength I find it unlikely that the pullback can be of a large magnitude.
> That is because for the markets to pullback to the march lows the
> NASDAQ must completely break down. This is what you see historically
> when you analyze pullback. "THE DOW AND THE NASDAQ MUST BOTH BREAK
> DOWN FOR THE MARKETS TO RETEST LOWS". When I go and look back at
> corrections at previous bull markets I have not seen such a divergence
> between these two markets. My conclusion is that it is not possible
> for a market breakdown to happen to March lows because of the strength
> in NASDAQ.
>
> 3. Major financial institutions (Goldman, MS, JPM) are all showing
> strength in their weekly charts. BAC and C are still bullish on their
> daily charts. If after the stress test results there is no breakdown
> in banks then the market pullback to March lows will become even
> more unlikely. Again, an analysis of past bear-bull markets show
> that financials must break down for the markets to test their lows.
> This makes the May 4th date all that much more important.
>
> 4. Tech stocks are incredibly strong on daily and weekly charts.
> Several new stocks from several new non-tech industries have now
> registered bullish bias on their weekly charts.
>
> What I am saying is charts are showing that a pullback to March lows
> is extemely unlikely. So at least for the near future (say till the
> next Q earnings season) there is likely no major pullback in the
> markets. Say what you will I follow the adage "The trend if your
> friend till the bend at the end and I don't see no bend!"

The UN, China Want to Ditch the Dollar

performance-based bonus. Now that's an idea.


On Mar 23 08:45 PM Prudent Man CFA wrote:

> The irony is that China is more concerned with the value than the
> dollar than the U.S. government. Maybe Geithner, Obama and Bernanke
> should be responsible and ask our creditors, who seem more cognizant
> of the ramifications, their views on our policies because they
> have skin in the game more so than our politicians and policy makers.
>
>
> I propose that we pay all in Congress and the Administration the
> minimum wage with a bonus pot at the end of the year consisting of
> how much they reduced the budget from the previous year. They could
> fight it out at the end of the year over who gets how much. Of course,
> they get most of their cash and goodies by graft.

In an op-ed published in 31 newspapers this morning, Pres. Obama says the U.S. is ready to lead the way out of the financial crisis. "We need not choose between a chaotic and unforgiving capitalism and an oppressive government-run economy," he writes. "That is a false choice that will not serve our people or any people."

Nope. I didn't believe in the primary -- I was right. I didn't believe him in the general -- I was right. I don't believe him now -- and I'm still right.

The guy is the biggest wishy-washy prevaricator in the history of the US Pres. -- Yes, even a bigger deceiver than the last administration.