Seeking Alpha

elwind45 » Comments » BAC

  • Earnings Reports Threaten to Deflate Balloon Boy Dow  [View article]
    Can this rally continue when short term interest rates rise? Will China face losing money in a falling dollar and pay 100 dollars a barrel for oil?Will the market continue up when the Treasury bills unwind thus stalling the economy and making long paper very attractive? How can anybody believe analyst's forecasts when they are off the reservation too bearish? How can a professional make money in the market when the public has seen the S&P go from 667 to 1100? Has anybody heard any public information on hedge fund redemptions? As for the market not crashing, this rally has been built by selling the dollar to buy YAHOO! Be safe all.
    Oct 21 03:26 am |Rating: 0 0 |Link to Comment
  • Why Zombie Banks Won't Be Nationalized [View article]
    I am of the opinion that at some level of the dollar squeeze it will not be prudent to cover toxic assets by buying dollars. I believe part of the endgame will be the failure to buy dollars to cover bad dollar based-assets. At this point the pressure to re-solve this situation will force many U.S. Banks to desolve and pay on the CDS. This will leave all other holders to lose everything to the holders of the CDS. The landscape of business is going to change. The company that generates cash-flow,doesnt need debt to cover payments and are not on the wrong side CDS transaction will survive. The rest are doomed. The capital of the world is being sucked out by world banking system. All the cash is sitting lonely on bank balance sheets waiting for a white knight to free it up! The longer this comedy continues the worst it gets for everybody except the purse beneath the funnel mouth. That individual is getting soaked in a waterfall of MONEY. The world economy is being sucked dry, so individual's can make 100% interest risk free. 20% inflation who cares?
    Mar 03 02:37 am |Rating: +1 0 |Link to Comment
More on BAC by elwind45
Comments by Ticker
elwind45's
Comments Stats
111 comments
Rating: 3 (24 - 21 )