No replies to this topic

[nimblebear]

What a bunch of Bunk ! These freaking banks and big finance institutions are in serious trouble. Anybody who thought otherwise after the big bull bait rally was delusional. We will probably start seeing some more runs on the bank somewhere and they will be major and devastating. Just bc JPM took over Bears stuff doesn't mean any of the Bears problems are solved. They have trades they simply can't unwind. And there are trades on those trades that are going sour too. Counterparties are blowing up all over the place, except noone has disclosed where they are at, because they don't have to. Its a totally unregulated industry. Thats the whole rub here. And I love Hulberts double spike bottom bs. What ? Did every FEd official in the country call each media outlet and bribe them to spin this whole bailout as a good deal, by using indirect methods of saying "hey fools - the market is a screaming buy." Its that kind of garbage that kills it for the reputation of the rest of the TA community who actually know how to use TA, but don't pull out these obscure so-called "signals" out of their arses and pretend it might be useful to the public somehow. We will see some more blow ups in less than 3 weeks.