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Hawkowl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-11 11:52 AM
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Rigged markets?
"OK, so GS and AAPL miss on the same day and the futures the next morning are flat? Are you friggin serious? To those of you that don't think the markets are rigged, are you at least thinking twice now? Are you now at least somewhat skeptical? All the major banks are basically using accounting fraud pulling down DVA's (Debt Value Adjustments) by the BILLIONS to beat earnings and the markets are acting like nothing is wrong with this?

"There is just one piece of information one needs to see to realize just how big of a farce financial results reporting has become in America, with the accountants' and auditors' blessing. Morgan Stanley today reported income of $2.2 billion, or $1.14 per diluted share on an apples to unicorns basis, compared with income of $314 million, or $0.05 per diluted share, for the same period a year ago." $1.12 Of Morgan Stanley's $1.14 Q3 EPS Comes From Benefit Of Spread Blow Out | ZeroHedge. "As for what matters: Institutional Securities revenue would have been $3 billion net of the DVA compared to $5.2 billion in Q2 - said otherwise a complete business collapse in the quarter." (emphasis mine) Folks, you are witnessing a coordinated occupation of the markets by the Fed, Treasury, administration and all branches underneath to do anything they can at this point to save the capitalist system. As mentioned on STB many times in the past, they are fighting to keep the illusion (market valuations) all is well and that your assets are safe. It is the last thing standing between them and stone cold reality that the system is busted."

http://shankystechblog.blogspot.com/
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DontTreadOnMe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-19-11 12:40 PM
Response to Original message
1. We have $600 TRILLION is derivatives floating out there
The WORLD Economy is only $65 Trillion... the entire financial system is a house of cards just ready to collapse.

The banking insiders know it, they are trying to prop it up to keep it going.

Not if, but WHEN it does collapse (most analysts are predicting within the next 12 months) -- it will be the Investor Class that loses it all. Their paper wealth will just evaporate to nothing. Millionaires will become unemployed overnight. And that will put a final stake in the real estate markets.

If you have your entire savings invested in the markets, you better think twice.
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dd2003 Donating Member (198 posts) Send PM | Profile | Ignore Thu Oct-20-11 12:22 AM
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2. GGF
Gold guns and family
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golfguru Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-20-11 12:43 AM
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3. It is not as simple as just earnings
which drive a stock's price. Many other factors such as
future sales projections, future earnings projections, potential competition coming on-line, etc etc will affect stock price.
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Bigmack Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-24-11 05:13 PM
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4. RW site.. if that makes any difference.. nt
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