tax attorneys and accountants are much more valuable than engineers in the New Paradigm.
Biggest component. Can't allow it to fall tomorrow.
Free Money + Socializing all losses to the middle class = Superdebt Superbubble III.
Stick with Ben. Buy ALL dips. Ben's just warming up. Dudley and Yellen will accelerate printing for their TBTF banks after Ben's gone. Stick with FAS.
Locked at 15 for expiry.
Manufactured by Congress-directed 're-interpretations' of FASB for the TBTF banks? Who knows what the TBTF bank numbers really are...if they were truly "great", why is The Bernack still printing $80B+/mo. for his TBTF banks ... wouldn't he be lowering the exposure of the Fed's imaginary balance sheet and raising interest rates?
the TBTF banks will still be sucking the lifeblood out of the world, protected by their Central Banks and the Best Politicians that Money Can Buy.
It's an S&P500 stock. Anal-ysts MUST low ball estimates for all S&P 500 stocks. Look at the dropped estimates for next quarter. They have always low-balled for at least 1 decade. That's always been the name of the game.
O'bama meeting with Ben's masters to get his orders from them. They own the Best government that money can buy. Stick with Ben. Stick with TBTF. Stick with TBTJ. Stick with FAS.
Sentiment: Strong Buy
My guess is that the Central banks are in trouble with their actual vs. 'leased' holdings again. Just like the BOE a few decades ago.
Bet with The Bernacks. Buy ALL dips.
They will drive it back down to $15 by next Friday with all their free money from Bernanke.
oil to $120, CVX to 180. It just doesn't get any better when you bet with the Fed's TBTF banks. Remember, if you lose it's your money but if the TBTF banks lose it's your money.
It's the New Paradigm. It's Different This Time.
There's your answer. Conferences + analyst hype = Dilution. Goldman City knew this and sold the hype.
Too Big to Fail, Too Big to Jail. The New ZIRP-DEBT-PRINT Paradigm.