.

Bad Credit/Easy Loan

.

.

Investors411 Readers Report

It’s Easy To get A Loan.*

.

.

Banksta

.

You Know the Story

Greedy Unregulated Banks

invent Casino Extraction System

(See blog posts Feb 12th through 29th)

Almost Bring Down Financial System

by over leveraging and bad loans

.

Paul Volcker

.

.

The Volcker Rule, NOT to return to

the regulated capitalism that

worked for 60+ years, but to more

mildly regulate banksters is getting

delayed & picked apart by banksters

and the right wing

.

.

Is the Banksta agent

with a huge Pinky Ring Back

Just 3+ Short Years After the

Meltdown?

.

  • Capital One & GM Financial are making “loans to those with “less-than-flawed-credit.” (NYT)
  • Equifax reports 1.1 million new credit cards in December to borrowers with damaged credit
  • HSBC and JPM/Chase are back in sub-prime (NYT)


Annette Alejandro is happy sorting though the the piles of credit card offers she has. She’s unemployed, had her car repossessed, and is fresh out of bankruptcy (NYT)

.

They’re Back

,

.

Why should Banks practice Capitalism?

Why should the seek out only the best clients,

When massive profits come from bundling loans

& selling them in the unregulated, over leveraged

$600 trillion casino or derivatives market?

.

_____________

.

*I certainly don’t want to imply any of you have bad credit

Inspiration and some data came from this weeks Brookline TAB editorial

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*******************

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STOCKS

.

.

France and Eurogeddon?

.

  • Investors411 Readers understand that the reason banksters gave loans to so many troubled countries is the had the unregulated, over leveraged massive casino/derivatives market to back them up.
  • Now just like in the USA. Too Big To Fail Banks and Countries are threatened.
  • Will gains be privatized by the banks and risk socialized by the voters of each country?
  • First Round French Election Sunday and polls say (pro bankster, pro more austerity) Sarkozy is behind
  • Potential Eurogeddon? - This stock chart of France’s largest bank BNP shows a 30+% drop in a month and a -4.86% drop yesterday

.

Sure looks like

some sort of PANIC

in a French

“Too Big To Fail ” bank

.

___________

.

The Pain in Spain

Gets Worse

.

.

.

  • The Problems in France are negatively Impacting Spanish bond yields.
  • Despite, a successful over hyped auction of Spanish bonds yesterday the rates this AM got over the critical 6%.
  • Spanish 10 year Bond Rates currently at 5.94% at 6:50 EDT.

.

For Investors/Traders

How to Play Europe’s

Political/Economic Problems

.

.

Reading The Tea Leaves

.

  • Here’s the view of PIMCO’s #2 Mohamed EL Erian on same subject.
  • The reoccurring cycle of Central Bank Liquidity coming to the rescue will happen but when?
  • Holding a full boat of long positions is problematic until another liquidity dump by Central Banks.
  • Short term play – Short - France, BNP and related banks may have some more short term downside them

______________


  • AAPL earnings report on Tuesday is the big news this side of the pond. Looks like traders are expecting less than the usual stellar results.
  • High risk trade – If APPL keeps going down, I may purchase some before earnings or in a dip after earnings.

.

*************************

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PAUL’S Corner

.

.

A bucket of what?

,

Many times we have discussed using the Bollinger Band to evaluate a stock and a major stock index. It’s one of my favorite tools and one that’s constantly suggested by my good friend Ian Woodward (HGSI).

One of our fellow HGSI users, Dave Steckler posted a great blog last evening briefly explaining Ian’s Bucketology.

Enjoy:  LINK

As you all know, I reply on HGSI for stock selection and searching. I’m pretty good at top down searching and reading the charts to find what I’m comfortable with spending my wife’s money on.

But if you are a wee bit lazy, HGSI has some very good searches that are handed to you each evening with some excellent stocks.  One of my favorites is “The Best of Woodward and Brown”. Here are last evening selections from this search:

ALLT, ACAT, MPEL, MODL, NQ, PII, SCSS, SXCI, TPX, URI

Pretty good looking stocks handed to you and a down day in the market!

My usual worthless disclaimer applies

blah blah blah blah

.

*******************

.

Spanish Bond over 6% = Change to NEUTRAL (LTO)

.

Longer Term Outlook

3 months+

.

A Very Shaky

CAUTIOUSLY BULLISH


AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK & POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMMAR  ERRORS.




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