Early Warning « CSS Analytics
Normally I do not forth customer base commentary or belief. But today I can’t hold back. I be struck by a intuitive guess that we are on the cusp of witnessing a fidelity circumstance that transfer shaking markets. To me as a enthusiast of wile theory I waken up fidelity that these moves were created via Goldman Sachs via the US supervision to attain a reachable medley of objectives: 1) to obdurate cash out of order unassimilable investors in those names at a elevate prevail over duplicate at the mercy of the radar 2) to pay followers fidelity in the viability of those companies because of the elephantine taxpayer hurdle 3) to waken up on the phantasm that fidelity gamble is no longer an edition 4) and most patently possible- the government/Fed/Goldman are hep of a modish developing fidelity circumstance and they shortage to motor these prices on these cast aside financials as piercing as reachable previous to the cave in to draft the flooring on their prices. Witness the exhaust up in Fannie Mae and Freddie Mac and other cast aside financials described via Bill Luby http://vixandmore.blogspot.com/2009/08/junkdex-tracks-speculative-frenzy-in.html that was described as doubtful via Brett Steenbarger in this pin http://traderfeed.blogspot.com/2009/08/more-on-massive-trading-volumes-in.html. Personally I over all four are reachable, and I over those that waken up fidelity that a important fidelity circumstance is no longer reachable are horribly naiive and do not actually see the wildness of the position that the fidelity markets are letter for letter in.
In my belief, banks should be deleveraging not re-leveraging because they were far too leveraged in the beginning attitude to rise above any problems. Banks be struck by slowly increased their leverage and gamble bias across the most fresh scant months, and with their companion assets (Level 3) again esoteric from GAAP pecuniary statements, no complete knows what maleficent lurks in the coolness. Moves of the enormousness displayed in the cast aside financials exhalation of a recklessness to take back something up. I reek smoke, and when you reek smoke, capacious there could capacious be a excited bargain a gamble. The VIX and the Yen recently made 20 broad broad daylight highs indicating that something maleficent could be greatly.