Quick answer, "Nothing!" Pros are just wrong, plain and simple. When you're long only, you only have to lose less than the next guy. You don't necessarily have to make any money. Remember that.
Follow that bouncing ball across Europe as it eventually hits home right here on Wall Street. Why haven't we heard about this in the media or the sell side reports?
What is it that the successful in the investment community see that policy makers in the US and Europe don't? Let's walk through the evidentiary building blocks of a US balance sheet recession and query why everyone has forgotten about the very real real estate depression.
Here I present hardcore grassroots analysis compared to Wall Street's best and brightest. It's disappointing to say the least and leads us through a traipse through very recent history that brings us full circle to a major bank failure/run today... Okay, maybe not today, but sometime between tomorrow afternoon and the end of the 4th quarter.
After accurately predicting the Pan-European Sovereign Debt Crisis, which sparked our prediction of the French Bank Run which appears to be causing a panic induced market run as I type this, we've found the big US bank most likely to suffer contagion from the fallout... As I have said in the past, Lehman was just the warm up routine, you ain't seen nothing yet!
What are the chances rate volatility, excess supply from a burst bubble and insolvent banks causes a CRE crash on both sides of the Atlantic? Yeah, if only all test questios were that easy...
If history is any indicator, Google may be poised to hit the ball out of the park with the Motorola Acquisition. Remember Moto has more patents than all phone manufacturers (nearly combined - Nokia, RIM, Apple). Motorola made 1st mobile phone - that briefcase-like device - as well as the first 2nd generation banana phone, then early flip phones. Assume the possibility to break many other vendor strategies, revenue streams and business models with their patents.
The European ban on shorts for financial companies was allegedly justified by false rumors. The only thing false that justifies banning is the balance sheets and funding models of many of the banks in question. Available nowhere else on the web, I Forensically Prove A Run On A French Bank Is Justified And Likely, Step by Step
Here is the next installment of the public evidence of a bank run in France. This is literally a carbon copy of Bear Stearns/Lehman Brothers, just on a larger scale. Listen to that sucking sound. It's the illustion of liquidity hitting the hard wall of reality! You heard it hear first.
Yesterday was a rough, tumultuous ride. I went from supreme confidence to getting bloodied up. If you remember, the BoomBustBlog traders recommended a grab for profits or a gamma hedge. I decided to go all in to FIRE sector short risk, with just a wide trailing stop to protect me. I was quite comfortable up to the last 40 minutes of the session, wherein it seems as if Bernanke's floor traders swept in to teach smart asses such as my self a valuable lesson. Fortunately, CBs can only affect the markets, they can't control them.
