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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (45785)	10/18/2011 8:36:15 AM
From: posthumousone	Read Replies (1) \| Respond to of 119360

the machines arent reading it as we have another nice rally in futs

To: Travis_Bickle who wrote (45785)	10/18/2011 8:46:15 AM
From: StockGamer	1 Recommendation Respond to of 119360

Banks like GS, whose stock price is fairly secure, are reporting losses cause it's good PR. It's easy to do this: just beef up your loss reserves. When the Republicans have a firmer control of the government, they can convert those fat loss reserves to profits. Banks like C and BAC with low stock prices that may be forced to raise equity can't afford to do that, so they have to resort to fake profits.