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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Machaon who wrote (50021)	5/10/2013 4:02:51 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218589

Wow, another fun day!!! LOL!!! GZ

To: Machaon who wrote (50021)	5/10/2013 6:58:51 PM
From: Fintas	Respond to of 218589

Any following the banks understand the push/pull that has been going on for awhile. It goes back YEARS. 1991 was another serious period.. The banks and certain investment firms, brokerages got so cocky in 2008 ish that even when impending disaster was upon them they truly believed they could avoid taking some hits and the govt would simply bail them out. As a result, it almost came back to bite not just them but us. Many would say WTF we were bitten pretty hard. I'd say yeah but we are still breathing and functioning. That can't be said for many involved with WM/WB/LEH/BSC and other tied to such. Fast forward and too big to fail used to be the term used as the banks thumbed their noses. Ya know the line from a Rocky Movie. You can't hit me.. However Bernanke has shifted that view from too big to fail to what others have been pushing. OK..then you are going to take on your share. You'll do this and you'll do that.THIS IS A SHIFT in FED statement. Previously that was being asked of many but the fed was a bit silent. Now they are vocal. VERY VOCAL. As we move along, banks will have to find ways to get the levels up to meet the regs that are being imposed. To do that will require good management for it's NOT going away. Previously they were HOPING it would go away and the regs would be lessened and not increased. Increased regs bring increased costs! We can expect a battle of words from the banks but now they are chit up the creek and have to put up or face the consequences. NO ONE IS TOO BIG TO FAIL. Govt has done enough over the past few years to NOW be able to say such and if needed let it happen. Bernanke understand the RISK. In fact much of what he is doing to the chagrin of many is do all he can to reduce risk. His view is simply the system can NOT afford another hit. HE would know. He sees the numbers. So while others are saying slow it down, stop the printing presses he's saying. NOT until I see the white of their eyes. And if some get crushed near term so be it. He's thinking long long term. His statements of late simply say OK banks I'm not letting you off the hook don't come to me for cover. Take on your share of debt, do this do that and the how you make your profits is your problem. The next days, weeks and months will put a drag on the banks, financials etc. On another note and back drop he is also saying to those who are supposed to be fiscally responsible. Let's knock off the crap. This govt can NOT support all the programs without bringing in more than one spends or at least seriously trying to fix it. That is why he'll leave. He can only do so much. Try to get the ship to stay afloat versus sinking. He too will go to some firm. He'll advise them where the weakness is and money will be made. So if you are going to buy a bank don't ignore the gorilla in the room and who is pulling the strings. BERNANKE.. He used to protect you. Now he's saying..no one is too big too fail. Fintas