Comments on: Understanding Why Bank of America WILL Beat Analysts’ Estimates on Monday is the Key to Understanding Why a New Bull Market is Not Underway

By: The Irrational Exuberance of the Green Shoots | The Underground Investor

The Irrational Exuberance of the Green Shoots | The Underground Investor — Fri, 24 Jul 2009 04:14:48 +0000

[...] a constant parade of “surprise earnings that beat analyst expectations.” Since I’ve already explained in this article how this con game works, I’m not going to elaborate too much how this scam works within the confines of this present [...]

By: Lessons From the President. This is a Bear Market Rally. | The Underground Investor

Thu, 14 May 2009 17:58:05 +0000

[...] I warned that a big correction would likely be on the way in May in this article where I stated, it “would be best to heed the old investor cliché of Sell in May, Go Away.” If [...]

By: sheeple123jump

sheeple123jump — Sun, 26 Apr 2009 03:46:40 +0000

…oh,…k….my bad….(smiles)

By: J.S.

J.S. — Fri, 24 Apr 2009 06:28:43 +0000

sheeple,

You’re confusing bad credit deterioration with earnings. While BAC’s credit outlook has massively deteriorated, this is a separate and distinct issue from its earnings report. The average estimate among a polled group of analysts according to Dow Jones news wire was for BAC to declare $0.03 profit per share on Monday. BAC delared a $0.44 profit per share, smashing analysts’ estimates. So my prediction came true exactly as I stated.

By: sheeple123jump

sheeple123jump — Fri, 24 Apr 2009 00:33:21 +0000

J.S. while I agree with your perspective…what some may call a ‘conspiracy theorist’ point of view….one that I share to en even greater extent…I think you owe a more thorough explanation of this topic to your readers,heres my thought….. about what you said in tthis article…..”Free markets and capitalism have been dead concepts for a long time now in the U.S….” (I agree)….with….”financial institutions resorting to more chicanery…”…”suspending mar-to-market accounting regulations…” …etc….”…thus on monday,we can expect Bank of America to report earnings that beat analyst’s estimates…”(like goldman,wells fargo,citibank did…etc etc)
…..”all part of the big con game…”
“It would indeed be IRONIC if B of A earnings underperform analysts expectations since I’m so confident they will exceed them….”….so I think you ought to address this …..’wrong preiction’….I have a few thoughts… I completely agree with your point of view about the corruption of government in the control of markets and thats its getting worse…. I dont think you are suspicious enough…I dont think it is ‘ironic’ that Bof A earnings reports were worse …..I think it was planned.
as a diversion as part of the plan, part of the scheme of market manipulation and control….. they are not playing a simple game , theyre playing a complex strategy game, with many moving parts…and it takes deeper analysis and better vision to “see” what they are doing and how they are doing it.
I think they faked the numbers up on the other banks and ‘faked’ the numbers down on B of A in order to ‘see’ how the market responds to the ‘bad news’ its like test driving the engine…. every thing they do is done purposefully…. thats my conspiratorial point of view…. its all part of the big con game…. but your mistake was to only look at it from one or two chess moves ahead…. By releasing “worse numbers” of Bof A…they would get a glimpse of …market reaction…. like testing the waters, to see what their next move needs to be. . I dont trust the game or the game controllers for a second. the question is and will always be….how an we play this game along with them and save our wealth and maybe grow it as well….? it takes more sophisticated understanding of the corrupt game and how its being played ….. the question to ask about this move regarding the B of A ‘worse than expected numbers release’….is why did they do that? what was the public reaction to it…and what does that mean for the next moves they have planned.
its not ironic that their report was ‘worse than expected’ it was Planned as a strategic move for a reason. Like the other banks cooked numbers, B of A could easily have released “better than expected numbers” but they chose not to for a reason. thats the question we have to figure out,in order to play this corrupt game.

By: J.S.

J.S. — Mon, 20 Apr 2009 15:48:08 +0000

Jack, as always everything always comes down to timing, especially in these markets. You may do quite well with your plays above. However, it is good to see a “truth” movement developing in the financial industry because I for one, certainly believe that it needs an overhaul.

By: Jack Trujillo

Jack Trujillo — Sat, 18 Apr 2009 17:22:45 +0000

J. S., I know the way you think and i´m on your side, by all means, cause I trully believe (sadly for me and everyone) we´re heading towards a very deeps crisis here, based on your accurate and sincere predictions.
Thinking as a gambler on the Casino, wouldn´t be possible to bet against this market during May with ultrashort ETF´s as SKF or FAZ maybe? It might be a high risk move (moreover considering your prior article about the 700+ Trillion Bubble), but a wealthy one if timing is ok?

As always, thank you for your commitment on talking just the truth.

Jack.