If you're short, I'm the sucker going long....: I also want to say

Wednesday, October 21, 2009

I told tony "V reversal spike low on the VIX"

Tony said...: Just want to add that you did in fact call the spike low in the VIX about 3 minutes before the spike. Not sure if this was the premonitory sign before the Bove Bank Burp (TM).; October 21, 2009 at 5:02 PM
Eric said...: what bove said is right. as the loan loss' go down, the yield curve will be less and less advantageous for all the banks.

The United socialist Government for the banks by the banks, can only give the banks less advantage. the distance to loan from short to long, that gap will compress not expand. and as such the margin gets smaller.; October 21, 2009 at 7:40 PM
Eric said...: then there is the increased regulation.; October 21, 2009 at 7:40 PM