Anthony Truong ‘Are US banks REALLY profitable?’ – Commentary – 22 April 2009

Various US banks, including Bank of America, Citigroup and Goldman Sachs, have recently released ‘better than expected’ quarterly results, causing some commentators to claim that the banking crisis is over, and that perhaps TARP wasn’t needed in the first place to save the financial system.
What’s interesting about these quarterly results isn’t so much the numbers [...]


‘Is it time to buy?’ – Q&A – 3 July 2008
comment 1 Comment Written by Anthony Truong on July 3, 2008 – 12:40 pm

Question: Damn; it’s not looking good on the Aussie market today either… Good buying opportunity???

Answer: HAHHAHAHAHHAHA… Media commentators are finally realising we’re in a bear market, and you’re looking for a buying opportunity? Hmmm… Weird logic…

I’ve stated previously that the Aussie market would see a “4″ in front of it soon. Only a few more points and the All Ords will join the ASX200 in 4000-territory. Lowest level for almost 2 years. Miners are getting killed… and you’re looking for a buying opportunity???

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