EVERYTHING IS TOO PREDICTABLE NOW...
DOW UP BUT RANGE-BOUND...OIL AND GAS UP, UP AND UP...
BERNANKE DOLLAR DOWN...
MC CAIN NOW A SHOO-IN AS THE NEXT PRESIDENT....
SO, I'VE DECIDED TO CLOSE THIS BLOG UNTIL AUGUST 1, 2008....
I'LL BE BACK FOR THE START OF THE CONVENTION SEASON.
USE THE LINKS AND THE SIDEBAR IF YOU CAN...
LATER....
Friday, May 16, 2008
WASHINGTON KISSES CHINA'S ASS...!
WHAT DO YOU EXPECT FROM A BANKRUPT DEBTOR...!
AND A WHOLE LOT MORE ASS KISSING TO COME...
AND A WHOLE LOT MORE ASS KISSING TO COME...
MARKETS ACHIEVE COSMIC CERTITUDE....
VERY RARE...VERY RARE INDEED...
NEVER HAS A MARKET BEEN MORE PREDICTABLE...MORE PRONE TO RALLY.
THIS IS EVEN MORE "CERTAIN" THAN THE "ALWAYS GOES UP MARKET" OF THE LATE 90'S...
I CAN'T REMEMBER A TIME WHEN THE MARKETS HAVE BEEN SO CONTROLLED...SO CERTAIN OF GOING UP WITHOUT FEAR!!
THE FED HAS REALLY TAKEN THE FEAR OUT OF INVESTMENT .... ESPECIALLY FOR THE LARGE INSTITUTIONAL INVESTORS... THEY JUST KNOW A BAILOUT WILL HAPPEN NO MATTER WHAT...
AND IF THAT AIN'T COSMIC CERTITUDE...WHAT IS...!!??
NEVER HAS A MARKET BEEN MORE PREDICTABLE...MORE PRONE TO RALLY.
THIS IS EVEN MORE "CERTAIN" THAN THE "ALWAYS GOES UP MARKET" OF THE LATE 90'S...
I CAN'T REMEMBER A TIME WHEN THE MARKETS HAVE BEEN SO CONTROLLED...SO CERTAIN OF GOING UP WITHOUT FEAR!!
THE FED HAS REALLY TAKEN THE FEAR OUT OF INVESTMENT .... ESPECIALLY FOR THE LARGE INSTITUTIONAL INVESTORS... THEY JUST KNOW A BAILOUT WILL HAPPEN NO MATTER WHAT...
AND IF THAT AIN'T COSMIC CERTITUDE...WHAT IS...!!??
NOTHING CAN STOP THIS NOW...
THE MARKETS WILL PING-PONG BETWEEN 13,000 AND 14,000 ON THE DOW ALL SUMMER...
PLENTY OF ACTION FOR THE TRADERS AND DAYTRADERS...BUT THE AVERAGE INVESTOR WILL EITHER BE DOWN..OR OUT FOR THE COMMISSIONS ON THE EXPECTED CHURNING...MOM AND POP ALWAYS BUY THE BLIP AND SELL THE DIP...FOR A NICE LOSS EVERY TIME.
OIL WILL CONTINUE UP ALMOST INDEFINITELY...
THE STREET IS PLAYING OF GAME OF THE STRAW THAT BREAKS THE CAMELS BACK WITH THE AMERICAN CONSUMER...
BUT IN THIS HYPER-LIQUIDITY ENVIRONMENT...EVEN A PUNK CONSUMER WILL NOT STOP THE ADVANCE OF ASSET PRICES...
ALL WITHIN THE TRADING RANGE... EVEN A MARCO ECONOMIC MORON LIKE BERNANKE KNOWS YOU CAN'T LET ORDINARY PEOPLE WALK AWAY WITH ANY CASH FROM THIS MARKET...
BUT LIKE MOST CASINO PLAYERS MOM AND POP PLAY TILL THEY LOSE IT ALL...
IT'S AMAZINGLY HOW LITTLE CREDIBILITY THE FED AND WALL STREET HAVE WITH THE GENERAL PUBLIC...
EVERYONE IS A CYNIC NOWADAZE... SO GLOOM AND DOOM IS ONE OF THE CROWD NOW!!
AND THAT'S ENOUGH TO MAKE ME WANT TO START CALLING THIS PLACE..."SWEETNESS AND LIGHT".... WELL, MAYBE HAVE OBAMA IS IN OFFICE...
PLENTY OF ACTION FOR THE TRADERS AND DAYTRADERS...BUT THE AVERAGE INVESTOR WILL EITHER BE DOWN..OR OUT FOR THE COMMISSIONS ON THE EXPECTED CHURNING...MOM AND POP ALWAYS BUY THE BLIP AND SELL THE DIP...FOR A NICE LOSS EVERY TIME.
OIL WILL CONTINUE UP ALMOST INDEFINITELY...
THE STREET IS PLAYING OF GAME OF THE STRAW THAT BREAKS THE CAMELS BACK WITH THE AMERICAN CONSUMER...
BUT IN THIS HYPER-LIQUIDITY ENVIRONMENT...EVEN A PUNK CONSUMER WILL NOT STOP THE ADVANCE OF ASSET PRICES...
ALL WITHIN THE TRADING RANGE... EVEN A MARCO ECONOMIC MORON LIKE BERNANKE KNOWS YOU CAN'T LET ORDINARY PEOPLE WALK AWAY WITH ANY CASH FROM THIS MARKET...
BUT LIKE MOST CASINO PLAYERS MOM AND POP PLAY TILL THEY LOSE IT ALL...
IT'S AMAZINGLY HOW LITTLE CREDIBILITY THE FED AND WALL STREET HAVE WITH THE GENERAL PUBLIC...
EVERYONE IS A CYNIC NOWADAZE... SO GLOOM AND DOOM IS ONE OF THE CROWD NOW!!
AND THAT'S ENOUGH TO MAKE ME WANT TO START CALLING THIS PLACE..."SWEETNESS AND LIGHT".... WELL, MAYBE HAVE OBAMA IS IN OFFICE...
Thursday, May 15, 2008
THIS MUCH I KNOW...
THE CURRENT DISMAL STATE HAS SOME ADVANTAGES...
FOR ONCE I ACTUALLY "KNOW SOMETHING" FOR CERTAIN...!
I KNOW THAT:
1. THE MARKET WILL NOT "CRASH"....BECAUSE OF THE BERNANKE HYPER-LIQUIDITY.
2. OIL WILL KEEP GOING UP ...BECAUSE OF THE BERNANKE HYPER-LIQUIDITY.
THIS IS CERTAINTY ON A COSMIC LEVEL... SOMETHING VERY VERY RARE IN THE HUMAN EXPERIENCE... I LOVE CERTAINTY AND PREDICABILITY...DON'T YOU?
WHY ARE WE EVEN WORRIED ABOUT THIS STUFF...?
WELL PROBABLY BECAUSE WE CAN'T AFFORD TO GO ANYWHERE BECAUSE OF HIGH GAS PRICES...
FOR ONCE I ACTUALLY "KNOW SOMETHING" FOR CERTAIN...!
I KNOW THAT:
1. THE MARKET WILL NOT "CRASH"....BECAUSE OF THE BERNANKE HYPER-LIQUIDITY.
2. OIL WILL KEEP GOING UP ...BECAUSE OF THE BERNANKE HYPER-LIQUIDITY.
THIS IS CERTAINTY ON A COSMIC LEVEL... SOMETHING VERY VERY RARE IN THE HUMAN EXPERIENCE... I LOVE CERTAINTY AND PREDICABILITY...DON'T YOU?
WHY ARE WE EVEN WORRIED ABOUT THIS STUFF...?
WELL PROBABLY BECAUSE WE CAN'T AFFORD TO GO ANYWHERE BECAUSE OF HIGH GAS PRICES...
IT NEVER GOES UP...
NOW THEY TELL US...
WE SHOULD HAVE BOUGHT GOLD BACK WHEN THE DOLLAR WAS STILL WORTH SOMETHING...! PUNK STOCKS...AND A WEAK DOLLAR...AND INFLATION...
YOUR REPUBLICAN KONGRESS AT WORK...IT TOOK 20 YEARS BUT THEY FINALLY TRASHED THE US ECONOMY GOOD!!
AND HERE YOU THOUGHT IT WAS ONLY ABOUT GETTING THOSE "BLACK BUCKS" OFF FOOD STAMPS!!
WELL BUBBA-STUPID...THERE WAS ANOTHER AGENDA...
A SECRET AGENDA THAT THEY DIDN'T TELL YOU ABOUT...WHILE YOU WERE LAPPING UP THE GOSPEL ACCORDING TO RUSH!
WE SHOULD HAVE BOUGHT GOLD BACK WHEN THE DOLLAR WAS STILL WORTH SOMETHING...! PUNK STOCKS...AND A WEAK DOLLAR...AND INFLATION...
YOUR REPUBLICAN KONGRESS AT WORK...IT TOOK 20 YEARS BUT THEY FINALLY TRASHED THE US ECONOMY GOOD!!
AND HERE YOU THOUGHT IT WAS ONLY ABOUT GETTING THOSE "BLACK BUCKS" OFF FOOD STAMPS!!
WELL BUBBA-STUPID...THERE WAS ANOTHER AGENDA...
A SECRET AGENDA THAT THEY DIDN'T TELL YOU ABOUT...WHILE YOU WERE LAPPING UP THE GOSPEL ACCORDING TO RUSH!
FED'S TOXIC "RALLY" CONTINUES! MARKET IS A LIQUIDITY ZOMBIE!!
THIS IS NOT A STOCK "MARKET" ANYMORE...
NONE DARE CALL THIS A REAL "MARKET."
IT'S SOME KIND OF ZOMBIE CREATED BY THE FED AND THE LARGE INSTITUTIONS...
IT CAN'T GO UP...FOR FEAR OF SPREADING THE INFLATION AROUND...
BUT IT CAN'T GO DOWN BECAUSE THE MONEY IS STUFFED INTO THE BIG INSTITUTIONS TO PREVENT ANY 1930'S STYLE "LIQUIDITY COLLAPSE."
SO IT'S UNREAL, UNDEAD....IN SHORT....A ZOMBIE MARKET!!
NONE DARE CALL THIS A REAL "MARKET."
IT'S SOME KIND OF ZOMBIE CREATED BY THE FED AND THE LARGE INSTITUTIONS...
IT CAN'T GO UP...FOR FEAR OF SPREADING THE INFLATION AROUND...
BUT IT CAN'T GO DOWN BECAUSE THE MONEY IS STUFFED INTO THE BIG INSTITUTIONS TO PREVENT ANY 1930'S STYLE "LIQUIDITY COLLAPSE."
SO IT'S UNREAL, UNDEAD....IN SHORT....A ZOMBIE MARKET!!
WIEMAR BEN SAYS: " IT ALWAYS GOES UP!!"
BUT YOU'D HAVE TO HAVE BEEN A GERMAN IN THE 1920'S TO UNDERSTAND WHAT THAT REALLY MEANS!!
MARKET WILL SOAR ON BAD DATA...OR ANY DATA.
IT'S ALL ABOUT MASSIVE FED SUPPLIED LIQUIDITY ON WALL STREET NOW...
THE DATA POINTS ARE NOT NECESSARY ANYMORE... BUT WERE THEY EVER...?
HAVE WE NOW MERELY DROPPED THE "MASK" OF THE 1990'S...?
NOW...JUST LIKE IN WIEMAR GERMANY..."IT ALWAYS GOES UP!!"
WE ARE PAYING THE PRICE FOR OUR LITTLE MANTRA OF THE 90'S !!
THE DATA POINTS ARE NOT NECESSARY ANYMORE... BUT WERE THEY EVER...?
HAVE WE NOW MERELY DROPPED THE "MASK" OF THE 1990'S...?
NOW...JUST LIKE IN WIEMAR GERMANY..."IT ALWAYS GOES UP!!"
WE ARE PAYING THE PRICE FOR OUR LITTLE MANTRA OF THE 90'S !!
OIL ON FIRE!! $130 LOOMS! $4 GAS INEVITABLE NOW!
TWO MORE WEEKS TILL MEMORIAL DAY AND THE START OF THE SUMMER DRIVING SEASON...!
PLENTY OF TIME FOR GAS TO HIT $4...! AS IT NOW MUST!!
PLENTY OF TIME FOR GAS TO HIT $4...! AS IT NOW MUST!!
BERNANKE FUNDING TOXIC M&A ACTION TO GOOSE MARKETS SHORT TERM
IN THE LONG RUN...JUST ANOTHER BAILOUT WAITING TO HAPPEN...
BERNANKE SEES DOOMSDAY SCENARIO AHEAD...
OIL RALLY CONTINUES...
DOLLAR STILL FUCKED BAD BY FED!
CATCH-22... SAVE THE REAL ECONOMY...OR SAVE WALL STREET.
BERNANKE IS GOING TO SAVE WALL STREET...AND LET MAIN STREET SINK!
THE LOGIC IS THAT YOU SAVE THE MACRO AND LET THE MICRO GO...
THE ONLY PROBLEM IS THAT IT'S THE MACRO STUFF...ALONG WITH MASSIVE GREED ON THE PART OF INTERNATIONAL CAPITAL THAT HAS CAUSED THE PROBLEM IN THE FIRST PLACE...
BERNANKE SEEMS TO THINK THAT THE ONLY REAL PROBLEM YOU HAVE WITH A DRUNK...IS KEEPING HIS LIQUOR CABINET WELL STOCKED!!
BERNANKE HAS BECOME THE PITIFUL ENABLER OF THE COMING CATASTROPHE.
RIGHT NOW BERNANKE IS RUNNING THIS ECONOMY...WHILE DUI!! ...OF WALL STREET, INTERNATIONAL CAPITAL...AND THE GOSPEL OF GREED OF THE 1990's!
DOLLAR STILL FUCKED BAD BY FED!
CATCH-22... SAVE THE REAL ECONOMY...OR SAVE WALL STREET.
BERNANKE IS GOING TO SAVE WALL STREET...AND LET MAIN STREET SINK!
THE LOGIC IS THAT YOU SAVE THE MACRO AND LET THE MICRO GO...
THE ONLY PROBLEM IS THAT IT'S THE MACRO STUFF...ALONG WITH MASSIVE GREED ON THE PART OF INTERNATIONAL CAPITAL THAT HAS CAUSED THE PROBLEM IN THE FIRST PLACE...
BERNANKE SEEMS TO THINK THAT THE ONLY REAL PROBLEM YOU HAVE WITH A DRUNK...IS KEEPING HIS LIQUOR CABINET WELL STOCKED!!
BERNANKE HAS BECOME THE PITIFUL ENABLER OF THE COMING CATASTROPHE.
RIGHT NOW BERNANKE IS RUNNING THIS ECONOMY...WHILE DUI!! ...OF WALL STREET, INTERNATIONAL CAPITAL...AND THE GOSPEL OF GREED OF THE 1990's!
Wednesday, May 14, 2008
WHOLE FOODS FLOPS...EVERYONE IS BUYING FOOD AT THE DOLLAR STORE NOW!!
DOLLAR STORES ARE ALL OVER THE PLACE... EVERY SMALL TOWN HAS ONE... OR TWO!!
AND IT'S NOT JUST THE POOR THAT SHOP THERE!
A LOT OF PROFESSIONALS ARE SHOPPING THERE TO AFFORD THE OTHER SHIT THEY CAN'T AFFORD SINCE BERNANKE AND THE REPUBLICANS TRASHED THE REAL ECONOMY ON MAIN STREET...!!
AND IT'S NOT JUST THE POOR THAT SHOP THERE!
A LOT OF PROFESSIONALS ARE SHOPPING THERE TO AFFORD THE OTHER SHIT THEY CAN'T AFFORD SINCE BERNANKE AND THE REPUBLICANS TRASHED THE REAL ECONOMY ON MAIN STREET...!!
IS AMERICA STILL RELEVANT...?
I'VE NOTICED A MARKED DECLINE IN THE NUMBER OF FOREIGN VIEWERS OF THIS SITE...ESPECIALLY FROM EUROLAND...
OF COURSE THAT COULD BE FOR A NUMBER OF REASONS...LIKE BAD OR BORING CONTENT.
BUY MY HUNCH IS THAT AMERICA HAS BEEN "CUT LOOSE" BY THE GLOBAL COMMUNITY UNTIL PERHAPS THE NEW PRESIDENT IS IN OFFICE IN JANUARY...
RIGHT NOW, WE ARE JUST DRIFTING WITH DUBYA TOWARD THE DISMAL END OF HIS DISASTEROUS TERMS IN OFFICE...
IN MANY WAYS THE WEAK DOLLAR IS A METAPHOR FOR THE DROP IN VIEWERS FROM OUTSIDE OF THE US...
WE ARE INCREASINGLY IRRELEVANT IN THE WORLD!
SORRY BUBBA-STUPID...NOBODY GIVES A FUCK WHAT YOU THINK... ABOUT "FLAG PINS" OR ANY OF YOUR OTHER BULLSHIT NOTIONS!
OF COURSE THAT COULD BE FOR A NUMBER OF REASONS...LIKE BAD OR BORING CONTENT.
BUY MY HUNCH IS THAT AMERICA HAS BEEN "CUT LOOSE" BY THE GLOBAL COMMUNITY UNTIL PERHAPS THE NEW PRESIDENT IS IN OFFICE IN JANUARY...
RIGHT NOW, WE ARE JUST DRIFTING WITH DUBYA TOWARD THE DISMAL END OF HIS DISASTEROUS TERMS IN OFFICE...
IN MANY WAYS THE WEAK DOLLAR IS A METAPHOR FOR THE DROP IN VIEWERS FROM OUTSIDE OF THE US...
WE ARE INCREASINGLY IRRELEVANT IN THE WORLD!
SORRY BUBBA-STUPID...NOBODY GIVES A FUCK WHAT YOU THINK... ABOUT "FLAG PINS" OR ANY OF YOUR OTHER BULLSHIT NOTIONS!
BERNANKE IN POLITICS...?
THE SPECULATION THAT THE FED WILL RAISE RATES IN OCTOBER IS INTERESTING...
THAT WOULD SPIKE THE DOLLAR...(STOCKS WILL ALREADY BE OVER-BLOATED BY THEN)...
AND OIL WILL FALL ... MAKING GAS DRAMATICALLY CHEAPER FOR A WHILE...
JUST BEFORE THE ELECTION!! IN TIME TO GIVE BUBBA-STUPID ANOTHER CHANCE TO VOTE REPUBLICAN....
I CONSIDER MC CAIN TO BE A SHOO-IN FOR THE PRESIDENCY THIS YEAR...IN ANY EVENT...
THE BIG ISSUE AFTER AUGUST WILL BE ...NOT THE WAR, OR GAS PRICES, OR JOBS OR THE DEFICITS....
BUT...(DRUM ROLL PLEASE....)
FLAG PINS...AND WHETHER OBAMA IS A "SECRET" MUSLIM WHO "HATES AMERICA."
AND REMEMBER, AS ALWAYS, YOU HEARD IT HERE FIRST...!!
THAT WOULD SPIKE THE DOLLAR...(STOCKS WILL ALREADY BE OVER-BLOATED BY THEN)...
AND OIL WILL FALL ... MAKING GAS DRAMATICALLY CHEAPER FOR A WHILE...
JUST BEFORE THE ELECTION!! IN TIME TO GIVE BUBBA-STUPID ANOTHER CHANCE TO VOTE REPUBLICAN....
I CONSIDER MC CAIN TO BE A SHOO-IN FOR THE PRESIDENCY THIS YEAR...IN ANY EVENT...
THE BIG ISSUE AFTER AUGUST WILL BE ...NOT THE WAR, OR GAS PRICES, OR JOBS OR THE DEFICITS....
BUT...(DRUM ROLL PLEASE....)
FLAG PINS...AND WHETHER OBAMA IS A "SECRET" MUSLIM WHO "HATES AMERICA."
AND REMEMBER, AS ALWAYS, YOU HEARD IT HERE FIRST...!!
DOW ...TOPPY THEN FLOPPY
NOTICE HOW THE DOW "FOLLOWS" A CERTAIN ROUND NUMBER ALL DAY... TODAY'S NUMBER IS 12,950 ON THE DOW...
IT'S JUST GOOD "MARKET MANAGEMENT" BY THE FED AND IT'S SHILLS ON THE STREET...IE THE "BIG INSTITUTIONS!"
MEGA-WEALTH IS SO CONCENTRATED NOW THAT THE ELITES CAN "PRICE" THE MARKET AT ANY NUMBER THEY WANT...
OF COURSE THERE IS MASSIVE INFLATION AT THE MAIN STREET LEVEL...WHERE THE BUBBA-STUPIDS LIVE...
BUT THEY DON'T COUNT ANYMORE... THEY ARE SO PISS POOR BROKE THAT THEY AREN'T RELEVANT TO THE MARKET IN ANY WAY...
IT'S JUST GOOD "MARKET MANAGEMENT" BY THE FED AND IT'S SHILLS ON THE STREET...IE THE "BIG INSTITUTIONS!"
MEGA-WEALTH IS SO CONCENTRATED NOW THAT THE ELITES CAN "PRICE" THE MARKET AT ANY NUMBER THEY WANT...
OF COURSE THERE IS MASSIVE INFLATION AT THE MAIN STREET LEVEL...WHERE THE BUBBA-STUPIDS LIVE...
BUT THEY DON'T COUNT ANYMORE... THEY ARE SO PISS POOR BROKE THAT THEY AREN'T RELEVANT TO THE MARKET IN ANY WAY...
RAUSCHENBERG DIES: AMERICAN POST WAR ARTIST
HE WAS NEVER QUITE "POP"... PERHAPS, PROTO-POP...?
AND NOT QUITE IN THE ABSTRACT EXPRESSIONIST GROUP.
I'VE ALWAYS CONSIDERED RAUSCHENBERG TO BE LIKE JOSEPH CORNELL --WITH HIS COLLAGED BOXES... UNIQUE AND HARD TO IMITATE. PERHAPS A BIT "POST-SURREALIST" "POST-DADA"... REMEMBER THIS WAS ALL HAPPENING FAIRLY EARLY...LATE 40'S TO MID 50'S...
RAUSCHENBERG WAS THE BRIDGE BETWEEN THESE TWO GREAT AMERICAN POST-WAR ART MOVEMENTS...THE EXPRESSIONISM OF POLLACK, KLINE, ETAL...AND THE POP ARTISTS YET TO COME.
AND NOT QUITE IN THE ABSTRACT EXPRESSIONIST GROUP.
I'VE ALWAYS CONSIDERED RAUSCHENBERG TO BE LIKE JOSEPH CORNELL --WITH HIS COLLAGED BOXES... UNIQUE AND HARD TO IMITATE. PERHAPS A BIT "POST-SURREALIST" "POST-DADA"... REMEMBER THIS WAS ALL HAPPENING FAIRLY EARLY...LATE 40'S TO MID 50'S...
RAUSCHENBERG WAS THE BRIDGE BETWEEN THESE TWO GREAT AMERICAN POST-WAR ART MOVEMENTS...THE EXPRESSIONISM OF POLLACK, KLINE, ETAL...AND THE POP ARTISTS YET TO COME.
EVEN STOCKS OF "RETAIL LOSERS" SOAR ON FED LIQUIDITY BINGE!!
STOCKS WILL BE IN A RANGE BOUND "RALLY MODE" ALL SUMMER...
AT SOME POINT THE FOOD AND GAS PRICES WILL TRICKLE UP AND BITE WALL STREET ON THE ASS...
BUT RIGHT NOW IT'S ALL ABOUT BERNANKE AND HIS AMAZING DOLLAR PRINTING MACHINE AT THE FED....
LIQUIDITY OUT THE ASS FOR THE REST OF THIS YEAR...!!
THE DOLLAR WILL BE HARD TO LOVE...AND OIL AND GOLD WILL "DO THEIR THING"...WITH PLENTY OF FED BASHING ALONG THE WAY...
JOBS WILL FALL.... ITS' OVER FOR THE AMERICAN WORKER...
BUT WALL STREET'S ANSWER IS:
"WHO NEEDS THE AMERICAN BUBBA-STUPIDS NOW"
...WE HAVE CHINA, INDIA, SOUTH AMERICA THE ENTIRE WORLD IS OURS TO SELL TO... LET BUBBA-STUPID FIGHT OVER "FLAG-PINS"!!
OK AT SOME POINT THE ENTIRE HOUSE OF CARDS COLLAPSES...
BUT NOT "NOW"...
AND ON WALL STREET "NOW" IS THE ONLY WORD THAT MATTERS...
AT SOME POINT THE FOOD AND GAS PRICES WILL TRICKLE UP AND BITE WALL STREET ON THE ASS...
BUT RIGHT NOW IT'S ALL ABOUT BERNANKE AND HIS AMAZING DOLLAR PRINTING MACHINE AT THE FED....
LIQUIDITY OUT THE ASS FOR THE REST OF THIS YEAR...!!
THE DOLLAR WILL BE HARD TO LOVE...AND OIL AND GOLD WILL "DO THEIR THING"...WITH PLENTY OF FED BASHING ALONG THE WAY...
JOBS WILL FALL.... ITS' OVER FOR THE AMERICAN WORKER...
BUT WALL STREET'S ANSWER IS:
"WHO NEEDS THE AMERICAN BUBBA-STUPIDS NOW"
...WE HAVE CHINA, INDIA, SOUTH AMERICA THE ENTIRE WORLD IS OURS TO SELL TO... LET BUBBA-STUPID FIGHT OVER "FLAG-PINS"!!
OK AT SOME POINT THE ENTIRE HOUSE OF CARDS COLLAPSES...
BUT NOT "NOW"...
AND ON WALL STREET "NOW" IS THE ONLY WORD THAT MATTERS...
STOCKS SOAR ON MASSIVE FOOD AND GAS PRICE INFLATION
ITS A TALE OF TWO MARKETS NOW...
WALL STREET LOVES ASSET INFLATION....
MAIN STREET HATES REAL PRICE INFLATION....
THE PROBLEM IS THAT THEY ARE TWO SIDES OF THE SAME COIN!!
BERNANKE HAS PROMISED WALL STREET ALL THE MONEY THEY NEED TO KEEP THE ASSET INFLATION GOING....SUPPOSEDLY TO "SAVE THE BANKS.!"
BUT MAIN STREET IS ON THEIR OWN!!
MAIN STREET AMERICA IS JUST NOT THAT POWERFUL THESE DAZE...
THE AMERICAN CONSUMER HAS BEEN TOSSED OVERBOARD BY INTERNATIONAL CAPITAL...THE WORLD IS THEIR OYSTER NOW....MAIN STREET AMERICA IS LESS AND LESS IMPORTANT TO THE MULTI-NATIONALS' BOTTOM LINE!
SORRY BUBBA-STUPID....YOU'RE AN IRRELEVANT FUCKIN LOSER...BECAUSE YOU VOTED REPUBLICAN FOR THE LAST 20 YEARS...
NOW DEAL WITH ... AT THE GAS PUMP AND AT THE SUPERMARKET...!!
WALL STREET LOVES ASSET INFLATION....
MAIN STREET HATES REAL PRICE INFLATION....
THE PROBLEM IS THAT THEY ARE TWO SIDES OF THE SAME COIN!!
BERNANKE HAS PROMISED WALL STREET ALL THE MONEY THEY NEED TO KEEP THE ASSET INFLATION GOING....SUPPOSEDLY TO "SAVE THE BANKS.!"
BUT MAIN STREET IS ON THEIR OWN!!
MAIN STREET AMERICA IS JUST NOT THAT POWERFUL THESE DAZE...
THE AMERICAN CONSUMER HAS BEEN TOSSED OVERBOARD BY INTERNATIONAL CAPITAL...THE WORLD IS THEIR OYSTER NOW....MAIN STREET AMERICA IS LESS AND LESS IMPORTANT TO THE MULTI-NATIONALS' BOTTOM LINE!
SORRY BUBBA-STUPID....YOU'RE AN IRRELEVANT FUCKIN LOSER...BECAUSE YOU VOTED REPUBLICAN FOR THE LAST 20 YEARS...
NOW DEAL WITH ... AT THE GAS PUMP AND AT THE SUPERMARKET...!!
BUBBA LOVES HILLARY...NOT THE BLACK GUY!
THE BIG QUESTION IS:
WILL BUBBA-STUPID VOTE FOR OBAMA...?
NOW, AT THE START OF THIS RACE I NOTED THAT MY UNSCIENTIFIC POLL OF BUBBA YOUNG MALES...SAID THAT THEY ACTUALLY PREFERRED OBAMA OVER HILLARY... EVEN LAUGHING AT HILLARY AND HIGH 5-ING FOR OBAMA...
I MEAN ... HEY, IT'S LIKE A "COOL" BLACK DUDE...OR "YOUR MOTHER...!"
COME ON...BUBBA GUMP! WASSUP BRO...?
NOW SUDDENLY THE "WHITE GUYS" ARE GOING FOR HILLARY...AND NOT OBAMA...? I DON'T GET IT...?? WHAT HAPPEN...?
BUT, IF THESE WHITE GUYS HATE OBAMA...AGAINST HILLARY...
THEY WILL LOATHE HILLARY AGAINST MC CAIN...!
THE ONLY HOPE IS THAT OBAMA CAN DECONSTRUCT MC CAIN ON NATIONAL TV... AND TURN HIM INTO A BABBLING SENILE OLD FART DURING THE NATIONAL DEBATES...IN FRONT OF MILLIONS OF VOTERS.
MC CAIN CAN THINK ON HIS FEET...BUT NOT REAL FAST...
HE HAS TO THINK ABOUT ALL THE DIFFERENT SHIT HE SAID IN THE PAST...
MC CAIN HAS BEEN A FLIP FLOPPER ...AN ALL ROUND ROYAL PAIN IN THE ASS FOR REPUBLICANS ON ALOT OF KEY ISSUES... GOOD, BAD...CAN'T REMEMBER...HAVING A SENIOR MOMENT LIKE HILLARY...?
ALSO REMEMBER...HILLARY IS A WELL KNOWN QUANTITY TO BUBBA VOTERS...AND OBAMA IS THE NEW FACE OF THE NEW GENERATION...
MC CAIN...WELL, PERHAPS THE VERY OLD FACE OF THE VERY OLD GENERATION...?
AND THE YOUNG STUDS ARE GOING TO GO FOR THAT...?
YOU WHIMPS!! ....I DONT SEE IT...
GIVEN THE DISMAL STATE OF THE ECONOMY AND THE WAR...
IF OBAMA CAN'T MOP THE FLOOR WITH MC CAIN AT THE DEBATES...
WELL, THEN HE'S NOT READY TO BE PRESIDENT...
WILL BUBBA-STUPID VOTE FOR OBAMA...?
NOW, AT THE START OF THIS RACE I NOTED THAT MY UNSCIENTIFIC POLL OF BUBBA YOUNG MALES...SAID THAT THEY ACTUALLY PREFERRED OBAMA OVER HILLARY... EVEN LAUGHING AT HILLARY AND HIGH 5-ING FOR OBAMA...
I MEAN ... HEY, IT'S LIKE A "COOL" BLACK DUDE...OR "YOUR MOTHER...!"
COME ON...BUBBA GUMP! WASSUP BRO...?
NOW SUDDENLY THE "WHITE GUYS" ARE GOING FOR HILLARY...AND NOT OBAMA...? I DON'T GET IT...?? WHAT HAPPEN...?
BUT, IF THESE WHITE GUYS HATE OBAMA...AGAINST HILLARY...
THEY WILL LOATHE HILLARY AGAINST MC CAIN...!
THE ONLY HOPE IS THAT OBAMA CAN DECONSTRUCT MC CAIN ON NATIONAL TV... AND TURN HIM INTO A BABBLING SENILE OLD FART DURING THE NATIONAL DEBATES...IN FRONT OF MILLIONS OF VOTERS.
MC CAIN CAN THINK ON HIS FEET...BUT NOT REAL FAST...
HE HAS TO THINK ABOUT ALL THE DIFFERENT SHIT HE SAID IN THE PAST...
MC CAIN HAS BEEN A FLIP FLOPPER ...AN ALL ROUND ROYAL PAIN IN THE ASS FOR REPUBLICANS ON ALOT OF KEY ISSUES... GOOD, BAD...CAN'T REMEMBER...HAVING A SENIOR MOMENT LIKE HILLARY...?
ALSO REMEMBER...HILLARY IS A WELL KNOWN QUANTITY TO BUBBA VOTERS...AND OBAMA IS THE NEW FACE OF THE NEW GENERATION...
MC CAIN...WELL, PERHAPS THE VERY OLD FACE OF THE VERY OLD GENERATION...?
AND THE YOUNG STUDS ARE GOING TO GO FOR THAT...?
YOU WHIMPS!! ....I DONT SEE IT...
GIVEN THE DISMAL STATE OF THE ECONOMY AND THE WAR...
IF OBAMA CAN'T MOP THE FLOOR WITH MC CAIN AT THE DEBATES...
WELL, THEN HE'S NOT READY TO BE PRESIDENT...
Tuesday, May 13, 2008
REAL ESTATE WAS A PONZI SCHEME AT THE END...
AND LIKE A CLASSIC PONZI SCHEME... ABOUT A 90% LOSS IS POSSIBLE. IMPOSSIBLE?
WELL IT TAKES A SELLER...AND A BUYER ....TO SET A PRICE...
AND RIGHT NOW THERE ARE NO BUYERS IN THE MARKET AT ANY PRICE IT SEEMS...
BUT PRICES HAVE NOT COME DOWN THAT MUCH YET...
MY HUNCH IS WE AT LEAST GO BACK TO 1990 PRICES ON REAL ESTATE... THAT WOULD WASH OUT A LOT OF THE BUBBLE...AND SOME OF THE INFLATION.
WELL IT TAKES A SELLER...AND A BUYER ....TO SET A PRICE...
AND RIGHT NOW THERE ARE NO BUYERS IN THE MARKET AT ANY PRICE IT SEEMS...
BUT PRICES HAVE NOT COME DOWN THAT MUCH YET...
MY HUNCH IS WE AT LEAST GO BACK TO 1990 PRICES ON REAL ESTATE... THAT WOULD WASH OUT A LOT OF THE BUBBLE...AND SOME OF THE INFLATION.
DAVID BROOKS EATS BAD MUSHROOMS....?
ONLY ON THE NYT OPED PAGE CAN YOU STILL FIND ARGUMENTS ABOUT THE EXISTENCE OF GOD...
AND HOW SOME BRAIN DAMAGED PEOPLE GET MESSAGES FROM "ANOTHER PLANE" OF EXISTENCE.
BROOKS CLAIMS "squishy things" ARE THE NEW REALITY...
WELL PERHAPS... THERE HAS BEEN A LOT OF SQUISHY THINKING ABOUT THE ECONOMY THESE DAZE..
AND HOW SOME BRAIN DAMAGED PEOPLE GET MESSAGES FROM "ANOTHER PLANE" OF EXISTENCE.
BROOKS CLAIMS "squishy things" ARE THE NEW REALITY...
WELL PERHAPS... THERE HAS BEEN A LOT OF SQUISHY THINKING ABOUT THE ECONOMY THESE DAZE..
FUTURE IS OPAQUE....BUT DAMN THOSE GAS PRICES!
OK $4 BY THE FOURTH...HA HA!!
BUT DAMN...! THAT MAY ACTUALLY HAPPEN...
WE ARE JUST A PARADIGMS OFF THAT NOW IN MY NEIGBORHOOD...!!
WHAT OF TOURISM IN THE US THIS SUMMER... THERE ARE A LOT OF SMALL TOWNS THAT RELY ON SUMMER TOURISM FOR THEIR MONEY...
EVERYONE IS AFRAID TO START THEIR CAR NOWADAYS....
IT COST 50 CENTS TO GET OUT OF THE DRIVEWAY...
AND LONG DISTANCE TRAVEL ON THE INTERSTATES...? I DON'T THINK SO...NOT @ $4 per GAL!!
BUT DAMN...! THAT MAY ACTUALLY HAPPEN...
WE ARE JUST A PARADIGMS OFF THAT NOW IN MY NEIGBORHOOD...!!
WHAT OF TOURISM IN THE US THIS SUMMER... THERE ARE A LOT OF SMALL TOWNS THAT RELY ON SUMMER TOURISM FOR THEIR MONEY...
EVERYONE IS AFRAID TO START THEIR CAR NOWADAYS....
IT COST 50 CENTS TO GET OUT OF THE DRIVEWAY...
AND LONG DISTANCE TRAVEL ON THE INTERSTATES...? I DON'T THINK SO...NOT @ $4 per GAL!!
OIL SOARS ON BERNANKE SPEECH...!
THE FED JUST GAVE THE OIL RALLY...ANOTHER BIG PUSH!!
OIL AT $130...SOON! BY THE END OF MAY IF NOT SOONER!!
OIL AT $130...SOON! BY THE END OF MAY IF NOT SOONER!!
HUGE M&A RALLY WILL DRIVE DOW ABOVE 15,000!!
I FEEL SOME HAPPY TALK COMING ON...AND A BIG HAPPY TALK RALLY.
MY SENSE IS THAT THIS IS GOING TO BE OUR M&A SUMMER!! WITH BIG RALLIES IN STOCKS NO MATTER HOW BAD THE REAL ECONOMY IS...
AFTER ALL, DOES THE AMERICAN BUBBA-STUPID REALLY HAVE ANY POWER THESE DAYS...
THEY AREN'T THE "WORLD'S CONSUMERS" AS IN THE PAST...
THEY ARE JUST A BUNCH OF PISS POOR ASSHOLES... WITHOUT REAL JOBS OR HEALTH INSURANCE...AND WITH MORTGAGE AND CREDIT CARD DEBTS OUT THE ASS...THAT THEY CAN'T EVEN GO BANKRUPT ON ...
BECAUSE THE CREDIT CARD COMPANIES PAID THE REPUBLICAN KONGRESS FOR A NEW BANKRUPTCY LAW!
SORRY BUBBA-STUPID THIS AIN'T YOUR WORLD ANYMORE...
JUST KEEP YOUR LITTLE MIND SPINNING ABOUT THE ANTI-CHRIST...AND LISTEN TO RUSH DAILY...!
AND LET THE REST OF US MOVE ON...
MY SENSE IS THAT THIS IS GOING TO BE OUR M&A SUMMER!! WITH BIG RALLIES IN STOCKS NO MATTER HOW BAD THE REAL ECONOMY IS...
AFTER ALL, DOES THE AMERICAN BUBBA-STUPID REALLY HAVE ANY POWER THESE DAYS...
THEY AREN'T THE "WORLD'S CONSUMERS" AS IN THE PAST...
THEY ARE JUST A BUNCH OF PISS POOR ASSHOLES... WITHOUT REAL JOBS OR HEALTH INSURANCE...AND WITH MORTGAGE AND CREDIT CARD DEBTS OUT THE ASS...THAT THEY CAN'T EVEN GO BANKRUPT ON ...
BECAUSE THE CREDIT CARD COMPANIES PAID THE REPUBLICAN KONGRESS FOR A NEW BANKRUPTCY LAW!
SORRY BUBBA-STUPID THIS AIN'T YOUR WORLD ANYMORE...
JUST KEEP YOUR LITTLE MIND SPINNING ABOUT THE ANTI-CHRIST...AND LISTEN TO RUSH DAILY...!
AND LET THE REST OF US MOVE ON...
LIQUIDITY WILL PUSH MASSIVE M&A ALL SUMMER!!
THE WALL STREET BANKS ARE STUFFED WITH NEW "BERNANKE CASH"...AND THERE IS NOTHING TO SPEND IT ON EXCEPT...
OIL! OR M&A...
SO EXPECT STOCKS TO BE DRIVEN BY A MASSIVE AMOUNT OF M&A ACTIVITY ALL SUMMER....
NOTHING WILL BE "RIGHT" IN THE REAL ECONOMY .... BUT IT DOESN'T REALLY MATTER FROM WALL STREET'S POINT OF VIEW AS LONG AS CASH IS AVAILABLE TO "DO DEALS".... AFTER ALL, ITS THE DEALS THAT PRODUCE THE BONUSES... AND BERNANKE IS RUNNING THE ENTIRE ECONOMY SO THAT WALL STREET BONUSES ARE PROTECTED FIRST AND FOREMOST...
AND ALAS, THE DOLLAR BE DAMED!
AND MAIN STREET BE DAMNED AS WELL...
THAT'S JUST THE WAY IT IS THESE DAZE...
THE COLLAPSE WILL COME... BUT PROBABLY NOT THIS SUMMER OR EVEN THIS YEAR...
THE M&A WILL "PROTECT" US FOR A WHILE... NONE OF THIS M&A ACTION MAKES ANY SENSE AND IT WILL ALL NEED A "BAILOUT" IN THE FUTURE!
THE INTERNATIONAL CAPITAL ELITES ARE STILL MASSIVELY OUT OF CONTROL!
SO THE BEAT GOES ON...
OIL! OR M&A...
SO EXPECT STOCKS TO BE DRIVEN BY A MASSIVE AMOUNT OF M&A ACTIVITY ALL SUMMER....
NOTHING WILL BE "RIGHT" IN THE REAL ECONOMY .... BUT IT DOESN'T REALLY MATTER FROM WALL STREET'S POINT OF VIEW AS LONG AS CASH IS AVAILABLE TO "DO DEALS".... AFTER ALL, ITS THE DEALS THAT PRODUCE THE BONUSES... AND BERNANKE IS RUNNING THE ENTIRE ECONOMY SO THAT WALL STREET BONUSES ARE PROTECTED FIRST AND FOREMOST...
AND ALAS, THE DOLLAR BE DAMED!
AND MAIN STREET BE DAMNED AS WELL...
THAT'S JUST THE WAY IT IS THESE DAZE...
THE COLLAPSE WILL COME... BUT PROBABLY NOT THIS SUMMER OR EVEN THIS YEAR...
THE M&A WILL "PROTECT" US FOR A WHILE... NONE OF THIS M&A ACTION MAKES ANY SENSE AND IT WILL ALL NEED A "BAILOUT" IN THE FUTURE!
THE INTERNATIONAL CAPITAL ELITES ARE STILL MASSIVELY OUT OF CONTROL!
SO THE BEAT GOES ON...
BERNANKE SAYS "OUR BUBBLE IS STILL SICK"...!! KEEPS PRINTING MONEY!!
BERNANKE'S DEVOTION TO THE AMERICAN BUBBLE ECONOMY IS UNSHAKEN...
HE INTENTS TO KEEP PRINTING MONEY UNTIL THE DOLLAR IS TOTALLY FUCKED AND OIL IS AT $200 ...AND GAS PROBABLY $6 TO $10!!
THE PROBLEM IS THAT HE VIEWS THE ECONOMY THROUGH THE LENS OF WALL STREET...
BUT THE REAL PROBLEM IS WALL STREET...AND THE ASSET PRICE BUBBLE!!
THE SAME ASSET PRICE BUBBLE THAT NOW MUST BE "SAVED" TO PRESERVE MOST MAJOR AMERICAN FINANCIAL INSTITUTIONS!!
WHATS WRONG WITH THAT PICTURE...?
WELL, IT'S "WIEMAR GERMANY" REVISITED....!!
BERNANKE'S MUCH TOUTED STUDY OF THE HISTORY OF DEPRESSIONS...SHOULD HAVE INCLUDED THE GERMAN EXPERIENCE IN THE 1920'S...AND NOT JUST AMERICA AND EUROPE IN THE 1930'S...
OR DID BERNANKE EVEN GO BEYOND THE MICRO-ECONOMICS OF THE US DEPRESSION IN HIS STUDIES AT ALL?
APPARENTLY NOT...
HE INTENTS TO KEEP PRINTING MONEY UNTIL THE DOLLAR IS TOTALLY FUCKED AND OIL IS AT $200 ...AND GAS PROBABLY $6 TO $10!!
THE PROBLEM IS THAT HE VIEWS THE ECONOMY THROUGH THE LENS OF WALL STREET...
BUT THE REAL PROBLEM IS WALL STREET...AND THE ASSET PRICE BUBBLE!!
THE SAME ASSET PRICE BUBBLE THAT NOW MUST BE "SAVED" TO PRESERVE MOST MAJOR AMERICAN FINANCIAL INSTITUTIONS!!
WHATS WRONG WITH THAT PICTURE...?
WELL, IT'S "WIEMAR GERMANY" REVISITED....!!
BERNANKE'S MUCH TOUTED STUDY OF THE HISTORY OF DEPRESSIONS...SHOULD HAVE INCLUDED THE GERMAN EXPERIENCE IN THE 1920'S...AND NOT JUST AMERICA AND EUROPE IN THE 1930'S...
OR DID BERNANKE EVEN GO BEYOND THE MICRO-ECONOMICS OF THE US DEPRESSION IN HIS STUDIES AT ALL?
APPARENTLY NOT...
DOLLAR RALLY JUST CONSOLIDATION ...
NOTHING GOES IN A STRAIGHT LINE FOREVER ON WALL STREET...
NOT EVEN THE DOLLAR ON IT'S WAY TO THE BOTTOM... THIS SO CALLED RALLY ABOUT NOTHING LOOKS LIKE A HEALTHY CONSOLIDATION BY TRADERS...THEN ANOTHER LEG DOWN...
BUT HOW CHEAP IS CHEAP FOR THE DOLLAR...
WELL, I THINK THE FED IS GOING TO HAVE TO STOPPED FUCKING THE DOLLAR BEFORE ANYONE ELSE WILL HAVE ANY RESPECT FOR IT...
DON'T YA THINK...?
THE PROBLEM IS THAT COULD LEAD TO A MARKET PLUNGE...WHICH WOULD ALSO BE A "NEGATIVE" FOR THE DOLLAR....
BERNANKE WANTS TO RE-FLATE THE BUBBLES...AND STILL HAVE A STRONG CURRENCY... IT'S JUST NOT NORMAL ECONOMICS THESES DAZE.
NOT EVEN THE DOLLAR ON IT'S WAY TO THE BOTTOM... THIS SO CALLED RALLY ABOUT NOTHING LOOKS LIKE A HEALTHY CONSOLIDATION BY TRADERS...THEN ANOTHER LEG DOWN...
BUT HOW CHEAP IS CHEAP FOR THE DOLLAR...
WELL, I THINK THE FED IS GOING TO HAVE TO STOPPED FUCKING THE DOLLAR BEFORE ANYONE ELSE WILL HAVE ANY RESPECT FOR IT...
DON'T YA THINK...?
THE PROBLEM IS THAT COULD LEAD TO A MARKET PLUNGE...WHICH WOULD ALSO BE A "NEGATIVE" FOR THE DOLLAR....
BERNANKE WANTS TO RE-FLATE THE BUBBLES...AND STILL HAVE A STRONG CURRENCY... IT'S JUST NOT NORMAL ECONOMICS THESES DAZE.
Monday, May 12, 2008
STOCKS AND OIL WILL SOAR...!!
AIN'T NO STOPPIN IT NOW...!!
OIL $130...THIS WEEK!!
GAS $4...NOW. THEN $5 BEFORE LABOR DAY...!!
OIL $130...THIS WEEK!!
GAS $4...NOW. THEN $5 BEFORE LABOR DAY...!!
OIL WILL HIT $130 ON MASSIVE STOCK RALLY!!
$4 GAS BY THE FOURTH OF JULY...
DOW TOPPING OUT AT 14,000...!
ALL IS HAPPINESS... AT LEAST FOR THE MILLIONAIRES...!!
THE BUBBAS WILL HAVE TO WAIT FOR THE ANTI-CHRIST TO BE ELECTED....
DOW TOPPING OUT AT 14,000...!
ALL IS HAPPINESS... AT LEAST FOR THE MILLIONAIRES...!!
THE BUBBAS WILL HAVE TO WAIT FOR THE ANTI-CHRIST TO BE ELECTED....
MARKET MOONSHOT ABOUT NOTHING....!!
GO! GO! ....GO!!!!!!!!!!!!!
THE EXCLAMATION POINTS ARE TO GIVE IT THAT 90's TOUCH...!!!!!!!!!
THIS MARKET IS COMPLETELY PROTECTED...BUT COMPLETELY RANGE BOUND...
THE ONLY THING THAT ISN'T RANGE BOUND IS OIL... AND IT'S GOING UP....
BEEN TO THE PUMP LATELY...!!!!!!!!!!
ALL THIS DESPITE THE BAZZARO MEDIA BULLSHIT ABOUT SOME KIND OF "DOLLAR RALLY"....
RALLY ON WHAT!!
THAT THE FED "MIGHT" QUIT FUCKING IT...? WHAT ABOUT THE TRADE DEFICIT, THE WALL STREET BAILOUTS, AND THE UNFUNDED AND MASSIVE WAR SPENDING...?
THEN STOCKS WILL CRASH...BECAUSE THE ENTIRE MARKET "REBOUND" WAS BASED ON THE FED CUTTING RATES TO 1% AGAIN...
SO A LOT OF BULLSHIT TO COME...IN A MARKET THAT QUITE LITERALLY CAN NOT GO DOWN OR UP...TOO MUCH.
THE EXCLAMATION POINTS ARE TO GIVE IT THAT 90's TOUCH...!!!!!!!!!
THIS MARKET IS COMPLETELY PROTECTED...BUT COMPLETELY RANGE BOUND...
THE ONLY THING THAT ISN'T RANGE BOUND IS OIL... AND IT'S GOING UP....
BEEN TO THE PUMP LATELY...!!!!!!!!!!
ALL THIS DESPITE THE BAZZARO MEDIA BULLSHIT ABOUT SOME KIND OF "DOLLAR RALLY"....
RALLY ON WHAT!!
THAT THE FED "MIGHT" QUIT FUCKING IT...? WHAT ABOUT THE TRADE DEFICIT, THE WALL STREET BAILOUTS, AND THE UNFUNDED AND MASSIVE WAR SPENDING...?
THEN STOCKS WILL CRASH...BECAUSE THE ENTIRE MARKET "REBOUND" WAS BASED ON THE FED CUTTING RATES TO 1% AGAIN...
SO A LOT OF BULLSHIT TO COME...IN A MARKET THAT QUITE LITERALLY CAN NOT GO DOWN OR UP...TOO MUCH.
Sunday, May 11, 2008
AS A POOR IGNORANT SLOB...I SUPPORT MAKING THE TAX CUTS FOR MILLIONAIRES PERMANENT...
RUSH TOLD ME TO DO IT...
RUSH IS GOD...
MUST OBEY RUSH OTHERWISE I'LL BE GAY...!
RUSH IS GOD...
MUST OBEY RUSH OTHERWISE I'LL BE GAY...!
I'M A POOR UNEDUCATED ASSHOLE...
THAT MEANS I MUST BE FOR HILLARY...
POOR UNEDUCATED ASSHOLES...UNITE!!
ONLY PROBLEM IS ... WHO WOULD ACTUALLY WANT TO BE "ONE OF US...?"
POOR UNEDUCATED ASSHOLES...UNITE!!
ONLY PROBLEM IS ... WHO WOULD ACTUALLY WANT TO BE "ONE OF US...?"
OIL AT $130 THIS WEEK!! $4 GAS BY 4TH OF JULY!!
THANK YOUR LOCAL REPUBLICAN LIARS...!
IT IS SO PITIFUL TO WATCH THESE REPUBLICANS EXPOSED FOR THE FEARMONGERING GREEDMONGERING CORRUPT TO CORE ASSHOLES THAT WE ALL KNEW THEY WERE....BACK WHEN THEY WERE DUPING THE AMERICAN STUPIDS INTO VOTING REPUBLICAN...AND DESTROYING THE COUNTRY FOR EVERYONE BUT THE MILLIONIARES!!
IT IS SO PITIFUL TO WATCH THESE REPUBLICANS EXPOSED FOR THE FEARMONGERING GREEDMONGERING CORRUPT TO CORE ASSHOLES THAT WE ALL KNEW THEY WERE....BACK WHEN THEY WERE DUPING THE AMERICAN STUPIDS INTO VOTING REPUBLICAN...AND DESTROYING THE COUNTRY FOR EVERYONE BUT THE MILLIONIARES!!
ANOTHER WEEK OF BULLSHIT...
PUT ON YOUR HAPPY FACE... IF YOU CAN FIND IT...
AFTER THE LAST FEW WEEKS MOST TRADERS HAVE A FACE THAT LOOKS LIKE THEY SLEPT IN IT...!
AFTER THE LAST FEW WEEKS MOST TRADERS HAVE A FACE THAT LOOKS LIKE THEY SLEPT IN IT...!
SERBIA PAYS EU "PRICE" FOR MEMBERSHIP...
SERBIA HAS BEEN FORCED TO PAY THE PRICE FOR EU MEMBERSHIP...
THE PRICE:
ALLOW A MUSLIM TERROR STATE IN KOSOVO...
BUT WHY SHOULD THE SERBS CARE ABOUT THE MAFIA STATE IN KOSOVO...IF THE EU DOESN'T...?
AFTER ALL, IF OSAMA GETS A FOOTHOLD IN EUROPE VIA KOSOVO...LIKELY THE SERBS WILL NOT BE THE FIRST TARGET ON HIS LIST...
MY ADVICE TO THE SERBS WOULD BE TO LET EUROPE HAVE IT'S "CHECHNYA" IF THEY WANT IT SO BAD...
ULTIMATELY EUROPE WILL BE PAYING THE SERBS TO GO BACK AND TAKE KOSOVO FROM THE JIHADIS...!!
JUST AS WE ARE NOW PAYING THE "NEWLY NICE" SUNNIS IN IRAQ TO TAKE BACK "OUR MISTAKE" OF GIVING IRAQ TO THE PRO-IRANIAN SHIAS...!!
WHEN WILL THEY EVER LEARN...!!
WESTERN DIPLOMATS MUST BE LOUSY CHESS PLAYERS...THEY CAN'T EVEN THINK ONE MOVE AHEAD!!
THE PRICE:
ALLOW A MUSLIM TERROR STATE IN KOSOVO...
BUT WHY SHOULD THE SERBS CARE ABOUT THE MAFIA STATE IN KOSOVO...IF THE EU DOESN'T...?
AFTER ALL, IF OSAMA GETS A FOOTHOLD IN EUROPE VIA KOSOVO...LIKELY THE SERBS WILL NOT BE THE FIRST TARGET ON HIS LIST...
MY ADVICE TO THE SERBS WOULD BE TO LET EUROPE HAVE IT'S "CHECHNYA" IF THEY WANT IT SO BAD...
ULTIMATELY EUROPE WILL BE PAYING THE SERBS TO GO BACK AND TAKE KOSOVO FROM THE JIHADIS...!!
JUST AS WE ARE NOW PAYING THE "NEWLY NICE" SUNNIS IN IRAQ TO TAKE BACK "OUR MISTAKE" OF GIVING IRAQ TO THE PRO-IRANIAN SHIAS...!!
WHEN WILL THEY EVER LEARN...!!
WESTERN DIPLOMATS MUST BE LOUSY CHESS PLAYERS...THEY CAN'T EVEN THINK ONE MOVE AHEAD!!
MARKET IN NO DANGER OF A CRASH...
THERE WILL BE UPS AND DOWNS...
BUT THIS MARKET IS ABSOLUTELY IN NO DANGER OF A CRASH....
"CRASHES" ARE SOooo...
Well,....LETS SAY... "20th CENTURY?"
DON'T YOU THINK...?
THE BIG NEWS WILL BE IN THE DOLLAR AND THE OIL MARKETS...
A CRASH IN STOCKS IS ALL BUT IMPOSSIBLE NOW...
JUST FORGET ABOUT... AND WORRY ABOUT HOW YOU'RE GOING TO KEEP YOUR GAS TANK FILLED THIS SUMMER...THAT IS NEW "BIG WORRY."
NOTHING AT ALL TO WORRY ABOUT ON WALL STREET OR WITH PAPER ASSET PRICES....THEY ARE BEING "HANDLED" AT THE HIGHEST LEVELS....
THE MARKET IS TOTALLY CRASH-PROOF AND GUARANTEED BY THE FED...
I REALLY DON'T KNOW WHY ANYONE WOULD "FOLLOW STOCKS"... I MEAN WHAT'S TO FOLLOW...?
THESE DAYS... IT'S LIKE A DOG CHASING ITS TAIL...
TOTALLY UNPRODUCTIVE ACTIVITY...
BUT THIS MARKET IS ABSOLUTELY IN NO DANGER OF A CRASH....
"CRASHES" ARE SOooo...
Well,....LETS SAY... "20th CENTURY?"
DON'T YOU THINK...?
THE BIG NEWS WILL BE IN THE DOLLAR AND THE OIL MARKETS...
A CRASH IN STOCKS IS ALL BUT IMPOSSIBLE NOW...
JUST FORGET ABOUT... AND WORRY ABOUT HOW YOU'RE GOING TO KEEP YOUR GAS TANK FILLED THIS SUMMER...THAT IS NEW "BIG WORRY."
NOTHING AT ALL TO WORRY ABOUT ON WALL STREET OR WITH PAPER ASSET PRICES....THEY ARE BEING "HANDLED" AT THE HIGHEST LEVELS....
THE MARKET IS TOTALLY CRASH-PROOF AND GUARANTEED BY THE FED...
I REALLY DON'T KNOW WHY ANYONE WOULD "FOLLOW STOCKS"... I MEAN WHAT'S TO FOLLOW...?
THESE DAYS... IT'S LIKE A DOG CHASING ITS TAIL...
TOTALLY UNPRODUCTIVE ACTIVITY...
BIG WALL STREET RALLY ON MONDAY...!
WHY?
NO REASON...
THIS MARKET "WANTS TO" HOLD BETWEEN 12,000 AND 13, 000 FOR THE ENTIRE SUMMER... SO JUST FOLLOW THE BOUNCING DOW...
NO REASON IS NEEDED... IT'S ALL VERY MUCH UNDER CONTROL NOW...
BUT WHAT'S WITH THE BIG SPIKE IN VOLUME RIGHT AT THE END OF EACH DAY...?
RALLY INSURANCE...? PERHAPS...
NO REASON...
THIS MARKET "WANTS TO" HOLD BETWEEN 12,000 AND 13, 000 FOR THE ENTIRE SUMMER... SO JUST FOLLOW THE BOUNCING DOW...
NO REASON IS NEEDED... IT'S ALL VERY MUCH UNDER CONTROL NOW...
BUT WHAT'S WITH THE BIG SPIKE IN VOLUME RIGHT AT THE END OF EACH DAY...?
RALLY INSURANCE...? PERHAPS...
Friday, May 9, 2008
BERNANKE MISTAKES 1972 FOR 1932...WE'RE DOOMED!!
THIS IS IT IN A NUTSHELL..
BENANKE HAS MISTAKEN OUR CURRENT SITUATION FOR 1932...WHEN IN TRUTH ITS MORE LIKE 1972...
He's Playing Chicken with a Semi-Truck called Hyperinflation... But this ain't the Beach Blanket Bingo Economy of the late 60's...!
HIGHER RATES NEEDED...NOW! NOT LOWER RATES...AND MORE HYPERLIQUIDITY...
BENANKE HAS MISTAKEN OUR CURRENT SITUATION FOR 1932...WHEN IN TRUTH ITS MORE LIKE 1972...
He's Playing Chicken with a Semi-Truck called Hyperinflation... But this ain't the Beach Blanket Bingo Economy of the late 60's...!
HIGHER RATES NEEDED...NOW! NOT LOWER RATES...AND MORE HYPERLIQUIDITY...
CITI SELLS, OIL SOARS...NO RECESSION YET.
THE FED WILL BUY THE DOW THROUGH IT'S WALL STREET SHILLS ...IF NEEDED...TO SUPPORT ASSET PRICES...
MARKETS ARE TOTALY PROTECTED BY THE FULL FAITH AND CREDIT OF THE FED...
AND THAT ALAS, IS BOTH THE GOOD NEWS AND THE BAD NEWS...!!
THERE IS ALMOST NO RECOGNITION BY THE FED OF THE TRUE NATURE OF IT'S PROBLEM AS YET...
BERNANKE STILL THINKS IT'S 1932...
WHEN IN TRUTH IT'S MORE LIKE 1972...!!
EXCESS LIQUIDITY CAUSING INFLATION...AND A BUBBLE CYCLE THAT LASTED TOO LONG AND THAT WAS TOO BIG.
BIG BIG MISTAKE!!
MARKETS ARE TOTALY PROTECTED BY THE FULL FAITH AND CREDIT OF THE FED...
AND THAT ALAS, IS BOTH THE GOOD NEWS AND THE BAD NEWS...!!
THERE IS ALMOST NO RECOGNITION BY THE FED OF THE TRUE NATURE OF IT'S PROBLEM AS YET...
BERNANKE STILL THINKS IT'S 1932...
WHEN IN TRUTH IT'S MORE LIKE 1972...!!
EXCESS LIQUIDITY CAUSING INFLATION...AND A BUBBLE CYCLE THAT LASTED TOO LONG AND THAT WAS TOO BIG.
BIG BIG MISTAKE!!
I SMELL A BIG GOLD BASH COMING...
SAME OLD SAME OLD...
THE FED WILL GO TO THE BULLSHIT WELL... UNTIL IT'S BONE DRY...!!
THE FED WILL GO TO THE BULLSHIT WELL... UNTIL IT'S BONE DRY...!!
PLUNGE PROTECTION CAN "PROTECT" STOCKS UP TO $200 OIL...!
AFTER THAT...WELL...WE'LL SEE...
ALL DOW DIPS ARE SCREAMING BUYS...!! THIS MARKET IS BEING GUARANTEED BY THE FED...GET USED TO IT...
NOMINALLY, YOU CAN'T LOSE...
IN REAL TERMS...YOU'RE ALREADY A LOSER!!
THE ONLY WAY TO SURVIVE THE BERNANKE "HYPER-INFLATION" IS TO BE A MILLIONAIRE OR BILLIONAIRE ALREADY...
FOR THE ASSHOLES IN THE AMERICAN MIDDLE CLASS...YOU'RE FUCKED ... GET USED TO IT YOU FUCKIN "RAY-GUN DEMOCRATS"...
YOU LET FOX NEWS DO YOUR THINKING FOR YOU...JUST A BIT TOO LONG...EMAIL BRIT HUME IF YOU CAN'T AFFORD COLLEGE FOR YOUR KID THIS SEPTEMBER....
IT'S OVER FOR YOU... DEAL WITH IT...
ALL DOW DIPS ARE SCREAMING BUYS...!! THIS MARKET IS BEING GUARANTEED BY THE FED...GET USED TO IT...
NOMINALLY, YOU CAN'T LOSE...
IN REAL TERMS...YOU'RE ALREADY A LOSER!!
THE ONLY WAY TO SURVIVE THE BERNANKE "HYPER-INFLATION" IS TO BE A MILLIONAIRE OR BILLIONAIRE ALREADY...
FOR THE ASSHOLES IN THE AMERICAN MIDDLE CLASS...YOU'RE FUCKED ... GET USED TO IT YOU FUCKIN "RAY-GUN DEMOCRATS"...
YOU LET FOX NEWS DO YOUR THINKING FOR YOU...JUST A BIT TOO LONG...EMAIL BRIT HUME IF YOU CAN'T AFFORD COLLEGE FOR YOUR KID THIS SEPTEMBER....
IT'S OVER FOR YOU... DEAL WITH IT...
BERNANKE DOLLAR SCREWS STOCKS...!
DON'T BLAME OIL...
BLAME THE FED AND THE "BERNANKE DOLLAR"...
THE NOTION THAT ANY OF THIS HAS ANYTHING TO DO WITH "OIL"...AND IT'S SUPPLY AND DEMAND IS JUST PURE BULLSHIT...
BUT REMEMBER THIS IS A NATION AND AN ECONOMY THAT RUNS ON BULLSHIT...
THE REAL PROBLEM IS THE FED BAILOUTS OF WALL STREET SPECULATORS...NOT JUST NOW...BUT IN THE PAST...EVEN DURING THE GREENSPAN DOTCOM DEBACLE YEARS...WHICH HAS SET THE TONE FOR THE BERNANKE DISASTERS NOW AND YET TO COME!
BECAUSE FINALLY, THE CHICKENS ARE COMING HOME TO ROOST IN AMERICA...
BUT "FOR TODAY"...? WHAT ELSE IS THERE?
I'D SAY IT'S TIME FOR ANOTHER "EMERGENCY RATE CUT" BY OUR STUPID "WIEMAR FED..."
WELL, THE BALL IS IN YOUR COURT HERR BERNANKE...!!
JUST DO IT...!!
POSTSCRIPT:
AS TO STOCKS...BUY ANY FUCKIN DIP... THEY WILL INFLATE ANY "LOSSES" AWAY...FOR A WASH TRANSACTION...
IF YOU WANT TO MAKE REAL MONEY....CONVERT TO EUROS AND GOLD ASAP!! IT'S PROBABLY TOO LATE FOR THE DOLLAR NOW ANYWAY....
UNLESS THE FED DOES A 1970'S DEAL...AND GOES TO 20% PRIME FOR ABOUT 5 YEARS...!!
OF COURSE....STOCKS WILL REVERT TO THE OLD "BUFFETT ENTRY LEVELS" THEN...!
BUT, DON'T WORRY YOU WON'T BE INTERESTED AT THOSE PRICES...!!
AND EVEN BUFFETT MAY HAVE TO WORK FOR A LIVING THEN...!!
BLAME THE FED AND THE "BERNANKE DOLLAR"...
THE NOTION THAT ANY OF THIS HAS ANYTHING TO DO WITH "OIL"...AND IT'S SUPPLY AND DEMAND IS JUST PURE BULLSHIT...
BUT REMEMBER THIS IS A NATION AND AN ECONOMY THAT RUNS ON BULLSHIT...
THE REAL PROBLEM IS THE FED BAILOUTS OF WALL STREET SPECULATORS...NOT JUST NOW...BUT IN THE PAST...EVEN DURING THE GREENSPAN DOTCOM DEBACLE YEARS...WHICH HAS SET THE TONE FOR THE BERNANKE DISASTERS NOW AND YET TO COME!
BECAUSE FINALLY, THE CHICKENS ARE COMING HOME TO ROOST IN AMERICA...
BUT "FOR TODAY"...? WHAT ELSE IS THERE?
I'D SAY IT'S TIME FOR ANOTHER "EMERGENCY RATE CUT" BY OUR STUPID "WIEMAR FED..."
WELL, THE BALL IS IN YOUR COURT HERR BERNANKE...!!
JUST DO IT...!!
POSTSCRIPT:
AS TO STOCKS...BUY ANY FUCKIN DIP... THEY WILL INFLATE ANY "LOSSES" AWAY...FOR A WASH TRANSACTION...
IF YOU WANT TO MAKE REAL MONEY....CONVERT TO EUROS AND GOLD ASAP!! IT'S PROBABLY TOO LATE FOR THE DOLLAR NOW ANYWAY....
UNLESS THE FED DOES A 1970'S DEAL...AND GOES TO 20% PRIME FOR ABOUT 5 YEARS...!!
OF COURSE....STOCKS WILL REVERT TO THE OLD "BUFFETT ENTRY LEVELS" THEN...!
BUT, DON'T WORRY YOU WON'T BE INTERESTED AT THOSE PRICES...!!
AND EVEN BUFFETT MAY HAVE TO WORK FOR A LIVING THEN...!!
Thursday, May 8, 2008
MARKET HAS BRAIN SPASM...!
TODAY A LOT OF TRADERS ARE WONDERING...
ARE WE SUPPOSED TO ACT LIKE WE REALLY HAVE A BRAIN AGAIN...?
IS THAT BACK IN FASHION...LIKE WEARING ALL BLACK AND FAKE TATTOES?
WELL...NO!
SO STAY BRAINLESS! AND MAKE MONEY! OK...
THE STREETS LITTLE "BRAIN SPASM" THIS MORNING IS COMPLETELY UNNECESSARY...
THIS MARKET IS BEING "HANDLED"...DON'T WORRY ABOUT IT... OK
ARE WE SUPPOSED TO ACT LIKE WE REALLY HAVE A BRAIN AGAIN...?
IS THAT BACK IN FASHION...LIKE WEARING ALL BLACK AND FAKE TATTOES?
WELL...NO!
SO STAY BRAINLESS! AND MAKE MONEY! OK...
THE STREETS LITTLE "BRAIN SPASM" THIS MORNING IS COMPLETELY UNNECESSARY...
THIS MARKET IS BEING "HANDLED"...DON'T WORRY ABOUT IT... OK
GOLD SOARS..."BOILING OIL" SHOWS DUE HUMILITY...
DUE HUMILITY IN THE GREASE PITS...!!
DUE HUMILITY!!
HOPE IT LASTS TILL LUNCH!!
GOLD UP BIG...SO THE BULLSHIT IS LOCALIZED TO OIL ONLY FYI!
I MEAN TRADERS CAN'T THROW "BOILING OIL" ON THE FED...EVERYDAY!!
DUE HUMILITY!!
HOPE IT LASTS TILL LUNCH!!
GOLD UP BIG...SO THE BULLSHIT IS LOCALIZED TO OIL ONLY FYI!
I MEAN TRADERS CAN'T THROW "BOILING OIL" ON THE FED...EVERYDAY!!
MARKET MOONSHOT AS CROWDS FLOCK TO WALMART WITH CREDIT CARDS IN HAND!!
YEAH BABY....WE IS COOKIN...!!
FLAG PINS WILL BE MAIN ISSUE IN '08 ELECTION
MY PREDICTION IS THAT FLAG PINS AND OBAMA'S RELIGION WILL BE THE MAIN ISSUES IN THE COMING ELECTION CYCLE...
AND AS ALWAYS, REMEMBER, YOU HEARD IT HERE FIRST!
WAR SPENDING, HEALTH CARE AND THE ECONOMY WILL BE ONLY SECONDARY ISSUES...
JUST WATCH THE MSM ON THIS....THEY'LL LAP UP THE FLAG PIN ISSUE....WITH 24.7 COVERAGE!
WITH PERHAPS EVEN A TRIP TO THE FACTORY IN CHINA THAT MAKES THESE FLAG PINS!! YA THINK?
WELL, PROBABLY NOT...THE NETWORKS ARE TOO CHEAP TO TAKE ON THAT BIG EXPENSE... BESIDES FOR THAT KIND OF MONEY THEY COULD DO AN ENTIRE SEASON OF A "REALITY SHOW!"
RUSH AND THE DITTOHEADS SET THE POLITICAL AGENDA IN THE US...AND EVERYONE SHOULD KNOW THAT...
MC CAIN WILL NOT JUST WIN IN NOVEMBER...
MC CAIN WILL WIN BY A LANDSLIDE...!!
PROBABLY 56% OF THE POPULAR VOTE...WITH MASSIVE DEFECTIONS OF BLUE COLLAR UNEMPLOYED BUBBA DEMOCRATS AND HISPANICS TO THE REPUBLICANS
ONLY THE UPPER MIDWEST AND NORTHEAST GO TO THE DEMOCRATS.
AND AS ALWAYS, REMEMBER, YOU HEARD IT HERE FIRST!
WAR SPENDING, HEALTH CARE AND THE ECONOMY WILL BE ONLY SECONDARY ISSUES...
JUST WATCH THE MSM ON THIS....THEY'LL LAP UP THE FLAG PIN ISSUE....WITH 24.7 COVERAGE!
WITH PERHAPS EVEN A TRIP TO THE FACTORY IN CHINA THAT MAKES THESE FLAG PINS!! YA THINK?
WELL, PROBABLY NOT...THE NETWORKS ARE TOO CHEAP TO TAKE ON THAT BIG EXPENSE... BESIDES FOR THAT KIND OF MONEY THEY COULD DO AN ENTIRE SEASON OF A "REALITY SHOW!"
RUSH AND THE DITTOHEADS SET THE POLITICAL AGENDA IN THE US...AND EVERYONE SHOULD KNOW THAT...
MC CAIN WILL NOT JUST WIN IN NOVEMBER...
MC CAIN WILL WIN BY A LANDSLIDE...!!
PROBABLY 56% OF THE POPULAR VOTE...WITH MASSIVE DEFECTIONS OF BLUE COLLAR UNEMPLOYED BUBBA DEMOCRATS AND HISPANICS TO THE REPUBLICANS
ONLY THE UPPER MIDWEST AND NORTHEAST GO TO THE DEMOCRATS.
STREET GRASPING FOR RALLY DATA POINTS.
BUT DON'T WORRY THEY'LL FIND ONE ...THEY ALWAYS DO... AND REMEMBER "RALLY POINTS" ONLY HAVE TO LAST FROM ABOUT 8AM TILL LUNCH...THEN THEY CAN BE DROPPED...
BUT WITH THE ECONOMY LITERALLY STUFFED WITH NEW CASH FROM THE BERNANKE WIEMAR FED.... SOMETHING WILL POP UP...
HOPEFULLY NOT OIL... WHICH IS THE ONLY LOGICAL INVESTMENT IN THIS HYPER-LIQUID ENVIRONMENT...
NEVER HAVE SO MANY BEEN SO CLOSE TO THE ABYSS...AND YET SO HAPPY ABOUT IT!!
THESE ARE NOT JUST INTERESTING TIMES....
THESE ARE STRANGE TIMES!!
BUT WITH THE ECONOMY LITERALLY STUFFED WITH NEW CASH FROM THE BERNANKE WIEMAR FED.... SOMETHING WILL POP UP...
HOPEFULLY NOT OIL... WHICH IS THE ONLY LOGICAL INVESTMENT IN THIS HYPER-LIQUID ENVIRONMENT...
NEVER HAVE SO MANY BEEN SO CLOSE TO THE ABYSS...AND YET SO HAPPY ABOUT IT!!
THESE ARE NOT JUST INTERESTING TIMES....
THESE ARE STRANGE TIMES!!
Wednesday, May 7, 2008
PEOPLE ARE USING CREDIT CARDS TO BUY FOOD, CIGARETTES AND BEER!!
HONEST... I SEE IT EVERYDAY...IT NEVER WAS LIKE THAT BEFORE...AND VERY OFTEN SMALL DOLLAR AMOUNT PURCHASES. THEY MUST FINALLY BE BUSTED...!
AND I MEAN A LOT OF PEOPLE...NOT JUST THE USUAL FEW...
AND I MEAN A LOT OF PEOPLE...NOT JUST THE USUAL FEW...
DOW SLIPS AND FALLS ON FED OIL SLICK...!
LETS HOPE BERNANKE AND THE FED HAVE A GOOD "HOMEOWNERS POLICY..."
(PUN INTENDED...;-)
BECAUSE IF THEY DON'T CLEAN UP THESE NASTY OIL SLICKS LAYING AROUND HERE AND THERE IN THE MARKET...SOMEONE COULD BREAK A LEG...OR A HIP!
(PUN INTENDED...;-)
BECAUSE IF THEY DON'T CLEAN UP THESE NASTY OIL SLICKS LAYING AROUND HERE AND THERE IN THE MARKET...SOMEONE COULD BREAK A LEG...OR A HIP!
RANGE BOUND, RANGE BOUND, RANGE BOUND
NOTHING AT ALL TO WORRY ABOUT...
NEVER IN HISTORY HAS A MARKET BEEN SO "MANAGED."
CONSIDER: WE CAN'T EVEN AFFORD A GOOD OLD FASHION "SUCKER FLUSH" NOW...BECAUSE SOME PEOPLE MAY TAKE IT SERIOUSLY...AND THE BIG MONEY COULD BAIL...ALONG WITH THE RETAIL SUCKERS!
YEAH...IT'S THAT BAD! GOT IT...?
THE MARKET MASTERS HAVE TO ADJUST THEIR BOOKS AND INVENTORY FROM TIME TO TIME...
THESE "DOWN DAYS" ARE REALLY JUST TECHNICAL STUFF FOR THE MARKET MASTERS AND DAYTRADERS TO PLAY WITH...
THE AVERAGE INVESTOR HAS ABSOLUTELY NOTHING TO WORRY ABOUT AS TO "PAPER ASSETS"...
NOW ABOUT THE DOLLAR AND OIL...? HOLY CRAP...WORRY!!
ON THAT YOU MIGHT START APPLYING FOR AN EXIT VISA...AND CONVERT ALL YOU MONEY TO EUROS, GOLD, AUSSIE DOLLARS...
ANYTHING BUT BERNANKE'S "NEW AMERICAN PESO!!"
NO. YOUR STOCKS WON'T "CRASH" BUT THE YARD STICK YOU MEASURE WITH IS "SECRETLY" GETTING SHORTER...
REMEMBER WHY THEY PUT A "MILLED EDGE" ON COINS ...? TO STOP GOLD AND SILVER "SHAVING" OF COINS...! (BACK THEN, COINS WERE REAL METALS NOT THE LAMINATED SANDWICH FAKE CRAP LIKE TODAY)
WELL, WE NEED A MILLED EDGE ON THE FEDS ABILITY TO PRINT DOLLARS...
OF COURSE WE DO HAVE A "MILLED EDGE" ON THE DOLLAR ALREADY...GOLD AND OIL!
AND AINT THAT THE TRUTH!!
NEVER IN HISTORY HAS A MARKET BEEN SO "MANAGED."
CONSIDER: WE CAN'T EVEN AFFORD A GOOD OLD FASHION "SUCKER FLUSH" NOW...BECAUSE SOME PEOPLE MAY TAKE IT SERIOUSLY...AND THE BIG MONEY COULD BAIL...ALONG WITH THE RETAIL SUCKERS!
YEAH...IT'S THAT BAD! GOT IT...?
THE MARKET MASTERS HAVE TO ADJUST THEIR BOOKS AND INVENTORY FROM TIME TO TIME...
THESE "DOWN DAYS" ARE REALLY JUST TECHNICAL STUFF FOR THE MARKET MASTERS AND DAYTRADERS TO PLAY WITH...
THE AVERAGE INVESTOR HAS ABSOLUTELY NOTHING TO WORRY ABOUT AS TO "PAPER ASSETS"...
NOW ABOUT THE DOLLAR AND OIL...? HOLY CRAP...WORRY!!
ON THAT YOU MIGHT START APPLYING FOR AN EXIT VISA...AND CONVERT ALL YOU MONEY TO EUROS, GOLD, AUSSIE DOLLARS...
ANYTHING BUT BERNANKE'S "NEW AMERICAN PESO!!"
NO. YOUR STOCKS WON'T "CRASH" BUT THE YARD STICK YOU MEASURE WITH IS "SECRETLY" GETTING SHORTER...
REMEMBER WHY THEY PUT A "MILLED EDGE" ON COINS ...? TO STOP GOLD AND SILVER "SHAVING" OF COINS...! (BACK THEN, COINS WERE REAL METALS NOT THE LAMINATED SANDWICH FAKE CRAP LIKE TODAY)
WELL, WE NEED A MILLED EDGE ON THE FEDS ABILITY TO PRINT DOLLARS...
OF COURSE WE DO HAVE A "MILLED EDGE" ON THE DOLLAR ALREADY...GOLD AND OIL!
AND AINT THAT THE TRUTH!!
Tuesday, May 6, 2008
HOW TO RAISE A GENIUS...
IT WOULD TAKE A GENIUS TO MAKE SENSE OF THE US ECONOMY TODAY... THE ONLY PEOPLE WHO ARE "MAKING IT" ARE AT SOME TIT OR ANOTHER...
BIG PHARMA, BIG INSURANCE, BIG BILLIONIARES.... EVERYONES AT SOME CORPORATE OR GOVERNMENT TIT SUCKING LIKE MAD...
IF YOU DON'T HAVE A TIT...YOU'RE SCREWED...
YOU RUNT!
BIG PHARMA, BIG INSURANCE, BIG BILLIONIARES.... EVERYONES AT SOME CORPORATE OR GOVERNMENT TIT SUCKING LIKE MAD...
IF YOU DON'T HAVE A TIT...YOU'RE SCREWED...
YOU RUNT!
ON FOOD STAMPS...BUT STILL HUNGRY!!?
GIVEN THE "GIRTH" OF MOST POOR PEOPLE I SEE...
I DON'T THINK THEY'RE STARVING YET... IT LOOKS LIKE MOST OF THEM HAVE PLENTY OF CAKE TO EAT...AND CANDY AND CHIPS AND BEER AND HOT DOGS...
SOME OF THESE POOR ARE SO FAT THEY COULD NEVER MAKE IT IN AN OFFICE SETTING TODAY.... UNLESS IT WAS A GOVERNMENT OFFICE... STILL LOTS OF UNIONIZED SLOBS THERE...AND THEY HAVE "REAL PENSIONS"...THAT THE REST OF US GAVE UP TO BECOME "RAY-GUN DEMOCRATS!"
I DON'T THINK THEY'RE STARVING YET... IT LOOKS LIKE MOST OF THEM HAVE PLENTY OF CAKE TO EAT...AND CANDY AND CHIPS AND BEER AND HOT DOGS...
SOME OF THESE POOR ARE SO FAT THEY COULD NEVER MAKE IT IN AN OFFICE SETTING TODAY.... UNLESS IT WAS A GOVERNMENT OFFICE... STILL LOTS OF UNIONIZED SLOBS THERE...AND THEY HAVE "REAL PENSIONS"...THAT THE REST OF US GAVE UP TO BECOME "RAY-GUN DEMOCRATS!"
EARTH TO BERNANKE...
TIME TO GET YOUR NOSE OUT OF LEHMAN BROTHERS ASS...
AND TAKE A LOOK AROUND YOU AT THE "REAL ECONOMY...!!"
TIME TO SMELL THE ROSES ON MAIN STREET...AND FORGET WALL STREET FOR A WHILE!
AND TAKE A LOOK AROUND YOU AT THE "REAL ECONOMY...!!"
TIME TO SMELL THE ROSES ON MAIN STREET...AND FORGET WALL STREET FOR A WHILE!
STOCKS SOAR ON RECORD HIGH OIL PRICES!!
ARE WE DRUNK YET...?
HEY, WAITER....ANOTHER PITCHER OVER HERE....!
ONLY A TOTAL SHIT-FACED DRUNK COULD FIND SOMETHING TO LIKE IN THIS MARKET...
HEY, WAITER....ANOTHER PITCHER OVER HERE....!
ONLY A TOTAL SHIT-FACED DRUNK COULD FIND SOMETHING TO LIKE IN THIS MARKET...
CRASH-PROOF MARKET STAGGERS THROUGH SUMMER...
THE MARKET IS CRASH-PROOF NOW... SO WHY ARE PEOPLE STILL INTERESTED IN IT...
WE ARE IN A VERY VERY VERY TIGHT TRADING RANGE AT LEAST UNTIL LABOR DAY... AND PROBABLY FAR BEYOND...
AT SOME POINT EVEN THE PROS WILL GET BORED... BUT WITH THE FED COMPLETELY IN THE BUSINESS OF PROTECTING WALL STREET AT ANY AND ALL COSTS...
LIKELY THE NEXT REAL CRISIS WILL BE WITH THE DOLLAR VIA THE OIL MARKETS...
AT SOME POINT THE CAMELS BACK WILL BE BROKEN BY THE MASSIVE INFLOW OF PETRO-DOLLARS...HOT OFF THE B-MAN'S PRINTING PRESSES...
WE AIN-T THERE YET... BUT WE GET CLOSER TO THAT CRISIS EVERY DAY...
AT THAT POINT OF COURSE YOU'D WANT TO BE TOTALLY IN GOLD...AND WATCH CAREFULLY FOR A FED EPIPHANY THAT THEY MUST START RAISING RATES...1970'S STYLE TO PROTECT THE DOLLAR AND GET THE COMMODITIES INFLATION UNDER CONTROL...
THEY AIN'T THERE YET... SO....
IT'S JUST ANOTHER FUCKIN WONDERFUL DAY IN MARGARITAVILLE...!
WE ARE IN A VERY VERY VERY TIGHT TRADING RANGE AT LEAST UNTIL LABOR DAY... AND PROBABLY FAR BEYOND...
AT SOME POINT EVEN THE PROS WILL GET BORED... BUT WITH THE FED COMPLETELY IN THE BUSINESS OF PROTECTING WALL STREET AT ANY AND ALL COSTS...
LIKELY THE NEXT REAL CRISIS WILL BE WITH THE DOLLAR VIA THE OIL MARKETS...
AT SOME POINT THE CAMELS BACK WILL BE BROKEN BY THE MASSIVE INFLOW OF PETRO-DOLLARS...HOT OFF THE B-MAN'S PRINTING PRESSES...
WE AIN-T THERE YET... BUT WE GET CLOSER TO THAT CRISIS EVERY DAY...
AT THAT POINT OF COURSE YOU'D WANT TO BE TOTALLY IN GOLD...AND WATCH CAREFULLY FOR A FED EPIPHANY THAT THEY MUST START RAISING RATES...1970'S STYLE TO PROTECT THE DOLLAR AND GET THE COMMODITIES INFLATION UNDER CONTROL...
THEY AIN'T THERE YET... SO....
IT'S JUST ANOTHER FUCKIN WONDERFUL DAY IN MARGARITAVILLE...!
GOLD STILL A BUY...
GOLD IS NOT CHEAP...
BUT THERE IS NOTHING THAT CAN STOP IT'S RISE GOING FORWARD...
THE NOTION THAT THE FED COULD ACTUALLY STOP CUTTING RATES IS NOT IN THE MINDSET YET...
AND EVEN IF THEY DID...THERE ARE STILL THE "BIG MACROS" EATING THE US ECONOMY...
THE TAX CUTS, THE UNFUNDED WARS,
THE HUGE WAR BUDGET WHICH MAKES AMERICAN BUSINESSES... "LESS COMPETITIVE" BECAUSE WE "CAN'T AFFORD" NATIONAL HEALTH CARE... AND OTHER "PRO-PRODUCTION POLICIES."
AND THE MASSIVE AND STRUCTURAL TRADE AND BUDGET DEFICITS....AS FAR AS THE EYE CAN SEE...
BUT THERE IS NOTHING THAT CAN STOP IT'S RISE GOING FORWARD...
THE NOTION THAT THE FED COULD ACTUALLY STOP CUTTING RATES IS NOT IN THE MINDSET YET...
AND EVEN IF THEY DID...THERE ARE STILL THE "BIG MACROS" EATING THE US ECONOMY...
THE TAX CUTS, THE UNFUNDED WARS,
THE HUGE WAR BUDGET WHICH MAKES AMERICAN BUSINESSES... "LESS COMPETITIVE" BECAUSE WE "CAN'T AFFORD" NATIONAL HEALTH CARE... AND OTHER "PRO-PRODUCTION POLICIES."
AND THE MASSIVE AND STRUCTURAL TRADE AND BUDGET DEFICITS....AS FAR AS THE EYE CAN SEE...
MACROS RULE...!! THE AGE OF MICRO-RALLIES IS OVER.
HAVE YOU NOTICED HOW MACRO-ECONOMIC FACTORS ARE KICKING IN BIG TIME NOW...?
NO LONGER ARE THE "OLD GAMES" WORKING....
THINGS LIKE "BEATING BY A PENNY"..."BROKERAGE UPGRADES"..."CEO EXPECTATIONS"...
MACROS ARE KICKING OUR ASSES NOW...
ALL THE MICROS ARE NOW IS MORE BULLSHIT FOR THE MSM WRITE ABOUT...
"WHITE NOISE" IN A MARKET THAT IS BEING SWEPT ALONG BY FORCES EVEN LARGER THAN THE BIG NEW YORK INVESTMENT BANKS...
IT'S ALMOST LIKE A "FORCE OF NATURE" IS KICKING IN...
AN ECONOMIC TSUNAMI THAT CAN NOT BE DENIED...AND CERTAINLY NOT CONTROLLED BY THE FED....EVEN IF THEY WANTED TO CONTROL IT...WHICH BY THE WAY...THEY CAN'T! SO THE DON'T!
NOT NOW...
NO LONGER ARE THE "OLD GAMES" WORKING....
THINGS LIKE "BEATING BY A PENNY"..."BROKERAGE UPGRADES"..."CEO EXPECTATIONS"...
MACROS ARE KICKING OUR ASSES NOW...
ALL THE MICROS ARE NOW IS MORE BULLSHIT FOR THE MSM WRITE ABOUT...
"WHITE NOISE" IN A MARKET THAT IS BEING SWEPT ALONG BY FORCES EVEN LARGER THAN THE BIG NEW YORK INVESTMENT BANKS...
IT'S ALMOST LIKE A "FORCE OF NATURE" IS KICKING IN...
AN ECONOMIC TSUNAMI THAT CAN NOT BE DENIED...AND CERTAINLY NOT CONTROLLED BY THE FED....EVEN IF THEY WANTED TO CONTROL IT...WHICH BY THE WAY...THEY CAN'T! SO THE DON'T!
NOT NOW...
DOLLAR RALLY....? FOR WHAT...?
THERE IS A LOT OF TALK IN THE MEDIA ABOUT THE "DOLLAR RALLY."
BUT WHY? OK THE DOLLAR MAY BE RALLYING ON "TECHNICAL" FACTORS...BUT THE DOLLAR FUNDAMENTALS...IF ANYTHING...ARE WORSE NOW THAN BEFORE THE RALLY STARTED...
I DON'T BUY THE DOLLAR RALLY... ALTHOUGH I SUPPOSE THERE IS A LEVEL AT WHICH THE DOLLAR WOULD BE "TOO CHEAP"...
FEW THINK WE ARE THERE YET... AND THE FED WILL HAVE TO RECOGNIZE THAT IT CAN'T HAVE ANTI-DOLLAR POLICIES AND EXPECT THE REST OF THE WORLD TO BE PRO-DOLLAR.
MY SENSE IS THAT THERE IS NO THEORETICAL BASIS FOR THE CURRENT US ECONOMY IN THE ECONOMIC TEXTBOOKS...
TOTAL DE-INDUSTRIALIZATION HAS NEVER BEEN TRIED BEFORE...
NOW FROM THE POINT OF VIEW OF INTERNATIONAL CAPITAL...WHICH VIEWS INDIVIDUAL NATION STATES AS RELICS OF THE 20TH CENTURY...
OK, THE US AND IT'S PEOPLE ARE EXPENDIBLE...
BUT FOR AMERICANS LIVING IN THE US ECONOMY...BEING EXPENDIBLE FOR THE BENEFIT OF INTERNATIONAL CAPITAL AND "FREE MARKET MAGIC" IS LESS AND LESS DESIRABLE VERY DAY!
BUT WHY? OK THE DOLLAR MAY BE RALLYING ON "TECHNICAL" FACTORS...BUT THE DOLLAR FUNDAMENTALS...IF ANYTHING...ARE WORSE NOW THAN BEFORE THE RALLY STARTED...
I DON'T BUY THE DOLLAR RALLY... ALTHOUGH I SUPPOSE THERE IS A LEVEL AT WHICH THE DOLLAR WOULD BE "TOO CHEAP"...
FEW THINK WE ARE THERE YET... AND THE FED WILL HAVE TO RECOGNIZE THAT IT CAN'T HAVE ANTI-DOLLAR POLICIES AND EXPECT THE REST OF THE WORLD TO BE PRO-DOLLAR.
MY SENSE IS THAT THERE IS NO THEORETICAL BASIS FOR THE CURRENT US ECONOMY IN THE ECONOMIC TEXTBOOKS...
TOTAL DE-INDUSTRIALIZATION HAS NEVER BEEN TRIED BEFORE...
NOW FROM THE POINT OF VIEW OF INTERNATIONAL CAPITAL...WHICH VIEWS INDIVIDUAL NATION STATES AS RELICS OF THE 20TH CENTURY...
OK, THE US AND IT'S PEOPLE ARE EXPENDIBLE...
BUT FOR AMERICANS LIVING IN THE US ECONOMY...BEING EXPENDIBLE FOR THE BENEFIT OF INTERNATIONAL CAPITAL AND "FREE MARKET MAGIC" IS LESS AND LESS DESIRABLE VERY DAY!
UBS HAS MASSIVE LOSS...WILL DO 5,500 JOB CUTS!
MY QUESTION ALWAYS IS:
WHAT WERE THOSE 5,500 PEOPLE, WHO WILL LOSE THEIR JOBS....EXACTLY "DOING" .... JUST BEFORE THE BIG LOSSES HIT...
WHY WERE THEY ON THE PAYROLL IN THE FIRST PLACE...
AND, MOST IMPORTANTLY, WHO WILL DO THEIR VARIOUS "TASKS" WHEN THEY ARE LAID OFF...?
WHAT WERE THOSE 5,500 PEOPLE, WHO WILL LOSE THEIR JOBS....EXACTLY "DOING" .... JUST BEFORE THE BIG LOSSES HIT...
WHY WERE THEY ON THE PAYROLL IN THE FIRST PLACE...
AND, MOST IMPORTANTLY, WHO WILL DO THEIR VARIOUS "TASKS" WHEN THEY ARE LAID OFF...?
Monday, May 5, 2008
MC CAIN WANTS TO GIVE ME $30 FOR GAS THIS SUMMER...
WELL HE CAN TAKE THAT $30...AND WIPE HIS ASS WITH IT...
HOW FAR CAN I GO ON $30 LOUSY DOLLARS...?
I CAN'T EVEN DRIVE TO AND FROM THE WALMART IN THE NEXT TOWN ...FOR THAT KIND OF MONEY...
AND EVEN IF I COULD...I WOULDN'T HAVE ANY MONEY TO SPEND AT WALMART WHEN I GOT THERE...!!
CATCH-22 BABY...!
HOW FAR CAN I GO ON $30 LOUSY DOLLARS...?
I CAN'T EVEN DRIVE TO AND FROM THE WALMART IN THE NEXT TOWN ...FOR THAT KIND OF MONEY...
AND EVEN IF I COULD...I WOULDN'T HAVE ANY MONEY TO SPEND AT WALMART WHEN I GOT THERE...!!
CATCH-22 BABY...!
HILLARY WILL "WIN" IN MIDDLE WEST BUT NOT BY ENOUGH...
OBAMA WILL SCORE A "TKO" TOMORROW..."
HILLARY WILL "WIN" THE MIDWEST... BUT NOT BY ENOUGH TO CHANGE THE OUTCOME...
ESSENTIALLY, OBAMA GETS THE NOMINATION "ON POINTS"...
BUT THE ELUSIVE "KNOCK-OUT PUNCH" THAT EVERONE HAS BEEN LOOKING FOR...WILL NOT COME...
BESIDES, BEATING UP ON A GIRL...AND MAKING HER CRY... IS NOT A GOOD P.R. MOVE...
BEST TO LET THE SUPER DELEGATES DO THE DIRTY WORK IN DENVER...
AND KEEP OBAMA ABOVE THE FRAY...UNTIL THEN.
HILLARY WILL "WIN" THE MIDWEST... BUT NOT BY ENOUGH TO CHANGE THE OUTCOME...
ESSENTIALLY, OBAMA GETS THE NOMINATION "ON POINTS"...
BUT THE ELUSIVE "KNOCK-OUT PUNCH" THAT EVERONE HAS BEEN LOOKING FOR...WILL NOT COME...
BESIDES, BEATING UP ON A GIRL...AND MAKING HER CRY... IS NOT A GOOD P.R. MOVE...
BEST TO LET THE SUPER DELEGATES DO THE DIRTY WORK IN DENVER...
AND KEEP OBAMA ABOVE THE FRAY...UNTIL THEN.
FED ENFORCES DOW 13,000 CAP...
BERNANKE SAYS:
BE HAPPY... JUST NOT TOO HAPPY...
WE HAVE SOME SERIOUS FUNDAMENTAL PROBLEMS UNDER THE SURFACE HERE THAT NEED WORK...AND PERHAPS A FEW "NEW PARADIGMS" THAT NEED INVENTING...
SO, THEN, BE HAPPY REALLY MEANS..."DON'T CRASH" ....AND MAKE THINGS EVEN WORSE THAN THEY ALREADY ARE...FOR THE FED...
BOTTOM LINE...?
WELL...BE HAPPY I SUPPOSE... BUT REMEMBER THE FED IS REALLY CLUELESS ABOUT WHAT'S SUPPOSED TO HAPPEN NEXT...
NEVER HAS A MAJOR ECONOMY LIKE THE US...BEEN SO FUNDAMENTALLY FUCKED UP AS WE ARE TODAY... WE ARE IN COMPLETELY UNCHARTED WATERS HERE...
SO...THE BAND PLAYS ON...
BE HAPPY... BUT REMEMBER WHERE YOUR LIFE PRESERVE IS...AND STAY CLOSE TO THE LIFE BOATS...
JUST IN CASE...
BE HAPPY... JUST NOT TOO HAPPY...
WE HAVE SOME SERIOUS FUNDAMENTAL PROBLEMS UNDER THE SURFACE HERE THAT NEED WORK...AND PERHAPS A FEW "NEW PARADIGMS" THAT NEED INVENTING...
SO, THEN, BE HAPPY REALLY MEANS..."DON'T CRASH" ....AND MAKE THINGS EVEN WORSE THAN THEY ALREADY ARE...FOR THE FED...
BOTTOM LINE...?
WELL...BE HAPPY I SUPPOSE... BUT REMEMBER THE FED IS REALLY CLUELESS ABOUT WHAT'S SUPPOSED TO HAPPEN NEXT...
NEVER HAS A MAJOR ECONOMY LIKE THE US...BEEN SO FUNDAMENTALLY FUCKED UP AS WE ARE TODAY... WE ARE IN COMPLETELY UNCHARTED WATERS HERE...
SO...THE BAND PLAYS ON...
BE HAPPY... BUT REMEMBER WHERE YOUR LIFE PRESERVE IS...AND STAY CLOSE TO THE LIFE BOATS...
JUST IN CASE...
NO LIMIT ON OIL PRICES OR DOLLAR LOSSES...?
IS THERE ANY LIMIT...!
WELL, NOT UNTIL THE FED RECOGNIZES THAT IT HAS A PROBLEM HERE...AND QUITS CODDLING THE BIG BANKS AND INTERNATIONAL CAPITAL... (SEE THE A.A. "12 STEP PLAN" )
CURIOUSLY THE ONES WHO CAUSED THE PROBLEM...THE BIG PLAYERS...ARE NOW GETTING ALL THE ATTENTION...
BUT "CURING" THEM WILL ONLY MAKE MATTERS WORSE... AND THE REAL ECONOMY WILL CONTINUE TO DETERIORATE...
BERNANKE SEEMS TO WANT A RETURN TO THE "BUBBLES FOREVER" ECONOMY THAT WE GOT USED TO IN THE 90's.... BUT THAT SIMPLY ISN'T GOING TO HAPPEN...
BERNANKE IS CREDITED WITH "HISTORICAL" KNOWLEDGE OF FINANCIAL MARKETS...ESPECIALLY DURING THE DEPRESSIONS AND RECESSIONS...
BUT WHAT HE REALLY NEEDS IS A MODEL FOR A FUTURE ECONOMY THAT SIMPLY HAS NEVER BEEN TRIED BEFORE...
IN SHORT, THE FED IS FIGHTING THE LAST WAR...CURING THE LAST DEPRESSION...BUT WHAT'S BITING THEM ON THE ASS NOW IS A WHOLE DIFFERENT ANIMAL...
WELL, NOT UNTIL THE FED RECOGNIZES THAT IT HAS A PROBLEM HERE...AND QUITS CODDLING THE BIG BANKS AND INTERNATIONAL CAPITAL... (SEE THE A.A. "12 STEP PLAN" )
CURIOUSLY THE ONES WHO CAUSED THE PROBLEM...THE BIG PLAYERS...ARE NOW GETTING ALL THE ATTENTION...
BUT "CURING" THEM WILL ONLY MAKE MATTERS WORSE... AND THE REAL ECONOMY WILL CONTINUE TO DETERIORATE...
BERNANKE SEEMS TO WANT A RETURN TO THE "BUBBLES FOREVER" ECONOMY THAT WE GOT USED TO IN THE 90's.... BUT THAT SIMPLY ISN'T GOING TO HAPPEN...
BERNANKE IS CREDITED WITH "HISTORICAL" KNOWLEDGE OF FINANCIAL MARKETS...ESPECIALLY DURING THE DEPRESSIONS AND RECESSIONS...
BUT WHAT HE REALLY NEEDS IS A MODEL FOR A FUTURE ECONOMY THAT SIMPLY HAS NEVER BEEN TRIED BEFORE...
IN SHORT, THE FED IS FIGHTING THE LAST WAR...CURING THE LAST DEPRESSION...BUT WHAT'S BITING THEM ON THE ASS NOW IS A WHOLE DIFFERENT ANIMAL...
BUFFETT BASHES BUCK...!!
SAYS GET OUT OF DODGE... AND MOVE TO EUROLAND!
SEEMS TO LACK CONFIDENCE IN THE US GOING FORWARD.
THE ERA OF BUFFETT IS OVER...
SEEMS TO LACK CONFIDENCE IN THE US GOING FORWARD.
THE ERA OF BUFFETT IS OVER...
Sunday, May 4, 2008
KRUGMAN IGNORES DOLLAR COLLAPSE WHILE PRAISING FED...
KRUGMAN'S CONTENTION THAT WE HAVE BEEN "SAVED BY THE FED" AGAIN...IS A LITTLE MISLEADING....
AFTER EVERY CRISIS THE DOLLAR HAS BEEN WEAKER...AS A RESULT...
FROM THE OUTSIDERS POINT OF VIEW THE US MARKETS HAVE BEEN A DISASTER...AS THE DOLLAR HAS PLUNGED AGAINST THE EURO...
GOLD, THE ONCE MEDIEVEL RELIC...HAD SOARED....
AND RECORD HIGH GAS PRICES SEEM ONLY TO BE GOING HIGHER....
THE FED MAY HAVE SAVED THE SPECULATORS AND THE INVESTMENT BANKS...BUT THE REAL MANDATE TO PROTECT THE ECONOMY AND THE PEOPLE IN IT...HAS BEEN COMPLETELY IGNORED...
AFTER EVERY CRISIS THE DOLLAR HAS BEEN WEAKER...AS A RESULT...
FROM THE OUTSIDERS POINT OF VIEW THE US MARKETS HAVE BEEN A DISASTER...AS THE DOLLAR HAS PLUNGED AGAINST THE EURO...
GOLD, THE ONCE MEDIEVEL RELIC...HAD SOARED....
AND RECORD HIGH GAS PRICES SEEM ONLY TO BE GOING HIGHER....
THE FED MAY HAVE SAVED THE SPECULATORS AND THE INVESTMENT BANKS...BUT THE REAL MANDATE TO PROTECT THE ECONOMY AND THE PEOPLE IN IT...HAS BEEN COMPLETELY IGNORED...
FED HATES SAVERS...LOVES SPECULATORS.!
AMERICANS ARE CONSTANTLY TOLD TO "SAVE MORE"....
THIS EVEN AS THE FED IS "TAXING" SAVERS WITH RECORD LOW CD YIELDS....OFTEN LESS THAN 2%....!!
CLEARLY THE FED LOVES THE SPECULATORS MORE THAN SAVERS...
IF AND WHEN THE FED DECIDES THAT AMERICA NEEDS TO "SAVE MORE" THEY KNOW WHAT TO DO...
RAISE RATES SO CD'S HAVE A REAL YIELD AFTER INFLATION!!
NOW THEY DON'T!!
IT'S ALL SUCH BULLSHIT THESE DAZE...!
THIS EVEN AS THE FED IS "TAXING" SAVERS WITH RECORD LOW CD YIELDS....OFTEN LESS THAN 2%....!!
CLEARLY THE FED LOVES THE SPECULATORS MORE THAN SAVERS...
IF AND WHEN THE FED DECIDES THAT AMERICA NEEDS TO "SAVE MORE" THEY KNOW WHAT TO DO...
RAISE RATES SO CD'S HAVE A REAL YIELD AFTER INFLATION!!
NOW THEY DON'T!!
IT'S ALL SUCH BULLSHIT THESE DAZE...!
STOCKS SET TO SOAR....ON...WELL NOTHING REALLY
THIS IS A RANGE BOUND MARKET...
THE FED WANTS YOU TO BE HAPPY... JUST NOT TOO HAPPY...
ANY BIG RALLY IN STOCKS NOW...WOULD ALSO CAUSE A RALLY IN GOLD AND OIL...AND OIL SIMPLY CAN NOT BE ALLOWED TO GO TOO MUCH HIGHER... $4 GAS WILL BE A DEAL KILLER FOR THE US ECONOMY NO MATTER HOW LOW RATES GO...AND REMEMBER LOWER RATES MEAN A WEAKER DOLLAR...
THIS WILL NECESSITATE A LOT OF GOLD BASHING THIS SUMMER...TO KEEP THE DOLLAR HIGH...AND OFF SET THE MONEY PRINTING BY THE FED...
IN SHORT...A NEAT TRICK IF THEY CAN PULL IT OFF...
THE FED WANTS YOU TO BE HAPPY... JUST NOT TOO HAPPY...
ANY BIG RALLY IN STOCKS NOW...WOULD ALSO CAUSE A RALLY IN GOLD AND OIL...AND OIL SIMPLY CAN NOT BE ALLOWED TO GO TOO MUCH HIGHER... $4 GAS WILL BE A DEAL KILLER FOR THE US ECONOMY NO MATTER HOW LOW RATES GO...AND REMEMBER LOWER RATES MEAN A WEAKER DOLLAR...
THIS WILL NECESSITATE A LOT OF GOLD BASHING THIS SUMMER...TO KEEP THE DOLLAR HIGH...AND OFF SET THE MONEY PRINTING BY THE FED...
IN SHORT...A NEAT TRICK IF THEY CAN PULL IT OFF...
Saturday, May 3, 2008
Yahoooooo.......? Microsoft cancels deal...
Probably a very good move... Yahoo + Microsoft does not equal Google...
The thing about the Web is it's very fad driven....
Remember when Alta Vista was the "hot thing"....Boy you are old!!
Remember when Google was just a secret site for the terminally hip...?
Well now it's being used by Grannies with bad hips...!
This too shall pass... Like Grandpa's kidney stone... Google will meet it's rival someday....
The thing about the Web is it's very fad driven....
Remember when Alta Vista was the "hot thing"....Boy you are old!!
Remember when Google was just a secret site for the terminally hip...?
Well now it's being used by Grannies with bad hips...!
This too shall pass... Like Grandpa's kidney stone... Google will meet it's rival someday....
GUAM GOES FOR OBAMA...HILLARY TAKES THE MIDWEST...
THE DEMOCRATS HAVE A REAL PROBLEM...
THE MIDWESTERN BUBBAS ARE NOT LIKELY TO VOTE FOR OBAMA...FOR VARIOUS REASONS...
AND THEY WILL LIKELY FLOCK TO MC CAIN IN THE GENERAL ELECTION...
BUT IF DEMS GO FOR HILLARY THE SAME THING HAPPENS...
SO MC CAIN IS ALMOST A SHOO IN FOR PRESIDENT....!!
BUT, I THINK THE MIDWESTERN BUBBAS...AND THE RED STATE RED NECKS RICHLY DESERVE A MC CAIN PRESIDENCY...!
ONLY MC CAIN WILL BE ABLE TO USHER IN THE NEW PROGRESSIVE ERA...
WE NEED TOTAL COLLAPSE FIRST...WE AREN'T THERE YET...
BUT 4 YEARS OF MC CAIN...AND REPUBLICAN DRIFT...WILL PROVIDE EXACTLY WHAT AMERICA NEEDS TO MOVE ON INTO THE 21ST CENTURY...
SORRY...WE STILL GOT SOME MEDICINE TO TAKE...THE BUBBAS AND RED STATE MORONS HAVEN'T SUFFERED ENOUGH YET...BUT THEY ARE GETTING CLOSE...ESPECIALLY FILLING UP THE F-150 AT $4 PER GALLON!!
I WISH IT WEREN'T SO...BUT I DON'T SET THE AGENDA...I JUST DESCRIBE IT...
THERE YOU HAVE IT...
MC CAIN IS THE NEXT PRESIDENT NO MATTER WHAT THE DEMOCRATS DO...!!
THE MIDWESTERN BUBBAS ARE NOT LIKELY TO VOTE FOR OBAMA...FOR VARIOUS REASONS...
AND THEY WILL LIKELY FLOCK TO MC CAIN IN THE GENERAL ELECTION...
BUT IF DEMS GO FOR HILLARY THE SAME THING HAPPENS...
SO MC CAIN IS ALMOST A SHOO IN FOR PRESIDENT....!!
BUT, I THINK THE MIDWESTERN BUBBAS...AND THE RED STATE RED NECKS RICHLY DESERVE A MC CAIN PRESIDENCY...!
ONLY MC CAIN WILL BE ABLE TO USHER IN THE NEW PROGRESSIVE ERA...
WE NEED TOTAL COLLAPSE FIRST...WE AREN'T THERE YET...
BUT 4 YEARS OF MC CAIN...AND REPUBLICAN DRIFT...WILL PROVIDE EXACTLY WHAT AMERICA NEEDS TO MOVE ON INTO THE 21ST CENTURY...
SORRY...WE STILL GOT SOME MEDICINE TO TAKE...THE BUBBAS AND RED STATE MORONS HAVEN'T SUFFERED ENOUGH YET...BUT THEY ARE GETTING CLOSE...ESPECIALLY FILLING UP THE F-150 AT $4 PER GALLON!!
I WISH IT WEREN'T SO...BUT I DON'T SET THE AGENDA...I JUST DESCRIBE IT...
THERE YOU HAVE IT...
MC CAIN IS THE NEXT PRESIDENT NO MATTER WHAT THE DEMOCRATS DO...!!
DOW CEILING HIT...or BENANKE'S NEW BUBBLE
THE NOTION THAT WIEMAR BEN WILL CONTINUE TO PRINT MONEY LIKE THERE IS NO TOMORROW...IN THE FACE OF A NEW RECORD HIGH IN DOW STOCKS ...
IS JUST NUTS...BUT THEN "JUST NUTS" IS KINDA "NORMAL" THESE DAZE!
THE FED WILL HAVE TO PULL SOME SUPPORT AWAY FROM WALL STREET JUST TO STOP THIS NEW ASSET INFLATION...
WHICH--- ODDLY--- IT ALL BUT MANDATED BY STUFFING THE INVESTMENT BANKS WITH PLEANTY OF NEW BERNANKE CYBER-PESOS ---SUPPOSEDLY...TO "COMBAT" THE MORTGAGE DEFAULT MESS....
WELL YOU CAN'T...CURE ONE BUBBLE BY STARTING ANOTHER...THAT SHOULD BE THE LESSON OF THE 1990'S...
BUT ALAS, WE FORGOT...
AND SO SOON!!
IS JUST NUTS...BUT THEN "JUST NUTS" IS KINDA "NORMAL" THESE DAZE!
THE FED WILL HAVE TO PULL SOME SUPPORT AWAY FROM WALL STREET JUST TO STOP THIS NEW ASSET INFLATION...
WHICH--- ODDLY--- IT ALL BUT MANDATED BY STUFFING THE INVESTMENT BANKS WITH PLEANTY OF NEW BERNANKE CYBER-PESOS ---SUPPOSEDLY...TO "COMBAT" THE MORTGAGE DEFAULT MESS....
WELL YOU CAN'T...CURE ONE BUBBLE BY STARTING ANOTHER...THAT SHOULD BE THE LESSON OF THE 1990'S...
BUT ALAS, WE FORGOT...
AND SO SOON!!
MC CAIN BULLSHIT
CAN MC CAIN BULLSHIT AMERICA...?
WELL WHY NOT?
BULLSHIT IS A REPUBLICAN SPECIALTY...
IT'S REALLY ALL THEY ARE GOOD AT...!!
REMEMBER, THE "BUBBA REPUBLICAN" VOTER LIKES HIS BULLSHIT THICK ENOUGH TO EAT WITH A FORK!
AS THEY WILL BE DOING BY NOVEMBER 2008...
AND LICK THE PLATTER CLEAN...
AND ASK FOR MORE!
WELL WHY NOT?
BULLSHIT IS A REPUBLICAN SPECIALTY...
IT'S REALLY ALL THEY ARE GOOD AT...!!
REMEMBER, THE "BUBBA REPUBLICAN" VOTER LIKES HIS BULLSHIT THICK ENOUGH TO EAT WITH A FORK!
AS THEY WILL BE DOING BY NOVEMBER 2008...
AND LICK THE PLATTER CLEAN...
AND ASK FOR MORE!
Friday, May 2, 2008
DAVID BROOKS IS AN IDIOT...!
BROOKS IS SWEPT OFF HIS FEET BY "GLOBALIZATION" IN "OUR TIMES...!"
THE ONLY PROBLEM IS THAT HE COULD ALSO BE TALKING ABOUT GLOBALIZATION'S EFFECTS DURING THE 1720'S BUBBLES TOO...
BECAUSE, GENTLE READER, YOU SEE, THE NOTION THAT "GLOBALIZATION" IS SOMEHOW NEW...OR DIFFERENT...IS PURE BULLSHIT!
GLOBALIZATION HAS BEEN AROUND FOR CENTURIES...
ROME WAS GLOBAL... THE BRITISH EMPIRE WAS GLOBAL... THE ENTIRE CONQUEST OF AMERICA WAS ABOUT GLOBALIZATION AND WHO WINS AND WHO LOSES...
I'VE CONCLUDED THAT PEOPLE LIKE BROOKS...JUST DON'T KNOW THEIR HISTORY VERY WELL...
NOW...WHAT HAS CHANGED IS "SPEED OF COMMUNICATION"...BUT COMMUNICATION ADVANCES HAVE NOTHING AT ALL TO DO WITH GLOBALIZATION OR IT'S CONSQUENCES... (JUST ASK MONTEZUMA..!)
WHICH CONSEQUENCES, BY THE WAY, WERE THE SAME IN 1720 AS THEY ARE IN 2008...!
WHAT WAS OUR "BOSTON TEA PARTY" ABOUT IF NOT GLOBALISM vs. PROTECTIONISM...? YOU SEE...?
WHEN YOU UNDERSTAND THAT LITTLE CHESTNUT, GENTLE READER,...YOU'LL HAVE THIS WHOLE BALL OF WAX FIGURED OUT...
GET SOME GOOD BOOKS ON THE SUBJECT...PROBABLY OLDER BOOKS ....NOT THE CURRENT BULLSHIT NOW IN PRINT...BY THE LIKES OF BROOKS, HIS SOULMATES...OR THE OTHER AHISTORICAL ASSHOLES...LIKE TOM FRIEDMAN, ETAL...
THE ONLY PROBLEM IS THAT HE COULD ALSO BE TALKING ABOUT GLOBALIZATION'S EFFECTS DURING THE 1720'S BUBBLES TOO...
BECAUSE, GENTLE READER, YOU SEE, THE NOTION THAT "GLOBALIZATION" IS SOMEHOW NEW...OR DIFFERENT...IS PURE BULLSHIT!
GLOBALIZATION HAS BEEN AROUND FOR CENTURIES...
ROME WAS GLOBAL... THE BRITISH EMPIRE WAS GLOBAL... THE ENTIRE CONQUEST OF AMERICA WAS ABOUT GLOBALIZATION AND WHO WINS AND WHO LOSES...
I'VE CONCLUDED THAT PEOPLE LIKE BROOKS...JUST DON'T KNOW THEIR HISTORY VERY WELL...
NOW...WHAT HAS CHANGED IS "SPEED OF COMMUNICATION"...BUT COMMUNICATION ADVANCES HAVE NOTHING AT ALL TO DO WITH GLOBALIZATION OR IT'S CONSQUENCES... (JUST ASK MONTEZUMA..!)
WHICH CONSEQUENCES, BY THE WAY, WERE THE SAME IN 1720 AS THEY ARE IN 2008...!
WHAT WAS OUR "BOSTON TEA PARTY" ABOUT IF NOT GLOBALISM vs. PROTECTIONISM...? YOU SEE...?
WHEN YOU UNDERSTAND THAT LITTLE CHESTNUT, GENTLE READER,...YOU'LL HAVE THIS WHOLE BALL OF WAX FIGURED OUT...
GET SOME GOOD BOOKS ON THE SUBJECT...PROBABLY OLDER BOOKS ....NOT THE CURRENT BULLSHIT NOW IN PRINT...BY THE LIKES OF BROOKS, HIS SOULMATES...OR THE OTHER AHISTORICAL ASSHOLES...LIKE TOM FRIEDMAN, ETAL...
I SAY LET IT RIP...!
THERE IS NO SOLUTION TO AMERICA'S PROBLEMS...BECAUSE IN AMERICA THE PEOPLE ARE THE PROBLEM...
OR RATHER THEIR STUPIDITY IS THE PROBLEM...AND THEIR RELIANCE ON THE ELITES FOR THE TRUTH...
THERE IS NO HOPE...
IF MC CAIN IS ELECTED I'M JUST GOING TO LEAVE AND LET IT RIP...
BUT DON'T WORRY WITH ALL MY ASSETS CONVERTED TO EUROS...AND OUT OF THE AMERICAN PESO...I'LL DO JUST FINE... I SEE LESS HOPE NOW THAT EVER BEFORE...
OK SURE... WE ARE IN A BIT OF A HEAVEY BULL SHIT CYCLE NOW... BENENAKE IS BULLSHITING US EVERYDAY ABOUT WHAT'S REALLY HAPPENING WITH THE BIG BANKS.
THAT WILL PASS AS REALITY REASSERTS ITSELF...
BUT THEN THEY COME UP WITH MORE BULLSHIT... AND THE CYCLE REVIVES AND MOVES ON TO THE NEXT ONE...
OR RATHER THEIR STUPIDITY IS THE PROBLEM...AND THEIR RELIANCE ON THE ELITES FOR THE TRUTH...
THERE IS NO HOPE...
IF MC CAIN IS ELECTED I'M JUST GOING TO LEAVE AND LET IT RIP...
BUT DON'T WORRY WITH ALL MY ASSETS CONVERTED TO EUROS...AND OUT OF THE AMERICAN PESO...I'LL DO JUST FINE... I SEE LESS HOPE NOW THAT EVER BEFORE...
OK SURE... WE ARE IN A BIT OF A HEAVEY BULL SHIT CYCLE NOW... BENENAKE IS BULLSHITING US EVERYDAY ABOUT WHAT'S REALLY HAPPENING WITH THE BIG BANKS.
THAT WILL PASS AS REALITY REASSERTS ITSELF...
BUT THEN THEY COME UP WITH MORE BULLSHIT... AND THE CYCLE REVIVES AND MOVES ON TO THE NEXT ONE...
HERE'S THE JOBS BULLSHIT FOR APRIL....YOU FIGURE IT OUT.
Nonfarm employment......-20
Goods-producing........-110
Construction .........-61
Manufacturing ........-46
Service-providing.......+90
Retail trade........-27
Professional and
usiness services.........+39
Education and
health services ..........+52
Leisure and hospitality...+18
Government ............+9 WHEN WILL THE LAST AMERICAN FACTORY CLOSE...?
AND WHERE THE FUCK ARE THEY PUTTING ALL THESE NEW ASSWIPERS...?
AND MOST OF THEM COULDN'T FIND THEIR ASSES IF YOU LET THEM USED BOTH HANDS... THE LAST TIME I WAS AT A CLINIC...THE GIRL TAKING MY BLOOD PRESSURE TOLD ME IT WAS 72 OVER 40...!! I THANKED HER AND PROMPTLY WENT INTO A COMA...! LOL I MEAN...HAVE YOU NOTICED THIS...THESE PLACES ARE PACKED WITH TOTAL INCOMPETENCE...
(WHICH IS WHY I ALWAYS TAKE MY OWN BLOOD PRESSURE MACHINE TO THE DOCTOR'S OFFICE... I DON'T HAVE HIGH BP... FIY... NO MEDS AT ALL... ALTHOUGH THESE DAZES I'D BET FOR A VALIUM...AT TIMES...)
MOST HOSPITALS AND CLINICS ARE MASSIVELY OVERSTAFFED NOW...USUALLY 10 OR 20 PEOPLE WORKING FOR EVERY ACTUAL "PATIENT" IN THE WAITING ROOM! ....AND EVEN THAT ONE'S USUALLY A MEDICAIDE CASE!
INDEED THE WAITING ROOMS AT CLINICS ARE MOSTLY EMPTY...SINCE MOST SICK PEOPLE DON'T HAVE INSURANCE AND ARE STACKED UP LIKE CORD WOOD...AT THE HOSPTIAL'S EMERGENCY ROOM!!...A/K/A THE BUSH/REPUBLICAN "NATIONAL HEALTH CARE CLINIC!"
WHICH ...BY THE WAY... IS THE ONLY CROWDED PLACE IN MOST HOSPTIALS TODAY...THE "IN-PATIENT" FLOORS BEING MOSTLY DESERTED...FOR LACK OF INSURED PATIENTS WHO CAN AFFORD IT.
MC CAIN BENEFITS FROM BAD ECONOMY...
AMAZINGLY THE BAD ECONOMY BENEFITS MC CAINS CHANCES OF BECOMING PRESIDENT...
WHILE PEOPLE BLAME BUSH FOR THE CURRENT DISASTER...EVERYONE LOVES MC CAIN...AND HATES HILLARY AND OBAMA...
AMERICANS ARE GOING TO BE STUCK WITH ANOTHER WALL STREET ORIENTED PRESIDENT IN MC CAIN...
AND THEY RICHLY DESERVE THEIR FATE....
ONLY MC CAIN CAN TRASH AMERICA TO THE LEVEL THAT EVEN THE RED STATE BUBBAS WILL FINALLY WISE UP...
I SUPPORT MC CAIN TOTALLY FOR PRESIDENT...HE IS AN ESSENTIAL TRANSITIONAL FIGURE TO USHER IN THE COMING PROGRESSIVE ERA...
NOT YET...NO...
BUT EVENTUALLY.
WHILE PEOPLE BLAME BUSH FOR THE CURRENT DISASTER...EVERYONE LOVES MC CAIN...AND HATES HILLARY AND OBAMA...
AMERICANS ARE GOING TO BE STUCK WITH ANOTHER WALL STREET ORIENTED PRESIDENT IN MC CAIN...
AND THEY RICHLY DESERVE THEIR FATE....
ONLY MC CAIN CAN TRASH AMERICA TO THE LEVEL THAT EVEN THE RED STATE BUBBAS WILL FINALLY WISE UP...
I SUPPORT MC CAIN TOTALLY FOR PRESIDENT...HE IS AN ESSENTIAL TRANSITIONAL FIGURE TO USHER IN THE COMING PROGRESSIVE ERA...
NOT YET...NO...
BUT EVENTUALLY.
Thursday, May 1, 2008
DOW HITS 13,000 CEILING...?
I DOUBT THAT BERNANKE WANTS TO BE CUTTING RATES INTO A NEW RECORD ON THE DOW...
THIS THING WILL NEED TO TEMPER A BIT...
THE FED IS ALREADY ON THIN ICE WITH THE DOLLAR AND OIL...
MY HUNCH IS THAT THE FED AND IT'S SHILLS SUPPORT FOR THIS NEW MOONSHOT WILL BE WITHDRAWN SOON...
THEY JUST CAN'T AFFORD "NEW HIGHS" ON STOCKS...WITHOUT HAVING NEW HIGHS IN GOLD AND OIL...!
IT'S REALLY JUST THAT SIMPLE...
BERNANKE HAS HIS BELOVED PAPER ASSET BUBBLE BACK...THE REAL ESTATE SHIT IS BEING WRITTEN OFF...
BUT THERE IS A CEILING ON STOCKS NOW... THIS THING IS IN FANTASYLAND... AND EVERYONE KNOWS IT.
THIS THING WILL NEED TO TEMPER A BIT...
THE FED IS ALREADY ON THIN ICE WITH THE DOLLAR AND OIL...
MY HUNCH IS THAT THE FED AND IT'S SHILLS SUPPORT FOR THIS NEW MOONSHOT WILL BE WITHDRAWN SOON...
THEY JUST CAN'T AFFORD "NEW HIGHS" ON STOCKS...WITHOUT HAVING NEW HIGHS IN GOLD AND OIL...!
IT'S REALLY JUST THAT SIMPLE...
BERNANKE HAS HIS BELOVED PAPER ASSET BUBBLE BACK...THE REAL ESTATE SHIT IS BEING WRITTEN OFF...
BUT THERE IS A CEILING ON STOCKS NOW... THIS THING IS IN FANTASYLAND... AND EVERYONE KNOWS IT.
MAY MOONSHOTS!!
EXPECT MAY TO BE A MOONSHOT MONTH FOR STOCKS...
EVERYONE KNOWS THAT THE FIX IS IN NOW... SO IT'S REALLY A NO-BRAINER...
OF COURSE THERE IS A "CEILING".... NO ONE WHAT'S THIS THING TO RUN AWAY LIKE BACK IN THE 90'S... AND THE FED CAN'T REALLY AFFORD TO BUY THAT BIG OF AN "ASSET RALLY!"
BUT THE DECLINES WILL BE SHORT AND SHARP...PROBABLY LASTING ONLY A FEW HOURS...
ABSOLUTELY NOTHING TO WORRY ABOUT... EVERYTHING IS COMING UP ROSES...
OF COURSE THESE ROSES SMELL LIKE SHIT...
BUT FROM A DISTANCE IT ALL "LOOKS GOOD!"
THIS IS THE MARKET..."AS THEATER"...NOT AS AN ECONOMIC INSTITUTION.
WE LEFT ECONOMICS BEHIND...A LONG, LONG TIME AGO!
EVERYONE KNOWS THAT THE FIX IS IN NOW... SO IT'S REALLY A NO-BRAINER...
OF COURSE THERE IS A "CEILING".... NO ONE WHAT'S THIS THING TO RUN AWAY LIKE BACK IN THE 90'S... AND THE FED CAN'T REALLY AFFORD TO BUY THAT BIG OF AN "ASSET RALLY!"
BUT THE DECLINES WILL BE SHORT AND SHARP...PROBABLY LASTING ONLY A FEW HOURS...
ABSOLUTELY NOTHING TO WORRY ABOUT... EVERYTHING IS COMING UP ROSES...
OF COURSE THESE ROSES SMELL LIKE SHIT...
BUT FROM A DISTANCE IT ALL "LOOKS GOOD!"
THIS IS THE MARKET..."AS THEATER"...NOT AS AN ECONOMIC INSTITUTION.
WE LEFT ECONOMICS BEHIND...A LONG, LONG TIME AGO!
BUY IN MAY....SIT BACK AND WATCH BERNANKE'S ASSET INFLATION!!
CHANCES ARE THAT ASSETS WILL INFLATE UNDER THE WEIGHT OF FED LIQUIDITY.
HENCE THE BIG RALLY TODAY...
BUY IN MAY...GO AWAY...AND CASH IN YOUR BIG BERNANKE INFLATION GAINS ON LABOR DAY...!!
NEVER HAS THE MARKET BEEN SUCH A SURE THING...AND A NO BRAINER AS NOW.
OF COURSE THERE WILL BE SHORT SHARP "CORRECTIONS" SO THE MARKET MASTERS CAN BALANCE THEIR BOOKS...BUT EVERY DECLINE IS A BUYING OPPORTUNITY NOW...
AS TO THE DOLLAR RISE...? IT'S FAKE...THEY DO THIS OCCASSIONALLY...
BUT IT'S NEEDED TO KEEP GAS PRICES UNDER CONTROL DURING THE SUMMER TOURIST SEASON... ALL THE MACROS FOR THE DOLLAR ARE A DISASTER... PERHAPS NIBBLING AT GOLD DURING THE SUMMER DRIVING SEASON IS A GOOD IDEA...
MAKE NO MISTAKE THE FED WILL BASH GOLD...AND BASH IT HARD...ALL SUMMER. IT'S THE ONLY WAY THEY CAN CONTINUE DISTRUBUTING "FREE MONEY" TO THE BIG INVESTMENT BANKS...
HENCE THE BIG RALLY TODAY...
BUY IN MAY...GO AWAY...AND CASH IN YOUR BIG BERNANKE INFLATION GAINS ON LABOR DAY...!!
NEVER HAS THE MARKET BEEN SUCH A SURE THING...AND A NO BRAINER AS NOW.
OF COURSE THERE WILL BE SHORT SHARP "CORRECTIONS" SO THE MARKET MASTERS CAN BALANCE THEIR BOOKS...BUT EVERY DECLINE IS A BUYING OPPORTUNITY NOW...
AS TO THE DOLLAR RISE...? IT'S FAKE...THEY DO THIS OCCASSIONALLY...
BUT IT'S NEEDED TO KEEP GAS PRICES UNDER CONTROL DURING THE SUMMER TOURIST SEASON... ALL THE MACROS FOR THE DOLLAR ARE A DISASTER... PERHAPS NIBBLING AT GOLD DURING THE SUMMER DRIVING SEASON IS A GOOD IDEA...
MAKE NO MISTAKE THE FED WILL BASH GOLD...AND BASH IT HARD...ALL SUMMER. IT'S THE ONLY WAY THEY CAN CONTINUE DISTRUBUTING "FREE MONEY" TO THE BIG INVESTMENT BANKS...
FRIEDMAN SAYS: IT'S DUMB AND DUMBER
AMERICANS ARE PRETTY DUMB...
AMERICA'S INTELLECTUAL "BROWN OUT" CONTINUES.
BUT IN A SENSE THE LOOTING BY THE ELITES HAS BEEN SO BAD...THAT BULLSHIT IS THE ONLY THING AVAILABLE TO AMERICANS THESE DAZE...
AMERICA'S INTELLECTUAL "BROWN OUT" CONTINUES.
BUT IN A SENSE THE LOOTING BY THE ELITES HAS BEEN SO BAD...THAT BULLSHIT IS THE ONLY THING AVAILABLE TO AMERICANS THESE DAZE...
DON'T SELL IN MAY...JUST GO AWAY.
NO NEED TO SELL IN MAY THESE DAZE...!
THE FED HAS THE MAJOR AVERAGES COMPLETELY PROTECTED...THE MARKETS ARE TOTALLY MANAGED BY THE FED, THE MONEY CENTER BANKS AND OTHER LARGE INSTITUTIONS... ABSOLUTELY NOTHING "BAD" WILL BE ALLOWED TO HAPPEN...AS LONG AS THE PRINTING PRESS IS A VIABLE OPTION FOR "SOLVING" ASSET PRICING PROBLEMS...
THERE IS NO WAY THE MARKETS COULD "CRASH" UNDER CURRENT MANAGEMENT...
IF YOU CAN AFFORD THE GAS PRICES NOW IS A GREAT TIME TO "GO AWAY" AND FORGET ABOUT WALL STREET FOR A WHILE...
CHANCES ARE THIS IS ALL GOING TO TREAD WATER UNTIL THE POLITICAL CONVENTIONS... AFTER LABOR DAY WE'LL SEE HOW BAD GAS AND FOOD PRICES ARE...
BUT ALL YOU NEED TO KNOW WILL BE IN THE PRICE OF GOLD AND THE DOLLAR FOR THE REST OF THIS YEAR... THOSE ARE THE ONLY TRUE INDICATORS...THE FINANCIAL MARKETS PER SE HAVE BECOME A SHADOW WORLD OF ILLUSIONS ... A THEATRE OF THE ABSURD REALLY...
AT LEAST FOR NOW.
THE FED HAS THE MAJOR AVERAGES COMPLETELY PROTECTED...THE MARKETS ARE TOTALLY MANAGED BY THE FED, THE MONEY CENTER BANKS AND OTHER LARGE INSTITUTIONS... ABSOLUTELY NOTHING "BAD" WILL BE ALLOWED TO HAPPEN...AS LONG AS THE PRINTING PRESS IS A VIABLE OPTION FOR "SOLVING" ASSET PRICING PROBLEMS...
THERE IS NO WAY THE MARKETS COULD "CRASH" UNDER CURRENT MANAGEMENT...
IF YOU CAN AFFORD THE GAS PRICES NOW IS A GREAT TIME TO "GO AWAY" AND FORGET ABOUT WALL STREET FOR A WHILE...
CHANCES ARE THIS IS ALL GOING TO TREAD WATER UNTIL THE POLITICAL CONVENTIONS... AFTER LABOR DAY WE'LL SEE HOW BAD GAS AND FOOD PRICES ARE...
BUT ALL YOU NEED TO KNOW WILL BE IN THE PRICE OF GOLD AND THE DOLLAR FOR THE REST OF THIS YEAR... THOSE ARE THE ONLY TRUE INDICATORS...THE FINANCIAL MARKETS PER SE HAVE BECOME A SHADOW WORLD OF ILLUSIONS ... A THEATRE OF THE ABSURD REALLY...
AT LEAST FOR NOW.
WE CALLED IT...
G&D...DOES IT AGAIN... WE CALLED THE 25 BP CUT...AND THE 100 POINT DROP ...AS PREDICTED HERE...
I DO THINK THAT FED HAS TO BE WORRIED ABOUT THE EFFECT OF THE CUT ON THE OIL MARKETS...
REALLY $4 GAS WOULD DO MORE DAMAGE THAN A 25 BP CUT COULD EVER REPAIR...
THE FED IS ON THIN ICE HERE... AND I THINK THEY KNOW IT...
AS TO THE MARKETS...THE DOW...THEY ARE PROTECTED...NOTHING TO WORRY ABOUT ON THE MAJOR AVERAGES...
THE WORRY IS AT THE GAS PUMP AND THE SUPERMARKET CHECK OUT CASHIER...!
THE RICH AND THE FED WILL KEEP THEIR BELOVED "PAPER ASSETS" WELL INFLATED...TO THE DISMAY OF MAIN STREET AND ORDINARY PEOPLE...WHICH IS GETTING ANOTHER KIND OF INFLATION!! THE REAL KIND...
I DO THINK THAT FED HAS TO BE WORRIED ABOUT THE EFFECT OF THE CUT ON THE OIL MARKETS...
REALLY $4 GAS WOULD DO MORE DAMAGE THAN A 25 BP CUT COULD EVER REPAIR...
THE FED IS ON THIN ICE HERE... AND I THINK THEY KNOW IT...
AS TO THE MARKETS...THE DOW...THEY ARE PROTECTED...NOTHING TO WORRY ABOUT ON THE MAJOR AVERAGES...
THE WORRY IS AT THE GAS PUMP AND THE SUPERMARKET CHECK OUT CASHIER...!
THE RICH AND THE FED WILL KEEP THEIR BELOVED "PAPER ASSETS" WELL INFLATED...TO THE DISMAY OF MAIN STREET AND ORDINARY PEOPLE...WHICH IS GETTING ANOTHER KIND OF INFLATION!! THE REAL KIND...
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