Archive - Feb 2011 - Blog entry

There simply cannot be a con without two opposing but cooperative parties involved. And both sides need to expect to get something out of the deal, regardless of whether it happens or not and despite all the facts not being known by one or more of the parties.

Of course, all of this is just financial speculation and trading models. No sane person could possibly invest in the Euro today based on fundamentals. After all we’ve already seen Greece ask for an extension of its bailout payments from three to 30 YEARS. And it’s not as though investors are interested in buying bonds from Spain or Portugal (see the recent bond buying activity from the ECB). And then of course there’s the Irish wild-card now that the elections will be held in late February.

The puppet show.

A short recap of today's meeting...

Thank you, President Mubarak ... for educating the world about the concepts of agents provocateur and false flags ...

Forget "million man march" ... Egypt has over TWO million.

Google's Android is now the undisputed top selling mobile OS in the world, unseating Research in Motion's Blackberry, Apple's iOS and Nokia's Symbian/MeeGo in record time. Being that Android is essentially a front end to Google's cloud services and apps, does this mean that Google now has (or soon will have) more application reach than Microsoft - the world's largest software company? Pretty good performance for a search engine, eh?

If you don’t want the Florida Supreme Court to pass the Florida Bar’s new rule violating the rights of citizen journalists, by the end of the day on Feb. 1, 2011, send an email to katherine.giddings@akerman.com and jjenning@flabar.org

The basic problem is that nobody cares. Cotton, the grains, and oil all go up for the short term. But the long term impact of the Egyptian blow up on the global economy is minimal. But expect volatility to start trending upward from here. There are black swans out there gathering.

Honestly, at this point why do the Feds even bother trying to make GDP sound credible. If you’re going to just make stuff up, why not shoot for the moon? We could be posting GDP growth of 500% per quarter and employment at 200%. Why not simply REMOVE inflation from economic data? Just claim the Dollar hasn’t moved EVER.

"The Lonliest Man in Davos" wrote a 28-page report foretelling a global recession by 2015 via a commodity debt crisis brought on by China.

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

And no … allowing democracy in the Middle East will not increase terrorism.