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Buy the fucking dip bitchez!
ba a aaaaah....
This will last forever. Everything is fine, all the stocks news sites told me so.
next dip bitch, next ones a doosy
You haven't seen overbought
Did you order the POMO?
DID YOU ORDER THE POMO?
(fucking awesome post, chop)
...you're goddamned right I did. ;)
When is Nicholson reprising The Bernank's role?
Who is directing?
Post of the century!
Screencapped for historical references
+8041 - Ned
Lulz. Thanks for this.
bacon wrapped radness! +2012
They are going to have to add a new category soon.
Its not overbought. Its not even a market anymore. So have fun trying to use technicals to predict where it is going. Best thing to do is.. DON'T PLAY IN A RIGGED GAME
"There are no markets anymore, just interventions." - Chris Powell
Here's an interesting chart:
Time for the picture of the guy on a ladder, on top of a picnic table, balanced on cinder blocks?
(from April 2010)
Meanwhile in bond land - meltdown.....
been reading since s+p at 1040, in aggregate, doomers
until lately. Honestly, you people are a pretty good contrarian
indicator. Lets see how it plays out. good luck. I am short 2x and 3x. no worries
of parabolic breakout. down bitches.
1% in precious metals, lol!!!
you dont even realize how lucky you are.lol
how about you lob a few more condescending remarks around and back them up with zero substance
Boy I am so glad to have a chart for this now.
I never knew the S&P was overvalued. <sarcasm off
BUY on technicals...ignore the fundamentals...and BY THE WAY...didn't we all agree that there is no 'retail/dumb money' going into the market...its all just one computer to another...60%....right? no? yes?
don't buy Gold, buy Real Property living business concerns those that make it thru, with refinanced debt leverage @4% these businesses will grow at inflation + whatever they actually make ON A FIFO/LIFO accounting basis...
and buy the Investors Business Daily 'New America" stocks, when their technicals are good...and ignore p/e earnings based on the old normal...its the PIMCO new normal...
Creative Destruction, yes, there WILL be permanently dead real estate, Ghost Towns, and Ghost Factories, and dead business models, and
PERMANENT unemployement PRECISELY BECAUSE CERTAIN SKILLS ARE NOT NEEDED ANYMORE, NOT NOW, NOT EVER....and because with only 90% of the previous workforce, some efficiencies have come into play to making the sam amount of goods/services...
no need for more employees until the DIRECTION OF THE NEW NORMAL IS ESTABLISHED WELL ENOUGH TO INVEST 10-20 YEAR PLANT/EQUIPMENTand 'skilled employees'....no more 'welfare on the job' 'it will be welfare...just welfare, no pretense...'
i think that the 'dumb money' got burned badly what with the Bernacke Put...yes, and THOSE RETAIL TRADERS are probably out of the equities market....are NOT the bulls...indeed there are no 'retail traders' out there...
'Demand Destruction' for buying stocks is near maximum, actually, and there is NO way to assess the Net Present Value of the future income stream...so fundamentals are out...and the great thinning of the HERD of companies, real estate, wrongly directed capital...are being thinned out...yes, and MOST OF THOSE 'BARGAINS' are permanent junk...
Bombed Out Germany and Japan 1945 - all the old bulldozed burned, everythiing newly rebuilt...room for the new to grow...and IT DID, both Germany and Japan not only finished rebuilding within 10-15 years, but then CONTINUED, to SURPASS the USA in production costs and quality...
you buy TODAY only NEW, GROWING, LIVING investments...should be plenty of room for these to grow, once the junk assets are literally bulldozed...buildings, old mfg plants, wrongly placed Hotels...on and on
And YES, American Population is growing, only Country in the WEST....mexicans and other immigrants young with a long long worklife of SKILLED WORK ahead.
What exactly are "Real Property living business concerns"?
Is that real estate producing an income stream? It sounds like a Japanese-botched translation.
So are you recommending service businesses, then? As people's wages get squeezed by energy/food more and more they have less money for the service industry. Obviously, there are very few examples left of businesses that actually produce anything.
Here, you are contradicting yourself and identify your problem:
"'Demand Destruction' for buying stocks is near maximum, actually, and there is NO way to assess the Net Present Value of the future income stream...so fundamentals are out...and the great thinning of the HERD of companies, real estate, wrongly directed capital...are being thinned out...yes, and MOST OF THOSE 'BARGAINS' are permanent junk..."
"Bombed Out Germany and Japan 1945 - all the old bulldozed burned..."
USA ain't there yet. I'll buy after it gets bombed & burned to the ground, thanks. Start with Washington, DC, please.
The market sentiment and weather conditions portend a tight sweater day on CNBC.
"Take away those sweaters and whatdya got?" -- Marilyn Monroe
Someone should turn up the heat in the studio! :>D
Bonds down stocks up, another same old week in Asia. Good christmas becoming great for the momos I guess?
Looks like a condom will be needed.
Throw out all the t/a charts and analysis, they don't apply now. This is pumped by the Fed and will continue for quite some time. To try and use t/a is silly. This is going much higher - common sense.
What will tell you it is time to sell?
When he starts harvesting potatoes from his back yard to eat
The "common sense" you are recommending here sounds to me (a relatively "outside" observer of the market) remarkably like the beginning of a hyper-inflationary psychological dynamic. Hard to know based on your history if this is what you intended?
Actually, momentum indicators have been VERY helpful.
Harry and Turd in full agreement? Another sign of the Apocalypse has come to pass!
I don't know, seems the "dumb money" has been doing a lot better than this so-called "smart money" that's been trying to call the top ever since March 2009.
Stock markets fraud, farce...just permabullisment killing long/short traders.
I'm still seeing orderly patterns on charts. Maybe I've gone crazy.
"Expect momentum chasers and dumb money speculators to go apeshit and to buy anything and everything in sight on this latest observation."
Expect, my ass. That is what these bozos have been doing since August.
"We continue to hold about 1% of assets in precious metals, about 1% in foreign currencies, and about 2% in utility shares."
Good to see this genius is fully hedged.
The markets can stary this way as long as the FED keeps buying stocks through proxies. The problem is when it ends it will end very badly and a great deal of wealth will again be destroyed. Then the FED will again try and bail out the stupidity of investors and themselves with more.......until yes we will (are well on our way) to looking like Japan.
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