Guest Post: Comparing The 2007 Topping Pattern To Now

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Fri, 07/08/2011 - 18:08 | 1438490 Thorlyx
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Bring it on !

Fri, 07/08/2011 - 20:48 | 1438812 doesmybuttlookf...
doesmybuttlookfatinthis's picture

Did you know John Kerry served in Viet Nam?

Fri, 07/08/2011 - 18:09 | 1438493 coppertop
coppertop's picture

Home prices to fall 40% ?

Fri, 07/08/2011 - 18:37 | 1438539 trampstamp
trampstamp's picture

No.. this time it's global debt defaults. That should make the housing bubble look like a fart bubble in the tub.

Timing is everything so it has to happen within the next couple of weeks for this pattern to play out lol!

Fri, 07/08/2011 - 18:50 | 1438575 Rynak
Rynak's picture

Debt defaults? We don't need a debt default - we can easily fix it.

Ladies and gentlemen, inspired by two posters in the thread about the "Reduce America's Debt Now Act", i've figured out a way how the USA can easily fix it's debt problem, and even become an export-addicted nation.

It works like this: In every city, we set up booths every sunday. Politicians are required to do "public service" during those days at those locations. The deal is: Groups of 20 people at a time, can make a bid of at least 5 dollars. The cash is used to reduce the debt. Everyone who did bid, may punch a politician in the face. The one who made the highest bid, gets to kick a politician in the nuts with steel toed boots.

Anyone, even politicians themselves, can make a bid. Tourists get four punches/four kicks instead of one, to promote tourism and get foreign capital into the country.

Of course, the problem is that other countries may copycat us. They may offer more days per week during which such events happen, or more politicians. Well folks, get with the time - in a global market with neither borders nor limits, sacrifices need to be made, to stay competitive. And the USA has an amazing opportunity here. It is, after all, the biggest exporter on the planet. Oh yes, it is, you just haven't noticed it yet, because we haven't capitalized yet on the ressource in question. We haven't understood our one true calling and destiny yet:

Crap.

No nation on the planet exports more crap than the USA.... political crap, cultural crap, economic crap.... it's a literarily endless ressource. And with all the crap, it turns out there is a lot of hate to be harnessed, against those who come up with all the crap. We don't need to stop with politicians... we could extend the scheme to economists, bankers, CEOs, MSM whores, and much more.... no one will be able to beat us! We could finance the entire USA just by punching and kicking the crap out of all the crap, all day - crap, which in turn we then finance from kicking it!

Fri, 07/08/2011 - 18:50 | 1438586 coppertop
coppertop's picture

wordy, improper subject definition, prepositional errors, structual imbalance. 

Fri, 07/08/2011 - 20:36 | 1438788 Thomas
Thomas's picture

Ouch.

Fri, 07/08/2011 - 20:50 | 1438814 golfrattt
golfrattt's picture

So, he gets an A- ....??

(based on Atlanta's grading system)

Fri, 07/08/2011 - 22:00 | 1438955 snowball777
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Phrases, a listing of complaints, no sentence, STFU.

Fri, 07/08/2011 - 22:45 | 1439026 jeff montanye
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misspelled structural too.

Sat, 07/09/2011 - 03:10 | 1439254 Fish Gone Bad
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+1

Sat, 07/09/2011 - 11:29 | 1439539 gmrpeabody
gmrpeabody's picture

+2

Sat, 07/09/2011 - 02:06 | 1439218 The Architect
The Architect's picture

+1

Fri, 07/08/2011 - 18:50 | 1438587 Long-John-Silver
Long-John-Silver's picture

I bid $1,000 to Guillotine any politician currently serving in Washington D.C.

Fri, 07/08/2011 - 18:53 | 1438600 coppertop
coppertop's picture

aren't you the arrogant ass that posts here like mad?

Fri, 07/08/2011 - 18:55 | 1438604 Rynak
Rynak's picture

No, that was your copycat account, called long-JUAN-silver.

Fri, 07/08/2011 - 19:15 | 1438633 coppertop
coppertop's picture

Colonel Grevious? Lord Vitahoba? Ginny Crack Corn?

Sat, 07/09/2011 - 10:27 | 1439473 dogbreath
dogbreath's picture

i still think you are on some heavy shit but I'm beginning to think you could be the best troll yet to show up around here.  don't be so shy.

Fri, 07/08/2011 - 22:13 | 1438979 JW n FL
JW n FL's picture

he is big into cutting heads off! I wanna stretch some necks!

 

I got rope!

 

it is easier to carry around that that big machine he has! but in all fairness I am willing to share my rope with him.. or others!

 

we might as well make it a party! they damn sure did when they gang raped us!

 

Prosecuting Acts of Treason can Be FUN!! tell a Friend!

Fri, 07/08/2011 - 19:58 | 1438730 Frankie Carbone
Frankie Carbone's picture

I'll raise that bid with $1,000 CAD. 

Fri, 07/08/2011 - 22:16 | 1438981 JW n FL
JW n FL's picture

OUCH! LOL!!

Fri, 07/08/2011 - 22:37 | 1439016 mt paul
mt paul's picture

175 yuan

Fri, 07/08/2011 - 23:40 | 1439122 ebworthen
ebworthen's picture

And I'll raise that to one ounce .9999 purity gold, Krugerand would have some form of poetic justice.

Sat, 07/09/2011 - 10:36 | 1439481 Ag Tex
Ag Tex's picture

The Krugerand is .9170 pure.  It and the Eagle (.9167) have separate alloy contents mixed in for durability, thus making them harder for garage refiners to melt and repurify.

Sat, 07/09/2011 - 18:36 | 1440319 ebworthen
ebworthen's picture

Damn metallurgists; I'll have to settle for .9170

Sun, 07/10/2011 - 09:32 | 1441179 Ag Tex
Ag Tex's picture

Just keeping it real.

Sun, 07/10/2011 - 11:00 | 1441265 mr_T
mr_T's picture

Buffalos .... Biatchezzz.....

Sat, 07/09/2011 - 03:13 | 1439256 Fish Gone Bad
Fish Gone Bad's picture

1000 quatloos.

Fri, 07/08/2011 - 23:42 | 1439125 Reptil
Reptil's picture

"And then he added a zero to the thousand."

http://www.youtube.com/watch?v=pmdAsL1n6q4

 

B'|

 

Sat, 07/09/2011 - 15:32 | 1440052 rosiescenario
rosiescenario's picture

...may I make another modest proposal which will assist both Federal and state governments in reducing their expenses and therefore, their deficits?

 

We should out source our prison system. This would immediately reduce their operating cost and, I dare say, the rate of recidivism. Let me go so far as to even suggest some of the Wall St. crooks might think twice if they were weigh the risk of being transported to outer Mongolia rather than to a club fed in Lompoc.

Sun, 07/10/2011 - 05:39 | 1441084 jharry
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You're a very funny person!  I laughed my butt off!  Thanks!

Fri, 07/08/2011 - 18:39 | 1438560 OS2010
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Only 40%?  If they decrease by 80%, will people start buying houses for actually living in, again?

Fri, 07/08/2011 - 18:44 | 1438572 trampstamp
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Dam, I would buy 2 for my kids and the dog.

Fri, 07/08/2011 - 18:15 | 1438501 Sudden Debt
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All DOW stocks should trade at 10 X yearly dividend.

I wonder how many points it would still have :)

 

Fri, 07/08/2011 - 18:17 | 1438506 Robslob
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The "D" word bitches

Fri, 07/08/2011 - 18:20 | 1438508 Jendrzejczyk
Jendrzejczyk's picture

Yen Crucifiction Device, what does your OUIJA Board say?

Fri, 07/08/2011 - 18:21 | 1438514 coppertop
coppertop's picture

Yes, no and maybe

Fri, 07/08/2011 - 20:12 | 1438751 Jendrzejczyk
Jendrzejczyk's picture

Mine spelled panic.

Sat, 07/09/2011 - 10:59 | 1439511 10kby2k
10kby2k's picture

Darts are much more accurate.

Fri, 07/08/2011 - 18:20 | 1438512 gorillaonyourback
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whiskey bent and hell bound, time to start plundering the rich people around me, i got nothing to loose, go to jail get free room and board.   LMAO  its gitin, its gitin, its gitin pretty hectic.

Fri, 07/08/2011 - 18:23 | 1438518 coppertop
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the barefoot bandit

Fri, 07/08/2011 - 18:26 | 1438522 gorillaonyourback
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you wouldn't happen to have angelo mozzilos address would you?

Fri, 07/08/2011 - 18:30 | 1438535 coppertop
coppertop's picture

why?

Fri, 07/08/2011 - 18:32 | 1438540 gorillaonyourback
gorillaonyourback's picture

im appointing myself the head of the securities and exchange commision and lets say his ill gotten gains need to be taxed.

Fri, 07/08/2011 - 22:02 | 1438956 snowball777
snowball777's picture

so you're going to watch porn and ignore everything that orange motherfucker does?

Fri, 07/08/2011 - 18:24 | 1438520 rocker
rocker's picture

Excellent Work.  Looks like a possible down trend channel was formed today.  Again, great work! 

Fri, 07/08/2011 - 18:32 | 1438521 coppertop
coppertop's picture

The wizard knows the answer     :->

http://www.youtube.com/watch?v=hDO3sq9kHmY      


Electric Wizard - Vinum Sabbathi

Fri, 07/08/2011 - 23:43 | 1439127 ebworthen
ebworthen's picture

...well, I suppose he is playing an SG...but...

Fri, 07/08/2011 - 18:26 | 1438523 kevinearick
kevinearick's picture

Organic Chemistry

The action occurs among electrons, surrounding a society of self-replicating protons, which act as the gravity counterbalance, with a semi-neutral buffer. What happens when an external proton meets a free radical?

You want electron flow through a circuit to sustain productive work. Some of those electrons pair up. Where do all the electrons come from? What is a resistor? What is a resistor to the resistor? What is the effect of Family Law on the circuit?

Installing a one-way circuit, attempting to force electrons down that path, on time, with no return, is pretty damn stupid, if you are looking to open the NPV window for constructive employment. On the other hand, if you are looking for a big bang as your last instruction in the loop…

DNA has a built-in instruction set that casts off addictive bonds. What happens if you disable it for 3 generations, and poison the food supply, to create a world addicted to scarcity? You ever notice how people/organizations behave when the welfare checks get distributed? Notice the similarity in these rolling recessions? It’s hard to pay attention, much less anticipate, on drugs, in an automated pharmacy.

So, now I am in a town where the 75% NPV excess capacity is strikingly obvious, where they readily sell their kids to $10/hr labor, which is just enough to keep the “non-profit” slumlord loss-leaders. Do you know what it is costing you to store all those houses, boats, and cars crammed into the pipeline?

They must hoard. They cannot help themselves, because they are genetically predisposed to do so as they enter an economy where all the traffic lights with the same momentum are green, and all the lights in the other direction are red. Inflate prices 3X and place a 30% off sale in the window. The herd comes running every time, seeking something for nothing, which is the inverse of effective investment.

Up until now, the market could stay irrational longer than the individual could remain rational. That is no longer the case, because you have an exit, but the market does not. You cannot fix a stupid economy in real time. How do you want to transform all that excess capacity?

From the market perspective, land is dear. From the individual perspective, land is cheap, unless you have been led to believe you are an immobilized proton, which simply cannot face sunk cost.

 

Fri, 07/08/2011 - 18:30 | 1438536 coppertop
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vague, nonspecific, disorganized

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