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HCM Market Letter Revises Market Expectations, Says Unlikely S&P Will Return To 1,200
Deficits Monetary and Moral, by Michael Lewitt, HCM Market Letter
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First paragraph is simply "spot on" overall the best description of our current sit......included with laughter ,"hollow men" in charge.
Is "Hollow Men" a Japanese candlestick pattern signifying a reversal?
doublethink
"Hollow Men"
Aussie political satire series. Very funny and insightful.
Haven't seen it but if you break the skin of anything hollow, as you know, ,,,it's a void. I'd imagine that at some point these "thin skinned" leaders will eventually get pierced.
Maybe Hanging Man or Tweezer Top....either way, it's a sign.
Something tells me this guy is smarter than Doug Kass (A.K.A. Mr. Market Bottomed already)
This ought to be bullish /sarc
http://channel.reuters.com/bc/server/SpecialNewsStory.asp?id=KLSVDPL
QUALCOMM Inc.: 90-Day Insider Net Sell Amount US$120.79 K.
Marvell Technology Group Ltd.: 90-Day Insider Net Sell Amount US$11.68 Million.
American Express Company: 90-Day Insider Net Sell Amount US$36.25 Million.
Lowe's Companies Inc.: 90-Day Insider Net Sell Amount US$2.48 Million.
Cirrus Logic Inc.: 90-Day Insider Net Sell Amount US$12.60 Million.
ON Semiconductor Corp.: 90-Day Insider Net Buy Amount US$951.03 K.
Just a reflection of how valid the insiders believe the claims on this recovery are.
Goes with the liquidity drain that is happening. It's a slow drip drip drip drip...
You can all relax. The Atlas Shrugged film is due for release in 2011. Just in time to nudge public opinion toward the coming Great White Hope.
I foresee many of you acting Paul Reubens in a porn theater.
The start of "earnings season" next week will dictate the direction of the markets.
The earnings will probably be "better than expected" since the "recovery" is just starting to stall. Don't expect good news at October's earnings season, when Q3 results are released.
If a financial bomb doesn't explode in the next weeks, we'll see this bear market rally going on for a little time more.
Every day the stock market becomes more and more a "lagging indicator".
On the way in to my office this morning, I wondered when the last time was that I heard or read the following phrase.
"The stock market is a leading economic indicator, usually looking 6 to 9 months into the future."
I couldn't remember. Anyone wish to chime in?
Good, sensible article... at least until he rocketed out into right field, started slobbering all over Israel and pronounced Obama "a threat to Western civilization..."
Spectrex,
Well,many here agree with both.................esp O.
He is the greatest threat we have ever faced as a nation..........and has done the most damage, in just 2 short years.
Even the MSM, is starting to wake TFU,wondering what's this dude doing?. NEGATIVE Articles are even appreaing,imagine that!,wonders never cease.
While it's blatantly obvious to anyone who is not a Socicalist/Marxist/Commie...................
The greatest threat EVER?
Worse than the Civil War, Hitler, Imperial Japan, or the USSR? Worse than China? Worse than all the politicans and leaders before him who created these problems in the first place?
Nonsense. I don't much care for his leftist ideology, and he hasn't been able to effect any systemic changes whatsoever, but O is far from being the worst president ever - let alone "the greatest threat we have ever faced."
And if you're worried about threats to the country, Obama's refusal to slavishly support Israel and/or start yet another catastrophically misguided war with Iran is probably the best thing he's done as President.
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