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Obviously people are getting cash to spend on Christmas! This is bullish!
or they are running out of cash after many months of unemployment...
these people do not live in the real world; for them if you sell smt got to buy smt else...how about when you need the money to survive???
- "we're all in this together"
Thousands (maybe millions) of Americans are cashing in their retirement accounts early, just to pay bills.
bring on the dancing girls! boo yah! call jim cramer! we need the bagholders now bad....
maybe the government can mandate that all retail IRA holders invest their cash now! No holding cash! They have to buy and let JPM and GS rape them....
they own Congress, so let's see some action corraling the peasants after the first!
Looks like it's time to implement plan U.S.S.R. or Ultimate Social Security Returns. It's a new tax of 25% on top of what you already pay and will be invested on your behalf via JPM or GS. It's called "Ultimate" because this plan has 0% change of failure. It's called "Returns" because this time you'll be getting it back, unlike the old Social Security program. We promise.
Payable in a new IRA currency. To be accepted at approved stores.
Saint Peter don't call me, 'cause I cain't go...I owe my soul to the Govt store!
-Tennessee Ernie Ford
The more that individuals take money out of the market, the higher it will be pushed. Dow 36,000 if there are no investors left!
How can there be no investors left, when they pulled a cumulative $100 billion out of stock funds this year?
Maybe the dumb money (mutual funds) will start coming back when the market is 1,000 points higher.
it where the sun don't shine.
he sure did, but I gotta say that I'm getting a warm feeling knowing every Wall St. strategist thinks it's to the moon next year.
your BALD head...
where the sun don't shine.
"Pimco Total Return this month said it is expanding its policy to allow investments in equity-linked securities for the first time since 2003."
We know how this works (some of us longer than others)...market goes up high enough that all the bond chasers will kick themselves for not being in equities. Stupid peasents rush back into stocks right at the top as the "house" sells into the panic buying. Market goes down and the cycle continues.
You think this is all new? That it has happen over the last 5-10 years? It is not. Just more people becoming aware. And just like gambling, people will come back even though they know the odds are against them!
Yup. There was selling into strength each day this week. Sign o smart money tiptoeing toward the exit
gambling is a lot more fun and more honest.
CNBC was pumping equities today, inbetween noting that many stocks, and the indices, were at two year highs, then having more pump-monkeys on talking about buying financials.
LEAVE JP MORGAN ALONE NOW:
Alrighty, who junked that? :o)
It's a guy making fun of Chris Crocker, you know the "Leave Britney alone, NOW" guy, and has to do with crash JPM - Buy Silver.
It was wrong to junk that post.
I wasn't aware that Jamie Demon and Blythe disAsters had identities on ZH to rate posts as Junk...
Say... Isn't that MacIntyre's tartan...
You know one of those Clan Chattan rowdies...
I enjoyed it, thanks.
Jamie Dimon and Banksters and Wall Street puds are worshipped like Brittany Spiers; the worshippers just think of themselves as better than everyone else and "doing God's work".
Is that Johnny or Edgar Winter ?
What will outflows be if we ever have a "down" week?
Do you recall those days a couple of years ago with "sell Imbalance" at the close?
outflows ? I thought they been flowed allready? I keep thinking the shadow market is probably trading aaple at 43.50 but for appearances the ppt has a few hft bots making it appear to be trading at 325.50 for the dumb retail guys like me sitting at the kitchen table with the laptop.
nobody, save for a few hedge funds, gives a rats ass about manipulated stocks prices anymore.
Yet they seem to give a rats ass about manipulated bonds. Central banks don't buy alot of stocks, they prefer bonds, especially government paper.
Who's the chump?
Is there any data on what goes into "inverse" ETFs as well ?
Bed, Bath, and Beyond gapping up $3.00 to a fresh, new, world record high after hours.
Wow, I guess that the "Endgame for the Financial System", the "Total Collapse of the Global Economy", and the "Systemic Meltdown of The Consumer" has been delayed for a few years....
Food stamp usage gapping up to 1 in 7 Americans, a fresh,new world record high. Wow, I guess that the "Summer of recovery" and the "Economic santa claus rally" has been delayed for a few years...
Last I heard, food stamps is now the biggest freebie fraud game being played here in Los Angeles.
Virtually anybody can get food stamps if you fill out the right forms.
And people can buy anything with them: Starbucks coffee, sheets and pillowcases at BBBY, Lululemon workout outfits, even yoga classes....
Last I heard, Governator Arnold fixed all that. Or was that the welfare credit cards he fixed?
let me get this straight- you recognize fraud at the lowest
strata of society, but Fraud as a business model for TBTFs escapes you?!
Come on Man!
Robo - I enjoy your bullish contrariness, but am a little confused as to how you reconcile a market that is headed up with the dismal facts facing this country. Unemployment stubbornly high, and the overall sales environment much more challenging. Results only look good relative to a lousy prior year. Maybe you don't try to reconcile, but still... things are tough, and it is hard to see how that can be good for the country, let alone stock valuations in the near term.
All good things must come to an end. The ice gets mighty thin way out here. The market i just a 'Funny Money Gauge'. If the spigot gets turned down even a bit, we're going lower.
you are getting uglier to me as the days go by Robocreep. Dont you sense the underlying anger of the public?
You wont be needing the blindfold since your vision is already narrow.
And surely we will offer you a last cigarette.
Feel me, i am the common man.
I'll be cruising Melrose in my 997 TT tomorrow. Where do I get dem food stamps? Time for a small refund of what I've already for!
Yes, BBBY is the economy; well played. Now get back on the LA city bus.
BBBY who's biggest competitor went BK ? Best Buy is more of an indicator of today's consumer and they're not sharing the same enthusiasm for the "Consumer".
Circuit City went belly up, one of BBY main competitors, that should help them but apparently they are are not in the club... Its all smoke and mirrors, the fucking banks are insolvent and they lead the rallys.
Home builders, Banks, and Retailers rallied because that was the "play of the day" put in by the "deciders". The Bernank and the TBTF Banks blasted those sectors with their Ol Buddy Hank Paulson's Digital Bazooka. Nothing new.
Retail goes up this time of year for Christmas. BBBY will be back down before 1QTR whisper #'s are out
My prediction for May 2011 -- oil/gas prices rise --- DIG up big by March. You heard it here first.
Thanks for the chart. I pointed this out on another thread as well. As with my company we are seeing another, albeit much larger, example of how strong the consumer is.
Also, as I mentioned on the other thread regarding my company's name and location, I do not want to list it here as it is a small business. However, if Tyler wants to verify my information, I will gladly tell him the name and website on the condition it is not listed here. At least that way, you will know from him/her/them that I am legitimate.
You're trying to say: 'micro = macro' . If I'm OK, then you must be OK.
Not the real world, Harry. The pie is shrinking fast. That doesn't mean there aren't still some crumbs to be had
Wow...this is exciting....my first ZH post.
Harry, you're a douche! There is likely not a single thing that you have posted on ZH that is "legitimate". You probably don't even have a Harry Wanger....you more than likely have a Bald Pussy!
HarryWanker.. Will Smooth - Ask Me If I Care
Good smelling soaps & other assorted crap doing well during Christmas? Reminds me of the Simpsons episode where Homer invested in pumpkins, noteing that they peak during Halloween. Thanks for the insight *eyeroll*
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