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Stock World Weekly Newsletter

ilene's picture




 

Here is this week's Stock World Weekly Newsletter. As always, feedback appreciated. 

"As it turns out, our ‘Secret Santa’ was The Bernank – and he bought us a bag full of money!” - Phil

William Banzai7

Pic credit: William Banzai7 

 

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Sun, 02/13/2011 - 21:46 | 958596 ebworthen
ebworthen's picture

 

Did chartology predict the collapse in Fall 2008?

I like Phil but he sometimes goes political or goes on for too long (10 pages?).

You can't time this market because it is a Cotton Candy machine; you will never get a steak and potato from it rare, medium, or well or with or without sour cream and chives on the potato.

I suppose you can trade the game but at some point no matter what you do the game possesses you and participation means capitulation not freedom or choice of any kind.

The only real sane course is to not be in it at all but therein lies the conundrum; what has a service turning information technology aging population and nation to turn to but the markets and the government and the banks and the money-changers?

It's not like suburbia can move back with Mom and Pop on the farm like in the early 30's. 

We're trapped.

We are trapped in our increasingly digitized suburban prisons.

Debit cards, electronic statements, scanned meds and blood tests and DNA and tax returns.

You either go off grid or play the game.

Huge collision approaching there, no?

 

Sun, 02/13/2011 - 20:20 | 958436 Boilermaker
Boilermaker's picture

Oh, futures opened up slightly negative and were immediately ramrodded positive.

Seriously, who gives a shit anymore?

Sun, 02/13/2011 - 19:43 | 958365 snowball777
snowball777's picture

RP: “Can Monetary Policy Really Create Jobs?”

BB: "...the unemployment rate probably will remain elevated for some time.”

Sun, 02/13/2011 - 20:22 | 958440 Boilermaker
Boilermaker's picture

Is the intent of current monetary policy to actually create jobs?

(on the record) BB: "yes"

(off the record) BB: "Fuck 'em"

Sun, 02/13/2011 - 19:17 | 958330 Trimmed Hedge
Trimmed Hedge's picture

I can't seem to get enough of Banzai's fabulous artwork.

Whee...!!  : )

Sun, 02/13/2011 - 19:30 | 958345 ilene
ilene's picture

Yeah, he's amazing. 

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