Faith, hope, and central bank charity... that's all there is left in the new normal.
Source: Gallup and Bloomberg
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Oh, why not?
Russel 2000 is heavy on financials, consumer cyclicals, and joke tech.
Maybe that's why not?
The Russel 2000 is giving me a bad name.
Shoot the moon!
Watch out for that Iceberg.
If you don't see the iceberg, you are the iceberg.
"Watch out for that revolving door."
People know the economy is in the shitter, and the Stock Markets have nothing to do with the economy.
Which people? When I mention this stuff to those in my neighborhood, they look at me like I'm back on the sauce and mumbling jibberish...
More and more are waking up but we still have a huge task in front of us in waking up the sheeple.
I'm the only one out of 50 people at my work that is not in the Market. I'm continuously teased as a tin foil hat idiot. I'm also the only one in the last 6 years who is not in a new car. My old Prius with the saggy bumper sure looks pathetic next to all the BMWs and the Mercedes. When the last person querried me on why I dont replace my junker, I told him I don't invest in depreciating assets. "Depreciating assets! Ha Ha. This coming from someone who buys gold. Oh that's rich." I felt like jumping him and punching his face Christmas Story style. Clowns to the left of me, Jokers to the right.
Miffed you are doing it all wrong. Tell your co-workers you fund an IRA instead of your 401(k). Then go look up and see what crazy biotech stocks are up a million percent and tell your co-workers you have been buying them. Do this for a while. Then explain to them that you are making tons of money in the market, and the kicker is when it all falls apart you will own gold, then call them stupid fucking sheep.
Fonz, that was deliciously evil. This is why I hang out here. Where else can you find such juicy ideas to pull you out of the doldrums? You may not beat the sheeple but taunting them has it's amusements.
Thanks Miffed, I enjoyed that, especially the Christmas Story style punching.
My Japanese sedan is ten years old and going strong, done depreciating.
When the markets tank -60% again you can just smile.
I think we may have the right idea. I came out of yoga class a couple of months ago to have a girl crying hysterically. Her brand new black Escalade parked next to my car was broken into. Glass everywhere, all over my car ( untouched). I was going to meet Mr after my class at the shooting range. I had $1200 worth of pistols and ammo in my trunk. That asshole could have made off with quite a haul if he had picked the right car ( and I learned a valuable lesson without paying the hard way). When the SHTF, we are going to be ignored. Too many juicy targets driving around much more attractive than us!
Watching neighbors get rich at the end of a bubble while you sit it out patiently is pure torture
It don't matter anymore, you can't save everyone from themselves. At some point you got to just say fuck it and sit back and wait for the carnage to begin.
Watch the world burn while sipping whisky and smoking a cigar.....
This revolution won't be televised.
HA HA time for FAZ!
WOW! Nice charts!
Looking forward to that line going up at a 89% angle
iPhone 6 will turn this sh*t on it's ear.
are you sure the chart didn't come from the onion?
Well the markets have been doing the contrary of reality since March 2009... so yeah.
Calling all HFTs. Calling all HFTs.
Can't these guys see where the money to be made is????
Write a program to push bid the Russell 2K and the Economic Index. INvest and push prices 110,000 times a sec on FAZ, pair.
I don't know what TPTB have planned for the final act of this play, but it is going to be magnificent.
Well...you can get a glimpse...as the US after hour session ended...RUT futures fell off the table.
As I have posted elsewhere, it was so obviously a suckers bid these last two days on the Russell...goosing that index over and over to simply put the "risk on" bid elsewhere. Just look at the one minute chart of the IWM for today's session. Even a greenhorn could see it.
As always, Mr. Bernanke, I do hope you enjoy your legacy as the man who perverted and broke the markets....possibly for the last time. And for the rest of us...of course...this economic wasteland you have made for us.
Confidence must be bad. The less there is the better for the Russell?...yes?...
Just climbing a wall of worry. Like Humpty Dumpty?
Calling all the king's horses...and all the king's men...might want to check Globex. The jig is up with the "risk on" Russell bid.
Oh...and I know no one does this anymore...but you might want to look at the fundamentals behind the Russell just now...the bubble of intrinsic "value." Hello Dot com...did think I'd see you around here again.
What on TV tonight?
when it's that obvious, it's obviously wrong! (i.e. short squeeze)
Don't worry, be happy. We will all get a nice cot in a FEMA camp. I hope my room has a view.
I cannot wait to see 5 years of "worry" wiped out in a month, or a week.
I haven't talked to you in a awhile and thought I'd reach out to you to see how everything is going for you and the family? I hope well. As we've discussed, we have many more years to go of this nonsense.
You take care, AR
Thanks for the shout out AR.
Mrs Cog and I are well and engaged in an endless debate about the timing of this mess. She feels sooner rather than later, I just the opposite. But she wins all the arguments anyway because it always ends with........better prep even more (moar?) now just in case she's right.
<Exactly how many rolls of Charmin are enough anyway?> :)
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