I went through this same phase while shorting in 2000 and 2008. It's the denial phase. Sure sign of the top nearing is a day like today. Terrible economic news, but there are excuses. This time it's the weather. In 2007-8 it was a slight blip in housing, in 2000 it was that eventually earning would catch up with clicks. This is different in this sense - once we fall a certain amount the Fed will come full throttle. But not before we are down 15-20%. That will be an amazing buying opportunity because we will go up 30-50%. Then the real party starts
Then it goes negative of course, the NSA hears you say a discouraging word on your phone (or post online!) and they come and getcha while all the rest praise Big Brother Barack and Big Sister Yellen in front of your Skype cameras, what else did you think they were there for?
We are in mid Weimar. Prices on goods are going up daily. My favorite sub shop has been raising prices every week for the past two months. I go in and the price of a medium sub will be up $.30. It was $6.29 at the beginning of the year, it's now $7.80. Inflation is running at 3% a week, not 3% a year.
The per ounce frozen yogurt places keep raising prices as well. Was $.36 per ounce and now it is $.49. They kept raising it in three cent increments. I laughed when I saw $6.85 for a Big Mac meal up from $5.85 last month.
Prices at the grocery store keep going up. Gas keeps going up. My salary has stayed the same, which means each day I am getting poorer as more and more of my money goes to essentials.
adr, agree with you. But nothing is going to happen until people hit the streets and make the necessary changes. Not demand but make. Demands go unheeded with politicians. In one ear, out the other.
that could help me, a lowly tv watcher, to es-plain how someone like Ricki and Lucy and me understand the difference between Pimco Total Return and the S/P 500 ? It looks like, to us, maybe, we are at an unsustainable babbaloo level. Fred says no. Ethel, meh.
Could it possibly be that the methodology here is questionable?
If the REAL BEARS have left - or are leaving - the market as investors, preferring to bury gold in their yards, buy property, or stash their cash in something like Norwegian Krone, aren't the remaining 'investors' proportionately MORE optimistic?
Seems like there are fewer and fewer and fewer 'investors' LEFT in the market these days with most of the activity being HFT machines in the employ of Wall Street forms trading for house accounts, hedge funds, banks playing with TARP funds and POMO market support. How many individual 'investors' are left in the market?
Interesting article. But let me suggest, a theoretical fallacy. You say the market can't go up anymore because all the money is already in the market and there is not additional money to go in. But what about the new $85 billion the Fed prints every month that has no where to go except the market?
One man's mead is another man's poison.
I went through this same phase while shorting in 2000 and 2008. It's the denial phase. Sure sign of the top nearing is a day like today. Terrible economic news, but there are excuses. This time it's the weather. In 2007-8 it was a slight blip in housing, in 2000 it was that eventually earning would catch up with clicks. This is different in this sense - once we fall a certain amount the Fed will come full throttle. But not before we are down 15-20%. That will be an amazing buying opportunity because we will go up 30-50%. Then the real party starts
You're a Dollar Short..
What Happens When This Chart Hits Zero?Then all people are mentally retarded, maybe the monkeys take over.
Ceasar for Pres.....
A monkey already has....
-Cleetus
Then it goes negative of course, the NSA hears you say a discouraging word on your phone (or post online!) and they come and getcha while all the rest praise Big Brother Barack and Big Sister Yellen in front of your Skype cameras, what else did you think they were there for?
Hi
We are in mid Weimar. Prices on goods are going up daily. My favorite sub shop has been raising prices every week for the past two months. I go in and the price of a medium sub will be up $.30. It was $6.29 at the beginning of the year, it's now $7.80. Inflation is running at 3% a week, not 3% a year.
The per ounce frozen yogurt places keep raising prices as well. Was $.36 per ounce and now it is $.49. They kept raising it in three cent increments. I laughed when I saw $6.85 for a Big Mac meal up from $5.85 last month.
Prices at the grocery store keep going up. Gas keeps going up. My salary has stayed the same, which means each day I am getting poorer as more and more of my money goes to essentials.
This can't go on much longer.
The per ounce frozen yogurt places keep raising prices as well. Was $.36 per ounce and now it is $.49.
Global warming, dude. Better stop exhaling all that evil CO2.
adr, agree with you. But nothing is going to happen until people hit the streets and make the necessary changes. Not demand but make. Demands go unheeded with politicians. In one ear, out the other.
I'll be fully invested by then.
If there are no more bears and shorts, then the market can only start getting more shorters which will plunge the stock market at some point.
IS THERE A BONUS CHART!
that could help me, a lowly tv watcher, to es-plain how someone like Ricki and Lucy and me understand the difference between Pimco Total Return and the S/P 500 ? It looks like, to us, maybe, we are at an unsustainable babbaloo level. Fred says no. Ethel, meh.
zh=please advise.
when chart hits 0 it means everyone values claims on companies (stocks) more than claims on taxpayers (USD)
when that happens - USD crashes
Could it possibly be that the methodology here is questionable?
If the REAL BEARS have left - or are leaving - the market as investors, preferring to bury gold in their yards, buy property, or stash their cash in something like Norwegian Krone, aren't the remaining 'investors' proportionately MORE optimistic?
Seems like there are fewer and fewer and fewer 'investors' LEFT in the market these days with most of the activity being HFT machines in the employ of Wall Street forms trading for house accounts, hedge funds, banks playing with TARP funds and POMO market support. How many individual 'investors' are left in the market?
Interesting article. But let me suggest, a theoretical fallacy. You say the market can't go up anymore because all the money is already in the market and there is not additional money to go in. But what about the new $85 billion the Fed prints every month that has no where to go except the market?
I wish it would hurry up and hit zero. Now weather has joined the seat next to GWB in the blame house for everything wrong with the economy. LMAO
-Cleetus
The game of musical chairs has fewer and fewer chairs. That guarantees disaster.
Thank god Soros has a never ending put. How can he lose?
Yes but Tyler - that II % Bearish chart above is surveying people...what does the machine survey say ?
My favorite: Civil war.
Are you ready for the paradigm shift?