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Wondering "Why You’re Still Poor As Dow Flirts With 17,000" - Marketwatch Explains
It really doesn't get any more ridiculous than Marketwatch's question du jour. As for the right answer, is it:
i) because you haven't taken out a fourth mortgage on your house and bought GoPro with the proceeds
ii) because you forgot that in a market as rigged and manipulated as this one, only BTFD and BTFATH matters
iii) because hard as you try, you still can't pay your monthly rent in "confidence" terms
iv) because after losing it all on Madoff, you are wary of Ponzi schemes
v) because your name isn't Jamie Dimon
vi) all of the above
Lest someone is confused about the context, Marketwatch also helpfully explains:
Congratulations Fed: you can add "financial journalism" to "market" and all the other items you have made a mockery of.
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"he who buys Ag at $35 an oz laughs better than he who buys at $19.58?????????
Is that what yu are trying to say?
Judging from the cowardly down arrow, that's what he was trying to say....LOL
RichardENixon
The Last Laugh
http://4.bp.blogspot.com/_3wvT74x-2Us/SCyCCkGLr6I/AAAAAAAAAc8/k6WwVP7mU7...
The truth hurts, huh cowardly down arrowers!
How pathetic that not one of you cowards dared attempting to refute the facts........
Generally speaking, I am not in favor of antipsychotic medications...However, in your case...Yeah. You SERIOUSLY need to get back on your meds ASAmotherfuckinP!
Do not go out in public in your current condition because you will surely get thrown in room with padded walls.
All joking aside, you seem to be having some serious kind of mental breakdown. Get help. FAST.
I could of sworn that this guy is channeling Flak frau the post menopausal damn it's hot in here champ
"The truth hurts, huh cowardly down arrowers"
Ouch! -lol
you took the words out of my heart. I had to up arrow you.
Because you listened to ZH and bought gold at $1800 and silver at $35...
yeah, i have lulzed for years off and on at their expense over that one. the true die hard doomers who can hold out until hell freezes over have my respect but for every one of those there are dozens who must swallow a loss to raise "worthless" clownbux long before the skating rink is installed in hades. to those i say BONDZ BITCHEZ!
Question: How many Republicans voted to fund Obama(don't)Care?
Answer: Enough to fund Obama(don't)Care.
You really ARE an asshole!
Actually,
I bought it as $600, and $9 respectively.
And at $720 and $12.
And at $1023 and $15.
And unlike you, who own something only because there's a number on a ledger that requires you to trust a whole host of people from accountants to debtors to regulators, and police - all of whom have PROVEN themselves corrupt - my purchases are mine because I physically have them.
Since Diocletian we have seen this story repeated HUNDREDS of times.
Unlike me, you declare yourself smart BECAUSE you have no knowledge of how those turned out.
Idiot Savant, indeed - without the Savant.
I'm thinking you're the kind of person who would try to auction off dry real estate on the Titanic, staying on until the end to take advantage of every last ounce of scarcity, and consoling yourself with how rich you are becoming. Yet all the while you ignore how the story necessarily, inevitably ends.
LMAO.
Zimbabwe made it to 50,000.
Go for it Willams, Evans, Dudley. Rosengren and Yellen! Keep doing the Zimbabwe twist and back-door printing, buyin US treasuries through Brussels and elsewhere like a mofo.
.
No Dividends, No Fundamentals, No Volume, and no way to short the market. Ben Franklin and some others I respect would be aghast.
Why Dow 17,000 actually matters
Because it is based on massive financial fraud.
Bubble gonna pop, bitchez. Where you gonna be?
The Bear is calling a Market top!!
but I unfortunately called it at 400, 500, 600, 700, 800, 900, 1000, 1100, 1200, 1300, 1400, 1500, 1600, 1700, 1800, and 1900
I guess that's what makes me The Bear
It ain't so until the fat lady, Janet Yellen, sings.
I have trillions of Zimbabwe dollars and 100,000 Vietnam Dongs. I'm sitting pretty.
all I have is one american dong and all it has done is get me into trouble
My dong has cost me a fortune, but it was fun.
I have a 100 trillion dollar Zimbabwe note, just waiting for the recovery so I can cash it in.
If the Fed does it, that means it's not illegal.
The baby boomers said fuck you. We are taking it all
"Stawk prices never drop," my broker told me.
Well, sometimes they do. But that just means " They're on SALE, bitchezs"
BTFD!
MarketWatch - home of that mofo, Chas Caldwell.
All you can do is dream about the weeping to come and smile. But really, did anyone actually believe that these assholes were going away without first ringing the 17,000/2,000 bells?
The Fed should just put "BTFDs" in their POMO intro. Make it simpler for the small people.
according to a recently released Barclays Capital/WSJ graph pegged to an initial investment of $10,000 as of January 1,2014. Gold leads the pack with a return of $974 to $717 for the average S&P and $270 on US government bonds.http://online.wsj.com/articles/stocks-at-midyear-better-than-many-expect...
OT Jamie Dimon has throat cancer :)
http://www.cnbc.com/id/101793181
That can be caused by chatting too much shit.
While I read the article and they talked about the people that went to cash .......and the author said the smart ones would have stayed in the market and made that 50%. But it has nothing to do with that. The SMART ones had the corner office and knew that the market would go up. But the rest of us DID NOT TRUST THEM. And that is the word. TRUST.
Those assholes that took our money and ruined the interest rate that we thought that we were going to get on retirement, are the people that need to be in jail now. Stephen Cohen, Corizine, "Ace" Greenberg, bankers and the card sharks and the list goes on. These are the sharp cats that know how to steal others money.
When they are in jail, I'll go back in the market.
It's not about trusting these guys. It's about knowing what kind of game they are playing. You can play along with them or not. People that got out of the market because of trust issues, well, they screwed themselves. I can't really blame them, but they lost out. The playing field is rigged, but it's the only game in town.
Remember the day, couldn't wait to check the market, to find out if all your homework paid off?...You know, like studying the charts, listening to and reading different analyst opinions. No need now!...
i don't know about you, i feel HANDCUFFED!!
sure hope to live long enough to see the CRIMINALS get theirs
Oh Lord won't you buy me a Mercedes Benz?
My friends all drive Porsches, I must make amends.
Under ObamaInvest everyone will be required to invest every month, how much depending on your age, and if you don't have enough income or you are an illegal alien the government will give you a big, fat subsidy. Oh BTW you never get to take the money back out again, we call it the "Hotel California" plan. But every month we'll send you a statement on how much we're holding in your name.
What's interesting about Marketwatch's page... the people that comment on the articles, in large part, know extacly what's going on and are vocal and intelligent about it.
Unlike here?
not the point i was trying to make
All empires collapse.
Eventually...
And this one will be a spectacle to behold.
And most of us will have pretty good seats.
So how old is that picture of the guys on the actual floor of an exchange?
I've never had it better. Looking around at my fellow human beings, I know I must be a genius.
Thanks for this post as I don't have to do one of these:) Press is really getting bad and that's because of money so there more bots doing news now and one thing we can count on for sure, there' not bot doing Zero Hedge, it couldn't but I bet it may have done the Market Watch report:) Ap just announced today that more their news will be written by a bot and Forbes and Pro-Publica already use one for some of their news stories. You can pick them out, the boring Stat Rat stuff. I use as a freebee the Narrative Science for my google stat reports and it's ok for that in writing me a little story but I don't put it out there as news and internally in an office having a program write you a little story with numbers from a spreadsheet is ok.
Is this a bot or not edited and formatted Market Watch story:)
So why are we still poor, it's data selling for profit. As you read the US care of service is getting lower and gee, they are just scaring you right and left and a score with either correct or flawed data denies you access to something, money, loan, medical care, although the last is not supposed to happen but it does.
All the goofy nerds out there think this is great that a hospital now will rummage through your credit card transactions and look for bad things, like buying a Hersey bar, not having a gym membership, etc. Doctors don't want to do that, but the hospital executive is sold on it and they will take data from Axciom and MasterCard and query that together. The day I made this post I had Mastercard and Axciom all over my blog, I think it upset them as I said their data is flawed which Axciom data is.
http://ducknetweb.blogspot.com/2014/06/oh-crap-now-hospitals-are-now-buy...
I am trying and working to get support to get a law passed to where consumers are not hiddenly scored so all data sellers would need to be licensed and disclose what kind of data they sell and to whom. This is why all privacy efforts have failed, there's no index on who they all are and what they sell.
Anyway if you are interested I was all over MasterCard going to sell your data twice as have you wondered why it's easier to get a credit card these days? Well, we have this side business of selling your data that makes up for bad debt on them and it's big, i.e. Walgreens makes 1-2 billion a year, just selling data. Wonder what the banks make, don't you? Here's a new book that came out from a favorite of mine, "Virtual Unreality"..got to like the title and he does a good job and has a chapter about the journobots too, like this Market Watch article that was written..had to be a bot:)
http://ducknetweb.blogspot.com/2014/06/virtual-unreality-maybe-good-read...
I recommended it for all who were upset over the Facebook study algos as they haven't seen squat compared to code hosing market algos:)
MedicalQuack Will Facebook partners will be using co-loads to get as close to the servers as possible to get first crack at hosing users 1st next?:)
Interesting. Bookmarked, will review later this morning.
Well, MW finally made it to ZH. Good for them
We're laughing at MW, not with them.
Funniest MW comment in the article.
'Begin with income. On the one hand, wages have basically kept pace with inflation in recent years.'
I never understand why so many are so bitter about the market going up. If you can't make money the past couple of years, seriously, walk away from the stock market. Just don't complain when others are making bank.
I never understand why so many are so bitter about the market going down in 2001 and 2008. If you didn't make several lifetime fortunes during those events, seriously, walk away from the markets. Just don't complain when someone makes real bank without Kevin Henry holding their hand. /s