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Am I being told to dump my SDS??
As Euro markets bleed out, USA markets will rise. Maybe 10% to 15% more.
Euro markets were up today. The DAX is now 20% off its October lows. That doesn't seem like bleeding out to me.
That's because the DAX is denominated in PAPER. PAPER is NOT BACKED by ANYTHING. Better get your phyiscal SILVER soon cos that price is gonna EXPLODE! QE to INFINITY!!!
look for a Dow/Gold ratio of 1 in the coming collapse that will mark the turnaround
So, are we to believe that this is like 2008?? No, I don't think so.
Are we getting another announcement that THE SKY IS FALLING? If all the announcements of impending doom were close to being true, the damn sky would have crashed and burned years ago - 2008 to be exact.
Do Citi and Goldman Sachs all of a sudden become the beacons of truth after having been such utter thieves and liars? No, i hardly think so. Their assertions are open to serious question based on nothing more than their all to often impeached source.
While we are the last to put much weight in the predictive power of technical analysis, lately it has become all too clear that the only thing more worthless than technicals is fundamentals.
Hold it right there, partner!
What about Turd Ferguson? His ability to make 24 hour predictions is, quite frankly, a true blessing in our endless fight against Blythe and the "Cartel." While I don't actually "play with paper" (I'm a stacker!), I have many friends who have used Turd's technical analysis and have become extremely wealthy.
I think we all can agree that Tyler needs to be a little more careful in his generalizations.
Ron Paul 2012 END THE FED!
smarter than the average bear
The stock market is going to do whatever it wants, regardless of what is going on in the economy.
I see dead people
Yeah, me too. The corpses are wearing Manolo Blahnik shoes and Saville Row suits, the pockets of which are stuffed w/uncashed bonus checks drawn on bankrupt banks....
These prices are CHEAP. Wait till Bernanke turns on the printing presses - ALL real assets are going to EXPLODE. I predict S&P at 10,000, gold at 100,000 when Bernanke anounces QE3,QE4,.........,QE infinity!!!!!!!! HYPERINFLATION BITCHES!!!
No the market will rocket up on QE and Gold money will move to equities. Great time to buy PM's but expect a dip short term if QE. Logic would make sense that gold goes up but no, nothing is logical anymore.
Check out: Fibonacci Numbers - The Fingerprint of God & God Within
See how money, created out of thin air has exploded the worlds financial sector and, it can disappear as if it never existed:
Evaporation of Wealth on a Vast Scale: How $Millions - Trillions Can Disappear
Check out the fascinating interview on the evolution of corruption with Ms. Fitts. And, If you're interested in the depth of the Rabbit Hole and the psychopaths within, see the "Dillon Reed and Company: And the Aristocracy of Stock Profits" link at the bottom of: The Looting of America: Happy Labor Day
Thanks for those links P-Man. C. Fitts should be our next Secretary of the Treasury, she is amazing.
Great links. Thanks.
I can identify with that.
Good stuff.. cover graphic a little risque, though.
You should apply to the Federal Reserve. They are looking for smart kids like you.
Well how do you figure that, NewThor?
Shhhh, don't ask that question...Thor has spoken.
I ain't the Expert at micro, macro and granular economic happenings in all places.
That's why I come to ZeroHedge. To learn from the best of the best.
O just figured that the Euro Zone looks set to tank first,
and Nostradamus says the same shit. Europe gets smashed, then America.
So with all this liquidity sloshing around, I thought that when Greece tanks,
shit loads of money will be yanked out of there and most of it will end up around the USA.
And that'll last for 3-5 days, then CRASH BITCHEZ! Right?
and seriously, CPL
Me go work for The Serpent?
You should brush up on your Norse Religion.
I die destroying the Beast, not working for it.
Yes that makes sense, stocks should rally as the dollar gets stronger...
As Euro markets bleed out, USA markets will rise. Maybe 10% to 15% more.
Right, because every dollar (euro) taken out of one market frictionlessly shows up in its competitor. You might want to check your logic there, friend. Start w/the concept of discontinuity. Then try studying up on "herding" and "panic." And maybe if that doesnt upset your priors, consider "illiquidity."
What happened to Old Thor? He was more exciting, or at least not trite.
Sometimes this market seems like such a scam.
Will Greece default already.
Anyone have any clue which direction the market is going to go tomorrow?
Will Friday's employment report make any difference.
Perhaps we need to develop a new word for this thing. "Market" doesn't seem appropriate. Calling this a market is like saying wrestling isn't fixed or calling a bowler an athlete. I know people like to use the word "casino" but this doesn't seem right either. if a casino operator ever tried this shit they would be getting the type of treatment DeNiro gave to the guys that were counting cards in Casino.
I keep thinking of the way dolphins herd anchovies. The little fish swim left, then dart right, but eventually get rolled into a nice, neat ball - the more efficiently to be eaten by the big fish. Most trading days I feel like the anchovy.
I prefer the Orca's method of smacking the fish ball senseless with it's massive tail and scooping up the stunned sushi.
How 'bout "fixed barbaric crapshoot"?
"Anyone have any clue which direction the market is going to go tomorrow?"
Yes, tomorrow will start down, with a recovery into close with slight loss.
Friday, start up with better tha expected BLS report, with sell off late in the day as people realize 9.1% for the last year is not really much progress after spending a few trillion in QE.
Monday, down triple digits after a few EU bank downgrades and more EFSF squabble.
Note, I'm correct at least 50% of the time.
60% of the time, it works every time......
Agree with you Flakmeister! I don't like it when the big boys are on the same side of the trade.
I'll hold my SDS for now, but I do have an itchy trigger finger...
It is somewhat hedged by selling OTM calls against it... (The calls take care of the NAV decay)
this market is a fuggin rollercoaster
99.99% of all roller coaster rides come to a pleasurable end. This one will not.
Roller coaster with a Happy Ending!
Me ruv you rong time. Weeeeeeeee.
yes rollercosters are especially good if you have a thai prostitute jerking you off while you're riding
100% of roller coaster rides end at the bottom.
Just like so many wonderful nights that end in the gutter or with your face in a toilet. The Piper doesn't do volunteer work.
Hopium hangover is a real bitch!
Final destination wise :)
This roller coaster has been stuck upside down, emergency crews are on their way
"this market is a fuggin rollercoaster"
It's suppose to be. When they get done with you you'll be begging them to allow you to move what money you have left into their "distressed" real estate. (Which is actually overpriced and always will be).
Get it? The banks always win.
This market has failed to anticipate major events and major economic development. Its prediction power is seriously weak. I give it a C- . Probably due to the large population of lemmings out there.
or may be there is just toooo much money in the system
Or maybe this thing is as unnatural as a woman's feet that have been bound for fifteen years. This thing has been stunted to the point where it is no longer recognizable. A free market is when you give a girl 2 silver eagles for a blow job. That is capitalism. This is something out of a Vincent Price movie.
2 Silver Eagles ! Holy cripes ! Up here in the hills that'd get you two weeks of sleep overs and some cabin cleaning during the day. You must be from the big city.
Say "hey" to everybody in West Virginia. I've never been with a woman that had 13 toes.
Me either, you don't think I'd sleep with my cousin do ya?
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