With The S&P Down For The Year, Here Is A Chart Of Barton Biggs 6 Bull Market Calls In 2011

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Wed, 08/03/2011 - 16:54 | 1521973 Cognitive Dissonance
Cognitive Dissonance's picture

Relief rally? Yes. Significant? Possibly.

Bull market? No.

Wed, 08/03/2011 - 16:57 | 1521982 fuu
fuu's picture

<-- Dead cat bouncing

<-- Economic utopia beginning

Wed, 08/03/2011 - 17:01 | 1521996 sqz
sqz's picture

That hammer is definitely tempting, but without fundamentals behind it, or even a QE3 announcement for a shits-n-giggles relief rally, it will just be a dead cat bounce.

Wed, 08/03/2011 - 20:53 | 1522498 vast-dom
vast-dom's picture

i'm not even sure the carrion that was once the dead cat has much bounce left. more at dust billowing to reveal the maggots.

Wed, 08/03/2011 - 21:11 | 1522526 eureka
eureka's picture

A Barton Biggs Benjamin Bernanke Babbling Bubblehead Blessed Blowjob Cunning Cardhouse Donky Kong Imperial Diarrhea Relief Rally - U.S. stocks may rise 10% while USD falls 10% - so which do you take to the store in exchange for the tripple-ply you will need more badly than ever?

Wed, 08/03/2011 - 17:40 | 1522104 Sudden Debt
Sudden Debt's picture

 

 

POPQUIZZZ BITCHEZ!!

THE ECONOMY BUS IS DRIVING AT 90 MILES AN HOUR TOWARDS A CLIFF

ALL YOU'VE GOT IS 2.4 TRILLION IN DOLLAR BILLS!

NOW WHAT DO YOU DO!!! WHAT DO YOU DO!!!

 

TIK TAK!!...

TIK!

TAK!...

Wed, 08/03/2011 - 17:46 | 1522131 Rodent Freikorps
Rodent Freikorps's picture

Bribe the driver to hit the brakes?

Wed, 08/03/2011 - 17:50 | 1522134 Sudden Debt
Sudden Debt's picture

Nop, bus drivers only accept exact change. You've only got dollar bills.

And second, you're not allowed to speak to the busdriver or step behind the white line.

 

Wed, 08/03/2011 - 18:06 | 1522167 Rodent Freikorps
Rodent Freikorps's picture

So, I can't just bash in the driver's skull, throw the corpse out the door and take command myself?

Man, you are tough.

So much for plan B.

Wed, 08/03/2011 - 17:54 | 1522144 prophet
prophet's picture

Shred it!  That way it won't achieve terminal velocity.

Wed, 08/03/2011 - 20:05 | 1522417 Taint Boil
Taint Boil's picture

 

 

Use the money to wipe your butt? Because you will be crapping your pants?

Oh ...by the way - its TICK TOCK not TIK TAK oh never mind you're belgium or something like that, you're excused.

 

Wed, 08/03/2011 - 21:30 | 1522599 fuu
fuu's picture

How high is the cliff?

Wed, 08/03/2011 - 19:49 | 1522374 DeadFred
DeadFred's picture

My rough calculation shows the 38% Fib retracement of the S&P puts it back at the 200 dma. I don't see the market breaking that unless they can convince everyone to keep volume at vapor level.

Sat, 08/06/2011 - 06:38 | 1529967 prophet
prophet's picture

lock and reload

Wed, 08/03/2011 - 20:04 | 1522408 RollinRavenPurple
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Cog,

 

What's your take if the NFP number sucks tomorrow?  Does the trap door open and we fall in (sub S&P 1250)?

 

There are so many mixed signals - a head and shoulders on the S&P and what if we post a negative jobs report like I am forecasting we will.  Is it the bear I have been looking for?

 

I've gotten creamed this year on options - picking the wrong way 3 times. 

 

This time I think I will be right.  -10K NFP - unemployment 9.4%. 150K birth/dead adjustment.

You heard it here first. Flush on bitchez.

Wed, 08/03/2011 - 22:59 | 1522781 Freddie
Freddie's picture

Barton Biggs must be hittin the crack.  Rally.  What a joke.  Debt to GNP just went over 100%.

Wed, 08/03/2011 - 23:30 | 1522848 mason5566
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Thu, 08/04/2011 - 06:04 | 1523110 Cult of Criminality
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I get it .

Your long motorcycle fairings

Wed, 08/03/2011 - 16:58 | 1521978 Earl of Chiswick
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That's quite a chart.

It would be great to see an annotated chart of David Rosenberg's equity market calls for the past couple of years.

Wed, 08/03/2011 - 17:06 | 1522023 Tyler Durden
Tyler Durden's picture

Absolutely, if it is also annotated with his bond and gold calls...

Wed, 08/03/2011 - 17:17 | 1522050 random shots
random shots's picture

....and the peformance of his equities, bond, and gold calls.

Wed, 08/03/2011 - 17:54 | 1522140 Gubbmint Cheese
Gubbmint Cheese's picture

double post..

Wed, 08/03/2011 - 17:53 | 1522141 Gubbmint Cheese
Gubbmint Cheese's picture

and instead of having the chart start March 9th, 2009.. maybe push it out to say April 2007?

Gold, utilities and Long bonds are up a ton over the last few years, and the 3 year avg returns beat the crap out of the market.. 

So please - to all those who conveniently reference a March 2009 start date.. you are kindly invited to eat a giant bag of dicks.

 

Wed, 08/03/2011 - 23:31 | 1522851 naked put
naked put's picture

Did that mother fucker have a stroke or what? Why the fuck can't he talk right?

Yeah...we'll be at a higher high by the end of the year but that ain't got jack shit to do with his guessing.

That's nothing but Delta Points which he can't possibly understand.  

Wed, 08/03/2011 - 17:14 | 1522042 Zero Govt
Zero Govt's picture

i was going to post the predictions of fellow deflationist Rob Prechters delusional inept frauds at Elliott Wave International but a photo of turds being flushed down the toilet i thought might bring the place down a bit today ...still if you're in Gold and Silver (which retard Prechter sold in 2001 - Doh! - at the start of the decade long rally coz he's got no fuking clue about precious metals prices) there's something to cheer about today

Wed, 08/03/2011 - 17:35 | 1522098 rocker
rocker's picture

Prechter has called for super crash three years in a row.  He has struck out. His call: Dow 1,000 or less. LOL 

Wed, 08/03/2011 - 20:15 | 1522437 WonderDawg
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Actually, he called the rally at the end of February 2009 when everyone else was shitting their panties. He also called the 2007 top, 3 months early, true, but he was still ahead of all the linear forecasters.

He also called the end of this rally way too early, but nevertheless, he was one of the few that called the 2009 bottom. His timing has sucked on calling the bear rally top, but he's been predicting the crash that we're all looking for now since 1999. His forecast is playing out, over time, but yeah, if you listened to him at the end of 2009 you missed out on a lot of this rally. Big picture, though, he's more right than a lot of folks are giving him credit for. He was talking about Europe long before it was making headlines, along with a lot of other events that have come to pass. I like the Socionomic theory, just don't use it alone for trading.

Wed, 08/03/2011 - 23:01 | 1522742 Zero Govt
Zero Govt's picture

Wonderdawg

Prechter has been wrong from 2009 and all the way into 2011 ..i was there, i got the 'Prechter is a Moron' t-shirt... it's no good cherry picking saying "Prechte was right here" ...it's the 14 months out of 15 that he gets it WRONG that makes his Elliott Wave technique a complete shambles and a danger to every unknowing or easily mis-led and conned investor... you cannot follow Prechters diabolical inaccuracy at predicting without losing vast sums of money.. his predictions month after month are shit. Period.

You drop back to the trenches by saying he's "right on the big picture" well no he's not even half right there either. He's been calling for a delfationary meltdown and we've got a very mixed bag out there. His simplistic deflationary 'black and white' Bear market has not happened for the last 4 years he's been singing like a loony for it. They may be right one day (ie. all-out deflation) but it doesn't make up for their cronic lack of reality describing the mixed full colour state we are in. Prechter is deflation-biased in the extreme to the point of delusion.

That delusion at his ability permeates his ebtire sham of an organisation. They constantly quip at other market participants being so worng all the time, quoting other people and then saying how much better they know the market. But hard stone cold truth is EW are the worst market predictors, possibly ever.

Prechter and his EW crew of cretins have been hammered by EVERY market analsys for 18 months on the trot. Wiped the floor and noses rubbed in it. The 2009-2011 whitewash fully invalidates his techniques (they make a 50/50 coin toss look like a financial genius). it is a measure of how far Prechters head is rammed up his pompous arse that he continues to peddle this failed fraud of a technique as being accurate

Prechter and Elliott Wave are a completely busted flush, 2009-2011 RIP

Wed, 08/03/2011 - 23:04 | 1522790 rocker
rocker's picture

Why would anyone buy his Socionomic Theory. You don't need to read his crap to figure out politicians are pissing off everybody.

His crap and advise almost buried me. Watch CNBC and do just the opposite and you would be better off.

Better yet. Read Zero Hedge and get better insite of mood and markets. Pay for Prechter's Ponzi Scam. Never Again.

Wed, 08/03/2011 - 23:40 | 1522887 naked put
naked put's picture

You can walk on water if you pay Wilder for the never published turning points which that cock sucker did.

Wed, 08/03/2011 - 16:57 | 1521979 Dr. Engali
Dr. Engali's picture

3% real GDP growth. Man these people crack me up. Later on after we collapse further he will say....."nobody could have seen this coming"

Wed, 08/03/2011 - 17:21 | 1522057 brew
brew's picture

or the overused word "unexpectadly" with every miss...

Wed, 08/03/2011 - 17:25 | 1522070 Rodent Freikorps
Rodent Freikorps's picture

Pension funds are planning on 8%.

What could go wrong?

Wed, 08/03/2011 - 16:58 | 1521985 razorthin
razorthin's picture

Wicked reversing candle a la PPT suggests a tradable rally.  Investable? No.

Wed, 08/03/2011 - 17:11 | 1521987 hedgeless_horseman
hedgeless_horseman's picture

Looks to me like Mr. Biggs is living large at a high-end assisted living facility.   Do you think it is a single occupancy room, or double occupancy where Medicare pays most of the rent?  If so, he better pray means testing doesn't make it through DC. 

Did he really ask Maria to climb up the ladder and update the chalk on Bell Atlantic (BEL)?

Wed, 08/03/2011 - 17:26 | 1522075 Rodent Freikorps
Rodent Freikorps's picture

Was she wearing a short skirt?

Wed, 08/03/2011 - 17:01 | 1521994 Bay of Pigs
Bay of Pigs's picture

Barton doin some fartin...

Better get the Extra Large Depends out for him.

Wed, 08/03/2011 - 17:21 | 1522058 Pool Shark
Pool Shark's picture

BoP: You reminded me of this one:

 

Q: What does Barton's apartment smell like?

A: Depends...

Wed, 08/03/2011 - 17:31 | 1522083 Rodent Freikorps
Rodent Freikorps's picture

That hits too close to home. When the dementia gets worse, your parental unit will punch you in the face, and tear your medicine cabinet off the wall to fight you tryin to get them in the shower to wash off the shit they've spread from the backs of their knees to their armpits.

Make sure one of you buys long term nursing insurance.

Wed, 08/03/2011 - 17:43 | 1522119 slaughterer
slaughterer's picture

The Mexican nurse I go for my dying mother left a pig carcass in the pantry after she died.  Guero Bartie, you need some south-of-the-border care?

Wed, 08/03/2011 - 17:01 | 1521998 Gold Man-Sacks
Gold Man-Sacks's picture

CNBC's video player sucks.  It only plays like half the time.  Why can't they just use YouTube? 

Wed, 08/03/2011 - 17:01 | 1521999 Sudden Debt
Sudden Debt's picture

If the markets are down more than 30%, I will concider looking to some stocks to buy.

Untill than, P/E's can't attrackt me at all to do so.

 

Wed, 08/03/2011 - 17:02 | 1522007 Flore
Flore's picture

lunatics still running the asylum

Wed, 08/03/2011 - 17:03 | 1522009 Zero Govt
Zero Govt's picture

And the value of a faked Benny stock market as an indicator for the ecoomy is Mr Biggs ????

Benny is pumping the stock market as a means of "raising confidence" in the broader economy is he? Now you've let the cat out of the bag how are businessmen feeling about a faked, steroid abused centrally planned economic indicator! Are they likely to be happier or more concerned?

You just can't get the quality of moronic crones these days!

Wed, 08/03/2011 - 17:04 | 1522011 buzzsaw99
buzzsaw99's picture

His timing is suspect. The revisiting of 2011 highs will coincide (probably to the day) with whenever the wall street bonus cutoff date is.

Wed, 08/03/2011 - 17:03 | 1522012 LoneStarHog
LoneStarHog's picture

This CLOWN continually gets airtime, but Bill Murphy (GATA) who has gotten it RIGHT (gold/silver) for a DECADE is BANNED from CNBS.

Wed, 08/03/2011 - 17:33 | 1522095 Rodent Freikorps
Rodent Freikorps's picture

And what does that tell you?

Wed, 08/03/2011 - 17:05 | 1522019 Doubleguns
Doubleguns's picture

Short covering rally today and PPT vapors have screwed many on hump day. Could biggs be suffering dementia at the assisted living facitlity.

Wed, 08/03/2011 - 17:08 | 1522026 MrBoompi
MrBoompi's picture

When you hear people who wear Depends say "The fundamentals of the economy are strong" sell every fucking thing you can sell immediately and buy gold and silver.

 

 

Wed, 08/03/2011 - 18:08 | 1522172 vamoose1
vamoose1's picture

and  he can  quit  that fucking tactical stuttering  which  has ripped  my ass for  30  years,  if  you cant talk  sit  down  and  shut your cakehole

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