Seeking Alpha
  • GolliathNationalBank
    FOR TOMORROW EXPECT A CHOPPY MARKET WITH UPSIDE EXPLOSION OUT OF 1260 RESISTANCE SEV 1275 1285 1310 1340!
    12/11/11
    Reply (26)
    • Eric Stalee: Reality: Expect a smooth ride down to the 1200s-1210s support level. And then a rally the rest of the week slowly increasing in strength.
      12/11/11
    • GolliathNationalBank: UNLIKELY! MARKET IS DESIGNED SEV ONLY GO ONE WAY--UP MY FRIEND!
      12/11/11
    • Eric Stalee: Any economy is designed to fail. It has birth and death. Unlimited life-spans don't exist here I'm sorry to say.
      12/11/11
    • GolliathNationalBank: THAT IS NONSENSE FROM THE AUSTRIAN SCHOOL OF ECONOMICS WE ALL KNOW KEYNESIAN IS ALWAYS RIGHT! ECONOMIES CAN BOOM FOREVER WITH INFINITE QE!
      12/11/11
    • Eric Stalee: Stock market value and liquidity can boom forever (until the country itself gets toast), but the economy absolutely can not go anywhere.
      12/11/11
    • GolliathNationalBank: THE DISTINCTION BETWEEN THE ECONOMY AND STOCK MARKET VALUE IS IRRELEVANT FOR TRADING PURPOSES! THEY ARE NOT SYNONYMOUS!WE CARE ABOUT PROFIT!
      12/11/11
    • Eric Stalee: Technically your profit would be approximately 0% with infinite QE. While stocks would go up, your dollar's value would drop.
      12/11/11
    • Eric Stalee: They would cancel each other out. And you would be right back where you started.
      12/11/11
    • GolliathNationalBank: EXCEPT STOCKS REPRESENT TRUE WEALTH AND SOME STOCKS WILL ALWAYS OUTPERFORM INFLATION!
      12/11/11
    • Eric Stalee: Good luck getting anyone to accept your $ for payment when it becomes defunct. People will just stop using it once its value dries up.
      12/11/11
    • GolliathNationalBank: I CAN ALWAYS BARTER MY SHARES!
      12/11/11
    • Eric Stalee: Because people are obviously going to want a stock when they're concerned with getting bread and milk.
      12/11/11
    • GolliathNationalBank: IF THE STOCK IS WORTH MANY MANY LOAVES OF BREAD AND MILK THEY WILL TAKE IT! YOU THINK THEY WILL WANT A SHINY METAL?YOU CAN'T EAT GOLD BUDDY!
      12/11/11
    • GolliathNationalBank: ANOTHER WAY AROUND THAT IS SEV BUY FOREIGN STOCKS PRICED IN FOREIGN CURRENCIES!
      12/11/11
    • Eric Stalee: Oh yes, foreign stocks would work quite well, I won't dispute you on that. But stocks will never be worth anything if the currency is fucked
      12/12/11
    • Eric Stalee: Best investment would be farm land that produces food. Gold will be worth a lot when the panic begins, but then people will realize
      12/12/11
    • sean.parmelee: This thread is terrifically amusing. Golliath, I hope you know that by responding to his arguments you're really failing as a troll.
      12/12/11
    • Eric Stalee: it is also worth nothing. So its a good idea to get it now and sell it again for something else(farmland?) at the peak of the panic.
      12/12/11
    • Eric Stalee: If it really gets that bad. Or just sell the gold for a foreign currency.
      12/12/11
    • GolliathNationalBank: CAPITAL CONTROLS WILL PREVENT EXCHANGE OF GOLD FOR FOREIGN CURRENCIES! LAWS WILL ALSO PROHIBIT TRADE WITH FOREIGN CURRENCIES!
      12/12/11
    • realornot: Only if you are a day dreamer will think mkt explodes to 1340! Mkt is just a make believe.This thread is not meant for beginners.
      12/12/11
    • Eric Stalee: And just who's going to enforce those laws? The military? Over my dead body.
      12/12/11
    • realornot: This is like a housing bubble talk.It only goes up w continue population growth. Its unfortunate a good chunk of population is without a job
      12/12/11
    • GolliathNationalBank: OVER YOUR DEAD BODY? YOU DON'T THINK THERE WILL BE RIOTS AND CHAOS? YOU ARE RIGHT ABOUT GOLD BEING OVERVALUED AT SOME POINT AND TRADE IT
      12/12/11
    • GolliathNationalBank: FOR ANOTHER HARD ASSET LIKE FARMLAND OR REAL ESTATE. MARKETS SINCE 2009 HAS BEEN COMING UP EVEN WITH CRAPPY UNEMPLOYMENT HOW IS IT DIF NOW?
      12/12/11
    • GolliathNationalBank: ANY STOCKS THAT YOU HAVE PRICED IN USD CAN BE REPRICED IN NEW CURRENCY UNIT AFTER PRICE CONTROLS RESTABILIZE CURRENCY MARKETS! E.G.WEIMAR
      12/12/11
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