Did U Think The Ponzi Scheme Would Last?

The ABCs of the Fannie Mae / Freddie Mac Problems

Fannie and Freddie are the lapdogs of the illuminati who actually want the US middle class wiped out. We currently have too much control over our own lives and ony the distruction of our wealth and the subsequent police state needed to keep the peace will change that. America has been sheeplized over the past 3 decades while the money supply has been debased at a frightening rate due to lack of limits on leverage in our ficticious fractional reserve system. The housing market was simply a convenient asset class to soak up all the excess credit creation that has occurred while banker elitists collected record payouts.

This is not about making mistakes people. Do you think that we common people are the only one who could predict the outcome? They knew it was coming and they kept hard at it until the end. The fix was put in. The order was given. Wipe out the US middel class to make way for the NAU.

Five Tactics to Beat a Bear Market

Folks, forget any long position in the market until we get a capitulative collapse of the Dow. Sorry, Dow 11k is still a bubble. This was the greatest bubble of all time and it will be the greatest bust of all time. Buy puts. Go for the way out of the money leaps. That farmer dude who first commented is selling them. OK OK I know that was no farmer but was just a manipulation intended to draw "the stupid people" into selling puts for fun and profits. All the intentional spelling errors, etc. are a dead giveaway. Mr. Market, we see you. We know your face. You can't fool us anymore. You add no value to society. The decades of FIRE are over. Good Riddence.

The U.S. Dollar: A Six Month Outlook

There is a simple 2 part answer to keeping your wealth.
1) If the dollar is to survive, interest rates must rise. If this happens then stocks, which are in bubble land due to low rates, will crash like 1980s or maybe even 1929-1932. So, buy long term deep out of the money puts to cover you there.

2) If Ben B decided to keep his word that he will not follow in the footsteps of the 1929 fed then you need to get out of the USD. In fact, there is no such safe currency if the USD loses its spot as the worlds reserve currency because Euros will have to be printed like crazy to take up the slack in the market place. The safe hedge there is gold.

So, buy gold and hedge this with long put leaps. IMO you will end up making money on both sides of this trade because the US debt is so high that the USD probably can't be saved.

What Was Left Out of the Jobs Report

I am also shocked and apalled at the negativity I see being distributed on this thread. I guess there are not as many head in the sand sheeple as I thought there were. Congradulations on waking up and smelling the Ponzi scheme. I think we all know what is coming next, and it will not be pretty. Start buying puts on everything. Long term, deep out of the money puts. Just throw darts because puts already discount the volatility of every issue and a falling tide will sink all boats. No stock escaped the great depression and no stock will escape the $hitstorm of the great depression 2.0.

Commercial RE Slowdown Hits Vegas [Housing Tracker]

Nice link to the Las Vegas CRE blog. Thanks!

Global Inflation Rates

Oh I feel so much better that we are better than a bunch of 3rd world countries. Our ridiculous inflation rate seems right at home with our new, pretty, bananna republic colored money. Why not just get Parket Brothers to replace the federal reserve and the treasury? Parker's monopoly money is just the right size for a smaller wallet.

Apple and the Major Indexes: A Technical View

Anyone that goes long on anything for any length of time until after the great crash occurs is playing with fire. We had the great moderation all right, but it was only moderated because all of the new money created from thin air and pushed into the market was sponged up by the housing bubble. Well, that game is over. It's not on hold, its over, over over. Well, all except the cry that it. After housing and the markets finish cratering because of the "financial innovation" (AKA slick Ponzi scheme) which is credited for the this great moderation of ours it will be years, perhaps a decade or more until home prices limp up to their 2005 peaks. Every time I see someone predict a recovery in 2nd H 08 or early 09 I cringe because I know that person will be a pauper in 2010.

You don't get something for nothing. We got a lot of something over the last decade and now it's time to pay the piper and there is nothing Uncle Ben can do to stop it unwinding.

Don’t Worry About a Return to ‘70s Stagflation

This time it's really different just like the great moderation is a product of financial "innovation" (cough, cough).

There will be twists and turns, but it's really no different than any other boom bust cycle. Unfortunately, some of those twists could be really bad for the USA including removing the USD as the world's reserve currency and petrodollar, hyperinflation due to foreign gov'ts dumping dollar denominated assets to avoid losing their wealth through our inflation, etc. A big difference this time is that we have standing armies in place to physically threaten anyone who resists our monetary shenanigans. Wow, it feels just great to be an American these days. And hey, those higher taxes on the horizon sure bode well for those entering retirement, huh?

Selling Wave About to Overwhelm Interventionists

Dow 10000 is the big bottom here? Don't be so sure. 10000 is a nice round number, but 8k is the real support level.

Just remember that greenspan (traitorous bastard) said "most wrenching" since end of ww2. And Soros said worst market in his lifetime and he's in his late 70s. There are several swords of Damacles hanging over our heads right now. What happens when foreigners stop buying our debt or the dollar is removed as the world's reserve currency/petrodollar, or the derivitives bubble unwinds? Ponzi schmes always unwind rapidly (stair steps up, elevator down).

Whitman's Q2 Letter and Disclosure Requirements

You forgot one thing - most of the evidence shows that ABK and MBIA are leading the charge in bringing their own businesses down by the use of disgusting amounts of leverage. Their greedy actions are affecting the whole market. They are the bathwater, not the baby.

AIG's Long Awaited Shake-Up Arrives

All your fundamental analysis is flawed because it uses past numbers that were achieved through the use of risky leverage which will not be possible going forward. Take away the leveraged business revenues and profits and what do you really have? The low price to sales number is like that because big investors understand that a major dynamics shift has occurred.

Now, look at the chart. You can see how AIG suddenly went into overdrive some years back due to leverage. That makes it a mania chart. Manias always end up lower than where they started. Watch in shock and awe as AIG continues to tank down into the low 20s and then into the teens.

Without the leverage it's simply not the same company.

RBS Predicts Global Market Crash: What's In It for Them?

Grace,
First off, you are one beautiful young lady. A cross between Angelina Jolie and Lucy Liu. I hope you are not offended by that as it was meant to be a compliment.

But don't let that beauty blind you to the fact that this is the biggest bubble in history by far and the crash could thus be the greatest in history. Do not believe that we are any smarter or better protected against systemic financial collapse today than we were back in 1929.

If we don't crash this year it will be next year before the mortgage debt relief act of 2007 expires. Those who need to jingle mail will be rushing to get it done before Dec 31st 2009.

Investing in China's Falling Stock Market

FXI is a mania chart. Think south sea trading company and tulip mania. Manias always end lower than where they started which is about 50 for FXI. Things will get much much worse before they get better but after FXI retraces all the way back to 50 then it will be time to buy it again and abandon most USA stocks until the US decides to start actually manufacturing again in a cost competitive way.

Apple at $135: Low Hanging Fruit

The AAPL chart is a bubble chart like the tulip mania chart of the 1600s and the south sea trading company chart of the 1700s. Today we call these "momuntum stocks" but what we really mean is "mania stocks". They sell boutique cell phones and computers (which are both considered commodity devices) and we are entering a recession or worse. Gee, what to do. Hmmmm.

Financials: This Is What the Start of a Bottom Looks Like

You are catching a falling knife. The leveraged credit bubble is a problem beyond anything we have ever seen. The greedy abuses can not be waved away with a panic purchase of CFC (which was only done to avoid writing down the original 2bn loan) and some foreign gov'ts that are holding WAY too much of that depreciating asset known as the USD.

This isn't a buying opportunity at the end of a big bear market. At Dow 12600, we are still in the nosebleed levels for the index. There has been no big capitulation and investors are merely annoyed that the Dow is off its 14k highs. The talking heads are just STARTING to mention "recession". This isn't over until things get really bad and really ugly and everyone is clutching their gut in pain. The ECB dumped 1/2 trillion in liquidity into their system and it didn't make a dent in the freefall. This time I think we need to brace for impact.