Did U Think The Ponzi Scheme Would Last?

The 15 Most Cash Rich Companies

Go look at TM's debt and tell me it is a healthy company in a deflationary crash. TM will trade like GM soon. They did not earn their manufacturing capacity, they borrowed it from the bank. Debt will get harder and harder to come by as auto sales settle in at a fraction of what they did over the decade 1995-2005. Toyota is one of the best shorts out there because people don't understand how much crushing debt they have - over 120 billion worth - as we enter the jaws of the greatest economic bust in the history of man.

Only companies with low debt and high cash and which downsize aggressively early on are going to be well positioned for this crash.

The Bull Run Begins This Week

Who cares if sheeple buy stocks because their savior is taking the helm? Just another opportunity to fleece them and they have already been fleeced 2x in 2008. Now hear this: sheeple eventually do learn. You really can't fool all the people all the time. This economic Ponzi scheme is over.

Time to Sell Apple

The only thing you did wrong was to hold it this long. AAPL stock chart is a mania chart. Manias do not correct sideways. AAPL was $7 in 2003 and it will again fall to $7 within 36 months.

Yes, it's that bad.

An Optimist Looks at the Market

Sir, your post shows that you are a financial child and you will lose all of your money. You simply fail to recognize that the market is a credit based Ponzi scheme that is now unwinding. There is as much chance of the melt down stopping here as there was of the twin towers halting their collapse once it got started.

Good luck with your long positions, but when you hit rock bottom don't bother asking for help later on because when everyone is in the same situation there will be not enough help to go around.

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.

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.