Obamanomics is a joke. He is relying on his charisma to fuel the spending recovery in the US. Obamanomics is responsible for propping up the stockmarket, so sentiment will get better and thus consumer confidence will rise so that ppl will spend more. His propanganda machine is working overtime...save 600k jobs? how did he work that out?
If a Rally Runs on Volume, This One Is Running Out of Steam [View article]
This market has gone up on hot air and manipulation from Obamonomics. He is trying to instill a feel good factor to get everyone to spend again so that the economy can recover. Now the TARP banks have raised enough money to pay off the TARP..no more need to support the market
stocks have been artificially pumped higher by PPT so that feel good factor can come in so ppl will spend. so far the only ppl that have bought the rally are mutual funds sitting on high cash levels. this is just a longer version of that happened in the first few weeks of January when the dow went to 9000 and was +10% ytd. we all know what happened after...
The Republicans never asked for Chrysler debt holders to "sacrifice" themselves....did they?
On May 17 09:33 AM russ wrote:
> The author calls his column a 'rant' which is of course a more accurate > description that 'well reasoned essay'. As for the comments by Lex > as on Obama being a 'communist', where were you when the conservative > Republicans were allowing the market and the economy to collapse? > Sorry Lex, but you proved yourself to be an ideological 'squirrel,' > more at home with your nuts.
Agreed. Obama is a communist. He's only in power because he was at the right time at the right place. The stock market crash crystallized his path to power. He's engineered fake 2 month rally is coming to an end........lets rise against the communists..aka Obama and team.
Why the Dow Is Headed to 6000 [View article]
The Stock Market's Illusion [View article]
If a Rally Runs on Volume, This One Is Running Out of Steam [View article]
Fear vs. Cheer in the Markets [View article]
Get Ready for Inflation and Soaring Interest Rates [View article]
When Will the Market Turn Negative Again? [View article]
Sham Bank Bailouts Are Enriching Speculators [View article]
There Won't Be a Recovery [View article]
On May 17 09:33 AM russ wrote:
> The author calls his column a 'rant' which is of course a more accurate
> description that 'well reasoned essay'. As for the comments by Lex
> as on Obama being a 'communist', where were you when the conservative
> Republicans were allowing the market and the economy to collapse?
> Sorry Lex, but you proved yourself to be an ideological 'squirrel,'
> more at home with your nuts.
There Won't Be a Recovery [View article]
April's Was Largest Single Month Increase in World Stock Market Value in History [View article]
I'm Skeptical About This Rally [View article]
1) Citi profit
2) Govt toxic asset plan
From previous bear rallies...mkt could go up to 60%...from the lows....
God help you if you are short
Today's Market: Irrationality at Its Best [View article]
Is the End of the Crisis Near? [View article]
I am still bearish on the US economy, but I believe we will get a fierce rally between now and March with the Dow rising 20% or more.
They guy is right, short of another major catastrophe, we HAVE bottomed. Listen to me and you will make money in the short term.
The reward/risk doesnt favour being short at the moment.
It's a Bull Market in Government Intervention [View article]
letting wall st fat cats at goldman sachs and morgan lose their jobs and bonuses...
It's a Bull Market in Government Intervention [View article]
US taxes will double, Dollar falls, the consumer will die, economy will be in depression.