proseadvocate

Is it Time to Back Up the Truck?

I'm unsure of this back-up the truck metaphor? The author suggests it's time to bet the farm but, he admits only a technical short term signal. The average Joe would be confused. Likewise, the money is already on our boy with three Arabic names. They know that he could never beat the powers that be, that is why they got out the Reps to vote for him in the Dem Caucus in Iowa. John Edwards is the only one who could have done it. Nothing is left now but the crying. They even panned Hillary so no Rep women could vote for a woman. There is no way in this racist and reactionary country that a dark man with an Arab name is going to sit in the White house. The Supreme Court will surely find a way like they did in 2000. Look out for race riots in November. Stocks are the last place to park until the dust has settled.

Global Investing: Only 'Dead' for the Dumb Money

I agree with your article whole heartedly. Forbes is nothing more than a commercial rag and cheerleader for the few American companies that still buy advertising. As for me, I bought gold stocks in 03 and sold in 07. Bought China and Pacific Tigers in O5 and sold in early 07. I'm happy with 100% returns and look to get back into Pacific slowly after the world readjusts to our profligate overspending and absurd cocky belief that our empire is anything more than a modern day paper tiger.

The Fed is Deflating: 10 Reasons Why

I find it rather naive to believe that we can ever again see genuine price deflation without a gold standard and a guarantee conversion price for every dollar printed or loaned. It is true that no other country (maybe Swiss?) have a monetary system even close to that but then we must rely on supply and demand. Why would anybody want to hold dollars except to buy our stuff. Nobody wants it except our grain, a commodity that hardly equates to added value profits. We have turned into a third world supplier of commodities which are not dear like gold or oil. The pendulum between greed and fear has taken us to a point in time where a $3 Trillion cost of a foreign war of aggression (which was supposed to give us cheap oil) has demonstrated the hight of hubris and lies that have become the hallmark of America thoughout the world.

Will Credit Market Flight to Safety Boost Stock Prices?

Another permabull trying to rationalize the ridiculous. The flight to safety is the market momentum that trumps figures. As they used to tell me in business: figures don't lie but liars figure. The indicators important today is what is the reliable stream of income? Investors today have figured out that the professionals can't even manage the wire house's money, much less theirs. Ergo, dividends on stock are not guaranteed nor reliable. Like our Government.

Tuesday Outlook: Market Manipulation?

I have been preaching about manipulation for years, glad I'm not alone.
I think this guy is on to something and I like all of his graphs.