raising4daughters

Five Reasons the Market Could Crash This Fall

For all of you that are CERTAIN and KNOW that a 50% retracement is coming, I wonder if you've shorted SPY.

I get the sense that you're nothing but bizarro-world equivalents of the CNBC cheerleaders. One side is pump, pump, pump while the other is dump, dump, dump.

I lightened the US equity portion of my portfolio this week, but am still 40% US equities. When we go back down to S&P 700-800, I'll sell some treasuries and corporates to buy more US equities.

It's really not that hard.

Goldman's Success: Put Down Those Pitchforks

Fifth. The unlawful Federal Reserve is the fourth.


On Jul 19 10:24 AM HERO1957 wrote:

> Goldman Sachs is the fourth branch of government.

Added Debt Won't Rescue the Great American Ponzi Scheme

Eventually? If the gub'mint ran a $100B surplus every year (over and above interest payments) for 100 years, it could pay down a national debt of $10T. Surplus of $100B? Not likely any time soon. 100 years? Our unborn great-grandchildren will still be paying.


On Mar 23 06:47 AM etbob wrote:

> The economy will eventually recover. Growth will be slower than in
> the past, as debt needs to be paid down, by both gov't and individuals.
> This should lead to a sustained, gradual, recovery.

Jim Rogers on the Economy - Bearish on Stocks and Government

Rogers is right. We need to flush all the failed institutions (banks, gub'mint agencies, and quasi-gub'mint agencies like public schools). Their employees too. Instead of propping up the free market and free, private sector people, they are strangling us.

I NEVER thought I'd say this, but it's becoming easier and easier to see why a group of desparate Europeans elected guys like Hitler and Mussolini. I've seen the alternative (Democratic-Republican... and all they've done is devalue my savings and fixed assets while killing the ability to make products in this country. Does anyone really think Obama, Geithner, & Co. are going to be any better than Bush, Rove, Paulsen & Co. The names are different, but the results will be the same.

Rubin Deserts a Sinking Citi

Rubin is scum. They should push him out the corner office onto the ground below.

Bad Mortgages Are Only the Beginning

To, Superannuated SkiBum, lowering the interest rate on credit cards won't solve the problem; that will make matters worse.

Credit cards are for REVOLVING CREDIT.....short term loans that are paid off completely in or less than 30-days. Anyone that maintains a balance on a credit card can't afford what they bought and should not have made the purchase(s) in the first place.

This crisis will be solved when Americans restrain their purchasing habits to those of their grandparents.

It Could Happen - Cramer's Mad Money (9/26/08)

Of course Cramer and the CNBC talking heads and info-babes are talking up the bailout. If the market crashes and the GP starts hating stocks (which happens for decades at a time), CNBC will go off the air and those folks will be slinging chalupas at Taco Bell.

To Avoid Failure, Get Really Big; Everybody Else, Watch Out

I wish Paulson and Bernanke and Bush and the other criminals would at least attempt to explain why it's bad for weak and poor performing banks to go out of business. They allow it in every other industry and explain that it's important to rid industry of weak companies. I guess capitalism applies everywhere but in banking. Good riddance.

Wall Street, R.I.P. Now What?

Crocodile tears. These guys have been making gobs of money for many years, skimming off the top of the wealth generated by REAL wealth-creating industries like mining, manufacturing, fishing, and the like.

In a weird sort of way, to me, this looks like the first step toward re-establishing sanity in this country. Maybe with the vampires on Wall Street gone, large manufacturers and conglomerates can actually make decent returns and reinvigorate the real wealth creating sector of our economy.