jbde

10 Reasons to Believe That We're in a Depression

GDP should be reported ex-stimulus.
Only then do you get the real numbers.

Most of what has been spent so far has 'preserved' government jobs - mostly at the state and local levels.

Who needs 3 city planners on the dole? Government layoffs are inevitable and tax payers will not stand for tax increases - even to support schools. Teacher layoffs are occurring and class sizes are increased for those who were lucky to keep their jobs.

Got your gun yet?

Options Trader Weekend Update: Charts, Art and Market Manipulation

And how do the GS's .....

Options Trader Weekend Update: Charts, Art and Market Manipulation

And hoe do the GSD's of the world [excuse me, there is but one] make money - 'trading' banks show not be permitted to trade for their own account. In low volume markets, such a firm CAN manipulate - and IS.

The Roubini thing pissed me off they way it was reported. Roubini did not come on until Fast Money. Cramer and Kudlow taped promotions and content still touted the mis-information. So much for 6-sigma and the ISO-zero CNBC has.

But money is made when things move. The tip-off was when everyone was noticing and mentioning the S&P h&s pattern - we were warned the nacent shorts were going to get pounded.

Now watch the fall - about Wed after the rollover calls are written to the suckers on Mon and Tue. Watch oil stocks plummet - they have only recovered 50% or so.