sickofthehype

As the Dollar Rises and Gold Falls, Should We Get Ready for Fed Rate Hikes?

Does anyone here REALLY believe this bluff move to prop the dollar? Like all the others it will be temporary. Does anyone here REALLY believe that the unemployment numbers were that good? Of course they weren't.

Looks at any dips in PM's to add, as the 'gold bubble' is just getting started.

Strong dollar - now that's laughable.

Strategic Default: The New Stimulus

What do you expect when our own government is the utter example of not giving a sh*t and spending into oblivion?

The people in this article are pathetic losers and I have one word for them..

Karma.

Good luck playing that one...

Commodities Today: The Correction Has Arrived

But GS told me it was headed straight to $85!

Marc Faber: 'It Will All End in Disaster'

Hey Marc, check out my user name. It applies to you as well as the other fear-mongoring know it alls who are out to make a buck.

Why I'd Avoid Toyota, The #1 Automaker in the U.S.

Governmental 'fierce competition'?
Bwa haha haha...

I'll continue to drive my 1997 Toyota Land Cruiser with 200,000 miles it any day versus my former vehicle - a Chevy Tahoe that was MADE IN MEXICO and fell apart at 40k miles!

Competition comes from a similar, RELIABLE, desirable product, not from government welfare intervention. And to top it off they throw in a guy at GM that says 'I know nothing about cars'.
Genius! Pairs well with our President who 'knows nothing about running a real business' and what it takes to kickstart the economy the RIGHT way.

Fundamentals Don't Support Oil at $55-60 a Barrel

Precisely. The market in general is not trading on 'fundamentals', but regardless it's going up too. Oil is pegged to the dollar, which is about to sink like a rock, and it's all been planned that way. The overkill in stimulus will lift oil to new heights, and nothing about it will be 'fundamental'. It's inflationary, and there is absolutely nowhere oil and commodities will go but sky high. Get ready.

Stocks: The Long View

Greenspan works for the cronies who had short positions on all of the banks, and coincidentally he came out with the nationalization talk in the same week that the call options under $10 on Wells Fargo were expiring.

Coincidentally to that, and all of the ensuing media spreading the nationalization fears, Wells and the other big banks tanked dramatically. Once again, coincidentally the stock price for WFC went below $10. Everyone covered, volume was huge that day, and by the closing bell it went from under $9 to near $11.

All purely coincidental.

Now those same cronies have long positions and will double their money in the next month. Just watch.

How this sh*t continues to happen without recourse is beyond me. The game is manipulated up, manipulated down, and everything in between. Throw in some paid-for media, some paid-for politicians, and suddenly you have a nice little scam taking place.

This BS occurs consistently, and we need to throw these jackasses in prison. The average 'investor' doesn't stand a chance.

Bad Now? It Was a Lot Worse in the Early '80s

Early 80's were after the debacle, and today is before the debacle.. Apples to oranges.

Give it a couple years - we'll have the high inflation, the high prime rate, the high(er) unemployment, yada, yada....

5-1/2 Ways to Make the Market Rally

Reason #6:

Cut mortgage rates to 2.5% for a 30-year fixed loan, and then kick back and watch the buying frenzy begin. Then when things pick up, kick it up to 3%, then to 3.5%, and so on. Lots of empty houses would fill up quick. End of story.

The Week's Top Topics: PIMCO's Gross Turns to Cash

Gross knows the stock market rally is a Fed-induced head fake, kind of like the current dollar 'rally'..

The Dollar Situation Is Getting Clearer

Do the words 'dollar' and 'strong' make you want to laugh when used together? This is a Fed manipulated head fake and will not last, end of story. Maybe through January.. then resumes the downward spiral.

It's never a straight line down.

Disclosure: Not buying the Fed BS about everything being ok, and using this opportunity to pick up additional PM's.

Market: Spooked Today, But Panic Attack Is Likely Temporary

The Fed manipulating the dollar? No, come on..

All I see on here are a bunch of bears screaming we've gone too far on no fundamentals - which I agree with to some degree, so the truth is nobody knows for sure. But one thing we can all agree on is don't fight the Fed.

Temporary dollar strengthening - can't last, won't last.

Macroeconomics tell me use the dollar 'rally' to pick up non dollar based commodities and see you in 5 years from now.

Swine Flu: Why You Can Ignore the Hype

Don't worry, Obama says it's going to be ok. And if you get sick and need a doctor, he'll bail you out and pay your medical bills. Man I love that guy.

Expect Oil to Approach $100/bbl Again By Summer

Once again the pendelum swings too far. $145/bbl last summer. $33/bbl this winter. $54/bbl now... Are we really shocked by this movement?

Kind of like housing. Overhot, now undershooting. Don't tell me $50/sq ft for a nice home isn't the bottom. You can't even build the same house for that.

Everything goes back to the normal trend line eventually...

7 Signs of an Economic Bottom

So what you're saying is you have no clue. Just like everyone else.

DJIA could go to 6,000. DJIA could go to 9,000. Yada yada.


On Feb 25 10:50 PM aarc wrote:

> This is a critical stage for Dow Jones.
>
> DJ made a 7,106 on Monday which is almost exactly 50% from the Oct
> 2008 high of 14,210. Likewise, it made a small breakdown below th
> 7,198 bottom of Oct 2002 but is trying to recover above that level
> today with a closing price of 7,271. A small run above 7449 low of
> Nov 18, 2008 and DOW can trigger a short covering rally. A small
> run down to 7,003 is still on the table that will help push SnP500
> down to Nov2008 double bottom support of 741 and the Compq to the
> usual 79% fibonacci retrace support level 1373.
>
> Technically speaking, if DJ can break above 7853, probability goes
> high that it can rally above 8330 before the next question of what
> will happen next becomes 50-50 chances probability wise. A strong
> and fast rally that breaks above 8330 will tremendously increase
> the probability of DOW reaching 8752 with additional good size probability
> of further reaching into the 9435 to 9627 areas. A major snag is
> the weekly 20ema resistance for DJ which is now at 8586. This one
> scares me the most in the short term basis.
>
> Weak and hesitant rally will only produce lower lows on the daily
> chart which can easily push Dow down 6,800 to 6,000 levels depending
> on what type of weak and hesitant rally can happen. I'll spare you
> the technicalities however. Let's just deal with the high probability
> scenario of a strong relief rally since things seems to be improving
> on the economic and political fronts.