Market Destruction: Mass Media Finally Catching On? [View article]
And McCain-Palin would have been any Better? What do you think they would have done? Puppets are pulled by strings! Ask who is pulling the strings to get answers.
On Nov 13 12:03 PM doubleguns wrote:
> Excellent article. In a nut shell it's all corrupt in Washington. > Our elected leaders continue to allow this while distracting us with > Obamacare, Knee cap and triage, war bickering and the list goes on. > > > Obviously the press (sheeple with press badges) continue to worship > BO (with very few exceptions) and will continue to fail to report > anything too critical until things have gotten to a point of no return. > They at least TRIED to keep Bush in line, well.... at least made > a good showing. Not now!!! > > Don't believe that this administration has a monopoly on the corruption > either. If it comes from Washington its corrupt.
Great job, comments are on the top but 2 days or 2 weeks early. My 10300/1100 target is in so next week S&P could hit 1060. Forecasting is never easy-just a guide for walking in the forest of trees.
Thanks John. 2010 will be another big year for more of the same...Foreclosures, REO's , short sales and BPO's. That's good for my businesses, but bad news for Americans. No one seems to know the market or its price and when the bottom hits. 2015 is my target; 2 years of current inventory, more coming(banks have been holding back), owners and economy struggling, government intervention and a 17% real unemployment take time to turn around.
Are we, the taxpayers.... buying the garbage loans on the books; where are those bank loses? That too is coming. Plus, the credits to 1st time homeowners who have no idea of the ownership responsibilities, makes me believe that 15% of those will be delinquent. Half of that will be future foreclosures and short sales.
Ah, the Kids are in school now, so most of the buying is in for 2009...and a long winter is around the corner. Hey, we are getting older too; so some of us (myself included )wonder, are the 2nd homes (3rds etc) worth the holding costs? And you thought that having your mortgage paid off was a good idea! Good luck getting the equity line or a cash out refi. Expect more of the same for years to come.
Insiders Confirm: Rally Is Fake, Economy Is 'Getting Worse' [View article]
As a business owner, I must agree that business is still falling. Credit is still tight and banks refuse to lend to the worthy; yet they lend to 1st time home buyers that put down less than 10%. Geezz!
Hello-next wave of no equity homeowners are just a year away from foreclosure.
Legone's right too. Retail is dying. Govt is lying and economy is not creating jobs!
I Spent the weekend golfing w/ a hedge fund manager of $4B. and he said they are slowly selling out of their positions for capital preservation purposes. It tells me to conserve and preserve for now; and that most of the mkts appreciation is baked in. S&P1100 and 10500 Dow is tops for me! Will it make it there?
Chart the dow or the s&p back to 1935. OK-then draw a line from 1935 to present day -one for the lows and one of the highs. Over time this gives one the range-bollinger bands were created just like this! Historically stocks should or will usually trade in the ranges. Of course if you look to the stars one will say we are 3-5 yrs from historical world changes. all I can say is dig a cave and hide in it!
Stock Markets Nearing Important Bottom [View article]
Good work-but K, this will be a short rally. Gale is close to right on. Banks won't even lend to other banks. In fact they say not to buy (our stock)for at least 18 months-they are not buying back their own shares yet! Why?
Was That a Bottom? Should We Even Care? [View article]
Many good things have been stated here. Facts vs figures-please.
Fact-pigs get fat and hogs get slaughtered. Fact-stocks in general have gone no where since 1999 bubble bursting. The market treand is your friend, which is now sideways to down. Least we not forget going back to the start of the longest bull run which ran from 1982 to 1999.
Gee I guess I am right again -economic cycles average 17 years. Thanks again RR. IE-I'll keep trading sideways in this bear cycle -both up and down until 2015, when the pattern will return to up agian.
Technology advancements will create a new boom cycle then(2015)-what is it?-robotics will be near perfect and affordable. Man gets displaced slowly.
The only constant in life is CHANGE. Learn to adapt to survive.
Dow's Next Move: A Technical and Fundamental Look [View article]
Trader 717, I like your stuff. But me thinks this chart should go back to 1998 when you see we are still in a bubble/bear-who cares about new highs when the cycle runs 17 yrs on average.
The balls bounce, so play the bounce. Buy and hold only works going up. Trading works going both ways.
Market Destruction: Mass Media Finally Catching On? [View article]
What do you think they would have done?
Puppets are pulled by strings!
Ask who is pulling the strings to get answers.
On Nov 13 12:03 PM doubleguns wrote:
> Excellent article. In a nut shell it's all corrupt in Washington.
> Our elected leaders continue to allow this while distracting us with
> Obamacare, Knee cap and triage, war bickering and the list goes on.
>
>
> Obviously the press (sheeple with press badges) continue to worship
> BO (with very few exceptions) and will continue to fail to report
> anything too critical until things have gotten to a point of no return.
> They at least TRIED to keep Bush in line, well.... at least made
> a good showing. Not now!!!
>
> Don't believe that this administration has a monopoly on the corruption
> either. If it comes from Washington its corrupt.
Are Stocks Making a Major Top? [View article]
My 10300/1100 target is in so next week S&P could hit 1060.
Forecasting is never easy-just a guide for walking in the forest of trees.
Housing Is Moving Towards Disaster [View article]
2010 will be another big year for more of the same...Foreclosures, REO's , short sales and BPO's. That's good for my businesses, but bad news for Americans. No one seems to know the market or its price and when the bottom hits. 2015 is my target; 2 years of current inventory, more coming(banks have been holding back), owners and economy struggling, government intervention and a 17% real unemployment take time to turn around.
Are we, the taxpayers.... buying the garbage loans on the books; where are those bank loses? That too is coming. Plus, the credits to 1st time homeowners who have no idea of the ownership responsibilities, makes me believe that 15% of those will be delinquent. Half of that will be future foreclosures and short sales.
Ah, the Kids are in school now, so most of the buying is in for 2009...and a long winter is around the corner. Hey, we are getting older too; so some of us (myself included )wonder, are the 2nd homes (3rds etc) worth the holding costs? And you thought that having your mortgage paid off was a good idea! Good luck getting the equity line or a cash out refi. Expect more of the same for years to come.
Insiders Confirm: Rally Is Fake, Economy Is 'Getting Worse' [View article]
Hello-next wave of no equity homeowners are just a year away from foreclosure.
Legone's right too. Retail is dying.
Govt is lying and economy is not creating jobs!
I Spent the weekend golfing w/ a hedge fund manager of $4B. and he said they are slowly selling out of their positions for capital preservation purposes. It tells me to conserve and preserve for now; and that most of the mkts appreciation is baked in. S&P1100 and 10500 Dow is tops for me! Will it make it there?
Where Is This Market Going? [View article]
10) a never ending war against......
Why the Dow Is Headed to 6000 [View article]
OK-then draw a line from 1935 to present day -one for the lows and one of the highs.
Over time this gives one the range-bollinger bands were created just like this!
Historically stocks should or will usually trade in the ranges.
Of course if you look to the stars one will say we are 3-5 yrs from historical world changes. all I can say is dig a cave and hide in it!
On Jun 29 07:07 AM BlueOkie wrote:
> Where did you come up with 6,000?
Stock Markets Nearing Important Bottom [View article]
Was That a Bottom? Should We Even Care? [View article]
Facts vs figures-please.
Fact-pigs get fat and hogs get slaughtered.
Fact-stocks in general have gone no where since 1999 bubble bursting. The market treand is your friend, which is now sideways to down.
Least we not forget going back to the start of the longest bull run which ran from 1982 to 1999.
Gee I guess I am right again -economic cycles average 17 years. Thanks again RR.
IE-I'll keep trading sideways in this bear cycle -both up and down until 2015, when the pattern will return to up agian.
Technology advancements will create a new boom cycle then(2015)-what is it?-robotics will be near perfect and affordable. Man gets displaced slowly.
The only constant in life is CHANGE.
Learn to adapt to survive.
Dow's Next Move: A Technical and Fundamental Look [View article]
I like your stuff.
But me thinks this chart should go back to 1998 when you see we are still in a bubble/bear-who cares about new highs when the cycle runs 17 yrs on average.
The balls bounce, so play the bounce. Buy and hold only works going up. Trading works going both ways.
Play the averages-base hits baby!