Mr.G

The Stock Market Is Not the U.S. Economy

You are right the economy and wall street has been 2 different things for years - the 2 are like comparing apples to oranges - Prudentinvestor makes a great point and I think these two worlds are now colliding as the bubble on wall street collapses(things really werent that great for the market to have been as high as it was for so long ) -now that wall street is aware of that things arent that great I expect it will get much worse for both -
as for the world economy it doesnt seem to have a heartbeat and has literally flatlined if you look at the baltic dry index which has dropped close to 0 and now is just a steady line

A Capitalist Reformation

healthcare = extortion today. The prices will be forced down it should definitely not be a growth industry with the exception that there are more old people than young-

I always thought of the banks as the "house". I never thought they were stupid enough to actually be companies with gambling problems .The only sure thing is death and taxes and banks have definitely not been paying taxes over the last 20 years .

Automakers should have been looking into the future not into how to cut costs and quality while lining their executives pockets -

as for a reformation it will never take place as long as lobbyists and corporatists calling themselves democrats and republicans roam the halls of washington. Corporatism is what has caused all of this and it is now blatantly apparent it will continue until it breaks the bank (US govt) which is funded by its shareholders the taxpayers ..

Will We Know When We've Made a Low?

that would be a buy and hold strategy - and a very large bottle of pepto

Will We Know When We've Made a Low?

so 2 months from oct 14-

Will We Know When We've Made a Low?

does it matter if you catch the bottom looking at the charts? No . Everybody thinks this market has 1 or 2 more tanking sessions in it before we hit bottom - the govt bailouts havent been tested yet -in other words nothing has happened where anything they have done is going to work - this may sound crazy but you need a big bearish event here and the financials are left standing -that I think will instill confidence in the market -other than that a long bumpy volatile ride -
but if you look at your charts if you were to invest exactly 2 months after the initial extremly large move down - you would always catch the wave up

This Recession Will Be Anything but Deep

If you think inflation is an answer it is actually a major contributor to the original problem -The consumer is maxed out already -if you take him from deflation to inflation he will be even more broke - this is starting to look like a dog chasing his tail -
you must make the consumer whole again - do you think higher- interest rates -credit card bills -food costs -energy and gasoline bills are going to do that you are delusional

Long Term, Financials Look Good

ashiz -you are right the kid filoon is wrong-by the look of his age he lived in a fairy tale his whole life and is in denial of whats going on - dont blame him because he was born after 1987 - he doesnt know anything else

The Big Spending Fade Rolls On

oilygas miner I am fully aware of the hyperinflationary pressure to come but it wont be in copper or lumber(due to lack of economic activity and demand) -it will be in food- natural gas and heating oil-gold and possibly silver (being avg joe can afford to buy it and not gold)) because they are necessities and will be a safe haven for speculators /investors to hold money until economy spins which will also help inflate prices even more (life is a b aint it?)

copper below 240 is basically predicting almost all economic activity stops in my book

A Dark Morning

Sorry BS detector I have to go with smarty - the consumer is sick and that is the problem -and maybe all of it hasnt trickled up to those govt reports numbers -anyone who has been in the grocery store - or any store for that matter and read an official inflation report or cpi index knows its wrong even though its "official"

The Big Spending Fade Rolls On

bright side no inflation - the dark side there is no demand to keep prices up which basically means there is no economic activity in the future - there is a reason they call them futures contracts and not here and nows

Stocks Plunge, Again

today is the tenth - if the dow only losses 3% it will probably feel like a rally

Fibonacci Unhinged

sapinho-is right you have to go farther back-this is the mother of all retracements

Stocks Plunge, Again

spider etf is a govt intervention waiting to happen - if things go farther south expect the govt to buy it for pennies on the dollar

Stock Market to Bernanke: Hints Aren't Good Enough

tim dont be surprised if by friday markets arent open for trading and bank branches are temporararily closed w/ limited atm withdrawals - the last rate cut did absolutely nothing except increase the spread - this new global one will do the same - (lets see how long it takes the street to figure this out) - I expect the fed and the treasury will stop time(close themarkets) and catch up and fix some of the very screwed up fundamentals in the market - they will stack the deck so that when the market reopens it will climb instead of dive -it will then remain in a much smaller volatility range or channel for a very very long time -but stabilisation is much better than the rapid declines we have seen -

Is the End of the Crisis Near?

what you dont realize is that when inflation does turn its head on the overstretched consumer it will just be more of the same (defaults on credit but now with those who were supposedly immune to it ) a never ending cycle of pain -credit is getting a very bad rap and will radically change the way the american consumer spends for years to come - and it wont be a good one