j-dub

Ben Bernanke Pleads for His Job; My Response to Bernanke

Ode to Ben

There once was a man named Bernanke.
A Wall Street whore and government lackey.
To the Federal Reserve chair he rose.
The events surrounding the Great Depression, he knows.
Still, wrong time after time.
Someone throw him a line.
A complete failure, back to Princeton, he goes.

S&P Downgrades Bank of Ireland's Rating While Goldman Says Buy

It's only a matter of time before Goldman is upgrading themselves.

What Is Goldman Sachs' Price Action Telling Us?

And just as importantly, the insider selling is comparatively as brisk as during the first half of 2008. We all know ewhat happened then.........

finance.yahoo.com/q/it...

The Financial Crisis: Nowhere Near Over

So the bank rally built on 3 parts fantasy, 4 parts accounting fraud, 2 parts hope and 1 part greater fool theory operating like I have never seen has been a hoax?
NO WAY

Well, on the small chance it has been, I'm sure our fed, treasury and executive branch has a plan B.

On the plus side, at least GM only lost 1.2 billion dollars during the cash for clunkers quarter and "that's a good thing."

THIS IS ONE HELL OF A BEAR MARKET RALLY

At the Bull-Bear Crossroads

Please some one title that as their next article:

"Cetin was right all this time.
(and you thought it was just spam!!!!)"


On Nov 06 04:34 PM Ricard wrote:

> Cetin was right. Just keep buying. The Fed is going to inflate us
> all.

At the Bull-Bear Crossroads

I fimly believe, Mark, that the 10 handle on the unemployment # trumps the 10 handle on the DOW in any rational investor's mind.

I believe, however, the PPT is hard at work today to prevent a 3+% sell off.

Homebuyer Tax Credit: The Moneypit Is Alive and Well

"This wasteful spending is getting to the point where I almost hope the economy falls off a cliff."

My sentiments EXACTLY. I have felt this way for the past few months because of the boneheaded, short term based decisions our government is married to.
THIS IS NOT MY AMERICA

One Year Since the Banking System Collapsed. Has Anything Really Changed?

Three BIG changes

1) Wall Street is not only pretending the crisis is mostly over, but some are acting like it never even happened.

2) The PPT is organized and functioning in full effect

3) The MSM is now on board and ever so loyal to the extend and pretend processes that seem to be permanently in place.
``Cash for clunkers is a huge success``

Ray,
These 3 processes were not occurring last year.

Thank goodness, we as a nation, had the courage and tenacity to institute these much needed changes.

Earnings Are Imaginary

Yes, if one imagines fantasy as reality, then, by default, reality will be allowed to stay fantasy.

The road map to La La Land.

Where earnings are better than expected.

The Earnings Season Debacle that Wasn't

Yes, imagine that if fantasy was reality, then reality would be allowed to stay fantasy.
What about all the BAD debt on the...
Never mind.
It sure must be nice.....................

Why Today's Stock Markets Are All About Confidence and Gullibility

AJC deserves the lifetime pump award for her perpetual stupidity.
I've heard enough of what's come out of her yap not to think twice about calling her a well paid buffoon.
The circus freak of Wall Street
OR
maybe the car crash of Wall Street
You see her and you wince, but you can't turn away and the more you observe and listen, the wider your mouth opens.

(Drive by a horrific car crash at 5mph and you'll see the analogy clearer)

Who's Blowing This Bubble - And When Will It Pop?

A close friend is falling down, due to his/her own carelessness a well and you are witnessing it.
You can't save him and as they are falling you run towards the well screaming. You look down and you see nothing but blackness and then what could be interpreted as a thud, but nothing is certain. Possibly muffled sounds are heard, too
You, hoping and praying that was indeed a thud you heard start singing and dancing.
The fire department arrives and you gleefully and enthusiastically tell them what has occurred. They, being sort of pragmatic, ask what the hell you are doing.
"Everything is ok, I believe he stopped falling and I think he might still be alive" is your response to the confusion of the crowd.
The crowd, incredulous to your excitement, won't join in on your celebration until the person is known to be alive, up and out of the well and in good hands than can provide the right care.

You are Wall Street, the falling person is the economy, the crowd is retail and the "good hands" is the governemt.

So good luck with that

This is one hell of a bear market rally

Goldman's Macro-Bulls Out in Full Force

AJC deserves the lifetime pump award for her perpetual stupidity.
I've heard enough of what's come out of her yap not to think twice about calling her a well paid buffoon.
The circus freak of Wall Street
OR
maybe the car crash of Wall Street
You see her and you wince, but you can't turn away and the more you observe and listen, the wider your mouth opens.
(Drive by a horrific car crash at 5mph and you'll see the analogy clearer)

Goldman's Macro-Bulls Out in Full Force

beginning of month = rally
end of month = rally hard
end of quarter = rallying too hard for words
California BK = fiscal rejiggering
Michigan next in line = never mentioned
CRE depression = REIT's explode higher
Housing JUNE sales edge higher = housing is rebounding(again)
GS front running trades = liquidity preservation
Banks own congress and the Fed = bank rally
consumer is insolvent = consumer is saving
mass layoffs = across the board earnings' improvement
earnings are not improving = earnings are beating street's expectations
STILL no jobs created= the consumer is temporarilly retrenching
deflation = bull rally
expiration of unemployment benefits = unemployment is abating OR
contracting(either will do just fine)
Isn't our economy consumer based? = don't ask, don't tell consumer IS 70% of economy = rebound will be business based
low interest rates = good for stocks
high interest rates = great for stocks
collapsing dollar = buy stocks
rising dollar = not gonna happen
$10 frozen dinner = sure sign of recovery
CIT BK = HUUUUUUUUGE RALLY
CIT not yet BK = reason to be bullish
Bank failure Friday = stabilization
oil @ 50 = recovery is close
oil at $70 = recovery is incredibly close
oil at $90 = starting to recover
oil @ $110 = sign of increased consumer spending
oil @ $5 = boon for Joe Consumer
Gas @ $2 = tax break
gas @ $3 = mustard seeds for economic recovery
gas @ $4 = depression :)
Gas @ $1 = not in our lifetime
employment @ 10 % = better than expected
employment @ 11% = as expected
employment @ 12% = not unexpected
employment @ 13% = could have been expected
real unemployment right now @ 17% = never discussed
real unemployment @ 22% = market could correct from here
stealing from our grandchildren = stimulus
stealing from our great grandchildren = "cash for clunkers is a huge
success"
government buying people cars = economy showing signs of life
economy is already dead = S+P 1000, DOW 10k
bear market rally = NEW bull market rally
no basis for NEW bull market rally = dis-included in pumper's handbook

10% unemployment
effects of socialism
depressionary states
higher taxes = THE NEW NORMAL
oppressive government
social unrest
decending to mediocrity


AND IF ALL ELSE FAILS(which probably will):

WWIII = TANGIBLE MANUFACTURING GREEN SHOOT

Geithner's Outburst Was Misdirected; Read the Riot Act to Bankers Instead

I would never raise my voice to my bosses..................