capital pains

Why Another Stock Market Collapse Could Be Imminent

A very fine article. However, this round of stock market gyrations is not like previous historical moves. Nano-second computer trading, dark pools, loss of mark-to-market fundamentals, off balance sheet toxic garbage, toxic garbage on the books but ignored anyway, massive manipulations by the Fed, the evil-empire aka: Godman Sachs,(the most egregious example of unbridled greed and criminality in the history of the market), political conspirators running the Treasury, on and on and on. Bottom line is that while pure economics may well indicate a crash, the miscreants who run the market will keep on inventing ways to suck in more money. The pathetic taxpayer is the ultimate backstop for the
purveyors of gross malfeassance. The little guy is out of the market for good. This game of musical chairs is exclusively for the titans. You can be sure that when a serious crash occurs, Goldman Sachs will be short every trading vehicle imaginable. It will be Goldman, Obama, the big banks and hedge funds that destroys the system. Should that occur, guess who picks up the tab ?
Message from Goldman Sachs to the American taxpayer: Drop Dead !

Commercial Mortgages and Mortgage Resets to Trigger Next U.S. Downleg

Truly amazing that will all the facts known about the CRE crisis going to baloon geometrically, the ETF-"SRS" has been an abysmal performer !
Brings us back to the old adage: "The market can stay irrational longer than you can stay solvent" .

PIMCO's Bill Gross Sees a Bleak Future

Bill Gross is simply stating what seems patently obvious, except to market cheerleaders like the talking heads at the atrocious CNBC. Pimco will do just fine grabbing whatever piece of the government pie offered them. Hence, Pimco talks out of both sides of its mouth.
Whatever happens to this economy Pimco will be there to grab some commissions. So, Bill Gross is nothing more than a posturer.
As for the dollar, we just concluded some fairly successful auctions. This is the "less worse" environment. Hence, the dollar will do fine as there are no other currencies even close to the dollar's status. That is written in stone and will never change. The market will slog on because hedge funds and mutual funds must justify their miserable existence. Fundamentals have lost all meaning. Whatever the sector du jour is, try to be there and make a profit. The manipulated market is nothing more than a casino. It's gambling pure and simple. The Bill Gross's of the world may sound good, but in the long run Pimco's won't put a dime in your pocket.

The Anti-Stock Rhetoric Is Overblown

Is it a "V" ? Is it a "U" ? Is it a "W" ? How very mundane this article is.
So tired of reading and hearing the herd analysis du jour.
Pullback ? Leg up ? Leg down ? Blah, blah, blah ..What a yawn !

Unemployment Claims Point to a Better Economy

If I read or hear one more talking head state that "unemployment is a lagging indicator", I'm gonna barf ! Conditions are miserable. No matter that this writer spins the dismal picture into something promising. The economy is a train wreck. Whatever the fabricated government statistics may appear to promise, factually the economy continues to be on a respirator. Despite the absurd conclusions the writer draws from "falling" job claims, the reality bites. Get real fella !

The Worst Case Scenario (Someone Has to Say It)

Absurd waste of time ..Is the writer on suicide watch ?

Sucker's Rally Approaching an End

Let's not try to get too deep into the market's moves. The stock market turned into nothing more than a casino with the rise of the evil hedge funds. Consequently, not fighting the tape has become more appplicable than ever. Buy and hold is long dead. In and out, grab a few bucks and run, is the only way to play the market. I agree with the author; the rally was amazing and seemingly absurdly overblown.No matter actually ... As the incomparable B.Baruch once said, "You take the first 20% and the last 20%, I'll take the 60% in between" !! Hence, just go with the flow on a daily basis and try to make a buck. It's gambling, pure and simple ! Any so called market maven who advises otherwise, is living in the past.

How Will Obama's 'Trillion Dollar Deficits' Affect the Markets?

In case anyone missed it: The US dove into the economic abyss years ago.
Also, in case anyone missed it: George Bush left Texas in the same state of broke when he left the govenor's office. - 8 years ago. Our "zero talent", soon to be ex-prez will go down in the annals of history as our worst president, joining the close second worst prez - the indredibly inept - Jimmy Carter., followed by our old friend; Herbert Hoover (another genius)...
Blame game aside - The world is right along side the US. Nobody has the answers..Not even Cramer or the Fast Money losers !
Thanks to the "best and brightest" at Goldman. Lehman. Morgan, Bear
the world's investors sit with tons of valueless crap on and off their fabricated books.
The crux of the problem is housing. Until all lenders revalue their losing mortgages based on current appraisals, issue new mortgages based on realistic valuations, the economy cannot move out of stagnation.
It's simple - The banks must redo their mortgages so homeowners can stay. This should have been the requisite for the idiotic TARP money thrown at Paulson's pals. Now that the banks have scoffed up $350 billions, the remaining $350 should have oversight and actually serve to rescue the economy not the rich friends of Hank Paulson. Would this not make perfect sense ?

Time to Start Buying Blue Chip Stocks?

All this is nonsense..The old rules are dead and gone forever,,,
" Buy and Hold" is now "Bye and Fold"
Thank you hedge funds, investment banks and brokers, Hank Paulson,
Labor, Management, all greed driven miscreants.
If you must invest, or shall we say, bet a stock, as the market is nothing more than a short term gamble, with the odds stacked way against the average investor. Follow the Money, Hedge funds still rule, unwind and reposition constantly and very quickly. If a stock happens to be in a sector that the funds are buying, take your profits and leave. Good luck smiled on you ..The market is gambling and a longer and longer shot at that !