bthomas

Wednesday Outlook: Commodities, Global Markets

Breadth and volume are key to true rallies. This is not a sustainable rally by any metric except the ruby slipper metric. No this isn't Kansas Dorothy, and we're not going home.


On May 06 07:59 AM dirty_dirty wrote:

> anyone look into how volume in this "rally" compares to past bear
> rallies? is this low volume trying to say something?

Tuesday Outlook: Commodities, Global Markets

Volume is truly key here because this action is so easily manipulated by "Da Boys." The grating thing is they're doing it with our (taxpayer) money. Does Timmy really want to release the Stress test results? Please. We shall see. It' still too early but, this may be the beginning of the new Epic Inflation Machine. The dollar index is sliding, prices are rising across the board. Commodities anyone?

Friday Outlook: Commodities, Global Markets

Demark indicators are used to anticipate trend reversals.


On Apr 24 07:33 PM cma cma wrote:

> David, you sometimes post the Demark chart, which is great, since
> no one else does, but we need the interpretation, please!

Friday Outlook: Commodities, Global Markets

Nonsense,
Turn off the PlayStation and read a book. Learn a little more about charts before commenting. I am certain it is nonsense to the ignorant. David Fry is one of the best informed, most straight talking authors on the SA sight. Get a clue!


On Apr 24 05:47 AM Nonsense wrote:

> Use your keyboard more. Communicate better what it is you are trying
> to tell us.
>
> Any stiff can copy/paste a collage of charts in a blog.

Friday Outlook: Commodities, Global Markets

Congress wastes the taxpayers' time going after government employees (technically 80% gov. stake). If senate goes along, the courts will likely declare it unconstitutional. The lawmakers need to focus on the deregulation issue that allowed this abuse. So GS was hedged against an AIG bankruptcy. Who insured it? AIG? Are we certain bankruptcy would have been worse? Glass Steagall or something better, (unlikely, I know) must be (re) instated. This keeps the giddy bankers aware they are playing with other people's money. They smeared the line like a one year old with his birthday cake. Lax regulation, when everyone was flush with cash, home values only rising, money was free, -that's what got us here as greed ruled the day. We must go From '08, '09 back to depression era regulatory policy.The deja vu all over again thing (thanks Yogi). We must blame ourselves, not the least of which: Phil, Alan, Billy, Bobby and "under the big" top Sandy. I am certain none feel personally responsible, as the "Maestro" has already stated he is not. Hold on kids inflation is coming.

Tuesday Outlook: Commodities, Global Markets

A major problem is that expediency seldom is profitable when liquidation is concerned. The easiest sold segment is rarely the most profitable. It will likely be pennies on the dollar for the taxpayer in this method. Since we're 'in to win', the long haul is going to prove better at serving the public good. The complex derivative nonsense can be unwound etc. Time will tell. BTW. Where is Paulson these days. AIG gives GS the payout and Buffet gets a guaranteed 10%. Can you say subpoena? That's right. Paulson has immunity?


On Mar 17 07:27 AM unfaire wrote:

> I opposed the TARP. I smelt something fishy from the very beginning.
> It turned out that I was right. Most of those who got the TARP money
> are double dipping, or even triple dipping. It goes this way:
> 1. I lost billions buying some crappy financial instrument like CDS
> from, say, AIG and other cohorts.
> 2. Give me billions, tax payers, so that I can stay in business.
> I am too big to fail.
> 3. So, I got billions of tax payers’ money.
> 4. AIG as well as all the cohorts also got billions of tax payers’
> money.
> 5. Since and AIG and all the cohorts are flush with tax payers’ money,
> take back from me those crappy financial instrument and pay me in
> full.
> 6. Now, AIG and all the cohorts including me got back those crappy
> financial instruments, I am in poor house again. Tax payers please
> make me full again by giving me billions.
> 7. And, the cycle goes on again.
> Under the guise of too big to fail, we tax payers are continue to
> be taken for suckers. It is still not too late to:
> 1. Stop bailing them out.
> 2. Sell off various parts of the failing financial institutions in
> piece meal under the government supervision.
> 3. Give back the tax payers first whatever that can be recovered
> from the sale.
> 4. If there is any left, let the other stakeholders have them.<br/>In
> a capitalist society, when the price is right, i.e., cheap enough
> so that some pieces of these failing institutions can be made profitable,
> there will be someone who would buy them and make money from them.
> In doing so, most of these pieces will be healthy again and making
> money by themselves without any more of tax payers’ money.
> Bernanke said very well. I believe this is what he meant: When the
> politicians do not have the will to go against the self interests
> of the financial biggies, neglecting the well being of the all the
> rest including us the tax payers and who put them in office, we will
> never solve the problem.

Friday Outlook: Commodities, Global Markets

The bankers must be reined in. We should start with rational regulation where responsible adults can trust the veracity of what comprises AAA rated securities. Those irresponsible parties must be held accountable. Conflict of interest is pervasive on all sides, from government to regulator to business . This seems to escape everyone's attention. It's all public money now folks, the public trust must be upheld. We are ten years hence from repealing Glass Steagall. Everything is in shambles now because greed overrode every other aspect of life. The Fed has too much power. congress should work to rein this in. Glass Steagall, or whatever replaces it, must be enacted to require people to do what greedy people cannot do for themselves: -the right thing. Split them up. Preserve the public trust.

Thursday Outlook: Commodities, Emerging Markets

Dave,
Thanks for the diligence despite the ssdd syndrome. You're always my first read. Perhaps less government. Perhaps agencies which do their jobs? A Department of work ethic enforcement? We can dream. Can't we? Ah! Idealism.