Marc Faber's 10% Prediction? Gimme a Break [View article]
Did you not get enough attention as a child? You seem to constantly argue with people who have made good calls - Schiff, Faber, etc. And like a previous poster said, if it's not news worthy, then why are you writing about?
Sentiment Overview: A Little More Bullish [View article]
I tend to agree. Even though the trading range of 9800-7500 seems to be wedging into a range of 8900-8100 which would tend to signal a gap up or down (more likely up considering the recent bounces of extremely negative news), a rally up to 10,000 would be a 33% rally and probably sold into.
Abundant Opportunities in Bear Markets [View article]
Great summary of the past several weeks but careful with some of the comments towards the end.... "We work tirelessly to make something new in the world, share it with humanity and enjoy the fruits of our labors. This is not a result of economic theory; it is simply who we are." Not when our biggest airline can't produce because the of a strike. Not when neither presidential candidate really understands the economy and especially not when the perceived next president wants to increase taxes on a portion of the population that already pays over 50% of the nations taxes (despite how the dems manipulate words, the top 1% of the nations taxpayers pay 29% of the nations taxes; the top 5% pay over 50% www.allegromedia.com/s.../) When you research the Great Depression, it was poorly guided government policies of monetary contraction (which thankfully Bernanke is avoiding, but may lead to massive inflation down the road) and taxation that PROLONGED the depression. The next administration is going to have a host of crisis to deal with and frankly I don't think either has a grasp on what to do.
Is the VIX Signaling an Inflection Point in the Markets? [View article]
People have been calling the vix as an inflection point for a month now. If you think we have uncovered all of the crap in the economy, you need to get a new job. We haven't even gotten into the crash of commercial real estate yet and the actual severity of a recession dominated by de-leveraging and deflation.
Why Are Investors Returning to the Dollar? [View article]
There is so much more to the picture than what you have stated - for example, in order to offset the purchase of so many treasuries, the fed is pumping more and more money into the system. Furthermore, the dollar began its sharp rise in the summer, after oil began to fall from 147, so its not entirely a "I am more comfortable in the dollar issue". You can't simplify something as comples as the dollar's rise while we are spending more into "Americans feel more comfortable at home".
The Bears Capitulate [View article]
Marc Faber's 10% Prediction? Gimme a Break [View article]
Sentiment Overview: A Little More Bullish [View article]
Looking for a New Bottom Fishing 'Story' [View article]
Sentiment Overview: Are We Finally Getting Bearish? [View article]
Abundant Opportunities in Bear Markets [View article]
"Bush W. inherited a fair economy which he put down the tubes."
Bush had to deal with 9-11 and the NASDAQ crash.
I'm not pro-Bush by any means, but increasing taxation during a recession is moronic. And I posted a website for you to check who gets taxed what.
As for the Depression, if you go back and look at the FDR administration, they increased taxes and prolonged the recession...read about it.
Abundant Opportunities in Bear Markets [View article]
"We work tirelessly to make something new in the world, share it with humanity and enjoy the fruits of our labors. This is not a result of economic theory; it is simply who we are."
Not when our biggest airline can't produce because the of a strike. Not when neither presidential candidate really understands the economy and especially not when the perceived next president wants to increase taxes on a portion of the population that already pays over 50% of the nations taxes (despite how the dems manipulate words, the top 1% of the nations taxpayers pay 29% of the nations taxes; the top 5% pay over 50% www.allegromedia.com/s.../) When you research the Great Depression, it was poorly guided government policies of monetary contraction (which thankfully Bernanke is avoiding, but may lead to massive inflation down the road) and taxation that PROLONGED the depression.
The next administration is going to have a host of crisis to deal with and frankly I don't think either has a grasp on what to do.
How Central Banks Destabilized the World's Economies [View article]
Another Bloodbath? [View article]
Is the VIX Signaling an Inflection Point in the Markets? [View article]
Why Are Investors Returning to the Dollar? [View article]