Schweizer

Sure It’s Legal … But Is It Right?

Wall Street still has the goverment by the balls. Pay me what I want or I push the systemic collapse button.

It's Good to Be Goldman Sachs

Here's a vid on this GS scam:
www.youtube.com/watch?...

The SEC needs to unplug all the frontrunning machines "in the loop" at GS and at other firms NOW, plus we need perp walks or else the bankster mob will continue to be in charge of Wall Street. They have not learned one thing in 2 years, and are getting even more corrupt with there methods. Pirates.

This has to be cleaned up immediately. We need firm, strong, enforcement action.

Weekly Preview: Last Week's Rally Should Be Viewed with as Much Suspicion as Relief

Good article. All that really happened last week was a panic short covering rally by those who went short at the H/S neckline break which reversed on the pop based on GS and INTC earnings releases. Once above the neckline many traders keep reshorting, only to have to cover a second or third time. It was like throwing a constant supply of twigs on the fire. I suspect that is overwith now with Friday's doji.

There are some major Moving averages as resistance on the weekly and monthly charts at the current prices so I'd like to think these will hold. The DOW also is at a downtrend resistance line.

One pro called last week a classic boiling at the top of a range, just before a major spillover. Seems to fit as I did not see any bulls piling in - just Bears as buyers, covering.

Friday Outlook: Rage Against the Machine

The OPEX machine was selling huge institutional stock positions to the poor July call writers at top prices this week just before the megaplunge triggers. Sneaky but true.

The SPX is at a GAAP PE of 59 according to the Standard and Poors. All 5 bear market bottoms this century have been made at a PE of under 10. The megaplunge is about to trigger to get to that PE of under 10. Just look at the weekly $VIX and its MACD:
i29.tinypic.com/2zitqf...

Meredith Whitney's Goldman Sachs Call: A Little Late?

MW is a bear and got a better price to short the market with this bull trap move Monday. Well played Meredith.

GS is also setting up to be the next Enron, and will be dissolved before this is all over with. Banksters of the worst kind. Just watch.

Why This Rally Is Unsustainable

The Treasury should not be allowed to buy/trade equities.
The FED should not be allowed to buy/trade equities.
And banks (GS in particular) should be limited in their ability to buy/trade equities.

These 3 are too large to allow a fair value to be set.

Or are they already trading illegally but there is no one with balls to stop it?

Investment Outlook: Lessons from Jim Abbott and the Wall of Worry

Are you kidding me. The media spins everything positively (CNBS and Bloomers). Things are not getting actually better. At most they are getting worse more slowly. There's a huge difference.

They use the word stabilizing as if it implies things have stopped falling. If you jump out of a plane, you accelerate until your velocity stabilizes at 120mph. Acceleration is zero. Going down at a constant speed is still falling and nothing to rally over.

Hedging Goldman's Earnings Report

Losses exceed revenue for the quarter? Wow.

Irate Icahn - Fast Money Recap (9/19/08)

Using more debt to cover other debt is a fool's game. Congress is debt addicted and in need of rehab. Let the lenders fail as other businesses have failed when risks don't pan out. Newer, better banks will emerge if the corrupt ones are allowed to fail.