User 257960

Geithner on Yuan: Misstep or Warning Shot?

Correction to my previous post: It is my recollection that it was partly the result of the Japanese not able to get their big sum of money loaned to the Chines Warloads that pulled the Japanese into invading China. In our situation, China invested in US Treasuries and probalby has no hope of getting more than a portion of money back. When the US falls into chaotic situation, may be China will be aggressive and supports separationist in California.

Geithner on Yuan: Misstep or Warning Shot?

Big debts in Japan resulted in Japan invading China in Word War II when those debts are not being paid back. Similarly, big debts in Germany resulted in Germany invading the rest of Europe. May be it is time for the US to invade China.

Sheila Bair - World's Worst Regulator - to Stay at FDIC

I am shocked at the stupidity presented herein. What lead me to this article was a search on Paul Krugman that turn up this Article:

seekingalpha.com/artic...

It is quite obvious that what was presented does not have foresight left alone hindsight.

Nine Ways to Profit in 2009

Gold will only go high. Gold Miners Stock are a leading indicator for gold price. After reaching bottom, Gold Miners has just about dobule. For the last two weeks, Energy Stock refuses to go down while Crude Price further declined. Energy Stocks are now starting an up leg. I will count out oil at $20. We have probably saw the bottom for oil in the near term.


On Jan 02 11:17 AM 1977°C wrote:

> Things I agree:
>
> 1.Crude Oil 10-15 a barrel.
> 2.Sell financials indefinitely.
> 3.Sell China or Asia or any index even DAX or DJIA will do.
> 4.Sell REIT.
>
>
> I don't agree:
>
> 1.Gold will crash more than Oil, probably we are heading for 200-300
> $ an ounce soon.
>
> If Oil will be 20$ I promise Gold won't be 1000 nor 700, it will
> be at highest 500.

Nine Ways to Profit in 2009

I can see that the recommendations if carry out at this time will hurt you badly. Energy just came out of a fall wedge and start a recovery. If you buy Callow's recommendation, you will miss this up leg. Most of the shorts mentioned are forming nice falling wedges but prices are still within the falling wedges. Getting in prematurely can hurt you badly. It is all about timing. TBT (Short Tresearies) is the one to buy right now as the price action just broke out of the falling channel on HUGE VOLUME in two consecutive days.

Own Gold? Time to Fold

Bottom line reading all this is that we don't know what those stupid people are doing at any monent. You can be right in your prespective but timing is completely out of your control. These stupid people has turn the stock market into a gambling casino. Last Friday, I jump in with the shorts and would have netted $12,000 at the end of day if I closed my position. I choose to wait to see on Monday and on Monday before Market even opens, $8000 evaporated in thin air. I choose to gut it out and this supposed $12,000 profit turned into a $36,000 loss. I cut after too much pain and hope on gold for a $10,000 profit. I learn my lession and will now follow Todd Harrison to hit and run, not to leave any opening position at night during these crazy time. For longer term that I can wait it out, I will short the Treasuries. I can wait it out for Gold, but with $10,000 profit in 3 days, I better take it before it evaporates. There will always be new opportunities in the future. I am sure I have the right perspective but now I am going to make sure those stupid people can not hurt me by adopting hit and run, meaning close my positions at the end of the date.

Monetary Madness: Global Margin Call Underway

Mike Shedlock's recent article leaded me to ready his February 2, 2006 Article: Inflation: What the heck is it? It changed me prespective. I was crying what US Dollar was up and why Gold and Oil was down so much. After reading of his Article, I now understand that inflation is best defined as money supply + credit. It is true that government actions is inflationary, but the other part of the equation is credit goes extreme the other way to the downside. Adding the two together, you can see that inflation will not an immediate problem. How soon will inflation be a problem? I guess when the government is successful in restoring confidence and does not quickly remove the excess money that is now being pumped in.

Oil Breaks Down Again

Oil may be going down, but it wll not go straight down. A check on the Bullish Percent ($BPENER) @ stockcharts.com show the extreme bearlishness and that the energy sector is in the dumsper. This is a situation that you can see another short squeeze unfold very soon. This may conincidence with a short stock market rally now that it is so oversold.

Dollar's Recent Strength Has Little to Do With U.S. Economy

I am looking @ the gallery view of $USD at stockcharts.com. US Dollar has to move up quite significantly ans surpassed the previous peak around September 10, 2008. At the previous peak, the faster PPO(12,26,9) is at 1.7. Currently, the faster PPO is at .688. The $USD will have to move significant higher for the PPO to surpass that of the previous peak. In an other word, a negative divergence between the PPO and $USD is almost certain. When $USD reverse course to the downside, you have the assurance of the negative divergence that you are right.

Don't Be Fooled - Short Selling Restrictions Do Work

"If you ever wanted proof of manipulation in crude prices, this was it and it’s there for everyone to see, even if you put your blinders on and didn’t know how read Braille…"

Sorry, it is not the short sellers that are to be blamed. It is an unitended consequence of the govenment manuiplation in poping up Wall Street. Certainly the Bernanke and Paulson did not have a clue and they still don't get it. I still remember Paulson stating that the oil run up being 'supply and demand'. I think we have given them enough opportunity and time, and each time it proved that they are wrong and have no glue. It is time to change direction, take the pain and let the phoneix rises.

Did the Shorting Ban Affect SKF?

Financial Long (XLF) and Short (SKF) ETFs has traded with a narrow range for the past 2+ days. As soon as it break out on the upside or downside, enter for a quick percent gain in a short time.

Powerful Strengths, Pathetic Weaknesses, and What Donald Coxe Recommends

I generally agree with the statements in this article One thing I like to add is that there appeared to be an untold US Government manuver to artifically creat an environment favarable to elect a Republican in November. There is also a helping hand from China buying US Dollars. So far, it failed to ignite a stock rally, I will not be surprise to see one coming soon. The long await crash will be delayed until after the November election.

Shanghai Should Continue to Sell Off

I like James Conrad to comment on this. As many making bold statements with no backup, I will need more study to conclude if this is a spin or honest opinion.

Apple Investors: Fasten Your Seatbelts, Put On Helmets

Voilatily Index is moving up and a intermediate bottom in stocks will present itself very soon if not already did.