Citigroup: Market Gains to Continue Until Individuals Jump Back In [View article]
>>Lol, that is funny. Yes, get the retail guy in and clock him with a >>massive decline. What a sordid game.
Yup, that is the way wall street works. Atleast the guy is being honest and not mincing his words. If individual investors do step in to this market after pronouncements like these, then it is their fault. Can't say they have not been warned. But it does look like the so called dumb money has wised up some, and staying out of this Casino where house/street is rigged to win.
Why Does the Fed Feel Powerless to Identify Bubbles in Real Time? [View article]
Blowing bubbles is way for the manipulators to bring suckers to the table. How else can they rake in millions & billions? Fed & treasury have powerful friends in this business and they call the shots.
U.S. Quantitative Easing Has Just Begun [View article]
>>If Obama wants to create jobs for US citizens he needs to permanently end the H-1B, H-2B, etc.. foreign worker programs.
That is it! Blame the unemployment on these earnest, hard-working, educated and under paid folks! Not the banksters, house flipping spend-thrifts and the union thugs that pocketed billions at the expense of tax payers. Of course not, the banksters own the treasury & fed, the unions own the politicians. They are untouchable.
Market is about sentiment, not fundamentals. If you can get the other guy to pay more than what you did for an issue - end of story. Just cut & run. Investing is a misnomer. It is more akin to gambling. Invest in yourself, not in the market.
Behind the Income Tax Numbers: Top 1% Paid 40% of Total [View article]
And when our tax money is wasted by the government bailing out bad banks and their ultra-rich cronies, vote-bank communist unions, and distributed to house flipping spendthrifts - every dollar that they collect as taxes is a dollar that is better left in private hands. The yields are far greater.
The Real Cause of Foreclosures: No Skin in the Game [View article]
Given that we continue to elect rogues whose only goal is to perpetuate their power & influence why complain? They need votes, and free homes, cars etc... to the poorer voting masses will endear them to their base. Bailing out their rich auto/bankster friends will fetch them campaign dollars, speakerships, and revolving door positions. If you are the responsible saving kind, you need to pay for that privilege! And pay you will.
Why I Still Think This Rally Is Sustainable [View article]
There is a good bit of manipulation going on in the market. Market level is all about perception, and that perception has been completely turned since 6th March. Run with the big boys and take cover until other big boys force a U-turn. The ROI on detailed analytical thesis (that Tyler Durden often provides) has been minimal lately. Not worth it.
Well,said 'SW Richmond'. Obama & his friends have no real creative ideas to bolster individual productivity or the creation of wealth - which is what leads to better times & prosperity for all. In stead they are out to gouge the saver/prudent in order to reward their union friends, bankster friends. Their only plan is to tax the saver and spend it on the spendthrift. You can only squeeze the golden goose for so long.
What a Typical Investor Circa 2007 Would Need to Break Even Now [View article]
The bulls have the tape. No use fretting over the fundamentals when powers that be have decided to print their way so S&P 1000 or more. Just a short step from where we are now. After all Ben has to write his memoir on how he tamed the great recession beast, and Obama has to write a sequel to his own.
Want a Pension Over $100,000? Be a Government Worker in California [View article]
California or any other state for that matter, are 'too big to fail'. Uncle Ben & his holiness Obama will take care of you - so long as you are utterly stupid, and screw up big time. If you are sensible and responsible of course you will be whipped & squeezed.
Amen, Paul_L & snippy. Jeff's posts are as good as any others I have read. I "pay" for a newsletter that asked me to keep buying the dips in 2007 & 2008. Thank goodness, I did not follow their "advice"! Keep up the good posts, Jeff!
Tongue in cheek - A very hard bottom like a ROCK BOTTOM with SPY=0 is certainly the best bottom at which all warfare will end and that bottom will last for infinite time
Savvy politicians see this as an opportunity to further their agenda. Can't blame them, as that is why they are there in DC - just as we are all here to make/save some money. Because the government is the only game in town, whatever/whoever they favor is what survives this bust.
Obama is no friend of the markets. He is a socialist idealogue with an agenda. Mistaken of course, he believes that stock market is something for the wealthy. Given his hubris, it will take larger losses in the stock market, and a public uproar for him to start seeing his folly. That will be 4000 or so in the DOW. Too late to save many investors who hoped for a change. Change has come, but just not what they had in mind. Funny isn't it.
You may have point there 'Socialism cannot compete!'. Obama is a smart man like many ideological liberals. Make a bad situation worse, and people will be ready to try anything. Ask a patient on death bed if he wants to try a shiny new capsule that will miraculously cure him and have him jumping around. Any possiblity that the patient will say 'yes'? Plus you can claim him credit for saving the patient by starving first and the shelling out a few morsels of food
Citigroup: Market Gains to Continue Until Individuals Jump Back In [View article]
Yup, that is the way wall street works. Atleast the guy is being honest and not mincing his words. If individual investors do step in to this market after pronouncements like these, then it is their fault. Can't say they have not been warned. But it does look like the so called dumb money has wised up some, and staying out of this Casino where house/street is rigged to win.
Why Does the Fed Feel Powerless to Identify Bubbles in Real Time? [View article]
U.S. Quantitative Easing Has Just Begun [View article]
That is it! Blame the unemployment on these earnest, hard-working, educated and under paid folks! Not the banksters, house flipping spend-thrifts and the union thugs that pocketed billions at the expense of tax payers. Of course not, the banksters own the treasury & fed, the unions own the politicians. They are untouchable.
Is This a Sucker's Rally? [View article]
Behind the Income Tax Numbers: Top 1% Paid 40% of Total [View article]
The Real Cause of Foreclosures: No Skin in the Game [View article]
Why I Still Think This Rally Is Sustainable [View article]
Was That the End of the Rally? [View article]
What a Typical Investor Circa 2007 Would Need to Break Even Now [View article]
Want a Pension Over $100,000? Be a Government Worker in California [View article]
Don't Buy Yesterday's Hype [View article]
Easy vs. Hard Market Bottoms [View article]
Credit Markets: Tanking Again? [View article]
Friday's Relief Rally [View article]
Market One-Ups Washington [View article]