Friday's Jobs Report: Unemployment Headed for 9% [View article]
We can only hope for an unemployment rate under 10%. I think it will approach closer to 50% and could get much worse. Bad times are coming people! Get your house in order.
Leading Indicators Grim - OECD Composite [View article]
The rally the last 2 days was based on more federal bailouts. The market is not based on the real financial world anymore. It is based in dreamland and wishfull thinking is the capitol. The currency is based on fairy dust. Make more fairy dust and all will be OK! We lost 600,000 jobs and dreamland says it is unpatriotic to be a bear. Even at these levels with the market deteriating at an accerating pace daily, The market is overvalued. But when it is announced that there is an unlimited amount of fairy dust coming from wishfull thinking early next week the market will explode upward. it's time to get real people-this can't last forever as advertised in the dreamland times, but don't worry, all is going as planned----LOL
Spend, Spend, Spend - But Who Pays? [View article]
The american public has been led to believe for generations that borrowing is the way to go to live a comfortable lifestyle. It's rings really true when they also become accustomed to someone else picking up the bill. They feel they deserve it and do not worry how it will affect future generations. They got their's and screw them. We have become greedy just like wall street. We spend with reckless abandon. We are lost and we deserve everything we areabout to recieve.....as long as someone else pays for it.... Good Luck to you all. Don't worry everything is going as planned!---LOL
Just like all of the other talking heads. "It can't get much worse. We are close to the bottom. People should get in to avoid missing the next big upturn,so they can rebuild their portfolios"------- Don't worry all is going according as planned----- LOL
There is a still a lot more greed in this market than there is fear. I think from the people that I talk to that it is an almost uncontrolable desire to rebuild their retirement/savings accounts that were based in the equity markets. They do not realize that the market can go down for long periods at a time. They have been brainwashed by the talking heads to be a long term investors and to not worry about the short term hiccups that occur in the marketplace. This is not the market to be in, except if you can be nimble enough to trade in and out of the market on a constant basis. This is going to get real ugly before its over. We are at the end of the beginning and not the beginning of the end. Good Luck to you all!
GDP Tumbles, But It Could Have Been Worse [View article]
This report is what and why that it is called a lagging indicator of the economy and economic activity. However it is showing that the economy during the quarter is accelerating to the downside and inventories are being built up dramaticly because, many items are not selling. Not a good sign at all.
Now Isn't the Time for Defensive Stocks - UBS [View article]
Yes, the fp trading desk does not want you to be in defensive positions at this time. Be aggresive. You still have some funds left that they deperatly need! Do not worry--all is well and going accordingly as planned--LOL--
U.S. Economy: Charting the Contraction [View article]
The economy is in far worse shape than the government and big business wants you to believe it is. Not only that ,but it is getting worse by the day and they are rapidly losing the ability or the will to correct the situation. God help us and good luck to you all!
Where's the Nationalization Debate? [View article]
Screw the equity-bond holders and protect the american taxpayer. If the financial services companies need to unload their toxic assets then the government can buy them only if assured of a massive profit and that should only go to beef up social security. Bad business and bad businessmen should not get rewarded as they are so sadly doing now.
U.S. Trust in Business Hits 10-Year Low; Only 17% Trust CEOs [View article]
It doesn't make any logical sense to trust a politician or a CEO. They both are out to protect their power base and expand it. The good of the average person does not enter into the equation unless it further benifits their agenda. THAT'S LIFE! It is not fair or ethical but that is the way the system works.
Five Missing Pieces to the Stimulus Plan [View article]
hoover--you can't say Citi and Baank of America are beyond dead. It is against the law and you can be sued or imprisoned. Don't worry all is well and is going according as planned!---LOL
Wall Street Breakfast: Must-Know News [View article]
The depression will not arrive. We are already talking about doing away with mark to market accounting. If we say that the assets are worth 200% more than their true value, why should the market have to go down. We should just pass laws to eliminate the posting of corporate losses. We could also say that the government is not running a deficit and instead is running up huge budget surpluses. Why all the worry? Because they are running huge surpluses we can pump a trillion or 3 into the economy and it won't create inflation down the road in our capitalistic utopian economy. Don't Worry- Everything is going as planned and is under control! LOL
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Latest | Highest ratedGreen Stocks for 2009 [View article]
Why SPY Could Be 20%-30% Higher by 2010 [View article]
Friday's Jobs Report: Unemployment Headed for 9% [View article]
Leading Indicators Grim - OECD Composite [View article]
Spend, Spend, Spend - But Who Pays? [View article]
Positive Guidance at Decade Low [View article]
Breakout or Fake-Out? [View article]
GDP Tumbles, But It Could Have Been Worse [View article]
Now Isn't the Time for Defensive Stocks - UBS [View article]
U.S. Economy: Charting the Contraction [View article]
Where's the Nationalization Debate? [View article]
U.S. Trust in Business Hits 10-Year Low; Only 17% Trust CEOs [View article]
Five Missing Pieces to the Stimulus Plan [View article]
Wall Street Breakfast: Must-Know News [View article]
Dendreon 2007 Annual Report and How Provenge Will Propel Company [View article]