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  • The Stock Market Is Not a Leading Indicator [View article]
    Moses Kim, keep spreading the truth my friend. It really is all we can do and realize that the clueless pinheads that have proclaimed a bottom based on utter fantasy will be viciously wiped out along with anybody else who actually tries to buy and hold this market.

    We are at the beginning of the two year maximum pain just like the first depression. This is when the smart people hold cash and the pinheads lose their shirts.

    I think this bear market rally is still capable of rallying for a while however because we know that the Fed bought all those stock shares on the taxpayer dime which they lent to us (isn't that weird).

    The actual 'money on the sidelines' that supposedly poured into the market was a total of $400 billion. That is a small fraction of the money that has been sqaundered directly by our government to buy stocks through the Fed and Treasury. When they are not too busy buying up each other's debts of course.
    Aug 04 12:35 pm |Rating: +5 0
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