plumstupid

After a gloomy day, markets surprise by accelerating into the close. DJIA +0.49% to 6626.94. S&P +0.12% to 683.38. Nasdaq, in its worst week since November, -0.44% to 1293.85.

Anyone surprised by the PPT kicking in at 1330 on Friday after a week like this one, well whats to say.....

The Bubble of Uncertainty Is About to Burst

Yikes! 800 calories! Won't take me long to shed 30kg!

Wall Street Is Short Barack Obama

"Even my cleaning lady is running a leveraged short on the S&P 500."

Good humor!

The Bubble of Uncertainty Is About to Burst

I imagine Mrs Powell was rather surprised by his brevity.


On Mar 06 03:53 PM Yohei wrote:

> Depends on what you mean by "in earnest". Certainly the "downhill
> slope" has been increasingly steep of late but has been obvious for
> much longer. Perhaps the decline "in earnest" started when Ben Franklin,
> during the Constitutional Convention, was asked "What sort of government
> are we to have?" answered with "A Republic, madame, if you can keep
> it."
>
> Good for a chuckle, what? Droll, eh?

The Bubble of Uncertainty Is About to Burst

Thailand


On Mar 06 03:42 PM Yohei wrote:

> Enjoy your comments. Generally agree with you. May I ask where
> you are located? One has to plan for all possible contingencies,
> of course, ranked in order of likelihood, and it is time to update
> my "time to run like hell" scenario....

2009 Depression Will Be Nothing Like 1929

Civil unrest not coming to America? Really? Read this!

market-ticker.denninge...

Wall Street Is Short Barack Obama

Sooie sooie sooie sooooooieeeee!


On Mar 06 03:34 PM sether wrote:

> attention all fearful, fat, white, petty stock speculating, FOX watching,
> 60-something, arterial sclerotic piggies. You have nothing to fear
> from the new regime of the great unwashed; so long as you take your
> tax hike with a smile, keep your petulant cake-holes shut, and fade
> quietly into political and economic irrelevance. That is your future.
> I enjoy the fact that you will spend the waning years of your life
> gnashing your teeth and crying bitter piggy tears. Squeal piggies,
> squeal louder, SQUEAL.

The Bubble of Uncertainty Is About to Burst

The inauguration of Ronnie Ray Gun.


On Mar 06 03:31 PM Tesa wrote:

> What was that event if you don't mind me asking.

Time to Buy China, Copper, the Canadian Dollar and Oil

Tacit permission? Oh Really? Citations please. Preferably from someone inside China not some kool-aide drinker on Wall St.


On Mar 06 03:25 PM littlegenius wrote:

> We think our bottom occurred because of overall lower Chinese production
> and very sharp Chinese inventory balancing. Now the Chinese scrap
> traders are comfortable with their inventory levels and are buying
> again and bidding prices upward. China is recovering quicker than
> the US, because the Chinese government lifted credit restrictions
> on the banks that they put in place a few years ago. The government
> is giving their banks tacit permission to give out bad loans. The
> money is going straight to the factories, unlike our banks who have
> not loosened that much. Also, the Chinese began focusing on selling
> to their neighbors when US orders disappeared in the fall. Our Chinese
> buyers all of a sudden are flush with cash and have resumed their
> visits to our MRF and are wiring money to us again. I don't understand
> all of it, but the money is coming in again and volume and pricing
> have trended well over the last 3 weeks. We think their bottom was
> right before their banks loosened up credit decisions and the effect
> of that occurred a few weeks ago. Their bank managers report to
> the government, not like ours...
>
> On Mar 05 04:50 PM Whitehawk wrote:

Venezuela: Chavez's Control of Oil and Agriculture

Inflation is high there now. The deals with China and Viet Nam are a cagey move on Chavez' part. Insulates him from the further damage that accepting worthless USD will inflect very soon.

I like the guy if for no other reason than his characterization of "el Diablo" at the UN. The people love him much for that too.

That he stands up to the international corporate elite and beats them is spectacular to watch. Viva Chavez!


On Mar 06 03:11 PM Paul_Harper wrote:

> Ferdinand
>
> I don't claim that super heavy, which is the resource from the Orinocoi
> Basin is easy to get out, transportation costs aside, it is in the
> region of $70 ... so right now not feasible.
> with regards to Venezuela, I belive FDI is vital, as the economy
> is so stretched with high inflation costs, that without massive oil
> revenues from $70+ oil, the Venezuelans have no cash of their own
> to pump in. Hence the deals with China & Vietnam.

The Bubble of Uncertainty Is About to Burst

Preceded by a psychopathic war mongering profligate spender biggest expander of gov't bureaucracy "Decider". Hey, Bush and now Obama are judt the final two nails in the coffin. The destruction from within began in earnest at 1200 20JAN81.


On Mar 06 02:59 PM User 355187 wrote:

> Right. The "period of uncertainty" is over. Now the "period of stunned
> disbelief" that this nutcase will destroy this economy and America
> as we have known and loved it is beginning. Next the "period of terror
> and acceptance of the inevitable" will emerge. That's when we are
> in BIG trouble.
>
> But hopefully all the idiots who voted for this conman will enthusiastically
> heed his expert advice and buy, buy, buy stock. After all, the "profit
> and earnings ratio" (whatever the hell that is) is really attractive.
>
>
> Seems obvious to me that Obama wants capitalism in America to fail
> utterly. He wants the house to burn to the ground, so he can replace
> it with a shrine to Marxism.
>
> In my 64 years I have never feared for this country. But I most certainly
> do now. I never thought I would see this country destroyed, especially
> from within. But that train has left the station and is headed for
> a very steep cliff--with a sociopathic charlatan as the conductor.
>

2009 Depression Will Be Nothing Like 1929

If one thinks the 100m Mr and Mrs Jones who have done everything right paid their dues, paid their bills and played by the rules suddenly have nothing and they're just going to say "oh gee, just bad luck" one has "misunderestimated" his neighbor.

Look you've drunk the kool-aide. Fine by me. You are the one stuck in that cesspool of the formerly free. Very soon events will prove one of correct. C-YA.


On Mar 06 02:55 PM Jonny Rotten wrote:

> >> A stock market crash qualifies. Civil unrest qualifies.
>
> Civil unrest? Ok ... yep ... sure. Then you should go back and read
> what I said above.
>
> This is NOT just about the stock market now. You are talking crazy
> non-sense and I'm calling you on it. You should NOT be making such
> irresponsible statements. If people engage of civil unrest because
> of a loss in the stockmarket then they are insane!
>
> Human kind has survived, prospered and made it through FAR greater
> events that that without the need for hysteria or civil unrest. The
> suggest it as reasonable or likely means you are "out of your tree".
>
>
> You have no grounding in reality. If you think that is a real danger
> - stock losses - then I really don't know what to say!

2009 Depression Will Be Nothing Like 1929

Again, mind your tone.

You know nothing about me. You know nothing about my achievements. Ad hominem attacks are forbidden on SA.


On Mar 06 02:39 PM Jonny Rotten wrote:

> >> Mind your tone.

>Its just a real shame to see the potential of a human brain ... a miracle >of evolution ... wasted on needless paranoia. Granted you may not like >to hear me say that ... but what can one do. I don't say it vindictively or >mean-spirited ... you can believe that or not. I'm just don't have that >much time.

2009 Depression Will Be Nothing Like 1929

The National Security and Homeland Security Presidential Directive (National Security Presidential Directive NSPD 51/Homeland Security Presidential Directive HSPD-20, sometimes called simply "Executive Directive 51" for short), created and signed by United States President George W. Bush on May 4, 2007, is a Presidential Directive which claims power to execute procedures for continuity of the federal government in the event of a "catastrophic emergency". Such an emergency is construed as "any incident, regardless of location, that results in extraordinary levels of mass casualties, damage, or disruption severely affecting the U.S. population, infrastructure, environment, economy, or government functions."

A stock market crash qualifies. Civil unrest qualifies.

2009 Depression Will Be Nothing Like 1929

Mind your tone.

Hey, you're the one still in that cesspool and you'll be the one that has to suffer the consequences of you poor choices. Good luck with that.


On Mar 06 02:13 PM Jonny Rotten wrote:

> >> Then there is Presidential Directive 51.
>
> Ok ... nevermind ... you are crazy. Good luck with that brother.