I need more cowbell

Why I'm a Nervous Bull

Why anyone would rely on technical indicators that while successful in the past, have no ability to indicate anything in a totally rigged market. A market characterized by:
- low volume
- days where 5 stocks, think about that very carefully, 5 stocks constitute 30% or more of the TOTAL volume
- most of the action is between robo-trading with a handful of firms; GS, JPM, MS.
- there is every indication that the mney has been supplied by the Fed; present and future taxpayer money is used to prop up the market artificailly
- and oh yes, by the way, the fundamentals have never been poorer; backward looking PE's are astronomical, and forward looking are not only pricing in perfection, but unachievable perfection.

At least well played blackjack in Veagas, the house only has 0.5% edge. This market is 100% rigged.

Risk Taking Indicators Are All Good to Go

Every indicator except common sense, and the facts and data regarding our economy. Ignore reality at your own risk. Here is the summary of where we truly are:
www.zerohedge.com/arti...

Deflation vs. Inflation: The Great Debate Rages On

You must be the world's worst shopper, dude. I can buy anything way cheaper today than 1 year ago; I can't believe some of the sales I'm seeing, on everything, eveywhere. My food bill is down 34%; if I needed clothes, i can get 60-70 % off.



On Jul 05 11:17 AM Tony Daltorio wrote:

> Apparently you missed the point of the article completely and have
> been duped by the Big Boys.
>
> Deflation is a complete myth invented by Wall Street and the US Treasury
> so they can get "suckers" to buy Treasuries at ridiculously low interest
> rates.
>
> The only "deflation" that is occuring is in the value of assets that
> had bubble type valuations such as US housing and US stocks, both
> of which are still overvalued and will fall further.
>
> The value of "real" goods and services are inflating due to the decline
> in the value of the US Dollar among other factors.

Deflation vs. Inflation: The Great Debate Rages On

It is impossible to have price/wages inflation when velocity is as low as it has been in many many years, and savings continues to increase, and debt continues to be delevered. Un-and-underemployment ( cash flow) continues to put deflationary pressure everywhere; wealth destruction, USA, estimated to be $20T and rising. Banks aren't lending, companies aren't asking to borrow research.stlouisfed.or...
Deflation, period.
That leaves dollar devaluation relative to other fiat currencies. A good discussion, the Chinese would love an alternative, and way down the road there will be one eventually, but not for quite some time.




On Jul 05 09:39 AM stocknerd wrote:

> Inflation is NOT in sight. Sorry all you financial gurus. It just
> ain't. All that money may be just filling up the recession/almost
> a depression hole we are in RIGHT NOW. Please one crisis at a time.
> I would love to see a little inflation now in house prices and wages.
> No inflation. None. Nada. Zi

Deflation vs. Inflation: The Great Debate Rages On

Excellent piece. I have one not disagreement, but perhaps a different possibility:
" But in the final analysis, the "BIG PLAYERS" in the investment and financial world are able to make the price of anything go up or down as they dictate, no matter how much or how little inflation exists in the world of the "LITTLE PEOPLE"...the peons that are just pawns in their game of "Make-Me-Richer-At-You...

I would have wholeheartedly agreed before, but the BP's over-reach this time may have talken away that ability. Don't know.

Inflation: Too Early to Worry?

Wow, where do you live? I live in affluent Austin, rated third city least affected by downturn, and everything is way cheaper. Food, clothes cut in half, huge sales on everything, property taxes down, etc. Gas of course fluctuates, but I can't think of anything else that is more expensive.



On Jun 22 06:35 PM prudentinvestor wrote:

> Inflation has been much higher than reported for many years, and
> is now accelerating even more. Just save your supermarket receipts
> and compare them year to year, or compare your utility bills, your
> property taxes, dentist bills, college tuition, highway tolls, etc.
>
>
> The clever notion of "hedonistic adjustment" allows inflation to
> be understated, because it considers technological progress to be
> deflationary, i.e. if you can buy a big-screen color TV for the same
> price as a small B&W TV in the 70's, it is counted as a reduction
> in the cost of living. This is specious in itself; and more so when
> you consider that there is no corresponding "declining quality adjustment".
> Nowadays, you buy a pair of (imported) shoes for $80 and they fall
> apart after a year. Thirty years ago you could buy (US-made) shoes
> also for $80 and they lasted five years. Statistics will show zero
> inflation in shoes (both are $80), but in reality, the price of shoes
> has effectively risen by a factor of five (up 400%), because you
> have to buy five pairs instead of one.

Inflation: Too Early to Worry?

All the Asian export economies, which will suffer worse than non-export countries, are toast.
www.philstockworld.com...


On Jun 22 10:50 AM sheridan wrote:

> Is there any other outcome besides inflation?
> The Country cannot service its total debt and has no way to do so
> in the future, even with an imaginary 100% tax rate.
> So Gov't can default- never going to happen when you own a printing
> press or Gov't can inflate their way out of it.
> I cannot come up with any other solution.
> The rein of the dollar is over- it's just going to take some time
> for transition (10-20 years). Asia has all the money and all the
> people- don't underestimate what has just happened in this Country-
> Soros has it right. Doesn't mean the US won't be a nice place to
> live long term- still have all the food, all the water and democratic
> government but the run is over. I'm taking lessons in Mandarin.<br/>P