Michael Clark's Comments Michael Clark's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/428250/comments Deere's Second Quarter Earnings Preview http://seekingalpha.com/article/1424621/comments?source=feed#comment-18702671 18702671 Sat, 11 May 2013 01:36:46 -0400 Soaring margin debt (and plunging cash balances) trigger a sell signal at BAML, which says the last time this big a move happend was April 2010 - just ahead of a 2-month, 16% decline in SPY. Alongside this is short-term sentiment which has risen to levels consistent with selloffs in the past. http://seekingalpha.com/currents/post/883511?source=feed#comment-18350991 18350991 Thu, 02 May 2013 09:24:42 -0400 APPLE STILL HAS NOT BOTTOMED. http://seekingalpha.com/instablog/428250-michael-clark/1720481-apple-still-has-not-bottomed?source=feed#comment-18018611 18018611
Plato wrote: "The laws of nature are the thoughts of God."

You can never just have one side of a trade. We have physical/material evolution and then we have spiritual evolution, which is painful and which is about losing and recovering something we have lost, our humility.

This is the story of Earth.

Other planets have other cycles and other laws. When you go to another planet, you have to learn the new laws and the new cycles.

Thanks for your comment.]]> Wed, 24 Apr 2013 03:52:35 -0400
Plato wrote: "The laws of nature are the thoughts of God."

You can never just have one side of a trade. We have physical/material evolution and then we have spiritual evolution, which is painful and which is about losing and recovering something we have lost, our humility.

This is the story of Earth.

Other planets have other cycles and other laws. When you go to another planet, you have to learn the new laws and the new cycles.

Thanks for your comment.]]> IS THIS THE BEGINNING OF THE BIG SELL-OFF WE'VE ALL BEEN EXPECTING AND PERHAPS DREADING? http://seekingalpha.com/instablog/428250-michael-clark/1781561-is-this-the-beginning-of-the-big-sell-off-we-ve-all-been-expecting-and-perhaps-dreading?source=feed#comment-18018591 18018591
I love your comment on 'a new clean straight jacket. Is that the best we can hope for? As long as the banks are running the world, I'm afraid so.

I think the TBTF banks need to be restructure along the lines of the Public Utilities System. We don't need megabanks. We need banks that provide steady service to the world, not manic-depressive boom-bust cycles which makes ua all feel like millionaires one day and like paupers the next.

Housing can never again become a roulette wheel.

Things can change. But WE have to change them.]]> Wed, 24 Apr 2013 03:51:23 -0400
I love your comment on 'a new clean straight jacket. Is that the best we can hope for? As long as the banks are running the world, I'm afraid so.

I think the TBTF banks need to be restructure along the lines of the Public Utilities System. We don't need megabanks. We need banks that provide steady service to the world, not manic-depressive boom-bust cycles which makes ua all feel like millionaires one day and like paupers the next.

Housing can never again become a roulette wheel.

Things can change. But WE have to change them.]]> IS THIS THE BEGINNING OF THE BIG SELL-OFF WE'VE ALL BEEN EXPECTING AND PERHAPS DREADING? http://seekingalpha.com/instablog/428250-michael-clark/1781561-is-this-the-beginning-of-the-big-sell-off-we-ve-all-been-expecting-and-perhaps-dreading?source=feed#comment-17964481 17964481 Tue, 23 Apr 2013 00:58:15 -0400 IS THIS THE BIG SELLOFF WE'VE ALL BEEN EXPECTING? http://seekingalpha.com/instablog/428250-michael-clark/1781471-is-this-the-big-selloff-we-ve-all-been-expecting?source=feed#comment-17964471 17964471 Tue, 23 Apr 2013 00:58:08 -0400 Is The U.S. Economy In Trouble? http://seekingalpha.com/article/1327211/comments?source=feed#comment-17786791 17786791 Thu, 18 Apr 2013 11:02:52 -0400 Downgrading Down Under http://seekingalpha.com/article/1324401/comments?source=feed#comment-17342801 17342801 Mon, 08 Apr 2013 05:39:19 -0400 Downgrading Down Under http://seekingalpha.com/article/1324401/comments?source=feed#comment-17342781 17342781 Mon, 08 Apr 2013 05:39:10 -0400 How The Fed Is 'In A Box' In Terms Of Creating Sound Collateral http://seekingalpha.com/article/1251311/comments?source=feed#comment-16866801 16866801
My impression, after reading several of your enightening articles, is that the banks are still insolvent (through derivatives exposure at 50-1 leverage or 100-1 leverage) and lower housing prices will implode the banks and level Western civilization. Is that how you are reading this?

The banks have a gun to the head of Bernanke and he's doing what he's told to do?]]> Wed, 27 Mar 2013 07:34:33 -0400
My impression, after reading several of your enightening articles, is that the banks are still insolvent (through derivatives exposure at 50-1 leverage or 100-1 leverage) and lower housing prices will implode the banks and level Western civilization. Is that how you are reading this?

The banks have a gun to the head of Bernanke and he's doing what he's told to do?]]> ARE CHINESE STOCKS CRASHING? WHAT DOES THIS TELL US ABOUT WHERE WE ARE HEADING? http://seekingalpha.com/instablog/428250-michael-clark/1649491-are-chinese-stocks-crashing-what-does-this-tell-us-about-where-we-are-heading?source=feed#comment-16642541 16642541 Fri, 22 Mar 2013 02:42:05 -0400 Housing - Misguided Optimism Continues Unabated http://seekingalpha.com/article/1286861/comments?source=feed#comment-16543311 16543311 Wed, 20 Mar 2013 10:23:48 -0400 Monday Market Mayhem: Cyprus Declares 'A Nuclear War On Savings And Wealth' http://seekingalpha.com/article/1282731/comments?source=feed#comment-16481471 16481471 Tue, 19 Mar 2013 05:41:13 -0400 Don't Get Too Excited About Cyprus http://seekingalpha.com/article/1283951/comments?source=feed#comment-16480711 16480711
I've read three of your articles in the past two weeks. The theme in all of them is: "Don't get excited. Everything is...healing." Are you Richard Russell in disguise, Cam?

Still calm about China? I think this might get you a bit excited before long. Your four pillars of China, the Four Banks, are all cracking. The stronger the US Dollar gets, the weaker Chinese stocks get. And the Euro's dismantling will surely make the Dollar stronger.

Don't get too comfortable.]]> Tue, 19 Mar 2013 04:58:47 -0400
I've read three of your articles in the past two weeks. The theme in all of them is: "Don't get excited. Everything is...healing." Are you Richard Russell in disguise, Cam?

Still calm about China? I think this might get you a bit excited before long. Your four pillars of China, the Four Banks, are all cracking. The stronger the US Dollar gets, the weaker Chinese stocks get. And the Euro's dismantling will surely make the Dollar stronger.

Don't get too comfortable.]]> Did Apple Bottom Friday? http://seekingalpha.com/article/1015611/comments?source=feed#comment-16428211 16428211
This is a definition of Satan when he told Jesus: "I can give you all this, power, money, pleasure, you can rule the whole world -- if you just join my side..." Jesus said no. America said yes. Famous American pragmatism. Nixon and Clinton both said yes. So did Obama; but psychologically Obama is no Clinton or Nixon.

From the inside-out, Nixon and Clinton were very similar. Yes, their talents were different, and their accomplishments. But psychologically they were nearly identical.

The world looks much different when viewed from the inside-out than from the outside-in. That's one of the problems science has. It only looks and measure from the outside -- it's missing a very deep world on the inside.]]> Mon, 18 Mar 2013 06:29:47 -0400
This is a definition of Satan when he told Jesus: "I can give you all this, power, money, pleasure, you can rule the whole world -- if you just join my side..." Jesus said no. America said yes. Famous American pragmatism. Nixon and Clinton both said yes. So did Obama; but psychologically Obama is no Clinton or Nixon.

From the inside-out, Nixon and Clinton were very similar. Yes, their talents were different, and their accomplishments. But psychologically they were nearly identical.

The world looks much different when viewed from the inside-out than from the outside-in. That's one of the problems science has. It only looks and measure from the outside -- it's missing a very deep world on the inside.]]> Cyprus's parliament is due to convene this afternoon to debate an astonishing eurozone demand that it tax all bank deposits at up to 10% in return for a €10B bailout. While approval is not guaranteed, Cypriots rushed to take as much money as allowed out of ATMs. And although EU Commissioner Olli Rehn ruled out a deposit raid in other eurozone countries, menacingly for savers, eurogroup chief Jeroen Dijsselbloem would not. "We are in a new world," says an economist. Update: The parliamentary debate has been postponed until tomorrow. http://seekingalpha.com/currents/post/892541?source=feed#comment-16426391 16426391 Mon, 18 Mar 2013 05:02:03 -0400 The Cyprus Precedent http://seekingalpha.com/article/1280611/comments?source=feed#comment-16411511 16411511 Sun, 17 Mar 2013 17:49:48 -0400 Outside The Box Logic About Why Baidu Is Not A Buy http://seekingalpha.com/article/1277291/comments?source=feed#comment-16411501 16411501 Sun, 17 Mar 2013 17:49:41 -0400 Baidu: 4 Reasons To Buy On The Dip http://seekingalpha.com/article/1276041/comments?source=feed#comment-16411491 16411491
Remember Dang, E-Commerce: $35/share in Nov 2011; $3.80/share today.

CSUN, Chinasunergy: $58/share in 2008; $1.40/share today.

CAAS, China Auto: $18/share 2004; $5.5/share today, after a low of $2.5/share.

The problem in China is the same as it is all over the world. A huge debt bubble that needs to pop, which will bring everything in the world back to ground zero.]]> Sun, 17 Mar 2013 17:49:34 -0400
Remember Dang, E-Commerce: $35/share in Nov 2011; $3.80/share today.

CSUN, Chinasunergy: $58/share in 2008; $1.40/share today.

CAAS, China Auto: $18/share 2004; $5.5/share today, after a low of $2.5/share.

The problem in China is the same as it is all over the world. A huge debt bubble that needs to pop, which will bring everything in the world back to ground zero.]]> Cyprus's parliament is due to convene this afternoon to debate an astonishing eurozone demand that it tax all bank deposits at up to 10% in return for a €10B bailout. While approval is not guaranteed, Cypriots rushed to take as much money as allowed out of ATMs. And although EU Commissioner Olli Rehn ruled out a deposit raid in other eurozone countries, menacingly for savers, eurogroup chief Jeroen Dijsselbloem would not. "We are in a new world," says an economist. Update: The parliamentary debate has been postponed until tomorrow. http://seekingalpha.com/currents/post/892541?source=feed#comment-16408271 16408271
Clearly, those under $100,000 Euros are not mafiosos. This is how the governments steal all the money they can get their hands on.]]> Sun, 17 Mar 2013 16:32:06 -0400
Clearly, those under $100,000 Euros are not mafiosos. This is how the governments steal all the money they can get their hands on.]]> Is Greenspan Sealing The Market's Fate? http://seekingalpha.com/article/1280561/comments?source=feed#comment-16391471 16391471
As soon as everyone begins to think there is only one way to go then we are very near the end of the trend.]]> Sun, 17 Mar 2013 06:28:04 -0400
As soon as everyone begins to think there is only one way to go then we are very near the end of the trend.]]> Apple: $420 A Share Could Have Marked The Bottom http://seekingalpha.com/article/1280531/comments?source=feed#comment-16391221 16391221
I think Apple's going lower. I'm watching it carefully; because I also want to buy it. I want to buy GOLD too. But it's too early for both still.]]> Sun, 17 Mar 2013 06:17:00 -0400
I think Apple's going lower. I'm watching it carefully; because I also want to buy it. I want to buy GOLD too. But it's too early for both still.]]> Mar. Reuters/UofM Consumer Sentiment: 71.8 vs. 77.5 expected and 77.6 prior. http://seekingalpha.com/currents/post/891231?source=feed#comment-16361331 16361331 Sat, 16 Mar 2013 06:53:59 -0400 Is The Dollar Back? If So, For How Long? Is the Answer Energy Dependent? http://seekingalpha.com/article/1276361/comments?source=feed#comment-16328841 16328841 Fri, 15 Mar 2013 11:25:13 -0400 Is The Dollar Back? If So, For How Long? Is the Answer Energy Dependent? http://seekingalpha.com/article/1276361/comments?source=feed#comment-16328821 16328821
What does the Dollar strength also do? It causes Chinese stocks to crash. Check out this instablog, and especially note the inverse relationship of Chinese stocks and indexes at the bottom of the report.

http://bit.ly/LfW9VY]]> Fri, 15 Mar 2013 11:24:57 -0400
What does the Dollar strength also do? It causes Chinese stocks to crash. Check out this instablog, and especially note the inverse relationship of Chinese stocks and indexes at the bottom of the report.

http://bit.ly/LfW9VY]]> An Update On My Chinese 'Canaries' http://seekingalpha.com/article/1246521/comments?source=feed#comment-16327481 16327481
Take a look:

http://bit.ly/LfW9VY]]> Fri, 15 Mar 2013 11:01:51 -0400
Take a look:

http://bit.ly/LfW9VY]]> ARE CHINESE STOCKS CRASHING? WHAT DOES THIS TELL US ABOUT WHERE WE ARE HEADING? http://seekingalpha.com/instablog/428250-michael-clark/1649491-are-chinese-stocks-crashing-what-does-this-tell-us-about-where-we-are-heading?source=feed#comment-16310931 16310931 Fri, 15 Mar 2013 01:50:27 -0400 Baidu Is A Buy, Dude http://seekingalpha.com/article/1274061/comments?source=feed#comment-16299831 16299831
My most recent blog on China's stock price collapse doesn't mention BIDU, but it could have. See the bottom of the blog for the USDollar/China stock inverse relationship picture. BIDU is the same:

http://seekingalpha.co...]]> Thu, 14 Mar 2013 18:14:25 -0400
My most recent blog on China's stock price collapse doesn't mention BIDU, but it could have. See the bottom of the blog for the USDollar/China stock inverse relationship picture. BIDU is the same:

http://seekingalpha.co...]]> The weak 30-year auction snuffs out an attempted rally in Treasurys, with the long bond falling about a quarter-point in price, the yield now up 3 bps to 3.26%. Direct bidders forgot to show up - participation was the lowest in more than 3 years - leaving primary dealers with more than half of the sale. TLT -0.3%. http://seekingalpha.com/currents/post/889051?source=feed#comment-16286431 16286431 Thu, 14 Mar 2013 14:01:31 -0400 ARE CHINESE STOCKS CRASHING? WHAT DOES THIS TELL US ABOUT WHERE WE ARE HEADING? http://seekingalpha.com/instablog/428250-michael-clark/1649491-are-chinese-stocks-crashing-what-does-this-tell-us-about-where-we-are-heading?source=feed#comment-16278941 16278941
China has a huge credit bubble to deal with.]]> Thu, 14 Mar 2013 11:54:22 -0400
China has a huge credit bubble to deal with.]]>