RBS Predicts Global Market Crash: What's In It for Them? [View article]
I thought Bob Janjuah (or may be the author) is in a panic mode more then Fed. Fed probably should do nothing by end of the year. To lower the rate ? Econmy won't come back. To raise the rate ? High oil price is already a hard brake on the growth, why need a rate hike ?
This is election year. Everything is expected. Inflation is a built-in ingredient in capitalism. No one likes recession. However, the real correction will come in 2010, the second year of presidential term. Dow will be 18000 at that time. In the mean time, lets keep on printing the money and enjoy the life.
Read Between Bernanke's Lines: Things Are Going To Get Worse [View article]
> There is no more money "in reserve" at the Reserve
Don't understand this. The money is printed without any reserve. When people needs money, just print it. When market flood with money, inflation and averge income rise too. When US dollar drops another 50%, average income rise 50% and milk will sell for $10/gallon. And guess what, budget deficit will be easy to deal with. Currently, we have $9 trillion with average income $40k. In the future, we will have $9 trillion (please elect the president that will not spend more then revenue !! ) paid by average income $80k.
1990 fall is because of 2nd year of election cycle. President had free hand to fix the credit crunch in 2nd year. Current problem is likely to be delayed by lower interest rate. If the current problem is allowed to continue, 80% of Republican will be removed from Washington. They won't do that.
U.S. National Debt Level at Record High [View article]
To cut budget, there must be layoff in Government. People laid off won't elect the one who proposed the budget cutting. Nothing can be done and will be done in budge deficit, besides stopping the cowboy war.
Preparing For Some Defensive Portfolio Adjustments [View article]
Is it too late ? When we have big profit at SPX of 1550, we should buy SDS to protect the profit. Now is the time to sell SDS and gradually add SSO position as SPX moves further down. We have 12 reasons to be bullished anyway, as one commentator described in this board weeks ago, the market will eventually go back up. I believe many people are doing this, that is why we have seen record of short seller in NYSE several weeks ago. Someone mistakenly believes that is one of the bullish sign. Experience leaned is that whenever someone says "12 reasons to be bull", it is time to buy SDS.
RBS Predicts Global Market Crash: What's In It for Them? [View article]
Jim Grant on Fed Monetary Policy [View article]
To Short or Not to Short [View article]
Look finance.yahoo.com/q/hp...
Isn't it supposed to short and pay dividend to others ?
Fed Cuts to 3% [View article]
The Fed's Lose-Lose Decision [View article]
Market Indices In Free Fall [View article]
Read Between Bernanke's Lines: Things Are Going To Get Worse [View article]
Don't understand this. The money is printed without any reserve. When people needs money, just print it. When market flood with money, inflation and averge income rise too. When US dollar drops another 50%, average income rise 50% and milk will sell for $10/gallon. And guess what, budget deficit will be easy to deal with. Currently, we have $9 trillion with average income $40k. In the future, we will have $9 trillion (please elect the president that will not spend more then revenue !! ) paid by average income $80k.
1989 Credit Crunch Redux [View article]
U.S. National Debt Level at Record High [View article]
Thursday Was Reversal Day [View article]
Buybacks: A Wolf In Sheep's Clothing [View article]
Still Cautious, Despite Soaring Stocks [View article]
Preparing For Some Defensive Portfolio Adjustments [View article]
When we have big profit at SPX of 1550, we should buy SDS to protect the profit.
Now is the time to sell SDS and gradually add SSO position as SPX moves further down. We have 12 reasons to be bullished anyway, as one commentator described in this board weeks ago, the market will eventually go back up.
I believe many people are doing this, that is why we have seen record of short seller in NYSE several weeks ago. Someone mistakenly believes that is one of the bullish sign.
Experience leaned is that whenever someone says "12 reasons to be bull", it is time to buy SDS.
Singin' In the Rain: Expecting a Bullish April [View article]