August 29, 2009

Bull. Bear. Keyboard Cat.

Bull:




Bear:



Keyboard Cat:

17 comments:

Anonymous said...

So GREAT to have you back Keith!!!! There's almost too much for us HP'ers to chew on, but I love you being back! Hope your sojourn to the non-connected world was a wonderful one, but we love you back!

Anonymous said...

What to do?, can it keeping going up. I find it hard to believe that it can continue upward after the best growth in 70 plus years. But who knows ? Nothing has changed, but lots of money from MF going in and now that has to be about empty. I got my finger on the button to sell if it looks like its heading down.

edgar said...

Hello Keefer. Sorry, I don't watch msm vids.

lost child said...

Everyone and their brother has stop loss orders in.When this puppy blows there will be a shitload of sell orders.What do you guys think about dipping back into SKF?

Went2puke said...

Anon said: "I got my finger on the button to sell if it looks like its heading down."

There are too many faster guns in this Wall-Street Wild West! You're not the only one with your finger on the trigger. Chances are that by the time you push the button, your money would have already evaporated.
The only thing you can do right about now is to keep your fingers crossed and forget about that button!
Good luck!

long beach,ca said...

i have become comfortably numb ...
are you back from vacation now?
my stock holdings has gone up $20,000 since march. i remember a prediction you made about inflation and stocks going up in worthless dollars.... waiting for that to happen ...

Anonymous said...

It must have been an an embarrassig moment for the that man on the Cat video to feel like he is passing out on TV. Then the cat comes on!

rich in fl

Anonymous said...

The market is so obviously rigged and a tool for the elite insiders to fleece those stupid enough to eat at that trough . How can you win when you are playing against corrupt people with inside information . The whole thing will come down faster than you can push any button your greed will simply keep you in the game to long it will also blind you to what is going on . Just look at history or even the housing frenzy ,everyone and his uncle flipping and making money . They all sensed something was wrong . And then the music stopped . Greed blinds you !

Anonymous said...

Everyone and their brother has stop loss orders in.When this puppy blows there will be a shitload of sell orders.What do you guys think about dipping back into SKF?

These leveraged ETFs are very innefficient. Wait until you see the trend, get in, make profit and get out. You can lose your ass holding SKF, FAZ, SRS, etc. Compare them to their leveraged counterparts (ie FAZ vs FAS) and holding them long term loses money long or short.

investorinpa said...

This rally still has some legs to go. If you read Harry S. Dent's book, he predicted earlier in the year when the Dow was at 6800 that it would rally up to 10,200 to 10,400 by late summer/early fall. The market has done completely opposite of the "Sell in May and go away" refrain that is so commonly heard.

http://contraryriches.blogspot.com/2009/08/bear-market-rally-new-bull-market.html

alex3191 said...

Fed desperately trying to inflate the stock-bubble to cover the previous real-estate bubble like a short term panacea. Therefore an audit is in order and hopefully the results won't be cloaked under national security. But that is a small chance ( to be audited). I dont have a dog in this fight - so i would say KEEP ON GROWING. Look but dont touch :)
Shitcago sux anyways.

keith said...

I trust Keyboard Cat more than the other two by the way...

Anonymous said...

What do investors know that you don't know.

http://www.marketwatch.com/story
/report-investors-pulling-out-of-
cerberus-2009-08-30

In the nine months ended June 30, investors yanked $300 billion from hedge funds, leading to a sharp decline in an industry that had grown to hold about $1.9 trillion in assets in 2007, according to Hedge Fund Research.

Anonymous said...

Option ARM - Something got to give

http://en.mercopress.com/2009/08
/13/a-second-bubble-us-homeowners-
face-mortgage-debts-higher-
than-house-value

Let say that the average loan amount was $750 billion/500,000 or $1.5 million.

With 58% of the $750 billion in California

Las Vegas and parts of Florida and California will see 90% or more of their loans underwater by 2011

http://www.upi.com/Business_News
/2009/08/26/Resetting-option-
ARMs-loom-as-threat/UPI-
63721251321358/

$750 billion in option ARMs were issued from 2004 to 2007

More than 500,000 "option ARM" mortgages are scheduled to reset in the next four years

http://www.marketoracle.co.uk
/images/2009/May/mm10-31.png

The statistics support the anecdotal evidence; the divide between jumbo prime delinquency rates, currently over 7%, and conforming prime delinquency rates, which have yet to hit 5%, is growing. Remarkably, the jumbo prime delinquency rate shown in the article excludes option arms which would pull the delinquency rate even higher.

Given growing inventories, higher delinquency rates, tight financing, and changing attitudes among buyers, it seems inevitable that the higher end is due for more price "adjustments" (and not higher.)

http://www.huliq.com/1/84462
/expensive-homes-miss-out-
housing-rebound

I lost my ass in real estate said...

It's different this time.My realtor told me to buy a home because real esate always bounces back.I asked him about all the foreclosures and he said not to worry.The banks are getting money from the govt to cover the losses.Things will be back to normal soon.

ContraryRiches said...

Actually, the best indicator of an uptick in the economy may be to look at men's underwear sales! http://contraryriches.blogspot.com/2009/08/underwear-indicator.html

WeJamEcono said...

"The only thing you can do right about now is to keep your fingers crossed and forget about that button!"

or he could sell now.