A politically incorrect pamphlet hitting on all the unspeakable stuff: Politics. Economics. Fiscal Policy. Foreign Policy. Moral Issues. Culture. Investments. Religion. Humor. Life.
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!
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.
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?
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!
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 ...
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 !
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.
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.
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.
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.
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.)
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.
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
PerpWalkWatch - # of Hours New AG Eric Holder Has Let Angelo Mozilo Run Free
Eric Holder and Barack Obama Failure to Arrest Angelo Mozilo 2862 Hours (countdown suspended 6/21/2009)
ERIC HOLDER - YOU ARE A COWARD
DO YOUR JOB
(UPDATE 6.4.09 - SEC CHARGES MOZILO WITH INSIDER TRADING. YET ERIC HOLDER STILL SITS ON HIS ASS AND DOES NOTHING)
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Summer of Rage World Tour™, Presented by Goldman Sachs
"The world is not going back to normal after the magnitude of what they have done."
- BulgariaPANIC - Riots but oddly quiet now: 2.0 - LithuaniaPANIC - Riots but oddly quiet now: 2.0 - LatviaPANIC - GOVERNMENT COLLAPSES: 3.0 - EstoniaPANIC - Pressure building: 2.0 - ThailandPANIC - Massive riots, soldiers open up with live fire, government about to collapse - 5.0 - UkrainePANIC - Economy tanking, protests building ahead of vote - 2.0 - IrelandPANIC - 100,000 protest, bank takeover, default possible, no violence: 3.0 -MoldovaPANIC - full scale riots, Parliament torched, government about to collapse: 5.0 - GeorgiaPANIC - full scale riots, government about to be forced out: 5.0 - IcelandPANIC - GOVERNMENT COLLAPSES: 3.0 - RomaniaPANIC - Tension: 2.0 - SpainPANIC - Credit rating cut, unemployment soaring, default rumors: 2.0 - FrancePANIC - Lots of protests, but nothing important, French have better things to do than overthrow their government: 1.0 - GreecePANIC - Scattered riots, chance of showers: 2.0 - HungaryPANIC - GOVERNMENT COLLAPSES: 4.0 - BelarusPANIC - Tension with censorship: 2.0 - UKPANIC: G20 riots quickly replaced by American Idol:1.0 - SouthKoreaPANIC - Violent protests demanding government resign: 3.0 - DubaiPANIC - Unease, soaring unemployment, crashing real estate: 3.0 - MexicoPANIC - Murders, remittances drop first time EVER, jobless illegals coming home to no jobs, troops to the borders: 3.0 - PakistanPANIC - Riots starting: 3.0 - VenezuelaPANIC - Protests: 2.0 - RussiaPANIC - Protests building but will be violently suppressed, another reporter murdered: 1.0 - ChinaPANIC - Protesters will be killed again, government in control of a weak people: 1.0 - IranPANIC - Despotic regime about to fall - Ayatollah disregarded and disrespected, streets aflame - 5.0 - AmericaPANIC - Idol on, McDonalds still open: 0.0 - BahrainPANIC - Riots break out, 10,000 Shiites rage against ruling Sunni elite: 3.0 - MadagascarPANIC - violent protests, GOVERNMENT COLLAPSES- 3.0
17 comments:
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!
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.
Hello Keefer. Sorry, I don't watch msm vids.
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?
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!
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 ...
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
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 !
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.
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
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.
I trust Keyboard Cat more than the other two by the way...
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.
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
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.
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
"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.
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