Archives 6/18/09

Red Herrings: False Signs of an Economic Rebound
Good article

Obama: Government's role is to unleash creativity in markets

He means creative destruction? A return to the 'inflate-your-way-to-prosperity' bubble economics of zero percent interest rates?

Liz Ann Sonders Is Wrong: U.S. Economy Not Bottoming, TrimTabs' Biderman Says


Busch: Back to the 1930s
Um yea...but in the 30's politicians actually did what they said.

Has Oil Peaked?
Then why is it still above $70? I'm tired of funding these quasi-dictators with petro dollars. Solution: More investment in alternative energy.

Five Reasons Not to Be a Gold Bug
Nonsense.

S&P Watch: Dramatic Shift for 200-Day Moving Average?
I woudn't read too much into this. IMHO, moving averages are of little predictive value.

Will China Drop U.S. Debt? Unlikely
We're forfeiting our economic sovereignty to prop up the stock market & economy. Awesome!

7 Ways to Save on Gas
Good tips, but fails to address the greater problem of why gas & oil are so expensive to begin with.

The Wall Street Journal Glosses Over the Pitfalls of Credit Default Swaps
It's because the wall street journal is run by neocons - the same peopel who got us into this mess. What would you expect?

Individual Investors Not Fueling Recent Rally, Expert Says
Well, Einstein something is bididng up the markets. And whatever it is isn't sustainbale.

Pros Say: ‘Months Away’ From a Turnaround
Despite macro economic gloominess I would not be surprised to see the SPX retest 1200 in the short term before eventually retesting March lows.

BRIC Summit Sees End of Dominance of U.S. Dollar

The dollar has been dying since 911, and it will remain that way.

Sorry, America, The Financial Overhaul Will Probably Fail
No shit...

Market Shifting from the Twilight Zone to the Danger Zone
i agree that the bailouts and stimulus are ineffectual, but now is not the time to short.

How's Our Bear Market Doing?
Just when we get some selling the wallstreet asshats keep bidding it back up. Don't short this market yet.

Market Tips: Pullback Coming for Oil, Gold
Can we speed up the pullback, please? Why is oil at $71 in what is the deepest recession since the 30's? Outrage anyone?

Expect Markets to Have a W-Shaped Recovery
Nah...make that a 'w' without the right sided slope.

What now for the dollar?
Lower...duh

Fifty Best Tech Startups
This proves that this 'small business creates jobs' platititude is just a bunch of BS. How many jobs could these tiny start ups create? 50? 200? What difference would it make if multinationals are shipping thousands of jobs overseas every year? Even small businesses outsource heavily.

Obama plan doesn't solve all the problems
heh heh...it doesn't solve ANY problems...

The BRICs: An Analysis
It all comes down to commodities. Affordble energy and food is good for Americans, but bad for BRIC and globalist elite.

Reappoint Bernanke, He's a 'National Hero': Welch
But it was free market neocons like yourself that helped create the crisis in the FIRST PLACE.

Returning to Their Old Habits
I cound't agree more. I guess no lessons were learned, but honestly, does this come as a surprise?

New Normal: Living With a Pay Cut
Apparently banks get bailouts, but average Americans don't. Where's the outrage?

Market Outlook: Bulls Losing Momentum?
This call may be premature. Long term very bearish, but short term bullish.

Dreamy JP Morgan Strategist Already Talking About A New Market High
This is why I refuse to short. Too many people actually believe this recovery BS and therefore keep bidding the market higher.

Gas rises 50 days in a row
it's 2002-2008 all over again! So much for 'change'. Awesome! I love hyperinflation and jobless recoveries. Just keep buying stocks.

A Second Great Depression?
I'm predicting years of nearly stagnant GDP growth. A very long 'L' recession.

OPINION: Commodity speculation must be regulated
I concur. It makes no sense how oil is trading at 71 in the worst recesison since the 30's. The little people continue to be squeezed.

Stock Market Rally Following 1931 Bear Crash Pattern
Although the markets are set to fall much further, this reversal may not come as soon as many bears would like. When it becomes evident quantitative easing is failing-look out below.

Earnings indigestion could stall rally
What will end this rally is a mass realization that you can't inflate your way to prosperity.

Will Markets Retreat 10 Percent -- or More?
10%? Nope. More like 60%. We're still undergoing de-leveraging after 25 years of asset inflation and bubble economics.

Apple May Sell 500,000 New IPhones in First Weekend
Alteast you'll have a cool gadget to fiddle with as you stand in the unemployment line. Sweet.

Why Smart Traders Are Short the Market
In the very long term the market is a great short, but for now the bulls are firmly in control. Not the time to short.

Top 12 Indicators That the Economy Is Still Bad
Actually, deflationary forces shuld be encouraged. It means cheaper energy & food prices, and wages that don't substantially lag inflation.

What a Strong Stocks Bull Market Looks Like
Agree. Gold is still a good investment.

U.S. Stocks to Resume Bear-Market Rally Soon, Prechter Says
I concur. Too many people still believe this green shoots bologna and will keep bidding the market higher for the forseeable future.

Americans Deleveraging: One in Three Has Reduced Debt
Hopefully that number will rise to 95%...This 25 year consumption/debt bubble is coming to an end.

What's missing from Obama's financial reforms
Good luck with that. Nothing will change. It's 2002-2007 all over again.



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