Does anyone have any thoughts about the market after the two day futures led jam fest? I still think people are in denial and the trend is down. Oil and Gold are going to head lower and that should help drag the spx with it. Without rising asset prices it is game over. It wont long until massive fraud is revealed in housing/ mortgage industry. There are probably some hedge fund frauds that will come out soon too. Remember growth covers up everything.
Be careful of the doomsday asset deflationary scenario. Such a theory has wiped-out more than one stubborn trader who got in the way . . . In otherwords, stay nimble and just TRADE!
Im not implying a doomsday scenario. Besides, we have mr. deflation himself as our new fed chair. That doesnt mean there cant be a considerable drop in all assets worldwide. I do agree with Heli Ben that a lot of demand for goods is because of rising asset prices. Would it be far to say that when the Nasdaq collapsed that demand collapsed at least for a while? The one thing no one has been able to answer is what is going to replace the housing bubble to generate growth? We know its not income.
Just put Landis82 on ignore, he has made 10 post here and every post he has tried to insult someone. Seems from his postings he has an inferiority complex. He likes to insult, but when he is insulted he crys like a little girl, and calls folks a moron. I am so thankful for the ignore feature.
Pabst is better than a VIX spike. The dude has marked every low for the last 18 months. It's my great hope that he's not deterred from his ...er..um ....calls. Search tells the tale.
His timing may be a little off, but I believe he is correct. Apparently the market does as well or we wouldn't see large flows of money into drugs, foods, tabacco, and consumer staples.
And you sound like a standard sheep. It's not a conspiracy, because the information is not hidden, it's all out there. The government economic numbers are not a conspiracy nor lies, everything is notated, yet the sheep refuse to see what a crock of sh* t those numbers are once you acknowledge the statistical voodoo. Lobbying firms are not conspirators, they are easily available to any corporation, even listed in the yellow pages. There are no secrets about how big business controls the government, the sheep are simply fleeced so well, they dont bother to see or are too busy being distracted by reality TV, the media, the next Ipod or the next Hollywood movie. The electric car technology is out there, there are quite a number of converted electric vechiles that run like magic, beautiful classic race cars that run better than ever. The AC you say, well yes, if you use the old innefficient model. If you wanna drain the car battery go ahead, so maybe you will get 30-40 roundtrip. You must have an interstate commute to need more than that on a daily basis. Regardless, if you think efficiency in cars, you look toward efficient use of energy, such as efficient ventiliation & AC systems, as well as PV thin film to gather energy. BTW, at every public reststop, there is a recharge station for electric vechiles, imagine the potential if there is an actual move toward adjusting the infrastructure. I personally met and spoke with the CEO and founder of one of the upcoming inverter companies. He is a big proponent of electric vechiles. Before he started making the inverters, he was very serious and dedicated to making electric vechiles happen. After a while he just gave up, and the reasons were not because of marketing and lack of possible demand. Mysterious forces, is the best way to put it. GM has not made a single real innovation in the basics of the automobile engine designs. There are essentially the same cars as always, innefficient, gas guzzling, high wear and tear vechiles. More horsepower and electronic gadgets, those have changed but besides that, the core of the moving parts & the engine is essentially the same it was 50 years ago. Consumerism & growth is the answer, why sell a car that the most owners will keep for at least 10-20 years, when you can pump out cars that are sure to be replaced in 5-10 years. This is the same mentality big pharma has, why make cures and make a one time sale when you can make treatments that create repeat customers & growing repeat sales. It's standard across the board, look at consumer electronics, few American companies make anything that has a decent lifespan, they are always pumping out the new hot thing to keep the sales going as their previous models break in a couple years. Corporations have to keep growing or else they are failing the shareholders, their job is not to avoid being wasteful or to conserve natural resources through highly efficient engineering & workmanship. Educate yourself, why is Bush pumping up corn ethanol when it takes just as much energy & pollution to make it as it saves. Why not put the Federal funds toward solar & wind, like England, Germany & Japan have done. Because Archer Daniels likes the free money and apparently their lobbyists are pretty good at what they do. Corn industry is very big in this country, along with wheat (also ADM) and soybean. There is no need for simple bribes or kickbacks among the big boys, everything is much more sophisticated now, to the point where the average person's logic & reasoning is not up to par to bother researching even if the information is not that hard to find. Just think how many people think that the Fed is a government institutions just because of the word "Federal". USSR high end officials have always commented that no matter the propaganda, restrictions & policing, they could never compare to how USA is able to manipulate their population through some of the most advanced methods ever conceived.
Ahhh....yes, quite right. It's obvious his "timing" is off. But apparently by the content of his non-political posts, he endeavors some directional prowess. Of course I don't begrudge him for it. In fact, I hope he continues with great enthusiasm.