Am I missing something or are you rooting for a recession?
This poster just really likes drawing attention to themself when he/she gets a prediction right. In other words, he/she is boasting and that's the reason for the excitement.
The only people we should try to get even with...
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
This poster just really likes drawing attention to themself when he/she gets a prediction right. In other words, he/she is boasting and that's the reason for the excitement.
Yeah, the OP is an egomaniacle ass.
If I was to smile and I held out my hand
If I opened it now would you not understand?
isn't this thread kinda the definition of a chat room conversation? just curious.
minus the title addressing someone, which was deliberate since it was 8:30 in the morning and was intended as a "rude awakening", how are the contents in this thread any different than all the other threads on here?
Besides several of you, obviously confused, asking if it is a private conversation?
I think the only thing making you say this, is that nobody else seems to have anything relevant to toss in the ring.
Why don't you go read a macroeconomics book and join the debate, instead of criticizing it?
ok, just kidding. Macroeconomics is HORRIBLY boring bullshit.
If I was to smile and I held out my hand
If I opened it now would you not understand?
I like reading about economics. Mostly because I used to be so ignorant about it, and it affects everything and everyone to their core of existence.
Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
1. Did the market "freak out"?
2. Was the decline, as measured in percentages, "significant" ?
3. is SIV containment theory valid?
4. is this a "correction"?
5. will we see a rally next week?
the only one i will answer is 5.
Not really. She may attempt an advance on monday, but it will probably fade. Tuesday, Redbook (retail sales) numbers and pending home sales numbers will be bad (maybe not worse than expected, but not good) and the market will slide again. A whole SLEW of bad reports will probably stink up the street on thursday .... jobless claims, wholesale and chain store numbers all of which will probably stink. Maybe some bomb shell about inflation out of the bank of england (not a bombshell to me, but maybe for those with pie in the sky hopes) ... etc.
MAYBE a rally on friday following international trade #s.
But it could be a crash as well.
ALL IN ALL,
THE NEW YEAR IS SUCKING FOR BULLS.
:(
If I was to smile and I held out my hand
If I opened it now would you not understand?
3.77% you meant. and get ready for a rate cut at next meeting. o this is fun stuff.
you mean get ready for .25 pt cut and a ensuing crash on wallstreet because they some how thought the fed would solve all their ills and it failed to, because it can't?
these rate cuts do nothing for us, at this point.
imho.
this is no longer a credit problem.
its a market problem, and a general economic malaise.
we could cut the rate down to 2% for the next 4 months, and i'm not sure we'd see anything really productive happen. Just a bunch of mal-investment.
But thats just this young bear talkin.
If I was to smile and I held out my hand
If I opened it now would you not understand?
I'm with you drifting i think America and the UK are heading for a recession, i said this 6 months ago. I'm intrigued to see what happens as theres so much more for people lose now as every man and his dog seems to be in debt these days.
Keep on rockin in the free world!!!!
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.
HOW TO FIX THE US ECONOMY & FINANCIAL SYSTEM:
#1 dismantle the US Federal Reserve
If only there were a candidate talking about this for the past 20 years people could vote for in the upcoming election.
That would be a godsend.
Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
Yes but does the average joe in the street even understand whats happening.
Keep on rockin in the free world!!!!
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.
Yes but does the average joe in the street even understand whats happening.
The "average joe" sitting in the Senate Committee On Finance or the U.S House of Representatives Committee On Ways & Means doesn't even understand what the fuck is going on.
Ron Paul says in Freedom To Fascism that hes talked to members who still think we have dollars backed by gold, and get confused when told that they aren't.
:rolleyes:
If I was to smile and I held out my hand
If I opened it now would you not understand?
Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
If you're walking on the traintracks and you say..
"we're going to get hit by a train if we continue to walk on the tracks."
you are made to feel like an asshole because they dissmiss you as a "pessimist"
If you're walking on the traintracks and you finally get hit by a train and you say....
"see, I told you you would get hit by a train."
you are made to feel like an asshole because you must have been "rooting" to be hit by a train.
you just can't win.
dude, it had nothing do with liberal or conservative...it was a question.
The exclamation points and smiley faces sure made it look like he was rooting for a recession. He later clarified that he indeed stood to make some money off the falling market which, in a way, means that he was rooting for a recession.
"Worse than traitors in arms are the men who pretend loyalty to the flag, feast and fatten on the misfortunes of the nation while patriotic blood is crimsoning the plains." -- Abraham Lincoln
dude, it had nothing do with liberal or conservative...it was a question.
The exclamation points and smiley faces sure made it look like he was rooting for a recession. He later clarified that he indeed stood to make some money off the falling market which, in a way, means that he was rooting for a recession.
lighten up francis. Maybe he works in a soup kitchen.
GOLD IS GOING TO BE AT $1000 IN TWO MONTHS.
Mark my words.
$900 by end of January, EASY.
Hell, probably $900 by end of NEXT WEEK.
Hope you started buying it two years ago when it was like 300... people in the gold world see a 20 year bull market, some even say 5,000 can be reached
nice to see a rebound after some tough news. the world really isnt going to end
lol.
cause i was staring at a ticker screen all day!
Um.
Yes.
Bernanke spoke, or rather his talking points were leaked an hour before he spoke, and the market SHOT UP a whopping .... er ... what was it jlew ... .25% .5%
?
And then quickly faded.
Even touched a bit of negative.
BUT
THEN
after his actual speech wishy-washed the market with his baffling Fed-ese langauge, the market got SAVED AGAIN ... by the news that Bank of America was CONSIDERING buying Countrywide.
All in all pretty WEAK good news.
All Bernanke said was basicaly this:
The market is in BAD shape.
We KNOW its bad.
We hope YOU know that WE know that the market is bad.
The market knows this to.
WE know that the market wants us to do a lot.
WE want the market to know that WE know that.
The market knows that we know,
but waits empatiently for us to actualy act on what THEY know that WE know.
WE know this too, but WE will be very slow in our move to act on what the market wants.
The market wants a lot.
It has priced in a lot.
We know this.
We may give it what it wants,
we may not.
But know this: we KNOW what it wants.
But we ALSO know that it won't really help right now.
Did you know that?
Well, the market probably knows this, but they want that big fat rate cut now anyway.
We know this. We are thinking about it.
We may even do it, but then again, who can say, we have to be very careful. You know this is tricky business.
So what am i up here speaking for?
Well, basicaly i wanted to telly you what you already know.
The market is in bad shape. It wants us to work, and we want it to work. But don't get your hopes up too much, because we will probably just barely give you what you already expect but not what you really want, so if its already priced in already, will what we really do 2 months from now really help the market? Well, maybe or maybe not, but in the short term, it probably wont.
:rolleyes:
seriously.
didn't you almost cry listening to him speak?
Hell, HE sounded like HE wanted to cry.
His voice was all shakey.
I think i actualy saw him look to the sidestage to see if his mother was around to comfort him!
Oh.
You said GOOD NEWS?
THE GOOD NEWS: Bernanke managed to shoot gold up another 10 points to 994!
Gold at 994? HELL. GOOD NEWS!
:rolleyes:
Get ready for lots more inflation this year.
Gas will go way up, and your dollar will lose more value. Actualy it's just your dollar losing value. The rest is a big sad illusion.
Ok.
to be fair, Dow still up 119. but i mean, not really all that much love and flowers considering all the "good" news she got today.
Notice how futures just sold off from the high like crazy.
If I was to smile and I held out my hand
If I opened it now would you not understand?
good news yesterday,
and still the market fades.
can't break any higher.
all gains from yesterday (dow) gone.
Gold at 900
Euro about to break 1.50 with Dollar.
If it does, watch out dollar. The chart says "bye bye".
good news?
no.
If I was to smile and I held out my hand
If I opened it now would you not understand?
Comments
This poster just really likes drawing attention to themself when he/she gets a prediction right. In other words, he/she is boasting and that's the reason for the excitement.
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
Yeah, the OP is an egomaniacle ass.
If I opened it now would you not understand?
"Obama's main opponent in this election on November 4th (was) not John McCain, it (was) ignorance."~Michael Moore
"i'm feeling kinda righteous right now. with my badass motherfuckin' ukulele!"
~ed, 8/7
minus the title addressing someone, which was deliberate since it was 8:30 in the morning and was intended as a "rude awakening", how are the contents in this thread any different than all the other threads on here?
Besides several of you, obviously confused, asking if it is a private conversation?
I think the only thing making you say this, is that nobody else seems to have anything relevant to toss in the ring.
Why don't you go read a macroeconomics book and join the debate, instead of criticizing it?
ok, just kidding. Macroeconomics is HORRIBLY boring bullshit.
If I opened it now would you not understand?
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
1. Did the market "freak out"?
2. Was the decline, as measured in percentages, "significant" ?
3. is SIV containment theory valid?
4. is this a "correction"?
5. will we see a rally next week?
the only one i will answer is 5.
Not really. She may attempt an advance on monday, but it will probably fade. Tuesday, Redbook (retail sales) numbers and pending home sales numbers will be bad (maybe not worse than expected, but not good) and the market will slide again. A whole SLEW of bad reports will probably stink up the street on thursday .... jobless claims, wholesale and chain store numbers all of which will probably stink. Maybe some bomb shell about inflation out of the bank of england (not a bombshell to me, but maybe for those with pie in the sky hopes) ... etc.
MAYBE a rally on friday following international trade #s.
But it could be a crash as well.
ALL IN ALL,
THE NEW YEAR IS SUCKING FOR BULLS.
:(
If I opened it now would you not understand?
much GOOD news, you meant?
Nasdaq down 4%, huh.
yikes.
If I opened it now would you not understand?
right, much good news.
3.77% you meant. and get ready for a rate cut at next meeting. o this is fun stuff.
you mean get ready for .25 pt cut and a ensuing crash on wallstreet because they some how thought the fed would solve all their ills and it failed to, because it can't?
these rate cuts do nothing for us, at this point.
imho.
this is no longer a credit problem.
its a market problem, and a general economic malaise.
we could cut the rate down to 2% for the next 4 months, and i'm not sure we'd see anything really productive happen. Just a bunch of mal-investment.
But thats just this young bear talkin.
If I opened it now would you not understand?
great article!
READ THIS AND BECOME LITERATE IN ALL THAT IS WALLSTREET AND THE AMERICAN DOLLAR SEX SCANDAL.
If I opened it now would you not understand?
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.
#1 dismantle the US Federal Reserve
If only there were a candidate talking about this for the past 20 years people could vote for in the upcoming election.
That would be a godsend.
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
The economy has polarized to the point where the wealthiest 10% now own 85% of the nation’s wealth. Never before have the bottom 90% been so highly indebted, so dependent on the wealthy.
The "average joe" sitting in the Senate Committee On Finance or the U.S House of Representatives Committee On Ways & Means doesn't even understand what the fuck is going on.
Ron Paul says in Freedom To Fascism that hes talked to members who still think we have dollars backed by gold, and get confused when told that they aren't.
:rolleyes:
If I opened it now would you not understand?
Nothing to do with ole GW speaking right now really,
but confidence, shall we say, is not there.
:(
Lookin' like a mini-bust today.
?
If I opened it now would you not understand?
http://quote.fool.com/chart.aspx?s=NWS&q=l&l=off&t=5d
.
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
EVERYone takin a wizz, roland.
The market is DOWN.
All of it.
:(
If I opened it now would you not understand?
this is why it really sucks to be a liberal.
If you're walking on the traintracks and you say..
"we're going to get hit by a train if we continue to walk on the tracks."
you are made to feel like an asshole because they dissmiss you as a "pessimist"
If you're walking on the traintracks and you finally get hit by a train and you say....
"see, I told you you would get hit by a train."
you are made to feel like an asshole because you must have been "rooting" to be hit by a train.
you just can't win.
Yup. and she just broke the low too.
put up a good fight with a mini-rally but then slammed back through the floor.
not good folks.
and the bad news comes out TOMORROW.
:eek:
If I opened it now would you not understand?
dude, it had nothing do with liberal or conservative...it was a question.
The exclamation points and smiley faces sure made it look like he was rooting for a recession. He later clarified that he indeed stood to make some money off the falling market which, in a way, means that he was rooting for a recession.
no.
it means in a way i stood to make some money.
please note, from original post:
SEE THAT FROWN?
If I opened it now would you not understand?
lighten up francis. Maybe he works in a soup kitchen.
Hope you started buying it two years ago when it was like 300... people in the gold world see a 20 year bull market, some even say 5,000 can be reached
Grab silver while you can, could reach 70...
http://finance.yahoo.com/q?s=%5EIXIC
nice to see a rebound after some tough news. the world really isnt going to end
lol.
cause i was staring at a ticker screen all day!
Um.
Yes.
Bernanke spoke, or rather his talking points were leaked an hour before he spoke, and the market SHOT UP a whopping .... er ... what was it jlew ... .25% .5%
?
And then quickly faded.
Even touched a bit of negative.
BUT
THEN
after his actual speech wishy-washed the market with his baffling Fed-ese langauge, the market got SAVED AGAIN ... by the news that Bank of America was CONSIDERING buying Countrywide.
All in all pretty WEAK good news.
All Bernanke said was basicaly this:
The market is in BAD shape.
We KNOW its bad.
We hope YOU know that WE know that the market is bad.
The market knows this to.
WE know that the market wants us to do a lot.
WE want the market to know that WE know that.
The market knows that we know,
but waits empatiently for us to actualy act on what THEY know that WE know.
WE know this too, but WE will be very slow in our move to act on what the market wants.
The market wants a lot.
It has priced in a lot.
We know this.
We may give it what it wants,
we may not.
But know this: we KNOW what it wants.
But we ALSO know that it won't really help right now.
Did you know that?
Well, the market probably knows this, but they want that big fat rate cut now anyway.
We know this. We are thinking about it.
We may even do it, but then again, who can say, we have to be very careful. You know this is tricky business.
So what am i up here speaking for?
Well, basicaly i wanted to telly you what you already know.
The market is in bad shape. It wants us to work, and we want it to work. But don't get your hopes up too much, because we will probably just barely give you what you already expect but not what you really want, so if its already priced in already, will what we really do 2 months from now really help the market? Well, maybe or maybe not, but in the short term, it probably wont.
:rolleyes:
seriously.
didn't you almost cry listening to him speak?
Hell, HE sounded like HE wanted to cry.
His voice was all shakey.
I think i actualy saw him look to the sidestage to see if his mother was around to comfort him!
Oh.
You said GOOD NEWS?
THE GOOD NEWS: Bernanke managed to shoot gold up another 10 points to 994!
Gold at 994? HELL. GOOD NEWS!
:rolleyes:
Get ready for lots more inflation this year.
Gas will go way up, and your dollar will lose more value. Actualy it's just your dollar losing value. The rest is a big sad illusion.
Ok.
to be fair, Dow still up 119. but i mean, not really all that much love and flowers considering all the "good" news she got today.
Notice how futures just sold off from the high like crazy.
If I opened it now would you not understand?
and still the market fades.
can't break any higher.
all gains from yesterday (dow) gone.
Gold at 900
Euro about to break 1.50 with Dollar.
If it does, watch out dollar. The chart says "bye bye".
good news?
no.
If I opened it now would you not understand?
and then today we are down 250 on NO news?
:(
If I opened it now would you not understand?