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Its a great big NADA….re-election smoke being blown here…..watch what they DO…..not what they SAY…..maybe 3% of screwed homeowners would actually benefit from this silliness …..This means nothing

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Not a THING will be done for the homeowner in the long run…..this is re-election smoke being blown up the ass of the sheeple…NOTHING has changed. Irregardless of the politico speak

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Peter Schiff is a breathe of fresh air and sanity…..he is 100% RIGHT ….Just wait !

 

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Hahahahaaa….What rate cut ?

 

Have a look at the 10 yr this morning and show me where the rate cut is ?

 

Bernanke thinks he sets the rate, he does NOT….The market does that now….All I see is a rate HIKE !!!

Trade this market at your own (very high) risk. When the clowns figure out what REALLY happened yesterday the sell off will be just as violent

[LookoutBelow]

Please tell me exactly how many people walk out of Vegas with their winnings ?

 

Double down baby…Yo Eleven !!

 

Thought so……. 

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He must've had a bad dream last night….This new found "Honesty and candidness" is laughable…..I think its a tired old man who fucked this country and the worlds economy ….Now he's trying to deal with the hate that will come from it…it is directed RIGHT at him…He is human after all and he's worried about his "Legacy" now….Sorry "Easy Al"…your a buffoon and people will piss on your grave…..You fell for your good press….Maestro, Genius and other ingenious adjectives the crooked bastards on Wall Street called you…you FELL FOR IT !!!…Now accept the shame that comes with vanity…

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I would doubt a rate cut ….. I think Greenspam is making the talk show circuit touting his new book and kinda offering an apology of sorts to the American Homeowner…… that is going to get shafted ….maybe the shafting will begin tomorrow with a rate HIKE….My opinion only

 

60/40 in my mind at this point for a hike, I have no opinion worth defending with my dollars…Im on the sidelines now…cash in bank account…MY bank account…ready, poised and waiting to see what fireworks we'll see tomorrow.

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In all reality, the FED should not have much of an impact on the market…HOWEVER !!!.…This is market is NOT reality, The FED (FOMC) has a PROFOUND effect on the market.

Some"Bears" consider this "Arson"…..Igniting a false rally

I'll leave it up to you to discover why …There are thousands upon thousands of pages digitally written on this very topic 

 

Now Get To It !! 

PS. A hint:…If you dont have an opinion on what Bernanke will do tomorrow I HIGHLY suggest you get OUT of the market and sit on the sidelines until you do…..This is a powder keg right now. 

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Its possible….but ONLY if your dealing in hundreds of billions of dollars….

Now who do we know that can do that ?…Think some VERY large hedge funds in cooperation with large trading houses who get refueled by the fed…….but I doubt it could happen as a planned event, but it doesn't mean that it WONT happen….just not by a coordinated plan anyway…In fact, that exact same scenario is already slowly occurring….look at builder stocks and try to figure out "why" they haven't crashed yet…Home builder stock bears are getting creamed over this and theyre heads are spinning as to why…..Timing, as in everything in life, is SUPER critical

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Mass transit ?…you mean like the bus ?….which is referred to as "The Loser Cruiser"…..Hahahahaaa…not a chance…Please remind me, "How many buffalo did they save for me ?"…….

I burn an ENTIRE brontosaurus in my tank EVERY week…..Im long on oil futures and short on spiders too, bring on the gas price hikes…Papa needs another Brontosaurus for the boat next week !!…LOL !!!….

This problem CANT be solved…riding around in an electric car (bullshit technology anyway) it wont make ONE bit of difference, either will riding the "Loser Cruiser"…

Someday you'll wake up one day and see its all DOOMED…enjoy yourself now, if you can afford it….the coming economy wont be so fun.

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DavidT1…..You are somewhat, in a tiny way correct in your methods of technical analysis, but ANY technical analysis is ALWAYS corrupted by the views/beliefs of the analyzer…..It is NOT a "simple mathematical calculation" at all when you add in the peculiarities of physcology of mass investors. You and NONE of your T/A cohorts can win all of the time, which would be the case if was 100% pure mathematical. Hahahaaaa…no DavidT1…its FAR from that

What you do by analyzing anything and everything "you" can think of to give you some type of edge….That is nothing more than trying to be a "Vegas card counter" in a game where the shoe contains 1 million decks of cards, or more.

If your a trend "gambler/investor" you might be a winner occasionally, but your beliefs and biased, corrupted data will eventually fail you, and if you've made a large bet on it, you'll be a LARGE loser.

If your a "scalper" then you could be a winner more than 50% of the time, but unless your dealing with capital risk investment of less than 500K, then your "earnings" couldnt raise a family or support a household.

It can be profitable some of the time, but for you to think T/A is a fool proof method of beating the street is folly. Iam willing to assume your a large margin trader….and we all know how those margin traders stories end…dont we ?…Especially now when the market turns Bear…its a helluva LOT harder to trade in a Bear market. You will see.

I would suggest you look into "black box" trading, or as its more commonly known as "Quantitative trading" (for your edification), that a few very large hedge funds use and failed…Get real DavidT1…You sitting at home in your spare bedroom in front of your desk top computer with 3 monitors "thinking you got a system thats fool proof, doesn't even compare to the GIGANTIC and incredibly expensive infrastructure they use along with the many PHD's that they employ to load and decipher data that you aren't even aware of (you cant possibly know) to predict future stock movements up or down….and maybe you could tell us how many hundreds of billions they lost the last 2 months ?

So to group everyone else into a category of "clueless" is painting with a broad brush…..

I have known many, many "supposed geniuses" like you lose EVERYTHING they own or ever made by "believing" they have a fool proof system…As a matter of fact, I have employed at least 4 PHD's over the last 10 yrs and not ONE of them was ever paid more than 40K per year each……

 

Good luck DavidT1…..

[LookoutBelow]

Buy brass and lead instead.

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Damn right it is….would you prefer the alternative ?

Dont be so naive…..  

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Hahahahaaaaa !…..'Not part of the tin foil hat crowd" ….indeed

I guarantee you its MANIPULATED!!…There is a hell of a lot MORE at stake here than a few big wigs at GS or LEH…To think that the market is "Left to normal market forces or chance" !, such thoughts are simply stupid. It is a matter of national security..and THAT is not left to chance !

Would you play in a game in Las Vegas if you KNEW or SUSPECTED it was rigged ?….Of course not.

"Something for nothing" mentality reigns supreme in America (and the world really) ……The entire thing is a SCAM

Look at "Leonard the Wonder Monkey" and see how he (the monkey with the rolodex stock picks) BEATS Wall Streets BEST traders year after year after year after year……And then you have the "Technical analysis" crowd, who have formulated a chart and cool sounding names for EVERYTHING that could possibly be measured in a stock and they STILL get creamed 90% of the time.

Why is it not illegal ? Who knows ?…

It IS the biggest game in town and People LOVE to gamble, so next time somebody tells you that they are "Investors" in the market you can laugh at their stupidity and choice of terms….Tell them they are GAMBLERS playing in a rigged game like it REALLY is….

 

After saying that, I must admit that I have made a LOT of money in the market from years gone by.

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To all of you deeply invested into "Emerging Markets"…better watch out. They are SERIOUS risk. Ala, good returns for present time, but when it goes south you cant get out of them fast enough, diversify mates !

I would be willing to bet that 99% of the people invested in those risky funds dont have a CLUE as to what the fund managers have got into as far as investments that make up those funds……I saw one the other day that after I researched it a little I found out they were HEAVILY invested in a "recently listed, publicly traded spanish wood supply company" for housing construction…..Oh Yeah !….try and figure out how that specific company is weathering the shitstorm going on over there in Spain with THEIR very own housing bubble collapse …..

Stocks suck…real estate sucks…day trade the trends…if youve got the dinero, time and the balls for quick small profits…long positions on ANYTHING is ridiculous today

Good luck

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