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I doubt the Dec highs are taken out significantly, if at all?

 

The market was jammed up to milk it

 

And it is still working. The purpose of the ?jams? is to create rallies, prolong tops, and prevent crashes, or milk (Loot)?

 

The powers that be are milking on the way up and on way down.

 

The milking will continue as long as the psychology of ?investing? remains intact.

 

Only the smug, simpletons, and the greedy are being milked, hint hint?

 

The Unemployment is a killer lurking in the shadows, eventually the statistics will not be able to be covered up. 100,000 ?workers? per week are dropping off the dole which works out to about a billion dollars of economic activity/week vaporizing? How many people?s employment depends on the billion dollars which doesn?t exist anymore? About 50,000, if exponential compounding is not stopped or slowed, like in Japan, Checkmate will show up very quick? Months.

 

It takes 2-4 months for foreclosure to consume the simpletons.

 

It takes 1-2 years for the smug to ?just think positive? then collapse into bankruptcy.

 

The greedy will be the last to fall?

 

Since the end of the great depression to 2000 you had to borrow to get to tomorrow.

 

Now you have to lie, cheat, and steal to get to tomorrow. Why? Because the easy money/debt creation is at an end and the Great wall of money/debt is crumbling

 

As far as ?bad news? is concerned, it hasn?t even shown up yet? 2000-2002 was just the beginning, the waves got a little choppy, people were assured it wasn?t bad, now the sky is darkening and the wind is picking up. Soon the unfortunate victims will realize that the greatest hurricane to ever hit the markets is bearing down on them and they will not believe that it is going to change direction? Wild cornered animal stage is fast approaching. The powers that be know this and are licking their chops?

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Inflation alert:

 

Dupont just raised Titanium dioxide prices by 7%. If you have bought something that is white (ie T-shirt, paint, powdered donut) its probably got TiO2 in it.

 

Doesn't sould like deflation to me AL.

Rog

 

Easy al is an idiot. He is not worried about inflation. Only thing he want stand for is deflation in assets price. :grin:

 

Yes he does not want deflation in assets price. He is happy with any assets bubbles. :(

post-3-1042226156.gif

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Bob "Pizz-on-me" (Crapvision) just explained today's support of the market for us:

 

1. Optimism concerning 2003 earnings

2. Seasonal money flows

3. Asset re-allocations

4. Fed may lower interest rates

 

That's it folks! We have to price in the next interest rate cut TODAY! It's needed to support the jobless recovery!

 

Can we please get the North Korean UN ambassador to hold another news conference? That seemed to point us downward. Did anyone hear him say (repeatedly) that any UN sanctions against North Korea would be considered a declaration of war?

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