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DrStool

Market Awash in Sea of Red

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And now for some bear porn from the Astrodesk....

 

3rd pass of Saturn opposition Uranus is next Tue 15th. The first two were followed by sharp declines.

 

All 5 shown below.

 

Hey phat,

 

What do you think of Saturn's transition to Virgo ?

 

In Hindu/Vedic astrology, the 7.5 year period when Saturn is in 12th, 1st and 2nd position from natal moon is dreaded period. This period is called "Sadesati" (Sade or Sadhe is half and Sat is seven).

 

On Sept 9 (or 11) this period will start for some, enter middle phase for some, enter last period for some and end for some.

 

I think some astrologers - both eastern and western - create natal chart of countries, organizations or perhaps even stock market.

 

So it's possible some of these entities will also go through this period.

 

Edit -

 

The image from quoted post did not show. So I've added it here for those who did not see.

FWIW, Saturn entered Leo on July 16, 2007. I believe Doc later referred to mid July 2007 high as internal top.

 

TIA

post-1567-1252713238_thumb.png

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This is one for the ages.....my guess is that Ms. Guyton (a former Cali Davies administration parasite --SHOCKER !!) will be looking for a new job as soon as, well, uh, next week

 

Stunning Pictures of the House Here<----

 

____________________________

 

Full Farticle------>Wells Fargo exec used Malibu Colony home lost by Madoff-duped couple, neighbors say

 

 

Bernard L. Madoff's massive fraud stunned some of the wealthy denizens of Malibu Colony, especially when a couple devastated by the scheme surrendered their oceanfront home to Wells Fargo Bank.

 

But some neighbors say the real shocker came when they saw one of the bank's top executives spending weekends in the $12-million beach house and hosting eye-catching parties there. What's more, Wells Fargo spurned offers to show the property to prospective buyers, a real estate agent said.

 

Residents identified the house's occupant as Cheronda Guyton, a Wells Fargo senior vice president who is responsible for foreclosed commercial properties.

 

Wells Fargo subsequently denied requests to show the house to prospective buyers, said Dazzan-Palmer, a Coldwell Banker specialist in Malibu Colony properties. "I found it amazing at first when the bank wouldn't show the house to some friends of ours who were interested in buying it," said Roman, the neighbor.

 

The bank also confirmed that Guyton headed its foreclosed commercial property operation.

 

Colony residents said the woman they believe to be Guyton, along with her husband and two children, took up occupancy in home No. 106 in Malibu Colony shortly after Lawrence Elins turned it over to Wells Fargo Bank on May 13.

 

The residents said the family spent long weekends at the home and had guests over, including a large party the last weekend of August that featured a waterborne arrival.

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This is one for the ages.....my guess is that Ms. Guyton (a former Cali Davies administration parasite --SHOCKER !!) will be looking for a new job as soon as, well, uh, next week

 

Stunning Pictures of the House Here<----

 

____________________________

 

Full Farticle------>Wells Fargo exec used Malibu Colony home lost by Madoff-duped couple, neighbors say

 

 

Bernard L. Madoff's massive fraud stunned some of the wealthy denizens of Malibu Colony, especially when a couple devastated by the scheme surrendered their oceanfront home to Wells Fargo Bank.

 

But some neighbors say the real shocker came when they saw one of the bank's top executives spending weekends in the $12-million beach house and hosting eye-catching parties there. What's more, Wells Fargo spurned offers to show the property to prospective buyers, a real estate agent said.

 

Residents identified the house's occupant as Cheronda Guyton, a Wells Fargo senior vice president who is responsible for foreclosed commercial properties.

 

Wells Fargo subsequently denied requests to show the house to prospective buyers, said Dazzan-Palmer, a Coldwell Banker specialist in Malibu Colony properties. "I found it amazing at first when the bank wouldn't show the house to some friends of ours who were interested in buying it," said Roman, the neighbor.

 

The bank also confirmed that Guyton headed its foreclosed commercial property operation.

 

Colony residents said the woman they believe to be Guyton, along with her husband and two children, took up occupancy in home No. 106 in Malibu Colony shortly after Lawrence Elins turned it over to Wells Fargo Bank on May 13.

 

The residents said the family spent long weekends at the home and had guests over, including a large party the last weekend of August that featured a waterborne arrival.

they should be ashamed of themselves, but they are not......they are proud of themselves, so much so that they invited friends over to show off their theft

 

this is the new "morality" in the U.S. today, there is no right or wrong, there is only what you can get away with

 

life is all about stealing more from your neighbors than they steal from you, directly or indirectly using/abusing the system(s)

 

those crooks do not feel at all guilty about what they are doing, it's just another successful angle they've found they can take advantage of

 

they have no problem sleeping at night because of their theft, in fact the only time they have trouble sleeping is when they don't manage to steal anything that day

 

so who cares? what difference does it make? only that the net result of such a culture is a decline in living standards for everyone as people focus more and more on screwing their neighbors rather than producing anything

 

in the end we are all reduced to either criminals or victims.....in most cases both, with what we steal tallied on our aSSet list and what gets stolen from us on our liabilities list

 

for example I won't have time to produce anything this weekend because I'll spend both days organizing and recruiting voters to steal from the public trough and give me more more more more more free free free free free what I deserve.....goal of the game is to take more from gov't than gov't takes from me

 

of course there are others spending their weekend trying to direct the slush funds to themselves and away from me

 

produce nothing! suck each other dry!

 

as we descend together into third-world living standards and below

 

nothing wrong with that, as long as I get more than you

 

and any day I stumble across an angle to get something for nothing, whether it's using the bank's property for personal use or anything else I can get my hands on, well, that's a good day for me, time to invite friends over and celebrate

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This is one for the ages.....my guess is that Ms. Guyton (a former Cali Davies administration parasite --SHOCKER !!) will be looking for a new job as soon as, well, uh, next week

 

Stunning Pictures of the House Here<----

 

Well Sheet! No wonder they won't party at my place.

 

Hey Cheranda, I gotta place for you to sit!

 

post-2079-1252716934_thumb.jpg

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OK - longass post ahead.

 

dharma - I've heard of Markus Rose but don't have any comment on his work, other than he appears to be yet another astrofinance guy who regularly cracks the top ten as rated by Timer Digest or Hulberts or whomever.

 

Ant - yes, according to Vedic (Eastern) astrology, Saturn has just entered Virgo, whereas according to the Western discipline it entered in Sep 07 and will leave for good in Jul 10 (there's a slippage between Eastern & Western zodiacs). Saturn in a sign can play out as restricting the supply of the things it 'rules'....in this case, that involves jobs (Virgo rules labor & service) as well as grains. I'm not up to scratch on my Vedic astrology, but have seen some chatter from that quarter about a spike in grain prices.

 

For clarity and such, the chart you reposted (reposted again below) was the 5 transits of Saturn opposing Uranus. This is the new challenging the old, the revolutionary fever challenging the existing institutions. It's worth noting the first pass took place when Obama was elected, exact to the day. It last happened in 1965-67 and before that in 1918-20. It's very unlikely that the generalized sense of crisis will abate before this set of aspects ends. Extremely unlikely.

 

As far as an astro take on the rest of the year, I've long expected a correction to happen this fall. In the late spring I expected we'd see things falling apart as early as late June to mid July, but there was & is a larger liquidity issue taking place.

 

The thing about astrological aspects is they need to be taken in context. For one person, Jupiter (expansion) conjuncting (combining with) Pluto (power) which rules their sixth house (day to day life) can mean they inherit a better car which makes their daily commute easier. For another, it can mean a golden parachute from their firm that allows them to retire.

 

It all depends on what's already in place at the time, what the background conditions are. (BTW that latter example wasn't an idle one, that was actually my father in law, I told his wife months in advance that there was a possible windfall coming that would change their day to day lives.)

 

Anyway, the point is that the market didn't fall in July, or August, and it appears unwilling to fall even now. There seems to be too much money in play. I do expect we get a reasonably sharp and short correction, maybe very soon, but beyond that it's up in the air. What I'm saying here isn't dissimilar to a longer cycle being up and a shorter down cycle expressing itself as a sideways down or swup.

 

What concerns me more is another set of aspects that start in November that directly impact the 'money', i.e. currency/treasury, in the US birthchart. These last occurred during the 1930s. There's yet another aspect on deck that hasn't happened since the 1770s (incidentally, the American Revolution came on the heels of a fabulous property bust).

 

The dollar directionality would appear to be down, but who knows. As with many astro things, the direction isn't clear, only that the subject is at issue. I expect currency volatility to increase materially this winter and beyond.

post-928-1252720522_thumb.png

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This is one for the ages.....my guess is that Ms. Guyton (a former Cali Davies administration parasite --SHOCKER !!) will be looking for a new job as soon as, well, uh, next week

 

Stunning Pictures of the House Here<----

 

Well Sheet! No wonder they won't party at my place.

 

Hey Cheranda, I gotta place for you to sit!

 

post-2079-1252716934_thumb.jpg

 

Is that what I think it is? A Falcon? I'd love to drive that thing, especially if it had 3 on the tree. I'd even kick in a little redesign work on the AC support.

post-441-1252725728.jpg

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My that was a biggy...

 

As of June 30, 2009, Corus Bank had total assets of $7 billion and total deposits of approximately $7 billion. MB Financial Bank will pay the FDIC a premium of 0.2 percent to assume all of the deposits of Corus Bank. In addition to assuming all of the deposits of the failed bank, MB Financial Bank agreed to purchase approximately $3 billion of the assets, comprised mainly of cash and marketable securities. The FDIC will retain the remaining assets for later disposition. The FDIC plans to sell substantially all of the remaining assets of Corus Bank in the next 30 days in a private placement transaction.

 

So MB Financial gets $3B and the FDIC "sells" the other $4B. For what, $0.10 on the dollar?

Are the results of these sales public?

Any one know?

Buehler?

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Biggest up day for my Muni closed end NAV's in 4 months.....

 

This may or may not mean more money in my pocket,the NAV's are far outperforming the underlying for some reason.But for now it is a 12 to 13% move in NAV in just 5 weeks.

 

28 of the last 29 days have been up now for Municipal bonds...FWIW

 

 

How come I don't have any? <_<

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My that was a biggy...

 

As of June 30, 2009, Corus Bank had total assets of $7 billion and total deposits of approximately $7 billion. MB Financial Bank will pay the FDIC a premium of 0.2 percent to assume all of the deposits of Corus Bank. In addition to assuming all of the deposits of the failed bank, MB Financial Bank agreed to purchase approximately $3 billion of the assets, comprised mainly of cash and marketable securities. The FDIC will retain the remaining assets for later disposition. The FDIC plans to sell substantially all of the remaining assets of Corus Bank in the next 30 days in a private placement transaction.

 

So MB Financial gets $3B and the FDIC "sells" the other $4B. For what, $0.10 on the dollar?

Are the results of these sales public?

Any one know?

Buehler?

 

 

I will be so bad they won't tell IMO. :angry:

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Whatever that flow chart would look like in the end the Treasury borrowing is creating its own liquidity. Of course that word liquidity is a nebulous concept that can be used to make one seem smart when in fact nothing is known. At any rate I'm allowing up to another 50 years of debt expansion in my probabilities. Granted only corporations and government, the twins, would be solvent which presents some thorny cultural issues but celebrities football and porn might be enough to keep a lid on for a long long time.

Of course that word liquidity is a nebulous concept that can be used to make one seem smart when in fact nothing is known.

 

 

What ever the definition, the FED and the UST allow the happenings in the flow chart. It happens to the guys who are smart enough or lucky enough to be in the position of Having A License To STEAL. :angry:

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This is one for the ages.....my guess is that Ms. Guyton (a former Cali Davies administration parasite --SHOCKER !!) will be looking for a new job as soon as, well, uh, next week

 

Stunning Pictures of the House Here<----

 

____________________________

 

Full Farticle------>Wells Fargo exec used Malibu Colony home lost by Madoff-duped couple, neighbors say

 

 

Bernard L. Madoff's massive fraud stunned some of the wealthy denizens of Malibu Colony, especially when a couple devastated by the scheme surrendered their oceanfront home to Wells Fargo Bank.

 

But some neighbors say the real shocker came when they saw one of the bank's top executives spending weekends in the $12-million beach house and hosting eye-catching parties there. What's more, Wells Fargo spurned offers to show the property to prospective buyers, a real estate agent said.

 

Residents identified the house's occupant as Cheronda Guyton, a Wells Fargo senior vice president who is responsible for foreclosed commercial properties.

 

Wells Fargo subsequently denied requests to show the house to prospective buyers, said Dazzan-Palmer, a Coldwell Banker specialist in Malibu Colony properties. "I found it amazing at first when the bank wouldn't show the house to some friends of ours who were interested in buying it," said Roman, the neighbor.

 

The bank also confirmed that Guyton headed its foreclosed commercial property operation.

 

Colony residents said the woman they believe to be Guyton, along with her husband and two children, took up occupancy in home No. 106 in Malibu Colony shortly after Lawrence Elins turned it over to Wells Fargo Bank on May 13.

 

The residents said the family spent long weekends at the home and had guests over, including a large party the last weekend of August that featured a waterborne arrival.

 

 

But what a story for a former low paid state worker, but how did she get to be a senior officer at WFC? :wacko:

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It doesn't look like the QE, AKA money printing is coming to an end any time soon. B)

 

Fed's Kohn says no exit for extended period

Thu Sep 10, 2009 7:22pm EDT

By Alister Bull

 

WASHINGTON (Reuters) - Federal Reserve Vice Chairman Donald Kohn said on Thursday the U.S. central bank was developing tools to move away from its extremely loose monetary policy, but such an exit would not happen any time soon.

 

"Any combination of these tools, in addition to the payment of interest on reserves, may prove very valuable when the time comes to tighten the stance of monetary policy," Kohn said in discussing a paper presented at the Brookings Institution.

 

"As the FOMC has said, that time is not likely to come for an extended period," he said, referring to the Fed's monetary policy-setting Federal Open Market Committee.

 

Roids

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It doesn't look like the QE, AKA money printing is coming to an end any time soon. B)

 

Fed's Kohn says no exit for extended period

Thu Sep 10, 2009 7:22pm EDT

By Alister Bull

 

WASHINGTON (Reuters) - Federal Reserve Vice Chairman Donald Kohn said on Thursday the U.S. central bank was developing tools to move away from its extremely loose monetary policy, but such an exit would not happen any time soon.

 

"Any combination of these tools, in addition to the payment of interest on reserves, may prove very valuable when the time comes to tighten the stance of monetary policy," Kohn said in discussing a paper presented at the Brookings Institution.

 

"As the FOMC has said, that time is not likely to come for an extended period," he said, referring to the Fed's monetary policy-setting Federal Open Market Committee.

 

Roids

 

The Fed will need a decade or more to unwind what they've already done. Then they'll need to do it again at the next big crises. Because the Fed has completely re-engineered the Economy from manufacturing to services, to high finance, the minute they stop the money printing it'll be lights out. Game over.

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