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Incident at Rendlesham


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next monday Crapvision covers another topic of vital importance to all viewers: "Porn has gone mainstream". Showed a clip of a scantily clad woman writhing on a table to promote it. Kind of like Fox after they broadcast the music awards the other night, then the first headline on their news show that followed was about how sleazy the awards show was.

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HUI Digs Out after Stoolstorm

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You might be right Wndy but as some stage very, very soon braindead bulls are setting themselves up for a kneecapping.

 

The news from the Fed that they would leave rates unchanged indefinitely due to the atypical recovery is very bad news indeed. Then there is the PPI today reinforcing the practically inevitable deflationary outlook.

 

Now bulls who typically have a memory-span measured in days might think that the Fed leaving rates low forever is reason for an equity market rave, but the Japanese would probably see things somewhat differently because they know deflation is disastrous for equities.

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As long as these stocks continue breaking out, it will pay to be patient and wait for the next round of hysteria jamming, 5 up days in a row, super low TRIN reading, etc. before loading up on the short side.

keeping my shorts, hedging up long after today's intraday hysteria plunge.

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mark do you have kcast?

 

kitco's streamer?

 

pretty neat, 10 second delayed qoutes for metals next to your pooters clock.

 

i use it as it only takes 10mb's of resources to run it.

 

good for silver and platinum as well.

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-.3 PPI!!! no revision to last month. corpse rate down .1. Trade deficit up to 41.77B

 

 

I see Mark to market was a war zone last night! :(

Little wander with Dow 10000 party inflicting further pain and frustration on the shorts

Switched on Crapvision to watch the "beat expectations" PPI reaction

As usual they are all orgasmic as government numbers are accepted at face value. Commodity inflation, what commodity inflation? No debate forthcoming.

Predictably the futures and bond like the numbers. I expect all government numbers, {especially inflation}, to beat expectations from here on in. As Mark was saying last night " All data points can be manipulated and all financial futures can be bullhorned via the printing press"

Until the long bond breaks in a serious way I will not stand in front of this runaway train.

Gold and silver see the market for what it really is. I refuse to give them one gram back as with 4000 years of history will overrule this madness eventually.

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according to Crapvision, details of HAL overcharging for oil in Iraq-and-a-hard-place are starting to come out.  Turns out those poor folks at HAL were overcharged themselves - they're victims, victims I tell ya.

bush and his band of brothers are playing the same shell game enron played.

 

use complex financials designed to withhold information from regulators and the public. the subterfuge is that separate entities report separately. each is privy to receiving and responsible for disclosing only a subset of information.

 

that means no comprehensive balance sheet, no transparency and no accountability. the coalition provisional authority in iraq projected $20 billion in oil revenues and thus far, they supposedly are at $2.5 billion.

 

b.s. or hallie wouldn't have been charged with importing oil into iraq from kuwait at the premium spread of $2.00.

 

incidentally, it's been suggested already: the cpa has stolen $5 billion. there was a most recent $18.7 billion handout but cpa needs another $39 billion for the next three years.

 

theft and waste on an unprecedented scale without any real reporting. without a paper trail the underlying intent has to be fraud. already $11.2 billion in no-bid contracts have gone to halliburton and bechtel.

 

theft on a enormous scale, your tax dollars at work.

 

klepotcrats, as jim hightower would say.

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