Jump to content

Market Red, Not Green For Christmas


Recommended Posts

Meeeeeery Christmas and happy holidays to all stoolies

 

Many tanks to Doc for his persitent hard work and for making this the best place on the web!

 

Portfolio update...added GG everyday this week....now by far my biggest holding,

 

TRADE SAFE

Second that. Great job Doc.

 

A few months back sold out of GG about 15.00 and was happy to buy back lately at a slightly higher price. Also still bullish on basic energy.

 

The Fed may be establishing a new higher money growth target or maybe just a wider range for the conduct of its activities. Probably we won't know until after the new year's. But one thing looks for sure - they aren't going to do anything to increase the value of the US$ soon. The four month money supply falloff started to have its effect on the economy in November, whose growth has continued to slow down through the Xmas shopping season.

 

In the new year, bears must be aware of the wild cornered animal Fed that may take unexpected and jumpy actions.

Link to comment
Share on other sites

  • Replies 260
  • Created
  • Last Reply
Any reason givin? I don't watch TV.

Because they're French!

 

Actually there is actionable intelligence that Al Qaeda has infiltrated the pilot system of various international carriers, to include specific flights.

 

Merry Christmas to all !!!

 

Plunger

Link to comment
Share on other sites

So now then...to review:

 

The weaker dollar (it is hoped) will bail our butts out through exports (beef represents $3 billion per week), and foreign tourists visiting the U.S. (that's not happening anymore)...just to name a couple revenue streams that had been planned on.

 

I wonder how many more surprises will conspire against the vision layed out by the Fed.

Link to comment
Share on other sites

If you have some extra time during the holiday, I highly recommend the Asia Times 12-part series on "Pipelineistan" in Central Asia. The final installment was published today, and they're all still accessible. The series concludes:

 

 

 

Pipelineistan revisited

 

Ancient centers of civilization such as Bukhara and Samarkand find themselves under harsh regimes sponsored by the major powers. Genghis Khan sacked the region eight centuries ago. I hope to see it before today's powers wreck it again.

 

Nevertheless, we can pray in this holiday season that things will turn out differently and better.

Spain Police Thwart Train Bomber

 

About Basques: "At first ETA (Basque Revolutionaries) was in no way violent, but every attempt at a political gesture was met by savagery from the Spanish police and courts: arbitrary arrests, routine beatings and torture, and long jail sentences. Eventually ETA took the plunge into violence of its own and began assassinating known torturers and murderers among the Spanish authorities. The police reacted with ever greater violence of their own: uniformed police tortured and murdered Basques with complete impunity, death squads composed of off-duty policemen carried out further murders, and there were armed attacks on whole communities described by foreign observers as "police riots". Faced with such violence, ETA gradually became ever less choosy in its targets, and began gunning for any police or soldiers they could get at."

 

The line between revolutionaries and terrorists is increasingly blurred. All societies lining up against each's terror threat; like Prey (Michael Crichton's recent novel about symbiosis for mutual advantage rather than survival of the fittest). The conclusion involves weakening the symbiotic mechanism rather than attacking each entity itself. In geopolitcal real-life, telecom and transportation are key symbiotic targets.

 

BTW, an average but prescient novel about Mad Cow: Robin Cook's Toxin. Today's developments are carbon copies of that book.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...