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The Shape Of Things To Come?


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GM: The fed thinks they know the right level for asset prices. They refuse to let the mkt operate. They refuse to let the neccesary liquidation take place. Neccesary due to their gross utter incompetence, most notably their insane monetary policies that caused the bubble and all of the horrific after effects.

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bought one golden eagle today. I know. only one, but it's another ounce OUT of circulation. just doing my bit.

If it were possible for everyone to stop pissing away money

into their 401k account for one paycheck and do what you

just did (up to and including taking delivery), we'd be well

on our way to fixing this festering, rank pustule that is known

as the stock market.

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Fed Releases Turds Day update is now posted! Once a week Doc fills you in on the all important Fed Turdsday releases. Doc gives you his briefs, on the charts of the Fed's most important money and credit measures. Take a subscribatory and download your Fed Turdsday Releases RIGHT NOW!?

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Tomorrow (Saturday) is our Governor run-off election. We will not have a white male for governor in Louisiana for the first time. We will either have a white old woman (democrat) or a Louisiana born male of Indian (the country) descent.

Huey Long's statue will be watching over the victor from his perch in the Capitol gardens.

 

hueyp.jpg

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Only 1.6 billion in volume.

 

Not enough.

 

Need over 2 billion for the day to legitimize this breakdown.

 

Otherwise, another OpEx Jam Job may be attempted next week.

 

AMAT getting smoked 5% on 40 million shares, that by itself is probably a good indicator that the rally is OVER.

. . . and XLNX is still green. What a bite. :angry:

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If the demand for commodities is global, doesn't it make sense to look at prices in terms of something that doesn't change ?

 

Is there such a thing ? :lol: :lol:

 

i.e. Dollar going down automatically should make all commodities more expensive anyway..

 

How about in Canadian dollars ? I think some went down..

First commodities go up in Dollars then the mania start; it becomes global and goes parabolic.

 

Tech mania started in America then it went global, same with housing.

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Not enough volume. Still only 1.6 million.

 

Unless we get an gap and crash Monday, a bounce is imminent during Scam Week.

 

When was the last time shorts were winners during Scam Week??

 

I can't remember.................

 

There is always some type of excuse to go long:

 

TOM

End of Quarter

Pre - FOMC Jam Job

Post - FOMC Resubstantiation and Confirmation

T-Bone Auctioneering

Scam Week

 

I guess that leaves about 5 trading days a month suitable for short selling..... :lol: :lol:

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