roxy Posted October 21, 2009 Report Share Posted October 21, 2009 I heard he had apples all over the studio and was eating them too. He's running out of dimwit gags. One day sometime in the future he'll come blubbering and whimpering on air half naked and smeared with his own feces. It'll be the buy signal of the decade. One day this guy will have to eat sh*t. And that will be the market bottom. Link to comment Share on other sites More sharing options...
vitrofan Posted October 21, 2009 Report Share Posted October 21, 2009 "Wall Street has turned the economy into a giant asset-stripping scheme, one whose purpose is to suck the last bits of meat from the carcass of the middle class." I might add that this is a greedy middle class. Why did ppl flip houses? Greed. Why did ppl buy dot con socks? Greed. Wall Street might exploit, but, a lot of ppl let them selves be exploited, while searching and believing an "easy" buck. I am becoming more and more convinced that a lot of unemployed and underemployed people are resorting to trading stocks to try and make ends meet instead of pounding the pavement in search of a "real" job. I think that the next crash will really set the natives on the warpath when this latest work-at-home scheme bites the dust. Good seats still available for the show. Link to comment Share on other sites More sharing options...
HNCadet Posted October 21, 2009 Report Share Posted October 21, 2009 Hey Doc, Thank You for the "Zoomed View" in the Daily Market Update. I've always appreciated your work and I'm learning how to apply it onto mine. I guess that's why I've been a subscriber for well, many years.............If your not getting the Daily Market Updates & Fed Report your flying blind in this market. Link to comment Share on other sites More sharing options...
shorty Posted October 21, 2009 Report Share Posted October 21, 2009 Time to unload a mountain of call options??? maybe just a healthy-sized pile big naked positions cause big problems Link to comment Share on other sites More sharing options...
shorty Posted October 21, 2009 Report Share Posted October 21, 2009 Yes, my call is premature. My opinion that this one will not be the worst is based only on one single argument - somehow we avoided the bank run by the population. Imagine if 50 million of people are heading to the bank and ask to get the deposit in cash. We've being very, very close to that last year. Probably the sheeples are too stupid, and that saved us. I had nothing in the bank back then Most sheeple got nuthin' in the bank neither, no pernt runnin' down there. Except reamtirees, who thanks to the gov't earn 0.0000001% interest on their pile, which they are rapidly consuming because they can't live off the interest. It's all part of the plan. Destroy the middle class by sucking them into a temporary bigspending SUV multi-home bubble fantasy faux wealth lifestyle, then bring down the hammer, cut off their credit, crash their house prices and 201k's, shut off their interest income, send their jobs overseas, jack their taxes, and lock them into a work-until-death service-sector lifestyle, providing specialty niche personal servicing for the top 1% at a nickel a throw. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 21, 2009 Report Share Posted October 21, 2009 Shot up to 282 in after hour then back down to 250. Maybe a few December puts won't hurt. Link to comment Share on other sites More sharing options...
K Wave Rider Posted October 21, 2009 Report Share Posted October 21, 2009 Most sheeple got nuthin' in the bank neither, no pernt runnin' down there. Except reamtirees, who thanks to the gov't earn 0.0000001% interest on their pile, which they are rapidly consuming because they can't live off the interest. It's all part of the plan. Destroy the middle class by sucking them into a temporary bigspending SUV multi-home bubble fantasy faux wealth lifestyle, then bring down the hammer, cut off their credit, crash their house prices and 201k's, shut off their interest income, send their jobs overseas, jack their taxes, and lock them into a work-until-death service-sector lifestyle, providing specialty niche personal servicing for the top 1% at a nickel a throw. You ever seen this video? Or did you produce it? "Free range livestock is so much cheaper to own and so much more productive" Debt Farming & the Illusion of Freedom http://vodpod.com/watch/1965839-stefan-mol...till-in-control Link to comment Share on other sites More sharing options...
capitall Posted October 21, 2009 Report Share Posted October 21, 2009 You're too early on that one too. There's already a run on the money market funds under way. The media is under a fatwah not to report it. Generally, it's way, way too early to conclude that there won't be a run on the banks, and the biggie-- a run on the US Treasury. Now won't that be something. Why would anyone stay in money markets? Money markets pay less interest than absolutely anything I can think of that pays interest. Why is that a problem if people leave these money markets for things that pay more interest? Link to comment Share on other sites More sharing options...
quanta Posted October 21, 2009 Report Share Posted October 21, 2009 Probably left better for the Weekend MTM... WHAT SORT OF DESPOTISM DEMOCRATIC NATIONS HAVE TO FEAR After having thus successively taken each member of the community in its powerful grasp and fashioned him at will, the supreme power then extends its arm over the whole community. It covers the surface of society with a network of small complicated rules, minute and uniform, through which the most original minds and the most energetic characters cannot penetrate, to rise above the crowd. The will of man is not shattered, but softened, bent, and guided; men are seldom forced by it to act, but they are constantly restrained from acting. Such a power does not destroy, but it prevents existence; it does not tyrannize, but it compresses, enervates, extinguishes, and stupefies a people, till each nation is reduced to nothing better than a flock of timid and industrious animals, of which the government is the shepherd. Link to comment Share on other sites More sharing options...
Frenchy Posted October 21, 2009 Report Share Posted October 21, 2009 Doc i like your new avatar. Zombies land..... get you shot everyone.. I want the red pill and ... I have my small axe. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.