Ascending aspirations

[aussiebear]

The early openers are a tad nervous: Kiwis -0.3%, Aussies +0.2%, Nikkers -0.2% and Sth Korea +0.1%.

 

For the Aussies, it's Utilities +1.5% leading the greens and Telecomms -4.3% is at the other end.

 

 

 

 

[aussiebear]

 

 

 

 

 

 

 

http://finance.yahoo.com/intlindices?e=asia

[aussiebear]

http://money.cnn.com...s/morning_call/

 

 

 

 

 

 

 

http://www.kitco.com

 

 

 

http://www.kitconet....ase_metals.html

 

 

[aussiebear]

 

 

Bar sign found in Tokyo.

[Drano]

 

 

Bar sign found in Tokyo.

Maybe there is a 6th reason? like, because one is a douchebag?

[aussiebear]

 

 

A bit of a rollercoaster day. All Ords closed flat with Utilities +2.5% clear leader followed by Consumer Staples +0.9%. Telecomms -5.6% was the biggest downer due to the heavily weighted Telstra going ex div.

 

Not a lot of happening in Asia: China -0.1%, Honkers -0.6%, India +0.1%, Nikkers -0.7%.

 

 

On to UK/Europe:

 

 

 

 

 

 

 

 

[Rationalize]

The early openers are a tad nervous: Kiwis -0.3%, Aussies +0.2%, Nikkers -0.2% and Sth Korea +0.1%.

 

For the Aussies, it's Utilities +1.5% leading the greens and Telecomms -4.3% is at the other end.

TLS ex div.

[Jimbo]

LEAVING THE MARKET

 

Pellegrini and Druckenmiller throwing in the towel

 

I cant but agree that there is too much debt in the system to the consumptionist orientated stock market to take off.

 

Too much overhead debt for the financials and retailers to soar.

 

Too low a yuan for the manufacturers to compete

 

The bond markets risk reward characteristics are terrible

 

It will all take time to work itself out - perhaps a long time.

 

The entire "asset" system can has been kicked down the road by the Fed and the Treasury

 

Shorting treasuries the monster play - but not now - when it will start - who knows - could be a year away could be tomorrow.

[flyingscot]

Headline says it all..... (SELL)... lol

 

http://seekingalpha.com/article/221514-will-the-price-of-gold-reach-5-000?source=yahoo

[Ben Had]

"Housing will eventually recover from its great swoon. But many real estate experts now believe that home ownership will never again yield rewards like those enjoyed in the second half of the 20th century, when houses not only provided shelter but also a plump nest egg. The wealth generated by housing in those decades, particularly on the coasts, did more than assure the owners a comfortable retirement. It powered the economy, paying for the education of children and grandchildren, keeping the cruise ships and golf courses full and the restaurants humming.

 

More than likely, that era is gone for good."

 

Real estate fading as a means to build wealth.

 

I have been saying this for five years now and have been told I was an idiot more than once.

 

On the other hand, this could be the signal that housing has bottomed. Kind of like the $12/gallon gas.

[Rationalize]

Too many things lining up on one side IMO.

 

Seeing anecdotal caution amongst the most moranic spec-u-laters.

 

Former foaming-at-the-mouth bulls now talking about annuities...

 

...

 

Time to take the other side IMHO.

 

ES 1130 next stop. :ninja:

 

Dong'em & hold 'em.

[Ben Had]

Then again, maybe attitudes haven't changed enough yet.

 

In an annual survey conducted by the economists Robert J. Shiller and Karl E. Case, hundreds of new owners in four communities — Alameda County near San Francisco, Boston, Orange County south of Los Angeles, and Milwaukee — once again said they believed prices would rise about 10 percent a year for the next decade.

 

Real estate fading as a means to build wealth.

[Trader Joe]

Bull Market

 

Bear Market

______________

 

Now "Wolf Market" ???

 

Give me a f**kin' break

 

Ugh!

[Trader Joe]

At some point this will be make a "nice dong"

 

[Trader Joe]

Who are the douchebags buying these IPO's ???