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When News Ain't Noise


DrStool

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Posted

When News Ain't Noise2/4/03

 

News is noise, except when it ain't. When the news on AIG broke, the rot in AIG revealed again the truth about the market. This news was of the sum and substance, the heart and soul, of what ails the markets, the economy, and the global financial system. It is an example of yet another of the festering boils of the inflamed credit bubble infection, sapping the lifeblood out of the system.

 

Doc talks about this, chronicles the market cycles in the usual intraday, short term, and intermediate outlooks, and tells us where this shipwreck is heading, along with hot pictures of naked stock charts, Uncle Buck and the Golden Stool. Will Uncle Buck ever get out of his sick bed? Will the Golden Stool make it to the moon? Drop by your stock proctologist's office and get the whole picture.

 

Stoolies, log one in. If you're not a stoolie already, become one Now! And don't forget to join Doc during the market day in Stooltrading Beta as he plots the market's twists and turns for you, in advance yet!

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Posted

So Al feeds like crazy to save stocks, but if he does it crushes the bonds sending interest rates up killing the GSE business and thereby sending monetary growth down the tubes. Game over. Reset. Al doesn't feed so stocks tumble. We start getting more Enron like events as clauses in lending agreements are tied to stock prices triggering defaults. Clamity and a credit crunch ensues collapsing monetary growth. Game over. Reset.

 

Help me out here Doc. This looks like one of those nuclear war games where there is no winner regardless of the scenario.. The only way to win is not to have played the game to begin with.

 

Al couldn't have set it up better if he tried.

Posted

Just wanted to clear that up in case anyone is overlooking the obvious.

 

Tanks

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