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    • Fri Nov 28th 20:50 PM
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      Rating: +3 -1
      Commented on:
      Last Thursday Was the Bottom - It's Time to Get Back in
      this bear market rally is Paulson's buddies at the primary dealers trading desks using TARP MONEY to window-dress end of month. Volume is not institutions, they buy the market for earnings. It's short covering, next week is jobs.
      View article »
    • Thu Nov 27th 18:17 PM
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      Rating: 0 0
      Commented on:
      Three Reasons Why the Dollar's Not Yet Done
      Asby-- that retail analyst, the loudmouth guy who tells it like it is,& BEEN RIGHT too, said (Bloomberg tv) retailers are only surviving thru holidays, many will go BK in January.
      re: USD, David Fry has support at 81, that's below the 50-day (83ish) fyi
      scroll near bottom> www.etfdigest.com/dave...
      View article »
    • Thu Nov 27th 12:37 PM
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      Rating: 0 -1
      Commented on:
      Three Reasons Why the Dollar's Not Yet Done
      Sorry, shoulda checked my chart first! Dollar ALREADY BROKE 20-day, it's done rallying, and now headed to the Oct low 83 area/50-day moving average. CHART>
      tinyurl.com/6ej2bj

      The author may be right LONG term, but the USD is finished rallying short term. Besides, politics says it hurts exports.

      technically, MACD also is bearish. XME is place to be if chart is right.
      View article »
    • Thu Nov 27th 12:30 PM
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      Rating: 0 0
      Commented on:
      Three Reasons Why the Dollar's Not Yet Done
      I think the Japanese Cen Bank will intervene if the yen gets much stronger, they usually do. The USD, I read many places is a parking place for hedgefund stock sales liquidations until next year when they figure out
      what to do. Nov 15 was last day for investors in hedgies to request their monies by year end. The market almost always has risen before T-Giving,
      whether manipulated or what, up 1200 Dow pts parabolic is skeptical at best. I think USD run is finished for now, the XME is already indicating
      early investment in the inflation trade again, no? I see the USD pullback to the 20-day
      mov average.
      View article »
    • Sun Nov 16th 11:51 AM
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      Rating: 0 0
      Commented on:
      Less Negativity, More Inflation
      As Jim Roger said last week, the IMF is selling gold to suppress the price, and he isn't buying. If Trimtabs is right and hedge fund redemptions will be $250 Billion
      between now and year end (after $100Bil in Oct), they will be selling resource
      positions to raise cash, so gold could be pressured, still, right?
      Likewise, the Dollar is being goosed up, not by fundamentals, but flight into
      short-term Treasuries by all this fund liquidation money, and Soverign Wealth
      Funds reportedly are selling US equities into Treasuries also, figuring the gov't
      will always pay it back, even if they print it.
      View article »
    • Sun Nov 16th 11:41 AM
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      Rating: 0 0
      Commented on:
      Another Look at 3Q 2008 GDP
      The last GDP report showed, again, the US is the largest ARMS DEALER in the world, with a jump by 38% in DEFENSE, primarily weapons aircraft/hardware/secu... etc.
      If you take that out of our exports, what number do you have? Anyone?
      View article »
    • Sun Nov 16th 11:31 AM
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      Rating: 0 0
      Commented on:
      Bailouts Don't Solve Underlying Problem
      Obama must be STOPPED before any more "stimulus" , especially $600BILLION
      which is being floated! He's made campaign promises. I voted for him but he needs to be reminded the end to Iraq was supposed to pay for his deficit spending, right?
      I say break up the auto makers and sell the parts off to those Toyota, etc who opened
      plants in Tennessee and elsewhere in the US. Try to find jobs them with those viable
      foreign car makers. Face the music, there is not a rathole large enough to bail out
      the "big" three until they retool. Besides, they will time it wrong if oil goes to $50
      and this deflationary spiral takes hold, we won't need 100 mpg autos.
      View article »
    • Sat Sep 20th 20:32 PM
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      Rating: 0 0
      Commented on:
      It's a Bull Market in Government Intervention
      Paul Krugman says EXACTLY WHAT I TOLD YOU, paying premium prices at Paulson's SOLE DESCRETION.:


      UPDATE (4): Paul Krugman says No Deal. Writing in part about this bail out:

      I hate to say this, but looking at the plan as leaked, I have to say no deal. Not unless Treasury explains, very clearly, why this is supposed to work, other than through having taxpayers pay premium prices for lousy assets.

      As I posted earlier today, it seems all too likely that a “fair price” for mortgage-related assets will still leave much of the financial sector in trouble. And there’s nothing at all in the draft that says what happens next; although I do notice that there’s nothing in the plan requiring Treasury to pay a fair market price. So is the plan to pay premium prices to the most troubled institutions? Or is the hope that restoring liquidity will magically make the problem go away?
      View article »
    • Sat Sep 20th 20:17 PM
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      Rating: 0 0
      Commented on:
      It's a Bull Market in Government Intervention
      here's the provisions of the bill, with the ALL-EXECUTIVE PAULSON POWER-GRAB! told ya,
      dailykos.com/storyonly...
      View article »
    • Sat Sep 20th 19:59 PM
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      Rating: 0 0
      Commented on:
      It's a Bull Market in Government Intervention
      We knew money markets were NOT insured, and played by the rules, switching to Treasury Reserve- only funds, you should lose your 1-5% unless the bank pays new insurance! Tonight it's reported Paulson wants sole say in which loans are bought, accountable to nobody else.
      As for restructuring mortgages (once you find them) 60% OF SUBPRIME BORROWERS NEVER MADE THEIR (low-teaser) FIRST PAYMENT!
      What makes you think Paulson won't buy these back at 60%, Then, he sells them to Goldman Sachs @ 33%, that is his plan. He still runs GS, they will transfer this wealth.
      This is classic pillaging under the guise of PANIC; CRISIS! It's the continued POWER GRAB, can't you all see that? Call on officials to put the breaks on, we want DISCLOSURE!
      View article »
    • Fri Sep 19th 13:36 PM
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      Rating: 0 0
      Commented on:
      It's Rough Out There: How You Can Protect Your Holdings in the Worst Market Since 1974
      No way to gauge this market as gov't intervention dictates all movement, and short-covering gaps in premarket give way to flat to down all day. Dow hit 11,458 50-day brick wall on parabolic move. If in the inverse ETF, you got creamed. I'm in 3-month FDIC CDs and TREASURY-ONLY RESERVE money markets, and sleep well, until the market moves sideways followed by non-short covering investor confirmation moving money back into equities, this isn't for me. The 10-yr back to 3.7% shows money coming out of bonds, but until I see that be the trend, that is, it not falling back to 3.5% next week, now that shorts were burned alive on Quad-Witching Options Expiration, when they needed to tap their cash to buyback stock, I won't be on this corrupt train wreck. Earning 3% FDIC on $500K feels damn good, folks. Enjoy your In'nOut.
      View article »
    • Fri Sep 19th 13:00 PM
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      Rating: 0 0
      Commented on:
      Toles on Wall Street
      This was engineered on Quad-Witching options expiration to achieve max pain on short-sellers, those who bet right on fundamentals, democracy and free markets be damned, UK says no short selling, period, but won't bailout autos, creditcard bonds, etc, only banks. Are autos, creditcards, student loan collateralizations included in Paulson's cash for toxic bonds? Is that next? The ECB discovered an Australian bank had re-routed toxic auto loans through a subsidary to disguise it as mortgages.
      View article »
    • Fri Sep 19th 12:54 PM
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      Rating: 0 0
      Commented on:
      Short Selling: The Free Speech of Wall Street
      Data showed after they banned NAKED shorting on 19 financials (because Goldman was being heavily shorted) , IT WAS SHOWN THERE WAS PLENTY OF STOCK TO BORROW (legal shorting) This "all shorting of financials) is a blatant financial fascism, like someone called it, TO RIG THE MARKET POSITIVE, with financials always leading the S&P direction. As they did several months ago, by lowering interest rates in premarket on QUAD-WITCHING, they have engineered the "BANG-FOR-THE-BUC... 6 weeks before an election, simultaneous with McCain taking credit for it on C-SPAN.
      View article »
    • Fri Sep 19th 12:47 PM
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      Rating: 0 0
      Commented on:
      The VIX and V-Shaped Bottoms
      Lousy charts. What time frame is each square? On your forst chart, you show the date 2007! Hardly professional. Don't you proof read? I would not listen to anything you say, expecially in light of Fed intervention moving the market.
      View article »
    • Tue Sep 9th 11:41 AM
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      Rating: 0 0
      Commented on:
      The Weekend American Capitalism Died
      good comment, buyit. I guess mortgages left up to the private banks means favoritism rules. Bill Clinton once said you need a new technology every 7 years to create jobs. Building houses w/ zero% real interest rates did the trick. What now? Can alt energy create enough jobs?
      View article »