Sunday, July 16, 2006

 

gonna be interesting how cnbc reacts to WW3

happy weAkend to everyone

i had planned on unloading a rant this weekend about the markets and the economy and of course the over respected 'journalist' & analist of wallstreet and politics,,,,,,,,,but i decided,,'no wait,, they give their best misleading information at the worst of timing'----------they are up next,,, all over tv soon. as i read several stories on the yhoo news page of select stocks,,,(yhoo pulled the trigger on the gun to their head with the message boards-DOA),,,,, i have come to the conclusion that there must have been a lack of real stuff to write about when motleyfool writes about the same sector nearly everyday and says NOTHING. sure they try to run the 'valueation' theory that doesnt seem to float. (when will they run the numbers on UMH or RFI instead of 'the same old crappers) they arent alone,, plenty of analist are doing the same thing-----has anyone noticed the little stocks that are doing better in the markets and their biz that wallstreets snubs? ETC has been nothing but up---------seems they saw trouble on the horizon sooner than the tanker cramer team of cnbc et al.. no, its not an endorsement of the stock,, it just shows you the bigboys who tell you they know everything are LYING or they are just plain stupid. i think both.

markets just couldnt hold up to the wallstreet pump of late. mark hains of cnbc tried his mocking attempt at humor over the state of the markets on friday. he finally listed the reasons for the markets to not go up- too bad he couldnt have noted them more over the last few weeks,, markets could have had a slow decline to base into later.

bob pisani again sent out another sell signal,, (oops what happened to the bug pumps he was giving just a few weeks ago-lol) friday he came out with (traders)"dying to get in" and something to the effect the big boys were buying----everytime he says the floor traders are 'telling him' RUN THE OTHER WAY! he is either flat out lying or he is their biatch.

and lets not forget larry kudlow and his manhood issues with ben bernanke--------somehow a vision of 'manhood' and kudlow never meet in my head. i suppose the weak& in denial group must still have a dog to kick.

over the past few weeks,, wwIII has started up- or so it would seem. oil&gold of course are in play ignoring that supplies overall are fine. oil is more about the hype in lack of reserves started a few years ago when royal dutch shell 'warned'( or price supported?) basically the same game saudia arabia has pulled since the first oil embargo of the 70's- (wise move really, never wear good jewelry in a bad neighborhood) oil companies joined the frey of traders in 2004, so its no wonder that oil is so high,,,,,,,, odds are they are buying the oil and storing it in tanks the same as our govt does with the SPR- what a hoot!

gold wants so bad to return to the currency of choice,, i have more faith in my baseball card collection lol,, (yes of course i will scalp the metals here and there,, but your crazy if you think i would marry the currency of days long gone and tv infomercials are offering me great discounts on gold coins. every currency goes thru political turmoil, but in the end they always run back to the most advanced defensive country for safe haven-------------the united states of america,,,,united is not quite a word we should have right now.. after all,, most need the govt or they wouldnt be able to survive and yet they hate everything about american politics that they themselves were a part of even if indirectly. hiding in america-lol





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