Saturday, July 29, 2006
did you buy the dump?
well boys&girls,, our GDP came out soft,, and the media did a good job of pumping that ben would NOT raise rates. they have been wrong so many times this is starting to be priced in well above what the 'celebration' deserves,, of course every after party deserves another sip of the wild koolaide ----right? lol, we shoot for higher highs because we are slowing down.........im not sure even michael moore would believe that----who knows he might lol.
im not so much worried about inflation, or the actual 'rates' what i worry about is the quality of e's that we are willing to swallow in,, (many are pumped on sharebuybacks SBB's) why is it this smells like 1999/2000? oh, thats right it is. the stockmarkets/traders/analist sure want this market up,, yet they sure spend alot of time bashing the president, mr. bernanke and lets not forget the oil profits made off OUR demand to live as we wish.
analist have been on non-stop pumping,, only recently have many had the guts to downgrade anything. as for our correction data,, its NOT getting better,, heck even MMM has issues and its hitting these big companies,, today our GDP reversed: CORPARATE AMERICA HAS STOPPED SPENDING TOO, so its no longer a j6p issue,, its spreading as the global markets are in a footrace to race rates as fast as they can. (here let me pour you some more koolaide) its not about a hard landing or a soft landing,,,, but JUST landing! and we ARENT THERE YET!
look at FFH friday,, if that stocks news wasnt enough to rightfully tank and it doesnt,, you KNOW it takes big money to hide the truth. ah, but as long as wallstreet can dump this stock into j6p's withering 401k all is well.
AUG8 the fed announces the next rate decision,, -.25/0/+.25/+.50 does it really matter? i dont think so at this point. we dont know if we have gone too far, not far enough and what the impact going forward is. meanwhile the global community is in a race to raise rates.
friday the terrorist sandrats spoke again,, ""The war with Israel does not depend on ceasefires ... . It is a Jihad for the sake of God and will last until (our) religion prevails ... from Spain to Iraq," al-Zawahri said. "We will attack everywhere."" the 'mindset' the anti-americans are protecting
i have been thinking long and hard about what would make me turn extremely bullish again.......but that would require americans taking responsibitily for their choices instead of the blame game and preferring our products over all else,, even if that means less stuff- we do make good stuff and we should demand our 'american' companies to build it here or we will buy it from someone who does... dont see that happening for awhile. - our current 'americans' are in the warren buffett, george soros, micheal moore group of selling out, whining, and lets not forget hiding in america- the pied pipers working for destruction of america. i read a poll about whether Bush should be impeached or not,, i wondered if maybe we arent chasing the wrong people, and instead be looking at who had their greedy eyes on the american govt checkbook pre-911, who had the most to gain kicking america in the knees during an inherited recession?-WHILE THE GOVT STILL HAD $$$$$ anyway,, (ps-i am not a 'pro-busher' just think i know a scapegoat when i see one.-everyone forgets he did give and give to the people during the bad days,, and yes he gave too much........ but i suppose americans are too in touch with their socialist roots.) anyway, i put a chart together for you to review.
you know i am very bearish,,,,,,,,,,but f/a can be wiped out with $$$ so far jpm+gs etc via TOMO have propped this market up big time to keep if from crashing.
on the big picture our economy needs stagflation,, j6p needs to catch his breath, most of our big companies arent worth the stock cert paper they are printed on when you factor in options/fraud and value vs. the $usd. how about we support our own $usd,, how about our bond markets,, how about our true american companies? how about not whining about the price of gasoline when we have done very little to correct some of our consumption. -at least bush did pass on the tax bill to corparate america rather than j6p.
oil chart and notes 1998-2002
im not so much worried about inflation, or the actual 'rates' what i worry about is the quality of e's that we are willing to swallow in,, (many are pumped on sharebuybacks SBB's) why is it this smells like 1999/2000? oh, thats right it is. the stockmarkets/traders/analist sure want this market up,, yet they sure spend alot of time bashing the president, mr. bernanke and lets not forget the oil profits made off OUR demand to live as we wish.
analist have been on non-stop pumping,, only recently have many had the guts to downgrade anything. as for our correction data,, its NOT getting better,, heck even MMM has issues and its hitting these big companies,, today our GDP reversed: CORPARATE AMERICA HAS STOPPED SPENDING TOO, so its no longer a j6p issue,, its spreading as the global markets are in a footrace to race rates as fast as they can. (here let me pour you some more koolaide) its not about a hard landing or a soft landing,,,, but JUST landing! and we ARENT THERE YET!
look at FFH friday,, if that stocks news wasnt enough to rightfully tank and it doesnt,, you KNOW it takes big money to hide the truth. ah, but as long as wallstreet can dump this stock into j6p's withering 401k all is well.
AUG8 the fed announces the next rate decision,, -.25/0/+.25/+.50 does it really matter? i dont think so at this point. we dont know if we have gone too far, not far enough and what the impact going forward is. meanwhile the global community is in a race to raise rates.
friday the terrorist sandrats spoke again,, ""The war with Israel does not depend on ceasefires ... . It is a Jihad for the sake of God and will last until (our) religion prevails ... from Spain to Iraq," al-Zawahri said. "We will attack everywhere."" the 'mindset' the anti-americans are protecting
i have been thinking long and hard about what would make me turn extremely bullish again.......but that would require americans taking responsibitily for their choices instead of the blame game and preferring our products over all else,, even if that means less stuff- we do make good stuff and we should demand our 'american' companies to build it here or we will buy it from someone who does... dont see that happening for awhile. - our current 'americans' are in the warren buffett, george soros, micheal moore group of selling out, whining, and lets not forget hiding in america- the pied pipers working for destruction of america. i read a poll about whether Bush should be impeached or not,, i wondered if maybe we arent chasing the wrong people, and instead be looking at who had their greedy eyes on the american govt checkbook pre-911, who had the most to gain kicking america in the knees during an inherited recession?-WHILE THE GOVT STILL HAD $$$$$ anyway,, (ps-i am not a 'pro-busher' just think i know a scapegoat when i see one.-everyone forgets he did give and give to the people during the bad days,, and yes he gave too much........ but i suppose americans are too in touch with their socialist roots.) anyway, i put a chart together for you to review.
you know i am very bearish,,,,,,,,,,but f/a can be wiped out with $$$ so far jpm+gs etc via TOMO have propped this market up big time to keep if from crashing.
on the big picture our economy needs stagflation,, j6p needs to catch his breath, most of our big companies arent worth the stock cert paper they are printed on when you factor in options/fraud and value vs. the $usd. how about we support our own $usd,, how about our bond markets,, how about our true american companies? how about not whining about the price of gasoline when we have done very little to correct some of our consumption. -at least bush did pass on the tax bill to corparate america rather than j6p.
oil chart and notes 1998-2002
# posted by tagthatstock @ 3:03 PM
