Stock market bubbles bursting;

Re: Stock market bubbles bursting;

PostBy: cokehead On: Thu Jan 28, 2010 10:02 pm

As they (The Fed with the governments blessing) keep expanding the money supply to pay for their agenda (creating money out of thin air), they are stealing from everybody who has saved for their retirement by debasing our currency. It is like watering down the gin. If you do it a little at a time no one seems to notice. If you water it down a lot in a short period of time the ouner of the gin bottle is gonna get wise to it. :mad2: As the money loses it's value houses might go up some in value in dollars. Stocks might go up in value as the money is watered down. Gold will go up. It is all a head fake. The reality is they (The Fed with the blessing of the government) have a license to steal! And they the audacity to tell us they are doing for our oun good. They know best. They know best all right. Look how they live. Remember Aminal Farm, the book.
jpete wrote:
topper wrote:use the power of compunding interest to beat inflation over the long term - time is your friend - market timing is your enemy


You can't beat inflation. They doubled the money supply in the past year or so. All our dollars are worth half. It's a losing game....
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Re: Stock market bubbles bursting;

PostBy: gerard On: Thu Jan 28, 2010 10:37 pm

Agreed. All they can do is pay off the debt in cheaper dollars. This is what happened under Jimmy Carter. Do you remember 18% interest rates in money market accounts? I do. Where do you think I parked money back then? Money Markets and bonds. Why risk it anywhere else with returns like that? (10% tax free returns on AA and AAA municipal bonds). Of course no one in business can afford to borrow at those rates and people can't afford to by a house so we got stagflation. This bonehead in the oval office doesn't know his history or he choses to ignore it. Either way he doesn't understand basic fiscal theories and as long as he continues his policies we will just stagnate and move sideways. Here's to only three more years.............

Those who forget history are condemned to repeat it.
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Re: Stock market bubbles bursting;

PostBy: cokehead On: Fri Feb 05, 2010 7:29 am

This current correction is [u]saving[/u ] me! Not out of the woods yet but I think today is the day to protct my capital for today anyway. I predict there will be capitulation today and Monday stocks will rally. I've been wrong before (many times) so don't take it to the bank
cokehead wrote:I didn't think the DOW could stay over 10,000. I bought 2500 shares of SDS cost basis $39.184. I'm getting creamed. I thought I was so smart playing the dark side. I should of stayed in PCX or BTU! Timing the market is tough. I was up 180% from 13 months ago but not any more. Living paycheck to paycheck keeping up with the margin calls (I was blind-sided by the margin requirements being changed from 60% to 30 % after I did the deal.) and worrying about taxes coming due. My timing buying SDS was all wrong. The only reason the market is as high as it is is the Fed is keeping interest rates low under political pressure. Sooner or later the market has to fall based on the fundimentals but there is no where else to put money if you have it other than the stock market (low interest). At this point I'm hopping to just get my money back. The Chinese have chastized the Fed for their policies and themselves are raising interest rates. The only reasong the Fed can abuse the US dollar is because it is a world reserve currency. If they keep it up that will change. If I had any money left I'd buy Chinese currency. Sooner or later they have to unpeg from the US dollar and when they do look out. Isn't it ironic that a "communist" country would have more economic sense than the bastion of capitalism! (Either) we have children running our country (or they want a crisis to further their goals). I don't think they see the end game. Too worried about the next election. Maybe they don't care about the end game so long as they are calling the shots. IF hyper inflation is the result of the goverment and Fed policies I'm wiped out. :shock: There is no frigin way the government can finance the current rate of deficit spending into the future. I can't wait for 2010 elections.
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Re: Stock market bubbles bursting;

PostBy: jeromemsn On: Fri Feb 05, 2010 10:09 am

Whats going on now is only a precursor to whats going to happen I see a Dow of 7000 to 7500. This is just a "bang" to whats going to be the "boom"! We as Americans might have "Deep Pockets" with and "Endless Money Supply" but even "Deep" and "Endless" has a "Limit". Other countries are tapped out and once somebody finally says, ok thats it I'm done, then others will follow and it will collapse like a deck of cards.
Whats been going on is a ruse, a way of getting the gamblers back in to the market so that the very rich could recoup some of there losses, the gamblers came back to the table now the very rich just say oh well nice game time to go back home to the wife and kids, will be back to play another day, remember your old westerns. Man this is gonna get way bad before, no, if it will ever get better.
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Re: Stock market bubbles bursting;

PostBy: Black_And_Blue On: Fri Feb 05, 2010 10:51 am

Shenanigans :
We counted over 1,800 13Gs that Blackrock dumped on Friday, which explains why EDGAR might have been a tad bit pokey. The stream started at just after 2 p.m. est and didn’t let up until just after 4:30, when the last one, which reported a 6.5% stake in Vodafone came in. For those less familiar with the 13G, since we don’t often write about these filings, it’s a requirement when ownership exceeds 5% of the outstanding shares. With few rare exceptions, these filings represented new positions for Blackrock since we only counted 11 amended 13Gs, which in itself seems very surprising, given the long list of stocks.

To take a 5% stake in the S&P 500 alone would require $650 billion, or some one hundred and sixty-four times as much money as Blackrock possesses, and yet that would account for less than one third of the filings
!


http://market-ticker.denninger.net/archives/1927-Where-Did-They-Get-The-Money-BlackRock.html
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Re: Stock market bubbles bursting;

PostBy: jeromemsn On: Fri Feb 05, 2010 7:47 pm

Thats was a good read Black_And_Blue Thanks!
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Re: Stock market bubbles bursting;

PostBy: cokehead On: Fri Feb 05, 2010 9:59 pm

:bang: I was so close.....................
cokehead
 
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Re: Stock market bubbles bursting;

PostBy: truckrp97 On: Fri Feb 12, 2010 10:49 pm

I am on the warren buffet bandwagon, i bought at 70.29 jan.22 It's been my recent experience that no matter how solid the fundementals and the technical aspects of a company the price movement is like being on a roller coaster. like aci,pcx.
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Re: Stock market bubbles bursting;

PostBy: cokehead On: Sat Feb 13, 2010 2:10 am

BRK-B $75.99 after hours. Your ok......today! Just when I think I have a handle on it something comes to the surface that moves the markets that was completely off my radar. It is humbling. I don't know squat. My last trade (SDS) has been a mistake on the short run. I've done ok since the last meltdown but it is like gambling with my limited knowledge. I was down 17% at one point with SDS. That is scary when margin calls started. Down about 6% now. I missed my oppurtunity to get my principle back on Monday. I don't have ulcers yet but I'm working on it. I tend to listen to Rick Santelli, Art Cashin, Mohamed El-Erian, and Nouriel Roubini. They give me courage to hang in with SDS.
truckrp97 wrote:I am on the warren buffet bandwagon, i bought at 70.29 jan.22 It's been my recent experience that no matter how solid the fundementals and the technical aspects of a company the price movement is like being on a roller coaster. like aci,pcx.
cokehead
 
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Re: Stock market bubbles bursting;

PostBy: cokehead On: Sat Feb 13, 2010 2:23 am

sage [seyj] Show IPA noun, adjective, sag⋅er, sag⋅est.
–noun 1. a profoundly wise person; a person famed for wisdom.
2. someone venerated for the possession of wisdom, judgment, and experience.

–adjective 3. wise, judicious, or prudent: sage advice.


http://www.rollingstone.com/politics/st ... ed_swindle Talking about manipulating the market.
Last edited by cokehead on Sat Feb 13, 2010 11:17 am, edited 1 time in total.
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Re: Stock market bubbles bursting;

PostBy: truckrp97 On: Sat Feb 13, 2010 10:38 am

I had bought gs back in september rode it up to 193 were it rolled over and lost all gains in a week. i sold with a little bitty profit, I felt like with that move By gs they were ringing the bell, so i sold all stocks i owned and didn't buy again till brk.b came along. and now i think i will put a sell stop in on monday with brk.b listing on the s&p 500,100 indexes.
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Re: Stock market bubbles bursting;

PostBy: truckrp97 On: Sat Feb 13, 2010 10:40 am

mostly i pick stocks through the investors business daily, mostly. and I like listening to the Tom O'Brien show at tfnn.com
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Re: Stock market bubbles bursting;

PostBy: truckrp97 On: Sat Feb 13, 2010 11:11 am

I keep expecting the worst for the u.s. economy, Ken salazar doing his best to strangle oil and gas exploration, the printing presses running full tilt, anti-business sentiment running rampant, etc,etc,etc.
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Re: Stock market bubbles bursting;

PostBy: cokehead On: Sat Feb 13, 2010 11:15 am

Do you suscribe to there "reports" at tfnn or just use what is at the web sight for free? When you bought GS it had already doubled from March. I was scared of it. It's a shame I wasn't scared of SDS. Mostly I use Ford Equity Research and I look at P/E ratios of interesting prospects and then compair it to their peer's. I started in March. A rising tide lifts all boats so I can't get cocky. I've been more lucky than smart. It is going to get very hard to get it right from here.
truckrp97 wrote:mostly i pick stocks through the investors business daily, mostly. and I like listening to the Tom O'Brien show at tfnn.com
cokehead
 
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