What that means is none of your concern.
Joined Nov 10, 2007
23,478 Blog Posts
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Indeud.
Simply a refreshing colon cleansing in the market today. DOW 10K by Oct 1.
I like the sound of this…
Viz
Not to worry – Obama told his Hollywood pals that we came back from the brink – he did not assign credit to anyone for this feat (hint: Barack Hussein Obama). All we need is a few words tomorrow from him – part the waters – calm the waters – that’s all. Asia is all red tonite, but that is not Barack’s problem, no?
I saw the bear in a vision last night – his muzzle was gray.
You Can Run – http://www.youtube.com/watch?v=1ScLlHJrkDg
Chivas is God.
CHIVAS – Nevermind. I saw your earlier post. 750 is the target. I personally think we will go a lot lower. 600 in August, bounce to 750 and than 500 in October. S&P earnings will be less than $40 this year. Slap on a 12 PE. Things will get ugly. And next year will not be any better.
We have a fundamental shift in Americans spending habits. People are no longer spending for the sake of spending. The ‘Keeping up with the Joneses’ mentality has ended. People want less. Less is more. People want to live within their means. Saving is good. People realize that buying random products and services will not make them happier. Has the market discounted this ? I don’t think so.
ooph
Watch these 2 in order
http://www.breitbart.tv/?p=364783
http://www.youtube.com/watch?v=jjXyqcx-mYY
Why am I short everything that moves? step back and ponder..
That second video was the absolute gayest shit I have ever seen in my miserable life. I will now go and douse my eyes and ears with lighter fluid, light up a Camel, and curse the day I ever logged onto these internets.
I am short the world starting tomorrow.
“We have a fundamental shift in Americans spending habits. People are no longer spending for the sake of spending”
How many cats went out and bought new iphones the first day they came out?
Cappy- stop smoking the ham cappy, you slappy chappy.
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Yea anon…. “This fundamental shift” bullshit was around in the early 90’s recession. It’s complete leftist like nonsense.
Here’s a good blog to look back and see things really don’t change a great deal.
http://newsfrom1930.blogspot.com/2009/06/weekly-digest-june-16-21-1930-dow-22197.html
The aircraft manufacturing industry in the U.S. will go the way of G.M. and the rest of manufacturing.
China has completed building its first Airbus A320.
Goodbye Seattle. It was nice knowing you. China says ‘Herro Boeing’.
http://www.bloomberg.com/apps/news?pid=20601087&sid=azVVfZO4YElM
Thanks for that, J, that was fascinating.
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CAP said:
“People want less. Less is more. People want to live within their means.”
People WANT as much or more than they ever did. But people can’t have what they want when the credit card companies shut them down and the banks closed home equity lines.
Your basic premise is correct = the consumer has no jack. And that will be the case for a good long time until the debt levels are reduced substantially.
We’re a ways off from that happening to the extent that is necessary, imo.
fly
did you just call them “short sale” set up? Pardon my ignorance but doesn’t a high “short as percentage float” mean the stock could rally from short squeeze?
Who do we send an email to for questions on PPT?