It looks like the Greeks will manage to restructure their debt and US employment data will be sufficient enough to sustain high unemployment. However, that does not guarantee higher equity prices. Remember, recent weakness has nothing to do with Europe, but more to do with the ongoings in China.
The fucking Chinese are scrambling around like eggs, trying to boost their GDP, in the most moronic way possible. Think about it: they have planned to grow their economy at 7.5% no matter what. And we look towards that model as being something to behold, the highlight of the global economy? It’s a crock of shit, totally devoid of reason and logic. The end result will lead to massive debt and a slave labor market, with a comedically high divergence between the rich and poor, sort of the direction we are heading towards now.
I do, however, like silver and gold at these levels. It’s always my “go-to” sector following a decline. I follow the path of high probability trades, through mathematical precision. The vast majority of you simply scrounge around, leading the life of a servant, analyzing thousands of charts, spending countless hours looking for “the right stock.” As for me, I do all of that shit, AND MORE, with one click, as I have digitized your stupid charts and brought together all of the predictive elements known to mankind and put them on my laptop for the explicit purposes of banking coin (NO CIRCULARIZING).
At any rate, I will not chase the morning spike. Instead, I will watch with intense curiosity, preparing to ambuscade the lumbering investor henpecked by forced sales.
It’s coming.
http://www.youtube.com/watch?v=S8XTTh4Q9To
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I am in state of complete indecision. Looks like I stand pat today, although i would take a small short SPY position if we run up more than 1%.
u r correct. but im thinkin the powers that b want obama in. in my view ,only iran can derail us. if syira calms down and iran says something positive its off to the races. even though r debt will eventually crush us.(IMHO)
Did they say regular cannon… or SPACE Cannon??
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never fire your cannon indoors. lol
talk about blowin your load.rof
Unless you this to happen.
http://www.spokesman.com/stories/2012/mar/07/in-brief-man-arrested-in-cannonball-death/
Oops, same news.
I don’t see the Viper anywhere … ???
It’s in the underground bunker garage.
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“ambuscade”. That’s a new one for me. Many thanks.
The Level of Bullishness on CNBC and its commentaries is clearly flashing a warning sign…no one faces the hard facts.
when has CNBC not been bullish?
Born solid earnings
BUY ME MORE 3.30
Anybody watching the refiners?
Yep. WNR, HFC, ALJ.
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Greek PSI, looks like it will get 66% CAC but not the key 75%, so they may make the first step but the mess is not over at all. But today is AAPL’s day, forget about the huge miss in Australia’s GDP too last night, its all about stupid gadgets.
… stupid copper gadget bubbles…
I know, lol.
Mr Fly.
You wrote:
“recent weakness has nothing to do with Europe, but more to do with the ongoings in China”
China ongoings are because they are the supplier of guess who?…..
Europe
So, recent weakness has everything to do with Europe and it will continue to be that way for a while…
All roads lead to Rome
A Roman wise man once said….
We could do 7.5% growth here if the Gov’t was helpful rather than hurtful.
Beware of sitting on the sidelines waiting for a pullback.
“I will watch with intense curiosity, preparing to ambuscade the lumbering investor henpecked by forced sales.”
Fuck Shakespeare AND Edward de Vere.
The Fly is God.
Revere Edvard Munch’s “The Scream”, one picture being worth a thousand words.
Lumber is probably not such a great investment. Unless you are Weyerhauser.
http://www.worldometers.info/world-population/
another 100k+ mouths to feed today