Well, I nailed the Chinese easing surprise. I knew it was coming, but was off by a week. My spies inside the communist government say there is more to come. At 6.31% interest rates, the Chinese are out of their fucking minds tight. If they want to negate the horseshit that is taking place in the west, they will need to cut rates to a much greater extent over the next 12 months.
Barring something horrendous out of Bernanke’s lips starting at 10 am, this market has momentum to the upside. With that momo comes responsibility. The bulls must make the bears sweat, hit them with clawhammers and cut off their dicks. I expect heavily shorted stocks to get going and anything related to China to sprint.
Names like MTW and TEX stand to benefit greatly from Chinese easing.
It’s been a really bad 9 weeks in the market. We seem to get hammered at least once per year thanks to the tenuous nature of the global economy. It’s the new normal. Nevertheless, we have a chance to run a little bit here. Let’s hope policy makers don’t drop the ball.
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Come on Big Ben! Do what’s right!
You don’t get enough credit Fly. Excellent call. Screw the haters
FIG
Outstanding call!
Well fucking done!
Thnx. My time machine has been a little shaky. But it got this one right.
your market calls seem to change hourly.
My roadmap for where the FXI is heading, over next few months . Posted this 2 days ago.
http://chart.ly/bbk6mif
Honestly, though, I think EDC might be a better play. Its hard to tell which of the 4 Bric countries will slingshot highest. Best to play all 4
SO The Clam is not going to announce easing…what do you think he needs to say to keep this party rollin’
“When did the future switch from being a promise to being a threat?”
12-12-12
Nice call
KMB has been a good performer, hitting new 52 week highs and paying dividends at the same time
“Nevertheless, we have a chance to run a little bit here. Let’s hope policy makers don’t drop the ball.”
I find this notion rather sad. Free markets appear dead. The market goes down because of governments. It goes up because of governments. Central planning of the economy is anti-capitalist. It’s no wonder the retail guy is done with this nonsense.
Fucking Bernanke killed me…wtf
i should have sold everything this morning..i knew he would disappoint.