In the immortal words of Jefferson Krull’s Rambo doll: “it’s over Johnny.” There is nothing for me to tell you other than “hide your dicks” because the guillotines are now being used on the longs.
Italian 10 year yields are at 6.55%
Spanish 10 year yields are at 7.58%
Don’t look now, but Polish yields are at 5.01%.
The market cannot and will not rally while ancient countries are on the verge of systemic failure. All of the money is flowing into US, Swiss, UK, German, Austrian and even French coffers. However, due to German greed and a desire to murder its neighbors, said monies are not being shared with EU members countries who are in despair.
There is a reason why I went to a 40%+ cash position yesterday: we’re heading the fuck lower.
In the event of another bailout, however, gold and silver will lead the way up, which is why I am long EXK in size.
But nothing will be spared in the coming melt down. There isn’t anymore corn and Obama is scheduled for another 4 years.
Good luck.
http://www.youtube.com/watch?v=XSV8WPzWU28
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Well said.
Europe is BACK
Time to hunker down until october and then load up for an election/year end rally
Sounds reasonable – Hope the polls show a decisive break late Sept-Oct to give some clarity.
Today is a fucking surprise. I thought it would be a yawner awaiting the ghost of Jobs to levitate the market.
+1. Not too late for Turnaround Tuesday, but last night I was hoping for an up morning and a down afternoon. A down all day session today would be a surprise to me.
“There isn’t anymore corn and Obama is scheduled for another 4 years. ”
Really, you think that? No bull.
Romney is running a pathetic campaign.
Romney is the Repub’s 2012 version of the Dem’s 2004 Kerry.
Wait until the debates.
I agree that the debates could be interesting but if Romney’s campaign so far is any indication, I’m betting it’s a snoozefest.
Romney has all the ammo he needs to bury Obama but he doesn’t seem to have the killer instinct. He’s like a stuffed shirt.
Romney is almost beside the point. If things worsen, then Obama loses.
He is not winning Fla, Va, Indiana, NC nor will he flip a state.
Thus everything comes down to Ohio, Nevada and states like NH, Wisc, Iowa.
Going to be razor thin either way.
Romney is the first GOP candidate in a long time
…that actually sounds like he knows what he is talking about on the economy. Whether he does or not is beside the point.
Everyone knows Obama doesn’t know what he is talking about.
Not really: http://www.huffingtonpost.com/news/pollster
Not sure if you guys follow pollster’s work, but it is very close come election day.
The state’s you mention are very close right now.
Yields on some of that euro debt are a bargain!
~J. Corzine
+1 Fucking LOL
As a president, statesman and leader he pretty much blows.
He is however a consummate politician, excellent orator and master of riding a wave of populism.
With the apparent IQ of the American voter, that is enough to get him in.
Obama believers act like everyone else is stupid.
~ or racist.
Nearly the majority of American’s ARE stupid. By definition 49.9% have below average intelligence.
It is likely that those of us that hang out on here are well educated and have high intelligence (bc of the subject matter and the concepts discussed). So we forget there is a whole other 50% out there.
Im a Obama supporter and I dont think Romney supporters are idiots. We all want what is best of the country. We are all on the same team. We just have a different idea about what that is and how to get there.
We We We We.
Ain’t NO We, pal.
It would be a miracle if HOBOma supporters and 99.9% of the Democrats renounced their citizenship and got outta the U-S-A.
If this fantasy were to occur, America could actually get our house back in order.
Speak for yourself, it’s been a long road to ruin, and the elephants have long memories.
As a president, statesman and leader he pretty much blows.
He is however a consummate politician, excellent orator and master of riding a wave of populism. Able to sway crowds with his rhetoric somewhat reminiscent of despots in the not so distant past. (ask your grandparents about the 1930’s 40’s if they are around yet.)
With the apparent IQ of the American voter, those attributes are enough to get him back in.
Requiem redux – HOPE and CHANGE are now MOPE and BLAME.
saw bumper sticker “NOPE!” with obama O for 0
Obama sucks big dicks. He can not and will not work with congress. Romney is our only hope for the future of this country.
lol
ROTFLMAO!!!
How stupid was that statement.. ..you’ve got to be a literal imbecile to believe that.
hide yo wife, hide yo kids
..fuckin @sian sector
How is that Magic Hand working for you? Yesterday we were going higher, today it’s lower.
P.S. EXK is a terrible long position right now.
When did I say we were going higher yesterday?
Show me where I said I thought the market was going higher, you sniveling trollop!
Logic dictates, if I went to 40%+ cash yesterday, I didn’t think the market was going higher today, now did I?
The problem with you, and many others in your ilk, is you lack the intelligence to properly hate.
Let me teach you as I hate on you, kicking your head down the street, into the sewer pipe.
When German bond yields begin to rise, they come out and imply a plan is on the horizon (no real intentions). US market linked.
Obama = Bane?
Love the Krullster!
“It’s Over Johnnie!”
Indeed, one nice gap down after AAPL earnings and it’s all ovah.
It’s not winter yet. When the winter comes, it will be winter in the market as well.
Look for a redux of 2008. Difference this time is that all the money will flow into precious metals and out of treasuries.
Fucking Greece.
Corn was americas secret edge that it had on the world. Cheap corn means cheap food. Take that out and you will have mobs.
Rice, not corn, is the secret ingredient. Lose that and see what happens.
thats asia. asia runs on rice while america runs on corn or rather corn feeds for the cows and chicken and high fructose corn for the junk foods and all the soda’s and basically all the rest.
you cant make sugar out of rice yet.
Buy BVSN! It’s back to the level we first noticed it lol.
got beans?
The buffoons that listen to ABCNBCCNNCBSMSNBC all think that Barry has a fighting chance. All Romney has to do is to kick back in his Barca-Lounger and smoke blunts, waiting for Nov. Look at the electorial map of 1980, Carter got five states, Barry will be lucky to get that many.
http://en.wikipedia.org/wiki/File:ElectoralCollege1980.svg
And this is even better.
http://en.wikipedia.org/wiki/File:ElectoralCollege1984.svg
Hats off to Bobby Boucher for his short conviction!
LOL @ Le Fly & Terranova fighting on Twitter.
As to the debates, Willard (yes that is his real first name, did you think it was Mittens?) Will be eviscerated, disemboweled and left to marinate in a pool of his own stammering idiocy.
My dick is buried.
We all know that you can’t f**k your way out of everything.
Winter IS here.