There is a lot of doom and gloom, for a very good reason. America is one being fucking PIPE investment. We are a God damned warrant attached to the debt of the banks. With over $7 trillion in collective debt at the banks, the government is in a lose-lose situation. The bond holders need to be wiped clean.
Fuck Bill Gross and his asshole friends. It’s time for those guys to eat pavement.
We have GE breaking through $10, commercial Re names getting buried and, at the same time, assholes getting long oil/ag.
Listen to me, there are WAREHOUSES full of potash. The producers of potash are purposely manipulating the price upward. Watch, within a year, either the price of potash crashes or they are charged with collusion. Stock like MOS, POT and AGU should trade lower
Aside from America, Europe is fucked too. My favorite way to rape Europe is long DRR.
Basically, you have no right buying stocks here. If you are scared to short, stay on the sideline and get your popcorn ready.
Remember, the market is down here, well below the 200 day moving average, because the economy of the United States is on the precipice of outright collapse.
UPDATE: I bought 2,000 EEV @ $58.55.
Liesman vs Santelli:
[youtube:http://www.youtube.com/watch?v=jiCOb49vVVM 450 300] Comments »