While all eyes were focused today on the Fed's rate cut, the big news was the Fed's latest cockamamie effort to save world.
Just when you thought the insanity couldn't get crazier, the Fed announced it's now going to funnel a massive $120 billion of U.S. funds into Brazil, South Korea, Singapore, and Mexico! We're circlingthe toliet bowl and we're sending money to other countries!
And that's on top of the IMF bailouts already committed to the Ukraine ($16.5 billion), Iceland ($2.1 billion), and Hungary ($25.5 billion)!
In response, some folks are cheering with glee, blindly believing that Mr. Bernanke can play Santa Claus, the Pied Piper and the Fairy Godmother all in one act. What idiots!!!
Anyone with any experience with the real world is quickly coming to the realization that Mr. Bernanke is Desperate — resorting to the radical measures of all time.
Playing his last cards — realizing that if these last-ditch rescues don't work, it's game over.
Taking huge risks — that his rescue-the-whole-world schemes will in the form of falling confidence in the U.S. government as a whole! Meanwhile, the much ballyhooed Fed rate cut was a dud!
After all the hope and prayer implied in yesterday's stock-market surge, today, the market literally saw a ghost: Just in the final 12 minutes of trading — from today's post-rate-cut high to the closing bell — the Dow nosedived by an alarming 372 points! And the fools on TV were tellingyou we had hit the bottom! What morons!!!
Not exactly a polite "thank you" note to Mr. Bernanke for his half-point rate cut! He sure does not get my "thank you"!
Bottom line: Some investors can be fooled some of the time. But the investors that move the market are painfully aware of one simple fact:
Mr. Bernanke cannot drop interest rates below zero!
He cannot force banks to lend money!
He can't compel consumers to borrow, or make people spend. Of course, ourso called "wise" leaders are doing plenty of it for us!
Nor can he turn back the clock to undo decades of financial sins ... or repeal the law of gravity and stop investors from selling.
Indeed, all of this week's wild events merely underscore that we are indeep, deep trouble and the Fed and that group of bandits and the politiciansare selling us out. I'm ashamed of my country, I really am!
Wednesday, October 29, 2008
Saturday, October 25, 2008
Won't This All Be Inflationary?
It's a popular notion when the financial winds are blowing unfavorably:
Money is being printed uncontrollably ... inflation is the only option ... fiat currencies are doomed.
The thing is, if you're buying into this idea, you're mostly perpetuating a misconception. Actually, inflation isn't as simple and certain as it's cracked up to be.
Until the global economy recently got tossed on its rear end, prices were rising in most every part of the world. The focus, of course, was on the cost of energy, food and various other raw materials. Central banks in a position to stand firm on monetary policy did so at all costs. Inflation was the real threat.
But did that idea get turned around in the blink of an eye or what?
Prices for natural resources have collapsed and continue lower still. Economies, developed and emerging, are feeling the pain of a U.S.-led slowdown. Global capital flow is shifting direction and composition. In other words, money is escaping risky assets and making a beeline to safer U.S.-dollar based assets and cash.
The majority is starting to agree that deflationary forces are becoming strong. And at times when recession spans much of the globe, any upward pressure on prices nearly vanishes.
But even those joining the deflation camp now have no idea what to expect in the future. They see all the money being pumped into the system and feel as though that seals the deal on a nasty wave of inflation not far down the road.
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Money is being printed uncontrollably ... inflation is the only option ... fiat currencies are doomed.
The thing is, if you're buying into this idea, you're mostly perpetuating a misconception. Actually, inflation isn't as simple and certain as it's cracked up to be.
Until the global economy recently got tossed on its rear end, prices were rising in most every part of the world. The focus, of course, was on the cost of energy, food and various other raw materials. Central banks in a position to stand firm on monetary policy did so at all costs. Inflation was the real threat.
But did that idea get turned around in the blink of an eye or what?
Prices for natural resources have collapsed and continue lower still. Economies, developed and emerging, are feeling the pain of a U.S.-led slowdown. Global capital flow is shifting direction and composition. In other words, money is escaping risky assets and making a beeline to safer U.S.-dollar based assets and cash.
The majority is starting to agree that deflationary forces are becoming strong. And at times when recession spans much of the globe, any upward pressure on prices nearly vanishes.
But even those joining the deflation camp now have no idea what to expect in the future. They see all the money being pumped into the system and feel as though that seals the deal on a nasty wave of inflation not far down the road.
If Only Sarah Palin and Joe The Plumber Knew That...
You get $600 For Just Sending People To Our Site...
...Well, sometimes it is only $400...
But that is all you have to do...
...Our program is catching on like wildfire...
$500,000+ paid out since mid-June...
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Short webcast explains all...
...Visit Us Now....
at http://www.fastbuyerloans.com
fastbuyerloans@gmail.com
Thursday, October 23, 2008
Dow Chemcial Co. (DOW).
DOW - The Dow Chemical Co.
This major manufacturer of chemicals, plastic materials, and agricultural chemicals is at its lowest price since early 1995 and has fallen more than 60% from its high of $56 in March 2005.
This is a fine example of a blue-chip stock that has fallen on hard times, but it is a diamond worth owning at a fraction of its worth and the cornerstone of many quality portfolios.
And now is the time to develop alternate sources of
income before you need it. I suggest you attend the
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"I can accept FAILURE, but I can't accept NOT TRYING."
This major manufacturer of chemicals, plastic materials, and agricultural chemicals is at its lowest price since early 1995 and has fallen more than 60% from its high of $56 in March 2005.
This is a fine example of a blue-chip stock that has fallen on hard times, but it is a diamond worth owning at a fraction of its worth and the cornerstone of many quality portfolios.
And now is the time to develop alternate sources of
income before you need it. I suggest you attend the
Tues and Wed webcasts at 8pm Eastern to see how you
can start to insure your future with very little
cost. Register now at http://www.fastbuyerloans.com
and get your free ebook.
Larry Potter
847-872-4047
"I can accept FAILURE, but I can't accept NOT TRYING."
Monday, October 20, 2008
FOLLOW THE MARKET'S FOOTSTEPS
After last Monday’s sharp rally, many technicians jumped to the conclusion that the bear was dead -- expunged in a wave of selling in a classic capitulation with high volume and enormous negative breadth.
Classic selling climaxes are known for all of that but also much more. What should have followed was a wave of high-volume buying, as big investors rushed after bargains. Instead, the major market indices bounced around with little conviction on either side and offered even more volatility until the close on Friday.
On Friday, options expiration provided for some action but, in the end, turned into a flattening-out process. After holding a gain for hours, the market finally sold off leaving us with a perfect little symmetrical triangle. And volume on Friday was not inspiring, either, with just 1.7 billion shares trading and a stand-off of advancers versus decliners.
The CBOE Volatility Index (VIX) made record highs, but this was not confirmed by one of my favorite indicators, the American Association of Individual Investors index, which suddenly switched to bullish from record bearish just the week before -- a very bad sign.
For now, we should keep our powder dry. Before we get knee deep in muck, let’s wait for much more direction from the sentiment and internal indicators and a sense of conviction on the part of the major market players. In such a volatile environment, it is much more prudent to be a follower than a buyer.
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Classic selling climaxes are known for all of that but also much more. What should have followed was a wave of high-volume buying, as big investors rushed after bargains. Instead, the major market indices bounced around with little conviction on either side and offered even more volatility until the close on Friday.
On Friday, options expiration provided for some action but, in the end, turned into a flattening-out process. After holding a gain for hours, the market finally sold off leaving us with a perfect little symmetrical triangle. And volume on Friday was not inspiring, either, with just 1.7 billion shares trading and a stand-off of advancers versus decliners.
The CBOE Volatility Index (VIX) made record highs, but this was not confirmed by one of my favorite indicators, the American Association of Individual Investors index, which suddenly switched to bullish from record bearish just the week before -- a very bad sign.
For now, we should keep our powder dry. Before we get knee deep in muck, let’s wait for much more direction from the sentiment and internal indicators and a sense of conviction on the part of the major market players. In such a volatile environment, it is much more prudent to be a follower than a buyer.
$400 - $600 Per Click...
...Every day...
I'm serious...
...Over $32000 made since June 24rd...
But who's counting...
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Thursday, October 16, 2008
Does Joe The Plumber Know This?
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Another Reason to Like Gold
The credit collapse is not entirely over. Nor is its impact on Main Street.
And as we saw yesterday, there will be more sell-offs, sharp ones that scare the dickens out of nearly everyone.
That's why I suggest sticking mainly with natural resource-based companies that operate businesses which deal in assets that have intrinsic value — and that will be the main recipients of the next wave of what I call the "Great Re-inflation."
At the top of that list is my all-time favorite: Gold.
And for not using any money, we like real estate.
And as we saw yesterday, there will be more sell-offs, sharp ones that scare the dickens out of nearly everyone.
That's why I suggest sticking mainly with natural resource-based companies that operate businesses which deal in assets that have intrinsic value — and that will be the main recipients of the next wave of what I call the "Great Re-inflation."
At the top of that list is my all-time favorite: Gold.
And for not using any money, we like real estate.
Monday, October 6, 2008
This market is insane... let's see...
... the market dropped last Monday when the bailout bill failed.
On Friday, the bailout bill passed, but the Dow dropped after the bill passed.
Going into the vote, the Dow was up almost 300 points, but within an hour of passing, all of those gains were wiped out.
It is a fragile, fragile market right now. Handle with care.
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On Friday, the bailout bill passed, but the Dow dropped after the bill passed.
Going into the vote, the Dow was up almost 300 points, but within an hour of passing, all of those gains were wiped out.
It is a fragile, fragile market right now. Handle with care.
We have now introduced our newest program that provides you with Private Funds
to use for Flipping Short Sale Transactions. Line up a prequalified buyer
and our Investor can provide the Proof of Funds and the Cash to buy the
short sale from the Bank.
Cost of Funds is 1% plus $300 flat fee all paid from your profits at closing.
Buy a home worth $200,000 in a short sale for $100,000 and resale for $150,000.
You keep $50,000 minus 1% (1,000+$300 flat fee).
... http://www.fastbuyerloans.com
Friday, October 3, 2008
Some Stocks
If you insist on investing in stocks at this time, discount retailers like Costco
and Dollar Tree have decent-looking charts. Two others that jump out are consumer
staples Pepsi and McDonald's.
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and Dollar Tree have decent-looking charts. Two others that jump out are consumer
staples Pepsi and McDonald's.
http://www.fastbuyerloans.com
http://www.fundsforshortsales.com
http://www.myspace.com/homebusinessnow
All are sitew you should check out...
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