Time to kick some a#%, folks.
Hey now, you're an all star get your game on, go trade
Hey now, you're a trad-er get the show on, get paid
All that glitters is gold
Only shooting stars break the mold...
JI
jimkane
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Posts: 33,089
Amazing bounce right off the same old lines, again, and up 7.75 points so far off that. Just amazing.
JI
jimkane
Rep: 3,058
Posts: 33,089
12.75 off the low at the high so far. Not bad. These maniacs never, ever change, and I doubt they ever will. Good for them. As long as I know, for my short-term trades, the bias is usually 'up', and may remain so for a very long time. Yes, I am aware that this 'bull' is getting long in the tooth, and 'statistically' is pretty much over, but I am also aware that, perhaps if there ever was a time it might be different, this is a good candidate.
It may, literally, not ever have another bear market again until it collapses. It seems unlikely, but it is a possibility. And, when it collapses, if it does so in a hyper-inflationary spiral, the market may do what Zimbabwe did, and be the highest performing market in nominal terms in the world. In real terms, of course, it would likely go down. Dow INDU at over a million, and you can buy less with your portfolio...
It may, literally, not ever have another bear market again until it collapses. It seems unlikely, but it is a possibility. And, when it collapses, if it does so in a hyper-inflationary spiral, the market may do what Zimbabwe did, and be the highest performing market in nominal terms in the world. In real terms, of course, it would likely go down. Dow INDU at over a million, and you can buy less with your portfolio...
JI
jimkane
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Here's a quick article for those still debating hyperdeflation versus hyperinflation.
http://www.zerohedge.com/news/monetary-endgame-score-date-hyperinflations-56-hyperdeflations-0
http://www.zerohedge.com/news/monetary-endgame-score-date-hyperinflations-56-hyperdeflations-0
JI
jimkane
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In case no one noticed, there's been 56 hyperinflations recorded so far. Is that something, or what? 56 times people's money and savings went to essentially zero. But we aren't at risk of that now at all, right? Considering that the money printing, in my opinion, has not even barely gotten started, given how many countries need bailing and haven't even been to the government teat yet...
And, imagine the money printing that will be needed when, by the figures that I consider most likely accurate, $1,600 trillion (that's $1.6 quadrillion) in derivatives goes awry. The Fed's balance sheet went from let's say well under one trillion to over three trillion. I wonder if we might have hyperinflation if it went to say $1,600 trillion? Too funny. In my opinion, again, it's just a matter of time...
And, imagine the money printing that will be needed when, by the figures that I consider most likely accurate, $1,600 trillion (that's $1.6 quadrillion) in derivatives goes awry. The Fed's balance sheet went from let's say well under one trillion to over three trillion. I wonder if we might have hyperinflation if it went to say $1,600 trillion? Too funny. In my opinion, again, it's just a matter of time...
JI
jimkane
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This is too funny. I wish...
http://www.zerohedge.com/news/bonds-are-proven-right-once-again-400-next-stop-sp
http://www.zerohedge.com/news/bonds-are-proven-right-once-again-400-next-stop-sp
RO
roofer
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Posts: 3,574
spent the weekend pouring over as much details of romney at bain capital as i could find. pure evil... if either romney or obama are elected president the nation will implode...
JI
jimkane
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Posts: 33,089
That's been my point, roofer. The country is over, a dead man walking. It doesn't matter what puppet they put in there, it's all over but the crying. Literally. America is gone. And we ain't the only country, this is a global phenomenon.
JI
jimkane
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Posts: 33,089
And while we are on Romney, look at those sponsors...
http://slopeofhope.typepad.com/.a/6a00e009898222883301774479a2d6970d
http://slopeofhope.typepad.com/.a/6a00e009898222883301774479a2d6970d
JI
jimkane
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Posts: 33,089
Is someone really serious? I got voted down for this post in my own forum? We gave up the voting system long ago when Guy stripped us all of all our points that we incurred inside the private forum. But really, if you don't agree with what I said, you haven't been following me for very long. I've been saying this for years and years, back in my old website commentaries, way before anyone else anywhere was saying this. If someone disagrees with this viewpoint they must not have been following me for very long, or they would have went elsewhere long ago.
It's not about agreeing with me because this is my forum, it's about the evidence for the below statements is beyond obvious. I ask the person who voted this down to spend some serious time reading the posts over at ZeroHedge, and if you still disagree, this forum just isn't for you. Sorry. Time for you to leave.
The only allowance I would give here is if the post was voted down because this is the trading thread and it was thought it should be posted elsewhere. But, if so, then I'll have to start cracking down on all the other posts in here that aren't strictly on topic. I mean, get serious, there is only a handful of us in here, and we have been like family. There isn't any room for voting posts down in here (or even wasting our time anymore voting them up).
It's not about agreeing with me because this is my forum, it's about the evidence for the below statements is beyond obvious. I ask the person who voted this down to spend some serious time reading the posts over at ZeroHedge, and if you still disagree, this forum just isn't for you. Sorry. Time for you to leave.
The only allowance I would give here is if the post was voted down because this is the trading thread and it was thought it should be posted elsewhere. But, if so, then I'll have to start cracking down on all the other posts in here that aren't strictly on topic. I mean, get serious, there is only a handful of us in here, and we have been like family. There isn't any room for voting posts down in here (or even wasting our time anymore voting them up).
Originally posted by jimkane
That's been my point, roofer. The country is over, a dead man walking. It doesn't matter what puppet they put in there, it's all over but the crying. Literally. America is gone. And we ain't the only country, this is a global phenomenon.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, I agree here with how effective 'Dragh Queen's' new 'plan' will be. Same old, same old.
http://www.zerohedge.com/contributed/2012-09-07/marios-shock-and-awe
http://www.zerohedge.com/contributed/2012-09-07/marios-shock-and-awe