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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ggersh who wrote (104444)	8/14/2009 11:32:51 AM
From: TH	3 Recommendations Read Replies (2) of 110194

ggersh, I agree with the prognosis if it goes that way, I'm just not as sure that 4 is a lock just yet. Who the hell bought the 30 yesterday? Good grief I could think of better bets. In six weeks all the idiot heads will be saying the following: -We should have seen it coming -Too far too fast -Fundamentals matter I laugh at the endless parade of heads I hear on CNBS and in bullish reworked headlines. I'm sorry, but a recovery rally based on nothing but the behind-the-curtain workings of a bunch of incompetent bureaucrats and the corrupt trading houses that OWN them is doomed to fail. I wonder if any of these idiots have really talked to consumers. I bet they haven't. This morning I talked with a personal friend who is now 8 months out of work and desperately trying to renegotiate his mortgage. Today he is going to some public office to find out if he gets an extra 20 weeks approximately of benefits, courtesy of an Obama extension. I'm scrambling to find work for him and a few other personal friends. I may even offer him six months on contract to do a specific task for me in the fall. He said to me, "I never expected to be in this position, I never dreamed of it". The market should be down 300 on the news from this week. If they rally it into the close, everyone must realize that this is manipulation. Play at your own risk. OT: I do not watch Letterman or any of the talk show types. Last night was an exception. Sir Paul made what I guess was his first appearance. Amazing how quick a mind he still has after all these years. And honestly, all the more amazing after Bob Marley doses of the Delta-9 for the better part of four decades. Hope there is a Youtube up soon. GT TH

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