Sorry, OC, but I think you are plain wrong.
If and when bad news comes out (like more foreign failures) and the market starts to tank, the FED will just drop the prime again to grease the pump more. Its a strategy to help the rest of the world.
We had a correction, but the bear market correction is over now, IMO.
Now, although I'm once again bullish, I must tell you that there is a whooshing sound of capital leaving our market towards Asia and other countries.
Again, however, the FED is just gonna keep dropping the rate until Asia is good and healthy... and then tighten monetary policy again after that to soak up all the excess gooshiness.
This is a tactical control system strategy that I couldn't have designed better myself (I am a control systems engineer by training, mind you).
Nonetheless, I don't see this as helpful OR harmful to AMZN, which is a simple joke of a trading vehicle. It is a manipulated low float piece of boilerplated trash that the biggest whores on Wall Street have used to continually squeeze amateur shorters.
I don't get squeezed that easy. I shorted it from 143 down to 77, and only then covered. I, unlike most, enjoy a 100% perfect trading record on the "thing".
Now, I only want to get the word out so that no others are manipulated into losing money to the Vinik/MSDW/Bezos/Meeker/BARS/TMF conspiracy, towards the AOL/AMZN/YHOO bermuda triangle of black hole momo short-squeezing conspiratorial death.
The conspiracy of collusion is now unveiled.
Let the counter-conspiracy of TRUTH reign upon all investors.
-- Zax
P.S. I suggest you join me in going long on KTEL. At least my plan here is out in the open... not a hidden hypocritical agenda of a company pretending to give investing lesson (thats for you, Mr Gardner), and really abusing its position to enrich its own principals.
Folks, lets go squeeze us some KTEL shorts. Sorry, I don't have a six billion dollar hedge fund to back me up, or brokerage newswire access, or web newsfeeds to YHOO and AOL.
I do have dog though. He gives great investment advice. He seems to just "know" things. |
