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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (5207)	1/4/2010 3:13:10 PM
From: John McCarthy	Respond to of 26251

Lets be clear I thought I was responding to this .... Judging from the massive push over the last nine months, I wouldn't put anything past the Government - their careers are on the line going into the November Elections. The US Government is, obviously, sacrificing the future of the country in a blatant attempt to save themselves. In particular I thought this was well stated: The US Government is, obviously, sacrificing the future of the country in a blatant attempt to save themselves. My point was: We are past that. There is some new dogma emerging - it basically says: Debt has no consequence. Therefore ... With respect to amateur etc. remarks: I know where to find them.

To: Rarebird who wrote (5207)	1/5/2010 6:36:14 AM
From: westpacific	Read Replies (1) \| Respond to of 26251

So many models in play; just unreal. It is just one massive mixed picture at the moment. 1140 pivot 740/1220 SPX 2010 Channel 8.6 month cycle hit yesterday 31.4 month cycle finish in June, anything can happen into this as the cycle off the top is still not finished! New all time highs in next few years due to government printing, inflation based we will all be much more poor. Some interesting pattern plays ongoing to be discussed when needed. Will be posting much less in 2010 and only when it is of importance. This may become the sole board I post on, rarebird thinks much like I do and his work is solid. FED will go the route of Japan printing and loaning in place of private sector. Capital Flows rule all; wait till China bubble pops. West