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

To: Crimson Ghost who wrote (5595)	4/16/2010 11:46:35 AM
From: westpacific	Respond to of 26251

Bull? You mean this K wave Superdome finish and global credit collapse; the rally is all part of the Bear...going to be very violent up and down in the coming 5 years. The Superdome top was reached at market highs and it is all downhill from here; with rallies back up due to insane printing and belief the bear has to be finished... This bear is like none in history...due to nature of balance sheets around the globe. Cannot see one technical reason to call this a bull market; as it is not. Banking and Real Estate Debt been piled onto taxpayer; pure rot! Off Balance Sheet; Warehousing has all painted a false picture. They try it again there will be riots in this country! Real Estate Cycle Wise is DOA until 2033! Thus war is their last option; and that chapter begins late this year... I see no cycle breakout into a new bull as far out as 2015, we may get lucky and see it in 2013 but me thinks not. West

To: Crimson Ghost who wrote (5595)	4/16/2010 12:08:27 PM
From: Rarebird	Read Replies (1) \| Respond to of 26251

Maximizing Profit (Greed) has always been the spirit of Capitalism. The person who works on the assembly line at Jaguar cannot afford to buy the car he helps shape. Marx called that alienated labor. I understood that relation at a very young age and willed to transcend it. Did I succeed? Yes, for the most part. The stock market has always been one of the fields where the rich have become richer. Life has never been fair, Crimson. Money has always bought power and control. Obama is just the modern testimonial to that. The public primarily entered the stock market arena in the mid-90's when valuations got stretched beyond reason. Ultimately, the average Joe tends to become the patsy (or sucker) by constantly falling for the BS of Big Brother, whether it is weapons of mass destruction in Iraq or trickle down supply side economics. Most of my friends look at me like I'm nuts when I talk about the stock market. They ask me why I'm interested in that since I earn a good living.