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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (298798)12/18/2010 10:55:39 AM
From: THRead Replies (1) | Respond to of 306849
 
TR,

Cool video.

What do we see as we near a turn? That is what I've been thinking about lately. And more so that usual, as I keep asking the same damn question, which is, "what the hell trumps 8 billion or so a day?".

Yea, fundamentals. I'm there with you 100% regarding what I think we both believe the fundamentals are, but again, does it matter now? Meaning, Monday, then Tuesday, then....

So, I didn't short yesterday, but I wanted to. I want to every damn day.

Maybe it is going to take a burning a bank or 20. Maybe that 18.5% getting into our streets like in Greece and making a point.

I don't know. Another trader and I were talking about how easy the first half of the year was. There was fear, an extended rebound in the indexes, and signs that all the gubbermint crap was ineffective. Then QE2 was gamed to perfection and since August, I feel every trade is more or less a gamble. I don't want to gamble, I want to position based on extremely good odds. And right now, I simply can't do that.

So, I just keep thinking and waiting and hoping the path is exposed and early.

GT
TH



To: Giordano Bruno who wrote (298798)12/18/2010 1:13:41 PM
From: John McCarthyRead Replies (2) | Respond to of 306849
 
This

Unemployment Situation Worsens as Seasonal Jobs Disappear

just about says it all .....

while ...

In today's Barrons [pg 52]

Jan Hatzius - chief econonomist for Goldman Sachs explains why QE2 should go for - 1 or 2 trillion - IOW - whatever it takes .....

AND it is NOT inflationary due to

* under utilization
* high unemployment
* and all the rest

he goes on ....

to get back to a normal 5.5% unemployment rate takes an
average 2% of GDP - above norm 2.5% - for in the
simple case at least 21/2 years and probably 5 years.

And thats what QE2 buys us .....

What confounds me is simple:

- Mish has published charts showing that at -0- SHORT TERM interest rates - the velocity of money is ALWAYS
ZERO ... so no umph is generated when short term rates = 0

Ben has to know this ....

- (We the people) are trying (aggregate) to reduce debt
and not spend ..... so who can the banks target to give
credit to

- Not in any equation is the reduction of bank reserves
due to the enevitable mega-rampage of foreclosures out
there in the future somewhere

as well as the concomitant future reduction of housing
prices and increase in mortgages under-water.

regards
John



To: Giordano Bruno who wrote (298798)12/18/2010 3:19:29 PM
From: Skeeter BugRespond to of 306849
 
>>No matter, we only live to serve the banks as clearly Congressionally stated this very week right?<<

Uber BIG Capital is the enemy.

yes, they own the banks, but they own a lot more than just banks.

let's look at all the industries robbing and killing society with impunity...

BIG Pharma
BIG Insurance
BIG Military
BIG Security
BIG Agra
BIG Industry (chemicals, etc...)
BIG Media
BIG Religion

their attack on humanity is multi faceted - and yes, they want us mad at the banks and the CEOs - part of their job is to take the heat for the top of the tyrannical pyramid - the house of windsor, the rockefellers, the rothschild's (and no, this isn't anti-jewish, almost all jews are under the same tyranny as the rest us - this is about the privilege, wealth, contact of character or lack thereof of INDIVIDUALS).

the societies of the world are all under attack via their various nefarious corporate fronts.

full spectrum dominance, baby!