Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Kayaker who wrote (164476)	2/24/2012 12:07:41 PM
From: t4texas	Read Replies (1) \| Respond to of 206338

yes, i saw lakshman on cnbc this morning. i liked your first link provided, i.e., jugglingdynamite.com, for the bloomberg audio link too. lakshman in this cnbc interview is giving some of the coincident indicators, hard data as he calls it, to support his earlier, september 2011, "recession is coming call" coming from the long lead indicators. lakshman spent almost no time saying whether ecri's long lead indicators had shown any signs of changing direction, but that was not lakshman's fault. joe kernen is so interested in slapping andrew sorkin around that he sucked up about a minute of the interview with that. becky quick's recent doofusness also took some time away from more substance. so i will just assume the long lead indicators have shown no inflection or rate of change. it appears ecri is digging in here to say the data coming out is in support of the long lead indicators from 2011. ecri still thinks a recession is coming and may have started in the first quarter of 2012 (which is the quarter we are in). lakshman leans a lot on the world central bank money printing/credit expansion Without the velocity of that credit expansion going into the economy. rather he wants to make the case that the extra credit is going into the stock market, commodity market, and bond market. i believe lakshman is going to be right, but i am not short anything. in fact i have had 80% or 90% of my money in the market. i have done it in self defense, and i am very happy about it over the past couple of years. i will be in exit mode sometime in the next weeks to months before may/june. at least that is my plan so far.