Added by Dave on November 1, 2009 at 7:46pm —
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Added by Dave on July 26, 2009 at 4:20pm —
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The stock market is said to be a vicious beast, trying to hurt as many investors as possible. And last week it hurt the bears by luring them into the perfect bear trap.
On July 7, everything seemed to be clear. Most European and some U.S. indexes had just broken below what looked like head and shoulder formations. This seemed to be the logical conclusion of the stock market’s advance off of the March lows, which was a very doubtful move with low volume and horrible fundamentals.
By now, though…
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Added by Dave on July 22, 2009 at 9:43am —
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I suspect though that those double tops might be used for another jam job on the bears like the previous H&S breakdown was.
IMO somebody really wants this to look like a "V" shaped "recovery".
My thinking is that "they" think if they can keep the markets propped, it will encourage people to spend more (more money in the 401k, things must be improving), and give some 'organic/normal' revenue to the rest of the economy. If they can show an increase (or even slight or flat), then companies wi…
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Added by Dave on July 20, 2009 at 11:30pm —
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Plus a blog you probably haven't read yet
Dr. Joern Berninger's YouTube Channel - A MUST WATCH.
Dr. Joern Berninger's blog - A MUST READ.
Warren Pollock's YouTube channel - The "reset" will be web-televised..
Listed on the left side of my main blog Continue
Added by Dave on July 18, 2009 at 5:00pm —
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Added by Dave on July 15, 2009 at 12:11pm —
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Hmm... Released on a US market holiday, no less. Maybe they were trying to do this quietly?
China Launches Pilot Program for Yuan Trade Settlement
07-03 11:17 Caijing
China's central bank designated Bank of China's Hong Kong-listed unit as the clearing bank for the pilot Yuan trade settlement program.
By staff reporter Wang Ziwu
(Caijing.com.cn) The central bank has published rules governing trials for set…
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Added by Dave on July 4, 2009 at 1:58am —
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Kinda wish we had a clip of what he was saying earlier that day...
http://www.cnbc.com/id/15840232?video=1128608144&play=1 Continue
Added by Dave on June 27, 2009 at 6:11pm —
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Added by Dave on June 26, 2009 at 6:17pm —
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Added by Dave on June 26, 2009 at 3:18pm —
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I have been contending that the Fed is propping up the markets via gunning the ETFs and futures markets. Suspicious market behavior has been documented by the excellent
ZeroHedge and
Karl Denniger.
Question is, why would the Fed do this? Absent a motive, it's rank speculation at best.
To motive: I could only imagine that they think by somehow supporting equity prices,…
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Added by Dave on June 26, 2009 at 2:00am —
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IMO this is *exceedingly* bearish for equities.
http://247wallst.com/2009/06/22/gold-fields-drops-pursuit-of-new-capital-gfi/
They wouldn't do this unless they expected the market and/or gold to drop, and/or the dollar to rise.
Looks like the secondary offering pumping
http://stocktock.ning.com/profiles/blogs/die-you-bastard is OVER…
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Added by Dave on June 22, 2009 at 3:39pm —
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Market Skeptics has been doing an absolutely bang-up job following this crisis in the making:
http://www.marketskeptics.com/2009/06/usda-deliberately-misleading-investors.html
To that end, I'd like to add some fuel to that particular fire: Wheat fungus on the move!
http://seekingalpha.com/article…
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Added by Dave on June 19, 2009 at 1:00pm —
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Added by Dave on June 18, 2009 at 6:49pm —
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If someone would be so kind, please pick apart my reasoning here:
The way I see it, as long as the professional money managers *don't* buy into this rally, it will not last, and I don't think the pros are buying equities. The smart ones will be buying high-grade corporate bonds. This only makes sense, considering they pay 6-9% and are backstopped by the Federal gov't because they're 'too big to fail'. This may or may not prove to be a good strategy the way I see things playing out.
Money will…
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Added by Dave on June 13, 2009 at 7:30pm —
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Added by Dave on June 12, 2009 at 3:00am —
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Despite the stupefying number of bearish developments, I'm sure you noticed that SPY (and the markets in general) have for some reason been getting some incredible buying action lately... Especially at the close.
Well, guess what. "They" will keep the market up until they're done with their secondary offerings.
http://www.theundergroundinvestor.com/2009…
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Added by Dave on June 9, 2009 at 1:30am —
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The bottom will come when p/e's reach 5-8
http://www.businessinsider.com/henry-blodget-just-a-suckers-rally-says-john-mauldin-2009-3
or there's a bullish cross of 13 & 34 day moving averages on a weekly S&P chart.
…
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Added by Dave on March 15, 2009 at 2:00pm —
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