Posted on 08/10/2009 6:08:02 AM PDT by FromLori
Edited on 08/10/2009 6:13:27 AM PDT by Admin Moderator. [history]
When everyone is thinking the same thing, it never happens, and what everyone is thinking right now is that when August is over, and we get down to business, this market's going to be in for some hurt.
Folks have been saying it all summer, as bulls make mincemeat of bears without mercy. And now traders are starting to place their bets on the wheels coming off soon.
(Excerpt) Read more at businessinsider.com ...
I personally would NEVER condone violence of ANY kind. I am totally for polite speech and dialogue. No confrontation of any kind. I only hope that if and when something happens, it happens to the fish heads and not to he poor, ignorant goons in the street. I know the arguement is that someone else will just take their place, but I can’t help but believe the military’s targeting of Taliban leaders is sound policy.
Yeah, I read it. Not sure it makes a lot of sense. If the financial system melts down (again) on Obama’s watch, he takes the blame. I can’t believe that is what ACORN really wants. Of course, that assumes that are rational.....
I fear it is and I don't see anything short of backing off and letting the liberals continue their march to socialism for America. Sadly, many of them do not see it for what it is, an inexorable slide down the slope from individualism and the freedom to succeed or FAIL to socialism and collectivism and the leveling of the playing field not by raising those at the bottom but by lowering those at the top. Many liberals give absolutely no thought whatsoever to what comes along with the ‘fairness’ and ‘toleration’ for which they clamor. Not so those behind the scenes. They know full well what the goal is and play the useful idiots like an instrument. And, when they've attained their goal all those useful idiots who were duped into playing along will the first to fall and will fall the hardest. Actually, many liberals give no thought to anything, everything they do is based on feelings and how things should be, not how things are.
For over 40 years now the forces that are tearing us apart have been quietly growing and keeping a very low profile. Now that those forces have the minds and votes of just about half the population they are making their move. And it's an all out offensive based on their knowing that it's now or never.
It's coming alright, and I don't think conservatives are going to back off and let the the other side resume business as usual. I think we are reaching the point where those who produce and know how to make things happen and get things done will feel it's time to free up some resources and take on the threat. Reminds me of the great old song of the late 40’s or so with the theme, “When an irresistible force such as you, meets an immovable object like me, something’s gotta give.”
Every stock-market cycle provides additional evidence that very few people (and that includes so-called “investment professionals”) can profitably time the market. You have to get not one but two decisions correct: (1) when to get out and (2) when to get back in.
And it is the only thing that will stop this bunch. Rule-of-law is dead.
From the Obamanationist's point of view, they will take the CREDIT, not blame. They want our capitalist system to collapse and fail so they can start anew with their Marxist "Change" system.
Contrary opinion.
Goldman Sachs Raises Forecast For Chinese GDP To 9.4pc For 2009
PS...I don't trust GS.
Been watching CNBC heavily,...this morning interviewing three Hedge Plan managers,...they see recovery but no increase in consumer spending....no mention of anything to happen in Sept , Oct....
I got out of equities last Friday, taking advantage of the euphoria over the unemployment number.
Sounds about right. Hopey Changey has been claiming that the economy is recovering thanks to his brilliant strategy of poring unspent money down black holes (no pun intended!).
Well, the s—t is about to hit the fan!! By November, we are going to be in very deep doo-doo!!
I think so, too!!
I keep thinking about starting a website for tracking published predictions.
“Everybody was bracing for a late July collapse, so I pulled out the balance of my funds into the money market, and missed the July rally entirely.
Hopefully there is another crash so I can jump back in again like I did in March.”
By my calculation, if you just keep revising your prediction each month by putting the date out one more month, eventually you will be right!!
“I keep thinking about stating a website for tracking published predictions.”
There is one already, it’s called www.prophecies.net
On Squawkbox Europe last night, they interviewed an American economist and he was talking about a January downturn...
The Failed Obama Administration© will save the day!!!!!!
The failed anti-American policies of the Obama administration and the Democrat congress.
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