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Stock Market On the Edge of Something Very Big, Crash?
The Market Oracle ^
| 6-9-2010
| Anthony Cherniawski
Posted on 06/09/2010 6:38:40 PM PDT by blam
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To: pepsi_junkie
That is a truism most of the time.
Right now though this is a false market being manipulated by big government players in the arena. Nothing is at it appears to be and some players that look solid can and will be taken out of the game overnight.
Even a true contrarian doesn’t gamble on such huge ambiguities.
21
posted on
06/10/2010 4:16:30 AM PDT
by
EBH
(Our First Right...."it is the Right of the People to alter or to abolish it,")
To: rbg81
“I think Obama seizing BP or forcing them to divest all their assets to insure the “welfare” of the Gulf region would do it.”
I know of no legal way for him to accomplish that. I’m sure he would like to, though.
To: webstersII
I know of no legal way for him to accomplish that. I’m sure he would like to, though.
The only problem is that the British welfare system (especially pensions) is funded with BP stock. If Obama trys to grab BP he will plunge Britain and then Europe off the deep end. The question is can the Euros stop him.
23
posted on
06/10/2010 4:58:45 AM PDT
by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: webstersII
He’d like to appoint Van Jones as CEO. Use your imagination from there.
24
posted on
06/10/2010 5:25:03 AM PDT
by
rbg81
(DRAIN THE SWAMP!!)
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