Posted on 06/04/2012 6:29:29 AM PDT by SoFloFreeper
So, how bad does Obama get beat in November?
Markets in Europe didn’t plunge? I think the very bad futures were based on expectations from Japan’s plunge. Europe’s non-catastrophic opening probably put away jitters of a Black Monday-type panic.
More bad factory data. Ours and China's.
—Why is oil coming down? It is all for Obama.—
I’m gonna guess that oil, silver, gold and stocks are all going down as measured in dollars because thanks to fewer and fewer people willing to catch the falling knife in Europe, everyone’s going to the dollar, temporarily jacking up its value.
So all those commodities are not worth less. Rather, the dollar is just worth a lot more. Wait’ll before the election when the impact of “printing” dollars really kicks in. ;-)
See my #45. We said it differently and brought up different specifics, but I think we are on the same page.
The latest line of crap-—
U.S. stocks nosed higher to start Monday trading, getting a lift from reports European leaders were moving closer to some sort of bailout for Spain’s fragile banking system, but hemmed in by weak Chinese services sector activity and Friday’s disappointing U.S. jobs report.
Institutions taking advantage of the drop on Friday. Up 22 is pretty much flat, but there are buying opportunities that can drive it back up after a big drop.
Well, I told you so, in a post to FR yesterday:
“Market will sell off early, bargain hunters will come in the afternoon, averages may well end unchanged.”
As it turns out, it turned around earlier than I expected. The Dow was down only 60 points, and now it is nearly even.
Remember, the market factors in all known information. Did anything startling happen over the weekend? No. So it is equally like to go up or go down.
I’m still waiting to buy, if the prices hit my targets.
http://www.freerepublic.com/focus/f-news/2891315/posts
BIG MISS: April Factory Orders Fall 0.6%, Ex-Cars Fall 1.1%
Read more: http://www.businessinsider.com/april-factory-orders-2012-6#ixzz1wpopSZ3s
The point range isn’t huge, but it’s still struggling right now, over an hour in. I suspect it will break one way or the other though.
Not that the RADIO announcing every one should be short so that they could take it in the shorts has anything to do with it. Why that would be evil and a shearing of the sheeple.
The markets is dead Jim, just the Borgs and Con artists left.
So much for the “expert” predictions last night. I may eat my words later. Why? ‘Cause it’s called gambling unless you have enough money to manipulate the market. It’s like a “card mechanic”. He doesn’t consider it gambling.
Soros is using fuzzy math.
I didn’t know which one to choose:
Planning & Placement Team
Program Processing Table
Performance Price Tradeoff (government contracts)
Pupil Personnel Team
Pulse Pair Timing
Precision Pad Technology
Personally Procured Transportation
Permeability Plugging Tester (drilling industry)
Post Production Test
Production Prove-out Test
Partners for Public Transportation
Principles and Parameter Theory
Physical Prototyping Team
Product Positioning Time
Pass Prediction Table
Package Peak Temperature
Paid Part-Timer
Pacific Play Tent
Parts Per Thousand
Because the market is being manpulated. When he first occupied the WhiteHouse,a member of his Administration stated on the news that when the stock market had a down day, the next they[the Administration] would send in buyers to run the market up.
Plunge Protection Team, a mythical organization sometimes said to be tied to the government which purchases stocks and derivatives when they believe the market is going to drop, to stop the collapse of the market.
They have plenty of cash. Bernanke is cranking it out, and known to be buying Treasuries. What better place for it than holding up the stock market?
They have plenty of cash. Bernanke is cranking it out, and known to be buying Treasuries. What better place for it than holding up the stock market?
I don’t think it is mythical, apart from it’s name. The operation does exist, but its name is more official/Washingtonese than PPT.
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