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Counter trend Rally (urbansurvival)

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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-15-09 01:08 PM
Original message
Counter trend Rally (urbansurvival)
more: http://urbansurvival.com/week.htm


EXCERPT:
A friend of my called from New Zealand yesterday and explained the recent market performance this way: "I think what a lot of Americans are doing right now is getting out of paper dollars, on the thought that it's safe to own a piece of IBM or other well-run American company than it is to hold paper dollars..." Sounded like a reasonable explanation of why the market has been going up lately.

"But what about that tipping point where suddenly people realize that owning a piece of IBM, or any other good company, isn't going to matter because the ultimate market size is going to be whacked in half - or less - because of the onset of the harsh part of Depression Two?" I asked him.

Since there are no textbooks on predictive linguistics as applied to financial markets, despite being intimately involved in reading the forecasts since the technology went public in June of 2001, I still am not sure how to play a specific market in response to the expectations. We can see things tipping 11-days from now, but which way? Will Depression 2 dawn, or will the Treasury, Fed, and the folks currently loosing have one of history's greatest ever running of the Bulls? A large well-orchestrated dollar rally would sink gold, push the market back toward believable levels, and so forth...---

The evidence of Depression 2 continues to mount. Since the Cost of Living adjustments for people on Social Security has become something of a cruel joke, the administration has announced a plan to make $250 one-time payments to seniors. Don't spend it all in one place.
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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-15-09 02:14 PM
Response to Original message
1. The ultimate sucker rally.
Drive the sheeple into a perceived safe position so the boys can dump what shares they have left.
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katty Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-15-09 04:25 PM
Response to Reply #1
2. exactly
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