Frogwatch wrote:
On Feb 10, 2:54 pm, HK wrote:
Frogwatch wrote:
On Feb 10, 2:36 pm, Keith Nuttle wrote:
Canuck57 wrote:
"HK" wrote in message
...
Frogwatch wrote:
The market reacts to the Porkulus bill, down 283 as Wall St realizes
this spending will cause huge problems without producing any stimulus.
"Wall Street realizes..."?
"Wall Street" is deaf, dumb, and blind, and is totally disconnected from
any sort of reality.
If you "believe" in Wall Street, you are a fool's fool.
Funny, in 30+ years of investing I have never seen the market wrong on
economic futures for more than a few minutes. On daily, weekly, monthly it
has a 100% track record in predicting economic outlook in advance of. It
knew in June, July, August, Sept to the October fall. October in fact was
caused by September when government funded itself exclusively on money
creation!
Wall Street is 100% more accurate than government. In fact the debt crisis
started 2 1/2 years ago and the government did NOTHING! But the markets
knew.
You are right with a twist though. Wall Street and the market is deaf,
dumb, and blind to politicial BS. The politicians can talk all they want,
promise all they want, bailout their buddies all they want, it isn't going
to even going to mater. The makrket only sees and listens to real no BS
results.
I assume that this explains why as today when obama talks the market is
stimulated and looses significant. 2:36pm 370 points and still falling.
Quite a stimulus, down 400 as of 2:55 pm EST
Stocks have been grossly overvalued for years. Now they are down closer
to where they belong. There's only so far a corporation can go with
fraudulent bookkeeping.

Consistency is not to be admired HK when it means being consistently
wrong. Clearly, Obama's ideas have driven the market radically lower
causing the loss of billions of dollars in a few hours. Nothing like
a good start to the inept Obama admin. Is it time for pitchforks and
torches yet?


Hehehe. You know no more about what is going on than you do about
building a "camper" in the back of your truck.

Got a lot of assets at risk? :)

"HK" wrote in message
...
Canuck57 wrote:
"HK" wrote in message
...
Frogwatch wrote:
The market reacts to the Porkulus bill, down 283 as Wall St realizes
this spending will cause huge problems without producing any stimulus.

"Wall Street realizes..."?

"Wall Street" is deaf, dumb, and blind, and is totally disconnected from
any sort of reality.

If you "believe" in Wall Street, you are a fool's fool.

Funny, in 30+ years of investing I have never seen the market wrong on
economic futures for more than a few minutes. On daily, weekly, monthly
it has a 100% track record in predicting economic outlook in advance of.
It knew in June, July, August, Sept to the October fall. October in fact
was caused by September when government funded itself exclusively on
money creation!

Wall Street is 100% more accurate than government. In fact the debt
crisis started 2 1/2 years ago and the government did NOTHING! But the
markets knew.

You are right with a twist though. Wall Street and the market is deaf,
dumb, and blind to politicial BS. The politicians can talk all they
want, promise all they want, bailout their buddies all they want, it
isn't going to even going to mater. The makrket only sees and listens to
real no BS results.

You win the non-sec award of the day.

Dare I ask what "non-sec award" is?

Canuck57 wrote:
"HK" wrote in message
...
Canuck57 wrote:
"HK" wrote in message
...
Frogwatch wrote:
The market reacts to the Porkulus bill, down 283 as Wall St realizes
this spending will cause huge problems without producing any stimulus.
"Wall Street realizes..."?

"Wall Street" is deaf, dumb, and blind, and is totally disconnected from
any sort of reality.

If you "believe" in Wall Street, you are a fool's fool.
Funny, in 30+ years of investing I have never seen the market wrong on
economic futures for more than a few minutes. On daily, weekly, monthly
it has a 100% track record in predicting economic outlook in advance of.
It knew in June, July, August, Sept to the October fall. October in fact
was caused by September when government funded itself exclusively on
money creation!

Wall Street is 100% more accurate than government. In fact the debt
crisis started 2 1/2 years ago and the government did NOTHING! But the
markets knew.

You are right with a twist though. Wall Street and the market is deaf,
dumb, and blind to politicial BS. The politicians can talk all they
want, promise all they want, bailout their buddies all they want, it
isn't going to even going to mater. The makrket only sees and listens to
real no BS results.
You win the non-sec award of the day.

Dare I ask what "non-sec award" is?



Non sequitur.

Literally, it does not follow.

HK wrote:
Frogwatch wrote:
On Feb 10, 2:36 pm, Keith Nuttle wrote:
Canuck57 wrote:
"HK" wrote in message
...
Frogwatch wrote:
The market reacts to the Porkulus bill, down 283 as Wall St realizes
this spending will cause huge problems without producing any
stimulus.
"Wall Street realizes..."?
"Wall Street" is deaf, dumb, and blind, and is totally disconnected
from
any sort of reality.
If you "believe" in Wall Street, you are a fool's fool.
Funny, in 30+ years of investing I have never seen the market wrong on
economic futures for more than a few minutes. On daily, weekly,
monthly it
has a 100% track record in predicting economic outlook in advance
of. It
knew in June, July, August, Sept to the October fall. October in
fact was
caused by September when government funded itself exclusively on money
creation!
Wall Street is 100% more accurate than government. In fact the debt
crisis
started 2 1/2 years ago and the government did NOTHING! But the
markets
knew.
You are right with a twist though. Wall Street and the market is deaf,
dumb, and blind to politicial BS. The politicians can talk all they
want,
promise all they want, bailout their buddies all they want, it isn't
going
to even going to mater. The makrket only sees and listens to real no BS
results.
I assume that this explains why as today when obama talks the market is
stimulated and looses significant. 2:36pm 370 points and still falling.

Quite a stimulus, down 400 as of 2:55 pm EST



Stocks have been grossly overvalued for years. Now they are down closer
to where they belong. There's only so far a corporation can go with
fraudulent bookkeeping.

In 1986 when the stock market was running about 1000, I heard an
accountant I worked with said the same thing. He gave me all kinds of
reasons that the market would not go above 1000. Five years later the
market was at 2500. 10 years later it was at 12000.

While what you say is probably valid if the currency is tied to
something like gold, but when the currencies float against each other it
becomes invalid.

"Keith Nuttle" wrote in message
...

HK wrote:

Stocks have been grossly overvalued for years. Now they are down closer
to where they belong. There's only so far a corporation can go with
fraudulent bookkeeping.



In 1986 when the stock market was running about 1000, I heard an
accountant I worked with said the same thing. He gave me all kinds of
reasons that the market would not go above 1000. Five years later the
market was at 2500. 10 years later it was at 12000.

While what you say is probably valid if the currency is tied to something
like gold, but when the currencies float against each other it becomes
invalid.



Very good point.

Eisboch

HK wrote:
Frogwatch wrote:
On Feb 10, 2:36 pm, Keith Nuttle wrote:
Canuck57 wrote:
"HK" wrote in message
...
Frogwatch wrote:
The market reacts to the Porkulus bill, down 283 as Wall St realizes
this spending will cause huge problems without producing any
stimulus.
"Wall Street realizes..."?
"Wall Street" is deaf, dumb, and blind, and is totally disconnected
from
any sort of reality.
If you "believe" in Wall Street, you are a fool's fool.
Funny, in 30+ years of investing I have never seen the market wrong on
economic futures for more than a few minutes. On daily, weekly,
monthly it
has a 100% track record in predicting economic outlook in advance
of. It
knew in June, July, August, Sept to the October fall. October in
fact was
caused by September when government funded itself exclusively on money
creation!
Wall Street is 100% more accurate than government. In fact the debt
crisis
started 2 1/2 years ago and the government did NOTHING! But the
markets
knew.
You are right with a twist though. Wall Street and the market is deaf,
dumb, and blind to politicial BS. The politicians can talk all they
want,
promise all they want, bailout their buddies all they want, it isn't
going
to even going to mater. The makrket only sees and listens to real no BS
results.
I assume that this explains why as today when obama talks the market is
stimulated and looses significant. 2:36pm 370 points and still falling.

Quite a stimulus, down 400 as of 2:55 pm EST



Stocks have been grossly overvalued for years. Now they are down closer
to where they belong. There's only so far a corporation can go with
fraudulent bookkeeping.

For someone who doesn't believe in the capital markets why would you
have an opinion on the the value of stocks. And, why would your opinion
mean anything?

Frogwatch wrote:
On Feb 10, 2:54 pm, HK wrote:
Stocks have been grossly overvalued for years. Now they are down closer
to where they belong. There's only so far a corporation can go with
fraudulent bookkeeping.

Fraudulent bookkeeping? Do the teach that in Union Accounting 101?

Consistency is not to be admired HK when it means being consistently
wrong. Clearly, Obama's ideas have driven the market radically lower
causing the loss of billions of dollars in a few hours. Nothing like
a good start to the inept Obama admin. Is it time for pitchforks and
torches yet?

The question is when is Geithner going to be thrown under the bus?