All This Bouncing Is Wearing Out The Cat

[smackdown]

It begins...

money.msn.com/market-news/post.aspx?post=a7ae879b-f1f9-4856-b281-3f747fa8ee23

We don't want legal cases, we want recognition of terrorism and the WAR on it directed at the true source. Do you really want to play in a market that has an unknown amount of false money holding it up? What are the odds of surviving intact without balance or bearings?

As for me, I'm all-in markets I can see, touch and know others can too.

[smackdown]

Ouch!

[Deleted]

Sept 2, 2011 6:33:14 GMT -5 @smackdown said:

Do you really want to play in a market that has an unknown amount of false money holding it up? What are the odds of surviving intact without balance or bearings?

Pretty good if you adapt to todays market drivers. That's the thing about change, it's always there. I have an 80 year old relative that is just livid about the whole change over from incandescent to compact fluorescent light bulb thing. There is absolutely nothing you can say to her that she won't counter with some big conspiracy story or government control thing. I simply replaced every bulb in my house with them and forgot about it. After being an engineer for some years, I like efficiency. To her I'm "part of the problem". What she doesn't seem to realize is that it's "her problem" and all the idea projecting in the world doesn't change that.

[smackdown]

Interesting, but as an engineer, you have a big problem with your cheese being moved. You've enjoyed steady results from a controlled situation that is about to get shoved off it's tracks. You see, when the power goes out, neither bulb works, but if you installed solar-powered lighting in your garden- they can be brought in on evenings. We are approaching the paradigm shift.

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The turn from August to September engaged as many as 1.3 MILLION new foreclosures and a few thousand businesses closed up or notified people that they are tapped and unable to meet payroll. While most were appalled with the ZERO job creation last week, few noticed the number of states threatening to lay-off thousands due to a lack of revenue. 17 banks got lawsuit notices on Friday, suggesting SMART investors have set their holdings in those banks to sell on the Tuesday morning bell. At least one person on these boards thinks that all means markets will be UP. Not.

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Pretty sure Hurricane Lee isn't going to lift the markets either.

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German markets down 5% today? Japan, England?

NAME LAST CHANGE % CHANGE

Nikkei 8,784.46 -166.28 -1.86
FTSE 100 5,102.58 -189.45 -3.58
DAX 5,246.18 -292.15 -5.28

[smackdown]

250 down out of the gate. Europe's recovery is wholly rooted in Americans buying on the dip using credit we absolutely should be deploying elsewhere.

Time to crush these losers.

[usaone]

Market dowm 175....yawn. What happened to 1,000 points?

[smackdown]

You know darn well that nothing really happens until the super computers get cranked up in the last few minutes of every day. Until then, it's just futility by small guys.

[usaone]

Sept 6, 2011 12:39:52 GMT -5 @smackdown said:

You know darn well that nothing really happens until the super computers get cranked up in the last few minutes of every day. Until then, it's just futility by small guys.

Stocks went UP almost 100 points last half hour.

I guess the 1,000 point drop will be tomorrow?

[smackdown]

You need to grasp what kind of dollars it took to raise the Dow up 100 points in the last hour. WHERE WERE THOSE DOLLARS WHEN THE BANKS WERE TAKING TARP MONEY? It's pretty sad that you can't see what's happening. Europe has no economy at all. In the last hour of trading, super computers moved unverified dollars around at nano-speed. That 24-hour credit goes away in a day or sooner if the lawsuits illuminate the criminal activity. Don't peel your fingers off your i-phone just yet, tomorrow's another day of decay.

[joebun]

Hello V_L,
i have been reading your opinions and found your prediction of 9000 by oct. somewhat bold but at least you threw it out there. i see its obvious you like gold and if i got it right its the best bet around. i would like to ask your take on when gold will peak? do you think its a bubble? will it be a slow decline? it seems the price accelerated quickly steadily for some time now which has outpaced the value of the market in general.
i guess my point is you seem convinced the large money holders, the "mega computers" can manipulate the economy in minutes with a moments notice to do so.last hour of the day etc. You never mention those same instruments could be used in the metal market gold silver etc..just askin.
if they work for profit and casino like plots....why would gold not be the next scratch ticket? look forward to your response . this post is not an argument but the result of actually following your posts here and the questions you raised in strictly my mind. thanks for your time and have a great night

[smackdown]

"Hello V_L,
i have been reading your opinions"

If you've been reading all of them, then you know I am not pro-metals and not pro-stocks. I sell metals purchased at fire and wholesale prices into the escalated price. Contemplate that market-- supply is relatively available for those who look for it, so the buying price is all bonus. On the flip-side, stocks are not tracking the same. Stocks rise by aided-activity so only the super computer activity makes the bandwidth margin profits. Everybody else falls in the band but never the bandwidth.
Metals are manipulated by volume holders. That's okay because they need to buy to maintain the price and thus, the value. That's the age-old game of investing. Stocks are not the same. Once upon a time, a company's stock price was indicative of who it was-- a business with brick and mortar location and personnel who were also customers, a brand product or more and a market potential based on supply, demand and visibility. None of that is true today. A platform business in leased ivory tower space importing generic mass-manufactured goods and slapping a previously recognized brand label on it while spending 98% of the time gambling the cash flow in the markets-- is not investing.
I invest in what will survive the card game business wrangling after it crashes because-- a true commodity is something people want and/or need and is in finite supply or limited to seasonal or craft production or cultivation. I'm years ahead of most in deducing the playing field and chuckling because it cannot be automated, only manipulated as age-old commodity investing should.

The Manipulator is attempting to end the game having built a Trillionaire. Such a person would instantly be a target so assume the age (old) of the maniac in control. No tower could sustain at the potential height needed, so the alternative is to make mountain out of stooges who believe they will get rich by following. The intent (coming sooner not later) is to achieve stable heighth for reaching the objective, then shearing the sides off, making them too steep for anyone to compete or topple. The stupid part is-- so many Kool-Aid drinkers have bought in believing they will take away at least some wealth, but that isn't the case. Their wealth will be usurped in the end to buy the "crown" that takes the corruption to the goal. It will be a very long fall for those who stick around to be the last ones in the game.

Do as you will, I haven't read anything that even remotely suggests staying in the false stock and bond markets is or will be worth it. Gold's a ticket, not a hedge.

[joebun]

hello V_L,
i have read quite a few of your posts. i try to keep an open mind and learn what i can as i go along. i do get the points(at least i think i do). you feel the old ways of building things that were useful and productive that was a combination of business sweat equity and job potential is no more. i get that and do agree.
you explain that you invest in the theory of supply/demand with timing of the market to be in your best interest. i get that also.
you then pretty much sum up the actual trades of today are computer generated which has the wave effect throughout the market somewhat like the development of telegram to cellphone...the old phone call to broker to ameritrade and so much more and much faster. i get it.
i hope I'm somewhat in line with your posts.
you've more than explained your theory and judgment of stocks general direction. i would like to know your evaluation of gold itself, your opinion of its direction and lifespan. I'm not holding you to it but was asking to see something to think about. to be honest one of the best gold explanations i got was Virgil explaining the hedge theory of gold.
of course i could be totally wrong here and missed the point completely and gold is not something you picked up in the fire sales of metals or at least maybe you sold them and moved on to the next item perceived as the good value.. i assumed you were holding gold and that was probably my mistake.
i do read a lot of people on these boards, ask questions when i can and found some decent folks on here that take "their time and effort" to answer. sometimes the bickering kills good debates. but for the most part its the best free education you can get keeping an open mind and simple manners.
i apologize again if i was wrong about your position of gold itself as an investment. have a great night and best of luck with all your investments.

[smackdown]

"i would like to know your evaluation of gold itself, your opinion of its direction and lifespan."

It has a climbing value due to a counter-cyclical aspect in our economy. It has no actual currency value so it's a hedge rising from the number of people jumping on it's supposed safe-harbor allure. Gold is only as valuable as what the next investor will pay for it. Consider this-- if suddenly there was some distraction from financial pariah wrangling and the public turned fully away and went in that new direction... who would be attracted to gold? The answer is historic-- no one. Gold can sit for years without volume buyers, sinking all-at-once to the new buy-threshold, which could be dramatically different than the high. All this said-- as long as you own the rock and not the stock-- you will always possess something of value.

transition that same description to the stocks of today's primarily "platform" businesses consisting of bureaucratic and administrative, not tangible and viable aspects. A licensed product is only an asset in a society that recognizes and respects the license. China has demonstrated time and again that it doesn't. So... what VALUE does a stock truly have? Nothing. Zero. Every penny currently entrenched in stocks is-- fiat. Bonds haven't fulfilled anything so the same general principle applies.

As I stated, I buy just about anything at prices I know are far below it's potential retail value. I have learned turn speeds and can literally take money out of the bank, go on a buying spree, process my purchases for sale and not only forecast sale time lines but marginal profit. I'm certainly not the only one doing it, just the only one trying to help others grasp reality right now.

Tom Peters says in his book: Thriving On Chaos... if you want a piece of pie and are standing in a long line of people dressed exactly like you are and carrying your exact briefcase, cell phone and even have the same hair style... get out of that line, go check out the pie and figure out what ingredients are necessary to BAKE A NEW ONE. I bake marginal profits every day from the general chaos, not stand in line and invest in what too many others are investing in and some of them have better suits, computers and less ethics.

A number of people spew sarcasm over and over about doomsday predictions. It's hardly that. It's recognition that all the pie slices are gone and that baker is doling out certificates for future pie. Are you hungry? When I was-- I sought out REAL PIE, not a promise of one. If it's in the markets, it's not in your pocket and likely never will be.

[usaone]

Another up day.

Good call VL.

[smackdown]

Atomic bombs don't need precision.

Have you been practicing your burger flipping skills? all the grass-cutter jobs are taken.

Manipulation is trying to finish the day in the black but common sense is liquidating shares ahead of job recovery scares.

[smackdown]

Boom.

[Deleted]

Sept 2, 2011 16:42:11 GMT -5 @smackdown said:

Interesting, but as an engineer, you have a big problem with your cheese being moved. You've enjoyed steady results from a controlled situation that is about to get shoved off it's tracks. You see, when the power goes out, neither bulb works, but if you installed solar-powered lighting in your garden- they can be brought in on evenings. We are approaching the paradigm shift.

You do know what being a former engineer means don't you? I thrive on the change, not fear it. Adapting is my strong suite. If anything V_L, you sound like the one that was uncontrollably thrust from his controlled environment and is trying to bring it back. There will always be some kind of business and social system in place, and always has been throughout history. Your ability to adapt to the "change" that is "always" there, decides at which level you you reside in the current system.

[smackdown]

303 down on a Friday.

The whole globe is suspect of Germany's assurance that they'll bail whoever fails when Greece does. AS Greece does-- Germany gives you Monopoly money for your losses. Anyone with a half a brain looks at Germany and sees-- what-- as an assurance that they can back that phony money.

"Adapting is my strong suite."

Grammar isn't. It's a strong "suit." "Adapting" is finding yourself in a new city to meet new clients about different areas of business-- every week for years because it was a necessary component of stability and you did it well- is a strong suit. It isn't about wearing out stools at a drawing board and replacing a coffee mug that finally broke but was disgusting to look at-- because both were employed DAILY for years. It isn't about making a living in Detroit and relocating to a dirt-poor area in the South after a cheapskate life on an upper middle class weekly-paid wage, because it continues to emulate the cheap--- and becoming a stock trader money grubber instead of letting that money course through a stressed and needy economy.

Me thinks your idea of "adaptation" is going from Charmin to Kroger brand TP because it was on sale.

[smackdown]

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Anybody notice that the "Debt-Reduction" committee is made up of representatives from the BIGGEST SPENDERS?

Can anyone tell me HONESTLY why "Yale University" attends, but no one from "Detroit" is there?

What could Yale possibly contribute?

[smackdown]

NEW YORK (Reuters) - Investors will grapple with more turbulence surrounding Europe's deepening debt problems this week and the prospect of another round of dismal data on the faltering U.S. economy.

More volatility is almost guaranteed after the top German official at the European Central bank quit and rumors circulated throughout global markets that Greece will default this weekend. Greece later called the rumor market speculation designed to hurt the euro.

Recent market trading patterns and options activity also suggest August's roller-coaster ride will keep apace throughout September.

Juergen Stark's sudden resignation from the ECB on Friday came after a conflict over the bank's policy of buying government bonds to combat the euro zone's debt crisis, raising questions about a program that has been a key market stabilizer in recent months.

"You can tie our stock market directly to European banks -- the problem they have is sovereign debt exposure," said Jack de Gan, chief investment officer at Harbor Advisory Corp in Portsmouth, New Hampshire.

In a light week for earnings with only electronics retailer Best Buy Co Inc and diversified manufacturer Pall Corp among S&P 500 companies set to report, investors will eye a batch of data for any clues the economy has regained its footing. Economic readings over the past two months have left little reason for optimism.

But the euro zone, where a two-year sovereign debt crisis has unsettled investors worldwide, will be the real focus.

De Gan noted the ECB's critical role in potentially solving the sovereign debt issue, highlighting the implications for global markets on any reports of internal turmoil.

"Europe matters right now -- the ECB resignation, Trichet's keeping rates flat as opposed to outright cutting them," said Phil Orlando, chief equity market strategist, at Federated Investors in New York. "There are rumors I can't substantiate, but the rumors are still out there that this is the weekend Greece goes bust.

"So certainly, Europe is going to capture our attention," Orlando said.

A senior U.S. official, speaking after the close of the Group of Seven meeting in France, said there was no doubt European officials have the ability to cope with the issue and want to show markets they have the will to do so.

Data on tap for the coming week includes retail sales along with the consumer price and producer price indexes for August. Also expected are regional manufacturing surveys by the Philadelphia Federal Reserve Bank and by the New York Federal Reserve Bank, both of which showed contractions in factory activity last month.

Credit Suisse analyst Andrew Garthwaite boosted the probability of a mild recession to 25 percent from 20 percent, citing U.S. growth concerns and poor political leadership in Europe. He lowered his 2011 target on the S&P 500 to 1,180 from 1,220, while also cutting his 2012 target to 1,260 from 1,300.

"Each bit of this data theoretically gets us down the road to understanding what the true state of the economy is. I expect overreaction to rule the day," said Kim Caughey Forrest, a senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

At the same time, the benchmark S&P 500 has been mired in a range of about 100 points -- between 1,120 and 1,220 -- for the past month, leaving the market susceptible to wide swings on a daily basis.

"We are just kind of in this nowhere zone," said Ken Polcari, managing director at ICAP Equities New York.

"We haven't broken through to the downside but nor have we broken it to the upside. So what you are going to continue to get is this erratic movement in the market until at some point, it's going to have break out one way or the other."

The continued rise in the CBOE Volatility index also points to large moves in the market. The index rose nearly 20 percent to top the 40 level for the first time since August 26, indicating a rise in investor skittishness.

"I expect high volatility (this) week, big swings to the upside and downside. The VIX is quite high and pretty elevated," said Randy Frederick, director of trading and derivatives at Charles Schwab & Co in Austin, Texas.

"When the VIX is rising the way it is, that generally means the puts are going up too."

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Without some pathetic bandwagon to dredge up and make a fake rally out of-- investors grapple with REALITY this week. No jobs, Europe's going to Hell in a hand-basket, gold remains a safe harbor and BOTH political sides are talking Civil War now. Monday won't be a fun day.

[smackdown]

Down 300 last Friday. Can we get 700 more today? Inquiring minds want to know who is behind the manipulation.

FREE THE AMERICAN ECONOMY FROM ADMINISTRATORS AND FINANCIAL FREAKS.

[smackdown]

A nuclear facility explodes in France (a densely populated nation with no place to run like Japan).
American Banks are "all-in" with YOUR money in Europe as nations go down for the final count.
Americans are either unemployed or under-employed (except lawyers, financiers, politicians and accountants) draining the nation's revenues.
American Kids are so attached to electronic toys that their brains are dissolving, eliminating their capacity to think freely.
No BOND has fulfilled it's purpose.

AND YET... the Dow is barely down. On other days pickled by Purple Haze... pure SPECULATION can pump it hundreds of points. Is there anyone still out there who DOES NOT THINK and doesn't see closing the banks and collapsing Wall Street as literally the last resort to SAVE AMERICA?

[smackdown]

money.msn.com/investing/fiscal-insanity-bank-on-it-fleckenstein.aspx

The latest from the Common Sense side of things.

[smackdown]

Topped 100 down and gaining speed as investors start figuring out European printers have run out of ink.

NOT ONE JOB CREATED TODAY HERE OR IN EUROPE.

[smackdown]

A major sell-off was thwarted by retarding... "The Dow slides as fears build that Greece will default. But technical buying limits the sell-off."

BECAUSE IT'S MORE IMPORTANT TO MAINTAIN THE DOW THAN IT IS TO FEED HOUSE AND CLOTHE MILLIONS OF AMERICANS.

Close the banks. Shut Wall Street down.

[smackdown]

A major sell-off is purposely stopped so the FAKE DOW can finish-- up?

What does this have to do with America? Seems we would all live better if worthless banksters and brokers were kicked out and confined to some island to screw each other and the NORMAL people were allowed to live their lives without pariah. Today's market finish PROVES banks are garbage.