Saturday, April 11, 2009

Make no mistake

katrina-tornado Hopefully credibility of this post will not be affected by immediate association of these words with Baby Bush – we are different after all – I am not very rich, I am honest, was told that I might even be smart when I am not trying to look like a clown – some people don’t really have to even try to be clowns… oh well, back to the topic

 

THIS IS A BEAR MARKET.

Repeat after me

THIS IS A BEAR MARKET.

Do it as many times as needed to understand that the rally we are having

IS A RALLY WITHIN MULTI YEAR THE WORST BEAR MARKET THE WORLD HAS EVER WITNESSED AND IT IS YEARS FROM BEING OVER AND LET US PRAY TOGETHER FOR IT NOT TO END ONLY AFTER YET ANOTHER WORLD WAR…just like the last bad one did.

Lest be honest – only selling weapons/supplies in exchange for pure gold to bleeding countries in war with Hitler pulled USA out of depression…

I’d like to use opportunity and publicly apologize for forgetting (due to my severe ADD) to include “Mr. Rising Star” (What media degenerate used that term in connection with Dick?) in my list of “Faces to remember” (AKA “People who will cause you to lose all your money)

Somehow most of the Mr.’s Dick past articles were pulled off the internet – so you will have to read reprints/saved articles.

March 18th of 2008 "This is a generational opportunity to buy (bank stocks) on the cheap."

Some people who have no own point of view and live their lives according to cliché “None has ever got fired for buying Microsoft products” already jumping on Dicks’ 2009 bandwagon (thou they are too unimportant to deserve to be included in “Faces to Remember”)

Dick Bove Says Banking Is Sound - Time to Buy Financials?

Now…

Repeat after me

THIS IS A BEAR MARKET.

The answer I’d like to know – where did Dylan Ratigan go? I guess he was not enough stupid and definitely not enough bullish for CNBC’s sponsors…

Well, sorry guys and gals – you have to listen to no sense China Girl now if you are one of stock-tip-hungry masses.

Wells Fargo record profits? Yahaaa – SUCKERS – coming out of yo packet – you get no interest and pay plenty if you are lucky enough to get a loan now – they call it “spread betting” – rest in peace George Carlin, like he said: “People are fu..ng stupid”

And it is just amazing (and good for the government that people are somehow so patient… as polite word for “LAZY” and once again “STUPID”)

Loyalty to the country always. Loyalty to the government when it deserves it.
Mark Twain

Pessimistic – sometimes, realistic – always.
DavidDT

Repeat after me:

MULTI YEAR BEAR MARKET STARTED IN 2000, HAS NEVER ENDED AND GETTING WORSE EVERY DAY.

Who knows, may be Nostradamus was right after all.

Proof? If you need it - you shall not be trading/investing, but here they are

2009-04-11-QQQQ

2009-04-11-SPY

Repeat after me…

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