Tuesday, June 28, 2011

Wednesday, June 22, 2011

The Cat is out…

Surprisingly a lot of people really believe that FED said somethign new on FOMC Freak Show – all they did say was what was obvious to anyone with IQ out of single digits…to about 27,489 of Average Joe’s and Jane’s…

 

What they admitted was:

 

1. Unemployment will GROW in the period from 2011 to 2013

     (Big freaking news) – not that is is low now…after all money stolen from sedated American public “We Are The Screwed People” get it up the arses again.

 

2. GDP will shrink 0.5-1%

Hey hey hey – a little more shrinkage and Lady Liberty will ask- “Is it IN?”

 

3. Inflation (Hip hip hurray! – at last they said that word without being followed by “under control”) – will rise.

 

To finish with tilted table/rigged game I have to say that (as I posted yesterday on DisqusTed) – I closed entire long position this morning and sitting flat on cash.

Not that I think that market will go down – it actually might go up, I just don’t want to be the part of wB.

 

Hell with market for now – today is the day to remember

 

George Carlin

 

yes – 3 years to day since he DIED (f..k “passed away” – I just like him hate this stupid pussyfication of real)– the most brilliant comedian who was able to say the truth as it is…

Rest in Peace George

(Following video is not suitable for children under 2 years of age – after that – those children will have to give GC a head start)

 

 

http://www.youtube.com/watch?v=8rh6qqsmxNs&feature

Tuesday, June 14, 2011

Government Sachs

Don’t you think GS’s weekly chart looks tempting on the long side?

 

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Monday, June 13, 2011

Flipper, Flipper!!!

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Here I go again – started long calls position based on daily counts, will try to keep myself interested until wave C will reveal itself, for now wB…almost impossible to trade, but, again – just enough to keep myself awake

 

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NOW – here is something REALLY interesting…but og a very speculative nature, though those who have been with this blog remember Special K and I speculating that the greatest trick the David… need to learn spelling – I meant DEVIL ever performed was convincing suckers investors…I meant people – that he did not exist.

 

Not making any sense? Oh…come on! I am talking about wave 4 on weekly going almost ALL THE WAY UP to the high of wave 2 (after which as we all know, “spectacular” and as whores from mass media were shouting on tout TV – totally impossible and, later, unpredictable fallout of BIG KAHUNA WAVE 3 DOWN started…enough already Dave…

 

Anyhow – those who are in the market for “the long haul” on the long side – watch it carefully – longs will only breath easy if complete wave change…AKA high of wave 2 will be broken…then we just might be in the beginning of the “new great bull market” (no pun intended) after dreadful almost 20 years The Great Bear (and again 0 BEAR is not “only DOWN” - “BEAR” is “RANGE”)

 

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Wednesday, June 01, 2011

‘Ole good uncle Buck

Always look at the bigger picture – even if you in the short term trade, and for these purposes dollar or what is left of it keeps telling us that it might just, for one or another reason, start to move up.  We spoke few years ago about “it is very bad here [USsA], but we need to admit – it is worse everywhere else…almost”

As we patiently waiting next baloney country to default Uncle Bucky might see some buying interest…gold will never be a currency no matter what some say and other countries even with their combined efforts are long way away from any meaningful coalition.

 

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P.S. The answer I’d like to know: Can red color be attractive?

 

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