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Da Bear Rant
"Where we're going, we don't need roads..." --Doc Brown, Back to the Future
Bridge to the 21st Century Goes Dark Ages on us and Crashes
SPLAT! is the new BOOM! as in Bear Stearns has been going SPLAT! recently, except for yesterday...
new word out that there will be some new news out tomorrow regarding Bear Stearns (of da bear 8, bear stearns 0 fame).
link:
http://www.bloomberg.com/apps/news?p...Y3s&refer=home
so if things go my way it could be Da Bear 9, Bear Stearns 0. C wave down in the oncoming credit contraction could make the score even higher! Bear Stearns along with JP Morgan and Lehman Bros. will be the Washington Generals and I am the Harlem Globetrotters. ... or at least the Lower Manhattan-Wall Street Post-Industrial Complex killers!
BSC hit $100 the other day. it bounced a little but i think it will go back down. Bear Stearns will be the Enron of the Investment Banks.
here is a link to the Bear Stearns contact page: http://www.bearstearns.com/sitewide/...t_us/index.htm
Call Bear Stearns about margin calls!
and notice one of the mortgage affiliates on the website (http://www.rooftopmortgages.com/cont...av=1&linkID=52)
... none other than Rooftop Mortages! that can't be a good omen! well, at least you know they are honest. ... you can measure the downside. come to Rooftop Mortgages and take the PLUNGE on real estate!
There is a good joke about Wall St. types jumping off buildings and Rooftop Mortgages, but i ain't gonna go there. ... cuz it's eighty stories high! Laughing Laughing
well, at least Rooftop Mortgages has an exit strategy!
so bin Bernanke held rates steady... can't afford gas in the 'copter man if the dollar crashes into the abyss. but bin bernanke can afford gas in his 'copter if prices DEFLATE. plus, ole bin can swoop down and pick up some great real estate bargains! Laughing
bin Bernanke may HATE America, but he's no dummy. buy low and sell high. or sell high, and buy low.
so we (Cramer and idiots on the STREET) may have to wait til october to get a rate cut. ya mean CRASHTOBER? with ARM's resetting... throwing fiat off the deck of the Titanic would do more good!
Prechter and EWI looked for a relief rally to retrace .618 of the decline. we are about there. and he is expecting a big wave 3 down.
Robert McHugh is saying its a strange type of rally with weak breadth and he is expecting the short-covering rally to be over soon. He thought that bin Bernanke goofed by not lowring rates while Rome burned.
He also noted that there was a ninth hindenburg omen on wednesday. and he is also expecting a wave iii down.
the 1987 and 2007 looks good still i think. and years ending in 7's are bad.
but what if there is a crash? well, here is something i would do to start it (i posted this in an earlier thread). also talks about the X games crash. watch the video its crazy!
Right now I am practicing my "It's Mr. Rothschild, crash the markets bin Bernanke." because, one, Mr. Rothschild kinda has a lot of power. I dunno which Rothschild it is. maybe the one that wrote the Handbook to Global Warming or whatever. maybe it's the dead one. but, anyway, i am pretty sure they have lots of power. and, two, he likes buying things really, really cheap. and, three, he wants to see Cramer flip out again.
yeah the nikkei is down, and this X games guy just did an A-B-C Elliott Wave decline on live tv, and Bob (yes those in the "know" call him Bob, sort of like "Bob" Deniro) is thinking "hot-damn, this is the first time i have actually seen an A-B-C Elliott Wave decline and it happens on the damn X games. and it happened from about 40 feet!" and bob is hoping the true height was 38.2 feet...
he actually has a video of this... "and i thought this old Elliott bastard was shittin' me in his Jim Cramer Edition PPT Diapers, but really an A-B-C decline!"
and of course, at the apex of the jump when this poor bastard is sans skateboard and sans PPT Parachute, Prechter puts out an EWI Interim Report stating, "this furious, ill-conceived B wave rally appears to be over, and unless X games dude flies another 6.18 feet higher, a sudden sharp crash should ensue. So you can probably short here. And, not to get ahead of myself, but the bottom of wave C down should, uh, be the concrete."
Here is the link: http://www.youtube.com/watch?v=_KLcnPdpK2M
and here is the Elliott Wave breakdown:
when he comes down on the front side of the last turnpipe after completing his first jump its an A wave (technical breakdown: trendlines broken. viewed as buying opportunity.) and the B wave rally, which speaks for itself as he soars higher than the old peak loses his skateboard, has his uh-oh moment, his feet flail and he readies himself for a crash (narrow, emotional advance: technically weak, selective. Results in non-confirmations. Fundamentals weaken subtly. Aggressive euphoria and denial.
and then finally he crashes straight down (from about 40 feet) into the hard bottom (Strongest portion of bear market: Strength. Breadth. Prices decline relentlessly. Fundamentals ultimately collapse in response.).
Da Bear Cramer Watch: Bulls Make Money, Bears Make Money, Jim Cramer Squeals Like a Pig!
would that be Boo-yah or Pig Sooie Jim Cramer? *
his hedge fund buddies are going broke--maybe they should have hedged against that. would that be Boo-yah or Pig Sooie Jim Cramer? *
Bulls make money, bears make money, and Jim Cramer squeals like a pig.
his hedge fund buddies are going broke--maybe they should have hedged against that.
Wall Street cries "FREE MARKET, FREE MARKET." Except when liquidity dries up then the boys on the Street really start to cry.
Cramer wants bin Bernanke to act. does Cramer want bin to fly a Brinks truck into Tower number 2 or something?
Cramer says he hasn't seen anything this bad since he started in 1982. wow, he started at the beginning of the great bull market. so he's bull market genius.
what is Cramer3006 gonna do next?
Wall Street cries "FREE MARKET, FREE MARKET." Except when liquidity dries up then the boys on the Street really start to cry.
Cramer wants bin Bernanke to act. does Cramer want bin to fly a Brinks truck into Tower number 2 or something?
Cramer says he hasn't seen anything this bad since he started in 1982. wow, he started at the beginnng of the great bull market. so he's bull market genius.
what is Cramer3006 gonna do next?
and here is a clip of Cramer going going gonzo on CNBC. with a soundtrack! http://www.youtube.com/watch?v=CEZKb...elated&search=
When Main Street loses its job, it's a depression.
When Wall Street loses its job, it is HILARIOUS.
The Jim Cramer Imlod-O-Meter is rising steadily...
there's always a bull market somewhere and it is in Shorting Jim Cramer! Boo yah.
and if cramer squealing for lower rates isn't enough here is him talking to Dick Cheney:
Cramer to Cheney: Hurry Up and NUKE Something!!!!!!!
cuz cramer's friends in hedgies fundies are going SPLAT! and lil bin Bernanke isn't lowering rates so please Mr. Cheney would you please NUKE a city or something?
Jim Cramer: hey how about Chicago? the sears tower is real nice and tall. and its called the Second City, after NYC, hehe get it? and thats where the CBOT is and where all the derivatives are, and my buddies at Goldman, Bear Stearns, and Lehman need jobs and stuff...
Jim Cramer: so hey come on and NUKE somewhere so my Wall Street friends and funds won't implode.
Jim Cramer: and if you don't NUKE something Dick Cheney it just means that you HATE America!!!! :mad::mad::mad::mad::mad::mad::mad:
Da Bear Question of the Day: Why does Jim Cramer HATE Sanity? :mad:
* Jim Cramer is the host of Bad Money on CNBC. He is a parasite everywhere else.
If there is a crash CNBC has that covered. they will just show archived footage...
CNBC has archived footage to watch just in case the stock market "armageddonates" all over itself. (i borrowed a word from Cramer and added, err, liquidity.)
it will show stock footage of the, uhh, stock market from 1999. the markets go up, especially the Nasdaq and Maria Bartiromo looks really, really hot (like a young Maria Bartiromo). and joe kernan is there. what the hell happened to joe kernan?
and Joe 5 3/8 pack investor (he lost his ass on friday and in 1999 they still used fractions) will call his broker when he sees global crossing up huge and Qualcomm at 400. and he will buy. because his memory is on a loop-de-loop, and he doesn't remember that he has been there before.
... and it didn't turn out well the first time either.
so the Psyo-Ops Protection Team (POPT) will be in full action. and all those market orders of QCOM and JDSU and YHOO will drive the stock market to infinity and beyond.
o I hear $300 for Microstrategy?
oil is falling. oil's well when all's well, but when all ain't well oil ain't well and, well, that's all i know.
here is a chart from bart regarding oil and natural gas: http://www.nowandfutures.com/download/oil_natgas.png
ok, yeah, uh, here is the part of the rant where it gets awkward and stuff. (damn, i hate it when it gets awkward.)
so, uh, do you wanna talk about politics? so who do you plan to vote for? I hear that Obama guy is real popular.
"Yeah, i'd do him," replies Mr. 9/11's daughter. link: http://www.myfoxchicago.com/myfox/pa...Y&pageId=3.1.1
so anyway back to politics. Ok, with the Democrats you have Hillary--the woman. and Obama-- the black guy. and Bill Richardson-- the Hispanic. so John Edwards has to be the gay guy! yeah, he's gotta be flamin' or something. because the Democrats are all about destroying Main Street values with the Neo-cons destroying Main Street economies. ya know, the Democrats are the ones to put the working class into the casket, and the Republicans are the ones to put the nail in the coffin.
back to stocks and investments:
Consumer stock and luxo stocks could be the new subprime stocks. HALF OFF (the sale before the 90% OFF SALE!).
Starbucks raised its prices and it has one on every corner and if everyone is out of a job and thus on the corner giving **** jobs (how many *'s in blow? i don't know), thus not needing java or anything that picks them up if all they gotta do is get down on their knees. coffee and caffeine is for booms not depressions! starbucks is a mania stock, not a bust stock (nothing is a bust stock for that matter).
the new consumer stock could be renting corners or renting retail sites formerly inhabited by coffee shops as bordellos.
... and if Starbucks goes bust, well, be sure to take some of the tip jars. cuz independent contractors with tip jars is gonna be the next big thing!
so buy stocks of companies that make tip jars!
for those people of course who didn't jump out the window in lower Manhattan. for that arena door-to-door body bag salesman could be the best option!
After, of course, you attend the Wall Street Sidewalk Sale going on all month, and all year, and for the rest of the decade. Used slightly dented and bloodied like new! blackberries, bags of crack. empty suits formerly worn by empty suits... get some of those. and ties! lots of ties! hot and desirable will be the ties that are hung out the third story window at Lehman Bros. and is attached to a real live dead investment banker at the end.
If J.P. Morgan stock were alive today, it would be rolling over in its chart.
JP Morgan's high was over $53 this year, then it dropped to $43 and now after its PPT rally its at $46 and change.
link: http://bigcharts.marketwatch.com/adv...time=10&freq=2
JP Morgan bailed out Wall Street after the 1907 stock market crash after, uhh, starting the 1907 stock market crash. could it happen again? or is it gonna go too? that crash led to the Federal Reserve. Could this lead to the North American Union Federal Reserve? could. highly probable.
But the credit crunch is on. and that means down. I wonder if the Federal Reserve trading desk is still hiring?
Dow dropped from 14,000 to 13,200 or so and has rallied since. however on weak breadth. EWI and Robert McHugh looked for a relief rally and this could be it. the 62% retracement level is pretty close. lets see what happens. i am looking for a crash in october. but october could come early this year.
well, next month is September and nothing ever bad happens in September that would make a good scapegoat (my pet scapegoat?) for a financial crash, right?
gold is doing its thing right now. it's just being gold. doesn't have a boss, a mortgage, or even a job. No one tells Gold what to do! and if it wants to hover around $666 from now until the end of time (or at least until options expiration day) it sure as heck will.
and silver is doing whatever gold is, and whatever gold is telling it to do. Silver is the George W. Bush of metals.
if gold breaks out to the upside it could hit $750. if it doesn't go up, it will probably go down. $650 or so should confirm that gold is taking the down escalator along with equities.
So the economy is fake, and the numbers are fake too. but they are still bad.
and things are crumbling... not just bridges, but rights and things. and that's not right. it's not even wrong.
Globalization is here to stay. and why the hell shouldn't it? all those McFailed and McFucked McFlippers are trying to rent out there McMansions to try and cover some money to open a home-based crack house operation. so Globalization is staying for the cheap rent, the mexi slave labor, and internet porn.
... shit it got awkward again. so umm, how's the weather?
The daughter of Rudie Julie Annie, the offspring of the Thermite Kid, the Spawn of Satan goes "well, it is great beach and bikini weather with all the global warming, but of course i am only 17."
and i go "DAMN GOD DAMN DAMN DAMN DAMN. ... er, about the hot weather and about the wave B sucker's rally in the Grand Super Cycle of Global Cooling."
Wave B of Global Cooling is peaking in what i like to call "summer."
and people don't like it, so Congress will do something about it.
It is now fighting its War On Summer. It plans to thoroughly beat the Summer Insurgency by mid-October. ... at least they will be able to take credit for something. but a Kondratieff Winter and Global Cooling may not go well together. ... unless you are able to sell popsicles to the eskimos who are homeless since they lost all their money trying to flip igloos.
but wait till next year she says where she can vote for Obama. it will be awesome. and da bear goes yeah! next year. :mad:
BOOM!
The Road to Tyranny Crashes in Minny
Well, terror strikes again as a bridge falls in minnesota. we can't rebuild Iraq. heck we can't even build America! but now we can start a new boom and mania bubble.... in infrastructure plays! a collapso-riffic infrastructure along with whispers of sabotage makes for a perfect Deal Deal On Terror!
we are going back in time getting more post-industrialized by the day! its literally back to the future! It seems as if we are transforming into a third-world country, and I say this as a citizen of the world's only remaining former superpower.
So people are losing their homes in foreclosures and their doors are being ripped off by repo guys and squatters, and shit's falling in, and scalar electromagnetic hurricanes are coming to a home near you. and we always have earthquakes...
plus the feds, bustin down doors and shit and haulin' ass to Gitmo or Dulce or somewhere.
feds: "Waco and smell the coffee and my jackboot thug footprint on your door! And say hello to Taser, my Police State Shock of the Day!"
so we are gonna need some doors to protect the Morrison Hotel from the riders on the storm!
so that brings me to my new job for "The Greatest Depression" (book on sale now, eat shit and guvment cheese Tom Brokaw!):
Door-to-Door Door Salesman! (hell, its funny, makes a great knock knock joke and it almost pays the rent!)
but hey tin-foil hatters get your hard hats on! here is a great conspiracy... the minny bridge collapsed right where the North American Union Superhighway is gonna go.
link: http://hitlerwasright.blogspot.com/2...ition-job.html
so they are gonna put in toll roads and few exits? ain't that great? i am sure all the wal-marts are gonna have exits. but the small stores won't.
Some are saying that the collapse of the bridge is a fault of government. and privatized roads and bridges won't collapse? and how do these pundits know? simple! no fully privatized bridges and roads have been built!
i know, i know, Big Business wants to build tons of private roads and bridges but big lobbying groups and unions always stand in there way. yeah, uh, like the Lobby and Union for People Who Like to Walk To Work Every Day To Do Their Jobs... In India!
yeah thats a huge lobby. bigger than the car makers. or Big Oil.
Big Bidness got nuthin' on Big Pedestrian! I tell you what...
but seriously, we are waiting for those nice private roads to be built. with lots of lanes and overpasses and stuff that lead to big box retailers like Wal-Mart and Lowes and Home Depot and to Big Gas stations like Exxon, and Big Little Nutrition like McDonald's and Taco Bell. ... you know with exits just for the big guys, and not ones cut out directly to mom and pop superstores... cuz when they built mainstreet the gub-ment built HUGE eight lane highways just so the cows and chickens on the outlying farms and rural areas could go drive to shop in downtown small town america.
oh wait... we do have those things. they are called federal highways. but Big Corporate isn't all bad. all that money they don't pay for taxes and for roads goes into building parking lots for people that used to work for mom and pop so they can go shop and be greeted in the front by the greeter who used to be a mom or pop and is now a under-employed grandmom or grandpop. and in the back they are greeted by all the illegals coming in the back door so they can check them out at the front door for five dollars and hour--under the table.
and big government sucks cuz i mean Big Car always wanted to build those flying cars and shit that dont need highways or roads or even gasoline (did you catch it in one of the back to the future movies where they ran the food on trash?). and Big Government shot them down! and now all the roads are clogged and gas is high high high (only partially due to the War On Cheap Oil). and why did Big Government shoot them down, say the free market-eers? simple! the Big Car lobby! so if it wudn't for Big Gubment there wouldn't be know Big Car Lobby!
that's why free enterprise works. it cut's out the middle man! and passes the savings, uh,... from one pocket to the other pocket! that's whats called trickle pocket economics!
Big Business loves Corporate Welfare almost as much as it loves Private Central Bank Bailouts! Only in America (soon to be North American Union).
corporations hate government. heck, corporations even hate corporate governance. that's why corporations are gonna outsource and privatize corporate governance. Blackwater will get the bid! who needs shareholder rights anyway?
Fair practices regarding corporate governance, transparent accounting, and shareholder services. Blackwater specialties of kidnapping, torture, and assassinations. Same difference.
Six lanes for joe six pack might be great for the common stiff, but Big Private Road will be great! you can get to your slave job at Wal-Mart in record time! and you can even eat at mikke dees and stay at Motel 6!
I betcha though that the private toll road is gonna be like the people mover tram at Caesar's Palace in Vegas. you know it is a horizontal elevator that goes in, but dont go out. It will be a one way highway! and of course, if you wanna go back the other way they will build a real nice sidewalk man so you can walk! cuz Big Pedestrian is HUGE!
and you know what they will call these private toll roads (ostensibly paid for by tax payers?) in this great Orwellian Police State North American Union?
FREEWAYS!
da bear
Fahrenheit 1929: The Temperature at which liquidity burns.
"Where we're going, we don't need roads..." --Doc Brown, Back to the Future
Bridge to the 21st Century Goes Dark Ages on us and Crashes
SPLAT! is the new BOOM! as in Bear Stearns has been going SPLAT! recently, except for yesterday...
new word out that there will be some new news out tomorrow regarding Bear Stearns (of da bear 8, bear stearns 0 fame).
link:
http://www.bloomberg.com/apps/news?p...Y3s&refer=home
so if things go my way it could be Da Bear 9, Bear Stearns 0. C wave down in the oncoming credit contraction could make the score even higher! Bear Stearns along with JP Morgan and Lehman Bros. will be the Washington Generals and I am the Harlem Globetrotters. ... or at least the Lower Manhattan-Wall Street Post-Industrial Complex killers!
BSC hit $100 the other day. it bounced a little but i think it will go back down. Bear Stearns will be the Enron of the Investment Banks.
here is a link to the Bear Stearns contact page: http://www.bearstearns.com/sitewide/...t_us/index.htm
Call Bear Stearns about margin calls!
and notice one of the mortgage affiliates on the website (http://www.rooftopmortgages.com/cont...av=1&linkID=52)
... none other than Rooftop Mortages! that can't be a good omen! well, at least you know they are honest. ... you can measure the downside. come to Rooftop Mortgages and take the PLUNGE on real estate!
There is a good joke about Wall St. types jumping off buildings and Rooftop Mortgages, but i ain't gonna go there. ... cuz it's eighty stories high! Laughing Laughing
well, at least Rooftop Mortgages has an exit strategy!
so bin Bernanke held rates steady... can't afford gas in the 'copter man if the dollar crashes into the abyss. but bin bernanke can afford gas in his 'copter if prices DEFLATE. plus, ole bin can swoop down and pick up some great real estate bargains! Laughing
bin Bernanke may HATE America, but he's no dummy. buy low and sell high. or sell high, and buy low.
so we (Cramer and idiots on the STREET) may have to wait til october to get a rate cut. ya mean CRASHTOBER? with ARM's resetting... throwing fiat off the deck of the Titanic would do more good!
Prechter and EWI looked for a relief rally to retrace .618 of the decline. we are about there. and he is expecting a big wave 3 down.
Robert McHugh is saying its a strange type of rally with weak breadth and he is expecting the short-covering rally to be over soon. He thought that bin Bernanke goofed by not lowring rates while Rome burned.
He also noted that there was a ninth hindenburg omen on wednesday. and he is also expecting a wave iii down.
the 1987 and 2007 looks good still i think. and years ending in 7's are bad.
but what if there is a crash? well, here is something i would do to start it (i posted this in an earlier thread). also talks about the X games crash. watch the video its crazy!
Right now I am practicing my "It's Mr. Rothschild, crash the markets bin Bernanke." because, one, Mr. Rothschild kinda has a lot of power. I dunno which Rothschild it is. maybe the one that wrote the Handbook to Global Warming or whatever. maybe it's the dead one. but, anyway, i am pretty sure they have lots of power. and, two, he likes buying things really, really cheap. and, three, he wants to see Cramer flip out again.
yeah the nikkei is down, and this X games guy just did an A-B-C Elliott Wave decline on live tv, and Bob (yes those in the "know" call him Bob, sort of like "Bob" Deniro) is thinking "hot-damn, this is the first time i have actually seen an A-B-C Elliott Wave decline and it happens on the damn X games. and it happened from about 40 feet!" and bob is hoping the true height was 38.2 feet...
he actually has a video of this... "and i thought this old Elliott bastard was shittin' me in his Jim Cramer Edition PPT Diapers, but really an A-B-C decline!"
and of course, at the apex of the jump when this poor bastard is sans skateboard and sans PPT Parachute, Prechter puts out an EWI Interim Report stating, "this furious, ill-conceived B wave rally appears to be over, and unless X games dude flies another 6.18 feet higher, a sudden sharp crash should ensue. So you can probably short here. And, not to get ahead of myself, but the bottom of wave C down should, uh, be the concrete."
Here is the link: http://www.youtube.com/watch?v=_KLcnPdpK2M
and here is the Elliott Wave breakdown:
when he comes down on the front side of the last turnpipe after completing his first jump its an A wave (technical breakdown: trendlines broken. viewed as buying opportunity.) and the B wave rally, which speaks for itself as he soars higher than the old peak loses his skateboard, has his uh-oh moment, his feet flail and he readies himself for a crash (narrow, emotional advance: technically weak, selective. Results in non-confirmations. Fundamentals weaken subtly. Aggressive euphoria and denial.
and then finally he crashes straight down (from about 40 feet) into the hard bottom (Strongest portion of bear market: Strength. Breadth. Prices decline relentlessly. Fundamentals ultimately collapse in response.).
Da Bear Cramer Watch: Bulls Make Money, Bears Make Money, Jim Cramer Squeals Like a Pig!
would that be Boo-yah or Pig Sooie Jim Cramer? *
his hedge fund buddies are going broke--maybe they should have hedged against that. would that be Boo-yah or Pig Sooie Jim Cramer? *
Bulls make money, bears make money, and Jim Cramer squeals like a pig.
his hedge fund buddies are going broke--maybe they should have hedged against that.
Wall Street cries "FREE MARKET, FREE MARKET." Except when liquidity dries up then the boys on the Street really start to cry.
Cramer wants bin Bernanke to act. does Cramer want bin to fly a Brinks truck into Tower number 2 or something?
Cramer says he hasn't seen anything this bad since he started in 1982. wow, he started at the beginning of the great bull market. so he's bull market genius.
what is Cramer3006 gonna do next?
Wall Street cries "FREE MARKET, FREE MARKET." Except when liquidity dries up then the boys on the Street really start to cry.
Cramer wants bin Bernanke to act. does Cramer want bin to fly a Brinks truck into Tower number 2 or something?
Cramer says he hasn't seen anything this bad since he started in 1982. wow, he started at the beginnng of the great bull market. so he's bull market genius.
what is Cramer3006 gonna do next?
and here is a clip of Cramer going going gonzo on CNBC. with a soundtrack! http://www.youtube.com/watch?v=CEZKb...elated&search=
When Main Street loses its job, it's a depression.
When Wall Street loses its job, it is HILARIOUS.
The Jim Cramer Imlod-O-Meter is rising steadily...
there's always a bull market somewhere and it is in Shorting Jim Cramer! Boo yah.
and if cramer squealing for lower rates isn't enough here is him talking to Dick Cheney:
Cramer to Cheney: Hurry Up and NUKE Something!!!!!!!
cuz cramer's friends in hedgies fundies are going SPLAT! and lil bin Bernanke isn't lowering rates so please Mr. Cheney would you please NUKE a city or something?
Jim Cramer: hey how about Chicago? the sears tower is real nice and tall. and its called the Second City, after NYC, hehe get it? and thats where the CBOT is and where all the derivatives are, and my buddies at Goldman, Bear Stearns, and Lehman need jobs and stuff...
Jim Cramer: so hey come on and NUKE somewhere so my Wall Street friends and funds won't implode.
Jim Cramer: and if you don't NUKE something Dick Cheney it just means that you HATE America!!!! :mad::mad::mad::mad::mad::mad::mad:
Da Bear Question of the Day: Why does Jim Cramer HATE Sanity? :mad:
* Jim Cramer is the host of Bad Money on CNBC. He is a parasite everywhere else.
If there is a crash CNBC has that covered. they will just show archived footage...
CNBC has archived footage to watch just in case the stock market "armageddonates" all over itself. (i borrowed a word from Cramer and added, err, liquidity.)
it will show stock footage of the, uhh, stock market from 1999. the markets go up, especially the Nasdaq and Maria Bartiromo looks really, really hot (like a young Maria Bartiromo). and joe kernan is there. what the hell happened to joe kernan?
and Joe 5 3/8 pack investor (he lost his ass on friday and in 1999 they still used fractions) will call his broker when he sees global crossing up huge and Qualcomm at 400. and he will buy. because his memory is on a loop-de-loop, and he doesn't remember that he has been there before.
... and it didn't turn out well the first time either.
so the Psyo-Ops Protection Team (POPT) will be in full action. and all those market orders of QCOM and JDSU and YHOO will drive the stock market to infinity and beyond.
o I hear $300 for Microstrategy?
oil is falling. oil's well when all's well, but when all ain't well oil ain't well and, well, that's all i know.
here is a chart from bart regarding oil and natural gas: http://www.nowandfutures.com/download/oil_natgas.png
ok, yeah, uh, here is the part of the rant where it gets awkward and stuff. (damn, i hate it when it gets awkward.)
so, uh, do you wanna talk about politics? so who do you plan to vote for? I hear that Obama guy is real popular.
"Yeah, i'd do him," replies Mr. 9/11's daughter. link: http://www.myfoxchicago.com/myfox/pa...Y&pageId=3.1.1
so anyway back to politics. Ok, with the Democrats you have Hillary--the woman. and Obama-- the black guy. and Bill Richardson-- the Hispanic. so John Edwards has to be the gay guy! yeah, he's gotta be flamin' or something. because the Democrats are all about destroying Main Street values with the Neo-cons destroying Main Street economies. ya know, the Democrats are the ones to put the working class into the casket, and the Republicans are the ones to put the nail in the coffin.
back to stocks and investments:
Consumer stock and luxo stocks could be the new subprime stocks. HALF OFF (the sale before the 90% OFF SALE!).
Starbucks raised its prices and it has one on every corner and if everyone is out of a job and thus on the corner giving **** jobs (how many *'s in blow? i don't know), thus not needing java or anything that picks them up if all they gotta do is get down on their knees. coffee and caffeine is for booms not depressions! starbucks is a mania stock, not a bust stock (nothing is a bust stock for that matter).
the new consumer stock could be renting corners or renting retail sites formerly inhabited by coffee shops as bordellos.
... and if Starbucks goes bust, well, be sure to take some of the tip jars. cuz independent contractors with tip jars is gonna be the next big thing!
so buy stocks of companies that make tip jars!
for those people of course who didn't jump out the window in lower Manhattan. for that arena door-to-door body bag salesman could be the best option!
After, of course, you attend the Wall Street Sidewalk Sale going on all month, and all year, and for the rest of the decade. Used slightly dented and bloodied like new! blackberries, bags of crack. empty suits formerly worn by empty suits... get some of those. and ties! lots of ties! hot and desirable will be the ties that are hung out the third story window at Lehman Bros. and is attached to a real live dead investment banker at the end.
If J.P. Morgan stock were alive today, it would be rolling over in its chart.
JP Morgan's high was over $53 this year, then it dropped to $43 and now after its PPT rally its at $46 and change.
link: http://bigcharts.marketwatch.com/adv...time=10&freq=2
JP Morgan bailed out Wall Street after the 1907 stock market crash after, uhh, starting the 1907 stock market crash. could it happen again? or is it gonna go too? that crash led to the Federal Reserve. Could this lead to the North American Union Federal Reserve? could. highly probable.
But the credit crunch is on. and that means down. I wonder if the Federal Reserve trading desk is still hiring?
Dow dropped from 14,000 to 13,200 or so and has rallied since. however on weak breadth. EWI and Robert McHugh looked for a relief rally and this could be it. the 62% retracement level is pretty close. lets see what happens. i am looking for a crash in october. but october could come early this year.
well, next month is September and nothing ever bad happens in September that would make a good scapegoat (my pet scapegoat?) for a financial crash, right?
gold is doing its thing right now. it's just being gold. doesn't have a boss, a mortgage, or even a job. No one tells Gold what to do! and if it wants to hover around $666 from now until the end of time (or at least until options expiration day) it sure as heck will.
and silver is doing whatever gold is, and whatever gold is telling it to do. Silver is the George W. Bush of metals.
if gold breaks out to the upside it could hit $750. if it doesn't go up, it will probably go down. $650 or so should confirm that gold is taking the down escalator along with equities.
So the economy is fake, and the numbers are fake too. but they are still bad.
and things are crumbling... not just bridges, but rights and things. and that's not right. it's not even wrong.
Globalization is here to stay. and why the hell shouldn't it? all those McFailed and McFucked McFlippers are trying to rent out there McMansions to try and cover some money to open a home-based crack house operation. so Globalization is staying for the cheap rent, the mexi slave labor, and internet porn.
... shit it got awkward again. so umm, how's the weather?
The daughter of Rudie Julie Annie, the offspring of the Thermite Kid, the Spawn of Satan goes "well, it is great beach and bikini weather with all the global warming, but of course i am only 17."
and i go "DAMN GOD DAMN DAMN DAMN DAMN. ... er, about the hot weather and about the wave B sucker's rally in the Grand Super Cycle of Global Cooling."
Wave B of Global Cooling is peaking in what i like to call "summer."
and people don't like it, so Congress will do something about it.
It is now fighting its War On Summer. It plans to thoroughly beat the Summer Insurgency by mid-October. ... at least they will be able to take credit for something. but a Kondratieff Winter and Global Cooling may not go well together. ... unless you are able to sell popsicles to the eskimos who are homeless since they lost all their money trying to flip igloos.
but wait till next year she says where she can vote for Obama. it will be awesome. and da bear goes yeah! next year. :mad:
BOOM!
The Road to Tyranny Crashes in Minny
Well, terror strikes again as a bridge falls in minnesota. we can't rebuild Iraq. heck we can't even build America! but now we can start a new boom and mania bubble.... in infrastructure plays! a collapso-riffic infrastructure along with whispers of sabotage makes for a perfect Deal Deal On Terror!
we are going back in time getting more post-industrialized by the day! its literally back to the future! It seems as if we are transforming into a third-world country, and I say this as a citizen of the world's only remaining former superpower.
So people are losing their homes in foreclosures and their doors are being ripped off by repo guys and squatters, and shit's falling in, and scalar electromagnetic hurricanes are coming to a home near you. and we always have earthquakes...
plus the feds, bustin down doors and shit and haulin' ass to Gitmo or Dulce or somewhere.
feds: "Waco and smell the coffee and my jackboot thug footprint on your door! And say hello to Taser, my Police State Shock of the Day!"
so we are gonna need some doors to protect the Morrison Hotel from the riders on the storm!
so that brings me to my new job for "The Greatest Depression" (book on sale now, eat shit and guvment cheese Tom Brokaw!):
Door-to-Door Door Salesman! (hell, its funny, makes a great knock knock joke and it almost pays the rent!)
but hey tin-foil hatters get your hard hats on! here is a great conspiracy... the minny bridge collapsed right where the North American Union Superhighway is gonna go.
link: http://hitlerwasright.blogspot.com/2...ition-job.html
so they are gonna put in toll roads and few exits? ain't that great? i am sure all the wal-marts are gonna have exits. but the small stores won't.
Some are saying that the collapse of the bridge is a fault of government. and privatized roads and bridges won't collapse? and how do these pundits know? simple! no fully privatized bridges and roads have been built!
i know, i know, Big Business wants to build tons of private roads and bridges but big lobbying groups and unions always stand in there way. yeah, uh, like the Lobby and Union for People Who Like to Walk To Work Every Day To Do Their Jobs... In India!
yeah thats a huge lobby. bigger than the car makers. or Big Oil.
Big Bidness got nuthin' on Big Pedestrian! I tell you what...
but seriously, we are waiting for those nice private roads to be built. with lots of lanes and overpasses and stuff that lead to big box retailers like Wal-Mart and Lowes and Home Depot and to Big Gas stations like Exxon, and Big Little Nutrition like McDonald's and Taco Bell. ... you know with exits just for the big guys, and not ones cut out directly to mom and pop superstores... cuz when they built mainstreet the gub-ment built HUGE eight lane highways just so the cows and chickens on the outlying farms and rural areas could go drive to shop in downtown small town america.
oh wait... we do have those things. they are called federal highways. but Big Corporate isn't all bad. all that money they don't pay for taxes and for roads goes into building parking lots for people that used to work for mom and pop so they can go shop and be greeted in the front by the greeter who used to be a mom or pop and is now a under-employed grandmom or grandpop. and in the back they are greeted by all the illegals coming in the back door so they can check them out at the front door for five dollars and hour--under the table.
and big government sucks cuz i mean Big Car always wanted to build those flying cars and shit that dont need highways or roads or even gasoline (did you catch it in one of the back to the future movies where they ran the food on trash?). and Big Government shot them down! and now all the roads are clogged and gas is high high high (only partially due to the War On Cheap Oil). and why did Big Government shoot them down, say the free market-eers? simple! the Big Car lobby! so if it wudn't for Big Gubment there wouldn't be know Big Car Lobby!
that's why free enterprise works. it cut's out the middle man! and passes the savings, uh,... from one pocket to the other pocket! that's whats called trickle pocket economics!
Big Business loves Corporate Welfare almost as much as it loves Private Central Bank Bailouts! Only in America (soon to be North American Union).
corporations hate government. heck, corporations even hate corporate governance. that's why corporations are gonna outsource and privatize corporate governance. Blackwater will get the bid! who needs shareholder rights anyway?
Fair practices regarding corporate governance, transparent accounting, and shareholder services. Blackwater specialties of kidnapping, torture, and assassinations. Same difference.
Six lanes for joe six pack might be great for the common stiff, but Big Private Road will be great! you can get to your slave job at Wal-Mart in record time! and you can even eat at mikke dees and stay at Motel 6!
I betcha though that the private toll road is gonna be like the people mover tram at Caesar's Palace in Vegas. you know it is a horizontal elevator that goes in, but dont go out. It will be a one way highway! and of course, if you wanna go back the other way they will build a real nice sidewalk man so you can walk! cuz Big Pedestrian is HUGE!
and you know what they will call these private toll roads (ostensibly paid for by tax payers?) in this great Orwellian Police State North American Union?
FREEWAYS!
da bear
Fahrenheit 1929: The Temperature at which liquidity burns.
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