Fasten Seatbelts: End of the Beginning

[jtabeb]

Re: Fasten Seatbelts: End of the Beginning

I don't think oil stox would drop, but they could. A harder prediction is GE-- which has so far barely even recovered from its $8.50 low. GE is now in a dead-cat bounce--- or not even that.

GE is CITI with a technical science department.

[TRake]

Re: Fasten Seatbelts: End of the Beginning

I think the stock market is in a bear market rally but that this rally will go on well into summer--- rather than the "sell in May and go-away," thingy.

I think the second drop or second barf begins when inflation is going like crazy, the economy is barely-steady, and Bernanke is predictably slow about withdrawing liquidity. That crisis of confidence should be coming-up this summer.

I don't think oil stox would drop, but they could. A harder prediction is GE-- which has so far barely even recovered from its $8.50 low. GE is now in a dead-cat bounce--- or not even that.

I agree with you steve. Well in to the summer. I believe the 60 days for comments that the SEC offered on 4/8/2009 for the uptick rule gives a time line indication of what the plan are for the market. As much as people like to think the market has a mind of its own, it really doesn't. I predict the next precipitous drop will occur in mid to late June of 2009.

[vanvaley1]

Re: Fasten Seatbelts: End of the Beginning

i can tell ya, when that day is here, money is the least of you worries. better get drunk then has sex all day long....

I was kinda hopin' that was the day the Fed would crash and/or release a quadrillion dollars into the market. But your idea sounds better.

[skyson]

Re: Fasten Seatbelts: End of the Beginning

I was kinda hopin' that was the day the Fed would crash and/or release a quadrillion dollars into the market. But your idea sounds better.

shew.... this special day of Dec. 21, 2012 suppose to be the end of the world according to our ancient gurus...

[Verrocchio]

Re: Fasten Seatbelts: End of the Beginning

This is only the 4th inning of the game. Yes, the home team is expected to rattle their bats at this time, so a few runs will be knocked in, but the drubbing will continue in the 5th. Deep technical analysis, including Elliott Wave, is calling for a turn this week. If it goes down, then it will retrace roughly 2/3rds of the recent gains; if up, then it'll reach the 9000s on the Dow. Afterwards, yes, look out below. Of course, nobody will admit they believe in technical analysis, so just keep a firm grip on your gold and silver coins.

[Jay]

Re: Fasten Seatbelts: End of the Beginning

I was kinda hopin' that was the day the Fed would crash and/or release a quadrillion dollars into the market. But your idea sounds better.

The fact that the word quadrillion can be mentioned with all seriousness, or at least a modicum of such, is incredible.

[Starving Steve]

Re: Fasten Seatbelts: End of the Beginning

GE is CITI with a technical science department.

Yes, Citi Bank with a technical science department is GE. Sad but true.

I have 500 shares of GE stock from $31 bought around August.... [Sic,] "House of pain."

[vanvaley1]

Re: Fasten Seatbelts: End of the Beginning

The fact that the word quadrillion can be mentioned with all seriousness, or at least a modicum of such, is incredible.

What comes after quadrillion?

[ThePythonicCow]

Re: Fasten Seatbelts: End of the Beginning

What comes after quadrillion?

Google is your friend. From http://www.jimloy.com/math/billion.htm

Number of zeros	U.S. & scientific community	Other countries
3	thousand	thousand
6	million	million
9	billion	1000 million (1 milliard)
12	trillion	billion
15	quadrillion	1000 billion
18	quintillion	trillion
21	sextillion	1000 trillion
24	septillion	quadrillion
27	octillion	1000 quadrillion
30	nonillion	quintillion
33	decillion	1000 quintillion
36	undecillion	sextillion
39	duodecillion	1000 sextillion
42	tredecillion	septillion
45	quattuordecillion	1000 septillion
48	quindecillion	octillion
51	sexdecillion	1000 octillion
54	septendecillion	nonillion
57	octodecillion	1000 nonillion
60	novemdecillion	decillion
63	vigintillion	1000 decillion
66 - 120		undecillion - vigintillion
303	centillion
600		centillion

[Sharky]

Re: Fasten Seatbelts: End of the Beginning

Google is your friend.

From such a list, how could you leave off: 100 zeros = googol...

[WildspitzE]

Re: Fasten Seatbelts: End of the Beginning

From such a list, how could you leave off: 100 zeros = googol...

That would be the first one that doesn't sound like an antibiotic.

[rjwjr]

Re: Fasten Seatbelts: End of the Beginning

What comes after quadrillion?

Hyperinflation

[rjwjr]

Re: Fasten Seatbelts: End of the Beginning

I've been saying all along - as has iTulip/EJ - that the true low will come only when the realization strikes that the government cannot fix the problem this time via printing.

But, they're still going to try to fix it that way. Only the term Quantitative Easing sounds so much loftier and likelier to work, eh?!

[Glenn Black]

Re: Fasten Seatbelts: End of the Beginning

http://zerohedge.blogspot.com/2009/0...liquidity.html

Latest datapoint. The fix is in, and its GS (Goldman Sachs) up to their old tricks again. Quant trades 6 standard deviations away from market neutrality.



The crash will be soon, very soon. Extreme volatility on low volume. Goldman Sach is trying to make up for the shortfall by creating all the volume themselves, probably in a circle jerk with their friendly neighborhood conspirators.

Key to note here is that Goldman's program trading principal to agency+customer facilitation ratio is a staggering 5x, which is multiples higher than both the second most active program trader and the average ratio of the NYSE, both at or below 1x. The implication is that Goldman Sachs, due to its preeminent position not only as one of the world's largest broker/dealers (pardon, Bank Holding Companies), but also as being on the top of the high-frequency trading/liquidity provision "food chain", trades much more often for its own (principal) benefit, likely in tandem with the other top dogs on the list: RenTec, Highbridge (JP Morgan), and GETCO. In this light, the program trading spike over the past week could be perceived as much more sinister. For conspiracy lovers, long searching for any circumstantial evidence to catch the mysterious "plunge protection team" in action, you should look no further than this.

[vanvaley1]

Re: Fasten Seatbelts: End of the Beginning

Google is your friend. From http://www.jimloy.com/math/billion.htm

Number of zeros	U.S. & scientific community	Other countries
3	thousand	thousand
6	million	million
9	billion	1000 million (1 milliard)
12	trillion	billion
15	quadrillion	1000 billion
18	quintillion	trillion
21	sextillion	1000 trillion
24	septillion	quadrillion
27	octillion	1000 quadrillion
30	nonillion	quintillion
33	decillion	1000 quintillion
36	undecillion	sextillion
39	duodecillion	1000 sextillion
42	tredecillion	septillion
45	quattuordecillion	1000 septillion
48	quindecillion	octillion
51	sexdecillion	1000 octillion
54	septendecillion	nonillion
57	octodecillion	1000 nonillion
60	novemdecillion	decillion
63	vigintillion	1000 decillion
66 - 120		undecillion - vigintillion
303	centillion
600		centillion

Whatever ya do...don't show this list to the congress, the prez, and the Fed/Treasury. If they think there's an unlimited upside pass a quadrillion there's no tellin' where they will stop. Thanks for the info.