Stock Market Mania

[Rabbi Dali Rick]

the dow closed at -375, almost prompting a stop in trading.

CNN just reported the most people pulling out of the market are not placing the money in other markets or instruments but instead are getting liquid. Imagine that..



the rebbi

[can't sit still]

It seems that the insiders want OUT;
http://www.zerohedge.com/article/inside ... -past-week

[can't sit still]

Here's a little mania for you;
"In particular, someone is making some incredibly large bets that the S&P 500 is going to absolutely tank during the month of October."
http://theeconomiccollapseblog.com/arch ... al-markets

[can't sit still]

This is a good article on inflation and how it makes us feel rich.
"That’s the con that is being played on American investors by the Fed. It’s a game called hyperinflation and in the early stages, it does seem like a lot of fun as your investments go up 10% while your savings devalue by 10% and the stuff you buy goes up 10%"
"global wages are in decline, global standards of living are in decline and close to 20% of the people on the planet aren’t even working. "

"Yet I still see chart guys running out on CNBC telling us their TA tells them we can go to the moon. Sure, we can go to the moon. Price your stocks in Hungarian Forints and suddenly the S&P is at 240,000 - all we have to do is ignore the fact that the currency has changed - JUST LIKE WE DO WITH THE DOLLAR - and we are rich, Rich, RICH! "

"Do you know what the World’s hottest market was in 2007? Zimbabwe! That sucker would gain 500-1000% in a single day"
"Who makes out well when we have hyperinflation without wage inflation to match? The investing class, of course - and that’s us"
This is something that we all need to think about. With declining purchasing power, what kind if profits can a company expect? What will the P/E be when the dust settles? As increasing taxes cause 3X negative multiplier on the GDP, what effect will that have on consumption and P/E ?
http://ilene.typepad.com/ourfavorites/2 ... ation.html

[can't sit still]

Here's some great graphs of the DJIA compared to gold and commodities. They aren't very much different. Stocks have been declining for years;
http://www.elliottwave.com/freeupdates/ ... Trend.aspx

[can't sit still]

Here's some numbers from the Daily reckoning;

In other words, it may be time to avoid the areas of the market that have become too popular - the "crowded trades."

Rosenberg highlights the following crowded trades:

* Equities: There are currently 5,780 net long contracts on the Chicago Mercantile Exchange (CME).

* Oil: There are a near-record 208,226 net long contract on the NY Mercantile Exchange.

* Gold: There are a near-record 253,528 net long contract on the COMEX.

* Copper: There are a near-record 25,139 net long contracts on the COMEX.

* Silver: Not a record but a still significant 42,556 net long contracts on the COMEX.

* Euro: Huge net speculative long position of 35,879 contracts on the CME.

[can't sit still]

Here's a little vid on the stock market.

[can't sit still]

Greenspan says to buy stocks. Funny, nobody seems to be listening. "According to Bloomberg, in the week ended January 14th, S&P 500 insiders sold $163 million worth of stock in 54 separate transactions. They bought exactly $0"
http://www.zerohedge.com/article/inside ... prior-week
Must be a fluke.

[can't sit still]

This is from a technical investment paper.
A couple of quotes;
"All typical Elliott Wave Analysis is signaling an imminent major multi-year reversal.
We only disagree that it is as imminent as they would tell you."
"The Bradley Model is signaling that the current correction ends in
late Match
with final leg finishing by June 2011. "

This seems to agree with projections by other people. A big unwinding after June.

[can't sit still]

This is a BIG deal. The EU is considering a .05% tax on financial transactions. The so-called, Tobin tax. You can bet that banks will oppose it. They may force it through anyway. GOV is SO broke. The tax wouldn't ever work unless it were worldwide or, the money would fly to the countries without it. The U.S. would have to adopt it. Who knows?
http://www.telegraph.co.uk/finance/econ ... tions.html

[can't sit still]

Marc Faber, Celente, Charles Neener and a few others are calling for a big correction in the stock market.
"Yesterday, former Goldman Sachs technical analyst Charles Nenner - who has made some big accurate calls, and counts major hedge funds, banks, brokerage houses, and high net worth individuals as clients. - told Fox News that there will be “a major war starting at the end of 2012 to 2013â€

[Simon of the Playa]

actually just the opposite you intellectual midget.

as today's markets have shown, the money, like the tsunami, is flooding in here, away from the asian and european markets...


huge fucking duh.


and you call yourself smart....you are a hate monger, a war monger, and an escheton imminizer. (tm)


go spew that stuff where it belongs, in the gutter.

[can't sit still]

The investors are happy because the stock market has recovered much of it's losses. So, what exactly is driving up the stock market? The $ 600 billion of QE II is doing part of it. There is good reason to believe that the $ 600 billion is just a small part. It appears that the PPT pumped in $ 6 trillion.
http://www.thenewamerican.com/index.php ... conspiracy
$ 6 trillion is a pretty good chunk of "money" . We were told that TARP was $ 700 billion. There was almost no mention of the $ trillions flowing from the discount window and the overnight window and a few other places. The stimulus cost was eventually pegged at $ 27 trillion. It was originally listed at about $ 3 trillion;
http://blog.heritage.org/2009/02/12/tru ... -trillion/
The guarantees could bump it way up. Who knows ? The pumping of $ 6 trillion in the stock market is not going to save anything in the long run.

[can't sit still]

This is a short vid on E-trade;

[can't sit still]

This is an excellent PDF for anyone who plays FOREX or the stock market.
http://www.bestmindsinc.com/documents/T ... 2.1011.pdf
It talks about the strange fact that COMEX trades up to $ 4 trillion a day even though the world GDP is only $45 trillion a YEAR.

[can't sit still]

This is an interesting observation by Smith; "According to my research, last week's stock market rally was the sharpest such surge since 1644, just before the Ming Dynasty collapsed" http://www.oftwominds.com/blogjuly11/sh ... -6-11.html
Another vid http://clicks.hsibaltimorew.com//t/AQ/A ... p3I6A/B_CC

[can't sit still]

This is from the crystal-ball department;
"The economic collapse is unfolding right before your eyes. I warned of an August correction of the stock market that would cost investors up to 20% of their holdings. I was right. I am now warning you that the total stock market collapse is planned for the end of October/ early November."
http://www.moneyteachers.org/Comex+Silv ... nnect.html

[can't sit still]

This is an interesting play for the stock market. Drocton claims that all the wealth will be sucked into "put" options.
"2. The Stock Market Crash comes first. Trillions of wealth will transfer hands as shorts against the S&P and other Indexes will continue to escalate. Insurance companies, banks, Mutual Funds, ETFs and other institutional investors will dump their holdings on command. Stock prices will go down, while Index Options capture all of the transferred wealth.

3. Near the end of the market collapse the Federal Reserve will begin a series of interest rate hikes to trash all existing debt with a fixed interest rate. This will decimate the bond market. By the way, you can also buy Short Options against bonds and Call Options on Interest rates. More wealth transferred from the poor suckers that actually trust these people."
http://www.moneyteachers.org/Economic+C ... Script.htm
Who the hell knows?

[can't sit still]

This is another claim from Drocton. He is correct about the "puts" in the S&P.
"S&P 500: As of business close yesterday, Puts against the S&P 500 stood at 7,055,983 (Open Interest). Trade volume for Puts, as of close yesterday, was triple that for calls. This shows that the plan to raid the S&P of its 4.56 trillion dollars is still in force for October. "
http://www.moneyteachers.org/Drockton+F ... 8.2011.htm

[Simon of the Playa]

after careful review of your predictions it has been determined that a broken clock has been correct more times than you.

[can't sit still]

Putting things in perspective; " Today, the S&P opened at 1178. So, in real dollars, investors have lost 80% of their investment since 2000. That means $1,000 invested in the S&P is now only worth $200. It looks like it is going to get much worse" http://www.moneyteachers.org/Drockton+F ... 8.2011.htm
How much worse?
http://www.henrymakow.com/trader_says_c ... rs_wa.html
http://www.henrymakow.com/endofanera.html
The safest haven for the moment is CASH. There is great demand for cash. http://dailyreckoning.com/why-the-us-do ... in-demand/
If you want to hold stocks, you should have bought Sturm-Ruger. Their stock climbed at 4 times the rate that gold climbed.
This short vid is very good at showing just where the money goes and why the banks want to continue just as things are;

[Simon of the Playa]

go fuck yourself, dan.

[Dr. Pyro]

From the date of Can't Sit Still's posting (Sept. 28) to the market close yesterday, the DJIN was up 945 points, or 8.48%. Some people have no business commenting on the stock market or the economy in general because, with their jaundiced leftist-socialist mind set, cannot objectively see the greatness of the American economic system. Which is why, happily, you have people like me around.

[Canoe]

The scary part is the number of those playing the market who don't have their own opinion, nor any research from which to form one, and base their decisions on either: the latest article they've read, or the latest articles that support their world view. I bet the people who think the markets are free & fair and the same people who believe that officers have to answer truthfully when asked if they're a cop.

Of course I couldn't think of a better source of equity trading information than eplaya.

There are people getting paid to shrill stock/market advice on forums...
Just saying.