Stock Market Mania

Ugly Dougly · Post by **Ugly Dougly** » Thu Mar 12, 2009 9:42 am

That's right, the fundamentals are pointing to a long-term rally. Finally.

Post by **Elderberry** » Thu Mar 12, 2009 10:49 am

about time I don't have to read any more doom and gloom in this thread!

JK

Apollonaris Zeus · Post by **Apollonaris Zeus** » Thu Mar 12, 2009 2:04 pm

its Bear market rally and it should go on into late april with some small sell offs in between.

After April is may be return to retest the bottom especially if more people are going to lose their jobs. Hopefully people are not going to save every cent and spend some cash and not use their credit cards or maybe pay off their cards and spend a little cash.

did you people invest those retirement funds? The mutuals have to invest that money according to the law before April 15. That is driving up the market. Its just not the funtamentals and yes it looking like the markets are stabilizing- for now!

Oh yes Maddoff is in jail! I think that has helped the market knowing we have turned a corner of a trend of ripoffs.

Time to hit the loca brewery and this time I'll not go NUTS when I get back!

AIIZ

gyre · Post by **gyre** » Thu Mar 12, 2009 5:41 pm

Why would Madoff inspire confidence?
He was turned in many years ago and nothing happened.

Why would anyone believe things have changed enough?

Apollonaris Zeus · Post by **Apollonaris Zeus** » Sun Mar 22, 2009 7:56 pm

gyre wrote:Why would Madoff inspire confidence?
He was turned in many years ago and nothing happened.

Why would anyone believe things have changed enough?

Because they want too and the indicators say so!

Hope you bought those stocks when I told you too? The Mutuals will start to buy stocks starting this week and should build to the 15th of April. these last few days of lost gains are perfect to set up buys so they can comply with the 401K retirement laws. If you haven't invested your retirement, this may be the last time you can at a good price until next years deadline.

Four weeks to go before this Bear Market Rally loses steam and starts to test the bottom if unemployment and spending continue to drop off or it's going lower into the 5,000's. The banks need to dump their toxic holdings and housing pricing needs to drop another 20% before anyone will start buying new and existing homes. The same correction that happened in the stock market needs to happen in the housing market for our economy to begin its next climb.

AIIZ

cowboyangel · Post by **cowboyangel** » Sun Mar 22, 2009 11:45 pm

Zeus, the market may be becoming irrelevant now.

Josh Sidman on the destroyed dollar:

Thereâ€™s a lot that doesnâ€™t make sense about the economy these days. The situation is so mind-numbing that an increasing number of Americans seem to be opting to simply ignore it all in the hopes that it just goes away. Most people I know have stopped looking at their account statements, and â€œbailout fatigueâ€

Apollonaris Zeus · Post by **Apollonaris Zeus** » Mon Mar 23, 2009 6:47 am

Gee Cowboy Angel, your post deserves merit and a good response, but I'm late for an assignment and got to leave now so I'll get back to it soon.

On the Toxic assets, the gov has put forward a plan today. This should move the stock upwards in a big way. So big that the Mutuals are going to invest now instead of waiting until the 15th of April as there may be no guarantees that the market will go back under 7,000 in months

Get your 401 in today!

AIIZ

Ugly Dougly · Post by **Ugly Dougly** » Tue Mar 24, 2009 3:59 pm

The sky is still blue, the grass is green and you know what is still pink.

Apollonaris Zeus · Post by **Apollonaris Zeus** » Mon Apr 06, 2009 7:13 pm

[quote="cowboyangel"]Zeus, the market may be becoming irrelevant now.

Josh Sidman on the destroyed dollar:

Thereâ€™s a lot that doesnâ€™t make sense about the economy these days. The situation is so mind-numbing that an increasing number of Americans seem to be opting to simply ignore it all in the hopes that it just goes away. Most people I know have stopped looking at their account statements, and â€œbailout fatigueâ€

Apollonaris Zeus · Post by **Apollonaris Zeus** » Tue Apr 07, 2009 10:57 am

It looks like the Shorts have already started. We may not get back to 8,000. I would buy some now and then on the top of the next rally but we might not get another one. I would buy stocks except those that haven't rallied yet meaning those that haven't seen a surge of mutual funds invested in it.

And that isn't housing nor banking. these are still markets that are still unstable. Being up 1 or 2% over last month is not good news when those months are still 30% of last year and 20% below the year before!

If you want individual advice on stocks, I don't give that because that takes a lot a research and I don't watch the tickers all day long to see where the big money is moving into and out of an individual stock.

Trends do affect most stocks. Those that it doesn't most likely have some bad news associated with that stock suppressing the price of that stock.

AIIZ

Apollonaris Zeus · Post by **Apollonaris Zeus** » Sat Apr 11, 2009 9:02 am

The bank toxic assets is the main reason that I believe our stock market and economy will remain with an uncertain recovery. One reason, I don't believe that they are good stock buys even when you include reported Wells Fargo's profits. Those profits are from a bank acquisition and not from its regular activities. The banks are cooking their books to remain looking profitable when they are actually in the tank. They have no money to loan out. Therefore, the housing market will not recover, but homes are overpriced for this economy by 30-40% anyway. Some bank stocks would be a good Short if their prices did rise at unsustainable levels!

So, I believe that the bear market will continue after the 15th of this month so look for oversold stock to short. Stocks that rose that have heavy liabilities and low cash on hand levels for our present economy.

Here is a good NYTimes article on the banks:

http://www.nytimes.com/2009/04/11/busin ... ml?_r=1&hp

The immediate concern for the administration is how to get the weaker banks to relieve their books of deteriorating mortgages and mortgage-backed securities.

Industry analysts estimate that United States banks alone have more than $1 trillion of such mortgages on their books but have recognized only a small share of the likely losses.

Economists at Goldman Sachs estimated recently that banks were valuing their mortgages at about 91 cents on the dollar, far more than investors are willing to pay for them.

Even though the Treasury Department plans to subsidize the purchases of toxic assets by giving buyers low-cost loans to cover most of their upfront cost, a growing number of analysts warn that many if not most banks will remain reluctant to sell.

â€œThe gap is still very wide,â€

Post by **Elderberry** » Sat Apr 11, 2009 9:16 am

Hmmm....so what do you think about the banks having to pay the government the warrants if they want out of the program? I don't think that is any more 'unamerican' than the government lending the money to the banks to begin with. I don't see what the problem is here.

JK

Apollonaris Zeus · Post by **Apollonaris Zeus** » Sun Apr 12, 2009 7:42 am

No I don't think its wrong in anyway. Even if the government tells someone they are fired for fucking up or that they don't have a legitimate right to a bonus if they ask and apply for government funding.

I don't like what Bank of America did, buy a bank then, apply for a bailout loan after spending billions on the purchase. that fucking wrong!

So no bonuses for them and any other company on government bailout money!

AIIZ

Apollonaris Zeus · Post by **Apollonaris Zeus** » Mon Apr 13, 2009 6:36 am

Obama tells GM to prepare for Bankruptcy!

I wrote representatives in two fucking state long before the first bailout and spending billions of dollars on these GM Fuck Heads that they should go into bankruptcy, but NO every stupid politician said that shouldn't happen.

Well guess who is right! Me and the few others that knew to let the normal procedures for businesses that can't run a company do.

It's now Chap 11.

But it won't effect the market too much so there will be a slight gain or loss today.

Onward to 8,400 by the 15th

AIIZ

Post by **Elderberry** » Mon Apr 13, 2009 7:50 am

I don't thing the black and white "who is right or wrong" is the important point regarding the bankruptcy. I think the psychology of how they made the decision to allow this to happen was critical. People are now more 'ready' to accept this option than they were several months ago, and the government made the effort to show that they 'cared and tried to help'. This gave 'the people' a change to get used to the idea and helped to appease all of the political forces out there.

JK

can't sit still · Post by **can't sit still** » Mon Apr 13, 2009 8:48 am

Zeus, it's been generally accepted for a long time that GM would have to go bankrupt. There is no possibility of them being competitive until they dump their pension load. All this maneuvering is just BS for show. They want to throw the onus for canceling the pensions onto a judge rather than on the legislators.
Case law decided this a couple of years ago. Fait acompli

Apollonaris Zeus · Post by **Apollonaris Zeus** » Mon Apr 13, 2009 1:29 pm

right on Can't Sit Still! But its not just the labor contracts. Executive pay and bonuses, bank loans and interest too. This delay has only hurt the auto industry recovery.

Jkiska, that 17 Billion dollars could have bought a lot of shrinks and advertising. It just gave some investors a chance to bailout their own asses. It makes me wonder why did they wait when the auditors of GM predicted this so much a month ago? Now after 5 weeks of their stock gains. Sounds suspect to me. Every investor knows the real reason for this Bear Market Rally. It's a response to 401 investments like the Bears that lineup for the salmon spring run on a AK stream.

Two more days of spawning, then its back to pulling the dead stock carcasses off the rocky shores

Get ready to roll over those 401 investments to cash and buy back in near the 60 day limit!

AIIZ

Apollonaris Zeus · Post by **Apollonaris Zeus** » Wed Apr 15, 2009 6:34 am

It time to Sell, Sell, Sell, Short, Short, Short!

the bad news yesterday of retail sales, job loss, and now companies reporting loss of sales (as predicted) means we heading back down to test the lows in a month or sooner.

If you pensions, I would roll a significate portions 40-60 or all and roll it into cash to buy back in at a low.

AIIZ

Apollonaris Zeus · Post by **Apollonaris Zeus** » Thu Apr 16, 2009 6:15 am

JP Morgan- chase has reported better earnings.

Now we can stop giving them Bailout Money and get them to start paying us back with profit!

Other then that, they are still in a hole and more companies are reporting lower lows and layoffs. Their profits are still lower then last year's and are in areas like morgages and business investments. The Report doesn't say if these are new sales or existing contracts. so you can read it as a bottom or just a residual of a better time.

Home construction is lower and at a 50 year low. Mall operator, General Growth Properties, has filed for bankrupcy.

The Mutuals 401s had made a big effect on the stocks, but that is over so the long term trend is a move back down to test that bottom.

Place some shorts, move the stocks and those that were bought in your 401 at the high of this rally into cash rollover money market accounts. Get ready to buy in about a month or two.

Warning on if this market can go higher? I ask can the present economic situation can support the level where we are now? If it can support these levels how can it go higher. And if so on what basis? It can't! It can't support the 6,000 levels without consumers spending. consumer spending

AIIZ

Apollonaris Zeus · Post by **Apollonaris Zeus** » Thu Apr 16, 2009 7:24 am

As I was saying, We will not see a bottom until consumer spending increases. And it has to be their money not just the banks credit lines.

So until that point. I say we are going lower.

AIIZ

Apollonaris Zeus · Post by **Apollonaris Zeus** » Thu Apr 16, 2009 8:06 am

Nokia, the worldâ€™s largest cellphone maker, reported its worst quarterly profit in more than a decade on Thursday, but companyâ€™s shares rallied after its chief executive suggested the worst for the global industry may be over.

yes, I always base my buying decisions on the suggestions of companies executives- NOT!

Why? These guys get pain in company stocks that's why!

Nokia is up right now. Can you guess where they will be at the end of the day?

AIIZ

Apollonaris Zeus · Post by **Apollonaris Zeus** » Fri Apr 17, 2009 7:22 am

Well it looks like we're in beginnings of the new bubble because the banks are cooking the books. I wanted to comment on this recent accounting change that is going to affect all company reports and is leading to a â€œCooking Of The Booksâ€

Apollonaris Zeus · Post by **Apollonaris Zeus** » Fri Apr 17, 2009 8:22 pm

5.9 point gain as the houses counter the shorts!

cliff ahead!

Apollonaris Zeus · Post by **Apollonaris Zeus** » Mon Apr 20, 2009 3:08 pm

Profit Up, Bank of America Chief Cites Acquisitions

but read the fine print

http://www.nytimes.com/2009/04/21/busin ... nk.html?hp

"Financial shares, however, slid sharply Monday because of investor concerns that much of the profit reported by the banks was from one-time gains or accounting adjustments"

Just wait till next quarter's earnings reports!

Sitting Ducks for major shorts!!!!

if you place them during this quarter highs (that may be right now), I guarantee that you will make some big time cash!!!

It's going to be a Bison Jump!

AIIZ

Post by **Elderberry** » Mon Apr 20, 2009 5:41 pm

Apollonaris Zeus wrote:Profit Up, Bank of America Chief Cites Acquisitions

but read the fine print

http://www.nytimes.com/2009/04/21/busin ... nk.html?hp

"Financial shares, however, slid sharply Monday because of investor concerns that much of the profit reported by the banks was from one-time gains or accounting adjustments"

Just wait till next quarter's earnings reports!

Sitting Ducks for major shorts!!!!

if you place them during this quarter highs (that may be right now), I guarantee that you will make some big time cash!!!

It's going to be a Bison Jump!

AIIZ

What are the terms of your guarantee?

JK

Apollonaris Zeus · Post by **Apollonaris Zeus** » Mon Apr 20, 2009 9:24 pm

The Gods Guarantee it!

But you better act fast!

The federal trades commission is being pushed into ending shorts because the houses don't like to lose money! They want everyone to think that stocks only go, up, up, up! So when stocks are downgraded, they only want to sell! They don't want you to short. In turn they profit from the stocks they short. now people are learning that you can make money doing the same things they do, Short Sells.

This is the biggest fuck up in an accounting change that our government has done since the last one.

They should pay dearly for it!

Buy now!

Sorry to tell, Jkisha, but the Bear Rally just overbought the stocks. It stopped less then 300 point below from my prediction from several months ago. Last thursday, shit loads of shorts started to appear (as they always do after Tax Day) but never have I seen that many. Fridays little gain was just the houses trying to shake off the shorts by buying more stocks- they don't want to lose their gains gained by using your money to more certain stocks higher.

In a month and half, we will test those lows of the mid-6,000s.

remember, the stock market always reacts ahead of the market, but a premature rally backed up with poor economy reports only means a downturn. No one is going to rehire anyone until people start buying shit and inventories are more then being depleted with current production. the forecasts of employment is that companies are preparing to rehire. Until they actually start to rehire, I won't see an upturn. Even Obama's stimulus won't be in full force for at least a month and a half to three months.

so buy some shorts of the large banks that our government will not let fail. You don't want to buy shorts of a bank that closes, you will just lose the short sell entirely!

AIIZ

Apollonaris Zeus · Post by **Apollonaris Zeus** » Tue Apr 21, 2009 5:17 am

i'm going to propose an action by pensioners to show the effect of a coordinated sales of stocks to lower prices so they can become more profitable.

I will call it The Jericho Project: Make the Wall Come Down!

It will be like the genocide perpetrated of the Jews against the Ammonites a group connected to the Phoenicians except it will be Wall St prices that will Genocide into lower prices- The Promised Prices! We will buy instead of steal the Promised Stocks.

Pensioners have the power to manipulate stock prices like the big players if we can get them to sell off on a specific date it can then effect the prices of the market lower. At which point, the stocks are then bought.

Joshuwa, made the walls come down (actually after several tries) on Jericho, retirees can make Wall St come down into buying ranges during the next low sometime next month the date should be May 20th.

AIIZ

can't sit still · Post by **can't sit still** » Tue Apr 21, 2009 7:49 am

Zeus, I had heard that the "uptick rule" might be re-instated. GOV can't bring any stability to the market if there is always big money to be made in shorting. I'm not certain yet if the uptick rule will affect precious metals. 3 banks hold enormous shorts in PM. I hope that they lose their collective asses.

If the PM-to-Dow ratio returns, I'm going to buy myself a 23 acre present.

ygmir · Post by **ygmir** » Tue Apr 21, 2009 8:18 am

PM to Dow ratio?.........

Apollonaris Zeus · Post by **Apollonaris Zeus** » Tue Apr 21, 2009 9:28 am

ygmir wrote:PM to Dow ratio?.........

gold!

here is what many investors are concerned about. changing the rules when a stock is overrated and overbought!

Another View: Tighten Short-Selling Rules for Now
April 21, 2009, 9:30 am

Topics Another View, LegalIndustries Financial Services
Perrie M. Weiner of the law firm DLA Piper argues that greater regulation of short-selling is needed during the current volatile market conditions, but not permanently.

During ordinary market conditions, which are clearly not the case right now, the rules currently governing short-selling are more than sufficient, especially since the Securities and Exchange Commission put Regulation SHO in place in 2005. No greater regulation is needed.

But in an extremely volatile market like as the one we currently are experiencing â€” in which the government is flooding a wide range of publicly held companies with taxpayer money to keep them out of bankruptcy, and in which there remains great instability â€” emergency (meaning â€œsignificant but short-termâ€