and they again today ignore the consumer credit data today
we have the dumbest bulls around since 2007 and late 1999
very confident to have some shorts on here as the dumfuks keep pumping on fast money halftime
You are the man appljack, just tell it like it is sister...
there is no way you can go wrong with that...
I totally agree with you. Just because, you invested in SDS and it continues to go down then go ahead and blame just about everybody for your poor stock trade.
And thank god for those Americans who overcome those American'ts.
How is it the retailers are doing so well when consumer credit has declined? Somehow they've found magic cash stuffed under their mattresses that they didn't know were there before? Oh right, thanks Obama, you're my pal!
It is just a bunch of media b.s. Most of the difference is due to Easter coming so early this year.
According to McHugh's newsletter "Retail Sales were reported to have the highest one month percentage increase on record in March. However, Easter came early this year and almost all the increase was due to this, that if Easter sales are taken out, March's figure came in below February's. This also means April's figure will not have the benefit of its usual Easter sales boost, so could be weak."
From what I have read... The banks have for the most part stopped foreclosure proceedings against defaults for the past few months. The "homeowners" are not making payments any longer and are spending that "bonus money" on themselves while they wait to see how Obama plans to bail them out. Remember, If you are current on your payments the government won't help you. The banks are also too scared of our government to enforce their rules.
I've had it with this fu%King bull$hit. This stupid country always repeats the same failures over and over and every time it seems to get worse. I WANT OUT of this country now and am making plans to do so. Have fun with your communistic socieity and have fun when all your "Gains" from a pumped up stock market get taxed away. F it. I'm done. I'm sure the food stamp people in the ghetto will love the food stamps u provide them from your taxable gains.LOL