Who has billionaire backers that are ruining the economy with their bribery and extortionary tactics.
He's now talking up Csco. Which is totally moronic, as the ceo chambers announced retirement today. This is what he does, recommending stocks to bail out his buddies and provide gs liquidity when needed.
Ha ha, well. Have a friend who is way up at softbank. Says that these boards are usually most used by disgruntled ex-employees, who've got an axe to grind. Some he said have dozens of username's and are semi-retired but trade cause they are upset stock never kept pace w market. Made sense.
More on the way even in europe, bpn parabas ceo retires. Take the money and run...
Have never seen a better job ever.
Keep doing that, and making money that matches your last dollar purchase. As the purchasing power gets worse you buy less and less. In the long run you are not doing yourself any favors. You will get ten dollar gas, milk, bread and eggs. No corrections equal hyperinflation. When are the people on the board going to figure out that isn't a good thing. Why is this so? Because traders park their profits in dollars. This is why they are HEALTHY becasue it SUPPORTS strong dollar. The media and bankers don't want them, and you should because they want to bankrupt you and everyone else. Your trading profits in the end don't help your cause, because you will never make enough without any corrections. Wake up.
They are the key. Once the banks confiscate all the gold and silver they can, by pushing the the price back down, then and only then will they let the markets go. The solution, buy the hell out of them. Not only do you have 1300 dollar that can fit into your hands, you can buy a lot with that. That is what the banks don't want. They want all assets under their control. You want 10 bucks for milk, gas and eggs? Go ahead wish for a higher market and keep buying. Your dollars will get weaker, and without a sizeable correction, the dollar LOSES purchasing power every day. A 16k stock market buys less with a dollar that is 35% less than in '07. That equals 11k. The market has actually gone NOWHERE (traders would always park their profits in DOLLARS. This is why corrections were HEALTHY.) This is also why people haven't made any money and exited in record numbers as we hit the highs. Only 50 stocks account for the highs or so. That is a private market for the billionaires only. I don't have a job to keep and write on here because I have traded stocks for 28 years and sold my company. Due to the margin being yanked from us. Of course, all of that was handed over to the mortgage co's so they can be a part of this asset colletioning. Lehman was trashed on purpose. The bankers don't want people making cash profits either. Everyone must wait for the end of each year to get their bills paid off, but first they have to collect THEIR bonuses, on YOUR money. BUY puts and yes, if enough of us do it, we can save the economy and get ride of them and their pawns that are bribed, extorted, bought and paid for in dc that have caused us so many economic problems. The banks will be forced to merge and lend, that is the start of any real recovery. Look it up. Not this debt ridden ramp up.
Doesn't matter, what tom said below stands correct. Now it's bacccccck. Out nowhere hang seng comes right back and starts banging out new highs right before us fut go green.
What a shocker.
It will be a first if three days go by that all indexes are down and us futures are up, ever. At least I think in the last five years, when correlations were different.
Yep, he just said it, -100 point on the dow is a buying opportunity and they will raise the debt ceiling.
Gs and ms were all over the nasdaq stocks today, that is the only reason we were not down over three hundred points. They moved in at 10pm w qe money and were all over the futures bottom around that time. These are not net buyers of stocks, they are only futures and options from the bank's trading desks. The shares are mostly reg t violations also, because the sellers have no intention of delivery on time. As a result, almost all of them are erronious and don't exist except on paper. This is why at the end of the day all year in '14, you have constant rebalancing and 'resets' with etf's like spy.