Financial topics

[aedens]

http://www.doomsteaddiner.org/blog/2013 ... overnment/

All we are seeing is what the actual date is when the Hubris desease black hole finally implodes.

[John]

I agree about the hubris part. I've heard nothing but gloating on tv
today. Jeremy Siegel, who is a total moron, was saying that now the
market will only go up and up and up.

That reminds me of a joke that I heard as a kid in the 1950s, when
they still remembered 1929:

Investor to stock broker: Why did the stock market crash in 1929?

Stock broker: Because people then believed that the stock market would
keep going up forever.

Investor: Oh really? What do they believe today?

That's the end of the joke. It was funny in the 1950s, but I believe
that if you told it to most people today, you'd just get a blank
stare.

Here's a caution for those who are short: One possible scenario we're
facing is the parabolic spurt that precedes a crash. Enough said.

[Higgenbotham]

Here's a caution for those who are short: One possible scenario we're
facing is the parabolic spurt that precedes a crash. Enough said.

I think the battle being fought behind closed doors is whether to continue increasing the QE exponentially. That seems to be what the raucous food fight conveyed in the last Fed meeting minutes was really about. I personally believe that Bernanke wants to bump the QE from $85 billion to $150-200 billion per month as soon as possible. And I think that's scaring the living daylights out of a lot of people who don't want to let that happen and don't want to be responsible for dealing with the consequences of that come 2014 or later. But if the QE does get doubled shortly, I think a continuous doubling has to be assumed and that will lead to the parabolic blowoff. There was a doubling between September and December from $40 to $85 billion so it's not fantasy to assume Bernanke is pushing for this to get through his term (which expires in 2014) so he can make sure the crash doesn't occur on his watch.

[Higgenbotham]

http://www.doomsteaddiner.org/blog/2013 ... overnment/

Found his blog - I had heard about this guy. Very interesting. I've noticed the squeeze in the triangle with respect to gasoline prices. My analysis is slightly different though because from a charting perspective the triangle is already broken.

http://www.economic-undertow.com/2013/0 ... is-time-3/

This chart was drawn before the most recent high in the S&P 500. Also, gasoline prices have come down more since this chart was made.

Pardon the pun, but the S&P 500 is running on fumes.

GAS AND STOCKS 2.gif (17.87 KiB) Viewed 2812 times

[Higgenbotham]

Credit where credit is due. Today's high 1545.

Guesstimates on January 23, 2013

March S&P E-mini Futures: Today's day session range estimate is 1480-91. It seems likely that the ES will rally to 1546 during the next few weeks.

http://carlfutia.blogspot.com/2013/01/g ... -2013.html

[aedens]

I was under the impression 1560 neckline. I know back to maximum ruin.

[Higgenbotham]

This has been my view for several weeks as being possible but, given the deteriorating fundamentals, did not think it was probable. As it developed I traded enough out to save myself the pain between here and the February 18 high.

Carl has higher targets possible now with this being the bottom of his target range for the high.

I had several wave calculations to 1517 which match the apex of this triangle. I can dig them up if you want them but it probably doesn't matter.

It's a pretty and symmetrical picture for the mindless bots to follow.

EXPANDING TRIANGLE.gif (32.88 KiB) Viewed 2801 times

[aedens]

The wasting disconnect of hidden taxes and seen taxes of true effects is all we are waiting for now other than repressionary economics.

Wasting has many attributes here. Review on another http://www.planbeconomics.com/2011/01/3 ... ust-cycle/
Pick what time on the wheel we are at for now and a few other head winds we are facing. So far we are moving forward and we point blank
stated the supply chains are managed better over the last decade if you missed the information age. Government as any group needs to right sized.
Many have been through this process a few times. Not fun but we must adjust quicker since this is the edge as speak in making the margin.
Get over it.

Also it appears on another topic to may are trying to redefine pirates land sea and air. We kill them in the act so grow up.
I heard they made a mistake today taking one alive.

[aedens]

http://ecri-prod.s3.amazonaws.com/downl ... _Cycle.pdf

Benny and the Inkjets Business Cycle lets call it as it is as they poke sticks into the working poor
decimated from IT and IP targeting. We opine as the torture rate since even the Justice Department
are Employees.

U.S. Taxpayers are always somebody's fool.

[aedens]

http://dailycurrant.com/2013/03/06/paul ... ankruptcy/
However, Keynes did not advocate using debt financing to stimulate the economy.
Rather, he argued that government should save in the good times and spend in the bad.

As we know even the IMF's report notes the US needs to grow at 14% in perpetuity to "grow into" its balance sheet. T