take a look @1999 adn 2001
#1
Posted 17 April 2014 - 09:41 AM
#2
Posted 17 April 2014 - 10:07 AM
jet lagged
just returned from a trip to rome and florence.
so, taking it pretty easy. it seems the guys @kwn keep everyone on parabola now alert. markets take time to build confidence. i think this bottom will be faster than the one 99-01 but, very similar. the chorus from gs, ubs, jpm for 1050 now, is a fade. watch what they do , forget about what they say. clients. are bait. here and now the 1-2-3-6 montgofo are all in backwardation= supply is tight. last time this situation occurred was before the august rally.
sentiment figures are not indicative of a 200 decline. and there are many other variables which dont support the view , crash now.
even when the election in india is over there are many things that need to get sorted out. such as the 80-20 rule. it will take some time. modi getting elected is a big start in the right direction. its all a process. 200 rallies and 100 declines are the order of the day. keep your perspective and forget about the parabola for now, it is a few years away.
right now the theme is get the rich. its world wide. it sucks. capitalism depends on folks w/great ideas, and putting that into play. jobs, gates, ellison, etc .
dharma
good to see you back amigo, I wrote below that I am in slow accumulation mode as I was in early December, feels like that type of grinding bottom to me, bueno secondary low developing in my view at the area of the .618 retracements. as always DYODD and this in simply an old hombres opinion and best guess
BSing away
Senor
#3
Posted 17 April 2014 - 10:46 AM
thanks, and that is all we ever do. the feds balance sheet keeps expanding. @some point something will give way. in the past the fed expanding its balance sheet =higher gold prices. risk management and money management are keys to getting through this period.jet lagged
just returned from a trip to rome and florence.
so, taking it pretty easy. it seems the guys @kwn keep everyone on parabola now alert. markets take time to build confidence. i think this bottom will be faster than the one 99-01 but, very similar. the chorus from gs, ubs, jpm for 1050 now, is a fade. watch what they do , forget about what they say. clients. are bait. here and now the 1-2-3-6 montgofo are all in backwardation= supply is tight. last time this situation occurred was before the august rally.
sentiment figures are not indicative of a 200 decline. and there are many other variables which dont support the view , crash now.
even when the election in india is over there are many things that need to get sorted out. such as the 80-20 rule. it will take some time. modi getting elected is a big start in the right direction. its all a process. 200 rallies and 100 declines are the order of the day. keep your perspective and forget about the parabola for now, it is a few years away.
right now the theme is get the rich. its world wide. it sucks. capitalism depends on folks w/great ideas, and putting that into play. jobs, gates, ellison, etc .
dharma
good to see you back amigo, I wrote below that I am in slow accumulation mode as I was in early December, feels like that type of grinding bottom to me, bueno secondary low developing in my view at the area of the .618 retracements. as always DYODD and this in simply an old hombres opinion and best guess
BSing away
Senor
dharma
#4
Posted 17 April 2014 - 11:23 AM
#5
Posted 17 April 2014 - 01:26 PM
thanks, and that is all we ever do. the feds balance sheet keeps expanding. @some point something will give way. in the past the fed expanding its balance sheet =higher gold prices. risk management and money management are keys to getting through this period.jet lagged
just returned from a trip to rome and florence.
so, taking it pretty easy. it seems the guys @kwn keep everyone on parabola now alert. markets take time to build confidence. i think this bottom will be faster than the one 99-01 but, very similar. the chorus from gs, ubs, jpm for 1050 now, is a fade. watch what they do , forget about what they say. clients. are bait. here and now the 1-2-3-6 montgofo are all in backwardation= supply is tight. last time this situation occurred was before the august rally.
sentiment figures are not indicative of a 200 decline. and there are many other variables which dont support the view , crash now.
even when the election in india is over there are many things that need to get sorted out. such as the 80-20 rule. it will take some time. modi getting elected is a big start in the right direction. its all a process. 200 rallies and 100 declines are the order of the day. keep your perspective and forget about the parabola for now, it is a few years away.
right now the theme is get the rich. its world wide. it sucks. capitalism depends on folks w/great ideas, and putting that into play. jobs, gates, ellison, etc .
dharma
good to see you back amigo, I wrote below that I am in slow accumulation mode as I was in early December, feels like that type of grinding bottom to me, bueno secondary low developing in my view at the area of the .618 retracements. as always DYODD and this in simply an old hombres opinion and best guess
BSing away
Senor
dharma
Santelli had a great factoid this morning on CNBS: In the last 25 years both the S&P and the national debt are up exactly the same amount - 516% Wow.
#6
Posted 18 April 2014 - 11:20 AM
#7
Posted 20 April 2014 - 10:14 AM
Edited by dharma, 20 April 2014 - 10:19 AM.
#8
Posted 21 April 2014 - 11:05 AM
#9
Posted 21 April 2014 - 11:12 AM
#10
Posted 21 April 2014 - 11:17 AM