BEARS=Back to your spider holes. new highs
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I do believe 20 years from now when the DOW is sitting at 10,000 that we will have the answer as to how this bullsh*T ever happened. I’m sure it will involve the govt. and their massive amount of cash. ( oops, I mean my tax dollars ) People on boards lilke this will say “there was no way anyone knew” " It is not my fault client" " I can’t believe this either" “they really tricked us” “that Obama was a scumbag” “PE’s were historically cheap”
Client--" why didn't this idiot read an unemployment report for two years?" " Didn't he see there was not enough buying to facilitate that move?" " didn't he even go outside for those 2 years?" " couldn't he see that the WORLD was falling apart?" " Didn't he realize that everything was STILL bad, including the stock market that was still down 25%" " What rally was he talking about?" " I made no money in a DECADE, couldn't he see the market wsn't healthy" " These guys are a scam and only right if the market somehow goes up" "F*ck them, they made money the entire time"Sorry, man. Looks like Shoeshine is getting a little chippy about all the morons and sheep who disagree with him. I happen to disagree that it is easy to be a bull...there is plenty of sentiment that suggest otherwise. There have been other bears that have been here before preaching doom and gloom...fastcar somes to mind, if you want to search the archives. For the most part, they get frustrated and eventually leave. I don't recall if any ever come back trumpeting they were right or admitting they were wrong other than our shoeshine boy who has clearly never been wrong. I appreciate you hanging around and taking some occasional abuse while sticking to your guns. A little balance in the view is a good thing, even if the message is unappealing.[quote=Indyone]One freaking bear…where are all the bears from a week ago?[/quote]
As far as I know, there are 3 bears on this board. Mel and his many aliases, Shoeshine and me. Clearly, I’m in great company.
[quote=howboutshoeshine]Indyone-This site is a complete waste of time! It is filed with morons. 471,000 more jobs lost this week. How long can a bullsh*t rally like this last? Why is everyone on this board against gold? Because you are sheep.
I said go short in mid-January. I am correct. [/quote] Who did you tell this to in mid-January? Your username was born on Jan 29th.[quote=howboutshoeshine]Indyone-This site is a complete waste of time! It is filed with morons. 471,000 more jobs lost this week. How long can a bullsh*t rally like this last? Why is everyone on this board against gold? Because you are sheep.
I said go short in mid-January. I am correct. I said to buy the US dollar last fall- correct agin I said short gold last fall- correct again Yet, I am the one with credibility doubts????????????? Hard to be a bull It is never HARD to be a bull!!!!!!!!!!!!!!! 75% of the time it is correct!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Any idiot can be a bull. As Ben Affleck put it so perfectly once................................ " F*CK it I'm done" BA MORONS [/quote] Did you guys never learn the difference between leading and lagging indicators? I tend to tune it out, my clients are long term, but if you are looking at the small cycle...... "Come on Man!?"Sorry, man. Looks like Shoeshine is getting a little chippy about all the morons and sheep who disagree with him. I happen to disagree that it is easy to be a bull...there is plenty of sentiment that suggest otherwise. There have been other bears that have been here before preaching doom and gloom...fastcar somes to mind, if you want to search the archives. For the most part, they get frustrated and eventually leave. I don't recall if any ever come back trumpeting they were right or admitting they were wrong other than our shoeshine boy who has clearly never been wrong. I appreciate you hanging around and taking some occasional abuse while sticking to your guns. A little balance in the view is a good thing, even if the message is unappealing.[/quote][quote=NYCTrader] [quote=Indyone]One freaking bear…where are all the bears from a week ago?[/quote]
As far as I know, there are 3 bears on this board. Mel and his many aliases, Shoeshine and me. Clearly, I’m in great company.
Hey, thanks man. Yeah, I'm going to stick around. I'm not really interested in picking fights with people. I do like a healthy debate, though. I'm not a perma-bear. I will likely turn bullish on equities again if/when one of two things happen:
1. S&P falls below 900.
2. The jobs picture gets significantly better and consumer spending picks up.
I am looking to go long individual names as they hit my price target. I don't see the point in putting money to work in equities unless you are getting a good value.
You guys need to be careful.
“howboutshoeshine” is not “howaboutshoeshine”.
The “a” is missing from the new guy. The “howaboutshoeshine” guy is intelligent, bearish, and yes, caustic.
howboutshoeshine is something else. I’m not sure if it is someone making fun of shoe, or if it is someone who has the same ideas as shoe. Or maybe he is shoe in disguise.
[quote=Moraen] You guys need to be careful.“howboutshoeshine” is not “howaboutshoeshine”.The “a” is missing from the new guy. The “howaboutshoeshine” guy is intelligent, bearish, and yes, caustic.howboutshoeshine is something else. I’m not sure if it is someone making fun of shoe, or if it is someone who has the same ideas as shoe. Or maybe he is shoe in disguise.
[/quote]
oh man
Im stupid
i thought it was mel
it,these are not mel?
NYC
You’re looking out back window brother.
when you get what you want.
(jobs, consumer blah blah) stocks will be overbought and much higher.
I miss the old mel. acats-a-fukcing-raining mel.
The kinder gentler mel lite is a pussy.
Mel, you’re the RR police’s little bithc
By the time jobs picture gets significantly better, the Dow will be at 3,000,000 (or at least significantly higher than it is now)
[quote=Shania Twain]NYC
You’re looking out back window brother.
when you get what you want.
(jobs, consumer blah blah) stocks will be overbought and much higher.
[/quote]
Sorry Shania, can’t do it. Can’t run with the bulls this time. There will be other times and I will sure to be leading the charge. But right now, I’m with the bears.
Asia is getting crushed right now. Hang Seng down 2.5%. USD is beating the piss out of the Euro. Down to 1.3485. That, my friend, is the trade. Bullish USD v EUR. All the hedgies are running that trade right now and there is stil plenty of room to run. I am riding the Euro down to 1.25. Might go to 1.20, but I don’t want to get too greedy.
Bulls will be under pressure tomorrow. Banks may get beaten down badly. Could be some value out there if you know where to look. I got my sights set on going long one bank name and I might get my target tomorrow.
blah blah blah.
dow futures down a hundy. BIG DEAL
BUY THE MF OPENING PRINT.
LOW OF THE DAY
Ben is the Zen Master.
Master of the universe.
You bears jerking off over the stim exit plan.
The ben-ster is 3 steps ahead of everyone.
The ben-meistro
The benle lama
I love this guy.
dude gets markets.
STONES OF STEEL
he gonna fukc u bears right up the bung hole and you wont know what happened
they probably out of MBS already. before you bears get a chance to whine
[quote=Shania Twain]blah blah blah.
dow futures down a hundy. BIG DEAL
BUY THE MF OPENING PRINT.
LOW OF THE DAY
Ben is the Zen Master.
Master of the universe.
You bears jerking off over the stim exit plan.
The ben-ster is 3 steps ahead of everyone.
The ben-meistro
The benle lama
I love this guy.
dude gets markets.
STONES OF STEEL
he gonna fukc u bears right up the bung hole and you wont know what happened
they probably out of MBS already. before you bears get a chance to whine
[/quote]
Ben and the US Gov need investors to start buying treasuries ASAP. The amount of treasuries going online this year is insane. Failed auction is NOT an option.
[quote=NYCTrader]
Ben and the US Gov need investors to start buying treasuries ASAP. The amount of treasuries going online this year is insane. Failed auction is NOT an option.
[/quote]
blah blah blah
key?
inflation
is none
LABOR MARKET
USE YOUR HEAD
BILLIONS OF NEW PEOPLE WILLING TO WORK FOR NOTHING
WITHOUT INFLATION…GOVIES DEMAND FINE
plus china needs us for many,many more years
use your head…you think China is stupid?
them backing off govies would be totally retarded.
just another shadow you bears jerking off over
duh
Listen to Obama nation
you hear gov of NJ?
somehow…these asshloe GET IT.
a miracle
brown win
tea party
Spending a priority
Listen to new gov of NJ.
A tear almost came to my eye
MY biggest concern was congress and all this spending…that it would get so bad that it was too late
somehow…they seem to get it
pelosi and reid gonna get run out of town
Im proud of the old USA. we aint France brother.
[quote=Shania Twain] [quote=NYCTrader]
Ben and the US Gov need investors to start buying treasuries ASAP. The amount of treasuries going online this year is insane. Failed auction is NOT an option.
[/quote]
blah blah blah
key?
inflation
is none
LABOR MARKET
USE YOUR HEAD
BILLIONS OF NEW PEOPLE WILLING TO WORK FOR NOTHING
WITHOUT INFLATION…GOVIES DEMAND FINE
plus china needs us for many,many more years
use your head…you think China is stupid?
them backing off govies would be totally retarded.
just another shadow you bears jerking off over
duh
[/quote]
Do your homework, Shania. China is already dumping treasuries:
Japan eclipses China as top US Treasury holder
(AFP)
– February 16, 2010
WASHINGTON — China's holdings of US Treasury bonds tumbled in December, allowing Japan to take over as the top holder of American government debt, according to Treasury data released Tuesday.
China's bond holdings dropped substantially to 755.4 billion dollars in the last month of December from 789.6 billion in November, said the Treasury's international capital data report.
Japan's holdings increased to 768.8 billion dollars in December from 757.3 billion dollars in November, according to the data.
China had grabbed the top position from Japan in September 2008 and gradually increased its US bond holdings in relation to Tokyo until December last year, Treasury figures showed.
Beijing had expressed fears late last year about the safety of its dollar-linked assets in view of Washington's burgeoning budget deficit and the declining greenback at that time as the American economy struggled to emerge from a brutal recession.
US Treasury Secretary Timothy Geithner traveled to Beijing in June to reassure Chinese leaders, saying their money is "very safe" despite the US budget deficit, which he pledged to cut.
But Chinese state media expressed opposition to Beijing's policy of buying massive amounts of US debt, saying the value of China's assets could be battered as a result of the global financial crisis.
US-China relations have deteriorated in recent months with problems seen on multiple fronts.
In the latest dispute, President Barack Obama's administration rebuffed Beijing's demand to cancel his meeting this week with the Dalai Lama.
The deepening public spat over Tibet, a row over US arms sales to Taiwan, China's dispute with Google and trade and currency disagreements, come at a key diplomatic moment, as Obama seeks Chinese help to toughen sanctions on Iran.
Britain was the third biggest holder of US Treasury bonds, worth 302.5 billion dollars in December, rising from 277.6 billion in November.
Ben Bernanke will prove to be the biggest jack*ss in history when this is over.
He and "Mr. Change" will not be able to show their faces in public.Big picture- Shania ( Diarrhea) has been wrong for a DECADE
Intermediate term-Diarrea has been WRONG for 6 months Short Term- Diarrea has been WRONG this yearI can’t wait to go to Europe this summer. It’s been forever since the dollar has been worth enough for a European vacation.
Wait until the fall and it will be even betterI can’t wait to go to Europe this summer. It’s been forever since the dollar has been worth enough for a European vacation.
[quote=NYCTrader]
Do your homework, Shania. China is already dumping treasuries: right. 2 mf 20 on a 5 year. 4.60 30 year a bloodbath funny
Daily Treasury Yield Curve Rates
Get e-mail updates when this information changes.
Historical Data This data is also available in XML format by clicking on the XML iconFebruary 2010
Date 1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr 02/01/10 0.05 0.10 0.17 0.33 0.86 1.41 2.38 3.12 3.68 4.43 4.56 02/02/10 0.04 0.10 0.17 0.33 0.86 1.41 2.37 3.11 3.67 4.42 4.55 02/03/10 0.05 0.10 0.17 0.35 0.88 1.44 2.40 3.16 3.73 4.49 4.62 02/04/10 0.04 0.09 0.16 0.32 0.80 1.34 2.29 3.06 3.62 4.39 4.53 02/05/10 0.03 0.10 0.17 0.31 0.77 1.28 2.23 3.00 3.59 4.36 4.51 02/08/10 0.04 0.12 0.17 0.32 0.79 1.30 2.26 3.03 3.62 4.38 4.52 02/09/10 0.05 0.12 0.18 0.34 0.84 1.37 2.32 3.08 3.67 4.44 4.58 02/10/10 0.06 0.11 0.19 0.38 0.91 1.44 2.39 3.14 3.72 4.51 4.65 02/11/10 0.05 0.11 0.18 0.38 0.91 1.43 2.39 3.15 3.73 4.54 4.69
you're chasing ghosts brother
[quote=Shania Twain][quote=NYCTrader]
Do your homework, Shania. China is already dumping treasuries: right. 2 mf 20 on a 5 year. 4.60 30 year a bloodbath funny[/quote]
Shania, it's all about supply and demand. Think big picture. US is auctioning a record number of treasuries in 2010. China was the largest buyer. They are now reducing their exposure and playing political hardball. Of course the US is not going to China push us around. "f*** you China, we're meeting with the Dalai Lama." But now who is going to buy all our paper? Japan? UK?
Why do you think Obama and the dems are now all of a sudden talking up debt reduction? Think it's a coincidence that it happens at the same time China is balking at buying our paper?