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Post by Clinton SPX on Sept 23, 2010 5:08:09 GMT -5
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bjxxxx
Commodities Trader
Posts: 135
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Post by bjxxxx on Sept 23, 2010 8:59:42 GMT -5
The juice right now is the dollar diving on Bernanke's word that the Fed will continue to weaken it. That does support the market because it will make our corps (and other assets) cheap for foreign investors. Bullish, but it does not have a happy ending. . . . the bad ending part of US assets becoming more affordable to the rest of the world .... can anyone list some likely bad outcomes?  Continued loss of control over US assets to those with interests differing or opposed to US interests; debasing the currency and resulting loss of purchasing power; ultimately, inflation and currency crisis -- inability to finance US deficits. That said, however, I grant you that deflation maybe not much better. |
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Post by brosin on Sept 23, 2010 9:05:26 GMT -5
Eh, come on now... Love ya bros... Do you not see/feel the difference in this market? Odd, artificial, unnatural buying or positioning? Ever since May 6th, it's still not right... quite a bit of money lost faith in this market... This run... (cough)... it'll take much cheaper prices to bring that money in this latest move only serves a select group our market is fuqqued You guys could all end up right in the end. I obviously don't think so, but not like I've never been wrong. It doesn't feel any different to me, but that's just because everyone has talked about how 'this time is different' each and every time like clockwork. If it didn't feel different, the market wouldn't go down. It must be made to feel different by default. |
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Post by brosin on Sept 24, 2010 12:51:44 GMT -5
one more bump before it gets filed in the blog
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