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The abyss we faced in 2008 was so terrifying to our leaders that they pulled all stops out to avoid it. The abyss common folk (myself included) have faced since is a more dull, gnawing discomfort. The sense of gloom in society has been pervasive, with the long term unemployed more visible...

And I, of course, was one of the shmucks who went to a school on the left side of the graph.

If you think for sure "this thing is gonna GO (parabolic/hyperbolic)" and you go long, and it immediately crashes $4-5. Been there, done that. That feeling is one of my own best negative indicators.

+1

Hallmarks of an economy driven on money pump is investment in non-economic assets because of a fear of devaluation of cash. Better to lose some than lose all is the thinking. Think we are there yet? Moving out of bonds and cash into equities might be a sign, but its hardly widespread. And...

I so 'get' that. But it has taken me a long time to understand it.

This is an interesting thread. I'll keep up with this one. Good luck to you!

The only existential question left is where to sell! Silver over $40 really gets into apocalyptic territory, doesn't it? I mean, you want to sell to take profits, but then what do you put it into? Interesting that the silver miners aren't really participating more at current levels...

Wow. Back after a while and I read a gem like that Mav. Nice post.

Yes, we are in new territory. I think the jury is out on whether the bernank's magic actually has worked. To have the US economy return with the throes of some type of new technology/killer app/ have to have product would paint most of us doom-mongers as ridiculous. The biggest surprise...

One important point that is missing from this equation is the spurious increase in productivity that has occured by making people work longer/harder/faster. In a world of joblessness, this really doesn't make sense. For the one individual working an 80 hour week killing themselves and...

A gazillion years ago I used supercharts and upgraded to the last Tradestation platform they issued (2000i) before they shut it down and required you to migrate to their brokerage to use tradestation (or purchase it on subscription). I took a hiatus from trading for a few years (business...

The indicator or system that can reliably switch between the two is my 'holy grail'. I'll let you know when I find it. Get back to you in 20 years or so. And that's not even including sentiment and fundamental following markets. Oh, I really long for the days when a 23 day moving...

We could easily retrace to 1.27ish on the Euro this move... I do like getting shorter the USD but merely at better levels. No real rush on this thing.

1. Yes, but if you can't collect on your recievables, you view them as worth $0 but your debt still intact (or -$100). 2. Why don't they just 'net out'? It only takes one person to say, "No" and collapse the process. 3. The example works well in a closed system - but its more likely to...

Actually, one of those articles (the one on bloomberg) alluded to changes to (life?) insurance becoming taxable. All I could see was changes to the anti-terrorism insurance but THAT would be a big deal. Did anyone catch anything on that?

He'll do it because populism is the only way to save his presidency. Hatred of the shennanigans performed by the banking elite under the auspices of 'saving the banking system' has spilled out into mom & pop america and republican and democrat alike will support whomever promotes the lynch mob...

I think if you are looking for televised versions of a fantastic world where magical thinking and improbable coincidences exist in vast quantities, either is an acceptable choice.

Lady Gaga = KISS Conventional pop music with outlandish fashion. She's borrowed from madonna to launch her career. Hasn't been done successfully in 20 years so she is just the one who was lucky enough to have a convergence at the right time. Good for her. Myself, I find her music...

Personal experience? :eek: Full disclosure : Have lost small on structural short long bond position earlier last decade.