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Wilmott is a legend

could be.

The market has been a disaster since april.

price momentum is crazy and there is no downticks in anything. amazing. its almost like the nasdaq in 2000 off the bottom

Yep. and its probably why the markets are even more risky now than in the fall

The boomers refused to sacrifice and ever take losses. not all of them, but a lot. some of it can be blamed on the idiot economics profession who dont have a clue about anything. At some point the markets are going to realize we cant just conjure huge growth everytime we need a bailout...

The market is already trading like a bubble. There absolutely zero definable leadership. Its sort of throw money at any pos of shit and call it a day.

Its not 1995, holidays dont mean anything anymore

Volume left in april

100 percent agreed.

The chances of the government blowing up the economy is massive.

The governments around the world and the central banks are 100 PERCENT TOTALLY OUT OF CONTROL. The entire global economy is like the matrix. Hard to tell if its real or not because all the interventions, lies, bailouts, etc. If anything the world is in probably even riskier territory.

i totally agree

Gun to the head. The markets are going to do eactly what the SSEC or Chinese stock market did in august sometime very soon.

its amazing how desperate we are to save this system. one way or another we are going to have a mega collapse and reorganize the entire countries economic structure and deal with all this debt.

no doubt a rising wedge has formed. I think vol is getting so low that it if we move higher it will be like watching paint dry. Over the last couple of weeks we have a had drops but no one paniced, but its taking several days to make up the ground after the drop. probably a warning sign.

No one has any idea whats going on. My guess is the whole country is on the verge of total collapse. Just watch bonds and the currency.

anything to keep the lies flowing

its amazing how many idiots in that fortune article still think if lehman brothers didnt collapse everyone would be fine. No one seems to understand that our economy doesnt have an unlimited debt capacity. The world is probably more dangerous than it was months ago.

The most bearish argument Ive been able to come up with is the rate of increase in such a short period of time and the steepness of the angle of ascent. The sp 500 is basically going parabolic off the bottom in a gigantic ascending wedge. If you are bullish do you really want to see this...