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Right I think my bearishness has been resolved now. Party is back on.

Ty, very interesting.

Only because the fundamentals of the Euro are not that constructive for major declines.

Thank god.

For what it's worth I'm getting a little bearish. Nothing too much yet but I would be urging some caution around here. Edit: Not in the least because oil is going right back up. But I think the dip in oil is going to show up in the numbers before renewed nastiness. I really don't get this oil...

Maybe I'm seeing things, but I find it funny how news that people can create at an arbitrary time often comes out exactly as a breakout is about to occur. For example today with the downgrade, it was exactly at the previous intraday high from last friday. Also when in Europe it was about...

See that's my point exactly. Who cares whether we are in a recession, depression or whatever. I'm not going to read what Benanke or Greenspan has to say about it as long as Bernanke keeps soothing my nerves with everything he's saying at this time. It's going to be pretty awesome regardless...

You clearly weren't raised properly and I know nothing. Frankly, I think we have nothing in common.

a) You seem to claim that you know what a depression is and what causes it. However even among the most high-ranked scholars and other people who study these thigns for a living there is a high amount of disagreement on this very subject. For that reason, I don't find your story credible. b) A...

I see you are spreading the joy too.

Well, they're doing what I want them to do now aren't they? Just kind of "make it up as they go along and keep the train running". Why couldn't it sustain indefinitely? Do you have any research to back this up? I don't think there's a point in speculating on sustainability of this. All I know...

SPX for the index, SPY for the ETF and ES for the e-mini futures. If you're not getting it with those symbols you are doing it wrong.

I know what debt is. I was merely making a simplistic point that while there may be something wrong with our financial system/markets, there is absolutely nothing wrong with our ability as a species to provide very well (better than ever before as I said) for ourselves. The point I was...

All this bullshit about debt and everything is also starting to piss me off. Debt is a construct that is pretty much imaginary. So is fiat money. Debt and money works for the economy, not the other way around. It's like the law; if it doesn't work anymore you fix it. Somehow people see it as...

Zeitgeist. People actually *want* a depression now? For fuck's sake, I wish I was born in 1960 so I would've been in my thirties in the 90's. Or in 1880. Stupid time to live in, this is. Everything is awesome and nobody is happy. Well, I am, but nobody to share the joy with. Even...

I don't really see the issue here.

Right. London doesn't matter eh? So clueless...

Oh no, the bull is much stronger now. Funny how today in Europe there was no volume and a lot of things immediately drifted downward. Very slowly of course, and support was found late in the day. Not much institutional aggressiveness today, I suspect. Small fries wanna go down, we'll see if...

tl;dr I never said the left was smart(er), I said some people were dumb and they happened to be right-wing politicians. Ron Paul is an example of an intelligent (albeit not always right) right-wing politician. There are a few others but whatever.