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I will shit my pants if the Dow does not eventually test 7500; that's how strongly I feel about it. I rarely feel that strongly about something. And I might be a buyer at 7500 (though not an unpatriotic short seller now).

If you call "bottom" every other day in a bear market, you're eventually going to be right, you f---ing moron.

Massive debt is a big problem.

Except for people who picked the "aggressive growth" option - they're probably doing ok, right? Because they're like, more aggressive or something?

That's a buy signal, isn't it?

That's a good point; these robots will not be born all of a sudden writing shakespeare or thinking deeply abstract thoughts - not at first, at least. That will probably take a while longer to perfect. And <i>someone</i> will be needed to program and perfect the designs of these robots (until...

It's kind of the same thing (as AI). We have robots now, but they're not such a huge threat to employment because they're not intelligent enough. Couple them with better AI, and then things are as you just said. Robots are just AI, given a mechanical body. It's not the body of the robot that's...

AI

These times have brought out a lot of prognosticators, and it's not hard to find people prognosticating in either direction. I'ts no coincidence that after a big down day, you hear a lot of very pessimistic predictions, and after a big up day you hear more of the other side. I suspect that...

Cramer is often (usually, always, I won't argue) full of shit, I'm sure - I don't watch him really to know for sure how accurate his calls are, but from what I hear. Anyway... So now that the market is <i>starting</i> to rally, now it's a foregone conclusion that we won't be making any lower...

If you're bullish 100% of the time, eventually you're going to get an "I told you so" opportunity, and that's going to be annoying.

Yeah, the impression I get from him is that he's gotten over the fact that he's rich as all hell, and he's more into being known as someone who did something good for society. He's into philosophy, and has said that he would like to be remembered as a philosopher. Generally, I think he might be...

You may be right, and normally I'd agree with you fully, but there's a possibility that Soros has some integrity. I'm just judging from some stuff he's written in his books. Maybe it's just bullshit, but it didn't sound like it.

No, I don't know of that guy... I work just south of wall street actually, in 1 NYP.

Are you sure?

Here's what my signals are telling me: We'll have an interim bottom in the Dow at 7500. It will go flat for 2-3 weeks, after which it will fall off a cliff and drop straight down to 3000 in under a week. It will rebound sharply off of this low, and start an uptrend that will reach the...

I'm sure no one has "learned their lesson" here, at the Fed.

The general feeling is that there was no real widespread opposition to the Vietnam war until the draft was implemented. After that, college kids of prime drafting age became big protesters against the war. But, I was not around back then, I don't know first-hand.

Has it come down to hat-eating already? Major bottom indicator there.

Exactly, it's going right back where it came from..