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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    You are making perfect sense. Don't let the fraudulent 'green shoots' crowd ever talk you out of the simplest, most rational and direct route (not that you would). And those green jobs? They're a lot more hype than substance, in both numbers and permanence. It's all about jobs. Without...
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    San Jose Police Source Warns TTAC That Crime Is Skyrocketing; Take Precautions

    http://www.thetruthaboutcars.com/thieves-know-the-way-to-san-jose-it-sucks-out-there/ Thieves Know the Way to San Jose: It Sucks Out There By Robert Farago June 17, 2009 We just received this e-mail from a TTAC commentator’s friend in the SJPD. Just finished working 6...
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    Do you support H.R. 1207: Federal Reserve Transparency Act of 2009?

    Absolutely. Ron Paul is one of the few good guys we have in government. I hope more Americans wake up from their slumber and start paying attention to him.
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    'Confidence' Jig Is Up: In Poll, Obama Is Seen as Ineffective on the Economy

    It's coincidental that they just published this article after taking this poll as I was commenting recently that if the confidence goes away, so does the prospect of an economic recovery, IMO. Economic stability inherently depends on confidence. In Poll, Obama Is Seen as Ineffective on...
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    Absolutely. I don't know if that was rhetorical or not. Anyways, regarding the underlying economy, and indirectly, Neely's take on at least future market direction, I believe this is as telling as anything: Companies Signal High Anxiety With Share Sales to Retire Debts June 17...
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    Just a basic point. The amount of money the government has infused into markets is a proverbial drop in the bucket compared to private dollars. The fed targeted specific sectors such as financials during the market meltdown last fall, and has been propping that sector up since. The...
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    why this board isn't healthy if you trade for a living

    I tried backtesting when I did trade, and the future turned out differently.
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    China To Take Measures To Promote Consumption

    20 million formerly employed Chinese have lost their jobs as of February. That's just the beginning. A hundred thousand factories or more have shut down. The government in China is trying to hide the pain the Chinese Economy is undergoing. It will be hard to stimulate spending when...
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    I remember 1981, though I was very young, and 1991. Those were nothing compared to this one. Those were cyclical. Factories were idled, not moved overseas permanently. This one is structural and is going to turn into a full on depression.
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    • "Chinese Economy's Fall Will Be As Shocking As The Chinese Bull Case Bubble"

    http://www.cnn.com/2009/WORLD/asiapcf/02/20/china.economy.family/index.html http://articles.latimes.com/2008/nov/03/business/fi-factory3 http://www.treehugger.com/files/2008/11/100000-chinese-factories-closing.php...
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    Ah, you are correct. I was referring to the Rainbow Room, owned by the Ciprianis. http://www.efluxmedia.com/news_Rainbow_Room_to_Close_Restaurant_32527.html
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    Not to sound sarcastic, surf and clubber, but you guys must be really, really insulated from the downturn. If so, good on you. When I read that Annie Leibovitz was pawning her best work for a glorified payday loan, and Harry Macklowe gave back the GM Building and a whole portfolio of other...
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    I hear anecdotal reports from a few on here about how nothing has changed in New York, and then I read article after article like this: http://www.nytimes.com/2009/04/04/business/04restaurant.html?_r=1&scp=3&sq=restaurants&st=cse...
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    I know that you and I are a of very disparate opinions about the underlying health of the global economy, and though we respectfully disagree, I honestly hope that I am completely wrong but doubt that I am. I see a conspiracy of a confidence game played by major governments on the governed...
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    • "Chinese Economy's Fall Will Be As Shocking As The Chinese Bull Case Bubble"

    ‘Bubble of Belief’ in China Economy Seen Bursting: Chart of Day Share | Email | Print | A A A http://www.bloomberg.com/apps/news?pid=20601109&sid=aN5ok_FbkeQw By David Wilson June 17 (Bloomberg) -- Rallies in commodity prices and mining-company shares stem from a “bubble of...
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    I'm noticing a clear divergence with some being uber bullish, and some being uber bearish, and fewer people than typical in between. This is the first time I've noticed a pattern like this. Typically, people would be clustered along a bell curve, so to speak. As to the underlying economy...
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    Neely, Prominent Elliot Wave Analyst, Says Equity Market To Drop 50% In Next 6 Months

    http://www.prweb.com/releases/2009/06/prweb2537224.htm NEoWave Warns Stock Market Has Peaked for 2009 NEoWave Institute's Glenn Neely is forecasting the largest vertical drop of the decade for the S&P 500. Neely predicts the stock market will decline 50% in the next 6 months. Aliso...
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    Huge Red Flag: •Companies Signal High Anxiety With Record Share Sales Used to Retire

    Things like this don't happen without good reason, and these companies are looking at their order books and panicking. http://www.bloomberg.com/apps/news?pid=20601109&sid=akugWPwhe9DQ
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    So should we give Obama a nobel prize for predicting a 10% unemployment?!

    Bush was an idiot. He did more damage than any predecessor. Quit defending the indefensible. Even Obama's massive bailout program, which I'm hugely critical of, is a carryover of Dubyanomics.
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    Daily Hottie

    Shakira's hips don't lie. I don't care what anyone says, and I think most agree, anyways. Absolutely stunningly smoking hot.
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