Ben Bernanke Gives All Clear To Go Short

[makloda]

Quote from ByLoSellHi:
Short every rally.

I'm with you, shorting every uptick and every gap up relentlessly. No stops needed. There will never ever be any counter rallies or short covering frenzies so I just add to losing positions. No risk whatsoever because - as you outlined - there is NO WAY WHATSOEVER (not even a slight chance) that stocks can rise from here.

 

[ByLoSellHi]

Quote from makloda:

I'm with you, shorting every uptick and every gap up relentlessly. No stops needed. There will never ever be any counter rallies or short covering frenzies so I just add to losing positions. No risk whatsoever because - as you outlined - there is NO WAY WHATSOEVER (not even a slight chance) that stocks can rise from here.

Take a look at the philly fed data released today.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a_UaKt9uRWUE&refer=home

It came in at -24. Go ahead and make that brave call that either 1) we're not in a recession now, or 2) in the remote case we're not in a recession now, we'll avoid one.

Are you looking for positive equity returns over the next three to six month period?

 

[ssblack]

Quote from Bootsie:

Savings ?

How are American's supposed to do that with a -2% savings rate?

Cash advances on their credit cards.

 

[musclemoney]

Quote from ByLoSellHi:

Short every rally. Banks are not loaning money; credit markets have seized up; inflation is roaring; net job losses are going to get much larger; even the government will have to cut back spending soon; if you only knew (some of you do) how reluctant banks are to make new loans, it would shock you.

Men, see the forest through the trees. There's a giant shit sandwich being prepared, and everyone's going to have to take a bite.

Take your chips off the table, trade accordingly, and hope you only have to take a small bite.

I agree.

In my area, the 22oz bottles of Budweiser went from $1.19 each to $1.59 THIS week. The 22oz bottles of Miller Genuine draft all the way up to $1.79:eek: If the Fed thinks inflation is "anchored," I have news for him! I really hope we don't repeat the 1970's...

Of course, my consumption of the above mentioned beverages may have lead to a shortage, therefore leading to a price increase recently.