Look like a healthy market?

HedgefundTrader2 · May 29, 2008

Quote from stock_trad3r:

Excessive valuations such as in early 2000 and double digit inflation as in the 70's. The CPI numbers aren't indicitive of a serious inflation problem. However, there doesn't seem to be anything compelling that can end the bull market which began on October 2002.

These per ma bears were hoping to screw the year 2008 in utter misery, but thanks heaven it didn't happen that way. No recession in sight yet. Stocks bouncing off 50 moving averages again and now I think we will take out the 200 day and establish a clear cut bullish trend for the balance of this year. The averages are oversold here , so lots of firepower till this move lasts.

HedgefundTrader2 · May 29, 2008

Quote from circadian:

I agree, the problems are too serious to be the regular old wall st. worry trades. The economy is in some serious trouble. Keep an eye on the financials and their "hocus pocus" balance sheets. If they can't keep up their balance sheet shuffle game, and we see just what type of skeletons they've got in their closets, Oh Boy! GS and LEH are reporting mid June, they're gonna set the tone for Q3 in the market.

It's like when you're on an elevator, full of people, and you have to fart. You try to let it out in small, silent doses, hoping that no one notices. Sounds good, but all you're doing is giving everyone a slow, steady stream of your funk. You might as well rip a good one, get it out, and be done with it. It will stink for 1/10th of the time, and you'll be feeling much better, much sooner. The only drawback will be how everyone talks crap on you for being such a shit bag. Cheers.

That was an awesome post describing your farting technique... quite a refinement on ET readership ..

HedgefundTrader2 · May 29, 2008

Quote from ByLoSellHi:

I love the bearish sentiment.

There's no place to put the trillions in cash that are just sitting in negative yielding reserve accounts aside from equity markets, and when commodities correct, which will be sooner rather than later, that will be the final boarding call.

Hope you get an early seat on the train, because it will fill up fast.

Open your eyes and look at the charts and price movement. Where do you see SPX is heading, it certainly is not going down.

flyingiguana · May 29, 2008

Quote from stock_trad3r:

Excessive valuations such as in early 2000 and double digit inflation as in the 70's. The CPI numbers aren't indicitive of a serious inflation problem. However, there doesn't seem to be anything compelling that can end the bull market which began on October 2002.

if inflation was calculated like in the 70s there would be an inflation problem. the perfect storm is brewing. negative real rate 70s environment and insane debt to gdp environment of the late 20s.

after elections the bear market should resume

HedgefunTrader2 · May 29, 2008

You bears are always looking to sink our ship with you delusions of recession. The market willnot go down! Its in your head, you bears have done too much damage to our charts with your attacks. Leave them alone now and let us longs make our chump change! :mad:

Aaron Copland · May 29, 2008

Quote from HedgefunTrader2:

You bears are always looking to sink our ship with you delusions of recession. The market willnot go down! Its in your head, you bears have done too much damage to our charts with your attacks. Leave them alone now and let us longs make our chump change!

If your young and have time on your side you should welcome a weak market. Don't you like to buy things on sale?

If your in your late 60s then I can understand how you want the bull to never stumble.

piezoe · May 29, 2008

Quote from HedgefundTrader2:

Open your eyes and look at the charts and price movement. Where do you see SPX is heading, it certainly is not going down.

So far, I see it trading in a very broad downward channel.

piezoe · May 29, 2008

Quote from flyingiguana:

if inflation was calculated like in the 70s there would be an inflation problem. the perfect storm is brewing. negative real rate 70s environment and insane debt to gdp environment of the late 20s.

after elections the bear market should resume

Indeed, that seems unavoidable. I don't see anyway around quite horrendous inflation. I suppose the market will be inflated upward but perhaps down in constant dollars?

S2007S · May 29, 2008

Quote from MrDODGE:

Think again!

- Mortgage rates rising, at 5.85% for a 30 year fixed
- Nonborrowed bank reserves now at -111,855,000,000 as of May 21st!!! http://www.federalreserve.gov/releases/H3/hist/h3hist4.txt
- BANKS ARE BROKE!! THEY ARE ILLIQUID, ONLY THING SAVING THEM IS THE FED.
- Home sales still on the decline
- Record supply of single family homes
- Banks still not lending to consumers
- Oil near all time highs
- Banks trading at all time lows
- Real rate of inflation near double digits (? probably)
- Gasoline above $4.00 a gallon for regular unleaded
- Diesel fuel up to $5.00 a gallon
- Consumer confidence at 12 year low
- Take out commodities backed companies and earnings are down 20%+
- Unemployment projected on the increase
- Dollar still near all time lows (Yippee we have gained .03 on the Euro.... lets have a party all our problems are fixed)

Oh yeah, this is already priced into the market. HAHAHAHAHAHAAHAHAHAHA

We are trading only ~5% off for the year!

What else do you have to read to see this is not a healthy environment?

Everything you listed is a complete positive for the market because as they say the markets look foward, they could care less about what is happening in the present time....

aside from that though, none of that is priced into the market, maybe one day though...

GTS · May 29, 2008

Quote from HedgefunTrader2:

You bears are always looking to sink our ship with you delusions of recession. The market willnot go down! Its in your head, you bears have done too much damage to our charts with your attacks. Leave them alone now and let us longs make our chump change!

I don't know what I like better about you, that you mock HedgefundTrader2 and it drives him crazy (and he can't do anything about it) or that other people give serious replies to your posts not realizing that they are replying to someone who is trolling.

Its entertaining on both fronts. Please donot stop.