[mact3333]

Originally Posted by richpuer

forget all these numbers UE, ISM, GDP, blah blah blah...keep life simple and just trade the tape...thats all u need...watch the tape, anticipate, react, cut your losses...that about sums it up.

Funny thing is this, real traders know when other real traders make posts......its obvious...

[BTM]

Originally Posted by mact3333

Funny thing is this, real traders know when other real traders make posts......its obvious...

And it's a thought process I tend to agree with. Do what you can with the situation you're provided with, realistically, the rest is so far out of your hands it's moot. And you can probably tell that I'm obviously not a trader

[Vanity]

Basically,

- 2008 the markets crash.
- 2009 most of the world is in a global recession.
- 2010 recovery was seen.

- 2011: Aug 2nd, 2011, the United States of America was due to pay their debt. With the debt ceiling already in place, there was not "enough room" for the United states to borrow money and "cover" their costs of running the country (pensions, medicare, etc). Unfortunately, a couple day prior to Aug 2nd, the U.S. ran out of money.

The political insolvency to mend Left and Ring wing divisions was responsible for a theatrical show of classic political pigheadedness which, for the few weeks congress was unable to resolve the debt issue, began to erode any aggregate consensus of "the economy still being fine". Investors, now balkanized and under fear of not only the U.S. Debt crisis but also the (much larger) European Debt Crisis, intrinsically recoiled and oversold the markets on Thursday Aug 4th, 2011. The herd-mentality of investors to keep cash safe was the underlying cause for the persecution of the Dow, S&P 500, and Nasdaq indexes Thursday. This large communal over-selling of equities, among other things, is why the U.S. economy is again seeing exaggerated down swings in the stock market, as seen in 2008. Here's a quote of data figures:

Originally Posted by The Wall Street Journal

The fastest-growing asset on bank balance sheets this year is cash. Since the beginning of the year, U.S. bank holdings of cash are up 83%, or $890 billion, to $1.98 trillion. Consumer loans, by contrast, have grown 0.2%, or $1.7 billion. Commercial and industrial loans are up 3.8%, or $46.1 billion.

As investors sell-off to protect profits, the U.S. Debt load will nearly match the country's GDP income at a 1:1 ratio by the end of Christmas 2011. Without drastic budget cuts and long-term fiscal policies in place to control the, now only booming sector within the United States, $15 trillion US Dollars of debt, the gears of the world's single-greatest profit-machine will grind to a halt -- and likely stay halted for a while. With currently no sector capable of generating enough growth in the United States to raise GDP past any level to begin significant repayments of debt loans and with no more readily tappable income like home equity left in 2011, the mantle of the United States Government appears to the only source of [artificial] growth in the economy.

With the Government now being the fulcrum for stimulation in the economy, options taken to stir a weakened and soft economy might oppositely hinder and impede growth. The Federal Reserve, now vexed with finding a solution for the economy again, will have very little options at disposal. They can i) lower interest rates, which are already near 0% or ii) print more money and bailout the economy again (referred to as QE3). Lowering the already low interest rates will do inherently nothing significant for a major recovery, as there remains little leeway room left. Flooding the economy with money, however, will be effective but only effective in the sense of generating inflation in the long-run. Let the reminders of previous QE1 and QE2 bailouts be at the forefront here, because latest GDP revisions of 2008-2010 show less-than-healthy recovery swings as once reported and previously thought.

The QE3 route now becomes a parable of Agony and Ecstasy for needing to print money to relieve economic exhaustion but also being a main proponent for why inflation, subsequently entailing tougher economic hardships such as Depression, is now foreseeable. The barbarism of the Federal Reserve to flood the markets with more U.S. Dollars will be evidence of dollar-value cannibalism.

With no real-growth sectors left, the Debt:GDP ratio nearing 1:1; the GDP revisions showing less-than-originally-reported recovery swing-backs; the European Debt Crisis being worse than the U.S. Debt Crisis; the mimicking fallout of all markets around the world; the dollar-value cannibalism; and the Federal reserve being the only artificial stimulus left in the US economy and you have a nasty recipe for another Great Depression.

And that's basically the economic crisis in a nut-shell in layman terms. I would only hope that when countries like China dock on the shores of New York City asking for debt loan payments, they will accept our system of repayment with the barter of small children.

[mact3333]

Guys,

In all seriousness...please try to understand the real meaning of inflation and deflation...this will make everything else so much easier to understand...and know 3/4 of our economy is consumer spending...think about where many of us got our money during the early to mid 2000's...how did we buy those Hummers and granite countertops and pay for those fancy vacations??.

In 2006-08 I saw alot of houses come up for sale in my neighborhood...then magically they are all gone by mid 2010(all foreclosed by then)...then starting early this yr, same houses started coming up for sale once again....hmmm.

If you find yourself as a hardcore repub, liberal or even a tea bagger, then "they" have won...think for yourself after doing your own dd...dont listen to any single person or group...the answers are out there plain as day of you look.

[mact3333]

I would like to sell one of my children to the Chinese but I only have girls ...they said only to bring the boys.

Originally Posted by Vanity

Basically,

- 2008 the markets crash.
- 2009 most of the world is in a global recession.
- 2010 recovery was seen.

- 2011: Aug 2nd, 2011, the United States of America was due to pay their debt. With the debt ceiling already in place, there was not "enough room" for the United states to borrow money and "cover" their costs of running the country (pensions, medicare, etc). Unfortunately, a couple day prior to Aug 2nd, the U.S. ran out of money.

The political insolvency to mend Left and Ring wing divisions was responsible for a theatrical show of classic political pigheadedness which, for the few weeks congress was unable to resolve the debt issue, began to erode any aggregate consensus of "the economy still being fine". Investors, now balkanized and under fear of not only the U.S. Debt crisis but also the (much larger) European Debt Crisis, intrinsically recoiled and oversold the markets on Thursday Aug 4th, 2011. The herd-mentality of investors to keep cash safe was the underlying cause for the persecution of the Dow, S&P 500, and Nasdaq indexes Thursday. This large communal over-selling of equities, among other things, is why the U.S. economy is again seeing exaggerated down swings in the stock market, as seen in 2008. Here's a quote of data figures:



As investors sell-off to protect profits, the U.S. Debt load will nearly match the country's GDP income at a 1:1 ratio by the end of Christmas 2011. Without drastic budget cuts and long-term fiscal policies in place to control the, now only booming sector within the United States, $15 trillion US Dollars of debt, the gears of the world's single-greatest profit-machine will grind to a halt -- and likely stay halted for a while. With currently no sector capable of generating enough growth in the United States to raise GDP past any level to begin significant repayments of debt loans and with no more readily tappable income like home equity left in 2011, the mantle of the United States Government appears to the only source of [artificial] growth in the economy.

With the Government now being the fulcrum for stimulation in the economy, options taken to stir a weakened and soft economy might oppositely hinder and impede growth. The Federal Reserve, now vexed with finding a solution for the economy again, will have very little options at disposal. They can i) lower interest rates, which are already near 0% or ii) print more money and bailout the economy again (referred to as QE3). Lowering the already low interest rates will do inherently nothing significant for a major recovery, as there remains little leeway room left. Flooding the economy with money, however, will be effective but only effective in the sense of generating inflation in the long-run. Let the reminders of previous QE1 and QE2 bailouts be at the forefront here, because latest GDP revisions of 2008-2010 show less-than-healthy recovery swings as once reported and previously thought.

The QE3 route now becomes a parable of Agony and Ecstasy for needing to print money to relieve economic exhaustion but also being a main proponent for why inflation, subsequently entailing tougher economic hardships such as Depression, is now foreseeable. The barbarism of the Federal Reserve to flood the markets with more U.S. Dollars will be evidence of dollar-value cannibalism.

With no real-growth sectors left, the Debt:GDP ratio nearing 1:1; the GDP revisions showing less-than-originally-reported recovery swing-backs; the European Debt Crisis being worse than the U.S. Debt Crisis; the mimicking fallout of all markets around the world; the dollar-value cannibalism; and the Federal reserve being the only artificial stimulus left in the US economy and you have a nasty recipe for another Great Depression.

And that's basically the economic crisis in a nut-shell in layman terms. I would only hope that when countries like China dock on the shores of New York City asking for debt loan payments, they will accept our system of repayment with the barter of small children.

[mact3333]

Originally Posted by BTM

And it's a thought process I tend to agree with. Do what you can with the situation you're provided with, realistically, the rest is so far out of your hands it's moot. And you can probably tell that I'm obviously not a trader

Brian, we're cool...you post good pics on the FAP thread!......not as good as Elaine, but pretty good.

[mact3333]

Originally Posted by ghosthi32

get over yourself

chickar meekhani?....chetohree???....osgal nasho....

Your responses are like aspartame...emtpy calories...

[BTM]

Originally Posted by mact3333

Brian, we're cool...you post good pics on the FAP thread!......not as good as Elaine, but pretty good.

LOL I know...we go back and forth and have opposed approaches often arriving at similar conclusions, sometimes not. That's the point - to exchange thought processes and methodology differing from your own. Surrounding oneself with like minds and seeking support for a preformed opinion, rather than forming an educated, logical opinion based on available information, is an exercise in masturbation (to stay within the context of the fap thread ).

Likewise, partisanship can be equated to this (in a sense.) When the end goal is self-perpetuation, the method is rarely prudent and objective. It takes a level of intelligence rarely possessed by politicians to admit that, as smart as you may be, you can't effectively legislate welfare.

[ghosthi32]

Originally Posted by mact3333

chickar meekhani?....chetohree???....osgal nasho....

Your responses are like aspartame...emtpy calories...

hahhahaha are those the only words you know?

[Echo M3]

Originally Posted by mact3333

chickar meekhani?....chetohree???....osgal nasho....

Your responses are like aspartame...emtpy calories...

Chicken makhani? what the hell are you guys saying.

[ghosthi32]

Originally Posted by pman10

Chicken makhani? what the hell are you guys saying.

he is trying to type in farsi and failing

[M3Bahn]

Originally Posted by 08rookie

so ur saying i should take all my cash thats in my freezer and buy gold? lol

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