Comments on: 5th Avenue blues http://sovereignspeculator.com/2009/09/13/5th-avenue-blues/ Thoughts on the markets and the decline of the west Mon, 07 Nov 2011 07:42:22 +0000 http://wordpress.org/?v=2.6 By: Pej http://sovereignspeculator.com/2009/09/13/5th-avenue-blues/#comment-6043 Pej Tue, 15 Sep 2009 14:21:29 +0000 http://sovereignspeculator.com/?p=2803#comment-6043 Yes, very fair points. Cheers. Yes, very fair points. Cheers.

]]> By: Mike http://sovereignspeculator.com/2009/09/13/5th-avenue-blues/#comment-6042 Mike Tue, 15 Sep 2009 13:59:40 +0000 http://sovereignspeculator.com/?p=2803#comment-6042 It was only a month over month increase. That kind of stuff is just noise, not signal. Even so, with optimism about stocks and earnings so high this summer, it is only natural to see some of that society-wide optimism reflected in things like retail and corporate capital expenditure (though we haven't yet seen the latter). It was only a month over month increase. That kind of stuff is just noise, not signal. Even so, with optimism about stocks and earnings so high this summer, it is only natural to see some of that society-wide optimism reflected in things like retail and corporate capital expenditure (though we haven’t yet seen the latter).

]]> By: Pej http://sovereignspeculator.com/2009/09/13/5th-avenue-blues/#comment-6040 Pej Tue, 15 Sep 2009 13:53:50 +0000 http://sovereignspeculator.com/?p=2803#comment-6040 Thanks mike, you're right about call/put ratio and the others. I am wondering though, how is it possible for the sales figures to show increases in spending even after excluding cars? Specially when all the retailers (maybe excluding Apple and Wal-mart) are showing declines. What do you think? Thanks mike, you’re right about call/put ratio and the others.

I am wondering though, how is it possible for the sales figures to show increases in spending even after excluding cars? Specially when all the retailers (maybe excluding Apple and Wal-mart) are showing declines. What do you think?

]]> By: Mike http://sovereignspeculator.com/2009/09/13/5th-avenue-blues/#comment-6039 Mike Tue, 15 Sep 2009 13:09:18 +0000 http://sovereignspeculator.com/?p=2803#comment-6039 Add to that list the sustained low equity put:call ratio, treasury strength since June, and extreme dollar bearishness. Clearly, we have many signs of a top. It is just a waiting game now. Add to that list the sustained low equity put:call ratio, treasury strength since June, and extreme dollar bearishness. Clearly, we have many signs of a top. It is just a waiting game now.

]]> By: Pej http://sovereignspeculator.com/2009/09/13/5th-avenue-blues/#comment-6038 Pej Tue, 15 Sep 2009 13:02:59 +0000 http://sovereignspeculator.com/?p=2803#comment-6038 Hey Mike, what do you think of all this happening simultaneously: # Sentiment is more bullish since Feb 2007 # PER are at historical high levels # Short interest is the lowest since Feb 2007 # We have reminiscences of '87 (as usual, more info on my blog http://realitylenses.blogspot.com/2009/09/short-interest-at-lowest-since-feb-2007.html) Hey Mike, what do you think of all this happening simultaneously:
# Sentiment is more bullish since Feb 2007
# PER are at historical high levels
# Short interest is the lowest since Feb 2007
# We have reminiscences of ‘87

(as usual, more info on my blog http://realitylenses.blogspot.com/2009/09/short-interest-at-lowest-since-feb-2007.html)

]]> By: Axclr8 http://sovereignspeculator.com/2009/09/13/5th-avenue-blues/#comment-6027 Axclr8 Mon, 14 Sep 2009 12:55:52 +0000 http://sovereignspeculator.com/?p=2803#comment-6027 The PONZI scheme is alive and well .... welcome to FRAUDAMERICA ... http://finance.yahoo.com/news/Risktaking-is-back-for-banks-apf-3400806176.html?x=0&sec=topStories&pos=4&asset=&ccode= The PONZI scheme is alive and well …. welcome to FRAUDAMERICA …

http://finance.yahoo.com/news/Risktaking-is-back-for-banks-apf-3400806176.html?x=0&sec=topStories&pos=4&asset=&ccode=

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