Comments on: Chart roundup http://sovereignspeculator.com/2009/10/14/chart-roundup/ Thoughts on the markets and the decline of the west Mon, 21 Nov 2011 12:29:53 +0000 http://wordpress.org/?v=2.6 By: Graphite http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6466 Graphite Mon, 19 Oct 2009 08:31:01 +0000 http://sovereignspeculator.com/?p=2845#comment-6466 1085 Matt. I'll short from 1085. 1085 Matt. I’ll short from 1085.

]]> By: Matt Damon http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6422 Matt Damon Sat, 17 Oct 2009 03:23:11 +0000 http://sovereignspeculator.com/?p=2845#comment-6422 Well Graphite, Jesse actually said "The Prechterian wave weenies" and you just proved his point. LOL! If you believe what you just said I DARE you to short Gold. Well Graphite, Jesse actually said “The Prechterian wave weenies” and you just proved his point. LOL! If you believe what you just said I DARE you to short Gold.

]]> By: Axclr8 http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6414 Axclr8 Fri, 16 Oct 2009 17:34:35 +0000 http://sovereignspeculator.com/?p=2845#comment-6414 Warren: Housing Market Getting Worse http://finance.yahoo.com/tech-ticker/article/355866/Warren-Housing-Market-Getting-Worse?tickers=xhb,%5EDJI,TOL,LEN,KBH I looked at a Condo the other day (new) ... 220K in Charlotte .. did not bite .. after the Quarter closed they called me to give a 20K discount on the spot ... Also, there is far too much bullishness amongst investment letter writers expect Casey Research ... all in all ... this Market is going to fall starting in March next year, exactly as what happened in March 2002 .... Warren: Housing Market Getting Worse

http://finance.yahoo.com/tech-ticker/article/355866/Warren-Housing-Market-Getting-Worse?tickers=xhb,%5EDJI,TOL,LEN,KBH

I looked at a Condo the other day (new) … 220K in Charlotte .. did not bite .. after the Quarter closed they called me to give a 20K discount on the spot …

Also, there is far too much bullishness amongst investment letter writers expect Casey Research … all in all … this Market is going to fall starting in March next year, exactly as what happened in March 2002 ….

]]> By: Aki_Izayoi http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6408 Aki_Izayoi Fri, 16 Oct 2009 14:18:19 +0000 http://sovereignspeculator.com/?p=2845#comment-6408 A sucker's rally needs suckers... I did not mean to use the term "sucker's rally"... I suppose the suckers where the people who were short in June/July. A sucker’s rally needs suckers… I did not mean to use the term “sucker’s rally”… I suppose the suckers where the people who were short in June/July.

]]> By: Aki_Izayoi http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6407 Aki_Izayoi Fri, 16 Oct 2009 14:11:51 +0000 http://sovereignspeculator.com/?p=2845#comment-6407 Going long on equities isn't as contrarian anymore because all of the investment banks are recommending the trade. It might be considered contrarian because the sheeple isn't doing it though. I do not have a reading on short term sentiment indicators though. Read this: http://seekingalpha.com/article/163726-what-s-the-other-guy-doing-follow-or-fade Shows the positioning of retail investors and they did not significantly buy into the suckers rally. It is contrarian to believe in a REAL recovery... it is consensus to believe in a mild jobless recovery. And a minority believes in the double dip. A jobless recovery is consensus, and I agree with the consensus on joblessness. Going long on equities isn’t as contrarian anymore because all of the investment banks are recommending the trade. It might be considered contrarian because the sheeple isn’t doing it though. I do not have a reading on short term sentiment indicators though.

Read this: http://seekingalpha.com/article/163726-what-s-the-other-guy-doing-follow-or-fade

Shows the positioning of retail investors and they did not significantly buy into the suckers rally.

It is contrarian to believe in a REAL recovery… it is consensus to believe in a mild jobless recovery. And a minority believes in the double dip. A jobless recovery is consensus, and I agree with the consensus on joblessness.

]]> By: Axclr8 http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6405 Axclr8 Fri, 16 Oct 2009 13:34:55 +0000 http://sovereignspeculator.com/?p=2845#comment-6405 Sorry, but the public does not know anything. America is being run by a bunch of Financial Frauds ... if ony people knew that 40% of Govt. spending is being financed by foriegners and that we have 100 Trillion in Debt that is just piling up ... Time and time again, mass sentiment has always proven wrong .... Honestly, we are in no mans land ... as the economy gets weaker, the FED will continue to print and borrow .. the same with China ... they have no choice but to keep on printing money for fear of a collapese .... for the next 20 years until we reset the Financial debacke that has been created the markets will multiple 50% up and down swings .... I am sure I am not factoring in the exponential growth of population that we will expereince (if there is no Nuclear War, Bio Disaster, Natural Disaster etc.) ... as more people enter the workforce and the market, demand for goods will increase and stocks and speculation etc ... Ah well .... Sorry, but the public does not know anything. America is being run by a bunch of Financial Frauds … if ony people knew that 40% of Govt. spending is being financed by foriegners and that we have 100 Trillion in Debt that is just piling up … Time and time again, mass sentiment has always proven wrong …. Honestly, we are in no mans land … as the economy gets weaker, the FED will continue to print and borrow .. the same with China … they have no choice but to keep on printing money for fear of a collapese …. for the next 20 years until we reset the Financial debacke that has been created the markets will multiple 50% up and down swings …. I am sure I am not factoring in the exponential growth of population that we will expereince (if there is no Nuclear War, Bio Disaster, Natural Disaster etc.) … as more people enter the workforce and the market, demand for goods will increase and stocks and speculation etc …

Ah well ….

]]> By: Pej http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6404 Pej Fri, 16 Oct 2009 13:24:21 +0000 http://sovereignspeculator.com/?p=2845#comment-6404 Sorry Max, I'm not convinced by these arguments. I guess you can consider me as another contrarian confirmation ;-) With GE and BofA's disastrous earnings, we might have a breach in the belief that the worst is behind us. The real question is: how much have the accountants sharpen their pencils and how many skeleton have they hidden to get to those results (including the fabulous results from GS, JPM, C and so on) Sorry Max, I’m not convinced by these arguments.
I guess you can consider me as another contrarian confirmation ;-)

With GE and BofA’s disastrous earnings, we might have a breach in the belief that the worst is behind us. The real question is: how much have the accountants sharpen their pencils and how many skeleton have they hidden to get to those results (including the fabulous results from GS, JPM, C and so on)

]]> By: Max http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6403 Max Fri, 16 Oct 2009 11:59:57 +0000 http://sovereignspeculator.com/?p=2845#comment-6403 "Max, do you think the public (and mass population) think itself as more clever than the market and hence is not buying into it? Or that the flow rather shows that people need to sell assets in order to raise cash and pay back their mortgages and credit card lines?" There is some of that, but mostly it's fear. There is no sign from fund flows that fear has turned to greed. And I think it's actually contrarian to believe in a strong recovery (yes, there are many high-profile people touting green shoots - BUT NOBODY BELIEVES THEM!) “Max, do you think the public (and mass population) think itself as more clever than the market and hence is not buying into it? Or that the flow rather shows that people need to sell assets in order to raise cash and pay back their mortgages and credit card lines?”

There is some of that, but mostly it’s fear. There is no sign from fund flows that fear has turned to greed. And I think it’s actually contrarian to believe in a strong recovery (yes, there are many high-profile people touting green shoots - BUT NOBODY BELIEVES THEM!)

]]> By: Pej http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6402 Pej Fri, 16 Oct 2009 11:36:22 +0000 http://sovereignspeculator.com/?p=2845#comment-6402 Everybody is looking for an eye-opener for the market to realize it's leaving in a dreamworld for the past 6months. Maybe GE and BofA today will do? Everybody is looking for an eye-opener for the market to realize it’s leaving in a dreamworld for the past 6months.
Maybe GE and BofA today will do?

]]> By: Pej http://sovereignspeculator.com/2009/10/14/chart-roundup/#comment-6398 Pej Fri, 16 Oct 2009 08:22:27 +0000 http://sovereignspeculator.com/?p=2845#comment-6398 Max, do you think the public (and mass population) think itself as more clever than the market and hence is not buying into it? Or that the flow rather shows that people need to sell assets in order to raise cash and pay back their mortgages and credit card lines? Also, I don't think Graphite's example is relevant in terms of "bullish triumphalism" of the gold bugs nor representative of the major part of the "gold bug community" Max, do you think the public (and mass population) think itself as more clever than the market and hence is not buying into it? Or that the flow rather shows that people need to sell assets in order to raise cash and pay back their mortgages and credit card lines?

Also, I don’t think Graphite’s example is relevant in terms of “bullish triumphalism” of the gold bugs nor representative of the major part of the “gold bug community”

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