Wall Street Lunacy 2006

Current Topics 2006

Financial Lunacy 2006

Wall Street Lunacy 2007

Wall Street Lunacy, 1st Quarter, 2009 Archive

World Indices Weekly Closing Prices

Wall Street Lunacy, 1st Quarter, 2008      

Full Moons, Fraud, and Lunatics. What More Can Be Said.

Wall Street Lunacy, 2008 Archive

Background to the Current Economic Crisis from Al Peia

Al Peia Summary

Current Market Numbers/Closing Prices From Yahoo

NEWS FLASH: Direct from Lost Angeles Learning Annex – Presenting mobster t_rump of new yoke, new joyzey, and now caleefornia mob fame with his continuing message for the past several years: buy real estate (and watch the values go down…..riiiiight!).
Bank sues Trump over Chicago tower loan...
Trump casino to miss interest payment...
trump’s fired

Gunfire Erupts Inside trump Taj Mahal Casino, 1 Dead - Second Such Incident In A Year At N.J. Mainstay Ends With Employee Killed – What else would you you expect from a mobster’s casino in mob-infested jersey!

Trump luxury resort folds, leaving buyers defrauded…litigation has commenced…send for sister maryanne, the corrupt federal judge to preside, coverup, etc., she’s in n.y./n.j./pa 3rd circuit ct appeals, understands drug money laundering/fraud and handles her own motions to recuse her and like mobster trump should be in jail  ... (see RICO Case)

(7-2-09) Dow  8,280.74 -223.32 -2.63% To stamp out fraud, no change from suckers’ rally worth reporting for second, third, fourth weeks of March and April -436 for the first week of March -12% for the month of February -8.8% (-775) for the month of January -1% for fourth week of January -2.5% for third week of January -4% for second week of January  -5% for first full week of January -34% for the year -1% for the fourth week of December  No change worth reporting for second and third weeks of December -2.3% for the first week of December -5.8% for the month of November. -15% for the month of October Nasdaq 1,796.52 -49.20 -2.67% To stamp out fraud, no change from suckers’ rally worth reporting for second, third, fourth weeks of March and April -84 for the first week of March -7% for the month of February -6.4% (-101) for the month of January -1% for fourth week of January -3.3% for third week of January -3% for second week of January  -4% for first full week of January -41% for the year -2% for the fourth week of December   No change worth reporting for second and third weeks of December -5.7% for the first week of December -11% for the month of November. -17% for October   S&P 500  896.42 -26.91 -2.91% To stamp out fraud, no change from suckers’ rally worth reporting for second, third, fourth weeks of March and April -52 for the first week of March -11% for the month of February -8.6% (-75) for the month of January -1% for fourth week of January -2.3% for third week of January - 5% for second week of January  -4% for first full week of January -39% for the year -2% for the fourth week of December  No change worth reporting for second and third weeks of December -2.7% for the first week of December -7.5% for the month of November. -18% for October [CLOSE- OIL $66.73 (-54% for year 2008) (RECORD TRADING HIGH $147.27) GAS $2.90 (reg. gas in LAND OF FRUITS AND NUTS  $3.00 REG./ $3.25 MID-GRADE/ $3.35 PREM./ $2.86  DIESEL)/ GOLD $931 [video] Gold Surges   Stocks/Gold Comparison (+5.58% for year 2008) / SILVER $13.41 PLATINUM $1,195 / DOLLAR= .70 EURO, 95 YEN, .60 POUND STERLING, ETC. (How low can you go - LOWER)/ 10 YR NOTE YIELD 3.51% …..…     AP Business Highlights …           ...Yahoo Market Update... ]  YAHOO - BRIEFING.COM Weekly Recap   Trendsresearch.com forecast for 2009    . ‘WORST ECONOMIC COLLAPSE EVER’    Must Read Economic/Financial Data         ABSOLUTELY, ABSURDLY, RIDICULOUS! MODEST LOSSES RELATIVE TO REALITY SO SELL / TAKE ANY PROFITS IN THIS SECULAR BEAR MARKET SUCKERS’ RALLY PROGRAMMED TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)     [$$] Big Pay Packages Return to Wall Street as new fraud gains steam (at The Wall Street Journal Online)    ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...    America’s Effective Unemployment Rate at 18.7%?     US loses 467,000 jobs, unemployment at 9.5%       'We're in the Middle of a Crash': Black Swan...           Mortgage applications fall to 7-month low...         Private sector sheds another 473,000 jobs in June...        'Layoffs may be worsening'...      AIG shares drop after 1-for-20 reverse-stock split (AP)     Manhattan apartment prices skid 13 to 19 percent          Job losses / job concerns realistically weigh on confidence, real estate values/prices continue downward trend as per Case / Shiller Index (-18.1%, -21% in california)    Consumer confidence suffers steep fall...     Home prices post 18% annual drop...    Worldwide Depression: Review of Global Markets       . Four banks fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of 44       Dollar Falls Most in Month as China Urges New Reserve Currency      Gerald Celente speaks on Cap and Trade and other handicaps to the US economy       HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT  MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)  ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar  Dollar And Stocks Drop As China Calls For New Global Currency   , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q  ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%;   U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise       foreclosure sales up 2.4%, prices down 17% year over year,    [$$] Market Suffers Some Technical Damage         Stocks tumble on bleak outlook for world economy           U.S. regulators close their 40th bank of the year  ,   Next Major Move In Stock Market Will Be Down     world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Jim Rogers: “The Worst is Not Over” 6/9/2009      Markets See a Breakdown in Technical Support Levels             Roubini: USA sees double-dip recession...    Jobless claims rise; GDP dips in 1Q      Bernanke faces GOP-led (who are they kidding-bushies/paulsen went so far as threaten martial law- prosecute now! They continue to allow the wall street fraud and political theater doesn’t change their complicity) heat on BofA-Merrill deal    Fed Tried to Cover-up Its Involvement in Bank of America-Merrill Deal       U.S. Economy: Jobless Claims Rise in Sign Labor Market Stagnant            Dollar drops on reserve currency doubts      China sells US bonds to ’show concern’      BRICs May Buy Each Other’s Bonds in Shift From Dollar            China’s holding of US bonds drops first time in 11 months        Russia to Raise Reserve Currency Issue at BRIC              International Demand for Worthless U.S. Assets Slowed in April        IMF says worst not over        Senator cashed out during big stock collapse -- after meeting with Fed, Treasury chiefs!    America's AAA downgrade danger...        Treasury faces pressure on price of TARP exit      A depression so deep even teen shoppers scrimp      US cities may have to be bulldozed in order to survive         1st quarter wiped out $1.3 trillion for Americans     Get Ready for Inflation and Higher Interest Rates       Oil prices near $73 as energy rally continues      Fed Would Be Shut Down If It Were Audited        Fed says economy weak, but sees signs the slide increasing     Mounting deficits spark jitters about U.S. economy     Wall Street falls as realities dent recovery hopes     Bonds fall on worries about government's debt load (AP)      Oil prices strike new high for 2009 (AP)    The depression quietly deepens     CHINA AIRS FEARS ON DOLLAR, DEBT...          Oil hits 7-month high over $70... Yes, We’re STILL In a Depression      China Bank Wants U.S. Bonds Issued in Yuan       Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead   U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now            China explores buying $50bn in IMF bonds       US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner     ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...   ,  world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  Insiders Exit Shares at the Fastest Pace in Two Years    BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...       The Next Bubble Is Here. Have You Bought In?      Here we go again! Barney Frank asks FANNIE and FREDDIE to relax Mortgage lending rules...       Fed Tried to Cover-up Its Involvement in Bank of America-Merrill Deal     Dollar And Stocks Drop As China Calls For New Global Currency       Citigroup Ordered to Suspend Some Operations in Japan         Bernanke Grilling May Weaken Case for Fed as Risk Regulator            Citi boosting salaries to offset lower bonuses, allegedly to retain the clowns who helped make them taxpayer dependant and cause the current debacle; how ‘bout firing them instead and offering opportunity to the new, particularly non-ivy league vegetable garden grads            [$$] Market Suffers Some Technical Damage         Stocks tumble on bleak outlook for world economy     U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise       [$$] Red Roof Inn Defaults on Mortgage Debt (at The Wall Street Journal Online)       MySpace to cut two-thirds of global workforce    GM to cut 4,000 more white-collar jobs by year end       Oracle tops forecasts despite sales, profit dip; stated another way, bad news will be shilled as good news (AP)    California Collapsing        Bankster “Holiday” Planned for September?      Recession Sparking Global Unrest       Is Your Portfolio Ready for the Next Leg Down?           S&P turns negative for year in broad sell-off (Reuters)       Goldman Sachs on pace for record bonuses: report (Reuters)       Numbers On Welfare See Sharp Increase          Top Insiders Playing You For A Sucker?       The death of the dollar. Who could deny it?    Stanford indicted in massive U.S. fraud case which is small potatoes compared to ubiquitously massive wall street securities fraud which caused the ongoing financial debacle        Venture Capital Bubble Set to Burst, Kedrosky Says     Obama Plans to Cut Bank Regulators, Allow Fed to Supervise Financial Holding Companies – The old fox guarding the henhouse tricks     Federal Reserve unwisely to gain power under plan      Federal Reserve Foolishly To Be Given Sweeping New Powers        Yen Strengthens Most in Month as Asian Stocks Drop, Gold Gains        RUSSIA CHALLENGES WORTHLESS DOLLAR...    AIG says former top exec plundered retirement plan     [video] The Too-Big-to-Fail Problem [6.8 min] (at MarketWatch)     [$$] Too Big to Solve? (at The Wall Street Journal Online)          Buy and Hold Is Dead. Long Live Buy and Hold!     Financial Bailout Plan Keeps Zombie Banks Alive       Bernanke then as now in denial about looming crisis 2005-2007              Retail sales, drop in jobless claims to a very high even if believed 601,000 yielding record continuing claims of 6.8 million fuel hope…if you’re a dope     Lawmakers blast Fed, Treasury for BofA "threats"       Oil climbs over $73 on hopes for rising demand     U.S. Household Worth Fell by $1.3 Trillion in First Quarter       Predictions of $250 a barrel on oil        ECB Fears Reality of Banking Crisis in 2010: Report        Get Ready for Inflation and Higher Interest Rates      Bill To Audit Federal Reserve Now Has 209 Co-Sponsors        Russia May Swap Some U.S. Treasuries for IMF Debt        Fed report shows losses on Bear Stearns, AIG holdings      Congress subpoenas the Fed ... Finally! (AP)        Brazil in recession, recovery unlikely this year       What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys       Obama Tells American Businesses to Drop Dead      America’s Fed Addiction        “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe”       Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills       WIRE: Obama Tells American Businesses to Drop Dead...  Long-Term Economic Memory Loss    Obama’s economic model versus reality     Reality bites Internet as 1Q ad sales fall 5 pct (AP)      CHINA AIRS FEARS ON DOLLAR, DEBT        government reports better than private estimates…riiiiight!  President of the Federal Reserve Bank of Kansas City Warns of Oligarchy        U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now         Benefit spending soars to new high    $100 Billion Bailout For IMF Tagged On To War Funding Bill        Economic recovery is wishful thinking          Gold, Silver Climb as Dollar Falls      OPEC: OIL COULD REACH $90...        -----     Existing home foreclosure sales up, and no profit discount car sales better than expected     Diluting like crazy through new stock bubble issues       Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

ANALYST FORECASTS: BULLS AND BEARS    By Richard Shaw    [there were 3 bull forecasts which are bull s**t and not included in the following excerpt to preclude fraud and conserve space; even the neutrals are a stretch]
…..BEAR - May 30: Morgan Stanley equity analyst Jason Todd says sell this S&P 500 rally. He says Morgan Stanley does not see large upside above 825-850. He said, “In the rush to buy a cyclical recovery, it seems earnings or valuation no longer matters. We would be comfortable with this view if the earnings trough was closer, but it is not.”

BEAR - MAY 28: Berkshire Hathaway possible successor to Warren Buffet, David Sokol, says they see no evidence of the green shoots that been a stimulus to the stock market. He sees the most significant headwinds to the electric utility industry in his 30 years, and see continuing housing industry problems.

BEAR?/BULL? - May 28: PIMCO co-CEO Bill Gross (manager of world’s largest bond fund) portrays “new normal” including accelerating inflation toward the latter part of a three- to five-year cycle, and the need to reexamine accepted notions about investing. He said stocks have not and will not always outperform bonds, and having 60% to 80% of portfolio assets in stocks may not always make sense. He believes the dollar will lose its status as the reserve currency; Brazil, India and China (forget Russia) will offer the best growth. The U.S. government will be selling trillions in Treasuries; the US savings rate may rise significantly, and the consumer economy may be shrinking long term due to the aging of the population.

BULL?/BEAR? - May 28: GMO CEO Jeremy Grantham predicts higher US savings and lower consumption with many postponed retirements. He sees some reasonable values within the stock market now and sees the third year of the presidential cycle (2011) as the most promising. He is not certain that a robust rally will continune. Like John Bogle, he believes in the principle of having your age as the percentage of bonds in your portfolio. He expects a bubble in emerging market stocks to develop.

BEAR - MAY 26: Comstock Partners portfolio managers Charlie Minter and Marty Weiner, say P/E’s on “as reported earnings” are too high in consideration of the long-term trend in earnings (now in down phase). “Over the past 75 years, most market peaks topped at around 20 times reported earnings, and the troughs occurred at around 10 times earnings. The financial mania of the late 1990s pushed P/Es to over 40 times reported earnings, and the following bust never brought P/Es below 18 times reported earnings. … Going back to 1950, every instance where actual earnings rose above trend-line earnings was followed by a period where actual earnings went well below trend-line earnings. Comstock Partners believes that we have entered such a period now, and that the market is trading at such a high multiple of trend-line earnings that it will be difficult to make money.”

BEAR - May 19: Gluskin Sheff analyst David Rosenberg (formerly of Merill Lynch) says this rally is a sucker’s rally based on short covering. “The FTSE All-World market P/E ratio on forward earnings estimates is now around 15x, well above pre-Lehman collapse levels and nearly double the lows for the cycle … this was a rally built largely on short covering, pension fund rebalancing and the emergence of hope wrapped up in ‘green shoot’ data points. … On average, the S&P 500 undergoes a correction of more than 20% … at a minimum, take profits”

NEUTRAL (BEAR?) - May 11: Baring Asset Management portfolio manager Hayes Miller says “Estimates suggest there isn’t that much further to run because equities are fairly valued … Earnings growth for 2009 and 2010 can’t support prices too much higher than where we are today.”

BEAR - May 11: HSBC Global Asset Management chief investment officer Leon Goldfeld, chief investment officer at HSBC Global Asset Management said it’s “hard to see” enough profit growth to justify higher stock prices. The firm’s strategy will be to reduce its holdings of equities and move into bonds and cash, he said.Bloomberg TV on June 1, said HSBC forecasts 900 as the year-end price for the S&P 500 index.

NEUTRAL - May 11: Bloomberg compilation of analyst forecasts of 2009 earnings for the S&P 500 is at $57.17 (not stated whether “as reported” or “operating”). As of June 1, that puts the S&P at about 16.5 times forecasted earnings. Yale economist Robert Schiller said the historic average is a multiple of about 16.3. [we note that we are not in an average situation or stage of a market, however].

BEAR - May 11: Bank of America CIO for private wealth management expects a 10% correction. He said, “We’re going to be in a very volatile, chop-and-grind type of market. We’ve been shown that there is a small light at the end of the tunnel, it’s dim but getting brighter, and that’s why stock prices have come this far this fast. Now, it’s all about ‘show me.’”

BEAR?/ BULL? - May Letter: PIMCO co-CEO Bill Gross wrote: “Do not be deceived by the euphoric sightings of “green shoots” and the claims for new bull markets in a multitude of asset classes. Stable and secure income is still the order of the day. Shaking hands with the new government is still the prescribed strategy, although it should be done at a senior level of the balance sheet. If the government indeed becomes your investment partner, you should keep the big Uncle in clear sight and without back turned. Risk will not likely be rewarded until the global economy stabilizes and the Obama rules of order are more clearly defined.”

BEAR - April 17: Barclay’s analyst Barry Knapp forecasts S&P 500 at 757 by year-end 2009. He said, “The equity market has priced this recovery and then some. It looks pretty expensive to us.”

(7-1) SELL / TAKE ANY PROFITS IN THIS SECULAR BEAR MARKET SUCKERS’ RALLY PROGRAMMED TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)     [$$] Big Pay Packages Return to Wall Street as new fraud gains steam (at The Wall Street Journal Online)    ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...    Job losses / job concerns realistically weigh on confidence, real estate values/prices continue downward trend as per Case / Shiller Index (-18.1%, -21% in california)    Gerald Celente speaks on Cap and Trade and other handicaps to the US economy       HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT  MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)  ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar  Dollar And Stocks Drop As China Calls For New Global Currency   , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q  ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%;   U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise       foreclosure sales up 2.4%, prices down 17% year over year,    [$$] Market Suffers Some Technical Damage         Stocks tumble on bleak outlook for world economy           U.S. regulators close their 40th bank of the year  ,   Next Major Move In Stock Market Will Be Down     world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...   ,  world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  Insiders Exit Shares at the Fastest Pace in Two Years    BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...       foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-30) SECULAR BEAR MARKET SUCKERS’ RALLY TO END WELL OFF SESSION LOWS  TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED Job losses / job concerns realistically weigh on confidence, real estate values/prices continue downward trend as per Case / Shiller Index (-18.1%, -21% in california)    Consumer confidence suffers steep fall...     Home prices post 18% annual drop...    Worldwide Depression: Review of Global Markets       . Four banks fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of 44       Dollar Falls Most in Month as China Urges New Reserve Currency      Gerald Celente speaks on Cap and Trade and other handicaps to the US economy       HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT  MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)  ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar  Dollar And Stocks Drop As China Calls For New Global Currency   , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q  ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%;   U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise       foreclosure sales up 2.4%, prices down 17% year over year,    [$$] Market Suffers Some Technical Damage         Stocks tumble on bleak outlook for world economy           U.S. regulators close their 40th bank of the year  ,   Next Major Move In Stock Market Will Be Down     world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Jim Rogers: “The Worst is Not Over” 6/9/2009     ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...   ,  world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  Insiders Exit Shares at the Fastest Pace in Two Years    BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...       The Next Bubble Is Here. Have You Bought In?      foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-29) Worthless dollar/High oil price stock rally…riiiiight!...Then there’s the madoff propaganda event Fraudster Madoff gets 150 years, with prosecutors patting themselves on the back when the reality is that there has been not even one prosecution in the massive securities fraud which benefited the wall street frauds greatly and make madoff look like a piker. Four banks fail, bringing 2009 tally to 19 more than all of 2008 at a total thus far of 44       Dollar Falls Most in Month as China Urges New Reserve Currency      Gerald Celente speaks on Cap and Trade and other handicaps to the US economy       HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT  MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)  ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar  Dollar And Stocks Drop As China Calls For New Global Currency   , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q  ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%;   U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise       foreclosure sales up 2.4%, prices down 17% year over year,    [$$] Market Suffers Some Technical Damage         Stocks tumble on bleak outlook for world economy           U.S. regulators close their 40th bank of the year  ,   Next Major Move In Stock Market Will Be Down     world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Jim Rogers: “The Worst is Not Over” 6/9/2009     ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...   ,  world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  Insiders Exit Shares at the Fastest Pace in Two Years    BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...       The Next Bubble Is Here. Have You Bought In?    , foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-26) SECULAR BEAR MARKET SUCKERS’ RALLY TO END MIXED. HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT  MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)  ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... , personal income up modest .2% and spending down, China calls for new reserve currency to supplant worthless dollar  Dollar And Stocks Drop As China Calls For New Global Currency   , continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...   ,  world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  Insiders Exit Shares at the Fastest Pace in Two Years    BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...       The Next Bubble Is Here. Have You Bought In?      foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-25) HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT  MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] TYPICAL END OF QUARTER FRAUD/WINDOW DRESSING TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)  ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,    continuing unemployment claims at or near record 627,000, weekly unemployment claims up 15,000, and GDP contraction –5.5%, all worse than expected (lennar wider than expected quarterly loss rallies stock…riiiiight!) Jobless claims rise; GDP dips in 1Q  ; soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%;   U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise       foreclosure sales up 2.4%, prices down 17% year over year,    [$$] Market Suffers Some Technical Damage         Stocks tumble on bleak outlook for world economy           U.S. regulators close their 40th bank of the year  ,   Next Major Move In Stock Market Will Be Down     world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...   ,  world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  Insiders Exit Shares at the Fastest Pace in Two Years    BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...       foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-24) SECULAR BEAR MARKET SUCKERS RALLY CONTINUES FOR MIXED CLOSE TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)  ] BASED ON CONTINUED BAD NEWS ( ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY... ,       soothing words/b.s. from fed which previously predicted no recession that economy still contracting but that the contraction is somewhat slowing…what b**l s**t!…, analysts- buffet/economy in shambles, Hogan/negative GDP growth and inflation owing to debasement of the dollar as well as deficit spending/pump-priming in the trillions, joker stein/economy a mess and continued job losses, new home sales down .6%;   foreclosure sales up 2.4%, prices down 17% year over year,    world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Jim Rogers: “The Worst is Not Over” 6/9/2009    ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...   ,  world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  Insiders Exit Shares at the Fastest Pace in Two Years    BUFFET: ECONOMY IN 'SHAMBLES'; NO SIGNS OF RECOVERY...       The Next Bubble Is Here. Have You Bought In?      foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-23) SECULAR BEAR MARKET SUCKERS RALLY INTACT TO KEEP SUCKERS SUCKERED [ Insiders Exit Shares at the Fastest Pace in Two Years  ] AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)  ] BASED ON CONTINUED BAD NEWS ( ie., U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise       foreclosure sales up 2.4%, prices down 17% year over year,    [$$] Market Suffers Some Technical Damage         Stocks tumble on bleak outlook for world economy           U.S. regulators close their 40th bank of the year  ,   Next Major Move In Stock Market Will Be Down     world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Jim Rogers: “The Worst is Not Over” 6/9/2009      ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie.,  world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets , foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-22) ONLY MODEST LOSSES RELATIVE TO REALITY IN THIS SECULAR BEAR MARKET TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING [  Goldman Sachs on pace for record bonuses: report (Reuters)   ] BASED ON CONTINUED BAD NEWS ( ie.,  Insiders Exit Shares at the Fastest Pace in Two Years          [$$] Market Suffers Some Technical Damage         Stocks tumble on bleak outlook for world economy           U.S. regulators close their 40th bank of the year  ,   Next Major Move In Stock Market Will Be Down     world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better, market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Jim Rogers: “The Worst is Not Over” 6/9/2009      ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., world economy to shrink by worse than previously predicted 2.9% and big difference between not getting worse and getting better,  leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  Insiders Exit Shares at the Fastest Pace in Two Years          [$$] Market Suffers Some Technical Damage         -----     Existing home foreclosure sales up, and no profit discount car sales better than expected     Diluting like crazy through new stock bubble issues       Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-19) SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY  INTO THE CLOSE AS STOCKS END MIXED STILL IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie.,   U.S. regulators close their 40th bank of the year  ,   Next Major Move In Stock Market Will Be Down     market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets, foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-18) MORE TALK OF NEW REGULATORY SCHEME WHEN PROSECUTION AND DISGORGEMENT WOULD REALLY BLUNT INCENTIVE FOR WALL STREET FRAUDS PROSPECTIVELY, SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY  ON LEADING INDICATORS UP FAR MORE THAN EXPECTED … BULL S**T …BASED IN LARGE PART ON INFLATED STOCK PRICE COMPONENT … MORE BULL S**T … AS STOCKS END MIXED STILL IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., market got ahead of itself, stalled out, still depression/more job losses, higher oil-gas prices / higher interest rates / heavy debt to pare down is 1-3 year drag on economy, even if believed (I don’t) the labor dept. far better than expected job numbers by increased debt (spending) to produce same is not economically sound or sustainable, viz., record spending with record low revenues, rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., leading indicators up far more than expected … bull s**t …based in large part on inflated stock price component … more bull s**t … new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets ,  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-17) SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE AS STOCKS END MIXED IN DEFIANCE OF REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., rating cuts for bank sector, analysts concur in significant 5-15% (reality says 15-25%) pullback/correction for stocks , institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Jim Rogers: “The Worst is Not Over” 6/9/2009      Markets See a Breakdown in Technical Support Levels             Roubini: USA sees double-dip recession...     Dollar drops on reserve currency doubts      China sells US bonds to ’show concern’      BRICs May Buy Each Other’s Bonds in Shift From Dollar            China’s holding of US bonds drops first time in 11 months        Russia to Raise Reserve Currency Issue at BRIC              International Demand for Worthless U.S. Assets Slowed in April        IMF says worst not over        Senator cashed out during big stock collapse -- after meeting with Fed, Treasury chiefs!    America's AAA downgrade danger...        Treasury faces pressure on price of TARP exit      A depression so deep even teen shoppers scrimp      US cities may have to be bulldozed in order to survive         1st quarter wiped out $1.3 trillion for Americans     Get Ready for Inflation and Higher Interest Rates       Oil prices near $73 as energy rally continues      Fed Would Be Shut Down If It Were Audited        Fed says economy weak, but sees signs the slide increasing     Mounting deficits spark jitters about U.S. economy     Wall Street falls as realities dent recovery hopes     Bonds fall on worries about government's debt load (AP)      Oil prices strike new high for 2009 (AP)    The depression quietly deepens     CHINA AIRS FEARS ON DOLLAR, DEBT...          Oil hits 7-month high over $70... Yes, We’re STILL In a Depression      China Bank Wants U.S. Bonds Issued in Yuan       Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead   U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now            China explores buying $50bn in IMF bonds       US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner     ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., new reform with same old frauds say increased capital requirements and oversight of the overseers/rating agencies (riiiiight!…same old,same old - already have but no will to enforce existing laws, etc.), analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Venture Capital Bubble Set to Burst, Kedrosky Says     Obama Plans to Cut Bank Regulators, Allow Fed to Supervise Financial Holding Companies – The old fox guarding the henhouse tricks     Federal Reserve unwisely to gain power under plan      Federal Reserve Foolishly To Be Given Sweeping New Powers        Yen Strengthens Most in Month as Asian Stocks Drop, Gold Gains        RUSSIA CHALLENGES WORTHLESS DOLLAR...    AIG says former top exec plundered retirement plan     [video] The Too-Big-to-Fail Problem [6.8 min] (at MarketWatch)     [$$] Too Big to Solve? (at The Wall Street Journal Online)          Buy and Hold Is Dead. Long Live Buy and Hold!     Financial Bailout Plan Keeps Zombie Banks Alive       Bernanke then as now in denial about looming crisis 2005-2007              Retail sales, drop in jobless claims to a very high even if believed 601,000 yielding record continuing claims of 6.8 million fuel hope…if you’re a dope     Lawmakers blast Fed, Treasury for BofA "threats"       Oil climbs over $73 on hopes for rising demand     U.S. Household Worth Fell by $1.3 Trillion in First Quarter       Predictions of $250 a barrel on oil        ECB Fears Reality of Banking Crisis in 2010: Report        Get Ready for Inflation and Higher Interest Rates      Bill To Audit Federal Reserve Now Has 209 Co-Sponsors        Russia May Swap Some U.S. Treasuries for IMF Debt        Fed report shows losses on Bear Stearns, AIG holdings      Congress subpoenas the Fed ... Finally! (AP)        Brazil in recession, recovery unlikely this year       What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys       Obama Tells American Businesses to Drop Dead      America’s Fed Addiction        “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe”       Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills       WIRE: Obama Tells American Businesses to Drop Dead...  Long-Term Economic Memory Loss    Obama’s economic model versus reality     Reality bites Internet as 1Q ad sales fall 5 pct (AP)      CHINA AIRS FEARS ON DOLLAR, DEBT        government reports better than private estimates…riiiiight!  President of the Federal Reserve Bank of Kansas City Warns of Oligarchy        U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now         Benefit spending soars to new high    $100 Billion Bailout For IMF Tagged On To War Funding Bill        Economic recovery is wishful thinking          Gold, Silver Climb as Dollar Falls      OPEC: OIL COULD REACH $90...        -----     Existing home foreclosure sales up, and no profit discount car sales better than expected     Diluting like crazy through new stock bubble issues       Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-16) SECULAR BEAR MARKET AND ONLY MODEST LOSSES RELATIVE TO REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., analysts concur in significant 5-15% pullback/correction for stocks, institutional selling,  industrial production/construction down 1.1%, housing starts allegedly up but if believed will only increase the plethora of unsold inventories, empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-15) SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE TO FINISH WELL OFF THE LOWS WITH MODEST LOSSES RELATIVE TO REALITY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., empire manufacturing index suffers unexpectedly severe decline…daaaah!, credit dard defaults at record high, analysts concur that fundamentals don’t support stock rally and that pac money(defacto bribes) might derail any meaningful reform/regulation which is of concern to the frauds on wall street who should be prosecuted, record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc.,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-12) HOW MANY TIMES CAN THE WALL STREET FRAUDS, WITH CYCLICAL REGULARITY, DO THE SAME OR SIMILAR FRAUD WITH IMPUNITY (STILL NOT ONE PROSECUTION IN THE MOST RECENT  MASSIVE SECURITIES FRAUD, BUT PLENTY OF OBFUSCATION EMANATING FROM THE PERPETRATORS AS WELL AS THOSE WHO SHOULD BE PROSECUTING /PURSUING THEM) NOW REFLATING THE STOCK MARKET BUBBLE BASED UPON NOTHING AT ALL (BAD NEWS,FRAUD AND BULL S**T), CHANGING ACCOUNTING RULES TO FACILITATE THE COMMISSIONABLE BUBBLE FROM WHICH THE SOURCE OF FUNDS TO EVEN PAY BACK LOANS TO AVOID SCRUTINY OF THEIR NEW FRAUD IS GENERATED [SAVINGS AND LOAN DEBACLE, DOT.COM SELL THE SIZZLE BUST /DEBACLE, RECYCLED /REPACKAGED /RESOLD /RECOMMISSIONED WORTHLESS COLLATERALIZED SECURITIES /PAPER (IN THE TRILLIONS YET STILL NOT ADDRESSED), ETC., THE FRAUDS ARE GETTING LARGER, HENCE THE RIDICULOUS TOO BIG TO FAIL MANTRA … HOW PATHETIC! … THAT MONEY HAS TO COME FROM SOMEPLACE, IE., PRINTING, CREATING, YOUR POCKETS, … NOT OUT OF THIN AIR! ] ,  300 - 1,000+ % SWING TO THE UPSIDE INTO THE CLOSE IN THIS SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., record loss of wealth, higher gas prices, job losses, higher interest rates / yields, higher commodity prices, higher deficits, hyperinflation, record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-11) MODEST LOSSES WITH SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie.,  budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-10) INFLATIONARY DEPRESSION IS THE CALL EVEN AS SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY CONTINUES TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie.,  Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets The depression quietly deepens     CHINA AIRS FEARS ON DOLLAR, DEBT...          Oil hits 7-month high over $70... Yes, We’re STILL In a Depression      China Bank Wants U.S. Bonds Issued in Yuan       Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead   U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now            China explores buying $50bn in IMF bonds       US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner     ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Congress subpoenas the Fed ... Finally! (AP)        Brazil in recession, recovery unlikely this year       What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys       Obama Tells American Businesses to Drop Dead      America’s Fed Addiction        “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe”       Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills       WIRE: Obama Tells American Businesses to Drop Dead...  Long-Term Economic Memory Loss    Obama’s economic model versus reality     Reality bites Internet as 1Q ad sales fall 5 pct (AP)      CHINA AIRS FEARS ON DOLLAR, DEBT        government reports better than private estimates…riiiiight!  President of the Federal Reserve Bank of Kansas City Warns of Oligarchy        U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now         Benefit spending soars to new high    $100 Billion Bailout For IMF Tagged On To War Funding Bill        Economic recovery is wishful thinking          Gold, Silver Climb as Dollar Falls      OPEC: OIL COULD REACH $90...        -----     Existing home foreclosure sales up, and no profit discount car sales better than expected     Diluting like crazy through new stock bubble issues       Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

(6-10) SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY TO KEEP SUCKERS SUCKERED AND COMMISSION DOLLARS FLOWING BASED ON CONTINUED BAD NEWS ( ie., record continuing unemployment claims at 6.8 million, worthless Weimar dollar crashing,  money supply exploding with hyperinflation/higher interest rates coming, budget deficit at new highs and trade deficit worse than expected, analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Jim Rogers: “The Worst is Not Over” 6/9/2009     1st quarter wiped out $1.3 trillion for Americans     Get Ready for Inflation and Higher Interest Rates       Oil prices near $73 as energy rally continues      Fed Would Be Shut Down If It Were Audited        Fed says economy weak, but sees signs the slide increasing     Mounting deficits spark jitters about U.S. economy     Wall Street falls as realities dent recovery hopes     Bonds fall on worries about government's debt load (AP)      Oil prices strike new high for 2009 (AP)    The depression quietly deepens     CHINA AIRS FEARS ON DOLLAR, DEBT...          Oil hits 7-month high over $70... Yes, We’re STILL In a Depression      China Bank Wants U.S. Bonds Issued in Yuan       Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead   U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now            China explores buying $50bn in IMF bonds       US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner     ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., Analyst who called crash says inflationary depression, banks passed stress tests only with the help of fraudulent change in accounting rules, banks still insolvent, toxic assets even more toxic, dollar falling and a lot lower to go, $100 + oil by end of year, Obama/bernanke continuing failed policies of bush greenspan, recommends getting out of Dodge and u.s. assets   Retail sales, drop in jobless claims to a very high even if believed 601,000 yielding record continuing claims of 6.8 million fuel hope…if you’re a dope     Lawmakers blast Fed, Treasury for BofA "threats"       Oil climbs over $73 on hopes for rising demand     U.S. Household Worth Fell by $1.3 Trillion in First Quarter       Predictions of $250 a barrel on oil        ECB Fears Reality of Banking Crisis in 2010: Report        Get Ready for Inflation and Higher Interest Rates      Bill To Audit Federal Reserve Now Has 209 Co-Sponsors        Russia May Swap Some U.S. Treasuries for IMF Debt        Fed report shows losses on Bear Stearns, AIG holdings      Congress subpoenas the Fed ... Finally! (AP)        Brazil in recession, recovery unlikely this year       What a “Jobless Recovery” Really Means: A Massive Redistribution of Wealth from the Little Guy to the Big Boys       Obama Tells American Businesses to Drop Dead      America’s Fed Addiction        “87 Percent of [Chinese] Respondents Believe China’s u.s. Dollar-Assets are Unsafe”       Fed Said to Retreat From Seeking Power to Sell Its Own Debt/Bills       WIRE: Obama Tells American Businesses to Drop Dead...  Long-Term Economic Memory Loss    Obama’s economic model versus reality     Reality bites Internet as 1Q ad sales fall 5 pct (AP)      CHINA AIRS FEARS ON DOLLAR, DEBT        government reports better than private estimates…riiiiight!  President of the Federal Reserve Bank of Kansas City Warns of Oligarchy        U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now         Benefit spending soars to new high    $100 Billion Bailout For IMF Tagged On To War Funding Bill        Economic recovery is wishful thinking          Gold, Silver Climb as Dollar Falls      OPEC: OIL COULD REACH $90...        -----     Existing home foreclosure sales up, and no profit discount car sales better than expected     Diluting like crazy through new stock bubble issues       Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-9) SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., Yes, We’re STILL In a Depression      China Bank Wants U.S. Bonds Issued in Yuan       Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead   U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now            China explores buying $50bn in IMF bonds       US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner     ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie.,  Long-Term Economic Memory Loss    Obama’s economic model versus reality     Reality bites Internet as 1Q ad sales fall 5 pct (AP)      CHINA AIRS FEARS ON DOLLAR, DEBT        government reports better than private estimates…riiiiight!  President of the Federal Reserve Bank of Kansas City Warns of Oligarchy        U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now         Benefit spending soars to new high    $100 Billion Bailout For IMF Tagged On To War Funding Bill        Economic recovery is wishful thinking          Gold, Silver Climb as Dollar Falls      OPEC: OIL COULD REACH $90...        -----     Existing home foreclosure sales up, and no profit discount car sales better than expected     Diluting like crazy through new stock bubble issues       Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

(6-8) FAKE GOVERNMENT JOBS REPORT FUELS SECULAR BEAR MARKET PROGRAMMED SUCKERS RALLY TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., Fake government job loss report near 40% better than private forecasts…I don’t think so!…9.4% unemployment rate…try well over 10% and with stopped looking included over 20% , Jim Rogers CNBC - Jun 4th, 2009 - Currency Crisis Ahead   U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now            China explores buying $50bn in IMF bonds       US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner     ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., government reports better than private estimates…riiiiight!  President of the Federal Reserve Bank of Kansas City Warns of Oligarchy        U.S. unemployment hits record but job losses slow if you foolishly believe fake government reports near 40% better than private estimates - I don’t think so! …now         Benefit spending soars to new high    $100 Billion Bailout For IMF Tagged On To War Funding Bill        Economic recovery is wishful thinking          Gold, Silver Climb as Dollar Falls      OPEC: OIL COULD REACH $90...        -----     Existing home foreclosure sales up, and no profit discount car sales better than expected     Diluting like crazy through new stock bubble issues       Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-5) SHORT-COVERING/SUCKERS RALLY TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner     ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., government reports slightly better than private estimates…riiiiight!  Benefit spending soars to new high    $100 Billion Bailout For IMF Tagged On To War Funding Bill        Economic recovery is wishful thinking          Gold, Silver Climb as Dollar Falls      OPEC: OIL COULD REACH $90...        -----     Existing home foreclosure sales up, and no profit discount car sales better than expected     Diluting like crazy through new stock bubble issues       Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

 

(6-4) SHORT-COVERING/SUCKERS RALLY TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner     ----- mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie., government reports slightly better than private estimates…riiiiight!  Benefit spending soars to new high    US retailers report May sales declines    Tiny Tim says dollar assets safe...    Laughter from audience...      Why The Chinese Laughed At Geithner               [$$] SEC Unveils Civil Charges Against Former Countrywide CEO Mozilo (at The Wall Street Journal Online)      Financials, surging commodities lift Wall Street (Reuters)      Countrywide's Mozilo charged with fraud    Review: Dazzling Palm software beats the iPhone (AP)      Bond Market Blowout       Fail, Fail, Fail, Fail      Rising Interest on Nations’ Debts May Sap World Growth       Goldman Raises Year-End Crude Forecast by 31% to $85        Benefit spending soars to new high  

 

Tiny Tim says dollar assets safe...    Laughter from audience...       Why The Chinese Laughed At Geithner  Paul Craig Roberts | The red ink that Washington is generating is a far greater threat to Americans than any foreign “enemies.”               

(6-3) ONLY MODEST LOSSES RELATIVE TO REALITY WITH PROGRAMMED SHORT-COVERING/SUCKERS RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS ( ie., mortgage apps. down, service sector job losses/factory orders worse than expected, new record continuing unemployment claims, bernanke spend more money you don’t have but cut debilitating deficit…riiiiight…sounds like a plan with more job losses to come, etc., Economic data disappoint, indicate slow recovery     Worse-than-expected economic data thwarts rally      Jobless rates in U.S. cities zoom higher in April      Sector Snap: Homebuilders tumble (AP)       As the Dollar Falls Off the Cliff …    Bernanke warns on deficits as Treasury rates rise   -----        GOV'T OWES RECORD $63.8 TRILLION...         The Big Collapse Is Very Near    Dollar Declines as Nations Mull Reserve Currency Alternative     AND BULL S**T ALONE (ie., $100 Billion Bailout For IMF Tagged On To War Funding Bill        Economic recovery is wishful thinking          Gold, Silver Climb as Dollar Falls      OPEC: OIL COULD REACH $90...        -----     ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! 

(6-2) SUCKERS’ RALLY CONTINUES TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS The Big Collapse Is Very Near       U.S. auto sales drop, but rays of stability seen      Economic crisis boosts distrust of business: watchdog    Dollar Declines as Nations Mull Reserve Currency Alternative     Grand Theft Auto: How Stevie the Rat bankrupted GM       Gold, Silver Climb as Dollar Falls    Home foreclosure sales up, no profit discount car sales better than expected  

Diluting like crazy through new stock bubble issues    YAHOO…To that point, Moody's stated that it expects U.S. rated banks will incur some $470 billion pretax loan losses and write-downs in 2009 and 2010, and also expects many banks will be unprofitable this year. Moody's is keeping a negative outlook on the banking industry rating and the industry's credit outlook. …Semiconductor stocks (-3.3%) showed weakness for the entire session. Their downturn came after Applied Materials (AMAT 11.61, -0.44) chief executive Mike Splinter stated that there will be more failures in the semiconductor equipment sector amid declining customers, according to Reuters...  Sacrifices are needed to save GM, Obama tells Americans Guardian | “Difficult times lie ahead,” said Obama. “More jobs will be lost, more plants will close. More dealerships will shut their doors and so will many parts suppliers.” The Big Collapse Is Very Near Robert Wenzel | The end of the current financial system, as we know it, is imminent.   Today we’re all prisoners in the USA    Ted Rall | Obama wants to let government goons snatch you, me and anyone else they deem annoying off the street so if true, then It’s increasingly evident that Obama should resign     Grand Theft Auto: How Stevie the Rat bankrupted GM Greg Palast | Stevie the Rat’s plan is nothing less than Grand Theft Auto Pension.     (6-1)  MORE CAN’T BE SAID, SO PREPOSTEROUS WAS THIS TYPICALLY FAKE BETTER THAN EXPECTED (RIIIIIGHT!) COMMERCE DEPARTMENT DATA SUCKERS’ RALLY TO KEEP SUCKERS SUCKERED BASED ON CONTINUED BAD NEWS AND BULL S**T ALONE  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME! Most U.S. retailers likely saw sales fall in May     GM files for bankruptcy, urges quick action    GM: A Mighty Icon Files for Bankruptcy      Dow gets shake-up as GM, Citi kicked out of average       GM removed from S&P 500 index (AP)      Stocks Will Fall 37% and Gold Will Rally %       Even in Crisis, Banks Dig In for Fight Against Rules New York Times | The nine biggest participants in the derivatives market — including JPMorgan Chase, Goldman Sachs, Citigroup and Bank of America — created a lobbying organization, the CDS Dealers Consortium, a month after five of its members accepted federal bailout money.     Zoellick Warns Stimulus ‘Sugar High’ Won’t Stem Unemployment Bloomberg | World Bank President Robert Zoellick warned policy makers that fiscal-stimulus plans are insufficient to turn around the “real economy”        (5-29) PROGRAMMED TRADES/SUCKERS’ HIGH OIL/LOW DOLLAR (RIIIIIGHT!) RALLY INTO THE CLOSE TO KEEP SUCKERS SUCKERED BASED ON BAD NEWS ( ie.,  GOV'T OWES RECORD $63.8 TRILLION...         Dollar Falls Most In A Month Since 1985    Leap in U.S. debt hits taxpayers with 12% more red ink        Gold jumps above $970/oz as dollar weakens          Double-Dip Depression  , New Record Continuing Unemployment Claims,    Marc Faber: “I Am 100% Sure that the U.S. Will Go Into Hyperinflation”         Why We'll  See Another Serious Equities Sell-Off      Obama continuing Bush’s assault on the middle class       Government will now own 72.5% of 'New GM'...         Roubini: U.S. economy to  dip again next year...         Case-Shillers index shows new record decline in real estate prices,    $80+ oil coming this year    Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars          Waterboard the Fed      Obama: We Are Broke. Well, Duh!            Russia Rationally Dumps Dollar as Reserve Currency - Adopts Euro   ,    new record for continuing unemployment claims, fed downgrades outlook that previously provided b.s. for suckers’ rally, record low for new housing starts, etc.) AND BULL S**T ALONE (ie.,   Market Manipulation/Fraud: How Financial Markets Really Work         Economist Warns Fed Will Bring About Zimbabwe Style Hyperinflation     The $4 trillion housing headache (at Fortune)  foreclosure sales up, prices down  ,  ‘SELL IN MAY AND GO AWAY’, so SELL/SELL INTO RALLIES/STRENGTH/ TAKE PROFITS WHILE YOU STILL CAN SINCE MUCH, MUCH WORSE TO COME!    (5-28) Sowell: Government’s Current Role in Business the ‘Route’ to Fascism         Foreclosure woes mount for those with good credit         Fed Finds a Way to Use Stress Tests to Screw Bank Shareholders One More Time (at Seeking Alpha)      Time Warner to spin off AOL, ending ill-fated deal      [$$] Listen, But Don't Get Suckered      Faber: Inflation to 'Approach Zimbabwe Level'...    U.S. Weighs Single Agency to Regulate Banking Industry Yet Ignores Existing Laws, Prosecution, and Disgorgement in this Huge Fraud…Why   (5-27)  Britain's Debt Outlook Gets Bleaker: Same Implications for the U.S…how could anyone be surprised about that?              Regulators shut 2 more, 35 and 36, failed banks this year in Illinois (AP)     GM borrows $4 billion more, prepares for bankruptcy    Job losses up in 44 states as recession drags on        Florida's BankUnited fails, will cost FDIC $4.9B (AP)     Regulators seize 34th bank failure of year Florida's BankUnited FSB (AP)     Treasury Selloff Spiking Interest Rates      GM bankruptcy seen near          GM all but certain to file for Chapter 11    US Government to Take Up 70% Stake in GM          FDIC Fund Running Dry  Yahoo Finance | As the FDIC has had to step in to take over more and more insolvent banks, the fund has dwindled to dangerously low levels. At the same time, the number of problem banks continues to grow at a rapid pace.     IRS tax revenue falls along with taxpayers’ income USA Today | Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981.    (5-26)  fake consumer confidence reading 30+% better than private estimate sucker-rallies stocks ,   Current Recession Is Tracking the 1930s Bear Market   ,  Another Bottom for Stocks Coming: Rogers (at CNBC)   ,  The Sleepwalkers' Rally         ,  Rogers Echoes Warning Of “Sucker’s Rally” , don’t forget that the suckers rally stock prices accounted for the very modest but ephemeral uptick in leading indicators        Dallas Federal Reserve: Unfunded Pension and Health-Care Liabilities Exceeds $99 Trillion Dollars    )  , (5-22) Regulators shut 2 more, 35 and 36, failed banks this year in Illinois (AP)     GM borrows $4 billion more, prepares for bankruptcy    Job losses up in 44 states as recession drags on        Bill to Audit Fed Wisely Gains Serious Momentum       U.S. to Steer GM Toward Bankruptcy       Gold tops $960 for first time in two months as dollar weakens      South Afica gold coin demand hits all time high     Peter Schiff called “Extremist” by Time Magazine      Geithner Vows to Cut U.S. Deficit on Rating Concern…riiiiight!…con