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I keep reading these stupid idiot morons who say that things will turn around.
Doesn't anyone care about the world we live in? Seriously, who the freak cares about MSFT,CSCO? As far as I am concerned all these companies can go to ####. The total donations from all of corporate America is something like $125 MIL.
Think about it. Everyone feels sorry for these companies. Poor things. AMAT gave a grand total of $250,000 so far and they have a market cap of $30 BILLION.
MSFT gave $5 MILLION. Market cap of $400 BIL or whatever it is. Are you kidding me? Insane. Bail these pieces of crap out?
Market having a hard time for many reasons here. I want to make it clear that although the tragic events of last week are takin their toll on the market, this selloff was inevitable regardless. What this event did was trigger things faster, thats all.
We will get a relieft rally. We have to bounce, no question, and my guess is that its TODAY. But stand by that the bottom has not been seen.
Two stocks that still have to crumble are MSFT and IBM. When they go, thats the bottom. People are still dumb enough to bid this stuff up, as though they are great Icons that will be immune to the market carnage. They will NOT be, sorry.
MSFT is worth $20 - $30, and IBM is worth $50 - $60. When they get there, let me know.
The Japanese government has pumped TRILLIONS into the economy and the Nikkei over the past 2 years. They have ZERO % interest. Every time they do so, the market screams higher - only to collapse to new lows.
The FED can pump whatever they want into the system. The bottom line is, though the market will rally, the Bear market is not nearly ready to give way to a new Bull market.
I'm sorry, but corporate America sucks. They are selfish and they do not care about this country. Too many years they have sucked things dry, and now they are getting the dessert that had to happen. The Fed is foolish if they try to bail out the companies instead of just letting the market go where it is meant to go. We are supposed to learn from others mistakes.
The smart man learns from his own mistakes, the WISE man learns from others mistakes. We are acting like FOOLS.
Analysts are awful. They came out and said that S & P would hit "target" in a year from now. Two months ago they said it would hit 1450 by year end. Last year they said 1650. Last year
she/he said to buy long JNPR at $200 and CSCO at $60s and BRCM at $175 or whatever. They are a TOTAL idiot. They all are. They know NOTHING. Just short every call they make and you'll get rich.
Give me a break. IBM gets a BUY today. Every software stock getting trashed and you should buy IBM at $96. Ah, yeah, OK. I'll watch for an in on IBM on the next rally so I can short it and ride it to $60s.
The market needs a makeover. EVERYONE thinks that this is only temporary, and that we will come back and make new highs. They are fooling themselves. Yes, we will have a new Bull Market. Absolutely. The days of your grandfather saying that he made his fortune in the market by buying and holding are GONE. Instead of looking at the strong stocks to rally, smart money shorts the strong knowing they MUST catch up to the others. Thats how Bear markets work.
Stop looking at stocks as investments. They are NOT! If anyone still thinks that we can not go lower, they are sadly mistaken. Dollar cost average down and you'll be left with $1. Stocks are here to be USED AND ABUSED (like women, heheh). They are here for US to make them a tool to control our financial destiny - PERIOD!
We rally here very shortly (today). Should be a very nice rally we can play safely. The kind kids love to Ka-chingo!
See ya on the other side, where the grass is green and the girls are pretty!
Pokemon
Doesn't anyone care about the world we live in? Seriously, who the freak cares about MSFT,CSCO? As far as I am concerned all these companies can go to ####. The total donations from all of corporate America is something like $125 MIL.
Think about it. Everyone feels sorry for these companies. Poor things. AMAT gave a grand total of $250,000 so far and they have a market cap of $30 BILLION.
MSFT gave $5 MILLION. Market cap of $400 BIL or whatever it is. Are you kidding me? Insane. Bail these pieces of crap out?
Market having a hard time for many reasons here. I want to make it clear that although the tragic events of last week are takin their toll on the market, this selloff was inevitable regardless. What this event did was trigger things faster, thats all.
We will get a relieft rally. We have to bounce, no question, and my guess is that its TODAY. But stand by that the bottom has not been seen.
Two stocks that still have to crumble are MSFT and IBM. When they go, thats the bottom. People are still dumb enough to bid this stuff up, as though they are great Icons that will be immune to the market carnage. They will NOT be, sorry.
MSFT is worth $20 - $30, and IBM is worth $50 - $60. When they get there, let me know.
The Japanese government has pumped TRILLIONS into the economy and the Nikkei over the past 2 years. They have ZERO % interest. Every time they do so, the market screams higher - only to collapse to new lows.
The FED can pump whatever they want into the system. The bottom line is, though the market will rally, the Bear market is not nearly ready to give way to a new Bull market.
I'm sorry, but corporate America sucks. They are selfish and they do not care about this country. Too many years they have sucked things dry, and now they are getting the dessert that had to happen. The Fed is foolish if they try to bail out the companies instead of just letting the market go where it is meant to go. We are supposed to learn from others mistakes.
The smart man learns from his own mistakes, the WISE man learns from others mistakes. We are acting like FOOLS.
Analysts are awful. They came out and said that S & P would hit "target" in a year from now. Two months ago they said it would hit 1450 by year end. Last year they said 1650. Last year
she/he said to buy long JNPR at $200 and CSCO at $60s and BRCM at $175 or whatever. They are a TOTAL idiot. They all are. They know NOTHING. Just short every call they make and you'll get rich.
Give me a break. IBM gets a BUY today. Every software stock getting trashed and you should buy IBM at $96. Ah, yeah, OK. I'll watch for an in on IBM on the next rally so I can short it and ride it to $60s.
The market needs a makeover. EVERYONE thinks that this is only temporary, and that we will come back and make new highs. They are fooling themselves. Yes, we will have a new Bull Market. Absolutely. The days of your grandfather saying that he made his fortune in the market by buying and holding are GONE. Instead of looking at the strong stocks to rally, smart money shorts the strong knowing they MUST catch up to the others. Thats how Bear markets work.
Stop looking at stocks as investments. They are NOT! If anyone still thinks that we can not go lower, they are sadly mistaken. Dollar cost average down and you'll be left with $1. Stocks are here to be USED AND ABUSED (like women, heheh). They are here for US to make them a tool to control our financial destiny - PERIOD!
We rally here very shortly (today). Should be a very nice rally we can play safely. The kind kids love to Ka-chingo!
See ya on the other side, where the grass is green and the girls are pretty!
Pokemon
