HANG ON America......SIXTH straight losing week for U.S. STOCKS

[pavyracer]

It will fall all the way down to 9,000 before it goes up again.

[Deep_Rest]

VIX, FAZ

[wtf]

i think this bitch is about to get much uglier, i posted this two months ago when market was riding high, of course numerous posters said no way.....

[jarvol]

VIX, FAZ

and TZA and SOXS. Great ways to make a bundle in the course of a day.

[ACoochy]

This is a short sellers wet dream

[Fishhead]

I'm advising all posters to abandon the stock market unitl at LEAST MID JANUARY, 2013

[bb_skoots]

what will change between now and mid jan 2013?

[The Madcap]

That's when the next election cycle's winners will be sworn in. Meaning we could have a new President and congress.

Whether or not that will actually change anything, well, a man can dream can't he?

[thartley59]

Interesting watching this market

[ACoochy]

what will change between now and mid jan 2013?

A cyclical correction....

[BWest]

Investor confidence is low. People stay in the market because they feel there are so few alternatives.

[Fishhead]

Investor confidence is low. People stay in the market because they feel there are so few alternatives.

LAZY is another common theme............

[jarvol]

and TZA and SOXS. Great ways to make a bundle in the course of a day.

You guys should've listened to some good calls in this thread.

[ferndog]

This is a good time to get in because you know where this is headed. People need to calm down. When you see the parking lot on a weekend at your local Walmart store empty then start to worry.

[jarvol]

This is a good time to get in because you know where this is headed. People need to calm down. When you see the parking lot on a weekend at your local Walmart store empty then start to worry.

Yes while markets historically overshoot to both the upside and downside, GDP is near flat and the housing market still in the shitter so IF consumers pull back again then you get the downward spiral of negative GDP, double dip recession, and a worse labor market and the market appears to be pricing in at least some of this. The federal gov't already shot their useless wad on stimulus and the FED has already had 2 rounds of QE. Rates can't go much lower. The market looks like it is pricing in a new reality. Do not try to catch a falling knife.

[ByeShea]

The market looks like it is pricing in a new reality. Do not try to catch a falling knife.

Very wise.

Someone always gets rich buying the bottom, but a lot more guys get hurt trying to be a hero.

[Fishhead]

The talking heads on CNBC and Bloomberg remind me of the "advisors" who told farmers to sell corn at $4(close to $7 now).

The mantra now being preached by the talking heads is that "stocks are cheap" "buy now and hold for the long term". The reasoning is that stock price is determined by earnings not political events and that profits have been great in companies the past three years (since the crash).

What they are not telling you is that those profits in most cases were achieved by slashing payrolls, and pushing completed inventories out the door. Sales in most profitable companies (except Apple) have been either static or declining. These companies will see the stock continue to deteriorate. Case in point is Goldman Sachs which has fallen from 165 to 125, and they and Morgan Stanley and JP Morgan, and the Royal Bank of Scotland have been shedding employees to improve their bottom line.

These profits are not real, real profits come from increased sales, not cutting employees and pushing finished inventory out the door. The true picture is that these companies are in a death spiral, they are becoming middlemen who are nothing more than importers anymore, bringing in cheap goods from slave labor companies and selling them to the sheeple here in the US.

We now have 44,000,000 people standing in soup lines, and 20,000,000 people who need jobs, and factories are still being shuttered and shipped to the third world.

It is time to place America First not some school or public works in Iraq, Afghanistan, or Pakistan. This government had better tighten its belt and start acting like businessmen and protect the fiction we now call the U.S. Economy. Our agricultural products will either be purchased by China et.al. or they will face revolution among their citizens.

Should anyone holding stocks be paniking? Yes, they should be, and they should be selling over 90% of their stock portfolio.

[No coincidences]

The talking heads on CNBC and Bloomberg remind me of the "advisors" who told farmers to sell corn at $4(close to $7 now).

The mantra now being preached by the talking heads is that "stocks are cheap" "buy now and hold for the long term". The reasoning is that stock price is determined by earnings not political events and that profits have been great in companies the past three years (since the crash).

What they are not telling you is that those profits in most cases were achieved by slashing payrolls, and pushing completed inventories out the door. Sales in most profitable companies (except Apple) have been either static or declining. These companies will see the stock continue to deteriorate. Case in point is Goldman Sachs which has fallen from 165 to 125, and they and Morgan Stanley and JP Morgan, and the Royal Bank of Scotland have been shedding employees to improve their bottom line.

These profits are not real, real profits come from increased sales, not cutting employees and pushing finished inventory out the door. The true picture is that these companies are in a death spiral, they are becoming middlemen who are nothing more than importers anymore, bringing in cheap goods from slave labor companies and selling them to the sheeple here in the US.

We now have 44,000,000 people standing in soup lines, and 20,000,000 people who need jobs, and factories are still being shuttered and shipped to the third world.

It is time to place America First not some school or public works in Iraq, Afghanistan, or Pakistan. This government had better tighten its belt and start acting like businessmen and protect the fiction we now call the U.S. Economy. Our agricultural products will either be purchased by China et.al. or they will face revolution among their citizens.

Should anyone holding stocks be paniking? Yes, they should be, and they should be selling over 90% of their stock portfolio.

Sharp post Fish.

The day the U.S. elected a puppet (Reagan) to connect big business with big government and CEO's began to realize the value in shipping blue-collar jobs overseas to destroy the middle class and create golden parachutes for themselves is the day this country began to die. It's been on a slow death spiral ever since, and there's no unringing the bell.

[jarvol]

USDA released report where nearly 1 in 7 Americans or 45.8 million people used food stamps in May. Pure absurdity.

[ferndog]

Yes while markets historically overshoot to both the upside and downside, GDP is near flat and the housing market still in the shitter so IF consumers pull back again then you get the downward spiral of negative GDP, double dip recession, and a worse labor market and the market appears to be pricing in at least some of this. The federal gov't already shot their useless wad on stimulus and the FED has already had 2 rounds of QE. Rates can't go much lower. The market looks like it is pricing in a new reality. Do not try to catch a falling knife.

I agree market moving too fast down but unless technicals change still short my friend.

[jarvol]

Push it down!
Push it down!
Way down!

[BigdaddyQH]

-634 today. i see that some of you guys do about as well in the Stock Market as you do when you wager in Football. Oh Wait. They are going to close all of your Off Shore Sites down. Oh well.

[Dutch]

The mantra now being preached by the talking heads is that "stocks are cheap" "buy now and hold for the long term".

Do you just make shit up?

I've been watching CNBC all day and the only thing I've heard from several talking heads is "Do not buy, hold off on buying until this thing levels out."

I was going to use bold print, but then I remembered I'm not an attention whore.

[Emily_Haines]

Unreal how the government bans you from off shore wagering but encourages you invest money in the most corrupt market ever seen in the history of mankind.

[blackbox]

US of A first--we cannot help others if we are not healthy ourselves. And believe me no others will step forward. gl all.

[rkelly110]

Agreed, Emily. Bring off shore home. Job creation. Tax revenue.

[topgame85]

Do you just make shit up?

I've been watching CNBC all day and the only thing I've heard from several talking heads is "Do not buy, hold off on buying until this thing levels out."

I was going to use bold print, but then I remembered I'm not an attention whore.

Apparently you were NOT watching from about 9am-1230pm, everyone was hyping the market up saying the downgrade meant nothing so much value etc. Only AFTER the market really started to blow its load did they switch their tone....

[Dutch]

Apparently you were NOT watching from about 9am-1230pm, everyone was hyping the market up saying the downgrade meant nothing so much value etc. Only AFTER the market really started to blow its load did they switch their tone....

I started watching at 8am. And watched all day up to Mad Money, as I do pretty much every day. The talking heads saying stocks are cheap, that there are good deals to be had etc. isn't exactly a bullshit mantra.

Some people panic when the market goes down, they start running around crying about the sky is falling.

Some people realize stocks are on sale, most only at a 2-4% sale, but still on sale.

[Fishhead]

Apparently you were NOT watching from about 9am-1230pm, everyone was hyping the market up saying the downgrade meant nothing so much value etc. Only AFTER the market really started to blow its load did they switch their tone....

....followed up by Larry Krudlow beaming "DON'T PANIC".........."THE U.S. IS O.K.".

[Fishhead]

and people still laughing at me and telling me how stupid I am to empty my 401K. I suggest you take that shit out of there before the shit starts hitting the fan.

Two months ago you posted this...............CONGRATS!!!!!

NICELY DONE...........HOPE OTHERS FOLLOWED ON THIS SITE.