Friday, August 31, 2007

twicky wabbits...Notice the Back Room Pallor At the height of Sun Tans

Bush decided to take Bernanke off the hook (out of the corner (closet) and will again prove his intelligence - like no other can! "Not only did Bush upstage Mr. Bernanke's eagerly awaited speech, but they came on the eve of a three-day weekend, the last day of the month and the last day of the fiscal year for some financial firms. "If you're introducing a major economic policy initiative that was going to address a major issue,wouldn't you wait until Tuesday? It's only four days away. If Bush and company wanted to really boost the markets - they would have introduced this at the close of Friday's markets - for the Boost on the following Tuesday. (So, at this juncture - and it is irresponsible forecasting on my part - above is what the Stars say - about Tuesday and the following week.) THE IRONY IS THAT MR. BUSH'S proposals may have served a function in goosing a very nervous stock market but aren't likely to yield much else than disillusionment." (-Barry Ritholtz)

"But for the “government”, which I thought was using taxpayer money (except for the $9 trln in debt it has borrowed), to bail out malinvestment is only to increase the problem. If you don’t punish your child for playing with matches, he may one day burn the house down." - - Bill Goss/Mr. Practical

I guess what comes to mind is the difference - aging - (picture above compared with the pictures below) that has happened to Bush between the photos. And of course, Bush is a Creationist - believing that man is NOT directly related to ape's and other monkeys.

Thursday, August 30, 2007

Relative Bear Markets at Current Values - Excellent

People are crying because it went from 14,000 to 13,000 - Actually bear markets begin slowly - people do not really adjust until they go from "denial" to "fear"

Click on Picture to ENLARGE

Wednesday, August 29, 2007

Mixed Signals

A Reverse Head and Shoulders - predicting the market to rise from the lowest point of the head to an equal amount above the neckline - a line drawn from the highest point of the shoulders. The right shoulder will be completed (in this case) at 147 and the increase should be to 154. This is what technicians follow as one of their rules - but there is also a phrase - "a failed head and shoulders"
click on image to make larger

click on image to make larger

From Brian at AlphaTrends

Monday, August 27, 2007

John Wesley Harding - via tim

Rear View Mirror - What's that coming down the road?

Maybe you're insecure
Neck deep in life's manure
Maybe your heart's impure
Inured to all small compensations

Maybe you're born to lose
Could be caught out or confused
Wearing the condemned man's shoes
Worn out, beyond a warning

There might be one million ills that ail ya
But why do you take pleasure in other peoples failure?

Each day since time began
You'll meet a modest man
Who says he understands
Your plans, your dreams, your schemes, your feelings

But rather you than me
That's his mentality
He's a slave to gravity
And he watches laughing as you fall down

He doesn't even have to nail ya
That's why he takes pleasure in other people's failure

It is a rule of thumb
Inside the coliseum
That when the time will come
We'd rather see the losers slaughtered

And no-one can resist
This vicarious kiss
It is our greatest bliss
The twist that gives success its flavor

A psychopathic psychedelia....
That's why we take pleasure in other people's failure

We all need to be in therapy - don't we....tim

schadenfreude — "enjoyment of other persons' misfortunes — is almost the national pastime." - George Will