Option Millionaires

[ABXX]

ULTRA BEAR DOOM & GLOOM

Shrewd Investor/Businessman is "Very Concerned" about the situation in Europe and the pace of the recovery in the U.S., says "Europe reminds him of the cartoon of the man who jumps off a 25-story building and as he is huddling by the 6th floor he says 'don't worry, nothing has happened yet.'"
watch at 2:20min
http://video.cnbc.com/gallery/?video=3000087812

Zuckerman continues to say that Europe has not solved their problems and is just "kicking the can down the road," and says sooner or later Europe will be without the Fiscal or Monetary capability of being able to fix their problems of high unemployment and weak growth, concludes that Europe "is caught between a rock and a hard place," and he doesn't know how Europe is going to get out is their situation, which is a classic example of a "Catch-22" where they have to do drastic austerity measures to fix their debt and budget which hurts growth, but Europe needs growth at the same time to help pay back their debt...remember, collectively Europe is the largest economy in the world...

European Union as a whole is, by far, the wealthiest and largest economy in the world, topping the US by more than 2.000 billions at a time of great economic slowdown– see List of countries by GDP. In 2009 Europe remained the world's wealthiest region. Its $32,7 trillion in assets under management represented more than one-third of the world’s wealth. Unlike North America ($29,3 trillion) it was one of few regions where wealth surpassed its precrisis year-end peak
http://en.wikipedia.org/wiki/Economy_of_Europe

Zuckerman, CEO of Boston Properties, also thinks the U.S. is headed for a weaker economy later this year and the slow pace of job growth is a reflection of that...remember that Zuckerman is a very smart and shrewd businessman and is currently making BANK in San Fransisco & the Bay Area due to the Internet 2.0 Bubble in Silicon Valley, so naturally it's in his best interest to have a strong U.S. and Global economy, so I think it's pretty clear Zuckerman is being brutally honest...

Weak Jobs Data Crushes Stocks (5/4)
must watch, discussion includes Fed bashing, the rising Socialist movement in Europe, ie French candidate Hollande, the serious debt & economic issues in Europe...however everyone agrees the Fed and the ECB will print more money to keep the markets up...big summer correction coming before hand though...
http://video.cnbc.com/gallery/?video=3000088436

To commemorate and make my 1000th post significant, I have provided links to all of my Doom & Gloom Portals
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ABXX's Portals of Doom & Gloom:

Portal A: European Debt Crisis (enter)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75236823

Portal B: Internet 2.0 Bubble (enter)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75240979

Portal C: Cloud Bubble (enter)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=75241067
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Portal D: Interdigital (IDCC) Failure to Sell Company/Patent Portfolio (enter)
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=74696588

IDCC 8/13/11 to 5/4/12...EPIC FAIL
http://www.google.com/finance?q=idcc

Lies!
http://www.bloomberg.com/news/2011-09-09/intel-said-to-weigh-interdigital-bid.html

http://www.reuters.com/article/2011/08/17/us-interdigital-idUSTRE77G40Y20110817

More Lies!
http://wirelessledger.com/Jefferies_Note_7-21-11.pdf

Dreams
http://wirelessledger.com/Mpartners_morning_note_2011_11_9.pdf