SyndicateTwo's Stock Board

[bbqporkwings]

S2, Both of your business cycles calls were right on. Uncannily accurate. The Dec 17 turn was stopped at Christmas...unfortunately, and the Mar 22/23 was another turn. So on the date that it certainly reinforces and supports your reasons for getting excited. I wish there wasn't this financial crap tethered to the markets to shunt them in the swing. But Mr Market doesn't want to make it easy, does he? When does the next cycles come about? As we start yet another ¼ of earnings and with so much of the S&P weighted with financials, I think that we'll have some more pull back. Hopefully not as severe as the last one, and 100 X the hope that they get the write downs done with. I'm afraid that they'll linger these write downs all year. With the scope of the credit swap crap, I think they may take a long time. I'd sure like to just flip long side shares and maybe even hold them and make some profit.

Reading on that Mish's blog about LEH having $600M in debt depreciation to cut $489M profit this ¼ and GS moving 1%($87B) from level 2 to level 3 to produce these 'great' ERs that were ½ of last year's same ¼. WooHoo, That sure got the market moving ....for a couple days. I think "the boy's" will be wanting back in ahead of the turn and we might have higher lows.

Wishful think?