Replies to post #24095 on Fiends In Stocks

[DeepBlue1]

God I love video! It was a real treat to see those ignorant, arrogant laughing hyenas getting shown for what they are. You'd think that'd shame them into crawling back under the rocks from whence they came but you'll see them back peddling and rewriting and "explaining what they REALLY meant" again on the weekend Fox Noise stock shows. I guarantee it.

Schiff is a true American Hero for standing up to those punks and perma-cheerleaders who've screwed SO MANY with their ridiculous crap.

I even watched a few other youtube vids of him after seeing that one. The one linked below is from the Bill Maher show where he invited the putz who'd made a bet with Schiff. You should see him "splaining" and rewriting to Maher. They never learn and they never admit fault.

He's to be commended for his foresight in this matter, but I don't agree with him when he says in another video that injecting more capital into the market isn't the solution to this problem. I'll stick with Corzine, Welch, and the plethora of other economic pros who I respect and who believe that IT IS the solution.

I liken him to myself in one respect...I always was an excellent diagnostician when it came to engine problems with my cars and others'. I could always, and still can listen to an engine and diagnose with near perfect accuracy the problem in question. However...I was and am a LOUSY MECHANIC. I never wanted to get greasy and bust my knuckles and so never bought the tools necessary to actually fix an engine, preferring to do my job and use that money to pay a pro to do the engine work rather than waste my time and energy doing it myself.

So for diagnostics, he gets an A+++....for the 'mechanics" of the situation I suggest he leave that to the "hands-on" pros.

[DeepBlue1]

Addition to my previous post...

He's to be commended for his foresight in this matter, but I don't agree with him when he says in another video that injecting more capital into the market isn't the solution to this problem. I'll stick with Corzine, Welch, and the plethora of other economic pros who I respect and who believe that IT IS the solution.

I liken him to myself in one respect...I always was an excellent diagnostician when it came to engine problems with my cars and others'. I could always, and still can listen to an engine and diagnose with near perfect accuracy the problem in question. However...I was and am a LOUSY MECHANIC. I never wanted to get greasy and bust my knuckles and so never bought the tools necessary to actually fix an engine, preferring to do my job and use that money to pay a pro to do the engine work rather than waste my time and energy doing it myself.

So for diagnostics, he gets an A+++....for the 'mechanics" of the situation I suggest he leave that to the "hands-on" pros.

I see you and I still agree that capital injections will eventually bring about hyper inflation and as I said once before...the previous high in gold(based on currently NON-INFLATED dollars) is equal to a price today of $2200.

I saw yesterday that the Fed has increased the money supply by a whopping 70% in the recent year+ also. I'm not sure just how to translate that directly into added inflation over and above the $2200 figure, but I'm fairly certain it'll be something substantial.

I don't think we're quite at the bottom yet, and I don't know what shape the bottom will take or how long we'll be there, but I do believe we're within 10-20 percentage points of the bottom, but the upcoming retail holiday season is going to send another MAJOR SHOCKWAVE through the market, at least through the retail investor and I think will bring another wave of selling and redemptions.

But even all this still points me toward the two week period just prior to the new year, through the two week period just after the new year as my BUYING TIME ZONE in which I'll start picking up things I intend to keep longer term.

As for today...I think you were right in a post on the Friendly Right Wing Money Making board when you predicted a small rally today. But I think it'll only serve to present another sweet opportunity to go short again for the weekend and that's what I'm going to be looking for.

I'm guessing it'll come near the end of the day