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pokerman000222

08/08/12 6:40 PM

#2531 RE: dotnet #2530

dotnet. You make quite the abstute observations I see.

http://stockcharts.com/h-sc/ui?s=tbt

As you can see by this chart, I think the Fed chair is about as useless as the hair on my elbow. ...In case there are ladies on board.

Wheat, Beans, and most importantly Corn are at all time highs. Twice margin reqs, were increased, and futures traders laughed it off.

The Olympics are almost over.

None of those things by themselves could call a complete Market/Interest rate cyclical turnaround.

However, I recently took a rather substantial position in AA.

http://stockcharts.com/h-sc/ui?s=aa

A long term chart of Alcoa. Makes this a no-Brainer. Quantitative easing broke this company. Its balance sheet and cash flow, makes it a lagger/leader unless they start chasing rates, then it becomes a leader/lagger. If I am correct, it will slingshot higher, in violent fashion for a Dow stock. Which should make the World very, very nervous.

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pokerman000222

08/09/12 2:26 PM

#2536 RE: dotnet #2530

Many players in the market might wish I had just died, I suppose.

In some ways I feel as though my trading is like the "Black Plague" of Stock Market/Real Estate/wild valuation distruptions.

My basic philosophy resolves around the idea that wealth is created from mining, manufacturing and agriculture. Everything else is mere re-distribution of said wealth.

Thanks to Governments, and media, a complete and total Fracturing of factual information occurred in the distribution of this basic fundamental fact due to partisan friction.

Once enough time has gone by.....This friction, builds up enough excess heat( soft money) for a guy like me to make a lot of....

Usually this means a meltdown of sorts. Or a melt-up.

What if we have Hyper-Inflation?

There certainly is enough currency to create such a panic. This fed is far to weak to bring in that cash fast enough.

Bernanke is percieved by guys like me to have the heart of a gnat.

Geithner is a wimpy school girl who was emaculated before he got beat up be the girls in his all boys boarding school.

So....what is there not to panic about, with these two heroes in charge during a crises?