Friday, February 27, 2009

THERE GOES THE GOOD SHIP LOLLYPOP!

http://briefing.com/Investor/Public/Calendars/EconomicCalendar.htm IMAGINE GDP WORSE than expected? revised to down 6.2% !!!

I show 15M chart of dbl bottom 752 SPX, forgettaboutit....now 742 was LOWS.....futures POINT to -17 so that's gonna blow

FUGLY............where it ends nobody knows...OBAMA plan seen as tits on a boar....stim dont stim.....taxes rising OMG! entitlements GROWING.....2 sided mouth plan where we haaa CUT the deficit in half by 2012 yet SPENDING GROWS>>>???

GOV spending takes away from private sector, biz spending and investment...imagine the best bitter meds might be kerplop and consumer retrench (aren't they) cut spending, pay down debt.....increase savings.

GOV NO GOOD because my friends....is was HISTORIC EXCESSIVE DEBT that got us into this.....and it IS deflating, unwinding and it's SO BIG nothing can stop it

D

3 comments:

Anonymous said...

Dr. Brett just posted an article regarding insurance companies. Man, where does this trail end?

Anonymous said...

SSK
Why dont you post a link later for everyone, thx

D

Anonymous said...

http://traderfeed.blogspot.com/2009/02/looming-crisis-for-insurance-companies.html