Wednesday, June 24, 2009

PM MARKET WRAP

I have a bridge in London I want to sell you, the federal reserve wants you to think they are on OUR side , all dealings like with Bank Of America were nothing but in everyones best interest.

If you think it sounds like a good idea to print money out of thin air, spend $1Trillion a year more than you bring in, send money to the banks thru Fed Reserve and Treasury and no one can account for where it went.

Even Ron paul isnt yelling loud enough, WE BEEN SCAMMED. WHO is fighting for the American people? Obamma? hardly....did Bush? yeah right! We got transparency? sure we do......I can see a politican a mile away... we got us a real pro in there now....legacy....."I spent 10 X more than Bush nahhhhhh" Cap and trade, what is that BS? Break the bank with healthcare reform? Stimulate who, you stimulated?

Smart man becomes a plumber..."everyone gotta flush!"

NO official sell signal yet, but my friends, the dam is going to break, the bank already has!

dID YOU READ THE COMMENTS from the FEd minutes? how more money is going into mortgage debt, and treasuries?

I am so sick of what has been happening I can hardly write about it anymore.

D

3 comments:

Anonymous said...

Y so bearish?? This is amerikkka all ways has been all ways will be for the few select. But alas shit happens and like they say don't fight the fed, good luck

D said...

Are you long anything here? IMHO good place, was good place to pare them down....when this sucker dies it may go fast.

D

Anonymous said...

Check buying KOPN on weakness, should go to 5-6 in a year, I do have a large position in the low 2's. Stay will smaller caps with buy back programs and strong Balance sheet they are flyers in a turning economy, good luck