Monday, September 14, 2009

UNDERLYING BANK CRISIS HAS NOT GONE AWAY

Joseph Stiglitz, the Nobel Prize- winning economist, said the U.S. has
“In the U.S. and many other countries, the too-big-to-fail banks have become even bigger,” Stiglitz said in an interview yesterday in Paris. “The problems are worse than they were in 2007 before the crisis.”

complete article here

Duratek......I will keep searching for the truth in a maze of misdirection, manipulation,deception and outright lies.

3 comments:

Anonymous said...

Hi Manute here. Speaking of lies, you fail to address your bleak picture of a dow theory double non confirmation. I too seek the truth "searching for the truth in a maze of misdirection, manipulation,deception and outright lies.

I thought you would do the right thing, so for your readers, I sign up for Mr Russell this weekend. Here is what he says on the close of September 10 2009.

"The bull is back in the box. With both Industrials and Transports at new recovery highs, the
danger of the "double non-confirmation" has been removed. The secondary trend of the
stock market is now clearly bullish.
September 10, 2009"



Also "Late Notes -- One of the strongest thing the stock market can do is (1) send both the
Dow and the Transports to new recovery highs."

Manute for the truth

D said...

Are you some kind of IDIOT SAVANT? Do you expect me to update every single post I make, RR did make that call and he did rescind it as you say...I am not a subscriber so I don't get his pubs....and I did not mention it again, you act as if I used that one statement and ran with it like the flag bearers after a touchdown is scored.

WHy don't you inform my readers on how BANK CREDIT has contracted by some $200 BILLION since JULY....are you working for OBAMA MANUTE? The gOV IS THE ECONOMY...be sure to tell us on the very day you decide the party is over so you can be on record...but as I sugegsted you are a disseffected lemming who has held since the highs of 2000 and hopes to get even.
I am sad for those who did this unknowingly, but you are an ASS

D said...

One last thing, you forgot to mention didnt RR say something like he tells it like it is..bull in the box but he doesnt have to be in "every market advance"....at 85....he speaks his mind...."and I dont have to tell my subscribers...buy buy buy"

WHY pay for a sub...you wont listen to anyone anyway?