Search found 9 matches

by wtf
Fri Oct 30, 2009 1:00 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15813875

Re: Financial topics

Could this be a prelude to what will happen during John's predicted crash when all the exchanges lockup. From zerohedge: http://www.zerohedge.com/article/nyse-problems-escalating-selling-intensifies-exchange-moving-backup-servers NYSE Backup.jpg http://www.zerohedge.com/article/it-all-under-control-...
by wtf
Tue Mar 24, 2009 7:33 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15813875

Re: Financial topics

Put that together with the fact that many of the media outlets are still using Q3 earnings until Q4 is complete and suddenly we will see the P/E ratios that the media uses jump up to 50 from 10 just two weeks ago. I know that people BELIEVE that P/E's are around 10 because I hear and see them repea...
by wtf
Sun Feb 08, 2009 6:52 pm
Forum: International events
Topic: China
Replies: 56
Views: 46419

Re: China

John,

Thought you might find this article interesting:

http://www.marketskeptics.com/2009/02/d ... wheat.html

Does China's 60 million tons of wheat reserves actually exists?
by Eric deCarbonnel

It fits in with your China going down the tubes theory.

wtf
by wtf
Sat Feb 07, 2009 5:09 pm
Forum: Generations
Topic: Why is Gen Y seen in such a positive light here?
Replies: 13
Views: 15525

Re: Why is Gen Y seen in such a positive light here?

I have to agree with you. I can't speak highly of my generation either (genx) but the sense of entitlement and the need for constant approval/rewards on the job is ridiculous. The whole theory that they are more efficient workers because of multitasking is ridiculous. IM/facebook/myspace are nothing...
by wtf
Tue Feb 03, 2009 9:52 pm
Forum: Finance and Investments
Topic: Blog Post: Can a country default on its debts? Can the US?
Replies: 29
Views: 22410

Re: Blog Post: Can a country default on its debts? Can the US?

Bloomberg Treasury Real Yield at 16-Month High on Inflation Bet By Dakin Campbell Feb. 2 (Bloomberg) -- For the first time since 2007, Treasury investors are betting that inflation will accelerate. The yield on 10-year notes exceeds the consumer price index by 2.72 percentage points, the most since ...
by wtf
Mon Feb 02, 2009 9:46 pm
Forum: Finance and Investments
Topic: Blog Post: Can a country default on its debts? Can the US?
Replies: 29
Views: 22410

Re: Blog Post: Can a country default on its debts? Can the US?

But let me offer one more thought: a default would be the RIGHT thing to do. That almost guarantees that the government will NOT do it. "The dollar is the world's reserve currency, and many, many trillions of dollars are held by people, businesses and governments around the world. This effectively ...
by wtf
Tue Jan 06, 2009 6:09 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15813875

Big Surprise

SAN FRANCISCO (MarketWatch) -- Bank of America Chief Executive Kenneth Lewis warned that 2008 results will fall short of expectations and said executives at the giant lender, including himself, shouldn't get bonuses for last year. http://www.marketwatch.com/news/story/Bank-America-CEO-sees-2008/stor...
by wtf
Sun Jan 04, 2009 6:45 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15813875

Re: Financial topics

Just saw a Hyundia car advertisement while watching football that made me say wtf: They are offering to let you buy a car and if you "lose your income" in the next year they'll take it back. Has anyone seen this offer? I think its a sign of things getting much worse. FOUNTAIN VALLEY, Calif., Jan. 2 ...
by wtf
Tue Dec 16, 2008 1:42 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15813875

Re: Financial topics

John also wrote in his latest article: "The great mass of these ARMs are going to reset in 2009 and 2010, and a homeowner's $1000 a month mortgage will suddenly go to $4000 a month" This is another error. This is the data I've been seeing for the past year or two. It looks like it goes a little fur...