Financial topics

[Higgenbotham]

In 1929 the Dow Industrials made their high on September 3, and broke through the floor and began to crash 50 days later on October 23, 36 trading sessions after the high. Tonight I'm checking the comparable progress of the Nikkei, which is the index that is really following the 1929 Dow.

The Nikkei made its high on December 31, so the comparable time for it to break through the floor would be sometime in the next week. That seems to fit with what's going on in the various US stock market indexes. I've projected a path that would be comparable in appearance to what happened in 1929 with the Dow as it started to crash.

As said earlier, despite what some other prognosticators are saying, I think it's going to be the collapse of Japan that will trigger the worldwide financial collapse. And it looks possible that it is close, as little as a few days away.

NIKKEI.gif (8.97 KiB) Viewed 3294 times

[Higgenbotham]

"Median price/revenue ratio at record high, even exceeding 2000 peak"

This is the one on Hussman's graph that really stands out. I mean, how can people be buying stocks at these prices when companies have virtually no sales growth? If they were growing sales 7% plus per year, it would be an entirely different story.

I should be more clear about what I am saying. On the graph below, in the year 2000, sales were growing fast, over 7%, so if people were willing to pay a high price to revenue ratio for stocks it made some sense, assuming revenues could continue to grow at their present pace for awhile. But in 2014, with revenues growing at under 1% at present, it makes no sense. This bubble is hideous in so many ways it makes my head spin.

14fe3.png (22.34 KiB) Viewed 3289 times

[Higgenbotham]

Feb. 17, 2014, 10:45 p.m. EST
Bank of Japan extends lending program; yen drops

By Michael Kitchen LOS ANGELES (MarketWatch) -- The Bank of Japan kept its broad monetary policy and assessment of the economy unchanged Tuesday but also extended two soon-to-expire special lending programs, doubling their size.

http://www.marketwatch.com/story/bank-o ... 2014-02-17

They took their best shot and now we'll see if it was enough.

[at99sy]

The biggest difference between 1929 and now as I see it is, now we have central bankers doing everything they can to keep the bubble growing. Until one of them blinks this is not going to crash. The markets are pure artificial now and when it does try to break out to the downside HFT's and algorithmic trading push it back up. So until the global FED's shut off the tap, or the artificial trading algorithms stop working this thing won't pop or collapse. IMO of course which is about as valuable as mouse droppings but I have not seen any of the other financial prediction on this board come true in regards to timing. I have seen dozens of crash predictions which have not bore fruit.

Human logic is not a part of this cycle and human emotion is absent as well. This market is a sham and I do agree that it will pop and that when it does it will be the biggest crash of all time due to the manipulation that has inflated it to such stupendous proportions.

The logic and emotion will factor in once it does STB. My prediction has been the same for several years now and so far I have been right. Like the Energizer Bunny, keeps going and going and going... then someone smashes the little rodent because no one wants to listen to that all day.

cheers

sy

[gerald]

The biggest difference between 1929 and now as I see it is, now we have central bankers doing everything they can to keep the bubble growing. Until one of them blinks this is not going to crash. The markets are pure artificial now and when it does try to break out to the downside HFT's and algorithmic trading push it back up. So until the global FED's shut off the tap, or the artificial trading algorithms stop working this thing won't pop or collapse. IMO of course which is about as valuable as mouse droppings but I have not seen any of the other financial prediction on this board come true in regards to timing. I have seen dozens of crash predictions which have not bore fruit.

Human logic is not a part of this cycle and human emotion is absent as well. This market is a sham and I do agree that it will pop and that when it does it will be the biggest crash of all time due to the manipulation that has inflated it to such stupendous proportions.

The logic and emotion will factor in once it does STB. My prediction has been the same for several years now and so far I have been right. Like the Energizer Bunny, keeps going and going and going... then someone smashes the little rodent because no one wants to listen to that all day.

cheers

sy

I think you are right , the crash will happen when it happens, as for projections as to when -- when ever.

One of the things I have done to help maintain some level of sanity and perspective is to bring out, from time to time a financial publication as a reminder. It is the "Winter 1997 Investors Alert Issue" from "The Fleet Street Letter" --- headline "Blood In The Streets" basically predicting impending doom. When I first saw it, and being a bit cynical or maybe a lot, I thought that's nice. The period after 1997, at least for me, was quite lucrative, so much for impending doom, --- which will come eventually, caused by whatever. --- No matter how bad things are, or how good things are, some do well and some do not. It's always been that way.

By the way sy, don't knock "mouse droppings" besides contributing to the natural recycling of things, some plants require the help of mice to distribute their seeds, by way of mouse droppings.

About the Bunny I agree totally, they are also destructive little b----


cheers

[gerald]

This is banker number what again?

Second JPMorgan Banker Jumps To His Death: Said To Be 33 Year Old Hong Kong FX Trader

http://www.zerohedge.com/news/2014-02-1 ... -fx-trader

[aedens]

http://www.duesberg.com/

Drug diseases blamed on a passenger virus. Bingo.......

https://www.youtube.com/watch?v=13QiSV_lrDQ

http://www.getholistichealth.com/37579/ ... gon-video/

yes g stranger then fiction is life and the science of silent evil

https://www.youtube.com/watch?v=5ztiAN9k584

https://www.youtube.com/watch?v=oRw5s_04lMw


[CAGR] of 24.9% so I divided it by 2 vnr

[aedens]

I was waiting for rut to roll and no Higg they have not seen pain.

futures market is being abandoned as we seen last week - this was already noted as the five dislocations.

I hold my window https://www.youtube.com/watch?v=4KfqbCS0sIk

circa feeling http://wiki.mises.org/wiki/1973–1974_stock_market_crash

Civilian unemployment increased from well below 4% to just over 6% by the end of 1970. The rate then retreated to 5% in 1973 only to skyrocket to 9% by mid-1975

When food tripled then all hell broke loose : Mon Mar 10, 2008 at 01:58 AM PDT Wheat Flour Prices Tripling, Quadrupling

Water, wheat, weather will decide also as much as http://www.youtube.com/watch?v=iFDe5kUUyT0

[at99sy]

It would seem that the stars are aligning for one of those "fat-finger" moments, or a HFT algorithm to go ape shit, or a sneaky "Black Swans" to emerge and take everyone completely by surprise.

The global warming argument has played out within all rational people, obamacare is a joke, food supplies are at great risk to GMO manipulation and processed foods are full of toxins, water is being bought up around the globe by massive multinational corporations, all opposed to government power are being vilified, the media has no credibility any longer, college is an expectation crisis with massive debt obligations for all who attend , not just graduate, the banking and insurance industry is totally fraudulent, our military is being castrated by the complete inclusion of women in all facets of warfare operations, our police departments are being militarized faster than you can keep up with and civilians are being made out to be terrorists in waiting, we are positioned around the world with military assets and all it is going to take is for one little spark to discharge the whole powder keg. A backwards "drive-by" did as such in Sarajevo about a century ago. Hmmmm June is not that far away is it. 100 years ago=event that triggered WWI; 70 years ago=event that led to end of WWII

we shall see

cheers
sy

[gerald]

It would seem that the stars are aligning for one of those "fat-finger" moments, or a HFT algorithm to go ape shit, or a sneaky "Black Swans" to emerge and take everyone completely by surprise.

The global warming argument has played out within all rational people, obamacare is a joke, food supplies are at great risk to GMO manipulation and processed foods are full of toxins, water is being bought up around the globe by massive multinational corporations, all opposed to government power are being vilified, the media has no credibility any longer, college is an expectation crisis with massive debt obligations for all who attend , not just graduate, the banking and insurance industry is totally fraudulent, our military is being castrated by the complete inclusion of women in all facets of warfare operations, our police departments are being militarized faster than you can keep up with and civilians are being made out to be terrorists in waiting, we are positioned around the world with military assets and all it is going to take is for one little spark to discharge the whole powder keg. A backwards "drive-by" did as such in Sarajevo about a century ago. Hmmmm June is not that far away is it. 100 years ago=event that triggered WWI; 70 years ago=event that led to end of WWII

we shall see

cheers
sy

Oh -- aren't you a bundle of joy --

Of course ------ then there is --

In fact, one drought actually lasted for about 200 years. So there is the possibility that the drought that has begun in the state of California may not end during your entire lifetime.
http://www.zerohedge.com/news/2014-02-1 ... rt-soaring

So water costs will go to $450 per acre foot from $280 per acre foot. And food costs will do what? http://www.nytimes.com/2014/02/17/techn ... nance&_r=0


Ukraine's Military Releases The Armored Vehicles And Fighter Jets; Independence Square Is In Flames - Live Feed http://www.zerohedge.com/news/2014-02-1 ... ghter-jets

Bank Runs Spread To Thailand http://www.zerohedge.com/news/2014-02-1 ... d-thailand

And it just gets better ----get the popcorn and beer and enjoy "Alice In Wonderland" - or is it ---"The Little Shop of Horrors"? -the film is a farce about an inadequate florist's assistant who cultivates a plant that feeds on human flesh and blood. ---is the florist government and bankers?

---------------------------------- add on

Americans Are Angrier & More Frustrated Than Ever: 19 Furious Facts http://www.zerohedge.com/news/2014-02-1 ... ious-facts
interesting ---#5 Only 4 percent of Americans believe that it would “change Congress for the worse” if every member was voted out during the next election.

William Shakespeare (1564-1616)
from Macbeth

"Double, double toil and trouble;
Fire burn, and caldron bubble."

Like the good old days? -- sarcasm

cheers???