MrJohnRoss' Account Talk

Man that was a nice nap - now check this out. Dallas Fed President Richard Fisher has said liquidity injected into the economy through the first two rounds of quantitative easing hasn't made its way into the real economy yet. What happens to GDP when it does. Are there thousands of Dow points around the corner. Atschuler was singing the same song awhile back.
 
Yeah, a couple trillion, and nothing has gone to the "common folk". It all just went to the banksters and their cronies so they could have more hundred million dollar bonuses each and every year. Now THAT'S what the OWS fools should be protesting, but they can't even figure that much out. Flea bag morons.
 
I'm surely racking up my share but then again I'm assuming the risk to make the gains. When risk averse Mom and Pop move out of bonds this bull rally may last years.
 
Yeah, a couple trillion, and nothing has gone to the "common folk". It all just went to the banksters and their cronies so they could have more hundred million dollar bonuses each and every year. Now THAT'S what the OWS fools should be protesting, but they can't even figure that much out. Flea bag morons.
HEAR! HEAR!
 
A little is all right. That’s the message Federal Reserve Chairman Ben S. Bernanke has been giving out recently when asked about the evidence of inflation in the U.S. recovery.


Sometimes Bernanke doesn’t even go that far. He simply says he doesn’t see inflation. The Fed chairman recently described the prospects for price increases across the board as “subdued.”

“Sudden” is more like it. The thing about inflation is that it comes out of nowhere and hits you. Monetary policy is like sailing. You’re gliding along, passing the peninsula, and you come about. Nothing. Then the wind fills the sail so fast it knocks you into the sea.

Right now, the U.S. is a sailboat that has just made open water, and has already come about. That wind is coming. The sailor just doesn’t know it.

Link to full article HERE.
 
Inflation and the bond vigilantes lurking around the corner has been the scare tactic du jour for how long now? About 4 years. In the meantime, the cost of energy, housing and most services has gone down. Yep, gas is roughly back to parity but gas still costs less than it did in the summer of 2008 and oil is still substantially less...over so many years that's hardly runaway inflation. Reflation of assets is something completely different...I'd be wary of holding precious metals.
 
Inflation and the bond vigilantes lurking around the corner has been the scare tactic du jour for how long now? About 4 years. In the meantime, the cost of energy, housing and most services has gone down. Yep, gas is roughly back to parity but gas still costs less than it did in the summer of 2008 and oil is still substantially less...over so many years that's hardly runaway inflation. Reflation of assets is something completely different...I'd be wary of holding precious metals.

I had to see how short term news distorts my historical perspective. This is from gasbuddy. Yes, soon we will be back to 2008 gas levels, and then we're on our way!
View attachment 18187
 
I had to see how short term news distorts my historical perspective. This is from gasbuddy. Yes, soon we will be back to 2008 gas levels, and then we're on our way!
View attachment 18187

Thanks for posting the chart. Of course, we all know what happened to the economy in the summer of 2008 when the price of gas got out of hand. It ground to a halt, and the stock market crashed. Not saying that there's a 100% correlation, but what I am saying is that if the price of oil/gas skyrockets (due to war with Iran, for instance), then I would be very fearful of having money exposed in the stock market.
 
Negative headlines tend to produce the strongest advances in a bull market. Historically, April is the best month of the year. April 1999 was the first month ever to gain 1000 points. This market is targeting a trend towards a new all time high sometime in 2012.
 
One of my indicators says to head back in to the market.

Placing my trade right after this post.

I know, I know... we could be near a market top. But the trend is definitely heading higher. Until the trend breaks, I'll be long the market.

Also, I'll be going 100% C, after analyzing the S vs C, and C vs I. Don't want to bore you with the charts. Apparently some people think all I do is post pretty little charts.

Good luck!
 
Back
Top