Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Thursday, February 7, 2008

I'm into Klimt right now. "Death and life"

Going to be a groggy one today.

I gave out my pessimistic outlook the other day...... I'm umn.... Well, as nasty as everything may look. I have so much faith in Human nature, I'm a huge Fan of the work of Charles Darwin. We have this ridiculous survival instinct that has been ingrained into us.

Many years ago, I learned how strong as a person I was. After years of being unsure, and having my tail between my legs for most of my life. I learned to start taking chances, to believe that though I was unsure, or that the outcome was risky. I could navigate the risk. If I kept my dick under me, and just believed in my own resilience. I could navigate through. Sometimes you win, sometimes you lose. Take your losses early. Let your winners ride, till they pull back.

This same philosophy I have for me, I have for the Economy. There are no shortage of Fat, Lazy assholes out in our economy. People who take advantage of bureaucracy, and continue to fatten their pockets at the expense of the companies they work for. Kids that demand constant praise at work, just for showing up. This stuff that is a Weight on our economy will be cleared out. I liken it to Rocky, we have been fighting punks for so many years... Clubber Lang is standing in front of us, it's the first round.... Well He is kicking our ass, it's going to go on for a few more rounds, until.... Well he is going to knock us out.

But after our good thrashing, we are going to have one of those nice montages of Training, and eating eggs. The herd will be trimmed, the Fat leaned down. And there will be a resurgence. I was applying Elliot wave models to philosophy and Culture... and yes, we will see a major decline in Capitalism, and U.S. Consumerism... But what will grow from it, Global Economic Growth. Healthy economic global equality... It should be the most amazing thing we will ever see, More impressive than the industrial revolution, a True Technology third wave... Hopefully not involving Skynet.

The reason to many "Bears" take beatings in regard to this, is because... IMO they can't get their tails out from between their legs... They don't believe in themselves, and then have a hard time believing in "us" either us as a global population or as a country.

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