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"

Wednesday, October 8, 2008

when in doubt..... Troll and be an asshole

here is my new meme...... this was fun, I'm such an asshole

This is meant to be ironic, but I'm hoping to scare the shit out of some permabears.

Yep, Nobody wants worthless pieces of paper, they call stocks. Wonder what other pieces of paper are next. Maybe we can get that Hyperinflation MEME Going.

Be careful what we wish for. It's 1929, Housing is only half way corrected. There will be no Christmas, People are pulling their retirement funds..... and going to bury gold in the back yard. All the banks are going to Zero.

We have created the myth, now we have to live with it.

We have scared the civilians away, Many of them have cashed out, and they have turned their contributions to Zero. There is a depression coming, and they have to prepare. The Shell game is over folks, this was all a confidence game and it's over. Why would anyone want to get involved in this nonsense. Where is that 60% correction? We need to price it all in. Dow 6K and the collapse of the banking system. just like the MEME.

No reason to get involved till then. Vix has yet another record close.

Long Soup, Guns, Butter.

2 comments:

tradewell said...

Are you joking? I can't tell.

Eric said...

we will see....

I am kidding, You kind of have to see myth like I see it. My intent is to scare the shit out of the people who have spread this crazy bullshit for 2 years, and make them realize that as they have broken confidence, they need to build confidence.

This is all a confidence game, and they need to get their heads out of their asses..

As Mainstreet finally has the Global depression meme, it's time to turn the corner on it.

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