Comments on: The Great Correction: Awaiting Bailouts that Will Never Come http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 04:42:35 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Theophiluspunofall http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56652 Theophiluspunofall Wed, 17 Mar 2010 19:16:04 +0000 http://dailyreckoning.com/?p=24364#comment-56652 Harry once said SPX 1300 pretty much baked in by year end. He hasn't admitted to his downward revision. He has such a Boner for Bonner I'm guessing he won't. I check in here once a month or so and Harry is still predictably hanging around, like a drunk ranting on a street corner. You'd think he'd enjoy wasting his time even more with like-minded Leprechauns over at Paul Krugman's blog. Ciao, Harry, see you next month. In the meantime, don't sell your Blockbuster shares - it's a buying opportunity! Harry once said SPX 1300 pretty much baked in by year end. He hasn’t admitted to his downward revision. He has such a Boner for Bonner I’m guessing he won’t.

I check in here once a month or so and Harry is still predictably hanging around, like a drunk ranting on a street corner. You’d think he’d enjoy wasting his time even more with like-minded Leprechauns over at Paul Krugman’s blog.

Ciao, Harry, see you next month. In the meantime, don’t sell your Blockbuster shares – it’s a buying opportunity!

]]> By: Daniel Miller http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56608 Daniel Miller Wed, 17 Mar 2010 18:00:22 +0000 http://dailyreckoning.com/?p=24364#comment-56608 THis poop-eating moron Harry still doesn't get that the DJ Idiot A is only where it is because of INFLATION, meaning M1. You have heard of some economics terms, feces breath Harold? And, I don't know if you're aware, Harold, 12,700 still puts the DJIA about three years BEHIND. But then, I'm sure one as smart as you got out of the market precisely on September 16, 2008 and back in precisely on March 9, 2009. And thus you are richer than Soros. Right? Didn't think so. You are as much a fraud as this economy. BTW Greece still hasn't been bailed out and the krauts won't let it. THis poop-eating moron Harry still doesn’t get that the DJ Idiot A is only where it is because of INFLATION, meaning M1. You have heard of some economics terms, feces breath Harold?

And, I don’t know if you’re aware, Harold, 12,700 still puts the DJIA about three years BEHIND.

But then, I’m sure one as smart as you got out of the market precisely on September 16, 2008 and back in precisely on March 9, 2009. And thus you are richer than Soros.

Right? Didn’t think so. You are as much a fraud as this economy.

BTW Greece still hasn’t been bailed out and the krauts won’t let it.

]]> By: guilhem http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56563 guilhem Wed, 17 Mar 2010 15:43:59 +0000 http://dailyreckoning.com/?p=24364#comment-56563 And what if ... Companies reduce debt burden, reduce workforce, reduce overheads, ... and thus increase results although turnover are may be lower ... and companies are ready to increase prices quicker than use to ... Gold, cannot compete ... And what if …
Companies reduce debt burden, reduce workforce, reduce overheads, … and thus increase results although turnover are may be lower … and companies are ready to increase prices quicker than use to …

Gold, cannot compete …

]]> By: Russ http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56513 Russ Wed, 17 Mar 2010 14:00:46 +0000 http://dailyreckoning.com/?p=24364#comment-56513 Everything is Great! Everyone is calling for markets to continue to climb via the fed's daily liquidity injections into the market. The only thing missing is the consumer, but, like the fed, we should all be issued printing presses and then we go go shopping for everything we want and the economy will BOOM! What market theory states that you can't print money forever? Obviously outdated as things are different this time... Everything is Great! Everyone is calling for markets to continue to climb via the fed’s daily liquidity injections into the market. The only thing missing is the consumer, but, like the fed, we should all be issued printing presses and then we go go shopping for everything we want and the economy will BOOM!

What market theory states that you can’t print money forever? Obviously outdated as things are different this time…

]]> By: BrianSJ http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56481 BrianSJ Wed, 17 Mar 2010 12:25:45 +0000 http://dailyreckoning.com/?p=24364#comment-56481 With a globalized economy, we need another planet to be 'the greater fool'. With a globalized economy, we need another planet to be ‘the greater fool’.

]]> By: Bozo http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56316 Bozo Wed, 17 Mar 2010 03:59:24 +0000 http://dailyreckoning.com/?p=24364#comment-56316 Ireland does NOT have good food or wine..... Ireland does NOT have good food or wine…..

]]> By: Brian http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56311 Brian Wed, 17 Mar 2010 03:40:40 +0000 http://dailyreckoning.com/?p=24364#comment-56311 Yes the economy is doing so well that the Fed won't indicate how long they intend to leave rates at 0%. If the econmy was doing well, with all of the money the Fed has pumped into it, we would have inflation by now. How many states are nearing bankruptcy? Not sure, but at least 4 do not have enough money to meet their obligations. "If you're due a state tax refund this year, you should probably prepare to wait awhile for that check to arrive. Four cash-strapped states, including Alabama, Hawaii, New York and North Carolina are planning to delay refund payments this year in order to cover budgetary shortfalls. And it's possible that more states may follow suit, in particular Idaho and Kansas." http://www.walletpop.com/blog/2010/03/12/four-states-plan-to-delay-tax-refunds/ Yes the economy is doing so well that the Fed won’t indicate how long they intend to leave rates at 0%. If the econmy was doing well, with all of the money the Fed has pumped into it, we would have inflation by now.

How many states are nearing bankruptcy? Not sure, but at least 4 do not have enough money to meet their obligations.

“If you’re due a state tax refund this year, you should probably prepare to wait awhile for that check to arrive. Four cash-strapped states, including Alabama, Hawaii, New York and North Carolina are planning to delay refund payments this year in order to cover budgetary shortfalls. And it’s possible that more states may follow suit, in particular Idaho and Kansas.”

http://www.walletpop.com/blog/2010/03/12/four-states-plan-to-delay-tax-refunds/

]]> By: Silver Bully http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56273 Silver Bully Wed, 17 Mar 2010 02:36:15 +0000 http://dailyreckoning.com/?p=24364#comment-56273 "As we finish emerging from the “correction” there is no reason not to be excited about the economy and the market." Oh sure, it'll be all lollipops and rainbows from here on out. Why, you can trust ETF's, stocks, everything, there's no risk at all. Money coming out of our ears, credit as high as the sky. Why, there isn't a worry in the world . . . until Bernanke begins to raise interest rates. When that happens, it's all over but the cryin', and the big correction won't likely happen right then, either. I intend to invest in gold, oil, silver . . . and popcorn. “As we finish emerging from the “correction” there is no reason not to be excited about the economy and the market.”

Oh sure, it’ll be all lollipops and rainbows from here on out. Why, you can trust ETF’s, stocks, everything, there’s no risk at all. Money coming out of our ears, credit as high as the sky. Why, there isn’t a worry in the world . . . until Bernanke begins to raise interest rates. When that happens, it’s all over but the cryin’, and the big correction won’t likely happen right then, either.

I intend to invest in gold, oil, silver . . . and popcorn.

]]> By: Scott http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56261 Scott Wed, 17 Mar 2010 01:45:34 +0000 http://dailyreckoning.com/?p=24364#comment-56261 Read what Kenneth DART did to Brazil and Argentina. He bought up the national debt for 20 cents on the dollar and made them pay it all back. Watch for wealthy individuals to buy up government debts. As an individual with citizenship you will have to pay your share. It's OK if you don't have the money, you can work it off in a Walmart prison. You will get a jumbo bag of chips every other day. You won't starve. Don't forget to bow down and kiss the feet of your feudal overlord for giving you life. Read what Kenneth DART did to Brazil and Argentina. He bought up the national debt for 20 cents on the dollar and made them pay it all back. Watch for wealthy individuals to buy up government debts. As an individual with citizenship you will have to pay your share. It’s OK if you don’t have the money, you can work it off in a Walmart prison. You will get a jumbo bag of chips every other day. You won’t starve.
Don’t forget to bow down and kiss the feet of your feudal overlord for giving you life.

]]> By: JMR bayou bobby http://dailyreckoning.com/the-great-correction-awaiting-bailouts-that-will-never-come/#comment-56260 JMR bayou bobby Wed, 17 Mar 2010 01:31:09 +0000 http://dailyreckoning.com/?p=24364#comment-56260 "There is no doubt that we’ll end this year with a minimum 1250 SPX and Dow around 12,700." _____________________________ then what happens? “There is no doubt that we’ll end this year with a minimum 1250 SPX and Dow around 12,700.”
_____________________________

then what happens?

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