::

TheWatcher (1000+ posts)

Fri Jan-16-09 12:28 AM Response to Original message

110. "The Messiah Rally", and a Nation Of Blind, Drooling Sheep.

Edited on Fri Jan-16-09 12:40 AM by TheWatcher Good Evening Marketeers. Oh COME ON, you KNEW I'd be posting today. Although by all rights I really shouldn't be. More on that in a moment. SO today we have yet another Engineered, Fabricated, Nonsense Rally based on more "Gun To The Head Legislation", from a guy who hasn't even been sworn in I might add, with the same jingoistic chant that Stammerin" Hank cooed to the public just a few weeks ago. "Give Me The Money, or the seas will boil, the skies will fall, and the economy will never recover, and you won't be able to drool in front of your TV's in perfect oblivious coma, with your Official McDonald's feedbag strapped to your face, feeling good." You know, at long last, I am beginning to wonder if it is even POSSIBLE for the millions of programmed, dumbed down, propaganda lathered sheep to EVER see the light. We have such an interesting Cycle that occurs, and I'm sure most of you can see it. The Official Sector comes in for a few weeks, pumps up the Market, with Propaganda as cover stories, artificially moving the Market to whatever Price they decide to set it at. Then, little by little, every fake, fabricated rally falls apart as the REAL Truth, or what they will ALLOW us to know, comes out. The game is simple. Pump the Market to distract the sheep, put them to sleep, and manage their perceptions so there is no panic. Then, each rally simply deflates until we reach the SAME Critical Support Level (7800-8000), and in the late afternoon when things are going off a cliff, a cover story is released, and all is well again. Lather, Rinse, Repeat. So what trading advice would I offer here, well, if you are a bear, TAKE CARE, because you may just get taken to the wood chipper the next three or four trading days. I fully expect a sharp, spectacular, feel-good rally that I like to call "The Messiah Rally" which will coincide with Obama's swearing in. There won't be any other explanation given, it won't make any sense, and they can do a news dump of all the horrible news because the sheep will be too enthralled welcoming "Change." You know, I have to wonder at long last, what is WRONG with the people of this country? Why do they just keep buying into EVERY lie they are fed, every deception, while IGNORING the reality that is clearly in front of their faces? It's as if they expect on January 20th, a wave of energy will sweep the Planet, just like The Genesis Project in Star Trek III: The Search For Spock, and a whole new world will be born, and everything that has come before this day does not matter. They are willing to sacrifice ANY principle, ANY ideal, ANY moral, ANY concept of reality, so that they can feel good, and live and die for a LIE. It's incredible. I have never seen a civilization so eager to willfully finish itself off, just so they don't have to deal with reality. And if you look at what they ignored TODAY, you have to admit, this has gone beyond any reasonable measure of denial. This is DELUSION at it's MOST DANGEROUS. WE CANNOT SURVIVE as a nation this way. We simply can't. Microsoft Layoffs let out of the bag- Microsoft plant to cut 10-17% of it's workforce. Do you remember when this rumor first got started, and the reaction from the media and the public was to pooh-pooh it at any cost? "It doesn't exist. It's one of those sill Conspiracy Internet Rumors born of some disgruntled employee wanting attention." Well, today they FINALLY owned up to the fact that the perspective lay-offs could be between 10 and 15 THOUSAND if I have my math correct. Intel Profits down 90%. Unemployment is at 7.2%. And that is the FAKE number. GM and the Autos are basically Bankrupt and on Life Support. JPMorgan released their fictional numbers today which hint that are about done as well. The financials are in SERIOUS trouble. All things point to a collapsing economy. But what does everyone focus on? Yes, ANOTHER Bailout. Not like the other ones have worked or anything, but hey, it's more important to feel good and suck down Burger King's TOWERING new Angus Sandwiches than deal with reality. The people not only CAN'T get it, they DON'T WANT to get it. The Dow has basically become nothing more than a rigged casino controlled by TPTB who use it as nothing more than a Price Setting Mechanism. The things I have talked about in this post, and others, all of the patterns and evidence are PLAIN to see. Any independent thinking person could EVENTUALLY figure it out. But what does the average American do? "It doesn't Exist. It isn't real. You're a Conspiracy Theorist. You're A Doom Fetishist that wants the worst to happen, and doesn't want to tow the line or do what's best for "The Football Team." You're interfering with my false paradigm that I live in so I can feel good and not have to think. Layoffs don't exist. Microsoft doesn't exist." And on, and on, and on, and on, and ON. And before the apologists who seize any opportunity to chastise anyone for not being a "true believer" of Mr. Obama, I'm sorry, you are barking up the wrong tree here. This has NOTHING to do with that. What it has to do with is the willingness of the people to continue to swallow every lie, every piece of propaganda, and every deception, to their own detriment, as well as the detriment of everyone else. But for those who can't see the light by now, I have to say this. I am DONE. Done trying to do the right thing and point out reality. Done trying to help people and save them from mistakes that will GRAVELY affect them and their families future. Done trying to "catapult the propaganda." Because it seems to me that people who continue to feed into this maelstrom DON'T CARE about the Truth. They DON'T CARE about reality. The DON'T WANT TO KNOW. They only want their PERCEPTIONS Managed. "Just tell me what I want to hear and I'll go along with it, and get back to shopping, gobbling cheeseburgers, engorging on junk culture, and living in a fantasy land. Just tell me what I want to hear and I'll tow the line." So will the breathtaking Circus take place next week. hey, DON'T bet your life on it, because these days it is never completely clear what the agenda is. You really have to learn to think like a criminal, and then give your BEST GUESS. But it's a lot better than just swallowing the lies. If I could speak directly to the majority of the blind in this country this would be my message. WAKE UP America. There is NO INVESTING ANY MORE. Only Artificial Price Setting and Price Adjustment. There is no REPRESENTATIVE GOVERNMENT. Only a machine that leads you like sheep to the slaughter for whatever agenda you are to be processed for. You don't have to believe me. You don't have to take my word for it. I'm not a genius. I'm not a Rhodes Scholar, I'm nothing special. I just OPEN MY EYES to my environment. It's not hard. But you won't do it will you? No. dying for a lie is more important than living for the Truth. Jesus, ROME, even in it's LAST DAYS was more sane than this. Good Luck To You Marketeers. Be safe, and Best Wishes to you all. I know sometimes it feels like you are screaming into the darkness, but don't stop. Maybe, JUST maybe.....You never know. As for me, I am on my way to the ER. I have had a 103 temperature for two days, and I need to find out why. So my apologies if this sounded like it was written in a state of delirium. Because it probably was. But that doesn't make it any less relevant.

Alert

Printer Friendly | Permalink | Reply | Top

ozymandius (1000+ posts)

Fri Jan-16-09 12:59 AM Response to Reply #110

112. That's an amazing screed there, TheWatcher.

Edited on Fri Jan-16-09 01:00 AM by ozymandius You touch on an idea that has been given a great amount of examination: Do societies fail because they choose to fail? Or do they fail because they cannot comprehend the enormity of their existence? I will also note that a line from the "Pirates of the Caribbean" movies comes to mind when considering modern finance advances: "Take what you can. Give nothing back." It just seems apt.

Alert

Printer Friendly | Permalink | Reply | Top

DemReadingDU (1000+ posts)

Fri Jan-16-09 01:32 AM Response to Reply #110

114. Nice rant!

Hope you feel better soon.

Alert

Printer Friendly | Permalink | Reply | Top

Demeter (1000+ posts)

Fri Jan-16-09 02:54 AM Response to Reply #110

115. I Feel For You==Take Care of Yourself

That is the only thing you can control (when you can control anything).

Alert

Printer Friendly | Permalink | Reply | Top

UpInArms (1000+ posts)

Fri Jan-16-09 03:13 AM Response to Reply #110

116. you are way too lucid

while halucinating get better soon and post more often!

Alert

Printer Friendly | Permalink | Reply | Top

Prag (1000+ posts)

Fri Jan-16-09 04:19 AM Response to Reply #110

119. You know as well as I that this was all decided at Göbekli Tepe 11,000 years ago.

Edited on Fri Jan-16-09 04:22 AM by Prag I suppose it was pretty obvious that Hunting and Gathering was no longer a feasible lifestyle... and, well... That the adoption of Domestication and Agriculture meant there would be sheep and there would be shepherds (more like wolves these days). Always... and bubbles of feast and famine too. But, I don't believe it must be that way... It's how the shepherds predators like it though. Take care Watcher and I hope you recover. http://en.wikipedia.org/wiki/G%C3%B6bekli_Tepe

Alert

Printer Friendly | Permalink | Reply | Top

ozymandius (1000+ posts)

Fri Jan-16-09 01:03 AM Response to Original message

113. Here's your baked ending.

Dow 8,212.49 Up 12.35 (0.15%) Nasdaq 1,511.84 Up 22.20 (1.49%) S&P 500 843.74 Up 1.12 (0.13%) 10-Yr Bond 2.201% Down 0.012 NYSE Volume 7,950,148,500 Nasdaq Volume 2,522,259,250 4:30 pm : Stocks concluded a whipsaw session with modest modest gains after market participants stepped in to provide short-term support to stocks. During the session the stock market had been down as much as 3%, while the Dow dropped more than 600 points to cross 8000 for the first time since its November bear market low. At their session lows both indices were down 12% from their January high. With a sense stocks were becoming oversold, buyers stepped in to provide support. Eight of the 10 sectors finished higher. Telecom (-1.1%) and financials (-5.1%) were the only sectors that failed to make their way into positive territory. Financials led the session's initial losses. The sector had been down as much as 8.3% as JPMorgan Chase (JPM 24.34, -1.57), Bank of America (BAC 8.32, -1.88), and Citigroup (C 3.83, -0.70) led losses. JPMorgan Chase reported fourth quarter adjusted earnings of $0.07 per share, which was better than the break-even level that Wall Street was expecting. Still, the results were far below the $0.86 per share earned one year ago. JPMorgan also reminded investors just how shaky macro conditions remain when it reported it added $4.1 billion (pretax) to loan loss reserves. Meanwhile, The Wall Street Journal reported Bank of America is close to receiving additional federal aid to assist in the acquisition of Merrill Lynch, even though the bank has already received $25 billion in federal funds. The need for additional capital led many investors to question whether the bank can maintain its dividend. The stock had been down more than 20% to reach new multiyear lows, but finished off those levesl. At BAC's current share price, the stock carries a dividend yield of 15.3%. Large-cap tech stocks like Research In Motion (RIMM 49.24, +4.14) and Qualcomm (QCOM 34.80, +1.04) helped the Nasdaq outperform the other headline indices this sesssion. Apple (AAPL 83.38, -1.95), however, traded as a laggard. Apple fell under pressure after its CEO, Steve Jobs, said he is taking a medical leave of absence until June. Motorola (MOT 4.43, +0.32) was one of the latest companies to issue a cautious outlook and announce additional job cuts. Motorola expects fourth quarter revenue will likely range from $7.0 billion to $7.2 billion, which falls short of the $7.5 billion consensus estimate. The company will cut roughly 4,000 employees this year. That's in addition to the 3,000 cuts already announced. Initial jobless claims for the week ending Jan. 10 totaled 524,000, which is up 54,000 week-over-week, and more than the 503,000 claims that were expected. Continuing claims stand at 4.497 million, which is less than the 4.62 million continuing claims that were expected. The prior reading was increased slightly to reflect 4.612 million continuing claims. Although encouraging at first glance, the continued claims improvement is likely a function of many people having exhausted their jobless claims benefits. In other economic news, the December Producer Price Index fell 1.9% month-over-month, which wasn't quite as bad as the 2.0% downturn that was expected. Excluding food and energy, producer prices were up 0.2% month-over-month. Economists expected a 0.1% increase.DJ30 +12.35 NASDAQ +22.20 NQ100 +1.7% R2K +2.1% SP400 +1.7% SP500 +1.12 NASDAQ Adv/Vol/Dec 1556/2.50 bln/1151 NYSE Adv/Vol/Dec 1670/1.65 bln/1420

Alert

Printer Friendly | Permalink | Reply | Top

UpInArms (1000+ posts)

Fri Jan-16-09 03:15 AM Response to Reply #113

117. lovely alliteration

modest gains after market participants stepped in to provide short-term support to stocks blatherspeak for paid shills buying market futures