Wazua
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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[quote=alutacontinua]Check out how the Department of Education is collecting on student default loans http://www.worldstarhiph...?v=wshh555K0k9Rkj6Y6884[/quote] Quite interesting that US student loans can get the SWAT team on you...
The college tuition fee is a bubble waiting to burst. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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I have been monitoring the China market for 2 years now. I have stated before that if we lose this chip, the 'global economical recovery' houdini act is over... Well, this week the Shanghai composite index has broken the long term technical triangle pattern to the down side. If you trade global markets, this is a signal to start fading the upside. There will be a sell off in Q3 or Q4 and if delayed, then 2012 will be a sell side year.  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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June 30th - No QE means the US municipal bonds will be a powder keg. Detroit, Motown etc... Smokes building up... What will investors do when the state's start defaulting on their bonds? What will that do to the US bonds? Update - And if you are a party animal in NY and strip clubs are your thing, note that lap dances are taxable. That's how the gubberment is raising tax revenues... http://online.wsj.com/ar...cf87b38de0b693d464.html
In the meantime Greece looks like it will pretend to fail... The shock doctrine book comes to mind. And with Tepco holding 8% of Jap's 70 trillion yen market being a likely too big to fail firm staring at bankruptcy, yen bond holders, banks, insurance firms & pension funds can't exit the door fast enough... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And now IMF suffers a hack attack... The global money tension smells really crappy... http://gizmodo.com/58110...he-latest-to-get-hacked
Update -> I think this video explains it... The internet is becoming an unprecendent warzone with no borders... http://www.youtube.com/watch?v=TQLFHUEZuMU
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Quite on point as old as it is. http://www.youtube.com/watch?v=mqXVYTKKMec
June 14th, weird - http://www.youtube.com/watch?v=XySGw-g2tyk
From the look of things, this may be a probable trade... http://www.intrade.com/v...ract/?contractId=748903 courtesy of this info http://www.zerohedge.com...xpense-domestic-economy-$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And you thought the KE cops are the only ones that correct evidence at crime scenes... http://www.youtube.com/w...feature=player_embedded
And even more damning... http://www.youtube.com/w...;feature=player_embedded$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And you thought fuel was expensive in KE... http://www.dailymail.co....nt-compared-summer.html
Norway being the most expensive. No wonder the Norwegian oil fleet firm, Frontine, has given up on 'Global Economic Recovery'... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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And the greeks say that their finance minister (Papaconstantinou aka G Pap) should be awarded the best Goldman Sachs employee of the decade for the 'good job' he's done aka boom, bust & now a clear default... I wonder who likes Goldman, maybe I should conduct a poll. The dislike of global banks is phenomena also like a bullish extreme... Is the sky about to fall? Pic courtesy of preza.tv --> http://prezatv.blogspot....uropean-revolution.html
 $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Subprime education. This college fee bubble will soon implode just like other bubbles. http://www.nytimes.com/2...tml?ref=forprofitschools$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Goldman Sachs china recommendations:- Mar 31 2011 -> http://www.businessinsid...an-china-bullish-2011-3
May 24 2011 -> http://www.marketwatch.c...-452e-8921-5f5b3d553a56
Interesting, quite flipflop... China inflation & a silent bailout they did on May 25th to local gubberment institutions is the signal. And their shanghai market says so. China data released today shows inflation still high up (5.5%) back to 2008 levels. Considering the fudging the gubberment has done in recent months and admitted it, I wonder what is the real figure. One of my favourite meals at pizza hut (rice sea food) is up almost 45% in 10mths. Food inflation is sky high and u can google all these info. Their gubberment will lose control of the dollar peg and revalue the RMB/yuan. That will hurt their economy. GDP 10% plus growth is officially over. Soros is in china and am sure his target is the RMB revaluation which has already begun. For a long time it has been held at USD/RMB 6.77-6.85. Now its below 6.5 in a few mths. Such a fixed peg this is... It's becoming disorderly just like the KES... Since RMB is untradable, HKD (hongkong dollar) is the better candidate for futures trade play. Global mkts are on a slow motion sell... Mar 2008... Btw the Japanese data today has killed off the supply chain debate. It's off the cliff and BoJ is back to wild lending or accelerating the yen printing inkjets... Coincidentally this is post 666... Pretty uncomfy... Update - This hacking stunts are now getting out of hand... http://www.pcmag.com/art...2/0,2817,2386880,00.asp
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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hisah wrote:
Update - And if you are a party animal in NY and strip clubs are your thing, note that lap dances are taxable. That's how the gubberment is raising tax revenues...
Funny, seems like tough times calls for tax measures. Imagine if it was in Ke.  “small step for man”
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Rank: Veteran Joined: 5/7/2009 Posts: 1,032 Location: Sea of Transquility
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hisah wrote:Goldman Sachs china recommendations:-
Coincidentally this is post 666... Pretty uncomfy...
Boy , u got humor.  “small step for man”
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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JP Morgan Ousts Mortgage Chief David Lowman After Lapses Over foreclosures... The mortgage fraud drama continues... Most smelly is the Bank of America saga... http://www.bloomberg.com...-over-foreclosures.html
Quote:
U.S. banks are dealing with the backlash from a bust in housing as mortgage losses and related litigation suppress earnings. Home prices in 20 U.S. cities fell 5.1 percent in the first quarter, the largest decline since the first quarter of 2009, according to the S&P/Case-Shiller index.
More on the Ching dynasty... China hikes bank reserves to contain inflation -> 6th time this year...?! But global investors expect a rally while global economists expect China to still push the 'recovery'... Wow!? Incredible!! http://en.mercopress.com...od-costs-up-11.7-in-may
http://news.xinhuanet.co...11-06/14/c_13929086.htm
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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History has a sneaky habit of almost repeating itself since foxes run the hen house. Until the hens kick out the fox, the repeat cycle is here to stay... History back in 2008 - Dexia bank group http://uk.reuters.com/ar...n-idUKL2249550220080722
Present history - Dexia again and a host of French banks -> http://www.morningstar.c...aspx?id=146256521386093
Future history -> Greece will default by Q4 2011. Then the chips will start falling... This is 2008 and the future is history. Europe coughed & lehman went bananas. Europe will cough again and... Do your homework and no cheating Note 'Grease' 10yr bonds at 30%+ -- Bond vigilantes sucking the victim dry. What happens to the weak neighbors Spain, Portugal, Belgium, Italy etc and that 'strong' euro currency... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 6/21/2010 Posts: 514 Location: Nairobi
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@hisah, this time it might be Goldman Sachs. Greeks are tired of the cutbacks and the Socialists relevance is falling politically, they are even planning to surround parliament so that their parliamenterians don't go on with the slaughter. Germans are on the other hand tired of providing cash for bailots & are asking Merkel to stop. The Euro is sliding though not by a significant margin. This one might be worse than 2008 coz the ripple effect from Greece will first be felt by Portugal then Spain coz no one will want to provide more bailouts, while investment bankers are crying in the states & US govt defaults or interest rates rises, consumer & job numbers go tumbling down whereas the world's factory continue what they do best but expensively due to rising inflation, drop in the value of their dollar denominated reserves & rise in wages. Simply said, Greece has to be bailed out & US debt ceiling raised if the world economy is to really recover. 'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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http://www.cnbc.com/id/43410272 -> Why Greece Is Not the Next LehmanI bet you Greece will be a Lehman... Lame stream media is selling you the craps as usual  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Something about Libya invasion... 144 tons of gold in its vaults is a lot of money for some bankrupt gubberments whom I won't mention... the gold dinar rumour... http://www.johnperkins.org/?p=1051
And something about Iceland... http://www.johnperkins.org/?p=255
Quote:Pasok's parliamentary group was scheduled to begin at 4.30pm amid speculation about a revolt of MPs against Prime Minister George Papandreou's leadership. http://www.athensnews.gr/portal/8/43198$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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hisah, 4000 mark broken Where to now? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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youcan'tstopusnow wrote:hisah, 4000 mark broken Where to now? The index went thru this mark some months back and got supported at 3900. The next support is 3600 if 3900 fails. Beyond 3600 is a lot of pain due to the weak support down to 3000.
Look for cheap bluechips and they'll be plenty I'm specifically looking at how the elephant aka safcom H1 results react to inflation with rock bottom calling rates & the Mpesa earns (to judge money flows). As a remainder I'm out of the market since my trigger was a 90/$. If NSE had short selling, I would be short banks & industrials.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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History - back in 1987 Dow had robo traders causing panic selling. Same in 2000 with nasdaq. In 2008 & the May 2010 flash crash. 1946 & 1962 come to mind, same behaviour... History is always the future i.e. trend reading aka sentiment aka psychology and wars or lack of them!? Oh, btw investment traders were being paid handsomely back then just like today - they never have pay cuts even on rainy days?! That's the definition of free markets forget the classroom material... http://www.youtube.com/watch?v=2MyToTwag34$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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