And we are off

[cottonpicken]

Strong open in the metals,dow tanking,treasuries
slightly up,grains not open,oil down.

This could get interesting.

[rockpile]

Cott,
I'm not chicken little yet. Lots of cash floating
around looking for a home. Investment community
psychology in fear mode. Lots of Corps reporting
good returns, hanging onto cash flow. Soon low
stock prices will begin to look like bargains for the
greedy. In other words the fundamentals don't
necessarily support what's happening in my view.
US debt - nasty but manageable - Jack Mintz, U of
C. Reign in spending, especially the 'sacred cow' -
military. Raise taxes on the rich like Warren Buffet
wrote. Tea Party - a bunch of wing nuts and the
guaranty that Obama will be re-elected in 2012 as
the GOP implodes. The Euro is on the way out is my
guess. And I agree with you, gold is way over
bought. Pity the poor fool who buys at $2,000 an
ounce. These are my humble observations and I am
certainly not as tuned in as you, but I always pay
attention to your comments. Very good insight.

[silverback]

Yes, a bunch of wing nuts who want smaller, less intrusive governments who respect individual freedom, rule of law, and the constitution. Wing nuts who think spending is out of control and want it reigned in. Wing nuts who believe the best system to raise the standard of living for all is a strong free market without overreaching government regulations.

The problem with those ideas is ...?

[Hopperbin]

Minus the wing nut lecture this is called a buying oppotunity, when to buy in. If wing nut does not think of buying opportunity then he is the wing nut. Just when to buy, these stock are making a shit load of money.

[parsley]

Manganese is an interesting word.

[rockpile]

Good morning Silverback, yes those are all very,
very sound platitudes. We have 11 candidates vying
for the leadership of 2 parties in AB and everyone of
them stand by those principles without exception
but then we already know the difference between
campaigning and reality, don't we? My comments
on the Tea Party are to suggest that 1. they are not
a political party, 2. they are undermining support
for the GOP and 3., they do not represent the
majority view in the US - ergo, Obama wins. There
is too much evangelical - baptist fundamentalism
as the driving force behind the movement and I
urge you to pay attention to the fine print. You talk
about Liberty, but what I see in some Tea Party
candidates a strong desire to conform everyone to
their own mindset and decide for you what your
kids can learn or not learn, what you can watch or
read and an interpretation of the Constitution that
reminds me of Orwell's 'Animal Farm' - we are all
equal except some of us are more equal than
others. Anyway, you missed the point of my
observation and question to Cott - what is the
market future to do in the mid term with a second
Obama mandate? If you want to debate Tea Party
politics, start a new thread.
Rockpile

[silverback]

Yes Sir! Sorry Sir!

[jensend]

i'm hoping bachmann or perry wins the nomination and the election. might as well get straight into the depression as all this fumbling around prolonging the agony.

[cottonpicken]

The market is doing what it has been doing for the
past ten years.

Everything is deflating to gold and tangibles.

Paper is just that paper.

The fact that some have dove headlong into
treasuries is funny and not uncommon to heard
mentality.Just think of all the suckers that where
piling into the nasdaq and housing gong shows.

When they relize the true rate of inflation and
subtract that from their yield,panic will overcome
them and the stampede will occur.

Shooting from the hip the bond market is
100trillionish?120?

Now tell me what happens to the price of these
things when people start to exit?

The global governments are telling you what the
yield will be,but what about the price?

These are the questions that go bump in the night
in my mind.

[parsley]

You don't sound romantic, Clyde