Monday, July 11, 2011

WINTER'S COMING


Kondratieff Winter....K Wave .......Kress Cycle....P3......Megasupercycle deflationary wave. You name it whatever you like. It's essentially an imbalance of debt of historic proportions that has developed and its ultimate outcome is already written in economic stone. It wants your blood. It wants a lot of blood. Its a virtual growing parasitic organism that has grown on the corpse of the world's free world. It is a parasite so it does not want to kill its host so its attempting to adapt and maintain the heart of its host to continue to pump its precious blood. Unfortunately the host is on its last leg and the revelations in Italy over the increase in its debt rates is putting an additional strain on the patient. Of course death can be postponed with more transfusions and I have no doubt this will occur. But with the current Kabuki theater going on in Congress in the U.S. it may behoove the PTB to inject a little fear and dollar strengthening in the near term. Gold may continue to move up even though the dollar strengthens which occurred during a similar fear move last year during the Eurozone disruptions. We're getting late in this game gang and the ponzi is encountering increasing difficulty with sentiment. You can push many aspects of their measurements by manipulations but ultimately a stalemate is being reached in this long in the tooth game. Jobs are rolling over. CONfidence is rolling with it. Without confidence you have NOTHING. All of you be careful, we are entering into a zone that can get very volatile quickly. I still like EUO and gold. But this too can roll over. Enjoy the week it should be another week to trade.

Obama is going to get the extension of the debt limit.....MAKE NO MISTAKE. This will goose the market and Precious metals. A little fear will give the pols some cover. The republipukes are NOT going to stand in the way. Its all kabuki theater. You wanna see instant depression just pull the "There will be no extension of the debt level". hahahaha...... Seriously? Who do you think pulls that string. Not those two bit graft artists. gl all....watch Europe though.....that is going to keep things nervous

15 comments:

  1. Kli, Any thoughts on how Q2 earnings will play out? We know market will rally when debt ceiling is raised, causing dollar to tank and PM's to soar. Until then, fear of debt ceiling extension could weigh on market.... unless earnings beat consensus and guidance is good. ???

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  2. no klc...right now they have 60B in long term debt this week to refi.....and they are taking advantage of the fear to sell the treasuries...I took advantage at the close to hold vixx and SH rebuy which i dumped at open. will try and reboot today... Q2 should give mixed guidance at best....with margins coming into question in many of the techs....I don't like any of it...ANYONE giving good guidance will be suspect.

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  3. All,

    I won't be around much for about a month or so, need to take care of some business, so happy trading to all and make some money folks.

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  4. gl Joe....at wurk today and best wishes with you.......

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  5. I am watching the low volume selloff on NKTR. Down over 3% today so far. They have several potential drugs in development.
    The selloff looks suspicious to me. I might take a position.

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  6. Thanks for your feedback, Kli... :D

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  7. Kli,

    Not sure if you own DTO anymore, but your timing on that beast was well played on its mini run-up the last two trading days. props to you.

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  8. dumped the remaining DTO shares this morning.....thnx

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  9. oil holding up....that indicates that its too dangerous to dump it further due to global liquidity collapse....I won't add dto untill the rebound......

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  10. Hope your business goes well Joe, thanks sharing your philosophy it's given us all something to think about if we choose to do so.

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  11. Best to you Joe...you will be missed. Enjoy that 4-yr. old, what a special age! No trades today, scaredy cat. Just aholdin' the core, saw auy went up.

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  12. I took an initial position in NKTR at 7.30.
    Hopefully, the big boyz are accumulating.

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  13. http://www.bloomberg.com/news/2011-07-11/u-s-joint-navy-drills-inappropriate-china.html

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  14. Hi Joe

    Just wanted to follow up everyone and say all your great comments and insights will be missed while you are gone.

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