Is there any chance of a V-shaped economic recovery?
His response:
"The odds are pretty close to zero."
Anyone want to take the other side of that bet now?
Corporations are lean to the bone. Any increase in revenue will give massive margin expansion, and even bigger profits to the bottom line. That thesis was recognized and touted at under S&P 700 on this blog. It's nice to see that at 1085 on the S&P that Wall Street has figured that out also!
And the same old tired stories, bandied and blathered out by the bears, have been used since this bull market's infancy. Most no one talked like this then. Except here of course! They still believed in the end times!
The case for V? As I said before. The Us, and Ws, can go to L.
We have V!!!
And speaking of V--How about those October 72.5 calls calls I advertised on V last week at .70. You'll have over a quadruple on them this morning.
As advertised!
The case for V again!
And the market? Isn't that starting to look like the beginnings of the melt-up that was advertised last week also?
As advertised!
The case for V again!
And what other assurance can I give you that the recovery will be a V? Just ask Fed Vice Chairman Donald Kohn. Yesterday, he said we wouldn't have a V shaped recovery.
Which means we will.
The case for V again!
The V is just the bulls vendetta for the bears!
And for those cowardly bulls that have been missing this move, I'll give them a line from the movie they should plaster on their forward.
"Only when you have no fear, are you free."
But why wouldn't market players be fearful? After all, it's the bull market of the beast! And with that, the "spirit of fear" was thrown in also.
For God hath not given us the spirit of fear; but of power, and of love, and of a sound mind.
II Timothy 1:7
Tuesday, March 10, 2009
We go higher
I'd put another giant bull on the top of this piece, but you got that yesterday.
Thursday, March 12, 2009
Hexakosioihexekontahexaphobia strikes!
The fear of 666!
http://en.wikipedia.org/wiki/Hexakosioihexekontahexaphobia
The S&P hit it's low at 666.
The inflation-adjusted return of the S&P from the 1982 bottom, to the 2000 top was 666%.
The return from the Dow's low of the 1987 crash, to the 2000 high was 666%.
And now, 666 strikes again.
Thursday, March 12, 2009
Wall Street's recovery
It's the bull market of the beast.
The low in the S&P was 666.
The low in 1982, on the DOW was 777 before it's 18 year run.
And when the market crashed in October of 1987, to the high in 2000, the S&P had moved 666%, and it took 3,141 trading days (pi).
So let's take the S&P low of 666.666 X 666.666% and we have a target of 4,444 in the S&P.
Since I was born at 4:44 AM, on this earth that spins around the sun at 66,666 miles an hour, I'll take those numbers.
The V!
As advertised!!!
The case for V again!!
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