Down goes the Dow

coach d,

It is interesting and makes you scratch your head. I am not sure what to make of it other than the last last couple of weeks have been destabilizing, perhaps markets trying to reach equilibrium.

Igy

Referencing Goldman Sachs or David Stockman discredits your thoughts. Both are known as crooks and swindlers. I would not trust anything they said.

Meanwhile the energy sector continues to drag down the indices. How many are actually looking at the market sans that sector? I know I am

Maserati or Maserati Clone,

Most of what I post from Stockman's Contra Corner is not his authorship, but when he does write it is very thought provoking. Discount it if you like, you will be limiting your view of the investment world.

Igy

I prefer my views to be grounded in reality. As such, I am obliged to ignore everything posted by swindlers like Stockman, Goldman Sachs, Morgan Stanley, etc.

There's no doubt that some of what they say is meaningful. Nor is there an doubt that some of what they say is intentionally deceitful and manipulative.

Read them if you want, but you will be falling right into their trap.

Maserati or Maserati Clone,

OK. If you are so cynical, which sources do you rely on? Perhaps the Najerian Brothers?

Igy

If you've followed me on this thread, you know I am my own man. I don't need someone else to tell me what is happening. The data is readily available and I can interpret it without the help of those shysters.

The more you read their interpretations, the more you play THEIR game. They are playing you. It's obvious to rational independent thinkers.

You should not listen to, or trust, any of those crooks from GS, MS, etc. Their only goal - their ONLY goal - is to make money off of you. It's not about you; it's about them and their stockholders. Those who believe differently are hopelessly naive.

Hussman's Weekly Commentary 8/31/2015:

http://www.hussmanfunds.com/wmc/wmc150831.htm

Where are all the posters? It looks like the stock market is no more fun. Well get use to it.

Igy

coach d wrote:

("when the FED sneezes, the world catches a cold"), and I don't think it's going to be Goldman.

meh.

Rising interest rates in a low inflation environment is historically bullish, not bearish.

Ghost of Igloi wrote:

Hussman's Weekly Commentary 8/31/2015:

http://www.hussmanfunds.com/wmc/wmc150831.htm

Ah, the good old "it's different this time" argument. Some people never learn.

For the record, that was me being a little too eager to press "return".

Big Dog Investments,

No it is not, rather it is a message that this cycle is no different 2000-2002 and 2007-2009. In other words, an over-valued, over-bought, over-Bullish stock market that is now beginning the re-valuation process.

Igy

"If you review my concerns in recent years, prior to mid-2014, you’ll notice that they focused on the extreme nature of the “overvalued, overbought, overbullish syndrome” that had emerged. Examining these syndromes across history, these overextended conditions were typically accompanied or quickly followed by deterioration in market internals, and then by vertical air-pockets, panics or crashes. Because of that regularity (which was picked up by the methods that emerged from our stress-testing efforts), we shifted immediately to a defensive outlook when those overvalued, overbought, overbullish syndromes emerged. The problem, in this cycle, was that the Fed aggressively and intentionally encouraged persistent yield-seeking speculation regardless of valuation extremes. One needed to wait until market internals deteriorated explicitly before taking a hard-negative outlook on the market – a requirement (“overlay”) that we imposed on our methods last year."

AKA, it's different this time.

Maserati wrote:

If you've followed me on this thread, you know I am my own man. I don't need someone else to tell me what is happening. The data is readily available and I can interpret it without the help of those shysters.

The more you read their interpretations, the more you play THEIR game. They are playing you. It's obvious to rational independent thinkers.

You should not listen to, or trust, any of those crooks from GS, MS, etc. Their only goal - their ONLY goal - is to make money off of you. It's not about you; it's about them and their stockholders. Those who believe differently are hopelessly naive.

Your tin foil hat is a little crooked there, brah.

radar love wrote:

Maserati wrote:

If you've followed me on this thread, you know I am my own man. I don't need someone else to tell me what is happening. The data is readily available and I can interpret it without the help of those shysters.

The more you read their interpretations, the more you play THEIR game. They are playing you. It's obvious to rational independent thinkers.

You should not listen to, or trust, any of those crooks from GS, MS, etc. Their only goal - their ONLY goal - is to make money off of you. It's not about you; it's about them and their stockholders. Those who believe differently are hopelessly naive.

Your tin foil hat is a little crooked there, brah.

I don't think so. There has been a fair bit of BS spewed by quite a few folks on this thread. But the notion that "Their only goal - their ONLY goal - is to make money off of you. It's not about you; it's about them and their stockholders." is not BS. It is a simple statement of fact.

Of course the same could be said of the folks running Apple, Google, Facebook, GM, Walmart, Costco, Boeing, Hertz, McDonalds, Nabisco, Exxon, Hovnanian... And calling them "crooks" is a bit over the top. But OF COURSE their only goal is to make money off of you. That's the nature of capitalism.

The beauty of it is that it works (for increasing average standards of living for most people most of the time).

OK Big Dog. I could pull out your continual refrain if I chose. If you read Hussman's article closely he believes this time is not different and he expects a 50% decilne in this market cycle like 2000-2002 and 2007-2009.

Like I said, this time is not different.

Igy

To the point:

http://davidstockmanscontracorner.com/looting-made-easy-the-2-trillion-stock-buyback-binge/

Be careful with that "Return"button, your cavalier attitude may need a "Reset" button before your Big Dog Investment becomes a Pound Puppy.

Rigor Mortis of the Robo Machines:

http://davidstockmanscontracorner.com/rigor-mortis-of-the-robo-machines/