Wednesday 24 June 2009

GROW YOUR OWN DOPE

yo!..plant an investor...innit!


PALOOKAVILLE FINANCIAL
capitulation day
+276...

...
Wall Street struggles for direction...

...“I don’t think this is the start of a major pull-back,” said Jeff Kleintop, chief market strategist at LPL Financial Services.

“Buyers and sellers have come together and begun to agree on a fair price following the powerful rally, which is why we have seen sideways trade.”

But Tim Howkins, chief executive of IG Group, said: “Equities need to go down again. They bounced too quickly and the feeling is

we still need to see a complete capitulation.”...FT


NOT IF BUT WHEN


...here, this morning...

...in palookaville...

...we await capitulation...

...we have been denied for so long...

...the zombie forces ranged against us...

...are legion...

...and well entrenched...

...they believe that they know the correct prices for all the various...

...financial assets...


...until the forces of creative destruction...

...rally to the cause...

...the zombies will continue to hold sway...


CAPITULATION DAY


...will arrive...

...eventually...

...the longer it takes...

...the greater the eventual bill...

...two lost decades in Japan...

...have not taught the zombie masters...

...that they do more harm than good...

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