PALOOKAVILLE FINANCIAL stardate : capitulation day+102
...it sho am cold...inna loff...
...folks is all bundled up inna xmas swettez...freezin they bollocks off...
...hardleh a soun come aht o any onnem...
ECSTATIC INNA ATTIC
paintbrush : ??.suckah gone dahn...innit!
zooney : tomorra be anutha day...anna new yeah...
beulah : ....yawn...
laverne : sumbich...
opkin : bollox is fulla pre-dicks...
spidah : onna web...no one hear ya laff...
dopey : ake me up wennit all ovva...
grumpy : we saved the wurld...innit!
neinstine : time is relative...time ta see the relatives...time ta cut loose...
The financial crisis has slashed the equivalent of £60,000 from the wealth of every family in Britain in the past year, research suggests.
ANOTHER YEAR ANOTHER DOLLAR
...in palookaville we take predictions seriously...
...which is why we don't make none...
scheizer : ...: It's pretty clear the pros aren't buying. They are selling to the usual victims with the help of the Wall Street media.
The November low was a panic low and not a capitulation low. Capitualtion is when no one wants stocks, period. With the latest EPS forecast for SP500 earnings now at $42, and a Bear market bottom of a PE=8 (based on the last 4 big recession bottoms), the SP500 could/should see 42 x 8 = $332 in 2009. Perhaps we will see capitulation then. comment
...scheizer : Inning one of the Depression - perhaps that is the way you should look at it, plus read this:
petey : my comments on seekin alpha stuff
