Comments on: Companies Add Jobs for 18th Straight Month – Investors Jump Out Windows

By: 2thfixr

2thfixr — Tue, 06 Sep 2011 21:04:11 +0000

P, there is a nice, fat gravestone doji on the gold daily. Any thoughts? Especially with the dollar pushing 76, is 1936 in the cards still?

By: George

George — Tue, 06 Sep 2011 17:05:35 +0000

YES! I’m with ya. That puppy will go up for the next 10 years – or more.

By: phil

phil — Tue, 06 Sep 2011 16:04:13 +0000

30 yr printed an new all time high today

but has slipped back

closes above 141.26

and i will be buying bonds with both fists looking for a

1% handle on 30 year bonds

By: phil

phil — Tue, 06 Sep 2011 15:53:22 +0000

Bob Carver says:
August 12, 2011 at 2:57 am
For confirmation that the economy is FINALLY in recovery, see http://www.consumerindexes.com/index.html

BOB CARVER…??

three weeks ago we are FINALLY in recovery

and now a 50% stock decline????

which is it ????

By: 2thfixr

2thfixr — Tue, 06 Sep 2011 13:10:34 +0000

And given yields are lower again today, I’d say that candlestick is geting “confirmed.”

My EUO is looking very nice though. As are my short ETFs.

By: George

George — Tue, 06 Sep 2011 12:33:25 +0000

Speaking of cycles (and bubbles), how about those bonds?

This is another bubble Bernanke is blowing and it is going to splatter big time when it busts. I realize he has little choice in the matter due to the “damned if you do, or damned if you don’t” position he’s in. It just is what it is.

Here’s TBT weekly showing a bearish engulfing:

http://i53.tinypic.com/rmk0i8.jpg

By: 2thfixr

2thfixr — Mon, 05 Sep 2011 21:22:50 +0000

Well said Bob. I’ve been following the PE10 as well and getting into single digits is “normal” given history. Not that the gov’t isn’t trying to alter the indicators!

By: Bob Carver

Bob Carver — Mon, 05 Sep 2011 21:11:37 +0000

With CAPE (Shiller’s PE) at 20 and fair value at 15, a swing to 10 is more likely than not. It’s a swing trader’s market. Cyclically, we have the 120-year cycle bottom due in 2014 (probably with a retest in 2016 like the last cycle in 1896 did), so we should be looking for a 1973-74 scenario of a 50% decline.

By: After

After — Mon, 05 Sep 2011 14:13:33 +0000

Thanks for this post and your hard work, always.
I tend to see media stories of those struggling, perhaps it creates a bias.
Re trading, given the volatility, maybe the way to go is to buy on a down day (looks like futex are red currently), and sell some calls on decent
Companies.
Happy labour day

By: George

George — Mon, 05 Sep 2011 04:56:45 +0000

I would think that rates would be raised when core inflation rised and is deemed moving too quickly or too high by the Fed.

It seems the economy is in one of the business/generational cycles that could possibly take 20 years or longer to complete. I’m not sure when this latest cycle started except to look at technicals as a guide. Using year 2000 as a base, it’s half-way through.