October Stock Talk #6

I don't understand how my stock is up today?  It got into the plus when the dow was still down 280 or so.  I don't understand

Damn good question. 

In 2009, there'll be little change to any prices of anything that you see right now.  No way businesses can charge higher prices on things and move product in this hideous economy where unemployment is about to skyrocket to deep space 9.  Now, prices won't come down, either, cause businesses never really had time to pass the extra fuel costs on to the consumer back in spring when oil went through the roof-----but they've caught up now----just go to your local grocer-----ain't nothing's come down with oil tanking------fuuukkers.  Gas/Diesel will go up seasonally next year, and then probably stabilize around 3.50 a gallon from April through end of year.

OK, now the bad news and reality of all these stupid bailout packages that got rammed down our throats so "Wall Street fat cats" could all be saved from missing their "yearly European vacation" and 10000 square foot addition on their gd mansions.  In 2010, as the bill for the bailout packages falls due, you will see commodity hyperinflation that will make "Jimmy Rogers" walk around with a hard on 24 hours a day.  The inflation of 2010 will make what we saw in 2008 look like a damn joke.

Vermeer, I predict that inflation will be so horrible, that you will see Dow 20,000 by end of 2014, and in terms of today's worthless dollar, 20,000 then will be like 8,000 today (which is where we are now).

We got 5-6 years basically of going nowhere with the hideous and horrible leadership from the US gov't.

Move to Brazil, man.  And buy some gold bullion while you're at it.

The days of the USA as an economic power are caput------regardless of what that old man in Omaha is touting (for his own purpsoses, only).

CHEERS

The manager of the world's biggest bond fund said on Friday that forced liquidations, based on margin calls, are driving stocks lower, and not fear.

Bill Gross, chief investment officer of Pacific Investment Management Co. or Pimco, said on CNBC television that margin calls were driving the selling that has resulted in a long-term deleveraging of assets not seen since the 1930s.

The sell-off of positions in riskier assets will carry implications for corporate profits, Gross said, adding that he favored securities of companies that are receiving financial support from the U.S. government.

"You want to partner up with Uncle Sam," Gross said.