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User Info New Reservoir Of Demand... Hahahahahaha in forum [Ticker]
Genesis
Posts: 71435
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/1331-N....

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-08-14 08:17:55
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Glock36
Posts: 327
Incept: 2009-06-03
Banned
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I think that these two jokers are confusing Pent-Up Demand with Pent-Up Rage.

The difference should become very clear in the near future, as we are starting to see the early stages of it, now!

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Black Helicopters Are Like ****roaches, You Never Find Just One
Glock36's Law: Murphy Was An Optimist
When You Find Yourself In A Hole, Don't Look Out Until You Identify The Type, As It Could Be A Foxhole
The Greatest Enemy Of Knowledge Is Not Ignorance, But The Illusion Of Knowledge - Dr. Hawking
2009-08-14 08:26:56
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Karlmarxghost
Posts: 2641
Incept: 2009-01-26

Stealing Your Property
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God I hate to sound like a broken record but we dont need to be spending we need to be saving and producing. We need interest rates at 15% so people will start saving and being rewarded for doing so. We need to retool all these mall into factories or something that produces something we can export.

This consumer driven economy will come to an end although TPTB will try to keep it going as long as they can. Can they blow another bubble? I'm not sure but they sure will try....

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My views are my view and mine alone. Karl or ticker forum does not endorse or necessarily agree with my views. DO not trade on my views or take them personally.
2009-08-14 08:31:29
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Kidhorn
Posts: 88
Incept: 2009-08-11
Rockville, MD
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I don't mind the pumping one bit. It just means my puts will make even more. Right now reminds me of the first half of 2007. Bad news was ignored. I think the DOW went up something like 23 days in a row. My bank puts were getting clobbered. Some idiot bought Lending Tree for the strike price of my puts, which were way in the money at the time, and cost me $XX,XXX in one day. I was ****ed. I held tight and eventually made $XXX,XXX.

I have a load of puts set to expire in Jan 2011 and will buy more as the markets go up. I know I'll clean up. It's a matter of when the markets collapse between now and then.

2009-08-14 08:35:10
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Sondog
Posts: 58
Incept: 2009-05-18
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I saw this on BB and knew you would jump on it Karl! Ha what a joke! After a week in which jobless claims stayed way high, we found out we have record personal bankruptcies, record foreclosures and record house price declines, and of course lower retail purchases!

I officially believe I am standing with one foot in one universe and the other foot in some alternate universe.

Oh and did you see the ZH graphic on insider sales? If you take out one 40 mill purchase by a CEO of a pharma offering, the selling to buying is +1B to a paltry 20 mill. 50 to 1!

2009-08-14 08:37:10
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Sideler
Posts: 805
Incept: 2007-11-10
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Just about time to short the phone book....iiiiiiiit's coooooming!
Hell Yeah! Spot on.

2009-08-14 08:37:35
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Glock36
Posts: 327
Incept: 2009-06-03
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Quote:
Can they blow another bubble?


They already did, in the U.S. Markets. The problem is that Joe/Josephine SixPack has not taken the bait with his/her own finances, at least thus far.

The problem is that the debt created to make the bubble is owned by Americans for generations to come.

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Black Helicopters Are Like ****roaches, You Never Find Just One
Glock36's Law: Murphy Was An Optimist
When You Find Yourself In A Hole, Don't Look Out Until You Identify The Type, As It Could Be A Foxhole
The Greatest Enemy Of Knowledge Is Not Ignorance, But The Illusion Of Knowledge - Dr. Hawking
2009-08-14 08:39:41
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Dji
Posts: 720
Incept: 2009-04-21

Fleming Island
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Morning local news today said Fidelity telling people to get off the sidelines.

Do they need BAG HOLDERS ?

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What goes up Must come Down- Alan Parsons Project
THE TRUTH HURTS! -Dji
2009-08-14 08:55:33
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Templar223
Posts: 397
Incept: 2008-04-28

Champaign, IL
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Close all banks for a week?

That would have been disastrous to the economy.


A hard limit to non-performing loans?

The banksters would have sat up and taken notice. They also would have shut off credit to all but sure thing loans, meaning a big hit to the economy.


Now, I'm not saying that these wouldn't have been the right thing to do in the long run, but Karl, you must remember that Obama is never going to put the country first... he's going to put his party and his mission of "remolding" our nation first.

John

2009-08-14 08:57:09
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Wrld_econ
Posts: 643
Incept: 2007-09-18

Tennessee
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Fidelity sent me an e-mail saying that I needed at least 20% in stocks.

Maybe I'll pick up some FAZ soon.


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Correction in a bull market: Healthy
Correction in a bear market: Very Scary

2009-08-14 08:59:21
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Dji
Posts: 720
Incept: 2009-04-21

Fleming Island
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Wrld_econ,
What did you tell them?

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What goes up Must come Down- Alan Parsons Project
THE TRUTH HURTS! -Dji
2009-08-14 09:05:23
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Wisc-xc
Posts: 4828
Incept: 2007-07-14

outside chicago
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Bull**** on the reservoir of demand meme. Spent last evening with six local deep pockets. To a man they were extremely bearish on the outlook going forward--and they don't read Ticker Guy. This sentiment coupled with that seen on my trip out east has me firmly convinced that the financial press and the political establishment has totally decoupled from reality--by design, of course. I'm within inches of shorting the phone book.

2009-08-14 09:07:44
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Viper
Posts: 717
Incept: 2007-08-28

Madison, WI
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Heads up, this looks worded funny to me:

"There is a of course a huge difference between profits and stock prices..."

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http://www.mccotterforpresident.com/
2009-08-14 09:13:17
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Coolhandluke
Posts: 5637
Incept: 2007-12-19

Out of the box
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Very few people that have struggled to keep their head above water for the past year or two only to finally go bust will try again to load themselves down with another mortgage they can't afford and credit card debt that will never go down.

No, I think those that have lost it all don't want it back and those who have not lost it all don't want to put themselves in the same position as those who have.

That's human nature and I believe that will influence the economy more than any skittle induced bull**** pumpage.

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It's not that I'm lazy, I just don't give a **** anymore.
2009-08-14 09:26:05
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Flapdoodle
Posts: 659
Incept: 2008-01-25

La Serena, Chile
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reservoir == toilet

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--Smooth seas do not make skillful sailors. - African Proverb
2009-08-14 09:30:12
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Glock36
Posts: 327
Incept: 2009-06-03
Banned
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Some News Not Read By JP Morgan Of ***** Street

Quote:
WASHINGTON — A bleak report on retail sales Thursday reinforced a nagging worry of economists: Shoppers won’t spend enough to help a recovery take hold...


Quote:
Aug. 13 (Bloomberg) — Sales at U.S. retailers unexpectedly fell in July, raising the risk that consumers will keep cutting back as job losses mount and temper a recovery from the worst recession since the 1930s.


Quote:
Britain’s Uber-bear is growling again. After predicting a torrid "relief rally" over the early summer, Bob Janjuah at Royal Bank of Scotland is advising clients to take profits in global equity and commodity markets and prepare for another storm as winter nears.

"We are now in the middle of a parabolic spike up," he said in his latest confidential note to clients.

"I expect this risk rally to continue into – and maybe through – a large part of August. What happens after that? The next ugly leg of the bear market begins as we get into the July through September ‘tipping zone’, driven by the failure of the data to validate the V (shaped recovery) that is now fully priced into markets."


Etc...Etc...Etc.....

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Black Helicopters Are Like ****roaches, You Never Find Just One
Glock36's Law: Murphy Was An Optimist
When You Find Yourself In A Hole, Don't Look Out Until You Identify The Type, As It Could Be A Foxhole
The Greatest Enemy Of Knowledge Is Not Ignorance, But The Illusion Of Knowledge - Dr. Hawking
2009-08-14 09:36:23
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Spazznout
Posts: 235
Incept: 2009-04-15
Columbus, Ohio
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How can you have pent up consumer demand with a U-6 unemployment rate north of 16%. I have never taken a single economics class but too me this seems like a question that these "economists" need to answer.

Mathematically I cannot make this "pent up" demand come out in any equation I try using .Gov issued #'s. Simply after all the bills are paid I keep deriving a net negative number for consumers and our Treasury.

Am I missing something here? If there is pent up demand I would really like to know where the $$ is being hidden, Cause it dont show on paper and therefore must be the greatest illusive tax shelter ever. And if this is the case why would anyone move it from their to this Mrkt.

I digress...this has all becomes so illogical anymore. Maybe its just my lack of higher education?????

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"Those who make peaceful revolution impossible, make violent revolution inevitable."

John F. Kennedy
35th president of US 1961-1963 (1917 - 1963)

Last modified: 2009-08-14 09:44:51 by spazznout

2009-08-14 09:42:55
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Wrld_econ
Posts: 643
Incept: 2007-09-18

Tennessee
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DJI

Told them I'm waiting for direction. Used to average over 800 trades/yr, did about 5 the whole summer.
Getting lots of "opinion statements" about where the market is going and what to invest in. Seems the stock "marketing" forces are out everywhere.
Had a meeting last Saturday night with some heavy investors. The end result was that everyone would wait until September before investing again, most have gotten out.
My presentation was comparing the market now to the 2003 rally. There is no comparison from an economic standpoint.

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Correction in a bull market: Healthy
Correction in a bear market: Very Scary

2009-08-14 09:45:49
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Sondog
Posts: 58
Incept: 2009-05-18
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Karl or someone, please document all of these ridiculous calls. Let's make the mother of all mash-ups later, overlaid with the soon to be crashed indices. I'm thinking a youtube slide presentation that has everyone from Dennis Kneale to JPM to Fidelity, etc., quoted showing just where in this sucker rally they made their calls.

2009-08-14 09:55:19
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Glock36
Posts: 327
Incept: 2009-06-03
Banned
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The newly reported Consumer Sentiment seems to be heading in the opposite direction of Consumer Pent-Up Demand.

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Black Helicopters Are Like ****roaches, You Never Find Just One
Glock36's Law: Murphy Was An Optimist
When You Find Yourself In A Hole, Don't Look Out Until You Identify The Type, As It Could Be A Foxhole
The Greatest Enemy Of Knowledge Is Not Ignorance, But The Illusion Of Knowledge - Dr. Hawking
2009-08-14 10:04:04
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Dji
Posts: 720
Incept: 2009-04-21

Fleming Island
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Wrld_econ
Yep I was told their money not your's is in cash and bonds.
S&P 666 may not be the low, a testing we may go!

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What goes up Must come Down- Alan Parsons Project
THE TRUTH HURTS! -Dji

Last modified: 2009-08-14 10:13:21 by dji

2009-08-14 10:12:48
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Thumpher
Posts: 20
Incept: 2009-06-04
Gainesville, Fl
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I consider their definition of pent up demand to be somewhat analagous to having my cable tv go out. For a few days or weeks I really miss it. After a month or two I can get by just fine without. After several months I can't imagine why I ever had it in the first place.

Take away J6P's ability to fill his house with shiny toys and at first he's sad. As things get worse he has to peel off all the monthly obligations he's saddled himself with...the gym, dsl, premium satellite, subscription to STRATFOR, pilates for the wife, piano for the kids, etc. Now he feels downright poor. He might even tell the pollster that he's 'suffering'.

But after six months without any of it finds he doesn't even miss it anymore.

Plus now I have he has more money for ammo.

2009-08-14 11:03:35
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Uppity_peasant
Posts: 301
Incept: 2009-06-26
Online
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Dji: "Morning local news today said Fidelity telling people to get off the sidelines."

LOL! Saw an article Tuesday on USA Toutoday Money section: "Money market funds are yielding almost nothing" http://www.usatoday.com/money/perfi/fund.... (By John Waggoner, USA TODAY).
The siren song of the crooners trying to draw the rubes back into the market...

Yeah, they NEED bag holders.

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Take your red pill daily @ The Market Ticker, with your host Karl "Morpheus" Denninger


Last modified: 2009-08-14 11:07:16 by uppity_peasant
Reason: bad html

2009-08-14 11:04:23
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Hirooonoda
Posts: 77
Incept: 2009-07-31
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"God I hate to sound like a broken record but we dont need to be spending we need to be saving and producing. We need interest rates at 15% so people will start saving and being rewarded for doing so. We need to retool all these mall into factories or something that produces something we can export."

Damn straight. Until we become a "producer" as opposed to a "consumer" we're in a very deep hole.

We need to repeal the entire notion of "Free Trade" as we've seen it weakens America and strengthens our enemies.


2009-08-14 11:47:05
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Karlmarxghost
Posts: 2641
Incept: 2009-01-26

Stealing Your Property
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@ Hirooonoda

Quote:
We need to repeal the entire notion of "Free Trade" as we've seen it weakens America and strengthens our enemies


and enriches the internationalists who could give a ****s less about America or its people

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My views are my view and mine alone. Karl or ticker forum does not endorse or necessarily agree with my views. DO not trade on my views or take them personally.
2009-08-14 13:03:59
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