Would not be surprised at all to see the market test the 1549 level going into the anniversary of the 2009 low tomorrow. We could also see an overthrow top, over the 2007 high all the way to the 1618-1620 level. This would define a megaphone top and I would look to short or add to shorts up there.

Guessing where the market is going to go is exactly that...guessing.

 

If any of you actually *knew* where the market was going let alone when it was going there, you would and should be billionaires. With a B.

 

Instead, you're here telling us you know.

 

Shaddap.

Dow past the closing and intraday highs. Jeffries puts a $1000 top on GOOG.

Dow past the closing and intraday highs. Jeffries puts a $1000 top on GOOG.

 

The same Jeffries that had a 900$ target on Apple two months ago? Until it started falling for unsubstantiated rumors, some of which were created by them, and then they cut their "target" to 600. It's currently at 420.

 

Jeffries and their s***ty analysts can suck a fat cock. They do nothing but momentum guess.

The same Jeffries that had a 900$ target on Apple two months ago? Until it started falling for unsubstantiated rumors, some of which were created by them, and then they cut their "target" to 600. It's currently at 420.

 

Jeffries and their s***ty analysts can suck a fat cock. They do nothing but momentum guess.

 

The same Jeffries that almost went under themselves due to European exposure.

Guessing where the market is going to go is exactly that...guessing.

 

If any of you actually *knew* where the market was going let alone when it was going there, you would and should be billionaires. With a B.

 

Instead, you're here telling us you know.

 

Shaddap.

 

 

 

 

whew. That was intense. Just had 3 $200 charges made on my account within 15 minutes. I had $100 alerts on luckily and was able to call Chase right away. They are a good bank to have for that stuff. I put a fraud alert on my credit as well. Hopefully contained any damage.

whew. That was intense. Just had 3 $200 charges made on my account within 15 minutes. I had $100 alerts on luckily and was able to call Chase right away. They are a good bank to have for that stuff. I put a fraud alert on my credit as well. Hopefully contained any damage.

 

That sucks. Hope they take care of that for you.

Coworker just had that happen with chase past week. Wonder if something was compromised?

Record close on the Dow at 14254.

Coworker just had that happen with chase past week. Wonder if something was compromised?

 

The more I tell people about this, the more people claimed it's happened in last few weeks.

The more I tell people about this, the more people claimed it's happened in last few weeks.

I had a credit card (Citi) get closed in Feb. after someone used it in Vegas.

 

I just assumed it was Shack.

Scariest Jobs Chart Ever Isn't Scary Enough

 

 

One of the defining graphs of our time (yes, there are defining graphs of our time) comes from the blog Calculated Risk. It tracks the job market in every U.S. recession and recovery since WWII — and it shows just how brutal the the past few years have been.

 

The chart cuts off when employment gets back to its previous peak. But, because of population growth, getting back to where we were five years ago isn't enough. To get back to full employment, we need to have millions more jobs than we had then.

 

This led us to wonder: What would Scariest Jobs Chart Ever look like if you compared the past five years with comparable periods for all of the other postwar recessions. How much worse is it this time?

 

Here's the answer:

 

(at the link)

OTOH we had an unexpectedly strong jobs report today. 236k new jobs in February, unemployment at 7.7%.

It seems like the lesson here is:

 

1. We're not that far off of "pace" if you consider the scale of each recession.

 

2. You can't make apples to apples comparisons with recessions that were considerably smaller in scale.

Why can't we just use the Reagan method, spend our way into full employment? Oh wait, it's totally different if they aren't defense jobs.

Scariest Jobs Chart Ever Isn't Scary Enough

 

Bernanke already said last week that it would be 2015 or 16 before we saw 6% unemployment again.

Lost Decade(s)

I had a credit card (Citi) get closed in Feb. after someone used it in Vegas.

 

I just assumed it was Shack.

I would only do that to Wite or Kyyle...

In Cyprus, the government is essentially confiscating 10% of all savings accounts in the country to bail out the banks.

 

http://www.nytimes.com/2013/03/17/business...tml?hp&_r=0

 

If I had money in any European bank, I'd be heading there first thing tomorrow morning. Not sure how this doesn't set off bank runs throughout the EU.

Edited March 18, 201313 yr by StrangeSox

In Cyprus, the government is essentially confiscating 10% of all savings accounts in the country to bail out the banks.

 

http://www.nytimes.com/2013/03/17/business...tml?hp&_r=0

 

If I had money in any European bank, I'd be heading there first thing tomorrow morning. Not sure how this doesn't set off bank runs throughout the EU.

 

This is just incredibly scary. It ought to send some shock waves through the Euro and the markets.

We are ruled by the stupidest f***ing people on the planet.

We are ruled by the stupidest f***ing people on the planet.

 

And yet you want to give those people more responsibility and more of our money...

that statement isn't limited to government entities.