tag:blogger.com,1999:blog-27697009.post8467299000555822797..comments2024-02-29T03:21:35.007-08:00Comments on The Great Depression of 2006 : Government Yells "FIRE" in Crowded Movie TheaterJim in San Marcoshttp://www.blogger.com/profile/09435296419912935381noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-27697009.post-89538445028960278012008-09-20T14:20:00.000-07:002008-09-20T14:20:00.000-07:00Hi WatchtowerWith the mess Bernanke and Paulson ar...Hi Watchtower<BR/><BR/>With the mess Bernanke and Paulson are making, you might also want to go long on toilet paper. <BR/><BR/>Being short toilet paper would be a bad callJim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-57035377672483729922008-09-20T12:45:00.000-07:002008-09-20T12:45:00.000-07:00Hi DjRichardThis is a lot more than even I expecte...Hi DjRichard<BR/><BR/>This is a lot more than even I expected. It doesn't look good.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-90004325759319757392008-09-19T19:04:00.000-07:002008-09-19T19:04:00.000-07:00I'm going long extra socks, shoes, quilts, etc.I f...I'm going long extra socks, shoes, quilts, etc.<BR/>I feel that these assets are truly a safe bet in the current environment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27697009.post-87202021927752717092008-09-19T15:07:00.000-07:002008-09-19T15:07:00.000-07:00Jim, looks like your call from your Sept 10 post p...Jim, looks like your call from your Sept 10 post postulating that US Gov will take on all the other garbage is coming true. Good call. Too bad it's coming true.djrichardhttps://www.blogger.com/profile/15687024819979476984noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-58748244833259805042008-09-19T14:47:00.000-07:002008-09-19T14:47:00.000-07:00I asked Dick Cheney what will happen when The Unit...I asked Dick Cheney what will happen when The United States Treasury invades Wall Street.<BR/><BR/>He answered:<BR/>Now, I think things have gotten so bad inside Wall St, from the standpoint of the traders, my belief is we will, in fact, be greeted as liberators. And the president’s made it very clear that our purpose there is, if we are forced to do this, will in fact be to stand up a debt that’s representative of the traders hopefully par value, and it, obviously, involves a major commitment by the United States Taxpayer, but we think it’s a commitment worth making. And we don’t have the option anymore of simply laying back and hoping that events in Wall St. will not constitute a threat to the U.S. Clearly, 12 years after the Dot.com buuble, we’re back in a situation where Wall St. does constitute a threat.I'm Not POTUShttps://www.blogger.com/profile/06885542838234710249noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-45801525335261145022008-09-19T12:28:00.000-07:002008-09-19T12:28:00.000-07:00Hi Anon 11:41The rules changed after the investor ...Hi Anon 11:41<BR/><BR/>The rules changed after the investor placed his bet. Plus now we have the threat of future rule changes. Smart money won't play.<BR/><BR/>They will sell into the rally and leave.<BR/><BR/>As for a call, you never yell "fire" in a crowded movie theater unless you want to die in the stampede. <BR/><BR/>The markets have no where to go but down.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-65546048388528351302008-09-19T11:58:00.000-07:002008-09-19T11:58:00.000-07:00Jim is almost British in his understatement. Don't...Jim is almost British in his understatement. Don't go back for your coat.Sackersonhttps://www.blogger.com/profile/09410040031410954403noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-91451564591527311972008-09-19T11:41:00.000-07:002008-09-19T11:41:00.000-07:00playing it safe jim???"it just might be time to he...playing it safe jim???<BR/><BR/>"it just might be time to head for the exits."<BR/><BR/>well is it or is it not time to head for the exits? it would be a lot more helpful for the readers, if you make a call one way or another, rather than playing it safe.Anonymousnoreply@blogger.com