Doomer Doug
TB Fanatic
HERE WE GO AGAIN!!! THE PUMP MONKEYS ARE IN ACTION.
No surprise on the open. The futures were up due to massive intervention by the BOJ etc. All this proves is if you spray enough lighter fluid on the barbeque you will get a 12 foot high flame.
All these types are expecting further government intervention, ie TARP, the FED, the BOJ pouring money to keep the economy afloat. Well gang, WHERE IS THE MONEY COMING FROM? THE ANSWER IS DEBT!!!! MORE AND MORE AND MORE DEBT. This is not sustainable in the near term or long term.
At any rate, Doomer Doug thinks today may be pump monkey frat party day. The pump monkeys will act like John Belushi did. Well, we know what happened to him down the road don't we?
Yep, pump monkey festival for at least the morning session. After that, reality may or may not set in. Never underestimate a Pump Monkey in full rigged market mode!
No surprise on the open. The futures were up due to massive intervention by the BOJ etc. All this proves is if you spray enough lighter fluid on the barbeque you will get a 12 foot high flame.
All these types are expecting further government intervention, ie TARP, the FED, the BOJ pouring money to keep the economy afloat. Well gang, WHERE IS THE MONEY COMING FROM? THE ANSWER IS DEBT!!!! MORE AND MORE AND MORE DEBT. This is not sustainable in the near term or long term.
At any rate, Doomer Doug thinks today may be pump monkey frat party day. The pump monkeys will act like John Belushi did. Well, we know what happened to him down the road don't we?
Yep, pump monkey festival for at least the morning session. After that, reality may or may not set in. Never underestimate a Pump Monkey in full rigged market mode!