The Wall Street folks like to talk about competition and survival of the fittest.
But survival of the fittest means exactly that. Survival of smart folks, and even smart dogs, over the weak intellect of Wall Street.
Washington needs to shut down the short-sighted in favor of a higher IQ.
That's what government is all about. Please get rid of any stupid influence on overall society. Please, get rid of Wall Street in the present state.
Tuesday, November 1, 2011
Silicon Valley and Wall Street
Here in Silicon Valley, most folks are the brightest of the brightest.
On Wall Street, well... we just don't get it.
We wonder exactly what kind of thing these folks were doing in college assuming they graduated in whatever subject they graduated in and assuming they have accepted the responsibility for continued learning from current events, etc.
In California, we have been disappointed with the intellect, and lack thereof, from Wall Street.
Maybe Wall Street needs to be changed to El Camino Real in Santa Clara Valley since the Wall Street folks can't seem to do anything constructive by themselves.
Sometimes, we need to make a change for the better.
On Wall Street, well... we just don't get it.
We wonder exactly what kind of thing these folks were doing in college assuming they graduated in whatever subject they graduated in and assuming they have accepted the responsibility for continued learning from current events, etc.
In California, we have been disappointed with the intellect, and lack thereof, from Wall Street.
Maybe Wall Street needs to be changed to El Camino Real in Santa Clara Valley since the Wall Street folks can't seem to do anything constructive by themselves.
Sometimes, we need to make a change for the better.
Occupy Wall Street - NASDAQ NYSE BAC and other Bank Protestors
They are NOT protesting because of some class war.
They ARE protesting because they don't like stupid folks wrecking the worldwide economy.
In the US, we were taught to always take stupid folks out of our way but then to be somewhat kind to them.
As usual, we are finding it hard to be kind to them.
They ARE protesting because they don't like stupid folks wrecking the worldwide economy.
In the US, we were taught to always take stupid folks out of our way but then to be somewhat kind to them.
As usual, we are finding it hard to be kind to them.
euro/usd - at the present trajectory...
... we will reach 1.3 in the very near future.
True value is about 1.0, so no one should complain about 1.3 or so.
True value is about 1.0, so no one should complain about 1.3 or so.
Big US Banks - again going down - please, no bailout this time!
Armageddon is close enough that a true grim-reaper is standing at the front doors of BAC and Chase in a fully dressed black holloween gown, except the blade is not a costume and is made of true well-sharpened steel.
The Greek default is tiny compared to the Italian and Spanish defaults to follow and the big banks are intertwined never to be released. And the big banks use your money, not their own. (1st rule of investment = never use your own money.)
We wouldn't harp on this if it were simply the European banks. That we could understand. But the US banks? A travesty worse than 2008.
The Greek default is tiny compared to the Italian and Spanish defaults to follow and the big banks are intertwined never to be released. And the big banks use your money, not their own. (1st rule of investment = never use your own money.)
We wouldn't harp on this if it were simply the European banks. That we could understand. But the US banks? A travesty worse than 2008.
Strategy we Advise - EUR/USD and SP NASDAQ DOW all the Same
1. Uncle Ben cannot print more $ with the Republicans on his rear-end nearing 2012.
2. ECB must print Euro as part of the grand-default of the Euro-Zone.
3. Euro/USD way down and US equities (stock market) down exactly in correlation with EUR/USD as usual.
4. Get some US$ cash. Quickly.
5. Oil is a good short soon(!)
6. As are all other US$ traded commodities.
7. AUD and the NOK should follow suit.
2. ECB must print Euro as part of the grand-default of the Euro-Zone.
3. Euro/USD way down and US equities (stock market) down exactly in correlation with EUR/USD as usual.
4. Get some US$ cash. Quickly.
5. Oil is a good short soon(!)
6. As are all other US$ traded commodities.
7. AUD and the NOK should follow suit.
EUR/USD Overnight Trade
Asia will not take any stand on turmoil so there should be zero movement until Europe wakes up and... well, nobody knows(!)
If you are interested, take a look at the AUD/USD movement overnight.
If you are interested, take a look at the AUD/USD movement overnight.
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