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  • Major Indexes Break Out, Wall st Wins Again, the 99% are Losers [Edit or Delete]0 comments
    Oct 21, 2011 10:59 AM
    Rofl stocks surging as they always tend to do. Every major indexex has now broken out to a 2 or 3 month high. 

    A combinaion of yet ANOTHER quarter blowout earnings from tech companies like AAPL GOOG IBM MSFT in addition to massive consumer sending and exports have put another media generated double-dip recession to rest before it had a chance to begin.
    Wall st wins again, occupy Wall St. loses. 99% are losers. 1% are winners. The market is laughing at these losers by posting a 3rd consucutive week of gains as occupy Wall St. attendence numbers begin to fall. 
    Facebook, twitter, goupon valuations have surged since the 2011 market bottom and show no signs of slowing both interms of marketshare are revenue. Wealth creation, asset infltion, pain at the pump, surging food prices still unstoppable. My house keeps going up everyday.

    We got high consumer & student debt, record small business failure, no job creation but thus isn't bad for the economy. This is a winner-take-all economy. Big, successful companies and start-ups are rewarded with perpetually rising valuations. Massive inflows from China still keeping rates sooooooo low even after stocks have rallied for a 3rd strait week. 
    The libs (such as the the 99%-ers) want to see less spending..wont happen lol 
    They want to spread the welath arond. 

    As I wrote back in August during the overblows debt crisis: the debt binge is here to stay. It sure is. Same for the profits & earnigns bonnaza. Same for the bull market. Same for buy all dips.
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