Force Majeure Markets~ How long can this Alice in Wonderland Market ignore the numbers?

The $2000 similar one-year money back guarantee Big4 Weekly Asset Allocation still likes the small caps, so we look forward to the TopTen release this week by the First Day of Spring.

Those on Wall Street conditioned people not to look for such boutique returns. Big Wall Street firms tend to follow herd analyst groupthink lemmings over the cliff, while proprietary trading desks fade or front run clients.

How many Wall Street professionals in fact warned people to get out before the 2008 Crash?

The Fed and Treasury certainly did not warn people, the taxpaying electorate, what was coming.

How many Investment Houses told people in ads, after the October and November Crash of 2008, to stay in their -50% portfolios for the long-term?

And how many bipolar Radio or TV touts gave thumbs up on AIG, Bear Stearns, CIT, GM or Lehman brothers, not long before they went belly up?

How many are now saying, I told you so, after the S&P 500 big stocks went up 72% from last March, looking for Blue Skies from now on?

http://www.youtube.com/watch#!v=Tr6EldSFwOI&feature=related 3:45


How many told people the real gold-adjusted return on big cap multinational stocks like the S&P500 was way down, almost -86% the last ten years?

When will monopoly media carry that story?

http://stockcharts.com/charts/gallery.html?s=spxAold

More to the point, how many now pumping gold are telling people, like Big4, that paper GLD peaked last December 3rd, a Wednesday, at 119.54 and is targeting 94?

http://stockcharts.com/charts/gallery.html?s=gld

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This entry was posted on Tuesday, March 16th, 2010 at 6:56 pm and is filed under Market Psychology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

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