RIPPED! from the Headlines
Fuel Cells for the Smart Car? and The Euro and the US Stock Market
Two things that need to be noted that I noticed in the headlines
The first one MAY involve the future of the Smart Car. Diamler just released to the media more pictures of fuel cells… Hmm… That’d be nice, huh?
The second one is the about the Euro and the market. The European currency is expected to weaken against the dollar because “the downturn in the European economy is expected to turn out to be worse than that of the U.S.” Maybe the people, read Bush Admininstration and Associates, have it right that they are for a strong dollar but against “temporary” fixes like Japan did more than a decade ago and to some degree still doing.
Make note if you’re in stock market, expect to be in the stock market, short in the stock market, or anything inbetween. What do you think this means? Hint, hint?
Patrick Lalande
Filed under: Investing, economy, food for thought, headlines, stock market | Tagged: economy, headlines, investment, smart car, stock market | No Comments »
Recession: Loose Ships Sinks Lips
Cruise Ship Analogy pretty, pretty close.
I was asked when I first posted on the “coming” recession why I chose a cruise ship to represent the economy. I think it fits.
http://datafox.wordpress.com/wp-admin/post.php?action=edit&post=27
I was asked why the last one I wrote sounded like I gave up trying to explain where the economy is going. I think that fits as well.
Back in March when the DOW was last below the 12,000 mark it carved out a pretty sharp V. I heard one stock market pundit on TV say that while we weren’t looking the market bottomed. Many people expressed that same philosophy since then but I haven’t heard them say that today.
I had to laugh. The market won’t hit a true bottom until everyone, important enough to say that again, EVERYONE, gives up on it. They call that capitulation.
You’ll see it if you watch the headlines. I haven’t seen it yet. As of close as the beginning of this week I saw a chart saying that the economy really wasn’t as bad as people thought. That chart and article was the proof that the bottom wasn’t 11,600(+-) that I was hearing. The Loose ship syndrome.
Today the Dow closed at 11,453.
I can truly tell anyone interested that the headlines don’t lie. Sometimes they just don’t tell the truth. Its the loose lips syndrome.
For any others that just won’t listen? It’s the Loose Ships Sinking Lips syndrome.
Remember this one when I again point out TIPS and MyCustomDictionary as being the next big thing in web marketing.
Patrick Lalande
Filed under: Investing, business, commentary, economy, food for thought, headlines, recession, stock market | Tagged: economy, recession, stock market | No Comments »