A word to the wise (this excludes (natch. double-ducker, Flunt et al...)

greenspun.com : LUSENET : TimeBomb 2000 (Y2000) : One Thread

GREENSPAN'S REVENGE will be called "Hurricane Alan"

It was December 1997 when Fed Chairman Alan Greenspan uttered the TWO WORDS heard 'round the world. 100 years from now, financial history students will remember these TWO WORDS, if they recall anything about the

CRASH OF '99 - Burned indelibly in the minds of all market students for all-time will be the words, IRRATIONAL EXUBERANCE.

These TWO WORDS will live in financial infamy. To be sure Greenspan has had not a few visits to his shrink to help him cope with the embarrassment of these TWO WORDS. Greenspan was totally humiliated by these TWO WORDS. Greenspan was humbled. Greenspan was shamed. Greenspan was disgraced. Greenspan was demeaned and dishonored.

Since that fatal day when Greenspan blundered those two words in referring to the price level of the stock market (when the DOW was a mere 6000), stocks in the USA have soared 88%. MY GOD, 88%! How could the #1 Financial Man in the World, Chairman of the Federal Reserve Bank of the United States of America screw-up so badly?!

Needless to say, Greenspan is PISSED since his monumental faux pas. However, revenge is SWEET. Greenspan has engineered a financial 1-2-3 PUNCH, which insures the DOW et al will plummet not only to the IRRATIONAL EXUBERANCE level (6000), but to what Greenspan thought the DOW should have been back in 1997.

Greespan's financial 1-2-3 PUNCH

It was the return to a symmetrical (neutral) bias by the FOMC on June 30th that triggered the latest rally in both the bond and stock markets. But investor fears have quickly returned - with all attention now focused on rising wage pressures and this Friday's Unemployment Report. If a monetary pin is destined to pop Wall Street's overvaluation bubble, it could come from any of three sources:

a tumbling Dollar, rising bond yields, and direct tightening by the Federal Reserve. All well within the Fed's power to control (and with the same stealth and desception it has been employing in gold price manipulation since early 1996).

And all three appear to be "at risk" with falling bonds (rising yields) at the forefront. Consequently, investors should keep a watchful eye on T-bonds, and view any breakdown (rise in yield above 6.16%) as an ominous warning flag of greater trouble ahead.

There is a Black Financial Hurricane looming on the horizon. And per custom this HURRICANE will be given a name - what else could it be but "Hurricane Alan."

What the hell happened with the long bond? & gold? (madigan) Aug 04, 10:34 To answer your question," What the hell happened to the long bond?", and Gold, see if this makes sense.

As you noticed yesterday, the market was going to close in the red, but at the last minute, the DOW jumped to green. This gives the impression to the herd that the market made a recovery, when we know that it is just window dressing.

Now, this morning gold was up $1.20 for awhile, but suddenly dropped to -.10. This is another example of the big boys trying to turn the herd, before they run off a cliff.

They, the big boys, will throw some poor fools money, at a loss, trying to move the market in the direction they want it to move,ie. they sell some at a loss, in hopes to protect the balance.

We, gold bugs, need to relax, and watch, as they, the big boys, sacrafice a few of the herd, to try to save themselves.

Don't sell gold, gold shares, PM.

The less that is on the market in times of panic, the quicker the market will rally, and the panic quickens.

Sell everything that you can, except gold, get your cash together, buy gold, buy now, buy cheap, the fire sale is on fire.

From Gold-eagle.com

-- Andy (2000EOD@prodigy.net), August 05, 1999

Answers

Oh, and by the way, we sell gold if you're interested!

Jolly

-- Jollyprez (jolly@prez.com), August 05, 1999.


Yes Jolly!

Always keen to buy gold - can you give us a TimeBomb 2000 "discount"...!

Later,

-- Andy (2000EOD@prodigy.net), August 05, 1999.


Got any good recipies for preparing gold for a dinner for 4, with maybe a fiat salad made from freshly printed $100 bills?

Maybe what you sh*t out will have the honor of being the new world currency...intead of the dollar, we'll call it the bowller...

1 part gold/1 part paper/1 part sh*t...

That's better than what we have today...

1.5 part paper/98.5 part sh*t...

:) time for ni-ni...

-- Carl (clilly@goentre.com), August 05, 1999.


Andy ol' chum,

I find myself wondering if I might take this more seriously if it wasn't posted by someone who believes in a guy who asserts that Prince Charles is descended from reptile aliens.

But that may have more to do with me, than with you.

Cheers,

Your ol drinkin buddy,

-- Uncle Deedah (unkeed@yahoo.com), August 05, 1999.


Carl / Unc,

ye of little faith!

a) Carl - what makes you think I'm persueing financial end-points, not having taken care of the fundamentals??? Doh!

b) Unc - as Elton said "Don't Shoot The Piano Player..."

To the pair of you, things are approaching critical mass behind the scenes, a resolution has been on the cards since the LTCM debacle, the Plunge Protection Team are doing their best.... I think time has run out for them...

We'll see...

What say you Unc??? - a man of you're four score and ten, you've been around, nudge nudge - wink wink, what should we all do... shit, piss or get off the pan...

we are humbled and in awe of the possibility of market reaction to your imminent pronouncement...

-- Andy (2000EOD@prodigy.net), August 05, 1999.



When in doubt...shit.

-- Uncle Deedah (unkeed@yahoo.com), August 05, 1999.

We're you a campaign worker for Clinton?

-- Andy (2000EOD@prodigy.net), August 05, 1999.

Andy...

ROTFLMAO..:)

Happy juice catching up :)...

Ex-Clinton campaigner here, when in doubt, pull out a cigar, then sh*t...

-- Carl (clilly@goentre.com), August 05, 1999.


The mind boggles Carl... poor old MOAN-ica, saw a recent picture of her jogging in "The Enquirer" (I have a subscription, 2 years into 2001 for $199.99, best investment I ever made...), my constitution has still not recovered, makes Clinton look like a buff Pee Wee Herman...

PS

Did you know they eat gold leaf in India? Mine's a Vindaloo... !

-- Andy (2000EOD@prodigy.net), August 05, 1999.


Hmmm... this makes me wonder if the post-apocalypse doomer paradise has the same ideal of feminine beauty as our current society... Iff the worst predictions come true and human kind is still alive at the other side the US's ideal woman (I say US because Europeans aren't so narrow minded) will be considered one of the bizarrest fetishes ever cooked up by

-- Typhonblue (typhonblue@hotmail.com), August 05, 1999.


Eh?

-- Andy (2000EOD@prodigy.net), August 05, 1999.

The last word should be "man", if that's of any help.

-- Typhon Blue (typhonblue@hotmail.com), August 05, 1999.

Man? you mean all the waifs and malnourished anorexics that pass for women in Vogue, Elle Cosmo etc.??? At the risk of offending some, these mags. are pretty much RUN by women (!) and effeminate males, photographers, hair stylists, make-up artists - lotta huys here Mabel (I watch too much of E! fashion emergency... sorry) ... And no, I'm not homophobic, just a regular lecherous male pervert perplexed at the way things are going :)

Come back Marilyn Monroe and Ava Gardner, all is forgiven...

(Salma Hayek has a pardon, umm... as does Minnie Driver, oh OK, Kate Winslett too, uh, Liz Hurley... hmmm, yeah, wonder if they mud- wrestle...)

-- Andy (2000EOD@prodigy.net), August 05, 1999.


Women *use* men as their excuse for the quest for beauty. The only people women are trying to impress are each other! We have burdoned *ourselves* with irrational goals and unrealistic views of what beauty 'should' be. Then we pass this example off to our sons and wonder WHY they look for a firm bootie as opposed to a kind disposition. Don't let them BS you fellas.....I've been making my living off of this fair sex for 21 years. I'm surprised more women don't have brown eyes. We burned our bras in the 60's and then lined up for implants! We sold our souls and everything we worked so hard to achieve when we allowed the Women's Movement to turn a deaf ear and blind eye to Klinton's crimes involving women (in 'hopes' of furthering their agenda?????????)

Sorry, I'm straying from my original comment. :)

-- Will continue (farming@home.com), August 05, 1999.


Thanks for the post Andy, The "Plunge Protection Team" only only has so many fingers to stick in the Dyke. When this baby BLOWS it ain't going to be pretty. Alan Greenspan and this Administration has fostered and nurtured this MASSIVE BUBBLE for many years. The piper is right around the corner and is not a happy camper!!

Do not allow yourself to stray from your well conceived plans because the level of polly noise is increasing dramatically. These folks have a JOB to do.

Ray

-- Ray (ray@totacc.com), August 05, 1999.



Someone, please, refer me to the post where Andy talks about the royal family and reptiles.

Regards,

-- Mr. Decker (kcdecker@worldnet.att.net), August 05, 1999.


Yes, please Unc, would you provide a link? I'm sure I'd enjoy it as much as Mr. Cucaracha would!

Thanks :)

-- Will continue (farming@home.com), August 05, 1999.


10:15 am...tech markets heading south for a sixth straight day...I think I hear the fat lady, guys...

-- a (a@a.a), August 05, 1999.

No doubt a, but is she attractive? Seriously, this is getting kinda 'ugly'.

-- Will continue (farming@home.com), August 05, 1999.

FWIW I never said i believed that the Royal Family bloodlines were reptilian ... tsk tsk that was y2k pro - if you are interested in this esoteric kinda stuff there is plenty on the net in this regard

do a search on reptilian

check out david icke's site

-- Andy (2000EOD@prodigy.net), August 05, 1999.


Andy

Please tell me the 'National Enquirer' blurb was a joke.

Actually, it's all beginning to come a little clear now......never mind.

Like those 'hot sheets' huh??

Very peculiar lil' dude you are.......

Deano

-- Deano (deano@luvthebeach.com), August 05, 1999.


Yes Beano - a joke - I trust the 2001 expiry date tipped you off (WHAT a maroon ! :) )

-- Andy (2000EOD@prodigy.net), August 05, 1999.

Andy, I believe it was you who once provided a link to "The Contrarian View"? It seems that my bookmark is no longer functioning. Do you have a current one? Many thanks -- glad to see you back.

-- DaveW (dwood@southwind.net), August 05, 1999.

To all,

Read this again please.

I find myself wondering if I might take this more seriously if it wasn't posted by someone who believes in a guy who asserts that Prince Charles is descended from reptile aliens.

Now if you look closely you will see that statement is not saying that Andy himself believes Charles is a reptile alien, it is saying that Andy has in the past put credence to David Icke's views, one of which is the reptile alien/House of Windsor thing. Andy reads and believes a lot of stuff that I find kooky.

Me, I tend to dismiss the views of Icke, simply because of those "reptile alien" ideas. I do that because I am shallow and closed minded.

PS, It was a joke, I think Andy got that.

-- Uncle Deedah (unkeed@yahoo.com), August 05, 1999.


Andy

Just curious. Are you able to quote anyone other than Bugs Bunny and the National Enquirer??

Deano

-- Deano (deano@luvthebeach.com), August 05, 1999.


Hey Beano, guess what, the Dow was up 119 points today and there were 1200 issues advancing versus 1800 issues declining on the NYSE. See any problems here??

Now for the BIGGEE, the cumulative advance/decline line is now BELOW the point it was at last fall when the Dow was at 7400.

Keep pumpin those bucks into that401K plan Beano!!

Your Pal, Ray

-- Ray (ray@totacc.com), August 05, 1999.


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