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Old November 26th, 2009, 08:36 AM   #1
jefftheshark
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Uh Oh - Dubai Popped The Balloon


It could get very ugly tomorrow (if the future's markets continuing slide is any indication).

For those of you keeping track, this should be a deflationary move with the dollar & treasuries up and the stock market (especially financial & real estate) down.

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JTS
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Old November 26th, 2009, 09:35 AM   #2
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There's been a growing sense of concern over a "double-dip" recession to hit early next year. Stuff like this will only add more fuel to this fire... What will world govt's do now? More stimulus? More bailouts? MORE and MORE debt...
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Old November 26th, 2009, 09:49 AM   #3
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Ugh, I have a friend over there who specializes in heavy industrial and civil design. Have to get a hold of him to see what's happening with his projects.

BTW - Tishman is sending everyone not bolted down to Abu Dhabi.
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Old November 27th, 2009, 10:26 AM   #4
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LOL, This balloon has more patches than a pirate convention.

Europe ended the day green, the selloff here was very muted.

Don't chase tops or trends in this market too much, this market is crazy, insane and all that.

Ultimately longer term things will explode, melt, cats sleeping with dogs but that's actually driven by the people, only when they've had enough of the HS will they put a stop to the madness and theft and corruption and that will cause all the hidden monsters to come out of the closet at once.

It could take a very long time for that.
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Old November 27th, 2009, 11:57 AM   #5
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Quote:
Originally Posted by conraddobler View Post
LOL, This balloon has more patches than a pirate convention.

Europe ended the day green, the selloff here was very muted.

Don't chase tops or trends in this market too much, this market is crazy, insane and all that.

Ultimately longer term things will explode, melt, cats sleeping with dogs but that's actually driven by the people, only when they've had enough of the HS will they put a stop to the madness and theft and corruption and that will cause all the hidden monsters to come out of the closet at once.

It could take a very long time for that.
lol.....Yeah, I was counting my short chickens way before I should have. This is one tough balloon we've got going here.

Just goes to show ya, it's always somethin'



JTS
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Old November 27th, 2009, 06:22 PM   #6
conraddobler
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Quote:
Originally Posted by jefftheshark View Post
lol.....Yeah, I was counting my short chickens way before I should have. This is one tough balloon we've got going here.

Just goes to show ya, it's always somethin'



JTS

A cynical person would say they're building a trap, to convert us to a system of their choosing by simply getting us so far away from being able to choose the truth that we willingly embrace the lies out of self preservation.

The only way we get a major implosion IMO now is if somehow the lies and PTB get threatend.

It's very much like the face sucker in alien, you attempt to remove them they will attempt to kill the host.

If you ever see that scenario, you can't get short enough fast enough IMO.

Otherwise the entire world is rigged, and they can and will at times bomb shorts just for giggles.

It is what it is.
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