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alstry (35.03)

Alstry Away...Ghoser will Play

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April 08, 2009 – Comments (9)

Those Techno Trance Spector Vectors really had a good time while I was gone...ripping through 7800 as if Gold had no purpose.....but in the end, physical gold kept Ghoser where he belongs...inside the 7800 level on his way to party with his cousins between 5000 and 5500.

The Fictional Photon Spectrometer is currently reading record low readings for Ghoser....he is almost completely out of energy as the Massive Convex Reflector is even too much for the Chief of Spector Vector's translucent nature to to break through.

What we have developing now is a bipolar inversely correlated omni directional cluster flopation emancipation proclaimation spector vector sensation jubilation rotation creating a cessation of any further migration.

You know what that means.....watch out...it could be party time for those slimy buggers and a lot of people could get slimed in the process.

Over the weekend, I spoke to a number of banker types at the resort I stayed at.....and let me tell you...they still don't get it. They all agree not many people are qualified to borrow, nor are there many projects worthy of financing...but for some odd reason they still think that if credit is eased....things will get better.

It appears that the world is living in hope and deteriorating with little chance of repair.  Conditions in many areas in the country right now are TERRIBLE and getting much worse.  Soon the FU virus will be infecting our SCHOOLS, HOSPITALS, AIRPORTS, CITIES, and STATES.

All of these essential services are saddled with simply too much debt to adjust to the evaporating revenues.  My guess is that we will see millions of additional layoffs and wage cuts in the upcoming months.  We will likely see schools and hospitals shutting down or facing severe budget cutbacks.

I know, many of you say things are OK where you are.....and I have no doubt things seem fine now....but as the doctor of Alstrynomics....I feel compelled to warn you that the FU virus is spreading rapidly as toxic borrower syndome has infected almost 80% of America.

The joke is that some of you FOOLS still think that if credit is eased...that the 80% of America that can't afford to borrow another dime will somehow be allowed to borrow even more and start spending again????

My friends...this is not a liquidity crisis like The Great Depression...it is a systematic Solvency Crisis....and the only way out of a solvency crisis of this magnitude is to restructure debt to more manageable levels.....

until then....Alstrynomics rules the day and its asset allocation theory of Concentric Contraction just might be nominated for a Nobel Prize.

Don't Fear....Many will try to scare you...Prepare!!!!!

9 Comments – Post Your Own

#1) On April 08, 2009 at 2:01 AM, SuperPicks (29.31) wrote:

HAHA. i had to hit Rec as soon as i got to paragraph 3. classic

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#2) On April 08, 2009 at 2:03 AM, Option1307 (29.90) wrote:

Who says there is no such thing as evolution? Just look at your statements, they continue to grow in complexity every time,

"What we have developing now is a bipolar inversely correlated omni directional cluster flopation emancipation proclaimation spector vector sensation jubilation rotation creating a cessation of any further migration."

haha, so clear in thier own way...

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#3) On April 08, 2009 at 2:33 AM, Seano67 (41.26) wrote:

Alstry....a nation turns its lonely eyes to you.

 

Preach it, bruthah!

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#4) On April 08, 2009 at 3:30 AM, gman444 (29.11) wrote:

Alstry,

You are hitting new heights with your spector vector analysis.  The anectodal report about the bankers is very interesting as well... 

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#5) On April 08, 2009 at 3:32 AM, gman444 (29.11) wrote:

anecdotal.....anectdotal....damn...you know what I mean. 

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#6) On April 08, 2009 at 8:48 AM, alstry (35.03) wrote:

The Financial Times reports:

The crisis facing pension plans for US state and municipal employees is deepening as investment losses deplete the resources of retirement funds for teachers, police officers, firefighters and other local government workers.

The largest state and municipal pension plans lost 9 per cent of their value of more than $2,000bn in the first two months of this year, according to data from Northern Trust. That followed a loss of 30 per cent in 2008, equal to about $900bn. Smaller funds, which underperform the larger ones, lost more, experts say.

Pretty soon..it might not be too long now before pension plans start saying FU to recipients.

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#7) On April 08, 2009 at 1:11 PM, 4everlost (29.50) wrote:

I think I saw the slimy buggers on Saturday night.

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#8) On April 08, 2009 at 2:10 PM, InvstEntryPoint (< 20) wrote:

Alstry,

I agree with you 100% that the FU virus is spreading.  My question is this. 

 Since jobs recovery lags the market recovery, what would be an indicator that the market is recovering when it looks like the FU virus is still spreading?

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#9) On April 08, 2009 at 2:56 PM, floridabuilder2 (99.34) wrote:

Alstry is 100% correct that debt needs to be restructured... that is why I have been sitting on the sidelines for two years now billing fees and closing on no deals.  The US is screwed until you allow debt holders (banks, whomever) to fail or eat losses and vultures to buy those assets at their current market value.  A current market value for private equity is a 3x return.  Which means put in $1 and get $3 back.  Don't ask me why this is 3x and not 2x, its Wall Streets rules not mine

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