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alstry (35.02)

March Madness and Meet Ghoser

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March 27, 2009 – Comments (6)

An Introduction to Ghoser......

Ghoser is the chief Spector Vector....where Ghoser goes generally all the Vectors will follow shortly.  Ghoser has been the one primarily responsible for coaxing the mutual fund managers to buy shares of stock at the end of the quarter to drive up prices and allow those managers to maximize their quarterly bonuses and fees to their firms.

But what many don't know is Ghoser's nickname...The Hoser!!!  Ghoser The Hoser is known to lull the innocent in and concentrate them into a corner.....then he slimes all over them.  This time appears no different and our sheep of a mutual fund manager complex is about to lead their clients to further distress as they fail to prepare for what is actually happening.

REMEMBER, ALSTRYNOMICS IS ALL ABOUT STAYING ON THE CUTTING EDGE OF THE FACTS....NOT FICTION.

As I told you earlier this week, friends in the transportation industry indicated  to me that there was material slowing in March business. 

Today, we just got additional confirmation from the bankers visiting Obama THE BIG KAHUNA.....

MarketWatch[JP Morgan's Dimon] added that March has been "a little tougher" than January and February. Bank of America's CEO Ken Lewis also told CNBC that his firm's trading book was not as strong in March as it had been in January and February.

Based on a few additional channel checks....consistency seems to be the hobgoblin this small mind.  Stay tuned....it appears Ghoser is about to lead the sheep on a new direction to a new level.....I think his cousins are waiting at the 5000 to 5500 level before they head even lower.

6 Comments – Post Your Own

#1) On March 27, 2009 at 6:55 PM, alstry (35.02) wrote:

An excellent collection of FACTS by Mish evidencing WAGE DEFLATION....

http://globaleconomicanalysis.blogspot.com/2009/03/wage-deflation-sets-in.html

Prepare...Don't Fear...It will likely get a lot worse!!!!!

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#2) On March 27, 2009 at 10:53 PM, nuf2bdangrus (< 20) wrote:

I have enough longs to participate in any further upside, but only about 20% of the portfolio, and much of that attached to metals or divideneds.

 

We head south from here, perhaps 740 where I would take some positions for a bounce.

 

Mish is spot on, and I track him closely.  I learned deflation in reality from him.  Down we go.  PS, deflation is good for working people, bad for rich, because it forces prices down for consumption, but the wealthy/connected need inflation.  They get the $ first from the Fed.  Corrupt b*stards.

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#3) On March 28, 2009 at 1:23 AM, nihilkillsmemore (20.97) wrote:

deflation is good for working people, bad for rich

nuf2bdangrus

deflation can also lead to unemployment, why would employers keep employees when the real rate of wages is rising, so in essence, money appreciates but unemployment increases 

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#4) On March 28, 2009 at 4:44 AM, AnomaLee (28.86) wrote:

Your Alstrynomification here is indeed indicative of the means to tally the deeds in this past rally in the govermarket.

Right.

I did write this in the comment section of my last blog: Full of Bull

#3) On March 26, 2009 at 3:28 AM,
"The huge divergent spikes in volume activity clearly show that most of these intraday rallies are being caused by a few financial whales [moving the market higher as of late]

But, even multi-billion dollar firms and accounts run out of money. If the intra-day volume were more broad and less divergent then I'd have different thoughts."

Also, before this post disappears after you post your next one. I wanted to say congratulations in advance for breaking the record in monthly blog posts.  Thus, making it harder to track the material you write.

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#5) On March 28, 2009 at 8:10 AM, InsuranceHunter (< 20) wrote:

Al-

Did you have time to practice law yesterday or did you commit the day to blogging?  Or maybe you work 18 hr days.  Good stuff from you.

Example of a booming business today is the safe industry.  One of my clients is a safe co that sales and services the safe industry for both commercial and residential.  Their biz is smoking hot right now on both fronts.  Their pawn shop commercial clients are purchasing safes at record pace as well as their consumer market.  The owner told me he has never experienced so many consumers purchasing safes for the home!

According to my client people are demanding safes for the home to secure cash, metals and guns. I too own a safe and I can tell you its a pretty good feeling to know I have this as a "insurance policy" for my valuables which include the above mentioned.

The ironic thing is that I own a insurance agency and handle this clients business insurance.  Just in the past 3 weeks I have had two other clients call me and inquire about purchasing safes for their homes.  See a pattern of concern maybe?

At least one business is taking advantage of the current crisis and not letting it go to waste.

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#6) On March 29, 2009 at 10:57 AM, jimmybroderick (< 20) wrote:

Alstry,

here is what I think Ghoser looks like.  Close?

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