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alstry (36.27)

NOBODY CARES ANYMORE....

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April 14, 2010 – Comments (41)

Banks borrowing for free to trade against our retirement accounts....NOBODY CARES 

Cramer brags how retail sales are doing well because many are not paying mortgages.....NOBODY CARES.

Schools and Hospitals are shutting down across the nation.....NOBODY CARES

Very few decent job openings as many lose jobs or get outsourced...NOBODY CARES

Commerical Real Estate is crashing as vacancies skyrocket.....NOBODY CARES

Poverty is skyrocketing in America....NOBODY CARES

Banks are applying fraudulent accounting....NOBODY CARES

Our cities, counties, and states face unprecedented financial crisis....NOBODY CARES

Wall Street and Federal Workers get pay raises as the rest of the nation gets cuts.....NOBODY CARES

Wall Street borrowing trillions from our retirement accounts....NOBODY CARES

As long as the ticker keeps going up......NOBODY CARES.......

UNTIL.......then you will start to care.

41 Comments – Post Your Own

#1) On April 14, 2010 at 11:16 AM, alstry (36.27) wrote:

AT SOME POINT, THE REVENUES DROP SO LOW YOU WILL CARE....OR THERE WILL BE NO CARE FOR YOU.

San Joaquin General Hospital CA- Service Cuts Planned

Home Loan Demand Slumps to Lowest in 3 Months

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#2) On April 14, 2010 at 1:48 PM, alstry (36.27) wrote:

It is time for Alstry to go....I came here because of FB.....and I will leave behind him.

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#3) On April 14, 2010 at 1:59 PM, Tacomatight (68.20) wrote:

NOBODY CARES ANYMORE....

 

you just realized this man?

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#4) On April 14, 2010 at 2:01 PM, Tacomatight (68.20) wrote:

So the real date wan't 9/09/09...it was4/15/10

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#5) On April 14, 2010 at 2:02 PM, Tacomatight (68.20) wrote:

Wait a minute! I just realized you swore you would stop blogging after your 9/09/09 prediction was found to be bs. Oh alstry...and u got my hopes up!

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#6) On April 14, 2010 at 2:26 PM, alstry (36.27) wrote:

Remember....when the citizens don't earn enough money to support their government.....one has to go....either the citizens or government.

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#7) On April 14, 2010 at 2:54 PM, FishSRQ (27.50) wrote:

FB blogs are all gone, alstry throws in the bear towel, Lady Gaga promotes celibacy, my salt of the earth wife now owns a gun and I just said I wish HIllary had been elected.  You are right... It is the end of the world as I know it.

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#8) On April 14, 2010 at 3:26 PM, alstry (36.27) wrote:

You know the world as you know it is over when banks can no longer make money loaning to Americans....and can only make money trading against Americans retirement/investment accounts.

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#9) On April 14, 2010 at 4:44 PM, USNHR (32.48) wrote:

Alstry,

 OBAMA CARES

Right?

 

 

Right.......?

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#10) On April 14, 2010 at 6:04 PM, dibble905 (< 20) wrote:

Alstry,

You are right - NO BODY CARES. 

Do NOT become overconfident and emotionally attached to your  expected outcome as you did. You will go bankrupt betting the house on it.

In the investment world, no body cares if you're wrong no matter how much truth there is to your prognosis. Performance has nothing to do with being right "in the end". It has a lot more to do with being able to read into what the world is doing, determining the possible outcomes, and placing "bets" so that you will win more than you will lose.

Best of luck to you. 

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#11) On April 14, 2010 at 6:09 PM, jesusfreakinco (28.97) wrote:

Al,

Sorry to see you go... but I understand... This market is insane.  Didn't I tell you to stay in gold/silver?  They are just on the verge of exploding to the upside.  Let's just hope the USD doesn't do the inverse to the downside at the same time.

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#12) On April 14, 2010 at 6:35 PM, XMFSinchiruna (27.08) wrote:

Despite our sour exchanges in the past, I too am sorry to see Alstry go.

I too get exhausted by the effort to prepare people for how badly our economy (and our currency) ails on a fundamental level despite all the MOPE about recovery. America, sadly, is in for a world of economic hurt the way things are heading, and now we have one less voice here to try to wake people up.

His methodology may seem odd, and his delivery often brash, but to his credit I believe there was more truth in portions of the average Alstry post than you'll find in any newspaper.

I too am vexed by the extent to which equity markets can remain so surrealistically disjointed from any semblance of macroeconomic reality. I'm glad the markets are up and that people have perhaps made back some of what they lost in the initial collapse, but the euphoric mood bodes poorly for their abilty writ large to retain those assets intact through the next delevering event.

I am concerned for the economic fate of my country, and even more concerned at how little concern I perceive around me.

Alstry, I wish you the best. Your energy and conviction, especially when paired with what you have learned through your experience here, will serve you well. Be well.

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#13) On April 14, 2010 at 6:40 PM, PSU69 (88.65) wrote:

I predict Alstry's ability to write negative words and fiind evidence to support his negative default setting will be embraced by PALIN.  They will run against Obama and fail because they offer no solutions, only negative energy.  The ability to talk dark and think dark is not a skill set.  It is an illness.

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#14) On April 14, 2010 at 6:55 PM, XMFSinchiruna (27.08) wrote:

PSU69

"The ability to talk dark and think dark is not a skill set.  It is an illness."

And what of its inverse? What would you call the ability to only think of bright shiny outcomes and only talk about recovery even when the stark reality of a predicament is biting you in the backside through every back-page headline?

I would add that to attempt to ridicule someone who is likely smarting already is rather a dark act of its own. Now, I know he could dish it out ... I've been on the receiving end, and we haven't exchanged words in two years because of it ... but at the end of the day we're all people ... and I think we could all use a little more compassion and understanding.

Fool on!

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#15) On April 14, 2010 at 6:56 PM, alstry (36.27) wrote:

The Solution is Equitable Restructuring....but no one cares. 

As far as an illness.....the facts presented are what they are.....you can't diagnose a patient with pancreatic caner as having the common cold.

When 8 million families not paying their mortgage is headlined as a retail stimulous.....you know we have problems. 

NOW THE JOB CUTS ANNOUNCED LAST YEAR REALLY START TO KICK IN.....below are simply today's headlines from dailyjobcuts.com.

John Carlo Inc Orlando Office - 100

Apple Valley Unified School District - 116 Possible 

Unisys Corporation - 229 Jobs in Austin 

Brevard County School - Planning 100+ Pink Slips This Year

G&T Cooperative - 17

City of Newton - 7

The Village Healthcare Center - 120

American Electric Power - Plans up to 2,200

Update: Jackson Memorial Hospital - Job Cuts Starting, 500 

DuPage High School District 88 - 39 Teachers

The Deer Valley Unified School District AZ - 69

Hardin County IL - Layoffs 60% of Workers

Tippecanoe School Corp - Layoffs Coming Tonight

Update: Salinas Union High School - 3

City of Boston MA - 200+ Layoffs for Next Years Budget

Continental Airlines Richmond Int. Airport - 20 Bag Handlers in June

Airline group BMI ( International ) - 800

The Town of Marana AZ - 14

Albion Public School District - 9 Possible

Update: Lorain City Schools - 167

Fowlerville School District MI - 11

Update: Charlotte-Mecklenburg schools - 1,000 Worst Case Scenario 

Stevens Point School District - 50+ 

The Bergen County NJ - 75 Today

Ricoh Americas Corp Closing Irving Shop - 53 Jobs Lost

The Disney Store at Riverchase Galleria AL

Lyric Street Records Plans to Close

Sears Store in Ford City Mall 

St. Mary's/St. Rose Catholic School in Clintonville in jeopardy of closing 

Mount Forest Elementary School 

2 Carino's Italian restaurant in Colorado 

Bealls Department Store on Homestead Road in Lehigh Acres FL

Roosevelt Elementary School Michigan possible closure

Update: Stinson Seafood Sardine Plant in Maine Closing, Last Sardine Plant in US

5 Edmonton Schools to Close in June ( International )

Holy Trinity School in Hawaii

Family Connections Non Profit  in Austin TX

The Rosecoft Raceway track in Fort Washington Maryland Set to Close?

Laguna Hills Nursery in Lake Forest CA

The Probation and Parole Office in Katoomba

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#16) On April 14, 2010 at 7:19 PM, alstry (36.27) wrote:

Alstry's farewell video........and a stab at a solution.  Sad to see how far we have to dumb things down to get the point across.

Visit msnbc.com for breaking news, world news, and news about the economy

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#17) On April 14, 2010 at 7:28 PM, vriguy (81.48) wrote:

 Yes, the country is going to hell in a hand basket. But, never give up. Nor is it true that nobody cares. Your blogs over the past year and a half have shown signs of mania, and now of depression. Blogs may or may not reflect your true feelings and thoughts, so no one should try to make any diagnoses based on them, and I'm not making one. On the other hand, if you are hurting and need help there are resources available today. Please take my comments as from someone who only wishes you well.  This too shall pass.

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#18) On April 14, 2010 at 7:42 PM, alstry (36.27) wrote:

Alstry is fine;)

But what is coming.........it will be interesting.  In my professional and legal career, I have never seen anything close to this.....

 

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#19) On April 14, 2010 at 7:49 PM, lquadland10 (< 20) wrote:

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#20) On April 14, 2010 at 8:23 PM, Option1307 (30.16) wrote:

Best of luck Alstry, you'll be missed.

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#21) On April 14, 2010 at 9:21 PM, nuf2bdangrus (< 20) wrote:

We are a nation of frauds.

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#22) On April 14, 2010 at 9:43 PM, workfor (< 20) wrote:

Alstry,

Is your real name is Gerald Celente?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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#23) On April 14, 2010 at 9:50 PM, workfor (< 20) wrote:

Alstry,

Is your real name Gerald Celente?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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#24) On April 14, 2010 at 10:24 PM, RonChapmanJr (32.98) wrote:

Alstry quits on the same day Deej comes back.  Random coincidence?

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#25) On April 14, 2010 at 11:01 PM, jdlech (< 20) wrote:

Oh Alstry, it's not that nobody cares.  It's that we all have to make a living no matter what happens.  And few can afford to think hard about the things over which we have little or no control.  I cared enough to ask, but you thought I was gloating or something.

The problem is that you can't get out of the game.  You can quit in here but you can't quit out there.  Maybe you made your millions and can move to someplace far from all the troubles, but the worlds troubles will run you down like a hunter no matter where you go.

Life (the way we made it), is inherently unfair.  But it's all we got.

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#26) On April 14, 2010 at 11:03 PM, jdlech (< 20) wrote:

Just remember one thing as you leave here.  You're the one with that 'popular' charm.  What the hell do you think that means?

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#27) On April 14, 2010 at 11:22 PM, topsecret10 (< 20) wrote:

  Good luck to you Alstry....   Many things that you talk about are true,and the financial markets ( specifically the stock market) has become detached from reality. I have been closing long positions,and I am concerned that we have still not seen the worst of this economic downturn. I have been out of work almost 15 months {construction} and I see no end In sight. The consumer Is living on borrowed time,and the current Federal debt Is unsustainable. The commercial real estate market Is In shambles,and there are no jobs being created In the PRIVATE SECTOR. This economy Is running on fumes,and I am afraid that we have not seen the bottom of this downturn. Indeed I feel that we could be headed for a depression that will bankrupt a generation If the politicians In Congress continue to tax and spend us Into oblivion....    I hope to see you back here on the fool one day,and I have enjoyed your contributions to this community. You will be missed,,,       TS

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#28) On April 14, 2010 at 11:32 PM, Rasbold (90.64) wrote:

Dammit, man. Pony up. Don't bail now!

Don't bounce. You can still be the benchmark.

A stalwart standard for all too see. Don't make me take up your mantle, now, I am quite busy. I will have to post again to my damn "what would warren do?" website again.

People piss and moan about you not offering solutions??

Screaming to move into some cash and tangible assets...you're doing fine, dude. Keep screaming for you are correct, but leave the date specific timing conjunctions out!

 

Good Luck and May Your Dow Never Jones!

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#29) On April 14, 2010 at 11:58 PM, NOTvuffett (< 20) wrote:

Alstry, people don't want to see you go because you have an opinion, it is because you say the same thing over and over again.  Then you don't offer anything useful as a remedy.

I agree with you on many things, but I don't want to see it multiple times a day every damn day.

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#30) On April 15, 2010 at 12:45 AM, Dean47 (< 20) wrote:

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#31) On April 15, 2010 at 2:17 AM, Starfirenv (< 20) wrote:


C'mon Al, this is what the 4th time since Oct. The last time you said this  ALSTRY'S FINAL BLOG!!!!  you were back the next day with Miss Me???  . And then   Alstry Really Signing Off For a While and back the next day. And  No More Blogging.....until...... etc. Now this. Hasn't been a good year for the self proclaimed "Oracle of Caps", to wit:
-Red thumbed the Mkt at the bottom 3/09
-Called the top at 8300, "5000 before you think" 4/09
Other calls:
-WWIII
-Nuclear war with N.K.
-Civil war
-50% unemployment
-$1000/bbl oil
-50% pay cuts
-Extermination
-Moap, 9.09, 11.10.09, 1.1.10.  and on, and on. Ad nauseum. Nope. Nope. Nope.
Ever wonder how many Fools you've hurt who "bought" your relentless daily drivel since this time last yr? (My 76 yr old mother). You claim to be a lawyer and an expert on fraud- why not take a stand against what you dispise? Put some ducks in a row and file a Class Action.  Along with your (claims of)buddies at West Pt, your people at the Pentagon and your "White House access", and this community, I bet you would find a ton of resource and support. Let me be the first volunteer. Either way, Best Regards.

 

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#32) On April 15, 2010 at 5:56 PM, jason2713 (< 20) wrote:

I read Fred Hickey's news letter, "The High-Tech Strategist" because I'm in IT and know much about technology and he has a lot of useful info on investments in the tech world.  Much of what he talks about is exactly what Alstry has been saying. 

I will give a bit of advice for this next decade (which also happened to be true for the past decade).

The "decade from hell" was the commodities decade.  Gold went up 400+% in this decade.  The dollar is now in line with the canadian dollar.  My father transfered his milions to Canada when it was $0.64 Canadian/USD in 2002 after the first bubble and bought $1,000,000 in gold at $272/oz.

Just think about that for a second.  The Canadian dollar is now toe to toe with the USD, and anyone who did not buy into other currencies then have lost much of their wealth because their dollars do not buy as much stuff.

We have even further to go, as the printing continues, and it scares me beyond belief where this is going.  It's a catch 22, no one likes the outcome, but at least if we raise interest rates now, save the dollar, and cut taxes across the board, we have a shot of a foundation for the future.  The last 30 years has been squandered, there's no looking back now.

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#33) On April 16, 2010 at 12:26 AM, Harold71 (20.15) wrote:

Last decade was the decade from sin.  THIS is the decade from hell.   But for now....put on your rose-colored glasses.  Otherwise this  s**t don't make sense. 

 

Under no circumstances could the past ten years be described as "the decade from hell." In fact, in terms of economic good fortune, the period shares parallels with the Roaring Twenties. I would describe this as a decade of sin that paved the way to hell.   --Peter Schiff

 

http://www.lewrockwell.com/schiff/schiff65.1.html

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#34) On April 16, 2010 at 6:11 AM, TMFDeej (99.25) wrote:

Thanks for noticing Mr. Chapman.  It's not a random coincidence at all. The doom and gloom, self-promotion type of blogging with posts that have absolutely nothing to do with investing that often goes on in CAPS is one of the things that caused me to take a break.  That and the fact that I have been beyond busy at work, which I suppose is a good thing in today's economy.

To imply that I am alsty is laughable.

Deej 

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#35) On April 16, 2010 at 12:40 PM, atarigod (< 20) wrote:

Holy crap! This really is freaky. Maybe we shouldnt discount EVERYTHING he has been saying after all.

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#36) On April 16, 2010 at 11:55 PM, oshiri (< 20) wrote:

Goodbye Sempai Al . . .

The 60+ fools that REC'ed this (and THOUSANDS!!!!!!!!!!!! more) will certainly miss you, and I will too.

BTW, the photoman needs a Vegas vacation . . . me too . . . you in?

Love yah like my twin separated at birth.

We gone, we clear, we bye! 

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#37) On April 17, 2010 at 11:32 PM, Xucolat (48.98) wrote:

Farewell Al,

As a daily reader of your blog will certainly miss you, and your thoughtful writings. I did not expect you go this time.

So long and keep well!

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#38) On April 18, 2010 at 12:53 AM, lquadland10 (< 20) wrote:

You have been gone long enough. Time to come back.

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#39) On April 18, 2010 at 11:49 AM, VintageCat (< 20) wrote:

Happy trails Al.  After 6 months spent in a couple of states heavily impacted by the collapse of real estate, the slumping of manufacturing and retail sectors, and finally by massive losses of production, sales and service industry jobs, I saw first hand that there will be a lot of sweeping up to do even if the situation doesn't get worse before it gets better, which sadly, is a best case scenario no matter how one slices it.  In that my friend you have not been wrong,  

Meanwhile here at home, always late to the party, small businesses, mostly in the more vulnerable retail sector that a year ago hadn't a thought of failure are having closing sales, or are just shutting their doors.  The great shaking out that I suspected would eventually happen several years ago is coming to pass.  Did the culling of the herd need to happen?  Probably, but every business closing represents the loss of income for at least one family, more when one factors in all of the retail space that is beginning to sit empty and the entry level jobs that will likely never be generated again.  

Each business that disappears represents real people that will still need to be fed, clothed, housed.  If not by their own effort or perhaps by transitioning to a non-existent or highly coveted job, then by what means?  I completely understand your posting of hundreds of headlines that underscore your primary concern with the house of cards that we may witness coming down completely in our lifetime.

I remember years ago when I got my first revelation that money in it's present form is just a faith based instrument and all that keeps the monetary system shored up is the collective belief that we as a society have in it.  It was an eye opening moment to be sure.  Understanding the fragility of our system and witnessing the frightening way that it is being gamed by the very sectors that should know better (such as banking and wall street) alarms me not a little.  Like you, I am concerned for our country's welfare over the long term but feel helpless to effect any real change, which frankly I believe will have to involve a societal paradigm shift to be real and lasting.  

Good luck to you.    

 Vintagecat 

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#40) On April 19, 2010 at 2:54 AM, ralphmachio (28.44) wrote:

This is a peculiar time for you to leave, now that it seems we will get the very first taste of doom and gloom since march. If that in and of itself is a statement, what exactly is it? 

Of course, in my paranoid, conspiracy theory ridden mind, I would have to wonder if there wasn't some strange coincidence that at the best time to short the market in over a year our 'Godfather of Gloom' was nowhere to be found. Especially with all the misfired doom dates, and all the 'high level connects', is it possible that Alstry is a highly admired, popular dis-informant?  We are here for investment advise, after all, and although you don't specify any particular investment, I wonder how many have bet the sky was going to fall, based on your doom reports, only to have the floor come up and smack 'em in the ass?

Not that I really believe Alstry is a disinformant,(or that I recommend investing according to his advise, especially timelines) really, just humoring the thought out-loud, and if you are not a disinformant, Alstry, sorry. And your right, the sky is falling, but the squirrels are storing as many acorns as they can before the pieces actually hit the ground. 

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#41) On April 21, 2010 at 5:18 AM, fintelbenchmark (< 20) wrote:

I just hope to have understood this the way it was meant

http://www.fintel.us/

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