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alstry (< 20)

S&P 555 by 9.09



May 27, 2009 – Comments (6)


Our President tells us we are OUT OF MONEY!!!!!!!....

Our Governator tells us NO MO money for Walfare......

Tax Revenues to Government EVAPORATING.....

Banks cutting off Credit to Consumers while Consumers loaning banks lots of money......

Federal Government needs to Borrow Trillions of Dollars.....

Who will lend money when there is little confidence it can ever be paid back??????

As interest rates rise.....investors will Demand MUCH higher dividends and earnings from the companies they invest...

If interest rates keep rising due to failing confidence....expect equity and bond prices to decline....

If inteest rates rise substantially.....555 could be just the beginning before we get to 444 and 333.

6 Comments – Post Your Own

#1) On May 27, 2009 at 9:29 AM, alstry (< 20) wrote:

ALSTRYNOMICS vs. most economists.......

Survey: most economists see recession end in '09

Just wanted to provide a fair and balanced perspective....

Now who will be RIGHT......Alstrynomics or most economists??

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#2) On May 27, 2009 at 9:43 AM, jddubya (< 20) wrote:

Man, you should be writing for one of those National Enquirer type of rags.  I say this in the nicest of ways of course.  I truly believe you'd be doing much better of a service to the public IF you had the target audience that you really should be accessing.

Again, I need to point out to you that you have such a limited audience here in MF that you really are coming across as one huge white noise generator, imo.  

And, even though you claim that Alstry blogs only for himself, you continue to bait, taunt, and otherwise troll this blogging area in the hopes of dragging someone into a disagreement with you.  You claim that if someone is upset with you it is "by design" and that those who aren't - I'm not sure where exactly you stand on that group, but my impression is that you consider them [zombie sheeple etc, etc, etc] and that they need to WAKE UP!!!!!!!! (or something like that)

I suppose you should thank all of us that keep you going by responding to your blogging.  After all, if not one single person responded to you, the significance of your blogging becomes moot.

Conversely, I thank you for providing a part of my daily requirement of entertainment...a very small piece is what you provide, but nonetheless, it is free and definitely entertaining, providing me with a small part of my balanced diet of critical thinking, joviality, and a whole slew of other stuff that rounds out my life.

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#3) On May 27, 2009 at 9:53 AM, alstry (< 20) wrote:

That is the point of Alstrynomics.......

in addition to being right!!!!!!!!!

Have you watched what interest rates have done in the last few weeks??????

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#4) On May 27, 2009 at 9:59 AM, salvadorveiga (24.79) wrote:

interest rates are going higher... it will be a failure for the FED they won't be able to stop it.


SP500 555pts?


try lower my friend I have a target of 300 points by the end of this bear... and no I'm not a perma bear...


I got super bullish in March after I rode the S&P all the way down to sub 700's 

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#5) On May 27, 2009 at 9:59 AM, alstry (< 20) wrote:


If the is NO MONEY to pay workers

If there is NO MONEY to pay taxes.....

And NO MONEY to pay Welfare

and 2/3 of the ecnomomy is consumer driven......

who do you think is going to loan America MONEY to keep printing?????????

and if no one will lend.....where do you think interest will go???


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#6) On May 28, 2009 at 11:27 PM, biotechmgr (< 20) wrote:

Well I disagree with the timing but the price targets will be reached in the future. The current upswell of optimism likely has further to run through the summer. We might top in Aug-Oct but are still overdue for a correction which says optimism is shrugging off all bad news for now.

Wild card is N Korea but everyone shrugging off this threat as well which is more clear and present than Iraq, Iran or Afghanistan. This might send a shiver down the spine of the markets eventually.

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