Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
ηdrawgreek.gif
it goes down, up and down again
Why not use it when, when it's in your headline?
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The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
You should read Petrov's other original work, like Ka-Blammo Theory and The Adjustable-Wrench Dollar. ;)
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Originally posted by CanuckinTX View PostI'm no Greek scholar but thanks to a google search that isn't the symbol for the Greek letter Eta.
If he's going to steal someone's work he should be a bit more thorough about it!
"Until then we will continue in the shape of ɥ."
Hey, Petrov.
You mean like this?
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Ha, you are right! Well, I guess saying "cheh" would have stretched the plagiarism a little too far? :-P
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
I'm no Greek scholar but thanks to a google search that isn't the symbol for the Greek letter Eta.
If he's going to steal someone's work he should be a bit more thorough about it!
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Someone has been reading iTulip! Better late than never I guess.... :-)
"So, we finally arrive to the shape of the current recovery. The current economic recession will have the shape of the Greek letter Eta. It will look like this – ɥ."
http://www.financialsense.com/contri...e-eta-recovery
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Originally posted by c1ue View PostFYI - an interesting dynamic:
If the US is attempting to weaken the dollar - then one possible goal for the BRIC financiers to work toward is selling their own currencies in order to keep the relative exchange rates even (i.e. negate all or some of the US dollar weakening).
Ironically while this does serve to keep the dollar from weakening as quickly as it should, on the other hand these extra dollars can then be used to disintermediate the US from its own currency.
After all, the US dollars being 'quantitatively eased' are mostly stuck in big US banks. For the importers/exporters, small businesses, etc etc the dollar squeeze in the form of credit squeeze still exists.
I'm still considering what this means if true.
China is in worst shape that the US. They will never let the dollar depreciate against the yuan. You know they don't have social security in China, when it is impossible to find another job, workers will rather kill their managers if there are layoffs.
http://www.itulip.com/forums/showthread.php?t=11091
If the US wants to devalue the dollar, it will have to find some other ways - such as imposing a subsidy on exports or...... a tax on imports. ;)Last edited by touchring; August 01, 2009, 04:35 AM.
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
i get the idea... we know < 1% of it...
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Originally posted by Ghent12 View PostWith respect, sir, your friend appears to have been quite unprofessional in those instances with the Navy Commander. There are a thousand and one ways to pursue a story, and this way was a poor choice.
Real journalism is not a knitting circle. Few people have any idea what goes into getting a real story, versus the advertising we see every day posing as journalism. One in a million has the stomach for it.
I have never known her to go after a good guy. Every institution has bad guys, even the Navy.
This story will be great for Carol. Her outstanding record will come to light.
My father was a Navy man, by the way. Ran away from home in 1924 when he was 17, lied about his age, and joined. Later, during WWII, he returned to the Navy to design and test torpedoes in Panama. Had some great stories.
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Originally posted by EJ View PostHarry Markopolos is an unusual case. He chose to stay out of sight.
Ross Kerber, an excellent reporter for The Boston Globe, wrote this story on Harry back in January.The whistleblowerRoss wrote a story on me years ago. He's old school, tough and rigorous.
Dogged pursuer of Madoff wary of fame
A month ago, Harry Markopolos was an accountant unknown outside Boston's financial community.
Now the slight, bookish 52-year-old from Whitman is under siege. Christmas week, he spent Monday being interviewed by "60 Minutes," Tuesday preparing to testify in Washington, and Wednesday sorting through pitches from book authors and movie producers. His mother-in-law now answers the door at his suburban stucco house and shoos away the reporters who knock at all hours.
Markopolos is hoping the buzz around him will soon die down so he can resume a low profile. He now works on whistleblower cases, conducting forensic accounting analyses for attorneys who sue companies under the False Claims Act and other statutes, which he said is best done with a certain degree of anonymity.
Speaking of reporters I know, my old college pal Carol Rosenberg is getting herself into trouble again.Military and Media Clash In ComplaintI'll know that financial reporters in the U.S. are starting to do their jobs when a Goldman Sachs executive files a complaint against a financial reporter.
Navy Spokesman Alleges Abuse by Miami Reporter
By Howard Kurtz
Washington Post Staff Writer
Saturday, July 25, 2009
Tensions between journalists and military officials are nothing new. But a bitter series of clashes between a top Navy spokesman and a Miami Herald military reporter reached a new, eye-opening level this week.
In a letter to the paper's editor, Cmdr. Jeffrey Gordon accused Carol Rosenberg of "multiple incidents of abusive and degrading comments of an explicitly sexual nature." Gordon, who deals primarily with the Guantanamo Bay, Cuba, prison, said in the letter that this was a "formal sexual harassment complaint" and asked the Herald for a "thorough investigation."
"Her behavior has been so atrocious over the years," Gordon said in an interview. "I've been abused worse than the detainees have been abused."
I'm not holdng my breath.
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Originally posted by babbittd View PostHarry Markopolos (on the SEC)...
Ross Kerber, an excellent reporter for The Boston Globe, wrote this story on Harry back in January.The whistleblowerRoss wrote a story on me years ago. He's old school, tough and rigorous.
Dogged pursuer of Madoff wary of fame
A month ago, Harry Markopolos was an accountant unknown outside Boston's financial community.
Now the slight, bookish 52-year-old from Whitman is under siege. Christmas week, he spent Monday being interviewed by "60 Minutes," Tuesday preparing to testify in Washington, and Wednesday sorting through pitches from book authors and movie producers. His mother-in-law now answers the door at his suburban stucco house and shoos away the reporters who knock at all hours.
Markopolos is hoping the buzz around him will soon die down so he can resume a low profile. He now works on whistleblower cases, conducting forensic accounting analyses for attorneys who sue companies under the False Claims Act and other statutes, which he said is best done with a certain degree of anonymity.
Speaking of reporters I know, my old college pal Carol Rosenberg is getting herself into trouble again.Military and Media Clash In ComplaintI'll know that financial reporters in the U.S. are starting to do their jobs when a Goldman Sachs executive files a complaint against a financial reporter.
Navy Spokesman Alleges Abuse by Miami Reporter
By Howard Kurtz
Washington Post Staff Writer
Saturday, July 25, 2009
Tensions between journalists and military officials are nothing new. But a bitter series of clashes between a top Navy spokesman and a Miami Herald military reporter reached a new, eye-opening level this week.
In a letter to the paper's editor, Cmdr. Jeffrey Gordon accused Carol Rosenberg of "multiple incidents of abusive and degrading comments of an explicitly sexual nature." Gordon, who deals primarily with the Guantanamo Bay, Cuba, prison, said in the letter that this was a "formal sexual harassment complaint" and asked the Herald for a "thorough investigation."
"Her behavior has been so atrocious over the years," Gordon said in an interview. "I've been abused worse than the detainees have been abused."
I'm not holdng my breath.
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Originally posted by EJ View PostDown the memory hole they go. Within months, the events of the Cramer’s ear boxing, Bill Black’s warning, and Johnson’s epiphany will join those of last year’s winners of “So You Think You Can Dance?” in America’s collective gnat memory.
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
If the markets do crash, that should crash oil prices as well in my opinion.
If that happens I plan to go long on oil with as much money as I can (which is not that much).
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
In a very real sense we are now in the mind mode that creates all those tiny upward movements in a long downtrend graph. Timing is everything. If you take the long term view, you will, as EJ seems to point, sit and wait with your funds in a position of least risk until certainty flushes over the current sentiment. However, if you are in it for the fun and games then taking the risk of stabbing at when and where is all a part of the fun. Some will win but many will, inevitably, lose out.
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Re: The cheh shaped recovery – Part I: End of the beginning - Eric Janszen
Originally posted by ASH View PostBroadly speaking, I think that would be consistent with EJ's view that:
We are convinced that the markets have another big crash in the wings, as the Fed experiments with ways to reverse its creative anti-deflation policies in an environment of fiscal stimulus/deficit spending fueled economic growth, and that the rally off March 2009 lows has been driven first by technicals, then by sentiment, and most recently by funds who cannot be seen by their clients sitting in the dust behind funds that got into the rally early.
I don't personally trade on margin. If you choose to short stocks with high p/e ratios, I think you will accept significant risk related to your timing. The part of this essay that I zeroed in on says that the Fed is likely to trigger a further market crash, and that fundamentals won't sustain the recent rally, but it doesn't necessarily say when the Fed will stumble into this action, or when the market will realize that it is treading on air. (One possible clue is the timing of stimulus spending, but that's not exactly bullet-proof.) In my opinion, the essay doesn't give timing advice that is tradeable by selling stocks short, with acceptible risk.
I am a novice investor, but my perception of the risk involved is that if one is inclined to speculate on the market falling in response to future actions of the Fed (or simply the failure of hope in the face of fundamentals), then long-dated options contracts are to be preferred over trading on margin. But, as I say elsewhere, I'm not the right guy to be giving you trading advice. I'm simply the guy who's willing to take a stab at answering your question.
just spit ballin' alternatives for shits and giggles, not making any recommendations.
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