S&P post record first quarter profits

Raw meat for Uncle Steve?

Nothing wrong with profits, I'm all for them. This is what is scary:

http://futures.tradingcharts.com/chart/CN/M

And this:

http://www.marketwatch.com/investing/index/DJIA/charts

and this:

http://www.silverseek.com/quotes/5silver.php

Every chart looks exactly the same, the surges all start on the exact same day. If it were based on anything but too much free money that nobody knows what to do with, that would be fine.

FYI I'm absolutely NOT a bear on the stock market in the medium- to long-term. I am against the dangers of bubbles.

It's unsustainable, that's my only point, and it will crash, and sooner rather than later: it's a surge not built on volume, but rather on margin, which is why it's unsustainable.

Check out Jeremy Grantham's latest on commodities. Whether you agree with him or not, always a fascinating read.

http://www.gmo.com/America/MyHome/default

(And as you probably know he's pretty bearish on stocks and bonds.)

Great news for owner's of the companies. How many dollars of equities do you own, ericho?

Here's some very lucid comments about those profits:

http://www.cnbc.com/id/42807328/

In a 0% interest rate environment, and the bulk of profits coming from overseas sales, currency translations, or increased commodity prices, it's no wonder.

This is NOT sustainable. The last time I saw something like this was the dot.com bust, except then it was the retail investor. This time it's hedge funds, on margin - when they mass-exodus, as they did last year at Flash Crash time, it's going to be brutal.

Enufff about the equity market and your erichoing on SE. Let's talk about your PH LIC purchase in 2007. Howz that going?

Take your s&p speal to an SandPstreet.com. While you are at it, take rivertard and drop him in 'longformnow.com'. Flmaozz

> Raw meat for Uncle Steve?

Problem is, he's on record saying he got out of stocks to go for RE... that didn't work very well.

>While you are at it, take rivertard and drop him in 'longformnow.com'. Flmaozz

Hello dirty ape.

"Enufff about the equity market and your erichoing on SE. Let's talk about your PH LIC purchase in 2007. Howz that going? "

How many time must i tell you W67. I went into contract in May 09. I can prove it so your dumbass can finally shut up.

w67,
How come i don't see you talk'n about gold anymore? Doh!
You were wrong again! How come a big player like you couldn't see the stock market bottom in 09, housing bottom in 09 and this commodity run since 09???

You think it makes a difference 07' or 09'? FLMAOzzzzzzzz.... its 'the PH LIC that's so fking funny.

As a true Jedi knight, I'll answer your question with anther question.

Did Buffett go ballz deep in Gold in the last two year? Shouldn't he have doubled his money? Did Gates double his money on gold trade?

Did you increase your net worth enough to net out the cliff of the LIC PH condo on your gold trade? STFU and get on a train and pick up your biweekly salary....just know your daughter misses you during the day...

lol
When you're wrong, you sure sound mad.

Did your daddy not giving you your daily allowance these days because you lost all your money shorting this gold market? If only YOU were a true player.

You're comparing yourself to Buffett and Gates???

MUHAAAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHAHA!!

omg!!!

w67 who's on streeteasy all day mocking folks for buying NYC realestate comparing himself to GATES and BUFFETT?????!?!?!?!?

ARE YOU FOCK'N KIDDING ME!!!

"Did Buffett go ballz deep in Gold in the last two year? Shouldn't he have doubled his money? Did Gates double his money on gold trade? "

That has got to be the BEST Answer to a question EVAH!!!!

Hey, at least i earn my living mama's boy.

stop stttttttuuuuutttterrrrrriiinnnnnnnnggggggg erica69.

So did you, oh masterful trader.... did you do better than buffett... did ya double ya net worth by going all in on commodities? And if so, when will you be buying that PH on 5th Ave?

Like the mailman talking stocks...... just STFU and deliver the mail. And yes, I come from a long line of mama's boys. "Mama said knock you out."

Seriously, when can you afford to leave LIC?

w67!!!
Com'on now.

How the hell can a retard like you compare to buffett? He said buy america in March of 09. Your dumbass said sell everything and get into cash!

Here's your cash buddy.

http://finviz.com/futures_charts.ashx?t=DX

Leave LIC and go where? Manhattan? Heck no. I'm not hanging around with 60 year old chicks. I'll leave that to you and your father.

>stop stttttttuuuuutttterrrrrriiinnnnnnnnggggggg erica69.

w67thstreet, neet trick, talking talking dog! Did your "mama" teach you that?

Why live in Greenwich with Stevie Cohen, and all your peers? Erichooooooo?
Youve got a chick-filled PH in L I C
hahahaha

"Why live in Greenwich with Stevie Cohen, and all your peers? Erichooooooo? "

W, WHERE THE IS THAT DOUBLE BOTTOM YOU PROMISED US!!!!!

> W, WHERE THE IS THAT DOUBLE BOTTOM YOU PROMISED US!!!!!

Isn't RE now a triple bottom?

> housing bottom in 09 and

Or are you talking Manhattan? Didn't bottom in 2009, sorry.

i dont tend to make a lot of promises, and never promise anything re markets

but, if you think the dead cat bounce NYRE aint really had vindicates your purchase in LIC, you been smokin good goods

Wait maybe you are actually Jim Simons?? I can't remember. Does he live in Long Island or Long Island City?? I know it's one of the two.

erichoooooooooooooooooooooooooo