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Wall St rises on reports of help for Greece - took their cues this session

from the dollar which was weakened despite conflicting reports about
whether Germany will lead a bailout for Greece, the weak dollar owing
in reality to u.s. defacto bankruptcy being a good thing meaning
higher stock prices in the recent fraudulent wall street b.s. story
(Reuters) Equities Update: Greece Rumors, Lower Dollar Lift
Stocks…riiiiight!…a great reason that makes no sense to anyone who
understands financial realities – more fraudulent b.s. David Frye:
‘Rumors that Greece will be bailed-out of its current debt difficulties
rallied stocks today. Obviously this has been an issue negatively
overhanging markets. The bailout rumor began with word that ECB
potentate Trichet left Australia a day early meaning to tea readers
something good was going to happen. Germany denied reports of a
bailout later in the day but bulls didn't flinch much. Further Moody's
and S&P discussed more downgrades for sovereign debt including
Greece…’ “More Empires Have Fallen Because Of Reckless
Finances Than Invasion” As I have repeatedly shown, war is bad for
the economy. According to a Nobel prize-winning economist, the head
of JP Morgan and others, the Iraq war and the war on terror in general
were huge factors in destroying our economy. Traders splash £5
billion betting against the euro as the single currency falters amid
debt crisis Traders and hedge funds are making record bets against
the euro, underlining the mounting alarm over the region’s debt crisis.
A crisis of sovereignty as well as debt | The European Union is in
need of a new economic strategy– but the reason has as much to do
with the fact that its previous one is nearing its expiry date as any
desperate need to deal with the current crisis. Medicaid: False
Solutions vs. false american Solutions

THE FORECASTS:

Harry Dent, Jr.


Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and mid-
2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009
instead of 2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between
2010 and 2012

Russell Napier is the author of the book “Anatomy of the Bear”, a professor
at the Edinburgh Business School and a consultant to CLSA Ltd. which is
one of the top research houses in Asia. Napier’s research indicates (and I
paraphrase) that:
The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices
bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30
to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3
signaling the end of the bear market, as it has done at the end of the four
largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve
Currency

Robert R. Prechter Jr. is author of a number of newsletters and books


including “Elliott Wave Principle” (1978) in which he predicted the super
bull market of the 1980s; “At the Crest of the Tidal Wave – A Forecast of the
Great Bear Market” (1995) in which he predicted a slow motion economic
earthquake, brought about by a great asset mania, that would register 11
on the financial Richter scale causing a collapse of historic proportions;
and “Conquer the Crash: You can Survive and Prosper in a Deflationary
Depression” (2002) in which he described the economic cataclysm that we
are just beginning to experience and advised how to position one’s self
financially during that period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely
to below 777 which was the starting point of its mania back in August 1982,
and quite likely drop below 400 at one or more times during the bear
market.

(2-9-10) Dow 10,058 +150 Nasdaq 2151 +24 S&P 500 1,070 +13 [CLOSE-
OIL $73.75 (-54% for year 2008) (RECORD TRADING HIGH $147.27)
GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26
MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,077 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$15.45 (+47% for year 2009) PLATINUM $1,502 (+56% for year 2009) /
DOLLAR= .73 EURO, 89 YEN, .64 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.64% …..… AP Business
Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly
Recap – Stocks / Bonds / Currencies - Domestic / International
Risks Lurk for ETF Investors The bull market that never was/were
beyond wall street b.s. when measured in gold Property Values
Projected to Fall 12% in 2010 Jan 31, 2010 The Week Ahead:
Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010 01-13-10
Forecast for 2010 from Seeking Alpha Contributor THE COMING
MARKET CRASH / CORRECTION 1-28-10 Maierhofer (01-15-10)
11 Clear Signs Economy Sinking Economic Black Hole 1-22-10: 20
Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To
Recover Current Economic / Fiscal Charts Trendsresearch.com
forecast for 2009 1-7-10 Crash is coming! ‘WORST ECONOMIC
COLLAPSE EVER’ Must Read Economic / Financial Data
This Depression is just beginning The coming depression…
thecomingdepression.net MUST READ: JEREMY GRANTHAM’S
QUARTERLY UPDATE 25 January 2010 (850 on the S&P) by TPC
The Next Wave of Collapse is Coming Sooner than you think
Sliding Back Into the Great Recession ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH,
MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The
Hyperinflationary Great Depression Roubini: 'The worst is yet to
come'... Top Eurobank prepares for 'global economic collapse'...
CHINA: ‘The world does not have Money to buy more US Treasuries’
We Have Reached the Top of the Stock Market (Charts/Analysis/Article
1-19-10) Marketwatch: U.S. stocks held their gains following the
release of the home builders' sentiment index, which declined in
January as industry leaders remained concerned about the poor job
market and the continuation of home foreclosures. Read more about
the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why
wait till too late?) … This means closing out some longs for a profit, or
at least taking some money off the table. This also means considering
what one would do if stocks were to stage a significant reversal. The
fact that corporate insiders are selling their stakes in record numbers
and that fewer and fewer investors are participating in this rally makes
a massive reversal probable rather than possible this year!... THE
NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'...
rallies stocks anyway (they probably just didn’t bother resetting the
computerized churn-and-earn trade programs) / the new carry-trade
borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to
GDP Ratio Next Year, Surpassing the Level Where Debt Starts
Reducing Economic Growth Shrinking US Labor Force Keeps
Unemployment Rate From Rising … Negative data spurs market rally
… riiiiight! New jobless claims rise 'more than expected'... Retail
sales drop in December; Sales for all of '09 plunge by record amount...
Record year for foreclosures... Worthless Weimar dollar, inflation,
unsustainable debt, higher interest rates, and fake numbers rally
stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg
…S&P sells on a price-to-earnings multiple of 88 after the recent
financial results. That is a horrendous overvaluation. A reasonable p/e
would be around 18-25…’ Economist Wachtel says practices that
caused crisis in play, toxic assets still there, and economically sound
lending not viable …El-Erian who oversees nearly $1 trillion in assets,
more than the gross domestic product of most countries, says stocks
will drop 10 percent in the space of three or four weeks, bringing the
Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010:
Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN
2010 FOR THE UNITED STATES TO END UP AS BADLY AS
ARGENTINA A DECADE AGO? “Worse! Worse than Argentina
because our debt problems are worse. This is classic empire decline.
Argentina was not even an empire. We’re fighting wars in foreign
countries as we are depleting the Treasury .…That’s why we are
calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near
future / 2010, coming decade worse than past decade Last decade was
the worst ever in the stock market Jay Bookman | In nearly 200 years
of recorded stock-market history, no calendar decade has seen such a
dismal performance as the 2000s. Foreclosure / distressed sales up
again and a lunatics’ santa claus rally as in bubble-crashes past WITH
NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT
ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER
PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON
TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER
CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH
WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN
MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42
TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR,
CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE
DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF
FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR
CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS
ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES
OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB
LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES /
MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-
LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET
FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING
INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE
BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER
THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is
lost and collapse is inevitable Recession Will Be ‘Full-Blown
Depression’:(10-17-09) Strategist/Analyst The History of the
Future: Trends 2012 Autumn 2012, the “Greatest Depression” has
spread worldwide …

Go to following pages for above links:


http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm

Exposed: Naked Body Scanner Images Of Film Star Printed, Circulated By


Airport Staff

Moscow says U.S. missile shield aimed at Russia


China PLA officers urge economic punch against U.S.

(2-9-10) Dow 10,058 +150 Nasdaq 2151 +24 S&P 500 1,070 +13 [CLOSE-
OIL $73.75 (-54% for year 2008) (RECORD TRADING HIGH $147.27)
GAS $2.74 (reg. gas in LAND OF FRUITS AND NUTS $2.98 REG./ $3.26
MID-GRADE/ $3.35 PREM./ $3.08 DIESEL)/ GOLD $1,077 [video] Gold
Surges Stocks/Gold Comparison (+24% for year 2009) / SILVER
$15.45 (+47% for year 2009) PLATINUM $1,502 (+56% for year 2009) /
DOLLAR= .73 EURO, 89 YEN, .64 POUND STERLING, ETC. (How low
can you go - LOWER)/ 10 YR NOTE YIELD 3.64% …..… AP Business
Highlights ...Yahoo Market Update... ] T. Rowe Price Weekly
Recap – Stocks / Bonds / Currencies - Domestic / International
Risks Lurk for ETF Investors The bull market that never was/were
beyond wall street b.s. when measured in gold Property Values
Projected to Fall 12% in 2010 Jan 31, 2010 The Week Ahead:
Risk Is Off the Cliff; Unwind Has Begun Jan 31, 2010 01-13-10
Forecast for 2010 from Seeking Alpha Contributor THE COMING
MARKET CRASH / CORRECTION 1-28-10 Maierhofer (01-15-10)
11 Clear Signs Economy Sinking Economic Black Hole 1-22-10: 20
Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To
Recover Current Economic / Fiscal Charts Trendsresearch.com
forecast for 2009 1-7-10 Crash is coming! ‘WORST ECONOMIC
COLLAPSE EVER’ Must Read Economic / Financial Data
This Depression is just beginning The coming depression…
thecomingdepression.net MUST READ: JEREMY GRANTHAM’S
QUARTERLY UPDATE 25 January 2010 (850 on the S&P) by TPC
The Next Wave of Collapse is Coming Sooner than you think
Sliding Back Into the Great Recession ABSOLUTELY, ABSURDLY,
RIDICULOUS! SELL / TAKE PROFITS WHILE YOU CAN SINCE MUCH,
MUCH WORSE TO COME! [ Shadowstats’ John Williams: Prepare For The
Hyperinflationary Great Depression Roubini: 'The worst is yet to
come'... Top Eurobank prepares for 'global economic collapse'...
CHINA: ‘The world does not have Money to buy more US Treasuries’
We Have Reached the Top of the Stock Market (Charts/Analysis/Article
1-19-10) Marketwatch: U.S. stocks held their gains following the
release of the home builders' sentiment index, which declined in
January as industry leaders remained concerned about the poor job
market and the continuation of home foreclosures. Read more about
the sentiment survey. It’s Time to Sell the Market…(1-19-10 Why
wait till too late?) … This means closing out some longs for a profit, or
at least taking some money off the table. This also means considering
what one would do if stocks were to stage a significant reversal. The
fact that corporate insiders are selling their stakes in record numbers
and that fewer and fewer investors are participating in this rally makes
a massive reversal probable rather than possible this year!... THE
NUMBER: DEC. -85,000 JOBS... 10%... 'WORSE THAN EXPECTED'...
rallies stocks anyway (they probably just didn’t bother resetting the
computerized churn-and-earn trade programs) / the new carry-trade
borrow low then buy bubble trade deficit up / US Will Hit 94% Debt to
GDP Ratio Next Year, Surpassing the Level Where Debt Starts
Reducing Economic Growth Shrinking US Labor Force Keeps
Unemployment Rate From Rising … Negative data spurs market rally
… riiiiight! New jobless claims rise 'more than expected'... Retail
sales drop in December; Sales for all of '09 plunge by record amount...
Record year for foreclosures... Worthless Weimar dollar, inflation,
unsustainable debt, higher interest rates, and fake numbers rally
stocks Food Stamps Go to a Record 37.2 Million, USDA Says Bloomberg
…S&P sells on a price-to-earnings multiple of 88 after the recent
financial results. That is a horrendous overvaluation. A reasonable p/e
would be around 18-25…’ Economist Wachtel says practices that
caused crisis in play, toxic assets still there, and economically sound
lending not viable …El-Erian who oversees nearly $1 trillion in assets,
more than the gross domestic product of most countries, says stocks
will drop 10 percent in the space of three or four weeks, bringing the
Standard & Poor's 500 index below 1,000 soon… Breaking Point 2010:
Top Trends with Gerald Celente …DO YOU THINK IT IS POSSIBLE IN
2010 FOR THE UNITED STATES TO END UP AS BADLY AS
ARGENTINA A DECADE AGO? “Worse! Worse than Argentina
because our debt problems are worse. This is classic empire decline.
Argentina was not even an empire. We’re fighting wars in foreign
countries as we are depleting the Treasury .…That’s why we are
calling it: Breaking Point 2010!” Peter Shiff: Economic collapse in near
future / 2010, coming decade worse than past decade Last decade was
the worst ever in the stock market Jay Bookman | In nearly 200 years
of recorded stock-market history, no calendar decade has seen such a
dismal performance as the 2000s. Foreclosure / distressed sales up
again and a lunatics’ santa claus rally as in bubble-crashes past WITH
NEW BUBBLE IN THIS PREPOSTEROUS AND FRAUDULENT
ENVIRONMENT WITH CONTINUED SUCKERS’ COMPUTER
PROGRAMMED /SHORT-COVERING /BEAR MARKET RALLY (ON
TRADE DEFICIT UNEXPECTEDLY UP MORE, CONSUMER
CONFIDENCE UNEXPECTEDLY DOWN MORE, DYING DOLLAR, MUCH
WORSE THAN EXPECTED 10.2% UNEMPLOYMENT RATE, EVEN
MORE FAKE GOVERNMENT REPORTS, NEW RECORD DEFICIT 1.42
TRILLION, HIGHER OIL PRICES, EVER MORE WORTHLESS DOLLAR,
CRASH IN COMMERCIAL REAL ESTATE, INCOME/CONFIDENCE
DOWN, B.S. SERVICE SECTOR MEANINGLESS REPORT, LOTS OF
FORECLOSURE SALES) BASED ON FAKE DATA [WATCH FOR
CORRUPT GOV’T, IE., COMMERCE DEPT (GDP +3.5% BEATS
ESTIMATES-HAS BEEN PREVIOUSLY DISCOUNTED MANY TIMES
OVER), ETC., FALSE REPORTS TO FROTH MARKET], BAD DATA (JOB
LOSSES UP, BANKRUPTCIES UP 41%, CAR SALES /
MANUFACTURING DOWN, ETC.), BULL S**T (IE., MERGER MANTRA-
LIKE CHURN AND EARN COMMISSIONS GREAT FOR WALL STREET
FEES BUT BAD FOR EVERYONE ELSE ESPECIALLY SINCE LEADING
INDICATORS WITH B.S. STOCK COMPONENT THE ULTIMATE
BOOTSTRAP, MORE WORTHLESS WEIMAR DOLLAR, ETC.), BETTER
THAN EXPECTATIONS MANTRA (Paul B. Farrell: America's soul is
lost and collapse is inevitable Recession Will Be ‘Full-Blown
Depression’:(10-17-09) Strategist/Analyst The History of the
Future: Trends 2012 Autumn 2012, the “Greatest Depression” has
spread worldwide …

Go to following pages for above links:


http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm
Wall St rises on reports of help for Greece - took their cues this session
from the dollar which was weakened despite conflicting reports about
whether Germany will lead a bailout for Greece, the weak dollar owing
in reality to u.s. defacto bankruptcy being a good thing meaning
higher stock prices in the recent fraudulent wall street b.s. story
(Reuters) Equities Update: Greece Rumors, Lower Dollar Lift
Stocks…riiiiight!…a great reason that makes no sense to anyone who
understands financial realities – more fraudulent b.s. David Frye:
‘Rumors that Greece will be bailed-out of its current debt difficulties
rallied stocks today. Obviously this has been an issue negatively
overhanging markets. The bailout rumor began with word that ECB
potentate Trichet left Australia a day early meaning to tea readers
something good was going to happen. Germany denied reports of a
bailout later in the day but bulls didn't flinch much. Further Moody's
and S&P discussed more downgrades for sovereign debt including
Greece…’ “More Empires Have Fallen Because Of Reckless
Finances Than Invasion” As I have repeatedly shown, war is bad for
the economy. According to a Nobel prize-winning economist, the head
of JP Morgan and others, the Iraq war and the war on terror in general
were huge factors in destroying our economy. Traders splash £5
billion betting against the euro as the single currency falters amid
debt crisis Traders and hedge funds are making record bets against
the euro, underlining the mounting alarm over the region’s debt crisis.
A crisis of sovereignty as well as debt | The European Union is in
need of a new economic strategy– but the reason has as much to do
with the fact that its previous one is nearing its expiry date as any
desperate need to deal with the current crisis. Medicaid: False
Solutions vs. false american Solutions

THE FORECASTS:

Harry Dent, Jr.


Economy will be in a Depression by 2011
The worst of this next depression is likely to hit between mid-2010 and mid-
2013, especially around early 2011, but if the banking system continues to
implode a deep downturn or depression could begin sometime in 2009
instead of 2010.
Dow will Fall to 3,800 – 4,500 by 2012
Nasdaq will Fall Below 1,100, its 2002 low, by late 2010 or mid-2012 at the
latest.
Inflation will Increase until mid- 2010 and then turn to Deflation
Interest Rates will Increase
U.S. Dollar will Decline
Housing will Decline by 40 – 60% from Today’s Levels
Greatest Economic and Banking Crisis since the 1930s will Occur Between
2010 and 2012

Russell Napier is the author of the book “Anatomy of the Bear”, a professor
at the Edinburgh Business School and a consultant to CLSA Ltd. which is
one of the top research houses in Asia. Napier’s research indicates (and I
paraphrase) that:
The S&P 500 will Decline to 400 by 2014 (the Dow 30 to 3800)
The S&P 500 will then undergo a major crash that will see U.S. equity prices
bottom at almost 50% below current levels (i.e. to 400 or less; the Dow 30
to 3800 or less) sometime around 2014 as Tobin’s “q” drops to 0.3
signaling the end of the bear market, as it has done at the end of the four
largest U.S. market declines in 1921, 1932, 1949 and 1982.
U.S. Treasury Sales Collapse Leading to End of U.S. Dollar as Reserve
Currency

Robert R. Prechter Jr. is author of a number of newsletters and books


including “Elliott Wave Principle” (1978) in which he predicted the super
bull market of the 1980s; “At the Crest of the Tidal Wave – A Forecast of the
Great Bear Market” (1995) in which he predicted a slow motion economic
earthquake, brought about by a great asset mania, that would register 11
on the financial Richter scale causing a collapse of historic proportions;
and “Conquer the Crash: You can Survive and Prosper in a Deflationary
Depression” (2002) in which he described the economic cataclysm that we
are just beginning to experience and advised how to position one’s self
financially during that period of time.
Depression is Imminent
The Dow Jones Industrial Average will go down to at least 1000, most likely
to below 777 which was the starting point of its mania back in August 1982,
and quite likely drop below 400 at one or more times during the bear
market.

Go to following pages for above links:


http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com
http://www.albertpeia.com/alresume65393.htm

Moscow says U.S. missile shield aimed at Russia

China PLA officers urge economic punch against U.S.

Exposed: Naked Body Scanner Images Of Film Star Printed, Circulated By


Airport Staff

Go to following pages for above links:


http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm

DRUDGEREPORT: OBAMA HITS POLL LOW: ONLY 44% APPROVE... Will


80 Million Baby Boomers Bankrupt Social Security? Wall Street
hammered, Dow closes below 10,000... MARDIS GRAS IN MIAMI! RFK,
Jr. 15 months ago: Global warming means no snow or cold in DC... ICE
AGE: WEST WING NEARLY BURIED IN SNOW... 'The great global
warming collapse'... Blizzard Rearranges Announcement of Feds New
Global Warming Office... CLIMATE SCANDAL PROFESSOR: I THOUGHT
OF KILLING MYSELF...

Go to following pages for above links:


http://www.albertpeia.com/currentopics2ndqtr10108.htm
http://www.albertpeia.com/wallstreetlunacy2ndqtr10108.htm
http://www.albertpeia.com

http://www.albertpeia.com/alresume65393.htm

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