Short term trades in the stock market •$$$$$•

[SpasticGramps]

Greece New Democracy party won. They will have a pro-bailout government for the foreseeable future.

I'm pretty convinced they will stay in the Euro until they are kicked out. Why leave when you can mouch off the other countries (Germany) to pay your bills with loans you'll never pay back?

Greece is really already dead. It's just a mess of postmortem twitches.

The real action is in Spain and Italy right now. Spanish 10y just popped above 7% which is DEFCON 1 for the printing press clown brigade. Now that all the central banks are jawboning the market together saying they'll print if need be, it's just a matter of time before we have another big print.

And on and on we will go, trying to solve a solvency problem with endless fiat digital toilet paper. It will work until it doesn't. And on that day, that's when things will get interesting.

The French election was actually a lot more important than Greece. The socialist have a supermajority government. If they pass everything they say they will watch France's interest rates go up and they will implode taking Germany with them.

 

[GOOROO]

seems trading is nearly fruitless at this point given the risks.

 

[Al Botross]

trailing 4 decades of dark money

http://www.motherjones.com/politics/2012/06/history-money-american-elections

 

[Nondual]

One thing we know they can't let the market fall any further risking wealth loss & further share price decline from these bottom lows but its anybody's guess what monday will bring, the bets were being placed on the long side obviously because of some promised intervention and there's earnings season right around the corner where these fund guys need a market rise or no Xmas bonuses but also there's little else out there for money to park & make more money.

Why can't they let the market fall further? Why not? Wealth erosion? We're well off '10 lows. Shake holders out again and pick up stuff at a bargain. RGR did not follow through with an island reversal but still just continued to tank.

As for the bolded part...yeah that.

That EU monetary drama and background noise BS continues to clog the airways.

 

[Tripsick]

. In a report, analysts told investors to short, or sell, the S&P 500 until it falls at least 5% below current levels.
Adding to investors' fears, an audit of Spanish banks showed that the government plans to request up to €62 billion of aid for the ailing nation's banks. All these factors created a perfect storm to prompt a sharp sell-off.

 

[SpasticGramps]

Like I said earlier. We are at DEFCON 1.......again. As now confirmed by the Italian Prime Minister.

Mario Monti: we have a week to save the eurozone

Italy's prime minister, Mario Monti, has warned of the apocalyptic consequences of failure at next week's summit of EU leaders, outlining a potential death spiral whose consequences would become more political than economic.

The Italian leader is to hold talks with Chancellor Angela Merkel of Germany, the French president, François Hollande, and Spain's prime minister, Mariano Rajoy, in the hope that the single currency's big four countries can pave the way for a breakthrough at next week's meeting.

The market needs to crash to give Bernanke political cover to prints ass loads of money and make things all better again....maybe and only for a while.

Europe is getting really nasty. 7% 10yr yields in Spain and almost Italy trigger Euro mini-meltdowns.

Oil getting absolutely hammered. $78.20 for WTI today. I believe energy prices are leading indicators of potential deflationary periods.

 

[yesum]

I always ask what to do for the week or next(never get a definite opinion). Short from here for a week or more?

I am thinking the s and p goes down next week, anyone got a thought there?

 

[SpasticGramps]

Both Goldman and Citi Bank are calling for S&P 1285 in the near term. So they are going short right here.

As long as Spanish and Italian yields are over 6% the market will trend down IMO.

Everyone is waiting for QE3 right now. Everyone knows it's coming, but the market has to crash before Bernanke has the political cover to print (ie the proles need to be hurting so bad they beg Bernanke to turn on the printing press).

I think we are headed down sharply on piss poor macro data until Bernanke has the all clear to print. Then we skyrocket upwards.

 

[SpasticGramps]

Why can't they let the market fall further?

I think the fact that we are even talking about the government either letting the market fall or prop it up speaks volumes for the farce that the markets have become. No longer is it a discounting mechanism based on company fundamentals.

It's just whatever Bernanke feels like it should be that day.

 

[SpasticGramps]

Charts are from the Deutsch Bank.

Momentarily Stepping Back From The Trees To Show These Two Charts Of The Forest

Every time we get too bogged down by details, minutae, nuances, footnotes, rumors, lies, or, at the very bottom of the bullshit pyramid, Eurocrat promises, and think that maybe, just maybe, there is a way to fix the mess we are in, we take a quick look at what is in store (most recently recapped by Deutsche Bank in the form of the following two charts) and quickly realize that all concerns about a happy ending have been for nothing.

Self-explanatory chart #1:

And self-explanatory chart #2:

That is all.

 

[SpasticGramps]

From the only major rating agency that matters. Another blow to the western fallacy that sovereign debt is not risk.

Egan Jones Downgrades Germany From AA- To A+

6/26/2012: Federal Republic Of Germany: EJR lowered AA- to A+ (Neg.) (S&P: AAA) (3413Z GR)
Stuck - whether or not Greece and other EMU members exit, Germany will be left with massive, additional, uncollectable receivables. Via the ECB's Target 2, Germany is owed EUR700B of which perhaps 50% is collectible and then there is the banks' southern EMU exposures. Germany's debt to GDP was 87% as of 2011. However, increasing Germany's debt by EUR700B to EUR2.9T for its indirect exposures raises the adjusted debt to GDP to 114%. The deficit to GDP of 1.0% is reasonably strong. Unemployment is 6.8% but will probably rise as global economies continue to show weakness. The positive (EUR130B) balance of trade and the positive (EUR196B) current account help. Inflation has been moderate at .9% (per Eurostat).

We used the IMF's data for Germany's debt which is 10% great than Eurostat's data. German chancellor Angela Merkel continues to create tension with EU member states by resisting calls for EU bonds (shared liabs.), money printing calls and for her pushing for fiscal controls and the seniority of bailout funding. Germany is likely to be outvoted by other ECB members and therefore will have greater prospective exposure. Watch for the EFSF and the ESM morphing into banks (thereby depressing eventual recoveries) and a rise in the number of euros. The fallout from a likely Greek exit needs to be monitored. We are cutting to "A+"

 

[Al Botross]

Medical Marijuana Inc. Shareholder Update - PhytoSPHERE Systems, LLC

SAN DIEGO, June 28, 2012 /PRNewswire via COMTEX/ -- Medical Marijuana Inc /quotes/zigman/548382/quotes/nls/mjna MJNA +5.69% a leading hemp industry innovator, is pleased to update its shareholders on the status of its portfolio company, PhytoSPHERE Systems, LLC and related products. The Company owns an 80% interest in PhytoSPHERE Systems.

About PhytoSPHERE Systems LLC

PhytoSPHERE Systems, LLC is the world's leading cannabinoid based biotechnology company that builds and develops growing, packaging and extraction technologies and deploys them in self-contained, highly efficient state of the art facilities as well as traditional hemp agricultural facilities, for the pharmaceutical and neutraceutical raw ingredients markets.

PhytoSPHERE's highly efficient growth, packaging and extraction technologies provide clients a compact, safe, pollutant-free facility which will allow them to:

Completely control the cultivation environment

Greatly increase plant yields that significantly exceed traditional methods

Reduce per-unit costs compared to traditional methods by eliminating the use of pesticides, fungicides and herbicides.

Produce Pharmaceutical grade extracts.

Establish antibacterial environments and packaging systems.

Control post production processing with proprietary standardization methods.

PhytoSPHERE's core technologies consist of:

A module that places rows of plants in a manner to accelerate growth rates.

Computer operated sprayers that ensure even distribution of nutrients to plants.

A proprietary antibacterial product clipping, curing and packaging system, allowing for a truly pharmaceutical grade method of cultivation.

An extraction and production process for cannabinoid based compounds derived from the cannabis and /or hemp plants, which uses standardized processes and technology to create the world's leading pharmaceutical grade extracts / oil / raw ingredients.

RECENT DEVELOPMENTS

Product Distribution

PhytoSPHERE Systems has recently introduced its raw Cannabidoil (CBD) Oil product line for formulation and distribution through licensing partner, Dixie Elixirs in Colorado. In June, Dixie successfully launched the Dixie X product line, a family of non-THC CBD based products. The Dixie X product line contains the highest CBD / Cannabidiol concentrations of any product on the market today. To learn more about CBD and its medicinal benefits, please click here:

http://www.medicalmarijuanainc.com/index.php/research

In addition to distribution in Colorado, portfolio company Red Dice Holdings recently announced that it would launch on-line sales of Dixie X and CBD-based CanChew gum through licensed distributors in the US within the next 60 days. Further, Red Dice Holdings will enter into exclusive licensing agreements with selected partners to distribute Dixie X and CanChew in California, Arizona and Washington D.C. within the next 90 days. The Company expects significant revenue increases once these distribution agreements are fully in place.

More on Red Dice and Dixie from the Tuesday June 26th 2012 Press Release:

http://app.quotemedia.com/quotetool...=MJNA&symbology=null&cp=off&webmasterId=89753

Hemp Tissue Culture Research & Development

PhytoSPHERE Systems, the leading cannabinoid based hemp Biotechnology Company, has documented over 200 industrial hemp varieties and has identified specific ones with the highest levels of Cannabidiol for further development and production by PhytoSPHERE Systems. Based on its technology, PhytoSPHERE Systems is able to produce the highest level of genetic purity without the typical seed-based inconsistency issues which lead to a higher rate of plant disease.

Currently companies involved in the production of Cannabis L Sativa varieties do not have a single source for genetic purity, consistency and cannabinoid profiles. Often plants grown from seeds develop mold, fungus or other diseases and little can be done to prevent this. Using tissue cultures, as PhytoSPHERE Systems does, the plants have a higher likelihood of success because of their genetic purity and identical attributes. This allows for a consistent high quality plant, which in turn delivers for a consistent pharmaceutical-grade end product.

The combination of PhytoSPHERE Systems superior technology, proprietary and patented processes genetically consistent products and tissue culture based plants, will give us the ability to produce the cleanest and highest quality pharmaceutical grade extracts and compounds currently on the market. Initially, these extracts and compounds will only be used in the manufacture of products to be distributed through MJNA's portfolio companies, thereby giving these companies and MJNA a distinct competitive advantage.

PhytoSPHERE Systems Contributions:

Produces Hemp Oil Products

Has secured product distribution in several International markets

Holds Licensing Approvals and Permits for Industrial Hemp Cultivation in many

international markets

Has been producing Hemp oils and extracts / compounds since Jan 1 2012

35 million doses of High CBD content Hemp Oil have already been

produced since Jan 1 2012

By the end of the fourth quarter 2012, PhytoSPHERE is expected to have

produced over 300 million doses

By the first quarter 2013, PhytoSPHERE expects to produce nearly 6,000

kilos annually worth of high CBD content, pharmaceutical grade end product

Will be licensing various international facilities for processing of raw materials

In the near future we will be announcing various international facility office

locations of PhytoSPHERE Systems within these countries

Working on closing substantial Distribution and Licensing Agreements with US

and Internationally based companies

PhytoSPHERE Systems website will launch by August 1st 2012

RECENT MJNA PRESS RE: PHYTOSPHERE SYSTEMS:

http://www.medicalmarijuanainc.com/...row-relationship-with-new-licensing-agreement

http://www.medicalmarijuanainc.com/...eutical-grade-cannabis-compounds-and-extracts

http://www.medicalmarijuanainc.com/...uana-inc-otc-mjna-provides-shareholder-update

About Medical Marijuana, Inc.

Our mission is to be the premier cannabis and hemp industry innovators, leveraging our team of professionals to source, evaluate and purchase value-added companies and products, while allowing them to keep their integrity and entrepreneurial spirit. We strive to create awareness within our industry, develop environmentally friendly, economically sustainable businesses, while increasing shareholder value.

Medical Marijuana Inc. does not grow, sell or distribute any substances that violate United States Law or the controlled substance act.

 

[yesum]

I went short on the s&p this week and have a little to show for it. Anyone doing this right now or have thoughts on shorting the market next week or within a few weeks?

Job report thoughts as well would be interesting.

 

[SpasticGramps]

Running Out of Options, Euro Zone May Face a Stark Choice CNBC

The European Central Bank is almost out of conventional policy options and will have to turn to measures it finds deeply unpalatable if the euro zone crisis intensifies, or watch the bloc slide towards the abyss.

Holy shit. It's the fucking abyss again. Well, WTF over?

Print. It's your only option.

You better not short
You better all buy
Better invest
I'm telling you why
Bernanke Claus is printing right now
He's says he won't be printing
But you know he’ll do it twice;
Gonna bail out Who's naughty not nice
Bernanke Claus is printing right now
He calls it quantitative easing
ZIRP a QE fake
He knows what interest rates should be
So buy treasuries for goodness sake!
O! You better not short!
You better fucking buy
Better invest
I'm telling you why
Bernanke Claus is printing right now
Bernanke Claus is printing right now!



Merry quantitative easing to all, you'll be millionaires tonight.

 

[SpasticGramps]

The BS report.... I mean the BS propaganda flyer....... I mean the BS joblessness report.....

The BLS report..... well you get my drift.

 

[Hydrosun]

PGH trading near 52 week low. Pull up old charts of HTE and this PGH looks to be following the exact same path, only 3 years later.

Watch for the price of PGH to steadily fall, and then TAKEOVER with a nice premium. Time to start building a position.

 

[idiit]

when you buy a house free and clear ( paid for ) you get physical possession of the title in your name. same with a car, boat, etc. when you buy stock thru a broker dealer ( stock broker ) the stock is held in the "street" name. that means that after you paid for the stock the physical title is not in your possession. that also means that the tiltle to the paid for asset ( unlike cars, boats, homes) is kept in your brokers name. they have seized your collateral and transferred title to their company. i shit u not!

Q. ok, so that's how they do business. what's so bad aboout this? Answer: mf global! mf global went belly up and not one farmer has been compensated for his collateral held in mf global's name.

it's actually even worse than this. the broker/dealer is allowed to use your collateral put in their name ( the broker/dealer has title to your stock in their name) as collateral to secure levered investments; for every $ collateral of client's assets they hold title to they can make 10 times the collateral ( your stock in their name) in investments. if they bet poorly they go out of business and you lose all your investment.

it's like remax keeps the title to your house and uses it as collateral for some bad stock investments and you end up losing your house (fully paid for in the clear).


exactly like that.

i run my family's investment portfolio and have been thru this in detail with our stockbroker and several financial experts. straight shit. my family has kept half of their previous stock investments and moved the other half to physical bullion. their decision.

doubt me? do two things; research mf global and ask your stock broker. inquiring minds need to know!
,

 

[Hydrosun]

A. But MF Global was run by a former Goldman Sachs partner, US Senator, and US Governor. John C. Therefor because the elites profited the action was moral. Not the first time that the farmer has lost his crop to the man. That shit happens around here with MF Micro pigs smashing in doors.

 

[headband 707]

I have not had time to read all this thread and I'm sure everyone on this thread already know about how the stock market traders are taking advantage of stocks by using computers and trading seconds before everyone else does making the average person imposible to get anywhere..just saying... can't beat these assholes as they are cheating...Stay REAL headband 707

 

[SpasticGramps]

Yeah. We talked a good bit about High Frequency Trading in this thread. It's basically legalized stealing and it's also leading to the market cannibalizing itself. Not only has HFT destroyed retail market confidence, but it's slowly destroying the "plumbing" of the market.