[sicophiliac]

link

Some pretty brutal and yet strait forward predictions. GM to go out of business, stocks are "dead" if oil continues to rally. Typically you would expect a bit more positive spin or the usual cautious watered down warnings on the economy but this article is pretty damn blunt I must say. Its right at home among the doomers here so read and enjoy.

[like_the_dinosaurs]

Thanks for the informative article. You can smell the death in the air.

[Impervius]

That means the next step then is to shatter Depression-era records..

Doom and gloom makes me happy.

[Homesteader]

snip from the article:

"One thing is for certain, if crude continues to rally, stocks are dead," said Dale Doelling, chief market technician at Trends In Commodities.

"If stocks have another day like this tomorrow, then the fallout next week could include government intervention in the markets," said Doelling. "

[Kristen]

Oh great, let's see if the government can screw it up more. We're in for sad times, that's for sure.

[cube]

....
"If stocks have another day like this tomorrow, then the fallout next week could include government intervention in the markets," said Doelling. "

I thought we lived in a free market economy?

*extreme sarcasm* - in case anybody didn't pick up on it

[HEADER_RACK]

snip from the article:

"One thing is for certain, if crude continues to rally, stocks are dead," said Dale Doelling, chief market technician at Trends In Commodities.

"If stocks have another day like this tomorrow, then the fallout next week could include government intervention in the markets," said Doelling. "

I'm getting a boner. Truth is so much better than fiction

[Jack]

I'm getting a boner. Truth is so much better than fiction

Just wait until government intervention occurs. You'll get two immediate side-effects -

1) Chronic shortages

2) Black market profiteering

Don't be surprised if public service employees, including law enforcement officers, become part of the supply chain.

[BigTex]

snip from the article:

"One thing is for certain, if crude continues to rally, stocks are dead," said Dale Doelling, chief market technician at Trends In Commodities.

"If stocks have another day like this tomorrow, then the fallout next week could include government intervention in the markets," said Doelling. "

I'm getting a boner. Truth is so much better than fiction

HEADER_RACK, your avatars are getting doomier and doomier.

Here's one you might want to put in the queue:

[HEADER_RACK]

I'm getting a boner. Truth is so much better than fiction

Just wait until government intervention occurs. You'll get two immediate side-effects -

1) Chronic shortages

2) Black market profiteering

Don't be surprised if public service employees, including law enforcement officers, become part of the supply chain.

This is true . But ya still gotta love the foreplay.

[HEADER_RACK]

Tex. My avatars are not of doom. They are pics of the future

[Jack]

This is true . But ya still gotta love the foreplay.

Oh, that's all part of the foreplay too.

The main event involves zombie hordes and machine guns firing tracers.

[BigTex]

Tex. My avatars are not of doom. They are pics of the future

And the difference is...

[HEADER_RACK]

Tex. My avatars are not of doom. They are pics of the future

And the difference is...

difference is on which side of the gun barrel your on

[cube]

Just wait until government intervention occurs.

A 2% federal funds rate == intervention already.

[Jack]

Just wait until government intervention occurs.

A 2% federal funds rate == intervention already.

True. Very true. Add in the Fed's shenanigans with bank collateral and one has a great deal of intervention.

We've seen nothing yet...

[MrBill]

The Fed shot his load during the foreplay, and now on 'the next leg down' he does not have any more bullets in his chamber.

[Keith_McClary]

Relax, it won't be much worse than the GREAT DEPRESSION and nobody died from that, people ate rabbit and gopher stew with turnips and potatoes and carrots and sat around the campfire singing happy songs (I can't think of any examples right now. Maybe if I go to the fridge I will find some inspiration)

[SILENTTODD]

Relax, it won't be much worse than the GREAT DEPRESSION and nobody died from that, people ate rabbit and gopher stew with turnips and potatoes and carrots and sat around the campfire singing happy songs (I can't think of any examples right now. Maybe if I go to the fridge I will find some inspiration)

Difference between now and then is most people (95 %?) of the U.S. population, don't know how to butcher a rabbit, let alone a gopher (personally I'd leave them for the cats).

"singing happy songs"? Without an IPod? You must be kidding?

[Micki]

Relax, it won't be much worse than the GREAT DEPRESSION and nobody died from that, people ate rabbit and gopher stew with turnips and potatoes and carrots and sat around the campfire singing happy songs (I can't think of any examples right now. Maybe if I go to the fridge I will find some inspiration)

US population 1929 - 122Million.
You probably need to add mudcakes to the food list.