Especially on Fast Money…in other words, lotsa drooling bargain hunters…that has been the correct modus operandi for the past 10 years…but I think the majority will be surprised by stocks continuing down and gold continuing up…JMO-DYOD-EOM-over and out–remember Good King Wenceslas…etc etc
ECB Hands Italy An Ultimatum: ‘Obey EU Budget Rules Or We Won’t Save You’
Democracy versus the EU….
Ray Dalio Shifts To “Risk-Off Posture”, Warns “War” With China Is Spreading
https://www.zerohedge.com/news/2018-10-11/ray-dalio-shifts-risk-posture-warns-war-china-spreading
Bannon said a while ago that China is a massive problem…So far neither side is backing off.
Moggy lol
Lol good for you but be careful nothing jumps out on you, I used to like riding motorcycles on the winding curves plus off road. I don’t know if you have deers there but here we have to watch out. The wind can blow cars around when it gets to 70 in gust maybe less. I got pulled over for that in the calif dessert once till they figured out it was the wind but freaked when they found I left Colorado in morning and was there in Calif already lol I got chased by three guys so just out drove them lol I went to Georgia on a greyhound bus once and probably fly or drive than do that again lol. It’s a interesting experience though. On the way back when we hit Arizona it started getting windy and the bus was getting thrown around a bit but not so much it went in the other lane so some druggies called 911 and told the police the driver was drunk. I heard her say we’re somewhere in the dessert. She got the snow flakes panicked while others laughed. I think I could write a short story for every stop along the trip and none if it was good.
treefrog
Glad to hear that things are OK at treefrog manor. 🙂
goodbye michael
power just came back on. it was off for a little over a day. treefrog manor caught the eastern fringe of the storm. i estimate we had 50 mph winds, gusting to 70. twigs and branches down all over the place, and a few full sized trees. west of here, tallahassee got hit a little harder. west of there, harder yet. coastal damage was intense.
Cramer
saying get ready to buy because SM is too oversold.
I guess 5% down is enough for him?
Goldie
Agree, the wind in the mountains has a spiritual element, especially when it isn’t accompanied by a hurricane, lol. I don’t mind driving with the wind blowing and if I take the back roads I can still do 60 mph, and do I ever love coming down the mountain at high speed, gives a feeling similar to being on a roller coaster. You would think at my age I’d be slowing down a bit, but no, my reflexes are still excellent.
@Richey
re your “I think the majority will be surprised by stocks continuing down and gold continuing up“ I agree. The stock bull mkt  since 2009, is gettin old, and gold correction is also pretty old. Besides all that, the Bozos held rates low to support auto and home loans. Artificial support. They also lowered corporate taxes to support profits and earnings reports. I’m optimistic for the USA but the whole system has to go thru transition first.
The ADV DECLINE
is sitting at the same crossover avg it was at in March 2016 ,if it breaks we go lower ,if not everythings intact and it was a managed correction….what ever that means …
Indu at critical 25000 level
we see tomorrow  if it breaks below ..all hell breaks loose and its down to 17,000..If not it “rallys”…
The Propaganda has already started ..I see, Â and its a Managed economy !
Looks like BONDS made a BOTTOM TODAY
and the YIELD stopped going up Maybe Trump gave a signal to everybody with his public FED Reserve Harang…He did it Publicly !
Mr Copper
Something else AL has replaced with the young is life’s experience. Something AL can’t figure out for them less they got a computer like Armstrong. I’ve seen this before scenario or how things changed from better to worse because they weren’t there to know any better. But even computers like Armstrong might be limited to what we already know not what we don’t yet.
Mr Copper
Can’t read and now they can’t read cursive. Well maybe that’s a good thing. It can be like Pig Latin if you want to hide something from them. You can write out where you hid something and the burglars will bypass it especially if it has a lot of words in it. Maybe that’s why they don’t read the constitution then get it fed to them in a abnormal way by a lib politician or teacher. They want the kids to be submissive to their agenda instead of think for themselves.
The young are in fast pace can’t slow down long enough to pay attention. There is now artificial intelligence. AL If they want to know something just look it up. They don’t need books. Books in college are off the charts so they read it online now. We need to save our books from a computer meltdown at some point.
Moggy
Lol on forest fires. Yep a dangerous price you pay for living in the mountains I’ve always loved along with the sea esp with all those beautiful trees and the nature it hosts. I used to like listening to the wind through the mountains it was kinda spiritual but not to great to drive in and sometimes dangerous. It used to blow over antennas, trash cans down the street and anything not heavy enough and the older small Volkswagen bugs. But then again there’s always something no matter where you go so you got one of the better places.
Me. Copper
Agree. Long overdue but this is really only day one of a meaningful rally. We need to see this go on for weeks if not months.
re My Earlier Post @ 12:20 OUR Gold Situation Is WAY WAY Past Due.
Ever since the middle of 2016, the powers that be engineered a huge psychological stalling of reality tactic for the entire economy. Or just high hopes that it, the artificial boom, would carry on, last long term. They put the past 2008 to 2016 era “on hold”. There is no real economic prosperity for the masses here yet.
This chart shows how the Dow was FINALLY topping off all thru 2015 and mid 2016, a little double top. Then in mid 2016, Trump came on the scene and was allowed or encouraged to put his old long term rhetoric on prime time TV. The words alone were enough to give total optimism for the US economy, and SPARKED that last leg up. (Another little double top again. Early and late 2018.)
My view is that the run up that they started (Trump can’t be in this alone) in mid ’16 only just delayed what was supposed to happen back in 2016. The situation is FINALLY back to 2016. They (big business/China) “stole” consumer dollars for two more years from the USA, but gave Americans an artificial real estate and stock market boom.