Sunday, June 14, 2009

So onto bigger and better things!

So guess what guys, TARP money is starting to be paid back this week!   Woohoo so you know what that money was used for right?   I'm guessing they needed to prop this market up with it so they could take some of their bleeding assets off the table if you know what I mean.

I think we could see the start of a fairly big correction this week... stay tuned for more!

23 comments:

  1. I fully agree and said that when the pay back statement came out. Time is right for this to go down, but this IMO will not be the big plunge yet.

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  2. sad to hear about the Atilla ban. You have been one of the most accurate forecasters on his blog. It's great that you've got your own blog now. And, it will be good to see your posts at AceTraders.

    Keep up the good work, and thank you for sharing it!!!

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  3. I posted the link to your blog on Atilla's site. I suspect the post will get deleted and I will get banned, lol!

    I am pimaCanyon, also in_the_mountains. (don't know why Google posted my last post from in_the_mountains, I'll see if I can fix that...)

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  4. I can't believe you were banned from Attilla's--
    Z!

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  5. Hi Mr_L!
    I added your site to my Blog roll--lolz!
    Z!

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  6. Mr_L, sorry to hear that you got banned from xTrends. You had some really good calls, and a diversity of opinions is much preferred to everyone singing the same song.

    Re-posted question from xTrends, in response to your description of the road to a March 2010 bottom:

    Where do you see oil and CDN-US exchange going in that scenario, to put it into a CDN market context ?

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  7. Well folks, I too have been banned from xtrends! The reason: I made a post that stated Mr_L had been banned and I posted a link to this site. That post appeared on xtrends right after I wrote it, but I just checked back and the post has been removed. Also, there's a message at the top of the comments that reads "The site owner has blocked you from making new posts."

    Unbelievable! (I was joking earlier when I said that my post would get me banned!)

    Atilla is obviously very smart and has made some great calls. But it appears that he (or Sol or both of them) is lacking in emotional maturity.

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  8. Sol bans people who question Atilla's calls. Lot of good traders already left from that site.

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  9. Hey guys thanks for the support! Does anyone know how to install DISCUS properly so I can get the kind of post and reply system like the other blogs??

    I will answer all your questions as soon as I can, Im just tied up right now

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  10. pimaCanyon I cant believe he did that im sorry that you got banned on my behalf, I can't believe hes being such a jerk, I was just being honest with him, he seems very childish to be banning ppl because they disagree with his concepts.

    pima you know of http://www.acetraders.net ?? its a good place to go also!

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  11. zstock thanks man for the shoutout, i had alot of followers on xtrends but now they dont know where i am, hopefully i can get some support to tell them that i got banned so i cant post there anymore

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  12. pima sry maybe it was you that told me about acetraders.net :)

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  13. This comment has been removed by the author.

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  14. Mr_Lm, you are welcome to your own square and to become a guest contributor/author and join mortie and others who have followed.

    http://www.bostonwealth.net/author/mortie/
    www.bostonwealth.net/author/mortie/

    http://www.bostonwealth.net/
    www.bostonwealth.net


    Also coming this week will be live trader chat on the website.

    Anyone is welcome to become a contributor/author

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  15. No problem, Mr L. Yours and Mortie's posts were about the only ones I looked at at xtrends anyway. Now that you both have left I have no reason to go there anymore.

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  16. Ciccipasticcio here. Sorry to hear Atilla banned you: I saw his abusive reply to you and answered to Atilla with a pretty link to his sub-600 prediction "in the next two weeks" on March 12th.

    Then, as Cicciopasticcio, I got banned too for that! lol

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  17. MR L,

    ALWAYS ENJOYED READING YOUR COMMENTS AND IM REEEEEEALY GLAD YOUVE GOT A BLOG NOW. VALUE ALL YOUR THOUGHTS AND COMMENTS AND I PARTICULARLY LIIKE THE FACT THAT YOU TRADE THE MARKET AS YOU SEE IT.
    LOOK FORWARD TO READING MORE FROM YOU!

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  18. Ciccipasticcio; I think he must have a got a margin call or something over the weekend, LOL he was pissed!

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  19. tempy; thanks alot man, i try to keep it real!! ;)

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  20. FrontierNorth; i think oil will go down along with the market but not as bad, i think we are in a massive unravelling process that should last many years

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  21. BD; thanks for the offer, I will check those sites out!

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