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mathematically perfected economy™ (MPE™)    1  :   the singular integral solution of  1) inflation and deflation,  2) systemic manipulation of the cost or value of money or property, and  3) inherent, artificial multiplication of debt into terminal systemic failure;    2  :  every prospective debtor's right to issue legitimate promises to pay, free of extrinsic manipulation, adulteration, or exploitation of those promises, or the natural opportunity to make good on them;    3  :  our right to certify, to enforce, and to monetize industry and commerce by this one sustaining and truly economic process.

MORPHALLAXIS, January 14, 1979.

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 Post subject: Bear Market and “SECOND ROUND OF PAIN” by Russell
PostPosted: 03 Feb 2010, 6:53 am 
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Joined: 29 Jan 2008, 6:06 pm
Posts: 731
RUSSELL: HERE COMES THE “SECOND ROUND OF PAIN”

MS: If Russell is correct, and credit can be given to him for calling the stock market the living animal (market) - Russell: "I’ve often likened the stock market to a living animal. It’s an animal that is scheming and fighting to part us from our money." So, if Mr. Russell is correct, then Mr. Russell should stop dealing with animals and start dealing with people. Abolish the Bull & Bear speculators/traders markets.

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The Pragmatic Capitalist wrote:
The most basic definition of a bull or bear market is the market’s position when compared to the 200 day moving average. Most chartists consider a market above the 200 day moving average to be in a bull market and a market below the 200 day moving average to be in a bear market. China’s Shanghai Index recently broke below the 200 day and appears to be following classic post bubble price action – a bursting bubble followed by a relief rally based on false hope which is ultimately followed by years of sideways or negative market action (think Japan circa 1995 or Nasdaq circa 2005). Without getting too technical and simply using this very basic definition the Shanghai index has now officially entered bear market territory.

Source:http://www.philstockworld.com/tag/bull-market/

Russell wrote:
29 January 20

Recent action in the markets has Richard Russell growing increasingly concerned about the future market performance. He is now warning investors of an impending “second round of pain”:

“I know of only one rule that always holds true for the stock market. The market will advance to a state of overvaluation and over-enthusiasm, and this will usually identify a top. The top is followed by a long road to a state of over-pessimism and undervaluation and this will identify a bottom. We call the extended and winding travels between these two — bull and bear markets. Most unusual is the investor who can stay invested for the full length of a bull market or the investor who will remain OUT for the full length of a bear market.

Why so? It’s because of greed that investors won’t stay out of a bear market. And it’s because of fear that an investor won’t stay in during the full length of a bull market. I’ve often likened the stock market to a living animal. It’s an animal that is scheming and fighting to part us from our money. It’s been said that never has anything invented by man been so frustrating to man as the stock market.

The remarkable thing about the stock market is that it contains the sum total of what everybody knows about absolutely everything. It’s been said the “everybody knows more than any one person.” And that’s what I find so fascinating about the stock market. The combined wisdom of hundreds of millions of people are reflected in the action of the stock market every minute and hour of each session.

The trick is to interpret the action of the market and what the action is telling us. I’ve searched for 50 years trying to find that “pot of gold,” and as far as I know, nobody has ever succeeded. It’s the eternal mystery, it’s the everlasting puzzle. The day that some genius fully understands and beats the market, that day the market will cease to exist.

I note that most analysts are now bullish, and that they are recommending stocks for the “continuing advance.” At the same time, most economists are optimistic, arguing that the “longest recession since World War II has ended.”

Typical, last March everyone was bearish and the market was establishing a temporary bottom. Now that everyone is optimistic, the stock market is topping out and the public (the amateurs) are about to receive their second round of pain.”

Source:http://pragcap.com/russell-here-come-the-second-round-of-pain




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While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.

There is no other solution. Regulation can only temper an inherently terminal process.

If you are not promoting mathematically perfected economy™, then you condemn us to monetary failure.



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