General Electric (GE) announced today what Volatility News announced on January 23rd. It’s official. The dividend has been cut. The silence of Moody’s is deafening. GE will lose it’s triple A rating. Stay Tuned.

Peace

My friends call me V

Way back when, I mentioned that Prologis (PLD) and American International Group (AIG) would share the same destination. Zero. Like AIG, Prologis (PLD) continues to be attracted, like a magnet, to zero.

Peace

Not if, just when

Economic history is a never-ending series of falsehoods and lies, not truths. It represents that path to big money. The object is to recognize the trend whose premise is false, ride that trend, and step off before it is discredited.
-George Soros

The market can remain irrational longer than you can remain solvent.
-John Maynard Keynes

…That said, we continue to believe that we will ultimately be successful in our investment in Target.
-William A. Ackman

Hedge Fund Lets Investors Withdraw What is Left.

Peace

Can an intelligence create another intelligence more intelligent than itself?
-Ray Kurzweill
The Age of Spiritual Machines

1) I bought Bank of America puts for 22 cents. They are now bidding 68 cents. My strike price is 4. I think I’ll sell these for about $3 by sometime next week. Gambler’s ruin has ensued. Where is the analyst that upgraded Merrill Lynch back in September? When Bank of America (BAC) bought Merrill Lynch, they sealed their fate. Natures Math does not lie. It cannot.

2) Prologis (PLD) should be below $1 by the third Friday in April. The tipping point has tipped. The common equity will be wiped away. Nature’s math is irrefutable.

3) A great friend had a breakthrough the other day. He said:

If it is ‘too good to be true’ and it is true, then it’s REALLY good.

Things that are ‘too good to be true’ often are true. The difference is whether you believe or not.

Peace

Luke: I can’t believe it.Yoda: That is why you fail.

There is a light, that shines
special for you, and me
-Common

The market gave a classic little tease to the upside yesterday. Today we gave it back. The selling was intense today. More intense than the buying yesterday. I have a target on the S&P futures of 675. We’ll call 675 the next yellow light. It may get stopped there, or it may speed right through. No matter the outcome, it is going to the intersection. Calling intersection 675. We will get to you. The calculations are correct. Nature’s math is for real. Tease it up all you want. The path to the intersection isn’t a straight line. We will get there, though. My navigation system rarely steers me wrong.

Peace

Just Rollin down to 675