The Sarcasm Report v.41

I just love commodity driven stock markets!

Oil is up 4% today. Let's hope the trend continues. Can't you just feel the prosperity flowing again?

Oil gains 4 percent on dollar drop, Iran tension

NEW YORK (Reuters) - Oil prices jumped 4 percent to above $77 a barrel on Tuesday, responding to a weaker U.S. dollar, stronger equities, and growing tensions over sanctions against Iran.

For the love of all that is holy, please continue to increase those tensions! Do not let us slide back into deflation again or all is lost!

Stocks gain on earnings, deals and hope for Greece

The Dow Jones industrials rose about 130 points in late afternoon trading. The dollar fell as money moved out of safe havens and back into riskier investments like oil and other commodities.

Oil is up roughly 4%.
Stocks are up roughly 2%.

That's a 2-1 ratio. That's pretty much the trend since the bottom of the markets. Let's see what happens if we simply extrapolate this into the distant future.

If we can get oil to $450 per barrel, then the Dow should hit 30,000! Woohoo! We'll be rich beyond our wildest dreams!

"Dow, 30,000 by 2008" Why It's Different This Time - Second Printing (Paperback)

Much of the information contained in this book has been assembled from several decades of research on both the economy and stock market. Some of the conclusions will come into conflict with conventional opinions. However, each conclusion is supported by a "factual foundation" that rests on a body of historic evidence. These revelations could change the way investors think and the way they behave in the future.

Here's what the customers are saying.

A Prescient Mind - Spot On!, October 24, 2008

By von Mises

What a brilliant, insightful tome on investing cycles. The author makes an iron clad case as to why the Dow will skyrocket to the stratosphere by 2008. I can find NO FAULT in his logic. Leverage is the key to success in this world of ours. Everybody should borrow against ANY asset that they have, especially their home, up to 30 or 40 times the fair market value. As everyone knows, homes NEVER decrease in value.

There is no "different this time" allowed in the sarcasm report. It's just 100% sarcasm 100% of the time. :)