By VultureAlert.com
The new buzzword that you're starting to see and hear a lot: "recovery". In conducting our usual morning readings, we can't escape the word "recovery", it's everywhere we turn. This is a word that is a lot nicer than what we were used to the last few months in which were were faced with the overuse of words such as: "decline, collapse, depression, crash, and recession" to name a few.
Emotion is what fuels the market, the market looks forward and despite the continued bad economic news related to company revenues, sales and employment the market has stabilized and in the junior and small cap sectors it has even begun to "recover". People's doom and gloom emotions are beginning to be reprogrammed to be more optimistic in their thoughts and feelings.
One way we assess the market and its direction is in looking at commodity prices, the word "copper" was a horrid, disgusting word in October and November. In Vancouver, the hub for mining exploration finance, it was a four letter word. Copper has kept a low profile the last few months and has been very stable since the beginning of November. Nickel, Zinc and Lead the same.
In fact, almost all commodities have leveled out since their huge drop in mid-2008. Either, this is the calm before the real storm or the skies are starting to clear. A few possible hurdles in our way remain the health of the Financials and the Automotives. Seems to us that more bankrupcies are inevitable and any big name going down will surely slow the overall momentum of recovery.
Due to this remaining uncertainty, we like small and micro caps that are well financed and are related to key commodities such as metals and energy.
On another note, check out our recently redesigned website at: www.vulturealert.com
Re: The new buzzword: "Recovery"
VultureAlert.com
No, we are not a stockhalt notification site. Glad you like the site. We take a more hands-on approach interviewing companies and watching for cataylyst which could lead to triple digit returns over a 12 month investment time frame. We typiucally provide between 2 and 4 alerts per month.
We offer 1 month free so that you can evaluate the service. Our latest alert sent out last night is up 4% since market open this morning on good volume.
We also had another one of our previous alerts hit triple digit return status...in less than 3 months!
Thanks for the comment.
Cheers,
VA
Re: The new buzzword: "Recovery"
Aagee -- what does the BANK [which is a CORPSE -- like in D.E.A.D.] ACTUALLY create ???
you are a h.u.m.a.n. -- a BANK is a T.H.I.N.G. and it's the h.u.m.a.n. BEHIND the entity called "Bank of..." who BUFFALOS others into BELIEVING that the BANK is a HUMAN.
DON'T defend a F.I.C.T.I.O.N. called a B.A.N.K. !!!
here's another email from Jack Harper to Bloomberg's Bob Ivry -- i've taken out Jack Harper's email address:
----
Who is in possesion of the original mortgage note? From: Jack Harper Sent: Tue 2/26/08 8:53 PM To: bivry@bloomberg.net
Bob Ivry in New York wrote;
Quote:“Lents's attorney, Jane Raskin of Raskin & Raskin in Miami, said she has no idea who owns Lents's mortgage note.”
``Something is wrong if you start from what I think is the reasonable assumption that these banks are not losing all of these notes,'' Raskin said. ``As an officer of the court, I find it troubling that they've been going in and saying we lost the note, and because nobody is challenging it, the foreclosures are pushed through the system.''
Isn’t it amazing how stupid lawyers are at times?
What’s even more amazing is how stupid some banks officer’s are.
Given the nature of mortgage loans, the original, blue ink signed legal instrument known as the “note” is sitting in the federal treasury department where it has to stay.
If, the bank actually was in possession of the note then, you, having satisfied your obligation to the bank would naturally demand the note be returned.
Right?
I mean, WHOEVER, is in possession of the note, is the holder in due course to the legal title to the property.
Anyone, including you, while holding a mere copy is deemed, nothing more than a tenant holding equity title.
The reason for this is simple; “The bank never loaned you any money” and therefore, can not legally lay claim to the property even though you may be in default, unless of course, you don’t know any better.
Upon application for the mortgage loan that you signed on the dotted line, the bank in turn, upon submitting the original note to the treasury department was authorized to release the funds to the seller of the property.
The only interest the bank retains is the collection of another’s debt.
And that makes them a third party to an action.
All along the banks have pulled the wool over everyone’s eyes and now it’s all coming home to roost.
You may wish to refer to the federal court case in Cincinnati Ohio on November 1 / 2007, where 14 mortgage holders (some were in default, some were not) walked out of court with no one to make their payments to.
In turn the Duetshe Bank fired their lawyers and went home with empty pockets.
Regards,
Jack Harper
Saskatoon, Saskatchewan, Canada
-----------
there's more...but will post at a later time.
Re: The new buzzword: "Recovery"
forgot to add that the LEGALESE language and LEGALESE law - ONLY deals in T.E.C.H.N.I.C.A.L.I.T.Y. !!!!!
s/he who HOLDS IN THEIR P.O.S.S.E.S.S.I.O.N. the O.R.I.G.I.N.A.L. mortgage note/document -- has C.L.A.I.M. to the L.O.A.N. and mortage payments.
the Banks bundled up your MORTGAGE notes and then S.O.L.D. them on the markets and someone in CHINA, EUROPE, etc. OWNS that note and can L.E.G.A.L.L.Y. CLAIM his/her RIGHT to YOUR house....and NOT the Bank where you ORIGINALLY s.i.g.n.e.d. the mortgage note/document.
below is an email from Jack Harper -- kissin cousin of Canada's Prime Minister, Stephen Harper:
-----
To whom it may concern:
Wondering about the spiralling stock market? Want an explanation of the sub-prime debacle? Do you wish to know what’s really going on amongst the banks? This just released yesterday interview with a British banking expert will enlighten you. This is 1 hour and 11 minutes long.
http://www.iamthewitness.com/audio/Muhammad.Rafeeq/TFC.2008.01.21.Mon.Ra...
Jack
-------------
that link is from LAST YEAR....and so is that email.
Re: The new buzzword: "Recovery"
That's one way of putting it BUDDIEE??? Everyone wants to blame the banks, how about blaming themsekves for over leveraging themselves like idiots. Don't live beyond your means next time. The public is jsut as guilty as the banks and the rest of Wall Street.
Re: The new buzzword: "Recovery"
recovering one's own brain.
once people realize that its their OWN s.i.g.n.a.t.u.r.e. that CREATES the credit and once people start to learn the L.E.G.A.L.E.S.E. language and how the Law Society and its members have CREATED a religion whereby everyone FOLLOWS THEIR laws EVENTHOUGH they NOT a member of this religion...it's ONLY THEN that one "recovers" what has been STOLEN from them.
Re: The new buzzword: "Recovery"
I like the website, is it a stock halt notification site?
Re: The new buzzword: "Recovery"
Don't forget the housing sector. No one is going anywhere until people can afford to pay their mortgages once again. What was the four letter word for copper?...hmmmmmmm. LOL.
Great blog. I am thinking we might have one more surprise in store before we get back to a good market.