I’m bored being a bear.
Developing…
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I’m bored being a nobody.
Developing…
Sort of like picking a winners in a losing enviroment. Not our nature to root for a losing enviroment for long periods of time.
Get used to it for awhile.
You think thats bad, try being a democrat in the state of Kansas.
You must be from the South Pole?
Kansas, unlike the rest of the planet, is only 6000 years old.
They burned the other democrat at the stake.
Fly – At least there is plenty of bearish information to read while you’re bored. I just finished a Nouriel Roubini article. I feel like shooting myself to avoid the apocalypse (It must have been the last thing Kurt Cobain read).
David Elliot and some others are looking for a huge reversal this month to the upside.. I am locked and loaded for a bear market ralley should one occur.
Buy PAL. There is no stop in the rally!
come over to the side of light & love
for a trade
then go back to the den
Too fucking bad, you need to stay bored while making money. Lets see how bored you are if you start going heavy long the banks. I would rather be bored as fucking and bank monster coin daily than be excited as hell and lose my fucking tool box.
Looks like Warren Buffet is on a bear hunt.
Not a bad time to declare victory…you caught the vast majority of the move.
SKF is losing it’s toolbox this morning…
ALIAS: BPOE
Being a bear is like taking Viagra. The market only goes up 4 hrs at a time. Then it goes down like a rocket. Fuck that shit. It sucks making money being negative!
The MBIA / Ambac short immolation begins:
http://us.rd.yahoo.com/finance/news/topnews;_ylt=ArxBaHPr68TVY2CUEcBZBDi7YWsA/*http://biz.yahoo.com/ap/080212/buffett_muni_bonds.html
What am I missing here?:
“Barton Biggs, the former global investment strategist for Morgan Stanley, said in a Bloomberg Television interview that the market is “at or very close to an important bottom” and may be led higher by banks and brokerages when a rally occurs. Some financial companies may advance 20 percent to 25 percent over periods of two to three weeks, said Biggs, who helps manage $1.5 billion in Greenwich, Connecticut. “
Happy Balls Lit Aflame Day!!!!
Feb. 12 (Bloomberg) — AIG CEO Martin Sullivan may find his job at stake after an accounting lapse led to a bigger-than-forecast drop in the value of the company’s holdings.
Shares of AIG, the world’s biggest insurer, fell the most in two decades yesterday after it said contracts sold to protect fixed-income investors against losses declined by $4.88 billion in October and November, four times more than a previous estimate. Sullivan had assured investors in December that the writedowns, tied to the U.S. housing market”
An “accounting lapse” $4.8 billion – so far? WTF
They execute idiots for that shit elsewhere.
That’s it!
When Bear-Of-All-Bears, Barton Biggs, makes a rare market turning comment like he just uttered, markets have generally, within a short period of time, made a very violent move, to the consternation and bewilderment of many.
Skiffles, Skiffles, who’s got the Skiffles, the world wants to know?
You fuckers didn’t know I could load my 20 mike mike cannons with The Golden Hand of Buffett, did you?
The Fly is “Bored with being a bear”…gimmee a break! This is a classic Fly reversal. Last week, according to The Fly, we were heading into armageddon…and now this week he is bored with being a bear. How can anyone change their view so quickly? I think the Fly’s real identity is Jim Cramer.
That’s it…Jim Cramer is “The Fly”…mystery solved.
Fly,
how come no embedded from MOT? Is it still a possibility?
beware a reversal today … LEH & GS stinking up the jernt
Please someone explain to me how Uncle Warren makes things better?
You mean, you’ll insure all of our GOOD bonds, Uncle Warren? And leave us with all the nasty radioactive CDO shit that’s melting a hole in the bottom of our quick-sinking boat?
Gee, thanks Uncle Warren, you rapacious mofo!
The market can remain asshatted for longer than you can remain solvent.
Add a robust Buffett Put to the rather crowded Bernanke/Federal reserve (Bildenberg) Put underpinning the market at this juncture.
Feelin lucky, punk?
(to humbly paraphase Clint)
Special regards to Barton Biggs
Just started my FXP position so China will prob be up huge soon…
Who gives a fuck if the holstered vibrator couldn’t go off yesterday?
What I truly fear is an extended outage of iBankCoin.
Buffett is merely offering to profit from what we’ve known all along would have to happen – the separation of the muni insurance from the concrete blocks pulling everything else under at high speed.
Market was bored being bearish. Will soon resume.
Warren is just one piece to the puzzle. My view is that with Warren, Whitman, Ross, Warburg Pincus, and the NY State Insurance Commissioner all sniffing around, the risk is becoming smaller every passing day that the bond insuers will nuke the financial system.
Of course, once it’s clear the insurers won’t nuke the system, the trade will be over. I still think my $52 target on BAC is conservative.
Warren Buffett aint no schmuck.
someone is front running the lunar eclipse rally culmination
fuckers
trend day to the bell, or roll over?
market looks just great … 😉
the only sanity I can see anywhere is that FSLR just rolled over ahead of earns tonight. Set for disappointment with ’08 rev projections well ahead of guidance while 1Q earns will decline sequentially. But, hey, with market up 400 pts since this time yesterday, FSLR could still get halfway to the moon by the close.
He forgot to say that one of the reasons people are in foreclosure is that some saw a quick flip, but at 100% financing and declining values the homes are under water. But then again, that would not be very PC.
jesterday – talked to a friend who’s a local carpenter around amagansett, ny… he says work has come to a halt .. a lot of his friends have no work
my name is dude man
http://www.youtube.com/watch?v=9GgWrV8TcUc&eurl=http://www.infowars.com/?p=205
DUG is making my ass bleed.
wow, what a douche-bag that cop is … he should be in prison with folks his own size
a civil servant doing his duty protecting the citizenry
How much fucking money does that fossilized douchebag of Omaha rally need. Stop fucking using words I patented – and you know who you are.
yea that cop is fucked. tiny man.
I wish that kid said my name is dude man.
He best file assault charges on that mo fo.
be sure to watch for krull’s vid today; ZOLT missed, down 17%. He should be in fine form, tho I don’t know if he had any…
I thought cops take anger management classes? guess not
dennis kneale is lucky to have a job … life isn’t fair , he should be out on the street corner with a squirt bottle & a squeegie
Of course, once it’s clear the insurers won’t nuke the system, the trade will be over. I still think my $52 target on BAC is conservative.
It isn’t the insurers nuking the system. It is the loans made against highly overvalued assets. I don’t see anyone out there trying to prop up asset values. All they are doing is trying to minimize the collateral (no pun intended) damage from all the imploding debt securities.
I strongly doubt that the financials have been knocked down because they believed that institutions would have to start dumping municipal bonds when the insurers tanked. Therefore, I doubt that rescuing the muni bond insurance business will save the financials.
The greatest damage the douchebag of Omaha did was to say equities were fairly valued. Since it was Becky Quickie doing the interview, she was too starstruck, or perhaps too congenitally stupid to ask what and how much was the fossilized douchebag buying. Becky douchebag and Fossil douchebag, mathc made on CNBC.
i was turning bullish but buffet just raised my hope of being bearish
arewepayingattentionyournameistoofuckinglong,
Everyone should get into Krulls chat room and drop suggestions for a new name for his site. Apparently, he is getting hammered by the Naz for using their name. He needs to change it to something else and is taking suggestions.
Is it me, or is volume REALLY REALLY LIGHT.
That would make sense, as I covered my shorts this morning.
Anyway…volume looks very weak today. We’ll see if buying picks up into the close.
I see this piece of shit dying slowly the rest of the day..
Wood.. am I seeing you on here during the day?
Calvino- yes, it is lunchtime.
However, I have not looked at real-time quotes for a few weeks. I’m keeping things legit.
They’ll have to fire me to keep me from checking out IBC a few times a day.
euro/dol and eur/jpy just finished with head snd shoulders on the day chart..