It only represents 1% of the worlds daily supply of crude (1 million barrels per day).
On this news, oil should go down by at least $15 and the Dow should rise by 500—considering we are in a ‘Costanza Market.’
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This is the best info on the Russian/Georgian thing I have come across – referred by John Mauldin’s newsletter:
http://www.stratfor.com/analysis/intelligence_guidance_conflict_south_ossetia
http://www.stratfor.com/theme/crisis_south_ossetia
You can short BP and buy USO for a power play..
They should put me in charge of the pipeline, the most I ever spilled was 11 M bbls. ** hic **
I can divine the future by reading stock charts and drinking vodka. The rally will continue until 9/11/08.
Best thing you can do right now is to miss the so called bottom. Wait for the stupid money, and the technical nalysts to push the market up, and short the indexes again for profitable leg down.
FLY
I just got up here and got myself settled. This place is pretty fucking cool- tons of pussy too.
No mutha fuckin “milk and cookies” though?
–Bernie
Bernie,
Loved you in Bad Santa….rip
Now Isaac Hayes…weird no?
Negative Karma points me? Man, I just fucking died and still cant get no love.
This site is for crackers.
I think Ill try to get in Princess Di’s pants tonight-she’s lookin fine for a white girls.
–Bernie
get ready for another bizarre options exp week.
this:
http://www.nypost.com/seven/08102008/business/lost_sovereignity_123879.htm
is flying around the internet faster than a scarlett johannson sex tape.
Aris,
That would truly be an awesome sex tape.
In other news: This nation is losing it’s soul. First Bernie, now Isaac Hayes.
http://www.cnn.com/2008/SHOWBIZ/Music/08/10/hayes.obit/index.html
they killed chef?!
you bastards!
Wait!!! There’s a scarlett johannson sex tape?!?
I liked this, recently posted by Howard Blackstein. Sorry for all caps, its a cut/paste
8/10-INSTITUTIONAL RESEARCH-JAMES TURK ,A FEW HOURS AFTER MY POST, PUBLISHED THE SAME PROOF OF ECB AND FED BUYING OF DOLLARS TO INSTIGATE A PHONY DOLLAR RALLY,THAT I POSTED THIS MORNING.
1) WHAT THE FED HAS DONE BY ‘SAVING THE BANKING SYSTEM’,IS NOT THAT AT ALL!! THEY HAVE PRACTICED COMMUNISM IN REVERSE-THEY GAVE TO THE WALL STREET RICH(BY INFUSING CAPITAL INTO MORIBUND FINANCIAL INSTITUTIONS),AND THEY HAVE STUCK THE COMMON MAN WITH THE TOTAL DEBT RACKED UP IN THE PROCESS.
NEW CREDIT CREATION IS COLLAPSING!!! THE FED HAS DRASTICALLY LOWERED THE FED FUNDS RATE TO 2%,AND PRIVATE SECTOR INTEREST RATES(AN AVERAGE OF MORTGAGE RATES,LONG TERM BOND YIELDS,ETC) ARE BACK TO WHERE THEY WERE BEFORE THE FED STARTED CUTTING RATES(6.85 %).
MY THANKS TO MY FRIEND JEFF KLUGMAN, FOR PROVIDING ME WITH PROOF THAT THE DOLLAR RALLY IS STRICTLY THE RESULT OF THE EUROPEAN CENTRAL BANK,AND THE FED BUYING UP DOLLARS,TO INDUCE A RALLY. THE RESEARCH COMES IN THE FORM OF A CHART,WHICH I CANNOT REPRODUCE HERE. THE CHART IS AVAILABLE TO iTULIP SUBSCRIBERS.
THE FED IS DESPERATE TO TRY TO IGNITE CREDIT GROWTH. ANYTIME THE FED FUNDS RATE IS BELOW THE RATE OF INFLATION,THE ECONOMY IS IN NEED OF A NEW BUBBLE. THERE IS ONE BIG PROBLEM,THEY ARE PUSHING ON A STRING !!!! THE ONLY CREDIT THAT IS EXPANDING,IS CREDIT CARD DEBT. WHY IS THAT? AMERICANS HAVE SEEN THERE HOME EQUITY ATM VANISH,AND SO TO MAINTAIN THEIR BASIC LIFESTYLE ,THEY ARE USING CREDIT CARDS WITH ABANDON,EXCEPT NOW, THEY ARE USING PLASTIC TO FUND FOOD AND GASOLINE PURCHASES,INSTEAD OF THE FORMALLY FINANCING OF DVDS,HDTVS,ETC.
IS THIS THE 5TH or 6TH BOTTOM THAT THE CHARLATANS HAVE CALLED? THE ONLY BOTTOM THEY RECOGNIZE IS A BABY’S BOTTOM.
Whew, if it weren’t for “all caps” and strained metaphors, I wouldn’t know who to trust!
___
wait, so the fed ISN’T on my side?
now i’m really glad i didn’t check the ‘presidential election’ donation box on my federal taxes.
WE, THE PEOPLE OF CENØXÅ/7 (A SMALL PLANET BEYOND THE EDGE OF YOUR GALAXY) HAVE BEEN BUYING YOUR DOLLARS TO FEED OUR HUNGRY PEOPLE. THE DYE IS NOURISHING AND THE IMAGES ENTERTAINING IN OUR TIME OF NEED.
WE SINCERELY APOLOGIZE FOR ANY CONFUSION OR MARKET DISLOCATION THIS ACTION MAY HAVE CAUSED. WE THOUGHT IT WAS MORE FRIENDLY THAN FLESH-VAPORIZING GAMMA LASERS (THAT’S STILL ON THE TABLE BY THE WAY).
PS: THE “HUNDRED DOLLAR” BILLS ARE TRULY DELICIOUS. I LIKE TO PREPARE MINE WITH FRESH ŒFQÔ AND ÐËPØ SAUCE.
“THE RESEARCH COMES IN THE FORM OF A CHART,WHICH I CANNOT REPRODUCE HERE. THE CHART IS AVAILABLE TO iTULIP SUBSCRIBERS.”
LOL – as if none of you fuckers are able to put this damn chart up on screencast or something. Smells like horse piss to me.
HOWEVER, I must concede that the thought had occurred to me on Friday – wouldn’t put it past those bitches to do that. The ECB, the Swiss Bank, and the Feds are corroborating to prop up the Dollar – too many Dollar based assets are being held by the Europeans.
Jake – you are being a dick lately. Less funny and more dicky. Just saying.
Frankly, the overall tone of the site is in the shitter. It used to be funny and insightful with notes of oak and pepper.
Now its just sort of acerbic and boorish, save Boca.
Buster:
Shut up.
I am an expert in YOUR behavior by now, after witnessing your melt downs and melt ups.
I can tell you, with all seriousness, I have been funnier than a lunatic on laughing gas, inside a tickle factory.
And, aside from Scum Bucket, everyone has been cordial and in good spirits.
As a point in fact, you are just going through one of your insane periods, mainly due to the fluctuations of BOOM or the stubbornness of ETFC not filing chapter 11.
In short, you are as fun as a wet towel, minus the occasional teenage basketball story.
boomer – you bring nothing to the table, so fuck you.
Boomer, you’ve always been a real douchebag.
No offense to boomer, but that was hilarious, Fly.
Jake was just joking Boomer, his humor always has a lot of sarcastic teasing, so not to worry. Thank you for the compliment although my honest opinion is that there are many fine people here in our Fly-munity, whom I appreciate for their unique qualities and stimulating conversations. Our variety gives us spice, it’s a positive thing.
For me I appreciate Boomer’s general personal values and faith, even though we couldn’t be more different about trading stocks. jmho.
Always remember Boom’s “God-Smack” when he violated his lenten promise.
Yes but Fly remember that 99.5 percent of humans do not have your strength of will. A truly great person can be kind to those of lesser ability.
Boca:
Now you’re just making stuff up.
That’s like me saying Woddshedder is right 24.8% of the time.
First off, I was merely ribbing Jake, whom I like very much (for a guy I don’t know at all).
Furthermore, the last few posts in this thread actually prove my point on the tone of the site.
Danny – go make a chart and hit the bid on 10 shares of something. You have become self affected. What table are you talking about? How fucking much money are you moving, like $7,500?! Geez.
Talk about tone. Geez, that was uncalled for.
It’s the weekend. This is when I post meaningless stuff and talk trash.
You don’t like it? LEAVE
This site is for closers only.
It was just a figure of speech not a scientific study LOL.
BTW — I thought that “Commander Zegrop” thing was fucking hilarity. Maybe it’s because I watched Jimmy Neutron w. the kids this afternoon, I dunno. (Aside: if you have not seen Jimmy Neutron, you owe it to yourself to check it out.)
I thought “Commander Z” was Boomer responding to me, but then he had a pissy comment right after, so now I’m not so sure.
B — for future reference, the snappy rejoinders (a la “Commander Zegrop” — God I wish I know how to do the hilarious letter w. squiggles, btw) are much more entertaining than the disgruntled whining.
They keep the rhythm tight, as well.
__
Oh brother! I get slapped around, offer a retort in self defense and now told to leave? Nice.
Costanza indeed!
Nah, you can stay.
BUT, if you start saying: “this ain’t the real Fly. The real Fly would never do that. Trust me i know.” Then you can leave.
“Danny – go make a chart and hit the bid on 10 shares of something. You have become self affected. What table are you talking about? How fucking much money are you moving, like $7,500?! Geez.”
I’m talking about our table at iBC, the one you contribute nothing to.
My account is six figures–irrelevant.
“Frankly, the overall tone of the site is in the shitter. It used to be funny and insightful with notes of oak and pepper.
Now its just sort of acerbic and boorish, save Boca.”
In one jerk-off sentence you toss aside the hours of hard work I and others spend daily to make this site good for you.
Thus I arrive at my original statement.