This just about sums up Paulson’s interaction with those who sell short bank stocks. Further commentary on this matter is no longer needed.
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Joined Nov 10, 2007
23,426 Blog Posts
Anyone else see McCain on bloomberg say “egeriously”
crap, I can’t edit “egregiously”
I just heard his socialist flip flop crap and turned it off.
McCaim reads iBC. I think his handle is “Zombie.”
Lex Luthor could learn a thing or two from the Joker, that’s for sure.
FITB and LM are still shortable for those who don’t think Congress will act with their usual knife edge efficiency.
Follow me down!!
Fly,
I see your traffic is off the charts.
Congratulations, sir. It is deserved attention you are receiving.
-DT
McCaim in NOT Zombie .. his handle is Drillman
Something crossed my mind over lunch:
In China, you can’t short stocks…yet their stock market is down 60%+ YTD…
Does anybody think we are setting up ourselves for a crash, since we are severely mispricing securities?
Fly – how many percents are you up today?
up 13.8% so far.
Yeah, we crash Mike … this market will be known worldwide as The Crash Test Dummy Market.
They have just assured us of a crash with this treating the symptom, not the cause.
Whoaa Nellie !
Noice!
Impressive
Dollar is getting whacked, I think commodities looks good as a hedge against financial longs.
YES or NO: We rally end of day?
Fly, whenever you retire, I’m curious to see the size of your account.
Its possible to make guesses based on the volume of your purchases, but I want to know
FCX looking good.
Fly has an account in the region of $50 million. Its not all his. He has clients.
To whom it may concern:
In what you might call “the universe you inhabited yesterday until approximately 2030 UTC”, trading is halted with the Dow at 7245, and former Federal employees Hank and Ben have been escorted to HR for exit interviews.
Our bad.
Oil breached 106?
I’m lucky to be up today … I was short a small amount of ZION .. at one point it was up 85 pts!
CNBC Question:
What is appropriate acronym for bailout plan?
Juice,
I’m still short ZION. My ass hurts literally. That $131 print was ridiculous. Good thing I didn’t see that print till later or I’d have dropped dead. But its a small position so I’m not worried.
FCX is riding dirty.
http://bigpicture.typepad.com/comments/2008/09/industrials-big.html#comments
Industrials: Biggest 2 day rally since 1929
When I woke up this morning I was worried Paulson was gonna give me a reach around.
Mish has a great title –
“US Taxpayer: A Giant Dumpster For Illiquid Assets”
http://globaleconomicanalysis.blogspot.com/2008/09/us-taxpayer-giant-dumpster-for-illiquid.html
Mish has a great title – “US Taxpayer: A Giant Dumpster For Illiquid Assets”
markets are getting weak. Where is the PPT ? Hank ? Ben ? Hello ? Anybody ?
SKF to $200!!!
Ruh RoH!
Did VMC print $100 today?
Sen. McCain has a great plan for bolstering our economy, which he will only reveal if he is elected. Also,he has found the cure for cancer, lumbago, the common cold, and promises that every one will live to be 183 yrs. old. (17 years older than he is). Once again, he will not divulge this information until you elect him Supreme Commander of the Known Universe.
Here we go with hyper inflation via printing presses turned on full speed ahead.. Been a while but back in to aigs,oil,and weak dollar play. def sold last of uyg.
Watch the Government “FAILout” in action now–new intraday low on Dow.
At least they did something, gotta give ’em that.
Zoikes!!!
PPT will be out with some late day buying because if the close is ugly, Monday could be a disaster.
The gov’t has blown it’s wad, and if the market still goes down it could get very bad very fast. They won’t let that happen.
I’m a believer in gravity though, so I’m happy with my SKF.
Karma buttons?
While watching the Ryder Cup I believe that I saw Jake being escorted off the course by security. I believe it was him because the guy was yelling somthing about how he and a Fly were going to get Paulson and Cox.