That was sweet. The great panic of 2008 is over. Nothing to see here people. Carry on and get in line for your government bailout.
You do know the bailout haters will point to today’s insane stock market rally as further evidence against the need for urgent government assistance in the credit markets, right? The tax payer, who happens to be the Wall Street “fat cats” and successful business men, does not need no stinkin’ bailout.
As for me:
I was flat for the day, with losses in [[SRS]] and gains in a variety of old legacy longs, like Research In Motion Limited (USA) [[RIMM]] .
Looking back, I guess it was stoopid [sic] of me to sell in the midst of sheer panic. However, I get rattled quickly when markets swan dive. I am a big believer in the end of the world.
But, I refuse to sell my 15,000 Wachovia Corporation [[WB]] , despite the fact that they will not be able to keep a balanced book. They need to reduce debt. My guess, Morgan Stanley [[MS]] , or some other asshole, will eat the rest of Bob Steel’s bullshit funhouse. From what I hear, some very astute investors on the yahoo message boards feel WB is worth $15!!!
Yummy.
In closing, I am burnt out. I need to indulge in some sort of meaningless exercise in futility. Knowing that my faculties are temporarily offline, I have decided to stay away from the market.
Sometime soon I will snap out of my stupor and commence rolling on you fat fuckers, as if my name was “Fat Fucker Killer.”
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i cant win
first comment
>>In closing, I am burnt out. I need to indulge in some sort of meaningless exercise in futility. Knowing that my faculties are temporarily offline, I have decided to stay away from the market.<<
been there, 1972 1980 1987 1991 2001.
i know, i know, i’m older than dirt.
Look @ the crazy GOOG prints into the close.
That was fun. Whats the old saying “When the Jews are away, the Asshat bulls will play”?
Good times. Off to buy 50k worth of scratch off lottery tickets.
Fly,
Get on the crossfit website, http://www.crossfit.com, and commit yourself to doing the workout of the day (WOD), faithfully.
You will improve your health, feel better about yourself, or die trying.
Careful. That shit is addictive.
Fly,
Hang in there and get well soon.
http://shetypes.files.wordpress.com/2007/12/brown_cat_pull_ups.jpg
>>You do know the bailout haters will point to today’s insane stock market rally as further evidence against the need for urgent government assistance in the credit markets, right?<<
No, but the $630B the Fed pumped in sure proves that liquidity was not the problem. What’s the global money injection like from central banks now, $1.5T?
I’m not against the gov helping the system, but you never get something for nothing, and the form this bill took, “we need it now or the world will end” followed by “and it won’t really cost you anything, we’ll make it back easy” just rings hollow. Is a bill/bailout/handout a good idea? Perhaps, but not the one that got shot down.
The Jews will be back to fix up today’s anomaly soon enough.
Anyone know who is selling Google? Nearly 60,000 shares traded hands at 341.43 after hours. Someone blow up their hedge fund?
What do you really think a $700 billion package will do? Do you honestly believe that is enough money and do you think it will be utilized appropriately.
I guess I don’t have the faith in my representatives to put together an effective plan and feel that this will just be waisted money.
I am sincere in my questions.
qtr end markup anyone?
Anybody figure out yet what exactly was going on with GOOG at the close? I read somewhere that people were getting buy orders filled @ $90???
Highest fill on Google was 489.
Another 1,400 shares just traded at 341.43
I got a fill at 300. Sold at 405 a few minutes ago.
Topper- You da man. Quick close out your account.
I’m sorry, the number you have dialed is no longer in service.
Nasdaq Investigating Last-Minute Sell Off In Google Shares
Wish I had enough cash balance to buy 1000 shares. Ended up trading 100 shares for a $10K profit.
Well played.
BTW, Sergey Brin is sending some guys over from Brighton Beach to “congratulate” you.
Just like for most of their services, GOOG is giving away all their shares for free.
They just all have advertisements attached to them. And they collect all your private data.
Fly,
Please snap the fuck out of it!!! Stop bitching and whining. Get a hold of yourself and get back on the horse. You are being pathetic…and it is more than I can bare.
NFZ
$10K is a good retainer amount for an attorney. You should sue NASDAQ (or whomever) for breach of contract. I am sure Fly would be willing to be a character witness. On second thought… (he would swear too much on the stand).
NoFlyZone is applying tough love to Fly.
Screw all this congressional bullshit. I’m now pushing for a deal like Warren got. I, er….we, give banks $700 billion, and the govt and taxpayers get preferred stock and warrants in exchange.
My commission is 10% of any brokered deals.
And you guys thought I was an asshat.
I bank coin, dipshits. I win, again.
All i wanna do is run a trillion dollar hedge fund..is that too much too much to ask? i ran goldman for crissake
Since it is after hours, I’m sharing random internet crap:
Worst breakfast in America
Bob Evans Stacked and Stuffed Caramel Banana Pecan Hotcakes
# 1,543 calories
# 77 g fat (26 g saturated; 9 g trans)
# 2,259 mg sodium
# 198 g carbs
# 109 g sugars
Saturated fat equivalent: 26 strips of bacon
Sugar equivalent: 12 chocolate chip cookies
Sodium equivalent: 12 small bags of potato chips
It’s not a good sign when it takes you nearly five seconds to spit out the name of your breakfast. This bad boy packs in more than 75 percent of your calories for the day, along with more sugar and fat than nine glazed Dunkin’ Donuts, and nearly as much sodium as five Bloody Marys.
Fucker stole my moniker. You’ll pay with your bullshit savings account, clown licker.
“moniker”?
Join the 21st century, Hank. It’s now referred to as an “alias”.
Go back to what you do best: fucking up the economy and manipulating GOOG share prices via ‘Nasdaq reporting errors’.
So the time has come.
With redemptions on the way, I will take it upon myself to hold up the market. This one’s for you, my bro’s and ho’s.
Bennet Sedacca
03:38:12 PM
No positions in stocks mentioned.
This may sound like whining……but….
And around my house, we usually charge $5 for whining. Standing rule.
But how is that when I have losses, like today, from these bizarre movements in markets, I have to mark to market.
Supposedly, the SEC and FASB are considering a change to FASB 157.
This way these guys get to short stocks I can’t short, get to hedge themselves and then irresponsibly buy bonds and not have to mark em down.
Yeah, what a country.
Just tell me where to send my 5 bucks.
This is sickening. And desperate.
Cowboy up, Fly. Your doubting of true Republican ideals has fucked your head these past two days or so, making it easy for commie liberals to mind-fuck you. Snap out of it.
This shit ain’t for milquetoast men. Stand in front of a mirror and scream “We don’t need no fucking bailout plan, mother fuckers!” over and over until you mean it. We didn’t storm the beaches of Normandy with any kind of fucking socialist bailout plan. Beat your chest and scream and then practice jiu-jitsu moves on Paulson – make that fucker your socialist quivering bitch while you smoke a fat one. Then look in the mirror while you’re holding his bloody kidneys up and scream “alright mother fuckers, time to make it all back and then some!”
Funny, my local WaMu ATM still dispenses bills to me – even though I’m a Wells Fargo customer.
GOOG Today 05:14pm
Google Inc Nasdaq to cancel all trades in the shares of Google above $425.29 and below $400.52 between 3:57 PM and 4:02 PM
topper,
The GOOG trades below 400 were busted. If you bought and sold thinking you owned the 100 shares then you are now effectively short 100 shares.
Topper, that blows. They seem to be inventing new ways to rip off traders. Condolences.
Conservative hardliners set the market up for a fall tommorow with this low volume bullshit bounce so they can blame the jews for the crash tommorow
Anton: didn’t the guy who sold the shares to Topper get ripped off first?
If it truly was a computer glitch, I think voiding the transactions is the right course of action.
No bitch is gonna lay hands on my kidneys. I’ll ninjitsu his ass. Whoaaaaa!
Sometime soon I will snap out of my stupor and commence rolling on you fat fuckers, as if my name was “Fat Fucker Killer.”
_______________
Or “Bull Connor” Fly.
___
I saw the term used above, so I decided to google it.
It came out thusly: “waisted money”
__
Cramer is a douche
The worlds problems seem to be solved.
I think the Fly is absolutely right! Who wants to join us and invest in Real Estate?
The Fly is God.
Jake-
What are you doing with EEV? I got killed in it today. Europe has some news coming out tomorrow (1030am) and Thursday (rate cut meeting dec. ).
Fuuuck
What is your stop?
The bounce was bound to happen, the market will go much lower without a bailout. Main street will have to suck balls if there’s no bailout. But how much borrowing from future credit are we going to do? It’s just going to happen again. Liquidity drys up, why? People are hoarding cash, that’s why. The system is set up so that there’s inflation and devaluation of currency, along with the build up of credit which will eventually have to come crashing down, and everything goes to the bank, and then when that’s done, the deflationary spin causes banks to be in trouble, and the federal reserve can own all.
The flow of money is SLOOOWW… bailing out toxic banks and mortgages so people can borrow again just will give builders incentive to build more bullshit houses that aren’t needed, and people will start buying more houses than they need, and people will think that everythings so great that so many people have a house, until they realize we can’t produce enough to keep up with the credit. Then there will just be more toxic loans and the money will once again get clogged up in the same places. People need to fail so the economy can run effeciantly.
Lover Man.
I have no “stop.”
Quit your worrying. EEV is emerging markets, not Europe.
____
and it’s not even so much people are hoarding cash as it is that all the bullshit wealth is just an electronic number that cannot be paid. More bullshit numbers representing dollars in the US economy than there actually exists of dollars in the US.
It’s going to happen when the fed loans out money and expects more money back than exists, and the banks give loans when more is needed than exists. Everything compounds, until they can’t even print money fast enough to keep up.
You go hater – solid gold.
Also, puts on EEM.
No need to worry about Son of Bailout. Bush is on the case.
dot com era=roaring 20s.
If Son of Bailout doesn’t make it, expect some convoluted, inarticulate face time pre-market every day until you can’t take it anymore.
Here is a link to Mark Cuban’s blog where he wants a pretty high tax on stock transactions. Scroll down to the comment of 6:14PM. I guess I showed him what’s what.
http://blogmaverick.com/2008/09/30/how-to-tax-wall-street-give-it-to-main-street/#comment-50640
I’m sure he is scared now.
If Son of Bailout doesn’t make it, expect some convoluted, inarticulate face time pre-market every day until you can’t take it anymore.
LOL! Capitulation!
___
TC — no 6:14 comment.
Fook that asshat. We should’ve taxed his Yahoo! share trades when he got off that boat in the late 90’s.
Fuckin’ rich (liberal) guys, “I got mine, so fook you.”
___
Per Reuters and Sen Judd Gregg: Senate to vote TOMORROW NIGHT on bailout bill with FDIC limit increases by attaching it to AMT tax bill. Will pass with 80+ votes …LOL…who knew this 12 hours ago?
It’s listed as Sept. 30, 2008-6:14PM.
I would rather see a special 10% tax on all NBA players salaries and an excise tax of about 25% on the gross revenue of all NBA owners.
Comment by TC — September 30, 2008 @ 6:14 pm
DPeezy,
re goog – Was checking in while on a conference call. Saw a post about a ton of shares dumped on the market at the close and figured, as Dogwood suggested, somebody’s fund imploded. If it was a computer glitch, the remedy is obvious: Bill Gates should pay.
Fly !!!
I feel your pain !!!
I thought you were REALLY smart. I read you because you were on my wavelength. Then, last week you pusseyied (Steve Jobs’ has no answer to “pussied out”) looser…..
TC …. he must have deleted it …. another dictator like The Fly, Odd no?
Thunderpup A+
http://www.youwalkaway.com
Fly, breaks are necessary for geniuses.
Enjoy!
@ Bill “Slick Willy” Clinton:
We’re “compassionate conservatives” here.
We feel your pain. We just have a high tolerance for that kind of shit.
:LOL: