Hey kids. Along with some free government candy corns, how about buying some bank stocks? We can take your 401k’s if you don’t listen or cause you to be paralyzed from the neck down. Play nice and buy some banks, or we will kill you.
Hank Paulson, U.S. Bailout Chief, Goldman Sachs
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Via PPT: Top rated ETF’s today:
No. Ticker Acc/Dist Price Perf. Rel. Strength Volatility Volume Final Score
1 AAXJ 5 2 5 5 4
2 DEE 2 5 5 5 3 3.85
3 DTO 2 5 5 5 3 3.85
4 BBH 5 4 3 1 2 3.45
5 DZZ 3 4 5 1 2 3.45
6 AGA 1 5 4 3 4 3.45
7 FAN 5 1 5 4 3.4
8 PJP 5 1 3 1 5 3.3
9 DRR 1 4 4 2 4 3.15
10 IWW 5 1 2 3 5 3.15
He already gave the banks 700 billion to make loans to the USA retarded citizenry … however those banks are using taxpayer money to pay out exec bonuses & buy other insolvent banks , like NCC
What a great country!
What the fuck is up with these life insurance co’s PL ???
I am already bored with this rally.
Fly, can I make the PPT do that, when I hypothetically get a chance to eff around with it?
_______
Those PPT rankings seem to change quickly, making me suspect that you are reporting the technicals score. Yes?
Meatballs make a nice treat for the kiddies tonight.
This is the Raptor speaking:
I’ve had a great week, as you know. Long stocks, short fx vols. I will be cutting exposure ahead of the weekend. I recommend you do the same.
Have a pleasant evening.
PS: it really is spelled Europa.
I like BBH. It has some decent volume and is a good way diversify any portfolio. I am waiting for a good fill in down to the 20 day to buy though.
Paulson sent us an email this morning threatening to cancel my husband’s retirement permanently if we didn’t buy HIG and chunks of other insurance companies for good measure. He can’t afford any more freakin’ bailouts.
What you got?
Candy corn makes me puke, and so does my government.
Yo Fly,
You should put a feature so that people can post pictures or charts on the comments section…
Happy Halloween, all… for the bulls that is.
Devil Dog on Oct 28:
SHORT more RTH @69.98. This is too good to be true.
SHORT more RTH @ 69.975555555….because I can.
Gonna SHORT 1000 RTH @ 71. Just legging in. Now 220% SHORT.
Got RTH @ 71. Thanks. BTW, I don’t need to watch my screen and sweat bullets.
SHORTING 2000 RTH @ 72.48.
As I post this, RTH is at $77.34
Charlie checked himself out of rehab faster than Amy Winehouse.
GD GS.
I duped this costume for Halloween, going as ROBOTRADER™
http://www.flickr.com/photos/kenyee/285798802/
Sorry. Here it is.
What’s wrong with this picture?
CSCO,MSFT,DELL,AAPL, INTC are down and yet NAZ is up 1%.
You can’t fool me Uncle Ben.
Candy corn is very useful in producing high grade ethanol, due to egregious sugar content, I suggest you go long candy corn. Give those little fuckers regular cow corn, it is better for their teeth.
The next group to go bonkers is the shippers. 20 straight days of Baltic Index declines and they have not gone down anymore. First 2 days in a row up and these run 50%. IMHO of couse.
This guy has got it spot on IMHO:
A different ballgame
I’m starting to hear talk in the media that the recession is probably nearing an end. If this was a normal recession I might tend to agree as most recessions only last 9 months to a year. I know this is going to be used as the excuse for why the market is going to rally.
I also know a great many investors are positioning for a 70’s style stagflation or hyper inflation based on the incredible amounts of paper currency being printed by the central banks of the world. I suspect most of these investors are expecting a return to that kind of investing climate. I was expecting that myself until recently.
I don’t think we are moving towards that kind of scenario anymore, at least not for a while. I think what we are seeing unfold is something none of us has ever seen before. A whole differnet ballgame. Consequently I doubt that very few investors are going to be prepared to survive what’s coming much less make money.
I’ll start off by saying that I don’t think this is a “normal” recession. Definitely not a mild recession like Abbey Joseph Cohen and many in the media want us to believe. No this is something much more dangerous. What we are heading into is a massive purging of all the excess debt built up over many years.
For all practical purposes our economy for the last few years has been built on a foundation of debt instead of real productivity. What does it say to you that 70% of GDP is consumer spending? A good portion of that spending was coming from inflating housing prices or credit cards.
As this debt bubble implodes the powers that be, who also have never seen this before, are taking the exact wrong course of action to try and “fix” the problem. I’ve got news for them, there is no way to fix this. It certainly can’t be fixed by continuing to add more debt. Unfortunately that’s exactly what is happening. Every week we get another billion dollar bailout. All of these bailouts are only adding more and more debt that will need to be either repaid or defaulted on. I’m pretty confident the ultimate path for a big part will be default.
So the more the governments of the world try to use the remedy that worked for the last 30 years the bigger the problem actually gets. It’s exactly because we did go down the debt expansion road for so many years that we are in the mess we’re in.
This is why on average the world experiences a depression every 70 years. The new generation never experienced the ravages of an imploding debt bubble so we take the good times as a sign of never ending happiness. Believe me an expanding debt bubble can be very pleasurable. I can say that quite a few people have been living high on the hog for a long time based purely on nothing more than ever larger debt. Unfortunately I’m afraid that almost no one foresaw the ultimate outcome of this false prosperity.
That outcome isn’t going to be pretty and it certainly doesn’t lead to a “typical” or even mild recession. What it does lead to are hard times the like of which probably none of us have ever experienced.
So when I hear the talking heads on CNBC calling for a mild recession and the end of the bear market I have serious doubts. Very serious doubts!
Posted by Gary Savage at 7:44 AM
—————————————-
Fuck these assholes that charged up their $150,000 shitboxes to $650,000 and now want a bailout. Give them a bailout but make sure they do 25-life first, fuckheads.
DevilDog made the poor decision to lever up his shorts after a 40% decline, but the important this is his manhood will still be attached.
CAP will “manhoodless” after enjoying a cockwich on rye for dinner tonight.
back in the day-early 60’s-people handed out on halloween cupcakes and a slice of cake (not wrapped)pennies also given-i in latter years would attribute this to excessive drinking around franklin ct.
You don’t like players,
That’s what you say-a,
But you really wouldn’t mind a millionaire.
Fuck Me Dylan
Don’t worry, Cap, it’s all in the presentation.
________
I heard The Fly was handing out carbon credits and old Madonna CD’s to the trick or tr-eaters.
Stop bothering CAP; he can’t talk with his mouth full.
Hmmmm SPX 978 …. uptrend confirmation at 990!
Was expecting Fly to go as Michael Phelps for Halloween:
Upside: 8 gold metals
Downside: Shrinkage of the Balzak in that Speedo from cold Halloween night
Sold 2K CBS 10.05 stop from 9.05 buy this AM.
Not expected. But, volume is high. TWX rumor merge is out there. Nonsense. Synergies negative. Not happening.
I miss him alittle. Did he die or something?