Joined Nov 10, 2007
23,465 Blog Posts
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SHOMP
SHOMP SHOMP
OK. Finally I got a taste of my own medicine.
cut my GMCR too early h/t MDA !!!
nice play
and Fly … its easy to speed chop carrots when your nads are made of steel !!!
your play this month was epic .. cheers
It ain’t the hands that pose the problem
There’s always a bull market somewhere.
I keep forgetting to query Fly, does Quebec City demand royalties for your SAM image usage?
Notes on last week
Bernanke speech – Basically said monetary policy can only do so much, now up to policymakers.
Fed did what they could, leave me alone. And no QE
GDP revision – Q2 revised down to 1%. Next probably under 1.
Q1 of course ended at .4 after the original 1.9
Europe short ban – Have kept it quiet but France, Germany, and others are under a short selling ban.
Extended another 15 days. Shorters of course potential buyers
Japan downgrade – Japanese debt downgraded again from aa2 to aa3. 3rd largest economy.
Next day head of Japan steps down
Steve Jobs – Resigned from Apple. The 2nd largest market cap company loses its lead designer.
Possible end of era
Hurricane damage – Weeks after US debt is downgraded, major natural disaster requires government
funding. Debt load worsens and worsens
Buffett deal – Makes deal with Bank of America. A week earlier CEO said didn’t need capital.
Deal was in favor of Buffett so much that only shows desperation of BAC
Bank of America – And the spreads on BAC are now nearing and near levels seen on Lehman
before it collapsed
Bears hold steady
yea but i stayed at a holiday inn express last night, were good,,
today,i was in the garage,tyding up my summers work around the house,in one of my milk crates that i use for kindlin and paper to light my charcoal i came across the barrons for oct 6 2008. so i sat on an empty five gallon of usg’s premix for plaster an reread allan abelsons collumn from that week on page six and then flipped around and came to page 16……….fuckin idiots find it, and read it,and then sit back and digest it…………. 2000 fuckin 8
RE BAC CDS’s.
They are certainly elevated but nothing like they were and have normalized since Buffet bought in.
I raised about 10% cash today, I hope I’m not too early.
Here is the resume of Obama’s new appointee (Alan Kreuger) as his top economic advisor. Check this guy out, especially the title of his articles.
He is supposed to help create jobs?
Just another academic/political putz who never even ran a lemonade stand.
http://www.krueger.princeton.edu/Krueger72111.pdf
Fly — is there a post here? All i see is the title. Or is that supposed to say it all?
I am using chrome, fyi.
ok the video is now showing up…guess you changed something
I don’t see anything either, we are blinded by the bear shit …
I see dead people.
Fun trivia:
The original line was ” I SMELL dead people”, but M Night Shamalamadingdong could not make it work.
Fortinately, Stevie Wonder visited the set that day – and the rest is golden Tinseltown history….
Liked the old site better .. The dark background is hard on the eyes
The new look is classy. I like it.
What a day!
Bears — you’re awful quiet here..
Hold on, just a little longer……hehe
Where’s Alf at? Shut his beak real quick
I posted my positions in the last blog, jackass !!!
Try to keep up !!!
I’m GOLDEN !!!
.
Here is what you posted on Friday after 4pm…
Holding my SHORTS into the weekend !
Am slightly “hedged” on the LONG side but …
leaning waaay to the SHORT side !
Very much NET SHORT ! fwiw
The only GOLDEN you are is from the golden shower the market is giving you! How does that 3% rally feel to being net short?
Thankyou for your concern … but, I can assure you …
I’m just fine fuckface !!!
.
Fly
You need to smack your webmaster on top of his/her head with your cane and tell her to bring their A game.
This site comes to a crawl when you try to read comments.
Great layout and the thumbs are great too. It’s too slow tho.
you weren’t blinded by bear shit, it was that music video which is pure unadulterated shit
Keep playing the game. The house always wins.
Jesse “I’m saving a bullet for myself” Livermore
Suddenly none of the problems of the past month matter anymore. The beauty of the Bernanke put. This market can only go up.