Futures are a lagging indicator.
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Joined Nov 10, 2007
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LOL
Bernanke just replaced Santa with a Bear Killing Robo Santa.
Chuck Prince is a douche
Dipshits are a lagging indicator.
Wow… flaming bears.
-DT
Have fun with your fucking shorts. Scared pussies.
Holy shit, bears are dead.
The sell stops have now been cleared.
Today’s game will be to go after the buy stops @ 1500.
I am getting an early start on my ’08 bonus.
Foaming at the mouth Bear-shitters are the worst of the lagging indications.
Don’t look now but Santa has just been spotted.
bernanke loves santa and hates bears. lmao. they appear to be very serious. global coordination. no matter how bad things may be, cannot fight them in the short term. they win short term and maybe even long term. santa is back.
Many balls will be lit a’flame
Thank Ben for this schizophrenic market.
Bears knee capped by Bernanke Claus
Ben will get his bonus check this year from GS. Bear markets have now been made illegal.
I am just pissed because I bought XLF at 3:59 yesterday PM for 30.26 and sold it this morning at 8:52 for 30.55. It is now @ 31.40 or so.
It’s only fair that the bears get knee-capped by Bernanke Claus today. He tried to kill all the bulls yesterday. The ones who survived now get to feast. BUYBUYBUY!!!
please refer to my late yesterday post… ” last chance to buy stocks this year”
Ber-cranky can only “assuage” so much.
Enjoy your dead cat, poltroons.
Re-loading on the unwarranted Christmas Joy.
Does this action remind anyone of a chicken with its head cut off?
Whatever you do, don’t stop to think about why the central bankers are in such a panic.
The Fed is not going to let this market go down, if that isn’t clear to anyone by now, you should check out the vanguard series of mutual funds.
Shedder,
Don’t try to redirect the conversation – leading, lagging – fuck that. The real conversation is whether we get a bullish engulfing today. We do, you are back to flipping burgers my bearish friend.
Alvari, I didn’t redirect anything. You stated employment was leading indicator. I simply asked if that was true.
I will focus on the technicals and leave the fundies to others.
Absolutely, if the indexes can print a bullish candle today, then that would be bullish. I don’t think they will, but as I’ve stated numerous times, I’m not aggressively trading either direction, so it doesn’t have anything to do with my account, or flipping burgers.
Unfortunately, for a while, I have to “watch” the action via Yahoo 20 min delayed quotes. Sucks.
shedder,
I know – I was redirecting the conversation. I may have been mistaken about that leading-lagging comment (I admit it). However, the more important technical question is whether we get the bullish engulfing. From a technical standpoint, I will be piling in for the short term if we do. As for burgers, have you ever had a Kobe Beef Burger? Nice!
Quick Alert:
Bernanke has successfully de-nutted both the bears and the bulls in two days. Expect a sharp decline in the population, since we’ve all been castrated.
These days I would rather flip hamburgers than be a daytrader. Less stress and free food plus a 401K.
Steve, the Fed isn’t trying to keep the market up.
The problem they are addressing is that banks, who know what kind of crap they have in their loan portfolios, are especially reluctant to lend to other banks out of fear that the other banks might have equally crappy portfolios.
The banker action solves the problem if the assets underlying the loans stop going down in value. If they keep going down, the banks will continue to need to hang on to their capital.
In the case of real estate and the securities based on mortgages, the value is going to keep going down.
The bankers are trying to buy time, but they are chasing a moving target.
The Fed loves buy and hold investors and hates traders.
@TraderCaddy: And the pay is better too.
Nice one, pud
Gee, thanks ottnott.
You got that right Propsectus.
In other news, the Fly once again threw in the towel only to watch the markets rip higher.
Long live The Fly bottom.
fly.. i love your website.. but you did nail the bottom once again..
Those stupid double blue underlines makes reading this blog like listening to a commercial AM radio station.
I’d gladly double my subscription payments to get rid of that crap.
Maybe I can have fun with them.
Click on the link if you are an idiot investor.
You guys just don’t fucking get it.
Bernanke is a tool. I will use him to wipe you all out. period.
Yeah, another “V” bottom, twice in two weeks.
Man you guys are a hoot.
Meanwhile, here in Grinchland, AKAM decides it won’t particpate in the dead cat and instead begins “the dead cat decomposition.”
IOW, “Jake wins!”
(Again)
I see. Nobody wants to advertise to an idiot investor, but idiot investors get the blue lines.
Fly, do you get paid every time there’s a double blue line, or does someone have to click?
Thank Ben again for waving the French flag and telling the world we’re in financial trouble in a creative way.
love making more money
About the blue lines: Firefox + NoScript = happy internet retard
steve: on the internet, everyone thinks the other posters are idiotic dogs. Nothing personal.
Ottnot, click a bunch of times on all the blue lines, and then Fly will let you know. Then click more and more.
I think each key word only gets underlined once per page.
Anyone paying for options lawyer bankruptcy refinance zero down ?
Here’s a question- if the market gaps and craps today, will the bulls give up?
No sweat, ottnot. My post was shallow and generic anyways.
Wood: already doing that. I read every link and every ad on every page. That’s how the Mother Ship delivers secret messages to me.
ottnot –
I win
About time to re-short.
Sergey:
You are doing evil in China
wood,
the mkt had ran up 1000+ points in anticipation that the fed would do the right thing. it got very overbought in that process. if this announcement would have taken place yesterday, its possible that the mkt would have sold off. sell the news type of thing, just backing and filling. i actually hope we rest for 2 or 3 days before trying again.
Its funny how with only 30 minutes of trading action completed for the day, everyone already knows how it will turn out.
Pud –
Funny.
Ottnot-
I bought Tiananmen square
fuck you shorts, you’re dead.
Chivas, I agree completely. The run-up was an over-reaction to a previous over-reaction, and the sell-off yesterday was an over-reaction to these over-reactions.
What does it all mean?
Much fear, uncertainty, doubt, and volatility.
Again, life does not go easily into the good night, and neither will the markets.
Yes, Chivas, that panic dump yesterday was just normal “backing and filling.”
Pay no attention to the “fill” which is worthless mortgage paper.
Have a look at AKAM Newq, and tell me how dead I am.
(Hint: not as dead as AKAM money)
wood, agree 100%. sounds like you’re describing a wall of worry.
Anyone notice that BKX is not confirming this rally?
Chivas, yes, but the wall of worry is typically bullish. I still hold to my thesis that the wall of worry will eventually overwhelm even the most stout of bulls.
One hour of green trading doesn not a market make…this little fed curve ball in nothing, yes nothing…ripping the tape from stem to stern is neither tranparent nor a confidence builder…not taking the bate here…bite me Ben, you slick dick prick.
this is not a market for being 200% long or short … Kass is right, smaller positions both ways … stay liquid & take advantage of the swings
but yesterday put another nail in the bulls coffin
Why do you base your whole outlook on the fact that AKAM is down? Who cares?
Its quiet out there….
too quiet
AKAM is the new tell
well, maybe not but I’m with Jake on this one
Santa’s “FED Chairman disguise” is pretty good.
I just hope he finds the time to deliver the toys too.
-DT
Ken Heebner rules
I bought PBR when he was on bubble-vision yesterday
up a quick 7
bow down to greatness retards of the internets
Cigars,
I don’t base it there at all. But it was one of my five shorts. The other four were the cubes, RIMM, GES and JPM.
I do think tech is going to take a harder hit here, as it has held up best thus far.
For the same reasons I’m short JPM, and perhaps GS soon.
Keebler Elves rule harder.
Bruce…. you bought a twelve pack of Pabst Blue Ribbon?
Maybe you should change your screen name to “Frank?”
_________________
Dino, Bernake is reminding me of that one Christmas special where Santa is too thin a month before Christmas, and Tanta Claus is force feeding him “Eat, Papa, EAT!!”
Hmmm… seems the “coordinated efforts” of all the Central Banks is allowing institutions to sell the news this morning…
This morning I bought FXP for the first time this year.
Listening to Bernanke yesterday, I realized that he is too much of an academic. I am sure that being a world-renown economist (I used his textbook in school for introductory Macro), his understanding of technical indicators is better than most. Unfortunately, he is a sub-par politician and is therefore too stubborn to give appearances and perception the proper place in his decisions.
As a result, he will reinforce the pessimism about our economy by driving the markets lower. And recessions, to some degree, tend to be self-fulfilling prophecies. Out of all the economies we’ll drag down with us, China is likely to fall the hardest.
Stay liquid for the holidays!
The best advice I’ve heard so far on this board.
no Jake, bought some fancy beers the other day .. 50% off inventory clearance at the local farmers market … going back for more winter inventory today … snow’s a coming
short AKAM & its paying for fancy beers
Companies like SCA, ABK and MBI are not looking good.
Jake,
That would be Burl Ives’ “Rudolph The Red Nosed Reindeer.” As a father of a 3 year old (3rd birthday today) I am becoming an expert on the Christmas specials.
Meanwhile, watch “Rudolph” now and a lot of it comes off as pretty creepy. They’re downright mean to Rudolph…
-DT
DT– Early sixties, before the Me generation turned the world into a bunch of softies.
I’ve got four kids… I think I’ve got them all memorized now…
My favorite is “Year Without a Santa Claus.”
Appropos, no?
GRMN is a short
They are way mean to Rudolph! Poor freak.
Also, the Charlie Brown special is nearly depressing. The guy needs meds. It is cool, however, to see how they celebrate the birth of Christ during that cartoon. You don.t see that today.
I like the one with the gay elf dentist too. Reminds me of Woodshedder.
Elf is a good recent Christmas movie.
Word on the street is WaMu headed to zero.
I pick Schindler’s List and Pulp Fiction.
Pootie Tang is the greatest movie ever.
For what its worth, the bonds seem to be pointing to this rally being for real.
Pulp Fiction is excellent, thought not a Christmas movie, per se.
Elf is my older kids’ current favorite.
hey homos.. you know what you are witnessing first hand today?!
STAGFLATION!!!!
cfc is headed to zero
AMD to zero.
Mozilo can open a tanning salon after CFC.
Mozilo will be a club bouncer on South Beach (Miami Beach).
Mozilo can open a KFC next to the tanning salon after CFC.
Free wings for his subprime clients.
Mozila can return to his primary occupation.
Capo for one of the Five Famiglias.
There is no “mafia!”
I like 3 6 mafia.
Don’t forget our benefit dinner this year honoring our former Chairman:
Carlo Gambino: Grazzie Padrone!
No Santa Claus? No Mafia? What is happening to this world?
Gotti would never stand for a lieutenant tanner than he was.
It’s “not done.”
Blame global warming.
I believe Boomer has a pic of “Mafia Santa” in his last PG post.
Oopsie, down to a hunnit points in the green.
I love ABK. What a Xmas gift.
PAY – re-shorted.
The blue lines seem to be decreasing in number.
Let’s test.
401K 401K 401K 401K 401K 401K 401K 401K 401K 401K
401K 401K 401K 401K 401K 401K 401K 401K 401K 401K
I think that triggered more of them.
The buy stops at 1500 have all been cleared out.
Bilderberg and I are leaving for lunch.
Good night Moon.
Good night room.
Good night light, and the red balloon
Good night bears*.
Good night chairs.
___________
*(not really.)
We should be allowed to impeach Bernanke if not short him.