Today marked the 6th consecutive winning session for the Naz. Without doubt, we are enjoying a “Santa Claus rally.”
In addition to that, many fund managers are walking up their positions, for end of year sales literature. Basically, they want prospective investors to see their fund is long [[AGU]], [[MOS]] or [[GS]].
One big positive for the market is the resurgence of liquidity, via sovereign wealth funds. A new one coming out of Saudi Arabia will manage 900 billion dollars. It’s like fucking monopoly money to them. Unreal.
With all that coin, it seems plausible that there will be a bid under many of the financial stocks. The zillion dollar question (clearly not to outdone by trivial billion dollar questions) is: How stupid are the Arab managers?
If I were them, I’d see to it that the insurers, like [[ABK]] and [[MBI]], go bankrupt. This way, I’d be able to go “jumpin’ jihad” on [[C]], [[MS]] and [[MER]], buying all of them for half of what they are worth now.
However, that’s just me. I’m somewhat evil. They’re much nicer than “The Fly,” without a doubt.
As for today’s light trading:
I enjoyed caffeinated moves in [[WBD]], [[CORS]], [[LFT]], [[AGU]], [[RIG]] and [[MVIS]].
Again, I cannot stress this point enough: use this low volume manipulatory rally to lighten up and set up hedges. The reasons why I believe the market will get flushed, during the first two weeks of January, are “time machine” related and, quite frankly, none of your Goddamn business.
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Many here know how stupid your time machine is. Runs on rubber bands and paperclips.
Your time machine was built from an old used DeLorean, which is outdated, no longer in production and irrelevant.
Almost everyone expects a January flush. When so many are on the same side of a trade……
See me about your time machine. The flux capacitor is probably in need of repairs. It may also need the plutonium recharged.
In the meantime, you don’t need a time machine to see that PBR, SLB, POT and MOS will do well in 2008.
jog
E=mc2
Viz.
i think that’s what Pud been saying for some time
We’re burning oil & the A-rabs are collecting dollars like a reservoir collects rain.
And now they are coming back with that reservoir of greenbacks & buying up USofA assets on the cheap.
USofA loses.
A-rabs win.
FLY can see you didn’t find you sack under the holiday tree…so sad.
Bruce– yeah, just like the Japs circa 1986 buying Rock Center.
You tellin’ me the Ahabs are smarter than the Japs?
Top of the market to ya, Bruce.
Frosty, you still like Crox?
Jake,
The A-rabs are scaring the crap out of the heartland folks:
http://www.travisandjonathan.com/redstateupdateports.html
Jake … all I’m saying is we’ve burnt oil & they are buying hard assets that yield cash flow & cache
btw, I hear foreigners are buying up NYC real estate & keeping that market up … we’ve traded resources gone up in smoke for hard assets. Not a good trade.
The Japanese are notorious top tickers … I can’t say that about Arabians
Hey Juju, read before you open your fuckin’ mouth. New production DeLoreans are being built TODAY by a company in Texas.
MVIS+
http://technology.timesonline.co.uk/tol/news/tech_and_web/gadgets_and_gaming/article3095599.ece
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_M/threadview?m=tm&bn=27329&tid=160521&mid=160521&tof=7&frt=2
Benson — post your home movies on your own site.
Flux,
Right you are. Now go fuck off.
The Fly needs to quit screwing around with DeLoreans and upgrade his time machine to this:
http://www.koenigsegg.se/thecars/ccx.asp?submenu=10
Juju – 9.9 in the quarter? Pussymobile. Go buy a Kia.
Flux,
Zero to 60 mph in 3.2 and end speed in the quarter at 146 mph isn’t a pussymobile, fucktard.
Btw, your Yugo is an asshat mobile.