Fuck you and your charts.
Apologies should be handwritten, not typed.
If you enjoy the content at iBankCoin, please follow us on Twitter
Joined Nov 10, 2007
23,427 Blog Posts
© Copyright 2007-2024 iBankCoin All rights reserved under penalty of bodily harm. DISCLAIMER: This is a personal web site, reflecting the opinions of its author(s). It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities. DATA INFORMATION IS PROVIDED TO THE USERS "AS IS." NEITHER iBankCoin, NOR ITS AFFILIATES, NOR ANY THIRD PARTY DATA PROVIDER MAKE ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND REGARDING THE DATA INFORMATION, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. Privacy Policy
I can’t afford a pen, can I use a Crayola from Applebees?
After post thought: Who the fuck makes robo dialers? They have to be banking coin tonight, I have had 7 calls from annoying fucks that I don’t know any better than you waterheads.
Charts? You talkin bout charts? Go sock ur Fibonacci
WTF are you talking about?
Here’s the Richard Pzena piece Cramer talked about tonight. Figure 5 is illuminating. If we’re in recession, history suggests value is going to outperform growth/momentum for several quarters.
http://www.pzena.com/quarterly.php
Its “Psycho-Fly” night at IBC.
First of all, this is not a late night thought, where is the fly with his late night drives – post midnight? Just like 47 1/2+ year olds aren’t allowed, we can’t be having this type of early bird special announcement masquerading as late night info.
Second of all – down with Rockefeller.
I suspect Fly was up all night after the Super Bowl so his internal clock is a mess. I hope it doesn’t carry over to the Time Machine.
Has the Fly stepped out on ole Woodshedder and used another chartist? Perhaps to his detriment?
From Legg Mason Commentary (written in mid January):
“A report from
J.P. Morgan strategist Thomas J. Lee
released on January 7, 2008 noted that the
percentage of bearish investors in AAII’s
latest weekly survey (1/04/08) exceeded
the percentage of bulls by 29.5%. Only 15
times in the last 1,100 weeks, or 1.4% of
the time, have the percentage of bears
exceeded the percentage of bulls by 26%
or more. In every prior instance when the
reading was this negative, the S&P 500 was
higher in 12 months by an average of over
20%.”
http://www.leggmason.com/individualinvestors/documents/insights/D5505-401085-FDXX010063_InsNelson_v4.pdf
**past performance does not indicate future results
SKF+
Pud, 21 years is not very long to look back. That data does not incorporate any of the bears from the 1900’s to 1970’s. In fact, other than the 00-02 bear, there really isn’t a major bear market included in the data used by the J.P. Morgan strategist.
Anyway, it’s a psychological game. While I’m bearish, I’m sure the indexes will be higher 12 months from now. The problem is, can the average trader withstand the whipsaws until the bottom is set? Probably not. I’m confident that new longs are going to get shaken out here, and soon.
So, as it has been said before, capital preservation is the key for most. Those expecting a swift return to the easy uptrend of the bull are going to get kicked in the groin, even if the bottom is already in.
I’ve been thinking about market crashes lately, researching history. What would happen if internet connectivity was disrupted at the exact time of a market crash? what if it was disrupted to a certain geography, like…China. or Arabland. The powers that be could isolate and crush the economies of enemies with a swift crash that cannot be traded, because access is cut off. Take away the uptick rule, change circuit breaker policy, change margin rules…and then turn out the lights.
It’s late and I know I sound crazy. Fuck off.
http://www.abc.net.au/news/stories/2008/02/04/2153974.htm?section=world
I think you are right on time – Esiason
http://www.gwu.edu/%7Ensarchiv/NSAEBB/NSAEBB177/info_ops_roadmap.pdf
Can we use our stimulant money as collateral for a loan today?
jeff – how did you have that at your fingertips?
I’m on it dog.
http://www.truthnews.us/?p=1876
http://www.teslawasright.blogspot.com/
other measures of sentiment with longer track records are showing the same thing as the aaii #’s such as,
p/c ratios
short interst in absolute terms and internal ratios.
also insider buying. look at todays bloomberg article that i provided a link for early this morning.
P/C ratio is bearish Chivas.
Short interest is high, but has backed off to near Nov.-Dec. levels, at least on the NYSE as published in Monday’s IBD.
I don’t know that I’ve ever seen insider buying as an accurate indicator, at least when used as a gauge of broad-market sentiment. I mean it seems intuitively bullish…I just don’t accept it as thus at face value.
Let me ask you a question. Why are you guys fighting tooth and nail the reality that bottoms are typically tested before becoming set? Furthermore, why is it so important to you that you nail the bottom, almost to the day? What’s a few weeks if the indexes are going to rally insane-like for the rest of the year?
p/c ratios are very bullish
15 day equity p/c ratio- 74.6 same level as the august and march lows.
15 day total p/c ratio- 105 almost at the level of august and march lows.
isee p/c ratio 15 day 100 exceeds levels of august and march lows.
short just shy of all time highs with corresponding internal ratios.
read the article that i bookmarked then talk to me about insider buying.
i can only answer for myself. i am not fighting anything. i am only providing information and responding to a cetain element here that thinks the world is coming to an end.
Well on the other side, KBH’s cfo sold 80,000 shares last week. SRS and SKF ftw!
FWIW, if you look at the Investors Intelligence Survey, bulls are still outnumbering bears, 40% to 32%. I personally hear and see a lot of people calling a bottom now and last week. Bear markets usually end when no one thinks a bottom is going to happen. They get so frustrated and negative and feel that the market is never again going to up, and finally just throw in the towel. That’s when the market makes a significant bull move upward.
I still have to think this is a bear market rally.
Hey Chivas, how’s it going – thanks for the info – I thought the world was falling, but you put me right. Bring me a glass of Walker Blue, I like good Scotch Whiskey, not that there’s anything wrong with yours.
update.. although Cheating Ben and Lying Hank might still save your stock picking skills.
update 2.. Cheating Ben drops interest rates by 150 basis points on the account of the futures prices in the overnite. Lying Hankk is carting cash to everyone’s mailbox strait from the treasuries press.. as much as you want.. first come first served.
Calvino,
lol. i enjoy your posts, and you’re not one of the people i was talking about. tell me where to send a bottle of walker blue and it shall be yours. one condition, you have to share a drink with me.
post super tuesday ron paul vote thought:
The Fly wins again
Beware of gay reversals.
Adding short retails to my Ultra Short DOW (DXD) and Russell (TWM) holdings.
Short HD: $29.03 entry
Short LTD: $18.04 entry
Short RTH: $92.80 entry
SKF recovered and SWC is down early… all is right again in the universe.
-DT
Ok, why the heck is CRM positive.. to Fidelity, if that is you.. stop it.. it’s not going to help..vmWare showed you the way, now follow your leader.
update.. who thinks commercial RE is b ottomed.. stop the BS with SRS.. or that’s a busted etf.. don’t know. do know that I could not get any homies to short.. must be bottom./
Boomer,
You think this shit is bad, wait until Skynet becomes self-aware.
Talk about “fucked.”
BTW — I am still awaiting the Fly’s “Super Bowl Party Story,” of which we were promised “more later.”
I had only those who know how crazy I get close to me.
With straight jacket(s) in hand.
For fellow Giant fans:
Live streaming of the Victor’s Parade!