iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,152 Blog Posts

Weekend Wisdom

I just canceled my realmoney.com subscription. With the $35 per month savings, I will buy bagels and other meaningless finished foods.

NOTE: Be sure to glom over the new bracket match ups.

NOTE II: I will be away on business, Tues-Wed. In my place, all the other tabbed fuckers will have “headline power.” I’m sure this will upset most of you, since a very small percentage of you assholes bother to read their stuff. Exactly.

Deal with it.

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26 comments

  1. JakeGint

    “Glom?”

    “Gloss?”

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  2. Bill aka NO DooDahs!

    I’m just fucking shocked as shit that you EVER even *bothered* having a script to it.

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  3. mvjohn

    I can’t believe I picked goog long. I’m an asshat.

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  4. Good Move…funny I was also looking at little bullshit things I could cut this weekend. I got Time Warner to cut $5 off Internet Connection. I’m thinking of just shitcanning my AT&T home line altogether.

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  5. Crawford

    I’ve always loved that shot of Cramer attempting to conceal his horns.

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  6. gappingandyapping
    gappingandyapping

    Broker what do you make of the Chavez happenings? Will this bring more unrest to the oil markets? Fuck I hope not for DUG’s sake. But I do believe it has to put stress on the overall market sending stocks lower. Thoughts?

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  7. Dogwood

    Anon,

    We dropped our land line three months ago and added another cell phone to our plan. Kept our home number and saved $40 per month. We don’t miss the land line.

    Do it.

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  8. Dogwood

    Chavez attacking an American ally is a great way to get an ass kicking. Hell, he is so close we don’t even need carriers, our planes could just fly out of Florida and Texas, refuel over the Gulf, then do a few live-fire training runs over Venezuela.

    Seriously, this is too much to hope for.

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  9. calvino

    Dog.. Columbia does not need our help in this fight. They have a hardened army, as well as American trained special ops units that have been chasing the FARC guerillas and the drug cartels for two decades. Chavez’s army engagements have been confined to firing on middle class demonstrators in Caracas. Guess who is going to win that fight?

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  10. JakeGint

    Good call, Calvin. My only worry is that Chavez is taking a page out of the old Soviet/Chinese handbook and planning on using the FARC as his own little band of Vee Cee.

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  11. gappingandyapping
    gappingandyapping

    Next thing you know Danny Glover, Sean Penn and company will be down there fighting the Colombians. That would be a sight to see. Is there an ETF that tracks the price of Hollywood blow? I would expect prices to rise if there was a threat to production.

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  12. Dogwood

    Jake,

    Of course he is taking a page out of the Soviet plan. He wants to be the new Che and Castro.

    Calvino, you’re right, Columbia’s army is pretty tough and capable. Chavez’s forces wouldn’t last long in a fight.

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  13. calvino

    Anyone watching the carry trade get thrown out the window? Both the jpy up .6% the chf up .7% in the first hour of trading against the american peso. That is not an auspicious omen for the markets tomorrow. However the douchebag of Omaha is about to go on clown tv and who knows what kind of cock and bull stories he will tell.

    speaking of fights.. the Israeli Air Force seems to be in a live target practice exercise with it’s friendly Philistine neighbors.

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  14. anonII (#8)

    Some research re the $/euro/yen/yuan(?)

    http://www.factset.com/websitefiles/PDFs/outlook/english/19-02-2008english.pdf

    Inflation or Deflation?

    http://www.factset.com/websitefiles/PDFs/outlook/english/30-01-2008english.pdf

    Enjoy!!!

    Any thoughts?

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  15. anonII (#8)

    Page 5 of the second report indicates that deflation is more of a threat than inflation once unemployment rises and the cost of current housing declines take hold and are reflected in the US core price index. This allows the fed to cut rates aggressively as they have done and will continue to do to stave off the slow down. Energy and materials costs are expected to decline especially with other developed nations slowing … rates are expected to be cut in April by the ECB which will aid in the recovery of the dollar as foreign money comes back to the US.

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  16. anonII (#8)

    It is predicted that the decline in stocks will be limited to 20% rather than the worse case senario of 50%. Also that the greatest decline comes in the first three months of the recession (Jan) and bottoms about six months after the start (Apr)…

    So we are close to testing the old low or establishing a new low now …. and with rate cuts coming in a few weeks we should get another rally that will probably be retested and complete the bottom processing sometime in April …

    And as Barrons reports this weekend, between now and then s/b an excellent time to pick up highly leverages companies that are able to avoid bankruptcy as they rebound sharply and quickly ….

    Just my analysis from my latest HW and others should form their own opinions and invest accordingly.

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  17. calvino

    anon.. i’ll take a look at the pdf. the flation fight is making my brain swell.. I could try to argue with Mike Shedlock if I went into training camp for a couple of weeks. It’s the best I can do right now. Maybe after I sup I will have more cohesion.

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  18. calvino

    These analysts are saying that usa and europe do not have inflation fears. Not true. As far as Tricky Jean cutting rates.. he is being forced to do so.. late march or april is not a bad guess.

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  19. Employee8

    they are saying that we face deflation and therefore can drop rates as low as possible to avert the financial calamity unfolding … while the fed intends to push rates up in a hurry after averting the financial collapse to fight the impending hyperinflation from their own current rate reductions, they don’t think that will be necessary as the dollar will be rebounding as europe is following our lead and 5% world growth from india/china will also help exports and strengthen the dollar vs the euro.

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  20. Employee8

    therefore, if the fed does suddenly put the lower rate brake on and step on the higher rate accelerator, they will be causing a real bump in the road 1-2 yrs out all over again.

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  21. WTF!

    WTF!!!!! who the hell are you going to make fun of now?

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  22. Fly lady LOL!

    http://www.flylady.net/images/flylady_toon.jpg
    look at fly’s lady!
    LOL!

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  23. chavez's oil

    Chavez ain’t do nothing… it was nathan rockefeller… according to aaron russo the plan to take our rights away is a war on terrorism…
    First IRAQ, IRAN, and then Venezuella in that order.

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  24. chavez's oil

    although I think Aaron Russo meant Nathan Rothschild

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  25. chavez's oil

    aaron russo said that he heard about that plan in 1999

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  26. ???? ? ??????

    ???????? ???? ??? WordPress ?????????. ???? ???????? ??? ??????????? ?????? 🙂

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