Clearly, Bernanke and Co. are not that.
Heavens forbid.
“May the greasy gravy train from middle earth continue to slowly grind forward, using the remains of dead bears as its only source of energy.”
Fly, 2008
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My precious
Crazy day … I had to leave around 3:30 and I check my account to find I got filled on some FXP @ 85.90 .
And the oddest one of all. I put out an order to short 200 WPO @ 717. I got filled on 5. Which leaves me up 13 pts on 5 shares. After commissions & taxes, enough for a Happy Meal & a latte.
Q4 – That looks like Eliot Spitzer.
Fly-
how is your head after the occular pennetration you suffered via POT short?
Read this and you will be building your own bomb shelter stocking it with guns, beans, and gold. The super cycle for equities from 1932 is OVER !!!
http://www.financialsense.com/Market/wrapup.htm
fly, first of all i have great respect for you. thanks for keeping it up!
now, i understand being right is more important than being consistent, but what is the reasoning behind your reversal?
fed assumes all the risk of mortgage, that may pause margin calls but fundamentally aren’t we just delaying the problem?
Kappa:
I have not changed my bearish position, but delayed it.
Days like today can resonate for awhile, enabling parked cash to rush back in.
All I’m suggesting is to do nothing. That’s all.
Q4. Clever, you cunning linguist, but this is the one my kids love (rock it out):