Last night Obama fired Bernanke in an interview with Charlie Rose. The very next day, stocks drop 200+. Coincidence, I think not.
^^^That’s the real story.
If The Bearded Clam is out, so is Le Fly.
I am not buying this dip and may take the God damned summer off, positioned like a Caesar, 60% cash, up 31% for the year.
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“The Fly” Wins Again.
sure you did
Don Señor Le Fly, is that it you think it’s all over?
Bernanke was leaving 2014 – he was not fired.
You must be an Obama supporter.
not sure how everyone is getting that Obama fired Bernanke in that interview … Bernanke has made it known that he’s leaving for some time now
You can’t see Obama dodging the question of whether or not he would reappoint Bernanke if Bernanke wanted back?
Obama had something to say & Rose did not follow up with that question when he was done saying that the Bernanke was a good partner with the 1/2 white man in the White House
since everyone is accusing the Obama of firing the Bernanke, no doubt that question will be reraised and replied to in the coming hours or days
the fact remains that Bernanke took the position saying it was not for life & he had previously announced he’d be stepping down at year end, so all this Obama fired Bernanke talk is personal bias/agenda-making
Market showed that their confidence is gone. I’m joining the Devil and I’m going short on everything until they prove me otherwise.
that’s exactly what the invisible hand wants all to do…then slap you in the head
When Bernanke was asked about being ‘fired’ it seemed to me like it was all he could do to hold back a shit-eating grin.
You should vacate but probably won’t as you are a market addict with a business to run.
yes I believe I will take the summer off so I can practice my twerking skills at my night job at KOD…..the bills thrown at my sweaty cheeks will hopefully stick like glue as the buns ripple and wiggle, these poor chaps throwin billz will all but make up for the lost dollars I could be making on my portfolio….sigh
thats an interesting concept
ill throw ya a few bones bruh, long as u keep them yams shakin….getting long AERL in size here
SD go long……Ward the crook is out
Sugar daddy out of coke – slipped in the Special K for the end of the party
Here comes the surprise sex
—
Lucky everything is backed by strong EPS and limited PE expansion, right?
Anyone still buying 3% ‘high yielders’ ???
Bernank will have to move to Belize after this plays out
I thought everybody knew he wears that silly bearded mask!
Heeshe will just take it off, and spend his retirement flying around the world in his anti-gravity machine.
He..er.. .won’t ever get recognized, because…..Ben “Bunny” Bernanke, is actually a woman!
Buy Buy Buy!
88, maak ‘n draai boet?
So it is said, “Give to Caesar what his haptic feel finger salutes and ……….”
I admit – I bought a bit of dip, mostly in alt energy
May I ask what you shopped ?
PANL YGE STP CSUN JASO PBW little bit of everything… looking to buy some wind tomorrow 🙂
Dust is going parabolic of course…. PMs are done
Thanks Mr.P ! Will be still fine chasing Dust tomorrow?
no investment advise on DUST from me 🙂 I day trade it and it is a very risky trade, always use stops – that would be my advise
The Bernanke has abandoned you all. It’s plungin’ time!
Tomorrow weakness from abroad will destroy this once fine market…wait and see.
Finally…Boy do I dislike Clams.
Apres finally, girl do I like clams.
Boy, Actually I think the Clam was saying…Après moi, le déluge
More importantly, what are your thoughts on crabs… I can help!
sick. lol.
Actually, this kind of puts it all in perspective.
This is what they REALLY do when they retire:
http://www.liveleak.com/view?i=65b_1371639054
p.s.: You know how much better Senor Fly would have pulled that one off? Clearly the software titan featured above, has no sense of real class. Sort of.
Video analysis.
When questioned if Bernanke would be rehired. Obama looked away. A tell that he is likely lying.
Upon finishing his answer his forehead and brow become wrinkled while still avoiding eye contact. Another sign of nervousness in answering the question and “physical uncomfortability.” Further, Obama essentially avoided or punted the direct question of bernanke being rehired.
A reasonable inference can be drawn hedging on the side of Bernanke not being rehired.
Thus, for all intensive purposes a reasonable inference to the fed chairman exiting.
Market will freak out when he does. Do you remember how the market tanked when Greenspan retired?
I definitely think the market will tank when bernanke leaves. If nothing more than a risk off reaction to the possible end of QE and POMO. If Yellin is in then I think it is business as usual and the policy continues. If an outlier person is in..then hell..it is impossible to handicap. (Geitner = business as usual. Larry Summers = shit..I don’t know. either way impossible to handicap. )
The credit markets will certainly be interesting. High yield will shit the bed with risk off. (On the premise that interest rates will rise and the cost of capital will be become more expensive. But I am just an amateur.)
I remember greenspan left in february of 06. And SPY chopped around and rallied sometime in mid march.
But then ate shit in mid may of 06 through june. I think the 500 came back in september of 06. Either way..with Bernanke gone……I certainly think it will be risk off for institutions and trading desks. Hell, the news media will be flush with stories of “will interest rates rise?” Fucking eh. Interesting times indeud.
T aco
B urrito
T aco
__________
takin’ the year off boss
Might this be the summer of CORN?
God save the clam, for no one else will.
Bernanke destroys Wall Street, looks like Tony Soprano couldn’t even survive that one.
R.I.P. James Galdofini
Heart Attack @ 51
RIP James Gandolfini
http://www.youtube.com/watch?v=xhS7V3NB9Mk
Come on 50 day moving averages. Break em. We can break em tomorrow. Come on……
http://ibankcoin.com/woodshedderblog/2013/06/19/falling-under-the-50-day-average-on-thursday/
HOLY SHIT
China just leveled the killing blow. I was pretty sure that was coming, but it’s worse than I thought. Recession coming our way DIRECTLY.
And now the winners buy and the losers get stabrd in the eye..
Bullish backwards asshole
As you have been corn holed yea these 5years so shall ye be reamed yet again..Noah
Holy Shit. Huggie Bear reamed yet again No Clam!
Can’t say i understand you and your perplexing communication style…if you don’t think the market is going lower, you are dead wrong. Easy money is driving everything, and rising mortgage rates in combination with the sequester impacts are about to put the brakes on.
I’m not calling for any massive decline, but we’ve got a few percent coming our way.
Good luck to you and yourn.
Not dead and not wrong. Stocks going much higher lo these next many years
Sequester?? Are you living in Dantellis basement? Sequester? Holy shit batman!
Rick Santelis. Truly the most desperate of the bunch now that the whore Cabrera is casted out..
You aren’t making any got-damn sense son…i can’t carry on with you like this when you are babbling pablum as such.
But how about this, i’ll vote with you that stocks will probably go up over the next few years.. Fucking brilliant and insightful. I’ll see you in 2015 so you can tell me how you were correct.
Here lad you seem like a nice young boy..AB. USAC. GSJK. CMRE. Now suckle the teat!
Hold fast lads and buy the blood. Ignore the satans
Fly, given dollar price appreciation, shouldn’t the yen depreciation, making tapering a good situation for Japan?
And fer the rest of ye snot noses waifs NICK. TMV. Now get ye to sleep!
I do like Pirates, so i’ll give ye that.
I think Obama will appoint Bernanke to another post – thus both of their shit eating grins.
Vice President… Biden you are out!
Wall Street destroys Wall Street, with their overreaction and extrapolation of what the man actually said.
FUGGIT!
NUGT!
Its not looking too hot pre-market.