Dr. Benjamin Bernanke could not have timed his debut at Citadel more perfectly. As the sell off deepens, the good Dr., laid back in his chesterfield armchair, smoking a blunt made from 100% marijuana leaves, is laughing at the lot of you running about the house naked–attempting to cover margin calls.
Markets will remain uncooperative until the tone and tenor of its participants improves. Right now, it is infected with banana eating apes, parasitic faineantise accustomed to quick cash and little to no work.
Life is hard as a full time money manager, having to toil away for meager 7 figure compensation packages–forced to watch the teevee all day long and converse with people on the internets. But something tells me all of my hard work and mindful efforts will lay several golden eggs.
For one, as you fribble away in a wide swath of low quality stocks, “The Fly” remains entrenched in his stone forest of cancer stocks barely down on the day. While it’s true, my largest position JNS is down 3% for the day; it’s also true that B. “Fucking” Gross will have none of this shit on Monday. He gives zero fucks to the people who want to see JNS lower.
At the end of the day, we were overdue for a sell off. Rest assured that The PPT will, once again, guard against destructive trades in your peasant accounts–laying the foundation that you require to battle out from your housing tenements. All that is on sale today shall be purchased next week, at a time and place of Dr. Benjamin Bernanke’s choosing.
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