Tuesday, June 12, 2007

 

Closing Comments

Now, I'm not much of a conspiracy theorist. However, if I were trying to bring this market down, and had billions at my disposal (thank God everyday I do not), I could crush this market by selling treasuries. Hence, driving rates through the fucking roof.

Suddenly, I look at the market and sense fear and pessimism. Late in the day, I had my fucking trader/servant sell some bullshit stocks, in order to raise money. Sorry for the lack of "Fly Sell Alerts." I was busy being smart.

Additionally, I have a bunch of short sale candidates to mull over, which I will share shortly.

Irregardless of the current direction of the market, this whole interest rate panic is a rouse. That's right, they (the mysterious people who push the big buttons) are fucking you (the retard investor), again.

Aside from all this fun talk, MRVL and the fat fucks at MCD did well. As a matter of fact, technology stocks held up great, considering how fucked everything else was.

In short, it makes sense to raise cash and wait out the manipulators, who now reside in the bond market--elbow deep in shit. Also, it makes sense to be long dollars and short commodity related stocks, during this fucking scam. Oil, Steel, Euro's and Utilities are all fucked. However, a good ol' fashioned category 5 hurricane can change everything, rather abruptly.

Comments:
I wouldn't call them scams. Just good old fashion hedging. Big money is still long with their investements, and just trading short term to profit. When they cover they help send the markets back up for other short/long term buying.
 
A concerted effort to drive rates up is a scam.

Sorry for the brain freeze.
 
Regardless, "irrigardless" is not a word.
 
"Regardless, "irrigardless" is not a word."

Fuck you, Steve.

"The Fly" can use double negatives all he wants. Naturally,you may think it's not a "real word." But, as a matter of fact, it is!

Just like "fucktard" and "asshat." Those are words too, for the sake of emphasis.

But, this isn't English 101, is it?
 
This comment has been removed by the author.
 
"irrigardless", let me guess...NYU?
 
Any guess as to when the scam will be over?
 
the scam will be over when there are no more people to scam.

it's a zen thing
 
Krudlow on CNBC said the markets tanked late in the day based on the possibility of taking out some Iranian positions. Huh? If that was true oil would have soared as well as gold yet they both kept going south for the day. Plus the IED news is old news. It looks like to me that a move is underway from small caps to large NDX caps and has been going on for awhile now.
 
The market went down because Paris Hilton is in jail.
 
The Stockhead said...
the scam will be over when there are no more people to scam.

it's a zen thing

Very funny! Tomorrow could be a fun day. Lots of ecodata to contend with. Could be pivotal near term.

-DT
 
A concentrated effort to drive rates is a conspiracy for sure. Market manipulation occurs all the time especially in the futures to influence other markets to go in their position’s direction. I think the really talented managers and intelligent institutions don’t need to do that though to make money.

Steve,

Irregardless is a word, it's an adverb. It may not be viewed as proper english but plenty of people use it and can be found in the dictionary. Second of all, who really cares how it is used?
 
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