Friday, September 07, 2007
Early Morning Thoughts
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Who could think this is a good thing for the market. I would say everything is cooked in right now. What a shitstorm.
Steve Jobs for Assbeanie of the week.
Steve Jobs for Assbeanie of the week.
Buy the weakness fucktards. We finally get some much telegraphed/expected weakness in the numbers and guys start shitting themselves.
I call bullshit. Buy AAPL, HOG and NYX in premarket...
I call bullshit. Buy AAPL, HOG and NYX in premarket...
I would watch KRE (Bank ETF,all regional banks for the most part) for a possible rebound based on lower rates. I said yesterday MDG would be a possible takeover after AUY failure. I read in Canadian press possible partners to take it over would be NEM,AU, or KGC. However, if market "crashes" everything is sold including gold and gold stocks.
The word crash should not be allowed on this site. Nor should OTR's posts for that matter.
Feels like a sloppy trader is blowing out of a wrong-sided trade this AM so they can spend the rest of the day on teh golf course or at the beach.
Feels like a sloppy trader is blowing out of a wrong-sided trade this AM so they can spend the rest of the day on teh golf course or at the beach.
I'm telling you, this site provides the best contrary indicator available:
The blog and comments have a decidedly bullish. Ergo, when words like crash, recession, shit storm, strawberry shortcake, and dirty sanchez are spewed...when fear takes hold...BUY.
I will be putting cash to work today and Monday.
The blog and comments have a decidedly bullish. Ergo, when words like crash, recession, shit storm, strawberry shortcake, and dirty sanchez are spewed...when fear takes hold...BUY.
I will be putting cash to work today and Monday.
C'mon Caddy, you've been doing this long enough to know that buying a stock on takeoer rumors is a low percentage game.
Commodity strength in light of this weakness? Something doesn't jive...
Buy this weakeness.
Commodity strength in light of this weakness? Something doesn't jive...
Buy this weakeness.
Also, "The Fly" has called this market right, since birth.
Calling me a "contrary indicator" gets you an "instant firing."
Now, fuck off and go eat some grits.
Calling me a "contrary indicator" gets you an "instant firing."
Now, fuck off and go eat some grits.
Any you Sir Fly should go eat some oatmeal and turn the music up so you can tune out the negativity!
OTR--
For the last time, I do not have the power to alter your posts. If someone posts under your names, that also has nothing to do with me.
While I agree with you, the market is going lower, you still need to fuck off.
For the last time, I do not have the power to alter your posts. If someone posts under your names, that also has nothing to do with me.
While I agree with you, the market is going lower, you still need to fuck off.
Payrolls contraction!
You cheerleaders have got to start realizing where the global economy is going after a 5-year expansion.
Bought JPY, CHF, Eurodollars and VIX calls yesterday - see http://throughtheswings.blogspot.com/
You cheerleaders have got to start realizing where the global economy is going after a 5-year expansion.
Bought JPY, CHF, Eurodollars and VIX calls yesterday - see http://throughtheswings.blogspot.com/
you can't fire me. your blog's economy is in the shitter and my job "left the workforce" due to the sub-prime posting crisis.
maybe you could just buy gold?
http://www.youtube.com/watch?v=t3UaTjzZFY0
maybe you could just buy gold?
http://www.youtube.com/watch?v=t3UaTjzZFY0
Fly,
If what you are saying is right (and I think it is) and we are going to take some major hits across the board, what sectors will be first to bounce? I have an odd thought that stocks that have already been beaten to death may be safest ones to jump back into. Meaning some fallen stocks may be closer to the point where they are big bargains whereas recent high flyers have further to fall and more people looking to sell winners and take profits.
If what you are saying is right (and I think it is) and we are going to take some major hits across the board, what sectors will be first to bounce? I have an odd thought that stocks that have already been beaten to death may be safest ones to jump back into. Meaning some fallen stocks may be closer to the point where they are big bargains whereas recent high flyers have further to fall and more people looking to sell winners and take profits.
Broker A is correct. Cuts now are called "pushing on a string". The Fucktarded Fed was too late in stopping the real estate speculation and now its too late in cutting rates. Plus don't forget the $20+ TRILLION OTC derivatives floating around. However being a daytrader, I will look for any bounce in regional banks and perhaps financials, once this negative tick reaches an extreme after the open, to trade them.
LOFL!
Payrolls cut by 4,000 and the entire blog is crapping the bed, let by old man Depends himself.
Fly, all due respect, but you've watched that morose "Tool" video one too many times.
There's always a bull market in sump'in. Try a little SLV and GLD and GG and SLW as the helicopter desecends....
Think about it dufuses... you think Chinook Ben would be able to cut the rates if the payroll picture was rosy this morning?
4,ooo! oooooooooooh!
Payrolls cut by 4,000 and the entire blog is crapping the bed, let by old man Depends himself.
Fly, all due respect, but you've watched that morose "Tool" video one too many times.
There's always a bull market in sump'in. Try a little SLV and GLD and GG and SLW as the helicopter desecends....
Think about it dufuses... you think Chinook Ben would be able to cut the rates if the payroll picture was rosy this morning?
4,ooo! oooooooooooh!
Jake--
There was also big downward revisions for the last three months.
In short, there is nothing holding the economy together.
I've learned, once the jobs go-- so does the market.
There was also big downward revisions for the last three months.
In short, there is nothing holding the economy together.
I've learned, once the jobs go-- so does the market.
Exactly, Jake. Wow, it's all the sudden too late to cut rates and save this economy because unemployment is now at 4.6!
That's the real old man. And listen, he is my friend.
He's just wrong.
You can tell if it's the "fake" OTR by clicking on the name. The fake guy's deal leads to nothing.
Now -- one caveat -- there is an asshole over on Beannie's blog who has gotten so good at copying people's blog names (why Blogger, that for shit Google program allows this, I dunno) that they've even gone as far as copying out the whole "who am I" blogger section to match the original.
Luckily, for Old Man Chaps (he looks a little like hairy Ralph Lauren, no schit), that would take about two days work because of his lack of editing skills.
He's just wrong.
You can tell if it's the "fake" OTR by clicking on the name. The fake guy's deal leads to nothing.
Now -- one caveat -- there is an asshole over on Beannie's blog who has gotten so good at copying people's blog names (why Blogger, that for shit Google program allows this, I dunno) that they've even gone as far as copying out the whole "who am I" blogger section to match the original.
Luckily, for Old Man Chaps (he looks a little like hairy Ralph Lauren, no schit), that would take about two days work because of his lack of editing skills.
Fly -- what happens when you raise the minumum wage... every... single ... time, since the beginning of economic history?
If the unemployment rate did not go to at least 5.00% after that Dimocrat fiasco, I would've been shocked.
In the meantime, it's the poor lower class furkers who get it in the can. Thanks "party of the people."
Buy at least for the cuts, folks.
If the unemployment rate did not go to at least 5.00% after that Dimocrat fiasco, I would've been shocked.
In the meantime, it's the poor lower class furkers who get it in the can. Thanks "party of the people."
Buy at least for the cuts, folks.
The first thing I did when I got out of Rehab was to put sugar in the gas tank of The Fly's Time Machine...
C'mon Mr. Sour Milk in your Oatmeal break out the golden bear!
C'mon Mr. Sour Milk in your Oatmeal break out the golden bear!
Jake--
Rate cuts take time to help a bad economy.
I'm not giving up hope yet, just decidedly more cautious.
Rate cuts take time to help a bad economy.
I'm not giving up hope yet, just decidedly more cautious.
Fly... I don't even think we need the rate cuts.
Whaddaya tink of dem appers, Hans Brix?
The credit markets need the rate cuts, and it's really only for "Roto Rootering" purposes.
Nothing wrong with the economy -- yet. Only if the liquidity sitch gets outta hand.
Cue the choppers.
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Whaddaya tink of dem appers, Hans Brix?
The credit markets need the rate cuts, and it's really only for "Roto Rootering" purposes.
Nothing wrong with the economy -- yet. Only if the liquidity sitch gets outta hand.
Cue the choppers.
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