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Casting Call Arrives: 1999 Party Continues Unabated
Yet another rotation engineered by some Chop House upgrade of the semiconductors, which sent some of the chip stocks into Outer Space. Investors never sell, they just switch from one Keno Table to another, sell one group, and reinvest in another. All part of the coordinated effort to keep the party going.
By the way, anyone here ever date an aspiring actress in Los Angeles? It's pure hell. When they are not working, they are despondent and borderline psycho. Bank account drained while the credit card bills get racked up by continuous weekly manicures, pedicures, Botox injections, hair coloring, clothes shopping, etc.
Unless they are spirited enough to leave their crummy 1-bedroom La Cienega apartment built in the 1940's and fly to Vegas each weekend to be a high end escort, or drive down to Newport Beach to be a waitress at the Gulfstream or something.
But then, out of the blue, they will get a "casting call", and suddenly life is good.
That's what happened today with the semiconductor upgrade, as many of these stocks were in a slump but they suddenly went wild....



Meanwhile, "investors" were taking profits in oil stocks and jamming the proceeds into various junker plays, like near-bankrupt companies such as Sunrise Assisted Living, up 45% today...
Hey, even the skanks like Jeri Ryan get a casting call once in awhile.

Here's an example of some of the games being played.
TQNT gets nailed last week, no doubt this chart looks like a failure...


But shortly thereafter, a "strategic upgrade" rebounds this stock....
All designed to keep most fund managers bewildered and befuddled...

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Excellent Robo! Love the Liz Hurley snap. Awesome cleavage. Here's another one:
N TAP, indeed. Too bad Hugh lost out to China on the Hummer purchase.
thank you andy. that is an engaging sequined dress
I keep staring at the picture trying to ascertain if there are any aircraft durable goods order datapoints there......
petra at night... http://www.petranemcovafans.com/gallery/243.jpg
wtf was hugh thinking. jeez...
Sweet Robo, simply sweet...
Never short a dull market.
Have a great weekend.
Goldman has thrown a great party, but they are underwater on the derivatives trade.
The market is still at the party, but everyone is expecting the fire alarm to go off sometime soon. But, the party is so much fun, that despite knowing the building will burn down, people keep eating, drinking an having fun. Besides, where else can you see maria bartoromo and the other cnbc girls dance like naked whores?
But, when the alarm hits, and the people head towards the exits, look out. Many will lose all they have as they are stampeded heading towards the door.
Neophyte to ZH here.
So wouldn't it be safe to short any medium quality stock or is that even to risky, to wit Countrywide, WM, etc.
Liquid
So Robo, if Jeri and Jack stayed together, and kept using the cages and whips, he could've won the Illinois seat and Barack would've had to find another route to the Nobel one point four mil...
If we're doing 1999 all over again does that mean this time I actually get to go to that playboy party in Panama City with that model instead of having to drive my mom around while her car was in the shop?
That would be awesome.
Love you robo.
Chees,
Pigpen
OOOOweee that close 16 pesitos off the yr closing hi is a thing of beauty. Hate em or not youve got to admit those pigmen are good. What will Monday bring? Action in gold and bonds last few wks has gold buggers flyin a little wobbly and those big brained hi-fivin bondsmen wonderin where that kick in the crotch came from. Grilled wildebeast anyone?
Great stuff RobotTrader!
Gotta love Liz Hurley cleavage.
MMMMMMMMMMMM Liz Hurley and Hale Berry. I'd sure EAT that lass.
I'd sure EAT that lass
which one is "that"? you got me all confused cheeky
both
both
why am i not surprised.....at the same time I imagine...
yes, of course at the same time ...
Shit I Gotta Eat... Yeah, Even Though I Ate
It Ain't My Birthday But I Got My Name On the Cake
(Shit) Believe That, If Ya Mans Wanna Play
I'mma Fuck Around And Put That Boy Brains On The Table
Pick 'em up, fuck 'em Let 'Em Lay
Where I'm From We See A Fucking Dead Body Everyday
Thats, Uptown, throw a stack at 'Em
make a song about me, I'm Throwing Shots Back At 'Em
Ya bitch on my pipe, And She Like A crack addict
And She Saw Me Cooking Eggs And She Though I Was Back At It
Im stunnin like my Daddy
Welcome Back Robo!
Robo...great post as usual. Wondering if you saw this yesterday? It is about how a price collapse for Latvian hookers and the number of extramarital affairs in the U.K. are both good indicators for their respective underlying economies. http://www.bloomberg.com/apps/news?pid=20601039&sid=aSRh7Cf2DTrU I think I recall something about selling the DAX when the 20 DMA price for for a blowjob in Riga falls below the 50 DMA that you short the DAX. Maybe a new Case-Schiller type of index will be in the offing?
Baltic Tramp Index
Biggest bubble in history. Anything learned from 2008. Nope, absolutely nothing.
SP500 daily chart has a nice rising wedge . . .
www.zerohedge.com/forum/market-outlook-0
I'll be a motor-boating son of a bitch when this bubble bursts
hard to argue here. love the picks