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Chinese Pai Gow Tables Turned Upside Down

RobotTrader's picture


After millions of unemployed Chinese opened daytrading accounts and started gunning stocks for a living, they were all taken to the cleaners and given haircuts.

Such is the life in a casino. Win big for a few days, then lose everything. Never underestimate the gambling fever among the Reds.

Meanwhile, while everything was getting smoked here in the U.S., investors seemed to seek refuge in the worst of the worst CRE-infected, diseased, impaired banks such as Citibank, Regions, and BB&T.

Even CIT was getting bought up today.

As predicted, bonds were well bid today, and yields fell back just in time for the next big flotation of new confetti by Uncle Sam.

Other than that, a pretty boring day, where stocks were basically pinned in a flatline. Must be where “Maxpain” is. Goldman is assured to make sure nobody, I mean nobody, cashes in a profit prior to options expiration.

Overall, I was expecting much worse, damage seemed to be limited. Must be a huge amount of puts as well as calls which Goldman has to throw into the bonfire the next few days.

One more thing, IBD replaced No. 99 and No. 100 in its top 100 list over the weekend. The new picks are DDRX and DTG. Classic “rear view” analysis by Wm. O’Neil. Funny he should add those two to the list after they are up 2600% off the lows. LOL….

Unable to post any pictures or charts today, for some reason, that function has been disabled for now.

Hey, Marla??


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Mon, 08/17/2009 - 16:45 | Link to Comment Gilgamesh
Gilgamesh's picture

FXI and IFN looking quite sick.  Heck, IFN is back to almost oversold level (and what I think was post-election opening price).


I can't wait for one more down day, and the interviews on CNBC about how oversold India stocks are now.

Mon, 08/17/2009 - 16:49 | Link to Comment Anonymous
Mon, 08/17/2009 - 16:52 | Link to Comment Comrade de Chaos
Comrade de Chaos's picture

I expected nudes...
the new AWSOMO must be shipped together with the new and upgraded Chinese wall!
So you could see them while they can't see you...or is it that they can...

Mon, 08/17/2009 - 16:51 | Link to Comment Trader Joe
Trader Joe's picture

Trading CIT is like having one of dem der money printin' machines, I mean

up 15%

down 40%

up 65%

down 30%

...on and it goes....I love that stock


Mon, 08/17/2009 - 17:07 | Link to Comment RobotTrader
RobotTrader's picture

For some reason, no more pictures able to be posted.

I had some good ones for today.

Marla changed something, no more formatting in the comment section.

Mon, 08/17/2009 - 17:49 | Link to Comment Tyler Durden
Tyler Durden's picture

robo, not sure what has changed (nothing on our end). are you sure your rich text format is not enabled?

Mon, 08/17/2009 - 17:55 | Link to Comment Gilgamesh
Gilgamesh's picture

Punishment for Kathy Lee.

Mon, 08/17/2009 - 18:04 | Link to Comment MinnesotaNice
MinnesotaNice's picture

Yes... I think you're are right... Kathy Lee just ruined the whole flow that day.

Mon, 08/17/2009 - 17:16 | Link to Comment Sqworl
Sqworl's picture

The Chinese are degenerate gamblers..worse than junkies...not surprised at all.

Mon, 08/17/2009 - 17:26 | Link to Comment Steak
Steak's picture

Hey now, PaiGow Poker was THE game to play when I was last in Vegas.  Yeah I lost a little but I was able to play for HOURS while getting stuffed on free drinks.  $10 minimum and a million ways to push and let it ride.

Within view of the Planet Hollywood Pleasure Pit, twas fabulous.

Mon, 08/17/2009 - 20:58 | Link to Comment Anonymous
Mon, 08/17/2009 - 21:45 | Link to Comment dark pools of soros
dark pools of soros's picture

pai gow is always the chill spot - the best addition to it was a table in vegas that allowed the players to decide if they want to be part of the roll off after the hand for all the pushers...  if you so decide, one player of all the pushers gets to call ying or yang and a die is rolled by the dealer..  if guessed correctly, all pushers win..  if not, all pushers lose..   turns it into a mini craps table


so you can sit and push all night or join in on the instant gratification

Mon, 08/17/2009 - 17:31 | Link to Comment Anonymous
Mon, 08/17/2009 - 17:51 | Link to Comment Anonymous
Mon, 08/17/2009 - 19:29 | Link to Comment eggy123
eggy123's picture

I think my new ad blocker is blocking hot chick pics. Damn Firefox plugins.

Mon, 08/17/2009 - 20:23 | Link to Comment Gilgamesh
Gilgamesh's picture

Hope it's not blocking the link for the awesome Options education:


In this free bonus report on options trading, you will discover …

  • Why Chris is one of the most motivated and successful traders that Wall Street has ever seen
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Can't believe I've been blindly subjecting myself to risk this whole time!

Mon, 08/17/2009 - 20:19 | Link to Comment RobotTrader
RobotTrader's picture


Mon, 08/17/2009 - 20:20 | Link to Comment RobotTrader
RobotTrader's picture

Hey Tyler, which Input Format do I use to be able to post photos, etc.?

Mon, 08/17/2009 - 20:29 | Link to Comment Tyler Durden
Tyler Durden's picture

check your email

Tue, 08/18/2009 - 05:44 | Link to Comment Alexander Supertramp
Alexander Supertramp's picture

Phew, the universe is righting itself again.

Fri, 08/21/2009 - 21:11 | Link to Comment eggy123
eggy123's picture

Q: What's better, breasts in lace bras, or breasts in full naked glory?

A: Breasts in my face with big giant hard nipples!!!!

Mon, 08/17/2009 - 21:00 | Link to Comment Anonymous
Mon, 08/17/2009 - 22:50 | Link to Comment Tripps
Tripps's picture

robottrader is awesome, hilarious.


keep it up dude

Tue, 08/18/2009 - 09:05 | Link to Comment Thurgy
Thurgy's picture

Godzilla step on market.  Me chinese, me play joke.  Me put pee-pee in your coke.

Wed, 08/19/2009 - 06:02 | Link to Comment Anonymous
Do NOT follow this link or you will be banned from the site!