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Deep Thoughts From A 0.925 Batting Average
CG: Hey Zero Intelligence whatchu got?
ZI: What I got is GE is in discussions to swap out its equity stake in CNBC with a 100% investment in Wall Street Pro.
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http://nymag.com/daily/intel/2009/07/moronic_bloggers_is_redundant.html
comment #1 is a hoot(er).
comment #1 is a hoot(er).
TD, that was so bad it's funny!
The shame about the nymag article is the reference that ZH writes so much about GS....I've been reading from close to day one and there is so much more here than GS. Even after 30 yrs in the financial sector, I learn great shit here EVERY day. In fact, some of the vwap stuff is over my head, then again I am struggling with the new captcha as well. Bottom line is that this site is a phenomenal source of information and education. Thank you.
Amen, Brother...
I'll second that. If it wasn't for Zero Hedge I would still think I was alone in thinking the entire market was being manipulated. ZH took it all to a new level.
I left them a nice little Shankyism in comment #2 - they need CAPTCHA. How boring.
#2 iz even better!
#2 iz even better!
most of her blood is definitely not making it up to her head
What do I got? What do i GOT ????
I got MCC's boobs in my face.
That's what I GOT !!!!
Sorry OT as to TD's link. Yes this guy's got the facts.
Didn't hear about the Muslim dudes before. Hmmm.
So why did we kill the Dubai Ports deal?
Bush v. Obama ?
Uh...I think he batted 1.000 in that video. I need to add him to my fantasy baseball roster.
google her name from that first comment and not only do you find a spelling correction but you find a hilariously named image on the first row: http://cnbcsucks.files.wordpress.com/2008/06/trampy-michelle-caruso-cabrera-with-some-mexican-chick.jpg
mmmm...some chick.....mmmm...rack...
4:13's my fav hit, guess his kids don't need ANY of their toys, they were probably the poisonous one's from China, hail to MS Compensation, yes they need to HAIL BULLETS! And you couldn't pay me to watch Obama tonight, I'm watching Susan Boyle, God Bless Her, it's good to see someone come out of poverty.
By the way, the whole toy Pb (lead) issue is F ridiculous. In my previous life before going for fin, I did some QC/Chemical analysis. The cost to check the batch of toys would be $90-160 with the outside contractor and even cheaper in house.
It's a f. shame. I also should mention that we were overdue by 2 years for FDA check, which shows you how understaffed they were/are.
I'm thinking Tyler is supplying this guy with an endless stream of toys. 5:37 was out of the park, opposite way. Now that's a power hitter!
Naw.. Cruise the flats and you can get tons at garage sales or the curb for nada.... This is the flats residue from the era of fail to clear trades blowing back through the DTC...
Jesus,
I love this guy.
TD, can WSP be a permanent contributor to the site?
Pretty please - his man on the street perspective is too funny.
Somewhere in the USA, someone is really pissed in a very amusing way.
http://img99.imageshack.us/i/3040908dp5.jpg/
http://img99.imageshack.us/img99/2733/3040908dp5.jpg
"This silver will not restate earnings or need a bailout" hahahahah
We need this guy to do weekly videos.
ZI, What you got is many things, but what you got is not what you have.
You don't have what you got.
You have one choice. Shoot to the Corporatist system. Cause thats what you got.
Pork and beans foo
You gotta give this guy credit, he does have a good memory for economic statistics. He know more about the state of the economy than 99.9% of Americans.
Yea same here. Some people here rag on this dude like hes a dumb hick. Im like, guys, seriously I wish everyone in america was as smart as this dumb hick. We would literally have a revolution tomorrow.
Couldn't agree more.
This Guy is far from being a dumb hick.
When can I order a new ZI hat, huh? I wanta be the 1st.
It is funny to see some real 'market' sentiment for a change.
WallStreetPro is my hero! While ZH caters to the folks who don't suck at math, WallStreetPro is understood by those that play the lottery. This is a link I can send to friends and family.
Thanks to ZeroHedge, Mish, The Market Ticker, and some other blogs, I am 100% money market in my 401k since the new year. I just trashed a letter marketing a different 401k position. Its the third I think I have received this year. I can assure you I am not alone at work either.
You make a difference TD. And for perspective, this is one of the most significant historical events in the history of modern humanity. And because of the nature of technology, every play by play will be at the query of future historians. You sir, will be known by young'ns for many, many years to come.
God Speed,
Cooter
I have never really posted before. But I just want to say one thing to the shorts: There is no way to win. The majority of Pension funds, 401Ks and others are invested in the stock market nowadays. If stocks crater, a few bears might win, but the vast majority of pension plans will be bankrupt, with large deficits to be made up by increased taxes etc. There will be serious repercussions around the nation. There is no way the US Government will let stocks fall below a certain floor. No way. Call it manipulation, or what you will, but that is a fact. Not saying people have to go long either. Just do not go short. The bear market bottom at 676 has been made. This is obvious to everyone.
Listening to doomers and fundamental analysts etc is pointless, at least if you want to make or preserve your money. The market is nowadays driven by political realities.
I wonder how many posts like this one I could find from when the Dow was 5 digits...
and when nasdaq was half way there...
anon #12392,
how do I phrase this in the most polite yet direct way possible? you are totally fucking ignorant as to what is going on around you in this country. either that or you fail to understand the downstream impact of where the real US economy is headed.
If you are short, then I can understand your frustrations. But, seriously, how many people have made money by basing their investment decisions on the material presented in this site? How much have they lost? Everything comes down to politics. When Obama met the bankers on February 20, before the G20 meet, he was promised that his reelection would be fully funded if he could back off on regulating Wall Street, and keep the TARP programs going. The quid-pro-quo is that Wall Street promised that they would help put a floor under the stock market, so pension funds do not go broke, and taxes do not go up dramatically with plenty of angry constituents. Once the handshake was made, and Obama was good on 2012 promises, the floor was put in. Anyone who ignores politics, ignores the reality. Invest accordingly.
I actually respect your line of thinking.
Not sure if it is 100% true but aspects of what you say make sense.
It has long been a thesis of this site (back to the day of the state street has a government run black box) that the government is intervening in the market. You take this thought and run with it.
I am not sure the bottom is in. What i am sure of is the government has a vested interest in making sure it is in.
To all those who believe that fundamentals will recouple with the cycle and drive us below the lows of March, i agree with you on a fundamental basis. But their are a lot of interests being served here and fundamentals are close to the bottom of the list.
lizzy36,
i definitely believe there is a govt vested interest in making sure the bottom is in. but the bulkheads of ss "free markets" are creaking and groaning (1 in 6 Federal budget dollars now goes to service interest on the national debt) and, from a sustainability standpoint, the govt and Fed are almost out of proverbial bullets, IMO.
anon 12437: not frustrated at all. 20% of my capital committed to these equities markets (which is all you need to know). My statement was merely pointing out that you are totally ignorant of what is going on at the ground level in this country and around the world. In this country at some point, enough of the status quo (which will be horrific for the masses) will be enough. Our federal government derives its authority from the Constitution, the states and ultimately, the citizens. When enough of them are screwed, cold, homeless and hungry, then change will happen. Any politician who ignores the mob getting angrier and angrier, ignores future reality. Sure, I suppose the Feds could impose martial law. Is totalitarianism what you want or think we need? Now back to your latte or martini, whichever it is. Have a nice night.
So the markets can never plunge again, eh?
The Working Group on Financial Markets, a/k/a the Plunge Protection Team (PPT) has been in place for over 20 years. What do you suppose they were preoccupied with Sep-2008 until Mar-9-2009 that the crash was allowed to proceed for months? Didn't they care about 401k's then?
Your omniscience is awesome.
a. who says we live in this country
b. because i actually do, who says i can't find ways of finding my money out of here when i do leave and get around the Heroes Act.... damn Heroes Act...
c. gimme a break. but welcome to posting on this site.
You mean, "The market is nowadays driven by.." Executive Order 12631 (political reality for our capital markets)?
Wait wait. somethings different....OH i didnt have to use the calculator! Wheres the CAPTCHA it was just gettin fun1!?!?!?!?
Thank God! I HATE captchas. Marla told me something like this was going to be done for certain "approved" users.
Here is a man who would not take it anymore,
A man who stood up against the scum and the filth...
Check out this guy's other rants. He's been doing it for a while and really understands what is going on.
Note the lack of a teleprompter!
Unlike "President" Obama.
Tyler,
I really hope you read this and get the word out on this web site. An ominous sign regarding the US. I understand the site is dedicated to information financial but any of your readers in the US should be genuinely concerned about the exercise described and its implications for the freedom we take for granted. URL: http://www.fema.gov/media/fact_sheets/nle09.shtm
Thank you
"Oh everything's goin' be okay though, we goin' have a fuckin' 2nd half recovery".
I love it, he's great!
That fucking recovery has been going on in half yearly lockstep since 2007. Every half a year, a gynormo asshole comes on TV and predicts that the recovery is imminent. What is so fucked is that it is getting worse and worse.
This guy and everyone else has benefited from the generation long credit bubble. We've had it easy. You see his real anger is at the inequality and that is the right place for it to be. The administration has been convinced that the anger will be dangerous if all our incomes go down so they have signed on to the trickle down theory one more time. The biggest danger however lies with the injustice and inequality of having an oligarchy. Danger lies either way of course.
Show me what a safe course from within a cat 5 hurricane looks like. There is risk in everything, including doing nothing.
I want to see this guy and Geithner in the Octagon.
That was - AWESOME! This guy needs to run for Congress.
That is totally the best idea!
I'd be willing to bet the Secret Service is looking for this guy. He is spot on though.
I swear that guy does not miss a swing. The Mets should sign him up!
That was awesome and gave me an idea...There has to be a play using california bonds bought with dollars and leveraging the iou's that I get back (because they are AAA) and there are no rules on margining the IOU's yet........mmmm...if I can just get my hands on an algorithm and a few friends in congress for a few slight rule adjustments....
You jest, but CA IOU securitization is certainly well underway somewhere right now.
I will buy that guy a ZH hat, cup, sticker (and shirt when available) if he wears it while doing his great economic & market commentary.
Late thoughts...hitting critical mass in this country is very hard regarding a change. Dearest Leader got very close with his lingo....we can have fun here watching this man/video who is a hoot time after time, but when it comes down to it, changing hearts and minds is very hard. I know, I tried.
Tyler you're doing a great job. It seems you don't sleep much nor do the rest of the team.
Please note that this guy is a true switch hitter. (Not in that sense sicko!)
Left or right, inside or outside, he connects with every swing.
that was one damn well informed infuriated redneck ..rightly so ..one of the most intelligent economic discussions ( well a soliqouy) I've heard in months and I trade every day and read and listen to alot ..good for him ..hope it goes viral..
calling him an informed redneck is a non sequitur...his "redneck" look is no different than intelligent girls putting on a spacey or dumb blond routine.
I don't think Br'er Goldman nor Br'er Sachs need be visitin' the United States of Georgia any time soon. Well least not long as Mr. Pro squeezin' the handle on that there baseball bat... no sir!
WSP is located in North Carolina.
No no no, honey - far as I know, there ain't NOTHIN' lay outside the United States of Georgia. You must done got me messed up with some other movie.
Them dogs just can't get enuf of them 'heels
I tell people stuff like this all the time, and it is interesting to see which demographics respond.Most are still
in denial about how evil the oligarchy is..but as they see more friends and family lose everything, they are coming around.We desperately need people to foam at the mouth and go nuts on their representatives...it would be a nice start.Also boycotting the MSM and the major advertisers.There is much we can do...spread the truth, and hope we can eventually prevail.
Forget boycotting the MSM, just stop payment on everything and refuse to keep deposits at banks. Why boycott when you can just stand up and tell them to stick it. What can they do? Refuse credit to everyone? Seize every assett? Ya right. Most folks just do not have the nads... yet. Peaceful noncompliance.
...going nuts on their representatives, would be good, but getting a group of non-corrupt new blood to replace all the already corrrupted and bought out elected officials is really the only way we will have real change. When people realize and articulate what a joke the whole "change" platform was last go around, they will insist on certain things that will ensure no more ''paid for by the oligarch financial system' politicians, anti-trust issues will gain traction and we will all live happily ever after...yea, it sounds like a fairy tale, but we have to make it happen.
citing the "24 trillion dollars obligated" figure clinches it. this guy pays attention.
Welcome to the flats motherfuckers! Folks forget that this guy and the rest like him are the Infantry, Marines and the folks that serve peopple their food and fix their cars. So much for the mail order, huh TD.
That's one angry dude, but he has a point....
Out of 65 comments, 29 of them are "anonymous". How about all you lazy a$$holes create a name if you're going to be posting here regularly!
Is that really so much to ask?
Kudos to WallStreetPro on another excellent video...........
So NOW we know what Tyler both looks and sounds like when he is away from a keyboard.