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O-Team Cranks Up The HELLBOT to 6th Gear Pinned
Obama was on the stoop once again, and to avoid embarrassment, he ordered the Goldman Prop Desk to show "who 'da boss" by cranking up the Spoos to get the greyhounds moving.
Especially the regional banks, which suffered another bout of credit card chargeoffs and rapidly deteriorating commercial loans. But the orders were given and the RKH was bottle rocketed at the end of the day:
Hi-Fi traders continue to daytrade these stocks which are in uninterrupted meltups:
Meanwhile others got killled today with Citicorp:
Obama "I'm The Boss" fighting words wreaked havoc on the HMO's:
But no worries, that money simply rotated into some low-priced junk stocks of companies within a hairsbreadth of bankruptcy, like Maguire Properties:
And another HeatMapped loser: Martha Stewart:
Amazing to watch the "worst of the worst" like car rental companies and mortgage insurers rocket to new 52-week highs:
Nothing but Gambling Fever run amok, spurred by on by the Program Robots running full out in high gear....
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It's all about the once famous, now retired ballerina (rahm emanual, clinton's former chief of staff, now obama's chief of staff) and all the new keynessians (wanna be puppet masters) on the O-team.
O-TEAM DONT LIE!!!
very nice article RobotTrader !!!
Thanks!
WOW
Robot's obligatory babe watch - may no post be deprived of it. BTW, I like the one in the middle...
Seriously - good stuff mate - I'll be grabbing puts on all of those like the bearish crack addict that I am.
That picture in the middle must be old. I found a more recent picture of the blonde wearing heels on the left. She didn't age well
http://ladybunny.net/blog/uploaded_images/getmsg-4-748915.jpg
On another note, BBI closing almost 1000 stores. Surely such a cost cutting measure ought to be worth a 15% - 25% rally in coming days.
I don't know, I think she aged pretty well, like a raisin in the sun.
ROTFLMAO!!!! If that is not a warning to women who have breast implants, I don't know what is. :-)
Sardonicus,
My wife thanks you. I have lost all motivation for tonight.
Oh crap - I won't get it up for a week now.
that pic needs a warning.
that pic needs a warning.
i have been scared for life. my eyes will need some time to recover.
Pink wil Never be the Same.
Thanks a lot, you just ruined my breakfast.
You mean breastfak
Tells you what kind of market this is when Citi tanks because the gov't hints it wants out (ie. goodbye moral hazard backstop from hell).
That blonde is hot hot hot
Uuuuh...
the Blonde on the left?
the Blonde on the right?
OR the Blonde in the middle??
Please be more specific.
Here are the top gainers today:
http://finance.yahoo.com/gainers?e=us
I noticed that small oil & gas, biotechs, and alternative energy are heating up. There is tons of liquidity out there. Watch when the Dow breaks 10,000 - PARTY TIME!
Funny, I was on the road last week and was forced to turn on CNBS in the morning, and there was actually an ad for some online trading site or another, and it was advertising its heatmapping function. Sad commentary on the market today. this is not going to end well.
Yes.. Blockbuster closing 1000 stores. There will be several real estate BLOCK parties to celebrate the event. The Dow will jump by 1000 points alongwith the fun !! haha
any publicly held flea market companies out there?
C down 20% in five days. Normal way for a blue chip bank to trade.
I'm new here I was trying to foreward to tyler for review,,, I'm not a big conspiracy nut but I found this rather too coincidental...it might be nothing , but yet... TYLER please review it and see if its ok to post... warning...its from a "KINDA OUT THERE WEBSITE"
September 15, 2009
Russia Reports Obama ‘Hit Team’ Taken Down In New York, Top Leader Suicided
By: Sorcha Faal, and as reported to her Western Subscribers
Frightening FSB reports given to Prime Minister Putin today state that President Obama has survived yet another attempt on his life after loyal US Federal Police Forces destroyed a CIA-Mossad terror cell in an early Monday morning raid in New York City hours before the American leader was due to give a speech on Wall Street and which they had intended to target with both explosives and gunfire.
According to these reports, shortly before this past week’s other attempt upon Obama on September 11th (and which we reported on in our September 14th report “Obama Assassination Plot Fails As Full Terror Alert Hits North America”), the US President was contacted by Israeli opposition leader, and former Mossad agent, Tzipi Livni, [photo 2nd left with Obama] (Livni has been working in concert with Russian counter-coup forces in their attempt to halt the present right-wing Israeli governments and their Globalist allies effort to plunge our World into Total War) who warned the Americans about this new plot.
Upon their receiving this “crucial” information from Livni, these reports continue, forces loyal to Obama were quick to react in first targeting the “money trail” financing these rogue CIA-Mossad terror cells by the suiciding of this cell’s “Israeli-Taiwanese money man” Danny Pang, their “Chicago money man” Christopher Kelly, their “East Coast moneyman” Finn Casperson, and, most importantly, the main financier and “conduit to the Globalists” James McDonald, chief executive officer of investment management firm Rockefeller & Co which was established by one of the main architects of the New World Order, John D. Rockefeller.
[Important to note are the true origins of these factions currently embroiled in a “war to the death” which we had previously detailed, in part, in our September 9th report “Obama Unleashes Feared And Crushing “Tytler Cycle” Upon America”.]
These reports also state that Livni’s actions were based upon her fears over the growing push for these rogue CIA-Mossad factions to engulf our World in Total War after Israeli Prime Minister Netanyahu’s “sudden and secret” trip to Russia where he threatened President Medvedev (see our September 10th report “Israel Warns Russia “We’ll Bring Whole World Down With Us”) after being refused his “demand” for the return of documents and evidence linking these terror cells to a planned nuclear attack upon the United States, and which these “rogue agents” attempted to destroy this Sunday past. (see our September 14th report “Russian Military Base Holding “True Files” On 9/11 Brutally Attacked”)
After the loyal Obama forces suiciding of those responsible for the financing of these latest attacks upon the United States, these reports state, American Federal Police Forces were successfully in raiding the “safe houses” of this CIA-Mossad terror cell in New York City and were able to successfully thwart this latest attempt to bring down the President, and with him his Nation.
Upon the thwarting of their latest plot however, these rogue CIA-Mossad factions quickly struck back against those forces loyal to Obama by their releasing an overt threat through their created and controlled faction al Qaeda headed by the “CIA concocted figurehead” Osama bin Laden wherein this “mythical al Qaeda leader” warned that Obama was “powerless” against them.
heres the link, its at the near bottom of the page...
http://www.whatdoesitmean.com/index1276.htm
hope its ok.
Sounds like pure BS. Created by lefty loonies to generate sympathy and allow them to gin up the race card.
But, of course, you'll know it was true if it happens to make the MSM circuit other than FoxNews.
Kwvrad: Are you buying or selling?
neither, I just visit both sides and the middle trying to navigate these crazy times...
oh yea, I'm currently on the sidelines, too many big boys gunning this thing
and I know better not to try and figure them out.
The link is dead.
Do yourself a favor and google her track record as David
Booth internet hoax queen profiled by snopes for disinformation as far back as 2005.
Last month she had Michael Jackson assassinated
by CIA. Next month it's the end of the world (yet again).
I would say it is complete BS, but then I never heard about the peaceful protest in D.C. this weekend until I turned on my computer on Monday. I have never felt disenfranchised and used to heckle conspiracy theorists, yet the MSM is definitely surpressing stories. Doesn't mean this one is true, but I discount nothing now.
The author, Sorcha Fall (not her real name), posts all kind of conspiratorial garbage all over the internet -- and I mean that with no disrespect to honest journalists whose investigative work has uncovered legitimate conspiracies. "She" is widely suggested to be an alter ego of David Booth. His/her work is, for the most part, extremely silly. He's either a govt disinfo agent, or a major loon with too much time on his hands.
Mybe she/he can become a contributing editor here on ZH
All pure BS...1) the Mossad wouldn't do "it" with the CIA especially on US turf,
2) The Mossad wouldn't miss.
Hmm..so the O-man tell the GS prop desk to gun a/the banks (regional or otherwise) on any given day...
I assuem that helps them with capital ratios!?
I mean it ain't necessarily incremental cash in the bank's pocket - there's Helo Ben and Timmah for that.
Pete
Someone is watching way too much "24".
Nope, just seen/done alot through the years, and learned the hard way.
I sold my "all in" AIG that I purchased at 55.90 and laid it all into RF. I think I'll make up the loss pretty darn quickly. Jim Cramer seems to think everything is okay.
I'm getting pretty good at this trading thing. I sure do hope CIT comes back soon.
The RF CEO says the worst for their loans is over. I believe. I think he also wants to be a force for good.
Marlow, your counselor, told me he gave you better advice than that. To go back to the session--think deep, think about what really matters as Marlow advised. He told me that he told you (yeah, he breaks doctor/client privelege on occasion) to just go long Wynn last week. Now what the hell are you doing with CIT and RF--he warned you that CIT just means Cat Infested Town, and RF is a mini-acronym for Rat Fucker. Now DH, we love you...just remember, the counselor is available at all times with astute advice. Today, he bought the SRS at 9.52. Little paw just pushed on the mouse and we owned it. We'll see if his talk is as good as his trading.
http://www.paulboretski.com/marlow.htm
My retirement plan is....everyday I eat a little bit of cat food so when I retire it doesn't come as too big a shock to my system...
And I thought I was the only one!!
Blowing up asset bubbles is not a good way to make a living, but that's all they know.
Maybe someday some missionaries or Americorps volunteer teachers will teach them some useful skills.
This market looks and behaves just like the Tech NASDAQ Bubble of exactly ten years ago!
Down at the open, then sideways and up into the close almost every single day for months. Boy the action of a stock or market bubble is truly amazing to watch! I remember looking back wondering how I got sucked into it. But what was worse was once the market broke down, I was so physiologically conditioned that even after I sold out I would habitually come back into the market thinking the market or a stock had hit a bottom.
This physiological conditioning of playing stock markets bubbles becomes an addiction. It truly becomes a gambling addiction. "Crap stocks up 200% to 400% who cares! Some other sucker will get burnt holding the crap not me!"
Post of the day. No question, this is just like the dot-com liquidity bubble Greenspan created with all the Y2K cash.
It reminds me a lot of the fall of 2001, also a stimulus-induced mini-rally, where day traders bought up beaten-down names because "this thing is going back to its 1999 high". At least the dot-com bubble had new names, this rally is based on the belief some of these broken business models (like, say, ABK) are going back to their bubble highs. Just like people trading PEOP and the like in fall 2001.
Robo...thought of you and your penchant for Irish banks....from this evening's wsj.
Ireland to detail plans for distessed banks.
Tracts of unsold houses speckle the Irish countryside and unfinished high rises sit amid a forest of idled cranes in Dublin. The Irish state may soon be the new owner of many of these not-so-choice properties. Under a bold and expensive plan to be formally introduced in parliament Wednesday, the Irish government intends to buy property loans with a book value of as much as €90 billion ($132 billion) from struggling banks to shore them up and bring liquidity to the financial system, which has been stalled by a burst real-estate bubble and a recession among the worst in Europe. Bloomberg News Cranes stand idle on a commercial building site by the banks of the River Liffey in Dublin. .The plan has stirred pushback from opposition parties and some economists, who argue that taxpayers may be stuck with costly losses and that it represents a bailout of the very developers and bankers who got Ireland into its mess. "Asking the taxpayer to take the first hit is not fair," says Richard Bruton, a member of parliament from opposition party Fine Gael. The bill will face a tough challenge in parliament; the ruling Fianna Fáil party doesn't have a majority, and support among its coalition partners is tenuous. Bad bets on property have decimated the Irish banking system. In the past year, the government has injected €7 billion in capital into two leading banks, Allied Irish Banks PLC and Bank of Ireland Group, and it nationalized Anglo Irish Bank Corp. -- known as the "builders' bank" for its munificent lending to Irish developers. It also guaranteed nearly all bank debt. But all that hasn't been enough. .Ireland's plan involves setting up a state agency, the National Asset Management Agency, to buy property loans from banks. Banks would hand over all their land and development loans over a certain threshold -- good and bad -- to NAMA. In return, they would get government bonds, which can be turned into cash at the European Central Bank. Allied Irish, Bank of Ireland and several smaller lenders are expected to take part. A Bank of Ireland spokeswoman declined to comment. Allied Irish didn't return a message seeking comment. A major question, which Irish Finance Minister Brian Lenihan will answer when he unwraps the plan Wednesday, is how much Ireland will pay the banks. The loans have a book value of about €90 billion; analysts expect the government to demand around a 30% haircut, meaning Ireland would pay around €60 billion for them. "The level of the haircut is going to be a key thing," says Ben May, an economist at Capital Economics in London. A small haircut, he fears, might make markets skittish about Ireland's debt and force the country into even faster fiscal tightening to bring it down. Mr. Lenihan, whose governing party is very unpopular, is in a tough spot. Pay too much, and the extra debt will burden taxpayers. The Celtic Tiger boom of the past decade put Ireland's public finances in good shape -- it whittled a debt load of close to 100% of gross domestic product in the early 1990s down to 25% in 2007. The government projects that will rise to 59% this year, not counting the NAMA notes; those could push the figure back above 90%. Pay too little, and the banks might not be sufficiently capitalized to restart lending. "NAMA is about insuring that our bank balance sheets are cleaned up, that our banks can lend it to the economy again," Mr. Lenihan said in a radio interview last week. "This has been done in the United States by the Fed, it's been done by the Bank of England in the last year, and we're now behind the curve on all of this and we can continue to have this protracted debate or we can decide to get on with it." Once the state has taken on the loans, it has to figure out what to do with them. Many are presumed to be deeply delinquent and will need to be foreclosed, making the state the landlord. "They are going to be involved in selling and developing property, as a government, for many years," says Karl Whelan, an economist at University College Dublin. He is skeptical of the government's argument that it might make money if the property market comes back. Government officials argue that NAMA will pay for the loans by issuing bonds that, for now, will have interest rates around 1.5%. Mr. Whelan says that is of little concern. "If these assets end up being worth 30 billion [euros], and we paid 60 billion [euros], the fact that we did it with a note with a low coupon is besides the point." Write to Charles Forelle at charles.forelle@wsj.com
WFC today: Sep-$30-calls and Oct-$25-puts. Maybe an expectation of pump and dump.
Hm, it seems something may be not quite perfect with a regional bank - despite their stock breaking out today?
Moody's reviews M&I for possible downgradehttp://www.reuters.com/article/marketsNews/idINWNA349520090915?rpc=44
I have no idea what this means. Stock moved over its 200DMA for the first time since 2001, and broke out of a cup&handle with a perfect double bottom. I don't see anything but green shoots; can someone explain what analysis Moody's might possibly be using to go against the grain so much on a screaming buy?
my take is that the moody's call was known, it was run up to dish off the crap to the suckers.
see 70521's post below...well stated.
see also AIG over the past few weeks. and CIT. and C...RF, the list goes on and on. I can't even remember half the symbols from the dot com era....
After reading my post, the sarcasm really didn't come across well if at all. I've got a big bet against MI, as I believe there's a very good chance they fail if they can't get raise a heck of a lot of capital soon. But with Moody's coming out now and squashing a potential notes offering, there's only a stock secondary left. Very interesting timing on this announcement (were they reviewing a potential big debt offering and saw they had to get out in front now? MCO is in the news a lot lately). I have to think Moody's will hit other regionals with big CRE, while the IBs work the stock prices for the next stock offering. And someone out there keeps buying, even though these are not TBTF and no hedge fund heroes were buyers.
Edit: Puts now OOM, thanks to the coming Fed (taxpayer) CRE loan bailout. Insolvent banks to the moon! And here comes the AIG/FRE/FNM money right now?
CAR is hilarious. Just in case any human thought they were going to get a double-top, HAL-9000 made damn sure that bid went marching up all day. Relentless.
I am not ashamed of my 33% profit on CAR - from $0.60 to $0.80 in January....
There it is: pump and dump. I was thinking about that exact phrase earlier today. I got started in 1980 in Denver when Blinder Robinson was pushing out bogus penny stocks. Meyer Blinder eventually went to prison and then died.
What really gets me about the Big Banks stock rally is that it's the exact same modus operandi as the penny stock scheme. You talk up your stock to the moon, create a feeding frenzy based on distortions and lies, keep the propaganda machine smoking at full tilt -- and then you distribute your own stock to the suckers.
Then, it crashes. Pump and dump, from 1980 Denver to 2009 Wall Street. No difference really -- just bolder and with much bigger stakes.
yes, 1999, greenspan was king, clinton survived monica gate, abby cohen was goddess, we had fun and I was a bull then....
Yea I heard they got to Patrick Swayze and Jim Carrol too....oh and that chick at Yale also
Scary!
RobotTrader u r seriously the awesome.
Keep em' comin.