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So much for the mid 1290's. I love the Z/H crew.
Time to lower margins to 1%
PM margins to 100%
I wish! 2% it is. In the States that is.
And soon, the announcement by Tyler Durden of the ZH poetry contest with the theme: Bidless.
Quick, someone rustle up a couple criminal syndicate Wall Street bankers over at the BlowHorn to agree in perfect harmony that what we are looking at is a "buying opportunity" because "historical valuations are cheap on the S&P" and our "channel checks indicate a strong second half."
"historical valuations are cheap on the S&P"
And that's true, Look CSCO, MSFT, BAC, many other
are near 2008-2009 LOW. Yes there is some high flyers overvalued
internet stocks, but lot's of low valuation stocks as well.
Ummmm...yeah...but usually garbage has a cheap valuation. And also, garbage usually gets even cheaper. I'm speaking about forward earnings projections [and BAC], of course. Downward revisions, on the other hand, are starting to show signs of ramping up. A lot of upside calls being bought up on the CE [Crow Eating].
C down almost 5% as of right now.
You know, you find a nice sunny spot, mix in a few fish heads and dog crap with yer C, stir occasionally, and what you got is some really nice compost.
Great for Victory gardens....especially bean plants which, once harvested, go great with rice.
BEAUTIFUL!!! drinks all around :-)
I see more gold in my future.
We also just picked a shirt full of heirloom tomatoes out of the garden, my C puts are up 227% and I hope to see 36.30ish tomorrow.
Die citibank die.
One of my favorite posters, and well spoken indeed!
Won't be bidless unless we are squidless.
They'll be flirting with the squirting
While they're throbbing as they're hobnobbing
Booock cleanclog the talking parrot, talks allot says nothuing.
Booock cleanclog the talking parrot, talks allot says nothing.
just saw that story on yahoo
Did someone say bidless?
Thanks Tyler. Not that technicals really matter anymore, or do they.
They only matter if POMO really ends.
Check out the outright manipulation in the futures.
Broke the April lows, we'll probably close above it.
PigMen sweeped out all the stops.
your portfolio ought to be up nicely since you said you were gonna short the market with both hands if 1300 broke. and we all know that you are a pillar of consistentcy. riiiiiight. unless you didn't short which is my hunch. LOL!
vz at low of day: check.
hd at low of day: check.
mo at low of day: check.
all red on robottrader's etrade account: check.
gentleman jim sinclair sends warm regards.
I'm beginning to think they cue buy programs off ZH posts.
There you go... ping it back up on trailing stop running
no sweat...stick save.
LNKD up 8%.
They must be goosing the tape to get things ready for the Groupon and Pandora IPO.
You know, I'm seeing something quite different, namely, the Roach Motel [SPY] committing suicide on behalf of tomorrow morning's opening on the S&P.
To each his own, I guess.
better keep that part time contract 1099 processor job given all the red in your portfolio. as itg says: you're the perfect fade.
And back up to 1291..The interns are working overtime this afternoon!
This is somewhat refreshing to watch. No econ numbers to spin, no truth from EUR land, just a technical reality....or should we say that equities are overvalued too!
this is a carefully controlled descent, but i wonder how long it will be under control. some of the euro markets were showing signs of independence today. not the lock step marching with the Dow that we have had the past week
Credit markets definitely heavy. The CMBS market in particular seems weak, though g*d knows how that was ever strong!
Easier to jack up the $indu?
Off topic but noticed the silver article dropped off the front page:
I guess the silver price can be suppressed/manipulated to any price they like as long as physical inventories do not reach zero. Only a fraction of buyers will ever take delivery and the rest participate in the ETF's/derivatives shit.
This is what really troubles me: If China, Russia or even Iran wanted to expose these suppression schemes, they have the financial firepower to do so. They could buy up 30million oz on the comex no problem.
I can only surmise that despite their frequent anti-US posturing they do not have a reason to do so.
What could this reason be?
a) Silver price explosion would be a catalyst for a dollar collapse and they hold dollars as well as operate their export model on dollars.
b) Their anti US sentiment is just another facet of the dog and pony matrix show, and in reality, our elite overlords are a global cabal and don't want to rock the boat.
c) A silver price explosion will happen, but they're allowing it to happen slowly so as to load up on physical, and possibly because any large scale buying as discussed above would be considered by the US as an act of financial terrorism.
d) all of the above
AUD/JPY leading the way. Rallied hard the last 5 min. maybe a rally into the close for ES
Yep, ES trading in exact lockstep with AUD, EUR, GLD, etc.
Same old Wildebeest Herd movements.
to keep from looking at all the red in his etrade account the part time 1099 processor furiously posts at zh in a vain effort to avoid facing his losses.
Got to have a CLOSE below that number Tyler!!
how does ES look versus the risk basket you show sometimes?
Bank of America...is putting another knife in Paulson's stomach....fuck
in 6 minutes we'll know if the lower breach was a headfake
There you go...confirmed. Two year long headfake, indeed. Now that the juking and jiving jig is up, on with the Plunging and Screaming trade!
Speaking of Fukishma... Japan finally admits 3 meltdowns.
Who would have guessed that governments/MSM lie? Golly gee willikers.
Ah, Fukushima. Remember Fukushima?
Good Times... yea...
The PPT's valiant effort to spring the low failed.
TPTB must be getting very nervous.
i thought pigmen always won as you've said hundreds of time at zh? so if the ppt's valiant effort failed then i guess you're saying pigmen don't always win. not to worry though. you're short as you said you would be if 1300 broke. so enjoy your favorite adult beverage on me tonight. LOL!
TPTB are very short.
Wasn't Citi supposed to do well once they did the reverse split? Weren't they only lagging because their price was too low for some funds to buy them? What a joke. Though when the get back to $4 I will buy some.
Hahaha, very good!
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