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Steve Grasso Gives Caruso-Cabrera The HFT Smackdown. Hilarity Ensues
Do you see what happens Larry when a CNBC anchor and a trader discuss a concept that is not prominently featured every day on Page 6? The punchline from Steve Grasso: "Michelle, I love you despite not having common sense on this issue." 4 out of 5 moronic bloggers would certianly not be so generous as to add the the last qualifier. But yes, when even people MCC, whose "talents" are elsewhere, become trading pundits, you know the end of the trading world is nigh.
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Yep, Paulson is a made man. We'll see if his trading backs up his mouth.
Like CNBC ordered the rosetta stone on finance, and all these meatballs took a crash course. When in doubt, shout it out.
Does Steve Grasso have to slap a bitch?
She won't like it unless she feels like she won this round of The Price Is Right
Sometimes the best thing to say is nothing at all.
Better let them thinking you are an idiot, rather than opening your mouth and leaving no doubt.
I think if you inspected her mouth you would find partially chewed hay and large chuncks of apples.
I have to say that that was probably the funniest comment I've seen, except for maybe the tranny one. LOL
"who gets to be human"?
priceless!
this bitch at cnbc just drives me crazy, she is the worst of all of them!
glad that here in europe we just have a debt crisis... :)
I think what you are seeing with guests like Sylvian Raynes slapping down Cramer and Grasso's "not having common sense" comment is pushback from guests who realize the seriousness of the issues at hand and fighting back against the talking heads.
I have no doubt that the line up on CNBC within the next twelve months will change from these jokers to people that are actual financial people.
I have a CDS that says 1) Erin will be gone in one year, 2) Cramer even sooner, 3) Lies-Man before Cramer and Michelle has less than 60 days.
I don't know about Erin Burnett, she's part of the Council of Foreign Relations (a member wiki her name), she might be moved on to bigger and better things. Cramer is at the end of his usefulness, because essentially all his theories will just fall flat when everything tanks, what will he do then say that it's a buying opportunity. Michelle Caruso Cabrerra, she's okay but she's only for eye candy and thats it. There's a reason why they keep bringing Mandy Rogers from Australia to the US, she's going to be the new eye candy to replace Michelle, just wait. Also the British guy who has been over here as with Mandy not covering for anybody is going to take the place of someone to, I think it will be the idiot on the noon hour who has glasses (forgot his name). Sue Herrera will stay just a little longer to act as the mother per se, but if it wasn't for that they would have moved her to a desk or out. Remember Comcast owns them now.
Where have you gone Louis Rukeyser...
He went long on dirt naps. Miss that old bugger
tyler...have some articles on dark pools...
Gold is for dipshits.
Everything else is manipulated but gold isn't. Reference the first Comment on this blog by CapitanNemo.
enuf said.
"Who did the penny print benefit?" How bout the market maker for the stock. Is accenture a NYSE stock?
"We didn't reduce liquidity. The average is one second for price discovery." Huh?
"HF guys cancelled their orders. The NYSE were always here defending the buy side. That's what they do, that's what we do. A machine can't stand up to a bid. It cancels when it sees an onslaught. Humans react. That's why we're here..... We're down here fighting for the retail investor everyday."
If the NYSE guys were defending the bid, standing up for the little guy, why do all the NYSE stocks that I've looked at show a deep "V" drop at 2:45 last Thursday? The best you can say is that NYSE was overwhelmed by all the selling on Thursday. I find that hard to believe. But if true, it suggests they don't have the resources to maintain an orderly market. Or they mismanaged their book in the weeks/days/hours leading up to Thursday such that they weren't prepared. It also suggests that when the 401k's decide to sell, Thursday's drop will look like a dot on a chart, kinda like what the 1987 crash looks like on a yearly chart. The worst you can say is that they are thieves, but that is a known fact and not a new observation.
As fingers started pointing to HFT's, I had a feeling the NYSE guys would pile on to take advantage of the situation to rip the HFT's and divert attention away from NYSE. Grassooo's appearance and speech was expected and he probably spent more than a little time practicing in front of a mirror and in front of his buddies. He actually called out MCC from off camera to get it on.
gold = tulipmania.
you don't see it now because you are caught up in the euphoria of an asset bubble forming.
and after everyone piles on, exactly who is going to be buying your gold from you?
no one.
because the central banks are not returning to a gold standard.
and all the goldbugs are not going to be able to create one.
LOL.
The above is true is you actually think seriously about it.
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