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Well that is our show for today folks. Tune in Monday for another informative episode of Baking with Ben. Our guests will be Timothy- I do not monetize- Geithner, who will demonstrate how to cut and fold stiffly beaten egg whites into a cake batter using a salad fork, and, Sheila- no matter what happens- Bair will show how to frizzle in a toaster oven.
And remember, just because something is half baked does not mean you cannot swallow it.
(crumpetwithtea thought this was tasteless. She has not liked me since I blogged her I thought a leavening agent was a spy with gas. You would be surprised how much humor an old lady can pack into a garbage disposal.)
Why Timmy stick with his 'No Plan B' formula?
Don't forget yeast raised Rham with the emulsifier!
"Additionally, analysts are now forced to actually really ramp up their expectations"
never knew "analysts" were crime victims
thought they were perpetrators
learn a lot on this site
With the right amount of hopium one can visualize anything.......
spy under 104 and spx under 1039 - and cramers head exploding on the 4 whatevers of the nasdq taking a collective dump.
Sometimes a dump can be so relieving cant it...I mean stocks....err uhhh yeah...
Loved it Sec.notSure - hilarious !!
Off topic, but heard something about govt lending directly to small business.
Anyone else? Or maybe im losing whats left of my mind.
CIT could file this weekend. No need to bail out if the fed is primary lender.
obama pushing banks to lend more (they won't). look for the sba to start lending directly versus the current paradigm...... subprime business loans coming up.
I fear that you're correct, dh. I am always dumbfounded when policy makers believe they can manipulate and outsmart markets.
The gyrations of "visualizing hope" versus reality (this is funny, as I suspect most of us at one time or another in our careers have in their own way, experienced it). We all have been wrong. In fact, probably we all have almost blown ourselves up a few times over the years. A bad trade, investment or macro thesis -- usually develops like this, whereby, it always seems to "mask itself" inside the definition of HOPE. Here's what we've learned. A bad trade usually starts off like this: (1) Oh, it's OK. (2) This is not good. (3) This is bad. (4) This is really bad. (5) This is DISASTEROUS. (6) I think we're almost out of business. Moral: Learn from other's when they tell you to use stops, to be disciplined, and to liquidate a bad trade or thesis no later than step #3 above. HOPE doesn't really have a place in successful investing. Lastly, the majority of analysts on Wall Street are sheep, not cutting edge, forward thinking minds protecting us from "visualizing hope." Funny... I can still remember those trades after 30 years (taste them too). Good luck everyone. Have a good weekend. Special thanks to Tyler and ZH staff also.
great words of wisdom AR. thank you.
Well done Sir.
"HOPE doesn't really have a place in successful investing"
or regulating, prosecuting or governing
I can still remember those trades after 30 years (taste them too).
OUTFRIGGINSTANDING stuff AR.
"MARK IT ZERO, DUDE"
Companies will try to squeeze the sponge to wring more EPS on flat or declining revenues for only a few quarters....then it's put up or shut up...
This is very enlightening! Nice idea!
It is going to be fast and brutal. There will be one last pop, and at the top of wave 2 of P3 (using EWT terminology for simplicity's sake) will be the last exit for the longs and if they fail to take that opportunity......sorry. We have screamed loud enough and long enough. Maybe the web is a reliable source of information afterall. (IMO, the digital dickweeds day (months/years) in the sun.)
kenny and the crew at his site are great....i always read your stuff shanky.
OMG, earnings = FASB ect. Do we still think Co's are not cooking the books. See IRS anncmt on greater Co audits to collect 350 B this year. Once they get done with payroll errors (ha), they will notice bigger errors.
i'm visualizing world crap......
Hope is for dopes. VIX over moving averages, asset correlation up, munis on the edge. Look out. Tired of DC Happy Talk.
Sooo, how's that hopey changey thing treatin' ya?
Could someone projecte and extrapolate me a pony while they are at it.
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