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Ping is up 45.9% for the year.
For those unfamiliar he was the trader at SAC who was fired for urinating on junior traders, forcing them to take female hormones, and made blowjobs a prerequisite for placing a trade.
Isn't it interesting how that even in the douple triple dip scenario that expectations for stocks are flat to down? Not down, Down, DOWN?
We are careening headfirst into a Global Systemic Collapse.
That's why consumer discretionary names like Fossil are breaking out to new highs....
the market goes up 7% in a month, which would be an annual rate 90% percent, and then wall street screams qe2 because it isn't doing that. these guys appear to want 70% a year. what happened to the idea of 8% a year.
Gates hawking Fossil. Robotraders & HFT bots juicing the stock. Great reasons to buy. lol
George Washington's piece on BP and the eco-disaster it caused is closer to reality than Tilson's view:
haha i spoke too soon...yes we should all take GW's advice on BP, as he's been so right and Tilson has been wrong, lol
really interesting read...I won't touch BP but I will take a closer look at mr softy and Inbev.
I suspect some zh'rs won't like his analysis of BP and the spill.
Wonder who's right? Zillionaire pro money manager or basement dwellers?
Who gives a damn what Tilson thinks? He's just another Fat-Cat Wall Street gambler that's all part of this whole cesspool system.
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