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Blast From The Past - 6 Years Ago Today...

Tyler Durden's picture


Six years ago today, with the S&P 500 around 1460 - having risen 20% without a correction for seven months - a handful of Wall Street's best and brightest joined CNBC's Larry Kudlow and Bob Pisani to discuss the Goldilocks economy, why the bears are wrong, and where the market is going next. Sometimes, we just need a reminder to snap us out of that recency bias... for example, Bob Pisani: "We have got a global rally going on... and the important thing is... there's a floor to the market - every time, for the last seven months, they sell the market down for 2 days, it comes right back."



Ralph Acampora: "I'm bullish, but I don't think I am bullish enough...there's new leadership"

Larry Kudlow: "Goldilocks kicks some more butt and the bears of the last four years are wrong... as they climb the 'wall of worry'"

Bob Pisani: "Transports have been rallying - as the disaster that the bears keep talking about hasn't happened... When you are in a global expansion like this, to foolish."

and our favorite:

Bob Pisani: "People who keep talking about this real estate bubble don't understand... there are 3 things that bring down real estate markets: 1) the economy falls apart, 2) liquidity is withdrawn, and 3) supply overwhelming market - NONE of that has happened."



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Fri, 02/08/2013 - 19:50 | 3227588 IridiumRebel
IridiumRebel's picture

Bunch a fuckers....we will be well below 10K Dow very soon....stay frosty.

Fri, 02/08/2013 - 19:59 | 3227620 insanelysane
insanelysane's picture

This time is different!

Fri, 02/08/2013 - 20:06 | 3227640 IridiumRebel
IridiumRebel's picture

DOW 2013: This time its rigged!



Timothy Gheitner as "The Manipulator"

Barack Obama as "The Trutth Twister"

Larry Kudlow as "The Retail Inestor Pump Artist"

and Joe Biden as "The Village Idiot" 


In a world of bullshit and total disinfo, these guys are the professionls! Prepare to be grifted by the best in the biz!

Directed by Ben Bernanke

Fri, 02/08/2013 - 20:26 | 3227682 nope-1004
nope-1004's picture

Mr. Pink Shirt himself Pisani has a wife that flogs houses for a living.  Of course he was bullish on real estate..... she told him the NRA said so.  That's the realtor mentality, if the sales channel (that relies on commissions) says it's good, then it must be good.  Historical charts, credit analysis, or home ownership percentages mean nothing when you're a commissioned open-houser.

And people like Bob that talk too much are rarely correct.


Fri, 02/08/2013 - 20:26 | 3227690 Tippoo Sultan
Tippoo Sultan's picture

Was not Pisani's father a notable in New Jersey real estate ? A developer or some such thing ?

Fri, 02/08/2013 - 20:52 | 3227767 Say What Again
Say What Again's picture

With any luck, the snow storm will make it impossible for these idiots to make it to work next Monday.

Fri, 02/08/2013 - 22:47 | 3228034 willwork4food
willwork4food's picture

With any luck the snow storm will bury a few of these idiots so they can't come to work next Monday.

Also fun to see an old tape of Gold @ 668 & Silver $13.-only six years ago?!!

Fri, 02/08/2013 - 23:07 | 3228072 fuu
fuu's picture

Whores on parade.

Fri, 02/08/2013 - 23:29 | 3228117 Richard Chesler
Richard Chesler's picture


So don't worry about tomorrow Take it today Forget about the cheque We'll get hell to pay Have a piss on me Have a piss on me Yeah Have a piss on me Have a piss on me On me


Sat, 02/09/2013 - 00:29 | 3228201 willwork4food
willwork4food's picture

Wait, are you buying the beer or are do you really get off having someone piss on you? I'm confused.

Sat, 02/09/2013 - 02:03 | 3228276 markmotive
markmotive's picture

Individual investors are 2 steps behind from the very beginning. The whole system is set up to skim the lifelong savings of the hardworking American.

Here's why your world class mutual fund manager didn't see the 2008 crisis coming:

Sat, 02/09/2013 - 02:32 | 3228277 markmotive
markmotive's picture


Sat, 02/09/2013 - 11:52 | 3228646 derek_vineyard
derek_vineyard's picture

lay off pisani.....he was brutalized in high school

Sat, 02/09/2013 - 15:10 | 3228997 Fredo Corleone
Fredo Corleone's picture

So, he was the kid who got pantsed in gym ?

Sat, 02/09/2013 - 00:44 | 3228214 RockyRacoon
RockyRacoon's picture

I noticed the gold at $668.  That's where my eyes wander on any given day.  That's all I need to know.

Sat, 02/09/2013 - 09:16 | 3228477 azzhatter
azzhatter's picture

Apple at $87

Sat, 02/09/2013 - 09:18 | 3228479 Go Tribe
Go Tribe's picture

Damn, if only I were stacking back then.

Sat, 02/09/2013 - 10:12 | 3228541 BandGap
BandGap's picture

I started at silver being $14-15 an ounce. Cashed some out recently at $31, just to see how easy it was.

It was easy. Think about how many "Cash for Gold" places there were 7 years the fact that these have sprung up all over the place a sign, as well?

Fri, 02/08/2013 - 20:59 | 3227781 kaa1016
kaa1016's picture

I almost broke my fucking TV listening to that asshole yesterday after he mentioned for the 10th time, while hyperventilating about Boise Cascade's IPO, that he carried plywood while building houses with his father. I almost lost it...

Fri, 02/08/2013 - 21:55 | 3227917 ToNYC
ToNYC's picture

oriented strand board is what he carried. we call it oatmeal board and use real plywood. like the ETF of wood product, he gotta love it.

Sat, 02/09/2013 - 16:30 | 3229166 ToNYC
ToNYC's picture

He survived by marrying a Realtor I seem to remember him declaring....before he succeeded as a Parrotor.

Sun, 02/10/2013 - 11:25 | 3230431 kwality
kwality's picture

Yes, I believe they belong to the Italian Businessmen's Association in New Jersey.  Named Horse Head Realty, IIRC.  


This is the kind of guy about whom they wrote that episode of the Sopranos where Christufuh gets some mook to take the Series 7 exam for him so he can run the investment fund branch of the game.

Fri, 02/08/2013 - 21:35 | 3227866 FoeHammer
FoeHammer's picture

+1, IridiumRebel

Shit made me laugh

Fri, 02/08/2013 - 22:48 | 3228036 IridiumRebel
IridiumRebel's picture

it is humor that keeps me put together as we weather this shitstorm together. Thx! 

Sat, 02/09/2013 - 00:52 | 3228222 Problem Is
Problem Is's picture

Nice work... An All Star cast of useful idiots and morons...

The current situation is a shiticane at best but most likely a financial shitnami of fiat proportions....

Sat, 02/09/2013 - 11:13 | 3228607 IridiumRebel
IridiumRebel's picture

shitcaneand shitnami™ Property of "Problem Is"


Sat, 02/09/2013 - 22:20 | 3229735 Rattling Bones
Rattling Bones's picture

Nancy Pelosi as "The Eye Candy"

Fri, 02/08/2013 - 21:34 | 3227860 ToNYC
ToNYC's picture

Time has everything to do with it. Pisani is a surfer and the window is totally rad every 11 seconds the way he sees it. Kowabonga!

Fri, 02/08/2013 - 20:02 | 3227631 bobthehorse
bobthehorse's picture

I'm quite bullish.

I see DOW 30,000.

Buy, buy, buy.

Get me a hot dog, you motherfuckers.

Fri, 02/08/2013 - 20:07 | 3227650 IridiumRebel
IridiumRebel's picture

I got a footlong for you and your blog Bob the Blog Whore.....

Fri, 02/08/2013 - 20:25 | 3227684 economics9698
economics9698's picture

30,000, inflation adjusted 7,000.

Sat, 02/09/2013 - 03:55 | 3228326 GlobalCtzn
GlobalCtzn's picture




Fri, 02/08/2013 - 23:49 | 3228156 kliguy38
kliguy38's picture

I'll see your POS blog and raise you to a true believer go back to your blow and hookers


Fri, 02/08/2013 - 21:12 | 3227808 DCFusor
DCFusor's picture

And why was some of what they said "clickily" edited out?

Fri, 02/08/2013 - 23:20 | 3228103 Matt
Matt's picture

240p. Did Youtube have 480p back then? It's amazing how crappy the sound and video were back then, at least online.

Fri, 02/08/2013 - 22:02 | 3227939 Eireann go Brach
Eireann go Brach's picture

I hope a crazed lunatic enters the CNBC studios on Monday morning and takes a bat to each one of these fuckers on live TV!

Sat, 02/09/2013 - 09:20 | 3228481 Go Tribe
Go Tribe's picture

He'll be a gold bull and they'll spend the rest of the week talking the metals markets down.

Fri, 02/08/2013 - 22:40 | 3228018 Buck Johnson
Buck Johnson's picture

I know, and when it happens what will we do?  I mean the only thing left is blatan printing money (like we are doing now) but in public and then even the finance people can't say this is good.

Sat, 02/09/2013 - 09:03 | 3228462 Silveramada
Silveramada's picture

...the circus never leave this town: Enjoy the clowns folks!

Sat, 02/09/2013 - 15:33 | 3229041 long-shorty
long-shorty's picture

as a huge fan of Bill O'Brien, I resent your misappropriation of the phrase "Bunch of Fuckers" or any variant thereof. These guys aren't a Bunch of Fuckers, they're just assholes.

Fri, 02/08/2013 - 19:50 | 3227589 Say What Again
Say What Again's picture

Thank you.

This is an excellent way to end the week.

Now I can start drinking

Fri, 02/08/2013 - 20:00 | 3227623 nightshiftsucks
nightshiftsucks's picture

Especially if you live in Ca.

Fri, 02/08/2013 - 20:22 | 3227680 ersatzteil
ersatzteil's picture

Oh , so you're playing the LAPD Big Bear Manhunt Drinking Game, too?

Fri, 02/08/2013 - 21:38 | 3227879 FoeHammer
FoeHammer's picture

Pigs are terrible shots, you guys got this.

Sat, 02/09/2013 - 06:55 | 3228386 redpill
redpill's picture

Except when they are shooting the wrong person, then suddenly they are excellent marksmen.  WTF.


Sun, 02/10/2013 - 01:18 | 3229993 Mesquite
Mesquite's picture

Or shooting the back end of trucks, before checking to see who might be driving it..!!

Sat, 02/09/2013 - 05:57 | 3228367 Rick64
Rick64's picture

 These types of videos should be posted weekly . There are plenty , Bernanke saying the housing market wasn't going to collapse, Paulson saying the market  fundamentals were sound, Cramer saying Bear Stearns was fine, ect... The list is almost endless.

Fri, 02/08/2013 - 19:51 | 3227593 VonManstein
VonManstein's picture

Agreed. 1 or 2 months or so from the top.

Sideways/up frustration first

Fri, 02/08/2013 - 19:52 | 3227596 Kilgore Trout
Kilgore Trout's picture

Larry Kudlow wouldn't know a free market if it slapped him upside his dick-shaped fascist head.

Fri, 02/08/2013 - 19:59 | 3227619 Bunga Bunga
Bunga Bunga's picture

"free market capitalism is the best way to prosperity", but it was abolished in 2008 and never came back.

Fri, 02/08/2013 - 20:07 | 3227644 EscapingProgress
EscapingProgress's picture

It was actually abolished in 1913.

Fri, 02/08/2013 - 21:16 | 3227818 Bunga Bunga
Bunga Bunga's picture

Thanks for the big picture.

Fri, 02/08/2013 - 23:43 | 3228147 WTFUD
WTFUD's picture

Closer but it was somewhere between 237-86 BC or never existed.

Sat, 02/09/2013 - 05:58 | 3228368 Rick64
Rick64's picture

Very true.

Fri, 02/08/2013 - 21:34 | 3227862 Squid Vicious
Squid Vicious's picture

Krudlow lost people a ton of dough with his goldilocks bullshit in 2007, too bad the coke he was snorting in the Bear Stearns bathroom didn't cause a massive coronary...

Fri, 02/08/2013 - 19:52 | 3227597 Haole
Haole's picture

They're laughing at guys like Schiff again too, timely indeed perhaps...

Fri, 02/08/2013 - 20:09 | 3227654 Hulk
Hulk's picture

I've been noticing that too. Schiff's current predictions make his 2007 predicitions look like a tip-toe through the tulips...

Fri, 02/08/2013 - 20:32 | 3227704 economics9698
economics9698's picture

Schiff started his rant too early, in 2009.  The timing on the bubbles is 3-6.6 years.  He should have started his rant about 2011.

I will say this, the Fed has been HARD on that mother fucking accelerator for three years now, this bitch is going to be epic.  Fucking reminds me of John Law himself from 1717 to the epic 1720 crash.

Anyone notice the M-2 velocity down 2.1% (8.4% annual rate) last quarter.  That means them bitches are creating a lot of money and the ones getting it are parking it or rehypothecation the parked money hoping for a miracle.

This mother fucker will be epic.


Fri, 02/08/2013 - 20:35 | 3227719 fonzannoon
fonzannoon's picture

Love me some Schiff with dramatic music.

Fri, 02/08/2013 - 21:42 | 3227888 FoeHammer
FoeHammer's picture

Hell Yah Fonz

Fri, 02/08/2013 - 20:47 | 3227756 Ness.
Ness.'s picture

Agreed.  Bid/offer is only stacked about 5 deep these days.  When the SHTF, this cocksucker goes bidless and the algos will fist fuck themselves to death trying to cover long's and reverse positions, exacerbating the crash.  

The fallout will be even more epic as the SEC decides what trades stand and what trades get busted (after consulting JPM, GS, etc... of course).  

Bankers will win - retail will get fleeced.


Just as planned.

Fri, 02/08/2013 - 21:03 | 3227788 fonzannoon
fonzannoon's picture

85 bil a month with a side of nowhere else to put your money = constant bid.

That is the difference. The fed is in balls deep. Every dip gets bought almost immediately.

It won't end well. But it will end differently than last time. They suspended the debt ceiling. They are in the process of suspending any spending cuts. QE will quietly become permanent. It's inflation nation. The only question is how long the frog boils until he is cooked.

Fri, 02/08/2013 - 22:29 | 3227993 AllWorkedUp
AllWorkedUp's picture

Definitely inflation nation. I want to blow a gasket every time these fuckheads say there's "no inflation".

Then I want to blow an even bigger gasket when I see the price of gold and silver going fucking nowhere.

This has to end at some point right? Somethings gotta give right? Just hope it's not my metals.

Fri, 02/08/2013 - 22:42 | 3228024 fonzannoon
fonzannoon's picture

Allworked up I have no idea. I know that people need to believe there has to be an endpoint. Something has to give. It's ironic that I would consider you optomistic for believing that.

I look around and see all the awful shit that happens everyday and I have resigned myself into thinking I am deluded to not consider the possibility that this goes on so long that so many people get sucked into the turbine of this jumbo fucking jet of a mess, I am crazy to think I will definitely avoid it.

I don't worry about metals or stawks or much else anymore. I worry about taking care of my family. I am in this business and I gave up retirement planning long ago. It's survival now. Attrition. Dig in, mentally and physically. Good luck.

Sat, 02/09/2013 - 02:31 | 3228290 imbrbing
imbrbing's picture

When all that money finds its final resting place, it is fireworks time.

Fri, 02/08/2013 - 19:53 | 3227601 FL_Conservative
FL_Conservative's picture

What a fucking hoot!

Fri, 02/08/2013 - 20:33 | 3227712 Being Free
Being Free's picture

I enjoyed watching the ticker -

FSLR-39, MSFT-29, INTC-21(spooky), etc

AG at the time, ~9.5, AU 675

Stack 'em boyz 'n girls

Fri, 02/08/2013 - 23:44 | 3228151 Bernankenstein
Bernankenstein's picture

and AAPL at 84.7O, up from under $6 in 2004

Fri, 02/08/2013 - 19:54 | 3227603 A Lunatic
A Lunatic's picture

Rainbows and unicorns as far as the eyes can see, buy, buy, buy, bitchez, this mother fucker is going to the moon....

Fri, 02/08/2013 - 19:58 | 3227616 fonzannoon
fonzannoon's picture

CNBC's job is to sell this shit to you all fuckin day. ALL DAY!. Up market? You gotta get in! Flat Market? You better get in! Down market? Never been a better time to get in!


Fri, 02/08/2013 - 21:08 | 3227799 Itch
Itch's picture

Where is the moon these days?

Fri, 02/08/2013 - 21:13 | 3227809 fonzannoon
fonzannoon's picture

I have no idea but can I interest you in some consumer cyclicals?

 - broken record

Fri, 02/08/2013 - 21:22 | 3227832 Rusty Shorts
Rusty Shorts's picture

Moon Phases - 2013

I still can't my head around this.

Fri, 02/08/2013 - 19:57 | 3227611 gsh1976
gsh1976's picture

Pisani is, and always has been, a real estate whore.  I remember his constant spin on any real estate numbers even as the writing was on the wall.  I grew to despise the man because I was betting against the homebuilders at the time and he would always put a positive spin on everything.  With the high short interest in many of the names his ramblings would usually cause small rallies. 

Fri, 02/08/2013 - 20:01 | 3227628 Bunga Bunga
Bunga Bunga's picture

I wish it was 2007 again.

Fri, 02/08/2013 - 20:05 | 3227638 A Lunatic
A Lunatic's picture

I wish this shit would implodemeltexplodecrash.............

Fri, 02/08/2013 - 20:11 | 3227660 Aussiekiwi
Aussiekiwi's picture

LOL, soon to be repeated at a talking head show near you, over and over again, new world, new rules, what could go wrong? if anything does the FED will fix it faster than you can say 'we are living in a fantasy world'  Asset values soon back to 2007 levels, buy, buy buy, life is good, pump your dollars into the market, no point in keeping them anywhere else, yield baby! thats all that counts, we are all going to be Billionaires.



Fri, 02/08/2013 - 21:09 | 3227802 Itch
Itch's picture

So you can have another chance to miss a move?

Sat, 02/09/2013 - 06:09 | 3228372 Tango in the Blight
Tango in the Blight's picture

I wish it was 1997 again. And had a clue of what was going to happen back then.

Sun, 02/10/2013 - 13:54 | 3230816 pies_lancuchowy
pies_lancuchowy's picture

Bunga Bunga Bunga Bunga's picture Vote up! 10 Vote down! 0 I wish it was 2007 again.



well, it IS 2007 again

Fri, 02/08/2013 - 20:03 | 3227633 nmewn
nmewn's picture

Pisani calls another top.

Fri, 02/08/2013 - 20:05 | 3227639 Yen Cross
Yen Cross's picture

 Piss ant y.  Definition of a CNBS commentator.

Fri, 02/08/2013 - 20:14 | 3227663 kill switch
Fri, 02/08/2013 - 20:18 | 3227672 LongSoupLine
LongSoupLine's picture

Fuck you CNBC



Piss-on-me can fuck off.  that motherfucker would skin live kittens with his fucking teeth if that fucking wall street ball sucking asshole thought it would turn one bear to a bull.


Fuck you MSM ass clowns.  Fucking burn in hell pricks.

Fri, 02/08/2013 - 20:21 | 3227678 A Lunatic
A Lunatic's picture

Might want to pace yourself........

Sat, 02/09/2013 - 09:15 | 3228472 LongSoupLine
LongSoupLine's picture

I'm not even fucking warmed up yet...

Fri, 02/08/2013 - 23:03 | 3228066 ToNYC
ToNYC's picture

But how do you REALLY feel?

Sat, 02/09/2013 - 03:31 | 3228314 Idiocracy
Idiocracy's picture

Anyone calls him Francis, he kill you

Fri, 02/08/2013 - 20:21 | 3227676 ebworthen
ebworthen's picture


Perception over reality.

Deja vu 2007 in 2013.

You think $6 Trillion in FED gravy and Legislative and Judicial branches ignoring the rule-of-law has anything to do with the 2009-2013 jizz fest on Wall Street?


Fri, 02/08/2013 - 20:25 | 3227686 Leboob
Leboob's picture

I find the CNBC opinions enlightening.

Fri, 02/08/2013 - 20:31 | 3227696 khakuda
khakuda's picture

Markets that can't go down, like the current one, and don't have so much as a small correction are more often than not the caffeinated, overly-central bank stimulated ones - especially when this is going on AFTER a 4 year doubling in the market.   If we were rallying off a recent huge decline, the every day is an up day action would at least be justified.

On the other hand, these are the EXACT types of markets where capital is being misallocated and the set up is being put in place for the next fall.  It is the timing that one rarely gets right and this thing could continue to pump higher for some period.  But, the fall will be worse because you can't even hide in cash anymore and the central banks are already all in.

No lessons have been learned.  At least not the correct ones.

Fri, 02/08/2013 - 22:01 | 3227934 FoeHammer
FoeHammer's picture

"Well, we fucked em over pretty hard last time but I think they can take another round."- Central Planners

Fri, 02/08/2013 - 20:31 | 3227702 QQQBall
QQQBall's picture


Look at the commodity quotes - Oil = $59 and Gold like $660 or $670?

Fri, 02/08/2013 - 21:38 | 3227873 Whalley World
Whalley World's picture

Exactly, silver 13 and gold 1k less, and the dow back to where it was.  talk about an example of currency debasment in disguise

Fri, 02/08/2013 - 20:33 | 3227710 Michelle
Michelle's picture

When the smoke is thickest then I'll buy, not until then. Squeezing out another 5% with downside of 40% seems retarded.

Fri, 02/08/2013 - 23:50 | 3228157 WTFUD
WTFUD's picture

honey squeeze another 5% go on, couldn't give a rats arse about the downside!

Fri, 02/08/2013 - 20:38 | 3227726 Overpowered By Funk
Overpowered By Funk's picture

Ah yes, Bob "the important thing" Pisani. He refuses to believe the market was put out of its misery in 2008.

Fri, 02/08/2013 - 20:41 | 3227733 ersatzteil
ersatzteil's picture


Fri, 02/08/2013 - 20:41 | 3227735 bullmarket
bullmarket's picture

Let's see 18 more months until the collapse. Quite a call based upon prior batting average. Swing and a miss. Swing, batter,batter, batter, swing batter, batter..... Sometime you'll hit it.I'm sure

Fri, 02/08/2013 - 20:42 | 3227739 ShortTheUS
ShortTheUS's picture

Kudlow hasn't aged a day. Cool Breeze on the other hand looks like he hit the wall (st.) and the wall (st.) fell on him

Fri, 02/08/2013 - 20:44 | 3227744 Seasmoke
Seasmoke's picture

Wow , look at the price of N.Gas !!!!!

Fri, 02/08/2013 - 20:55 | 3227777 FranSix
FranSix's picture

Plus ca change.

Fri, 02/08/2013 - 21:11 | 3227805 Tegrat
Tegrat's picture

I heard 3/22 is the day things get crazy. Try shorting the close of 3/21.

Fri, 02/08/2013 - 21:26 | 3227844 howenlink
howenlink's picture

I've heard a lot of things too.  Problem is not hearing things.  In fact, most of us can hear.  Problem is nobody gives a rats ass about evidence.

Fri, 02/08/2013 - 21:13 | 3227811 q99x2
q99x2's picture

Wish the DHS was still in the same position as it was 6 years ago.

Fri, 02/08/2013 - 21:18 | 3227819 orangegeek
orangegeek's picture

SP500 weekly in 2007 similar to that of today.


Let's see if the Fed stops pouring cash into the markets.

Fri, 02/08/2013 - 21:25 | 3227826 SilverDOG
SilverDOG's picture



Ag 13.90 


Almost free.

Fri, 02/08/2013 - 22:19 | 3227900 medium giraffe
medium giraffe's picture


On second thoughts, I wish to re-edit my post entirely and reflect up the only real reasonable response (apologies).


The cunts.

Fri, 02/08/2013 - 22:09 | 3227955 Yes_Questions
Yes_Questions's picture



Kudlow:  and since I'm the biggest whore here, a line off MY ASS for everyone.

Fri, 02/08/2013 - 22:21 | 3227975 Robot Traders Mom
Robot Traders Mom's picture

LOL, the 2 yr was pushing 5% then on their ticker...


Fri, 02/08/2013 - 22:37 | 3227985 Number 156
Number 156's picture

Its what we call the the Muppet Show:

Suckers. I only hope we will get more videos like this one when the next big plunge comes.


Sat, 02/09/2013 - 11:52 | 3228647 CitizenPete
CitizenPete's picture

Why would this guy record this?   Funny as it is.  Wasn't funy at the time though.  I remember.

Sun, 02/10/2013 - 12:10 | 3230472 Number 156
Number 156's picture

He tried to play the Russell 2000 near the top when he should have parked his money on the sidelines.

No, It wasnt funny at the time. I laugh about it now.

Fri, 02/08/2013 - 22:30 | 3227996 dolph9
dolph9's picture

I get the feeling this is it, people, the last hurrah for the stock "market."

After the next downturn the market will be discredited for decades, if not forever.  If you are an acute observer, you will understand this.

Fri, 02/08/2013 - 22:32 | 3228001 medium giraffe
medium giraffe's picture

Acute? Myopic will do....

Sat, 02/09/2013 - 06:15 | 3228374 Tango in the Blight
Tango in the Blight's picture

It will only be discredited by humans and be 100% algo driven. They don't know the concept of faith.

Fri, 02/08/2013 - 22:52 | 3228046 Clowns on Acid
Clowns on Acid's picture

No worries...we are approaching the "Sequester Semester"....



Fri, 02/08/2013 - 22:59 | 3228061 cliffynator
cliffynator's picture

I saw Apple at 84.70! And I forgot that I had become sick and tired of hearing "Goldilocks"

Fri, 02/08/2013 - 23:27 | 3228115 rgbensonaz
rgbensonaz's picture

CNBS is still alive?  I cancelled cable two years ago.  Starve the beast!

Sat, 02/09/2013 - 00:14 | 3228184 WTFUD
WTFUD's picture


Fri, 02/08/2013 - 23:29 | 3228120 TheBen
TheBen's picture

Check out this one from Kudlow on March 6, 2009--Luskin says stocks are going down 70% from the 666 low.  They really make it too easy.

Sat, 02/09/2013 - 00:56 | 3228229 RockyRacoon
RockyRacoon's picture

Don Luskin is one of my favorite contrary indicators.  He's always a day late and a dollar short.  He's an egotistical moron who thinks he's god's gift to witty repartee.

Sat, 02/09/2013 - 03:14 | 3228310 ebworthen
ebworthen's picture



Sat, 02/09/2013 - 09:22 | 3228484 azzhatter
azzhatter's picture

Luskin is a certifiable asshole. Arrogance personified, I keep hoping for Peter Schiff to punch him in the balls on live TV and watch him cry like a sissy

Fri, 02/08/2013 - 23:39 | 3228139 vamoose1
vamoose1's picture

god  help  us   ralph make em poorah    bob  piss on  me    and   i want  to  be  that   cunt   kudlows   sinus   surgeon ....  thats  a   true    trio.


Sat, 02/09/2013 - 00:01 | 3228146 tahoebumsmith
tahoebumsmith's picture

Oh Mr. Pudlow, 4 yaears ago we didn't have a handful of robots playing Pattie Cake with themselves. Riddle me this MR. PUDLOW, where did all the APPL money go? Oh into stocks like gmcr just to name a few. You see the big money pulls all the suckers in at the top and then leaves your 72 year old mom taking the hit when they decide it's time to sell in bulk. You FASCIST MOTHERFUCKERS need to go away. Not one person has been jailed for all the CDS, CDO, ROBOSIGNING,LIE-FRICKEN-BOR MANIPULATION? WTF the FASCIST bankers now run this country thanks to a bunch of submissive, bought out milksops in the Congress and Senate. There has been so many crimes commited that the jails should be full! Let the pot growers go and put the real villains behind bars. This Country is completely fucked... Nobody takes responsibility for any actions anymore and the more corrupt it gets, the more they turn their heads. Just look at the charts!!! 4 years ago when the big 5 CRONY Banks were ready to go down they controlled 45% of the financial markets. Well here we are 4 years later after BAILING them out to the tune of 10 TRILLION!!! See the FED report, and now they control 65% of the financial markets??? WT FRICKEN F? Now that the FED has expanded its balance sheet to a mere 3T, they are the biggest too big to fail that controls the other too big to fails... You don't need to be a science rocket to see this was all planned in the first place. A complete takeover from a democracy and now a totalitarian rule set in place run by a few FASCIST FUCKING CROOKS that will pilfer and steal every last dime they can from all the GLOBAL serfs until there is nothing left to steal. Just explain the fact we have double our deficit in 5 yars and got a ngative GDP last month? 6 frickin TRILLION and we can't get out of the red? And please explain the 600 TRILLION dollar derivitive ponzi that will collapse the globe. You corrupt, greedy fascist gamblers have bet my kids future for instant gains. When this shit falls apart I hope my kids line your asses up agaist a wall and.......

Sat, 02/09/2013 - 00:02 | 3228168 Clowns on Acid
Clowns on Acid's picture

a very good rant....

Sat, 02/09/2013 - 04:58 | 3228346 Setarcos
Setarcos's picture

Well put.

Sat, 02/09/2013 - 10:26 | 3228559 samsara
samsara's picture

Standing Clapping. Well put sir.

Sat, 02/09/2013 - 12:44 | 3228716 Stud Duck
Stud Duck's picture

Why put your kids on the spot to do the dirty work, take some of that responsibility your self!  you expect your kids, grandkids to recognize what has happened???

Time for all you arm chair quarterbacks to start lifting the load that your own ignorace has created!


Sat, 02/09/2013 - 00:04 | 3228172 bigrooster
bigrooster's picture

I went to dinner tonight with my son.  The bill was $30.06.  I gave the young (new) waitress $40 cash.  So she give me a 10, 5, and five 1's.  I could have been a scumbag and bought a six pack with it...I drink good beer.  Anyways I gave her the extra $10 back and told her to be careful.  I felt very good after that.

Any fucking wallstreet scumbag who enjoys taking 1000's, 100,000's, 1,000,000's, 1,000,000,000's, 1,000,000,000,000's needs to be hung high.

Disclaimer...I had a lot to drink tonight and I have no idea what I am even fuck you NSA!

Sat, 02/09/2013 - 01:11 | 3228238 Manipuflation
Manipuflation's picture

LOL!  I would expect no less.

Sat, 02/09/2013 - 00:22 | 3228195 WTFUD
WTFUD's picture

Two hot bands to keep an eye on.

Pisani & the PissFlaps

and making his 3rd comeback

Ben & the Printers

Sat, 02/09/2013 - 01:14 | 3228242 cobra1650
cobra1650's picture

Bob Pisani is a huge steaming pile of shit.

Gold at $668 on the

Sat, 02/09/2013 - 01:45 | 3228264 Kingkongballs827
Kingkongballs827's picture

PVC Gun Burial Tube. Holds 3 long rifles Ak47, SKS, AR15 plus ammo and gold & silver. Check it out here.



Sat, 02/09/2013 - 03:33 | 3228315 Grand Supercycle
Grand Supercycle's picture

DOW monthly chart shows impending Wile E. Coyote drop.

It doesn't take a genius to realise this chart will end in tears.

Longs please be careful.

Sat, 02/09/2013 - 03:39 | 3228318 AbbeBrel
AbbeBrel's picture

Yeah yeah what happened back there was just a tragic boating accident.   All you investing tourists - the water is safe, trust me!   Dive right in!   There hasn't been a real Squid sighting in years...  

Sat, 02/09/2013 - 03:50 | 3228322 Dre4dwolf
Dre4dwolf's picture

Back then people were not paying attention to anything, nowadays people KNOW another crash is on the way, the smart money is sitting on the side-lines waiting to buy up all the stocks of companies that are going to get into the new round of bailouts.

Sat, 02/09/2013 - 05:26 | 3228356 maxblockm
maxblockm's picture

"Global Synchronous Expansion" = Worldwide Bubble Blowing

Sat, 02/09/2013 - 09:36 | 3228493 SmallerGovNow2
SmallerGovNow2's picture

And now we are in a global synchronous collapse....

Sat, 02/09/2013 - 05:55 | 3228366 geotrader
geotrader's picture

That pump got him and his buddies another 80 points before the melt down.

Sat, 02/09/2013 - 08:04 | 3228419 MyBrothersKeeper
MyBrothersKeeper's picture

Have you noticed the internet version of CNBC has been leading with Treasury Bond movements as it's top headline.  Just in case there was any question that this media outlet is following the Obama/Bernanke theme of encouraging the movement out of bonds and into stocks.  All, in my opinion, to make people believe that interest rates may rise sooner than expected....which we all know is complete and utter BS because it detroys the credit metrics related to national debt, inflation etc

Sat, 02/09/2013 - 10:58 | 3228595 TheObsoleteMan
TheObsoleteMan's picture

Actually, it was six years ago this week that the very first sign of what was too come occured. The sub-prime mortage lender New Century lost 45% of it's share price in one day of trading. Too many people were drinking the Koolaid and not paying attention in early 2007. By that August though, they were.

Sat, 02/09/2013 - 11:17 | 3228601 CaptainSpaulding
CaptainSpaulding's picture

I loved CNBC during the Mark Haines days. When he was in charge of the Squawk box along with Joe Kernan and Dave Faber , I never missed an episode. The show made me laugh and think every morning. Mr Haines professionalism shined during the morning of 9-11. Cnbc today? .. Meh, I'll pass

Sat, 02/09/2013 - 12:33 | 3228691 GrinandBearit
GrinandBearit's picture

He was less of a schill than most, but still a schill.  I swear the guy had a J&B bottle in his lap while he was on the air.  He used to laugh at Peter Schiff too, especially before the housing bubble popped.

Sat, 02/09/2013 - 18:28 | 3229386 vft2212
vft2212's picture

What is this CNBC you of which you speak?

Sat, 02/09/2013 - 14:53 | 3228960 Herkimer Jerkimer
Herkimer Jerkimer's picture





I love it!


"The Net Never Forgets!"


Why is Pisani still working? Why are any of those bums stilling working?

They can be wrong and wrong and wrong, again and again and again and are NEVER held accountable.


And yet, like the very turds they are, they continue to float to the top.




Sat, 02/09/2013 - 15:07 | 3228992 SmoothCoolSmoke
SmoothCoolSmoke's picture


Memo to all those on the video:

Fuck you, you fucking fucks.


Sincerey yours,,,,,,,,


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