Guest Post: It's Only A Flesh Wound

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Thu, 08/18/2011 - 07:42 | 1571913 DormRoom
DormRoom's picture

jobless claims, and leading indicators soon.  1-2 TKO for the bulls today?

Thu, 08/18/2011 - 07:46 | 1571926 ZeroPower
ZeroPower's picture

Lower claims # might turn rout around though, shit started in EU this morning but no really substantial news was out... S&P sheepishly reiterated France is "AAA". Whatever, credit always tells the story despite the equity fanboys.

Thu, 08/18/2011 - 07:47 | 1571928 papaswamp
papaswamp's picture

Probably not on the jobs numbers. There would have to be a big rise in NSA (+20,000) to null the multiplier and print above 400,000. I think September will be the ugly month.

Thu, 08/18/2011 - 08:59 | 1572182 rwe2late
rwe2late's picture


Joblessness? Wars? Recession?

"Tis but a scratch" to those who set the stage.

Think "Disaster Capitalism" and "Shock Doctrine".  This is all bullish for empire-builders.

Thu, 08/18/2011 - 20:33 | 1575309 StychoKiller
StychoKiller's picture

TKO = Technical Knock Out, or TOTAL Knock Out?

Thu, 08/18/2011 - 07:44 | 1571916 papaswamp
Thu, 08/18/2011 - 08:00 | 1571968 New_Meat
New_Meat's picture

"I'm not dead yet, I'm getting betta"

Thu, 08/18/2011 - 08:17 | 1572026 papaswamp
papaswamp's picture

Yea bring out your dead might be the mantra later in the day if this nastiness continues.

Thu, 08/18/2011 - 09:24 | 1572342 weinerdog43
weinerdog43's picture

'elp!  'elp!   I'm being repressed!    signed, Silver

Thu, 08/18/2011 - 07:47 | 1571930 spankfish
spankfish's picture

Something wicked this way comes...

Thu, 08/18/2011 - 07:48 | 1571936 The Wolf
The Wolf's picture

if you are to use a true analogy with the Black Knight... the US economy is hopping around on one leg threatening to bite your ear off right now...

Thu, 08/18/2011 - 07:55 | 1571957 bigdumbnugly
bigdumbnugly's picture

does he still have his nads or did they already lop those off too?

Thu, 08/18/2011 - 07:53 | 1571950 scratch_and_sniff
scratch_and_sniff's picture

alright, we'll call it a draw.

Thu, 08/18/2011 - 08:27 | 1572059 Pay Day Today
Pay Day Today's picture

Said Sir Bernank.

Thu, 08/18/2011 - 07:58 | 1571962 disabledvet
disabledvet's picture

Forward looking indicators suck while the backward looking ones are all being downgraded. Once europe collapses taking half the planet with it it will be discovered that the USA has been in recession for 9 months but "it was mild and we are coming out of it." Stop listening to them! Follow the bailouts!

Thu, 08/18/2011 - 08:02 | 1571975 KnightsofNee
KnightsofNee's picture

You must chop down the biggest tree in the forest with...............(wait for it).......A HERRING!

Thu, 08/18/2011 - 08:54 | 1572155 Bicycle Repairman
Bicycle Repairman's picture

Being able to quote the entire film "Monty Python and the Holy Grail" is all I got out of college.  That, a degree in art history and $250K in debt.  Actually I made it up, except for Python.

Thu, 08/18/2011 - 08:22 | 1572037 Snidley Whipsnae
Snidley Whipsnae's picture

Dow futures off 202 at Bberg...

Gold $1816.20

a picture is worth a thousand words... Budda... er, no... maybe it was Poloroid

Thu, 08/18/2011 - 08:25 | 1572048 AnonymousMonetarist
AnonymousMonetarist's picture


REALITY: You fight with the strength of many men, Sir BULL.
I am Reality, King of the Markets.
I seek the finest and the bravest traders in the land to join me
in my Court of Capitalism.
You have proved yourself worthy; will you join me?
You make me sad. So be it. 
BLACK BULL: None shall sell.
BLACK BULL: None shall sell.
REALITY: I have no quarrel with you, good Sir BULL, but I must
make new lows.
BLACK BULL: Then you shall die.
REALITY: I command you as King of the Markets to stand aside!
BLACK BULL: I move for no man.
REALITY: So be it!
[parry thrust]
[REALITY chops the BLACK BULL's left arm off]
REALITY: Now stand aside, worthy adversary.
BLACK BULL: 'Tis but a scratch.
REALITY: A scratch? Your arm's off!
BLACK BULL: No, it isn't.
REALITY: Well, what's that then?
BLACK BULL: I've had worse.
REALITY: You liar!
BLACK BULL: Come on you pansy!
[Top banks are insolvent and there are still over 5 trillion in off-balance sheet assets in US alone
[parry thrust]
[REALITY chops the BLACK BULL's right arm off]
REALITY: Victory is mine!
We thank thee Lord, that in thy merc-
BLACK BULL: Come on then.
BLACK BULL: Have at you!
REALITY: You are indeed brave, Sir BULL, but the fight is mine.
BLACK BULL: Oh, had enough, eh?
REALITY: Look, you stupid bastard, you've got no arms left.
BLACK BULL: Yes I have.
BLACK BULL: Just a flesh wound.
REALITY: Look, stop that.
BLACK BULL: Chicken! Chicken!
REALITY: Look, I'll have your leg. Right!
[With just health care counted as a proper percentage of GDP and the same adjusted for health care inflation we'd be considered contracting...unemployment properly measured is too scary to properly measure.]
BLACK BULL: Right, I'll do you for that!
REALITY: You'll what?
BLACK BULL: Come 'ere!
REALITY: What are you going to do, bleed on me?
BLACK BULL: I'm invincible!
REALITY: You're a loony.
BLACK BULL: The Black Bull always triumphs!
Have at you! Come on then.
[It's a Great Depression until it's agreed upon and then things get better:)
[REALITY chops the BLACK BULL's other leg off]
BLACK BULL: All right; we'll call it a draw. Oh, oh, I see, running away then. You yellow bastards! Come back here and take what's coming to you. I'll bite your legs off!


Thu, 08/18/2011 - 10:31 | 1572856 Overflow-admin
Overflow-admin's picture


Thu, 08/18/2011 - 12:31 | 1573509 dotrodfag1961
dotrodfag1961's picture

Nice!  I liked that!

Thu, 08/18/2011 - 13:06 | 1573631 EhKnowKneeMass
EhKnowKneeMass's picture

Missed you, AM.

Welcome back!

Thu, 08/18/2011 - 08:42 | 1572110 oogs66
oogs66's picture

joe "it's just a flesh wound" lavorgnia must be due out any time to explain why things are going to get better

Thu, 08/18/2011 - 09:46 | 1572512 Stuck on Zero
Stuck on Zero's picture

Wall Street has always been the land of Bulls and optimists.  Since Wall Street took over Capitol Hill our government has adopted the same attitude.  Instead of fixing any problems the government just expresses rosy optimism and glowing confidence.

Thu, 08/18/2011 - 10:59 | 1573009 sullymandias
sullymandias's picture

"Transitory", "temporary", "just a soft patch", "decoupling" (I have lost track of who is decoupling from whom, and when that decoupling is good), "contained", and "oversold".

Here's one I haven't heard before: "perfect storm"

Thu, 08/18/2011 - 12:11 | 1573409 ElvisDog
ElvisDog's picture

Europe is fixed in the same sense that my dog was fixed when we adopted him.

Thu, 08/18/2011 - 13:08 | 1573644 asteroids
asteroids's picture

Notice who the futures started down way before Europe opened. Co-incidence. Hardly.

Fri, 08/19/2011 - 01:17 | 1575869 bid the soldier...
bid the soldiers shoot's picture

Did someone say Shakespeare?

Mercutio, when asked if he wanted a couple of vicodin after his fight with Tybalt.

"No, 'tis not so deep as a well, nor so wide as a
church-door; but 'tis enough,'twill serve: ask for
me to-morrow, and you shall find me a grave man. I
am peppered, I warrant, for this world. A plague o'
both your houses! 'Zounds, a dog, a rat, a mouse, a
cat, to scratch a man to death! a braggart, a
rogue, a villain, that fights by the book of
arithmetic! Why the devil came you between us? I
was hurt under your arm."

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