- advertisements -
short WYNN too
the bear is in da house. keep preparing for the bull market, it's coming.
New page added http://thethoughtfultrader.blogspot.com/p/thoughts-in-time_29.html
Bookmarked the site. Ill keep an eye on it. Thanks
winter is coming
"It's evening in America."
~Ronald Reagan's evil, ketchup-hating twin~
What would the American equivalent be to "Taking the Black"?
S&P500 updated chart at blog shows price converging towards apex.
It should drop out of triangle and resumption of downtrend.
Euro reserve currency bitchez
The Fed’s the only game in town, and few believe that monetary stimulus will help move the needle on the economy. There is no safety net for equity markets.
But people would actually put their trust in goverment stimulus?
the money is in non-profit colleges now bitches:
Ronald Eastman Prof., Geography $191,103
Kenneth G. Condon Former VP, Financial Affairs; Treasurer $2,336,150Jeffrey H. Spiegel Prof./Physician $1,282,130Timothy E. Foster Prof./Physician $1,072,930Robert A. Brown President $1,043,292James M. Becker Prof./Physician $1,027,231
NameLawrence H SummersLeonard A SchlesingerStuart AltmanJohn DeutchJohn J NeuhauserStephen P BradleyKenneth G CondonSusan HockfieldRobert A BrownTheresa StoneSchoolHarvardBabsonBrandeisMITBCHarvardBUMITBUMITSchool Compensation$648,825$323,618$287,114$380,520$643,040$628,412$2,336,150$940,227$1,043,292$594,059Corporate/Other BoardsDE Shaw, BlueCross BlueShieldMassachusetts, Reliance-MakerChambers, Roubini Global Economics,various speaking engagementsBJ's Wholesale Club Inc; IntimateBrands Inc.Lincare Holdings IncCitigroup, Raytheon, Cheniere Energy,Cummins IncSaint Michael's College (President),Columbia FundsCiena Corporation, I2 Technologies IncInsmed IncGeneral ElectricDuPontProgress EnergyTotal Compensation$8,613,574$4,754,985$2,081,730$828,895$1,078,736$1,042,545$2,590,650$1,190,987$1,281,413$818,173
$4,155,275$1,186,030HarvardBUMITBCTuftsNortheasternBrandeisWellesleyHoly CrossBerkleeWilliamsBabsonWPIBentleyAmherstSmithOlinMt. HolyokeLesleyClark$753,149$732,477$511,051$508,598$481,597$439,139$434,773$424,180$395,040$373,415$369,203$368,518$308,153$291,520$267,025$253,093$240,629$226,566
25 year vet in mortgage financing. Rates were down for all of one day on the FED annoucement. I'm sure they will settle, but the issue isn't rates...it's values, qualifying, etc. As mortage rates go, to date, twist has been a bust. Twist in relation to mortgage rates will help at the margins at best imo.
One obsrvation...my clients are looking at banking their savings, or using it to offset decreasing income. The big drops have already been refinanced in.
Great article, excellent summary, this is the kind of stuff I like to see via Zero Hedge, good show Tyler.
I like the bullish vs. bearish format.
First off, all signs are pointing to Germany dropping out of the EZ and shoring up its banks against Greek and other EZ nation defaults.
The 190 billion Euro increase in the EFSF is chump change for bailing out Europe. The durable goods orders were weak even though they
were pumped up with channel stuffing by auto makers. Take out all the BS data and things are a lot worse than Obama & company
want you to believe. We have hit the wall, in other words TS has HTF.
as above, so below
One thng you can say about Califorbnia...legalized marijuana. Which went nicely, thank you.
lets get a naked tit or ass avatar going...it's Friday.
preferably of a woman.
How about that gold?
Who is this...Village Idiot?
If you are getting shitfaced or existential (same difference in the end) tonight, take a look at this puppy:
Why would the BBC produce this segment? I thought the tv was in "don't ask/don't tell" mode when it came to consipriacy theories.
This stuck out as a real sign of weakness when it comes to the MSM. BBC didn't need to bring this up but they did. !Que interesante!
I watched about 90 seconds and I came up with this...
"We are the world, we are the children..."
- Michael Jackson
pearl jam's playing mother...
What would happen if we had, say, two generations of an extensial learning curriculum based around being a good human being on a national scale? Call me crazy? Would it work? Upotpia?
Anyone interested in getting the money out of elections go sign the petition for this constitutional amandment.
"No person, corporation or business entity of any type, domestic or foreign, shall be allowed to contribute money, directly or indirectly, to any candidate for Federal office or to contribute money on behalf of or opposed to any type of campaign for Federal office. Notwithstanding any other provision of law, campaign contributions to candidates for Federal office shall not constitute speech of any kind as guaranteed by the U.S. Constitution or any amendment to the U.S. Constitution. Congress shall set forth a federal holiday for the purposes of voting for candidates for Federal office."
I'm devasted tonite (seeing my Q3 results). I was getting close to reclaiming my 2007 balances but this quarter, pushed me back huge. I have a carefully studied and allocated portfolio... 50% s/t fixed and 50% equities like Hussman, DFA and Greenspring. I truly felt hedged and defensive. Yet, here I sit, about to finish whats left in my bottle of Crown. Devasted. I feel this way and my losses are less than half of the S&P benchmark, which makes my wonder....
What are the masses gonna do when they see their statements? This economy has to collapse... The backs of too many have been broken by greed, manipulators, and the lack of leadership and enforcement.
Those in power, and who dare to think they have control, have no idea at what they're looking at here.
I have a hard time believing this post is real.
Yeah. I was back in the green before 2010.
I know I will get laughed off this board for this, but put down the bottle and go bottom fishing.
IMO Q4 will be a good Q and we will break out of this range to the upside as people realize that we aren't in, or going into, a recession. No growth or slightly negative real growth for 1q - maybe. But not the kind of recession that causes EPS to fall 20% - which is what has to happen to make this market fairly valued.
If you look around you will find good companies that are down 50% in the last 3 months. Some of these companies never got above 50% of their 2008 levels in the 1st place. So now they are trading at or near March 2009 levels. Better yet, with the elevated VIX you can sell puts at -20% strike and get 10% of the strike in premium. So companies that are down 50% in 3 months, 75% from 2008 and you buy the
30% down from here.
Like I said the SHTF crowd will ridicule, but I went 100% cash June 30 and have been playing the range for the last 3 months - short/long/short/long. I'm up 20% for the year (after being down 5% in H1 because Im cautious). And yesterday I backed up the truck to 65% net long, which goes to 80% if my puts get exercised.
No one knows what Next week brings. If it's lower it will be capitulation and I buy more. But odds are I'n your favor if you pick the right stocks here. World isn't ending.
That's funny, I'm not having the same problem.
Maybe that's because I'm mostly in the "barbarous relic"?
Further thoughts on Bancor de facto in H2 2012:
I started this Idea here:
Could not resist to expand it here-oil jumped 3 times when nixon nixed gold standard, why can not silver or other commodities jump 3 times when USA reserve currency status is out of the window? Total inflation will probably be less than 300%, though who knows?
My advice to all, is to drink heavily.
Andy, you make me salivate, just thinking about it.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.