Jorma

It's a little different over there in Urp. The politicians over there in England are as feckless as the ones here, but they sound a lot better with those accents.

There's always 2600 but cripes, it's Thankgiving week.

There is no everyone here. Just a few stragglers.

Does anybody know of a pure rake play? We are still 7000 DOW points higher than exactly 2 years ago.

You were so quiet Friday I thought you got seasick. A feeling I'm getting looking at the overnight 1 minute ES chart.

You can color me impressed if the week closes in the green. ES 2778. It's all for naught for bully anyway. Famous bald apparatchik Kashkari, now Fed regional head and probable future chairman, says to stop raising rates. Bullard or someone with a B in their name says 4 hikes next year.

I've looked for an hour to find the 'news' that coincided with that silly spike. TNX spiked at the same moment.

I was rooting for 2727. Close.

Lee, while I suggested awhile back that you leaving America's shores was let's say unnecessary as a practical matter I certainly understand and fully agree with the symbolic nature of the move. Sadly there are probably only a few thousand people who get the symbolism. That your trip is potentially absolutely perfectly coincident with what could be recognized as the beginning of a bear market would be particularly bittersweet.

I'm seeing all these stories on the wire about how companies are trying to reduce leverage. Why is that? (sarcasm alert, OK)

Market just doesn't have that old vim and vigor. Erectile dysfunction.

Well they got the coupons turned down.

Finding many bears on the high seas Lee? How is the shuffle board?

$59.6 billion in new Treasury supply settles tomorrow. Is that a lot? https://www.treasurydirect.gov/instit/annceresult/press/press_cashpydwn.htm

Well sure. Today would be nice but I'm willing to give the bulls the benefit of the doubt for a few days anyway.