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Is This An Omen?


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As I was driving to the office this morning, on my Crapvision radio station they announced that one of the states- ?Indiana? was planning on selling bonds to raise money to invest in the stock market. I'm surprised no one mentioned it here. Guess we have a bit more upside to go. :blink:

NJ tried the same thing. Ended up with $3.5b capital loss and $5b in bonds they have to pay interest on. Best of luck to the remaining states.

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Guest bullseatshitndie
962 is close enought for goverment work

 

The massive H&S has been kissed :lol:

 

Now Bulls can kiss their $$$$$$$$$$$$ bye bye :lol:

 

Roll Baby Roll!!!!!!

bulls can also kiss my vertical crack

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Christy Whitman, as NJ governor, sold bonds to buy equities in '99 and lost, as I recall, a few billion dollars. Maybe Indiana is doing it now. Fascism = blurred lines between government and business. Casinos are great examples. Since NYSE/NAZ = casino, the move to equities is no surprise.

 

SPX:

I don't think Indiana is doing that. Someone mentioned Illinois earlier. As stupid as our Governor is, it wouldn't surprise me if Indiana does it too.

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Be carefull with intra day false picture painting. We are dealing with Months end Jamboree.

 

Should see red on monday.

I thought they have frontrun the end-of-month painting already? :P

 

Isn't it that they have frontrun everything in the last two months? War rally, end of war rally, lower-dollar-higher-export-higher-GDP rally, end-of-month rally? Maybe we'll have 2nd-half-recovery-rally, 2nd-qtr-beatingestimate-rally, end-of-quarter-rally next...

 

Everything is frontrun. Bulls stampede on each other to buy. Desperate chasing performance and beta.

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wndysrf Posted: May 29 2003, 08:41 AM  

 

House.com (HOV) up $5 already.

 

Except, unlike dot.coms, it actually has earnings. It has earned $5.87 profits in the last twelve months, which actually makes it a d@mn steal compared to Ebay, Amazon and Yahoo which are off into bubble land.

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Be carefull with intra day false picture painting. We are dealing with Months end Jamboree.

 

Should see red on monday.

I thought they have frontrun the end-of-month painting already? :P

 

Isn't it that they have frontrun everything in the last two months? War rally, end of war rally, lower-dollar-higher-export-higher-GDP rally, end-of-month rally? Maybe we'll have 2nd-half-recovery-rally, 2nd-qtr-beatingestimate-rally, end-of-quarter-rally next...

 

Everything is frontrun. Bulls stampede on each other to buy. Desperate chasing performance and beta.

Amen !Frontrun right off a cliff I say :lol:

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I thought today was a replay of Monday, as with so many other days. Rocket Launch in the first hour, then up up away...

 

Something is different this time?

 

Someone is actually SELLING? :unsure:

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