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Funny that you mention "da news"

 

I gave up watching national news about 2 years ago -- it is beyond ridiculous

 

I gave up watching local news about a year ago -- what a relief

 

I gave up watching CNBC entirely starting Dec 2011 -- my trading results have never been better, and blood pressure never lower

 

In fact, I am now only watching an hour or so of PORN per dayl)

 

TV -- a fargin' waste of time that pollutes the mind

 

 

 

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Primary Dealers Prepare to Abandon Ship

A recent trend of declining bid/cover ratios at the auctions suggests possibly waning interest from other major buying sectors, including the primary dealers. That’s no surprise. They’ve had all time record long positions since late December. The boat is loaded and headed for the Italian coast. Under these conditions in the past, primary dealer traders have been known to jump into the sea, leaving women and children on board to die, while the Fed’s traders scream at them, GET BACK ON THE DAMN SHIP YOU MOFOS!

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