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have a good one.

 

 

BTW

 

 

http://realestateandhousing2.blogspot.com/

 

this blog is a must read. author of http://www.goldmansachs666.com/

 

 

A market is not a person. Only people can be irrational. Markets are places where goods or intangibles are exchanged at an agreed upon price between buyers and sellers. How can that be irrational? How can a price be a measure of irrationality. Who is the final arbiter of what is rational and what isn't? Buyers and sellers agree on prices. That's all there is, neither rational or irrational. When people have money in their pockets, they buy. When they need or want cash, they sell. Prices change in trends and waves. If the Fed is printing money and dumping it into the primary dealer trading accounts, then the likelihood is that the primary direction of the wave will be up. That's all there is to it. This is the way it has always worked. Trying to relate those movements to something having to do with economic activity is an exercise in irrationality, if you ask me.

 

People are irrational by nature. Most are driven by emotion, not reason. Life is irrational. In fact, it's downright crazy. Anyone who expects the markets to be rational is, frankly, nuts.

 

Some of these raging pundits howling at the moon strike me as raving lunatics. That being said, I do not read other people's work other than the snippets posted here, so I am not passing judgment on the quality of their analytical work. It may be very good. It may not. But there's just no point in being angry about the direction of prices. They are what they are because they measure liquidity flows, which are inextricably tied in with the absolutely normal ebb and flow of human optimism and pessimism. One drives the other and vice versa. That's what cycles are about.

 

This is reality. Stop trying to tell the market what it should be doing, and just look at and see what it is doing. Take what it gives you.

 

Oooooooommmmmmm

 

Oooooooommmmmmm

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jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

Dear anotherone,

 

your jickiss has been buying GG calls further out and at much higher strike prices, thimking that the secret jickiss doolar-gold INDICATOR portends the beginning of the Days of Danger, that is, the Days of Danger for all them that are long the Broads and Short Gold, Silver, and Miners and Miners related.

 

In other words, since the great Buddha figured out and pronounced right here that "So Far, Nothing has Happened..." (quite some time ago),

your jickiss actually developed the secret jickiss doolar-gold INDICATOR to tell when something is finally going to happen.

 

to your jickiss, this moment is virtually right here, right here at the door, depending on the Right Shoulder see below chart....

 

and

 

your jickiss wishes to repeat the most Useful Date provided here by phat: that is that the Earl Indications via Astro methods are May 27 exact, strong to july, 2009, then exit.

 

this is something REALLY worth watching..... and again, a giant tanks to phat for posting this work result!

 

here is the latest update on the secret doolar-gold INDICATOR:

post-1911-1241816638_thumb.png

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Looks ordinary to me. The Nardsaq has been outperforming since the bottom beginning of the year, it's just taking a little breather here retesting the 200th. But I'm known to have been dead wrong before :lol:

 

post-2204-1241806149_thumb.png

 

No. I think you got it right. I had forgotten that the Nads had led all the way until this week.

 

 

naaah, big ben will be back in to print some 'mo if its gets too out of hand... Gross tipped it off this morning...

 

They gonna let the dollar burn... pretty obvious.... GOLD

 

The more they print, the more the sellers will sell.

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have a good one.

 

 

BTW

 

 

http://realestateandhousing2.blogspot.com/

 

this blog is a must read. author of http://www.goldmansachs666.com/

 

 

These Goldman Sucks are good, 87.5% for the last quater. They are so good who wants to play against them. Even a real casino doesn't make that kind of money. :angry:

WEDNESDAY, MAY 6, 2009

 

Goldman Sachs Now Hiring: Replacement Oracle Of Delphi

Posted by Tyler Durden at 11:26 AM

Goldman Sachs has hit a new trading profit record: in the past quarter the company generated over $100 million trading profit on an absolute record of 34 trading days, according to its 10-Q filed today. Not only that, but GS was profitable on 56 days in the quarter and lost money on only 8, meaning it was profitable 87.5% of the time trading in the last quarter (and this isn't even a weighted number). Notable is that the ratio of +$100MM days to -$100MM days in Q1 is 34 to 0. If one adds the orphan month of December, the $100 million+ days rise to 44, and Total Profitable Days rise to 70. The last record for GS was 28 $100MM+ days in Q1 2008. As all regulators' systems are based on statistical analysis, maybe this multiple sigma deviation event will finally set off some red flags.

 

Or maybe the simple explanation is that the current Oracle of Delphi at Goldman's trading desk is seeking to retire and effectively predicting every single market move with 87.5% accuracy in order to be allowed to vest her 401(k) immediately.

ZERO

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jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

Dear anotherone,

 

your jickiss has been buying GG calls further out and at much higher strike prices, thimking that the secret jickiss doolar-gold INDICATOR portends the beginning of the Days of Danger, that is, the Days of Danger for all them that are long the Broads and Short Gold, Silver, and Miners and Miners related.

 

In other words, since the great Buddha figured out and pronounced right here that "So Far, Nothing has Happened..." (quite some time ago),

your jickiss actually developed the secret jickiss doolar-gold INDICATOR to tell when something is finally going to happen.

 

to your jickiss, this moment is virtually right here, right here at the door, depending on the Right Shoulder see below chart....

 

and

 

your jickiss wishes to repeat the most Useful Date provided here by phat: that is that the Earl Indications via Astro methods are May 27 exact, strong to july, 2009, then exit.

 

this is something REALLY worth watching..... and again, a giant tanks to phat for posting this work result!

 

here is the latest update on the secret doolar-gold INDICATOR:

 

Hey Jick, what are we looking for? :unsure:

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WASHINGTON—After nearly four months of frank, honest, and open dialogue about the failing economy, a weary U.S. populace announced this week that it is once again ready to be lied to about the current state of the financial system.

 

Tired of hearing the grim truth about their economic future, Americans demanded that the bald-faced lies resume immediately, particularly whenever politicians feel the need to divulge another terrifying problem with Wall Street, the housing market, or any one of a hundred other ticking time bombs everyone was better off not knowing about.

 

In addition, citizens are requesting that the phrase, "It will only get worse before it gets better," be permanently replaced with, "Things are going great. Enjoy yourselves."

 

http://www.theonion.com/content/news/natio...e_lied_to_about

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Do you smell that?? Something smells kinda funny-like.

My momma had me spend a couple a weeks every summer on farm when I was in my youth. She wanted me to learn about things that city boys don't have the opportunity to experience in their city lives. It was a diary farm--and when the cows came into the barn for the milkin' -- they got to munch on all kinds of good things while we took the milk out of them. Besides milk --- the cows were putting out something else as they munched on their good food. That "something else" smelled kinda funny. Of course, all of the "something else" was picked up when we cleaned the barn --- and it was used to nurture little green shoots into health adult crops.

 

So maybe that is why I smell this funny smell ---- maybe the funny smell is coming from "something else" that is nurturing our economy's little green shoots----I sure hope so....because it sure enough smells funny.....

 

Goldman Sachs upgrades US banking sector debt

NEW YORK (MarketWatch) -- Goldman Sachs anal cysts on Wednesday upgraded their debt rating for the U.S. banking sector to attractive from neutral. "Supply of non-guaranteed debt is increasing from many of the stronger banking groups. Though this could also put short-term pressure on secondary spreads, we believe that there is demand for senior paper from investors, which we view as a positive development for the sector on an intermediate-term basis," the anal cysts said. They raised their ratings for Bank of America (BAC:bank of america corporation com BAC 14.17, +0.66, +4.9%) debt to outperform from in-line, and boosted their take on Capital One (COF:Capital One Financial Corp COF 31.34, +4.89, +18.5%) to outperform. They trimmed their view on Morgan Stanley (MS:morgan stanley com MS 28.20, +1.06, +3.9%) to in-line from outperform, "as it has tightened relative to peers in recent months. We remain comfortable with the company's fundamentals, but think that spreads now offer only fair value compared with peers

http://www.marketwatch.com/news/story/gold...&dist=msr_7

 

Wells Fargo & Co. (WFC) and Morgan Stanley (MS) sold a total of $11 billion in stock Friday morning, each boosting the size of offerings meant to plug capital holes identified by the government's stress tests.

......

 

Wells Fargo, of San Francisco, originally set out to raise $6 billion from public investors. It ended up selling $7.5 billion in shares and priced them at the top of its expected range, in a deal managed by JPMorgan Chase & Co. (JPM). The shares were priced at $22, an 11% discount to the stock's closing price Thursday.

 

 

Morgan Stanley, meanwhile, sold $3.5 billion worth of stock at $24 a share, a 12% discount to the stock's closing price Thursday. It had set out to sell $2 billion worth.

 

The bank sold 146 million shares. It said Mitsubishi UFJ Financial Group Inc. (MTU) agreed to buy 25 million shares at the offer price. Morgan Stanley in turn is repurchasing preferred stock it issued to MUFG at 110% of its face value, for the same total price MUFG is paying for the common stock.

......

Bank of America's upcoming 1.25 billion-share offering could differ from Morgan Stanley's and Wells Fargo's deals. If all of Bank of America's registered stock were sold in one offering and priced between $12 and $13 a share, factoring in a discount, it could result in $15 billion to $16 billion in proceeds. But Bank of America has registered the deal as an At-The-Market, or ATM filing, in which the shares can be sold piece by piece, when market conditions appear welcoming, rather than in one fell swoop. Under such a filing, it's possible for the shares to sell at various prices, and it's possible that the bank won't share all of the shares registered.

http://online.wsj.com/article/BT-CO-20090508-713752.html

 

Goldman Sachs Upgrades Capital One (COF) to Buy

May 7, 2009 7:31 AM EDT

 

Keefe, Bruyette & Woods Upgrades Fifth Third Bancorp (FITB) to Outperform

May 7, 2009 7:32 AM EDT

 

Goldman Sachs Upgrades Fifth Third Bancorp (FITB) to Neutral

May 7, 2009 7:32 AM EDT

 

BMO Upgrades Fifth Third (FITB) to Outperform

Morgan Keegan Upgrades Fifth Third (FITB) to Outperform

 

Goldman Sachs Upgrades American Express (AXP) to Neutral

Baird Upgrades Bank of America (BAC) to Outperform

Baird upgrades Bank of America (NYSE: BAC) from Neutral to Outperform. Price target increased from $9 to $18.

 

Morgan Stanley Upgrades Bank of America (BAC) to Overweight

Bank of America Upgrades State Street (STT) to Buy After Stress Test

Morgan Keegan Upgrades Fifth Third (FITB) to Outperform

BMO Upgrades Fifth Third (FITB) to Outperform

Bank of America Upgraded Morgan Stanley (MS) to Buy

 

http://www.streetinsider.com/Upgrades?offset=0

 

 

Is it possible that Timmy and the gang just pulled off the bigest "pump and dump" that we have ever seen. Is this what Timmy means that the banks will earn their way out of this mess?????

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jickiss is back!

 

 

 

jickiss is back!

 

 

and

 

what about the Stock of the Year, CDE, jick?

 

ans: $1.38 is the next buy point for the coming move above $2.00 on the current shares. remember, a reverse 1 for 10 is anticipated, if approved by da Shareholders....

 

jickiss!!!!!!!

 

Earnings out Monday Jickiss. Still long and strong here. Sitting thru the shakeout.

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http://www.bloomberg.com/apps/news?pid=new...id=aMnZ2MWfmKr4

 

?€œTechnical analysis on its own as a discipline does not work,?€? said Diane Garnick, the New York-based investment strategist at Invesco Ltd., which oversees $348 billion. Using it in isolation is ?€œthe fastest way to lose money,?€? she said.

:lol:

n30099979536_7794.jpg:lol:1098347453_0637.jpg:lol:

She's a stoolie at heart: "When she reached the age of 21 she married a toilet salesman." literally http://en.wikipedia.org/wiki/Diane_Garnick

 

"Ever since the Standard & Poor?€™s 500 Index peaked in October 2007, six of eight strategies -- which are supposed to make money whether stocks rise or fall -- failed, according to back-testing data compiled by Bloomberg."

 

"Burton Malkiel, whose 1973 investment text ?€œA Random Walk Down Wall Street?€? argued that price movements aren?€™t predictable, says chart-based investing worsens returns. "

:lol:

 

"Bill Miller, whose Legg Mason Value Trust beat the S&P 500 for a record 15 straight years through 2005, produced a loss of 72 percent, including dividends, during the bear market. "

 

"David Dreman was fired this year by Deutsche Bank AG?€™s asset management unit after his flagship $2.62 billion DWS Dreman High Return Equity Fund lost 65 percent. Both managers piled into stocks such as Freddie Mac and American International Group Inc., misjudging the severity of the financial meltdown. "

 

 

 

"?€œIt?€™s a little misleading to be looking at any indicator in a vacuum,?€? said MKM?€™s Stockton. ?€œIt?€™s a matter of knowing which ones to combine and knowing what environment you?€™re in.?€? "

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jickiss is back!

 

 

 

jickiss is back!

 

 

and, from the Play called "Julius Caesar," by wm. ss:

 

(your jickiss always directly believed that the following described the "Spirit" of America at the Real Top of western civilization, the double top years of 1966-68. Every year since those double top years has been a lesser year. your jickiss is convinced, beyond all doubt, that if any are old enough to have been born before about 1950, or so, they will agree. it matters not how much money you have or have made, where you live, or how lucky you may feel you have been, the tide has been going out since 1966-68. the evidence of the proof of this claim is about to become clear...the three key days are May 15, May 18 and May 27, 2009.)

 

 

We at the height are ready to decline.

There is a tide in the affairs of men

Which, taken at the flood, leads on to fortune;

Omitted, all the voyage of their life

Is bound in shallows and in miseries.

On such a full sea are we now afloat,

And we must take the current when it serves,

Or lose our ventures. (IV.ii.269–276)

 

 

jickiss!!!!!!!

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This is the first week a well over a year that I've been really, really off. I was going to put mid-five figures on SDS/SRS at the start of the week, but frooze on the amount. Closed out mid-day several grand down on the week, but not as bad as it could have been.

 

This is starting to feel like the 2003 bottom in a number of ways. The reversal that never came until 2007. While I don't think we'll have to wait that long, I do think I've found respect again for Mr. Bull.

Holding a small SRS long call position for event risk purposes into Monday.

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porter asked last night where the Fed audit is? So here it is.

 

Also, the only people who generally spread the idea that the Fed is a private bank are people who have another axe that they are grinding. When we repeat it, we are spreading misinformation. You may have done so without malice, but there is danger in that too. It behooves all of us to have an intense curiosity to ferret out the truth. Because it is very easy to spread the big lie, to the detriment of us all.

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