Speakeasy Posted November 13, 2009 Report Share Posted November 13, 2009 An illustration of Moral Hazard and Faith Based Reality. They always bring bad blowback. TEXARKANA, Ark. (Nov. 13) ?€” Evangelist Tony Alamo was sentenced Friday to 175 years in prison for taking underage girls across state lines for sex, effectively punishing him for the rest of his life for molesting children he took as "brides" in his ministry.During Friday's hearing, some of Alamo's victims testified about how their families were destroyed while the evangelist took over their lives. Brother Alamo Link to comment Share on other sites More sharing options...
Bungster Posted November 13, 2009 Report Share Posted November 13, 2009 An illustration of Moral Hazard and Faith Based Reality. They always bring bad blowback. Brother Alamo Oh fer Crystsakes....Wasn't he just doing "God's work".....um...nevermind... Link to comment Share on other sites More sharing options...
Bungster Posted November 13, 2009 Report Share Posted November 13, 2009 50 DMA on the RUT is acting as resistance.....This should be bearish.... Link to comment Share on other sites More sharing options...
Trader Joe Posted November 13, 2009 Report Share Posted November 13, 2009 Getting all wound up? ....or not? Link to comment Share on other sites More sharing options...
ChicagoBear Posted November 13, 2009 Report Share Posted November 13, 2009 Fun on a Friday night: sitting here with a beer and clicking the refresh button on the FDIC website waiting to see the latest bank failures. Waahoo! http://www.fdic.gov/bank/individual/failed/banklist.html Not sure if anyone noticed this PR snafu, but back on 10/30 the FDIC closed Park National Bank of Chicago. Giethner attended a ceremony there just hours before and bestowed a $50m award to the bank for investment. Ooops! http://www.thestreet.com/story/10624514/1/...arrassment.html Link to comment Share on other sites More sharing options...
alceringa Posted November 13, 2009 Report Share Posted November 13, 2009 Someone on IDS was moaning about the WSJ Online Subscription price going up. Why in the world would anyone pay Rupert Murdock money just so they can read his WSJ crap? Only a douchebag would do that. Read All WSJ Articles for Free I use Opera 99% of the time but if I see an article from the WSJ of interest, I just use Firefox to read it. I automatically get the WSJ Asia version, and once I'm in, I can read anything on the whole site. Not sure what happens with users from other areas. Murdock's threats about charging for internet content are empty threats. It's 2 lines of code to stop Google from referring to a site. Full disclosure, I pay money for his local broadsheet The Austrailan which is the least worst of a really bag lot of newspapers here. Link to comment Share on other sites More sharing options...
Trader Joe Posted November 13, 2009 Report Share Posted November 13, 2009 Finerman "I Don't Know" Counter November 13, 2009 Count: 0 1 Edit: I swear to God she either read my comment last night or someone tipped her off.....every time tonight that she was about to let one slip she caught herself....Damn it! Link to comment Share on other sites More sharing options...
Trader Joe Posted November 13, 2009 Report Share Posted November 13, 2009 Only a douchebag would do that. That would be me.... "Hello" "My name is Trader Joe, and I am an alcoholic a douchebag" ____________________ More importantly, thanks for that tip.....I'll look into it Link to comment Share on other sites More sharing options...
Drano Posted November 13, 2009 Report Share Posted November 13, 2009 In IDS near the close, Doc requested that we fart in his general direction. Always happy to do my part. Link to comment Share on other sites More sharing options...
Charmin Posted November 13, 2009 Report Share Posted November 13, 2009 50 DMA on the RUT is acting as resistance.....This should be bearish.... Let's hope so. Bigger caps get to profit from a cheap dollar. http://www.StockSharePublishing.com/ChartL..._1258152056.png Link to comment Share on other sites More sharing options...
ChicagoBear Posted November 13, 2009 Report Share Posted November 13, 2009 Dang! Only 2 bank failures this week. Both in Florida. How boring! Link to comment Share on other sites More sharing options...
Ags Nightmare Posted November 13, 2009 Report Share Posted November 13, 2009 check out Eur/USD and ES (s&pee Dec Futures). There's got to be some sort of algorithm that dictates how much every move higher on EUR reflects on the bottom line of these S&PEE companies. Madness...yesterday I traded the SPY off this...I literrally thought to myself.."are you sheeting me?"...... there were tw0 or three times if "I wasn't watching the technical set up of the EUR/USD" I would have covered the short.....NEM was pretty close to lock step as well.....as it was occurring, couldn't help but think the friggin fate and "price" of the United States of America's stock market is dependent tick for tick on a farking "carry trade"........A Carry Trade...LMAO!!! thats what AMZN is valued on...whoa am I itching to short that pig but this is flat out nuts... I said it yesterday and I'll say it again today...this market compared to what it was 15 years ago is a Carnival Freak Show...people have debated it with me but we are so conditioned now to moral hazard and looking for "Ron Insanes" next bubble...our markets psychotic nature has become the "new normal".... One bubble..two bubbles...three bubbles back to back to back in such a short time frame.....Holy Sheet ! Who knows how long this runs but "tonight" when Lost Money is "baffled by valuations".....is there any doubt this is gonna crash again ? They actually had a WTF moment.....I'm thinking sometime early next year when earnings start to puke again but it's clear the Fed has once again created ala "Field of Dreams'...."Something totally illogical".... the "carry my ass trade"....where algo's are synced to move like they were marionettes on Jim Henson's stage and Elmo upgrades Amazon to 200. Lastly...Just got finished reading through all the posts in IDS and felt like I was there...juat wanted to say this is a great forum with some of the best and wittiest minds on the net.....first thing I read and check every day is Doc's site and been doing it for years. Kudo's to all the great technicians who know who they are and Doc. Can't wait for next weeks lunacy....Hey CB....our Bears Suck....here's our future !!.....First Benson...then Orton.... Link to comment Share on other sites More sharing options...
Charmin Posted November 13, 2009 Report Share Posted November 13, 2009 Dang! Only 2 bank failures this week. Both in Florida. How boring! More Bears needed to push the Banking index down and keep it weak http://www.StockSharePublishing.com/ChartL..._1258155249.png Link to comment Share on other sites More sharing options...
POTUS Posted November 14, 2009 Report Share Posted November 14, 2009 Speaking of faith based reality, this week a Judge in England ruled that a belief in environmental principles has the same legal standing as a traditional religious belief. In other words, "climate change" is the new religion in the UK. Judge rules activist's beliefs on climate change akin to religion Link to comment Share on other sites More sharing options...
Drano Posted November 14, 2009 Report Share Posted November 14, 2009 Um. Apparently Jaime Dimon gave a speech today that essentially said the next time a big bank got in trouble it should be allowed to fail. Someone formerly with the Government Accounting Office also said the same thing. Seems to me the idea is being floated out there. Or, run up the flagpole to see if anyone salutes..... Which one do you think is in trouble? Link to comment Share on other sites More sharing options...
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