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AH yesterday,douchebag traders were paying over 30 for Mr Softie

 

Barely held 28 today.

 

 

Lots of damage done today.......

 

Uh...."lot of damage"

 

Well, I would posit that even more damage was buying it 3 years ago and having nothing to show for it.....

 

Also, a 100% run in less than a year ain't too shabby

 

BWTFDIK

 

Just sayin'

 

Who knows....maybe we'll see $15 again....

 

big.chart?symb=msft&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=3140&style=320&time=10&freq=2&nosettings=1&rand=1790&mocktick=1&rand=4355

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kwave,

 

nice chart--amazing that it is an ABC down move with the 200x900 smack in the middle

 

Something like that is my wag at this point, I think we're going to slice through the 900 on the first pass. If we get a similar move on the QQQQ, I guess we'd get to about 38.5.... (completion of ABC)

 

post-1726-1264808772_thumb.png

 

Of course, I know nothing :lol: :lol: :lol:

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More on the copyright infringement case.

 

http://www.news8.net/news/stories/0110/700436.html

 

It seems that the recording industry had previously offered to settle with her for $3-5,000. She refused it, and instead has had a team of lawyers involved in 2 trials, now a third one is scheduled. Anyone who has ever dealt with a lawsuit knows that you can't begin to hire a lawyer for a trial for $3-5,000, and one that is as complex as this one would be far, far more.

 

So it certainly does not ring true when the attorneys say she won't settle the case for 25K now because she doesn't have money. What does seem to be true is their statement that she won't settle for ANY amount of money.

 

What I want to know is: who is paying the hundreds of thousands of dollars that these legal fees are costing? Something stinks here. I want to know whose vested interests have made it worthwhile to drag this through the courts again and again.

 

And of course, which means we have to keep reading about this crap. :wacko:

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Well, after surveying the damage, my fartfolio managed pretty darn well....at least thus far.....through this spanking machine

 

2662263.jpg

 

The most damage was done to stuff that has had non-stop upside moves since last March, or in the prior few months:

 

To wit --

 

big.chart?symb=fcx&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=14920&style=320&time=8&freq=1&nosettings=1&rand=2968&mocktick=1&rand=423

 

big.chart?symb=kol&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=3047460&style=320&time=8&freq=1&nosettings=1&rand=693&mocktick=1&rand=5138

 

Even junk debt is taking a breather...albeit, a small one....at least thus far

 

big.chart?symb=jnk&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=3000124&style=320&time=8&freq=1&nosettings=1&rand=4539&mocktick=1&rand=5991

 

My spec / garbagio holdings are dong just fine, thank you

 

However, even I concede that if this downside "drama fo yo moma" gains momentum, things could get ugly fast....but revists to things like S&PeePee 666.......puleaze <_<

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Well, after surveying the damage, my fartfolio managed pretty darn well....at least thus far.....through this spanking machine

 

2662263.jpg

 

The most damage was done to stuff that has had non-stop upside moves since last March, or in the prior few months:

 

To wit --

 

big.chart?symb=fcx&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=14920&style=320&time=8&freq=1&nosettings=1&rand=2968&mocktick=1&rand=423

 

big.chart?symb=kol&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=3047460&style=320&time=8&freq=1&nosettings=1&rand=693&mocktick=1&rand=5138

 

Even junk debt is taking a breather...albeit, a small one....at least thus far

 

 

 

big.chart?symb=jnk&compidx=aaaaa:0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&size=2&state=8&sid=3000124&style=320&time=8&freq=1&nosettings=1&rand=4539&mocktick=1&rand=5991

 

My spec / garbagio holdings are dong just fine, thank you

 

However, even I concede that if this downside "drama fo yo moma" gains momentum, things could get ugly fast....but revists to things like S&PeePee 666.......puleaze <_<

 

I have no clue about the maximum downside,but looking at the charts I could make an argument for anywhere from 875-925.....

 

Eventually

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Yep still has a bullish, ride the trendicator look to the 10 yr weekly...

 

2 year futs went out at a new all time closing high......

 

As long as Treasuries can rally or hold their own when other assets, financial and real fall, then nothing has changed. I hope we have 5 or 10 more years. In which case maybe all this will pass and we can live happily ever after.

 

The thing is there is broad support for wrecking the Treasury so as to bring back that old fashioned American self reliance that makes for a great society when the people who have achieved nothing, as Luskin says, will be forced to suffer for their sins. Unlike Wall Streeters, and Luskin himself, who identified an opportunity to put himself into the world of Reagan camp followers so he could get on TeeVee and sell bad investment advice to the losers he now decries. A sort of low rent Larry Kudlow.

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I have no clue about the maximum downside,but looking at the charts I could make an argument for anywhere from 875-925.....

 

Eventually

the S&P could go see a modest correction down to 400 this year

 

400

 

the Gov't has pulled their bids from the S&P futures

 

they're simply not there

 

unless and until they come back, there is NO SUPPORT

 

NONE

 

common stocks are crap right now

 

wealth vaporizers

 

git out

 

(long-term I'm bullish)

post-2457-1264814148_thumb.png

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Californica controller: State will run out of cash before April

SADSACRAMENTO — State CONtroller John Chiang-Chiang issued a stern warning Friday about Californica's cash reamserves, telling legislative leaders <_< and Gov. Arnold Schwarzenegger they must act on nearly $9 billion in budget cuts the governor is seeking by March — or the state will run out of cash to pay its bills.

 

SHUT IT DOWN!

 

SHUT IT ALL DOWN!

 

RIGHT NOW!

 

THE "STATE" HAS NOTHING WE NEED.

 

FIRE 'EM ALL, SELL OFF ALL THE BUILDINGS AND EQUIPMENT AND LAND, AND DISTRIBUTE ALL THE PROCEEDS, IN CASH, TO THE TAXPAYERS.

 

THEN CANCEL ALL PENSION AND BENEFIT PAYMENTS GOING FORWARD, CLAWBACK ALL PENSION PAYMENTS FOR THE LAST TEN YEARS, AND SEND ALL STATE WORKERS TO ONE-YEAR OF ASS-POUNDING PRISON AS MEET RECOMPENSE FOR ROBBING THEIR HARDWORKING PRIVATE SECTOR NEIGHBORS ALL THESE YEARS.

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Californica controller: State will run out of cash before April

SADSACRAMENTO — State CONtroller John Chiang-Chiang issued a stern warning Friday about Californica's cash reamserves, telling legislative leaders <_< and Gov. Arnold Schwarzenegger they must act on nearly $9 billion in budget cuts the governor is seeking by March — or the state will run out of cash to pay its bills.

 

SHUT IT DOWN!

 

SHUT IT ALL DOWN!

 

RIGHT NOW!

 

THE "STATE" HAS NOTHING WE NEED.

 

FIRE 'EM ALL, SELL OFF ALL THE BUILDINGS AND EQUIPMENT AND LAND, AND DISTRIBUTE ALL THE PROCEEDS, IN CASH, TO THE TAXPAYERS.

 

THEN CANCEL ALL PENSION AND BENEFIT PAYMENTS GOING FORWARD, CLAWBACK ALL PENSION PAYMENTS FOR THE LAST TEN YEARS, AND SEND ALL STATE WORKERS TO ONE-YEAR OF ASS-POUNDING PRISON AS MEET RECOMPENSE FOR ROBBING THEIR HARDWORKING PRIVATE SECTOR NEIGHBORS ALL THESE YEARS.

 

Better yet, anex it (if that's the right word) and just give it to Mexico.....let them deal with it

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