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B4 The Bell Fryday, I Love The Smell Of Burnt Bull


Guest yobob1

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Isn't it amazing that North American Chickens only get the "good" flu? Take two aspirin and peck me in the morning. Sort of like only one mad cow got into the US from those dreadfully diseased herds in Canada. Well OK maybe there was a small herd, but we know where they all are and trust us they are fine. Well ok we can't find half of them and there seems to be a lot of cow craziness lately, but don't worry, it is contained. Just like the Asian bird flu is contained, which it is by the way. Not one single infected chicken has shown up on the cameras of the two Martian rovers. So there, it is contained. Well, except for those 200 chickens we fired off into the center of the Milky Way.

 

The Earth is an enclosed biosphere and globilization has led to all sorts of things being shipped all over the globe. There can be no "containment". Disease, parasites and pests of all sorts have become the world's best globe trotters. We have a prolific tiny Asian snail infesting the rivers in Idaho. Supposedly this little friend hitched a ride across the Pacific to Portland, OR, and then latched onto the barges headed to our inland port at Lewiston, ID on the Snake River. Everything in Southern Idaho drains into the Snake River. The dams on the Snake River should have stopped them, but then we spend a lot of time trucking fish around dams here with all sorts of fish moving activity. The local fish hatchery in town now has to spend a lot of time cleaning the screens because these prolific breeders will actually plug up the screens. We're 75 miles up river from the last dam.

 

Another day another Matrix sponsored trading glitch. You would think these guys could come up with something more original than "technical difficulties". I keep warning people that having all your eggs in the Matrix is a very bad idea. Try and prove you actually own anything you don't have in your hand. But I have all these documents. Documents can be forged and our records don't even show you as existing, let alone owning 1000 shares of IBM. Your securities were never registered in your name. See we just press this button here, and poof you disappear. Digital zeros and ones don't mean squat when it come to crunch time. Even good old greenbacks might be better than 200 shares of Newmont. If you have long term holds in stocks, I would seriously think about getting them registered and delivered. There are only about 700 billion in greenbacks in circulation worldwide with perhaps half of that in the US. Think about it, all of those hundreds of trillions of dollar denominated instruments backed up with a mere 700 billion in cash. While Uncle Bucky's digital value might crash, in lieu of an accepted alternative, greenbacks within the US may surprise with their utility.

 

It's 3 AM, do you know where your boner is? That's right, the same place it is every morning at 3 AM, in the futures markets. I remember the good old days in 2000 when they almost always proved to be contrary indicators. Maybe those days are coming back into vogue. Frankly I think the market is more dangerous for bears when the futures don't boner up. At least this way you know what the matrix is up to. Uncle Bucky also got his viagra dose this AM. Metals are relatively calm - maybe too calm. Fridays are always good days for metal slams unless Uncle Tom (Ridge) comes out with a red alert because he found a secret decoder ring in the pocket of a 10 year old airline passenger. I think all these cancelled flights and other bull shit has nothing to do with acting on "intelligence" and everything to do with justifying the existence of our Homeland Security. Keep em scared - they're more malleable. Hell everyone is telling everyone else our intelligence is crap. Even our President says they don't know what they are doing. "They just gave me some stuff on a sheet of paper, how am I supposed to know, I'm just a moronic chimp. It's all their fault, I tell ya!"

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Good Morning Yobob...great rant as usual.

 

I am very interested to see whether or not we see some more "technical glitches" in the online trading complex today. If anybody hears of any type of outage today, please let me know.

 

As for the market...it sure looks like another good day for the bears, and feels like a turning point in speculative psychology.

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http://www.chron.com/cs/CDA/ssistory.mpl/nation/2412200

 

Feb. 20, 2004, 7:15AM

 

Moroccan jet diverted to Maine

Associated Press

 

NEW YORK -- A Moroccan jetliner flying from New York to Morocco was diverted to an airport in Maine Thursday and authorities gave conflicting reasons for the action.

 

A private investigator in Chicago said a missing investment banker had called his family from the plane before it left New York and the investigator said he had alerted the FBI.

 

The Boeing 767 landed safely at Bangor International Airport in Maine, and was expected to resume its trip early Friday, officials said.

 

Royal Air Maroc's Flight 201 took off from New York's John F. Kennedy International Airport at 7 p.m. EST and was headed for Morocco when it received a bomb threat, said Mark Hatfield, a spokesman for the Transportation Security Administration.

 

However, Holly Baker, a spokeswoman for the Federal Aviation Administration in New England, said she knew nothing about a bomb threat. Baker said the plane was diverted because "there was a person aboard who they felt was a security risk."

 

She said the plane was well on its way to Casablanca when it was diverted. It landed in Bangor around 11:15 p.m., she said.

 

The private investigator, Eddie Rizzo, told The Associated Press that missing investment banker Zubair Ghias called from the Royal Air Maroc flight. Ghias was last seen by his family on Saturday and Rizzo, who was hired to investigate, tracked Ghias to New York through his credit cards.

 

 

Rizzo quoted Ghias as telling his wife, "I'm on flight 201 to Morocco. I've been captured by al-Qaida, they want me to do something for them. I love you, I just gotta do this."

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Well that was a lousy prediction plunger. It was way over two minutes. Maybe as much as 3 or 4 minutes. :lol:

Agreed...I feel like such an idiot.

 

Actually, I had already typed in 5 minutes, but I thought that sounded way too optimistic, and changed it to two.

 

My plan for today is to cash out of my considerable short positions sometime prior to 3:30, in anticipation of the traditional monday morning jam job.

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ONEIDA, N.Y.- Oneida Ltd. has laid off another 40 employees as the struggling tableware company continues its lean-manufacturing strategy to regain its profitability.

 

The affected positions were hourly and overhead support jobs, company spokesman David Gymburch told The Utica Observer-Dispatch.

 

The layoffs bring Oneida's payroll down to about 950 at its plants in Oneida and Sherrill, he said.

http://www.telegram.com/apps/pbcs.dll/arti...722&cachetime=5

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