Jump to content


Photo

Bully trapped....Douches happy


This topic has been archived. This means that you cannot reply to this topic.
235 replies to this topic

#91 Charmin

Charmin

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 34,177 posts

Posted 23 January 2010 - 12:35 PM

and now "reality needs to materialize."

Brian Pretti
http://www.financial.../2010/0122.html

Isn't that a pretty picture

Posted Image
Cycles + Wyckoff + NTM = TechnoPile
A true Master averts disaster

#92 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,384 posts

Posted 23 January 2010 - 12:41 PM

Op Ed by David Stockman-

http://www.nytimes.c...n.html?emc=eta1

If your portfolio has you feeling irregular, for fast, long lasting relief, take a subscribatory. And support your local Stool!

#93 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 23 January 2010 - 12:43 PM

A K-Wave chart from awhile back....(my notation)

Just curious....

Dow_1928_1932_edited.jpg

#94 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 23 January 2010 - 01:19 PM

Bradley_2010.PNG

#95 Jimi

Jimi

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,187 posts

Posted 23 January 2010 - 01:22 PM

The public does need to have it explained. Mishkin is the one who doesn't get it. Typical academic economist shitheaidism. I was enraged when I saw that comment. That guy deserves to get inundated with hate mail. What a schmuck.

:unsure:

But... but... but.

Frederic S. Mishkin is a former member of the Fed’s board of governors and a close friend of Mr. Bernanke.

The article says so.

:mellow:

Surely, he knows Bernanke and the issues and they all have our best interests in mind.

:mellow:

I mean, they saved us all from breadlines and dustbowls. The least we could do is thank the nice economists and then reappoint one to the Fed?
Sure glad all my albums went GOLD.
"Ferdy-bee-bee-dee-ferbs."
Subscribe & Earn Karma Miles with Every Visit!
Rule #5 Professional Exemption.
Blind Follower, Just Think Positive Hyperinflation, I Get Paid 500 Quadrillion Dollars/Hour at 1000% Interest/Hour Compounding Forever Each Mouse Click Religion.
"I too observe 'flation.'"
I love you, TASR!
YOU MAKE KITTY SCARED
Tops Take Time
Postulate A Free Lunch Economy
Anyone, now, who is not genuinely afraid is a moran.
[T]housands of empty stucco crapboxes vacated after being circle-jerk sham-traded among corrupt borkers, uppraisers and loan officers from 100K up to 800K, then "nopay-walkaway" (with dirty loan cash in pockets)
Guess again, girlfriend.
Or, $2.7 million every effing day since the effing pinball machine.
Permabear Hysterian

#96 psyche doctor

psyche doctor

    Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPip
  • 7,301 posts

Posted 23 January 2010 - 01:25 PM

NOT BAD SO FAR! "I HAVE SUSPICIONS THAT 1898-1913 AREA COULD BE SOME KIND OF TOP. AT LEAST THIS AREA SHOULD CAUSE SOME KIND OF REACTION," PSYCHE DOCTOR. 01-04-10


ndx010410.jpg


THE UPDATED VERSION:


ndx012210.png
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving

#97 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 23 January 2010 - 01:26 PM

While I think Kass is a douche (so I guess he should be a frequent poster here :lol:) the bold below, or something like it, stands a chance....naturally, GS will wait until it's stock sinks to $38.00 per share before buying back the company and going private.

Whoa, Trader Joe you douche, what about all the Goldies that have restricted shares coming their way over the next several years?

Answer: Forward sale
_______________________________________

Doug Kass, who heads Seabreeze Partners, listed as one of his top 20 surprises for 2010 that Goldman would team up with Berkshire Hathaway and go private to get away from the populist outcry.

As a bank holding company, however, Goldman would still come under the regulators' scrutiny and curbs. And if it shed that status, Goldman would have to surrender a big source of nearly free money: federally insured debt issued under the Temporary Liquidity Guarantee Program.

You may not have heard of the TLGP, but it was one of myriad, alphabet-soup facilities set up in the rescue of the financial system. As Tim Backshall, head of research at Credit Derivatives Research, wrote in a note, "TARP was Nothing, TLGP is The Real Deal!" When Goldie's FDIC-backed TLGP bonds come due in 2012, it faces about a $1 billion jump in interest expense, by Backshall's estimates. JPMorgan Chase, meanwhile, would see an estimated $2 billion rise in interest expense when the TLGP debt rolls off in 2012. That's because the bonds pay on average of just about 0.66%.


Barron's

#98 Jimi

Jimi

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,187 posts

Posted 23 January 2010 - 01:41 PM

Yes, with ya there. This rise off the March bottom has been a triple-zigzag in elliot terms. Although a top here is likely, I don't think we can rule out another high just yet. We could easily bounce from the SPX 1085 area next week which happens to be a Fed week. There are guys out there like Mchugh who believe that this entire move down from the all-time highs is of the zigzag variety. If this be the case, then the next leg down, catastrophic wave C, will truly be a sight to behold, bringing civilization to its knees. Mad Max is on the horizon. God help the women and children.

I have enjoyed both your works with Elliot Wave over the years here.

What sort of preliminary downside target range you guys see for this, if you're reading it properly?
Sure glad all my albums went GOLD.
"Ferdy-bee-bee-dee-ferbs."
Subscribe & Earn Karma Miles with Every Visit!
Rule #5 Professional Exemption.
Blind Follower, Just Think Positive Hyperinflation, I Get Paid 500 Quadrillion Dollars/Hour at 1000% Interest/Hour Compounding Forever Each Mouse Click Religion.
"I too observe 'flation.'"
I love you, TASR!
YOU MAKE KITTY SCARED
Tops Take Time
Postulate A Free Lunch Economy
Anyone, now, who is not genuinely afraid is a moran.
[T]housands of empty stucco crapboxes vacated after being circle-jerk sham-traded among corrupt borkers, uppraisers and loan officers from 100K up to 800K, then "nopay-walkaway" (with dirty loan cash in pockets)
Guess again, girlfriend.
Or, $2.7 million every effing day since the effing pinball machine.
Permabear Hysterian

#99 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 23 January 2010 - 01:57 PM

Born on the Fourth of July

Posted Image

Gone by the Fourth of July

Posted Image

#100 Jimi

Jimi

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,187 posts

Posted 23 January 2010 - 02:03 PM

Stockman nails it.

We need a veritable army of people to speak out against this despicable state of affairs.
Sure glad all my albums went GOLD.
"Ferdy-bee-bee-dee-ferbs."
Subscribe & Earn Karma Miles with Every Visit!
Rule #5 Professional Exemption.
Blind Follower, Just Think Positive Hyperinflation, I Get Paid 500 Quadrillion Dollars/Hour at 1000% Interest/Hour Compounding Forever Each Mouse Click Religion.
"I too observe 'flation.'"
I love you, TASR!
YOU MAKE KITTY SCARED
Tops Take Time
Postulate A Free Lunch Economy
Anyone, now, who is not genuinely afraid is a moran.
[T]housands of empty stucco crapboxes vacated after being circle-jerk sham-traded among corrupt borkers, uppraisers and loan officers from 100K up to 800K, then "nopay-walkaway" (with dirty loan cash in pockets)
Guess again, girlfriend.
Or, $2.7 million every effing day since the effing pinball machine.
Permabear Hysterian

#101 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 23 January 2010 - 02:06 PM

just_sayin.jpg

#102 psyche doctor

psyche doctor

    Professor of Stock Proctology

  • Members
  • PipPipPipPipPipPipPip
  • 7,301 posts

Posted 23 January 2010 - 02:21 PM

I have enjoyed both your works with Elliot Wave over the years here.

What sort of preliminary downside target range you guys see for this, if you're reading it properly?


Below are two elliot wave scenarios. The zigzag would definitely be the most severe and exceed the March lows, probably by a good deal. It is not out of the realm of possibility that a cataclysmic wave C could put the SPX under 400 or even 300. Then there is the triangle idea. Both scenarios are based on the belief that this entire bear market is a wave 4 decline of a higher degree. There is also the chance that we could retest the March lows and put in a final bottom, which would have us doing some kind of funky flat.

CATACLYSMICWAVEC.png

TRIANGLETHEORY.png
I watched a snail crawl along the edge of a straight razor. That's my dream; that's my nightmare. Crawling, slithering, along the edge of a straight razor... and surviving

#103 Trader Joe

Trader Joe

    Phd, Douchebagology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 13,570 posts

Posted 23 January 2010 - 02:25 PM

Op Ed by David Stockman-

http://www.nytimes.c...n.html?emc=eta1


Krudlow has this guy on the other night....I had to do a double take, because Stockman was making some good points....

Krudlow worked for David S. in OMB in the Regan administration

#104 bearmarketymark

bearmarketymark

    Stock Proctology Intern

  • Members
  • Pip
  • 149 posts

Posted 23 January 2010 - 04:28 PM

How the f*** else are you supposed to make an OTC market?

For dummies: "Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order." http://www.investope...marketmaker.asp



Calling this market making or hedging is imho far from what was happening. These firms that were selling mbs knew(or should have known) that what they were selling was not AAA and was, in fact, stool.....can you say fraud.

Securitizers sell forward...meaning they collect the money that is used to fund the loans in advance and have no skin in the game......thus no reason to hedge(they weren't long in the first place--investors were long). aaahhh....but if you know what you are selling is complete crap and you buy cds (insurance) on the pools of assets you know are going to fail(because you bundled all the crappy loans)? Brilliant....if you are a criminal.

#105 fxfox

fxfox

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 11,126 posts

Posted 23 January 2010 - 04:31 PM

S&P500 monthly

technically it would have been good if we would have gone to the 38 fibo and marked a monster low around the 450, a low which would have washed out everything and of course a low which would have holded FOREVER. Now we are in a situation which looks quite comparable to the 1970s era.

Attached Thumbnails

  • S_P500monthly230110.png

'patriot' is formed with 'patria' and 'idiot'





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart