[MrHanky]

Never ending

[PyurAureo]

And the Beat Goes On ...

[bundys_dodge]

Ignoring CNBS, the news coverage in MSM is mostly bearish. Although MSM religiously prints bullish Goobermint statistical data, the news coverage is mostly about people losing jobs, doctors dropping medicare patients, state and federal revenue contraction, state spending cuts, union layoffs, standoff between unions and local governments, impending foreclosures, failure of loan modifications etc., In general the news is about societal pain. I believe this type of coverage provides enough J6P stock bears as fodder for the pigmen. And as is often said in this board shorts are their own enema.

Contrast this with the giddiness at the top of the bubble, even with the distant rumbles in the economy (back in 2007) coverage was very optimistic in general. (I realize that I am stating the obvious.)

[TenaciousG]

This guy is hilarious! Oh yeah - I went short the ES @ 1155.5

[capitall]

bundys_dodge, on 16 March 2010 - 12:28 PM, said:

Ignoring CNBS, the news coverage in MSM is mostly bearish. Although MSM religiously prints bullish Goobermint statistical data, the news coverage is mostly about people losing jobs, doctors dropping medicare patients, state and federal revenue contraction, state spending cuts, union layoffs, standoff between unions and local governments, impending foreclosures, failure of loan modifications etc., In general the news is about societal pain. I believe this type of coverage provides enough J6P stock bears as fodder for the pigmen. And as is often said in this board shorts are their own enema.

Contrast this with the giddiness at the top of the bubble, even with the distant rumbles in the economy (back in 2007) coverage was very optimistic in general. (I realize that I am stating the obvious.)

True.

One issue here though is that if today the news were to try to be optimistic, where would they be able to locate news about state and local governments with budget surpluses, employers hiring large numbers of people at good-paying jobs, rising home prices etc.? U can make up bullish government stats that R supposedly amalgamated from different sources, but U can't report individual company events or local government events that R not actually happening.

[sarcastro]

Seriously, does the Fed even meet anymore? They could have just sent out an automated email every three months for the past 10 years, saying something (when translated into plain English) to the effect of:

"The economy is gradually getting better, so it's ok to buy stocks. BUT
It's not so good that we'll need to raise rates, so you can buy bonds and treasuries, too."

As for me, I must be a masochist, because I went out and bought some call options on inverse-Nasdaq and inverse-small cap ultra-bear funds. It feels like it's the dumbest thing I've ever done, so I'm hoping that means I'm on the right track.

Also, it's too bad the Nasdaq closed down by a mere point on Friday. If it hadn't, I believe this would be a record number of up days for the market.

[Jimi]

Improv chatting piano guy is pretty hilarious.

This is pretty funny if you've not done it. First, watch this:
http://trololololololololololo.com/

Then, watch this:
http://www.youtube.c...h?v=MQ78IlJs5JQ

[TenaciousG]

Jimi, on 16 March 2010 - 03:56 PM, said:

Improv chatting piano guy is pretty hilarious.

This is pretty funny if you've not done it. First, watch this:
http://trololololololololololo.com/

Then, watch this:
http://www.youtube.c...h?v=MQ78IlJs5JQ

I'm crying watching the first video! This is what it must feel like being long the market - all is well -lalalalalalalal - hahahahah!

I hope this guy tours my town soon - got to get tickets.

EDIT: The second video is even better! This is what I feel like mocking and shorting the market - babbling and drooling incoherently! :-)

[Drano]

For the more sophisticated among us.




http://www.youtube.c...h?v=d_LV6dWcFaw

[TenaciousG]

Drano, on 16 March 2010 - 04:01 PM, said:

For the more sophisticated among us.

http://www.youtube.c...h?v=d_LV6dWcFaw

Good one.

[Jimi]

TenaciousG, on 16 March 2010 - 04:59 PM, said:

I'm crying watching the first video! This is what it must feel like being long the market - all is well -lalalalalalalal - hahahahah!

I hope this guy tours my town soon - got to get tickets.

EDIT: The second video is even better! This is what I feel like mocking and shorting the market - babbling and drooling incoherently! :-)

Totally. I died and my friend who sent it to me died. Cried, rolled around, gasped for air. I think there's a gene for it, and that it's definitely carried on the Y chromosome, because neither of our wives "got it." They were both like, "Why's this so funny?"

I can't explain it - it just is. Really funny.

[Trader Joe]

Payin' big to be a Dip Buyer these days...

While the averages are....well.....moving?.....uh

The movement in various "names"..."junks"....."cliff bombs"....has been nothing less than spectacular

Too busy counting my $ to do much posting these days

Hell, even a retard can make money in this market

Posted this one today Pre-open

You could have easily been in at $2.50ish and then out for almost 20% in 30 minutes...

But then again, WTF do I know

[DrStool]

It's real easy to insert the Utubes now. Just click the media icon on the right above the message box, and paste in the link to the Utube.

[TenaciousG]

Jimi, on 16 March 2010 - 04:15 PM, said:

Totally. I died and my friend who sent it to me died. Cried, rolled around, gasped for air. I think there's a gene for it, and that it's definitely carried on the Y chromosome, because neither of our wives "got it." They were both like, "Why's this so funny?"

I can't explain it - it just is. Really funny.

Thanks, I will end up singing this crap around the house for weeks.

[Jorma]

bundys_dodge, on 16 March 2010 - 04:28 PM, said:

Ignoring CNBS, the news coverage in MSM is mostly bearish. Although MSM religiously prints bullish Goobermint statistical data, the news coverage is mostly about people losing jobs, doctors dropping medicare patients, state and federal revenue contraction, state spending cuts, union layoffs, standoff between unions and local governments, impending foreclosures, failure of loan modifications etc., In general the news is about societal pain. I believe this type of coverage provides enough J6P stock bears as fodder for the pigmen. And as is often said in this board shorts are their own enema.

Contrast this with the giddiness at the top of the bubble, even with the distant rumbles in the economy (back in 2007) coverage was very optimistic in general. (I realize that I am stating the obvious.)

The economy doesn't have much or anything to do with the stock market or asset markets.