[DrStool]

SPX loses more than a point! Panic in the Street!

[DrStool]

MrHanky, on Sep 11 2009, 03:20 PM, said:

I agree with Doc,the stock market will be left for dead at some point when all the money flow will go to propping treasuries.....


Soon

After spending all day looking at the H41 and other Fed data, the answer to the Treasury rally hit me, and you may not like it. I'll discuss in the big Fed Report Update. I probably won't finish it tonight as usual, but will post Saturday afternoon.

[Ags Nightmare]

Brick Stoolhouse, on Sep 11 2009, 02:59 PM, said:

Looks like they are shooting for the 9-10-01 close
of 9605.51. Some kind of twisted pigman salute.

Holy Sheet....if CNBS didn't run a special piece on this I would have never known...coincidence ?...these dicks could parallel park a school bus in a compact car spot....

.10 lower to the number 8 years later....UFB

What was the Daytona 500 trading at ?

[DrStool]

First it was Yeltsin this morning as a guest host on the Bloomberg video thingy below. Now they have David Letterman- See Commodities Outlook.

[PyurAureo]

With the Market Awash in Sea of Red ... Maybe this will come in handy

[DrStool]

Hey Pyur-

Thanks for the props on the flow chart. I strained pretty hard squatting over that.

And thanks for the matzoh ball soup.

mmmm....

matzoh ball sooooooooooop....

[bundys_dodge]

Bears watch out - CNBS is looking for market correction:

Where's the Market Correction? Four Ways It May Still Happen

http://tinyurl.com/lkxdyw

[dharma]

hey phat are you familiar w/marcus rose?http://www.bradleymodel.com/markus_rose/
dharma

[mdporter]

Annie Leibovitz has won an extension on a $24 million loan in a financial dispute that threatened her rights to her famous images, the two sides said in a joint statement Friday.

Leibovitz and the company, Art Capital Group, said the 59-year-old photographer had been given more time to repay the loan. The loan's deadline passed on Tuesday, but both parties had continued to work to try to resolve the dispute. Neither party would specify the length of the extension.

"In these challenging times I am appreciative to Art Capital for all they have done to resolve this matter and for their cooperation and continued support," Leibovitz said in the statement.

Her spokesman Matthew Hiltzik declined to comment on specifics of the deal.

Last year, Leibovitz put up as collateral three Manhattan townhouses, an upstate New York property and the copyright to every picture she has ever taken — or will take — to secure the loan.

Celebrity Distress

I'm sure owing $24 million puts in a much better bargaining position that $24,00. Still, it is hard to make that much $ snapping pictures.

[Brick Stoolhouse]

Ags Nightmare, on Sep 11 2009, 03:10 PM, said:

Holy Sheet....if CNBS didn't run a special piece on this I would have never known...coincidence ?...these dicks could parallel park a school bus in a compact car spot....

.10 lower to the number 8 years later....UFB

What was the Daytona 500 trading at ?

Makes the buy and hold theory seem ridiculous.
8 years later and no gains.Plus the loss in
buying power for bucky.

[Jimi]

DrStool, on Sep 11 2009, 04:18 PM, said:

Hey Pyur-

Thanks for the props on the flow chart. I strained pretty hard squatting over that.

And thanks for the matzoh ball soup.

mmmm....

matzoh ball sooooooooooop....

Alternate offering:

[Jimi]

We were recently discussing fat people's rights here....

Quote

INDIANAPOLIS - An Indiana court has ruled that a pizza shop must pay for a 340-pound employee's weight-loss surgery to ensure the success of another operation for a back injury he suffered at work — raising concern among businesses bracing for more such claims.

http://www.msnbc.msn..._and_nutrition/

[MrHanky]

Biggest up day for my Muni closed end NAV's in 4 months.....

This may or may not mean more money in my pocket,the NAV's are far outperforming the underlying for some reason.But for now it is a 12 to 13% move in NAV in just 5 weeks.

28 of the last 29 days have been up now for Municipal bonds...FWIW

[Ben Had]

Bank credit still contracting ....

Fed H-8

Ben says the recession is over though.

[Jorma]

DrStool, on Sep 11 2009, 04:09 PM, said:

After spending all day looking at the H41 and other Fed data, the answer to the Treasury rally hit me, and you may not like it. I'll discuss in the big Fed Report Update. I probably won't finish it tonight as usual, but will post Saturday afternoon.

Whatever that flow chart would look like in the end the Treasury borrowing is creating its own liquidity. Of course that word liquidity is a nebulous concept that can be used to make one seem smart when in fact nothing is known. At any rate I'm allowing up to another 50 years of debt expansion in my probabilities. Granted only corporations and government, the twins, would be solvent which presents some thorny cultural issues but celebrities football and porn might be enough to keep a lid on for a long long time.