We've had one trading hour of real selling since a double top at a 52 week, round number high.
People already looking for bounces. Myself included. What Pavlovian dysfunction.
Quod Severis Metes
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here. You haven't answered my question. Quite right. Interesting. That was quicker than the others.
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
The market will tell us where it wants to go....etc etc......
But IMHO the CRE market is presently beyond redemption.....and this particular Item wants to hit the pipe, spread obscene goods, and put the dissatisfied foot in the toilet. Right into ChiBear's yellowlooking, 900-degree, soft-serve swirl.
Amen, and all that. We'll see.
Quod Severis Metes
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here. You haven't answered my question. Quite right. Interesting. That was quicker than the others.
Been looking at Mr. Widget SPX again. It appears to me that if the red oscillator does not cue up sometime tomorrow and the yellow begins to travel below the ZERO line - the blue oscillator would get cue'd down down for one mother of a synchronized WALLOP!
Your life is the sum of a remainder of an unbalanced equation inherent to the programming of the Matrix. You are the eventuality of an internal anomaly, which despite my sincerest efforts, I have been unable to eliminate from what is otherwise a harmony of mathematical precision. While it remains a burden assiduously avoided, it is not unexpected, and thus not beyond a measure of control. Which has led you, inexorably, here. You haven't answered my question. Quite right. Interesting. That was quicker than the others.
Still watching the Nikkei to be cue'd for a turn and a bounce off the 50 bar ma. Now where's Asia Widget when you need one. http://www.StockShar..._1256177734.png
The market will tell us where it wants to go....etc etc......
But IMHO the CRE market is presently beyond redemption.....and this particular Item wants to hit the pipe, spread obscene goods, and put the dissatisfied foot in the toilet. Right into ChiBear's yellowlooking, 900-degree, soft-serve swirl.
Amen, and all that. We'll see.
As there appear to be no options on RMZ, broken record reminder: DRV, 3X bear; DRN, 3X bull
Of course, ass expected, Government Sachs and some other powerful players who got bailout money are immune to this.
"The companies under his authority are AIG, Bank of America, Citigroup, General Motors Co., GMAC Inc., Chrysler Group LLC and Chrysler Financial."
But definitely a step in the right direction. Employees at bailed out companies should have some limits to the rewards they receive for their incompetence. Too bad he can't slash bonuses too.
These companies would be chapt 11 by now.
They should be paid salaries based on the jobs they would be doing now if their companies had gone bankrupt
The Government far from reducing their incomes is now paying them far above what would have been the market provided alternative.
And the market provided alternative right now - they would be employed as janitors, fast food workers and cleaners.
This is not a paycut!!!!!!!
A lot of these guys would be unemployed and earning zero wihtout the bail outs.
Those that can earn more somewhere else will simply jump ship - if they can.
Kenneth Feinberg, the Treasury Department's special master for compensation, will lower total compensation for 175 employees by an average of 50%, these people said. As expected, the biggest cut will be to salaries, which will drop 90% on average.
What qualifications do need to get to be "special master"?
Hopefully the bonus pool is already allocated so we, ordinary piglets from this board, can get a better bonus, as our share will grow. Booyyaa!
Dodgers folded up like a cheap lawn chair. They should all get their pay clawed back for every game they lost. In fact that should be the new standard in pro sports... losers don't get paid period. You'd see people work alot harder!
Can't root for the Angels either, they are being schooled by the Death Star Yankees, with the Emperor himself running the show. Next time I post this I'll figure out how to the the Yankee logo on it.
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The men the American people admire most extravagantly are the most daring liars, the men they detest most violently are those who try to tell them the truth. -- H.L. Mencken
"Only a man who knows what it is like to be defeated can ... come up with the extra ounce of power it takes to win." - Muhammad Ali
"When plunder has become a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it." -- Claude Frédéric Bastiat
Here is a interesting moment in US financial journalism on CNBC. It does not describe the basis of the lawsuit very well, and does become a bit surreal at times. There is a nearly priceless moment at the end when the frustrated Attorney General of California Jerry Brown asks Dennis Kneale and Michelle Caruso-Cabrera, "Are you pimping for (State Street Bank) the defendant?"
You can watch the video and assess things for yourselves.
THat was great. Dude will be our next governor out here.
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
