There's nothing wrong with the vertical height adjustment.

gtfo

"The outer Limits".

There is nothing wrong with your computer. Do not attempt to adjust the picture. We are now controlling the transmission. We control the horizontal and the vertical. We can deluge you with a thousand channels or expand one single image to crystal clarity and beyond. We can shape your vision to anything our imagination can conceive. For the next hour we will control all that you see and hear. You are about to experience the awe and mystery which reaches from the deepest inner mind to the outer limits of the "Mark to Market Blog".

http://www.cfhf.net/lyrics/outer.htm

It was a sight to behold on Cap Stool Today.

NEW YORK (Money) -- A former real estate appraiser for Washington Mutual is suing the bank, claiming she was blacklisted last year for providing a housing market forecast that was too gloomy.

Jeniffer Wertz, who is seeking unspecified damages, says WaMu stopped accepting her appraisals in mid-2007 a month after she reported that her local housing market in California was "declining."

...

In the lawsuit, which was filed a week ago, Wertz says she completed appraisals on two houses in May and then quickly got a call from a WaMu (WM, Fortune 500) sales manager demanding she change her outlook to "stable" so a loan could be approved.

The WaMu sales manager also demanded Wertz change her appraisal process to produce higher prices for the properties she was evaluating, according to Wertz's lawyer Stephen Danz.

WAMU maggots being exposed to sunlight

Anybody know if Bob Brinker ever recanted on his go long the spoozer at 1450 call from a few weeks ago? It's a long way to the bottom, Bob. Ask Carl.

i don't know why so many are calling for a ST bottom

i see many sectors just starting to turn down today

"Today I am long from 1365 in the March e-mini futures and still working at 1340 stop. I will get out at 4:00 pm New York time if the market is then trading below 1360."

http://carlfutia.blogspot.com/

Unreal. A real smart guy.
This guy won't take a 45 point gain last week on 2 days of action, instead he settles for 5 points. Today he gets his a$$ handed to him with an entry at 1365. ES closed at about 1337 meaning he got stopped out when it broke 1340. I've been watching this guy for months and this would be his 4th time over the past 2 months that he got stopped out of his position with a 25 point lost.

Wow!

...

For those of you studying Marketeeese as a foriegn language repeat after me..

[SIZE=14]HOw now down Dow

beardrech

plesed insert illustration

hahahaha

I especially like the original "put it on the altar" part. Two seconds earlier and beer woulda been coming outa my nose!


Merril CDO trader, "Sorry about that Chief! Missed it by that Much!".

"Oh my God! They killed Kenny!" (Stan and Kyle, South Park)

Moody's puts MBI on review for possible downgrade

What a colossal joke

I guess they can skip all the other grades and go straight to -zzz

MD,
Nice...very nice! About time the brokers start getting some real exposure..

[attachmentid=94764]

* Venezuela, Ecuador & Bolivia to Offer US Treasury Bond Insurance

Fwiw, my simplistic EWoof contemplation suggest we could be at/very near
(~ couple days) s-t low-i.e., precursor to min. 5 day, 5%+ rally in major
indexes. Of course, just a couple days could spill a lot more blood. Unless...

Pre-open, opex 50 bp cut tomorrow about 9 am EST?

Might not matter 6 months-or three weeks-from now, stil....

Crapvision breaking news, "stocks plunge as slaughter continues." Well, at least the "talking heads" sugar coating is coming off a little.

As Doc says, it is just talk.

Those Phd's just aren't what they used to be...

it is funny to watch crapvision or gloomberg during these extended selloffs.

The talking heads don't know what to say(excluding crybaby Cramer).

The ultimate contrarian indicator in OZ was the launch on Jan 2nd of a new business channel.

Pretty '20' something 'boys& girls' ready to give advice about all aspects of trading & investing.

Boy are these kids floundering.

9 down days in a row on the orbs wasn't in the script...

Countrywide Financial Corp., stuck with tens of billions of dollars in "alternative" mortgages it can't sell, is pushing customers to refinance into traditional loans that can be easily unloaded by the struggling lender.

The home-loan giant seeks to have $12 billion of these exotic loans refinanced into uncontroversial mortgages and has told its sales force to pull out all the stops to get borrowers to go along, internal documents show.

Countryfried cannot be saved.

Their biggest moneyloser loans in California are all for more than $417,000.

Chumps.

The dude on Crapvision just used my famous six months or so projection! Somebody should be getting a commission. ( I boosted it too!). haha I think ben did it a couple times today, as well!

They were advertising on CNBS today. I wonder how they are going to refinance the properties that are under water. I guess there are plenty of appraisers to give them the valuation they need.

IBM to the rescue after-hours

Don't you think they shot the wad wid the "pre-announce". They tried to jam with a GE thing at the close too.......

I had thought so

butt they're goosin' it hard after-hours

A small but momentous occasion for me today.

For the first time since I developed an interest in this stuff in early 2001, I have had a nibble at an S&P CALL option. (2 small Feb 08 1400 calls).

Not long term - my money is almost all holding Dec 09 1450 puts which are making me increasingly happy, but surely the playaz will engineer some sort of bounce soon??

Then again with everyone expecting it, might Mr Market surprise all by relentlessly heading South? Fundamentals suggest to me that would be appropriate untill about S&P 850 or so.

May we live in intersting times indeed.

another buckoff in crude today

I think GW did a wink-wink nod-nod with some Arabs on his visit

let it drift down for awhile

I think it was the "doc" that said today that the pigmen jam isn't working like it used to. Something about "bleeding in da streets"!

Don't get me wrong I'm a "shorty" fan from waaaaaay back.

WOW.

SPI Futures 5,500.00 -292

we'll see how IBM opens in the day session tomorrow

it's a big factor, obviously a component of both S&P500 and Dow30

it's +5.30 in night session so far

IBM results are from the previous 3 months.

I think everyone is suddenly looking to the next 3 months and realizing we are about to go cliff diving.



I was tempted to take a dong on the SPI but they took out all the calls .

The lowest one available was 5600.


I was gunna dong at 6200,then 6100,the 6000,then 5900,then 5800,then 5700,then I thought eff this...

What's left? Just politely ask Paulson to underweight the commodity longs and that'll do the trick.

Profunds SMN basic materials short best performer today. Meanwhile lets all get in our DUGout canoes and try to paddle upstream.

Well, It's a headline for sure. Might get a pop tomorrow AM. Longer term, the give the people "funny money" to simulate the economy is a sure bust I think. Most will just pay
offf "debt". Like that will help. the politicos are just trying to find a dry spot to stand on.

we might be seeing some capitulation in OZ.

My online broker has had a slight malfunction..

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When this kind of commentary shows up in the MSM, you have to be prepared for a bounce:
WSJ

Vomit stage??

He needs to be more specific.

Food or blood.

Food is nothing.

Blood is more serious.

Blood is probably another 1000 points lower.

another minor problem is Crapple refused to buckle today

actually closed up a pernt

up another pernt after-hours

a little more than 20% haircut off its high, some crazed "bargain hunters" might have a go at it here, pick some up fer 160 so they can mock their friends who paid over 200

GOOG body-slammed to 600 today

3-pernt dead-scam bounce AH

Bear sentiment indicator

Bear drool gloating meter is too high?

I sold my JAVA dong this morning for a one-day 5% gain

it's a livin'

might have another go at that one tomorrow

I think KKR still owns a ton of convertibles

I donged Dow futs 12249 fer the Friday greenprint

stop below

at a secret undisclosed location

One of the reasons I quit the appraisal business was that pressure. While it was illegal for us to comply, most appraisers did. It made me sick. And it wasn't illegal for these criminals to exert that kind of pressure, just for appraisers to agree to it. They had a real Hobson's choice.

Comply, or starve.

What a joke.

Fortunately, for much of my career I did work for the FDIC and RTC where I could write an honest report without fear of being pressured. Bank and mortgage broker work was frequently a problem, as were most local and state government agencies, who were frequently involved in scams to get a lot of money on appraisals for their property owning political contributors and friends.

South Florida Water Management District was the biggest of the whores I had to deal with. Absolute political hack scum funneling billions in tax dollars to the rich and famous.

County Commissions were the next biggest scum. The deal for the property east of Ft. Lauderdale International Airport was the biggest taxpayer heist I ever saw. I wasn't involved in the deal but they paid 5-10 times what I thought the land was worth to one of South Florida's biggest developers at the time. I wonder how much of that went back to the County Commissioners.

If we could get an investigation started maybe we could send some of them to aSS-pounding prison.

Problem is the investigators are usually in on it too.

Hey, maybe I can get my aSS appraised at a million bucks.

It's gotta be worth at least that much, based on the amount I've been renting it out for to the Pigmen.

Simple $caSShflow calculation.

It figures, they've got a new product out

http://www.ijam.es/

Bear gloating is high.

It might be different this time round.

Forced liquidation leaves people with no option but to sell.

If folks are using credit cards to make mortgage payments,plenty of folks probably have to sell stocks to buy bread...

Hey Briz, what's your online broker? Some cheapie fly-by-nighter?

do the punters even know that things are bad?

The headlines are getting very gloomy all of a sudden.

After months and months of soothing noises about the strong economy and no recession to suddenly...guess what,we are in a recession.

Do we have a wave of panic selling before a real bottom is put in?

The sheeple usually sell near the bottom,only to watch in horror as the market has a rally.

Brizzie - that's got nothing to do with Wall Street. It's the national malaise over the fact that Aussie are staring down the barrel in a cricket game for the first time in, oh, a thousand years or so.