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DrStool
Can the bulls rise from the dead, zombie like?
prancing_cow
QUOTE(DrStool @ Mar 10 2008, 01:01 PM)
Can the bulls rise from the dead, zombie like?
*


they have proven many times that they can. Even with zombies unless I see the rolling heads, they are not to be presumed dead.

hokahay
QUOTE(DrStool @ Mar 10 2008, 03:01 PM)
Can the bulls rise from the dead, zombie like?
*




I am going to have to quote Kelly Bundy here. "The prostitution rests!".
Bungster
QUOTE(hokahay @ Mar 10 2008, 03:16 PM)
I am going to have to quote Kelly Bundy here.  "The prostitution rests!".
*



Quoting Kelly Bundy? laugh.gif

Well, I think the New York Governor bonnar failed...

[attachmentid=96412]
agent.5
QUOTE(hokahay @ Mar 10 2008, 12:16 PM)
I am going to have to quote Kelly Bundy here.  "The prostitution rests!".
*



As the official website is down, here is a PSA announcement for the diamond investors (with pictures)

http://www.huffingtonpost.com/2008/03/10/e...t-_n_90768.html
fxfox
Walter (Gib) Gibson: Elliot? You're gonna name the kid Elliot? No, you can't name the kid Elliot. Elliot is a fat kid with glasses who eats paste. You're not gonna name the kid Elliot. You gotta give him a real name. Give him a name. Like Nick.

Alison Bradbury: Nick?

Walter (Gib) Gibson: Yeah, Nick. Nick's a real name. Nick's your buddy. Nick's the kind of guy you can trust, the kind of guy you can drink a beer with, the kind of guy who doesn't mind if you puke in his car, Nick.


laugh.gif laugh.gif laugh.gif

(from "The Sure Thing", great 80s film, with an absolute awesome girl.)
cwd
QUOTE(fxfox @ Mar 10 2008, 03:27 PM)
Walter (Gib) Gibson: Elliot? You're gonna name the kid Elliot? No, you can't name the kid Elliot. Elliot is a fat kid with glasses who eats paste. You're not gonna name the kid Elliot. You gotta give him a real name. Give him a name. Like Nick.

Alison Bradbury: Nick?

Walter (Gib) Gibson: Yeah, Nick. Nick's a real name. Nick's your buddy. Nick's the kind of guy you can trust, the kind of guy you can drink a beer with, the kind of guy who doesn't mind if you puke in his car, Nick.
laugh.gif  laugh.gif  laugh.gif

(from "The Sure Thing", great 80s film, with an absolute awesome girl.)
*












Foxie, congrats on your thesis, but I am glad to see you backing trading and posting charts. biggrin.gif
Grand Poopercycle
Bullies wondering what command shall be.....

'swallow or spitz?' rolleyes.gif
Sudaca
SheetyCorpse broke below its 2002 closing low
cwd
It looks they are finally pulling the plug on this POS. It was one of the funders of those places in the pictures that used to get posted her. laugh.gif

user posted image
hokahay
QUOTE(Grand Poopercycle @ Mar 10 2008, 03:35 PM)
Bullies wondering what command shall be.....

'swallow or spitz?' rolleyes.gif
*



He should have just went to "Rachel's SteakHouse" and saved a grand or two. That's what the cognoscenti do, Right Doc!
Jimi
QUOTE(cwd @ Mar 10 2008, 03:40 PM)
It looks they finally pulled the plug on this POS. It was one of the funders of those places in the pictures that used to get posted her. laugh.gif
*


I'm sure just a couple of pictures of those places, and a handful of megawarehouses-out -in-the-middle-of-effing-nowhere would turn this market around.....

What was it that Brinker said, "Bears hate that they were ever born..."?
Mies van der Rump
QUOTE(Sudaca @ Mar 10 2008, 02:38 PM)
SheetyCorpse broke below its 2002 closing low
*




Thanks for posting that. I have been following their descent, but until you see it like that you don't realize how sobering it is. That thing is absolutely trading like it is going out of business. The selling is relentless.
Mies van der Rump
QUOTE(cwd @ Mar 10 2008, 02:40 PM)
It looks they  are finally pulling the plug on this POS. It was one of the funders of those places in the pictures that used to get posted her. laugh.gif

user posted image
*



LOL, looking at the trades, looks like the marketmakers made some steak money for tonights dinner.
cwd
Here is another one a stoolie mentioned in which I took a position. Thanks biggrin.gif
It has broken down, waiting for the move to resume,
Note the Fraudsters ran that from28 to 43 in Jan. Still a long way to ZERO. I wonder how long it will take to get there. rolleyes.gif

user posted image
shorty
Gooooog hankerin' fer a 3-handle ohmy.gif

another 20-pernt haircut today

that POS has already dumped halfway to the jickiss RCA'29 $40 target
Speakeasy
QUOTE(agent.5 @ Mar 10 2008, 01:26 PM)
As the official website is down, here is a PSA announcement for the diamond investors (with pictures)

http://www.huffingtonpost.com/2008/03/10/e...t-_n_90768.html
*


Since the name of the hooker Spitz was trying to arrange a triste with is Christine. From your article it appears to be this 7 diamond girl. 7 diamonds = $5500.

user posted image

Much better taste than Bill. laugh.gif
mdporter
Even FRE and FNM look like they are going out of business.

I remember seeing these kinds of charts during the tech bust. Alot of players never recovered. Should the same thing happen here to the banks and mortgage crooks time are going to be interesting.

Gary North had a recent posting talking about Bernanke and the loan problems. Apparently Bernanke was encouraging local banks to pick up the mortgage torch to support the market. North pointed out that the banks can't, because they are in up to their necks in local commercial real estate loans which are going bust. Thus, they have no money to give to J6P.

All of these institutions, including the government, are already functionally bankrupt. I'm willing to bet most are going to die on the way to the hospital. Right now they are all in the Fed ambulance, but how long can the ride last?

These two carts have had an all out crash:
shorty
QUOTE(Speakeasy @ Mar 10 2008, 02:06 PM)
Since the name of the hooker Spitz was trying to arrange a triste with is Christine.  From your article it appears to be this 7 diamond girl.  7 diamonds = $5500.
*


well now that Spitz is goin' ta aSS-poundin' prison, he'll be gettin' fer free all the action he wants laugh.gif

and then some ph34r.gif
Charmin
Feels like March 2001
Mies van der Rump
5:04 [BSC] Bear Stearns denies rumors of liquidity problems

5:05 Stool Wire [BSC] Bear Stearns liquidity problems confirmed
cwd
QUOTE(Mies van der Rump @ Mar 10 2008, 03:51 PM)
LOL, looking at the trades, looks like the marketmakers made some steak money for tonights dinner.
*




Maybe they made enough to join the Diamond Club. laugh.gif
Jimi
QUOTE(cwd @ Mar 10 2008, 04:27 PM)
Maybe they made enough to join the Diamond Club. laugh.gif
*


If I weren't a married man, I'd sure like my member to be a member.
Speakeasy
NIKKIE & the YEN are at interesting juncture here. If Nikkie goes below 12,189 (wave 1 high) it isn't in a 5 wave up formation and lower is implied.

Sudaca
QUOTE(Jimi @ Mar 10 2008, 04:41 PM)
If I weren't a married man, I'd sure like my member to be a member.
*



I'd never be a member of a club that would have my member as a member
Brisbane Bear
This is getting serious in OZ.

I mentioned Macquarie bank yesterday as the ultimate financial engineers that could be vulnerable.

It seems impossible to believe that they could ever get into trouble.

They were commonly refered to as the 'Millionaires factory'.

Yet a few scary stories/rumours appearing.

The rumour file

Loath to attract the ire of the regulator for wantonly disseminating rumours, we put the latest hot rumour to Macquarie Bank to debunk.

The rumour is there are a bunch of margin calls to be triggered at $45 a share. Macquarie Group stock has been under pressure. The other financial engineers have issued statements on exposure to leveraged executive shareholdings.

http://business.theage.com.au/nabs-100m-ir...80310-1ygo.html

then this..

IT SEEMS hard to imagine now, but last May Macquarie Group shares nearly cracked the $100 mark.

Since then a global credit crunch hasn't done the investment bank any favours. On Friday Macquarie's shares closed $1.57 lower at $45.43 - less than half a record high of $98.64 in May.

In more bad news, the Australian sharemarket is likely to open lower today after steep losses on US markets caused by continuing recession worries in the US.

http://business.theage.com.au/more-pain-be...80309-1y8m.html
Brisbane Bear
fxfox,

My favorite new beer drinking song goes like this...

There is only one Bernard Langer...there is only one Bernard Lang...er.

cool.gif cool.gif
Bungster
QUOTE(Jimi @ Mar 10 2008, 04:41 PM)
If I weren't a married man, I'd sure like my member to be a member.
*



Would it be possible to have my first hour "fees" uh, forgiven, and then resign my membership shortly thereafter? Heck, at my age, I'm not sure I'd last a full hour with Christie.... rolleyes.gif
Slappy
QUOTE(Bungster @ Mar 10 2008, 06:09 PM)
Would it be possible to have my first hour "fees" uh, forgiven, and then resign my membership shortly thereafter? Heck, at my age, I'm not sure I'd last a full hour with Christie.... rolleyes.gif
*



For times like those they probably have a deck of cards along.



AND they let you win.....




Not that I'd have any knowledge of such things.




but that never stopped me before....
Jimi
Interesting studies of Japan, Speak.

fxfox
QUOTE(Brisbane Bear @ Mar 10 2008, 05:00 PM)
fxfox,

My favorite new beer drinking song goes like this...

There is only one Bernard Langer...there is only one Bernard Lang...er.

cool.gif  cool.gif
*


he is a very fine person as far as i know. He even once did win at Augusta, thats where they get those ugly green jackets, looks like a jacket from a pit trader in Chicago laugh.gif

Golf is not very popular in Germany, more and more people play it, but still FAAAAAR behind those numbers in the US. Still seen as elitist sport.
fxfox
btw, is Greg Norman still playing? Must be 75 now or so laugh.gif
Bungster
QUOTE(shorty @ Mar 10 2008, 04:12 PM)
well now that Spitz is goin' ta aSS-poundin' prison, he'll be gettin' fer free all the action he wants laugh.gif

and then some ph34r.gif
*



[attachmentid=96421]

Only one thing in this life is for sure.....I will never cross you or your girlfriend Shorty! wink.gif
Brisbane Bear
I believe Greg Norman is now playing tennis .. wink.gif wink.gif


talk about alphabet soup.



The anger in the community is getting more than vocal.

IT SURELY must rank as one of the more remarkable cases of mistaken identity in the nation's history - AFG's national network of 2500 mortgage brokers is under fire from a handful of angry vigilante investors.

The reason? Embattled Allco Finance Group just happens to use the ASX code AFG.

Furious at Allco's plummeting share price, a handful of mum and dad investors have slashed the tyres of AFG-branded cars, sent abusive emails, left abusive messages with AFG's switchboard operators and, in a final straw for the company, one posted

an envelope containing white powder, which resulted in

the company's Perth headquarters being evacuated on February 7.

While the powers that be at AFG ponder a name change - in the wake of the anthrax scare it has been forced to rethink a planned national poster campaign that uses its "AFG" branding - the company is moving to reaffirm with consumers that its trading name is actually Australian Finance Group.

http://business.theage.com.au/afg-still-pa...80310-1yhd.html
GregFokker
QUOTE(Bungster @ Mar 10 2008, 05:09 PM)
Would it be possible to have my first hour "fees" uh, forgiven, and then resign my membership shortly thereafter? Heck, at my age, I'm not sure I'd last a full hour with Christie.... rolleyes.gif
*


"last a full hour" ?

Haven't done that since... ever, I don't think laugh.gif ph34r.gif
cwd
Is a trill a lot? There appears to be trouble in River City. Doc, it looks the Times has been reading the WSE.blink.gif

Bankers said that the problem was related to a perceived increased risk surrounding the AAA-rated prime mortgages and to the consequences of dangerous overleveraging of the funds themselves. In the case of Carlyle, its CCC fund had leveraged its assets by $30 for every $1 of its own cash.

“The whole industry was created by cheap debt,” the banking source said. “It was really all just an illusion.”

Underlining the Fed’s desperate attempts to calm markets, for the first time it said that it would accept mortgage-backed assets as collateral from the banks for fresh loans. As the fear spread, the perceived risk of owning US corporate bonds - measured by the widening of credit spreads – also rose to its highest level.

Friedman, Billings, Ramsey, the US analyst firm, said that the US financial industry would need $1 trillion of permanent capital to maintain current pricing of mortgage assets. However, it added that the industry would not be able to obtain that amount.
http://business.timesonline.co.uk/tol/busi...icle3508468.ece
Brisbane Bear
a study in OZ last week suggested the best sex should last between 3 & 7 minutes.

When my wife pointed that out to me,I told her those guys must be on steriods or something... laugh.gif laugh.gif
cwd
Not to worry the housing market will recover in 09. ohmy.gif

Now, after a very nasty week in markets, the whispers are that it might even be the big one: the worst crisis since the 1930s. Signals of distress abound: Friday's non-farm payroll data were awful, the US auction rate market is closed, banks' shares are collapsing, interbank rates are back in the danger zone and debt spreads are ballooning. Even sovereign borrowers like Italy are being hit. Meanwhile credit funds that made silly bet are dying. This week Carlyle Capital, a $21bn vehicle with net debt/book equity of 3,150 per cent as of December, missed margin calls.

Is the 1930s comparison sensible? Not really. As William Poole of the St Louis Federal Reserve pointed out on Thursday, in 1934 perhaps up to half of US mortgages were delinquent. Today only 6 per cent are. While individual banks, such as UBS and Citigroup face capital shortfalls due to their toxic credit exposures, industry write-downs so far of $200bn compare with total US and European Tier 1 capital of about $2,000bn. Spreads in the cash market for corporate bonds are back to the levels of 2000 rather than 1930. It is striking that European Central Bank President, Jean-Claude Trichet, said the fall in Italian bonds was a "wake up call" to its profligate government, not an aberration. There is even some evidence of bottom fishing, for example in municipal bonds.

The outlook is certainly ugly: a US recession, rising corporate defaults and perhaps banks in trouble. But it would take a substantial further deterioration before things get scary.

http://www.euro2day.gr/articlesfna/60561881/
Brisbane Bear
cwd,

But it would take a substantial further deterioration before things get scary.


give it another couple of weeks... wink.gif
Speakeasy
QUOTE(Jimi @ Mar 10 2008, 02:41 PM)
If I weren't a married man, I'd sure like my member to be a member.
*


Actually, I'd like to be the rating agent for the Emperor's Club. This little piggie gets 2 diamonds, this little piggie gets 5 diamonds, and this magnificent little piglet gets 7 diamond (died and gone to heaven) rating. I'd work cheap too. laugh.gif laugh.gif

In fact, I'd work Pro Bono®. ph34r.gif
cwd
South Africa isn't the only place where miners are having power problems. ohmy.gif

La Niña threatens copper mining in ChilePaul Harris in Santiago
Chile faces an energy crisis that threatens copper mining - its economic mainstay - as hydroelectric dams gasp over the worst drought in 100 years and natural gas supplies are cut off in the mineral-rich north.

Drought conditions in central Chile brought on by La Niña - a cooling of the eastern equatorial waters of the Pacific - mean that hydroelectric reservoirs are at dangerously low levels, forcing the Government to declare contingency measures, such as energy conservation in public buildings.

“We assume that the energy situation will be difficult. It is possible that we will have to implement rationing. We want it to rain and for La Niña to pass to El Niño,” President Bachelet said, referring to the wet weather that characterises El Niño years.

Energy analysts say that the central region faces uncertain energy supplies until 2010, when new generation capacity comes on stream.

http://business.timesonline.co.uk/tol/busi...icle3516603.ece
Mies van der Rump
QUOTE(cwd @ Mar 10 2008, 04:50 PM)


No:

user posted image
Jimi
QUOTE(Speakeasy @ Mar 10 2008, 06:11 PM)
In fact, I'd work Pro Bono®.  ph34r.gif
*


Always looking to give back to the community....

laugh.gif laugh.gif laugh.gif

"You know, I just can't quite decide whether you're a seven-diamond. Maybe we should assess again and you can maybe try harder...."
Jimi
...and didn't you mean, "Pro Boner?"
agent.5
QUOTE(Jimi @ Mar 10 2008, 03:43 PM)
Always looking to give back to the community....

laugh.gif  laugh.gif  laugh.gif

"You know, I just can't quite decide whether you're a seven-diamond. Maybe we should assess again and you can maybe try harder...."
*




Is there a way for me to buy diamond insurance? What if it turns out to be only a 3 diamonds instead of a 7 diamonds?

The actual indictment is pretty funny too.

http://www.thesmokinggun.com/archive/years...82emperor1.html
DrStool
QUOTE(cwd @ Mar 10 2008, 06:50 PM)

Underlining the Fed’s desperate attempts to calm markets, for the first time it said that it would accept mortgage-backed assets as collateral from the banks for fresh loans.
http://business.timesonline.co.uk/tol/busi...icle3508468.ece
*




There's that stupid assed lie again. Why in God's name do they keep repeating this horsesheet? It boggles my mind.
prancing_cow
QUOTE(DrStool @ Mar 10 2008, 04:56 PM)
There's that stupid assed lie again. Why in God's name do they keep repeating this horsesheet? It boggles my mind.
*


because it calms the sheeple nerves, I have a guy at work who after reading that said: you see, government is stepping in to help.
he is less nervous now.
fxfox
please could the last hedge fonds in the world announce when he goes long Oil? Thank you. Cause then i gonna short it with both hands and my left leg.
DrStool
QUOTE(cwd @ Mar 10 2008, 06:59 PM)


Is the 1930s comparison sensible? Not really. As William Poole of the St Louis Federal Reserve pointed out on Thursday, in 1934 perhaps up to half of US mortgages were delinquent. Today only 6 per cent are. While individual banks, such as UBS and Citigroup face capital shortfalls due to their toxic credit exposures, industry write-downs so far of $200bn compare with total US and European Tier 1 capital of about $2,000bn. Spreads in the cash market for corporate bonds are back to the levels of 2000 rather than 1930.

http://www.euro2day.gr/articlesfna/60561881/
*



That's a bogus comparison and he knows it. Today isn't 1934. It's 1929.

2013 will be 1934.
fxfox
QUOTE(DrStool @ Mar 10 2008, 07:06 PM)
That's a bogus comparison and he knows it. Today isn't 1934. It's 1929.

2013 will be 1934.
*


lets all hope that 2018 wont be 1939 ph34r.gif ph34r.gif ph34r.gif
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