Tuesday, October 14, 2008

Beware of Fakes.

The REAL one says target is 562.

Stay short and strong.

20 comments:

AJ said...

my paki cab runs on spoos
i run over faggots like youse
i pick up many a white chick
they like my punjabi dick

i tell them im long the spz
and they say put it in me
too bad mortgage faggot only likes
strapons with motorcycle dykes

please keep posting your trades mortgage faggot :)

PS do you know anyone with NYC taxi cab authority???

ARAK said...

OMG AJ,

Are you now the Apache Indian rappaer?

PS: I'm not so sure of Mtgspy's ethnicity anymore ... unless in his previous post he made a typo. How many folks spell math as maths? Think that one over. I can think of only two such countries.

MTGSPY said...

Anecdotal: It does not look like the airports are that busy lately, with the economy down and all.
Taxi traffic decrease is at least compensated with increased #s of peanut gallery postings from the cabbies.

MTGSPY said...

LFmazzO.

AJ said...

what is so funny mortgage faggot
my cab up your ass like gerbil or rat
we be killing it in the stock
too bad you like asian cock

we be rapping and rhyming
i tear many a sexxxy hymen
gonna go eat me a chicken curry
this market will rally in a hurry

go try to slang some option arm
i will buy punjabi farm
u can come for lamb vindaloo
but i am long the spoo

if you live through gypsy cab
so your ass boyfriend can stab
while the real traders like me
buy the spoos with glee

Greenie said...

I do not want to add fuel to this childish feud between two of you, but as far as my analysis goes, you are on the wrong side, Mr. Spy. Let me explain why.

I have no doubt about your spreadsheet on earnings, but financial markets are not truth-seeking systems. Instead financial markets take immediate past and project it to infinity. Therefore once the earning collapse happens, you can expect the markets to discount it for the future. I do not think there is enough visible evidence to discount SPX to 550.

One good example is DSL. It was clear in early 2007 that the company had tons of bad debt, yet do you remember how long it took for the stock to crack? Financial markets need real numbers to accept reality, not intelligent projections.

arak said...

I agree with you greenie. What did they say before? No recession, then mild recession in 2009, and yet even when this was known, markets kept going up. Look at FED. We all know it is a dead man walking, yet it climbs even in this market. Market has a tendency to go up irrationally in the short term. It is only in the long term, does it seek out value levels. I learnt my lesson with the last two bounces.

MTGSPY said...

Then get on the cab Greenie. Even if the radio's broken the driver can rap pretty good.

MTGSPY said...

It is a novel concept Arak, that having a very bearish long term target and be able to book 40% gain on the entire book (not just the positions) at the same time.

MTGSPY said...

On a 1000+ Dow day.

MTGSPY said...

"I do not think there is enough visible evidence to discount SPX to 550."

I can see the price is running at 1000 currently so it's definitely NOT visible.

arak said...

MTGSPY said...

It is a novel concept Arak, that having a very bearish long term target and be able to book 40% gain on the entire book (not just the positions) at the same time.
--------------

Explain me Obi Wan, how do you do that? Or if you would prefer to say it in private I can be reached at raja.arun at gmail

MTGSPY said...

We'll do.

Greenie said...

"I can see the price is running at 1000 currently so it's definitely NOT visible."

I meant observable evidence in earning, Mr. Spy. Price discounts future earning potential.

AJ said...

GREENIE AND ARAK
I DONT DRIVE ON CRACK
I BE BUYING THE SPOO
AND LAUGHING AT YOU

MOVE BACK TO PUNJAB
WHILE MORTGAGE SPY I ROB
I CAN GET DOWN IN THE CAB
WHILE MORTGAGE FAG IS IN MATHS LAB

SLANG THEM FHA
I KNOW YOUR GAY
WHEN I LEAVE THIS USA
AND THE SPY IS AT BAY
HE BE STUCK FOR GOOD
SELLING ARM TO NIGGA'S IN DA HOOD

keep posting you trades :)

my long spoos paki cab will take you down biatch

baaaaa baaaa booooooooooyah

MTGSPY said...

From now on all post will be done by Google account only.

Greenie, I agree with you this morning that there is NO reason for 562 today, and that's why it's great to cover for coffee money. Will go back to shorting individual names and part with you index playa slowly from this point.

Penn said...

Can you give some individual names that are good shorts right now? ZION is driving me nuts

MTGSPY said...

And yet that is a GOOD name. Don't get me wrong, a "bad" name is like COF, NLY, and HRB if you ever fought with any of those, but this isn't one of them.

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