Sunday, October 12, 2008

Fast forward to 3:42 - 3:55

"No nation will have any gain driving down the fortunes of another"

Who the hell was he talking to? What was he referring to?

"This time it's different" at 4:06. Different to what? [evilgrin]

Enjoy:

26 comments:

gler said...

Aww come on... give us your interpretation, oh wise one.

MTGSPY said...

Thank you fellow wise one. I think he was thinking of trade war or worse. Actually his adviser were the ones doing the thunking, i should say.

Now everyone has put their heads on the chopping block, and said "this time if it doesn't work and the ponzi scheme does not continue, thou may have our heads".

Ikea will be busy selling bookshelves. heeee heee heee.

MTGSPY said...

Actually the US still hasn't signed up on the interbank guarantee so hold back on ordering the bookshelves.

This is political finesse at its peak, go now and fail with the rest or hedge what they still have left and gambled on the last ditch when the europeans fail later.

stockfarmer said...

I listened to it. I have to think he is talking about China. The comments about isolation and wall did it for me. It would also make sense the nation that has the largest reserves says I'll pass.

MTGSPY said...

Did you see Kashkari on CNBC this morning? Oh, man, LMAO.

700B
7 COMMITTEE
5 (little) PIGMEN HASBEENS

US taxpayer is in more hurt that I thought last night.

D said...

wow...I knew this short squeeze would be amazing, but the continued action on globex is just awesome. There goes some more market liquidity...more dead market participants!

I haven't covered any of my longs but I have covered half of my gold short in one account.

pRhyME said...

i believe the song you were meaning to post was this one:

http://www.youtube.com/watch?v=yRVi0paZlfI

MTGSPY said...

I prefer on going on really quick trades with EVERYTHING I got.

The amount and the sign is less of an issue than the timing.

This game will get REALLY INSANELY scary at the 68.2% line of 112. That's a big F*in IF cuz it's 40xP/E on a dead index growing -5% a year for the next 5 at the best scenario.

MTGSPY said...

E4_D1 is the scenario I was talking about where that -5% growth happened and the discount rate is "low" 8% - that means the chinese just pump more money into toxic crap and broke US treasury over that time period regardless of their own well beings.

http://3.bp.blogspot.com/_GQJ0qdtGEv8/SO49b2qzHII/AAAAAAAAAO4/miYwZA90LhE/s1600-h/FVSPX.bmp


That's why I didn't allude that big of probability there, but now u see I wasn't fiddling around with numbers just to fill up a spreadsheet.

stockfarmer said...

So 1120 SPX is a line to watch, to possibly flip short? So you going to try to ride this long until then?

MTGSPY said...

I won't be paying attention at the levels as much as this calculation:

if I buy Jan 09 SPY 90 puts for $1/2/3/4 can I get 2-3-4-5 baggers or not?

The number on the left and right is absolutely up to your risk preference.

Cannot really measure with stick of variable length: namely volatility (AND very soon the $).

D said...

wow...all those odd-lot shorts need to come off before we can resume the bull feast.

MTGSPY said...

1929, 11.14: 217,28 +18,59 +9,36
1931, 06.10: 99,34 +12,86 +14,87

The ratio to target is not very off. I cannot believe how investing has boiled down to one thing only: when your opponents wheels fall off.

D said...

LOL, the reason the opponents wheels have to come off is because every trade has two sides amigo! that's what this squeeze is about, not that the market became 10% better over the weekend.

well, it actually became 10% juicier to short!

:)

MTGSPY said...

I look forward to a more peaceful times, where I can just run this website to swap mp3s and movies. :)

ARAK said...

I know where those odd lot shorts are coming from ... TF! :-))

ARAK said...

Mtgspy,

You are being cryptic again. Can you please explain what the 1929 and 1931 numbers are ... The first set seem to be month/dates, second set DOW values probably, but the third and fourth I have no frickin clue.

MTGSPY said...

changes in $ and %.
Like 112 is 56 away and 50% above 56. :)

AJ said...

This mortgage faggot is gonna get really upset when i drive my long spoos paki gypsy cab right up his ass on my way out of this country

keep posting your trades :)

Anonymous said...

Uh oh, suckerforum bar is expanding.

MTGSPY said...

LFMAO.

jpick said...
This comment has been removed by the author.
jpick said...

desk now freeing up with regards to counterparty risk?

barclays not a pariah after guarantees?

MTGSPY said...

I have not seen anything "good" developing here. Mostly more "sell sell sell" JIm cramer style.

AJ said...

mortgage faggot wait til i crank up the cab and buy more spoos

got 800 in fares this week and almost enough for one more es

i will be driving over your crash calling idiot ass in me gypsy cab

keep posting your trades :)

maybe if your real nice i will give you half price fair when i drive my cab back to punjabi

baaaaaaaaa baaaaaaaaaa booooooooyah

MTGSPY said...

Look at it this way, that taxi medallion will be a good currency to get your ass out of town and is not subject to margin call collateral from your ES tomorrow. :)