Wednesday, March 18, 2009

Boy-O, u have disappointed me.

By this time of year I would have expected industrial needs and basic materials to be given priority dead center.

But instead you are blundering into playing financial STOCKS!!!!! You put financial stocks in the center, and ignored the plight of everybody else. Why, I think you are about to learn new lessons in your latest move Sir.

Another disappointment from one of your most ardent, shadowy supporter.

13 comments:

D said...

BO found out you were bragging about your winnings and you posted your trades, so he sent an executive order to fade your trades and pillage your account.

MTGSPY said...

Then he pillages America.

Stockfarmer said...

Maybe Michele is day trading and only knows how to go long? BO is just helping her win.

Spy, Do you think the PE/HF buy of distressed assets and wind down of the pigs is off the table now? Based on the news cycle the last week and a half it looks like the old boss is same as int he new boss.

MTGSPY said...

it's completely off the table. M2model will take care of that.

MTGSPY said...

if u're short start hedging please. i never thought i'd be crossing over to the H-I camp, but time's changed.

alcan said...

I don't understand why you are surprised/shocked. You also were "shocked" last spring when Ben continued to lower rates in the face of ramping food/energy prices and were adamant that he had no choice but to raise rates back then.
You have been calling for social disorder yet are shocked by this latest QE move. You can't get there without QE.
Will you be shocked AGAIN when the markets are falling later this year and Ben threatens to buy corporate debt and municipal bonds?
Just make sure you have the nearest exit in site before then.

MTGSPY said...

So he printed money at the rate of interest loss. That was shocking to me and the impact on commodity was that not shocking to you?

Now he printed money to cover principals and interest, what do you think will happen here pray tell?

alcan said...

What will happen here pray tell?

We will get the social/financial disorder and hyperinflation/shortgages in essential items as you have predicted. Thankfully, INS willing, I will not be here to see it up close. Just trying to state that, if you expect this outcome, then you should not be shocked by the path that leads to this outcome.

MTGSPY said...

Dunno if you realize this, but an angry and somewhat motivated population is needed to riot. I know, i know, you will say later they'll show up.

But just like when there was no data for 100+ LTV behavior back in the days, what we do is to look at places in MI and OH and extrapolate, with remarkable accuracy as we found out later.

So I went to Northeast DC and I haven't seen any riot yet despite increasingly challenging lifestyle in the last 30 years. Why is that?

alcan said...

You may be correct; there may not be rioting [the 1st brigade of the 3rd infantry division will take care of that :) ]. And, even if rioting does not occur, it still may not be a society that you want to hang around in; I don't recall much rioting in the 1000 year Reich nor when Uncle Joseph was in charge.

Social breakdown is, and will be for a little longer, masked by such entities as UI, SS, foodstamps, Medicare/Medicaid, child support payments, annuities, pension plans, etc. Anyone can escape reality if the rest of the world is willing/capable of lending them >$2 billion per day.

For the sake of many good people, I hope I am wrong. But, after doing the math and running the odds (tempered by personal working experience in one of the above "masking" programs), I've decided to head towards the nearest exit.

MTGSPY said...

i just placed a very interesting screencapture in my area 51. Enjoy.

ARAK said...

Spy,

What is the H-I camp? Hedging Inflationists? And do you think the market goes up for at least another month? Its been on a tear the last week and half and it appears 850+ is a given at this rate if they manage to jump the creek at 800 to 810.

MTGSPY said...

It's kinda like Fema camp but with no toilet. send me an e-mail so I can enlist you. :)