tag:blogger.com,1999:blog-4682504039394116318.post3057507966447717590..comments2023-11-03T06:07:46.458-07:00Comments on mortgagespy hideout: Attention: Bulls and Bears.Bernard Madoff Onlinehttp://www.blogger.com/profile/12309643975279737386noreply@blogger.comBlogger18125tag:blogger.com,1999:blog-4682504039394116318.post-49449229125570413232008-10-12T15:58:00.000-07:002008-10-12T15:58:00.000-07:00or if your broker still there....ok, ok, ok, you d...or if your broker still there....<BR/><BR/>ok, ok, ok, you don't wanna hear that, fine. End of the world is not predictable by mortals. Ok. Got it.<BR/><BR/>But crash call is still on every day untill libor3 month - prime rate is below -0.25%.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-67731723343131410252008-10-11T21:02:00.000-07:002008-10-11T21:02:00.000-07:00keep in mind that you will need three trading days...keep in mind that you will need three trading days after you close out your shorts before you will be able to extract any of the money from the market...Dhttps://www.blogger.com/profile/09501392241484422000noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-34126399001754579142008-10-10T20:37:00.000-07:002008-10-10T20:37:00.000-07:00Well said. This is why long ago I simply put most ...Well said. This is why long ago I simply put most of my money in bear funds, small amount left to get myself in trouble trading with. I know what the end result will be, I just don't know when.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-5038299778359071832008-10-10T19:57:00.000-07:002008-10-10T19:57:00.000-07:00Those aren't chatters.The counterparty desk has cu...Those aren't chatters.<BR/><BR/>The counterparty desk has cut off all UK lines. ALL of it. And they asked me if I knew anyone to hire, a fullset from junior the the head of another desk. It's like a fullblown war. <BR/><BR/>Next in line, 4th day in the USA that money does not flow. Guys, this is just like when someone got a stroke and depending on how long the brain is without blood circulation he can expect to be dead or paralyzed or worse. <BR/><BR/>This damage is PERMANENT and you guys never considered the most likely scenario under your nose, that like other investments the discount rate on the equity has gone irreversibly up to this point and will not come back, you need to come to grip to that. <BR/><BR/>You all need to go back to some kind of more reliable measuring stick before investing anything. Those guys have nothing to lose other than 3, 5, 10K? These have no skin in the game and treat those money as if they are Las vegas money. <BR/><BR/>Now when you deal with your personal wealth with primary goal of securing its buying power and secondary wealth of looting as much as you can in the way down to zero, it's totally different story and the only one who will get you f*ed upside down is yourself. <BR/><BR/>I am sorry for lecturing but again when you weep on your own 1, 2, 3 months from now you will remember what I said here. <BR/><BR/>This week has been spectacular, and I might add half the profit was from the short covering rally #1 today, 150 seconds holding period. <BR/><BR/>The most important point to learn is that now bear market rally will last for 30 minutes max. I look forward to see it compressed even more to 2-3 minutes or seconds in not too distant future.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-10187662701541756822008-10-10T17:19:00.000-07:002008-10-10T17:19:00.000-07:00I'm sure Atilla has stops set by now. By the time ...I'm sure Atilla has stops set by now. By the time the sheeple have realized he posted "stopped out at 860" they'll be cooked.<BR/><BR/>Yes, keep us posted spy, I am long SSO and QLD now trying to figure out how tight to set my stops.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-48484366204804227912008-10-10T16:37:00.000-07:002008-10-10T16:37:00.000-07:00on a serious note, keep us posted on the swap desk...on a serious note, keep us posted on the swap desk/counterparty front line chatter...at least stuff we don't already know from published libor, hehe.<BR/><BR/>cheersjpickhttps://www.blogger.com/profile/08500483032330156654noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-41296825048792644112008-10-10T16:35:00.000-07:002008-10-10T16:35:00.000-07:00attila has to be wrong soon (though it has been gr...attila has to be wrong soon (though it has been great as I have been on the same side of him for a while), just because he now has people who two days ago didn't know what /es stood for, now they are trading with leverage (they claim at least, I don't even know if they are sure what leverage means) and making huge money with no drawdowns just following his calls with a lag of course...normally market karma says those people will lose their money soon, and since he is calling for a multi-month rally, hence your crash call will overwhelm his rally call...and there will be great wailing and gnashing of teeth on attila's blog ;)jpickhttps://www.blogger.com/profile/08500483032330156654noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-24933358136870271702008-10-10T12:28:00.000-07:002008-10-10T12:28:00.000-07:00yes. crash every day. beware of street performers....yes. crash every day. beware of street performers.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-6834501897115038182008-10-10T12:22:00.000-07:002008-10-10T12:22:00.000-07:00They have a circus going on at Atilla's blogThat m...They have a circus going on at Atilla's blog<BR/><BR/>That man is a great trader, no doubt. However, some of the guys following him are leveraged to the hilt. God help them when Atilla has his firs miss.<BR/><BR/>Are you long by any chance or are you sticking to your everyday crash call till the LIBOR-PRIME discrepancy resolves itself?dvs112https://www.blogger.com/profile/15899165063289557457noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-57591329344723660332008-10-10T09:56:00.000-07:002008-10-10T09:56:00.000-07:00I swap to monthly or quarterly.These overnights ar...I swap to monthly or quarterly.<BR/><BR/>These overnights are for repos and it's part of the cramdown. <BR/><BR/>1. it will blow out again.<BR/>2. lenders don't care.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-71247311085553222682008-10-10T09:08:00.000-07:002008-10-10T09:08:00.000-07:00what's with the Overnight, though?you'd think if t...what's with the Overnight, though?<BR/><BR/>you'd think if there was some credence to the rumored bank failures that are floating about, then that wouldn't have dropped, or was that just the amount of liquidity in the system finally overpowered the fear on the shortest of time frames?jpickhttps://www.blogger.com/profile/08500483032330156654noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-34867758549812528402008-10-10T09:05:00.000-07:002008-10-10T09:05:00.000-07:00GA is a jittery guy by nature and made more so by ...GA is a jittery guy by nature and made more so by things he's never seen before, so he's very excitable right now. <BR/><BR/>Generally he's right and I get enough information all lines to other banks (not just barclays this time) is severed. My company is hunkering down like never in its entire history. No cash leaving the vault. Literally. <BR/><BR/>Angers were mounting to see Prime rate under Libor 3M, and this is from the CEO, 2 days after I mentioned it. People sure took a lot of time to digest things.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-75719937592114348082008-10-10T08:54:00.000-07:002008-10-10T08:54:00.000-07:00save me attila!!!! AAAAHHHHHH *splat*:) that kinda...save me attila!!!! AAAAHHHHHH *splat*<BR/><BR/>:) that kinda counts as a crash call.<BR/><BR/>the preliminary lehman auctions do have me a little spooked, tbh.jpickhttps://www.blogger.com/profile/08500483032330156654noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-8925828511056304122008-10-10T08:43:00.000-07:002008-10-10T08:43:00.000-07:00yes, but only if GA allows admittance into his dom...yes, but only if GA allows admittance into his domain!jpickhttps://www.blogger.com/profile/08500483032330156654noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-23324035193058739832008-10-10T08:24:00.000-07:002008-10-10T08:24:00.000-07:00JPIck, You are now the ONE. The ONE who will bring...JPIck, <BR/><BR/>You are now the ONE. <BR/><BR/>The ONE who will bring the Daily Crash Call, remember? <BR/><BR/>heheheh.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-74735229335623688632008-10-10T08:06:00.000-07:002008-10-10T08:06:00.000-07:00yeah, but what if we hit 1200 in the interim...s&a...yeah, but what if we hit 1200 in the interim...s&p can go to 400 for all I care on wave 5 afterwards :).<BR/><BR/>anymore epic TF posts, or are you locked out as well?jpickhttps://www.blogger.com/profile/08500483032330156654noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-61844042770655636412008-10-10T08:02:00.000-07:002008-10-10T08:02:00.000-07:00relax. Both buyers and sellers are panicked people...relax. Both buyers and sellers are panicked people today / super greedy. The true price (when there's no crazy HF leverage out there) is more like 600 on SPX. That is subject to debate and that's what's the stock market is doing.MTGSPYhttps://www.blogger.com/profile/07211307742618074873noreply@blogger.comtag:blogger.com,1999:blog-4682504039394116318.post-31268137373221203492008-10-10T07:53:00.000-07:002008-10-10T07:53:00.000-07:00damn, locked out of TFthat is an epic Rjazz post.....damn, locked out of TF<BR/><BR/>that is an epic Rjazz post...<BR/><BR/>moment of truth, do we test 870...865...850...when does one bail on the long! AAAHHHHH, we're all gonna die!jpickhttps://www.blogger.com/profile/08500483032330156654noreply@blogger.com