i bid 300 Dow points -- trotsky, 15:56:42 07/26/07 Thu
for a Paulson containment suit. they said i can have one for free. it seems to be leaking a bit though.
everything's fine..... -- trotsky, 15:48:07 07/26/07 Thu
unanimous judgment of analysts on TV...this is just another dip you should buy. it's merely the 'restoration of sanity in the debt markets' project in action. so when debt markets go 'no bid' they are considered sane.
this might scare the shorts a bit, due to well-learned Pavlovian reflexes. there have been some extremes in market oscillator type data today that would normally - normally, stressed - lead to a bounce at a minimum. if they don't, then you know there's real trouble.
well... -- trotsky, 15:36:16 07/26/07 Thu
thank god the sub prime troubles are well contained! imagine what might happen if they weren't contained so well.
@markets -- trotsky, 14:19:34 07/26/07 Thu
too bad the gold stocks are caught up in a market-wide mini-crash - just as it seemed our party was finally getting going. anyway, this is the kind of mass-correlated hyper-volatility event where nothing escapes.
i'm looking at BSC - are they in more trouble than they have let on? the stock is in free-fall today.
flight to garbage in the stock market -- trotsky, 10:30:57 07/26/07 Thu
the by far most expensive stocks, AAPL, GOOG, BIDU, RIMM - all get bought. this is an exact replika of the 1998 crisis, when stocks like DELL, AOL, etc. rose for two weeks longer than the rest of the market, while bank stocks began to go into free-fall. in the end, the tech darlings suffered 50% hair-cuts though. gravity can only be temporarily defied. |
