Here's your 'Way-Back Machine".
Can one get an Anthropology Phd in Investing? You could write a thesis about Silicon Investor. <G/NG>
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To: No Mo Mo (who wrote) 3/28/2001 1:14:43 AM
From: patron_anejo_por_favor
No Mo Mo...here's your very own CFZ glossary!
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CFZ glossary-by all means not all-inclusive. Let me know of any additions or corrections you might find.
This is a post for all the lurkers and newbie CFZ readers who get occassionally confused by the colorful lingo expressed within. Although I don't agree necessarily with all of the descriptions/depictions below, they have appeared in the CFZ at one point or another. If anyone notes any additions/omissions, GFY!
ACMBD-"All Clowns Must Be Destroyed": the precursor thread to the CFZ. Worth looking at the header, which contains the now-famous "Clown Manifesto"
Joey Bagodonuts-Joe Battipaglia, aka Fattypaglia, Joey BowlingBallHead
Banksters-Banker/gangsters
Big Kahuna, BK-market meltdown (preferably in one single day)
Bio-Nutz-Biotech stocks
BloJett-Henry Blodgett, internet analyst at Merril Lynch
Bozos-Jeff Bezos, AMZN CEO
Bubba-William Jefferson Clinton. AKA "Cohiba boy".
Bubble Boy-AKA, Alan Greenspan. Also known as Mr.Bubble, Greenjeans, AG, Easy Al and Al.com
Bubblevision-CNBC, AKA "CNBS"
Casino-a stock exchange, ie NYSE or Nasdaq.
Clown-any market participant who "invests" without regard to fundamentals of the underlying companies. Can be either bullish or bearish (though in the recent mania, obviously, more clowns were long). Generally completely ignore or have never heard of Balance Sheets. Tends to be easily offended by any hint of a suggestion that their "investment strategy" is less than sound. Blame government and AG for their own stupid mistakes, believe EBAY deserves a higher market cap than Boeing, etc.
ClownBux-the U.S. dollar
Clown Long-buying tons of speculative tech stocks (preferrably those without earnings) on margin
Clown Trap-Bull trap
The Clown Prince-depending on the context, either Prince Abdulluh of the Saudi royal family (famous for loading up on PCLN in the 20s, now at 2) or Jeff Bezos, CEO of Amazon.com
Dead Fish-Tech stock "analysts" who get all their information from chatting with the company they're supposed to be analyzing, rather than doing the hard footwork themselves
DeNials-Dan Niles, computer and semiconductor analyst at Lehmann (though apparently he's on a self-improvement kick...his calls lately have been improving). Also known as King of the Dead Fish.
Derivative King-JP Morgan, Inc. (after merger with CMB). World's largest holder of derivatives.
Devil Stock-used to describe various stocks with nonsensical trading patterns. Has been applied to EMC and PVN in the past 6 months or so.
(d)HELL-DELL computer
'Dung-Nasdaq composite index, AKA "NasDung"
EuroClownBux-the Euro, AKA, "Zero", "Zeuro"
EV-economic violence (also used with "TL" as in "TL and EV". Basically refers to losing a large fraction of one's wealth in the market.
FleaBay-EBAY, AKA FleaBag, the Flea
Fleck-William Fleckenstein, author of The Contrarian column and now moved to GrantsInvestor.com. A must-read if you are to hone a clown-free edge. His SI handle is "Bill F."
GFY-the approved thread insult, AKA "Go (4 letter expletive synonymous with intercourse) Yourself".
Glue Bong-a device used to produce the necessary degree of reality alteration needed to buy MSTR at 300, VNTR at 200, JDSU at 140, AMZN at 110, etc.
Gustafsaclown-Eric Gustafson, portfolio manager at Stein Roe, famous for offering to buy all the shares of Cisco you can sell to me at 50. Many of the CFZ participants took him up on his offer.
Harpo-Abbie Joseph Cohen, chief market strategist for Goldman Sachs and a noted permabull. AKA "Abbie Normal", "AJC"
I-Nutz-internet companies
JDS POO-JDS Uniphase
J6P-Joe Six-Pack. The archtypal average American. Now known as Joe Five-Pack after the recent market declines
JOTT-Jerk off Thread Trolls. Self-explanatory.
Lame Man-Lehman Bros. brokers. Notorious for putting out a sell reco on VerticalNet in February, 2000 while simultaneously selling its shares (at a huge profit) on the open market.
LLCF-Lock-limit Cluster F*ck-anticipated discontinuous market "event" where futures open limit down in a no-bid calamity
Louie the Lip-Louis Gerstner, IBM CEO
KGB-the holy trinity of the clown universe, Larry Kudlow, Tom Galvin, Joe Battipaglia.
MCHVE-"multiply correlated high-volatility event"...an economic euphamism describing a triggering event (ie, war, earthquakes) that sets up off limit movement in either direction in multiple markets (ie, war in the middle east simultatneously tanking equities and Israeli currencies while boosting Gold, the dollar, US treasuries, etc).
Mikey-Michael Dell, CEO of Dell Computers
Pissant-Bob Pisani, CNBS reporter, Master of the Obvious (and no slouch of a clown himself!)
PPT-Plunge Protection Team. A government agency charged with saving the markets during any severe downturn. Rumored to be headed by BubbleBoy, errr, Alan Greenspan himself. First saw action on October 20th 1987, more recently on April 4th 2000, April 17th ,2000 and most recently on March 22nd, 2001. For more information, see link:
washingtonpost.com
poots-puts. Favored money-losing speculative vehicle of thread regulars.
Portland Bubonic-favored herbal remedy of the thread.
POS-piece o' $hit. Generally refers to any company with aberrant trading patterns with suspected manipulation by brokers/market makers that multiple thread participants have lost a great deal of ClownBux on. Originally applied to MU (now known as "The Original POS, or POS-1). Now includes POS-2 (GTW), POS-3 (AMZN), POS-4 (SCH) and POS-5 (d)HELL or RMBS, depending on who you ask.
Queen Bingo Caller-Maria Bartiromo, aka, "pimp queen" and multiple other names too graphic to print
Ramp-any concerted buying of derivatives or options with the primary intent of moving the underlying instrument. The favored vehicle for this is the S&P index futures (SPOOs), classically done at 3:30 pm on an up day, but also at 3:55 when the sellers dont have time to take the averages back down before the close. Rumored to be the favored method of the nefarious PPT.
RealMan-Mythical figure known for administering his own brand of "Tough Love" to market participants, Clowns, Bulls and Bears alike, favoring the posterior approach.
Rambo-Rambus Inc (RMBS), aka "Ramp Us" "Ram Bust" or "Ram Us". Notorious short squeeze device in February, 2000.
Scamazon-Amazon, Inc (AMZN). AKA "The Scam"
Sheeple-cross between "sheep" and "people". Denotes unsophisticated investors easily led or influenced by the major investment houses and/or the popular media
Sickso-CSCO, AKA Sicko, AKA Crisco
Smell the Glove-denotes outrageously poor performance of a stock, index or individual investor to the point of humiliation. Derived from the movie This Is Spinal Tap, where it was the title of the bands album that was rejected by their record label for its offensive cover. The cover depicted a naked, greased woman on all fours, wearing a dog collar, with a leash held by a hand, ostensibly male, clad in a leather glove and extended into her face, demanding it be sniffed.
Somewheres-Larry Summers, former Secy of the Treasury
TL-tough love (used with "EV" as in "TL and EV"). Phrase also used by thread fave Gail Dudack in a recent interview, and by GW Bush during the Presidential debates.
"Trading Range"-(deceased) Longstanding range of DJIA from approximately 2/2000 to 3/01 (between 9850 and 11,425). Died of natural causes March 21st, 2001.
The Unmentionable One-a market crash of cataclysmic dimensions, ideally completed in one day. Synonymous with Big Kahuna.
WEB-Warren E. Buffet, CEO of Berkshire Hathaway and legendary value investor. Famous for coining the phrase "Monetizing Shareholder Ignorance" at the market top in his annual report in February 2000.
Yeller Dog- GOLD, AKA "Yellow Dog", "Old Yeller", "worthless yellow shite", etc. |
