Open Thread: See? The Glass Is Half Full!
Tell us all something we don't know. Or, if you're a pack animal, say something really unoriginal.
NOTE: Here's a great link about "Black Monday" that I ripped off from "Rajun Gayjun." But since no one reads his third-tier blog, I thought it would be better served here.
NOTE II: I interrupt this "Open Thread" to deliver a link of Stephen Colbert on "Meet The Press" discussing his presidential candidacy. I can't find it on Youtube yet, so just click the link and you can watch it from that site.
Oh yeah, speaking of Colbert and his bid for the presidency, go vote on the damn poll.
28 comments:
Ragin loves Maria.
Enough said.
-DT
remember the days of old, when maria was talking breathlessless on the floor, and her hair had that FF look to it...i always wondered what she was really doing on her off screen time
give me a break - that glass looks 3/4s full
For you singles out there, this is what you have to look forward to. :)
Love, Lust, Marriage
LOVE: When intercourse is called "making love."
LUST: When intercourse is called "screwing."
MARRIAGE: When intercourse is a town in Pennsylvania.
LOVE: When you share everything you own.
LUST: When you steal everything they own.
MARRIAGE: When the bank owns everything.
LOVE: When you argue over how many children to have.
LUST: When you argue over who gets the wet spot.
MARRIAGE: When you argue over whose idea it was to have kids.
LOVE: When you write poems about your partner.
LUST: When all you write is your phone number.
MARRIAGE: When all you write is checks.
LOVE: When your only concern is your partner's feelings.
LUST: When your only concern is finding a room with mirrors everywhere.
MARRIAGE: When your only concern is what's on TV.
LOVE: When all the songs on the radio describe exactly how you feel.
LUST: When the songs on the radio determine how you should do it.
MARRIAGE: When you listen to talk radio.
LOVE: When you're only interested in doing things with your partner.
LUST: When you're only interested in doing things to your partner.
MARRIAGE: When you're only interested in your golf score.
LOVE: You only leave the house to buy coffee and donuts.
LUST: You only leave the house to buy condoms and Vaseline.
MARRIAGE: You only leave the house when you're allowed.
As I was watching this video:
http://www.youtube.com/watch?v=mfKZhOMyVcc
I reflected on the days when I would stay out all night dancing at the clubs with beautiful women. You either have the ability to dance or you don't. I believe that trading is the same.
One evening last week, my girlfriend and I were getting into bed.
Well, the passion starts to heat up, and she eventually says, 'I don't feel like it, I just want you to hold me.'
I said, 'WHAT??!! What was that?!'
So she says the words that every boyfriend on the planet dreads to hear...
'You're just not in touch with my emotional needs as a woman enough for me to satisfy your physical needs as a man.'
She responded to my puzzled look by saying, 'Can't you just love me for who I am and not what I do for you in the bedroom?'
Realizing that nothing was going to happen that night, I went to sleep.
The very next day I opted to take the day off of work to spend time with her. We went out to a nice lunch and then went shopping at a big, big unnamed department store. I walked around with her while she tried on several different very expensive outfits. She couldn't decide which one to take, so I told her we'd just buy them all. She wanted new shoes to compliment her new clothes, so I said, 'Lets get a pair for each outfit.'
We went on to the jewelry department where she picked out a pair of diamond earrings. Let me tell you... she was so excited. She must have thought I was one wave short of a shipwreck. I started to think she was testing me because she asked for a tennis bracelet when she doesn't even know how to play tennis.
I think I threw her for a loop when I said, 'That's fine, honey.' She was almost nearing sexual satisfaction from all of the excitement. Smiling with excited anticipation, she finally said, 'I think this is all dear, let's go to the cashier.'
I could hardly contain myself when I blurted out, 'No honey, I don't feel like it.'
Her face just went completely blank as her jaw dropped with a baffled, 'WHAT?'
I then said, 'Honey! I just want you to HOLD this stuff for a while. You're just not in touch with my financial needs as a man enough for me to satisfy your shopping needs as a woman.'
And just when she had this look like she was going to kill me, I added, 'Why can't you just love me for who I am and not for the things I buy you?'
Apparently I'm not having sex tonight either....but at least that bitch knows I'm smarter than her.
Lol bubs!!!!!!!!!!!!!!!!
OMG I'm laughing so hard right now!!! are you foreal? damn man you are my hero right now!
LOL!!!! this is hella funny!
Tomer I can't take credit for it, just copied and pasted. If I ever said anything like that I wouldn't be walking straight for a week after getting kicked in the nuts
Wow, good stuff here!
I've had an insane day. Huge scary surf that I was very unprepared for... almost lost it on a rock.
A vague ominous message from a friend who had a friend (I know...) who dined with a large hedge fund manager last night... said Monday and Tuesday could be really, really ugly. But who knows?
Still, it has put me on edge.
-DT
Why should Monday and Tuesday be ugly, DT? You're making me nervous. If I do take the 2 days off and nothing happens, you need to at least buy me a beer.
Win,
That's all I got from the guy... it freaked me out too but it really shouldn't. After that decline on Friday I'm sure a lot of people are thinking 1987 (even though they really shouldn't be) and are a little nervous this weekend. I have no idea who this guy was other than that he's a "hedge fund manager." He could be the copy boy for all I know... just adding a little drama to the weekend.
-DT
bubs, thats an awesome story.. but I can honestly tell u.. that would take more balls then walking straight upto a women and breakin the ice... god damn!
What's going on is fear being created that leads to panic, which creates opportunity. (Did I just sound like Yoda?) The big boys will probably short the markets hard so they can get prices headed down so they can cover and continue to buy going long for the holiday quarter upon us. I know that SAC Capital is very good at this and they probably have "deals" with a couple other powers that be. The day that Apple announced their Iphone they sent the market down 5-7 point within minutes only to buy it up 10 points.
The other scenario is that they all sit and do nothing and the market doesn't move.
I hope for scenario #1.
Go Tigers!
How can you not be an LSU fan.
DT write another history post, it's been a long time from the last :))
Bubs your story is awsome!!! im thinking of pasting it in my blog for my asian reader have a good laugh at it. hehe ...
KC your analysis is pretty good. That is what i think too. The big boys will just hammer the market downward abit more. I think that the market will dive towards the 50ma or lower abit as the aug low. Then the big boys will be back and buy all the way up.
The glass is empty dude!!! just drink the water. hahahaaa
Tapeworm,
I believe you were talking of these days.
I definitely liked her better when she was a newbie, getting cross-checked by angry floor traders. This whole "interviewing presidents" and "moderating presidential debates" Maria is ridiculous. She's just not up to the task.
-DT
artha,
I enjoyed your post. I think my favorite was the following:
"LOVE: When you argue over how many children to have.
LUST: When you argue over who gets the wet spot.
MARRIAGE: When you argue over whose idea it was to have kids."
-DT
@KC,
Agree. Seems like there are a lot of crowded trades out there. If a little fear hits and people decide they want to sell, there could be a cascading effect.
I'm with you... I want some volatility.
@FX,
I'd love to write another history post soon. Hopefully I can do that.. sorry for the long delay.
-DT
@anything - there's nothing more interesting then walking up to some random chick. If you really don't have anything to say just tell them to buy you a drink. No hi or hello just go up to the hottest chick in the place and tell them to buy you a drink with a serious look on your face. They will be so shocked, they will be forced to talk to you for a couple of minutes, you might even get a free drink and phone number.
www.traderbubs.com
click on a ad or two, I'm on the bottom of the VO every other day.
I suspect that Monday is going to be really volitale - Friday didn't end in a way that I would have anticipated would be a bargain hunting opportunity, the sell volume was still coming in hard. I don't think pre-market prices are going to tell the story either.
If there is a gap up, I suspect some harsh sell off during the day. I bought RIMM and GOOG at the close Friday to carry for a gap open on Monday, and I'll probably start scaling out right away, maybe even in premarket.
RIMM and AAPL (after earnings) are on my target list for early this week, I'm going on a two-week vacation next Saturday, I'll buy options in both and put in a trailing stop and let it go.
--DougSF
Is Citigroup the new Enron, with a complicit Fed standing in the shadows?
Remember with Enron, risks were moved off the balance sheet in those secretive vehicles such as Raptor, etc. ("financial engineering").
When they were discovered... Enron became the largest financial collapse ever.
Isn't that what Citigroup (and others) is doing with these SIVs? And wasn't that kind of stuff outlawed after Enron?
Will Citigroup's shareholder's equity experience a severe markdown in the next 3-6 months?
Is that why Bernanke and Paulson made those comments earlier this week, to temper the markets before some kind of mega-destruction?
Plus:
*Dropping dollar
*Crap retail sales
*Housing/construction contraction
*Mortgage mayhem
*Endless war spending
WTF... things used to seem... brighter.
@Doug,
Agree. The close Friday, despite Maria claiming "buyers" were stepping in, was not at all confidence building.
I really like that link from the WSJ about Black Monday. It's interesting to see how the market reacted on the way down, with violent upside squeezes. Looks like it would be tough to trade.
I hope your holds work out. I went a little more conservative, buying some HCBK just at the close on Friday.
-DT
BDC,
What the hell is an SIV? Sounds like a painful venereal disease.
Meanwhile, I wouldn't be surprised if the market experienced a little tad of "mega-distruction." I think it would be very healthy really... what are we, in year 5 of a bull market? Historically, that's a little ridiculous, especially considering the points you made above.
-DT
Bubs,
I can't get onto your site... is it down or something?
-DT
Site is working now but it has been going in and out lately. My hosting company said "they are aware of the problem and working on it"
Like a idiot I already paid for 3 years of hosting in advance.
DT: is this u...i guess if it is, u won't be able to respond
http://www.haaretz.com/hasen/spages/914904.html
do all surfers get chicks this hot?
@ Bubs, Yeah it's been in and out for a couple of days at least. Today I haven't been on it once. Can you back it up on Blogspot or something? Just wondering... seems beat that they can't help you more.
@Tapeworm, While I'm not Kelly Slater, I have been seen with supermodels and routinely scuffle with paparazzi.
Meanwhile, you guys should reall read those two articles I just posted from the WSJ that were written in the wake of the crash of 1987. Really amazing how close the system came to complete collapse.
-DT
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