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anyone-want-to-throw-darts

Anyone want to throw darts?

by DSB on July 3rd, 2008 at 12:13 am
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psychic waffling… I hope I channeled the right spirits. I have no time machine & the spirits can be inaccurate.
If:
ECB doesn’t raise rates, and the super accurate payrolls report looks good tomorrow, we end up 86 dow, 10 s&p, 7 Nas. NVDA gets shrugged off on strong dollar.
This would signal a postponement of time, expect and suspect other odd ‘good’ things happening. If there is an absence of bad news, the market will retardedly forget about the other wheels in motion, and would cautiously and optimistically drift up, especially if the Dollar appears to strengthen on oil/gold falling based on lowered geopolitical tensions. If this confluence of events presents itself, CNBC will get all cautiously positive again with all their hearts. I am sure even bad earnings and guidance from minor players might even be tolerated for a while.

If:
ECB raises rates and joblessness report looks bad, and there is no good or surprise news from a major co. then look out below.
We end tomorrow down 380, after being as low as 446.
S&P down 40
Nas down 82
Next week would have an attempted early run of any old bulls with more balls than brains (some old fucks like to get up early in the morning, then pass out in the afternoon after a half read WSJ and a glass of port).

If that Payrolls number looks good, I don’t buy it… The freeways around where I live have been EMPTY, and the carpool lane isn’t full. On a related note, if the demand for fuel drops, and they lower rates like they are supposed to, but nobody has a fucking job anymore and companies have gone out of business, then demand isn’t going to magically increase, fuckers. I think past a certain point of oil being so expensive over a certain period of time, the economy will have passed the point of resuscitation - or we are there already. If a massive oil well sprung out of Dennis Kneale’s asshole due to a vigorous attack by a curious bear while camping, and the price of oil rapidly plummeted due to the increase in supply… do you think that all the broken pieces of the economy would just come back to life? We will have been been choked out. We will wake up disoriented and our wallets will have been stolen by some asshole.

Good thing we all have money in each others houses, even if it was lent 60 times over to get there and the house is worth 30% less, and the lack of cashflow is forcing institutions to die or consolidate and die later.

Remember all these inverse ETFs are derivatives. Fuckers. At some point you have to cash out and walk away from the casino for a breather, no matter how well you’re playing. Imagine being the richest guy in the casino in chips, and for some reason or another you couldn’t ever leave the joint to buy shit in the real world? I bet that casino would start to be real depressing.

One Response to “Anyone want to throw darts?”

  1. Derived Says:

    http://uk.reuters.com/article/marketsNewsUS/idUKL0255042220080702

    Interesting re: derivatives market. Is this some kind of a trick to reduce transparency?

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