alf44 2,025 posts msg #102134 - Ignore alf44modified
8/9/2011 7:01:03 PM
.......... HEAR YE ... HEAR YE ... HEAR YE !!! ..........
.. The "Mother of all ODRs " was printed today !!! ...............
alf44 2,025 posts msg #102146 - Ignore alf44modified
8/10/2011 1:02:52 AM
................................................... Traffic !!!
VIDEO
...... Low Spark Of High Heeled Boys !!!
alf44 2,025 posts msg #102152 - Ignore alf44
8/10/2011 10:27:33 AM
alf44 2,025 posts msg #102176 - Ignore alf44modified
8/11/2011 1:46:20 AM So ... here I sit LONG copious shares of triple leveraged ETF Financials ... aka. FAS !
What started as a "hedge" ... has now turned into a "bagholder position trade" ! sigh ...
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I wake up this morning (ie.Wed 8/10/2010) ... to rumors of Euro Banks teetering on the precipice ...
... top that with an early dose of Meredith Whitney on CNBC "Squawk Box" ... uhh ... well "squawkin' about "zombie banks" etc...
and ... well ... the stage was set for a horrific day for the Markets (not to mention Financials and my dumb ass) !
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YAWN !!!
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Ahhh ... did I mention CNBC trottin' out Robert Prechter ... espousing his Elliott Wave ... "end of the world" gloom and doom schtick ?
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Again ... YAWN !!!
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It was also revealed today that noted Hedge Fund Manager John Paulson (who was LONG BAC and other Financials) was DOWN
over 31% in his Fund ... uhhh ... YTD !
So ... the smartest guys in the room are hurtin' ... waaay ... more than I am !!!
Small solace !!!
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This is uncomfortable !
This blows!!!
We shall see !!!
alf44 2,025 posts msg #102177 - Ignore alf44
8/11/2011 2:02:30 AM
............... HELP !!! ...............
...... Throw Me A Brick !!! ......
alf44 2,025 posts msg #102189 - Ignore alf44modified
8/11/2011 4:16:17 PM
FYI ...
........ SOLD 75% of my FAS LONG !!!
....... HOLDING remaining 25% @ ($16.25 avg)
TheRumpledOne 6,529 posts msg #102193 - Ignore TheRumpledOne
8/11/2011 8:29:26 PM "So ... the smartest guys in the room are hurtin' ... waaay ... more than I am !!! "
They are NOT the smartest.
History has shown that repeatedly!!
alf44 2,025 posts msg #102195 - Ignore alf44modified
8/11/2011 8:52:31 PM
Uhhh ... John Paulson (the guy I referred to) has a net worth of over $16 Billion
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... he is #39 on "The Forbes World's Wealthiest List"
... he correctly called the "Mortgage Meltdown" (well in advance) and banked over $4 Billion
... he then reversed and correctly called the "recovery" (well in advance) and banked another $5 Billion
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How'd YOU do during that period "Avery" ? LOL
Uh Huh !!!
I'd say that if he's NOT the "smartest guy in the room" ... he's at least in the conversation !
Clown !!!
Whatever !!!
alf44 2,025 posts msg #102199 - Ignore alf44modified
8/12/2011 1:09:28 AM
................................. Bruce Cockburn
VIDEO
............. If I Had A Rocket Launcher !!!
TheRumpledOne 6,529 posts msg #102204 - Ignore TheRumpledOnemodified
8/12/2011 10:30:14 AM It's nice to have you posting regularly again, Alf.