Monday, February 4, 2008

Monday Morning Ramblings

Gmen sack Pats ... I guess Brady was spending took much time with Giselle and not enough on the playbook. Great game .. but I went to bed at 8PM and missed the second half. That's the price of getting up at 4AM to read the news.

Asia markets are up strongly with miners leading. Miners are up strongly in Europe early. This is more reaction to the Chinese stake in RTP. I have thought for a long time that Chinese direct acquisition of miners made sense and was inevitable. The price rises in iron ore, copper, coal and other minerals must seem relentless to China and since they can see no end as China has so far to grow to catch up to the West, buying the resources makes a lot of sense. I own BHP, RTP, RIO, PCU, FCX and CCJ in the Alpha Fund for the long term.

WSJ says Hillary's poll leads have vaporized and that with proportional representation rules for the allocation of delegates, Obama is likely to get as many delegates as Hillary whether he wins or not. Obama has a big bank account and can spend a lot on later states.

McCain seems ready to lock up the nomination. Polls in California show McCain tied with Hillary, losing to Obama. This means the Presidential race is now wide open as it's so early.

A book I'm reading is "The Trouble with Physics" by Lee Smolin. It's very good, covering the major problems in physics and astrophysics that need to be solved, attempts at them via string theory, its failures and also covers other imaginative efforts from other directions. The book also describes sociological problems in the physics community and groupthink of the string theory researchers that close off other avenues of progress even though string theory seems to be a dead end. I recommend it.

PS: From Briefing, a possible bidding war for RTP might occur. "Rio Tinto: China Investment Corp has put up $120 billion at Chinalco's disposal should it decide to make a full bid for RTP - Times of London"

65 comments:

mern said...

yes quite the game and even mern the mush won a few bucks.

so dont see anyone criticizing belichik for going for it on 4 and 12 and passing on a 49 yr field goal attempt.

was i the only one stunned by that decision?

mern said...

i am surprised that "the dead" r getting together to tonite for obama.

hearing those tixs r getting over 400 from scalpers. at the gate it will be over 500.

whatever happened to free shows in SF?

lol

mern said...

oh, and tom petty wasnt half bad last nite. they even let those guys jam a bit.

wasnt really buying the 16 yr olds knew the lyrics by heart.

next yr led zepplin of pink floyd?

oh yeah bman,zep 66-73, NOW THAT PASSES THE PEPSI CHALLENGE!

and u dont think roger watters has written some of the best songs, ever? (dark sid of the moon, the wall, wish u were). i will take those 3 albums over the bible any day!

mern said...

i can hear spin now

"SHIT, the gmen won it all! i guess im stuck with coughlin for at least another 5 yrs"

rofl at tikki, he looks like such an idiot right about now.

rondie has a ring, he dont. he cud have but bolted a season too soon.

Spin-em said...

LMAO...mern......mfl mia...I think he needs bail money....Frosty with the call heard round the world yesterday!!!!!..rofl

Bunkerman said...

I have those albums, mern - Zep, Pink Floyd - not as good as Louis Armstrong, Judy Garland, etc., on and on.

They just can't play that well. The sound is rough, not smooth and melodious. The singing sucks. Like Bob Dylan - gravel voices.

Nothing like frank Sinatra with the Tommy Dorsey band.

I liked them when young .. and ignorant of the better pre 1955 music ;-)

mern said...

robert plant cudnt sing well from 66-73?????????????????

his voice died around 73, becuase u just cant sing octives above your natural tune and not kill your voice.

any way u slice, what happened in the 60's was a renaissance. it was like that one in a lifetime peak. it happens, u r there, u understand the importance, but it is fleeting, and u spend the rest of your life trying to reach that peak again.

that was the summer of 66. wasnt there, but still feel that way.

ya giant fans happy but they still want coughlin fired.

;-)

so is DC spending more time on steroids and football than the taliban back in charge of afghanistan?

sure seems like it.

if it comes to obama and mccain, i mite just vote for darky. just to see what happens if he gets in. but he better be careful. robert kennedy didnt even make it to nov. david duke will likely try to get a lynch mob together.

Frosty said...

what poor taste in music...I may need to find another bolg to hang out in.

Bunkerman said...

What do you like, frosty, ... the beer barrel polka ?

Frosty said...

christtian hymns and sprititual songs...never can give thanks often enough.

mern said...

rofl

mern said...

where is bud?

did he lean on the pats?

arlen specter gonna get the eagles that 2005 ring, u watch!

ill go to the parade, but will TO?

Frosty said...

Bunkerman...CNBC back pounding the talbe that ABK and MBI failure, downgrades of debt will rock the street...you need to straighten them out.

Bunkerman said...

I've written them many times - they just like to shout "fire"; very sad.

mern said...

LMAO cramer is on howard stern right now

Bunkerman said...

The key line they mentioned, but buried, was that the insurers aren't having to make many payments on claims. This is all hype & fear.

mern said...

Roach Subprime ‘Dwarfs’ Dot-Com Bust

Think the subprime mortgage problem is just another version of the dot-com crash, or maybe an echo of the S&L crisis of old?

Think again, says Morgan Stanley Chairman Stephen Roach.

Speaking in Davos, Switzerland, Roach told investors that this time it really is different. Echoing similar comments by global financier George Soros and his former partner Jim Rogers, Roach said that the coming downturn will be severe.

Why? Because the portion of the economy linked to this collapse is six times larger than IT spending was at the time of the dot-com bust, according to reporting on the comments in the Financial Times.

mern said...

This recession will be more than a year long and three times deeper than the last one, he warned. "The magnitude dwarfs anything we saw seven years ago," Roach said.

The problem has been easy money, Roach explained. Our national addiction to credit is simply on a different scale and its eventual cost will be higher than ever before.

Britain is in the same fix, Roach said, and there is little governments will be able to do to offset the coming pain for families and consumers.

"If we had been running our economies the old-fashioned way, for example, where saving and consumption were funded by income, maybe we wouldn't be in this mess we are in now,” Roach said.

mern said...

Worse, the growth we have enjoyed over the past several years has been an illusion, fueled by that cheap credit binge on both sides of the Atlantic.

"Maybe the growth we have been realizing has been something of an illusion predicated on leveraging our assets, and unfortunately we didn't fully understand the risks we were taking on,” Roach said.

A turnaround now hangs largely on how governments decided to react. While lax regulation has fed the boom and blown it up into frightening proportions, now the risk will be too much regulation, Roach warned.

"There will be sand put in the gears of financial market innovation. Some of it will be justified but it will go too far. It's a significant risk," he said.

There is a lifeline being handed to the developed world, in the form of sovereign wealth funds from China and other Asian tiger economies, as well as oil-rich Gulf states, Roach suggested.

Roach was critical, though, of suggestions that foreign money deserved to be highly scrutinized.

"Why are we singling out sovereign wealth funds? Why shouldn't we ask the same of hedge funds, private equity or any other group of investors?” he said.

"Is it because these funds are coming from the Middle East, from China, areas that make us uncomfortable? Is this not thinly-veiled financial protectionism?” Roach asked.



LOL LOL

mern said...

actually i agree. the regulators r starting to go overboard.

they dont want stockbrokers buying stocks anymore.

and the structured stuff they want brokers to buy is CRAPOLA!

Frosty said...

Bunkerman...sounds like your beefer friends are all lined up against the tape with the blessing of the big cheifs on wall street...after the end of this reporting season everyone will bring numbers down to more realistic levels...WFC two new sell ratings today...timing indeed.

mern said...

This is a good, solid budget," the president said. "It's not only an innovative budget in that it's coming to Congress over the Internet. It's a budget that's balanced -- gets to balance in 2012 and saves taxpayers money."

"It's a budget that keeps important objectives. One, it understands our top priority is to defend our country so we fund our military as well as fund the homeland security," Bush said. "Secondly, the budget keeps our economy growing.

oh man u cant make this up!

Bunkerman said...

aren't the sell ratings a little late ?

The street just wants to generate commissions aka the vig.

Spin-em said...

mfl mia...not in the tank..lmaooo

the room is spinning
BARF!!!!!!!!!!!!!

Frosty said...

MLF59...mia...thought he would be tossing chicken wing bones at the tape today...go figure.

Frosty said...

Bunkerman...why not get your customers out of WFC at the Nov highs, Mern said they were going bankrupt.

mern said...

i did?

so its almost the 15th and the annuals r due for da tank.

members will be less than 50 by then.

no bud, no mfl?

bud must be getting his popcorn ready for super tuesday

Bunkerman said...

as usual, added GOOG to early. This is my typical "buck fever" error.

Spin-em said...

LOOL...I meant mfl has to be hung over...not the tank... Buds in today

Spin-em said...

I think Bud rode ELI all the way in the playoffs and jumped ship to Brady in the Bowl

Frosty..."Why do you say that spinny?"

thanks for asking Frost........cuz Bud is a ball buster...and he cant resist jumpin on somebody after the fact..especially when he's right.....His silence on picks last week....his lack of "I told ya so's"...tell me he went over/pats....Bud??..lol

Bunkerman said...

sheesh, beefers have open season on my stocks .. scum

Bud said...

uh spin......you got some extra-terrestrial powers? you a mind reader now?

i didn't hire you as my attorney.......don't speak for me

keep your silly assumptions to yourself

sheeeeeeeeeeeesh

Bud said...

is this a recession?

Bud said...

'i told you so's'


hmmmmmmmmmmm.........i can't wait til wednesday morning

i gonna pound frosty into the ground

when i'm done with him........he won't be able to sit for a week

Spin-em said...

what?????

mern said...

bud u watch maher friday or on replay on in demand?

i agree with him.

mccain gonna get right tix.

obama can beat him. hildog can not.

it is that simple. u shud hope obama wins the left! or mccain is in.

the dead reuniting for obama, is that gud or bad? i wonder if obama goes to the show and smokes a jibber with the band?

i see scarlet johnason loves obama. i luv her

mern said...

arlen specter is on a mission to get the eagles that ring from 2005.

doesnt he have some real work to do?

mern said...

i like during the debates the media gets their own room to listen and afterwards r shuffled into "the spin" room. they actually call it that!

ya the media gets spun alright!

pass the acid

Spin-em said...

win/lose...he would have told us either way...but this one hurts....I mean..he was early on the ELI train....tells me he changed his mind at the last second....the snippy retort towards me tells me Im right...Bud?..lol

mern said...

ouch!

mern said...

bud what did i tell u about betting, while doing bumps off strippers nipples???

lmao

Bud said...

i don't watch bill maher anymore

i don't find it entertaining

PS.....new show reccomendation

'Breakin Bad' on AMC

excellllnennnnt show

only 2 episodes in....it's great

Frosty said...

Bud thinks I want the hildog to go down in the primary...jethro tull indeed.

Bud said...

spin should be embarassed to be a giant fan

he's been pounding and bashin eli and coughlin for years

what a phony!!

at least frosty's not that.......he'a pussy......but not a phony

Bunkerman said...

One always has to remember the beefers can make Ms. Market dance any tune they wish for a few days - trying to gain fundamental insight from their antics is a total waste.

Spin-em said...

I saw the arlen interview..sounded silly......the only thing I have a problem with is why destroy the tapes?....What if down the road somebody come forward

....sign stealing pffftt

now if somebody gets the frequency Kenneth of the QB's helmet and sends it to a defensive LB who has a radio in his helmet?...now were talkin

Bud said...

so the beefers are makin the market 'dance any tune'.....huh?

if they are so powerful how come their returns lately have been poor?

today's market is just a reflection of buyers and sellers appetite for stox

this is not a breakdancing contest

Spin-em said...

Bud..as your newly appointed lawyer..I would stongly advise you that youre talkin out your azz.....that'll be $1100 sir..lol

Bunkerman said...

beefers are just punching each other out, like drunks in a saloon, making Lily dance as they do it.

Frosty said...

hearing of a new double juice darkside product that contains all the Bunkerman's holdings...name beffers revenge...ticker, FUCU, sponsor sounds like wu tang financial.

mern said...

today is also the first day the mutual funds r getting some call ins.

like the fidelity reps who r hearing "WTF my house imploded, in value. i just lost 10% in stocks, and my credit cards, for the holidays, give me high blood pressure. spare me the bullshit, send me my money"

i wonder how much of that is going on?

where that middle class go?

mern said...

http://www.iclips.net/deadheadsforobama.php

that the link for the show tonite.

i know they cant sing, but thats never been the point.

i need to fine tune my setlist projections. in the 2nd set, 2nd or 3rd song in, bob will strap on an accoustic and bust out a dylan classic. either "hard rain gonna fall" or "masters of war". probably da latter.

i cud be in SF right now if i wud have seen the tixs sooner.

Frosty said...

that is the devil's music.

mern said...

I lit out from Reno
I was trailed by twenty hounds
Didn't get to sleep that night
Till the morning came around

I set out running but I take my time
A friend of the Devil is a friend of mine
If I get home before daylight
I might get some sleep tonight


I ran into the Devil, babe
He loaned me twenty bills
I spent that night in Utah
In a cave up in the hills


I set out running but I take my time
A friend of the devil is a friend of mine
If I get home before daylight
I might get some sleep tonight


YEP SURE IS!

long live satan!

mfl59 said...

Beefer raid!!!

Frosty said...

MLF59...sounds like you're still drunk :)

mfl59 said...

I think I still might be Frosty...

Spin-em said...

8 brews for spinny for you in the frosty pool...not bad really....LMAOOO

Frosty said...

Spinny 8 Rock breakfast...post game empties fill a half track...one foot on the floor?

Spin-em said...

mfl..did you hurl????..I had yes in the pool..only cuz you party like a rock star...LMAOO

Bunkerman said...

sold of bit of RTP for 100% LT gain. Still have 2/3

Frosty said...

touch them all Bunkerman...well done.

mern said...

Boca Raton (AP) -- Three men were killed by a gunman after an argument broke out in a restaurant while the Super Bowl was being shown on television, police said.

No arrests had been made Monday.

The shooting happened Sunday night at the Uno Chicago Grill restaurant, part of a dining, shopping and entertainment complex near FedEx Field in the Largo area, Prince George's County police said.

Two of the men were shot in the restaurant's bar area and the third was shot outside in a parking lot.

Police said they believe all three men were killed by a single shooter.

Investigators were trying to determine what prompted the argument, which witnesses said occurred after one team scored during the Super Bowl, won by the New York Giants over the New England Patriots.

bud? whats this about?

mern said...

did u have like 20k on the moneyline, leaning on tom?

mern said...

Ann Coulter Vows to Stop 'President McCain'

so limbaugh and coulter hate him.

obama, mccain, either way i think we ok.

hildog will be a mess as wud mitt.

"it took a clinton to clean up after bush 1. i guess it will take another clinton to clean up after bush 2"

rofl, did clinton get impeached for lying to congress? and she stayed with him after he cheated on her. what a wonderful role model for the young ladys. its ok if your man strays as long as u benefit from it, financially or politically.

SHE SUX!