Thursday, June 19, 2008

Flattery

Imitation is the sincerest form of flattery, and this morning when I heard that Carl Icahn is now imitating this blog I was really flattered. Carl Icahn is starting a blog !

Hmmm ... having readers like Ben Bernanke, Hank Paulson, John McCain, and Jim Cramer is quite flattering, but now leading the movement to increase the honesty of financial discussion - that's great! [If only my populist libertarian movement would get going ...]

Summer doldrums are here but aren't really boring as the beefer ping pong is intense.

Two BSC hedge fund managers to be indicted. No surprise to me ... a tiger doesn't change its spots and if one plays the con game to long, Sgt. Joe Friday will eventually catch them.

UK retail sales were good ... uh ... hello bears ? The UK shoppers did NOT receive a tax rebate check. So what's the bearish spin on that ?

Oh well .. facts don't matter ... until they do. I don't think I'm being a fideist as I try to adduce facts to formulate my outlook. All the bearish outlooks seem to be quite fideist, though. Hmmm bears really do seem to be fideistic polydaemonists.

[For defintion of fideist, see it as a word of the day in a recent blog. To really learn the meaning of words, one really needs to use and write them. So I'm practicing ...]

29 comments:

mern said...

oh spin, going down like late in the count.

when have i ever said i dont believe in god?

i am AGNOSTIC!

i have no idea what happens when the lights go out. and imo, any who thinx they do, is insane.

just live the golden rule

im not sure i understand how englands retail sales affect the structual pickle the US consumer is in, but i only went to dayton.

hit em hard

TPS reports here i come!

mern said...

Ernesto Evangelista prefers to pump premium gas into his seven-month-old Nissan Titan, thinking it makes the truck run better. But at a BP station just a few blocks from the sand of Miami Beach, the 33-year-old painter grabbed the handle for the regular, 87-octane gas to fill his tank on a recent Friday.



"Premium is just too expensive," he said. "Nobody can afford to fill up with premium anymore."

see this illustrates my point. the difference on 20 gallons of premuim is 20 cents a gallon or so. thats an extra whopping 4 bucks. there is only one way that thought even enters your mind, and that is if your are Stanley Johnson.

"how do i do it? im in debt up to my eyeballs. i can barely make my monthly finance charges. somebody please help me."

great commercial but sadly seems like a majority of americans r saying
"Nobody can afford to fill up with premium anymore."

mern said...

RICHMOND, Va. (AP) -- Circuit City Stores Inc. said Thursday its loss widened in the first quarter because of a more than 11 percent drop in sales at established stores.
The nation's second largest electronics retailer also said it expects a bigger loss in the second quarter than analysts are expecting and said it is suspending its dividend to keep capital available for its turnaround efforts.

this cud be a bad sign but id rather have a prostate exam than shop at CC.

mfl59 said...

Bunkerman what events/data would make you bearish?

mfl59 said...

philly fed lmaooooo

too much crack smoking and video game playing there....

mfl59 said...

does Ken Heebner read this blog? He says it may be time to start picking at select financials....yes financials...

mern said...

if the phillies just surrounded citizens park with those hyrdoturbors for wind think of the addition to GDP it cud make?

ryan howard alone cud probably power the city for 1 hr, per swing.

Bunkerman said...

hmmm a bearish Bunkerman ? Wait and ask me that when I retuirn to my bunker.

Certainly as I have been saying for a long time, a sustained increase in CORE PCE year over year to over 2.5%.

War risk in China vs. Taiwan.

I'll think about that.

Bunkerman said...

btw I just heard from a very knowledagable person that rich Arabs are buying up oil in Rotterdam to drive the price up a la the Hunts in silver.

Hmmm that was Nelson BUNKER Hunt, wasn't it ? No relation ;-)

Spin-em said...

agnostic.....yet youre "convinced some.....thing....(capt Kirk) hates you"

Mr Miyagi

cross street.........OK
no cross street......OK

guess so?.....vrrrrrrrrrrrrtttttt

Bunkerman said...

I suppose Ken Heebner does read this blog ... we had many ccommon stocks last year.

;-)

mern said...

another hit to the philly fed is one of my old best friends, who i stopped talking to over 2 yrs ago, FIANLLY went to rehab, and not just any rehab. some place in NC, and it is a 9 month program.

he only had to burn through a million bucks, lose his house, car, all friends and girlfriend, before hitting rock bottom.

drug dealers all over philly and chester r crying in thier cheese steaks.

i hope he makes it. he probably had a yr or 2 in him at his current rate of smoking crack and popping pills.

mern said...

there are many people to thank for my good situation but god had nothing to do with it. in fact i remain convinced god hates me, and i hate him.


i guess i shud have said (IF) there is a god.

actually gun to head i believe in a higher power, at the same time i do not think humans r any more important to the cosmic plan than a ant. we all go back to the same energy source or something like that.

i came upon this thesis walking down the mountain at red rocks after a dead show. probably 5 hits of lsd in my with some CB2.

go ahead google CB2. then imagine taking that with lsd, a lot of lsd.

MIND SPLAT!

Frosty said...

"a bearish bunkerman"...deep in the count and bunky serving up breaking balls...command of the corners, painting the black at will...not stepping in the box with him today...reeling indeed sir.

mern said...

NEW YORK -- Willie Randolph figured the New York Mets would fire someone. He just didn't think general manager Omar Minaya would pick him.


[+] EnlargeStephen Dunn/Getty Images

Willie Randolph said of GM Omar Minaya's decision to fire him just 2½ months into the season: "This all happened way, way too early."


"I thought he was talking about whacking a couple of my coaches," the ex-manager told several New York-area newspapers Wednesday outside his home in Franklin Lakes, N.J.

"That's why I was stunned. I didn't think it was going to happen," Randolph said. "At the time, I felt the way he was talking to me, that I was pretty secure for the time being."

TALK ABOUT DENIAL!

lol

i think my dad saw that coming and he been in the dirt since 1980.

Frosty said...

a couple of backtaback player of the week awards sends Bud packing...he can't compete...now I know he cheats at golf...odds that his card has seen a snowman this year, bout zip...give me a 7.

Bud said...

what a bunch of whinin cry baby bitches yankee fans are

f'ng pissin and moanin about nl rules that pitchers must bat

my 12 year old nephew knows how to run the bases

have another egg roll ching ming wang


die yankees die !!!!!!!!!!!!!

Bud said...

where are the ops expo trades??


PS.....did i miss it? i can't find the frosty 'come out of the closet' post

Bud said...

'give me a 7'


lmaooooooooooooooooooooooooo

Spin-em said...

Hank doesnt speak for us sir....if he was rounding third pulling a rickshaw.... there would have been no problem

Frosty said...

ops expo not good to me...can't hit my ass with both hands...I could give you some names as I feed out my inventory...but that would cost ya' 6k.

Bunkerman said...

Well I admit my "buy the banks" long term thought from last July/August was "wrong" as were the fall adds. :-((

But as of now, I still like them huge for a year hold.

mern said...

while at first i totally thought hank remark was retarded, but then i watched barton colon try to hit a hamels slider.

it put him on the DL for 15 days.

he is just a fat slob. how millions does he make to be an athlete?

watched some espn last nite and this am. getting more impressed with what tiger did. all he said his knee hurt and was swollen.

he was playing on a blown ACl and broken leg.

i know enuff that the pain is not constant, but on the follow thru that pain had put a new meaning to the describe your pain on a scale of 1 to 10.

now it shud be 1 to tiger.

the miracle on ice was a team sport with cold war reprocussions. but this was clearly, by far, the single greatest athletic achievement i have ever seen. makes lance armstrong look like tonya hardening.

can you imagine what he was thinking on sunday at the 18th. miss this and thank god its over or make it and play another 18, oops 19 holes.

simply amazing!

mern said...

I have always said that the U.S. Open is the most difficult and complete examination of a golfer, and for him to persevere with a damaged knee and stress fracture is a testament not only to his ability but his tremendously high level of competitiveness

mern said...

sir jack nickalus

Spin-em said...

bitter apple jack..you hear him on the radio?...I almost felt he was hoping he couldnt golf again so Tiger wouldnt smash his records...lol

mfl59 said...

but when asked whether he believed that Woods was faking the extent of his pain, he said: “I think so. It just seemed that when he hit a bad shot his knee was in pain and on his good shots he wasn’t in pain. You see when he made the putts and he went down on his knees and was shouting, ‘Yeah’, his knee wasn’t sore. “Nobody really knows if he was just showing off or if he was really injured. I believe if he was really injured, he would not have played.”

The South African was trying to soften the impact of his remarks last night, although he did not attempt to retract them, merely implying that he was not being serious. When approached by The Times on the eve of the BMW International Open in Munich, Goosen said: “I was being light-hearted. No one but Tiger himself knows how badly hurt he was. But if he was really badly hurt, he would have withdrawn, wouldn’t he?”

LMAOOOOOO oops Mr Goosen

mern said...

Goosen said: “I was being light-hearted. No one but Tiger himself knows how badly hurt he was. But if he was really badly hurt, he would have withdrawn, wouldn’t he?”

at least he is consistent in his ignorance.

its doubtful he wud have withdrawn, even if the bone was piercing the skin.

Bunkerman said...

weird how these guys can't be graciously noncommital. I call it "foot-in-mouth# disease. Hubris.