No doubt that Tuesday was an ugly day in the stock market. The selling seemed like another of those selling stampedes by the trading beefers, triggered this time by a plunge in the stock price of LEH. Whether there were any facts behind the plunge is unknown. The SEC seems to be back in the beefers' pocket, having issued no permanent rules prohibiting short selling of virtual shares. With no uptick rule for short selling and beefers being about effectively to print shares of LEH from nothing for considerable time periods, mere rumors can be used to create a plunge in a sensitive stock like LEH. Of course, the weekend evisceration of FNM and FRE caused much trepidation for those weaker financial institutions. AIG and WM were smashed, too.
Oil traded under $100 on the Brent market for North Sea crude oil in the nearby months. I believe US WTI traded under $102. Oil stocks were under pressure, although they never really went up much as oil went from $100 to nearly $150. But that's how beefers cause stocks to act strangely. Very few real investors are in the markets - it's all trading.
OPEC says it will cut output. More significantly, Russia sent a large delegation to the OPEC meeting, saying it will now cooperate closely with OPEC. Uh ... aren't those Russian oil companies mostly "private" ? So this further makes it clearer that Russia is not a market economy. Why are they in the G8 ? Russia's presence simply corrupts the organization.
The 3-2-1 crack spread has risen from around 7 in August to over 12 now. So refiners should be quite profitable again. This move will help integrated oil company's Q3 earnings.
Fedex reported good earnings. Sigh ... reality vs. perception.
Oh well, I guess I should be used to it. But I suspect this wild action is preventing the common man from making sound, long term investments.
Alpha Fund bought a bit of AAPL as bait for Mr. Market to knock the stock under $50 where I'll buy a lot more. Otherwise I've done little. Mrs. B is being patient with the large amount of new cash in her Sky Fund.
Politics
Obama is trying to obfuscate reality regarding Sarah Palin's gutting of the "bridge to nowhere", saying she at first supported it. But isn't the fact that she later cancelled it and spent the money on Alaska' priorities despositive ? Often earmark money is simply other Federal diverted by a Congressman to pay off his backers. So it drains money from a state's real needs. Well, what else should be expected from a mountebank like Obama ?
Word of the Day
"Collocation" = noun [$10]
Collocation means 1a. (Linguistics) the juxtaposition or association of a particular word with another particular word or words; 1b. the words so juxtaposed or associated; 2. the action of collocating, the state of being collocated.
Sentence: The persistent collocation of "Change" and Obama" is tiring and probably quite stale now for the public, who will want some meat to go with that "change" bun to pick the Obamaburger in November.
About Me
- Bunkerman
- I have a pioneer mentality. My wife & I live in the woods - neighbors aren't visible except slightly in winter. Our "bunker" - hehe, really a fine home & barn - has plenty of security. We have four dogs: Krypto (age 9, Kelpie), Ava (age 13, Rat Terrier), Sky (Kelpie, age 5) and Lucky Star (age 1, kelpie). I don't take crap from anyone anymore, having enough resources & gear stocked up to survive in any circumstance. I have three degrees from Harvard including a Ph. D. in a physical science, and an MS in Management from MIT. I worked as an investment banker for about 25 years, mainly in secured finance, at three major Wall Street firms and for the last 17 years with my partners at our own firm. I'm semi-retired now, managing some private corporations and business interests and doing my own trading & investing. This is not to boast, but to give you an idea I know a little about some subjects from experience. The photo is my 1943 M16 half-track which I am restoring. These armored vehicles were ubiquitous in the US Army in World War II and Korea. It's driveable.
63 comments:
Hmmm silver in the $11's ... sometimes I am not "early" - those big sales at $20 look good.
Ruth..
Gehrig..
Dimaggio..
Mantle..
Arod ???
LET'S GO YANKEES !!!!!!!!!!!
I was asked yesterday about adding to FCX. I bought first around $90, then $80, then $70. I will wait to $60 - I need a significant drop to get my average price down on my position.
Arod never seems to help the team win the Series. Reggie did a lot more.
LEH fire!
"Investors are very enthusiastic with what they are hearing from Lehman"...bloomberg
what on earth is that woman smoking?
NICE
i got all 3 felonies dropped and the restraining order was dropped. she wasnt even cross examined by my attorney.
bud before getting a gun, check the rules. u can pull a gun on uninvited peeps, but u can still get arrested, then spend 10 grand to clear your name. update your u4, and a bunch of BS.
now i sue her for 750k! and her mom, she is gonna love that.
seems like i can only find justice in the world, in court!
DUDE, PALIN IS Pentecostal.
and from the looks of things, is not pro Israel.
yes a fine pick indeed.
GOD DAMN the republicans are totally fucked in the head!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
did housing bottom in july?
LEH to soon disappear, following in footsteps of Kidder, Peabody, etc.
OPEC oil ministers agreed Wednesday to trim overall output by more than 500,000 barrels a day in a compromise meant to avoid new turmoil in crude markets while seeking to bolster falling prices
ROFLLLLLLLLLLL
100 is the new floor
remember when 50 bucks was INSANE. cody willard suggesting 25 bucks of that was geopolitcal and we shud see 25 by 2004.
guess i need to apply to fox news, but i dont have da hair
one needs to know the law to avoid pitfalls with firearms.
many classes explain what one can do and should not do.
Maybe July. Need August numbers to get a fix.
Weakenss is almost all CA, AZ, NV adn FL now - the speculators' faves
um ya.
i did not break the law in any way shape or form, hence the state prosecutor interviewed the movers and dropped all charges.
but i was still in jail for 8 hours, while cindy and her new boy friend cleaned my house out.
all i can say is she better have a better attorney than she had becuase i knew more about the law than him.
during the restraining hearing she wasnt even cross examined by my attorney.
she testified, the judge looked at her and said "is that it?"
" i cant grant this injunction to you"
and it was over.
it was very similar to our first marriage counseling session.
so now i sue her and her mom for intentional infliction of mental duress. 50k a yr for 9 yrs, 450 k.
she stole a diamond ring, in my name, was not a gift, i have a lot of legal precedant that is mine. thats fraud, and so was draining the dog shops bank account. so i am suing her for fraud, and slander since not one thing in the restraining filing was true, and has been proven false in the hearing.
once she sees how i bring her mom into all this, and figures out she needs about 50 grand to defend herself and her mom, im thinking, getting the ring, my wii, my remote, plus 30 to 50 grand will seem like a good deal to her.
if not i can take it the distance for about 50 grand and completely ruin her family. one question at a time!
FUCKING CUNT BAG!
who did you exercise with in the yard?,dark meat,nation or vente cinco's?
the only reason i'm gettin a gun......is cuz my new girlfriend luvs 'em
perhaps you've heard of her...... name is sarah
sarah for president !!!!!!!!!
8 hours in jail ?? how many times you get raped
"dark meat,nation or vente cinco's?"
lmaoooooooooooooooooooooo
Jerry.......Jerry......Jerry!!!!!!
LMAOOOOOOOOOOOOOO
sorry to hear that they tried to rape you, mern. (figuratively)
Unfortunately, I've heard that song before from other friends.
Play hard ball, that's the only thing that works.
you might be able to sue the boyfriend, too.
palin supported the bridge to no where, until she got elected and got blasted for it.
FACT
sarah has no problem shooting animals that have a higher iq than her son. that makes tons of sense.
she is against stem cell research.
she talks in tongues to god.
bush talks to god too, how did that work out?
bman last q when FDX reported bad #'s u suggested it was become of email and they were becoming obsolete.
now they have a gud #, and thats a sign the economy is fine?
data minning?
given cindys outburst of tears in the courtroom, i think A. she knows she really screwed up. B. she kicked one big hornets nest. & C. knows i am going to sue her for everything she has and then some. but what she doesnt know is i am pulling her mom into this, and going for everything the entire family has.
y am i doing it?
because i can, and she deserves it and so does the mom.
what you got frosty ???
i am so cold right now......i need jim to get back to work
PS....isn't 'ops expo' next week ?? yes it is....sweeeeeet
Bud doesnt answer his email but would like an answer when he sends them to you.......
i guess i am a bit selfish......did i hurt your feelings bob?? send me an email.....i send you some kisses
anyway you guys are always strokin each other......thought i might get in on the act
"curtain call bob"
Hank needs to stop pressing the button and just let this thing wash out, once and for all.....
Hank???
is that you zeta?
Isn't speaking in tongues the sign of a deadhead - after a bong or two and a few hits of acid.
Maybe she's your soulmate, mern.
;-)
Hank is looking out for the common man, as he should.
I was talkin about me.....looool......do you ignore "Bob" too???....ohhh myyyy....looool...how bout "Jim"?
i know he cares for the common man....but he needs to stop buying futures in bulk every 5 handles down.....its getting old...lmaoooo
does "jim" return some of the 6k when he is "not trading"?
Is pavi runnin the show?
drop the hook in the dirt an expect me to jump out of my cleats...easy lil fella...have a Angoor ka Sherbet and relax, lil busy here.
uhh.....you were talkin about yourself?? oh
lmaooooooooooooooooooooooooo
sorry bob
i gonna have some Alloo puri Halwa for lunch ......
interesting - I read white women voters went from 8 pts in favor of the mountebank to 12 pts in favor of Honest John.
"sorry bob"...oh brother...LOL
Hmm I guess Mr. Market doesn't read this blog re WM being a target for JPM ... sigh
Bud...thursday before ops expo...tankers looking for the misdirection day....keep us posted.
Bunky...not up in your face MLF59 style...CCJ sellers look done, not 3:30 yet, but...what say you sir.
"in your face"
lmaoooooooo
Bud chin up pal...Rutgers-N Carolina on espn tomorrow night....look for me in the crowd...ill have a sign....
"www.blogspot.viewfromthebunker.com"
If I didn't already have a lot of that CCJ, I'd be a buyer.
Bunky where are those fing short sale rules...we can gut the wrong way beefers going into ops expo....where is the ppt teamwork...non posters, lil help here.
CCJ thanks
I think SEC boss Cox is in the pocket of the shorting beeefers - he probably wants a lobbying job when he's out.
Merny, should have gone tupac on the crew, honky walks...very Bud like, always whipping it out but can't close the deal...did ya use the N word.
feel like mayberry to anyone else..."Gun-drawing practice, ten minutes every day. If I ever have to use this baby, I want to teach it to come to papa in a hurry."...facebook photo, mr limpet indeed.
One of the Things I Hate About Wall Street
11:49 AM EDT
Repeat after me: Being in cash is OK.
thanks Jim, checks in the mail...nice Bud, we have our play.
how can i sue the new guy?
that sounds like fun!
yes bman. ive seen people take lsd, spin around and talk in tongues. and they are complete freaks, that scare me!
she scares me more becuase she doesnt need drugs to see god.
if dick cheney can ruin the country, she can finish the job.
this chix is so far removed from reality, that again, she thinx a white zygote is more precise than actual brown human.
bud i dont know y u r confused. LEH still has a bid right?
HIT IT!
that will be 0, maybe by friday
If he conspired with her and helped her steal your stuff, he's got a problem.
If he's rich, better leave him out
;-)
never sue a rich person, unless forced to.
hmm I wonder if "zygote" is a $10 word ?
I think so - had to look up a precise definition.
Biology class was a long time ago.
get half your dog $$ back..thats fair, and forget it...ya went black and all that goes with it..ya fucked up..your fault..move on... NEXT!!!
clear the pool...cannonball to the sack LMAOOOOOO...spending to much time with MLF59 indeed.
mern now that you are single again sir looks like its time to quit your job at Initech and start trading again....
spin no choice but to sue, she is trying to sue me for half of my house.
i do quite well in court becuase i have the truth.
u cud ask the last guy i sued but the only thing left of him is stuck in the grill of a dump truck.
Bud i hope u shorted LEH at 8.
ill be nice and only charge u 4 grand for that one.
man ive been on fire, on paper, for months.
i am such a piker!
Com onn...you lived with her for what 8 years???...and think your going to get the money,ring,house and all the shit?....you dont live in Fla..youre livin in Candyland sir. Ya got 3 felonies dropped...she didnt charge ya..the cops did....so you must have GONE BANANAS.... B A N A N A S....doesnt mean you were rightcuz they were dropped...my bet is the cop didnt come to court...just be happy ya got out of that bs...you saw the Wedding Crashers right?...Dwight was the bigger man.. split it... move on and go get some azz...lmaooo
spin this is florida.
i let them in.
they told me cindy wasnt coming.
i asked them to leave.
they didnt.
i asked them again, forefully, they did not.
i got an unloaded gun and escorted them out of my home.
what is really surprising is they cuffed me at all.
the state interviewed the movers, reviewed the 911 calls from me and the movers, and the charges were dropped in a week.
then she filed a bs temp restraining order on me.
her testimony was so weak, my attorney didnt even have the chance to cross examine her. the judge pretty much got mad at her for wasting the courts time.
i put up with her bs for 9 yrs. and while i am helping her move out she tells me that in 2001, when the shrink crushed her and told her she was acting like a teenager and her reactions "were beyond the pale" she shut me down. then started using her mom as a marriage counselor and never complained about anything becuase she thought i wud trivalize it.
i know how this game is played. she already threw everything she had at me, and lost badly in court/
i have her solid on fruad, and slander.
the intentional infliction of mental duress is hard to prove, but i have 2 shrinks ready to testify against her, and she has nada.
she cried in court on monday, and when she sees the 750k lawsuit, and sees that not only her but her mother are going to spends 10's of thousands of dollar to defend themselves (which they dont have), they shud cave fast.
i know that family and i know cindy.
if her parents ever had an idea about all the drugs she has done, the rapist she let escape, cheating on me (ya i got that from my PI a week before i asked her to move). her fathers infidelity, etc, etc, etc.
the cooks live in a fantasy world. and anytime a 3rd party has agnostically looked at the situation the response has always been the same.
maybe that is how they live in japan, but that shit dont fly in america.
florida is not a common law state. and we only satisfy 1 of the 4 traits. she never took my last name, and we never filed a joint tax return.
i really shud have been a lawyer. i enjoy discovery, and digging into peoples lives.
i gave my civil attorney 5 pages of questions already.
and just to show how weak her case was. i spent 5 grand on the defense attorney. 2500 for 3 aggravated assault charges, usually 10 grand for that, but he knew there was no case. 2500 for the injunction, and he didnt even say one word and neither did i.
i get a big fat chubby thinking about court.
she hates it.
ill go away for about 20 grand.
short of that, her and her mom are going to spend about a yr in court. maybe i win, maybe i dont. but i will create a lot of havoc in their little utopia.
oh and her attorney had no idea, going into the hearing that all charges had been dropped. he was floored by that.
i hope she keeps as her attorney.
i think that is all she can afford.
i can afford the best.
having a great attorney is huge, just ask OJ.
cindy even showed signs of cracking on monday. she stopped lying and started telling the truth. hence no cross exam needed, she had nothing and knew it.
and she knows this lawsuit is very real, very large, and i might end up getting slice of her paycheck until she dies.
Mern...Bud has a klan meeting tonight...he made the cross burning drill team...say ya meet up around 10pm, bitch seen nutten yet.
"ill go away for about 20 grand."
She cheats and you look like the scmuck....lol
ya i was a big stepping stone for her.
frankly i am happy to be without her, it was such a struggle, all those yrs.
she never told me, she was over it in 2001 until this july.
she loved the lifestyle, not me.
thats about right for my life.
um bob
im voting for barrack.
i still really really hate white people!
PALIN makes rush limbaugh look tolerable.
she thinx the world is like 15,000 years old. and has chats with god.
if the dems fuck this one up, thats really fucked.
i do agree with ron paul in a big way, but palin is forcing me to pick the darkmeat.
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