Thursday, April 2, 2009

Springtime Green

Hong Kong stocks are up for the year.

Australia reports a strong trade surplus with exports UP. FT: "Despite weaker global growth, Australia boosted rural exports, particularly wheat and meat, while metals and minerals sales rose 3 per cent. A 55 surge in gold exports to A$784m, was offset by gold imports worth nearly the same amount."

Copper prices are moving up.

I wonder if Q1 will be seen as the end of the recession? This is possible as huge amounts of stimulus are flowing now.

Yesterday was a strong up day, which was a bit surprising since futures were down early. Futures are up strongly this morning as of 5AM ET. Europe is up strongly. Asia markets were up.

Many hedge fund withdrawals filed early this year have been canceled [source - FT], leaving the beefers with surprisingly more money to invest.

What would surprise everyone? A rocket shot to Dow 10,000.

I'm not predicting this, but few are positioned for it. My Obama Fund is, as is my Fido Fund, but ... I've been an incurable and quite wrong optimist for months as the panic unfolded.

I'll be deploying new money over the next few weeks. All will be going to stocks or real estate, which are the two areas my Krypto Fund model says are quite underweighted.

Word of the Day

"Conjure" verb [$10]
I concentrate on an old usage pronounced with stress on 'jure', not the usage related to magic, etc., which is pronounced with stress on the 'con' syllable.
Conjure means (in this usage) to appeal solemnly to [a person, group].
Sentence: Bunkerman conjures G20 to regulate hedge funds strongly.

Le Mot du Jour

"Compter" - verb, transitive; regular -er conjugation.
Compter means to count, to intend, to expect to.
La Phrase: [from today's Le Figaro] Les 20 chefs d'Etat comptent également imposer pour la première fois une supervision aux fonds spéculatifs (hedge funds).
Sentence: The 20 chiefs of state intend as well to impose for the first time a supervision on speculative funds (hedge funds).

I chose this sentence from Le Figaro as it makes clear that the French words for "hedge funds" is "hedge funds". This is clear from the title to the application paragraph: "vers une supervision imposée aux hedge funds." meaning, "towards a supervision imposed on hedge funds."

32 comments:

Bud said...

a good morning for the forces of light.......asia and europe surging


no way i could have predicted this......but.....i get advice from guys significantly smarter and sharper and astute and knowledgeable than me


' L'aquarium de requin est un feu !!!!! '

Bud said...

Bman you have a link to that FT article on beefer redemptions


that would be huge ...........i would like to read that

Bud said...

found it Bman

Spin-em said...
This comment has been removed by the author.
mfl59 said...

"I cant find any setups"

"Market is a pain"

"Please dont forget to pay me my 6K"

Bunkerman said...

I expect my prediction on peak unemployment (8%) to be breached significantly tomorrow. Next up is Frosty at 11.5%. I never got one from a certain loquacious tanker - guess he couldn't stand the stress.

;)

But it's a long way until mine is not the closest. Still hope.

mfl59 said...

"Gold only thing setting up"

Mush mother fkkkerr

Frosty said...

"Don't Panic If You Miss the Big Moves"...yes, sitting in cash for the last 26% waiting with you, thanks jim...your the best, dare I say phat.

Frosty said...

playing football, drinking beer, chasing skankseneaters, running nude through the streets...life is good...lil jealous rant indeed.

Bunkerman said...
This comment has been removed by the author.
Bunkerman said...

Le Fonds d'Obama est en feu !!

[ fixed error :( ]

Bud said...

good to hear Bman............and oh....



' L'aquarium de requin est un feu !!!!! '

Bunkerman said...

Oh, and that under mark to market, not frosty's mark to model.

;)

Bud said...

'certain loquacious tanker'


ummmm.............is that me you talkin about Bman ???.....i guess.....who else could it be??


lemme answer now..........i am a ping-pong player.....but heck....i'll throw a dart....10.5%



PS.....what does loquacious even mean ?? and how do you say it in french

Bud said...

meredith whitney saying you can buy banks stocks here


huh ??? i thought she was an arsonist..........sounds to me like she is a carpenter

Bud said...

does rick santelli read this blog ???


he said 'arsonist' twice today

Frosty said...

"i'll throw a dart....10.5%"...is that BS...I think so....typical indeed.

what a lameaazzzpussybitch move..."should knock your teeth out"

mfl59 said...

I'm pretty sure he meant Mern big guy...

go back to kissing ass in l'aqaurium....

Spin-em said...

lmaoooooooooooooooooooooooo

Frosty said...

I think I can speak for Mark..he'll take 10.4999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999%

Frosty said...

crowd goes wild...if I must... frost lumbers to the top step of the dugout...tips cap, exposes those lush locks and boyish grin....crowd comes to their feet.

Bunkerman said...

I meant Bud in this case ... mern is a "loquacious commentor".

I'll have to put an asterisk on that, Bud ... since I told you what frosty's number was.

But I do need one from mern

HELLO MERN !

Your guess for unemployment peak number, please.

That that's with the BLS numbers.

;)

Bunkerman said...

loquacious means "extremely talkative, gabby"

Hmmm, French would be "loquace".

Frosty said...

Bunky...I can live with the aazzhead *...the Babe vs Bonds indeed....nonono Babe vs Mendoza.

Frosty said...

Bunky your heros continued to break orbit.

The U.S. Senate on Thursday approved a provision that would require the Federal Reserve to disclose the names of institutions it has given funding to.

How would that not create a free fin fire zone...your blonde bombshell girlfriend and her masters would smoke that list daily.

mfl59 said...

does Jim Cramer read this blog?

He just gave the "all clear"...."The depression is over"

Bud said...

Bman you really think i give an F what that redneck hillbilly faggot from south alaska thinks ????


i thinks job losses will continue to pile up this year.......doesn't mean i'm not with the forces of light


whatever .....it's a wild guess



' helluva call bob '

Bunkerman said...

true, frosty ... such stupidity in DC ... stunning.

Bunkerman said...

haha, but in the past, we've seen how Cramer seems to copy this blog's ideas.

and then ther'es Santelli ...

Bunkerman said...

I'd call that IMF expansion from G20 a positive surprise. That helps emerging markets.

Frosty said...

Spin has been MIA OT often of late...rumor is he has a new girlfriend...can anyone confirm?

Spin-em said...

just sharpening my skills... $17??? here ya go Dan...