Old Man Winter rolls along. Britain and France are suffering from large snowfalls and below "normal" temperatures.
WSJ: "The U.K. and France on Tuesday braced for a front of severe weather as heavy snowfall and ice caused widespread disruption to air, rail and road networks.
Meanwhile, China faces potential power shortages as parts of the country struggle with the coldest weather in decades, authorities said. The cold spell is expected to persist through the week, driving up demand for heating and electricity." ...
"This winter has been the coldest in years, driving a surge in demand for heating fuel. U.K. authorities on Monday urged power suppliers to switch temporarily from gas to other fuels such as coal. The measure, known as a gas balancing alert, has been used only once before, in March 2006." ....
"In China, Beijing faced its coldest weather in half a century on Tuesday, near zero degrees Fahrenheit, while residents dug out from the worst snowfall in decades. Services were gradually being restored on Tuesday after schools, airports, roads and railroads closed Monday."
This seems like punishment from the weather gods for man's hubris in thinking that he controls climate. Where are the press releases from the climate pumpsters ? I suppose they are hiding ...
Iceland
What am I missing ? thousands of UK and Netherlands "investors" send billions to Icelandic banks over the Internet. The banks invest the money badly and collapse. Then for political reasons, UK and Netherlands governments pay off the "investors". And now they want the people of Iceland to pay them off. Iceland is a very small nation of only 300,000 people, less than 1/2 the population of Boston. The payoff would amount to $20,000 per person.
That's nuts. Tell UK and Netherlands to go fishing.
Actions
Futures are down early. If they stay down, I'll let my put play roll on. If not, it's 23 skiddoo.
Word of the Day
"Cognomen" = noun [$10]
Cognomen means 1. a nickname; 2. an ancient Roman's personal name or epithet, as in Marcus Tulius Cicero or Pubius Cornelius Scipio Africanus.
Sentence: Either cognomen applied to Obama by this blog seems to fit better and better: La Grande Boucher or The Bloviator.
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70 comments:
good morning Bman !!!!
what a delicous grande pumpkin-spice latte with cinnamon i had this morning.............Bman you ever put cinnamon in your coffee ???
the climate change hoax is slowly being exposed.............and it was a powerful scam...........ummmmmm.........i was a believer in it too
but initially this blog............and then when i heard obama and pelosi preach it like the gospel..............i realized it was bogus
go fishing ??? that's way too polite..........iceland shoud tell gordon brown to F off
good work Bman..............keep posting your market thoughts and actions ............they help me alot..........a must read for me every morning
don't let the scumbags here deter you from posting..........that's what these guys live for............you post a bad trade........and they start dancing..........what a bunch of lowlife dirtbags
' Bud said market would crash on Monday.........he was 1000% wrong................hahahahahahahahahah....what an idiot!!!!!!!!!.........i'm gonna bring it up.....you do too.......yeah!!!!!!!'
what a bunch of F'ng losers...............that's ok...........i keep pluggin along
Bman............so you still think the crash of 2008 was just 'rich man's panic' ???
i think you need to read Street Fighters...........it's about the downfall of bear stearns..........that may change your mind
chris dodd gone..............dems are smart...........cleaning house
10 months a long time for other Dems in connecticut to win over the voters...........Dodd was a dead man walking
Bman will you be voting in the massachussetts special election for ted kennedy's old seat ??
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Bman what are your thoughts on gilbert arenas bring 4 unloaded guns to the locker room ??? i think he needs to be suspended for 1 year minimum
PS.............Bman did you ever bring your guns to work as a joke on a coworker ?? what would have happened if you did ??
Bman...do you store your weapons in a safe?...or do you have an entire room vaulted for storage?
hey bob...............do you people get offended by the term fudge-packer ????
PS............still wanna be pals ???
PPS..............stop with the 'you people' crap...........and i'll..........uhhhhhh.......call off the dogs
a safe ?????
LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
Bman has a separate artillery and ammunition compound ..........he could arm a militia..........ya'know..........for the invasion of rhode island
Bunky complains about climate scientists data mining and then 2 days in a row rants about how cold its been for the last 10 days???...like its the ahhhhaaaa!!! moment.... tsk tsk tsk...come onnnn maaan..
I am usually a polite person ... hence the "go fishing"
yes, when younger, I tried that. It's OK.
I like cappucino when traveling and wanting a late morning or after lunch cup of coffee.
re global warming, it's a good example of the Goebbels "big lie" propaganda
The Panic of 2008 started as a rich man's panic, then they made it awful for all.
no need for it to have gone so far - excessive money in beefers burned down everything.
nope re MA voting - Coakley is sure winner; she's "OK" re guns, in that she is NOT an active anti.
best we can hope for here in the PRM.
nope re ever using a gun as a joke or show-off or anything.
that's for management - no opinion.
Obvioulsy some action required.
If he intentionally put fear into people, that's "assualt" and is a crime.
re storage, I use many methods depending on where I keep them
All are secure.
My household method quick entry methind is a small safe called a "mini-vault".
I do have some large safes.
uh .. spin ... you miss the point.
When it's warm, the pumpsters put out press releases about record heat (to get publilcity & $$$).
My point is that this weather is a counter-example.
One only needs ONE counter-example to disprove a theory.
The recent turn down disproves ALL the warming models and claims.
Bear Stearns was full of pirahnas and pigs. No surprise it collapsed.
LEH made huge stupid bets.
self-inflicted demise from greed.
of course, both firms were run by the rich & powerful. there collapse is no contradiction to a rich man's panic.
Bud when did you make the switch to Starbucks?
If the pumpsters say man is making it warmer, and say it's NOT natural, then this year and last year prove they are wrong, as they have to admit these are natural.
The logic is irrefutable.
Spin did the case of Kristal arrive yet for Saturday's party? A lot to celebrate indeed...Bunkerman's puts are slightly underwater...I can't remember ever being happier....maybe when Nicholas was born...but this is a close second...
"ruin their business model"
"wake up son"
" this year and last year "
well now it appears your sample is getting larger...perhaps I didnt miss the point?
uh ... spin ... learning a language improves memory as one ages
I wrote about last year ... last year
also eating pistachio nuts.
;)
Sal...do you people believe in opx misdirection day.
I don't think the word "sample" charaterizes the nature of the counter-example.
The reality of thw last two years prove the model lack critical physics.
As did the medieval climate warming and the Little Ice Age in the 1600s, as did the cooling in the 1940s and the late 1960s.
With five counter-examples spread over one thousand years, it's a lot more than a "sample".
hmm a metaphor:
The Normans did not have SUVs.
LOOOOOOOOOOL....ok Bunk Ill call off the dogs
hmmm.... I thought pistachios are legumes
"Futures are down early. If they stay down, I'll let my put play roll on. If not, it's 23 skiddoo."
Bunk...playing beeferstyle put action...don't you press common to entice profit taking and roll forward on thursday if you can't crackem?
if the effect I was playing does not occur, I'm out.
If it starts, I'll do something to give more staying power. The very short expiration is a big worry.
hahaha mav
I was using the common term "nut" as I am a "common" man
;)
out of the puts. ugh.
I was wrong.
:((
standing aside for now in 1-2-3 fund.
go ahead Bud...say something...
"I'll knock your teeth out"
lol spin re that volume bar on TIP Monday. Just stupid asset allocatiors overpaying by doing it on tha tday.
I'm a buyer at 102, bigger buyer at 100.
a "real" buyer
;)
you ain't a 'real' buyer...........virtual buyer......fake buyer.........all that crap
you are a f'ng beefer...........you went to beefer university..........all your friends are beefers..........period ....the end
you ain't a 'real' paki...........virtual paki......fake paki.........all that crap
you are a f'ng cowboy...........you went to cowboy university..........all your friends are cowboys..........period ....the end
actually, I'd buy them in Krypto Fund which is a real buyer - long term only. Have some money in cash there now waiting.
since when is Iowa State a "cowboy" university ?
they raise hogs & grow corn in Iowa - few cows except at feedlots.
;)
but I admit Harvard is a Beefer U plus a Ruling Class U, no doubt.
Bud the fact that you and Dan Gable attended the same university makes me sick to my stomach...
Dan Gable ... yeah I remember seeing his wrestle. A machine.
Bunk...put call ratio hitting lowest level since 2006...how big was that put postion...swinging well below the knee, moving markets indeed...very impressive sir.
a warrior like Gable and a kiss ass like Bud walking around the same campus...what a joke
ain't a real paki
LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO frosty
can't beat that............i gotta call the dogs off now..............for a week maybe
dan gable was a f'ng fag
why ?? he like to play with sweaty young men in their underwear
uhhh Bman.............i worked on a farm in Iowa a couple summers ...............that was very very tough work
they may not be cowboys..............but they are f'ng tuff and rugged
very true ... hard work ... moving those hogs can be tough.
remember that scene at the beginning of "Unforgiven" when Clint is trying to move hogs.
Sheep aremuch easier - just use a dog like Sky - he loves the work.
one can use dogs for cattle, too, if trained properly.
enuff political nonsense in tank... more of ur picks....We need to put food on our tables..
'Danke schön azzhead"
Bud you are an interesting guy.....an Alexander Supertramp typr guy if I may...
Bud when you worked on the farm did you bring the boys a grande pumpkin-spice latte with cinnamon every morning? I'm sure they would have appreciated it...
roflllllllllllllllllllllll
is there such thing as pollution?...is there really a hole in the ozone layer??...did we land on the moon?puffing smoke in the air has no effect?...warm,cold,...pffttt either way isnt less something you'd be interested in ??...what if your wrong?...ooopps my bad kids...here lotion up for the bus stop SPF 145lol
uh .. spin ... sunlight hitting oxygen makes ozone.
guess why the "ozone hole" was always found in the antarctic winter ?
no sun to make more. D'uh ...
the chemical reactions required no sun and ultra cold to get rid of existing ozone before winter ended.
sigh .........
you might worry more about the next ice age .. coming soon - a few thousand years or less; much less.
Scranton will be under a glacier about a mile thick.
Ditto my bunker.
;))))))
then there's the Sun going Red giant ...
earth, humans good bye, unless we have nuclear power bigtime & space travel.
thats a great storreeee...tell it to my freon guy will ya...lol
callin off the dogs..."sorry" bunk..handshake
lololol
np ... it's fun
you had to go Red Giant route?? really bunk? lool
yup, gotta start the panic ...
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