Tuesday, May 25, 2010

Heavy Shelling ...

The Euro-beefers are bailing out, hence the severe weakness in the AM futures markets. I think yesterday's very late, massive sell-off was the precursor to the today's AM drop off. I'd guess the Street had the orders in already or knew that Euro-beefers were being liquidated, so used the firmness yesterday to front-run the moves at the close.

Of course, since all participants [except the common man investor] have learned to recognize signs of computer order floods, and to climb the trees to safety at first sight, the swings are much larger and faster than an orderly market would normally have. For all the blather about "liquidity" provided by computer trading, is it not NOW obvious to all that such "liquidity" is a phantom, and is NOT there when needed ?!

Get rid of ALL computer trading EXCEPT within very narrow market windows of time and price.

The knaves at the SEC won't do that, though. They care NOTHING for the common man investors. All they want to to line up a job with fat pay at the Street or the Street's law firms after leaving government.

Actions

Waiting. Krypto has plenty of cash to redeploy. She did a LOT of selling as the market approached the recent highs - I posted them all. Notice that UNLESS one does selling on the way up, one will not have cash to buy on big plunges. You really do have to buy low, sell high AND sell high to buy low. It will take a good bit more drop to trigger Krypto's buy programs again. Just sitting & waiting.

Mrs. B has a bit more more cash to redeploy, too. No ideas in mind for now, though. Lolol, I think she is the only buyer at her local broker's office lately.

Word of the Day

"Apophasis" - noun [$100] Rhetorical
Apophasis means denial of one's intention to speak of a subject that is at the same time named or insinuated, as "I shall not mention Caesar's avarice, nor his cunning, nor his morality."
Sentence: In modern political dialog, one often hears examples of apophasis as a way to smear an opponent with negative or even false accusations, while seeming or purporting to be clean.

[From Greek, ap'opha(nai) - to say no, deny]

25 comments:

Spin-em said...

I wonder if those who protested would like us to move our South Korean bases now?

Bunkerman said...

yup ... ditto in Japan.

Bunkerman said...

hmmm looks like Ms. Market wants to give Bman or Spin a kiss for 1st half close Helmet contest.

Mav - 989
Bman - 1011
Sping 1071

Mav looks like a lock for 1st half high now with his 1215.

Frosty said...

did arnold set up a brokerage shop down a druckers general store sir...of course Mrs B the only one in town with any game...she's the best.

Bunkerman said...

Mrs. B is not a broker. She is a customer of one.

Bunkerman said...

hmm ooops, I think I missread your comment, frosty. Sorry.

Spin-em said...

could we have a Bunky scale to keep us current on holdings....like...say 1 outta 10 bullets???...lool

Bunkerman said...

uh spin ... could you elaborate on what you mean ?

Speaking of bullets, I just bought 5K rounds of 9mm ammo. Perhaps that answers your Q.

;)

Frosty said...

scale of 1-10...MIT called...wants the sheepskinner back.

mfl59 said...

MIT? is that a vo-tech school?

Spin-em said...

not counting the hooochie houses or the other junk..looool

Spin-em said...

* other junk

collector items ie swwwordroom

lool

Frosty said...

Spin wants bunk to open the kimono...oh we're off to see the wizard...the wonderful wizard of oz.

Spin-em said...

nothing but respect for bunk...thats why we're here...If he has 3 funds and so much cash to be deployed 60%invested 6 bullets..lool

quiet the guff email from these non posting readers..lol

Spin-em said...

ps not Big Al

Frosty said...

"60%invested 6 bullets"...read fader...0-5 comin...you should feel great shame Spin.

Frosty said...

Bunky...when you have Jean-Claude Trichet over for the long weekend bbq...would you please ask what he has against lower rates in the eurotrashzone...thx in advance.

Spin-em said...

sorry bunk ..handshake

Bunkerman said...

scale of 1-10 for what ?
sheesh ...

Bunkerman said...

Krypto is 25% long US, 20% long foreign (Pac, Eur, Emerg each 1/3), 15% long Real estate, 10% long TIPS (and soon to be cut back), 5% gold (metal ETF, funds)22.5% fixed income incl muni bonds adn 2.5% cash (and soon to go to zero if mkt goes doown much more).

Krypto does it by the numbers.

Bunkerman said...

I've been cutting back cash & TIPs with every buy.

Will keep doing it every few % down.

Bunkerman said...

Also, might soon sell some RE for stocks - it's a bit over the "Standard" numbers.

Frosty said...

http://www.youtube.com/watch?v=5dd-Un22DzA

Spin-em said...

so 9.75 bullets guys

Spin-em said...

http://media3.washingtonpost.com/wp-dyn/content/photo/2005/11/22/PH2005112202182.jpg

DAY 18

BUD THE "C WORD" TAKEN HOSTAGE