Tuesday, November 1, 2011

Close, but ...

Krypto is sleeping in ... her model shows no action for today.  Other asset classes fell enough to keep the gold+silver class from getting a clear buy signal.  I see futures are down bigtime this morning.  Oh well, maybe in a few weeks Krypto can re-buy what she sold on Friday.

Obey the machine ....

MF Global

$700 million is missing.  The hedge fund industry gets another black eye.  Corzine seems to have been a power hungry, greedy knave.  First he did  nothing to help the people of New jersey as both a Senator and Governor.  Now he blows up a formerly fine firm and was captain of a ship while its hold was looted.  He's certainly Knave of the Month.

Word of the Day

"Rococo" - adjective [$10]
Rococo means excessively ornate or intricate.
Sentence:  Much art and decor from the era of Louis XV exhibits the rococo style; one can see this clearly in many rooms of the Frick Museum at the corner of Fifth Avenue and east 70th street in New York City.
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14 comments:

  1. BudNovember 1, 2011 at 4:12 AM

    should Greece be kicked out of the EU Bman ??

    ReplyDelete
  2. BunkermanNovember 1, 2011 at 6:43 AM

    No, but let it default.

    How can a union kick out a member for screwing up? Just let them default.

    The US cannot kick out a state.

    ReplyDelete
  3. BunkermanNovember 1, 2011 at 6:44 AM

    If the people don't want "auterity" let them find someone else to lend them money.

    The government's payroll checks will bounce.

    ReplyDelete
  4. Spin-emNovember 1, 2011 at 9:11 AM

    Spin-em said...

    T2108...12

    October 4, 2011 7:42 AM

    Spin-em said...

    T2108 84

    October 27

    Spin-em said...

    Does Krypto like TZA right here?

    October 28

    well done Spin (I pat myself on my back double FU fingers to AFO'S "the team")

    LOOOL

    ReplyDelete
  5. BunkermanNovember 1, 2011 at 10:36 AM

    hmm yes, a well deserved "well done" spin.

    ReplyDelete
  6. BunkermanNovember 1, 2011 at 11:05 AM

    as an ex-rugby player, I'll say: "nicely done", spin.

    ReplyDelete
  7. Spin-emNovember 1, 2011 at 11:25 AM

    lol...Bunk...that rugby is one tough sob...some games been on the tube...woowww...ur knees must be shot?..lol

    ReplyDelete
  8. Spin-emNovember 1, 2011 at 11:42 AM

    Johnny Corzine 80 to 1 unhedged....let me ask you...would that be wrong???...lol

    ReplyDelete
  9. Spin-emNovember 1, 2011 at 12:05 PM

    Johnny Corzine...using clients money....700 millllllion missing....is that SOP??....lol

    ReplyDelete
  10. Spin-emNovember 1, 2011 at 12:22 PM

    BREEEEEEEEEEAKING NEWWWWWWZZZZ

    Johnny Corzines lawyer says...he found the $$$..its was in his other pants....it was in his other pants..lol

    ReplyDelete
  11. BunkermanNovember 1, 2011 at 1:29 PM

    re knees - nah ... as a weightlifter from age 11, I have "big bones"

    no problems.

    ReplyDelete
  12. BunkermanNovember 1, 2011 at 1:30 PM

    I guess Jon Corzine will go down as the poster pig for a Wall Street hog.

    ReplyDelete
  13. BunkermanNovember 1, 2011 at 1:31 PM

    It fits that he was a liberal in DC - loves risking and spending OPM.

    ReplyDelete
  14. BunkermanNovember 1, 2011 at 1:32 PM

    I admit I'd like to see him in a perp walk.

    ReplyDelete